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Economic News Release
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U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until				   USDL-20-0247	 
8:30 a.m. (EST) Friday, February 14, 2020

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


                          U.S. IMPORT AND EXPORT PRICE INDEXES - JANUARY 2020

U.S. import prices were unchanged in January, the U.S. Bureau of Labor Statistics reported today, following 
0.2-percent advances the 2 previous months. In January, falling fuel prices offset increasing prices for 
nonfuel imports. Prices for U.S. exports advanced 0.7 percent in January, after declining 0.2 percent the 
previous month.


Imports

Import prices were unchanged in January, after rising in December and November. Prices for U.S. imports 
rose 0.3 percent from January 2019 to January 2020. The price index for overall imports advanced on a 12-
month basis for the second consecutive month, after not recording an over-the-year increase since the index 
rose 0.1 percent for the year ended March 2019. (See table 1.)

Fuel Imports: Prices for import fuel declined 2.2 percent in January, led by lower prices for both petroleum 
and natural gas. The January decrease was the largest monthly drop since the index fell 4.2 percent in 
August. Petroleum prices fell 1.7 percent in January following a 1.0-percent increase in December and a 
0.9-percent advance in November. The price index for natural gas declined 11.7 percent in January, after 
rising 141.3 percent over the previous 5 months. Despite the decline in January, import fuel prices increased 
11.3 percent over the past 12 months, driven by an 11.3-percent advance in petroleum prices and a 15.7-
percent rise in natural gas prices.

All Imports Excluding Fuel: The price index for nonfuel imports increased 0.2 percent for the second 
consecutive month in January. Prior to December, the most recent advance in the index occurred in 
February 2019 when the index ticked up 0.1 percent. Higher prices for finished goods; nonfuel industrial 
supplies and materials; and foods, feeds, and beverages all contributed to the January advance. Despite the 
recent increases, nonfuel import prices fell 0.9 percent over the past year and have not increased on an over-
the-year basis since December 2018.

Nonfuel Industrial Supplies and Materials: Prices for nonfuel industrial supplies and materials rose 0.3 
percent in January following no change the previous month. The January advance was primarily driven by a 
2.2-percent rise in unfinished metals prices.

Finished Goods: Finished goods prices increased in January. Automotive vehicles prices advanced 0.5 
percent in January, led by rising prices for passenger cars. The increase in automotive vehicles prices was 
the largest monthly gain since the index rose 0.5 percent in January 2018. The price indexes for capital 
goods and consumer goods both ticked up 0.1 percent for the second consecutive month in January. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices advanced 0.5 percent in January, after 
rising 1.1 percent in December. Higher prices for fish and shellfish more than offset declining meat prices.

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

2019

January

0.2 4.6 -0.3 -0.6 -2.1 -0.4

February

1.0 10.2 0.1 0.6 0.2 0.7

March

0.6 7.2 -0.2 0.7 0.9 0.7

April

0.2 1.9 -0.1 0.1 -1.4 0.2

May

0.2 3.6 -0.3 -0.3 -1.1 -0.2

June

-1.1 -7.8 -0.3 -0.6 2.4 -0.9

July

0.0 0.1 0.0 0.2 0.2 0.2

August

-0.6 -4.2 -0.1 -0.6 -2.4 -0.3

September

0.1 1.0 -0.1 -0.3 -1.6 -0.2

October

-0.4 (r)-1.6 (r)-0.3 0.0 1.7 -0.2

November

(r)0.2 (r)2.1 -0.1 (r)0.1 (r)2.4 (r)-0.1

December

(r)0.2 (r)1.7 (r)0.2 -0.2 -0.1 (r)-0.2

2020

January

0.0 -2.2 0.2 0.7 2.0 0.7

Jan. 2018 to 2019

-1.5 -12.0 -0.2 -0.2 0.1 -0.2

Jan. 2019 to 2020

0.3 11.3 -0.9 0.5 3.1 0.2

Footnotes
(r) Revised

Exports 

U.S. export prices rose 0.7 percent in January, the largest monthly advance since the index increased 0.7 
percent in March. In January, rising prices for both agricultural and nonagricultural exports contributed to 
the overall increase. Prices for exports also advanced on a 12-month basis, increasing 0.5 percent in January. 
The rise in January was the first 12-month advance since the index increased 0.2 percent for the year ended 
in April. (See table 2.)

Agricultural Exports: The price index for agricultural exports advanced 2.0 percent in January following a 
decrease of 0.1 percent in December and increases of 2.4 percent in November and 1.7 percent in October. 
Rising prices for vegetables, soybeans, wheat, and corn in January more than offset lower prices for fruit, 
meat, and nuts. Prices for agricultural exports also advanced over the past 12 months, rising 3.1 percent 
from January 2019 to January 2020.  

All Exports Excluding Agriculture: Nonagricultural export prices increased 0.7 percent in January, after 
falling 0.2 percent the previous month. In January, advancing prices for nonagricultural industrial supplies 
and materials; finished goods; and nonagricultural foods all contributed to the increase in nonagricultural 
export prices. The price index for nonagricultural exports advanced 0.2 percent for the year ended in 
January, the first 12-month increase since rising 0.5 percent in April.    

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials advanced 1.1 percent in January following a 0.5-percent drop the previous month. The January 
increase was led by a 1.5-percent rise in fuel prices, a 3.0-percent advance in nonferrous metals prices, and a 
0.6-percent increase in chemicals prices. 

Finished Goods: Finished goods prices were mostly up in January. The price index for export capital goods 
rose 0.4 percent, as higher prices for capital goods excluding computers more than offset lower prices for 
computers, peripherals, and semiconductors. Prices for automotive vehicles increased 0.5 percent in 
January, driven by advancing prices for engines and nonengine parts and accessories. The January increase 
for capital goods prices was the largest advance since January 2019 and the rise in automotive vehicles 
prices was the largest 1-month increase since February 2019. Consumer goods prices were unchanged in 
January.


Measures of Import and Export Prices by Locality

Imports by Locality of Origin: The price index for imports from China declined 0.2 percent in January, 
after no change in December. The January decline was the largest drop since September and the index has 
not risen on a monthly basis since May 2018. Prices for imports from China declined 1.7 percent over the 
past year. In contrast, import prices from Japan rose 0.2 percent in January, the largest monthly increase 
since August. The January advance was led by higher prices for machinery manufacturing. The price index 
for imports from Canada fell 0.8 percent in January, driven by lower fuel prices. Prices for imports from 
Mexico also decreased in January, falling 0.2 percent following a 0.4-percent increase the previous month. 
Import prices from the European Union rose 0.4 percent in January, the largest monthly advance since the 
index increased 0.6 percent in April 2018. (See table 7.)

Exports by Locality of Destination: Prices for exports to China increased 0.3 percent in January, after 
ticking up 0.1 percent in each of the 2 previous months. The January rise was the largest 1-month advance 
since the index increased 0.6 percent in July. Despite the recent advances, export prices to China fell 0.2 
percent from January 2019 to January 2020. The price index for exports to Japan rose 0.1 percent in January 
following no change in December. Prices for exports to Japan increased 1.8 percent over the past 12 months. 
Export prices to Canada and Mexico both advanced in January, rising 0.6 percent and 1.1 percent, 
respectively. The price index for exports to the European Union rose 0.7 percent in January, the largest 
monthly increase since July. (See table 8.)

Terms of Trade Indexes: Terms of Trade indexes are based on country, region, or grouping and measure 
the change in the purchasing power of exports relative to imports. The index for the U.S. terms of trade with 
China advanced 0.5 percent in January, the largest 1-month rise since July. Lower import prices from China 
and higher export prices to China each contributed to the January increase. The index for U.S. terms of trade 
with Japan edged down 0.1 percent in January as rising import prices from Japan more than offset higher 
export prices to Japan. The U.S. terms of trade with Canada and the U.S. terms of trade with Mexico each 
advanced 1.3 percent in January. The index for the U.S. terms of trade with the European Union also 
increased in January, rising 0.3 percent, the first monthly advance for the index since a 0.6-percent increase 
in July. (See table 9.)


Import and Export Services

Imports: Import air passenger fares fell 8.8 percent in January following a 12.3-percent advance for the 
fourth quarter of 2019. The January drop was led by lower Asian and Latin American/Caribbean fares. 
Import air passenger fares decreased 9.6 percent for the year ended in January, the largest 12-month drop 
since April. Import air freight prices declined 2.4 percent in January, the first monthly decrease since 
September. Prices for import air freight also fell over the past year, declining 4.6 percent. (See table 10.)

Exports: The index for export air passenger fares rose 8.4 percent in January, after declining 0.7 percent in 
December. The January advance was driven by a 17.4-percent increase in Asian fares, and was the largest 
rise in overall export air passenger fares since December 2013. Despite the January advance, export air 
passenger fares decreased 1.2 percent over the past year. Prices for export air freight rose 2.7 percent in 
January, the largest 1-month advance since the index increased 5.4 percent in October 2017. The January 
rise led export air freight prices up 2.2 percent over the past 12 months.  


Import and Export Price Index data for February are scheduled for release on Friday, March 13, 2020 at 
8:30 a.m. (EDT).

Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2019 to January 2020 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

All commodities

  100.000 125.0 125.0 0.3 -0.4 0.2 0.2 0.0

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

  84.019 98.8 99.0 -0.8 -0.2 -0.1 0.0 0.2

All imports excluding petroleum

  90.619 112.0 112.2 -0.7 -0.1 0.1 0.2 0.2

All imports excluding fuels (Dec. 2001=100)

  90.108 115.8 116.0 -0.9 -0.3 -0.1 0.2 0.2

Foods, feeds, & beverages

0

6.089 177.5 178.4 -0.7 -0.3 -0.4 1.1 0.5

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.720 192.9 193.3 -1.8 -0.3 -0.5 1.4 0.2

Nonagricultural foods (fish, distilled beverages)

01

1.369 143.1 145.3 3.4 -0.2 0.1 0.0 1.5

Industrial supplies & materials

1

23.535 188.2 186.8 3.7 -1.0 0.9 0.7 -0.7

Industrial supplies & materials excluding petroleum

  14.420 155.7 155.3 -0.7 0.1 1.3 0.8 -0.3

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

  13.658 173.8 174.3 -1.3 -0.6 0.0 0.0 0.3

Industrial supplies & materials, durable

  8.535 166.4 167.5 0.8 -0.8 0.2 -0.3 0.7

Industrial supplies & materials nondurable excluding petroleum

  5.619 142.4 140.2 -3.0 1.4 2.9 2.4 -1.5

Fuels & lubricants

10

9.892 213.1 208.5 11.3 -1.6 2.1 1.7 -2.2

Petroleum & petroleum products

100

9.381 227.5 223.6 11.3 -2.4 0.9 1.0 -1.7

Crude

10000

6.477 234.3 226.0 12.4 -3.3 1.8 1.5 -3.5

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

101

0.511 140.8 127.3 10.6 21.5 33.3 16.0 -9.6

Gas-natural

10110

0.454 132.7 117.2 15.7 32.0 42.0 19.2 -11.7

Paper & paper base stocks

11

0.511 111.5 109.1 -12.7 -1.5 -1.5 -0.8 -2.2

Materials associated with nondurable supplies & materials

12

4.597 155.4 155.1 -3.8 -0.2 -0.1 0.6 -0.2

Selected building materials

13

1.501 143.3 142.9 -0.5 0.4 -0.2 0.4 -0.3

Unfinished metals related to durable goods

14

3.445 232.3 237.4 3.4 -1.8 0.6 -1.1 2.2

Finished metals related to durable goods

15

1.786 157.8 157.7 -1.3 -0.8 0.0 0.6 -0.1

Nonmetals related to durable goods

16

1.803 113.6 112.8 -1.0 0.3 0.0 0.1 -0.7

Capital goods

2

28.330 87.6 87.7 -1.6 -0.2 -0.2 0.1 0.1

Electric generating equipment

20

3.593 120.3 120.6 2.1 0.4 0.0 0.1 0.2

Nonelectrical machinery

21

22.369 79.4 79.4 -2.6 -0.4 -0.3 0.1 0.0

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

22

2.368 136.4 137.6 1.3 -0.1 -0.2 -0.1 0.9

Automotive vehicles, parts & engines

3

15.488 109.7 110.2 0.0 0.0 0.1 0.0 0.5

Consumer goods, excluding automotives

4

26.558 106.8 106.9 -0.2 -0.2 -0.1 0.1 0.1

Nondurables, manufactured

40

13.063 123.8 124.1 0.8 -0.1 0.0 0.1 0.2

Durables, manufactured

41

12.235 91.0 90.9 -1.2 -0.2 -0.1 0.0 -0.1

Nonmanufactured consumer goods

42

1.259 116.5 116.6 -0.3 0.0 0.0 0.0 0.1

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2019 to January 2020 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

All commodities

  100.000 125.0 125.9 0.5 0.0 0.1 -0.2 0.7

Agricultural commodities

  9.457 180.6 184.2 3.1 1.7 2.4 -0.1 2.0

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

  79.749 101.0 101.4 0.1 -0.3 0.0 -0.1 0.4

Nonagricultural commodities

  90.543 120.7 121.5 0.2 -0.2 -0.1 -0.2 0.7

Foods, feeds, & beverages

0

8.767 184.7 188.7 3.9 1.7 2.2 -0.1 2.2

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.207 183.0 187.0 4.0 1.7 2.5 -0.1 2.2

Nonagricultural foods (fish, distilled beverages)

01

0.559 216.6 220.9 1.9 0.9 -0.9 -0.8 2.0

Industrial supplies & materials

1

32.770 151.1 152.8 -0.3 -0.3 -0.2 -0.5 1.1

Industrial supplies & materials, durable

  10.389 166.7 169.2 3.5 -0.8 0.3 -0.1 1.5

Industrial supplies & materials, nondurable

  22.381 144.4 145.8 -2.1 0.0 -0.5 -0.6 1.0

Agricultural industrial supplies & materials

10

1.221 171.1 172.2 -3.1 1.3 1.4 0.1 0.6

Nonagricultural industrial supplies & materials

  31.549 150.5 152.2 -0.3 -0.3 -0.3 -0.5 1.1

Fuels & lubricants

11

11.484 172.9 175.5 0.5 0.7 -0.6 -0.9 1.5

Nonagricultural supplies & materials excluding fuels & building materials

12

19.148 155.6 157.2 -0.4 -0.8 -0.1 -0.2 1.0

Selected building materials

13

0.917 116.8 116.1 -4.8 -0.9 -0.4 -0.8 -0.6

Capital goods

2

36.343 110.6 111.0 0.5 -0.2 0.0 0.0 0.4

Electrical generating equipment

20

3.709 117.3 118.2 0.8 -0.2 0.0 0.2 0.8

Nonelectrical machinery

21

23.668 94.5 94.7 -0.4 -0.2 -0.1 -0.1 0.2

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

22

8.966 183.0 183.9 2.7 -0.1 0.1 0.1 0.5

Automotive vehicles, parts & engines

3

9.760 113.6 114.2 0.1 -0.2 0.0 -0.4 0.5

Consumer goods, excluding automotives

4

12.361 110.3 110.3 0.6 -0.2 0.1 -0.1 0.0

Nondurables, manufactured

40

5.957 108.1 108.3 1.6 0.1 0.1 0.0 0.2

Durables, manufactured

41

4.932 106.9 106.9 0.1 -0.4 0.0 -0.3 0.0

Nonmanufactured consumer goods (Dec. 2018=100)

42

1.472 99.0 98.9 -1.1 -0.2 -0.2 0.2 -0.1

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected industries: January 2019 to January 2020 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Nonmanufacturing

  9.067 113.8 110.8 9.1 -2.2 1.9 2.4 -2.6

Agriculture, forestry, fishing and hunting

11

1.840 173.7 176.8 -2.6 -1.0 -1.4 3.4 1.8

Crop production

111

1.477 181.7 183.0 -6.2 -1.4 -2.2 3.1 0.7

Mining

21

7.228 107.8 103.8 12.2 -2.6 2.8 2.1 -3.7

Oil and gas extraction

211

6.971 107.6 103.4 12.4 -2.6 2.8 2.3 -3.9

Manufacturing

  90.642 110.6 110.9 -0.4 -0.2 -0.1 0.0 0.3

Manufacturing, part 1

31

11.294 125.3 125.5 0.4 0.1 0.2 0.1 0.2

Food manufacturing

311

3.510 154.9 155.0 0.3 0.1 0.2 0.3 0.1

Beverage and tobacco product manufacturing

312

1.137 125.6 125.8 3.2 -0.1 0.2 0.0 0.2

Textile mills (Dec. 2011=100)

313

0.369 99.3 99.2 -1.0 0.0 -0.5 0.0 -0.1

Textile product mills

314

0.933 107.4 107.7 -1.4 -0.1 -0.2 -0.1 0.3

Apparel manufacturing

315

3.714 112.5 112.9 0.5 0.0 0.0 0.1 0.4

Leather and allied product manufacturing

316

1.629 123.8 124.2 0.1 0.3 0.3 0.0 0.3

Manufacturing, part 2

32

18.295 125.0 125.4 0.0 -0.2 -0.4 -0.1 0.3

Wood product manufacturing (Dec. 2019=100)

321

0.792 100.0 99.7 - - - - -0.3

Paper manufacturing

322

0.993 108.1 107.0 -8.0 -1.0 -0.8 -0.4 -1.0

Petroleum and coal products manufacturing

324

2.643 98.9 101.7 8.7 -0.3 -1.7 -1.3 2.8

Chemical manufacturing

325

10.225 138.3 138.4 -0.9 -0.3 -0.1 0.3 0.1

Plastics and rubber products manufacturing

326

2.370 119.3 119.1 -0.3 0.6 0.1 -0.1 -0.2

Nonmetallic mineral product manufacturing

327

1.073 131.3 131.4 0.5 0.2 0.1 0.2 0.1

Manufacturing, part 3

33

61.053 103.2 103.5 -0.7 -0.3 0.0 0.0 0.3

Primary metal manufacturing

331

3.968 154.3 157.4 2.1 -1.9 0.6 -0.9 2.0

Fabricated metal product manufacturing

332

3.220 126.8 126.2 -0.4 -0.2 -0.2 0.4 -0.5

Machinery manufacturing

333

7.658 118.8 118.8 -0.1 -0.3 0.1 0.0 0.0

Computer and electronic product manufacturing

334

16.926 71.7 71.8 -3.1 -0.1 -0.4 0.0 0.1

Electrical equipment, appliance, and component manufacturing

335

5.452 117.4 117.5 0.9 -0.1 -0.4 0.4 0.1

Transportation equipment manufacturing

336

16.536 109.0 109.7 0.3 -0.1 0.1 0.1 0.6

Furniture and related product manufacturing

337

1.889 115.4 115.4 -1.9 -0.3 -0.3 -0.2 0.0

Miscellaneous manufacturing

339

5.406 118.8 118.4 -0.4 -0.2 0.3 0.1 -0.3

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected industries: January 2019 to January 2020 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Nonmanufacturing

  10.143 128.5 129.5 -3.2 1.9 0.9 -0.5 0.8

Agriculture, forestry, fishing and hunting

11

4.671 151.7 157.2 3.3 3.5 3.2 -1.3 3.6

Crop production

111

4.312 158.8 164.8 3.3 3.7 3.3 -1.2 3.8

Mining

21

5.472 78.9 77.6 -9.6 0.0 -1.6 0.5 -1.6

Mining (except oil and gas)

212

1.266 102.8 97.9 -17.2 -1.1 -3.5 -1.2 -4.8

Manufacturing

  88.667 116.1 116.9 0.9 -0.2 0.0 -0.2 0.7

Manufacturing, part 1

31

6.778 141.8 142.9 1.9 -0.3 0.9 0.6 0.8

Food manufacturing

311

4.688 161.3 162.4 3.6 -0.2 1.3 1.1 0.7

Beverage and tobacco product manufacturing

312

0.633 121.3 122.5 -2.2 -0.7 0.0 -0.2 1.0

Manufacturing, part 2

32

24.412 112.5 113.7 0.7 -0.1 -0.1 -0.7 1.1

Wood product manufacturing (Dec. 2017=100)

321

0.457 93.8 92.9 -9.4 -1.0 -0.7 -0.3 -1.0

Paper manufacturing

322

1.505 119.5 118.7 -8.8 -1.4 -0.1 -0.3 -0.7

Petroleum and coal products manufacturing

324

5.950 105.3 110.0 9.9 0.9 0.3 -1.9 4.5

Chemical manufacturing

325

13.169 116.9 117.2 -1.4 -0.3 -0.3 -0.4 0.3

Plastics and rubber products manufacturing

326

2.307 117.0 117.0 0.9 0.1 0.0 -0.3 0.0

Nonmetallic mineral product manufacturing

327

0.822 117.0 117.1 0.4 -0.1 -0.2 -0.5 0.1

Manufacturing, part 3

33

57.477 115.0 115.6 1.0 -0.2 0.0 -0.2 0.5

Primary metal manufacturing

331

4.080 152.5 156.3 7.9 -0.7 0.2 -0.2 2.5

Fabricated metal product manufacturing

332

3.047 149.1 150.4 3.4 0.5 -0.1 0.1 0.9

Machinery manufacturing

333

9.763 130.0 130.8 1.6 0.4 -0.2 -0.2 0.6

Computer and electronic product manufacturing

334

13.596 81.4 81.5 -1.7 -0.7 0.0 -0.1 0.1

Electrical equipment, appliance, and component manufacturing

335

3.764 117.5 117.6 -0.3 0.0 0.0 0.1 0.1

Transportation equipment manufacturing

336

17.479 128.9 129.5 1.3 -0.1 0.0 0.1 0.5

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

337

0.392 122.5 122.5 1.5 0.0 0.0 0.0 0.0

Miscellaneous manufacturing

339

5.356 119.9 120.0 0.0 -0.2 -0.1 -0.3 0.1

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2019 to January 2020 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Live animals; animal products

I

1.380 199.1 201.4 5.0 -0.4 0.9 1.5 1.2

Meat and edible meat offal

02

0.390 277.3 264.3 6.5 -0.1 3.0 2.7 -4.7

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.723 139.3 144.1 4.0 -0.9 0.2 1.0 3.4

Vegetable products

II

1.817 200.6 202.2 -5.5 -1.5 -2.3 2.7 0.8

Edible vegetables, roots, and tubers

07

0.485 496.2 499.8 -1.1 -5.2 -1.3 5.6 0.7

Edible fruit and nuts; peel of citrus fruit or melons

08

0.607 99.8 101.2 -17.3 -0.2 -7.0 2.1 1.4

Coffee, tea, mate and spices

09

0.341 210.8 207.1 1.3 -1.6 2.6 2.6 -1.8

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

III

0.243 85.9 89.6 -2.6 1.9 1.1 0.1 4.3

Prepared foodstuffs, beverages, and tobacco

IV

2.964 167.9 167.9 1.5 0.2 0.2 0.3 0.0

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.205 101.4 100.9 5.3 3.1 0.4 2.7 -0.5

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

20

0.369 171.9 171.7 -1.2 -0.3 0.0 0.1 -0.1

Beverages, spirits, and vinegar

22

1.088 136.0 136.3 3.2 -0.1 0.2 0.1 0.2

Mineral products

V

9.930 213.5 208.9 11.2 -1.5 2.1 1.7 -2.2

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

27

9.605 210.6 206.0 11.4 -1.6 2.3 1.7 -2.2

Products of the chemical or allied industries

VI

9.609 156.8 156.9 -0.1 -0.1 -0.1 0.3 0.1

Inorganic chemicals

28

0.515 306.8 298.5 -7.4 2.0 3.3 3.7 -2.7

Organic chemicals

29

2.139 125.8 125.7 -1.6 0.0 -0.6 0.3 -0.1

Pharmaceutical products

30

4.898 154.4 154.9 2.6 -0.1 -0.1 0.0 0.3

Essential oils and resinoids (Dec. 2016=100)

33

0.619 103.2 104.2 1.4 0.0 0.1 -0.1 1.0

Miscellaneous chemical products

38

0.597 102.4 101.4 -4.4 0.0 -0.1 0.3 -1.0

Plastics and articles thereof; rubber and articles thereof

VII

3.637 139.9 139.8 -0.9 0.3 -0.2 -0.1 -0.1

Plastics and articles thereof

39

2.445 142.4 142.2 -1.7 0.1 -0.2 -0.1 -0.1

Rubber and articles thereof

40

1.192 137.1 137.0 1.0 0.7 -0.1 -0.1 -0.1

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

VIII

0.616 124.4 124.7 -0.6 0.2 0.4 -0.2 0.2

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

42

0.590 131.1 131.4 -0.4 0.1 0.5 -0.3 0.2

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

IX

0.816 145.0 144.7 -1.8 0.3 -0.8 0.6 -0.2

Wood and articles of wood; wood charcoal (Dec. 2019=100)

44

0.780 100.0 99.7 - - - - -0.3

Woodpulp, recovered paper, and paper products

X

1.031 114.3 111.7 -9.0 -0.9 -0.9 -0.3 -2.3

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

48

0.715 108.6 107.9 -3.4 -0.4 -0.5 0.3 -0.6

Textile and textile articles

XI

4.820 114.2 114.5 -0.2 0.1 -0.2 0.1 0.3

Articles of apparel and clothing accessories, knitted or crocheted

61

1.963 105.5 105.2 0.1 0.1 0.0 0.3 -0.3

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.598 120.5 121.7 1.1 -0.2 -0.2 0.0 1.0

Made-up or worn textile articles

63

0.637 101.6 101.7 -2.0 0.2 -0.2 0.0 0.1

Headgear, umbrellas, artificial flowers, etc.

XII

1.361 123.2 123.5 0.3 0.4 0.5 -0.1 0.2

Footwear and parts of such articles

64

1.125 122.3 122.8 0.5 0.4 0.6 0.0 0.4

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

XIII

0.966 132.5 132.3 0.7 0.1 0.1 0.2 -0.2

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

XIV

2.819 192.6 197.7 11.8 -0.6 0.9 0.1 2.6

Base metals and articles of base metals

XV

5.471 169.4 169.6 -3.9 -1.3 -0.3 -0.4 0.1

Iron and steel

72

1.105 199.3 199.1 -10.4 -3.8 -2.1 -0.7 -0.1

Articles of iron or steel

73

1.683 147.5 146.9 -2.6 -0.9 -0.5 0.5 -0.4

Copper and articles thereof

74

0.420 270.8 276.8 -0.3 -0.7 2.7 0.3 2.2

Aluminum and articles thereof

76

0.906 127.9 128.2 -3.5 -1.0 1.5 0.2 0.2

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

82

0.459 122.7 122.7 -1.0 -0.2 -0.6 -0.2 0.0

Miscellaneous articles of base metal

83

0.533 135.0 134.6 -2.3 -0.6 -0.1 -0.1 -0.3

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

XVI

30.283 78.7 78.8 -1.5 -0.1 -0.3 0.0 0.1

Machinery and mechanical appliances; parts thereof

84

15.355 84.2 84.1 -2.9 -0.5 -0.5 0.0 -0.1

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

85

14.928 73.6 73.7 -0.3 0.1 0.0 0.1 0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.663 113.4 114.1 0.2 0.0 0.0 0.2 0.6

Motor vehicles and their parts

87

12.544 112.5 113.3 0.4 -0.1 0.1 0.1 0.7

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

XVIII

4.063 101.9 102.0 0.1 -0.2 0.1 0.3 0.1

Optical, photographic, measuring and medical instruments

90

3.808 98.4 98.0 -0.4 -0.2 0.1 0.3 -0.4

Miscellaneous manufactured articles

XX

4.438 111.5 111.3 -1.3 -0.3 0.0 0.1 -0.2

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

94

2.791 117.1 116.9 -1.6 -0.2 -0.3 0.1 -0.2

Toys, games and sports equipment; parts and accessories thereof

95

1.379 102.3 102.2 -0.5 -0.2 0.7 0.0 -0.1

Miscellaneous manufactured articles

96

0.268 127.1 127.2 -1.9 -1.2 0.0 0.0 0.1

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2019 to January 2020 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Live animals; animal products

I

1.986 217.4 216.2 3.8 -0.7 1.5 0.9 -0.6

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

02

1.238 169.5 166.1 3.0 -2.4 3.2 2.1 -2.0

Fish and crustaceans, mollusks and aquatic invertebrates (Dec. 2016=100)

03

0.366 119.2 121.5 0.9 1.1 -1.5 -0.9 1.9

Vegetable products

II

4.278 196.5 204.0 3.7 3.4 3.3 -1.3 3.8

Edible fruit and nuts; peel of citrus fruit or melons

08

1.014 144.9 137.7 -2.8 -1.6 3.1 1.5 -5.0

Cereals

10

1.386 193.5 200.1 - 7.0 2.5 -0.7 3.4

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

12

1.432 190.2 199.0 - 4.0 2.9 -2.8 4.6

Prepared foodstuffs, beverages, and tobacco

IV

3.086 156.2 157.4 2.9 1.2 0.7 0.5 0.8

Preparations of vegetables, fruit, nuts or other parts of plants (Dec. 2019=100)

20

0.333 100.0 99.9 - - - - -0.1

Miscellaneous edible preparations (Dec. 2017=100)

21

0.590 100.4 100.4 5.5 0.9 0.6 0.2 0.0

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

22

0.583 111.6 106.7 1.7 6.8 -1.7 -1.1 -4.4

Residues and waste from the food industries; prepared animal feed

23

0.732 222.5 237.7 5.3 -0.5 3.6 3.2 6.8

Mineral products

V

11.401 208.2 211.4 0.7 0.2 -0.5 -0.9 1.5

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

26

0.403 96.2 94.9 -1.0 -0.2 0.7 -2.8 -1.4

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

27

10.802 199.6 202.9 0.8 0.2 -0.6 -0.8 1.7

Products of the chemical or allied industries

VI

10.899 137.3 137.6 -1.0 -0.1 -0.2 -0.1 0.2

Inorganic chemicals

28

0.743 146.4 147.7 2.1 -0.7 -0.7 -0.4 0.9

Organic chemicals

29

2.470 138.6 138.8 -7.0 -0.6 -0.6 0.1 0.1

Pharmaceutical products

30

3.148 107.7 108.1 3.1 -0.1 0.3 0.0 0.4

Tanning or dyeing extracts, dyes, paints varnish, putty, & inks (Dec. 2015=100)

32

0.533 105.0 104.9 3.1 1.2 -0.1 -0.7 -0.1

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.877 130.4 128.8 -2.0 0.1 -0.2 0.1 -1.2

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

34

0.489 124.9 124.9 1.6 -0.2 0.1 -0.1 0.0

Miscellaneous chemical products

38

1.994 156.2 158.2 1.5 -0.2 0.0 0.1 1.3

Plastics and articles thereof; rubber and articles thereof

VII

5.089 140.7 141.4 -1.6 -0.6 0.0 -0.4 0.5

Plastics and articles thereof

39

4.210 137.7 138.4 -1.5 -0.6 0.0 -0.2 0.5

Rubber and articles thereof

40

0.879 151.9 152.6 -1.7 0.1 -0.3 -0.8 0.5

Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100)

IX

0.553 91.3 90.8 -8.8 -1.4 -0.6 -1.0 -0.5

Woodpulp, recovered paper, and paper products

X

1.740 118.6 117.8 -9.9 -1.9 -0.4 0.0 -0.7

Woodpulp and recovered paper (Dec. 2019=100)

47

0.419 100.0 97.7 - - - - -2.3

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

48

1.032 124.3 124.0 -3.3 -0.6 0.2 -0.2 -0.2

Textile and textile articles

XI

1.673 119.1 121.4 -1.2 0.7 0.8 0.0 1.9

Cotton, including yarns and woven fabrics thereof

52

0.474 116.7 121.3 -2.3 3.1 3.2 0.3 3.9

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

XIII

0.805 127.0 127.0 0.9 0.0 -0.1 -0.2 0.0

Glass and glassware (Dec. 2019=100)

70

0.392 100.0 100.0 - - - - 0.0

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

XIV

4.550 261.2 266.1 10.7 -0.4 0.2 -0.4 1.9

Base metals and articles of base metals

XV

4.566 155.4 158.4 -0.6 -1.4 0.8 0.3 1.9

Copper and articles thereof

74

0.491 174.9 183.8 3.4 -1.6 2.2 0.4 5.1

Aluminum and articles thereof

76

0.678 98.3 99.3 -8.0 -0.1 -0.1 -0.2 1.0

Miscellaneous articles of base metal

83

0.334 153.3 156.1 2.0 -0.2 -0.1 -0.2 1.8

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

XVI

28.192 97.2 97.6 -0.2 -0.4 0.0 -0.2 0.4

Machinery and mechanical appliances; parts thereof

84

16.862 115.5 116.0 0.0 -0.3 -0.1 -0.2 0.4

Electrical machinery and equipment and parts and accessories thereof

85

11.329 77.7 77.9 -0.5 -0.5 0.0 0.0 0.3

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.272 137.1 137.6 1.1 0.0 0.0 0.1 0.4

Motor vehicles and their parts

87

8.000 116.1 116.6 0.3 -0.1 0.0 0.0 0.4

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

XVIII

6.021 110.4 110.8 1.9 0.3 -0.3 -0.1 0.4

Miscellaneous manufactured articles

XX

1.335 112.8 112.4 -0.1 -0.1 -0.1 0.2 -0.4

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.739 130.5 131.2 1.0 0.0 0.0 -0.1 0.5

Toys, games and sports equipment; parts and accessories thereof

95

0.441 88.8 87.1 -0.5 -0.2 -0.1 0.6 -1.9

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 7. U.S. import price indexes and percent changes by locality of origin: January 2019 to January 2020 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Industrialized Countries(2)

100.000 127.1 127.0 3.3 -0.3 0.5 0.2 -0.1

Nonmanufacturing

11.128 183.2 177.9 22.3 -2.1 2.5 -0.2 -2.9

Manufacturing

88.408 121.8 122.1 1.5 0.0 0.3 0.1 0.2

Canada

100.000 138.6 137.5 6.1 -0.9 1.0 -0.3 -0.8

Nonmanufacturing

31.468 179.1 173.5 24.1 -2.4 2.6 -0.4 -3.1

Manufacturing

67.797 129.5 129.7 0.2 -0.3 0.4 -0.3 0.2

European Union

100.000 137.1 137.6 0.7 -0.1 0.1 0.1 0.4

Manufacturing

98.571 133.4 133.9 0.6 -0.2 0.3 0.0 0.4

France (Dec. 2003=100)

100.000 127.5 128.0 0.5 -0.1 0.2 -0.2 0.4

Germany (Dec. 2003=100)

100.000 113.0 113.4 1.0 -0.2 0.0 0.4 0.4

United Kingdom (Dec. 2003=100)

100.000 122.6 122.8 1.9 0.3 0.2 0.2 0.2

Latin America(3)

100.000 144.9 144.5 -1.2 -1.0 -0.6 0.3 -0.3

Nonmanufacturing

15.225 257.0 252.0 4.0 -1.8 -0.8 4.2 -1.9

Manufacturing

84.488 118.1 118.2 -2.1 -0.8 -0.6 -0.4 0.1

Mexico (Dec. 2003=100)

100.000 126.0 125.7 -1.0 -0.2 -1.0 0.4 -0.2

Nonmanufacturing (Dec. 2008=100)

8.041 132.6 131.5 0.9 1.2 -6.5 5.5 -0.8

Manufacturing (Dec. 2008=100)

91.669 86.8 86.7 -1.1 -0.3 -0.6 0.0 -0.1

Pacific Rim (Dec. 2003=100)(4)

100.000 97.6 97.5 -1.2 -0.2 -0.1 0.1 -0.1

China (Dec. 2003=100)

100.000 98.1 97.9 -1.7 -0.1 -0.1 0.0 -0.2

Japan

100.000 96.9 97.1 0.6 0.1 0.1 -0.1 0.2

Taiwan (Dec. 2018=100)

100.000 98.6 98.6 -1.3 -0.2 -0.1 0.0 0.0

Asian NICs(5)

100.000 86.5 86.2 -2.2 -0.5 -0.1 -0.2 -0.3

ASEAN (Dec. 2003=100)(6)

100.000 97.1 97.5 0.2 -0.1 -0.1 0.1 0.4

Asia Near East (Dec. 2003=100)(7)

100.000 178.0 175.0 1.5 -2.8 3.8 -0.6 -1.7

Footnotes
(1) Relative importance figures are based on 2018 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(5) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(6) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(7) 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 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 8. U.S. export price indexes and percent changes by locality of destination: January 2019 to January 2020 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Industrialized Countries(2)

100.000 103.0 103.7 1.6 0.1 0.2 -0.1 0.7

Nonmanufacturing

10.438 105.3 106.4 -0.5 1.2 1.1 -0.2 1.0

Manufacturing

88.331 103.0 103.7 1.7 0.0 0.1 -0.1 0.7

Canada

100.000 104.7 105.3 1.3 0.2 0.7 -0.1 0.6

European Union

100.000 104.5 105.2 1.5 -0.2 -0.2 0.0 0.7

Nonmanufacturing

9.673 100.9 100.2 -5.0 1.0 -1.4 1.1 -0.7

Manufacturing

88.913 104.8 105.6 1.9 -0.3 -0.1 -0.1 0.8

Germany

100.000 104.6 105.7 3.4 -0.2 0.1 0.2 1.1

Latin America(3)

100.000 100.1 101.7 1.2 0.3 0.3 -0.5 1.6

Nonmanufacturing

7.365 103.8 105.2 -1.3 3.9 1.2 -1.6 1.3

Manufacturing

92.151 99.9 101.4 1.3 0.1 0.2 -0.4 1.5

Mexico

100.000 99.8 100.9 0.6 0.1 0.5 -0.5 1.1

Nonmanufacturing

5.693 96.4 96.3 -5.8 3.9 2.2 -3.6 -0.1

Manufacturing

93.731 100.0 101.2 1.1 -0.1 0.4 -0.3 1.2

Pacific Rim(4)

100.000 99.2 99.6 -0.2 0.1 -0.6 -0.2 0.4

Nonmanufacturing

14.756 95.5 97.1 1.1 2.7 -3.7 -0.6 1.7

Manufacturing

83.665 100.5 100.6 0.0 -0.1 -0.2 -0.1 0.1

China

100.000 97.4 97.7 -0.2 0.0 0.1 0.1 0.3

Nonmanufacturing

13.293 94.8 95.5 1.9 1.5 1.2 -0.1 0.7

Manufacturing

84.769 100.0 100.2 0.8 -0.2 0.0 0.0 0.2

Japan

100.000 100.5 100.6 1.8 0.6 -0.4 0.0 0.1

Nonmanufacturing

20.760 98.5 98.5 -0.2 2.5 -1.3 0.9 0.0

Manufacturing

77.687 100.3 100.3 1.6 0.2 -0.4 -0.2 0.0

Footnotes
(1) Relative importance figures are based on 2018 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 9. U.S. terms of trade indexes and percent changes by locality: January 2019 to January 2020(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Industrialized Countries(2)

99.2 99.9 -1.8 0.4 -0.3 -0.2 0.7

Canada

99.3 100.6 -4.6 1.1 -0.3 0.2 1.3

European Union

102.6 102.9 0.8 0.0 -0.4 -0.1 0.3

Germany

106.5 107.3 2.5 0.0 0.1 -0.3 0.8

Latin America(3)

102.9 104.8 2.3 1.4 0.9 -0.8 1.8

Mexico

102.2 103.5 1.6 0.3 1.6 -0.9 1.3

Pacific Rim(4)

100.0 100.5 1.0 0.3 -0.5 -0.3 0.5

China

99.4 99.9 1.5 0.1 0.2 0.1 0.5

Japan

99.0 98.9 1.1 0.4 -0.5 0.1 -0.1

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 10. U.S. international price indexes and percent changes for selected transportation services: January 2019 to January 2020 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2019(1)
Index Percent change
Dec.
2019
Jan.
2020
Annual Monthly
Jan.
2019
to
Jan.
2020
Sept.
2019
to
Oct.
2019
Oct.
2019
to
Nov.
2019
Nov.
2019
to
Dec.
2019
Dec.
2019
to
Jan.
2020

Air Freight

Import Air Freight

100.000 182.2 177.9 -4.6 1.2 2.2 1.8 -2.4

Europe (Dec. 2003=100)

26.354 143.3 144.1 -4.9 -0.2 -1.2 -0.1 0.6

Asia

59.942 175.0 167.4 -5.8 2.2 4.0 2.8 -4.3

Export Air Freight

100.000 163.8 168.3 2.2 0.4 -0.2 0.8 2.7

Europe (Dec. 2006=100)

31.671 152.4 157.1 3.2 -0.1 0.6 0.7 3.1

Inbound Air Freight

100.000 165.8 163.9 -5.9 1.1 1.3 1.2 -1.1

Europe (Dec. 2003=100)

27.919 131.1 132.8 -6.1 -0.1 -1.0 -0.1 1.3

Asia

58.225 155.6 151.6 -6.8 2.0 2.6 1.9 -2.6

Outbound Air Freight

100.000 147.6 149.9 4.0 1.0 2.2 0.9 1.6

Europe (Dec. 2003=100)

33.596 158.6 162.3 6.7 0.1 1.0 1.3 2.3

Asia

47.802 141.1 143.0 3.2 1.8 4.3 1.0 1.3

Air Passenger Fares

Import Air Passenger Fares

100.000 188.2 171.7 -9.6 3.4 2.7 5.7 -8.8

Europe

42.830 205.4 206.9 -9.6 0.2 8.0 -1.4 0.7

Asia

23.612 153.3 131.0 -5.0 3.5 0.1 19.3 -14.5

Latin America/Caribbean

8.954 185.3 148.8 0.5 4.0 4.0 16.1 -19.7

Export Air Passenger Fares

100.000 146.9 159.3 -1.2 -2.1 3.3 -0.7 8.4

Europe

29.135 184.8 184.1 -7.5 -2.9 4.5 -2.2 -0.4

Asia

25.406 129.2 151.7 1.1 -4.1 5.2 -1.9 17.4

Latin America/Caribbean

26.556 158.5 177.2 4.5 -1.7 0.9 3.7 11.8

Footnotes
(1) Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


                                                TECHNICAL NOTE                                                

Import and Export Goods and Services Price Indexes - All indexes use a modified Laspeyres 
formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-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 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) 
includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS 
classification structure also matches the classification system used by the Producer Price Index (PPI) to 
produce the NAICS primary products indexes.

Import Price Goods Indexes - Items are 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 Goods Indexes - Items are 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 - Indexes for import and export air passenger fares calculate changes in the 
average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 
foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 
sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 
the import and export air passenger fares indexes. Import air passenger fares data have used the airline 
consulting service source since September 2008. Before April 2018, the export air passenger fares data 
were collected directly by BLS from U.S. airlines. 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 represents transactions between U.S. and foreign residents) and 
international (which represents transactions inbound to and outbound from the United States.) Fact 
sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 
under "MXP Publications."

Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data 
collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 
beginning with January 2002, are based on the North American Industry Classification System (NAICS) 
covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 
manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 
collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 
based on the North American Industry Classification System (NAICS) covering goods-producing 
industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are 
defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 
import prices for a specific country, region, or grouping. The indexes are calculated as one country, 
region, or grouping's all-export goods price index divided by the corresponding all-import goods price 
index on a scale of 100. 
   
Relative Importance - A relative importance is a specific index's price-updated value share (expressed 
as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 
affected by the trade weights at the point indexes are reweighted and index changes relative to other 
indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 
relative importance will increase as well. 
 
Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the 3 months after original publication. After 3 months, no further data 
revisions take place. For example, data first published in the January release will be subject to revision 
in the releases for February, March, and April.

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 
percent changes are then derived from the rounded index values and subsequently rounded to the tenth 
decimal place.

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 (NIPA) 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 NIPA, while international indexes are more 
appropriate for market analysis. 

Email Subscription - The U.S. import and export price indexes news release is available through an 
email subscription service at www.bls.gov/bls/list.htm. 
 
Additional Information - More detailed data are available on the Import/Export Price Indexes home 
page at www.bls.gov/mxp. For import and export price indexes data requests, send an email 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: February 18, 2020