Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Economic News Release
PRINT:Print
MXP MXP Program Links

U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                                   USDL-22-0622
8:30 a.m. (ET) Thursday, April 14, 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 - MARCH 2022

Prices for U.S. imports advanced 2.6 percent in March following a 1.6-percent increase in February and a 
2.0-percent rise in January, the U.S. Bureau of Labor Statistics reported today. Higher fuel prices drove the 
March advance and nonfuel prices also increased. U.S. export prices rose 4.5 percent in March, after 
advancing 3.0 percent the previous month. 


Imports 

The price index for U.S. imports increased 2.6 percent in March, the largest monthly rise since April 2011. 
Prices for U.S. imports advanced 12.5 percent for the year ended in March, the largest 12-month increase 
since a 12.7-percent rise in September 2011. (See table 1.)

Fuel Imports: Prices for import fuel advanced 14.6 percent in March, after increasing 10.0 percent in 
February and 7.3 percent in January. The March rise was the largest 1-month advance since a 15.2-percent 
increase in July 2020. The March increase was led by higher petroleum prices which rose 16.1 percent 
following an 11.3-percent advance in February. In contrast, natural gas prices declined 4.2 percent in March, 
after decreasing 4.3 percent the previous month. Import fuel prices rose 66.7 percent from March 2021 to 
March 2022. The price indexes for petroleum and natural gas advanced 66.5 percent and 79.7 percent, 
respectively, over the same period.

All Imports Excluding Fuel: Nonfuel import prices increased 1.2 percent in March following a 0.7-percent 
advance the previous month. Higher prices for nonfuel industrial supplies and materials; capital goods; 
consumer goods; and foods, feeds, and beverages each factored into the March increase in nonfuel import 
prices. Prices for nonfuel imports rose 7.5 percent for the year ended in March, the largest over-the-year 
advance since 12-month percent changes were first published in December 2002. Nonfuel prices have not 
recorded a 12-month decline since June 2020.         

Foods, Feeds, and Beverages: Prices for import foods, feeds, and beverages ticked up 0.1 percent in March, 
after increasing 1.6 percent in February. Higher prices for food oils and fish in March largely offset a 5.3-
percent decline in fruit prices.  

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 
advanced 4.7 percent in March following a 2.3-percent increase in February. Higher prices in March for 
unfinished metals, finished metals, selected building materials, and chemicals each contributed to the 
increase in nonfuel industrial supplies and materials prices.             

Finished Goods: Prices for most of the major finished goods categories increased in March. The price index 
for capital goods advanced 0.3 percent for the second consecutive month. Capital goods prices last recorded 
a monthly decline in November 2019. Prices for consumer goods rose 0.2 percent in March, after increasing 
0.3 percent in February. Consumer goods prices advanced 3.0 percent over the past year, the largest 12-
month rise since a 3.4-percent increase from December 2010 to December 2011. Automotive vehicles prices 
were unchanged in March.  

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

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 1.1 2.0

November

0.7 2.5 0.6 0.7 1.1 0.6

December

-0.4 -7.7 0.5 -1.6 0.7 -1.9

2022

January

(r)2.0 (r)7.3 (r)1.4 2.8 (r)3.0 (r)2.7

February

(r)1.6 (r)10.0 (r)0.7 3.0 (r)2.9 3.0

March

2.6 14.6 1.2 4.5 4.7 4.5

Mar. 2020 to 2021

7.1 56.4 3.8 9.6 20.4 8.4

Mar. 2021 to 2022

12.5 66.7 7.5 18.8 20.8 18.5

Footnotes
(r) Revised


Exports 

Prices for U.S. exports advanced 4.5 percent in March following a 3.0-percent rise in February and a 2.8-
percent increase in January. All 3 advances were the largest monthly increases since 1-month percent 
changes were first published in January 1989. Higher prices for both agricultural and nonagricultural 
exports in March contributed to the overall rise in U.S. export prices. U.S. export prices advanced 18.8 
percent over the past year, the largest over-the-year increase since 12-month percent changes were first 
published in September 1984. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 4.7 percent in March, the largest 
monthly advance since May 2021. Higher prices for soybeans, wheat, and corn drove the rise in March. 
Agricultural export prices increased 20.8 percent for the 12 months ended in March, led by rising prices for 
soybeans, wheat, corn, and meat.                        

All Exports Excluding Agriculture: Nonagricultural export prices rose 4.5 percent in March, after 3.0-
percent and 2.7-percent increases the 2 previous months. Higher prices for nonagricultural industrial 
supplies and materials; capital goods; consumer goods; automotive vehicles; and nonagricultural food all 
contributed to the March advance. Prices for nonagricultural exports rose 18.5 percent from March 2021 to 
March 2022.                  

Nonagricultural Industrial Supplies and Materials: The price index for nonagricultural industrial supplies 
and materials increased 8.7 percent in March, the largest 1-month advance since monthly percent changes 
were first published in October 1992. Higher prices for fuel, nonferrous metals, and chemicals led the 
March increase.         

Finished Goods: Prices for each of the major finished goods categories advanced in March. Capital goods 
prices rose 0.5 percent driven by higher prices for industrial and service machinery and computers, 
peripherals, and semiconductors. The price indexes for consumer goods and automotive vehicles each 
advanced 0.8 percent in March. 

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 increased 0.5 percent in March following a 0.2-
percent rise in February. The March advance was led by higher fabricated metal prices. The price index for 
imports from China rose 4.8 percent for the year ended in March. The price index for imports from Japan 
increased 0.4 percent in March, after ticking up 0.1 percent the previous month. The March advance was the 
largest increase since the index rose 0.5 percent in April 2021. Import prices from Japan increased 1.8 
percent over the past year. Prices for imports from Canada rose 7.3 percent in March, the largest 1-month 
advance since the index increased 13.8 percent in June 2020. The price indexes for imports from the 
European Union and Mexico also advanced in March, each rising 1.1 percent. (See table 7.)

Exports by Locality of Destination: Prices for exports to China increased 5.0 percent in March following 
advances of 2.8 percent in February and 2.4 percent in January. The March rise was the largest monthly 
increase since 1-month percent changes were first published in January 2018. The price index for exports to 
China advanced 15.8 percent over the past 12 months, the largest over-the-year increase since May 2021. 
Export prices to Japan rose 5.2 percent in March, the largest 1-month advance since monthly percent 
changes were first published in January 2018. Prices for exports to Canada increased 2.9 percent in March, 
after rising 2.4 percent and 3.4 percent the 2 previous months. The price index for exports to the European 
Union advanced 4.6 percent in March and export prices to Mexico increased 3.9 percent. (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 
4.5 percent in March, the largest monthly increase since 1-month percent changes were first published in 
January 2018. Rising export prices to China more than offset advancing import prices from China. The 
index for U.S. terms of trade with China rose 10.5 percent over the past 12 months. U.S. terms of trade with 
Japan advanced 4.7 percent in March following increases of 3.3 percent and 3.8 percent the 2 previous 
months. U.S. terms of trade with Japan rose 17.1 percent over the past year, the largest 12-month advance 
since May 2021. The index for U.S. terms of trade with the European Union increased 3.5 percent in March 
following a 0.1-percent rise in February. U.S. terms of trade with Mexico advanced 2.7 percent in March, 
after a 3.2-percent increase the previous month. In contrast, U.S. terms of trade with Canada decreased 4.2 
percent in March following a 2.3-percent decline in February. (See table 9.)

Import and Export Services

Imports: Import air passenger fares rose 8.6 percent in March, after advancing 6.1 percent the previous 
month. Higher European fares, Asian fares, and Latin American/Caribbean fares all contributed to the 
March increase. The index for import air passenger fares rose 11.2 percent from March 2021 to March 2022, 
the largest over-the-year advance since September 2021. Prices for import air freight increased 1.7 percent 
in March following a 9.2-percent decrease in February. Import air freight prices advanced 18.3 percent for 
the year ended in March. (See table 10.)

Exports: Export air passenger fares rose 7.0 percent in March, after declining 11.2 percent in February and 
increasing 7.7 percent in January. The March advance was driven by higher Latin American/Caribbean 
fares, European fares, and Asian fares. Export air passenger fares rose 9.8 percent over the past 12 months. 
The price index for export air freight advanced 3.4 percent in March following a 6.3-percent increase the 
previous month. Export air freight prices rose 19.6 percent over the past year, the largest 12-month increase 
since a 20.5-percent advance from September 2007 to September 2008.       

U.S. Import and Export Price Index data for April 2022 are scheduled for release on Friday, May 13, 2022 at 
8:30 a.m. (ET).


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

All commodities

  100.000 142.4 146.1 12.5 -0.4 2.0 1.6 2.6

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

  82.393 108.9 110.2 7.1 0.5 1.2 0.7 1.2

All imports excluding petroleum

  90.144 124.7 126.1 8.1 0.4 1.5 0.7 1.1

All imports excluding fuels (Dec. 2001=100)

  89.426 128.2 129.7 7.5 0.5 1.4 0.7 1.2

Foods, feeds, & beverages

0

7.033 210.3 210.6 13.4 0.3 3.3 1.6 0.1

Agricultural foods, feeds & beverages, excluding distilled beverages

00

5.572 227.5 227.3 12.2 0.4 3.8 1.4 -0.1

Nonagricultural foods (fish, distilled beverages)

01

1.461 172.1 174.1 17.6 -0.4 1.5 2.3 1.2

Industrial supplies & materials

1

29.745 270.9 293.1 37.7 -2.2 4.7 4.9 8.2

Industrial supplies & materials excluding petroleum

  19.914 224.0 233.6 25.7 1.0 3.7 2.1 4.3

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

  18.885 246.9 258.5 23.6 1.7 3.4 2.3 4.7

Industrial supplies & materials, durable

  12.986 241.9 257.3 20.5 1.7 3.7 2.5 6.4

Industrial supplies & materials nondurable excluding petroleum

  6.902 200.9 202.1 33.4 -0.1 3.6 1.2 0.6

Fuels & lubricants

10

10.574 322.2 369.2 66.7 -7.7 7.3 10.0 14.6

Petroleum & petroleum products

100

9.856 340.0 394.7 66.5 -7.7 7.1 11.3 16.1

Crude petroleum

10000

6.840 353.1 408.1 62.0 -9.4 9.6 11.3 15.6

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

101

0.718 280.4 269.1 73.9 -8.8 11.3 -2.8 -4.0

Natural gas

10110

0.592 273.8 262.2 79.7 -10.5 14.3 -4.3 -4.2

Paper & paper base stocks

11

0.487 127.5 126.9 11.8 0.1 -0.3 2.6 -0.5

Materials associated with nondurable supplies & materials

12

5.697 215.1 218.1 30.5 1.7 2.9 1.7 1.4

Selected building materials

13

2.201 235.7 246.1 15.7 7.9 14.8 2.8 4.4

Unfinished metals related to durable goods

14

5.652 372.3 410.3 23.7 -0.1 1.9 2.9 10.2

Finished metals related to durable goods

15

3.416 218.9 228.1 28.6 1.0 1.8 2.9 4.2

Nonmetals related to durable goods

16

1.718 124.8 125.4 9.5 1.2 1.1 0.2 0.5

Capital goods

2

25.527 91.6 91.9 3.4 0.2 0.8 0.3 0.3

Electric generating equipment

20

3.149 124.9 126.4 4.0 0.2 1.2 0.3 1.2

Nonelectrical machinery

21

20.796 83.3 83.4 3.3 0.1 0.7 0.4 0.1

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

22

1.582 140.2 140.8 1.9 0.4 1.1 -0.7 0.4

Automotive vehicles, parts & engines

3

12.412 115.0 115.0 3.0 0.0 0.8 0.3 0.0

Consumer goods, excluding automotives

4

25.283 110.1 110.3 3.0 0.5 0.4 0.3 0.2

Nondurables, manufactured

40

12.857 125.3 125.3 1.0 0.2 0.1 0.2 0.0

Durables, manufactured

41

11.685 95.0 95.3 4.5 0.6 0.5 0.1 0.3

Nonmanufactured consumer goods

42

0.741 132.5 134.9 13.7 1.9 2.8 2.2 1.8

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: March 2021 to March 2022 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Feb.
2022(1)
Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

All commodities

  100.000 152.6 159.5 18.8 -1.6 2.8 3.0 4.5

Agricultural commodities

  12.190 245.0 256.4 20.8 0.7 3.0 2.9 4.7

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

  68.931 113.6 115.3 7.8 0.3 0.8 0.8 1.5

Nonagricultural commodities

  87.810 145.6 152.2 18.5 -1.9 2.7 3.0 4.5

Foods, feeds, & beverages

0

11.125 247.5 259.6 20.0 0.4 3.2 2.8 4.9

Agricultural foods, feeds & beverages, excluding distilled beverages

00

10.637 247.9 260.2 20.3 0.4 3.3 2.8 5.0

Nonagricultural foods (fish, distilled beverages)

01

0.489 244.4 250.4 14.3 -1.0 1.2 3.7 2.5

Industrial supplies & materials

1

43.169 222.2 241.2 38.2 -4.4 4.8 5.9 8.6

Industrial supplies & materials, durable

  10.811 222.7 231.5 16.0 -0.6 1.7 2.2 4.0

Industrial supplies & materials, nondurable

  32.358 218.7 240.6 47.3 -5.8 6.0 7.1 10.0

Agricultural industrial supplies & materials

10

1.523 235.1 241.3 23.9 2.5 1.0 3.4 2.6

Nonagricultural industrial supplies & materials

  41.646 221.9 241.3 38.8 -4.6 5.0 5.9 8.7

Fuels & lubricants

11

19.944 282.8 324.6 75.4 -10.8 10.1 11.6 14.8

Nonagricultural supplies & materials excluding fuels & building materials

12

20.800 206.7 213.0 14.7 0.1 1.0 1.2 3.0

Selected building materials

13

0.902 162.2 173.2 20.6 -0.1 1.3 2.6 6.8

Capital goods

2

28.135 116.8 117.4 4.5 0.3 0.8 0.4 0.5

Electrical generating equipment

20

3.139 130.3 130.7 8.7 0.5 1.4 0.3 0.3

Nonelectrical machinery

21

20.416 98.9 99.5 4.6 0.3 0.7 0.5 0.6

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

22

4.579 193.8 194.6 2.7 0.2 0.6 0.5 0.4

Automotive vehicles, parts & engines

3

7.356 117.8 118.7 3.1 0.2 0.6 0.3 0.8

Consumer goods, excluding automotives

4

10.214 115.3 116.2 4.9 0.4 1.1 0.7 0.8

Nondurables, manufactured

40

5.450 110.3 110.5 1.1 0.1 0.5 -0.2 0.2

Durables, manufactured

41

3.856 111.6 112.3 4.0 0.1 1.4 0.3 0.6

Nonmanufactured consumer goods (Dec. 2018=100)

42

0.908 120.1 126.1 32.0 2.7 3.5 8.0 5.0

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: March 2021 to March 2022 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Feb.
2022(1)
Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

Nonmanufacturing

  10.039 166.7 183.2 51.7 -7.2 8.9 7.8 9.9

Agriculture, forestry, fishing and hunting

11

2.336 222.6 219.4 18.0 0.5 7.4 2.5 -1.4

Crop production

111

1.915 234.9 229.2 16.5 0.8 8.9 1.1 -2.4

Mining

21

7.703 166.5 188.9 63.4 -9.2 9.4 9.5 13.5

Oil and gas extraction

211

7.439 166.2 189.3 64.5 -9.7 9.8 9.8 13.9

Manufacturing

  89.591 123.2 125.3 9.1 0.3 1.3 1.1 1.7

Manufacturing, part 1

31

11.096 136.8 137.5 7.4 0.3 0.8 0.7 0.5

Food manufacturing

311

4.123 184.1 186.3 15.3 0.1 1.6 1.5 1.2

Beverage and tobacco product manufacturing

312

1.073 133.0 133.9 1.6 -0.1 -0.2 0.4 0.7

Textile mills (Dec. 2011=100)

313

0.403 125.2 127.5 24.3 5.1 2.8 0.5 1.8

Textile product mills

314

1.486 112.4 111.8 4.3 0.5 0.5 -0.2 -0.5

Apparel manufacturing

315

2.849 115.7 115.7 2.4 0.2 0.8 0.1 0.0

Leather and allied product manufacturing

316

1.161 127.8 128.0 3.3 0.5 -1.1 0.5 0.2

Manufacturing, part 2

32

20.940 151.8 157.0 19.0 0.6 2.7 2.2 3.4

Wood product manufacturing (Dec. 2019=100)

321

1.506 217.2 234.7 21.8 13.1 25.5 2.9 8.1

Paper manufacturing

322

0.950 118.3 117.8 7.7 0.1 -0.2 2.2 -0.4

Petroleum and coal products manufacturing

324

2.668 142.1 168.1 77.5 -3.5 2.1 11.1 18.3

Chemical manufacturing

325

12.288 160.0 161.1 13.1 0.7 1.4 0.9 0.7

Plastics and rubber products manufacturing

326

2.447 130.2 130.7 5.7 0.2 0.5 0.5 0.4

Nonmetallic mineral product manufacturing

327

0.917 139.6 139.8 5.9 0.9 0.3 0.7 0.1

Manufacturing, part 3

33

57.555 112.0 113.6 6.3 0.3 1.0 0.6 1.4

Primary metal manufacturing

331

7.299 244.6 265.4 23.6 0.1 2.2 3.5 8.5

Fabricated metal product manufacturing

332

3.157 149.2 151.7 14.8 0.7 1.6 0.6 1.7

Machinery manufacturing

333

6.704 125.5 126.0 4.0 0.2 1.0 0.3 0.4

Computer and electronic product manufacturing

334

15.736 73.6 73.7 2.5 -0.3 0.4 0.3 0.1

Electrical equipment, appliance, and component manufacturing

335

5.236 124.6 125.1 6.2 0.7 1.5 0.1 0.4

Transportation equipment manufacturing

336

12.888 114.0 114.1 2.8 0.1 0.8 0.2 0.1

Furniture and related product manufacturing

337

1.802 126.5 126.5 8.5 2.1 0.5 1.9 0.0

Miscellaneous manufacturing

339

4.734 123.3 124.5 3.6 1.2 0.9 -0.2 1.0

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: March 2021 to March 2022 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Feb.
2022(1)
Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

Nonmanufacturing

  19.560 214.0 235.1 55.4 -6.6 7.4 8.4 9.9

Agriculture, forestry, fishing and hunting

11

6.809 224.8 241.2 26.0 1.2 4.4 4.9 7.3

Crop production

111

6.424 237.5 255.3 26.8 1.3 4.7 4.9 7.5

Mining

21

12.751 137.7 153.1 76.8 -10.8 9.2 10.3 11.2

Oil and gas extraction (Dec. 2021=100)

211

11.380 123.9 137.6 - - 11.3 11.3 11.1

Mining (except oil and gas)

212

1.370 154.2 173.4 72.0 1.2 -4.7 2.3 12.5

Manufacturing

  78.453 133.0 137.2 12.6 -0.5 1.8 1.8 3.2

Manufacturing, part 1

31

6.881 169.8 172.2 13.7 0.1 1.7 0.9 1.4

Food manufacturing

311

5.189 199.3 201.4 16.5 -0.2 1.6 0.9 1.1

Beverage and tobacco product manufacturing

312

0.528 138.9 148.3 6.8 1.3 0.5 0.9 6.8

Manufacturing, part 2

32

26.337 142.3 152.6 24.9 -2.3 3.2 3.7 7.2

Wood product manufacturing (Dec. 2017=100)

321

0.510 138.1 157.8 30.8 0.2 0.7 0.5 14.3

Paper manufacturing

322

1.532 142.4 143.6 15.6 0.4 1.8 2.0 0.8

Petroleum and coal products manufacturing

324

7.374 161.0 194.8 74.6 -9.9 11.6 13.6 21.0

Chemical manufacturing

325

14.085 140.5 142.8 9.3 0.6 0.4 -0.1 1.6

Plastics and rubber products manufacturing

326

2.003 127.8 130.0 11.2 0.6 0.4 0.4 1.7

Nonmetallic mineral product manufacturing

327

0.680 128.0 129.7 5.7 -1.2 0.5 5.9 1.3

Manufacturing, part 3

33

45.236 124.8 126.1 6.3 0.2 1.1 0.7 1.0

Primary metal manufacturing

331

4.418 223.1 233.4 20.4 -0.5 2.5 2.6 4.6

Fabricated metal product manufacturing

332

2.476 166.9 167.6 8.5 0.7 3.0 0.4 0.4

Machinery manufacturing

333

7.948 138.7 139.8 6.5 0.4 1.0 0.4 0.8

Computer and electronic product manufacturing

334

11.897 84.1 84.4 3.4 0.2 0.6 0.5 0.4

Electrical equipment, appliance, and component manufacturing

335

3.158 127.7 128.1 8.0 0.4 2.1 0.5 0.3

Transportation equipment manufacturing

336

10.966 134.8 135.6 2.8 0.1 0.6 0.2 0.6

Miscellaneous manufacturing

339

4.070 129.2 131.5 9.2 0.8 1.1 2.1 1.8

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 5. U.S. import price indexes and percent changes for selected categories of goods: March 2021 to March 2022 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Feb.
2022(1)
Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

Live animals; animal products

I

1.576 242.5 247.2 20.8 -0.3 0.8 4.2 1.9

Meat and edible meat offal

02

0.472 351.3 354.1 17.5 -1.4 -0.3 4.2 0.8

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.821 171.5 174.9 25.8 -0.2 2.8 3.9 2.0

Vegetable products

II

2.319 256.6 250.4 14.7 0.5 9.3 1.1 -2.4

Edible vegetables, roots, and tubers

07

0.440 438.0 432.0 9.8 -7.3 25.6 -8.9 -1.4

Edible fruit and nuts; peel of citrus fruit or melons

08

0.911 138.0 130.0 6.0 5.1 7.9 5.8 -5.8

Coffee, tea, mate and spices

09

0.437 310.2 309.1 33.9 2.9 1.2 2.9 -0.4

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

III

0.436 152.8 161.2 38.1 0.0 -0.3 3.4 5.5

Prepared foodstuffs, beverages, and tobacco

IV

3.138 182.9 183.5 6.4 0.2 0.8 0.3 0.3

Sugars and sugar confectionary (Dec. 2021=100)

17

0.207 102.2 103.2 - - 2.3 -0.1 1.0

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.201 103.4 102.5 2.8 -0.6 2.2 1.4 -0.9

Beverages, spirits, and vinegar

22

1.046 145.6 146.6 1.7 -0.5 -1.0 0.4 0.7

Mineral products

V

10.533 328.6 376.4 68.2 -7.3 7.4 9.8 14.5

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

27

10.170 322.8 371.3 68.9 -7.7 7.7 10.2 15.0

Products of the chemical or allied industries

VI

11.395 177.9 179.2 11.4 1.1 1.0 0.8 0.7

Inorganic chemicals

28

0.749 531.3 537.4 56.6 9.4 3.0 1.5 1.1

Organic chemicals

29

2.634 148.9 149.3 13.1 0.8 1.4 0.1 0.3

Pharmaceutical products

30

5.327 150.8 150.8 -1.2 0.1 -0.5 0.3 0.0

Miscellaneous chemical products

38

0.808 116.0 116.6 7.7 0.6 0.2 0.2 0.5

Plastics and articles thereof; rubber and articles thereof

VII

3.766 159.5 159.7 5.9 0.4 0.7 -0.1 0.1

Plastics and articles thereof

39

2.650 164.9 165.1 8.8 0.2 1.0 -0.2 0.1

Rubber and articles thereof

40

1.116 151.6 151.7 0.1 0.9 0.1 0.1 0.1

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

42

0.413 141.2 142.1 7.7 0.8 0.9 0.4 0.6

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

IX

1.566 322.1 346.2 24.1 12.7 26.4 3.4 7.5

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

44

1.531 226.7 244.0 24.8 13.1 27.2 3.5 7.6

Woodpulp, recovered paper, and paper products

X

0.939 125.7 125.2 9.6 0.5 0.2 3.4 -0.4

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

48

0.637 118.1 117.5 11.4 0.4 3.0 5.4 -0.5

Textile and textile articles

XI

4.595 120.0 119.8 4.4 0.6 1.1 0.1 -0.2

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.258 124.2 124.2 1.7 0.3 0.2 0.2 0.0

Made-up or worn textile articles

63

1.226 106.4 105.5 5.2 0.2 0.5 -0.3 -0.8

Headgear, umbrellas, artificial flowers, etc.

XII

1.007 125.9 126.3 2.1 0.5 -1.6 0.4 0.3

Footwear and parts of such articles

64

0.830 123.8 123.7 1.4 0.5 -2.1 0.5 -0.1

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

XIII

0.790 133.1 133.2 1.6 0.0 0.0 0.8 0.1

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

68

0.292 100.5 100.5 2.6 0.1 0.1 1.1 0.0

Glass and glassware (Dec. 2021=100)

70

0.273 100.9 100.9 - - -0.3 1.2 0.0

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

XIV

4.693 238.1 254.0 4.3 -0.3 1.8 3.3 6.7

Base metals and articles of base metals

XV

6.118 244.0 260.0 31.2 1.5 2.6 1.4 6.6

Iron and steel

72

1.132 315.1 350.8 39.6 1.3 1.3 -0.5 11.3

Articles of iron or steel

73

1.876 206.0 209.7 33.6 2.2 3.9 0.6 1.8

Copper and articles thereof

74

0.526 419.7 438.8 8.5 0.4 1.8 0.5 4.6

Aluminum and articles thereof

76

1.152 206.0 224.8 42.6 1.2 2.7 4.0 9.1

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

82

0.408 127.5 127.8 3.5 -0.1 -0.1 0.5 0.2

Miscellaneous articles of base metal

83

0.516 147.4 147.8 7.6 0.1 1.0 0.3 0.3

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

XVI

27.877 81.9 82.1 3.4 0.0 0.6 0.2 0.2

Machinery and mechanical appliances; parts thereof

84

14.332 88.4 88.5 3.6 0.0 0.8 0.3 0.1

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

85

13.545 75.8 76.1 3.1 0.1 0.4 0.1 0.4

Vehicles, aircraft, vessels and associated transport equipment

XVII

10.865 118.5 118.5 2.6 0.1 0.9 0.2 0.0

Motor vehicles and their parts

87

10.093 117.8 117.8 2.7 0.0 0.9 0.2 0.0

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

88

0.682 101.7 102.4 1.7 0.0 0.8 0.0 0.7

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

XVIII

3.691 103.3 103.4 0.9 0.1 0.9 0.2 0.1

Optical, photographic, measuring and medical instruments

90

3.477 99.2 99.3 0.7 0.0 0.8 0.3 0.1

Miscellaneous manufactured articles

XX

4.168 117.6 118.2 6.0 1.1 0.5 0.9 0.5

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

94

2.542 126.3 126.3 7.0 1.6 0.5 1.3 0.0

Toys, games and sports equipment; parts and accessories thereof

95

1.365 103.0 104.5 3.7 0.2 0.3 0.0 1.5

Miscellaneous manufactured articles

96

0.261 137.2 137.2 7.4 1.5 2.3 2.5 0.0

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: March 2021 to March 2022 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Feb.
2022(1)
Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

Live animals; animal products

I

2.321 281.1 282.1 20.4 -0.5 0.5 1.1 0.4

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

02

1.483 230.1 229.2 19.7 -1.6 0.0 1.1 -0.4

Vegetable products

II

6.221 286.6 310.7 23.8 1.1 5.0 4.3 8.4

Edible fruit and nuts; peel of citrus fruit or melons

08

0.948 143.6 145.0 -1.0 0.6 -1.3 -3.0 1.0

Cereals

10

1.850 315.3 367.4 42.5 1.2 1.9 2.1 16.5

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

12

2.864 314.6 334.6 19.0 1.6 9.6 9.2 6.4

Prepared foodstuffs, beverages, and tobacco

IV

2.912 176.5 181.1 9.2 -0.1 2.5 0.5 2.6

Miscellaneous edible preparations (Dec. 2017=100)

21

0.575 105.3 105.1 4.1 0.1 1.5 0.4 -0.2

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

22

0.471 110.1 110.1 0.1 -0.2 0.1 0.0 0.0

Residues and waste from the food industries; prepared animal feed

23

0.889 309.9 326.9 15.0 -0.2 5.2 1.3 5.5

Mineral products

V

20.141 343.1 393.9 75.6 -10.2 10.0 11.5 14.8

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

26

0.599 146.8 150.0 28.8 -1.7 0.8 1.5 2.2

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

27

19.368 330.2 380.8 77.9 -10.7 10.4 11.9 15.3

Products of the chemical or allied industries

VI

11.452 161.5 163.6 12.3 0.4 1.3 0.5 1.3

Organic chemicals

29

2.723 190.7 196.6 16.7 -0.2 -0.3 2.4 3.1

Pharmaceutical products

30

3.164 108.0 108.0 -2.3 -0.2 0.3 -0.6 0.0

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.793 139.9 140.8 8.3 0.2 2.0 -0.2 0.6

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

34

0.427 131.3 131.6 4.7 -0.3 0.1 0.1 0.2

Miscellaneous chemical products

38

2.225 189.9 188.0 16.4 -0.5 2.8 0.1 -1.0

Plastics and articles thereof; rubber and articles thereof

VII

5.157 172.6 177.3 7.3 0.9 -1.3 -0.5 2.7

Plastics and articles thereof

39

4.441 172.9 178.4 7.1 1.1 -1.4 -0.6 3.2

Rubber and articles thereof

40

0.716 164.8 164.8 7.7 0.1 0.0 0.0 0.0

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

IX

0.613 133.6 148.1 26.5 0.4 0.9 1.2 10.9

Woodpulp, recovered paper, and paper products

X

1.804 149.0 150.8 15.9 -0.1 1.0 2.3 1.2

Woodpulp and recovered paper (Dec. 2019=100)

47

0.673 172.2 177.3 27.3 -0.6 -0.7 4.2 3.0

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

48

0.924 140.7 140.8 11.8 0.1 2.6 1.5 0.1

Textile and textile articles

XI

1.694 150.2 149.8 18.9 1.6 2.8 2.7 -0.3

Cotton, including yarns and woven fabrics thereof

52

0.696 191.7 189.3 37.1 2.8 4.6 5.2 -1.3

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

XIII

0.655 140.3 140.7 4.9 -0.5 1.3 5.8 0.3

Glass and glassware (Dec. 2019=100)

70

0.384 104.1 104.7 5.2 -0.1 0.0 5.3 0.6

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

XIV

3.996 325.6 347.3 12.0 0.4 0.1 4.9 6.7

Base metals and articles of base metals

XV

4.756 221.1 227.0 19.8 -1.3 3.8 1.9 2.7

Iron and steel (Dec. 2020=100)

72

1.392 181.7 192.2 40.4 0.4 4.6 2.8 5.8

Copper and articles thereof

74

0.592 283.9 290.1 15.3 -1.5 4.8 0.8 2.2

Aluminum and articles thereof

76

0.849 158.5 163.8 22.7 -8.5 2.8 3.9 3.3

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

XVI

23.285 102.3 103.0 4.7 0.2 1.0 0.4 0.7

Machinery and mechanical appliances; parts thereof

84

13.419 122.2 123.4 5.5 0.3 1.0 0.4 1.0

Electrical machinery and equipment and parts and accessories thereof

85

9.867 81.0 81.3 3.7 0.1 0.9 0.4 0.4

Vehicles, aircraft, vessels and associated transport equipment

XVII

8.132 144.0 145.1 4.0 0.2 0.6 0.2 0.8

Motor vehicles and their parts

87

6.103 121.0 121.9 3.8 0.2 0.5 0.2 0.7

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

XVIII

5.119 112.7 113.0 2.4 0.2 0.2 0.6 0.3

Miscellaneous manufactured articles

XX

1.051 123.8 124.6 6.9 0.3 1.9 0.0 0.6

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.559 143.1 143.1 3.8 0.8 0.7 -0.1 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.352 98.9 98.9 11.1 0.0 4.8 0.0 0.0

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

Industrialized Countries(2)

100.000 149.0 154.5 13.9 -1.0 2.9 2.5 3.7

Nonmanufacturing

13.357 297.0 331.8 62.7 -10.6 9.2 10.2 11.7

Manufacturing

85.764 137.1 140.2 8.4 0.2 2.3 1.4 2.3

Canada

100.000 193.2 207.4 31.1 -3.0 6.4 4.7 7.3

Nonmanufacturing

34.615 295.7 331.4 64.9 -11.2 9.8 10.4 12.1

Manufacturing

64.233 168.7 176.3 18.0 0.6 5.2 1.9 4.5

European Union

100.000 150.0 151.6 5.4 0.1 0.9 1.3 1.1

Manufacturing

98.665 145.3 146.8 5.2 0.0 0.8 1.3 1.0

France (Dec. 2003=100)

100.000 139.8 142.4 6.6 -0.1 0.6 1.0 1.9

Germany (Dec. 2003=100)

100.000 121.1 121.9 3.1 0.1 0.8 0.8 0.7

United Kingdom (Dec. 2003=100)

100.000 134.2 137.7 5.7 0.4 1.6 0.8 2.6

Latin America(3)

100.000 167.3 170.9 13.3 -0.4 2.3 1.0 2.2

Nonmanufacturing

16.959 339.9 363.3 37.5 -4.6 8.2 4.2 6.9

Manufacturing

82.767 133.5 135.1 9.3 0.2 1.2 0.5 1.2

Mexico (Dec. 2003=100)

100.000 140.0 141.6 8.6 -0.7 2.1 1.0 1.1

Nonmanufacturing (Dec. 2008=100)

11.082 178.4 191.2 29.9 -9.3 14.0 7.4 7.2

Manufacturing (Dec. 2008=100)

88.650 94.5 94.9 6.3 0.0 1.0 0.2 0.4

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

100.000 104.1 104.8 5.4 0.5 0.8 0.3 0.7

China (Dec. 2003=100)

100.000 104.1 104.6 4.8 0.7 0.5 0.2 0.5

Japan

100.000 99.2 99.6 1.8 0.0 0.1 0.1 0.4

Taiwan (Dec. 2018=100)

100.000 109.2 110.2 9.7 0.4 1.4 0.6 0.9

Asian NICs(5)

100.000 97.3 99.7 11.9 -0.3 1.8 1.0 2.5

ASEAN (Dec. 2003=100)(6)

100.000 102.7 104.2 5.4 0.2 0.3 0.6 1.5

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

100.000 226.4 247.9 35.9 -1.3 4.0 3.1 9.5

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: March 2021 to March 2022 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Feb.
2022(1)
Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

Industrialized Countries(2)

100.000 119.8 123.8 14.7 -1.0 2.5 2.1 3.3

Nonmanufacturing

16.376 160.1 179.4 52.9 -5.8 8.9 8.6 12.1

Manufacturing

81.883 114.7 116.5 9.2 -0.3 1.4 0.9 1.6

Canada

100.000 125.9 129.5 16.9 -1.2 3.4 2.4 2.9

Nonmanufacturing (Dec. 2020=100)

12.558 165.9 178.1 46.6 -6.8 9.5 10.2 7.4

Manufacturing (Dec. 2020=100)

86.008 115.2 117.7 13.5 -0.5 2.7 1.3 2.2

European Union

100.000 117.7 123.1 13.0 -0.9 3.1 1.4 4.6

Nonmanufacturing

20.197 154.5 178.6 56.1 -4.0 8.9 6.6 15.6

Manufacturing

78.117 111.1 113.0 5.4 -0.3 1.7 0.2 1.7

Germany

100.000 110.3 112.1 3.1 0.0 2.1 0.6 1.6

Latin America(3)

100.000 131.7 139.9 26.7 -2.8 4.5 4.4 6.2

Nonmanufacturing

13.024 206.7 217.1 53.6 -6.9 6.3 11.6 5.0

Manufacturing

86.437 125.4 133.4 23.6 -2.4 4.2 3.5 6.4

Mexico

100.000 130.8 135.9 24.5 -2.7 3.1 4.2 3.9

Nonmanufacturing

11.243 193.4 192.4 49.3 -12.1 1.2 21.5 -0.5

Manufacturing

88.362 126.3 131.9 22.1 -1.7 3.4 2.4 4.4

Pacific Rim(4)

100.000 118.9 123.2 15.4 -1.0 1.7 2.5 3.6

Nonmanufacturing

26.745 148.7 163.9 48.9 -2.3 3.6 6.2 10.2

Manufacturing

70.859 111.3 112.5 6.9 -0.5 0.9 1.1 1.1

China

100.000 116.6 122.4 15.8 -1.0 2.4 2.8 5.0

Nonmanufacturing

35.367 134.3 151.3 37.3 -0.9 6.0 8.4 12.7

Manufacturing

62.937 111.0 111.8 5.3 -0.9 0.6 -0.1 0.7

Japan

100.000 121.7 128.0 19.3 -1.6 4.0 3.3 5.2

Nonmanufacturing

31.130 159.1 182.5 56.1 -3.5 11.0 7.4 14.7

Manufacturing

67.208 109.5 110.3 7.6 -0.8 1.1 1.1 0.7

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: March 2021 to March 2022(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Feb.
2022
Mar.
2022
Annual Monthly
Mar.
2021
to
Mar.
2022
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022
Feb.
2022
to
Mar.
2022

Industrialized Countries(2)

98.4 98.1 0.7 -0.1 -0.4 -0.3 -0.3

Canada

85.6 82.0 -10.9 1.8 -2.7 -2.3 -4.2

European Union

105.6 109.3 7.3 -1.0 2.2 0.1 3.5

Germany

104.8 105.8 0.0 -0.1 1.3 -0.2 1.0

Latin America(3)

117.2 121.9 11.9 -2.4 2.2 3.4 4.0

Mexico

120.5 123.8 14.6 -2.0 1.0 3.2 2.7

Pacific Rim(4)

112.4 115.7 9.5 -1.4 0.9 2.2 2.9

China

112.1 117.1 10.5 -1.7 2.0 2.6 4.5

Japan

117.2 122.7 17.1 -1.5 3.8 3.3 4.7

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

Air Freight

Import Air Freight

100.000 348.5 354.3 18.3 -11.5 6.3 -9.2 1.7

Europe (Dec. 2003=100)

25.501 293.1 296.2 19.0 5.4 -8.2 0.9 1.1

Asia

74.499 345.4 351.9 14.6 -17.0 11.5 -12.2 1.9

Export Air Freight

100.000 197.5 204.2 19.6 4.7 1.7 6.3 3.4

Europe (Dec. 2006=100)

29.371 169.4 170.4 12.3 7.1 -1.7 9.0 0.6

Asia (Dec. 2011=100)

48.918 151.2 160.7 29.3 7.4 0.7 6.9 6.3

Inbound Air Freight

100.000 269.5 266.5 14.9 -4.1 6.8 -8.8 -1.1

Europe (Dec. 2003=100)

23.385 204.0 205.6 17.4 3.4 -3.8 1.2 0.8

Asia

67.155 274.8 272.0 14.6 -6.4 10.4 -11.8 -1.0

Outbound Air Freight

100.000 205.1 208.4 27.1 5.6 5.4 -8.0 1.6

Europe (Dec. 2003=100)

29.274 191.9 191.4 11.0 10.1 -6.2 13.6 -0.3

Asia

53.284 225.0 231.8 40.6 5.6 9.6 -18.9 3.0

Air Passenger Fares

Import Air Passenger Fares

100.000 149.4 162.2 11.2 5.1 -19.4 6.1 8.6

Europe

38.331 165.8 181.2 26.2 -6.0 -6.4 2.8 9.3

Asia

20.435 156.6 168.9 2.2 12.4 -23.2 19.4 7.9

Latin America/Caribbean

11.439 109.8 124.5 26.0 33.1 -34.2 3.6 13.4

Export Air Passenger Fares

100.000 164.1 175.6 9.8 2.3 7.7 -11.2 7.0

Europe

26.316 193.0 207.3 10.2 1.1 -0.2 -5.8 7.4

Asia

28.182 212.9 217.7 16.7 3.9 10.7 2.2 2.3

Latin America/Caribbean

27.093 134.6 150.7 18.3 6.7 18.6 -26.1 12.0

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: April 14, 2022