U.S. Import and Export Price Indexes News Release


Transmission of material in this release is embargoed until					USDL-12-0449
8:30 a.m. (EDT) Wednesday, March 14, 2012

Technical information: (202) 691-7101 * MXPinfo@bls.gov * www.bls.gov/mxp
Media contact:	       (202) 691-5902 * PressOffice@bls.gov


			     U.S. IMPORT AND EXPORT PRICE INDEXES FEBRUARY 2012

U.S. import prices increased 0.4 percent in February, the U.S. Bureau of Labor Statistics reported today, as 
higher fuel prices more than offset declining nonfuel prices. The price index for imports was unchanged in 
the two previous months. U.S. export prices also rose 0.4 percent in February after a 0.2 percent advance in 
January.


Imports
 	
All Imports: The 0.4 percent February increase marked only the second time that import prices have 
recorded a monthly advance greater than 0.1 percent since the index rose 2.6 percent in April 2011. Prices 
for overall imports increased 5.5 percent over the past 12 months, the smallest year-over-year rise since the 
index advanced 5.3 percent between December 2009 and December 2010.     

Fuel Imports: The price index for import fuel increased 1.4 percent in February after remaining unchanged 
in January and falling 0.5 percent in December. Fuel prices advanced 15.2 percent for the year ended in 
February. Both the monthly and 12-month rise in fuel prices were driven by higher petroleum prices which 
advanced 1.8 percent in February and 18.4 percent over the past 12 months. In contrast, natural gas prices 
fell for the third consecutive month, declining a further 10.1 percent in February after recording decreases of 
6.8 percent and 4.0 percent the two previous months. Prices for natural gas fell 36.5 percent over the past 
year, the largest 12-month drop in the index since a 49.1 percent decrease in October 2009.     

All Imports Excluding Fuel: Nonfuel import prices edged down 0.1 percent in February after ticking up 
0.1 percent in January. In February, a 3.0 percent drop in food prices and a 0.1 percent decline in capital 
goods prices more than offset higher prices for nonfuel industrial supplies and materials. The price index for 
nonfuel imports rose 2.3 percent for the year ended in February.          

Table A. Percent changes

Month IMPORTS EXPORTS
All
imports
Fuel
imports
Nonfuel
imports
All
exports
Agri-
cultural
exports
Non-
agricultural
exports

2011

February

1.7 5.6 0.5 1.3 4.6 1.0

March

3.0 9.7 0.8 1.5 2.2 1.4

April

2.6 7.6 0.8 0.8 -0.5 0.9

May

0.1 -0.6 0.3 0.4 -1.1 0.5

June

-0.6 -2.3 0.0 0.1 0.8 0.2

July

0.1 0.1 0.2 -0.4 -4.0 0.1

August

-0.4 -2.1 0.2 0.4 1.6 0.3

September

-0.1 -1.0 0.2 0.5 1.9 0.3

October

-0.4 -0.6 -0.2 -2.0 -6.5 -1.4

November

0.7 (r)3.4 -0.2 0.1 1.7 (r)-0.2

December

(r)0.0 (r)-0.5 0.2 -0.5 (r)-2.3 -0.2

2012

January

(r)0.0 (r)0.0 0.1 0.2 1.1 0.0

February

0.4 1.4 -0.1 0.4 -0.9 0.5

Feb. 2010 to 2011

7.6 21.1 3.8 8.7 33.6 6.3

Feb. 2011 to 2012

5.5 15.2 2.3 1.5 -6.2 2.6

Footnotes
(r) Revised

Exports

All Exports: The 0.4 percent advance in export prices in February marked the largest monthly increase since 
a 0.5 percent rise in September. Higher nonagricultural prices more than offset a decline in the price index 
for agricultural exports. Despite recording the largest monthly increase in five months, overall export prices 
rose only 1.5 percent over the past 12 months, the smallest year-over-year advance since a 0.4 percent rise 
for the November 2008-09 period.   

Agricultural Exports: Agricultural prices fell 0.9 percent in February after rising 1.1 percent the previous 
month. The decline was led by lower prices for fruits, cotton, and vegetables, down 6.8 percent, 7.1 percent, 
and 6.5 percent, respectively. Corn and soybean prices, which had driven the increase in agricultural prices in 
January recorded little movement in February. Prices for corn edged down 0.2 percent for the month, while 
soybeans prices rose 0.4 percent. Overall agricultural prices decreased 6.2 percent over the past year.       

All Exports Excluding Agriculture: In contrast, prices for nonagricultural exports increased 0.5 percent in 
February after recording no change in January. Higher prices for nonagricultural industrial supplies and 
materials and each of the major finished goods areas contributed to the increase. The price index for 
nonagricultural exports advanced 2.6 percent over the past 12 months.     
		

					SELECTED FEBRUARY HIGHLIGHTS

Import Prices

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 1.1 
percent in February following a 0.9 percent decline the previous month. A turnaround in metals prices led 
the increase in February after contributing to the decline in January. In February, unfinished metals prices 
advanced 2.3 percent while finished metals prices rose 1.6 percent.           

Finished Goods: Finished goods prices recorded little change overall in February. Prices for capital goods 
edged down 0.1 percent, driven by a 1.2 percent drop in the price index for oil drilling, mining, and 
construction machinery. Automotive vehicles prices and prices for consumer goods were unchanged.         
 
Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages fell 3.0 percent in February after 
rising 2.3 percent in January. The decline was led by a 25.5 percent drop in vegetable prices, which followed 
a 13.8 percent increase the previous month. The price indexes for coffee, food oils, and fish also recorded 
decreases in February.    

Imports by Locality of Origin: Import prices from China ticked up 0.1 percent in February following a 0.3 
percent increase the previous month. Prices for imports from China have not recorded a monthly decline 
since June 2010, and advanced 5.1 percent from June 2010 to February 2012. Import prices from Canada 
and Japan also rose in February, increasing 0.7 percent and 0.2 percent, respectively. In contrast, the price 
index for imports from Mexico fell 0.6 percent while prices of imports from the European Union edged 
down 0.1 percent.      

Transportation Services: Import air passenger fares rose for the third consecutive month in February, 
advancing 0.3 percent after a 0.2 percent rise in January and a 1.6 percent increase in December. The 
February advance was primarily driven by a 1.3 percent increase in Asian fares. In contrast, import air freight 
prices fell for the sixth consecutive month in February, declining a further 1.2 percent.    

Export Prices
 
Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 
prices advanced 1.2 percent in February following a 0.4 percent decline in January. Higher prices for 
nonferrous metals, chemicals, and steelmaking materials -- up 4.4 percent, 0.9 percent, and 7.0 percent, 
respectively -- all contributed to the February increase in the price index for nonagricultural industrial 
supplies and materials.      
  
Finished Goods: Each of the major finished goods categories increased for the second consecutive month in 
February. Capital goods prices rose 0.2 percent following a 0.3 percent advance in January, driven by a 1.0 
percent increase in prices for transportation equipment, excluding motor vehicles. The price index for 
consumer goods advanced 0.3 percent for the second consecutive month, and prices for automotive vehicles 
rose 0.2 percent in February following a 0.2 percent increase the previous month.                

Transportation Services: Export air passenger fares dropped 11.2 percent in February after rising 2.3 
percent and 3.8 percent, respectively, in each of the two previous months. The decrease in February was 
primarily led by a 17.8 percent drop in Asian fares and an 11.4 percent decline in Latin American/Caribbean 
fares. Export air freight prices increased 0.3 percent in February after a 1.6 percent advance in January.
		
Import and Export Price Index data for March 2012 are scheduled for release on Wednesday, April 
11, 2012 at 8:30 a.m. (EDT).

Table 1. U.S. import price indexes and percent changes for selected categories of goods: February 2011 to February 2012
[2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

All commodities

  100.000 142.2 142.7 5.5 0.7 0.0 0.0 0.4

All imports excluding food and fuels (Dec. 2010=100)

  70.454 103.2 103.5 2.4 -0.2 0.2 -0.2 0.3

All imports excluding petroleum

  76.732 116.4 116.2 1.6 -0.3 0.1 0.0 -0.2

All imports excluding fuels (Dec. 2001=100)

  75.640 120.6 120.5 2.3 -0.2 0.2 0.1 -0.1

Foods, feeds, & beverages

0

5.186 176.4 171.1 2.0 -0.2 -0.5 2.3 -3.0

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.025 198.9 191.8 1.5 0.1 -0.5 2.5 -3.6

Nonagricultural foods (fish, distilled beverages)

01

1.161 125.5 124.3 4.0 -1.2 -0.3 1.5 -1.0

Industrial supplies & materials

1

37.378 262.5 265.8 11.0 1.7 -0.4 -0.3 1.3

Industrial supplies & materials excluding petroleum

  14.110 165.7 166.3 -0.5 -1.3 -0.5 -1.3 0.4

Industrial supplies & materials excluding fuels (Dec. 2001=100)

  13.018 188.2 190.2 3.3 -1.7 -0.2 -0.9 1.1

Industrial supplies & materials, durable

  7.756 178.3 180.9 2.1 -2.5 0.0 -0.9 1.5

Industrial supplies & materials nondurable excluding petroleum

  5.262 150.8 149.5 -3.5 0.1 -1.1 -1.8 -0.9

Fuels & lubricants

10

24.359 355.9 360.9 15.2 3.4 -0.5 0.0 1.4

Petroleum & petroleum products

100

23.267 398.3 405.4 18.4 3.5 -0.4 0.3 1.8

Crude

10000

17.472 406.9 412.8 17.2 4.4 0.3 -0.4 1.4

Fuels, n.e.s.-coals & gas

101

0.791 108.4 98.2 -34.0 2.5 -4.2 -5.8 -9.4

Gas-natural

10110

0.690 94.6 85.0 -36.5 3.6 -4.0 -6.8 -10.1

Paper & paper base stocks

11

0.579 112.5 112.1 -2.9 -0.9 -1.2 -2.0 -0.4

Materials associated with nondurable supplies & materials

12

4.790 174.3 175.1 7.3 -0.3 -0.4 -0.5 0.5

Selected building materials

13

0.969 131.3 131.9 1.6 -0.1 0.4 0.5 0.5

Unfinished metals related to durable goods

14

3.686 272.0 278.3 -0.4 -5.1 0.2 -2.1 2.3

Finished metals related to durable goods

15

1.513 161.0 163.5 5.1 0.1 -0.2 -0.7 1.6

Nonmetals related to durable goods

16

1.481 114.7 114.8 3.1 -0.4 -0.5 -0.4 0.1

Capital goods

2

22.109 93.5 93.4 1.1 0.1 0.3 0.4 -0.1

Electric generating equipment

20

2.849 118.6 118.6 3.2 -0.1 -0.1 0.2 0.0

Nonelectrical machinery

21

17.648 86.7 86.7 0.3 0.0 0.3 0.3 0.0

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

1.612 131.6 131.6 6.2 0.9 0.9 1.2 0.0

Automotive vehicles, parts & engines

3

11.423 113.8 113.8 3.6 0.1 0.0 0.4 0.0

Consumer goods, excluding automotives

4

23.904 107.3 107.3 2.3 0.1 0.3 -0.3 0.0

Nondurables, manufactured

40

11.460 114.3 114.0 2.8 0.1 0.0 0.0 -0.3

Durables, manufactured

41

11.158 99.8 99.9 1.0 0.1 0.3 -0.5 0.1

Nonmanufactured consumer goods

42

1.286 118.6 119.8 11.6 -0.5 4.2 -0.6 1.0

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: February 2011 to February 2012
[2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

All commodities

  100.000 132.3 132.8 1.5 0.1 -0.5 0.2 0.4

Agricultural commodities

  10.743 202.7 200.8 -6.2 1.7 -2.3 1.1 -0.9

All exports excluding food and fuels (Dec. 2010=100)

  81.327 102.3 102.9 1.4 -0.5 0.0 -0.1 0.6

Nonagricultural commodities

  89.258 127.3 128.0 2.6 -0.2 -0.2 0.0 0.5

Foods, feeds, & beverages

0

9.804 201.5 199.8 -1.8 2.1 -2.0 1.3 -0.8

Agricultural foods, feeds & beverages, excluding distilled beverages

00

9.095 203.7 201.8 -3.3 2.3 -2.2 1.2 -0.9

Nonagricultural foods (fish, distilled beverages)

01

0.709 186.0 186.5 19.6 -1.2 0.7 1.2 0.3

Industrial supplies & materials

1

34.540 183.6 185.7 1.9 -0.2 -0.8 -0.4 1.1

Industrial supplies & materials, durable

  12.232 184.6 188.9 3.1 -1.5 0.5 -1.9 2.3

Industrial supplies & materials, nondurable

  22.310 183.9 184.7 1.3 0.5 -1.5 0.4 0.4

Agricultural industrial supplies & materials

10

1.648 200.7 198.5 -19.8 -1.4 -2.9 0.0 -1.1

Nonagricultural industrial supplies & materials

  32.893 183.2 185.4 3.3 -0.1 -0.7 -0.4 1.2

Fuels & lubricants

11

8.870 273.1 273.6 7.9 3.4 -2.9 1.2 0.2

Nonagricultural supplies & materials excluding fuels & building materials

12

23.092 171.8 174.7 1.9 -1.4 0.2 -1.1 1.7

Selected building materials

13

0.931 115.4 116.4 0.2 0.1 -0.6 -0.2 0.9

Capital goods

2

34.525 104.9 105.1 1.1 -0.1 0.1 0.3 0.2

Electrical generating equipment

20

3.543 112.9 113.3 2.4 -0.7 -0.1 0.1 0.4

Nonelectrical machinery

21

25.052 94.4 94.4 0.4 -0.1 0.0 0.2 0.0

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

5.929 146.8 148.2 2.8 0.1 0.3 0.8 1.0

Automotive vehicles, parts & engines

3

8.231 112.1 112.3 2.8 0.1 -0.1 0.2 0.2

Consumer goods, excluding automotives

4

12.900 117.1 117.4 3.7 -0.2 0.1 0.3 0.3

Nondurables, manufactured

40

5.954 114.7 114.9 1.6 -0.2 0.3 0.7 0.2

Durables, manufactured

41

5.355 113.3 113.8 1.7 -0.1 -0.1 0.1 0.4

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected categories of goods: February 2011 to February 2012
[December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

Nonmanufactured articles

  20.852 173.7 174.6 11.5 3.5 -0.1 -0.5 0.5

Agriculture, forestry, fishing and hunting

11

1.873 176.9 167.1 -4.4 -1.7 -0.2 1.0 -5.5

Crop production

111

1.351 186.6 171.0 -3.7 -1.4 0.2 2.7 -8.4

Mining

21

18.979 173.0 175.0 13.3 4.1 -0.1 -0.6 1.2

Mining (except oil and gas) (Dec. 2006=100)

212

0.356 157.6 171.8 17.6 -2.7 -2.7 7.5 9.0

Manufactured articles

  78.689 118.1 118.5 3.8 -0.1 -0.1 0.2 0.3

Manufactured goods, part 1

31

10.771 124.9 125.3 7.5 0.2 0.2 0.8 0.3

Food manufacturing

311

3.014 159.9 160.5 9.0 0.6 0.5 1.6 0.4

Beverage and tobacco product manufacturing

312

0.839 112.1 111.9 1.7 0.1 -0.1 0.2 -0.2

Textile product mills

314

0.876 117.8 117.8 8.4 -0.1 -0.1 -0.6 0.0

Apparel manufacturing

315

4.043 111.8 112.0 6.8 -0.1 -0.2 0.4 0.2

Leather and allied product manufacturing

316

1.602 118.5 119.4 8.8 0.9 0.4 1.4 0.8

Manufactured goods, part 2

32

17.942 140.2 141.3 7.6 0.1 -0.9 0.4 0.8

Wood product manufacturing

321

0.573 108.1 108.8 0.2 -0.6 0.3 0.7 0.6

Paper manufacturing

322

1.072 110.3 110.0 -0.4 -0.2 -0.6 -1.3 -0.3

Petroleum and coal products manufacturing

324

4.945 183.3 189.0 25.7 1.1 -2.4 3.1 3.1

Chemical manufacturing

325

8.567 133.1 132.8 1.0 -0.4 -0.5 -0.9 -0.2

Plastics and rubber products manufacturing

326

1.873 127.2 127.2 6.4 0.1 -0.2 1.1 0.0

Nonmetallic mineral product manufacturing

327

0.822 129.1 129.4 2.9 0.3 0.3 0.5 0.2

Manufactured goods, part 3

33

49.977 109.9 110.1 1.6 -0.3 0.3 -0.1 0.2

Primary metal manufacturing

331

4.238 177.2 180.4 -0.7 -4.2 0.3 -2.5 1.8

Fabricated metal product manufacturing

332

2.519 129.3 130.0 6.3 0.5 0.3 0.1 0.5

Machinery manufacturing

333

5.537 120.2 120.5 3.2 0.2 0.0 0.7 0.2

Computer and electronic product manufacturing

334

15.458 83.1 83.0 -1.9 0.0 0.4 0.2 -0.1

Electrical equipment, appliance, and component manufacturing

335

3.771 117.4 117.6 2.9 0.1 0.2 0.0 0.2

Transportation equipment manufacturing

336

12.061 110.7 110.8 3.7 0.3 0.2 0.3 0.1

Furniture and related product manufacturing

337

1.292 112.9 112.8 4.3 0.1 -0.1 0.0 -0.1

Miscellaneous manufacturing

339

5.102 121.9 122.2 3.6 0.4 0.4 -1.1 0.2

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected categories of goods: February 2011 to February 2012
[December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

Nonmanufactured articles

  8.377 165.9 162.9 -10.3 2.4 -2.8 0.3 -1.8

Agriculture, forestry, fishing and hunting

11

6.130 190.6 188.4 -11.5 3.4 -3.2 2.2 -1.2

Crop production

111

5.719 197.9 195.1 -12.6 4.3 -3.4 2.5 -1.4

Mining

21

2.247 112.8 108.8 -6.2 -0.2 -1.6 -4.4 -3.5

Mining (except oil and gas)

212

1.578 138.2 139.3 3.5 -0.9 -1.1 -2.2 0.8

Manufactured articles

  88.636 120.1 120.7 3.2 -0.1 -0.2 0.3 0.5

Manufactured goods, part 1

31

6.977 142.3 142.8 2.7 -0.4 -0.8 -0.7 0.4

Food manufacturing

311

4.854 162.4 162.7 5.1 -0.5 -1.0 -0.2 0.2

Beverage and tobacco product manufacturing

312

0.546 114.1 115.5 0.9 1.4 -0.6 -0.8 1.2

Apparel manufacturing

315

0.421 119.8 119.8 8.5 1.1 1.5 1.0 0.0

Manufactured goods, part 2

32

26.533 133.5 134.7 4.7 0.5 -0.8 0.8 0.9

Wood product manufacturing

321

0.408 114.9 116.0 -2.7 -0.2 0.4 0.3 1.0

Paper manufacturing

322

1.842 118.8 118.6 -5.3 -1.7 -1.6 -0.7 -0.2

Petroleum and coal products manufacturing

324

6.258 167.5 171.4 11.4 4.3 -3.6 2.3 2.3

Chemical manufacturing

325

15.085 131.2 132.1 3.6 -0.5 0.3 0.2 0.7

Plastics and rubber products manufacturing

326

2.185 116.7 117.1 7.4 -0.1 -0.1 0.6 0.3

Nonmetallic mineral product manufacturing

327

0.755 111.0 110.9 0.4 -0.1 -0.3 0.3 -0.1

Manufactured goods, part 3

33

55.126 112.8 113.1 2.4 -0.4 0.2 0.1 0.3

Primary metal manufacturing

331

4.851 172.5 174.7 4.4 -2.7 1.3 -4.1 1.3

Fabricated metal product manufacturing

332

2.636 129.4 127.6 1.6 0.5 0.2 0.3 -1.4

Machinery manufacturing

333

11.144 120.2 120.3 4.0 0.2 0.0 2.0 0.1

Computer and electronic product manufacturing

334

14.404 89.3 89.3 -1.5 -0.2 0.0 -0.2 0.0

Electrical equipment, appliance, and component manufacturing

335

3.209 111.6 112.2 1.9 -0.4 -0.4 0.5 0.5

Transportation equipment manufacturing

336

13.361 115.6 116.2 2.7 0.1 0.2 0.4 0.5

Miscellaneous manufacturing

339

5.231 123.3 123.7 8.6 -0.2 -0.1 -0.6 0.3

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2011 to February 2012
[2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

Live animals; animal products

I

1.178 169.8 168.5 3.3 -0.6 -0.2 2.0 -0.8

Meat and edible meat offal

02

0.274 220.8 218.2 5.5 3.0 -0.5 2.6 -1.2

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.622 124.2 122.4 0.9 -2.4 -0.8 2.2 -1.4

Vegetable products

II

1.701 218.0 204.7 4.8 -1.1 1.8 3.0 -6.1

Edible vegetables, roots, and tubers

07

0.365 365.9 248.8 -15.1 0.5 -4.1 19.4 -32.0

Edible fruit and nuts; peel of citrus fruit or melons

08

0.461 116.9 118.9 -4.3 -0.6 -0.2 2.9 1.7

Coffee, tea, mate and spices

09

0.455 298.8 288.8 23.9 -1.0 2.9 1.0 -3.3

Animal or vegetable fats and oils (Dec. 2009=100)

III

0.263 135.7 130.6 -17.0 2.1 1.6 1.2 -3.8

Prepared foodstuffs, beverages, and tobacco

IV

2.372 158.3 158.3 5.2 0.3 -0.6 0.6 0.0

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.182 85.4 86.9 -15.9 2.2 -12.0 0.6 1.8

Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2007=100)

19

0.222 124.9 124.8 -1.7 -0.1 -0.2 -0.3 -0.1

Preparations of vegetables, fruit, nuts, or other parts of plants

20

0.356 177.8 176.1 15.4 4.2 2.4 2.1 -1.0

Beverages, spirits, and vinegar

22

0.795 122.8 122.6 2.3 0.0 -0.1 0.2 -0.2

Mineral products

V

24.059 358.0 363.6 15.8 3.3 -0.5 0.1 1.6

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

23.712 353.7 358.7 15.5 3.4 -0.5 0.0 1.4

Products of the chemical or allied industries

VI

8.095 147.9 146.7 0.3 0.2 -0.5 -1.0 -0.8

Inorganic chemicals

28

0.902 365.7 353.8 0.7 2.7 -1.8 -5.2 -3.3

Organic chemicals

29

2.405 137.8 138.4 1.2 -0.4 -0.3 0.5 0.4

Pharmaceutical products

30

2.936 114.7 113.1 -2.7 0.0 0.1 -1.5 -1.4

Fertilizers (Dec. 2009=100)

31

0.434 137.8 138.6 14.5 0.6 -4.2 -4.8 0.6

Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2011=100)

32

0.178 103.4 103.1 - - - 3.4 -0.3

Essential oils and resinoids (Dec. 2001=100)

33

0.413 125.4 124.0 0.2 -0.6 -0.7 0.7 -1.1

Miscellaneous chemical products

38

0.472 103.4 103.2 -3.3 -1.6 0.3 -1.2 -0.2

Plastics and articles thereof; rubber and articles thereof

VII

3.064 151.9 152.2 4.2 -0.5 -0.5 -0.1 0.2

Plastics and articles thereof

39

1.859 143.2 142.9 5.2 -0.4 0.6 0.2 -0.2

Rubber and articles thereof

40

1.205 168.6 170.1 2.7 -0.7 -2.3 -0.4 0.9

Raw hides, skins, leather, furskins, travel goods, etc

VIII

0.579 125.6 126.8 8.6 0.5 0.1 1.9 1.0

Articles of leather; travel goods, bags, etc. of various materials

42

0.532 126.3 127.6 9.1 0.6 0.1 2.0 1.0

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

0.602 130.7 131.5 0.5 -0.5 0.2 0.6 0.6

Woodpulp, recovered paper, and paper products

X

1.173 113.0 113.0 -0.4 -0.1 -0.6 -1.1 0.0

Pulp wood, waste paper, and paperboard (Dec. 2011=100)

47

0.169 95.6 96.1 - - - -4.4 0.5

Paper and paperboard; articles of paper pulp, paper or paperboard

48

0.794 109.1 108.7 1.3 0.5 -0.2 -0.5 -0.4

Textile and textile articles

XI

5.190 115.7 116.0 7.2 -0.2 -0.2 0.3 0.3

Articles of apparel and clothing accessories, knitted or crocheted

61

2.010 106.5 106.6 3.9 -0.5 -0.2 0.3 0.1

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.899 117.6 118.0 11.2 0.2 -0.2 0.7 0.3

Made-up or worn textile articles

63

0.644 112.0 112.1 9.3 -0.2 0.0 -0.7 0.1

Headgear, umbrellas, artifical flowers, etc.

XII

1.311 117.7 118.1 7.5 1.1 0.5 0.6 0.3

Footwear and parts of such articles

64

1.114 116.7 117.1 7.6 1.0 0.6 0.6 0.3

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.745 131.2 131.1 2.9 0.3 0.2 0.2 -0.1

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2001=100)

68

0.238 124.1 124.3 3.3 0.2 0.1 -0.1 0.2

Ceramic products

69

0.224 141.2 141.2 1.4 0.0 0.1 0.0 0.0

Glass and glassware

70

0.283 126.5 126.1 3.5 0.6 0.4 0.6 -0.3

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

3.275 203.1 206.1 13.7 -2.1 2.6 -1.9 1.5

Base metals and articles of base metals

XV

4.830 189.3 191.1 -1.9 -2.2 -0.5 0.1 1.0

Iron and steel

72

1.134 246.8 245.2 -0.4 -2.9 -0.6 0.2 -0.6

Articles of iron or steel

73

1.406 161.3 160.6 4.1 0.0 -0.1 -0.1 -0.4

Copper and articles thereof

74

0.437 344.2 367.1 -12.0 -5.5 0.4 1.3 6.7

Nickel and articles thereof (Dec. 2009=100)

75

0.135 104.9 111.2 -19.4 -7.5 -2.4 -1.6 6.0

Aluminum and articles thereof

76

0.695 138.3 141.0 -5.5 -2.6 -2.4 -1.3 2.0

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.356 126.8 126.7 3.5 0.0 0.4 2.1 -0.1

Miscellaneous articles of base metal

83

0.398 132.3 133.0 3.6 0.0 -0.1 0.5 0.5

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

24.649 86.2 86.2 0.3 0.1 0.2 0.3 0.0

Machinery and mechanical appliances; parts thereof

84

12.362 89.8 89.9 1.2 0.2 0.2 0.9 0.1

Electrical machinery and equip, sound and TV recorders & reproducers, parts

85

12.287 82.8 82.7 -0.5 -0.1 0.4 -0.1 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

10.069 115.0 115.1 3.6 0.0 0.1 0.3 0.1

Motor vehicles and their parts

87

9.296 114.2 114.3 3.9 0.0 0.2 0.2 0.1

Aircraft, spacecraft, and parts thereof (Dec. 2002=100)

88

0.686 116.1 116.2 0.6 0.0 0.0 0.3 0.1

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

3.167 103.8 103.9 -0.3 0.2 0.5 -2.1 0.1

Optical, photographic, measuring and medical instruments

90

2.917 101.3 101.5 -0.5 0.1 0.5 -2.2 0.2

Clocks and watches and parts thereof

91

0.189 127.6 127.6 2.0 -0.2 -0.1 -0.1 0.0

Miscellaneous manufactured articles

XX

3.623 111.3 111.4 3.1 0.0 0.0 -0.3 0.1

Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs

94

1.922 114.5 114.4 3.2 0.0 -0.1 -0.6 -0.1

Toys, games and sports equipment; parts and accessories thereof

95

1.505 104.8 104.9 3.0 0.1 0.1 0.2 0.1

Miscellaneous manufactured articles

96

0.196 132.6 133.5 4.3 0.0 -0.4 -0.1 0.7

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2011 to February 2012
[2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

Live animals; animal products

I

1.939 205.7 204.1 10.9 -0.1 -0.1 -1.0 -0.8

Meat & edible meat offal (Dec. 2006=100)

02

1.119 168.6 168.8 11.3 0.2 -0.6 -0.8 0.1

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.405 202.1 202.1 21.6 -1.0 2.0 0.6 0.0

Vegetable products

II

5.596 235.9 233.5 -6.6 4.8 -2.4 1.6 -1.0

Edible fruit and nuts; peel of citrus fruit or melons

08

0.832 132.3 127.2 -5.2 4.8 6.7 -4.6 -3.9

Cereals

10

2.172 279.8 279.4 -5.7 6.3 -7.1 3.2 -0.1

Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder

12

1.979 243.3 244.6 -10.0 4.1 -3.3 5.2 0.5

Animal or vegetable fats and oils (Dec. 2009=100)

III

0.474 147.3 144.4 -8.1 -1.8 -1.7 1.1 -2.0

Prepared foodstuffs, beverages,and tobacco

IV

2.596 149.0 150.1 1.8 -1.3 -1.1 0.1 0.7

Preparations of vegetables, fruit, nuts or other parts of plants (Dec. 2009=100)

20

0.321 109.6 110.0 4.7 0.2 -0.9 0.4 0.4

Beverages, spirits, and vinegar (Dec. 2008=100)

22

0.391 106.0 105.9 1.6 -0.3 0.1 0.8 -0.1

Residues and waste from the food industries; prepared animal feed

23

0.708 202.2 205.0 -6.4 -4.7 -2.4 -1.7 1.4

Mineral products

V

8.812 320.6 322.8 7.4 2.9 -2.8 0.8 0.7

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

8.201 317.5 318.6 8.2 3.2 -3.1 1.1 0.3

Products of the chemical or allied industries

VI

12.306 154.5 155.2 3.5 0.3 0.2 -0.3 0.5

Inorganic chemicals

28

0.977 178.8 177.6 -8.7 0.2 1.2 -9.7 -0.7

Organic chemicals

29

3.474 167.6 170.8 6.6 0.4 0.8 0.5 1.9

Pharmaceutical products

30

3.183 124.6 124.8 0.5 -0.2 -0.4 0.8 0.2

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.761 134.9 135.3 6.0 -0.3 0.2 1.1 0.3

Soap; lubricants; waxes, polishing or scouring products; candles, pastes

34

0.474 124.1 122.9 -0.1 1.3 -0.1 -0.5 -1.0

Miscellaneous chemical products

38

1.789 153.8 153.7 5.9 0.1 0.4 1.9 -0.1

Plastics and articles thereof; rubber and articles thereof

VII

5.467 147.7 149.3 4.3 -2.3 -0.1 0.3 1.1

Plastics and articles thereof

39

4.399 138.9 140.1 2.5 -2.0 0.1 0.7 0.9

Rubber and articles thereof

40

1.068 188.7 192.3 12.1 -3.8 -1.1 -1.3 1.9

Raw hides, skins, leather, furskins, travel goods, etc.

VIII

0.352 123.4 126.2 -2.0 -4.9 -2.4 2.1 2.3

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

0.527 105.8 107.8 -1.9 0.2 -1.6 -1.8 1.9

Woodpulp, recovered paper, and paper products

X

2.321 117.1 117.7 -7.5 -3.8 -2.7 0.3 0.5

Woodpulp and recovered paper

47

0.631 122.9 126.2 -18.4 -10.2 -7.3 1.5 2.7

Paper and paperboard; articles of paper pulp, paper or paperboard

48

1.238 117.2 116.6 -2.3 -0.8 -0.7 -0.1 -0.5

Printed material

49

0.452 119.4 119.4 1.2 0.0 0.0 0.1 0.0

Textile and textile articles

XI

2.017 132.3 130.4 -16.8 -0.7 -1.9 0.0 -1.4

Cotton, including yarns and woven fabrics thereof

52

0.672 166.3 158.3 -40.2 -2.5 -5.5 -1.5 -4.8

Stone, plaster, cement, asbestos, ceramics, glass etc. (Dec. 2008=100)

XIII

0.742 116.6 116.9 1.2 0.0 -0.3 0.2 0.3

Glass and glassware

70

0.405 98.7 98.6 -0.4 -0.1 -0.5 -0.1 -0.1

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

5.380 283.8 291.2 20.0 -1.6 1.5 -4.0 2.6

Base metals and articles of base metals

XV

5.620 175.8 178.9 -2.8 -1.1 -0.2 1.1 1.8

Iron and steel

72

1.752 219.5 227.9 -5.1 -5.1 0.0 3.2 3.8

Articles of iron or steel

73

1.380 173.6 170.7 3.4 0.8 -0.1 0.8 -1.7

Copper and articles thereof

74

0.653 248.0 261.5 -8.1 6.0 0.6 -0.4 5.4

Aluminum and articles thereof

76

0.836 126.5 128.8 -5.2 -0.9 -2.0 0.5 1.8

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.380 129.0 129.2 3.0 0.0 0.2 0.3 0.2

Miscellaneous articles of base metal

83

0.320 136.2 136.7 5.6 0.0 0.4 -0.1 0.4

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

27.646 96.4 96.5 0.6 -0.1 -0.1 0.2 0.1

Machinery and mechanical appliances; parts thereof

84

15.962 109.0 109.4 2.0 0.1 0.0 0.4 0.4

Electrical machinery and equipment and parts and accessories thereof

85

11.684 82.7 82.6 -1.2 -0.4 -0.1 -0.1 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

10.963 125.7 126.0 2.6 0.1 0.2 0.9 0.2

Motor vehicles and their parts

87

7.268 112.4 112.6 3.4 0.1 0.0 1.1 0.2

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

5.765 104.6 105.2 -0.3 -0.2 0.0 -0.9 0.6

Miscellaneous manufactured articles

XX

1.332 108.2 108.3 0.6 -0.1 -0.1 -0.2 0.1

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.693 118.5 119.2 0.3 -0.3 -0.1 -0.5 0.6

Toys, games and sports equipment; parts and accessories thereof

95

0.517 90.0 89.6 -2.4 0.1 0.0 0.0 -0.4

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 7. U.S. import price indexes and percent changes by locality of origin: February 2011 to February 2012
[2000=100, unless otherwise noted]
Description Percent
of
U.S.
imports(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

Industrialized Countries(2)

38.296 132.4 132.9 2.9 0.5 0.0 -0.6 0.4

Nonmanufactured articles

4.447 241.6 242.0 7.2 5.3 0.0 -1.9 0.2

Manufactured articles

33.487 123.5 123.9 2.2 -0.3 0.0 -0.4 0.3

Other Countries(3)

61.704 142.2 142.8 6.5 0.9 0.0 0.1 0.4

Nonmanufactured articles

12.907 362.7 365.9 13.5 3.1 0.0 -0.4 0.9

Manufactured articles

48.593 112.2 112.5 3.9 0.0 0.0 0.4 0.3

Canada

14.414 154.4 155.5 2.4 1.0 0.3 -0.6 0.7

Nonmanufactured articles

4.027 231.7 230.2 5.0 5.9 0.1 -1.8 -0.6

Manufactured articles

10.122 137.6 139.4 1.1 -1.3 0.3 -0.1 1.3

European Union(4)

15.813 135.0 134.8 2.7 -0.1 -0.3 -1.1 -0.1

Nonmanufactured articles

0.262 361.2 365.0 30.3 0.4 -2.0 -0.8 1.1

Manufactured articles

15.467 131.5 131.2 2.2 -0.1 -0.3 -1.1 -0.2

France (Dec. 2003=100)

1.736 120.9 120.7 -1.2 0.1 0.5 -0.2 -0.2

Germany (Dec. 2003=100)

4.265 114.4 114.5 0.5 -0.1 -0.1 -0.9 0.1

United Kingdom (Dec. 2003=100)

2.397 131.0 131.4 0.2 -0.2 -0.4 -1.1 0.3

Latin America(5)

19.049 183.4 183.8 7.5 2.0 0.1 1.0 0.2

Nonmanufactured articles

5.633 405.8 405.3 18.5 5.9 0.5 1.5 -0.1

Manufactured articles

13.328 135.2 135.8 1.1 -0.5 -0.2 0.7 0.4

Mexico (Dec. 2003=100)

12.091 149.6 148.7 3.4 1.0 -0.1 1.1 -0.6

Nonmanufactured articles (Dec. 2008=100)

2.017 219.6 213.4 17.8 5.6 -0.6 3.8 -2.8

Manufactured articles (Dec. 2008=100)

10.028 96.2 96.3 -0.7 -0.4 0.1 0.3 0.1

Pacific Rim (Dec. 2003=100)(6)

34.659 104.8 104.9 1.9 0.2 0.0 0.1 0.1

China (Dec. 2003=100)

19.583 105.4 105.5 3.3 0.3 0.0 0.3 0.1

Japan

6.349 102.3 102.5 1.6 0.0 0.2 0.2 0.2

Asian NICs(7)

5.471 90.6 90.6 1.1 -0.1 -0.2 0.0 0.0

ASEAN (Dec. 2003=100)(8)

5.652 105.2 105.7 2.2 0.3 -0.1 0.3 0.5

Asia Near East (Dec. 2003=100)(9)

3.948 273.9 277.0 12.7 -0.3 -1.1 0.4 1.1

Footnotes
(1) Percentage of trade figures are based on 2010 trade values.
(2) Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
(3) 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 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines and Asian Newly Industrialized Countries.
(7) Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
(8) Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
(9) Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

NOTES: Data may be revised in each of the three months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 8. U.S. international price indexes and percent changes for selected transportation services: February 2011 to February 2012
[2000=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2012(1)
Index Percent change
Jan.
2012
Feb.
2012
Annual Monthly
Feb.
2011
to
Feb.
2012
Oct.
2011
to
Nov.
2011
Nov.
2011
to
Dec.
2011
Dec.
2011
to
Jan.
2012
Jan.
2012
to
Feb.
2012

Air Freight

Import Air Freight

100.000 171.2 169.2 -1.3 -1.8 -0.5 -3.3 -1.2

Europe (Dec. 2003=100)

24.925 164.4 161.7 12.1 -3.3 -0.3 -2.3 -1.6

Asia

70.485 150.3 148.6 -5.6 -1.3 -0.6 -3.8 -1.1

Export Air Freight

100.000 146.5 146.9 8.6 -0.9 0.1 1.6 0.3

Europe (Dec. 2006=100)

35.959 131.5 132.2 8.5 -1.1 -0.6 1.5 0.5

Inbound Air Freight

100.000 157.3 155.7 0.5 -0.7 -0.9 -2.1 -1.0

Europe (Dec. 2003=100)

25.173 147.1 145.6 8.3 -2.4 0.1 -1.6 -1.0

Asia

63.326 140.9 138.9 -2.5 -0.1 -1.6 -2.6 -1.4

Outbound Air Freight

100.000 144.1 144.6 9.2 -0.6 0.7 -0.3 0.3

Europe (Dec. 2003=100)

30.953 162.3 163.4 8.2 -0.3 -0.2 -0.4 0.7

Asia

48.940 135.0 135.2 10.2 -1.0 1.1 -0.1 0.1

Air Passenger Fares

Import Air Passenger Fares

100.000 179.9 180.5 11.8 -0.7 1.6 0.2 0.3

Europe

38.652 184.8 185.1 7.6 -3.5 -2.0 4.8 0.2

Asia

27.223 155.9 157.9 17.2 2.5 4.8 -4.1 1.3

Latin America/Caribbean

12.397 178.6 177.6 12.1 1.2 8.0 -4.4 -0.6

Export Air Passenger Fares

100.000 195.4 173.6 7.6 -2.3 3.8 2.3 -11.2

Europe

24.932 208.5 207.2 13.8 -7.3 -2.7 0.8 -0.6

Asia

30.369 190.0 156.2 6.0 1.6 2.7 6.2 -17.8

Latin America/Caribbean

22.440 212.4 188.1 6.6 1.7 7.3 3.7 -11.4

Footnotes
(1) Relative importance figures are based on 2010 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = 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 are reweighted annually, with a two-year lag in 
the weights.  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.

Merchandise Goods Classification Systems -- The merchandise price indexes are published using 
three classification systems.  Items are classified by end use according to the Bureau of Economic 
Analysis Classification System, by industry according to the North American Industry Classification 
System (NAICS), and by product category according to the Harmonized System (HS).  While 
classification by end use and product category are self-explanatory, some notes are in order for 
classifying items by industry.  In the NAICS imports and exports tables, items are classified by output 
industry, not input industry.  As an example, NAICS import index 326 (plastics and rubber products 
manufacturing) include outputs such as manufactured plastic rather than inputs such as petroleum.  The 
NAICS classification structure also matches the classification system used by the PPI (Producer Price 
Index) to produce the NAICS primary products indexes.

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.

Services Price Indexes -- Starting in September 2008 the Import Air Passenger Fares Indexes represent 
changes in the average revenue per passenger received by foreign carriers from U.S. residents and are 
calculated from data obtained from an airline consulting service.  These data include tickets sold by 
travel agencies and travel websites.  Tickets sold directly by the airlines are excluded, as are frequent 
flyer tickets generally.  Starting in January 2008 the Export Air Passenger Fares Indexes represent 
changes in the average revenue per passenger received by U.S. carriers from foreign residents and are 
calculated from data collected directly from airlines. These data include frequent flyer tickets and those 
sold by consolidators. Taxes and fees are included in the Import Air Passenger Fares Index and excluded 
from the Export Air Passenger Fares Index. The Air Freight Indexes are calculated from data collected 
directly from airlines. These data exclude mail and passenger baggage. The scope of the service being 
priced is the movement of freight from airport to airport only, and does not include any ground 
transportation or port service. The Air Freight Indexes 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.). Fact sheets specifying detailed 
information for each services industry are available at http://www.bls.gov/mxp under "MXP 
Publications."

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. 
 
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.  After three months, no further data 
revisions take place.  So, for example, data released in the January release will be subject to revision in 
the releases for February, March, and April.

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts constructed by the Department of Commerce.  
Other published indexes are useful for general market analysis.  For trade in international services, 
Balance of Payments indexes are used for deflating National Income and Product Accounts, while 
International indexes are more appropriate for market analysis.  Merchandise and services indexes also 
can be used to study U.S. competitiveness and to compute price elasticities, and the merchandise import 
indexes by country or region of origin are useful in terms of trade analysis.

E-Mail Subscription -- The U.S. Import and Export Price Indexes news release is available through an 
e-mail subscription service at (http://www.bls.gov/bls/list.htm).
 
Additional Information -- More detailed data are available on the Import/Export Price Indexes home 
page at (http://www.bls.gov/mxp).  Flat Files and the FTP server are available for users requiring access 
to either a large volume of time series data or other related documentation. The FTP site can be accessed 
at ftp://ftp.bls.gov.   For technical assistance in using the BLS Internet site, send e-mail to 
(labstat.helpdesk@bls.gov).  For Import/Export Price Index data requests, send e-mail to 
(mxpinfo@bls.gov). 

Information from this release will be made available to sensory impaired individuals upon request.  
Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.

Last Modified Date: March 14, 2012