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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-21-0436
8:30 a.m. (ET) Tuesday, March 16, 2021

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


                              U.S. IMPORT AND EXPORT PRICE INDEXES - FEBRUARY 2021                              

U.S. import prices advanced 1.3 percent in February following a 1.4-percent increase in January, the U.S. 
Bureau of Labor Statistics reported today. Higher fuel and nonfuel prices contributed to the advances in 
each of the past 2 months. Prices for U.S. exports also rose in February, increasing 1.6 percent, after 
advancing 2.5 percent the previous month.  
___________________________________________________________________________________________________________

Coronavirus (COVID-19) Pandemic Impact on February 2021 Import and Export Price Index Data
The Bureau of Labor Statistics did not make changes to either the collection method or estimation 
methodology for the February 2021 release of U.S. Import and Export Price Indexes. Survey response rates 
for February were 5.2-percentage points lower than those in February 2020. Additional information is 
available at www.bls.gov/covid19/import-export-price-indexes-covid19-impacts-february-2021.htm.
___________________________________________________________________________________________________________

Imports 

The price index for U.S. imports increased 1.3 percent in February following a 1.4-percent advance the 
previous month. The January rise was the largest monthly advance since March 2012. With the exception of 
a 0.1-percent downturn in October, import prices have increased each month since April 2020. Prices for 
U.S. imports rose 3.0 percent over the past year, the largest 12-month advance since the index increased 3.4 
percent from October 2017 to October 2018. (See table 1.) 

Fuel Imports: Prices for import fuel advanced 11.1 percent in February, after increasing 9.0 percent in 
January, 7.3 percent in December, and 4.4 percent in November. The February rise was the largest advance   
since the index increased 15.2 percent in July 2020. An 11.3-percent rise in petroleum prices and an 11.2- 
percent advance in natural gas prices each contributed to the February increase in import fuel prices. The 
price index for import fuel rose 6.5 percent over the past year, the first 12-month advance since a 13.2-
percent increase in January 2020. Prices for petroleum imports rose 5.5 percent for the year ended in 
February and natural gas prices advanced 44.8 percent over the same period.  
 
All Imports Excluding Fuel: Nonfuel import prices increased 0.4 percent in February following advances 
of 0.9 percent in January and 0.4 percent in December. In February, higher prices for nonfuel industrial 
supplies and materials; foods, feeds, and beverages; capital goods; consumer goods; and automotive 
vehicles all contributed to the rise in nonfuel import prices. Prices for nonfuel imports increased 2.8 percent 
over the past 12 months, the largest over-the-year advance since the index rose 2.9 percent in January 2012.     

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 1.5 
percent in February, after advancing 4.4 percent the previous month. The February rise was led by a 2.2-
percent increase in chemical prices and a 1.7-percent advance in unfinished metal prices.     

Finished Goods: Prices for each of the major finished goods categories rose in February. The price indexes 
for capital goods, consumer goods, and automotive vehicles all ticked up 0.1 percent.    

Foods, Feeds, and Beverages: Prices for import foods, feeds, and beverages advanced 1.6 percent in 
February, after increasing 1.8 percent the previous month. The February rise was led by higher prices for 
fruit, meat, and alcoholic beverages.    

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

2020

February

-0.7 -9.1 0.2 -1.2 -2.9 -1.1

March

-2.4 -26.5 0.0 -1.4 -1.4 -1.4

April

-2.6 -30.9 -0.5 -3.5 -3.3 -3.5

May

0.7 13.9 0.1 0.0 -0.4 0.0

June

1.3 20.6 0.3 1.8 1.6 1.7

July

1.2 15.2 0.2 1.0 1.6 0.9

August

0.9 3.7 0.7 0.5 -2.2 0.9

September

0.2 -4.7 0.5 0.6 2.8 0.3

October

-0.1 -1.0 0.0 0.2 3.5 -0.2

November

0.1 4.4 -0.2 (r)0.8 3.5 0.5

December

1.0 (r)7.3 0.4 (r)1.2 (r)1.0 1.3

2021

January

1.4 (r)9.0 (r)0.9 2.5 6.0 2.2

February

1.3 11.1 0.4 1.6 2.9 1.5

Feb. 2019 to 2020

-1.3 -6.6 -0.8 -1.4 -0.1 -1.6

Feb. 2020 to 2021

3.0 6.5 2.8 5.2 16.1 4.1

Footnotes
(r) Revised

Exports 

U.S export prices advanced 1.6 percent in February, after a 2.5-percent rise in January which was the largest 
1-month increase since the index was first published monthly in December 1988. Prices for U.S. exports 
advanced 5.2 percent for the year ended in February and have not recorded a monthly decline since the 
index fell 3.5 percent in April 2020. The February 12-month rise was the largest over-the-year increase 
since the index advanced 5.3 percent in June 2018. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 2.9 percent following a 6.0-percent 
increase the previous month. Export agricultural prices have not recorded a monthly drop since August 
2020. In February, higher prices for corn, fruit, soybeans, cotton, dairy products, meat, and wheat more than 
offset lower nut prices. Prices for agricultural exports advanced 16.1 percent over the past year, the largest 
12-month rise since the index increased 22.7 percent in September 2011. The advance was primarily led by 
higher soybean and corn prices.              

All Exports Excluding Agriculture: Nonagricultural export prices rose 1.5 percent in February, after 
increases of 2.2 percent in January and 1.3 percent in December. Higher prices for nonagricultural industrial 
supplies and materials, capital goods, consumer goods, and automotive vehicles all contributed to the 
February advance. Prices for nonagricultural exports rose 4.1 percent from February 2020 to February 2021, 
the largest 12-month increase since August 2018.          

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials advanced 3.6 percent in February following a 5.8-percent rise the previous month. The February 
increase was led by an 8.8-percent rise in export fuel prices. 

Finished Goods: Prices for each of the major finished goods categories advanced in February. Capital goods 
prices increased 0.4 percent for the second consecutive month in February, driven by higher prices for 
transportation equipment excluding automobiles. Prices for consumer goods rose 0.3 percent in February, 
after declining 0.6 percent in January. The price index for medicinal, dental, and pharmaceutical materials 
was the largest contributor to the movement in both months. Automotive vehicle prices also rose in 
February, ticking up 0.1 percent.

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: The price index for imports from China rose 0.3 percent in February, after 
increasing 0.2 percent in January and 0.4 percent in December. The 0.9-percent advance from November to 
February was the largest 3-month increase since the index rose 1.0 percent for the 3 months ended 
November 2011. Prices for imports from China increased 1.2 percent over the past year, the largest 12-
month advance since June 2012. Import prices from Japan also rose in February, ticking up 0.1 percent 
following a 0.3-percent increase the previous month. The price index for imports from Japan advanced 0.7 
percent over the past 12 months, the largest over-the-year rise since the index increased 1.0 percent from 
December 2017 to December 2018. Prices for imports from Canada advanced 3.8 percent in February, led 
by higher fuel prices. Import prices from Mexico and the European Union each increased 0.7 percent in 
February. (See table 7.)
	
Exports by Locality of Destination: Prices for exports to China rose 0.6 percent in February, after ticking 
up 0.1 percent the previous month. The price index for exports to China increased 5.4 percent over the past 
12 months, the largest over-the-year advance since the index was first published in December 2017. Export 
prices to Japan rose 1.5 percent in February following a 2.0-percent increase in January. Prices for exports 
to Japan also recorded the largest 12-month increase since the index was first published in December 2017, 
advancing 6.2 percent. The price indexes for exports to Canada and Mexico also rose in February, 
increasing 1.1 percent and 2.3 percent, respectively. Export prices to the European Union advanced 1.3 
percent in February and 4.3 percent over the past 3 months. (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 rose 0.3 
percent in February, after edging down 0.1 percent the previous month. In February, rising export prices to 
China more than offset advancing import prices from China. The index for U.S. terms of trade with China 
increased 4.1 percent over the past year, the largest 12-month advance since the index was first published in 
December 2017. U.S. terms of trade with Japan rose 1.4 percent in February following a 1.7-percent 
increase in January. The index for U.S terms of trade with Japan has not recorded a monthly decrease since 
April 2020. U.S. terms of trade with Mexico and the European Union also advanced in February, rising 1.6 
percent and 0.6 percent, respectively. In contrast, U.S. terms of trade with Canada declined 2.6 percent in 
February. (See table 9.)

Import and Export Services

Imports: The index for import air passenger fares advanced 1.9 percent in February, after declining 5.6 
percent in January. In February, higher European fares more than offset lower Asian fares. Despite the 
February increase, import air passenger fares decreased 12.2 percent over the past 12 months. Import air 
freight prices fell 1.8 percent in February following a 5.8-percent decrease the previous month. Prior to that, 
prices for import air freight rose 21.6 percent from September to December. Even with the recent downturn, 
import air freight prices advanced 68.4 percent over the past year. (See table 10.)

Exports: Export air passenger fares declined 4.7 percent in February, after increasing 11.2 percent in 
January. The February decrease was driven by lower Latin American/Caribbean and Asian fares which 
more than offset higher European fares. Despite the drop, export air passenger fares advanced 13.5 percent 
for the year ended in February. Prices for export air freight fell 0.7 percent in February following a 1.4-
percent increase in January. Export air freight prices also declined over the past 12 months, decreasing 0.4 
percent from February 2020 to February 2021.   
		
U.S. Import and Export Price Index data for March are scheduled for release on Wednesday, April 14, 2021 at 
8:30 a.m. (ET).


Table 1. U.S. import price indexes and percent changes for selected categories of goods: February 2020 to February 2021 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

All commodities

  100.000 126.4 128.0 3.0 0.1 1.0 1.4 1.3

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

  86.099 101.7 102.0 2.9 -0.1 0.4 0.9 0.3

All imports excluding petroleum

  93.030 115.0 115.6 2.9 0.0 0.4 0.9 0.5

All imports excluding fuels (Dec. 2001=100)

  92.440 119.0 119.5 2.8 -0.2 0.4 0.9 0.4

Foods, feeds, & beverages

0

6.342 179.4 182.2 0.8 -2.2 0.2 1.8 1.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.937 194.7 198.4 1.5 -2.7 0.0 1.8 1.9

Nonagricultural foods (fish, distilled beverages)

01

1.405 145.6 146.0 -1.4 -0.1 0.7 1.8 0.3

Industrial supplies & materials

1

22.368 192.6 201.7 10.9 1.3 4.0 5.9 4.7

Industrial supplies & materials excluding petroleum

  15.605 175.3 178.4 14.8 0.9 2.0 4.1 1.8

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

  14.886 197.7 200.6 14.2 -0.2 2.3 4.4 1.5

Industrial supplies & materials, durable

  9.828 201.2 203.7 19.7 -0.7 2.8 6.0 1.2

Industrial supplies & materials nondurable excluding petroleum

  5.570 143.1 146.8 7.1 3.6 0.7 1.1 2.6

Fuels & lubricants

10

7.560 184.8 205.3 6.5 4.4 7.3 9.0 11.1

Petroleum & petroleum products

100

6.970 196.7 219.0 5.5 2.5 8.5 9.9 11.3

Crude

10000

4.604 205.4 231.9 11.8 3.9 10.7 10.5 12.9

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

101

0.495 136.0 149.9 38.8 37.9 -6.4 -1.6 10.2

Gas-natural

10110

0.418 126.3 140.5 44.8 44.2 -7.3 -2.2 11.2

Paper & paper base stocks

11

0.469 108.3 109.3 -0.1 1.1 0.4 -1.3 0.9

Materials associated with nondurable supplies & materials

12

4.512 159.0 161.9 5.1 0.6 1.7 1.8 1.8

Selected building materials

13

2.038 201.0 203.6 39.8 -9.4 2.9 13.9 1.3

Unfinished metals related to durable goods

14

4.134 304.8 310.0 26.3 2.4 4.7 6.7 1.7

Finished metals related to durable goods

15

1.883 166.6 169.2 8.0 0.9 0.9 1.7 1.6

Nonmetals related to durable goods

16

1.773 114.3 114.2 1.1 0.3 0.4 0.5 -0.1

Capital goods

2

28.333 88.5 88.6 1.0 0.0 -0.1 0.2 0.1

Electric generating equipment

20

3.480 121.2 121.1 0.2 0.0 0.0 -0.1 -0.1

Nonelectrical machinery

21

22.250 80.4 80.6 1.3 0.0 -0.1 0.2 0.2

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

22

2.603 135.6 136.0 0.7 0.0 -0.1 0.0 0.3

Automotive vehicles, parts & engines

3

15.967 111.3 111.4 1.1 -0.1 0.0 0.4 0.1

Consumer goods, excluding automotives

4

26.990 107.0 107.1 0.3 0.0 0.1 0.0 0.1

Nondurables, manufactured

40

13.706 123.8 124.1 0.1 -0.2 0.1 -0.5 0.2

Durables, manufactured

41

12.207 91.3 91.3 0.4 0.1 0.1 0.4 0.0

Nonmanufactured consumer goods

42

1.077 117.6 117.6 0.9 0.1 0.7 0.3 0.0

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

All commodities

  100.000 128.7 130.8 5.2 0.8 1.2 2.5 1.6

Agricultural commodities

  10.156 201.7 207.5 16.1 3.5 1.0 6.0 2.9

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

  79.165 104.8 105.3 3.5 0.2 0.5 1.5 0.5

Nonagricultural commodities

  89.844 123.2 125.0 4.1 0.5 1.3 2.2 1.5

Foods, feeds, & beverages

0

9.324 205.2 210.6 15.0 3.4 0.6 5.8 2.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.850 205.3 210.9 16.5 3.6 0.7 6.0 2.7

Nonagricultural foods (fish, distilled beverages)

01

0.475 206.0 208.6 -5.4 0.4 0.5 0.9 1.3

Industrial supplies & materials

1

34.202 158.3 164.0 11.3 2.0 3.5 5.8 3.6

Industrial supplies & materials, durable

  11.345 197.7 195.7 14.1 0.9 0.9 7.0 -1.0

Industrial supplies & materials, nondurable

  22.857 142.2 150.5 9.6 2.6 5.1 5.3 5.8

Agricultural industrial supplies & materials

10

1.280 186.0 192.8 13.4 2.7 2.9 6.3 3.7

Nonagricultural industrial supplies & materials

  32.923 157.5 163.1 11.2 1.9 3.5 5.8 3.6

Fuels & lubricants

11

11.510 155.6 169.3 8.1 3.4 9.0 7.8 8.8

Nonagricultural supplies & materials excluding fuels & building materials

12

20.473 175.1 176.5 11.7 1.2 1.3 4.7 0.8

Selected building materials

13

0.939 137.9 140.1 20.7 3.0 3.2 4.3 1.6

Capital goods

2

34.607 111.7 112.1 0.7 -0.2 0.0 0.4 0.4

Electrical generating equipment

20

3.570 120.1 120.6 0.5 0.1 -0.3 0.0 0.4

Nonelectrical machinery

21

22.656 94.6 94.7 -0.3 -0.2 -0.1 0.2 0.1

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

22

8.381 188.1 189.9 3.3 -0.3 0.5 1.1 1.0

Automotive vehicles, parts & engines

3

9.792 114.9 115.0 0.5 0.3 0.0 0.3 0.1

Consumer goods, excluding automotives

4

12.075 109.7 110.0 -0.5 -0.5 0.3 -0.6 0.3

Nondurables, manufactured

40

6.081 107.7 108.1 -0.2 -0.5 0.4 -1.1 0.4

Durables, manufactured

41

4.761 107.7 107.6 0.3 -0.8 0.1 -0.1 -0.1

Nonmanufactured consumer goods (Dec. 2018=100)

42

1.233 94.5 94.5 -4.3 0.1 1.1 0.0 0.0

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Nonmanufacturing

  7.125 103.2 113.4 8.9 1.9 6.9 7.5 9.9

Agriculture, forestry, fishing and hunting

11

1.926 176.6 179.6 0.8 -6.5 -0.2 3.1 1.7

Crop production

111

1.557 186.3 190.8 1.9 -7.9 -0.9 3.0 2.4

Mining

21

5.199 95.1 107.4 12.3 5.2 9.4 9.2 12.9

Oil and gas extraction

211

4.948 94.2 106.5 12.6 5.4 9.7 9.5 13.1

Mining (except oil and gas) (Dec. 2020=100)

212

0.251 103.3 113.3 - - - 3.3 9.7

Manufacturing

  92.475 113.0 113.6 2.4 0.0 0.5 1.0 0.5

Manufacturing, part 1

31

11.493 126.5 127.3 1.3 -0.1 0.2 0.5 0.6

Food manufacturing

311

3.653 157.9 159.8 2.9 0.6 0.6 1.3 1.2

Beverage and tobacco product manufacturing

312

1.201 128.8 131.1 1.5 -1.2 0.2 0.2 1.8

Textile mills (Dec. 2011=100)

313

0.353 101.3 101.9 3.5 0.0 0.1 0.0 0.6

Textile product mills

314

0.952 107.0 107.1 0.3 -0.1 0.1 0.2 0.1

Apparel manufacturing

315

3.726 112.8 112.8 0.2 -0.1 -0.1 0.1 0.0

Leather and allied product manufacturing

316

1.608 123.5 123.7 -0.4 -0.6 0.1 0.1 0.2

Manufacturing, part 2

32

18.952 126.7 128.9 3.5 -0.9 1.4 2.3 1.7

Wood product manufacturing (Dec. 2019=100)

321

1.361 176.8 180.6 75.7 -15.0 4.5 22.9 2.1

Paper manufacturing

322

0.937 106.6 107.1 -0.1 0.8 0.6 -0.7 0.5

Petroleum and coal products manufacturing

324

2.166 81.7 87.5 -9.4 -0.7 3.6 7.9 7.1

Chemical manufacturing

325

10.788 138.9 140.6 1.8 0.2 1.1 0.1 1.2

Plastics and rubber products manufacturing

326

2.491 123.3 124.0 4.3 0.7 0.2 0.4 0.6

Nonmetallic mineral product manufacturing

327

1.019 131.6 131.3 0.0 0.2 0.2 0.5 -0.2

Manufacturing, part 3

33

62.030 105.9 106.1 2.4 0.2 0.4 0.7 0.2

Primary metal manufacturing

331

4.607 197.1 199.5 23.5 2.6 3.7 5.6 1.2

Fabricated metal product manufacturing

332

3.228 128.6 130.3 3.2 0.2 0.6 0.9 1.3

Machinery manufacturing

333

7.898 120.6 120.6 1.0 0.1 0.1 0.2 0.0

Computer and electronic product manufacturing

334

16.487 71.6 71.7 0.0 -0.1 -0.1 0.1 0.1

Electrical equipment, appliance, and component manufacturing

335

5.278 117.6 117.3 -0.2 -0.1 0.1 -0.2 -0.3

Transportation equipment manufacturing

336

17.263 110.5 110.6 1.1 -0.1 0.1 0.3 0.1

Furniture and related product manufacturing

337

1.766 115.9 116.0 0.3 0.2 0.3 0.4 0.1

Miscellaneous manufacturing

339

5.504 121.7 121.7 2.2 0.2 0.4 0.9 0.0

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Nonmanufacturing

  11.924 135.2 143.9 19.9 6.0 3.1 8.2 6.4

Agriculture, forestry, fishing and hunting

11

5.344 180.0 186.8 24.1 4.9 0.1 10.0 3.8

Crop production

111

5.009 190.4 197.2 24.9 5.1 0.0 10.6 3.6

Mining

21

6.580 74.3 80.7 15.6 7.4 6.6 6.8 8.6

Mining (except oil and gas)

212

1.055 96.5 98.0 0.9 2.5 3.5 4.3 1.6

Manufacturing

  86.093 118.2 119.5 2.8 0.3 1.0 1.5 1.1

Manufacturing, part 1

31

6.703 146.2 148.2 4.8 1.7 0.8 1.3 1.4

Food manufacturing

311

4.653 165.0 167.9 5.1 2.1 0.7 1.5 1.8

Beverage and tobacco product manufacturing

312

0.635 136.9 137.9 12.3 0.7 3.4 3.4 0.7

Manufacturing, part 2

32

23.598 111.9 115.5 4.7 0.8 3.3 2.8 3.2

Wood product manufacturing (Dec. 2017=100)

321

0.495 112.4 115.0 24.1 2.0 2.4 4.9 2.3

Paper manufacturing

322

1.436 120.0 121.8 3.4 -0.2 0.3 1.5 1.5

Petroleum and coal products manufacturing

324

4.961 91.4 99.8 2.5 -1.2 12.0 10.0 9.2

Chemical manufacturing

325

13.574 121.8 124.4 6.4 1.4 1.7 0.9 2.1

Plastics and rubber products manufacturing

326

2.146 115.9 116.2 -0.8 0.1 0.3 -0.1 0.3

Nonmetallic mineral product manufacturing

327

0.792 122.8 123.0 5.5 2.1 2.0 1.2 0.2

Manufacturing, part 3

33

55.792 118.2 118.3 1.8 -0.1 0.0 1.0 0.1

Primary metal manufacturing

331

4.373 194.0 190.7 18.1 1.3 -1.0 7.9 -1.7

Fabricated metal product manufacturing

332

2.908 153.2 153.8 2.3 -0.9 0.1 1.9 0.4

Machinery manufacturing

333

9.037 130.4 130.6 0.0 -0.4 0.0 0.5 0.2

Computer and electronic product manufacturing

334

13.291 81.5 81.5 -1.0 -0.6 -0.1 0.1 0.0

Electrical equipment, appliance, and component manufacturing

335

3.625 118.1 118.6 0.7 0.2 -0.7 0.1 0.4

Transportation equipment manufacturing

336

17.068 131.3 131.9 1.8 0.1 0.2 0.8 0.5

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

337

0.385 129.8 129.8 4.9 0.0 0.2 2.2 0.0

Miscellaneous manufacturing

339

5.105 119.5 119.6 -0.4 0.0 0.3 -0.2 0.1

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Live animals; animal products

I

1.387 198.7 199.4 0.4 0.0 1.6 2.4 0.4

Meat and edible meat offal

02

0.384 279.4 291.7 8.9 0.5 2.1 1.2 4.4

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.722 137.7 134.4 -5.2 -0.7 1.6 3.0 -2.4

Vegetable products

II

1.946 206.9 213.4 3.2 -7.3 -1.2 3.2 3.1

Edible vegetables, roots, and tubers

07

0.391 432.9 438.1 -12.1 -14.8 -7.7 3.8 1.2

Edible fruit and nuts; peel of citrus fruit or melons

08

0.681 103.5 109.2 0.8 -11.6 -0.4 5.5 5.5

Coffee, tea, mate and spices

09

0.367 222.5 232.7 8.4 0.4 2.4 -0.2 4.6

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

III

0.325 107.4 107.7 20.6 10.3 3.9 2.8 0.3

Prepared foodstuffs, beverages, and tobacco

IV

3.076 169.6 171.5 0.9 -0.4 0.1 0.2 1.1

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.214 99.2 99.8 -3.0 -0.2 0.8 -1.4 0.6

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

20

0.349 168.9 174.9 2.1 -0.1 0.2 0.0 3.6

Beverages, spirits, and vinegar

22

1.164 140.9 143.3 2.2 0.0 0.4 0.3 1.7

Mineral products

V

7.680 187.2 208.3 7.1 4.5 6.9 8.7 11.3

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

27

7.346 182.9 203.8 7.1 4.7 7.1 8.9 11.4

Products of the chemical or allied industries

VI

10.150 156.7 158.1 0.8 0.3 1.1 -0.1 0.9

Inorganic chemicals

28

0.503 287.5 295.1 1.0 1.6 2.5 3.2 2.6

Organic chemicals

29

2.271 128.0 128.1 0.9 0.6 2.7 1.0 0.1

Pharmaceutical products

30

5.310 152.5 153.0 -1.2 -0.1 0.1 -1.4 0.3

Fertilizers (Dec. 2020=100)

31

0.268 100.7 109.9 - - - 0.7 9.1

Miscellaneous chemical products

38

0.622 107.8 107.8 6.3 0.7 2.5 2.0 0.0

Plastics and articles thereof; rubber and articles thereof

VII

3.882 151.0 152.8 9.8 1.1 0.8 1.7 1.2

Plastics and articles thereof

39

2.504 148.6 150.7 6.4 0.8 0.5 1.2 1.4

Rubber and articles thereof

40

1.379 158.1 159.3 16.8 2.0 1.4 2.7 0.8

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

42

0.542 131.3 131.6 0.1 0.0 0.1 0.1 0.2

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

IX

1.396 255.6 261.8 75.5 -14.1 4.3 21.6 2.4

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

44

1.372 178.6 183.0 77.8 -14.4 4.4 22.1 2.5

Woodpulp, recovered paper, and paper products

X

0.961 111.6 111.8 -0.8 0.9 -0.1 0.0 0.2

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

48

0.644 104.1 104.0 -3.4 0.5 0.1 0.2 -0.1

Textile and textile articles

XI

4.838 114.4 114.4 0.3 -0.1 0.0 0.0 0.0

Articles of apparel and clothing accessories, knitted or crocheted

61

1.960 105.0 105.0 -0.4 -0.2 -0.1 0.3 0.0

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.620 122.1 122.0 0.8 0.0 -0.1 -0.1 -0.1

Made-up or worn textile articles

63

0.658 100.3 100.3 -0.5 -0.5 -0.1 0.2 0.0

Headgear, umbrellas, artificial flowers, etc.

XII

1.384 123.5 123.6 -0.6 -0.8 0.0 0.0 0.1

Footwear and parts of such articles

64

1.159 121.8 121.9 -0.7 -1.1 0.0 0.1 0.1

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

XIII

0.917 132.2 131.1 -0.9 0.0 0.5 0.2 -0.8

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

68

0.333 100.2 98.1 - - - 0.2 -2.1

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

XIV

3.104 236.4 235.7 12.9 0.6 1.2 4.6 -0.3

Base metals and articles of base metals

XV

5.659 186.2 189.8 13.0 1.9 2.9 3.4 1.9

Iron and steel

72

1.056 231.7 238.5 18.4 1.1 5.0 9.1 2.9

Articles of iron or steel

73

1.634 149.8 152.3 3.9 0.4 0.7 1.1 1.7

Copper and articles thereof

74

0.495 345.2 346.1 34.6 4.1 6.2 2.8 0.3

Aluminum and articles thereof

76

1.047 152.3 152.5 21.7 5.7 5.4 3.3 0.1

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

82

0.432 122.9 123.2 0.2 0.1 0.0 0.3 0.2

Miscellaneous articles of base metal

83

0.530 135.9 136.2 1.3 0.1 0.1 1.5 0.2

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

XVI

29.916 79.0 79.1 0.5 0.0 -0.1 0.1 0.1

Machinery and mechanical appliances; parts thereof

84

15.427 84.9 85.0 1.2 -0.1 -0.1 0.1 0.1

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

85

14.489 73.5 73.5 -0.3 0.0 0.1 0.1 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.258 115.2 115.3 1.1 -0.1 0.0 0.3 0.1

Motor vehicles and their parts

87

13.029 114.5 114.5 1.1 -0.1 0.1 0.4 0.0

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

88

1.131 99.8 100.2 - - - -0.2 0.4

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

XVIII

4.271 102.5 102.6 0.7 0.0 0.0 0.2 0.1

Optical, photographic, measuring and medical instruments

90

3.985 98.5 98.6 0.6 0.0 0.0 0.0 0.1

Miscellaneous manufactured articles

XX

4.209 111.0 111.0 -0.4 -0.2 0.2 0.2 0.0

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

94

2.595 117.3 117.3 0.2 -0.1 0.3 0.3 0.0

Toys, games and sports equipment; parts and accessories thereof

95

1.342 100.7 100.5 -1.5 -0.3 0.1 -0.2 -0.2

Miscellaneous manufactured articles

96

0.272 127.5 127.5 0.2 0.0 0.1 0.6 0.0

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Live animals; animal products

I

1.910 216.7 221.1 3.4 2.8 -1.0 0.9 2.0

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

02

1.212 174.4 176.5 7.6 1.4 0.4 3.0 1.2

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

03

0.293 110.3 111.0 -8.6 0.4 0.1 1.3 0.6

Dairy products, eggs and honey (Dec. 2020=100)

04

0.333 94.0 100.2 - - - -6.0 6.6

Vegetable products

II

4.920 237.6 246.1 26.5 5.9 -0.2 9.7 3.6

Edible fruit and nuts; peel of citrus fruit or melons

08

0.941 135.2 139.5 2.3 1.6 2.3 4.4 3.2

Cereals

10

1.366 243.5 260.1 29.9 6.4 1.0 11.5 6.8

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

12

2.182 268.5 274.0 45.5 7.6 5.4 11.8 2.0

Prepared foodstuffs, beverages, and tobacco

IV

3.009 163.0 164.2 5.7 0.9 1.3 2.5 0.7

Miscellaneous edible preparations (Dec. 2017=100)

21

0.613 101.0 100.7 0.0 0.3 0.5 0.2 -0.3

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

22

0.515 109.6 110.0 2.1 0.3 0.3 0.3 0.4

Residues and waste from the food industries; prepared animal feed

23

0.807 267.3 275.1 22.4 2.8 4.3 8.7 2.9

Mineral products

V

11.501 189.1 205.5 8.9 3.4 9.2 8.0 8.7

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

26

0.538 112.7 113.9 24.5 0.7 5.7 6.1 1.1

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

27

10.798 179.0 195.4 8.4 3.6 9.6 8.2 9.2

Products of the chemical or allied industries

VI

11.227 142.1 144.1 5.1 1.1 1.6 0.4 1.4

Inorganic chemicals

28

0.667 137.0 137.6 -1.7 -0.1 0.4 1.3 0.4

Organic chemicals

29

2.812 163.6 171.1 23.3 6.2 5.4 3.0 4.6

Pharmaceutical products

30

3.394 108.0 108.5 0.3 -0.9 0.7 -1.4 0.5

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.865 129.9 129.9 1.3 0.1 0.1 1.2 0.0

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

34

0.441 124.9 125.7 0.2 -0.3 -0.2 -0.2 0.6

Miscellaneous chemical products

38

1.933 155.8 156.0 -1.3 0.2 -0.3 -0.3 0.1

Plastics and articles thereof; rubber and articles thereof

VII

5.143 148.2 152.6 7.6 1.8 1.8 1.9 3.0

Plastics and articles thereof

39

4.310 146.6 151.6 9.3 2.1 2.1 2.3 3.4

Rubber and articles thereof

40

0.832 151.8 152.8 -0.3 0.3 0.3 0.3 0.7

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

IX

0.595 110.5 112.8 24.5 2.4 2.4 4.4 2.1

Woodpulp, recovered paper, and paper products

X

1.805 127.3 127.3 8.1 0.1 2.2 2.3 0.0

Woodpulp and recovered paper (Dec. 2019=100)

47

0.583 127.2 130.8 30.1 0.6 7.7 3.3 2.8

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

48

0.948 125.2 125.8 2.6 -0.2 0.1 2.0 0.5

Textile and textile articles

XI

1.670 122.2 124.6 3.1 0.8 0.3 2.1 2.0

Cotton, including yarns and woven fabrics thereof

52

0.534 126.8 134.2 12.5 3.2 1.5 7.5 5.8

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

XIII

0.796 134.7 134.7 6.4 1.2 1.3 1.8 0.0

Glass and glassware (Dec. 2019=100)

70

0.433 99.1 99.1 -0.9 -0.1 0.0 -0.1 0.0

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

XIV

4.719 314.1 309.3 11.4 0.4 -1.3 4.6 -1.5

Base metals and articles of base metals

XV

5.005 183.8 182.2 17.0 1.0 3.0 9.9 -0.9

Iron and steel (Dec. 2020=100)

72

1.204 133.1 127.2 - - - 33.1 -4.4

Copper and articles thereof

74

0.594 229.0 226.3 31.0 4.4 7.8 5.2 -1.2

Aluminum and articles thereof

76

0.869 128.9 129.4 28.1 2.7 9.6 8.4 0.4

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

XVI

27.454 98.0 98.3 0.4 -0.4 -0.1 0.5 0.3

Machinery and mechanical appliances; parts thereof

84

16.385 116.3 116.8 0.8 -0.3 0.0 1.0 0.4

Electrical machinery and equipment and parts and accessories thereof

85

11.069 78.4 78.6 0.1 -0.4 -0.3 -0.3 0.3

Vehicles, aircraft, vessels and associated transport equipment

XVII

12.468 139.0 139.2 0.9 0.1 0.3 0.4 0.1

Motor vehicles and their parts

87

8.080 117.0 117.1 0.3 0.3 0.1 0.3 0.1

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

XVIII

5.944 110.1 110.2 -0.6 0.0 0.2 -0.2 0.1

Miscellaneous manufactured articles

XX

1.264 115.5 116.2 2.2 -0.2 0.1 1.6 0.6

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.714 136.9 136.9 3.9 -0.1 -0.1 2.4 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.398 87.9 89.0 -0.4 0.0 0.2 0.8 1.3

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Industrialized Countries(2)

100.000 130.3 132.5 6.2 -0.2 1.7 2.2 1.7

Nonmanufacturing

8.236 169.9 188.6 22.9 3.1 10.2 6.9 11.0

Manufacturing

90.874 125.9 127.0 4.2 -0.6 0.8 1.5 0.9

Canada

100.000 145.6 151.2 15.6 -0.3 4.0 5.4 3.8

Nonmanufacturing

23.366 166.4 185.4 24.8 3.2 10.5 7.1 11.4

Manufacturing

75.166 142.2 144.5 12.0 -1.5 1.6 4.4 1.6

European Union

100.000 140.2 141.2 2.8 -0.3 0.5 0.5 0.7

Manufacturing

98.953 136.3 137.1 2.6 -0.3 0.5 0.4 0.6

France (Dec. 2003=100)

100.000 129.6 131.8 3.0 0.0 0.4 -0.2 1.7

Germany (Dec. 2003=100)

100.000 116.1 116.6 2.6 0.0 0.5 1.0 0.4

United Kingdom (Dec. 2003=100)

100.000 125.9 127.5 3.0 0.0 1.5 1.9 1.3

Latin America(3)

100.000 147.0 148.8 3.3 -0.1 1.0 1.1 1.2

Nonmanufacturing

12.088 231.3 249.4 2.4 -2.6 5.9 4.9 7.8

Manufacturing

87.630 122.4 122.7 3.6 0.2 0.4 0.7 0.2

Mexico (Dec. 2003=100)

100.000 128.2 129.1 2.7 -0.9 0.2 0.8 0.7

Nonmanufacturing (Dec. 2008=100)

6.811 119.7 132.8 2.3 -12.1 5.5 5.5 10.9

Manufacturing (Dec. 2008=100)

92.938 89.2 89.2 2.9 0.0 -0.2 0.5 0.0

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

100.000 98.7 99.0 1.4 0.1 0.2 0.5 0.3

China (Dec. 2003=100)

100.000 98.9 99.2 1.2 0.1 0.4 0.2 0.3

Japan

100.000 97.5 97.6 0.7 0.0 0.2 0.3 0.1

Taiwan (Dec. 2018=100)

100.000 98.7 99.1 0.7 0.5 0.2 0.2 0.4

Asian NICs(5)

100.000 87.0 87.8 2.2 -0.3 0.5 0.8 0.9

ASEAN (Dec. 2003=100)(6)

100.000 99.5 100.5 3.0 0.4 0.4 0.9 1.0

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

100.000 168.1 176.0 0.9 1.2 4.3 6.3 4.7

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Industrialized Countries(2)

100.000 105.6 106.5 3.9 0.7 0.7 1.1 0.9

Nonmanufacturing

10.604 105.5 111.9 15.5 6.1 2.3 7.3 6.1

Manufacturing

87.745 105.6 105.8 2.4 0.1 0.5 0.5 0.2

Canada

100.000 107.5 108.7 5.0 1.2 0.5 1.9 1.1

Nonmanufacturing (Dec. 2020=100)

8.765 109.5 117.8 - - - 9.5 7.6

Manufacturing (Dec. 2020=100)

89.721 101.2 101.8 - - - 1.2 0.6

European Union

100.000 106.1 107.5 3.2 0.0 1.5 1.4 1.3

Nonmanufacturing

11.610 98.4 106.0 14.3 4.1 7.4 9.0 7.7

Manufacturing

86.927 106.3 106.8 1.4 -0.3 0.9 0.5 0.5

Germany

100.000 109.1 109.2 3.8 -0.3 0.7 1.1 0.1

Latin America(3)

100.000 102.6 105.4 7.1 0.8 2.0 4.0 2.7

Nonmanufacturing

9.534 129.8 138.3 38.7 10.2 2.1 11.4 6.5

Manufacturing

90.070 100.5 102.8 4.6 0.1 1.9 3.3 2.3

Mexico

100.000 102.5 104.9 6.5 1.1 1.0 3.2 2.3

Nonmanufacturing

8.249 124.7 132.6 42.4 20.8 -0.6 8.1 6.3

Manufacturing

91.319 100.9 103.0 4.3 -0.1 1.1 2.7 2.1

Pacific Rim(4)

100.000 103.0 104.0 5.2 1.1 1.2 1.9 1.0

Nonmanufacturing

16.038 100.7 105.4 13.2 3.3 4.6 9.1 4.7

Manufacturing

81.253 102.8 103.1 2.6 0.7 0.4 0.3 0.3

China

100.000 100.8 101.4 5.4 1.8 1.6 0.1 0.6

Nonmanufacturing

14.654 101.2 105.1 20.3 4.5 8.0 12.1 3.9

Manufacturing

83.346 101.9 102.1 2.4 1.4 0.5 -1.9 0.2

Japan

100.000 103.9 105.5 6.2 0.6 1.2 2.0 1.5

Nonmanufacturing

20.615 103.7 111.6 20.9 5.2 5.8 9.4 7.6

Manufacturing

77.338 102.3 102.1 2.0 -0.3 -0.2 0.1 -0.2

Footnotes
(1) Relative importance figures are based on 2019 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: February 2020 to February 2021(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Industrialized Countries(2)

99.2 98.4 -2.1 0.8 -1.0 -1.0 -0.8

Canada

97.0 94.5 -9.1 1.5 -3.4 -3.3 -2.6

European Union

101.9 102.5 0.4 0.3 0.9 1.0 0.6

Germany

108.2 107.8 1.1 -0.3 0.1 0.2 -0.4

Latin America(3)

103.9 105.5 3.7 0.9 0.9 2.8 1.5

Mexico

103.1 104.8 3.7 2.0 0.9 2.4 1.6

Pacific Rim(4)

102.7 103.4 3.7 1.0 1.0 1.4 0.7

China

102.0 102.3 4.1 1.7 1.2 -0.1 0.3

Japan

101.8 103.2 5.4 0.5 1.0 1.7 1.4

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: February 2020 to February 2021 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2021(1)
Index Percent change
Jan.
2021
Feb.
2021
Annual Monthly
Feb.
2020
to
Feb.
2021
Oct.
2020
to
Nov.
2020
Nov.
2020
to
Dec.
2020
Dec.
2020
to
Jan.
2021
Jan.
2021
to
Feb.
2021

Air Freight

Import Air Freight

100.000 302.3 296.9 68.4 9.8 6.4 -5.8 -1.8

Europe (Dec. 2003=100)

25.260 248.0 248.0 71.7 0.5 0.5 2.4 0.0

Asia

67.265 312.0 303.6 84.7 15.7 9.6 -9.2 -2.7

Export Air Freight

100.000 168.2 167.0 -0.4 3.4 4.3 1.4 -0.7

Europe (Dec. 2006=100)

30.141 140.9 152.5 -1.9 6.1 5.5 -4.5 8.2

Asia (Dec. 2011=100)

40.888 119.9 114.4 -3.6 0.4 5.1 0.2 -4.6

Inbound Air Freight

100.000 240.1 231.5 39.2 6.3 6.5 -1.4 -3.6

Europe (Dec. 2003=100)

24.061 178.0 173.7 31.0 -0.8 0.0 5.4 -2.4

Asia

66.396 248.5 237.3 53.1 10.8 10.1 -3.8 -4.5

Outbound Air Freight

100.000 151.2 148.0 -22.1 4.9 5.1 -0.1 -2.1

Europe (Dec. 2003=100)

31.009 160.7 172.0 6.8 8.0 6.5 -3.9 7.0

Asia

47.633 144.7 133.0 -41.5 3.3 6.3 0.0 -8.1

Air Passenger Fares

Import Air Passenger Fares

100.000 148.5 151.3 -12.2 -0.3 3.9 -5.6 1.9

Europe

36.166 131.9 140.5 -32.5 -3.1 -5.2 -4.4 6.5

Asia

36.109 189.8 181.8 49.9 5.4 10.0 -5.4 -4.2

Latin America/Caribbean

6.012 99.7 99.5 -38.8 -0.8 2.5 -17.4 -0.2

Export Air Passenger Fares

100.000 170.4 162.4 13.5 14.5 -9.5 11.2 -4.7

Europe

26.387 187.3 197.2 9.9 13.3 -0.2 3.7 5.3

Asia

32.862 202.9 188.8 48.4 46.5 -24.5 23.4 -6.9

Latin America/Caribbean

22.339 155.6 128.7 -16.6 -6.5 -3.2 11.0 -17.3

Footnotes
(1) Relative importance figures are based on 2019 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: March 16, 2021