Technical Information: USDL-04-1306 (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 Wednesday, July 14, 2004 U.S. IMPORT AND EXPORT PRICE INDEXES - JUNE 2004 - The U.S. Import Price Index declined 0.2 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The decrease was the first since September 2003 and was led by lower petroleum prices. Export prices also decreased in June, falling 0.6 percent. The decline in export prices was the first since last July and the largest drop since October 2001. 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 June 0.9 5.4 0.4 -0.2 -0.5 -0.1 July 0.5 5.2 0.0 -0.1 -0.1 -0.1 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 r 0.2 0.8 3.5 r 0.5 April 0.2 -0.4 0.2 r 0.7 2.8 r 0.5 May 1.4 r 9.4 r 0.3 r 0.4 r 0.5 0.3 r June -0.2 -1.0 0.0 -0.6 -4.6 -0.1 June 2002-03 2.2 13.0 1.1 1.5 9.2 0.9 June 2003-04 5.6 34.3 2.4 4.0 16.2 2.9 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices fell 0.2 percent in June following a 1.4 percent increase the previous month. Prices for petroleum fell 1.0 percent last month after rising 9.4 percent in May, the largest monthly gain for the index since February 2003. Prices for petroleum imports were up 34.3 percent over the past year. Nonpetroleum import prices were unchanged in June 2004, the first month since October 2003 that these prices did not increase. For the year ended in June, prices for nonpetroleum imports were up 2.4 percent and overall import prices rose 5.6 percent. The price index for import foods, feeds, and beverages fell 0.5 percent in June, led by lower prices for vegetables and fruits. Foods, feeds, and beverages prices rose 5.6 percent over the past 12 months. Prices for capital goods and for nonpetroleum industrial supplies and materials also decreased in June, each declining 0.1 percent. Lower computer prices and the recent appreciation of the U.S. dollar both contributed to the fall in capital goods prices. The decrease in prices for nonpetroleum industrial supplies and materials was led by downturns in the price indexes for both building materials and unfinished metals. For the year ended in June, prices for capital goods fell 1.4 percent, whereas nonpetroleum industrial supplies and materials prices were up 11.8 percent. In contrast, prices for automotive vehicles rose 0.2 percent in June. The price index for automotive vehicles has not posted a decline since September and was up 1.6 percent over the past 12 months. Consumer goods prices were unchanged in June and were up 0.4 percent for the June 2003-2004 period. Export Goods Export prices fell 0.6 percent in June, as both agricultural and nonagricultural prices contributed to the decline. The price index for agricultural exports fell 4.6 percent in June, marking the first monthly decline since August 2003 and the largest decrease since September 1996. A downturn in soybean prices led the fall in agricultural prices, although widespread declines in the prices of other grains and vegetables also contributed to the overall decrease. Nonagricultural prices fell in June by 0.1 percent. The index had not posted a decline since September and was up 2.9 percent for the year ended in June. Overall export prices increased 4.0 percent over the same period. The drop in nonagricultural prices was led by a 0.6 percent decrease in the index for nonagricultural industrial supplies and materials. Downturns in metals and fuel prices contributed to the decline. Nonagricultural industrial supplies and materials prices had increased in each of the last 10 months and were up 9.7 percent over the past year. Prices for each of the major finished goods categories were unchanged in June. The price indexes for capital goods and for consumer goods also were unchanged in May but were up 0.5 percent and 0.8 percent, respectively, over the past 12 months. Automotive vehicle prices increased a modest 0.1 percent in May and were up 0.7 percent for the year ended in June. Imports by Locality of Origin Prices for imports from Japan fell 0.3 percent in June after rising 0.2 percent in May. The decline paralleled the recent appreciation of the U.S. dollar against the Japanese yen. Import prices from Japan were up 0.8 percent over the past 12 months. Import prices from the Asian Newly Industrialized Countries were unchanged in June after ticking up 0.1 percent the previous month. For the year ended in June, the index fell 0.7 percent. Prices for imports from Latin America fell 0.5 percent in June, which was the first monthly decline for the index since September 2003. Despite the June decrease, import prices from Latin America rose 9.3 percent over the year. Import prices from Canada and from the European Union both were unchanged in June. Prices of imports from Canada were up 8.4 percent for the year ended in June, and import prices from the European Union increased 5.4 percent over the same period. Import and Export Services Import air passenger fares rose 9.7 percent in June after a modest 0.9 percent rise in the previous month. The June increase was led by higher seasonal rates for both European and Asian fares. For the year ended in June, overall import fares rose 0.7 percent. Export air passenger fares rose at a more moderate 0.2 percent in June and were up 5.8 percent over the past 12 months. The price index for import air freight rose 0.3 percent for the March- June quarter and was up 5.3 percent for the year ended in June. Export air freight was up for the third consecutive quarter, rising 2.1 percent for the second quarter of 2004. Over the past 12 months, the index rose 4.1 percent. 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 July are scheduled for release on August 12 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May END Description 2003 2004 2004 2004 2004 USE May May June to to to to to 2004 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES.......................................... 100.000 101.8 101.6 5.6 0.8 0.2 1.4 -0.2 ALL IMPORTS EXCLUDING PETROLEUM.......................... 86.581 99.6 99.6 2.4 0.2 0.2 0.3 0.0 ALL IMPORTS EXCLUDING FUELS (200112=100)...................................... 84.764 102.8 102.7 2.4 0.4 0.2 0.2 -0.1 0 FOODS, FEEDS, & BEVERAGES.............................. 4.568 106.8 106.3 5.6 0.6 1.2 -0.4 -0.5 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.368 114.1 113.6 6.1 -0.4 1.1 -0.1 -0.4 01 Nonagricultural foods (fish, distilled beverages) 1.200 90.3 89.9 3.8 3.3 1.7 -1.4 -0.4 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 29.868 119.5 118.8 21.0 2.5 0.9 5.1 -0.6 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 16.450 111.8 111.7 11.8 0.6 1.9 1.7 -0.1 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (200112=100).................. 14.633 120.3 119.5 13.1 2.3 1.7 1.5 -0.7 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 9.144 114.1 112.4 20.0 3.2 2.9 2.2 -1.5 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.306 109.1 110.8 3.4 -2.5 0.7 1.2 1.6 10 Fuels & lubricants............................... 15.236 130.7 130.2 29.8 2.7 0.1 8.6 -0.4 100 Petroleum & petroleum products............... 13.419 130.8 129.5 34.3 5.1 -0.4 9.4 -1.0 10000 Crude................................ 9.782 130.6 128.4 30.8 4.7 0.4 7.8 -1.7 11 Paper & paper base stocks........................ 1.063 98.2 98.8 5.0 1.5 1.3 1.4 0.6 12 Materials associated with nondurable supplies & materials...................... 4.554 105.2 105.8 2.7 0.6 -0.3 0.1 0.6 13 Selected building materials...................... 2.378 123.6 120.2 24.3 4.1 1.5 2.8 -2.8 14 Unfinished metals related to durable goods....... 3.602 126.0 123.8 34.3 4.9 5.7 3.8 -1.7 15 Finished metals related to durable goods......... 1.441 107.4 107.1 10.0 1.6 2.3 0.2 -0.3 16 Nonmetals related to durable goods............... 1.595 99.0 99.0 0.8 0.1 -0.1 -0.2 0.0 2 CAPITAL GOODS.......................................... 23.003 92.6 92.5 -1.4 0.0 -0.5 0.0 -0.1 20 Electric generating equipment.................... 2.798 97.1 97.0 0.4 -0.1 -0.6 -0.1 -0.1 21 Nonelectrical machinery.......................... 17.963 90.5 90.4 -2.1 0.0 -0.8 0.0 -0.1 22 Transportation equipment excluding motor vehicles (200112=100)............... 2.241 104.0 104.0 2.0 0.1 0.5 0.0 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 17.124 102.0 102.2 1.6 0.1 0.2 0.0 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 25.436 98.5 98.5 0.4 0.0 -0.1 -0.1 0.0 40 Nondurables, manufactured........................ 12.435 100.9 100.9 1.1 0.1 -0.3 -0.1 0.0 41 Durables, manufactured........................... 11.736 96.0 96.2 -0.3 0.0 0.0 -0.3 0.2 42 Nonmanufactured consumer goods................... 1.265 97.3 96.8 0.6 0.2 0.0 0.9 -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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May END Description 2003 2004 2004 2004 2004 USE May May June to to to to to 2004 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 104.1 103.5 4.0 0.8 0.7 0.4 -0.6 AGRICULTURAL COMMODITIES.................................... 10.112 134.0 127.8 16.2 3.5 2.8 0.5 -4.6 NONAGRICULTURAL COMMODITIES................................. 89.888 101.7 101.6 2.9 0.5 0.5 0.3 -0.1 0 FOODS, FEEDS, & BEVERAGES................................. 9.299 136.0 129.7 16.5 3.9 3.5 0.7 -4.6 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 8.543 138.4 131.5 18.3 4.1 3.7 0.8 -5.0 01 Nonagricultural foods (fish, distilled beverages)... 0.756 113.4 112.3 -0.7 1.3 1.5 -0.4 -1.0 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 26.424 110.3 109.5 9.4 1.6 1.0 1.0 -0.7 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 10.056 112.5 111.3 11.6 2.2 1.5 0.4 -1.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 16.369 109.2 108.6 8.0 1.2 0.6 1.5 -0.5 10 Agricultural industrial supplies & materials........ 1.569 113.9 111.2 6.5 0.5 -2.0 -0.9 -2.4 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 24.856 110.2 109.5 9.7 1.7 1.1 1.2 -0.6 11 Fuels & lubricants.................................. 2.889 118.3 115.0 18.6 2.3 1.2 7.4 -2.8 12 Nonagricultural supplies & materials excluding fuels & building materials......... 20.775 109.9 109.5 8.7 1.6 1.2 0.5 -0.4 13 Selected building materials......................... 1.192 103.5 102.8 6.7 1.4 0.9 0.3 -0.7 2 CAPITAL GOODS............................................. 40.997 98.1 98.1 0.5 0.2 0.1 0.0 0.0 20 Electrical generating equipment..................... 3.934 101.3 101.6 0.0 0.1 -0.5 -0.2 0.3 21 Nonelectrical machinery............................. 29.543 94.7 94.6 0.1 0.2 0.1 0.1 -0.1 22 Transportation equipment excluding motor vehicles (200112=100).................. 7.519 106.9 107.2 3.1 0.1 0.3 0.0 0.3 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 11.394 102.3 102.3 0.7 -0.1 0.3 0.1 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 11.885 100.4 100.4 0.8 0.1 0.2 0.0 0.0 40 Nondurables, manufactured........................... 5.821 100.1 99.9 1.1 0.0 0.2 0.0 -0.2 41 Durables, manufactured.............................. 5.327 100.6 100.6 0.5 0.1 0.4 0.1 0.0 42 Nonmanufactured consumer goods (200112=100)......... 0.736 100.7 101.1 0.6 -0.3 -0.1 -0.3 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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May SITC Description 2003 2004 2004 2004 2004 Rev. 3 May May June to to to to to 2004 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 101.8 101.6 5.6 0.8 0.2 1.4 -0.2 0 FOOD AND LIVE ANIMALS..................................... 3.590 105.9 105.5 6.1 0.7 0.9 -0.5 -0.4 01 Meat and meat preparations.......................... 0.425 125.1 126.5 22.9 2.0 1.1 2.8 1.1 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.859 83.5 83.3 2.5 4.1 2.0 -1.8 -0.2 05 Vegetables, fruit and nuts, fresh or dried.......... 0.860 105.5 101.8 -6.5 -3.8 -1.6 -3.7 -3.5 07 Coffee, tea, cocoa, spices and manufactures thereof. 0.414 102.5 108.0 13.9 -0.2 1.8 -1.0 5.4 2/ Other food and live animals............................... 1.032 124.3 123.4 11.5 2.1 1.8 2.2 -0.7 1 BEVERAGES AND TOBACCO..................................... 0.926 105.4 105.2 1.3 0.3 0.0 0.1 -0.2 11 Beverages........................................... 0.816 105.7 105.6 1.8 0.3 0.0 0.2 -0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 2.198 127.2 125.4 26.0 5.2 2.4 3.5 -1.4 24 Cork and wood....................................... 0.917 139.0 136.0 44.1 6.6 3.6 8.8 -2.2 25 Woodpulp and recovered paper........................ 0.262 103.4 106.0 11.2 3.8 5.7 2.6 2.5 28 Metalliferous ores and metal scrap.................. 0.387 143.5 140.3 40.7 10.0 0.1 -3.2 -2.2 29 Crude animal and vegetable materials, n.e.s......... 0.229 102.1 98.0 -6.6 0.2 -0.4 2.8 -4.0 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 14.892 131.3 130.8 28.6 2.6 0.0 8.7 -0.4 33 Petroleum, petroleum products and related materials. 13.156 131.2 129.8 33.0 4.8 0.0 9.3 -1.1 34 Gas, natural and manufactured....................... 1.736 129.5 135.1 3.8 -10.4 0.3 5.0 4.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 7.639 103.4 103.8 3.7 0.4 -0.3 -0.1 0.4 51 Organic chemicals................................... 2.562 99.1 99.9 3.0 0.0 0.7 -0.3 0.8 52 Inorganic chemicals................................. 0.593 117.1 119.2 12.0 -0.1 -3.8 1.0 1.8 53 Dyeing, tanning and coloring materials.............. 0.206 100.6 100.6 2.7 -0.2 1.1 0.0 0.0 54 Medicinal and pharmaceutical products............... 2.266 107.3 107.0 4.4 0.4 -0.4 -0.4 -0.3 55 Essential oils; polishing and cleansing preps....... 0.329 93.4 93.4 -6.0 0.4 -0.2 -0.1 0.0 57 Plastics in primary forms........................... 0.600 106.0 105.1 -0.9 1.6 -1.3 0.5 -0.8 58 Plastics in nonprimary forms........................ 0.373 102.7 102.8 2.0 0.5 0.0 -0.2 0.1 59 Chemical materials and products, n.e.s.............. 0.526 95.2 95.3 3.3 0.9 -0.3 -0.3 0.1 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 12.221 106.9 105.8 12.1 2.2 1.8 1.3 -1.0 62 Rubber manufactures, n.e.s.......................... 0.655 100.0 100.1 0.9 0.5 0.2 0.1 0.1 63 Cork and wood manufactures other than furniture..... 0.923 127.7 118.4 23.6 7.4 1.0 -1.1 -7.3 64 Paper and paperboard, cut to size................... 1.242 95.5 95.4 2.0 0.5 -0.2 0.7 -0.1 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod........... 1.435 103.8 103.8 3.0 0.1 0.3 -0.2 0.0 66 Nonmetallic mineral manufactures, n.e.s............. 2.167 99.4 99.6 1.7 0.1 0.3 0.1 0.2 67 Iron and steel...................................... 1.762 138.7 141.1 39.4 4.5 7.8 7.9 1.7 68 Nonferrous metals................................... 1.927 107.3 102.5 31.2 5.8 3.1 1.4 -4.5 69 Manufactures of metals, n.e.s....................... 2.004 102.3 102.2 4.0 0.8 1.2 0.0 -0.1 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 41.224 95.2 95.3 -0.5 0.0 -0.3 0.0 0.1 71 Power generating machinery and equipment............ 2.909 101.7 101.7 1.8 0.1 0.5 -0.1 0.0 72 Machinery specialized for particular industries..... 1.622 106.7 106.5 5.0 0.3 -0.2 0.2 -0.2 73 Metalworking machinery.............................. 0.445 106.4 106.2 1.0 0.0 -0.7 -0.3 -0.2 74 General industrial machinery, equipment, & machine parts, n.e.s............ 3.111 103.4 103.1 2.3 0.8 0.1 0.0 -0.3 75 Computer equipment and office machines.............. 5.663 76.4 76.3 -6.7 -0.4 -1.5 -0.1 -0.1 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 5.022 84.9 84.8 -5.0 -0.4 -0.2 0.0 -0.1 77 Electrical machinery and equipment.................. 6.676 94.8 94.7 -0.7 -0.1 -0.7 -0.1 -0.1 78 Road vehicles....................................... 14.259 102.2 102.5 1.8 0.0 0.2 0.0 0.3 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 16.847 99.8 100.0 0.3 0.1 -0.1 -0.2 0.2 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s................... 0.446 93.5 93.5 -1.4 0.1 0.4 -0.1 0.0 82 Furniture and parts thereof......................... 1.864 102.1 102.2 2.0 0.5 1.2 0.1 0.1 83 Travel goods, handbags and similar containers....... 0.383 103.5 103.4 1.8 0.1 -0.1 0.0 -0.1 84 Articles of apparel and clothing accessories........ 5.375 100.5 100.5 -0.1 -0.1 -0.1 0.0 0.0 85 Footwear............................................ 1.305 100.6 100.6 0.6 0.1 0.0 0.0 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 1.770 99.5 99.5 0.0 0.0 0.0 -0.1 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.965 99.3 99.0 -1.0 -0.3 -0.6 -0.1 -0.3 89 Miscellaneous manufactured articles, n.e.s.......... 4.739 98.2 98.8 0.5 0.2 -0.5 -0.7 0.6 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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance June Feb. March April May SITC Description 2003 2004 2004 2004 2004 Rev. 3 May May June to to to to to 2004 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 104.1 103.5 4.0 0.8 0.7 0.4 -0.6 0 FOOD AND LIVE ANIMALS..................................... 7.142 126.6 123.8 15.2 2.3 2.7 0.5 -2.2 01 Meat and meat preparations.......................... 1.307 126.3 126.3 22.7 1.7 -0.6 0.0 0.0 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.517 110.2 109.3 1.0 1.7 2.6 0.2 -0.8 04 Cereals and cereal preparations..................... 2.152 146.0 141.4 19.3 3.3 5.8 -1.2 -3.2 05 Vegetables, fruit and nuts, fresh or dried.......... 1.352 113.2 110.7 11.1 1.6 -0.5 3.4 -2.2 08 Feeding stuff for animals (not including unmilled cereals).................. 0.818 141.8 133.1 22.3 4.0 4.9 1.1 -6.1 09 Miscellaneous edible products and preparations...... 0.460 101.7 101.6 0.1 0.4 -0.1 -0.2 -0.1 2/ Other food and live animals............................... 0.535 114.1 113.4 11.3 2.9 5.5 1.0 -0.6 1 BEVERAGES AND TOBACCO..................................... 0.699 101.8 101.6 3.5 0.2 -0.2 -0.1 -0.2 12 Tobacco and tobacco manufactures.................... 0.449 100.2 99.9 3.4 0.0 -0.3 0.0 -0.3 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 5.735 132.7 125.0 20.3 5.5 2.9 -0.1 -5.8 22 Oil seeds and oleaginous fruits..................... 1.690 199.0 168.5 37.3 12.9 8.5 1.0 -15.3 24 Cork and wood....................................... 0.545 98.1 97.9 8.3 0.9 1.1 0.5 -0.2 25 Woodpulp and recovered paper........................ 0.675 100.2 99.8 10.8 1.8 4.9 1.4 -0.4 26 Textile fibers and their waste...................... 0.604 115.1 110.0 6.6 -0.2 -4.9 -0.7 -4.4 28 Metalliferous ores and metal scrap.................. 1.230 171.8 164.5 50.9 9.3 2.8 -2.5 -4.2 2/ Other crude materials, inedible, except fuels............. 0.991 109.0 110.2 1.3 -0.8 -0.9 0.5 1.1 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 2.351 134.8 130.1 20.9 3.1 0.1 9.5 -3.5 33 Petroleum, petroleum products and related materials. 1.737 135.0 127.6 24.2 4.7 -0.2 12.7 -5.5 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 13.370 105.8 106.1 5.3 0.9 0.7 0.2 0.3 51 Organic chemicals................................... 3.040 113.9 115.3 11.8 2.2 2.2 0.6 1.2 52 Inorganic chemicals................................. 0.812 99.7 100.6 2.0 0.0 1.3 -1.1 0.9 53 Dyeing, tanning and coloring materials.............. 0.576 97.3 97.3 -1.5 0.0 -0.2 0.2 0.0 54 Medicinal and pharmaceutical products............... 2.449 105.8 106.0 1.1 0.2 0.3 0.0 0.2 55 Essential oils; polishing and cleansing preps....... 0.947 104.2 104.0 6.9 0.1 -0.1 0.0 -0.2 56 Fertilizers......................................... 0.450 137.2 132.0 12.6 6.1 2.9 -3.4 -3.8 57 Plastics in primary forms........................... 2.270 103.1 103.6 7.2 1.2 0.1 0.9 0.5 58 Plastics in nonprimary forms........................ 0.868 96.7 96.2 -2.6 0.2 -0.5 -0.2 -0.5 59 Chemical materials and products, n.e.s.............. 1.959 105.3 105.2 3.5 -0.4 0.3 0.2 -0.1 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 10.176 106.5 106.6 6.6 1.1 1.5 0.8 0.1 62 Rubber manufactures, n.e.s.......................... 0.766 110.8 111.4 1.2 -0.5 0.5 -0.1 0.5 64 Uncoated Paper/paperboard, and linerboard........... 1.488 99.1 99.5 1.2 0.1 0.9 0.3 0.4 65 Textile yarn, fabrics, and made-up articles, n.e.s.. 1.606 104.0 104.7 1.9 0.2 0.0 -0.1 0.7 66 Nonmetallic mineral manufactures, n.e.s............. 1.459 99.4 99.9 -0.5 0.1 0.0 -0.3 0.5 67 Iron and steel...................................... 1.152 141.4 142.2 33.1 4.7 7.4 5.4 0.6 68 Nonferrous metals................................... 1.117 97.6 95.0 18.3 3.5 4.3 -0.5 -2.7 69 Manufactures of metals, n.e.s....................... 2.124 107.4 108.3 3.3 0.1 0.7 1.1 0.8 2/ Other manufactured goods classified chiefly by material (200112=100)................... 0.464 122.0 118.3 13.1 1.9 0.9 0.2 -3.0 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 48.367 98.4 98.4 0.6 0.1 0.2 0.0 0.0 71 Power generating machinery and equipment............ 4.857 108.6 108.7 1.4 0.0 -0.7 0.0 0.1 72 Machinery specialized for particular industries..... 3.691 105.5 105.4 2.7 0.2 0.9 0.4 -0.1 73 Metalworking machinery.............................. 0.630 100.6 100.7 -0.3 -0.1 -0.2 -0.1 0.1 74 General industrial machinery, equipment, & parts, n.e.s.................... 4.695 104.7 104.8 2.3 0.5 0.5 0.2 0.1 75 Computer equipment and office machines.............. 5.571 88.5 88.5 0.5 0.2 0.1 0.0 0.0 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 3.407 92.3 92.3 -1.6 -0.1 -0.1 0.0 0.0 77 Electrical machinery and equipment.................. 11.216 88.5 88.3 -1.6 0.3 -0.1 0.0 -0.2 78 Road vehicles....................................... 8.757 102.4 102.4 1.3 0.0 0.4 0.1 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 11.115 100.9 100.8 -0.4 0.0 0.0 0.0 -0.1 82 Furniture and parts thereof......................... 0.633 102.5 102.3 0.9 0.0 0.0 0.1 -0.2 84 Articles of apparel and clothing accessories........ 0.859 96.9 96.9 -0.1 0.0 0.1 0.0 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 4.224 102.1 102.0 -0.2 0.0 -0.1 -0.1 -0.1 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.945 94.6 94.3 -4.7 -0.2 -0.5 0.1 -0.3 89 Miscellaneous manufactured articles, n.e.s.......... 4.073 101.6 101.3 -0.3 0.0 0.2 0.0 -0.3 2/ Other miscellaneous manufactured articles................. 0.381 106.3 107.6 4.1 0.1 0.1 0.0 1.2 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 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance June Feb. March April May nized Description 2003 2004 2004 2004 2004 System May May June to to to to to 2004 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.539 106.5 106.7 12.2 4.2 2.0 1.5 0.2 02 Meat and edible meat offal.......................... 0.380 126.4 127.7 22.7 2.6 0.1 3.1 1.0 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.677 82.8 82.5 0.7 4.4 1.8 -2.6 -0.4 2/ Other live animals; animal products................. 0.482 151.2 151.6 22.3 5.0 4.0 6.6 0.3 II VEGETABLE PRODUCTS........................................ 1.145 102.5 100.5 -2.1 -2.6 -1.2 -1.9 -2.0 07 Edible vegetables, roots, and tubers................ 0.254 110.0 101.5 -17.3 -6.5 -10.4 -9.0 -7.7 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.352 97.8 95.7 -0.8 -3.8 6.6 -0.2 -2.1 09 Coffee, tea, mate and spices........................ 0.219 88.6 97.0 24.5 0.2 -1.3 -1.2 9.5 2/ Other vegetable products............................ 0.320 112.1 106.4 -5.8 0.9 -0.4 2.1 -5.1 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.145 108.9 108.7 3.1 0.3 1.3 0.1 -0.2 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.241 101.4 100.9 1.8 0.1 0.8 -0.1 -0.5 22 Beverages, spirits, and vinegar..................... 0.826 103.7 103.6 1.5 0.4 0.0 0.2 -0.1 2/ Other prepared foodstuffs........................... 1.078 115.4 115.1 4.7 0.3 2.4 0.2 -0.3 V MINERAL PRODUCTS.......................................... 15.248 130.5 130.0 29.2 2.4 0.2 8.3 -0.4 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 14.931 129.7 129.2 29.8 2.4 0.2 8.5 -0.4 2/ Other mineral products (200112=100)................. 0.317 109.1 109.4 8.4 0.4 1.3 0.1 0.3 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 6.954 103.0 103.6 4.5 0.3 -0.3 0.0 0.6 28 Inorganic chemicals................................. 0.656 114.7 117.2 12.8 0.3 -5.3 1.4 2.2 29 Organic chemicals................................... 2.835 99.3 100.2 3.3 0.0 0.9 -0.3 0.9 30 Pharmaceutical products............................. 1.953 107.2 106.9 5.0 0.4 -0.4 -0.3 -0.3 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.202 97.9 97.9 -0.5 -0.2 0.5 0.0 0.0 33 Essential oils and resinoids (200112=100)........... 0.287 105.1 105.2 1.8 0.5 -0.3 -0.3 0.1 37 Photographic or cinematographic goods............... 0.174 97.3 97.3 -0.6 0.4 0.5 0.0 0.0 38 Miscellaneous chemical products..................... 0.393 92.2 92.1 -2.7 -0.3 -1.1 0.0 -0.1 2/ Other products of the chemical or allied industries. 0.454 112.3 113.8 10.4 2.3 0.4 0.6 1.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.738 106.1 105.7 1.7 0.7 0.1 0.0 -0.4 39 Plastics and articles thereof....................... 1.820 105.4 105.0 1.2 0.7 -0.2 0.0 -0.4 40 Rubber and articles thereof......................... 0.918 107.5 107.2 3.1 0.7 0.8 -0.2 -0.3 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.721 101.5 101.5 1.6 0.1 0.0 0.1 0.0 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.610 101.9 101.8 1.0 0.1 -0.1 0.0 -0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.866 134.4 128.8 34.0 6.1 2.0 3.2 -4.2 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.832 97.7 98.1 3.0 0.9 0.5 0.6 0.4 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard............. 0.260 102.9 105.5 10.6 3.8 5.7 2.5 2.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.257 94.7 94.7 2.2 0.5 -0.2 0.6 0.0 49 Printed matter...................................... 0.315 112.1 112.1 1.4 0.0 -0.4 -0.4 0.0 XI TEXTILE AND TEXTILE ARTICLES.............................. 6.357 100.2 100.2 0.4 0.0 -0.2 0.0 0.0 61 Articles of apparel and clothing accessories, knitted or crocheted............ 2.351 99.5 99.5 -0.5 -0.1 -0.2 0.0 0.0 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.578 100.1 100.1 0.2 -0.1 0.0 0.0 0.0 63 Made-up or worn textile articles.................... 0.461 94.4 94.5 1.6 0.0 -1.6 0.0 0.1 2/ Other textile & textile articles.................... 0.967 105.0 105.0 3.0 0.6 0.4 -0.2 0.0 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.527 99.9 99.9 0.5 0.0 0.1 -0.1 0.0 64 Footwear and parts of such articles................ 1.299 100.4 100.4 0.4 0.1 0.0 0.0 0.0 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc...................... 0.228 97.3 97.2 0.9 -0.3 0.0 -0.1 -0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 1.025 103.9 104.3 1.9 -0.1 0.4 -0.3 0.4 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)............... 0.311 99.1 99.0 -1.3 0.0 -0.2 -0.1 -0.1 69 Ceramic products.................................... 0.353 108.0 109.2 5.9 -0.1 0.7 0.0 1.1 70 Glass and glassware................................. 0.360 103.7 103.7 0.6 -0.1 0.3 -0.5 0.0 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.418 94.7 94.0 7.1 0.1 1.9 -0.9 -0.7 XV BASE METALS AND ARTICLES OF BASE METAL.................... 5.611 119.9 119.0 23.3 3.7 3.2 3.7 -0.8 72 Iron and steel...................................... 1.575 153.9 152.8 47.9 6.4 7.8 10.8 -0.7 73 Articles of iron or steel........................... 1.347 107.9 108.3 11.9 1.7 1.7 1.1 0.4 74 Copper and articles thereof......................... 0.478 125.3 120.9 28.2 8.4 1.1 -0.5 -3.5 76 Aluminum and articles thereof....................... 0.876 112.2 110.5 14.2 3.0 3.5 1.4 -1.5 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.407 103.4 103.6 5.3 1.3 0.9 0.0 0.2 83 Miscellaneous articles of base metal................ 0.455 106.8 106.8 3.6 0.6 1.9 0.0 0.0 2/ Miscellaneous nonferrous metals and articles, including scrap..................... 0.473 112.4 110.1 50.4 4.0 -0.7 6.0 -2.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 25.178 91.1 91.0 -1.9 -0.1 -0.5 -0.1 -0.1 84 Machinery and mechanical appliances; parts thereof.. 13.049 91.5 91.3 -1.7 0.0 -0.7 0.0 -0.2 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 12.129 90.7 90.6 -2.4 -0.2 -0.5 -0.1 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 15.903 102.6 102.8 1.8 0.1 0.1 0.1 0.2 87 Motor vehicles and their parts...................... 14.465 102.2 102.4 1.7 0.1 0.1 0.1 0.2 88 Aircraft, spacecraft, and parts thereof (200212=100)......................... 1.317 102.5 102.6 1.5 0.0 0.3 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.313 99.2 99.1 -0.5 -0.1 -0.2 -0.4 -0.1 90 Optical, photographic, measuring and medical instruments.......................... 2.924 98.4 98.2 -0.6 -0.1 -0.2 -0.4 -0.2 91 Clocks and watches and parts thereof................ 0.277 106.4 106.9 -0.4 0.2 -1.2 -0.5 0.5 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 4.253 97.3 97.3 -0.2 0.3 -0.2 0.1 0.0 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.275 99.6 99.6 1.3 0.4 1.0 0.0 0.0 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.740 94.4 94.4 -2.5 0.0 -1.6 0.1 0.0 96 Miscellaneous manufactured articles................. 0.239 98.3 98.3 0.5 0.3 0.1 0.1 0.0 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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance June Feb. March April May nized Description 2003 2004 2004 2004 2004 System May May June to to to to to 2004 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.987 122.5 121.6 16.4 2.0 1.2 0.4 -0.7 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.447 107.8 106.1 -3.2 1.1 1.8 -0.9 -1.6 2/ Other live animals and animal products.............. 0.344 123.8 120.2 20.9 4.4 9.1 3.7 -2.9 II VEGETABLE PRODUCTS........................................ 5.037 152.3 140.3 22.0 6.1 5.2 1.0 -7.9 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.660 105.0 111.7 14.8 3.5 1.1 1.9 6.4 10 Cereals............................................. 1.868 148.7 143.4 20.2 3.5 6.6 -1.4 -3.6 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.856 186.9 160.9 32.4 11.4 7.7 0.9 -13.9 III ANIMAL OR VEGETABLE FATS AND OILS......................... 0.399 183.7 166.2 13.4 2.4 1.5 0.1 -9.5 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.793 113.3 111.1 8.1 1.3 1.8 0.4 -1.9 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.318 105.4 105.3 -0.8 0.0 -0.6 -0.4 -0.1 21 Miscellaneous edible preparations................... 0.415 101.7 102.6 1.0 0.4 -0.1 0.0 0.9 23 Residues and waste from the food industries; prepared animal feed............. 0.767 152.2 140.7 26.0 4.5 5.9 1.5 -7.6 2/ Other prepared foods................................ 0.845 107.8 108.0 4.9 0.4 1.1 0.2 0.2 V MINERAL PRODUCTS.......................................... 2.887 132.2 128.5 20.8 3.8 0.9 6.7 -2.8 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 2.307 130.4 125.9 18.5 3.0 -0.2 9.3 -3.5 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 10.757 107.5 107.9 5.4 0.8 0.8 0.1 0.4 28 Inorganic chemicals................................. 0.905 104.1 105.4 4.9 0.3 1.4 -0.1 1.2 29 Organic chemicals................................... 3.426 113.4 114.7 10.2 1.6 1.9 0.6 1.1 30 Pharmaceutical products............................. 2.000 105.5 105.8 2.3 0.4 0.2 0.0 0.3 31 Fertilizers......................................... 0.432 133.0 127.9 10.4 6.1 2.9 -3.4 -3.8 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.585 97.5 97.5 -1.6 0.0 -0.3 0.2 0.0 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.693 107.3 106.7 8.4 0.2 0.1 0.0 -0.6 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.367 102.0 103.1 3.2 0.0 -0.4 0.1 1.1 37 Photographic or cinematographic goods............... 0.424 98.5 98.2 -4.0 -0.1 -1.4 -0.4 -0.3 38 Miscellaneous chemical products..................... 1.646 105.1 105.0 4.7 -0.2 0.4 0.1 -0.1 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.258 105.2 105.6 2.9 0.5 0.0 0.3 0.4 39 Plastics and articles thereof....................... 4.244 103.4 103.6 3.3 0.7 -0.2 0.4 0.2 40 Rubber and articles thereof......................... 1.014 111.7 112.9 1.6 -0.3 0.5 0.1 1.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.495 107.9 108.3 3.8 0.4 -2.3 -1.5 0.4 41 Raw hides and skins (other than furskins) and leather........................ 0.445 104.3 104.5 1.2 -2.7 -1.8 -1.6 0.2 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.847 104.3 103.6 11.4 1.8 1.1 0.5 -0.7 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.855 98.3 98.0 3.0 0.2 1.6 0.4 -0.3 47 Woodpulp and recovered paper........................ 0.673 96.2 95.7 11.0 1.9 4.6 1.5 -0.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.542 96.3 96.5 1.4 0.1 0.7 0.3 0.2 49 Printed material.................................... 0.640 108.6 107.0 -0.5 -0.9 0.1 -0.5 -1.5 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.910 99.4 98.7 1.0 0.1 -1.1 -0.2 -0.7 52 Cotton, including yarns and woven fabrics thereof... 0.791 99.9 96.3 10.1 -0.2 -3.9 -0.8 -3.6 61 Apparel & clothing knitted or crocheted (200112=100).................... 0.492 95.1 95.1 -0.7 0.0 0.2 0.0 0.0 62 Apparel Articles & Accessories, not knitted......... 0.374 95.7 95.7 0.3 0.0 0.1 0.0 0.0 2/ Other textile and textile articles (200112=100)..... 1.253 105.5 106.1 -0.3 0.3 -0.2 0.2 0.6 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.792 98.3 98.6 -1.6 0.5 -0.7 -0.3 0.3 70 Glass and glassware................................. 0.474 94.8 95.1 -2.1 -0.1 -1.2 -0.5 0.3 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.288 103.9 101.6 10.3 -0.4 4.4 -0.6 -2.2 XV BASE METALS AND ARTICLES OF BASE METALS................... 4.892 120.3 119.7 19.5 3.7 1.6 1.8 -0.5 72 Iron and steel...................................... 1.186 158.8 151.7 47.7 7.3 3.4 5.6 -4.5 73 Articles of iron or steel........................... 1.282 113.7 116.8 11.6 1.2 1.5 3.6 2.7 74 Copper and articles thereof......................... 0.396 119.8 121.9 30.5 9.4 -1.8 -6.8 1.8 76 Aluminum and articles thereof....................... 0.829 110.5 107.1 13.2 3.3 2.1 1.3 -3.1 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.399 101.5 102.2 1.4 -0.2 0.2 0.0 0.7 83 Miscellaneous articles of base metal................ 0.458 109.9 109.9 1.4 0.3 0.2 0.8 0.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 33.598 95.3 95.2 -0.2 0.2 0.1 0.0 -0.1 84 Machinery and mechanical appliances; parts thereof.. 18.583 100.3 100.3 1.2 0.2 0.2 0.0 0.0 85 Electrical machinery and equipment and parts and accessories thereof............ 15.015 89.7 89.5 -1.9 0.2 -0.1 0.0 -0.2 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 14.521 106.3 106.5 1.9 0.1 0.3 0.0 0.2 87 Motor vehicles and their parts...................... 9.069 102.4 102.4 1.3 0.0 0.4 0.1 0.0 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.065 101.4 101.3 0.1 0.0 -0.1 0.0 -0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.469 99.1 99.2 -1.3 0.0 -0.4 0.0 0.1 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.831 102.8 103.0 1.3 0.0 0.0 0.1 0.2 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.491 94.7 94.6 -3.7 -0.1 -1.3 -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 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage June Feb. March April May Description of 2003 2004 2004 2004 2004 U.S. May June to to to to to Imports 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 2/ Industrialized Countries............................ 49.276 104.5 104.8 6.5 0.5 0.5 0.6 0.3 Manufactured Goods............................. 45.418 102.9 103.1 5.5 0.7 0.7 0.1 0.2 Nonmanufactured Goods.......................... 3.591 130.0 130.6 14.9 -1.8 -0.5 6.3 0.5 3/ Other Countries..................................... 50.724 98.1 97.9 5.2 0.7 0.5 1.3 -0.2 Manufactured Goods............................. 43.453 96.3 96.4 1.4 0.2 0.4 0.7 0.1 Nonmanufactured Goods.......................... 7.173 123.9 121.9 24.4 3.7 0.4 4.5 -1.6 Canada.............................................. 17.463 111.8 111.8 8.4 0.6 0.5 1.1 0.0 Manufactured Goods............................. 14.664 108.7 108.5 7.3 1.5 0.7 0.6 -0.2 Nonmanufactured Goods.......................... 2.611 132.0 132.9 11.7 -4.0 0.3 4.3 0.7 4/ European Union...................................... 18.739 108.3 108.3 5.4 0.6 0.8 0.0 0.0 Manufactured Goods............................. 18.224 108.1 108.1 4.7 0.4 0.9 -0.3 0.0 Nonmanufactured Goods.......................... 0.458 135.6 133.9 25.5 6.3 -1.5 7.2 -1.3 5/ Latin America....................................... 17.761 109.4 108.9 9.3 1.0 1.3 1.6 -0.5 Manufactured Goods............................. 14.150 109.1 109.2 5.4 0.4 1.4 0.1 0.1 Nonmanufactured Goods.......................... 3.575 129.7 127.0 22.7 3.4 1.1 6.0 -2.1 Japan............................................... 10.651 95.3 95.0 0.8 0.1 -0.1 0.2 -0.3 6/ Asian Newly Industrialized Countries................ 8.019 90.9 90.9 -0.7 -0.1 0.6 0.1 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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade June Feb. March April May Description (Mil. 2003 2004 2004 2004 2004 of May June to to to to to Dollars) 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 IMPORT Air Passenger Fares............................... 18253 112.2 123.1 0.7 -0.3 7.3 0.9 9.7 Europe..................................... 11250 107.9 119.9 -1.6 0.5 10.7 0.9 11.1 Asia....................................... 2626 104.0 121.8 1.5 -1.9 1.7 1.5 17.1 Latin America / Caribbean.................. 1916 112.5 114.5 7.4 1.8 1.5 1.2 1.8 EXPORT Air Passenger Fares............................... 20319 123.5 123.8 5.8 -0.1 0.5 -0.2 0.2 Europe..................................... 5394 144.9 150.7 2.7 1.5 -2.1 -2.0 4.0 Asia....................................... 8936 110.7 107.0 6.2 -0.4 0.1 3.3 -3.3 Latin America / Caribbean.................. 3413 129.0 130.5 11.1 -2.5 2.7 -2.6 1.2 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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade June Feb. March April May Description (Mil. 2003 2004 2004 2004 2004 of May June to to to to to Dollars) 2004 2004 June March April May June 1/ 2004 2004 2004 2004 2004 INBOUND Air Passenger Fares (200312=100).................. 38589 104.7 106.1 n.a. 0.7 0.2 -0.6 1.3 Europe (200312=100).......................... 15654 104.1 108.7 n.a. 1.6 -0.8 -2.8 4.4 Asia (200312=100)............................ 12401 107.8 105.8 n.a. 1.4 -0.7 3.3 -1.9 Latin America / Caribbean (200312=100)....... 5604 100.8 102.1 n.a. -2.5 1.4 -1.8 1.3 Canada (200312=100).......................... 2905 101.9 102.6 n.a. -1.5 6.1 -1.8 0.7 Crude Oil Tanker Freight.......................... 3434 n.a. n.a. n.a. -14.7 -8.8 n.a. n.a. OUTBOUND Air Passenger Fares (200312=100).................. 43898 106.7 114.2 n.a. -0.5 7.3 0.2 7.0 Europe (200312=100).......................... 21857 113.8 125.0 n.a. -0.1 11.6 0.8 9.8 Asia (200312=100)............................ 7190 100.1 108.1 n.a. 0.2 5.2 0.6 8.0 Latin America / Caribbean (200312=100)....... 9206 99.2 101.1 n.a. -0.4 0.2 -0.5 1.9 Canada (200312=100).......................... 2982 108.0 107.3 n.a. 0.0 4.3 4.4 -0.6 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). The IPP news release is now available through an e-mail subscription service. Please see the subscription link on (http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm). ---------------------------------------------------------------------- IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ 5. Locality Of Origin Indexes ______ 6. Services Indexes ______ Name________________________________________________________ Address_____________________________________________________ _____________________________________________________ Phone Number ( ) ______________________________________