U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until					USDL-25-0487
8:30 a.m. (ET) Tuesday, April 15, 2025

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Media contact:	       (202) 691-5902 * PressOffice@bls.gov


                            U.S. IMPORT AND EXPORT PRICE INDEXES - MARCH 2025

U.S. import prices decreased 0.1 percent in March following a 0.2-percent increase in February, the U.S. 
Bureau of Labor Statistics reported today. Lower prices for fuel imports more than offset higher prices for 
nonfuel imports in March. Prices for U.S. exports were unchanged in March, after rising 0.5 percent the 
previous month.

Imports 

U.S. import prices decreased 0.1 percent in March following an increase of 0.2 percent in February. The 
March decline was the first monthly drop since the index decreased 0.4 percent in September 2024. Prices 
for U.S. imports increased 0.9 percent from March 2024 to March 2025. (See table 1.)

Fuel Imports: Import fuel prices decreased 2.3 percent in March following increases of 1.6 percent in 
February and 2.7 percent in January. The March decline was the largest monthly drop since the index 
decreased 7.2 percent in September 2024. Lower prices for petroleum and natural gas drove the overall 
decline in import fuel prices in March. Fuel import prices decreased 5.2 percent from March 2024 to March 
2025. Prices for import petroleum declined 1.5 percent in March, the first monthly decrease since October 
2024. The price index for petroleum imports fell 6.7 percent over the past 12 months. Import natural gas 
prices decreased 19.8 percent in March, the largest monthly decline since March 2024. Natural gas prices 
rose 88.5 percent for the year ended in March.

All Imports Excluding Fuel: Prices for nonfuel imports increased 0.1 percent for the second consecutive 
month in March. Nonfuel import prices have not declined on a monthly basis since a 0.2-percent drop in 
May 2024. Higher prices for capital goods; nonfuel industrial supplies and materials; and foods, feeds, and 
beverages more than offset lower prices for consumer goods and automotive vehicles. The price index for 
nonfuel imports advanced 1.5 percent for the year ended in March.

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices ticked up 0.1 percent in March, after 
being unchanged in February. Higher prices for green coffee, cocoa beans, and bakery and confectionery 
products more than offset lower prices for vegetables and distilled alcoholic beverages.

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 
rose 0.4 percent in March, after a 1.2-percent increase in February. Higher prices for major nonferrous 
metals drove the increase in nonfuel industrial supplies and materials prices in March. Nonfuel industrial 
supplies and materials prices advanced 6.7 percent from March 2024 to March 2025.

Finished Goods: Prices for the major finished goods import categories were mixed in March. Capital goods 
prices increased 0.3 percent, after edging down 0.1 percent in February. Higher prices for civilian aircraft, 
engines, and parts and telecommunications equipment drove the advance. In contrast, the price index for 
automotive vehicles declined 0.1 percent for the fourth consecutive month in March. Lower prices for parts, 
engines, bodies and chassis led the decrease. Import consumer goods prices fell 0.2 percent for the second 
consecutive month in March. Lower prices for household goods drove the decline in consumer goods prices.

Table A. Percent change in Import and Export Price Indexes, selected categories

Month	IMPORTS			EXPORTS
	All imports	Fuel imports	Nonfuel imports	All exports	Agri- cultural exports	Non- agricultural exports
2024
March	0.6	5.0	0.2	0.1	-1.0	0.3
April	0.9	3.9	0.6	0.7	-0.4	0.8
May	-0.1	0.2	-0.2	-0.7	0.3	-0.8
June	0.1	-1.7	0.2	-0.3	1.1	-0.4
July	0.1	0.0	0.2	0.5	-2.0	0.8
August	-0.3	-3.3	0.0	-0.7	-1.9	-0.6
September	-0.4	-7.2	0.2	-0.6	0.8	-0.7
October	0.1	-1.0	0.2	1.0	2.1	0.9
November	0.1	1.1	0.1	0.0	0.2	0.0
December	0.1	1.2	0.0	0.5	0.7	0.4
2025
January	(r)0.2	(r)2.7	(r)0.0	(r)1.4	-0.2	1.5
February	(r)0.2	(r)1.6	(r)0.1	(r)0.5	(r)0.6	(r)0.5
March	-0.1	-2.3	0.1	0.0	0.0	-0.1
Mar. 2023 to 2024	0.4	5.1	0.1	-1.5	-8.5	-0.7
Mar. 2024 to 2025	0.9	-5.2	1.5	2.4	1.4	2.5
Footnotes (r) Revised

Exports 

Prices for U.S. exports were unchanged in March following increases of 0.5 percent in February and 1.4 
percent in January. U.S. export prices have not declined on a 1-month basis since September 2024. The 
price index for U.S. exports advanced 2.4 percent from March 2024 to March 2025. (See table 2.)

Agricultural Exports: The index for agricultural export prices was unchanged in March following a 0.6-
percent increase in February and a 0.2-percent drop in January. Higher prices for soybeans offset lower 
prices for wheat and rice. Agricultural export prices advanced 1.4 percent for the year ended in March. Over 
the past year, higher prices for nuts and meat more than offset lower prices for soybeans.

All Exports Excluding Agriculture: The price index for nonagricultural exports decreased 0.1 percent in 
March, after rising 0.5 percent in February and 1.5 percent in January. The March decline in nonagricultural 
export prices was the first monthly decrease since a 0.7-percent drop in September 2024. Lower prices for 
nonagricultural industrial supplies and materials and nonagricultural foods more than offset higher prices for 
capital goods, consumer goods, and automotive vehicles. Prices for nonagricultural exports advanced 2.5 
percent from March 2024 to March 2025. Higher export prices for nonagricultural industrial supplies and 
materials, capital goods, and automotive vehicles all contributed to the 12-month increase.

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials prices 
decreased 0.5 percent in March, after advancing 1.1 percent the previous month. The March decline was the 
first 1-month decrease since a 0.1-percent drop in November 2024. The price index for nonagricultural 
industrial supplies and materials increased 3.5 percent for the year ended March 2025.

Finished Goods: Prices for each of the major finished goods export categories rose in March. Capital goods 
prices increased 0.5 percent, after ticking up 0.1 percent in February. Higher prices for oil drilling, mining, 
and construction machinery, and equipment; industrial and service machinery; and computers, peripherals, 
and semiconductors drove the monthly increase. Automotive vehicles prices rose 0.2 percent in March for 
the second consecutive month. Consumer goods prices increased 0.3 percent for the third consecutive month 
in March, which was led by higher prices for coins, gems, jewelry, and collectibles.

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 decreased 0.2 percent in March, after edging 
down 0.1 percent in February and declining 0.4 percent in January. The price index for imports from China 
decreased 0.9 percent over the past 12 months. The price index has not recorded a 12-month increase since 
the year ended December 2022. Prices for imports from Japan rose 0.5 percent for the second consecutive 
month in March. The price index for imports from Japan increased 1.7 percent over the past 12 months. 
Import prices from the European Union were unchanged in March, after a 0.4-percent advance in February. 
The price indexes for imports from Mexico and Canada declined in March, decreasing 0.3 percent and 1.5 
percent, respectively. (See table 7.)
	
Exports by Locality of Destination: Prices for exports to China ticked up 0.1 percent in March, after 
increasing 0.3 percent the previous month. The price index for exports to China increased 1.5 percent over 
the past 12 months. The price index has not recorded a 12-month decline since December 2024. Prices for 
exports to Japan advanced 0.7 percent in March following increases of 0.9 percent in February and 1.2 
percent in January. The price index for exports to Japan increased 5.5 percent for the year ended in March, 
the largest 12-month rise since the index advanced 5.7 percent in November 2022. The price indexes for 
exports to the European Union and Mexico each declined in March, decreasing 0.1 percent and 0.7 percent, 
respectively. In contrast, prices for exports to Canada rose 2.4 percent over the same period, the largest 
monthly increase since March 2022. (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 increased 
0.3 percent in March following a 0.4-percent advance in February. The index for U.S. terms of trade with 
China advanced 2.3 percent over the past 12 months. U.S. terms of trade with Japan increased 0.2 percent in 
March following a 0.4-percent rise in February. The index for U.S. terms of trade with Japan rose 3.8 
percent for the year ended in March. In contrast, U.S. terms of trade with Mexico and the European Union 
both decreased in March, falling 0.4 percent and 0.1 percent, respectively. U.S. terms of trade with Canada 
increased 3.9 percent in March. (See table 9.)

Import and Export Services

Imports: Import air passenger fares increased 0.6 percent in March, after advancing 3.4 percent in February 
and declining 12.8 percent in January. Higher European and Asian fares in March more than offset lower 
Latin American/Caribbean fares. Import air passenger fares decreased 2.8 percent over the past year. Prices 
for import air freight increased 1.5 percent in March following a 13.5-percent drop in February and a 3.1-
percent decline in January. The March advance in import air freight prices was the first monthly increase 
since the index rose 1.5 percent in November 2024. Higher Asian air freight prices more than offset lower 
prices for European air freight in March. Import air freight prices increased 5.5 percent from March 2024 to 
March 2025. (See table 10.)

Exports: Export air passenger fares increased 2.6 percent in March following a 13.0-percent decrease the 
previous month. Higher European and Asian fares more than offset lower Latin American/Caribbean fares. 
The price index for export air passenger fares decreased 1.2 percent from March 2024 to March 2025, the 
first 12-month decline since November 2024. Export air freight prices advanced 1.2 percent in March 
following a 2.1-percent drop the previous month. Prices for export air freight fell 0.8 percent over the past 
year.
		
U.S. Import and Export Price Index data for April 2025 are scheduled for release on Friday, May 16, 
2025, at 8:30 a.m. (ET).

Table 1. U.S. import price indexes and percent changes for End Use categories of goods: March 2024 to March 2025 [2000=100, unless otherwise noted]

Description	End Use	Relative import- ance Feb. 2025(1)	Index		Percent change
			Feb. 2025	Mar. 2025	Annual	Monthly
					Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
All commodities		100.000	142.0	141.8	0.9	0.1	0.2	0.2	-0.1
All imports excluding food and fuels (Dec. 2010=100)		83.901	109.3	109.4	1.1	-0.2	-0.1	0.1	0.1
All imports excluding petroleum		92.047	126.1	126.1	1.6	0.2	0.1	0.1	0.0
All imports excluding fuels (Dec. 2001=100)		91.364	129.9	130.0	1.5	0.0	0.0	0.1	0.1
Foods, feeds, & beverages	0	7.463	236.1	236.3	6.4	3.0	0.2	0.0	0.1
Agricultural foods, feeds & beverages, excluding distilled beverages	00	6.146	265.8	266.5	6.4	3.2	-0.5	0.0	0.3
Nonagricultural foods (fish, distilled beverages)	01	1.318	164.6	163.5	6.5	1.5	3.9	0.2	-0.7
Industrial supplies & materials	1	23.039	249.4	247.9	2.4	0.2	1.4	1.3	-0.6
Industrial supplies & materials excluding petroleum		15.143	212.4	212.0	7.2	0.4	0.8	1.5	-0.2
Industrial supplies & materials excluding fuels (Dec. 2001=100)		14.367	236.4	237.4	6.7	-0.2	0.5	1.2	0.4
Industrial supplies & materials, durable		9.287	231.2	233.0	7.8	-0.6	-0.6	1.6	0.8
Industrial supplies & materials nondurable excluding petroleum		5.798	190.9	187.4	6.3	2.2	3.1	1.3	-1.8
Fuels & lubricants	10	8.636	277.0	270.6	-5.2	1.2	2.7	1.6	-2.3
Petroleum & petroleum products	100	7.953	293.8	289.5	-6.7	0.0	2.3	1.2	-1.5
Crude petroleum	10000	5.508	303.7	299.3	-5.2	0.1	4.3	1.5	-1.4
Fuels, n.e.s.-coals & gas	101	0.499	214.3	180.5	45.2	32.9	10.7	12.3	-15.8
Natural gas	10110	0.396	222.2	178.1	88.5	47.9	14.3	22.7	-19.8
Paper & paper base stocks	11	0.438	136.4	135.7	-0.9	-0.1	-1.9	0.0	-0.5
Materials associated with nondurable supplies & materials	12	4.677	206.1	205.6	5.4	0.6	3.0	0.6	-0.2
Selected building materials (Jan. 2025=100)	13	1.512	100.2	99.4	-	-	-	0.2	-0.8
Unfinished metals related to durable goods	14	3.553	341.3	346.1	9.9	-1.6	-0.7	2.6	1.4
Finished metals related to durable goods	15	2.640	244.3	247.5	13.0	-0.6	-0.7	2.1	1.3
Nonmetals related to durable goods (Jan. 2025=100)	16	1.582	100.0	100.1	-	-	-	0.0	0.1
Capital goods	2	28.638	93.3	93.6	0.1	-0.4	0.0	-0.1	0.3
Nonelectrical machinery	21	22.057	84.0	84.1	0.0	-0.5	-0.1	0.0	0.1
Transportation equipment excluding motor vehicles (Dec. 2001=100)	22	1.969	160.3	162.3	0.9	0.2	1.0	0.2	1.2
Automotive vehicles, parts & engines	3	15.746	121.7	121.6	1.1	-0.1	-0.1	-0.1	-0.1
Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100)	30	15.746	102.2	102.1	1.1	-0.2	-0.1	0.0	-0.1
Consumer goods, excluding automotives	4	25.114	110.0	109.8	-0.7	-0.1	-0.5	-0.2	-0.2
Nondurables, manufactured	40	12.955	126.9	126.7	-1.0	0.0	-0.8	-0.1	-0.2
Durables, manufactured	41	11.251	94.1	93.9	-0.5	-0.3	-0.4	-0.3	-0.2
Nonmanufactured consumer goods	42	0.907	126.7	124.8	0.1	2.5	5.1	-0.1	-1.5
Footnotes (1) Relative importance figures are based on 2023 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 End Use categories of goods: March 2024 to March 2025 [2000=100, unless otherwise noted]

Description	End Use	Relative import- ance Feb. 2025(1)	Index		Percent change
			Feb. 2025	Mar. 2025	Annual	Monthly
					Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
All commodities		100.000	152.4	152.4	2.4	0.5	1.4	0.5	0.0
Agricultural commodities		8.592	230.0	230.1	1.4	0.7	-0.2	0.6	0.0
All exports excluding food and fuels (Dec. 2010=100)		74.584	118.5	119.0	3.3	-0.1	0.3	0.5	0.4
All exports excluding fuels (June 2022=100)		82.643	102.4	102.8	3.2	0.0	0.3	0.5	0.4
Nonagricultural commodities		91.408	146.3	146.2	2.5	0.4	1.5	0.5	-0.1
Foods, feeds, & beverages	0	8.060	235.1	235.6	3.4	1.0	0.0	0.6	0.2
Agricultural foods, feeds & beverages, excluding distilled beverages	00	7.617	236.7	237.3	3.2	1.0	0.0	0.7	0.3
Nonagricultural foods (fish, distilled beverages)	01	0.443	204.6	202.8	7.5	0.0	1.2	-0.5	-0.9
Industrial supplies & materials	1	38.755	208.0	206.8	3.0	0.9	3.4	1.0	-0.6
Industrial supplies & materials excluding fuels (Dec. 2020=100)		21.323	124.4	125.1	6.9	-0.2	0.6	1.3	0.6
Industrial supplies & materials, durable		10.966	235.3	237.3	11.1	-1.4	1.0	2.3	0.8
Industrial supplies & materials, nondurable		27.789	195.1	192.8	-0.2	2.0	4.3	0.6	-1.2
Agricultural industrial supplies & materials	10	0.952	195.6	192.3	-10.8	-1.8	-1.1	0.3	-1.7
Nonagricultural industrial supplies & materials		37.803	208.4	207.3	3.5	1.0	3.5	1.1	-0.5
Fuels & lubricants	11	17.357	241.6	236.7	-2.4	2.6	7.0	0.8	-2.0
Nonagricultural supplies & materials excluding fuels & building materials	12	19.680	209.1	210.7	8.1	-0.1	0.6	1.3	0.8
Selected building materials	13	0.767	157.8	157.2	4.5	0.5	1.5	1.3	-0.4
Capital goods	2	31.341	124.6	125.2	2.0	0.0	0.3	0.1	0.5
Nonelectrical machinery	21	21.615	103.5	103.9	1.5	0.0	0.2	0.1	0.4
Transportation equipment excluding motor vehicles (Dec. 2001=100)	22	6.133	224.2	224.7	2.9	0.1	0.7	0.2	0.2
Automotive vehicles, parts & engines	3	9.156	130.8	131.1	2.7	0.2	0.0	0.2	0.2
Vehicles-passenger (Dec. 2023=100)	30	9.156	102.9	103.1	2.7	0.2	0.0	0.2	0.2
Consumer goods, excluding automotives	4	12.688	118.6	118.9	0.8	-0.1	0.3	0.3	0.3
Nondurables, manufactured	40	7.101	109.3	109.4	2.1	-0.2	1.2	0.3	0.1
Durables, manufactured	41	4.580	121.8	122.6	0.7	0.1	-0.3	0.2	0.7
Nonmanufactured consumer goods (Dec. 2018=100)	42	1.007	119.2	119.2	-6.0	0.0	-4.3	2.1	0.0
Footnotes (1) Relative importance figures are based on 2023 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 NAICS industries: March 2024 to March 2025 [December 2005=100, unless otherwise noted]

Description	NAICS	Relative import- ance Feb. 2025(1)	Index		Percent change
			Feb. 2025	Mar. 2025	Annual	Monthly
					Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Nonmanufacturing		8.705	159.5	156.4	2.5	4.2	3.8	1.7	-1.9
Agriculture, forestry, fishing and hunting	11	2.461	272.5	273.2	12.6	7.8	1.7	-0.8	0.3
Crop production	111	2.082	289.8	290.9	13.7	9.3	1.1	-0.8	0.4
Animal production (Dec. 2022=100)	112	0.240	132.9	132.0	7.4	1.4	8.7	-0.4	-0.7
Forestry and logging (Jan. 2025=100)	113	0.097	97.5	97.9	-	-	-	-2.5	0.4
Fishing, hunting and trapping (Jan. 2025=100)	114	0.041	100.0	100.5	-	-	-	0.0	0.5
Mining	21	6.244	145.5	141.4	-1.4	2.6	4.8	2.8	-2.8
Oil and gas extraction	211	6.025	143.1	139.1	-1.8	2.6	5.0	2.8	-2.8
Mining (except oil and gas) (Dec. 2022=100)	212	0.219	123.4	118.6	7.5	2.0	-0.4	2.7	-3.9
Manufacturing		91.005	122.9	122.9	0.6	-0.2	-0.2	0.1	0.0
Manufacturing, part 1	31	10.804	143.6	143.7	2.8	0.6	0.7	0.4	0.1
Food manufacturing	311	4.660	207.6	207.9	8.8	1.6	2.3	1.1	0.1
Beverage and tobacco product manufacturing	312	1.065	141.3	140.0	-1.5	0.2	-1.3	-0.4	-0.9
Textile mills (Dec. 2023=100)	313	0.295	102.8	104.3	3.5	-0.3	-0.8	1.3	1.5
Textile product mills (Dec. 2023=100)	314	0.764	100.7	99.7	-0.4	-0.1	0.1	0.9	-1.0
Apparel manufacturing	315	2.748	117.9	117.7	-1.2	0.0	-0.5	-0.3	-0.2
Manufacturing, part 2	32	18.821	140.1	139.6	-2.1	-0.1	-0.8	-0.2	-0.4
Wood product manufacturing (Jan. 2025=100)	321	0.814	99.8	98.8	-	-	-	-0.2	-1.0
Paper manufacturing	322	0.776	117.4	117.6	-2.6	-0.1	-1.6	-0.9	0.2
Petroleum and coal products manufacturing	324	2.181	126.1	124.0	-11.6	-2.3	-3.1	0.5	-1.7
Chemical manufacturing	325	11.534	149.6	149.3	-1.2	0.1	-0.6	-0.3	-0.2
Plastics and rubber products manufacturing	326	2.401	131.0	130.8	-0.5	-0.5	-0.3	0.2	-0.2
Nonmetallic mineral product manufacturing	327	0.972	144.2	143.5	-0.6	0.1	-0.3	-0.5	-0.5
Manufacturing, part 3	33	61.380	113.7	113.9	1.2	-0.4	-0.2	0.1	0.2
Primary metal manufacturing	331	4.876	247.7	251.4	14.3	-1.1	-0.7	2.3	1.5
Fabricated metal product manufacturing	332	3.018	146.0	146.5	-0.2	-0.3	-0.4	0.7	0.3
Machinery manufacturing	333	8.115	132.4	132.5	0.3	-0.2	0.2	0.1	0.1
Computer and electronic product manufacturing	334	15.452	71.8	71.6	-0.7	-0.1	-0.4	-0.6	-0.3
Electrical equipment, appliance, and component manufacturing	335	6.583	122.8	123.4	-1.8	-0.5	0.1	-0.6	0.5
Transportation equipment manufacturing	336	16.407	120.9	121.0	1.0	-0.2	0.0	0.1	0.1
Furniture and related product manufacturing	337	1.521	129.5	129.6	1.3	-0.2	0.5	-0.2	0.1
Miscellaneous manufacturing	339	5.409	130.2	130.5	0.9	-1.2	-0.5	0.8	0.2
Footnotes (1) Relative importance figures are based on 2023 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 NAICS industries: March 2024 to March 2025 [December 2005=100, unless otherwise noted]

Description	NAICS	Relative import- ance Feb. 2025(1)	Index		Percent change
			Feb. 2025	Mar. 2025	Annual	Monthly
					Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Nonmanufacturing		15.249	178.4	175.9	2.0	4.7	5.4	0.1	-1.4
Agriculture, forestry, fishing and hunting	11	3.893	181.3	181.3	-1.2	1.9	0.2	0.7	0.0
Crop production	111	3.660	192.6	192.9	0.3	2.2	0.4	0.9	0.2
Animal production (Jan. 2025=100)	112	0.098	97.9	96.5	-	-	-	-2.1	-1.4
Forestry and logging (Jan. 2025=100)	113	0.098	99.5	96.1	-	-	-	-0.5	-3.4
Fishing, hunting and trapping (Jan. 2025=100)	114	0.038	97.7	98.8	-	-	-	-2.3	1.1
Mining	21	11.356	115.2	113.1	3.2	6.0	7.2	-0.2	-1.8
Oil and gas extraction (Dec. 2021=100)	211	10.268	104.9	103.0	5.7	7.6	8.4	0.3	-1.8
Mining (except oil and gas)	212	1.088	116.4	113.6	-15.7	-3.3	-2.5	-4.3	-2.4
Manufacturing		83.162	137.1	137.5	2.2	-0.2	0.7	0.6	0.3
Manufacturing, part 1	31	6.003	172.3	173.0	1.3	-0.8	-0.2	0.4	0.4
Food manufacturing	311	4.393	205.6	205.8	2.6	-1.1	-0.3	0.5	0.1
Beverage and tobacco product manufacturing	312	0.457	131.5	132.3	-5.6	0.0	0.0	-0.8	0.6
Manufacturing, part 2	32	25.281	135.6	134.9	-0.4	-0.3	2.1	0.7	-0.5
Wood product manufacturing (Dec. 2017=100)	321	0.462	130.1	130.4	6.8	0.6	0.4	2.2	0.2
Paper manufacturing (Jan. 2025=100)	322	1.360	100.3	99.4	-	-	-	0.3	-0.9
Petroleum and coal products manufacturing	324	5.648	138.7	136.3	-9.9	-3.2	7.6	2.5	-1.7
Chemical manufacturing	325	14.806	135.0	135.1	2.7	0.6	0.8	0.1	0.1
Plastics and rubber products manufacturing	326	2.095	134.5	132.9	-1.3	0.1	0.5	-1.4	-1.2
Nonmetallic mineral product manufacturing	327	0.705	133.6	133.0	0.8	-0.1	0.3	1.4	-0.4
Manufacturing, part 3	33	51.877	134.4	135.3	3.7	-0.1	0.2	0.6	0.7
Primary metal manufacturing	331	4.666	245.9	250.3	24.0	-2.1	1.1	5.2	1.8
Machinery manufacturing	333	8.907	154.1	154.9	2.4	-0.3	0.3	0.1	0.5
Computer and electronic product manufacturing	334	12.129	83.2	83.4	0.1	0.1	0.1	0.0	0.2
Transportation equipment manufacturing	336	14.382	152.6	152.9	2.8	0.2	0.3	0.2	0.2
Furniture and related product manufacturing (Dec. 2023=100)	337	0.343	105.7	105.3	3.4	0.1	1.1	0.6	-0.4
Miscellaneous manufacturing	339	4.891	141.5	142.5	0.6	0.1	-1.1	0.6	0.7
Footnotes (1) Relative importance figures are based on 2023 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 Harmonized categories of goods: March 2024 to March 2025 [2000=100, unless otherwise noted]

Description	Harmo- nized system	Relative importance Feb. 2025(1)	Index		Percent change
			Feb. 2025	Mar. 2025	Annual	Monthly
					Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Live animals; animal products	I	1.529	257.8	259.2	8.1	1.1	3.5	0.8	0.5
Meat and edible meat offal	02	0.471	362.9	365.0	6.1	0.1	0.2	1.7	0.6
Fish and crustaceans, molluscs and other aquatic invertebrates	03	0.728	165.7	166.4	10.8	2.1	7.4	-0.3	0.4
Dairy products, eggs, and honey (Jan. 2025=100)	04	0.143	100.5	101.2	-	-	-	0.5	0.7
Vegetable products	II	2.309	282.8	282.2	7.8	5.6	-0.2	-0.9	-0.2
Live trees & plants; bulbs, roots; cut flowers and ornamental foliage (Jan. 2025=100)	06	0.180	98.0	89.4	-	-	-	-2.0	-8.8
Edible vegetables, roots, and tubers	07	0.529	539.2	515.6	-7.0	6.5	-11.8	-4.7	-4.4
Edible fruit and nuts; peel of citrus fruit or melons	08	0.826	136.4	136.5	4.1	3.2	3.3	-1.2	0.1
Coffee, tea, mate and spices	09	0.446	385.4	418.2	40.7	8.3	-3.5	4.3	8.5
Cereals (Jan. 2025=100)	10	0.105	102.5	98.5	-	-	-	2.5	-3.9
Milling industry products; malt; starches; inulin; wheat gluten (Jan. 2025=100)	11	0.077	100.1	96.9	-	-	-	0.1	-3.2
Oilseeds & misc grains, seeds, plants, straw & fodder (Jan. 2025=100)	12	0.092	99.3	100.5	-	-	-	-0.7	1.2
Animal or vegetable fats and oils (Dec. 2009=100)	III	0.561	161.4	159.9	6.6	2.9	1.7	0.2	-0.9
Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100)	15	0.561	108.6	107.7	6.6	2.9	1.7	0.2	-0.8
Prepared foodstuffs, beverages, and tobacco	IV	3.574	216.7	217.3	6.6	1.6	2.0	1.0	0.3
Sugars and sugar confectionary (Dec. 2021=100)	17	0.239	122.2	118.7	-7.6	-2.0	-0.3	1.4	-2.9
Cocoa and cocoa preparations (Dec. 2009=100)	18	0.506	296.4	322.0	64.3	9.7	18.3	8.6	8.6
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)	19	0.483	99.2	98.3	-1.5	-0.1	-0.2	-1.1	-0.9
Preparations of vegetables, fruit, nuts, or other parts of plants (Jan. 2025=100)	20	0.444	100.2	99.7	-	-	-	0.2	-0.5
Miscellaneous edible preparations (Dec. 2022=100)	21	0.399	100.8	97.9	4.6	2.1	2.9	0.5	-2.9
Beverages, spirits, and vinegar	22	1.009	153.9	152.0	-2.0	-0.2	-1.0	-0.5	-1.2
Residues and waste from the food industries; prepared animal feed (Jan. 2025=100)	23	0.162	99.0	98.3	-	-	-	-1.0	-0.7
Tobacco and manufactured tobacco substitutes (Jan. 2025=100)	24	0.108	99.3	102.6	-	-	-	-0.7	3.3
Mineral products	V	8.579	287.0	279.7	-4.1	1.3	2.6	2.2	-2.5
Salt; sulfur; earths and stone; plaster materials, lime & cement (Jan. 2025=100)	25	0.178	102.4	97.2	-	-	-	2.4	-5.1
Ores, slag and ash (Jan. 2025=100)	26	0.106	106.5	99.5	-	-	-	6.5	-6.6
Mineral fuels, oils and residuals, bituminous substances and mineral waxes	27	8.295	279.6	272.8	-4.3	1.3	2.7	2.1	-2.4
Products of the chemical or allied industries	VI	11.058	170.7	170.3	-1.8	0.1	-0.4	-0.6	-0.2
Inorganic chemicals (Dec. 2024=100)	28	0.515	94.8	93.5	-	-	0.2	-5.4	-1.4
Organic chemicals	29	2.042	134.1	133.9	-2.5	0.1	0.4	-0.6	-0.1
Pharmaceutical products	30	6.168	153.4	152.9	-1.7	-0.1	-1.0	-0.3	-0.3
Fertilizers (Dec. 2022=100)	31	0.271	62.0	59.6	-6.6	1.9	3.7	1.3	-3.9
Soap, lubricants; waxes, candles, polishing products, and modeling paste (Dec. 2024=100)	34	0.182	98.4	99.7	-	-	-0.4	-1.2	1.3
Albuminoidal substances; modified starches; glues; enzymes (Jan. 2025=100)	35	0.121	95.7	96.2	-	-	-	-4.3	0.5
Miscellaneous chemical products	38	0.807	109.7	108.4	-4.9	0.1	0.0	-1.5	-1.2
Plastics and articles thereof; rubber and articles thereof	VII	3.379	154.9	154.5	0.7	-0.6	-0.3	0.5	-0.3
Plastics and articles thereof	39	2.241	151.1	151.3	0.6	-0.9	-0.3	0.8	0.1
Rubber and articles thereof	40	1.137	165.6	164.0	0.9	-0.1	-0.2	0.1	-1.0
Wood, wood charcoal, cork, straw, basketware and wickerwork (Jan. 2025=100)	IX	0.855	100.1	99.5	-	-	-	0.1	-0.6
Wood and articles of wood; wood charcoal (Jan. 2025=100)	44	0.824	99.9	99.3	-	-	-	-0.1	-0.6
Woodpulp, recovered paper, and paper products (Jan. 2025=100)	X	0.859	99.1	98.8	-	-	-	-0.9	-0.3
Pulp wood, waste paper, and paperboard (Jan. 2025=100)	47	0.131	99.4	99.2	-	-	-	-0.6	-0.2
Paper and paperboard; articles of paper pulp, paper or paperboard (Jan. 2025=100)	48	0.565	98.8	98.4	-	-	-	-1.2	-0.4
Textile and textile articles	XI	3.671	119.9	119.5	-0.9	0.0	-0.7	0.1	-0.3
Manmade filaments, yarns and woven fabrics (Jan. 2025=100)	54	0.075	101.2	101.0	-	-	-	1.2	-0.2
Manmade staple fibers, yarns & woven fabrics (Jan. 2025=100)	55	0.055	98.8	100.3	-	-	-	-1.2	1.5
Wadding, felt and nonwovens; special yarns; twine, cordage, and ropes (Jan. 2025=100)	56	0.092	101.0	103.2	-	-	-	1.0	2.2
Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100)	61	1.484	98.0	97.7	-2.6	0.0	-0.4	-0.7	-0.3
Articles of apparel and clothing accessories, not knitted or crocheted	62	1.226	127.7	127.5	0.6	0.1	-0.9	0.6	-0.2
Made-up or worn textile articles (Dec. 2023=100)	63	0.540	99.1	97.3	-2.3	0.0	-0.5	1.2	-1.8
Headgear, umbrellas, artificial flowers, etc.	XII	1.063	125.7	127.0	0.2	-0.2	0.0	-0.5	1.0
Footwear and parts of such articles	64	0.865	122.9	124.7	0.8	-0.3	0.1	-0.4	1.5
Stone, plaster, cement, asbestos, ceramics, glass etc.	XIII	0.834	137.0	136.6	-0.2	0.1	-0.2	-0.7	-0.3
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100)	68	0.297	99.2	97.1	-3.1	-0.1	-0.2	-1.4	-2.1
Ceramic products (Dec. 2024=100)	69	0.240	100.0	100.8	-	-	-0.2	0.2	0.8
Glass and glassware (Dec. 2021=100)	70	0.297	110.7	111.5	1.8	0.0	-0.2	-0.7	0.7
Pearls, stones, precious metals, imitation jewelry, and coins	XIV	3.529	269.1	274.3	20.6	-2.0	-0.5	4.5	1.9
Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100)	71	3.529	119.6	121.9	20.7	-2.0	-0.4	4.5	1.9
Base metals and articles of base metals	XV	5.379	230.0	231.8	1.7	-0.4	-0.4	0.6	0.8
Iron and steel (Jan. 2025=100)	72	0.972	99.4	99.5	-	-	-	-0.6	0.1
Articles of iron or steel	73	1.603	189.5	190.2	-0.5	-0.4	0.1	1.1	0.4
Copper and articles thereof	74	0.539	419.9	435.4	11.9	-3.6	1.3	1.1	3.7
Nickel and articles thereof (Jan. 2025=100)	75	0.115	100.3	103.3	-	-	-	0.3	3.0
Aluminum and articles thereof	76	1.032	211.6	214.2	12.1	1.6	-1.6	0.7	1.2
Lead and articles thereof (Jan. 2025=100)	78	0.042	107.0	105.6	-	-	-	7.0	-1.3
Zinc and articles thereof (Jan. 2025=100)	79	0.090	98.9	96.9	-	-	-	-1.1	-2.0
Tin and articles thereof (Jan. 2025=100)	80	0.034	98.3	99.5	-	-	-	-1.7	1.2
Base metals nesoi; cermets; articles thereof (Jan. 2025=100)	81	0.122	101.0	100.9	-	-	-	1.0	-0.1
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof	82	0.360	132.1	132.1	-0.9	-0.2	-0.5	0.8	0.0
Miscellaneous articles of base metal	83	0.470	143.0	143.8	0.8	-0.2	-0.2	0.5	0.6
Machinery, electrical equipment, TV image and sound recorders, parts, etc.	XVI	30.228	81.8	81.8	-0.5	-0.2	-0.1	-0.4	0.0
Machinery and mechanical appliances; parts thereof	84	15.184	89.9	90.0	0.0	-0.2	0.1	-0.1	0.1
Electrical machinery and equip, sound and TV recorders & reproducers, parts	85	15.044	74.3	74.2	-1.1	-0.4	-0.3	-0.7	-0.1
Vehicles, aircraft, vessels and associated transport equipment	XVII	13.923	124.9	124.9	1.1	-0.2	0.0	0.1	0.0
Motor vehicles and their parts	87	12.950	123.8	123.7	0.7	-0.2	-0.2	0.2	-0.1
Aircraft, spacecraft, and parts thereof (Dec. 2020=100)	88	0.823	113.2	115.1	7.1	0.2	1.3	0.1	1.7
Optical, photo, measuring, medical & musical instruments; & timepieces	XVIII	4.277	110.0	110.1	-0.6	-1.6	-0.5	-0.2	0.1
Optical, photographic, measuring and medical instruments	90	3.985	105.5	105.6	-0.7	-1.7	-0.6	-0.1	0.1
Miscellaneous manufactured articles	XX	3.867	121.0	121.1	0.6	0.0	0.2	0.0	0.1
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs	94	2.160	127.8	128.2	0.9	-0.2	0.4	-0.3	0.3
Toys, games and sports equipment; parts and accessories thereof	95	1.427	106.6	106.7	-0.5	0.2	-0.1	0.2	0.1
Miscellaneous manufactured articles	96	0.281	159.4	155.9	2.2	1.0	1.2	1.7	-2.2
Footnotes (1) Relative importance figures are based on 2023 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 Harmonized categories of goods: March 2024 to March 2025 [2000=100, unless otherwise noted]

Description	Harmo- nized system	Relative import- ance Feb. 2025(1)	Index		Percent change
			Feb. 2025	Mar. 2025	Annual	Monthly
					Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Live animals; animal products	I	1.973	282.3	281.5	6.2	-1.4	-0.9	0.7	-0.3
Meat & edible meat offal (Dec. 2006=100)	02	1.260	244.5	245.8	7.1	-1.6	-0.6	0.9	0.5
Fish and crustaceans, mollusks and aquatic invertebrates (Jan. 2025=100)	03	0.255	101.0	98.9	-	-	-	1.0	-2.1
Dairy products, eggs and honey (Jan. 2025=100)	04	0.351	100.4	99.0	-	-	-	0.4	-1.4
Products of animal origin, nesoi (Jan. 2025=100)	05	0.050	101.7	102.0	-	-	-	1.7	0.3
Vegetable products	II	3.708	240.4	241.3	2.2	3.0	0.4	0.9	0.4
Edible Vegetables (Jan. 2025=100)	07	0.284	99.0	99.0	-	-	-	-1.0	0.0
Edible fruit and nuts; citrus or melon peels	08	0.989	180.1	180.8	18.8	5.8	-1.3	-0.2	0.4
Cereals	10	0.970	238.4	237.0	4.3	1.2	2.8	1.0	-0.6
Milling industry products; malt; starches; inulin; wheat gluten (Jan. 2025=100)	11	0.053	99.4	99.2	-	-	-	-0.6	-0.2
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder	12	1.274	218.4	220.2	-7.4	-0.1	0.1	2.4	0.8
Animal or vegetable fats and oils (Jan. 2025=100)	III	0.095	97.8	99.0	-	-	-	-2.2	1.2
Animal or vegetable fats & oils (Jan. 2025=100)	15	0.095	97.8	99.0	-	-	-	-2.2	1.2
Prepared foodstuffs, beverages, and tobacco	IV	2.727	181.3	183.0	-0.5	-0.5	-0.1	-0.3	0.9
Edible preps of meat, of fish, or of aquatic invertebrates (Jan. 2025=100)	16	0.128	100.1	101.2	-	-	-	0.1	1.1
Sugars and sugar confectionary (Jan. 2025=100)	17	0.142	99.3	99.5	-	-	-	-0.7	0.2
Cocoa and cocoa preparations (Jan. 2025=100)	18	0.152	106.5	106.6	-	-	-	6.5	0.1
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)	19	0.277	102.5	103.7	3.6	-0.1	-1.0	-0.8	1.2
Preparations of vegetables, fruit, nuts or other parts of plants (Jan. 2025=100)	20	0.304	99.5	100.0	-	-	-	-0.5	0.5
Miscellaneous edible preparations (Dec. 2017=100)	21	0.547	119.2	120.1	-0.8	-1.8	-0.2	0.4	0.8
Beverages, spirits, and vinegar (Dec. 2024=100)	22	0.469	96.8	100.6	-	-	0.0	-3.2	3.9
Residues and waste from the food industries; prepared animal feed	23	0.628	243.8	242.3	-10.7	-0.7	0.3	0.0	-0.6
Mineral products	V	17.098	291.4	286.3	-1.6	2.8	7.3	0.8	-1.8
Ores, slag and ash (Dec. 2012=100)	26	0.421	132.7	134.4	12.6	-2.3	1.7	-2.4	1.3
Mineral fuels, oils and residuals, bituminous substances and mineral waxes	27	16.513	278.8	273.7	-2.0	3.0	7.5	0.8	-1.8
Products of the chemical or allied industries	VI	12.643	166.4	165.8	4.9	2.3	1.2	0.5	-0.4
Inorganic chemicals (Jan. 2025=100)	28	0.987	101.4	100.8	-	-	-	1.4	-0.6
Organic chemicals (Jan. 2025=100)	29	2.854	101.3	101.8	-	-	-	1.3	0.5
Pharmaceutical products	30	4.545	106.3	106.4	2.9	-0.2	1.4	0.0	0.1
Fertilizers (Jan. 2025=100)	31	0.231	99.8	96.6	-	-	-	-0.2	-3.2
Tanning or dyeing extracts, dyes, paints varnish, putty, & inks (Dec. 2024=100)	32	0.430	101.3	101.3	-	-	1.4	-0.1	0.0
Essential oils and resinoids; perfumery cosmetic or toilet preparations	33	0.773	148.4	146.3	-0.5	-0.3	-0.1	0.3	-1.4
Miscellaneous chemical products	38	2.007	193.6	192.9	-0.3	0.1	-1.1	-0.5	-0.4
Rubber and articles thereof	40	0.879	198.0	196.0	3.3	-0.1	1.4	0.8	-1.0
Raw hides and skins other than furskins and leather (Jan. 2025=100)	41	0.067	92.6	97.4	-	-	-	-7.4	5.2
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100)	IX	0.521	117.1	116.5	4.2	0.7	1.3	1.4	-0.5
Wood and articles of wood; wood charcoal (Dec. 2023=100)	44	0.521	109.4	108.8	4.4	0.8	1.3	1.6	-0.5
Woodpulp, recovered paper, and paper products (Jan. 2025=100)	X	1.537	100.4	100.4	-	-	-	0.4	0.0
Woodpulp and recovered paper (Dec. 2019=100)	47	0.516	171.3	171.4	5.2	-1.7	-0.9	0.9	0.1
Paper and paperboard; articles of paper pulp, paper or paperboard (Jan. 2025=100)	48	0.798	99.5	99.1	-	-	-	-0.5	-0.4
Textile and textile articles (Jan. 2025=100)	XI	1.288	100.2	100.6	-	-	-	0.2	0.4
Cotton, yarns and woven fabrics thereof	52	0.316	138.5	137.0	-17.9	-4.9	-0.9	-1.8	-1.1
Manmade filaments, yarns and woven fabrics (Jan. 2025=100)	54	0.075	100.2	97.6	-	-	-	0.2	-2.6
Manmade staple fibers, yarns and woven fabrics (Jan. 2025=100)	55	0.120	98.8	99.0	-	-	-	-1.2	0.2
Stone, plaster, cement, asbestos, ceramics, glass etc.	XIII	0.722	159.9	157.4	2.3	-0.3	1.8	1.9	-1.6
Glass and glassware (Dec. 2019=100)	70	0.334	116.2	113.9	-0.7	-0.7	0.3	0.7	-2.0
Pearls, stones, precious metals, imitation jewelry, and coins	XIV	4.825	383.8	395.4	22.7	-2.0	-0.8	5.7	3.0
Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100)	71	4.825	122.9	126.6	22.7	-1.9	-0.9	5.7	3.0
Base metals and articles of base metals	XV	4.554	212.5	214.6	2.7	-1.5	0.8	0.6	1.0
Iron and steel (Jan. 2025=100)	72	0.953	99.8	100.7	-	-	-	-0.2	0.9
Copper and articles thereof	74	0.620	288.0	290.7	10.1	-5.3	0.6	3.2	0.9
Aluminum and articles thereof	76	0.795	157.2	158.3	7.5	0.6	0.0	-0.4	0.7
Miscellaneous articles of base metal (Dec. 2022=100)	83	0.315	107.0	107.0	1.1	0.0	0.1	0.1	0.0
Machinery, electrical equipment, TV image and sound recorders, parts, etc.	XVI	25.704	109.4	110.0	1.9	0.0	0.4	0.0	0.5
Machinery and mechanical appliances; parts thereof	84	15.169	135.5	136.2	2.8	-0.3	0.4	0.3	0.5
Electrical machinery and equipment and parts and accessories thereof	85	10.535	82.5	82.8	0.6	0.5	0.1	-0.2	0.4
Vehicles, aircraft, vessels and associated transport equipment	XVII	10.614	158.4	158.7	2.6	0.3	0.3	0.3	0.2
Motor vehicles and their parts	87	7.793	131.7	132.0	2.2	0.2	0.1	0.1	0.2
Optical, photo, measuring, medical & musical instruments; & timepieces	XVIII	5.702	119.9	120.2	1.0	0.3	-0.4	-0.1	0.3
Optical, photographic, measuring and medical instruments (Dec. 2023=100)	90	5.667	101.2	101.5	1.3	0.4	-0.2	0.0	0.3
Miscellaneous manufactured articles	XX	1.075	136.4	137.7	1.1	-0.1	0.1	0.2	1.0
Furniture; stuffed furnishings; lamps and lighting fittings nesoi	94	0.559	153.2	153.7	2.5	0.1	0.3	-0.1	0.3
Toys, games and sports equipment; parts and accessories thereof	95	0.375	113.7	115.7	-3.5	-0.3	-0.1	-0.3	1.8
Footnotes (1) Relative importance figures are based on 2023 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 2024 to March 2025 [2000=100, unless otherwise noted]

Description	Relative import- ance Feb. 2025(1)	Index		Percent change
		Feb. 2025	Mar. 2025	Annual	Monthly
				Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Industrialized Countries(2)	100.000	147.9	147.7	1.5	0.3	0.1	0.3	-0.1
Nonmanufacturing	10.877	264.8	256.0	4.7	4.5	5.8	2.7	-3.3
Manufacturing	88.755	138.8	139.1	1.2	-0.2	-0.6	0.1	0.2
Canada	100.000	174.7	172.0	1.4	1.2	1.8	0.8	-1.5
Nonmanufacturing	30.548	257.9	249.7	4.6	4.7	5.8	2.8	-3.2
Manufacturing	68.742	156.4	155.0	0.1	-0.3	0.1	0.0	-0.9
European Union	100.000	157.6	157.6	-0.1	-0.1	-0.9	0.4	0.0
Manufacturing	99.344	153.3	153.2	-0.1	-0.1	-0.9	0.4	-0.1
France (Dec. 2003=100)	100.000	157.7	162.5	3.2	-0.5	-1.1	0.9	3.0
Germany (Dec. 2003=100)	100.000	126.4	127.2	2.3	-0.5	0.7	0.8	0.6
United Kingdom (Dec. 2003=100)	100.000	140.0	139.6	1.0	0.2	-1.0	1.9	-0.3
Latin America(3)	100.000	177.4	176.8	1.7	0.4	0.6	0.5	-0.3
Nonmanufacturing	14.715	356.4	348.1	1.0	6.3	1.9	0.7	-2.3
Manufacturing	84.992	142.3	142.2	1.7	-0.5	0.3	0.4	-0.1
Mexico (Dec. 2003=100)	100.000	150.6	150.1	1.6	0.5	-0.1	0.3	-0.3
Nonmanufacturing (Dec. 2008=100)	9.207	184.9	181.0	-5.3	8.0	-4.5	0.6	-2.1
Manufacturing (Dec. 2008=100)	90.504	102.6	102.4	2.4	-0.1	0.4	0.3	-0.2
Pacific Rim (Dec. 2003=100)(4)	100.000	102.8	102.7	0.8	-0.1	0.0	0.1	-0.1
China (Dec. 2003=100)	100.000	99.8	99.6	-0.9	-0.1	-0.4	-0.1	-0.2
Japan	100.000	102.4	102.9	1.7	-0.2	0.7	0.5	0.5
Taiwan (Dec. 2018=100)	100.000	110.2	111.2	2.6	-0.1	-0.1	0.2	0.9
Asian NICs(5)	100.000	95.3	95.3	1.1	-0.7	-0.1	0.5	0.0
ASEAN (Dec. 2003=100)(6)	100.000	100.9	101.0	0.9	0.0	0.5	-0.1	0.1
Asia Near East (Dec. 2003=100)(7)	100.000	210.6	208.4	-3.2	-1.8	2.1	-0.2	-1.0
Footnotes (1) Relative importance figures are based on 2023 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 2024 to March 2025 [December 2017=100, unless otherwise noted]

Description	Relative import- ance Feb. 2025(1)	Index		Percent change
		Feb. 2025	Mar. 2025	Annual	Monthly
				Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Industrialized Countries(2)	100.000	126.2	126.9	4.1	-0.1	1.0	0.7	0.6
Nonmanufacturing	15.273	146.9	144.2	-0.7	1.1	5.1	0.8	-1.8
Manufacturing	83.152	123.4	124.5	4.5	-0.2	0.2	0.7	0.9
Canada	100.000	131.9	135.0	5.1	0.5	1.2	0.7	2.4
Nonmanufacturing (Dec. 2020=100)	8.403	144.6	144.8	5.2	9.1	6.2	1.0	0.1
Manufacturing (Dec. 2020=100)	89.336	122.3	125.0	4.3	0.1	0.7	0.7	2.2
European Union	100.000	121.2	121.1	-0.7	-0.3	1.6	-0.2	-0.1
Nonmanufacturing	21.312	136.8	135.2	-7.3	-0.3	7.0	-0.4	-1.2
Manufacturing	77.711	118.5	118.6	1.2	-0.2	0.3	-0.2	0.1
Germany	100.000	124.8	128.3	4.2	-0.1	0.0	-0.4	2.8
Latin America(3)	100.000	124.4	123.7	0.0	-0.3	2.2	1.2	-0.6
Nonmanufacturing	9.466	161.5	150.5	11.2	8.2	9.9	4.3	-6.8
Manufacturing	89.995	121.8	121.8	-1.0	-1.0	1.4	1.0	0.0
Mexico	100.000	125.9	125.0	1.8	0.1	1.7	1.8	-0.7
Nonmanufacturing	8.628	148.9	133.2	27.5	15.2	10.5	10.5	-10.5
Manufacturing	90.645	125.1	125.3	0.2	-0.8	1.1	1.1	0.2
Pacific Rim(4)	100.000	115.0	114.8	0.4	-0.3	1.1	0.3	-0.2
Nonmanufacturing	21.939	116.5	114.2	-4.1	-1.2	5.5	0.8	-2.0
Manufacturing	76.352	116.2	116.6	1.6	0.1	0.0	0.3	0.3
China	100.000	108.7	108.8	1.5	-0.1	0.8	0.3	0.1
Nonmanufacturing	26.665	98.6	98.3	-4.5	-0.8	2.7	0.1	-0.3
Manufacturing	71.578	114.5	114.8	3.3	0.3	0.2	0.4	0.3
Japan	100.000	114.8	115.6	5.5	-1.2	1.2	0.9	0.7
Nonmanufacturing	23.089	125.1	123.6	-0.1	-4.6	5.2	1.6	-1.2
Manufacturing	75.740	112.2	113.5	6.9	-0.3	0.2	0.7	1.2
Footnotes (1) Relative importance figures are based on 2023 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 2024 to March 2025(1) [December 2017=100, unless otherwise noted]

Description	Index		Percent change
	Feb. 2025	Mar. 2025	Annual	Monthly
			Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Industrialized Countries(2)	104.4	105.2	2.6	-0.4	0.8	0.4	0.8
Canada	99.2	103.1	3.7	-0.7	-0.6	-0.1	3.9
European Union	103.5	103.4	-0.6	-0.1	2.6	-0.6	-0.1
Germany	113.6	116.1	1.8	0.3	-0.7	-1.2	2.2
Latin America(3)	104.4	104.2	-1.6	-0.8	1.6	0.8	-0.2
Mexico	107.8	107.4	0.1	-0.5	1.8	1.4	-0.4
Pacific Rim(4)	110.1	110.0	-0.4	-0.1	1.1	0.3	-0.1
China	109.0	109.3	2.3	0.0	1.2	0.4	0.3
Japan	107.1	107.3	3.8	-1.0	0.6	0.4	0.2
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 2024 to March 2025 [2000=100, unless otherwise noted]

Description	Relative import- ance Feb. 2025(1)	Index		Percent change
		Feb. 2025	Mar. 2025	Annual	Monthly
				Mar. 2024 to Mar. 2025	Nov. 2024 to Dec. 2024	Dec. 2024 to Jan. 2025	Jan. 2025 to Feb. 2025	Feb. 2025 to Mar. 2025
Air Freight
Import Air Freight	100.000	228.9	232.4	5.5	-0.9	-3.1	-13.5	1.5
Europe (Dec. 2003=100)	24.419	166.6	159.5	-9.5	0.1	7.9	-1.3	-4.3
Asia	64.587	230.2	239.3	9.0	-1.4	-6.1	-19.1	4.0
Export Air Freight	100.000	173.1	175.2	-0.8	-5.0	1.8	-2.1	1.2
Europe (Dec. 2006=100)	32.663	131.2	132.9	0.6	-3.3	0.4	0.6	1.3
Asia (Dec. 2011=100)	42.682	136.6	135.8	-5.9	-3.7	1.7	-2.5	-0.6
Inbound Air Freight	100.000	172.1	174.8	2.9	1.5	-5.2	-8.4	1.6
Europe (Dec. 2003=100)	26.112	144.7	137.6	-7.2	0.4	0.9	3.0	-4.9
Asia	60.571	167.1	173.8	10.1	1.4	-6.4	-13.1	4.0
Outbound Air Freight	100.000	167.9	167.6	-0.4	-4.1	2.8	-1.5	-0.2
Europe (Dec. 2003=100)	36.674	169.2	170.4	2.9	-2.4	6.5	-0.3	0.7
Asia	37.174	176.1	173.6	-3.2	-8.5	4.1	-3.7	-1.4
Air Passenger Fares
Import Air Passenger Fares	100.000	172.6	173.6	-2.8	10.6	-12.8	3.4	0.6
Europe	43.780	189.4	195.1	0.2	5.2	-10.6	3.0	3.0
Asia	17.769	150.0	156.7	-7.4	17.8	-17.2	-2.9	4.5
Latin America/Caribbean	9.045	155.8	154.0	-1.4	15.2	-15.3	6.7	-1.2
Export Air Passenger Fares	100.000	174.6	179.1	-1.2	0.2	12.8	-13.0	2.6
Europe	32.348	202.8	212.9	-0.4	-0.8	6.1	-10.8	5.0
Asia	15.889	161.4	168.7	-9.8	-5.0	22.6	-21.2	4.5
Latin America/Caribbean	29.902	185.2	183.3	2.5	4.3	24.8	-17.8	-1.0
Footnotes (1) Relative importance figures are based on 2023 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. 

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. 

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. 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.) 

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. 

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. 

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