Technical Information: USDL-04-1763 (202) 691-7101 Transmission of This Media contact: Material Is Embargoed (202) 691-5902 Until 8:30 A.M. E.D.T. Internet Address: http://www.bls.gov/mxp Thursday, September 9, 2004 U.S. IMPORT AND EXPORT PRICE INDEXES - AUGUST 2004 - The U.S. Import Price Index rose 1.7 percent in August, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Higher prices for both petroleum and nonpetroleum imports contributed to the overall increase. In contrast, August export prices fell 0.5 percent as lower prices for agricultural exports more than offset an increase in nonagricultural export prices. Percent changes in import and export price indexes by End Use category -not seasonally adjusted- IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 2003 August 0.0 1.8 -0.3 0.0 -1.0 0.1 September -0.5 -5.8 0.3 0.4 5.4 -0.1 October 0.1 1.6 -0.1 0.2 2.4 0.1 November 0.5 2.1 0.2 0.5 4.0 0.1 December 0.7 5.1 0.3 0.3 0.4 0.3 2004 January 1.5 7.3 0.8 0.7 0.7 0.7 February 0.4 0.5 0.4 0.7 1.5 0.6 March 0.8 5.1 0.2 0.8 3.5 0.5 April 0.2 -0.2 0.3 0.7 2.5 0.5 May 1.5 9.4 r 0.2 r 0.4 0.5 0.3 June -0.2 r -1.2 r 0.1 r -0.8 r -4.7 r -0.2 July 0.3 r 2.0 r 0.0 r 0.5 r -1.0 0.6 August 1.7 9.6 0.4 -0.5 -8.5 0.4 August 2002-03 2.0 12.4 0.7 0.9 3.4 0.8 August 2003-04 7.2 40.4 3.2 3.9 6.1 3.9 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices increased 1.7 percent in August, the tenth increase in the past eleven months and the largest monthly rise for the index since February 2003. The increase was again led by higher petroleum prices, up 9.6 percent in August and 40.4 percent over the past year. The August price index for petroleum imports was at its highest level since publication began in 1982. Nonpetroleum prices also contributed to the overall increase in import prices, rising 0.4 percent last month and marking the largest gain for that index since rising the same amount in February. Prices for nonpetroleum imports had been unchanged in July and were up 3.2 percent for the year ended in August. Overall import prices rose 7.2 percent over the same period. The increase in nonpetroleum prices was primarily attributable to a 2.0 percent advance in the price index for nonpetroleum industrial supplies and materials. Higher prices for lumber, metals, chemicals, and natural gas all contributed to the increase. Nonpetroleum industrial supplies and materials prices have risen in each of the past ten months and were up 16.3 percent for the August 2003-2004 period. The price index for foods, feeds, and beverages rose a modest 0.1 percent in August and was up 5.9 percent over the past 12 months. In contrast, prices for each of the major finished goods categories posted no change in August. Capital goods prices remained unchanged as a drop in computer prices was offset by higher prices for capital goods excluding computers. Lower computer prices continued to put downward pressure on capital goods prices, which fell 1.5 percent over the past year. The price indexes for automotive vehicles and consumer goods were up over the past 12 months, rising 1.6 percent and 0.6 percent, respectively. Export Goods Overall export prices fell 0.5 percent in August, the second decline in the past three months following an upward trend since September 2003. The August decline was driven by an 8.5 percent decrease in agricultural prices, the third consecutive decline for that index and the largest one-month decrease since monthly publication began in 1989. Sharp drops in soybean and corn prices were the largest contributors to the decline. Despite the recent decreases, the price index for agricultural prices was up 6.1 percent over the past 12 months. Nonagricultural prices were up 0.4 percent in August. Prices for nonagricultural exports and overall exports each rose 3.9 percent over the past year. Nonagricultural industrial supplies and materials prices increased 0.8 percent in August, continuing the upward trend for this index over the past year. Rising prices for chemicals, metals, and fuel all contributed to the upward movement in the index, which rose 13.1 percent for the year ended in August. The price indexes for each of the finished goods categories posted modest increases for the second consecutive month. Prices for capital goods and for automotive vehicles both were up 0.1 percent in August, the same as in July. Capital goods prices rose 0.3 percent over the past year, while prices for automotive vehicles were up 0.8 percent. Consumer goods prices increased 0.2 percent in August following a 0.5 percent rise in July and were up 1.7 percent over the past year. Imports by Locality of Origin Prices for imports from Latin America and from the European Union were up in August, led by rising prices for petroleum products. Import prices from Latin America rose 2.5 percent, the largest monthly increase for the index since February 2003, and were up 11.2 percent for the year ended in August. The price index of imports from the European Union advanced 0.8 percent in August and 6.1 percent over the past 12 months. Import prices from Canada rose 2.2 percent in August, continuing the recent upward trend. The August increase was the largest since February, and the index was up 10.8 percent over the past year. Prices for imports from Japan rose a modest 0.1 percent last month after a 0.2 percent advance in July. Over the past 12 months, the price index of imports from Japan was up 1.3 percent. In contrast, import prices from the Asian Newly Industrialized Countries were unchanged in August and were down 0.7 percent over the past year. Import and Export Services Import air passenger fares declined 0.3 percent in August, following four consecutive monthly increases. The index was down 2.7 percent for the year ended in August. In contrast, export air passenger fares increased 7.7 percent in August, led by a 21.8 percent increase in Asian fares. The increase in export air passenger fares was the third consecutive monthly advance, and the index rose 9.3 percent for the year ended in August. CONTENTS OF RELEASE This news release includes the following tables: Table 1 U.S. Import Price Indexes, by End Use Table 2 U.S. Export Price Indexes, by End Use Table 3 U.S. Import Price Indexes, by SITC Table 4 U.S. Export Price Indexes, by SITC Table 5 U.S. Import Price Indexes, by Harmonized System Table 6 U.S. Export Price Indexes, by Harmonized System Table 7 U.S. Import Price Indexes, by Locality of Origin Table 8 U.S. Import and Export Quarterly Price Indexes for Services Table 9 U.S. Import and Export Monthly Price Indexes for Services Table 10 U.S. Inbound and Outbound Quarterly Price Indexes for Services Table 11 U.S. Inbound and Outbound Monthly Price Indexes for Services ------------------------------------------------------------------- Import and Export Price Index data for September are scheduled for release on October 14 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Aug. April May June July END Description 2003 2004 2004 2004 2004 USE July July August to to to to to 2004 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES.......................................... 100.000 102.0 103.7 7.2 1.5 -0.2 0.3 1.7 ALL IMPORTS EXCLUDING PETROLEUM.......................... 86.281 99.7 100.1 3.2 0.2 0.1 0.0 0.4 ALL IMPORTS EXCLUDING FUELS (200112=100)...................................... 84.560 102.8 103.2 2.8 0.2 -0.2 0.1 0.4 0 FOODS, FEEDS, & BEVERAGES.............................. 4.576 107.2 107.3 5.9 -0.4 0.0 0.4 0.1 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.362 114.1 113.8 5.8 -0.2 0.3 -0.2 -0.3 01 Nonagricultural foods (fish, distilled beverages) 1.214 91.6 92.6 5.9 -1.2 -0.6 1.7 1.1 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 30.061 120.5 127.1 26.5 5.1 -0.3 1.0 5.5 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 16.342 112.7 114.9 16.3 1.8 0.4 0.2 2.0 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (200112=100).................. 14.621 120.5 122.9 15.2 1.5 -0.5 0.5 2.0 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 9.030 112.9 116.0 21.6 2.2 -1.3 0.1 2.7 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.312 112.4 113.7 10.5 1.2 2.6 0.4 1.2 10 Fuels & lubricants............................... 15.441 132.7 144.4 38.6 8.6 -0.1 1.4 8.8 100 Petroleum & petroleum products............... 13.720 132.2 144.9 40.4 9.4 -1.2 2.0 9.6 10000 Crude................................ 10.117 133.5 146.5 39.0 7.8 -1.8 3.8 9.7 11 Paper & paper base stocks........................ 1.081 100.1 100.2 5.8 1.4 0.8 1.1 0.1 12 Materials associated with nondurable supplies & materials...................... 4.636 107.3 108.5 6.1 0.3 0.6 1.2 1.1 13 Selected building materials...................... 2.256 117.5 123.9 20.6 2.8 -2.5 -2.5 5.4 14 Unfinished metals related to durable goods....... 3.602 126.3 129.5 39.4 3.7 -1.3 1.4 2.5 15 Finished metals related to durable goods......... 1.462 109.2 111.3 12.5 0.6 0.1 1.0 1.9 16 Nonmetals related to durable goods............... 1.584 98.6 98.8 1.5 -0.2 -0.3 -0.2 0.2 2 CAPITAL GOODS.......................................... 22.858 92.2 92.2 -1.5 0.0 -0.4 0.0 0.0 20 Electric generating equipment.................... 2.803 97.5 97.8 1.2 -0.1 -0.1 0.5 0.3 21 Nonelectrical machinery.......................... 17.823 90.0 90.0 -2.3 -0.1 -0.4 -0.1 0.0 22 Transportation equipment excluding motor vehicles (200112=100)............... 2.232 103.8 103.8 1.7 0.0 0.1 -0.2 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 17.124 102.2 102.2 1.6 0.0 0.2 0.0 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 25.381 98.5 98.5 0.6 -0.1 -0.1 0.1 0.0 40 Nondurables, manufactured........................ 12.425 101.1 101.1 1.3 -0.1 -0.1 0.2 0.0 41 Durables, manufactured........................... 11.694 95.9 95.9 -0.3 -0.3 0.1 -0.2 0.0 42 Nonmanufactured consumer goods................... 1.262 97.4 97.9 2.4 0.9 -0.5 0.6 0.5 1 Relative importance figures are based on 2002 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Aug. April May June July END Description 2003 2004 2004 2004 2004 USE July July August to to to to to 2004 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 103.8 103.3 3.9 0.4 -0.8 0.5 -0.5 AGRICULTURAL COMMODITIES.................................... 9.538 126.1 115.4 6.1 0.5 -4.7 -1.0 -8.5 NONAGRICULTURAL COMMODITIES................................. 90.462 102.1 102.5 3.9 0.3 -0.2 0.6 0.4 0 FOODS, FEEDS, & BEVERAGES................................. 8.783 128.2 116.6 6.6 0.6 -4.7 -0.8 -9.0 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 8.038 129.9 117.0 6.8 0.7 -5.0 -0.9 -9.9 01 Nonagricultural foods (fish, distilled beverages)... 0.745 111.6 112.0 2.3 -0.6 -1.2 0.2 0.4 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 26.784 111.6 112.5 12.5 1.0 -0.4 1.6 0.8 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 10.240 114.4 114.8 14.9 0.4 -0.6 2.3 0.3 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 16.543 110.1 111.2 10.8 1.5 -0.4 1.3 1.0 10 Agricultural industrial supplies & materials........ 1.500 108.7 108.0 2.4 -1.0 -2.6 -1.8 -0.6 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 25.284 111.9 112.8 13.1 1.2 -0.3 1.9 0.8 11 Fuels & lubricants.................................. 2.881 117.8 119.5 19.0 7.2 -2.9 3.2 1.4 12 Nonagricultural supplies & materials excluding fuels & building materials......... 21.216 112.0 112.8 12.7 0.5 0.1 1.8 0.7 13 Selected building materials......................... 1.187 102.9 103.5 5.6 0.5 -0.5 -0.5 0.6 2 CAPITAL GOODS............................................. 40.986 97.9 98.0 0.3 0.0 -0.3 0.1 0.1 20 Electrical generating equipment..................... 3.973 102.1 102.2 0.6 0.0 0.3 0.1 0.1 21 Nonelectrical machinery............................. 29.421 94.1 94.2 -0.3 0.0 -0.5 0.0 0.1 22 Transportation equipment excluding motor vehicles (200112=100).................. 7.592 107.7 108.0 3.1 0.0 0.3 0.5 0.3 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 11.439 102.5 102.6 0.8 0.1 0.1 0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 11.962 100.9 101.1 1.7 0.1 -0.1 0.5 0.2 40 Nondurables, manufactured........................... 5.873 100.8 101.0 2.3 0.0 -0.2 0.9 0.2 41 Durables, manufactured.............................. 5.351 100.9 101.1 1.2 0.1 0.1 0.2 0.2 42 Nonmanufactured consumer goods (200112=100)......... 0.738 100.8 101.2 0.8 -0.3 0.3 -0.1 0.4 1 Relative importance figures are based on 2002 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Aug. April May June July SITC Description 2003 2004 2004 2004 2004 Rev. 3 July July August to to to to to 2004 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 102.0 103.7 7.2 1.5 -0.2 0.3 1.7 0 FOOD AND LIVE ANIMALS..................................... 3.635 107.4 107.6 8.1 -0.3 0.7 0.6 0.2 01 Meat and meat preparations.......................... 0.453 133.7 133.9 23.8 2.2 3.5 3.8 0.1 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.883 86.1 87.5 6.3 -1.2 0.0 2.4 1.6 05 Vegetables, fruit and nuts, fresh or dried.......... 0.833 102.3 101.4 -3.9 -3.1 -0.2 -3.4 -0.9 07 Coffee, tea, cocoa, spices and manufactures thereof. 0.414 102.7 102.9 6.5 -1.2 4.6 -4.1 0.2 2/ Other food and live animals............................... 1.053 127.1 126.8 14.9 2.1 -0.6 3.0 -0.2 1 BEVERAGES AND TOBACCO..................................... 0.924 105.3 105.5 1.4 0.1 -0.1 0.0 0.2 11 Beverages........................................... 0.814 105.7 105.9 1.9 0.2 -0.1 0.1 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 2.165 125.6 134.0 33.3 3.6 -1.2 -0.2 6.7 24 Cork and wood....................................... 0.869 132.1 149.0 50.1 8.8 -2.1 -2.9 12.8 25 Woodpulp and recovered paper........................ 0.273 108.0 107.6 17.1 2.6 3.0 1.4 -0.4 28 Metalliferous ores and metal scrap.................. 0.389 144.4 160.1 55.6 -3.2 -2.2 2.8 10.9 29 Crude animal and vegetable materials, n.e.s......... 0.227 101.2 97.6 0.8 2.8 -4.0 3.3 -3.6 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 15.103 133.5 145.1 36.2 8.7 -0.1 1.5 8.7 33 Petroleum, petroleum products and related materials. 13.298 132.7 145.3 37.6 9.3 -1.1 2.1 9.5 34 Gas, natural and manufactured....................... 1.805 134.8 139.2 27.9 5.0 8.3 -3.9 3.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 7.761 105.3 105.9 6.8 0.0 0.3 1.4 0.6 51 Organic chemicals................................... 2.611 101.2 101.9 5.8 -0.2 0.7 1.3 0.7 52 Inorganic chemicals................................. 0.634 125.5 127.4 20.2 1.4 1.9 4.8 1.5 53 Dyeing, tanning and coloring materials.............. 0.206 101.2 101.5 3.3 0.2 0.2 0.2 0.3 54 Medicinal and pharmaceutical products............... 2.269 107.7 107.7 5.1 -0.4 -0.2 0.6 0.0 55 Essential oils; polishing and cleansing preps....... 0.329 93.6 93.6 2.0 -0.1 0.1 0.1 0.0 57 Plastics in primary forms........................... 0.611 108.3 108.2 4.9 0.3 -1.1 3.5 -0.1 58 Plastics in nonprimary forms........................ 0.372 102.8 103.0 1.6 0.0 -0.6 0.5 0.2 59 Chemical materials and products, n.e.s.............. 0.530 96.0 96.4 4.9 -0.3 0.1 0.8 0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 12.109 106.1 107.5 12.7 1.2 -0.7 0.0 1.3 62 Rubber manufactures, n.e.s.......................... 0.657 100.6 100.8 2.3 0.1 0.5 0.1 0.2 63 Cork and wood manufactures other than furniture..... 0.808 112.0 114.4 7.1 -1.0 -7.1 -5.6 2.1 64 Paper and paperboard, cut to size................... 1.251 96.4 96.6 1.8 0.7 0.0 0.9 0.2 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod........... 1.434 103.9 104.1 3.0 -0.3 0.2 0.0 0.2 66 Nonmetallic mineral manufactures, n.e.s............. 2.164 99.5 100.4 2.7 0.1 0.0 0.1 0.9 67 Iron and steel...................................... 1.850 146.0 150.1 48.2 8.7 2.5 1.0 2.8 68 Nonferrous metals................................... 1.834 102.3 105.1 32.9 0.3 -4.2 0.7 2.7 69 Manufactures of metals, n.e.s....................... 2.006 102.7 103.3 5.0 0.1 0.0 0.3 0.6 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 41.024 95.0 94.9 -0.7 0.0 -0.1 -0.1 -0.1 71 Power generating machinery and equipment............ 2.893 101.4 101.4 1.4 -0.1 -0.1 -0.1 0.0 72 Machinery specialized for particular industries..... 1.627 107.2 107.7 5.1 0.2 -0.2 0.7 0.5 73 Metalworking machinery.............................. 0.446 107.0 107.6 3.1 -0.6 0.3 0.7 0.6 74 General industrial machinery, equipment, & machine parts, n.e.s............ 3.124 104.1 104.3 3.9 0.1 -0.1 0.6 0.2 75 Computer equipment and office machines.............. 5.536 74.9 74.4 -7.7 -0.1 -1.3 -0.7 -0.7 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 4.977 84.4 84.1 -5.3 0.0 -0.2 -0.4 -0.4 77 Electrical machinery and equipment.................. 6.643 94.6 94.7 -1.4 -0.1 -0.1 -0.1 0.1 78 Road vehicles....................................... 14.258 102.5 102.5 1.8 0.1 0.1 0.1 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 16.840 100.0 100.1 0.5 -0.2 0.0 0.1 0.1 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s................... 0.445 93.5 93.5 -1.4 0.0 0.0 0.0 0.0 82 Furniture and parts thereof......................... 1.860 102.2 102.2 1.8 0.3 0.0 -0.1 0.0 83 Travel goods, handbags and similar containers....... 0.382 103.4 103.4 1.7 0.0 -0.1 0.0 0.0 84 Articles of apparel and clothing accessories........ 5.379 100.8 100.8 0.2 0.0 0.0 0.1 0.0 85 Footwear............................................ 1.300 100.4 100.3 0.5 0.0 -0.2 0.0 -0.1 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 1.771 99.9 99.7 0.2 0.0 0.0 0.3 -0.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.950 98.1 98.1 -1.5 -0.1 -0.3 -0.9 0.0 89 Miscellaneous manufactured articles, n.e.s.......... 4.754 98.7 98.9 0.7 -0.9 0.4 0.2 0.2 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Aug. April May June July SITC Description 2003 2004 2004 2004 2004 Rev. 3 July July August to to to to to 2004 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 103.8 103.3 3.9 0.4 -0.8 0.5 -0.5 0 FOOD AND LIVE ANIMALS..................................... 6.807 120.4 117.1 8.8 0.5 -2.1 -2.9 -2.7 01 Meat and meat preparations.......................... 1.287 124.1 126.2 15.9 0.1 -0.3 -2.5 1.7 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.518 110.2 110.6 1.9 0.3 -0.5 0.4 0.4 04 Cereals and cereal preparations..................... 1.890 128.0 120.5 4.1 -1.2 -3.3 -9.3 -5.9 05 Vegetables, fruit and nuts, fresh or dried.......... 1.316 110.1 114.1 14.4 3.5 -1.9 -0.9 3.6 08 Feeding stuff for animals (not including unmilled cereals).................. 0.809 140.1 116.4 9.8 0.8 -6.1 6.3 -16.9 09 Miscellaneous edible products and preparations...... 0.461 101.6 101.5 0.5 -0.1 -0.1 0.0 -0.1 2/ Other food and live animals............................... 0.525 111.8 109.6 6.7 0.8 0.6 -2.3 -2.0 1 BEVERAGES AND TOBACCO..................................... 0.701 101.9 102.0 4.2 -0.1 -0.2 0.3 0.1 12 Tobacco and tobacco manufactures.................... 0.450 100.3 100.3 4.3 0.0 -0.3 0.4 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 5.610 129.6 115.3 12.7 -0.2 -5.2 3.2 -11.0 22 Oil seeds and oleaginous fruits..................... 1.570 184.5 117.4 7.5 1.0 -15.3 9.5 -36.4 24 Cork and wood....................................... 0.550 99.0 99.1 9.0 0.6 0.1 0.7 0.1 25 Woodpulp and recovered paper........................ 0.675 100.1 99.5 16.6 1.6 0.4 -0.7 -0.6 26 Textile fibers and their waste...................... 0.541 102.9 101.5 -5.1 -0.9 -5.4 -5.3 -1.4 28 Metalliferous ores and metal scrap.................. 1.262 176.1 169.7 44.1 -3.2 -1.6 4.9 -3.6 2/ Other crude materials, inedible, except fuels............. 1.011 111.0 112.2 3.1 0.6 0.9 0.8 1.1 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 2.385 136.5 139.4 21.3 9.7 -3.6 4.8 2.1 33 Petroleum, petroleum products and related materials. 1.718 133.2 136.1 20.4 12.7 -5.4 4.3 2.2 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 13.549 107.0 108.2 8.2 0.1 0.2 1.1 1.1 51 Organic chemicals................................... 3.090 115.5 117.8 18.4 0.6 0.8 0.8 2.0 52 Inorganic chemicals................................. 0.800 98.0 98.9 0.1 -1.4 0.5 -0.5 0.9 53 Dyeing, tanning and coloring materials.............. 0.582 98.2 98.8 0.0 0.4 0.3 0.2 0.6 54 Medicinal and pharmaceutical products............... 2.498 107.8 108.0 2.4 0.0 0.1 1.9 0.2 55 Essential oils; polishing and cleansing preps....... 0.947 104.1 104.1 6.7 0.3 -0.1 -0.2 0.0 56 Fertilizers......................................... 0.457 139.1 140.6 15.8 -2.0 -1.9 1.2 1.1 57 Plastics in primary forms........................... 2.343 106.2 107.4 13.3 0.7 0.3 2.9 1.1 58 Plastics in nonprimary forms........................ 0.877 97.5 97.8 -0.6 -0.2 -0.3 1.1 0.3 59 Chemical materials and products, n.e.s.............. 1.955 104.8 106.8 4.8 0.0 0.0 0.0 1.9 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 10.393 108.6 109.9 9.9 0.9 0.4 1.5 1.2 62 Rubber manufactures, n.e.s.......................... 0.774 111.9 112.1 2.4 -0.1 0.4 0.6 0.2 64 Uncoated Paper/paperboard, and linerboard........... 1.529 101.7 101.9 3.7 0.3 0.3 2.4 0.2 65 Textile yarn, fabrics, and made-up articles, n.e.s.. 1.635 105.7 105.7 3.0 -0.1 1.3 0.3 0.0 66 Nonmetallic mineral manufactures, n.e.s............. 1.471 100.1 100.3 0.1 -0.2 0.5 0.1 0.2 67 Iron and steel...................................... 1.260 154.4 165.1 56.6 7.0 2.0 6.2 6.9 68 Nonferrous metals................................... 1.095 95.5 96.9 19.8 -0.5 -2.3 0.1 1.5 69 Manufactures of metals, n.e.s....................... 2.196 110.9 111.5 6.7 1.4 0.6 2.3 0.5 2/ Other manufactured goods classified chiefly by material (200112=100)................... 0.432 113.3 115.8 6.1 0.2 -3.0 -4.1 2.2 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 48.392 98.3 98.4 0.4 0.0 -0.2 0.1 0.1 71 Power generating machinery and equipment............ 4.877 108.9 109.0 1.5 0.0 0.1 0.1 0.1 72 Machinery specialized for particular industries..... 3.708 105.7 105.9 2.6 0.3 0.0 0.3 0.2 73 Metalworking machinery.............................. 0.630 100.5 100.6 -0.4 0.0 -0.1 -0.1 0.1 74 General industrial machinery, equipment, & parts, n.e.s.................... 4.729 105.3 105.4 2.8 0.3 0.1 0.4 0.1 75 Computer equipment and office machines.............. 5.445 86.4 86.3 -1.9 -0.2 -1.8 -0.7 -0.1 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 3.388 91.6 91.6 -1.9 -0.2 -0.1 -0.3 0.0 77 Electrical machinery and equipment.................. 11.224 88.4 88.5 -1.4 0.1 -0.3 0.1 0.1 78 Road vehicles....................................... 8.784 102.5 102.7 1.4 0.0 0.1 0.1 0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 11.152 101.0 101.2 0.4 0.0 -0.1 0.1 0.2 82 Furniture and parts thereof......................... 0.635 102.6 102.9 0.8 0.1 -0.2 0.3 0.3 84 Articles of apparel and clothing accessories........ 0.861 96.9 97.0 0.2 0.0 0.0 0.0 0.1 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 4.217 101.8 101.9 -0.4 -0.1 -0.1 -0.2 0.1 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.954 95.3 96.0 1.5 0.1 -0.2 0.8 0.7 89 Miscellaneous manufactured articles, n.e.s.......... 4.098 102.0 102.2 0.7 0.0 -0.2 0.4 0.2 2/ Other miscellaneous manufactured articles................. 0.387 107.7 108.0 3.4 0.0 1.2 0.1 0.3 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Aug. April May June July nized Description 2003 2004 2004 2004 2004 System July July August to to to to to 2004 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.623 112.6 113.2 17.9 1.7 1.0 4.5 0.5 02 Meat and edible meat offal.......................... 0.411 137.2 137.7 25.9 2.4 4.2 4.9 0.4 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.695 85.1 86.2 4.4 -1.9 -0.2 2.3 1.3 2/ Other live animals; animal products................. 0.517 162.6 162.4 33.9 6.7 0.3 7.1 -0.1 II VEGETABLE PRODUCTS........................................ 1.103 99.0 97.2 -2.7 -1.5 0.1 -3.9 -1.8 07 Edible vegetables, roots, and tubers................ 0.230 100.0 95.2 -14.5 -7.8 2.1 -12.1 -4.8 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.346 96.4 98.3 0.2 -0.2 -1.5 0.1 2.0 09 Coffee, tea, mate and spices........................ 0.215 87.6 86.9 4.7 -1.2 7.9 -8.4 -0.8 2/ Other vegetable products............................ 0.311 109.2 104.3 -0.8 2.3 -5.0 2.3 -4.5 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.151 109.5 110.1 4.1 0.1 -0.1 0.6 0.5 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.240 101.3 101.9 1.8 -0.1 -0.5 0.4 0.6 22 Beverages, spirits, and vinegar..................... 0.824 103.7 103.9 1.4 0.2 -0.1 0.1 0.2 2/ Other prepared foodstuffs........................... 1.087 116.7 117.5 6.7 0.1 0.0 1.1 0.7 V MINERAL PRODUCTS.......................................... 15.488 133.0 144.1 37.0 8.3 0.1 1.6 8.3 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 15.169 132.1 143.4 37.6 8.5 0.1 1.5 8.6 2/ Other mineral products (200112=100)................. 0.319 110.2 110.3 9.0 0.2 0.4 0.5 0.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.088 105.3 106.0 7.4 0.0 0.6 1.5 0.7 28 Inorganic chemicals................................. 0.707 123.9 127.1 22.1 1.7 2.1 5.4 2.6 29 Organic chemicals................................... 2.898 101.8 102.4 6.3 -0.2 0.8 1.6 0.6 30 Pharmaceutical products............................. 1.952 107.5 107.5 5.4 -0.3 -0.3 0.6 0.0 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.204 98.9 99.2 1.6 0.3 0.3 0.4 0.3 33 Essential oils and resinoids (200112=100)........... 0.286 105.1 105.1 1.9 -0.3 0.0 0.0 0.0 37 Photographic or cinematographic goods............... 0.173 96.8 96.8 -0.5 0.0 0.0 -0.5 0.0 38 Miscellaneous chemical products..................... 0.393 92.5 93.0 -0.6 0.0 0.0 0.3 0.5 2/ Other products of the chemical or allied industries. 0.476 117.9 121.2 18.0 0.8 1.5 3.0 2.8 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.753 106.9 107.0 3.7 0.0 -0.3 0.9 0.1 39 Plastics and articles thereof....................... 1.830 106.3 106.4 3.3 0.0 -0.6 1.4 0.1 40 Rubber and articles thereof......................... 0.923 108.3 108.4 4.4 0.0 0.4 0.2 0.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.719 101.4 101.4 1.6 0.1 0.0 -0.1 0.0 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.609 101.8 101.8 1.0 0.0 -0.1 0.0 0.0 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.724 124.5 133.0 25.7 3.3 -3.7 -3.9 6.8 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.850 99.0 99.2 3.4 0.6 0.5 0.8 0.2 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard............. 0.271 107.6 107.1 16.3 2.5 3.0 1.5 -0.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.264 95.5 95.7 1.8 0.6 0.0 0.8 0.2 49 Printed matter...................................... 0.315 112.5 112.8 0.2 -0.4 0.0 0.3 0.3 XI TEXTILE AND TEXTILE ARTICLES.............................. 6.354 100.4 100.6 0.8 0.0 0.0 0.1 0.2 61 Articles of apparel and clothing accessories, knitted or crocheted............ 2.358 100.1 100.1 0.0 0.0 0.0 0.4 0.0 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.567 100.0 99.9 0.1 0.0 -0.1 0.0 -0.1 63 Made-up or worn textile articles.................... 0.459 94.2 94.0 0.1 -0.2 0.1 -0.1 -0.2 2/ Other textile & textile articles.................... 0.970 105.6 106.6 4.8 0.1 0.3 0.2 0.9 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.520 99.8 99.7 0.3 -0.1 -0.1 0.0 -0.1 64 Footwear and parts of such articles................ 1.292 100.2 100.0 0.2 0.0 -0.2 0.0 -0.2 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc...................... 0.228 97.3 97.4 0.2 -0.1 -0.1 0.1 0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 1.021 103.8 103.9 1.6 -0.3 -0.1 0.0 0.1 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)............... 0.311 99.2 99.2 -1.2 -0.1 -0.1 0.2 0.0 69 Ceramic products.................................... 0.351 107.8 107.8 4.5 -0.3 0.3 -0.3 0.0 70 Glass and glassware................................. 0.359 103.5 103.7 1.1 -0.5 -0.3 0.1 0.2 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.391 94.0 95.2 9.0 -1.2 -1.1 0.5 1.3 XV BASE METALS AND ARTICLES OF BASE METAL.................... 5.600 120.0 123.4 26.7 3.4 -0.8 0.9 2.8 72 Iron and steel...................................... 1.601 156.9 165.0 57.9 10.8 -0.6 1.0 5.2 73 Articles of iron or steel........................... 1.379 110.8 113.0 15.7 1.3 0.7 1.7 2.0 74 Copper and articles thereof......................... 0.465 122.2 124.6 28.1 -1.9 -3.6 2.7 2.0 76 Aluminum and articles thereof....................... 0.838 107.7 109.5 13.1 1.4 -1.5 -2.5 1.7 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.407 103.7 103.7 5.4 0.0 0.1 0.2 0.0 83 Miscellaneous articles of base metal................ 0.455 107.3 108.0 6.1 0.2 0.2 0.2 0.7 2/ Miscellaneous nonferrous metals and articles, including scrap..................... 0.454 108.2 112.8 49.0 0.9 -3.6 4.9 4.3 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 24.954 90.5 90.4 -2.4 -0.1 -0.4 -0.2 -0.1 84 Machinery and mechanical appliances; parts thereof.. 12.919 90.8 90.6 -1.8 0.0 -0.7 -0.1 -0.2 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 12.035 90.3 90.2 -2.9 -0.1 -0.1 -0.3 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 15.898 102.9 102.9 1.9 0.1 0.2 0.1 0.0 87 Motor vehicles and their parts...................... 14.460 102.4 102.4 1.7 0.1 0.1 0.1 0.0 88 Aircraft, spacecraft, and parts thereof (200212=100)......................... 1.315 102.6 102.6 1.5 0.1 0.1 0.1 0.0 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.297 99.0 99.0 -0.4 -0.4 -0.1 -0.1 0.0 90 Optical, photographic, measuring and medical instruments.......................... 2.907 98.0 98.0 -0.7 -0.4 -0.1 -0.3 0.0 91 Clocks and watches and parts thereof................ 0.279 107.5 107.6 1.5 -0.5 0.5 0.6 0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 4.249 97.5 97.6 -0.1 0.2 0.0 0.1 0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.268 99.6 99.7 1.3 0.1 0.1 -0.2 0.1 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.743 94.8 95.1 -2.1 0.2 0.1 0.2 0.3 96 Miscellaneous manufactured articles................. 0.238 98.2 98.3 2.1 0.1 0.0 -0.1 0.1 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Aug. April May June July nized Description 2003 2004 2004 2004 2004 System July July August to to to to to 2004 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.930 118.7 118.7 7.8 0.3 -0.7 -2.5 0.0 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.445 107.1 107.4 -1.7 -0.8 -1.4 0.7 0.3 2/ Other live animals and animal products.............. 0.318 114.1 111.1 1.6 3.7 -1.9 -6.1 -2.6 II VEGETABLE PRODUCTS........................................ 4.584 138.2 119.2 8.2 1.0 -7.9 -1.5 -13.7 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.676 107.2 108.6 15.9 1.9 4.0 -1.8 1.3 10 Cereals............................................. 1.621 128.6 120.3 3.7 -1.4 -3.6 -10.3 -6.5 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.739 174.7 117.6 7.6 1.0 -13.9 8.5 -32.7 III ANIMAL OR VEGETABLE FATS AND OILS......................... 0.377 173.1 156.3 9.1 0.9 -8.3 2.7 -9.7 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.789 112.8 107.2 5.4 0.3 -1.9 1.9 -5.0 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.321 106.2 110.5 4.1 -0.3 0.1 0.4 4.0 21 Miscellaneous edible preparations................... 0.419 102.4 102.4 1.6 0.0 0.8 -0.1 0.0 23 Residues and waste from the food industries; prepared animal feed............. 0.753 149.0 118.4 10.3 0.8 -7.5 7.7 -20.5 2/ Other prepared foods................................ 0.846 107.7 108.0 4.9 0.3 0.3 -0.5 0.3 V MINERAL PRODUCTS.......................................... 2.891 132.0 135.0 21.0 6.4 -2.6 2.8 2.3 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 2.343 132.1 135.3 21.7 9.5 -3.7 4.8 2.4 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 10.896 108.6 109.8 8.2 0.1 0.3 0.9 1.1 28 Inorganic chemicals................................. 0.886 101.9 102.3 -0.3 -0.6 0.4 -0.5 0.4 29 Organic chemicals................................... 3.517 116.4 118.8 18.1 0.7 1.0 1.7 2.1 30 Pharmaceutical products............................. 2.039 107.6 107.8 3.6 0.0 0.1 2.0 0.2 31 Fertilizers......................................... 0.438 134.8 136.3 16.2 -2.0 -1.9 1.3 1.1 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.592 98.5 99.4 0.4 0.3 0.4 0.2 0.9 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.685 106.1 106.1 7.7 -0.3 -0.5 -0.1 0.0 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.373 103.7 103.7 3.6 1.1 1.1 -0.6 0.0 37 Photographic or cinematographic goods............... 0.426 98.8 99.3 2.0 -0.3 -0.2 0.3 0.5 38 Miscellaneous chemical products..................... 1.638 104.5 106.1 4.6 -0.2 0.0 0.0 1.5 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.395 107.7 108.4 6.6 0.3 0.4 2.0 0.6 39 Plastics and articles thereof....................... 4.358 105.9 106.6 7.0 0.3 0.2 2.2 0.7 40 Rubber and articles thereof......................... 1.037 113.9 114.5 4.4 0.1 0.9 1.1 0.5 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.508 110.2 111.0 5.5 -1.4 0.5 1.6 0.7 41 Raw hides and skins (other than furskins) and leather........................ 0.457 106.6 107.4 2.7 -1.5 0.2 1.8 0.8 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.835 102.6 103.3 8.5 0.5 -0.5 -1.2 0.7 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.891 99.2 99.3 5.1 0.4 -0.2 1.0 0.1 47 Woodpulp and recovered paper........................ 0.673 96.0 95.2 16.7 1.6 0.3 -0.6 -0.8 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.580 98.4 98.5 2.8 0.2 0.2 2.1 0.1 49 Printed material.................................... 0.638 108.0 108.8 0.7 -0.5 -1.6 0.6 0.7 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.873 97.9 97.7 -0.5 -0.1 -0.6 -0.9 -0.2 52 Cotton, including yarns and woven fabrics thereof... 0.737 92.8 91.8 2.1 -1.0 -2.4 -4.6 -1.1 61 Apparel & clothing knitted or crocheted (200112=100).................... 0.494 95.1 95.4 -0.1 -0.1 0.0 0.1 0.3 62 Apparel Articles & Accessories, not knitted......... 0.375 95.7 95.7 0.4 0.0 0.0 0.0 0.0 2/ Other textile and textile articles (200112=100)..... 1.267 106.4 106.4 -0.4 0.2 0.4 0.5 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.802 99.3 99.4 -0.7 -0.1 0.3 0.3 0.1 70 Glass and glassware................................. 0.483 96.3 96.4 -0.3 -0.2 0.6 0.3 0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.250 101.9 102.6 12.4 -0.5 -2.2 0.3 0.7 XV BASE METALS AND ARTICLES OF BASE METALS................... 5.073 124.4 125.9 24.9 1.3 0.1 4.0 1.2 72 Iron and steel...................................... 1.268 169.3 169.8 61.6 4.0 -1.7 10.7 0.3 73 Articles of iron or steel........................... 1.357 120.0 123.6 18.3 3.3 1.9 4.1 3.0 74 Copper and articles thereof......................... 0.406 122.3 124.5 29.7 -6.8 2.4 -0.3 1.8 76 Aluminum and articles thereof....................... 0.808 107.4 108.9 15.6 1.3 -2.9 0.1 1.4 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.402 101.9 102.4 1.2 0.0 0.3 0.1 0.5 83 Miscellaneous articles of base metal................ 0.463 110.7 110.7 2.3 0.5 0.3 0.6 0.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 33.581 95.0 95.0 -0.3 0.0 -0.4 0.1 0.0 84 Machinery and mechanical appliances; parts thereof.. 18.562 99.9 100.0 0.8 0.0 -0.5 0.0 0.1 85 Electrical machinery and equipment and parts and accessories thereof............ 15.019 89.4 89.5 -1.6 0.1 -0.3 0.0 0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 14.627 106.8 107.1 1.9 0.0 0.2 0.3 0.3 87 Motor vehicles and their parts...................... 9.106 102.5 102.7 1.4 0.0 0.1 0.1 0.2 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.072 101.2 101.4 0.2 0.0 -0.2 0.0 0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.475 99.2 100.0 -0.3 0.0 0.1 0.0 0.8 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.837 103.2 104.6 2.4 0.1 0.2 0.2 1.4 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.490 94.3 94.5 -3.7 0.0 -0.1 -0.4 0.2 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage Aug. April May June July Description of 2003 2004 2004 2004 2004 U.S. July August to to to to to Imports 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 2/ Industrialized Countries............................ 49.276 105.0 106.2 7.7 0.6 0.2 0.3 1.1 Manufactured Goods............................. 45.418 103.0 103.6 5.6 0.1 -0.1 0.2 0.6 Nonmanufactured Goods.......................... 3.591 133.8 142.0 27.9 5.7 2.8 0.7 6.1 3/ Other Countries..................................... 50.724 98.3 100.2 6.6 1.7 -0.5 0.4 1.9 Manufactured Goods............................. 43.453 96.1 96.8 2.0 0.7 -0.1 -0.1 0.7 Nonmanufactured Goods.......................... 7.173 126.3 135.4 29.3 5.7 -2.1 2.5 7.2 Canada.............................................. 17.463 112.2 114.7 10.8 1.0 0.4 0.0 2.2 Manufactured Goods............................. 14.664 108.0 109.6 7.2 0.4 -0.3 -0.2 1.5 Nonmanufactured Goods.......................... 2.611 138.0 144.9 26.1 4.8 3.9 0.1 5.0 4/ European Union...................................... 19.312 108.5 109.4 6.1 0.0 0.2 0.1 0.8 Manufactured Goods............................. 18.793 108.4 109.0 5.5 -0.2 0.2 0.1 0.6 Nonmanufactured Goods.......................... 0.460 134.6 144.7 28.4 5.4 1.4 -0.4 7.5 5/ Latin America....................................... 17.761 110.1 112.8 11.2 1.8 -1.1 1.4 2.5 Manufactured Goods............................. 14.150 110.0 111.1 6.5 0.5 -0.3 0.7 1.0 Nonmanufactured Goods.......................... 3.575 129.9 138.6 26.5 5.9 -3.3 3.2 6.7 Japan............................................... 10.651 95.3 95.4 1.3 0.2 -0.2 0.2 0.1 6/ Asian Newly Industrialized Countries................ 8.019 90.8 90.8 -0.7 0.1 -0.3 0.2 0.0 1 Percentage of trade figures are based on 2002 trade values. 2 Defined according to the BEA definition for Industrialized Countries which includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa. 3 Defined according to the BEA definition for Other Countries, which includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere. 4 Includes European Union countries. 5 Includes Mexico, Central America, South America and the Caribbean. 6 Includes Hong Kong, Singapore, South Korea and Taiwan. NOTES: Data may be revised in each of the three months after original publication. Regions are not mutually exclusive. n.a. Not available Table 8 U.S. Import and Export Quarterly Price Indexes and Percent Changes for Selected Categories of Services June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Quarterly Trade June June Sept. Dec. March Description (Mil. 2003 2003 2003 2003 2004 of March June to to to to to Dollars) 2004 2004 June Sept. Dec. March June 1/ 2004 2003 2003 2004 2004 IMPORT Air Freight....................................... 4168 117.1 117.4 5.3 4.8 -1.6 1.9 0.3 Europe (200312=100)........................ 1407 106.0 107.6 n.a. n.a. n.a. 6.0 1.5 Asia....................................... 2329 110.0 108.6 4.4 10.8 -4.2 -0.4 -1.3 EXPORT Air Freight....................................... 2836 97.1 99.1 4.1 -0.1 0.3 1.8 2.1 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised one quarter after original publication. n.a. Not available Table 9 U.S. Import and Export Monthly Price Indexes and Percent Changes for Selected Categories of Services August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade Aug. April May June July Description (Mil. 2003 2004 2004 2004 2004 of July August to to to to to Dollars) 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 IMPORT Air Passenger Fares............................... 18253 126.6 126.2 -2.7 0.9 9.7 2.8 -0.3 Europe..................................... 11250 121.5 121.1 -7.4 0.9 11.1 1.3 -0.3 Asia....................................... 2626 124.4 125.6 2.3 1.5 17.1 2.1 1.0 Latin America / Caribbean.................. 1916 123.1 122.3 7.4 1.2 1.8 7.5 -0.6 EXPORT Air Passenger Fares............................... 20319 129.6 139.6 9.3 -0.2 0.2 4.7 7.7 Europe..................................... 5394 159.5 158.8 -1.0 -2.0 4.0 5.8 -0.4 Asia....................................... 8936 111.7 136.1 19.4 3.3 -3.3 4.4 21.8 Latin America / Caribbean.................. 3413 136.9 136.2 10.7 -2.6 1.2 4.9 -0.5 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. Inbound and Outbound Quarterly Price Indexes and Percent Changes for Selected Categories of Services June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Quarterly Trade June June Sept. Dec. March Description (Mil. 2003 2003 2003 2003 2004 of March June to to to to to Dollars) 2004 2004 June Sept. Dec. March June 1/ 2004 2003 2003 2004 2004 INBOUND Air Freight....................................... 7483 116.2 116.5 6.5 2.8 0.4 2.9 0.3 Europe (200312=100).......................... 2466 107.0 107.8 n.a. n.a. n.a. 7.0 0.7 Asia......................................... 4180 107.3 106.8 5.7 7.1 -1.0 0.2 -0.5 Ocean Liner Freight............................... 17817 119.1 121.1 4.3 0.1 1.4 1.1 1.7 U.S. East Coast.............................. 6938 114.8 116.0 7.0 -1.3 3.4 3.8 1.0 From Atlantic.......................... 3022 121.6 119.2 13.1 0.0 7.3 7.5 -2.0 From Pacific........................... 2817 110.8 113.5 2.9 0.0 -0.6 1.1 2.4 U.S. West Coast.............................. 10879 122.5 124.9 2.8 1.0 0.2 -0.4 2.0 OUTBOUND Air Freight....................................... 5193 96.1 98.9 3.7 0.1 -0.6 1.3 2.9 Europe (200312=100).......................... 1998 101.8 106.6 n.a. n.a. n.a. 1.8 4.7 Asia......................................... 2365 96.0 97.6 2.4 0.4 -0.3 0.6 1.7 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised one quarter after original publication. n.a. Not available Table 11 U.S. Inbound and Outbound Monthly Price Indexes and Percent Changes for Selected Categories of Services August 2003-August 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade Aug. April May June July Description (Mil. 2003 2004 2004 2004 2004 of July August to to to to to Dollars) 2004 2004 Aug. May June July Aug. 1/ 2004 2004 2004 2004 2004 INBOUND Air Passenger Fares (200312=100).................. 38589 112.7 117.0 n.a. -0.6 1.3 6.2 3.8 Europe (200312=100).......................... 15654 115.9 116.6 n.a. -2.8 4.4 6.6 0.6 Asia (200312=100)............................ 12401 113.0 126.6 n.a. 3.3 -1.9 6.8 12.0 Latin America / Caribbean (200312=100)....... 5604 107.8 106.5 n.a. -1.8 1.3 5.6 -1.2 Canada (200312=100).......................... 2905 105.7 105.8 n.a. -1.8 0.7 3.0 0.1 Crude Oil Tanker Freight.......................... 3434 n.a. n.a. n.a. -5.8 -8.9 n.a. n.a. OUTBOUND Air Passenger Fares (200312=100).................. 43898 118.3 117.7 n.a. 0.2 7.0 3.6 -0.5 Europe (200312=100).......................... 21857 127.1 126.6 n.a. 0.8 9.8 1.7 -0.4 Asia (200312=100)............................ 7190 117.4 118.3 n.a. 0.6 8.0 8.6 0.8 Latin America / Caribbean (200312=100)....... 9206 104.9 104.0 n.a. -0.5 1.9 3.8 -0.9 Canada (200312=100).......................... 2982 108.2 109.3 n.a. 4.4 -0.6 0.8 1.0 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with a two-year lag in the weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and International (which represent transactions inbound to and outbound from the U.S.). Published series use a base year of 2000=100 where possible. More detailed index series and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101. Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin using a nomenclature based upon the North American Industry Classification System (NAICS). Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Services Price Indexes -- The Air Passenger Fares Indexes are calculated from data collected from a commercial airline reservation system. These data exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from companies. The trade dollar figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Fact sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation". Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the three months after original publication and quarterly data may be revised one quarter after original publication. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 691-7101 Fax Number: (202) 691-7195 IPP data are also available on the IPP home page (http://www.bls.gov/mxp). To access data using Anonymous FTP, use the Internet address (ftp://ftp.bls.gov). For technical assistance in using the BLS Internet site, send e-mail to (labstat.helpdesk@bls.gov). For IPP data requests, send e-mail to (mxpinfo@bls.gov). 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