Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations
COASEANZ311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.10
Year-over-Year Change
24.54%
Date Range
6/1/2012 - 7/1/2025
Summary
The Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations measures the changes in prices of imported food manufacturing goods from ASEAN countries. This key indicator provides insights into trade dynamics and inflationary pressures for the U.S. food industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the prices of imported foods and beverages from the Association of Southeast Asian Nations (ASEAN) region, which includes key trading partners like Vietnam, Thailand, and Malaysia. It's a valuable data point for economists and policymakers analyzing trade flows, supply chain issues, and the domestic impact of global food price fluctuations.
Methodology
The data is collected through surveys of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The ASEAN food import index is used to inform trade policy, monitor inflation, and assess the health of the U.S. food manufacturing sector.
Key Facts
- ASEAN is the 4th largest trading partner for the U.S.
- Food manufacturing is a $750 billion industry in the U.S.
- The U.S. imports over $100 billion in food and beverages annually
FAQs
Q: What does this economic trend measure?
A: The Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations measures changes in the prices of imported food manufacturing goods from ASEAN countries.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into trade dynamics, supply chain issues, and inflationary pressures impacting the U.S. food manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. importers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The ASEAN food import index is used to inform trade policy, monitor inflation, and assess the health of the U.S. food manufacturing sector.
Q: Are there update delays or limitations?
A: The index is published monthly with a 1-month lag, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations (COASEANZ311), retrieved from FRED.