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Transmission of material in this release is embargoed until USDL-24-0946 8:30 a.m. (ET) Thursday, May 16, 2024 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 - APRIL 2024 U.S. imports increased 0.9 percent in April, after advancing 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Higher fuel and nonfuel import prices contributed to the overall rise. Prices for U.S. exports increased 0.5 percent in April following a 0.1-percent advance the previous month. Imports The price index for U.S. imports advanced 0.9 percent in April, the largest 1-month increase since the index rose 2.9 percent in March 2022. Prices for U.S. imports last declined on a monthly basis in December 2023. Import prices advanced 1.1 percent over the past 12 months, the largest over-the-year increase since December 2022. (See table 1.) Fuel Imports: Prices for import fuel rose 2.4 percent in April, after advancing 5.4 percent the previous month. Import fuel prices have not decreased on a monthly basis since the index fell 8.0 percent in December 2023. Prices for import fuel increased 3.3 percent for the year ended in April. Import petroleum prices rose 2.9 percent in April following a 10.7-percent advance from December 2023 to March 2024. Prices for import petroleum also increased on a 12-month basis, rising 5.2 percent over the past year. In contrast, the price index for import natural gas fell 9.2 percent in April, after declining 29.7 percent in March and 14.3 percent in February. Prices for natural gas last advanced on a 1-month basis in November 2023. Natural gas prices decreased 42.5 percent from April 2023 to April 2024. All Imports Excluding Fuel: Nonfuel import prices increased 0.7 percent in April following a 0.2-percent advance in March. The April increase was the largest monthly advance since the index rose 1.2 percent in March 2022. Higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; automotive vehicles; capital goods; and consumer goods in April all contributed to the advance in nonfuel prices. Prices for nonfuel imports rose 0.9 percent over the past 12 months, the largest over-the-year advance since December 2022. Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages rose 1.7 percent in April, after a 1.6- percent advance the previous month. The April increase was the largest 1-month rise since July 2023. Higher prices for bakery and confectionary products and fruit in April more than offset lower vegetable prices. Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 3.0 percent in April following a 1.1-percent advance in March. The April rise was the largest monthly increase since March 2022. The April advance was led by higher prices for other agricultural products. Finished Goods: Prices for each of the major finished goods import categories increased in April. Prices for automotive vehicles advanced 0.3 percent following a 0.2-percent increase in March. Consumer goods prices advanced 0.1 percent in April, after declining 0.3 percent the previous month. Higher prices in April for coins, gems, jewelry, and collectibles; and television and video receivers led the rise in consumer goods prices. The price index for capital goods ticked up 0.1 percent in April, after decreasing 0.2 percent 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 |
|
2023 |
||||||
April |
0.3 | 4.6 | -0.1 | -0.1 | 0.4 | -0.1 |
May |
-0.4 | -5.0 | 0.0 | -2.1 | -2.3 | -2.1 |
June |
-0.2 | 1.1 | -0.3 | -0.6 | -1.4 | -0.5 |
July |
0.0 | 1.2 | -0.1 | 0.3 | 0.5 | 0.4 |
August |
0.6 | 8.8 | -0.2 | 1.2 | -1.9 | 1.6 |
September |
0.5 | 6.4 | -0.2 | 0.5 | -1.1 | 0.7 |
October |
-0.6 | -3.9 | -0.2 | -0.9 | -1.0 | -0.9 |
November |
-0.5 | -6.3 | 0.1 | -0.7 | 0.0 | -0.8 |
December |
-0.7 | -8.0 | 0.1 | -0.7 | -0.3 | -0.7 |
2024 |
||||||
January |
0.7 | (r)1.7 | 0.6 | (r)0.7 | (r)-1.4 | (r)0.9 |
February |
(r)0.2 | (r)1.1 | (r)0.1 | 0.7 | (r)0.6 | (r)0.7 |
March |
(r)0.6 | (r)5.4 | (r)0.2 | (r)0.1 | (r)-1.3 | (r)0.3 |
April |
0.9 | 2.4 | 0.7 | 0.5 | -0.9 | 0.7 |
Apr. 2022 to 2023 |
-4.9 | -26.2 | -1.9 | -6.0 | -3.9 | -6.3 |
Apr. 2023 to 2024 |
1.1 | 3.3 | 0.9 | -1.0 | -10.2 | 0.1 |
Footnotes |
Exports U.S. export prices rose 0.5 percent in April following a 0.1-percent advance in March. Export prices have not decreased on a monthly basis since December 2023. Higher nonagricultural prices in April more than offset lower agricultural prices. Despite the recent increases, the price index for U.S. exports declined 1.0 percent over the past year, the smallest over-the-year drop since February 2023. (See table 2.) Agricultural Exports: The price index for agricultural exports fell 0.9 percent in April, after declining 1.3 percent the previous month. Lower prices for other animal feeds, fruits, and vegetables in April more than offset higher prices for meat, soybeans, and corn. Export agricultural prices decreased 10.2 percent from April 2023 to April 2024, the largest 12-month drop since November 2023. All Exports Excluding Agriculture: Prices for nonagricultural exports advanced 0.7 percent in April following a 0.3-percent increase in March. Nonagricultural export prices last recorded a 1-month drop in December 2023. Higher prices for nonagricultural industrial supplies and materials, capital goods, automotive vehicles, and consumer goods in April more than offset lower prices for nonagricultural foods. Prices for nonagricultural exports ticked up 0.1 percent for the year ended in April, the first 12-month advance since January 2023. Nonagricultural Industrial Supplies and Materials: The price index for nonagricultural industrial supplies and materials rose 1.1 percent in April, after increasing 0.5 percent the previous month. Higher prices for nonferrous metals and fuels in April led the advance. Finished Goods: Prices for each of the major finished goods export categories advanced in April. Capital goods prices advanced 0.4 percent following a 0.1-percent rise in March. Higher prices in April for electric apparatus and parts; scientific and medical machinery; and computers, peripherals, and semiconductors drove the overall advance. The price index for automotive vehicles rose 0.8 percent in April, the largest monthly increase since September 2023. Higher parts prices in April led the advance in automotive vehicles prices. Prices for consumer goods ticked up 0.1 percent in April, after increasing 0.4 percent the previous month. 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: Prices for imports from China edged down 0.1 percent in April, after being unchanged in March. The price index for imports from China last advanced on a monthly basis in October 2022. Import prices from China declined 2.2 percent for the year ended in April. The price index for imports from Japan fell 0.1 percent in April following a 0.9-percent decline the previous month. Prices for imports from Japan last increased on a 1-month basis in January 2024. Despite the recent decreases, import prices from Japan rose 0.3 percent over the past year. In contrast, import prices from Canada increased 1.9 percent in April, the largest monthly advance since August 2023. The price index for imports from Canada fell 0.4 percent over the past 12 months. Prices for imports from Mexico and the European Union also increased in April, rising 0.9 percent and 0.4 percent, respectively. (See table 7.) Exports by Locality of Destination: Export prices to China rose 1.2 percent in April, after increasing 0.4 percent in March. The April increase was the largest 1-month advance since February 2023. The price index for exports to China fell 3.2 percent for the year ended in April. Prices for exports to Japan increased 2.1 percent in April, the largest monthly advance since the index rose 5.0 percent in March 2022. Despite the April increase, export prices to Japan decreased 4.3 percent over the past year. The price index for exports to Canada rose 0.5 percent in April following a 0.4-percent advance the previous month. The April increase was the largest 1-month rise since September 2023. Export prices to Canada advanced 0.2 percent from April 2023 to April 2024. Prices for exports to Mexico increased 1.7 percent in April and export prices to the European Union rose 1.2 percent over the same period. (See table 8.) Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure the change in the purchasing power of exports relative to imports. U.S. terms of trade with China advanced 1.3 percent in April following a 0.4-percent increase in March. Both higher export prices to China and lower import prices from China in April contributed to the rise in U.S. terms of trade with China. Despite the recent increases, U.S. terms of trade with China fell 1.0 percent over the past year. The index for U.S. terms of trade with Japan advanced 2.2 percent in April, after declining 1.0 percent the previous month. U.S. terms of trade with Japan decreased 4.6 percent for the year ended in April. U.S. terms of trade with Canada fell 1.3 percent in April, the largest 1-month drop since August 2023. The index for U.S. terms of trade with Mexico advanced 0.7 percent in April and U.S. terms of trade with the European Union increased 0.8 percent over the same period. (See table 9.) Import and Export Services Imports: Import air passenger fares rose 1.2 percent in April, after advancing 0.3 percent in March. The April rise was the largest monthly increase since a 6.9-percent advance in December 2023. Import air passenger fares also advanced on a 12-month basis, increasing 5.9 percent for the year ended in April. Import air freight prices rose 4.8 percent in April following a 1.5-percent increase the previous month. The April advance was driven by an 8.3-percent rise in Asian air freight prices. Despite the recent increases, import air freight prices fell 2.8 percent over the past year. (See table 10.) Exports: The index for export air passenger fares advanced 0.5 percent in April, after increasing 4.0 percent the previous month. Higher Latin American/Caribbean and Asian fares in April more than offset lower European fares. Despite the recent advances, export air passenger fares fell 5.1 percent over the past 12 months. Export air freight prices decreased 2.1 percent in April following a 1.1-percent increase in March. Lower prices for European and Asian air freight in April contributed to the drop. Prices for export air freight declined 7.6 percent from April 2023 to April 2024. U.S. Import and Export Price Index data for May 2024 are scheduled for release on Friday, June 14, 2024, at 8:30 a.m. (ET).
Description | End Use |
Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||||
All commodities |
100.000 | 140.5 | 141.8 | 1.1 | 0.7 | 0.2 | 0.6 | 0.9 | |
All imports excluding food and fuels (Dec. 2010=100) |
84.314 | 108.3 | 109.0 | 0.4 | 0.7 | 0.1 | 0.1 | 0.6 | |
All imports excluding petroleum |
91.878 | 124.1 | 125.0 | 0.7 | 0.6 | 0.1 | 0.1 | 0.7 | |
All imports excluding fuels (Dec. 2001=100) |
91.613 | 128.1 | 129.0 | 0.9 | 0.6 | 0.1 | 0.2 | 0.7 | |
Foods, feeds, & beverages |
0 |
7.299 | 221.7 | 225.4 | 6.8 | 1.4 | 0.2 | 1.6 | 1.7 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
5.971 | 250.3 | 255.8 | 10.3 | 1.7 | -0.4 | 2.0 | 2.2 |
Nonagricultural foods (fish, distilled beverages) |
01 |
1.328 | 152.4 | 151.5 | -6.5 | 0.4 | 3.1 | -0.5 | -0.6 |
Industrial supplies & materials |
1 |
23.054 | 242.6 | 249.2 | 0.6 | 0.5 | 0.0 | 2.7 | 2.7 |
Industrial supplies & materials excluding petroleum |
15.077 | 197.8 | 203.0 | -1.7 | -0.2 | -0.8 | 0.6 | 2.6 | |
Industrial supplies & materials excluding fuels (Dec. 2001=100) |
14.655 | 222.5 | 229.1 | -0.9 | 0.0 | -0.5 | 1.1 | 3.0 | |
Industrial supplies & materials, durable |
9.327 | 215.9 | 219.8 | -2.5 | 0.1 | -0.5 | 1.1 | 1.8 | |
Industrial supplies & materials nondurable excluding petroleum |
5.605 | 176.8 | 184.0 | -0.4 | -0.6 | -1.3 | -0.2 | 4.1 | |
Fuels & lubricants |
10 |
8.387 | 286.6 | 293.5 | 3.3 | 1.7 | 1.1 | 5.4 | 2.4 |
Petroleum & petroleum products |
100 |
8.122 | 311.7 | 320.6 | 5.2 | 2.0 | 1.7 | 6.7 | 2.9 |
Crude petroleum |
10000 |
5.504 | 317.6 | 333.1 | 8.5 | 1.1 | 3.4 | 5.7 | 4.9 |
Fuels, n.e.s.-coals & gas |
101 |
0.265 | 124.3 | 113.1 | -34.8 | -3.6 | -11.0 | -21.3 | -9.0 |
Natural gas |
10110 |
0.167 | 94.5 | 85.8 | -42.5 | -4.8 | -14.3 | -29.7 | -9.2 |
Paper & paper base stocks |
11 |
0.525 | 136.9 | 138.6 | -0.9 | -0.6 | -1.3 | -0.6 | 1.2 |
Materials associated with nondurable supplies & materials |
12 |
4.815 | 195.7 | 206.4 | 2.5 | -0.4 | -0.5 | 1.4 | 5.5 |
Unfinished metals related to durable goods |
14 |
3.390 | 314.3 | 323.3 | -5.4 | 1.1 | -1.7 | 1.2 | 2.9 |
Finished metals related to durable goods |
15 |
2.607 | 219.0 | 223.4 | 2.1 | -1.5 | -0.5 | 2.4 | 2.0 |
Capital goods |
2 |
28.600 | 93.5 | 93.6 | -0.1 | 0.4 | 0.2 | -0.2 | 0.1 |
Nonelectrical machinery |
21 |
22.627 | 84.2 | 84.2 | -0.5 | 0.1 | 0.1 | 0.0 | 0.0 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
1.676 | 160.3 | 160.7 | 5.4 | 1.6 | 1.4 | 1.7 | 0.2 |
Automotive vehicles, parts & engines |
3 |
13.583 | 120.3 | 120.7 | 2.6 | 0.8 | 0.1 | 0.2 | 0.3 |
Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100) |
30 |
13.583 | 101.0 | 101.4 | - | 0.8 | 0.0 | 0.2 | 0.4 |
Consumer goods, excluding automotives |
4 |
27.464 | 110.7 | 110.8 | 0.5 | 1.1 | 0.4 | -0.3 | 0.1 |
Nondurables, manufactured |
40 |
13.788 | 128.0 | 128.0 | 2.1 | 2.0 | 0.2 | 0.0 | 0.0 |
Durables, manufactured |
41 |
12.690 | 94.5 | 94.7 | -0.8 | 0.1 | 0.1 | -0.1 | 0.2 |
Nonmanufactured consumer goods |
42 |
0.985 | 125.0 | 125.5 | -3.0 | -0.2 | 7.3 | -5.9 | 0.4 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | End Use |
Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||||
All commodities |
100.000 | 148.7 | 149.5 | -1.0 | 0.7 | 0.7 | 0.1 | 0.5 | |
Agricultural commodities |
9.370 | 225.7 | 223.7 | -10.2 | -1.4 | 0.6 | -1.3 | -0.9 | |
All exports excluding food and fuels (Dec. 2010=100) |
74.971 | 115.2 | 115.9 | 0.8 | 0.1 | 0.3 | 0.4 | 0.6 | |
All exports excluding fuels (June 2022=100) |
83.499 | 99.5 | 100.0 | -0.2 | -0.1 | 0.4 | 0.2 | 0.5 | |
Nonagricultural commodities |
90.630 | 142.7 | 143.7 | 0.1 | 0.9 | 0.7 | 0.3 | 0.7 | |
Foods, feeds, & beverages |
0 |
8.529 | 226.5 | 225.0 | -10.6 | -1.4 | 0.4 | -1.6 | -0.7 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
8.150 | 228.5 | 227.1 | -10.6 | -1.5 | 0.4 | -1.6 | -0.6 |
Nonagricultural foods (fish, distilled beverages) |
01 |
0.378 | 188.6 | 185.0 | -10.8 | 0.7 | 0.8 | -0.7 | -1.9 |
Industrial supplies & materials |
1 |
38.496 | 200.9 | 203.0 | -1.7 | 1.9 | 1.5 | 0.6 | 1.0 |
Industrial supplies & materials, durable |
10.930 | 213.6 | 217.9 | 0.5 | 0.0 | 0.3 | 1.1 | 2.0 | |
Industrial supplies & materials, nondurable |
27.565 | 193.3 | 194.6 | -2.6 | 2.7 | 2.0 | 0.3 | 0.7 | |
Agricultural industrial supplies & materials |
10 |
1.192 | 215.9 | 209.5 | -7.3 | -1.2 | 1.9 | 0.7 | -3.0 |
Nonagricultural industrial supplies & materials |
37.303 | 200.5 | 202.8 | -1.6 | 2.0 | 1.5 | 0.5 | 1.1 | |
Fuels & lubricants |
11 |
16.501 | 242.7 | 245.3 | -2.8 | 4.6 | 2.2 | -0.2 | 1.1 |
Nonagricultural supplies & materials excluding fuels & building materials |
12 |
20.047 | 195.1 | 197.6 | -0.7 | 0.0 | 0.9 | 1.1 | 1.3 |
Selected building materials |
13 |
0.755 | 150.5 | 152.0 | 2.1 | -1.3 | 0.5 | 0.9 | 1.0 |
Capital goods |
2 |
31.609 | 122.7 | 123.2 | 1.8 | 0.6 | 0.3 | 0.1 | 0.4 |
Nonelectrical machinery |
21 |
22.510 | 102.4 | 102.7 | 1.2 | 0.4 | 0.3 | 0.0 | 0.3 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
5.608 | 218.3 | 218.7 | 5.8 | 2.1 | 0.5 | 0.1 | 0.2 |
Automotive vehicles, parts & engines |
3 |
8.599 | 127.6 | 128.6 | 4.0 | 0.4 | 0.1 | -0.1 | 0.8 |
Vehicles-passenger (Dec. 2023=100) |
30 |
8.599 | 100.4 | 101.1 | - | 0.4 | 0.0 | 0.0 | 0.7 |
Consumer goods, excluding automotives |
4 |
12.768 | 117.8 | 117.9 | -1.3 | -1.1 | -0.2 | 0.4 | 0.1 |
Nondurables, manufactured |
40 |
6.734 | 107.2 | 107.3 | -3.1 | -2.2 | -0.3 | -0.1 | 0.1 |
Durables, manufactured |
41 |
4.880 | 121.5 | 121.7 | 2.1 | 0.3 | 0.0 | 1.3 | 0.2 |
Nonmanufactured consumer goods (Dec. 2018=100) |
42 |
1.153 | 126.8 | 126.3 | -4.0 | 0.0 | 0.0 | -0.2 | -0.4 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||||
Nonmanufacturing |
8.235 | 153.2 | 158.4 | 7.2 | 1.3 | 2.6 | 2.6 | 3.4 | |
Agriculture, forestry, fishing and hunting |
11 |
2.275 | 242.7 | 247.2 | 15.0 | 3.2 | 2.8 | -0.5 | 1.9 |
Crop production |
111 |
1.902 | 255.9 | 261.9 | 17.5 | 4.0 | 2.0 | -0.9 | 2.3 |
Animal production (Dec. 2022=100) |
112 |
0.251 | 122.9 | 121.1 | 10.4 | -2.0 | 10.9 | 2.4 | -1.5 |
Mining |
21 |
5.960 | 144.2 | 149.9 | 4.4 | 0.5 | 2.6 | 3.8 | 4.0 |
Oil and gas extraction |
211 |
5.717 | 142.5 | 148.5 | 6.0 | 0.8 | 2.6 | 3.8 | 4.2 |
Mining (except oil and gas) (Dec. 2022=100) |
212 |
0.244 | 110.4 | 109.5 | -23.0 | -5.3 | 2.6 | 3.4 | -0.8 |
Manufacturing |
91.448 | 122.2 | 122.8 | 0.1 | 0.7 | 0.0 | 0.3 | 0.5 | |
Manufacturing, part 1 |
31 |
11.955 | 139.7 | 142.2 | 2.2 | 0.1 | 0.6 | 0.7 | 1.8 |
Food manufacturing |
311 |
4.353 | 190.7 | 199.9 | 5.6 | 0.1 | 1.5 | 1.9 | 4.8 |
Beverage and tobacco product manufacturing |
312 |
1.175 | 142.2 | 142.3 | 1.9 | -0.2 | 0.1 | 0.5 | 0.1 |
Textile mills (Dec. 2023=100) |
313 |
0.321 | 100.8 | 102.0 | - | 0.1 | 0.4 | 0.3 | 1.2 |
Textile product mills (Dec. 2023=100) |
314 |
0.895 | 100.1 | 100.0 | - | 0.1 | 0.1 | -0.1 | -0.1 |
Apparel manufacturing |
315 |
3.520 | 119.1 | 119.0 | -0.3 | 0.3 | 0.0 | 0.0 | -0.1 |
Manufacturing, part 2 |
32 |
19.068 | 142.6 | 142.5 | -1.2 | 1.5 | -0.4 | 0.8 | -0.1 |
Paper manufacturing |
322 |
0.995 | 120.6 | 121.3 | -1.3 | -0.3 | -1.1 | -0.2 | 0.6 |
Printing and related support activities (Dec. 2023=100) |
323 |
0.147 | 100.1 | 100.0 | - | 0.5 | -0.2 | -0.2 | -0.1 |
Petroleum and coal products manufacturing |
324 |
2.324 | 140.5 | 138.9 | -2.2 | 4.1 | -3.0 | 9.5 | -1.1 |
Chemical manufacturing |
325 |
11.112 | 151.3 | 151.1 | -0.5 | 1.7 | -0.2 | -0.2 | -0.1 |
Plastics and rubber products manufacturing |
326 |
2.542 | 131.2 | 131.5 | -1.5 | -0.2 | 0.8 | -0.3 | 0.2 |
Nonmetallic mineral product manufacturing |
327 |
1.095 | 144.2 | 144.2 | -1.8 | 0.1 | 0.0 | -0.5 | 0.0 |
Manufacturing, part 3 |
33 |
60.425 | 112.7 | 113.1 | 0.1 | 0.4 | 0.0 | 0.2 | 0.4 |
Primary metal manufacturing |
331 |
4.611 | 219.6 | 228.5 | -1.2 | 0.9 | -1.5 | 1.4 | 4.1 |
Fabricated metal product manufacturing |
332 |
3.221 | 146.9 | 144.6 | -3.5 | -1.2 | -0.1 | 1.5 | -1.6 |
Machinery manufacturing |
333 |
8.004 | 132.3 | 132.3 | 0.5 | 0.2 | 0.4 | 0.0 | 0.0 |
Computer and electronic product manufacturing |
334 |
16.496 | 72.1 | 72.2 | -1.1 | 0.0 | 0.0 | -0.1 | 0.1 |
Electrical equipment, appliance, and component manufacturing |
335 |
6.291 | 125.7 | 125.8 | -1.5 | 0.8 | 0.2 | -1.2 | 0.1 |
Transportation equipment manufacturing |
336 |
14.035 | 119.8 | 120.1 | 2.9 | 0.9 | 0.3 | 0.3 | 0.3 |
Furniture and related product manufacturing |
337 |
1.863 | 127.9 | 127.7 | -0.9 | 0.6 | -0.2 | 0.0 | -0.2 |
Miscellaneous manufacturing |
339 |
5.903 | 129.5 | 130.1 | 1.7 | 0.5 | 0.2 | 0.3 | 0.5 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||||
Nonmanufacturing |
14.462 | 172.7 | 172.9 | -6.6 | 3.1 | 1.0 | -2.3 | 0.1 | |
Agriculture, forestry, fishing and hunting |
11 |
4.472 | 183.6 | 182.7 | -15.8 | -2.3 | 1.1 | -2.7 | -0.5 |
Crop production |
111 |
4.164 | 192.5 | 191.7 | -16.9 | -2.6 | 0.9 | -3.0 | -0.4 |
Mining |
21 |
9.990 | 109.8 | 110.2 | -1.6 | 5.8 | 1.0 | -2.1 | 0.4 |
Oil and gas extraction (Dec. 2021=100) |
211 |
8.672 | 97.6 | 98.4 | 1.4 | 6.7 | 1.1 | -2.4 | 0.8 |
Mining (except oil and gas) |
212 |
1.319 | 134.8 | 130.9 | -17.9 | 0.7 | 0.3 | -0.4 | -2.9 |
Manufacturing |
83.884 | 134.5 | 135.3 | 0.1 | 0.2 | 0.5 | 0.6 | 0.6 | |
Manufacturing, part 1 |
31 |
6.384 | 169.8 | 167.5 | -4.7 | -0.8 | -0.2 | 0.1 | -1.4 |
Food manufacturing |
311 |
4.574 | 199.0 | 196.1 | -5.2 | -0.9 | -0.6 | 0.2 | -1.5 |
Beverage and tobacco product manufacturing |
312 |
0.525 | 140.2 | 137.1 | -8.8 | -0.6 | -0.5 | -1.1 | -2.2 |
Manufacturing, part 2 |
32 |
25.832 | 135.5 | 136.6 | -2.4 | -0.1 | 1.6 | 0.9 | 0.8 |
Wood product manufacturing (Dec. 2017=100) |
321 |
0.439 | 122.4 | 124.7 | 6.8 | 1.5 | 0.9 | 1.7 | 1.9 |
Petroleum and coal products manufacturing |
324 |
6.174 | 151.1 | 154.5 | -4.4 | 2.4 | 4.6 | 3.0 | 2.3 |
Chemical manufacturing |
325 |
14.580 | 131.7 | 132.2 | -2.2 | -1.1 | 0.9 | 0.3 | 0.4 |
Plastics and rubber products manufacturing |
326 |
2.242 | 134.7 | 134.6 | 1.3 | 0.5 | 0.4 | -0.6 | -0.1 |
Nonmetallic mineral product manufacturing |
327 |
0.733 | 131.9 | 132.1 | 1.0 | -0.5 | -0.2 | 0.0 | 0.2 |
Manufacturing, part 3 |
33 |
51.668 | 130.5 | 131.4 | 2.0 | 0.4 | 0.2 | 0.4 | 0.7 |
Primary metal manufacturing |
331 |
4.422 | 201.8 | 210.4 | 0.3 | -0.5 | -1.0 | 3.0 | 4.3 |
Machinery manufacturing |
333 |
9.487 | 151.4 | 152.0 | 2.1 | 0.3 | 0.3 | 0.1 | 0.4 |
Computer and electronic product manufacturing |
334 |
12.582 | 83.3 | 83.4 | -0.2 | 0.1 | 0.2 | 0.1 | 0.1 |
Transportation equipment manufacturing |
336 |
13.274 | 148.7 | 149.5 | 5.0 | 1.1 | 0.2 | 0.1 | 0.5 |
Furniture and related product manufacturing (Dec. 2023=100) |
337 |
0.352 | 101.8 | 101.9 | - | 1.8 | 0.0 | 0.0 | 0.1 |
Miscellaneous manufacturing |
339 |
5.059 | 141.6 | 142.5 | 3.2 | 0.9 | 0.2 | 0.6 | 0.6 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative importance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||||
Live animals; animal products |
I |
1.478 | 238.0 | 239.3 | 1.3 | 1.6 | 4.6 | 0.9 | 0.5 |
Meat and edible meat offal |
02 |
0.431 | 343.9 | 353.6 | 12.4 | 1.7 | 2.4 | 3.8 | 2.8 |
Fish and crustaceans, molluscs and other aquatic invertebrates |
03 |
0.697 | 148.0 | 146.0 | -8.5 | 3.2 | 6.4 | -0.7 | -1.4 |
Vegetable products |
II |
2.172 | 261.7 | 265.6 | 5.4 | 3.3 | -2.1 | -1.2 | 1.5 |
Edible vegetables, roots, and tubers |
07 |
0.555 | 554.7 | 542.3 | 18.0 | 9.4 | -14.1 | 9.2 | -2.2 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.777 | 131.1 | 137.3 | 10.3 | 6.1 | -4.9 | -1.7 | 4.7 |
Coffee, tea, mate and spices |
09 |
0.378 | 297.3 | 300.7 | -1.5 | -5.6 | 1.3 | 1.0 | 1.1 |
Animal or vegetable fats and oils (Dec. 2009=100) |
III |
0.453 | 150.0 | 152.3 | 2.7 | -2.4 | 0.5 | 3.0 | 1.5 |
Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100) |
15 |
0.453 | 101.0 | 102.5 | - | -2.4 | 0.5 | 3.0 | 1.5 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.530 | 203.8 | 214.8 | 10.3 | -0.3 | 1.0 | 1.8 | 5.4 |
Sugars and sugar confectionary (Dec. 2021=100) |
17 |
0.246 | 128.4 | 127.8 | 12.4 | 2.6 | 1.1 | 1.7 | -0.5 |
Cocoa and cocoa preparations (Dec. 2009=100) |
18 |
0.378 | 196.0 | 283.7 | 132.9 | 4.4 | 14.1 | 21.4 | 44.7 |
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100) |
19 |
0.492 | 99.8 | 99.8 | - | 0.0 | -0.1 | -0.1 | 0.0 |
Miscellaneous edible preparations (Dec. 2022=100) |
21 |
0.395 | 93.6 | 98.9 | 1.6 | -2.6 | -2.2 | -2.1 | 5.7 |
Beverages, spirits, and vinegar |
22 |
1.113 | 155.1 | 155.2 | 1.2 | -0.4 | 0.1 | 0.5 | 0.1 |
Mineral products |
V |
8.401 | 292.8 | 300.4 | 2.1 | 1.6 | 0.9 | 5.2 | 2.6 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
8.101 | 286.3 | 293.9 | 3.4 | 1.9 | 0.9 | 5.3 | 2.7 |
Products of the chemical or allied industries |
VI |
10.806 | 173.7 | 173.3 | 0.2 | 1.5 | 0.1 | 0.0 | -0.2 |
Organic chemicals |
29 |
2.273 | 138.5 | 137.8 | -5.5 | -3.6 | 0.3 | 0.4 | -0.5 |
Pharmaceutical products |
30 |
5.701 | 155.5 | 155.8 | 5.0 | 4.5 | 0.6 | 0.1 | 0.2 |
Fertilizers (Dec. 2022=100) |
31 |
0.225 | 63.8 | 64.0 | -9.1 | 0.3 | -1.4 | 2.6 | 0.3 |
Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100) |
32 |
0.198 | 100.8 | 100.6 | -0.1 | 0.1 | -0.5 | -0.1 | -0.2 |
Miscellaneous chemical products |
38 |
0.910 | 114.1 | 112.7 | -7.0 | -0.9 | -0.5 | -0.7 | -1.2 |
Plastics and articles thereof; rubber and articles thereof |
VII |
3.748 | 153.5 | 153.9 | -2.8 | 0.1 | 0.2 | -0.2 | 0.3 |
Plastics and articles thereof |
39 |
2.499 | 150.5 | 151.2 | -4.7 | 0.3 | 0.2 | -0.4 | 0.5 |
Rubber and articles thereof |
40 |
1.249 | 162.2 | 162.1 | 0.7 | -0.4 | 0.2 | 0.0 | -0.1 |
Printed matter (Dec. 2023=100) |
49 |
0.168 | 99.8 | 99.8 | - | 0.0 | 0.0 | -0.2 | 0.0 |
Textile and textile articles |
XI |
4.536 | 120.6 | 120.6 | -0.2 | 0.2 | 0.0 | 0.0 | 0.0 |
Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100) |
61 |
1.954 | 100.3 | 100.1 | - | 0.3 | 0.1 | -0.1 | -0.2 |
Articles of apparel and clothing accessories, not knitted or crocheted |
62 |
1.420 | 126.8 | 127.1 | -0.5 | 0.1 | 0.1 | 0.0 | 0.2 |
Made-up or worn textile articles (Dec. 2023=100) |
63 |
0.622 | 99.6 | 99.3 | - | -0.4 | 0.0 | 0.0 | -0.3 |
Headgear, umbrellas, artificial flowers, etc. |
XII |
1.450 | 126.7 | 126.6 | 0.2 | -0.1 | 0.0 | 0.0 | -0.1 |
Footwear and parts of such articles |
64 |
1.186 | 123.7 | 123.7 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.937 | 136.8 | 136.7 | -1.3 | 0.6 | 0.0 | -0.6 | -0.1 |
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100) |
68 |
0.324 | 100.2 | 100.7 | -1.9 | -0.2 | 0.0 | -0.9 | 0.5 |
Glass and glassware (Dec. 2021=100) |
70 |
0.341 | 109.5 | 109.5 | 0.1 | 1.7 | 0.0 | -0.1 | 0.0 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
3.068 | 227.7 | 239.4 | 2.3 | 0.2 | -0.8 | 1.7 | 5.1 |
Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100) |
71 |
3.068 | 101.2 | 106.4 | - | 0.2 | -0.8 | 1.8 | 5.1 |
Base metals and articles of base metals |
XV |
5.839 | 227.8 | 228.5 | -4.0 | 0.0 | -0.6 | 0.8 | 0.3 |
Articles of iron or steel |
73 |
1.730 | 191.0 | 191.7 | -7.6 | -0.3 | -0.4 | -1.0 | 0.4 |
Copper and articles thereof |
74 |
0.509 | 389.1 | 420.4 | 8.1 | 1.6 | -1.0 | 3.0 | 8.0 |
Aluminum and articles thereof |
76 |
1.090 | 191.3 | 187.8 | -2.2 | -2.1 | -1.0 | 5.4 | -1.8 |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof |
82 |
0.415 | 133.1 | 132.9 | 0.6 | 0.6 | 0.5 | -0.4 | -0.2 |
Miscellaneous articles of base metal |
83 |
0.513 | 142.6 | 142.0 | -4.5 | -0.5 | -0.1 | -0.1 | -0.4 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
30.472 | 82.3 | 82.3 | -0.5 | 0.4 | 0.1 | -0.2 | 0.0 |
Machinery and mechanical appliances; parts thereof |
84 |
15.347 | 90.0 | 90.0 | 0.4 | 0.3 | 0.4 | 0.1 | 0.0 |
Electrical machinery and equip, sound and TV recorders & reproducers, parts |
85 |
15.125 | 75.1 | 75.2 | -1.4 | 0.3 | -0.1 | -0.5 | 0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
11.797 | 123.7 | 124.0 | 2.2 | 0.7 | 0.0 | 0.2 | 0.2 |
Motor vehicles and their parts |
87 |
11.035 | 122.8 | 123.2 | 2.4 | 0.7 | 0.1 | 0.1 | 0.3 |
Aircraft, spacecraft, and parts thereof (Dec. 2020=100) |
88 |
0.621 | 107.5 | 107.8 | -0.6 | 0.1 | -0.4 | 0.6 | 0.3 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
4.196 | 110.9 | 111.2 | 3.2 | 1.1 | 0.5 | 0.3 | 0.3 |
Optical, photographic, measuring and medical instruments |
90 |
3.890 | 106.4 | 106.8 | 3.1 | 0.9 | 0.6 | 0.5 | 0.4 |
Miscellaneous manufactured articles |
XX |
4.578 | 120.5 | 120.4 | 0.1 | 0.5 | 0.0 | 0.2 | -0.1 |
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs |
94 |
2.539 | 126.9 | 126.9 | -0.7 | 0.5 | -0.1 | 0.0 | 0.0 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
1.726 | 107.4 | 107.3 | 0.8 | 0.5 | 0.0 | 0.5 | -0.1 |
Miscellaneous manufactured articles |
96 |
0.314 | 152.6 | 152.6 | 3.6 | 2.6 | 0.0 | 0.8 | 0.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||||
Live animals; animal products |
I |
1.949 | 264.2 | 273.0 | 3.4 | 0.2 | 0.2 | 1.8 | 3.3 |
Meat & edible meat offal (Dec. 2006=100) |
02 |
1.262 | 229.4 | 235.5 | 9.4 | 1.5 | -0.1 | 2.6 | 2.7 |
Vegetable products |
II |
4.029 | 236.2 | 234.7 | -18.8 | -2.6 | 0.5 | -3.6 | -0.6 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.866 | 151.9 | 146.5 | 5.8 | -1.6 | 6.4 | -1.2 | -3.6 |
Cereals |
10 |
1.115 | 227.7 | 229.2 | -29.7 | -2.9 | 1.0 | -5.1 | 0.7 |
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder |
12 |
1.612 | 237.7 | 242.9 | -21.4 | -2.3 | -3.8 | -4.8 | 2.2 |
Prepared foodstuffs, beverages, and tobacco |
IV |
2.864 | 180.7 | 174.7 | -7.7 | -1.3 | -1.2 | -1.4 | -3.3 |
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100) |
19 |
0.295 | 100.2 | 100.3 | - | 0.0 | 0.3 | -0.1 | 0.1 |
Miscellaneous edible preparations (Dec. 2017=100) |
21 |
0.590 | 111.7 | 106.3 | -9.3 | -1.2 | -2.4 | -2.9 | -4.8 |
Residues and waste from the food industries; prepared animal feed |
23 |
0.649 | 271.4 | 242.9 | -24.6 | -4.5 | -2.5 | -3.4 | -10.5 |
Mineral products |
V |
16.206 | 291.2 | 294.6 | -2.6 | 4.6 | 2.3 | -0.3 | 1.2 |
Ores, slag and ash (Dec. 2012=100) |
26 |
0.400 | 119.4 | 120.4 | -17.5 | -1.7 | -1.4 | 1.6 | 0.8 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
15.612 | 279.6 | 282.9 | -2.2 | 4.8 | 2.4 | -0.3 | 1.2 |
Products of the chemical or allied industries |
VI |
12.473 | 158.3 | 158.7 | -2.9 | -1.4 | 0.5 | 0.5 | 0.3 |
Pharmaceutical products |
30 |
4.339 | 103.4 | 103.5 | -4.0 | -3.8 | -0.1 | -0.1 | 0.1 |
Essential oils and resinoids; perfumery cosmetic or toilet preparations |
33 |
0.801 | 145.9 | 145.9 | -2.2 | 1.6 | -2.9 | 0.0 | 0.0 |
Miscellaneous chemical products |
38 |
2.301 | 194.1 | 194.5 | 1.4 | -0.3 | 0.8 | 0.5 | 0.2 |
Rubber and articles thereof |
40 |
0.908 | 189.8 | 190.3 | 12.9 | 0.6 | 9.6 | -0.8 | 0.3 |
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100) |
IX |
0.485 | 112.7 | 115.1 | 4.7 | 1.9 | 1.3 | 1.9 | 2.1 |
Wood and articles of wood; wood charcoal (Dec. 2023=100) |
44 |
0.485 | 105.2 | 107.3 | - | 1.8 | 1.4 | 1.9 | 2.0 |
Woodpulp and recovered paper (Dec. 2019=100) |
47 |
0.541 | 163.0 | 163.4 | 4.7 | 1.1 | 0.5 | 1.9 | 0.2 |
Cotton, including yarns and woven fabrics thereof |
52 |
0.699 | 166.9 | 160.9 | -0.3 | -1.9 | 5.0 | 3.5 | -3.6 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.746 | 153.8 | 153.9 | 5.1 | 1.3 | -0.2 | 0.1 | 0.1 |
Glass and glassware (Dec. 2019=100) |
70 |
0.353 | 114.7 | 114.9 | 3.5 | -0.5 | 0.0 | 0.3 | 0.2 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
4.928 | 322.1 | 334.6 | 3.1 | 0.7 | -1.1 | 3.6 | 3.9 |
Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100) |
71 |
4.928 | 103.2 | 107.2 | - | 0.7 | -1.1 | 3.6 | 3.9 |
Base metals and articles of base metals |
XV |
4.425 | 209.0 | 210.9 | -1.7 | -0.2 | 0.7 | -0.4 | 0.9 |
Copper and articles thereof |
74 |
0.546 | 264.0 | 284.0 | 4.7 | 0.7 | 0.8 | 1.5 | 7.6 |
Aluminum and articles thereof |
76 |
0.711 | 147.3 | 148.9 | 0.5 | 0.7 | 0.5 | 0.8 | 1.1 |
Miscellaneous articles of base metal (Dec. 2022=100) |
83 |
0.336 | 105.8 | 105.7 | 4.1 | -0.6 | 1.8 | -0.2 | -0.1 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
26.377 | 108.0 | 108.4 | 1.9 | 0.8 | 0.4 | 0.3 | 0.4 |
Machinery and mechanical appliances; parts thereof |
84 |
15.576 | 132.5 | 133.0 | 2.7 | 1.1 | 0.5 | -0.2 | 0.4 |
Electrical machinery and equipment and parts and accessories thereof |
85 |
10.802 | 82.4 | 82.8 | 0.7 | 0.2 | 0.4 | 0.9 | 0.5 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
9.725 | 154.7 | 155.3 | 3.7 | 0.3 | 0.1 | 0.1 | 0.4 |
Motor vehicles and their parts |
87 |
7.258 | 129.2 | 129.7 | 4.0 | 0.4 | 0.1 | 0.0 | 0.4 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
5.742 | 118.9 | 120.2 | 2.7 | 0.6 | -0.3 | -0.3 | 1.1 |
Optical, photographic, measuring and medical instruments (Dec. 2023=100) |
90 |
5.691 | 100.1 | 101.2 | - | 0.6 | -0.2 | -0.3 | 1.1 |
Miscellaneous manufactured articles |
XX |
1.160 | 135.7 | 135.8 | -0.7 | 0.7 | 0.1 | 0.0 | 0.1 |
Furniture; stuffed furnishings; lamps and lighting fittings nesoi |
94 |
0.576 | 149.9 | 150.2 | 0.2 | 1.4 | 0.0 | 0.1 | 0.2 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
0.448 | 118.6 | 118.6 | 0.6 | 0.1 | 0.1 | -0.2 | 0.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | |||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
||||
Industrialized Countries(2) |
100.000 | 145.7 | 147.2 | 1.3 | 1.0 | 0.6 | 0.5 | 1.0 |
Nonmanufacturing |
10.529 | 245.9 | 253.8 | 2.1 | 1.5 | 3.8 | 3.6 | 3.2 |
Manufacturing |
89.101 | 137.6 | 138.7 | 1.4 | 0.9 | 0.3 | 0.1 | 0.8 |
Canada |
100.000 | 170.0 | 173.3 | -0.4 | 0.6 | 1.1 | 1.2 | 1.9 |
Nonmanufacturing |
31.417 | 240.1 | 248.3 | 1.6 | 1.6 | 3.7 | 3.6 | 3.4 |
Manufacturing |
67.750 | 154.7 | 156.8 | -1.0 | 0.2 | -0.1 | 0.1 | 1.4 |
European Union |
100.000 | 157.9 | 158.6 | 2.1 | 1.1 | 0.3 | 0.1 | 0.4 |
Manufacturing |
99.317 | 153.6 | 154.2 | 2.1 | 1.1 | 0.3 | 0.1 | 0.4 |
France (Dec. 2003=100) |
100.000 | 157.1 | 157.5 | 4.6 | 4.3 | 0.1 | -0.1 | 0.3 |
Germany (Dec. 2003=100) |
100.000 | 124.4 | 124.9 | 0.0 | -0.1 | 0.4 | 0.2 | 0.4 |
United Kingdom (Dec. 2003=100) |
100.000 | 138.2 | 139.3 | 1.8 | 0.3 | 0.7 | 0.3 | 0.8 |
Latin America(3) |
100.000 | 173.9 | 175.8 | 3.6 | 1.0 | 0.5 | 0.8 | 1.1 |
Nonmanufacturing |
13.902 | 344.8 | 351.1 | 10.3 | 1.8 | 2.5 | 0.0 | 1.8 |
Manufacturing |
85.837 | 139.7 | 141.2 | 2.6 | 0.9 | 0.1 | 0.9 | 1.1 |
Mexico (Dec. 2003=100) |
100.000 | 147.7 | 149.0 | 4.5 | 1.3 | 0.4 | 0.7 | 0.9 |
Nonmanufacturing (Dec. 2008=100) |
9.253 | 191.6 | 192.5 | 23.9 | 8.4 | 3.0 | 2.5 | 0.5 |
Manufacturing (Dec. 2008=100) |
90.491 | 100.0 | 100.9 | 2.9 | 0.6 | 0.2 | 0.5 | 0.9 |
Pacific Rim (Dec. 2003=100)(4) |
100.000 | 101.9 | 102.2 | -1.1 | 0.0 | -0.1 | -0.2 | 0.3 |
China (Dec. 2003=100) |
100.000 | 100.5 | 100.4 | -2.2 | -0.4 | -0.1 | 0.0 | -0.1 |
Japan |
100.000 | 101.4 | 101.3 | 0.3 | 1.2 | -0.4 | -0.9 | -0.1 |
Taiwan (Dec. 2018=100) |
100.000 | 108.4 | 108.5 | -1.9 | -0.5 | -0.1 | 0.0 | 0.1 |
Asian NICs(5) |
100.000 | 94.3 | 95.0 | -0.9 | -0.3 | -0.2 | 0.1 | 0.7 |
ASEAN (Dec. 2003=100)(6) |
100.000 | 100.0 | 100.9 | -2.3 | -0.1 | -0.2 | 0.2 | 0.9 |
Asia Near East (Dec. 2003=100)(7) |
100.000 | 215.9 | 227.3 | 3.4 | 0.1 | 1.4 | 2.0 | 5.3 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | |||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
||||
Industrialized Countries(2) |
100.000 | 121.9 | 123.0 | 1.7 | 1.2 | 0.7 | 0.2 | 0.9 |
Nonmanufacturing |
15.154 | 145.2 | 147.3 | 1.9 | 5.0 | 3.5 | -1.9 | 1.4 |
Manufacturing |
83.264 | 119.1 | 120.1 | 1.5 | 0.5 | 0.3 | 0.4 | 0.8 |
Canada |
100.000 | 128.4 | 129.1 | 0.2 | -0.4 | 0.3 | 0.4 | 0.5 |
Nonmanufacturing (Dec. 2020=100) |
7.445 | 137.7 | 137.8 | 1.5 | -2.0 | 1.2 | 0.7 | 0.1 |
Manufacturing (Dec. 2020=100) |
90.759 | 119.7 | 120.4 | -0.1 | -0.3 | 0.3 | 0.3 | 0.6 |
European Union |
100.000 | 122.0 | 123.5 | 4.0 | 1.6 | 1.5 | 1.3 | 1.2 |
Nonmanufacturing |
23.123 | 146.1 | 152.3 | 4.5 | 1.2 | 2.8 | 4.1 | 4.2 |
Manufacturing |
75.357 | 117.2 | 117.6 | 3.2 | 1.8 | 1.2 | 0.4 | 0.3 |
Germany |
100.000 | 123.2 | 124.7 | 6.8 | 3.7 | 0.3 | 0.7 | 1.2 |
Latin America(3) |
100.000 | 123.8 | 125.6 | 0.0 | 1.1 | 1.1 | 0.4 | 1.5 |
Nonmanufacturing |
7.129 | 135.6 | 137.4 | -5.4 | 2.6 | -0.6 | -5.8 | 1.3 |
Manufacturing |
92.311 | 123.0 | 124.8 | 0.4 | 1.0 | 1.2 | 0.9 | 1.5 |
Mexico |
100.000 | 122.8 | 124.9 | -0.2 | 0.7 | 0.7 | 0.3 | 1.7 |
Nonmanufacturing |
5.492 | 104.6 | 107.6 | -12.9 | 1.1 | -4.8 | -9.5 | 2.9 |
Manufacturing |
93.666 | 125.0 | 127.1 | 0.6 | 0.7 | 1.0 | 1.0 | 1.7 |
Pacific Rim(4) |
100.000 | 114.3 | 115.8 | -0.6 | 0.8 | 1.0 | 0.0 | 1.3 |
Nonmanufacturing |
20.387 | 118.7 | 123.0 | -6.7 | 3.1 | 2.4 | -2.1 | 3.6 |
Manufacturing |
78.439 | 114.9 | 115.6 | 1.2 | 0.1 | 0.6 | 0.6 | 0.6 |
China |
100.000 | 107.2 | 108.5 | -3.2 | -1.4 | 0.2 | 0.4 | 1.2 |
Nonmanufacturing |
24.182 | 103.0 | 105.8 | -11.8 | -2.9 | -1.3 | 0.5 | 2.7 |
Manufacturing |
74.334 | 111.0 | 111.8 | 0.3 | -0.9 | 0.6 | 0.4 | 0.7 |
Japan |
100.000 | 109.3 | 111.6 | -4.3 | 0.8 | 1.3 | -1.8 | 2.1 |
Nonmanufacturing |
21.660 | 122.1 | 126.1 | -10.6 | 7.2 | 5.3 | -8.5 | 3.3 |
Manufacturing |
77.154 | 106.2 | 108.1 | -1.5 | -0.9 | 0.2 | 0.2 | 1.8 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Index | Percent change | |||||
---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | ||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
|||
Industrialized Countries(2) |
102.4 | 102.3 | 0.5 | 0.2 | 0.0 | -0.3 | -0.1 |
Canada |
99.2 | 97.9 | 0.6 | -1.0 | -0.8 | -0.8 | -1.3 |
European Union |
104.0 | 104.8 | 1.8 | 0.5 | 1.2 | 1.3 | 0.8 |
Germany |
114.0 | 114.9 | 6.8 | 3.8 | -0.1 | 0.4 | 0.8 |
Latin America(3) |
106.0 | 106.4 | -3.4 | 0.1 | 0.7 | -0.4 | 0.4 |
Mexico |
107.3 | 108.1 | -4.6 | -0.6 | 0.2 | -0.3 | 0.7 |
Pacific Rim(4) |
110.4 | 111.5 | 0.5 | 0.8 | 1.1 | 0.2 | 1.0 |
China |
106.8 | 108.2 | -1.0 | -0.9 | 0.3 | 0.4 | 1.3 |
Japan |
102.9 | 105.2 | -4.6 | -0.4 | 1.7 | -1.0 | 2.2 |
Footnotes |
|||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Mar. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Mar. 2024 |
Apr. 2024 |
Annual | Monthly | |||||
Apr. 2023 to Apr. 2024 |
Dec. 2023 to Jan. 2024 |
Jan. 2024 to Feb. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
||||
Air Freight |
||||||||
Import Air Freight |
100.000 | 222.1 | 232.8 | -2.8 | -15.4 | -3.5 | 1.5 | 4.8 |
Europe (Dec. 2003=100) |
25.845 | 175.2 | 167.8 | -23.7 | -13.4 | 3.4 | 7.0 | -4.2 |
Asia |
73.289 | 222.8 | 241.4 | 6.1 | -17.2 | -5.4 | 0.0 | 8.3 |
Export Air Freight |
100.000 | 176.6 | 172.9 | -7.6 | -3.2 | 2.4 | 1.1 | -2.1 |
Europe (Dec. 2006=100) |
27.373 | 132.1 | 124.1 | -14.4 | -1.3 | 1.6 | 1.0 | -6.1 |
Asia (Dec. 2011=100) |
50.642 | 144.3 | 143.4 | -2.4 | -6.8 | 3.9 | 2.1 | -0.6 |
Inbound Air Freight |
100.000 | 170.5 | 177.2 | 4.2 | -13.0 | -2.1 | 6.2 | 3.9 |
Europe (Dec. 2003=100) |
28.215 | 148.0 | 149.8 | -6.1 | -10.9 | 4.3 | 8.1 | 1.2 |
Asia |
58.507 | 159.1 | 169.4 | 11.2 | -17.0 | -3.2 | 4.9 | 6.5 |
Outbound Air Freight |
100.000 | 168.2 | 168.0 | -8.7 | -4.5 | 2.1 | -1.6 | -0.1 |
Europe (Dec. 2003=100) |
35.619 | 165.6 | 158.0 | -9.6 | -0.6 | 1.0 | 1.0 | -4.6 |
Asia |
43.537 | 179.4 | 185.4 | -8.8 | -9.3 | 4.2 | -4.0 | 3.3 |
Air Passenger Fares |
||||||||
Import Air Passenger Fares |
100.000 | 178.6 | 180.8 | 5.9 | -6.2 | 0.0 | 0.3 | 1.2 |
Europe |
46.915 | 194.7 | 194.0 | 2.5 | 1.2 | 1.3 | -1.5 | -0.4 |
Asia |
12.196 | 169.3 | 167.9 | -3.5 | -18.2 | -2.5 | 7.2 | -0.8 |
Latin America/Caribbean |
10.355 | 156.2 | 142.2 | -15.0 | -20.9 | 6.7 | 7.3 | -9.0 |
Export Air Passenger Fares |
100.000 | 181.2 | 182.1 | -5.1 | 10.8 | -10.1 | 4.0 | 0.5 |
Europe |
36.337 | 213.7 | 208.0 | -1.3 | 7.0 | -4.4 | 4.7 | -2.7 |
Asia |
11.999 | 187.0 | 190.5 | -1.9 | 15.4 | -18.8 | 4.4 | 1.9 |
Latin America/Caribbean |
31.869 | 178.8 | 183.6 | -11.1 | 17.3 | -15.8 | 3.2 | 2.7 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
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. 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.