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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-22-0263
8:30 a.m. (ET) Wednesday, February 16, 2022

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 2022

Prices for U.S. imports advanced 2.0 percent in January following a 0.4-percent drop in December, the U.S. 
Bureau of Labor Statistics reported today. Higher fuel and nonfuel prices in January contributed to the 
overall increase in import prices. U.S. export prices rose 2.9 percent in January, after declining 1.6 percent 
in December.  

Imports 

U.S. import prices advanced 2.0 percent in January resuming the upward trend recorded over most of 2021 
following a 0.4-percent decline in December. The January increase was the largest monthly rise since April 
2011. Prices for U.S. imports advanced 10.8 percent over the past year, led by higher fuel and nonfuel 
prices. (See table 1.)

Fuel Imports: The price index for import fuel rose 9.3 percent in January following an 8.3-percent drop in 
December. The January advance was driven by higher petroleum and natural gas prices. Import fuel prices 
advanced 60.3 percent over the past 12 months. Prices for import petroleum increased 9.5 percent in 
January, after decreasing 8.3 percent the previous month. Petroleum prices rose 57.7 percent for the year 
ended in January. Prices for natural gas also advanced in January, rising 10.5 percent, after falling 10.5 
percent in December. Natural gas prices increased 118.4 percent from January 2021 to January 2022.    

All Imports Excluding Fuel: Prices for nonfuel imports increased 1.4 percent in January and have not 
recorded a monthly decline since November 2020. The January advance was the largest 1-month rise since 
monthly percent changes were first published in January 2002. Higher prices for nonfuel industrial supplies 
and materials; foods, feeds, and beverages; capital goods; consumer goods; and automotive vehicles all 
contributed to the January increase in nonfuel import prices. The price index for nonfuel imports advanced 
6.9 percent over the past year, the largest over-the-year rise since 12-month percent changes were first 
published in December 2002.          

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices increased 3.6 percent in January, the 
largest 1-month advance since March 2014. The January rise was led by higher prices for vegetables and 
fruit.           

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 
increased 3.2 percent in January, the largest 1-month advance since May 2021. Higher prices for selected 
building materials, chemicals, and unfinished metals drove the January rise.            

Finished Goods: Prices for each of the major finished goods categories increased in January. Capital goods 
prices rose 0.9 percent, the largest monthly increase since April 2008. Prices for consumer goods advanced 
0.5 percent for the second consecutive month, the largest 1-month increases since February 2018. 
Automotive vehicles prices also rose in January, ticking up 0.1 percent.

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

2021

January

1.5 9.0 0.9 2.7 6.0 2.3

February

1.2 10.9 0.4 1.6 2.7 1.5

March

1.5 8.0 0.9 2.5 2.4 2.5

April

0.9 1.9 0.8 1.2 0.7 1.2

May

1.3 5.2 0.9 2.3 6.1 1.8

June

1.1 4.9 0.7 1.2 1.4 1.1

July

0.3 2.9 0.0 1.1 -1.7 1.3

August

-0.2 -2.2 0.0 0.2 0.9 0.1

September

0.4 3.6 0.1 0.3 -1.5 0.5

October

1.5 11.1 0.5 1.9 (r)1.1 2.0

November

0.7 (r)2.5 (r)0.6 (r)0.7 1.1 0.6

December

(r)-0.4 (r)-8.3 0.5 (r)-1.6 (r)0.7 (r)-1.9

2022

January

2.0 9.3 1.4 2.9 3.0 2.9

Jan. 2020 to 2021

1.0 -12.8 2.6 2.5 9.6 1.6

Jan. 2021 to 2022

10.8 60.3 6.9 15.1 18.0 14.7

Footnotes
(r) Revised

Exports 

Prices for U.S. exports increased 2.9 percent in January following a 1.6-percent decline the previous month. 
The January advance was the largest 1-month rise since monthly percent changes were first published in 
January 1989. Higher prices for both agricultural and nonagricultural exports in January contributed to the 
overall increase in U.S. export prices. The price index for U.S. exports advanced 15.1 percent from January 
2021 to January 2022. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 3.0 percent in January, after a 0.7-
percent increase in December. Higher prices in January for soybeans, other animal feeds, corn, vegetables, 
and cotton all contributed to the advance in export agricultural prices. Prices for agricultural exports rose 
18.0 percent over the past 12 months.                       

All Exports Excluding Agriculture: Nonagricultural prices rose 2.9 percent in January following a 1.9-
percent drop the previous month. The January increase was the largest advance since monthly percent 
changes were first published in January 1989. Higher prices for nonagricultural industrial supplies and 
materials; capital goods; consumer goods; automotive vehicles; and nonagricultural foods all contributed to 
the January increase in nonagricultural export prices. Prices for nonagricultural exports increased 14.7 
percent for the year ended in January.                

Nonagricultural Industrial Supplies and Materials: The price index for nonagricultural industrial supplies 
and materials advanced 5.5 percent in January, the largest monthly increase since March 2021. The January 
rise was led by an 11.7-percent advance in export fuel prices.        

Finished Goods: Prices for each of the major finished goods categories advanced in January. Capital goods 
prices rose 0.7 percent, the largest monthly increase since January 2013. Prices for consumer goods 
advanced 1.0 percent, the largest 1-month rise since June 2011. The price index for automotive vehicles 
increased 0.3 percent in January. 


More information for the major import and export price indexes can be found at 
www.bls.gov/web/ximpim/largest.htm.  


Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Import prices from China advanced 0.5 percent in January following a 0.7-
percent rise the previous month. The price index for imports from China has not recorded a decline since the 
index edged down 0.1 percent in October 2020. Prices for imports from China increased 4.8 percent on a 
12-month basis for the second consecutive month, the largest over-the-year advances since August 2008. 
Import prices from Japan rose 0.2 percent in January, the largest monthly increase since July 2021. The 
price index for imports from Japan advanced 1.7 percent for the year ended in January. Prices for imports 
from Canada increased 6.4 percent in January and import prices from Mexico rose 2.4 percent over the same 
period. The price index for imports from the European Union also advanced in January, increasing 0.7 
percent, after ticking up 0.1 percent in December. (See table 7.)

Exports by Locality of Destination: Prices for exports to China rose 2.2 percent in January following a 
1.2-percent decline the previous month. The January advance was the largest monthly increase since March 
2021 and the index rose 11.8 percent over the past 12 months. Export prices to Japan advanced 4.3 percent 
in January, after falling 1.7 percent in December. The January rise was the largest increase since June 2020. 
In January, export prices to Mexico and the European Union increased 3.3 percent and 3.2 percent, 
respectively. (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. U.S. terms of trade with China advanced 
1.7 percent in January, after declining 1.8 percent the previous month. The January increase was the largest 
monthly rise since March 2021. The index for U.S. terms of trade with China advanced 6.7 percent over the 
past year. U.S. terms of trade with Japan rose 4.1 percent in January, the largest 1-month increase since June 
2020. The index for U.S. terms of trade with Japan advanced 11.3 percent for the year ended in January. 
U.S. terms of trade with the European Union rose 2.4 percent in January and U.S. terms of trade with 
Mexico increased 1.0 percent over the same period. In contrast, the index for U.S. terms of trade with 
Canada fell 2.4 percent in January following a 1.9-percent advance in December. Higher import prices from 
Canada in January more than offset the increase in export prices to Canada. (See table 9.)


Import and Export Services

Imports: Import air passenger fares fell 19.4 percent in January, after increasing 5.1 percent in December. 
The January drop was the largest 1-month decline since monthly percent changes were first published in 
January 2001. Lower Latin American/Caribbean, Asian, and European fares all contributed to the January 
decrease in import air passenger fares. The index for import air passenger fares declined 5.2 percent over the 
past year, the first 12-month drop since March 2021. Prices for import air freight advanced 7.8 percent in 
January following a 12.8-percent decrease the previous month. The January increase was driven by a 10.2-
percent rise in the import price index for Asian air freight. Import air freight prices advanced 26.8 percent 
for the year ended in January. (See table 10.)

Exports: Export air passenger fares rose 7.7 percent in January, after increasing 2.3 percent in December 
and 0.9 percent in November. The January advance was the largest monthly increase since July 2021 and 
was led by higher Latin American/Caribbean and Asian fares. The index for export air passenger fares rose 
8.4 percent from January 2021 to January 2022. Export air freight prices advanced 2.8 percent in January 
following a 4.7-percent increase the previous month. Prices for export air freight rose 11.1 percent over the 
past 12 months.     


U.S. Import and Export Price Index data for February 2022 are scheduled for release on Wednesday, March 
16, 2022 at 8:30 a.m. (ET).


Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2021 to January 2022 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

All commodities

  100.000 137.3 140.1 10.8 1.5 0.7 -0.4 2.0

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

  83.810 106.8 108.0 6.2 0.5 0.5 0.6 1.1

All imports excluding petroleum

  91.571 122.0 123.7 7.5 0.7 0.7 0.4 1.4

All imports excluding fuels (Dec. 2001=100)

  90.768 125.5 127.2 6.9 0.5 0.6 0.5 1.4

Foods, feeds, & beverages

0

6.958 200.5 207.8 15.8 0.8 -0.1 0.4 3.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

5.498 216.4 225.4 15.8 0.8 -0.3 0.6 4.2

Nonagricultural foods (fish, distilled beverages)

01

1.460 165.8 168.3 15.7 0.8 0.7 -0.4 1.5

Industrial supplies & materials

1

28.048 246.2 259.0 34.5 5.2 2.3 -2.4 5.2

Industrial supplies & materials excluding petroleum

  19.565 211.8 219.0 25.0 2.3 3.0 1.0 3.4

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

  18.540 233.7 241.1 22.0 1.4 2.0 1.7 3.2

Industrial supplies & materials, durable

  12.660 227.4 235.6 17.4 0.5 1.9 1.7 3.6

Industrial supplies & materials nondurable excluding petroleum

  6.958 192.1 197.8 37.9 4.9 4.6 0.1 3.0

Fuels & lubricants

10

9.232 271.2 296.4 60.3 11.1 2.5 -8.3 9.3

Petroleum & petroleum products

100

8.429 283.5 310.3 57.7 10.5 1.2 -8.3 9.5

Crude petroleum

10000

5.693 286.4 324.0 57.7 11.9 -0.1 -10.3 13.1

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

101

0.680 259.1 281.3 106.2 20.5 18.5 -8.8 8.6

Natural gas

10110

0.555 250.3 276.7 118.4 20.8 22.5 -10.5 10.5

Paper & paper base stocks

11

0.492 124.1 126.1 15.9 -0.1 -2.8 -0.2 1.6

Materials associated with nondurable supplies & materials

12

5.664 206.2 211.0 32.5 3.1 2.9 1.9 2.3

Selected building materials

13

1.935 199.8 229.3 15.3 7.5 1.8 8.0 14.8

Unfinished metals related to durable goods

14

5.589 355.0 360.8 18.3 -2.2 2.6 -0.1 1.6

Finished metals related to durable goods

15

3.376 208.6 212.0 27.3 1.0 1.7 0.8 1.6

Nonmetals related to durable goods

16

1.761 123.4 125.0 9.5 0.7 0.4 1.3 1.3

Capital goods

2

26.174 90.5 91.3 3.0 0.2 0.2 0.1 0.9

Electric generating equipment

20

3.221 123.1 124.7 2.9 0.4 0.0 0.2 1.3

Nonelectrical machinery

21

21.322 82.3 82.9 3.0 0.4 0.1 0.1 0.7

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

22

1.631 139.3 142.1 3.6 -0.2 0.4 0.1 2.0

Automotive vehicles, parts & engines

3

12.759 113.9 114.0 2.3 0.4 0.2 0.1 0.1

Consumer goods, excluding automotives

4

26.061 109.4 110.0 2.8 0.1 0.3 0.5 0.5

Nondurables, manufactured

40

13.294 124.9 125.3 1.2 0.0 0.1 0.2 0.3

Durables, manufactured

41

12.036 94.3 95.0 4.1 0.3 0.2 0.5 0.7

Nonmanufactured consumer goods

42

0.731 126.1 129.6 10.2 -0.2 2.5 1.9 2.8

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

All commodities

  100.000 144.1 148.3 15.1 1.9 0.7 -1.6 2.9

Agricultural commodities

  12.181 231.2 238.1 18.0 1.1 1.1 0.7 3.0

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

  71.788 111.8 112.6 7.4 0.5 0.5 0.4 0.7

Nonagricultural commodities

  87.819 137.5 141.5 14.7 2.0 0.6 -1.9 2.9

Foods, feeds, & beverages

0

11.101 233.2 240.7 17.3 0.9 0.5 0.3 3.2

Agricultural foods, feeds & beverages, excluding distilled beverages

00

10.607 233.4 241.2 17.4 0.9 0.6 0.4 3.3

Nonagricultural foods (fish, distilled beverages)

01

0.493 232.8 235.6 14.2 1.9 0.1 -1.0 1.2

Industrial supplies & materials

1

41.093 199.8 210.5 32.6 4.1 1.3 -4.7 5.4

Industrial supplies & materials, durable

  11.013 214.2 217.6 10.0 0.0 2.0 -0.6 1.6

Industrial supplies & materials, nondurable

  30.081 192.0 204.9 43.6 5.7 1.0 -6.2 6.7

Agricultural industrial supplies & materials

10

1.545 225.2 227.0 22.0 2.4 4.9 2.5 0.8

Nonagricultural industrial supplies & materials

  39.548 199.0 210.0 33.0 4.2 1.2 -4.9 5.5

Fuels & lubricants

11

17.112 229.1 255.9 62.9 9.4 1.7 -11.3 11.7

Nonagricultural supplies & materials excluding fuels & building materials

12

21.518 201.9 203.6 16.4 0.5 0.7 0.0 0.8

Selected building materials

13

0.918 155.9 157.9 14.4 1.0 -0.2 -0.2 1.3

Capital goods

2

29.428 115.4 116.2 4.0 0.3 0.3 0.3 0.7

Electrical generating equipment

20

3.269 128.1 129.5 7.9 1.9 0.6 0.5 1.1

Nonelectrical machinery

21

21.342 97.6 98.2 3.7 0.3 0.2 0.2 0.6

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

22

4.816 192.5 194.2 3.4 0.2 0.1 0.4 0.9

Automotive vehicles, parts & engines

3

7.714 116.7 117.1 1.9 0.4 0.2 0.1 0.3

Consumer goods, excluding automotives

4

10.665 113.6 114.7 4.5 0.3 0.5 0.6 1.0

Nondurables, manufactured

40

5.757 110.0 110.6 2.6 0.4 0.3 0.1 0.5

Durables, manufactured

41

4.047 110.6 111.7 3.7 0.3 0.3 0.9 1.0

Nonmanufactured consumer goods (Dec. 2018=100)

42

0.860 107.4 111.2 17.7 -0.4 2.2 2.7 3.5

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Nonmanufacturing

  8.822 141.2 156.8 51.9 9.5 1.7 -7.7 11.0

Agriculture, forestry, fishing and hunting

11

2.208 202.8 219.0 24.1 -0.9 0.2 0.8 8.0

Crop production

111

1.813 214.3 234.9 26.1 -1.1 0.4 1.2 9.6

Mining

21

6.614 137.9 154.5 62.5 12.7 2.0 -9.9 12.0

Oil and gas extraction

211

6.339 136.5 153.8 63.3 13.0 2.1 -10.6 12.7

Manufacturing

  90.781 120.3 121.8 7.8 0.8 0.7 0.3 1.2

Manufacturing, part 1

31

11.337 134.7 136.3 7.7 0.6 0.4 0.3 1.2

Food manufacturing

311

4.146 178.4 181.9 15.2 2.0 0.0 0.0 2.0

Beverage and tobacco product manufacturing

312

1.111 132.8 132.4 2.8 0.1 0.1 -0.1 -0.3

Textile mills (Dec. 2011=100)

313

0.405 121.2 124.0 22.4 0.1 5.5 5.1 2.3

Textile product mills

314

1.536 112.0 112.5 5.3 -0.6 0.5 0.5 0.4

Apparel manufacturing

315

2.927 114.6 115.8 2.7 0.0 0.4 0.3 1.0

Leather and allied product manufacturing

316

1.212 128.6 129.3 4.7 0.1 0.2 0.5 0.5

Manufacturing, part 2

32

20.728 144.9 148.5 17.2 2.8 1.5 0.7 2.5

Wood product manufacturing (Dec. 2019=100)

321

1.211 168.3 212.9 22.1 12.0 3.1 13.2 26.5

Paper manufacturing

322

0.964 115.8 116.7 9.3 0.2 -2.8 0.0 0.8

Petroleum and coal products manufacturing

324

2.439 125.2 128.0 56.5 7.0 4.2 -3.5 2.2

Chemical manufacturing

325

12.486 156.7 158.3 13.7 1.9 1.2 0.8 1.0

Plastics and rubber products manufacturing

326

2.516 129.0 129.4 5.1 0.3 0.5 0.2 0.3

Nonmetallic mineral product manufacturing

327

0.941 138.1 138.6 5.3 1.0 0.7 0.9 0.4

Manufacturing, part 3

33

58.715 110.2 111.1 4.8 0.1 0.5 0.3 0.8

Primary metal manufacturing

331

7.130 230.2 234.6 19.0 -1.7 2.3 -0.3 1.9

Fabricated metal product manufacturing

332

3.203 145.8 147.0 14.3 0.5 1.1 0.6 0.8

Machinery manufacturing

333

6.863 123.8 125.1 3.7 0.5 0.2 0.1 1.1

Computer and electronic product manufacturing

334

16.218 73.1 73.5 2.5 0.1 0.1 -0.3 0.5

Electrical equipment, appliance, and component manufacturing

335

5.350 122.7 125.0 6.3 1.0 0.4 0.8 1.9

Transportation equipment manufacturing

336

13.246 112.9 113.2 2.2 0.3 0.2 0.1 0.3

Furniture and related product manufacturing

337

1.824 123.3 123.6 6.6 1.1 0.5 1.8 0.2

Miscellaneous manufacturing

339

4.882 122.5 123.5 1.9 -0.1 0.6 1.2 0.8

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Nonmanufacturing

  17.687 182.5 198.6 45.5 6.7 2.1 -7.5 8.8

Agriculture, forestry, fishing and hunting

11

6.590 205.2 214.3 19.1 0.3 2.2 1.2 4.4

Crop production

111

6.204 216.3 226.5 19.0 0.2 2.5 1.3 4.7

Mining

21

11.098 113.0 125.9 66.3 10.4 2.0 -12.0 11.4

Oil and gas extraction (Dec. 2021=100)

211

9.587 100.0 114.1 - - - - 14.1

Mining (except oil and gas)

212

1.510 160.2 150.7 56.5 6.1 21.8 1.0 -5.9

Manufacturing

  80.289 128.4 130.7 10.7 1.1 0.4 -0.5 1.8

Manufacturing, part 1

31

7.107 165.4 168.0 14.8 1.1 0.1 0.1 1.6

Food manufacturing

311

5.363 194.3 197.1 19.4 1.7 0.1 -0.3 1.4

Beverage and tobacco product manufacturing

312

0.552 137.0 137.5 0.4 -0.6 1.6 1.3 0.4

Manufacturing, part 2

32

26.089 133.0 137.2 23.3 3.1 0.4 -2.2 3.2

Wood product manufacturing (Dec. 2017=100)

321

0.533 136.2 137.0 21.9 0.4 0.1 0.0 0.6

Paper manufacturing

322

1.562 137.0 139.1 15.4 1.2 -0.4 0.3 1.5

Petroleum and coal products manufacturing

324

6.197 127.6 142.4 56.1 9.2 1.6 -9.5 11.6

Chemical manufacturing

325

14.853 139.7 140.5 16.5 1.1 0.1 0.4 0.6

Plastics and rubber products manufacturing

326

2.104 126.6 126.8 9.0 1.6 0.6 0.6 0.2

Nonmetallic mineral product manufacturing

327

0.678 120.3 121.0 -1.5 -0.4 -1.6 -1.2 0.6

Manufacturing, part 3

33

47.093 122.5 123.8 4.7 0.2 0.4 0.3 1.1

Primary metal manufacturing

331

4.455 212.2 217.5 12.0 -1.5 1.9 -0.6 2.5

Fabricated metal product manufacturing

332

2.537 161.4 166.2 8.3 0.1 0.8 0.7 3.0

Machinery manufacturing

333

8.290 136.4 137.6 5.3 0.7 0.4 0.4 0.9

Computer and electronic product manufacturing

334

12.482 83.2 83.5 2.5 -0.1 0.0 0.2 0.4

Electrical equipment, appliance, and component manufacturing

335

3.286 125.4 127.3 7.9 1.7 0.9 1.1 1.5

Transportation equipment manufacturing

336

11.546 133.9 134.8 2.7 0.3 0.1 0.2 0.7

Miscellaneous manufacturing

339

4.175 125.1 126.5 5.7 -0.3 0.6 0.8 1.1

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Live animals; animal products

I

1.556 230.8 232.7 17.4 1.8 -0.8 -0.4 0.8

Meat and edible meat offal

02

0.471 337.9 336.1 21.2 5.7 -4.9 -1.5 -0.5

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.798 160.6 165.3 20.0 0.5 0.9 -0.2 2.9

Vegetable products

II

2.182 232.8 257.8 24.7 -1.1 0.5 0.8 10.7

Edible vegetables, roots, and tubers

07

0.405 389.2 492.4 13.7 -0.1 -2.5 -5.7 26.5

Edible fruit and nuts; peel of citrus fruit or melons

08

0.827 120.9 130.4 25.9 -3.2 -3.3 5.1 7.9

Coffee, tea, mate and spices

09

0.435 297.8 302.3 35.9 1.8 6.5 2.9 1.5

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

III

0.439 148.3 147.8 37.6 2.1 -1.1 0.0 -0.3

Prepared foodstuffs, beverages, and tobacco

IV

3.221 181.0 182.7 7.5 0.9 0.8 0.2 0.9

Sugars and sugar confectionary (Dec. 2021=100)

17

0.210 100.0 102.5 - - - - 2.5

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.202 99.8 102.1 2.9 -0.4 0.5 -0.6 2.3

Beverages, spirits, and vinegar

22

1.092 146.4 146.0 3.6 0.2 0.8 -0.5 -0.3

Mineral products

V

9.214 277.1 303.1 61.8 11.5 2.3 -7.9 9.4

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

27

8.837 270.3 296.7 62.0 11.8 2.4 -8.3 9.8

Products of the chemical or allied industries

VI

11.621 174.9 176.2 12.4 1.4 1.2 1.2 0.7

Inorganic chemicals

28

0.744 508.4 520.5 82.1 0.5 9.5 9.4 2.4

Organic chemicals

29

2.705 147.4 149.9 17.3 1.5 1.0 1.1 1.7

Pharmaceutical products

30

5.532 151.0 150.1 -1.6 -0.2 0.0 0.1 -0.6

Miscellaneous chemical products

38

0.839 116.1 116.6 8.0 0.1 0.3 1.0 0.4

Plastics and articles thereof; rubber and articles thereof

VII

3.892 158.9 160.0 6.8 0.5 0.5 0.5 0.7

Plastics and articles thereof

39

2.737 164.1 165.5 11.4 0.7 0.7 0.4 0.9

Rubber and articles thereof

40

1.155 151.3 151.8 -1.7 0.1 0.2 0.8 0.3

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

42

0.424 139.5 140.7 7.2 0.2 0.4 0.8 0.9

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

IX

1.245 246.8 313.4 24.6 12.0 3.2 12.8 27.0

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

44

1.222 172.3 219.7 25.0 12.4 3.3 13.1 27.5

Woodpulp, recovered paper, and paper products

X

0.938 121.1 122.2 9.2 -0.2 -3.1 0.3 0.9

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

48

0.606 108.2 112.3 7.6 0.4 -2.6 0.0 3.8

Textile and textile articles

XI

4.707 118.5 119.8 4.7 -0.2 0.8 0.7 1.1

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.299 123.6 123.9 1.5 -0.1 0.3 0.2 0.2

Made-up or worn textile articles

63

1.271 106.4 106.9 6.9 0.0 0.5 0.4 0.5

Headgear, umbrellas, artificial flowers, etc.

XII

1.058 127.5 127.9 3.6 0.2 -0.1 0.5 0.3

Footwear and parts of such articles

64

0.876 125.8 126.2 3.7 0.1 0.2 0.5 0.3

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

XIII

0.813 132.0 132.1 -0.1 0.1 0.2 0.0 0.1

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100)

68

0.300 99.3 99.4 -0.8 0.2 0.5 0.1 0.1

Glass and glassware (Dec. 2021=100)

70

0.281 100.0 99.7 - - - - -0.3

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

XIV

4.631 226.5 230.6 -2.5 -5.2 2.8 -0.3 1.8

Base metals and articles of base metals

XV

6.063 233.1 238.4 28.0 1.6 1.9 1.1 2.3

Iron and steel

72

1.163 312.1 312.4 34.7 1.0 2.7 1.3 0.1

Articles of iron or steel

73

1.830 193.6 200.4 33.8 2.1 2.3 1.1 3.5

Copper and articles thereof

74

0.528 405.8 415.5 20.4 -2.2 1.8 -0.7 2.4

Aluminum and articles thereof

76

1.119 192.8 198.1 30.1 3.2 0.3 1.2 2.7

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

82

0.422 127.0 126.9 3.3 0.1 0.6 -0.1 -0.1

Miscellaneous articles of base metal

83

0.529 145.5 147.2 8.3 1.1 0.7 0.1 1.2

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

XVI

28.665 81.2 81.8 3.3 0.2 0.2 0.0 0.7

Machinery and mechanical appliances; parts thereof

84

14.699 87.4 88.2 3.6 0.2 0.2 0.0 0.9

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

85

13.967 75.4 75.8 3.0 0.3 0.1 0.1 0.5

Vehicles, aircraft, vessels and associated transport equipment

XVII

11.169 117.4 117.5 1.9 0.3 0.2 0.2 0.1

Motor vehicles and their parts

87

10.372 116.7 116.7 1.8 0.4 0.1 0.2 0.0

Aircraft, spacecraft, and parts thereof (Dec. 2020=100)

88

0.703 101.2 102.1 2.2 -0.6 0.9 0.1 0.9

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

XVIII

3.787 102.2 103.1 0.6 0.3 -0.3 0.1 0.9

Optical, photographic, measuring and medical instruments

90

3.568 98.1 98.9 0.3 0.2 -0.3 0.0 0.8

Miscellaneous manufactured articles

XX

4.257 115.8 116.1 4.5 0.5 0.4 1.0 0.3

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

94

2.587 123.9 124.3 5.9 0.8 0.5 1.4 0.3

Toys, games and sports equipment; parts and accessories thereof

95

1.412 102.7 102.8 2.1 0.1 0.3 0.2 0.1

Miscellaneous manufactured articles

96

0.258 130.4 131.8 3.4 0.1 -0.7 1.2 1.1

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Live animals; animal products

I

2.421 276.5 277.4 28.0 1.7 0.4 -0.5 0.3

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

02

1.555 227.4 226.7 30.1 1.1 0.9 -1.6 -0.3

Vegetable products

II

6.019 261.5 274.8 15.6 -0.4 1.5 1.2 5.1

Edible fruit and nuts; peel of citrus fruit or melons

08

1.049 149.8 148.1 9.4 -0.7 1.3 0.6 -1.1

Cereals

10

1.885 302.9 308.8 26.8 3.0 4.3 1.2 1.9

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

12

2.538 263.0 288.2 7.4 -2.7 -0.3 1.7 9.6

Prepared foodstuffs, beverages, and tobacco

IV

2.997 171.3 175.5 7.7 1.0 0.4 -0.2 2.5

Miscellaneous edible preparations (Dec. 2017=100)

21

0.599 103.4 105.2 4.2 -0.2 -0.2 0.1 1.7

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

22

0.499 110.0 109.9 0.3 0.0 -0.1 -0.2 -0.1

Residues and waste from the food industries; prepared animal feed

23

0.884 290.8 306.5 14.6 2.7 1.7 -0.2 5.4

Mineral products

V

17.334 278.5 310.5 62.7 9.8 2.0 -10.7 11.5

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

26

0.621 143.6 143.4 28.2 6.5 7.7 -1.6 -0.1

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

27

16.543 265.9 297.9 64.7 10.1 1.8 -11.2 12.0

Products of the chemical or allied industries

VI

11.884 158.1 159.8 14.1 1.0 1.2 0.3 1.1

Organic chemicals

29

2.827 186.7 184.9 19.4 2.1 1.5 -0.2 -1.0

Pharmaceutical products

30

3.372 108.5 108.8 0.6 0.2 0.3 -0.1 0.3

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.824 137.1 140.7 8.4 0.5 0.5 0.0 2.6

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

34

0.452 131.1 131.2 5.0 0.0 3.8 -0.3 0.1

Miscellaneous chemical products

38

2.290 184.3 189.5 22.1 0.4 0.5 -0.5 2.8

Plastics and articles thereof; rubber and articles thereof

VII

5.564 175.6 173.7 17.0 1.4 -1.6 1.0 -1.1

Plastics and articles thereof

39

4.804 176.4 174.3 18.7 1.4 -2.0 1.1 -1.2

Rubber and articles thereof

40

0.760 165.0 164.7 8.5 1.7 0.2 0.2 -0.2

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

IX

0.636 130.6 131.6 19.1 0.0 0.1 0.2 0.8

Woodpulp, recovered paper, and paper products

X

1.850 144.2 145.1 13.6 0.5 -1.8 -0.1 0.6

Woodpulp and recovered paper (Dec. 2019=100)

47

0.689 166.3 163.2 27.0 -1.2 -5.7 -0.6 -1.9

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

48

0.940 135.1 138.8 10.9 2.1 0.8 0.1 2.7

Textile and textile articles

XI

1.702 142.2 146.4 19.8 1.7 3.0 1.6 3.0

Cotton, including yarns and woven fabrics thereof

52

0.726 174.2 182.3 43.8 4.8 8.5 2.8 4.6

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

XIII

0.649 130.9 132.6 -1.6 -0.5 -0.5 -0.5 1.3

Glass and glassware (Dec. 2019=100)

70

0.386 98.9 98.9 -0.2 -0.8 0.2 -0.1 0.0

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

XIV

4.036 310.1 310.5 -1.1 -3.8 1.0 0.4 0.1

Base metals and articles of base metals

XV

4.767 209.0 216.8 17.8 1.6 3.4 -1.3 3.7

Iron and steel (Dec. 2020=100)

72

1.371 168.8 176.5 32.6 2.1 6.1 0.4 4.6

Copper and articles thereof

74

0.595 269.1 282.7 23.4 -0.4 1.5 -1.5 5.1

Aluminum and articles thereof

76

0.844 148.4 152.6 18.4 5.0 7.7 -8.5 2.8

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

XVI

24.404 101.1 101.8 3.9 0.3 0.3 0.4 0.7

Machinery and mechanical appliances; parts thereof

84

14.037 120.5 121.6 4.6 0.3 0.3 0.3 0.9

Electrical machinery and equipment and parts and accessories thereof

85

10.366 80.3 80.7 2.9 0.3 0.3 0.5 0.5

Vehicles, aircraft, vessels and associated transport equipment

XVII

8.545 142.7 143.5 3.2 0.5 0.1 0.2 0.6

Motor vehicles and their parts

87

6.421 120.0 120.6 3.0 0.6 0.2 0.1 0.5

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

XVIII

5.383 111.8 111.8 1.4 0.1 0.0 0.2 0.0

Miscellaneous manufactured articles

XX

1.094 121.5 123.9 7.2 0.1 0.9 0.3 2.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.588 142.2 143.3 4.5 0.1 1.3 0.8 0.8

Toys, games and sports equipment; parts and accessories thereof

95

0.356 94.4 99.0 12.6 0.0 0.4 0.0 4.9

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Industrialized Countries(2)

100.000 141.4 145.6 11.6 2.0 1.0 -0.9 3.0

Nonmanufacturing

11.738 247.7 276.6 63.8 12.0 3.6 -10.3 11.7

Manufacturing

87.220 132.3 134.9 6.9 0.8 0.6 0.3 2.0

Canada

100.000 173.3 184.4 26.6 5.8 2.0 -3.1 6.4

Nonmanufacturing

31.922 244.6 275.0 66.4 12.6 3.8 -11.0 12.4

Manufacturing

66.626 156.9 163.0 14.4 3.0 1.0 0.4 3.9

European Union

100.000 146.8 147.9 4.9 -0.3 0.2 0.1 0.7

Manufacturing

98.719 142.3 143.3 4.5 -0.4 0.2 0.0 0.7

France (Dec. 2003=100)

100.000 137.3 137.9 6.2 0.3 0.4 -0.2 0.4

Germany (Dec. 2003=100)

100.000 119.0 122.2 5.2 0.0 0.5 0.0 2.7

United Kingdom (Dec. 2003=100)

100.000 131.5 133.5 6.4 0.0 0.7 0.8 1.5

Latin America(3)

100.000 161.8 166.1 12.9 1.9 0.6 -0.5 2.7

Nonmanufacturing

15.451 299.5 329.7 41.6 7.1 0.2 -5.2 10.1

Manufacturing

84.266 131.4 133.2 8.8 1.0 0.7 0.3 1.4

Mexico (Dec. 2003=100)

100.000 135.8 139.0 8.4 0.9 0.5 -0.7 2.4

Nonmanufacturing (Dec. 2008=100)

9.335 145.7 168.3 40.4 3.0 -1.2 -9.3 15.5

Manufacturing (Dec. 2008=100)

90.388 93.5 94.4 5.8 0.7 0.6 0.1 1.0

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

100.000 103.0 103.8 5.2 0.5 0.3 0.5 0.8

China (Dec. 2003=100)

100.000 103.4 103.9 4.8 0.3 0.2 0.7 0.5

Japan

100.000 99.0 99.2 1.7 0.0 0.1 0.0 0.2

Taiwan (Dec. 2018=100)

100.000 107.1 109.1 10.3 1.4 0.8 0.4 1.9

Asian NICs(5)

100.000 94.7 96.3 10.4 0.7 0.9 -0.2 1.7

ASEAN (Dec. 2003=100)(6)

100.000 101.8 102.3 3.1 0.5 0.3 0.3 0.5

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

100.000 211.0 224.1 32.5 5.1 -1.0 -1.3 6.2

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Industrialized Countries(2)

100.000 114.5 117.4 11.0 1.6 0.7 -1.0 2.5

Nonmanufacturing

14.497 135.4 148.1 39.1 8.3 1.9 -6.2 9.4

Manufacturing

83.811 112.2 113.8 7.8 0.8 0.5 -0.2 1.4

Canada

100.000 118.8 123.4 14.6 1.4 0.4 -1.2 3.9

Nonmanufacturing (Dec. 2020=100)

11.007 136.9 150.4 35.9 8.9 -0.2 -7.1 9.9

Manufacturing (Dec. 2020=100)

87.746 110.6 114.1 12.6 0.7 0.5 -0.5 3.2

European Union

100.000 113.0 116.6 9.9 1.7 0.5 -0.9 3.2

Nonmanufacturing

18.362 134.9 146.9 46.9 7.8 2.0 -4.4 8.9

Manufacturing

79.948 109.2 111.2 4.8 0.8 0.2 -0.1 1.8

Germany

100.000 107.3 109.5 0.9 0.1 -0.1 0.0 2.1

Latin America(3)

100.000 121.5 127.5 24.0 2.7 0.9 -2.5 4.9

Nonmanufacturing

12.693 186.0 201.8 54.6 5.6 6.4 -3.7 8.5

Manufacturing

86.811 116.2 121.3 20.6 2.3 0.3 -2.4 4.4

Mexico

100.000 121.5 125.5 22.4 2.2 0.4 -3.0 3.3

Nonmanufacturing

9.679 154.5 158.5 27.0 9.3 -0.7 -14.6 2.6

Manufacturing

89.900 119.3 123.3 22.1 1.5 0.5 -1.7 3.4

Pacific Rim(4)

100.000 114.0 115.9 12.4 1.1 1.2 -1.0 1.7

Nonmanufacturing

25.324 135.0 139.9 38.2 4.2 5.3 -2.5 3.6

Manufacturing

72.383 109.0 110.0 7.0 0.5 0.5 -0.6 0.9

China

100.000 110.5 112.9 11.8 0.8 1.1 -1.2 2.2

Nonmanufacturing

32.421 116.6 122.2 20.0 1.7 4.1 -1.2 4.8

Manufacturing

65.918 110.2 111.0 8.7 0.6 0.5 -1.1 0.7

Japan

100.000 113.1 118.0 13.2 1.0 1.1 -1.7 4.3

Nonmanufacturing

28.023 133.1 148.8 41.8 6.1 3.4 -3.8 11.8

Manufacturing

70.552 106.9 108.3 5.8 0.0 0.4 -0.9 1.3

Footnotes
(1) Relative importance figures are based on 2020 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 2021 to January 2022(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Industrialized Countries(2)

99.1 98.7 -0.5 -0.5 -0.2 -0.1 -0.4

Canada

90.1 87.9 -9.6 -4.2 -1.4 1.9 -2.4

European Union

103.6 106.1 4.7 2.1 0.3 -1.0 2.4

Germany

103.8 103.1 -4.1 0.1 -0.6 0.0 -0.7

Latin America(3)

111.8 114.3 9.8 0.9 0.3 -2.0 2.2

Mexico

115.4 116.5 13.0 1.3 -0.1 -2.3 1.0

Pacific Rim(4)

108.9 109.9 6.9 0.6 0.9 -1.5 0.9

China

107.0 108.8 6.7 0.6 0.9 -1.8 1.7

Japan

109.1 113.6 11.3 1.0 1.0 -1.7 4.1

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 2021 to January 2022 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2021(1)
Index Percent change
Dec.
2021
Jan.
2022
Annual Monthly
Jan.
2021
to
Jan.
2022
Sep.
2021
to
Oct.
2021
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022

Air Freight

Import Air Freight

100.000 355.6 383.2 26.8 4.6 13.9 -12.8 7.8

Europe (Dec. 2003=100)

25.572 300.3 301.9 21.7 2.8 17.1 -0.1 0.5

Asia

74.428 352.5 388.5 24.5 4.8 12.9 -17.0 10.2

Export Air Freight

100.000 182.7 187.8 11.1 1.5 0.0 4.7 2.8

Europe (Dec. 2006=100)

29.629 158.1 161.1 10.3 1.0 -1.6 7.1 1.9

Asia (Dec. 2011=100)

49.162 140.5 141.5 14.9 2.0 0.8 7.4 0.7

Inbound Air Freight

100.000 274.3 295.4 23.0 4.2 7.9 -5.0 7.7

Europe (Dec. 2003=100)

23.765 201.8 206.9 16.2 2.0 13.9 -0.4 2.5

Asia

70.756 282.0 308.8 24.3 4.6 7.3 -6.4 9.5

Outbound Air Freight

100.000 211.6 226.2 49.6 1.4 31.6 5.6 6.9

Europe (Dec. 2003=100)

26.650 180.2 179.3 11.6 0.5 -2.9 10.1 -0.5

Asia

58.097 253.1 277.4 91.7 2.5 70.8 5.6 9.6

Air Passenger Fares

Import Air Passenger Fares

100.000 174.7 140.8 -5.2 -1.4 0.2 5.1 -19.4

Europe

34.087 172.4 161.3 22.3 2.0 1.4 -6.0 -6.4

Asia

19.056 170.8 131.2 -30.9 -2.3 -4.0 12.4 -23.2

Latin America/Caribbean

14.349 161.0 106.0 6.3 0.9 5.7 33.1 -34.2

Export Air Passenger Fares

100.000 171.5 184.7 8.4 -2.3 0.9 2.3 7.7

Europe

26.772 205.3 204.9 9.4 -0.7 0.7 1.1 -0.2

Asia

23.823 188.2 208.4 2.7 -3.4 -0.5 3.9 10.7

Latin America/Caribbean

29.578 153.6 182.2 17.1 -1.5 -0.1 6.7 18.6

Footnotes
(1) Relative importance figures are based on 2020 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.   

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access 
telecommunications relay services.

Last Modified Date: February 16, 2022