U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until					USDL-14-1077
8:30 a.m. (EDT) Thursday, June 12, 2014

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                                 U.S. IMPORT AND EXPORT PRICE INDEXES MAY 2014

U.S. import prices ticked up 0.1 percent in May, after a 0.5-percent downturn in April, the U.S. Bureau of 
Labor Statistics reported today. Higher fuel prices drove the increase in May, after declining fuel prices led 
the decrease the previous month. The price index for U.S. exports also rose 0.1 percent in May following a 
1.0-percent decrease in April. 

Imports

All Imports: Prices for U.S. imports resumed an upward trend, increasing 0.1 percent in May, after falling 
0.5 percent the previous month. Prior to April, import prices rose 1.9 percent over the first quarter of 2014. 
Import prices advanced 0.4 percent over the past 12 months, driven by higher fuel prices which more than 
offset a decline in nonfuel prices.   

Fuel Imports: Fuel prices rose 0.5 percent in May following a 2.7-percent drop the previous month. The 
May increase was led by a 1.1-percent rise in petroleum prices which more than offset a 13.8-percent drop 
in natural gas prices. The May drop in the price index for natural gas followed a 26.8-percent decline in 
April. Import fuel prices advanced 3.0 percent over the past year, and both higher petroleum and natural gas 
prices contributed to the overall increase. Petroleum prices rose 3.0 percent for the year ended in May, and 
natural gas prices, despite the recent drops, advanced 7.9 percent over the same period.        

All Imports Excluding Fuel: Nonfuel import prices were unchanged in May, after ticking up 0.1 percent 
the previous month. In May, lower foods, feeds, and beverages prices and nonfuel industrial supplies and 
materials prices offset price increases for capital goods and consumer goods. The price index for nonfuel 
imports declined 0.2 percent over the past 12 months. A 2.2-percent drop in nonfuel industrial supplies and 
materials prices, a 0.7-percent decline in automotive vehicles prices, and a 0.3-percent decrease in capital 
goods prices more than offset higher foods, feeds, and beverages and consumer goods prices over the year.    

Table A. Percent change in import and export price indexes, selected categories

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

2013

May

-0.6 -1.7 -0.4 -0.5 1.1 -0.7

June

-0.4 -0.7 -0.3 -0.1 0.8 -0.2

July

0.1 1.7 -0.4 -0.2 -0.3 -0.2

August

0.4 2.6 -0.2 -0.5 -4.2 0.0

September

0.3 1.0 0.1 0.4 0.6 0.3

October

-0.6 -3.3 0.1 -0.6 -1.3 -0.5

November

-0.9 -4.2 0.0 0.2 -0.2 0.1

December

0.1 0.7 -0.1 0.4 0.3 0.4

2014

January

0.4 0.8 0.3 0.3 0.0 0.4

February

1.1 (r)5.9 (r)0.0 0.8 1.4 0.6

March

0.4 (r)1.0 0.3 (r)0.9 2.8 0.8

April

(r)-0.5 (r)-2.7 (r)0.1 -1.0 (r)1.5 (r)-1.4

May

0.1 0.5 0.0 0.1 0.5 0.1

May 2012 to 2013

-1.8 -4.3 -1.1 -0.8 5.0 -1.6

May 2013 to 2014

0.4 3.0 -0.2 0.5 1.6 0.5

Footnotes
(r) Revised

Exports

All Exports: The price index for U.S. exports ticked up 0.1 percent in May, after decreasing 1.0 percent in 
April, and increasing 0.9 percent in March and 0.8 percent in February. In May, rising prices for both 
agricultural exports and nonagricultural exports contributed to the advance. Export prices rose 0.5 percent 
over the past year, the largest 12-month increase since the index advanced 0.8 percent between June 2012 
and June 2013.        

Agricultural Exports: Agricultural export prices advanced 0.5 percent in May following a 1.5-percent 
increase in April. In May, higher prices for wheat, meat, and fruit, up 4.6 percent, 1.6 percent, and 2.6 
percent, respectively, drove the overall increase in agricultural export prices. The price index for agricultural 
exports also rose for the year ended in May, increasing 1.6 percent. Rising prices for meat and fruit more 
than offset a 19.6-percent drop in corn prices.                          

All Exports Excluding Agriculture: Prices for nonagricultural exports rose 0.1 percent in May following a 
1.4 percent decline in April. In May, nonagricultural industrial supplies and materials prices edged down 0.1 
percent, while capital goods prices ticked up 0.1 percent. The price indexes for both automotive vehicles 
and consumer goods recorded no change. Nonagricultural prices advanced 0.5 percent over the past year led 
by higher prices for capital goods, nonagricultural industrial supplies and materials, and automotive 
vehicles.  

					    SELECTED MAY HIGHLIGHTS

Import Prices

Imports by Locality of Origin: Import prices from China increased 0.3 percent in May, the largest monthly 
advance since a 0.3-percent rise in January 2012. The May increase was driven by a 0.7-percent increase in 
the index for computer and electronic product manufacturing. Prices for imports from China also rose over 
the year, increasing 0.5 percent, the first 12-month advance since the index rose 0.3 percent between 
September 2011 and September 2012. The price index for imports from the European Union increased 0.3 
percent in May, after rising 0.6 percent the previous month. In contrast, import prices from Canada, Mexico, 
and Japan all declined in May. Prices for imports from Canada fell 0.8 percent, led by lower natural gas 
prices. Import prices from Mexico declined 0.3 percent in May, while the price index for imports from 
Japan edged down 0.1 percent for the same period.    

Nonfuel Industrial Supplies and Materials: Prices for nonfuel industrial supplies and materials decreased 
0.1 percent in May, after recording no change in April. The May decline was led by a 2.6-percent drop in 
gold prices and a 0.4-percent decrease in the price index for import chemicals.    

Finished Goods: Each of the major finished goods categories either recorded increases or no change in 
May. Capital goods prices advanced 0.2 percent in May following a 0.1-percent drop in April. The May rise 
was led by a 2.7-percent increase in computer prices. Consumer goods prices ticked up 0.1 percent in May 
and prices for automotive vehicles were unchanged, after each rose 0.2 percent the previous month.

Foods, Feeds, and Beverages: The price index for import foods, feeds, and beverages fell 0.8 percent for 
the second consecutive month following a 3.5-percent increase in March. The May decline was driven by a 
9.3-percent drop in fruit prices. 

Transportation Services: The index for import air passenger fares rose 2.1 percent in May, led by an 8.3-
percent increase in Asian fares. The May advance in import air passenger fares was the largest monthly 
increase since a 7.1-percent rise in December 2013. Import air passenger fares rose 5.0 percent for the year 
ended in May. In contrast, prices for import air freight fell 0.3 percent in May and advanced 1.7 percent 
over the past year.     

Export Prices

Nonagricultural Industrial Supplies and Materials: Prices for export nonagricultural industrial supplies 
and materials declined 0.1 percent in May, after falling 3.9 percent in April. In May, lower metal and 
chemical prices were the main contributors to the decrease.  

Finished Goods: Export finished goods prices were mostly unchanged in May. Capital goods prices ticked 
up 0.1 percent for the second consecutive month in May. The price indexes for consumer goods and 
automotive vehicles each recorded no change in May following 0.3-percent and 0.4-percent advances, 
respectively, the previous month.  

Transportation Services: Export air passenger fares increased 2.6 percent in May. The rise was driven by 
an 8.3-percent increase in Asian fares. The price index for export air freight rose 6.0 percent in May and 8.7 
percent over the past 12 months. 

Import and Export Price Index data for June 2014 are scheduled for release on Tuesday, July 15, 
2014 at 8:30 a.m. (EDT).    

Table 1. U.S. import price indexes and percent changes for selected categories of goods: May 2013 to May 2014
[2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

All commodities

  100.000 139.7 139.9 0.4 1.1 0.4 -0.5 0.1

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

  74.865 102.3 102.4 -0.4 0.0 0.1 0.1 0.1

All imports excluding petroleum

  81.335 116.0 115.9 -0.2 0.3 0.4 -0.4 -0.1

All imports excluding fuels (Dec. 2001=100)

  80.188 119.7 119.7 -0.2 0.0 0.3 0.1 0.0

Foods, feeds, & beverages

0

5.323 180.5 179.1 2.9 -0.7 3.5 -0.8 -0.8

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.043 197.2 196.1 1.7 -1.0 4.5 -0.7 -0.6

Nonagricultural foods (fish, distilled beverages)

01

1.280 142.6 140.4 6.8 0.3 0.1 -0.9 -1.5

Industrial supplies & materials

1

32.791 250.7 251.4 0.9 3.7 0.9 -1.6 0.3

Industrial supplies & materials excluding petroleum

  14.126 163.5 162.0 -1.9 1.8 1.4 -2.4 -0.9

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

  12.979 180.7 180.6 -2.2 0.4 0.7 0.0 -0.1

Industrial supplies & materials, durable

  7.804 168.1 168.3 -2.4 0.8 0.6 0.0 0.1

Industrial supplies & materials nondurable excluding petroleum

  5.175 157.4 153.9 -1.2 3.2 2.3 -5.1 -2.2

Fuels & lubricants

10

19.812 340.5 342.3 3.0 5.9 1.0 -2.7 0.5

Petroleum & petroleum products

100

18.666 374.2 378.5 3.0 5.2 0.6 -1.2 1.1

Crude

10000

14.248 389.0 392.3 2.8 5.3 0.6 0.2 0.8

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

101

0.978 168.2 148.6 5.8 19.6 8.4 -23.9 -11.7

Gas-natural

10110

0.837 160.3 138.2 7.9 22.1 10.2 -26.8 -13.8

Paper & paper base stocks

11

0.531 112.5 113.7 0.4 0.3 -0.8 -0.2 1.1

Materials associated with nondurable supplies & materials

12

4.717 171.5 170.7 -2.0 -0.1 0.9 0.0 -0.5

Selected building materials

13

1.040 142.1 141.2 -4.9 0.5 -0.1 -0.6 -0.6

Unfinished metals related to durable goods

14

3.542 240.3 240.8 -2.9 1.2 1.0 0.5 0.2

Finished metals related to durable goods

15

1.626 156.4 157.3 -1.0 0.3 0.7 -0.6 0.6

Nonmetals related to durable goods

16

1.523 111.8 111.7 -1.8 0.3 0.1 0.2 -0.1

Capital goods

2

24.816 92.2 92.4 -0.3 -0.2 0.0 -0.1 0.2

Electric generating equipment

20

2.986 119.1 119.1 -0.3 -0.1 -0.1 0.1 0.0

Nonelectrical machinery

21

19.900 84.9 85.2 -0.2 -0.2 -0.1 0.0 0.4

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

22

1.931 136.1 136.0 0.1 0.1 0.1 -0.1 -0.1

Automotive vehicles, parts & engines

3

13.547 113.4 113.4 -0.7 -0.1 0.1 0.2 0.0

Consumer goods, excluding automotives

4

23.523 108.3 108.4 0.7 0.1 0.0 0.2 0.1

Nondurables, manufactured

40

11.352 118.2 118.5 2.2 0.1 0.0 0.3 0.3

Durables, manufactured

41

10.969 97.9 97.8 -1.3 -0.1 0.0 0.1 -0.1

Nonmanufactured consumer goods

42

1.202 121.7 121.7 4.1 1.4 0.2 1.1 0.0

Footnotes
(1) Relative importance figures are based on 2012 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: May 2013 to May 2014
[2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

All commodities

  100.000 133.5 133.6 0.5 0.8 0.9 -1.0 0.1

Agricultural commodities

  10.275 224.9 226.0 1.6 1.4 2.8 1.5 0.5

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

  80.741 102.6 102.6 0.1 0.2 0.4 0.1 0.0

Nonagricultural commodities

  89.726 126.9 127.0 0.5 0.6 0.8 -1.4 0.1

Foods, feeds, & beverages

0

9.394 225.0 226.1 1.8 1.3 2.7 1.9 0.5

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.765 228.7 230.4 1.7 1.3 2.9 1.8 0.7

Nonagricultural foods (fish, distilled beverages)

01

0.629 191.8 187.6 3.1 1.5 -0.3 2.6 -2.2

Industrial supplies & materials

1

33.407 179.0 178.8 0.2 1.7 1.8 -3.8 -0.1

Industrial supplies & materials, durable

  11.199 172.5 172.1 -3.0 0.0 0.9 0.4 -0.2

Industrial supplies & materials, nondurable

  22.209 183.4 183.3 1.9 2.6 2.3 -5.8 -0.1

Agricultural industrial supplies & materials

10

1.510 209.3 207.3 0.8 1.9 2.3 -0.3 -1.0

Nonagricultural industrial supplies & materials

  31.898 178.0 177.9 0.1 1.7 1.8 -3.9 -0.1

Fuels & lubricants

11

9.866 259.9 260.5 3.7 4.6 4.1 -11.7 0.2

Nonagricultural supplies & materials excluding fuels & building materials

12

21.002 167.2 166.8 -1.5 0.4 0.7 0.1 -0.2

Selected building materials

13

1.030 129.3 128.3 4.9 0.1 0.0 0.4 -0.8

Capital goods

2

36.132 107.2 107.3 0.8 0.3 0.2 0.1 0.1

Electrical generating equipment

20

3.649 115.1 114.9 0.0 -0.1 0.3 -0.1 -0.2

Nonelectrical machinery

21

25.519 95.5 95.7 0.4 0.0 0.2 0.0 0.2

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

22

6.964 156.3 156.5 3.2 1.4 0.3 0.4 0.1

Automotive vehicles, parts & engines

3

9.399 113.9 113.9 0.4 -0.1 -0.1 0.4 0.0

Consumer goods, excluding automotives

4

11.668 115.1 115.1 -0.2 -0.3 0.3 0.3 0.0

Nondurables, manufactured

40

5.328 111.1 111.2 -3.1 -1.2 -0.2 0.1 0.1

Durables, manufactured

41

4.954 112.3 112.3 0.6 0.0 -0.2 0.1 0.0

Footnotes
(1) Relative importance figures are based on 2012 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: May 2013 to May 2014
[December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

Nonmanufactured articles

  17.535 172.9 172.3 3.7 5.6 2.0 -1.9 -0.3

Agriculture, forestry, fishing and hunting

11

1.930 190.6 185.3 5.4 -1.8 12.8 -1.2 -2.8

Crop production

111

1.487 200.2 193.0 6.7 -2.7 16.7 -1.8 -3.6

Forestry and logging (Dec. 2012=100)

113

0.147 83.8 85.0 -19.4 -1.9 -3.4 -3.7 1.4

Mining

21

15.605 170.7 170.6 3.5 6.5 0.8 -2.0 -0.1

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

212

0.252 125.4 125.5 -6.2 1.2 -0.6 0.5 0.1

Manufactured articles

  82.071 116.3 116.5 0.0 0.3 0.2 -0.2 0.2

Manufactured goods, part 1

31

10.477 125.4 125.2 1.1 0.1 0.5 0.1 -0.2

Food manufacturing

311

3.066 159.5 158.5 1.9 0.6 0.9 -0.4 -0.6

Beverage and tobacco product manufacturing

312

0.923 115.6 115.5 1.8 0.3 0.2 0.1 -0.1

Textile mills (Dec. 2011=100)

313

0.355 102.1 102.1 0.5 0.0 0.0 0.0 0.0

Textile product mills

314

0.762 114.4 114.4 -1.0 -0.2 0.0 0.0 0.0

Apparel manufacturing

315

3.722 111.0 111.2 0.9 -0.3 0.3 0.4 0.2

Leather and allied product manufacturing

316

1.648 123.3 123.4 1.6 0.2 0.5 0.3 0.1

Manufactured goods, part 2

32

17.502 137.5 138.4 1.2 1.2 0.4 -1.2 0.7

Wood product manufacturing

321

0.626 121.5 120.6 -6.7 0.6 -0.1 -1.1 -0.7

Paper manufacturing

322

0.973 110.3 110.8 0.3 -0.1 -0.5 0.1 0.5

Printing and related support activities (Dec. 2013=100)

323

0.188 100.1 100.7 - 0.0 -0.1 0.0 0.6

Petroleum and coal products manufacturing

324

3.983 158.3 163.0 3.6 5.0 1.3 -5.2 3.0

Chemical manufacturing

325

8.955 137.8 137.9 1.8 0.2 0.3 0.1 0.1

Plastics and rubber products manufacturing

326

1.942 123.1 122.9 -2.4 -0.2 -0.1 -0.1 -0.2

Nonmetallic mineral product manufacturing

327

0.835 130.4 130.2 0.9 0.2 -0.1 0.1 -0.2

Manufactured goods, part 3

33

54.092 107.9 108.1 -0.6 0.0 0.1 0.0 0.2

Primary metal manufacturing

331

4.140 157.5 158.2 -3.0 1.0 0.9 0.2 0.4

Fabricated metal product manufacturing

332

2.669 126.8 127.1 -1.0 -0.1 0.2 0.3 0.2

Machinery manufacturing

333

6.869 121.4 121.5 0.2 -0.2 0.1 -0.1 0.1

Computer and electronic product manufacturing

334

15.906 80.0 80.2 -1.0 -0.2 -0.1 0.0 0.3

Electrical equipment, appliance, and component manufacturing

335

4.066 118.2 118.2 -1.0 -0.1 -0.1 -0.1 0.0

Transportation equipment manufacturing

336

14.396 111.9 111.9 -0.2 0.0 0.0 0.2 0.0

Furniture and related product manufacturing

337

1.345 115.2 115.2 0.7 -0.1 0.3 0.0 0.0

Miscellaneous manufacturing

339

4.701 121.9 121.9 0.8 0.2 0.7 -0.2 0.0

Footnotes
(1) Relative importance figures are based on 2012 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: May 2013 to May 2014
[December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

Nonmanufactured articles

  7.546 168.6 169.4 -1.5 6.9 8.2 -13.7 0.5

Agriculture, forestry, fishing and hunting

11

5.207 204.9 205.2 -2.7 1.2 3.8 0.6 0.1

Crop production

111

4.803 212.3 213.7 -2.7 1.4 3.9 0.8 0.7

Mining

21

2.339 95.3 96.4 1.9 17.5 15.1 -34.4 1.2

Mining (except oil and gas)

212

1.326 99.1 98.4 -7.5 -0.9 -0.2 -1.1 -0.7

Manufactured articles

  90.532 120.9 120.9 0.4 0.4 0.4 -0.3 0.0

Manufactured goods, part 1

31

7.201 157.2 158.1 4.8 0.7 1.2 1.9 0.6

Food manufacturing

311

5.083 181.6 183.1 6.1 0.6 1.5 2.6 0.8

Beverage and tobacco product manufacturing

312

0.548 124.2 123.1 -3.1 2.7 0.0 -0.6 -0.9

Leather and allied product manufacturing (Dec. 2013=100)

316

0.290 106.5 107.1 - 0.8 2.6 1.5 0.6

Manufactured goods, part 2

32

26.031 132.0 132.0 -0.4 0.4 0.7 -2.3 0.0

Wood product manufacturing

321

0.484 131.3 132.2 12.5 -0.3 2.7 3.3 0.7

Paper manufacturing

322

1.816 124.8 124.9 2.7 1.3 0.4 -0.6 0.1

Petroleum and coal products manufacturing

324

7.295 164.9 165.7 4.1 1.8 1.9 -7.6 0.5

Chemical manufacturing

325

13.236 127.5 127.1 -3.2 -0.3 0.0 -0.2 -0.3

Plastics and rubber products manufacturing

326

2.152 118.9 119.1 -1.7 -0.2 -0.2 0.3 0.2

Nonmetallic mineral product manufacturing

327

0.769 113.1 113.3 2.1 0.4 0.2 0.4 0.2

Manufactured goods, part 3

33

57.300 113.1 113.0 0.3 0.3 0.3 0.3 -0.1

Primary metal manufacturing

331

4.705 150.3 148.7 -6.4 1.2 1.7 1.0 -1.1

Fabricated metal product manufacturing

332

2.766 131.4 131.4 -0.2 0.0 -0.5 0.2 0.0

Machinery manufacturing

333

11.627 123.4 123.8 1.4 0.0 0.1 0.0 0.3

Computer and electronic product manufacturing

334

13.742 87.9 88.0 -0.7 -0.1 0.1 0.0 0.1

Electrical equipment, appliance, and component manufacturing

335

3.464 114.7 114.1 0.0 0.2 0.2 0.1 -0.5

Transportation equipment manufacturing

336

15.563 119.8 119.9 1.7 0.6 0.1 0.3 0.1

Furniture and related product manufacturing (Dec. 2011=100)

337

0.360 107.7 107.8 2.3 -1.4 1.0 0.5 0.1

Miscellaneous manufacturing

339

5.074 125.6 125.4 3.1 0.4 1.1 0.5 -0.2

Footnotes
(1) Relative importance figures are based on 2012 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: May 2013 to May 2014
[2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

Live animals; animal products

I

1.328 201.0 198.9 12.3 1.0 1.7 1.3 -1.0

Meat and edible meat offal

02

0.294 247.0 243.6 11.0 2.1 3.3 4.2 -1.4

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.728 147.5 146.1 10.7 0.4 0.1 -1.1 -0.9

Vegetable products

II

1.724 209.2 209.8 -1.5 -3.1 8.2 -1.3 0.3

Edible vegetables, roots, and tubers

07

0.375 354.1 406.9 15.2 -18.2 9.8 -1.7 14.9

Edible fruit and nuts; peel of citrus fruit or melons

08

0.511 127.2 111.2 -9.3 -1.1 16.8 -0.5 -12.6

Coffee, tea, mate and spices

09

0.326 232.7 246.8 2.7 7.1 7.9 -8.4 6.1

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

III

0.248 115.6 115.9 -0.8 -0.6 4.5 -1.2 0.3

Prepared foodstuffs, beverages, and tobacco

IV

2.485 160.4 159.9 1.4 0.3 0.4 0.3 -0.3

Sugars and sugar confectionary (Dec. 2012=100)

17

0.164 87.5 89.3 -6.5 0.8 1.4 -0.1 2.1

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.237 108.4 107.1 22.1 -1.7 7.1 2.1 -1.2

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

19

0.244 131.3 131.3 -0.2 0.0 -0.1 0.1 0.0

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

20

0.304 168.3 169.1 2.6 2.4 -0.2 0.1 0.5

Beverages, spirits, and vinegar

22

0.937 126.0 126.0 1.1 0.3 0.0 0.0 0.0

Mineral products

V

19.689 342.8 344.9 3.0 6.1 1.1 -2.5 0.6

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

27

19.422 339.8 341.9 3.2 6.1 1.1 -2.6 0.6

Products of the chemical or allied industries

VI

8.166 152.9 152.9 1.7 0.1 0.3 0.4 0.0

Inorganic chemicals

28

0.637 323.8 331.4 -5.9 -2.1 1.2 6.0 2.3

Organic chemicals

29

2.415 136.8 135.3 -0.1 0.7 -0.1 -0.6 -1.1

Pharmaceutical products

30

3.331 133.1 133.7 7.0 0.2 -0.1 0.2 0.5

Fertilizers (Dec. 2009=100)

31

0.325 112.4 111.0 -12.0 -0.9 5.3 -1.3 -1.2

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

32

0.174 102.2 102.1 8.7 0.6 0.9 0.8 -0.1

Miscellaneous chemical products

38

0.464 93.4 93.4 -7.5 -0.2 -0.1 0.2 0.0

Plastics and articles thereof; rubber and articles thereof

VII

3.162 148.4 148.4 -2.6 -0.1 0.0 -0.4 0.0

Plastics and articles thereof

39

2.014 149.8 149.8 1.4 0.1 0.4 -0.1 0.0

Rubber and articles thereof

40

1.148 147.5 147.4 -8.9 -0.6 -0.7 -0.7 -0.1

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

VIII

0.616 128.2 128.7 2.2 0.2 0.8 -0.2 0.4

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

42

0.570 129.7 130.4 2.3 0.1 0.8 -0.1 0.5

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

IX

0.657 147.5 146.1 -7.7 0.5 -0.1 -0.9 -0.9

Woodpulp, recovered paper, and paper products

X

1.036 113.2 113.9 0.4 0.0 -0.4 -0.3 0.6

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

48

0.686 107.3 107.1 0.2 -0.2 0.0 0.1 -0.2

Printed matter (Dec. 2013=100)

49

0.193 99.6 100.8 - -0.2 -0.2 0.0 1.2

Textile and textile articles

XI

4.722 114.4 114.4 0.4 -0.3 0.3 0.4 0.0

Articles of apparel and clothing accessories, knitted or crocheted

61

1.843 103.2 103.3 0.0 -0.5 0.6 0.4 0.1

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.713 119.3 119.3 1.7 0.1 0.0 0.3 0.0

Made-up or worn textile articles

63

0.548 107.9 108.0 -0.3 -0.1 0.0 0.0 0.1

Headgear, umbrellas, artifical flowers, etc.

XII

1.324 121.7 121.9 0.7 0.1 0.2 0.3 0.2

Footwear and parts of such articles

64

1.143 121.2 121.3 0.9 0.2 0.2 0.4 0.1

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

XIII

0.772 132.9 132.6 0.5 0.0 -0.1 -0.2 -0.2

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

68

0.255 125.9 125.4 -0.2 0.0 -0.1 -0.2 -0.4

Ceramic products

69

0.237 141.1 141.0 0.4 0.0 0.0 0.1 -0.1

Glass and glassware

70

0.280 129.6 129.5 1.3 0.0 -0.2 -0.3 -0.1

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

XIV

2.665 183.7 182.0 -4.7 1.2 2.8 0.1 -0.9

Base metals and articles of base metals

XV

5.283 180.9 182.4 0.4 0.3 0.2 -0.2 0.8

Iron and steel

72

1.265 221.7 222.6 2.6 1.1 0.2 0.0 0.4

Articles of iron or steel

73

1.665 153.0 153.8 -1.7 -0.2 1.2 -0.7 0.5

Copper and articles thereof

74

0.430 323.5 329.0 -1.0 0.3 -3.4 -3.2 1.7

Aluminum and articles thereof

76

0.701 136.4 137.8 1.0 0.9 0.1 0.2 1.0

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

82

0.393 129.5 129.5 0.2 0.0 -0.2 0.6 0.0

Miscellaneous articles of base metal

83

0.442 136.5 136.6 0.4 -0.1 0.1 0.4 0.1

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

XVI

27.004 84.3 84.5 -0.7 -0.1 -0.1 0.0 0.2

Machinery and mechanical appliances; parts thereof

84

13.990 89.1 89.6 -0.1 -0.2 0.0 -0.2 0.6

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

85

13.014 79.7 79.6 -1.4 -0.1 -0.3 0.3 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

12.073 116.2 116.2 -0.2 0.0 0.0 0.2 0.0

Motor vehicles and their parts

87

11.059 114.9 115.0 -0.2 0.0 0.0 0.2 0.1

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

88

0.913 120.0 119.7 -0.3 0.1 -0.1 -0.3 -0.3

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

XVIII

3.425 104.5 104.5 0.7 -0.4 0.4 -0.1 0.0

Optical, photographic, measuring and medical instruments

90

3.125 101.2 101.2 0.5 -0.5 0.4 -0.1 0.0

Clocks and watches and parts thereof

91

0.243 144.8 144.7 2.8 -0.3 0.3 0.6 -0.1

Miscellaneous manufactured articles

XX

3.541 113.3 113.3 0.2 -0.1 0.2 0.1 0.0

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

94

2.059 117.4 117.4 0.3 -0.1 0.3 0.1 0.0

Toys, games and sports equipment; parts and accessories thereof

95

1.249 105.7 105.7 0.6 0.0 0.1 0.2 0.0

Miscellaneous manufactured articles

96

0.232 135.5 135.1 -2.3 0.1 -0.4 0.0 -0.3

Footnotes
(1) Relative importance figures are based on 2012 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: May 2013 to May 2014
[2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

Live animals; animal products

I

2.205 245.0 245.2 14.5 2.1 3.1 4.7 0.1

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

02

1.258 182.8 186.7 12.5 1.2 2.9 6.1 2.1

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.361 208.2 203.4 7.7 2.4 -0.6 2.9 -2.3

Vegetable products

II

4.807 258.3 261.1 -2.6 0.4 3.8 0.7 1.1

Edible fruit and nuts; peel of citrus fruit or melons

08

1.161 181.9 185.0 17.8 1.8 -0.5 -4.4 1.7

Cereals

10

1.200 265.5 270.6 -11.4 1.8 6.7 2.9 1.9

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

12

1.989 289.8 290.8 1.3 0.6 5.7 2.3 0.3

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

III

0.255 117.2 116.3 -14.9 -3.0 3.5 1.8 -0.8

Prepared foodstuffs, beverages,and tobacco

IV

2.945 170.1 170.3 2.6 0.6 0.5 1.3 0.1

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

20

0.351 119.2 119.2 5.4 -0.3 1.8 2.0 0.0

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

22

0.484 111.5 111.6 -1.3 -1.3 0.3 0.5 0.1

Residues and waste from the food industries; prepared animal feed

23

0.771 283.6 284.7 9.8 4.7 1.6 1.3 0.4

Mineral products

V

9.629 300.5 301.7 2.9 4.7 4.5 -13.5 0.4

Ores, slag and ash (Dec. 2012=100)

26

0.425 91.7 93.7 0.1 -1.3 -0.2 -1.0 2.2

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

27

9.023 298.1 299.0 3.2 5.1 4.8 -14.2 0.3

Products of the chemical or allied industries

VI

10.690 148.8 148.5 -3.9 -0.7 0.0 -0.5 -0.2

Inorganic chemicals

28

0.874 172.2 173.6 -7.9 0.5 -0.6 -1.4 0.8

Organic chemicals

29

3.059 160.8 160.8 -2.3 -0.4 -0.1 -1.1 0.0

Pharmaceutical products

30

2.556 115.4 115.4 -6.0 -2.0 -0.1 0.0 0.0

Fertilizers (Dec. 2012=100)

31

0.304 85.3 84.9 -11.8 3.2 2.6 12.4 -0.5

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.702 133.3 133.5 -3.6 -1.8 0.1 -0.1 0.2

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

34

0.459 119.8 119.6 0.2 0.0 -1.3 0.0 -0.2

Miscellaneous chemical products

38

1.765 155.1 153.3 -2.0 -0.1 0.6 -1.8 -1.2

Plastics and articles thereof; rubber and articles thereof

VII

5.182 150.9 150.5 0.3 0.3 0.4 0.3 -0.3

Plastics and articles thereof

39

4.205 145.5 145.2 1.7 0.5 0.3 0.2 -0.2

Rubber and articles thereof

40

0.977 173.8 173.1 -5.6 -0.2 0.5 0.5 -0.4

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

VIII

0.445 158.6 158.9 8.4 1.3 2.1 1.0 0.2

Woodpulp, recovered paper, and paper products

X

2.273 125.2 124.9 2.5 1.6 0.5 -0.7 -0.2

Woodpulp and recovered paper

47

0.693 132.1 130.7 1.3 2.6 0.3 0.6 -1.1

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

48

1.154 122.8 123.0 3.3 1.6 0.7 -1.7 0.2

Textile and textile articles

XI

1.939 136.3 135.9 3.7 0.7 0.8 -0.5 -0.3

Cotton, including yarns and woven fabrics thereof

52

0.638 157.4 156.0 7.2 2.0 3.2 -1.0 -0.9

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

XIII

0.739 119.9 120.3 1.8 0.4 0.3 0.3 0.3

Glass and glassware

70

0.378 98.3 98.8 1.3 0.1 0.1 0.4 0.5

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

XIV

4.481 253.8 250.2 -4.2 1.4 3.0 1.8 -1.4

Base metals and articles of base metals

XV

5.286 164.5 165.7 0.0 -0.8 -0.1 -0.5 0.7

Iron and steel

72

1.416 191.0 194.3 4.0 -2.2 1.7 0.8 1.7

Copper and articles thereof

74

0.586 223.4 224.3 -2.8 -2.5 0.1 -4.1 0.4

Aluminum and articles thereof

76

0.807 117.1 119.4 -2.8 1.1 -1.6 -2.3 2.0

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

82

0.397 137.9 139.3 4.9 0.0 0.4 -1.1 1.0

Miscellaneous articles of base metal

83

0.310 147.1 147.1 0.1 0.1 0.1 0.1 0.0

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

XVI

27.664 97.4 97.5 0.3 0.2 0.2 0.0 0.1

Machinery and mechanical appliances; parts thereof

84

16.709 112.7 112.9 1.3 0.4 0.2 0.2 0.2

Electrical machinery and equipment and parts and accessories thereof

85

10.955 80.9 80.8 -1.2 0.0 0.1 -0.1 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.363 129.7 129.9 1.5 0.1 0.1 0.3 0.2

Motor vehicles and their parts

87

8.695 114.9 115.0 1.1 -0.2 0.0 0.3 0.1

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

XVIII

5.978 107.7 107.8 0.7 0.0 0.1 0.2 0.1

Miscellaneous manufactured articles

XX

1.411 110.8 110.5 -0.2 0.0 0.0 0.4 -0.3

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.784 122.4 121.7 0.5 0.0 0.2 0.5 -0.6

Toys, games and sports equipment; parts and accessories thereof

95

0.474 89.5 89.5 -1.2 -0.1 -0.3 0.2 0.0

Footnotes
(1) Relative importance figures are based on 2012 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: May 2013 to May 2014
[2000=100, unless otherwise noted]
Description Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

Industrialized Countries(2)

100.000 133.7 133.9 1.3 2.1 1.0 -1.0 0.1

Nonmanufactured articles

13.217 257.1 252.7 5.0 15.0 3.6 -4.9 -1.7

Manufactured articles

86.218 123.9 124.3 0.6 0.4 0.6 -0.4 0.3

Other Countries(3)

100.000 138.3 138.5 0.1 0.7 0.0 -0.1 0.1

Nonmanufactured articles

20.043 347.8 349.0 2.0 2.2 0.8 0.1 0.3

Manufactured articles

79.707 109.8 109.9 -0.3 0.3 -0.2 -0.2 0.1

Canada

100.000 156.2 155.0 0.9 5.0 1.7 -2.4 -0.8

Nonmanufactured articles

33.948 249.2 244.9 6.2 15.4 3.9 -5.1 -1.7

Manufactured articles

65.206 135.2 134.9 -1.7 0.3 0.5 -1.0 -0.2

European Union(4)

100.000 138.6 139.0 2.7 0.1 0.1 0.6 0.3

Manufactured articles

99.308 134.8 135.2 2.7 0.0 0.2 0.5 0.3

France (Dec. 2003=100)

100.000 122.3 122.6 0.6 0.4 -0.8 0.0 0.2

Germany (Dec. 2003=100)

100.000 119.3 119.4 3.1 -0.2 0.3 0.5 0.1

United Kingdom (Dec. 2003=100)

100.000 130.5 131.1 2.7 -0.2 0.2 0.7 0.5

Latin America(5)

100.000 172.9 173.2 -0.5 0.9 0.1 -0.3 0.2

Nonmanufactured articles

29.060 369.0 369.4 -0.3 1.8 1.3 -0.1 0.1

Manufactured articles

70.536 130.7 131.0 -0.3 0.5 -0.4 -0.4 0.2

Mexico (Dec. 2003=100)

100.000 142.3 141.9 -1.7 -0.3 1.1 -0.1 -0.3

Nonmanufactured articles (Dec. 2008=100)

17.296 202.8 199.7 -1.9 -0.6 6.7 0.2 -1.5

Manufactured articles (Dec. 2008=100)

82.455 92.7 92.7 -1.5 -0.2 0.0 -0.1 0.0

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

100.000 102.7 102.8 -0.6 -0.1 -0.1 -0.1 0.1

China (Dec. 2003=100)

100.000 103.7 104.0 0.5 0.2 -0.1 -0.1 0.3

Japan

100.000 99.1 99.0 -1.9 -0.1 0.2 -0.1 -0.1

Asian NICs(7)

100.000 88.8 88.8 -2.6 -0.1 -0.2 -0.6 0.0

ASEAN (Dec. 2003=100)(8)

100.000 104.1 104.2 -0.5 -0.4 0.2 -0.4 0.1

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

100.000 268.9 269.2 1.7 3.4 0.8 0.7 0.1

Footnotes
(1) Relative importance figures are based on 2012 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
(3) Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
(4) European Union countries.
(5) Mexico, Central America, South America and the Caribbean.
(6) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines and the Asian Newly Industrialized Countries.
(7) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea and Taiwan.
(8) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
(9) 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: May 2013 to May 2014
[2000=100, unless otherwise noted]
Description Relative
import-
ance
Apr.
2014(1)
Index Percent change
Apr.
2014
May
2014
Annual Monthly
May
2013
to
May
2014
Jan.
2014
to
Feb.
2014
Feb.
2014
to
Mar.
2014
Mar.
2014
to
Apr.
2014
Apr.
2014
to
May
2014

Air Freight

Import Air Freight

100.000 175.8 175.3 1.7 -0.6 0.2 -0.5 -0.3

Europe (Dec. 2003=100)

28.237 180.2 180.3 9.9 -0.5 -0.2 -0.6 0.1

Asia

67.476 151.5 150.8 -0.7 -0.7 0.4 -0.5 -0.5

Export Air Freight

100.000 151.5 160.6 8.7 0.2 0.0 0.2 6.0

Europe (Dec. 2006=100)

35.680 135.9 143.2 7.8 0.4 -0.1 0.1 5.4

Inbound Air Freight

100.000 164.3 165.0 1.9 -0.7 1.0 -0.2 0.4

Europe (Dec. 2003=100)

27.301 159.3 159.4 7.4 -0.2 0.0 -0.3 0.1

Asia

62.240 146.4 147.3 0.3 -1.0 1.7 -0.3 0.6

Outbound Air Freight

100.000 148.3 153.1 3.9 0.0 0.4 -0.2 3.2

Europe (Dec. 2003=100)

33.318 165.7 171.6 6.8 0.0 0.0 -0.1 3.6

Asia

47.263 141.0 145.3 3.0 0.1 0.7 -0.4 3.0

Air Passenger Fares

Import Air Passenger Fares

100.000 191.0 195.0 5.0 0.3 -3.4 0.3 2.1

Europe

42.171 209.4 217.3 4.3 3.2 -5.1 -1.4 3.8

Asia

23.370 146.1 158.2 1.9 -3.4 -3.4 -1.2 8.3

Latin America/Caribbean

9.218 174.1 168.4 2.1 -1.4 1.8 3.2 -3.3

Export Air Passenger Fares

100.000 183.9 188.6 -0.7 -12.5 3.6 3.0 2.6

Europe

27.536 224.7 234.3 5.7 0.0 2.9 3.8 4.3

Asia

28.347 152.5 165.1 -0.8 -21.3 4.1 2.1 8.3

Latin America/Caribbean

19.336 194.8 196.0 7.5 -7.6 1.8 -4.0 0.6

Footnotes
(1) Relative importance figures are based on 2012 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). 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: June 12, 2014