A to Z Index  |  FAQs  |  About BLS  |  Contact Us    
Economic News Release
PRINT:Print
MXP MXP Program Links

U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                                      USDL-19-0949
8:30 a.m. (EDT) Thursday, June 13, 2019

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 - MAY 2019                                 

Prices for U.S. imports declined 0.3 percent in May, the U.S. Bureau of Labor Statistics reported today, 
following an increase of 0.1 percent the previous month. Lower fuel and nonfuel prices contributed to the 
May decline in import prices. U.S. export prices fell 0.2 percent in May, after advancing 0.1 percent in 
April, 0.8 percent in March, and 0.6 percent in February.  

Imports

U.S. Import prices fell 0.3 percent in May, the first monthly decline since a 1.4-percent drop in December. 
Import prices advanced 1.8 percent from December to April before the downturn in May. The price index 
for overall imports decreased 1.5 percent over the past 12 months, matching the drop in January. These were 
the largest over-the-year declines since the index fell 2.2 percent in August 2016. (See table 1.) 

Fuel Imports: Import fuel prices declined 1.0 percent in May, after rising 25.4 percent over the previous 4 
months. Lower prices for both petroleum and natural gas contributed to the May decline. Petroleum prices 
fell 0.9 percent in May, after a 4.7-percent advance in April. The May decrease was the first monthly 
decline since a 15.3-percent drop in December. Natural gas prices fell 6.8 percent in May following a 51.1-
percent decline the previous month. Overall fuel prices decreased 1.1 percent over the past year. The decline 
was driven by a 1.9-percent drop in petroleum prices which more than offset a 2.5-percent rise in natural gas 
prices. 

All Imports Excluding Fuel: Prices for nonfuel imports fell 0.3 percent in May following a 0.1-percent 
decline in April and a 0.2-percent decrease in March. Lower prices for nonfuel industrial supplies and 
materials; foods, feeds, and beverages; capital goods; and automotive vehicles all contributed to the May 
decrease in nonfuel prices. The price index for nonfuel imports declined 1.4 percent between May 2018 and 
May 2019.   

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices decreased 1.0 
percent in May, after falling 0.1 percent in April. The May decline was led by a 1.9-percent drop in 
unfinished metals prices. Lower prices for building materials and paper also contributed to the overall 
decline. 
	
Finished Goods: Finished goods prices were mostly down in May. The price indexes for capital goods and 
automotive vehicles each edged down 0.1 percent following decreases of 0.4 percent and 0.1 percent, 
respectively, in April. Consumer goods prices recorded no change in May, after declining 0.3 percent the 
previous month.   

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages fell 0.8 percent in May following a 
2.7-percent increase in April. In May, a 10.4-percent drop in vegetable prices more than offset a 7.5-percent 
advance in fruit 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

2018

May

0.9 6.1 0.2 0.7 1.6 0.6

June

0.0 2.6 -0.3 0.2 -1.0 0.3

July

-0.1 0.8 -0.2 -0.5 -5.2 0.1

August

-0.4 -2.1 -0.2 -0.1 0.4 -0.2

September

0.1 0.0 0.0 0.0 -1.3 0.2

October

0.5 3.3 0.1 0.5 -0.1 0.5

November

-1.6 -12.2 -0.2 -0.8 1.7 -1.0

December

-1.4 -13.3 0.0 -0.6 3.8 -1.1

2019

January

0.2 4.6 -0.3 -0.6 -2.1 -0.4

February

1.0 10.2 0.1 (r)0.6 0.2 0.7

March

0.6 6.9 -0.2 (r)0.8 1.0 0.7

April

(r)0.1 (r)1.7 -0.1 (r)0.1 -1.5 (r)0.2

May

-0.3 -1.0 -0.3 -0.2 -1.0 -0.2

May 2017 to 2018

4.5 30.1 1.8 5.0 4.8 4.9

May 2018 to 2019

-1.5 -1.1 -1.4 -0.7 -5.3 -0.2

Footnotes
(r) Revised

Exports 

Prices for U.S. exports declined 0.2 percent in May, the first monthly drop since the index fell 0.6 percent in 
January. Lower prices for both agricultural and nonagricultural exports contributed to the May decline. 
Export prices decreased 0.7 percent over the past 12 months, the largest over-the-year decline since the 
index fell 1.1 percent in October 2016. (See table 2.)

Agricultural Exports: The price index for agricultural exports declined 1.0 percent in May, after 
decreasing 1.5 percent the previous month. In May, lower prices for soybeans, wheat, and fruit more than 
offset higher prices for meat and vegetables. Agricultural export prices fell 5.3 percent over the past year, 
the largest 12-month drop since the index declined 9.1 percent in April 2016. A 20.6-percent decrease in 
soybeans prices for the year ended in May led the overall decline in agricultural prices. The drop in 
soybeans prices more than offset higher vegetable prices over the past 12 months.   

All Exports Excluding Agriculture: Nonagricultural export prices decreased 0.2 percent in May following 
a 0.2-percent increase the previous month. In May, falling prices for nonagricultural industrial supplies and 
materials; consumer goods; nonagricultural foods; and automotive vehicles more than offset rising prices for 
capital goods. The price index for nonagricultural exports also declined 0.2 percent for the year ended in 
May. Lower prices for nonagricultural industrial supplies and materials drove the overall decrease. In 
contrast, prices for each of the major finished goods categories rose over the past 12 months.

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials decreased 0.4 percent in May, after rising 0.7 percent in April. Decreasing prices for fuel and 
nonferrous metals more than offset advancing chemicals prices.  

Finished Goods: Finished goods prices were mixed in May. Prices for capital goods ticked up 0.1 percent 
for the second consecutive month. A 0.7-percent advance in transportation equipment prices led the May 
increase in capital goods prices. In contrast, consumer goods prices decreased 0.2 percent in May and prices 
for automotive vehicles edged down 0.1 percent.

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: The price index for imports from China edged down 0.1 percent in May 
following a 0.2-percent drop the previous month. Import prices from China have not recorded a monthly 
advance since the index rose 0.1 percent in May 2018. Prices for imports from China declined 1.4 percent 
over the past year, the largest 12-month drop since a 1.6-percent decrease in February 2017. Import prices 
from Japan recorded no change in May, after a 0.1-percent decline in April. Prices for imports from Japan 
also recorded no change from May 2018 to May 2019. The price index for imports from Canada declined 
1.0 percent in May, driven by lower fuel prices. The May drop followed a 2.1-percent increase in April. In 
contrast, import prices from Mexico and the European Union advanced 0.4 percent and 0.2 percent, 
respectively. (See table 7.)

Exports by Locality of Destination: Export prices to China fell 1.4 percent in May, after increasing 1.9 
percent over the previous 3 months. The May decrease was led by a 4.6-percent drop in nonmanufacturing 
prices, though lower manufacturing prices also contributed to the overall decline. Prices for exports to China 
decreased 4.3 percent over the past 12 months. The price index for exports to Japan also fell in May, 
declining 0.9 percent. The decrease followed a 0.7-percent advance in April. Export prices to Japan fell 2.0 
percent over the past year. In May, prices for exports to Canada decreased 0.3 percent, after declining 0.7 
percent in April. Export prices to Mexico and the European Union each edged down 0.1 percent in May. 
Prices for exports to Mexico fell 0.4 percent in April and the price index for exports to the European Union 
rose 0.6 percent. (See table 8.)

Terms of Trade Indexes: Terms of Trade indexes are based on country, region, or grouping and measure 
the change in the purchasing power of exports relative to imports. U.S. terms of trade with China fell 1.3 
percent in May following 0.7-percent increases in each of the previous 2 months. The decline in May 
resulted from export prices to China falling more than import prices from China. The index for U.S. terms 
of trade with China decreased 2.9 percent over the past year. U.S. terms of trade with Japan declined 0.9 
percent in May, after rising 0.8 percent in April. The index for U.S. terms of trade with Japan fell 1.9 
percent for the year ended in May. U.S. terms of trade with Mexico and the European Union also decreased 
in May, declining 0.5 percent and 0.3 percent, respectively. In contrast, terms of trade between the United 
States and Canada rose 0.7 percent in May, after falling 2.7 percent the previous month. (See table 9.)

Import and Export Services

Imports: Import air passenger fares increased 6.9 percent in May following a 7.2-percent decline in April 
and a 5.7-percent decrease in March. The May advance was driven by an 8.0-percent rise in European fares 
and a 9.9-percent increase in Asian fares. The index for import air passenger fares fell 1.9 percent for the 
year ended in May. Prices for import air freight rose 0.8 percent in May, after increasing 1.7 percent in 
April. Despite the recent advances, import air freight prices declined 7.9 percent over the past year, the 
largest 12-month drop since the index fell 9.5 percent in July 2016. (See table 10.)

Exports: Export air passenger fares advanced 0.7 percent in May following a 1.4-percent decline in April. 
The May increase was led by a 5.6-percent rise in Asian fares. Despite the advance in May, export air 
passenger fares fell 2.1 percent over the past year and have not recorded a 12-month advance since the index 
rose 2.4 percent in September. The price index for export air freight rose 0.3 percent in May and 1.3 percent 
over the past 12 months.   
		
Import and Export Price Index data for June are scheduled for release on Tuesday, July 16, 2019 at 8:30 a.m. 
(EDT).


Table 1. U.S. import price indexes and percent changes for selected categories of goods: May 2018 to May 2019 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

All commodities

  100.000 126.7 126.3 -1.5 1.0 0.6 0.1 -0.3

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

  82.895 99.5 99.3 -1.5 0.1 -0.1 -0.3 -0.2

All imports excluding petroleum

  89.375 112.6 112.3 -1.4 0.2 0.0 -0.5 -0.3

All imports excluding fuels (Dec. 2001=100)

  89.006 116.8 116.5 -1.4 0.1 -0.2 -0.1 -0.3

Foods, feeds, & beverages

0

6.111 184.0 182.5 -0.2 0.0 -0.2 2.7 -0.8

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.773 202.3 200.5 0.0 0.0 -0.7 3.4 -0.9

Nonagricultural foods (fish, distilled beverages)

01

1.337 142.5 141.9 -0.7 0.0 1.4 0.1 -0.4

Industrial supplies & materials

1

24.958 194.5 192.6 -2.9 4.2 2.9 0.7 -1.0

Industrial supplies & materials excluding petroleum

  14.496 154.7 153.0 -4.1 0.8 1.0 -2.8 -1.1

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

  13.965 176.9 175.2 -4.1 0.3 0.0 -0.1 -1.0

Industrial supplies & materials, durable

  8.773 167.6 165.5 -5.3 0.6 0.4 -0.1 -1.3

Industrial supplies & materials nondurable excluding petroleum

  5.560 139.0 137.8 -1.8 1.0 1.7 -6.3 -0.9

Fuels & lubricants

10

10.994 224.5 222.2 -1.1 10.2 6.9 1.7 -1.0

Petroleum & petroleum products

100

10.625 246.0 243.8 -1.9 10.2 6.2 4.7 -0.9

Crude

10000

7.818 259.2 252.3 -4.8 14.3 6.8 5.5 -2.7

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

101

0.369 85.3 81.0 -4.9 10.7 19.7 -44.1 -5.0

Gas-natural

10110

0.276 69.2 64.5 2.5 12.9 23.7 -51.1 -6.8

Paper & paper base stocks

11

0.585 124.0 120.8 3.4 0.2 -0.3 -0.6 -2.6

Materials associated with nondurable supplies & materials

12

4.606 159.5 159.2 -2.6 -0.2 -0.7 -0.1 -0.2

Selected building materials

13

1.478 143.0 140.6 -13.3 1.2 -0.1 -1.4 -1.7

Unfinished metals related to durable goods

14

3.803 236.6 232.1 -4.9 1.2 1.2 0.6 -1.9

Finished metals related to durable goods

15

1.757 158.1 157.4 -4.4 -0.4 -0.2 -0.4 -0.4

Nonmetals related to durable goods

16

1.734 113.2 112.9 0.6 -0.3 0.1 -0.4 -0.3

Capital goods

2

27.599 88.5 88.4 -1.3 0.0 -0.2 -0.4 -0.1

Electric generating equipment

20

3.368 118.4 118.4 0.2 -0.1 0.2 0.2 0.0

Nonelectrical machinery

21

21.968 80.7 80.6 -1.8 -0.1 -0.2 -0.6 -0.1

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

22

2.263 135.9 135.8 0.6 0.1 -0.1 0.1 -0.1

Automotive vehicles, parts & engines

3

15.549 109.9 109.8 -0.6 -0.1 -0.1 -0.1 -0.1

Consumer goods, excluding automotives

4

25.784 106.8 106.8 -0.7 0.3 -0.3 -0.3 0.0

Nondurables, manufactured

40

12.271 123.1 123.2 0.3 0.3 -0.2 -0.2 0.1

Durables, manufactured

41

12.267 91.6 91.4 -1.8 0.0 -0.1 -0.3 -0.2

Nonmanufactured consumer goods

42

1.246 116.5 116.5 -0.8 2.6 -2.6 -0.4 0.0

Footnotes
(1) Relative importance figures are based on 2017 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: May 2018 to May 2019 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

All commodities

  100.000 127.2 126.9 -0.7 0.6 0.8 0.1 -0.2

Agricultural commodities

  9.480 178.0 176.2 -5.3 0.2 1.0 -1.5 -1.0

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

  80.027 101.8 101.7 -0.1 0.3 0.1 0.1 -0.1

Nonagricultural commodities

  90.520 123.3 123.1 -0.2 0.7 0.7 0.2 -0.2

Foods, feeds, & beverages

0

8.780 180.7 178.7 -4.4 0.1 1.3 -1.8 -1.1

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.163 178.7 176.9 -4.6 0.0 1.2 -1.8 -1.0

Nonagricultural foods (fish, distilled beverages)

01

0.616 218.1 212.9 -1.0 1.7 1.1 -2.1 -2.4

Industrial supplies & materials

1

32.867 159.9 159.1 -2.3 1.6 1.9 0.7 -0.5

Industrial supplies & materials, durable

  10.296 166.8 165.5 -1.6 0.9 0.7 0.5 -0.8

Industrial supplies & materials, nondurable

  22.571 156.9 156.4 -2.6 1.9 2.5 0.8 -0.3

Agricultural industrial supplies & materials

10

1.288 179.1 177.1 -9.8 0.9 -0.5 0.4 -1.1

Nonagricultural industrial supplies & materials

  31.580 159.3 158.6 -2.0 1.6 2.0 0.7 -0.4

Fuels & lubricants

11

11.193 195.5 194.2 -2.8 4.3 5.5 1.7 -0.7

Nonagricultural supplies & materials excluding fuels & building materials

12

19.389 158.8 158.4 -1.8 0.3 0.3 0.1 -0.3

Selected building materials

13

0.997 123.2 122.7 -1.4 0.4 -0.5 1.1 -0.4

Capital goods

2

35.799 110.8 110.9 1.1 0.2 0.0 0.1 0.1

Electrical generating equipment

20

3.743 118.0 118.0 0.9 0.3 0.1 0.3 0.0

Nonelectrical machinery

21

23.407 94.8 94.7 -0.1 0.0 -0.1 -0.2 -0.1

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

22

8.650 182.2 183.5 4.1 0.7 0.3 0.7 0.7

Automotive vehicles, parts & engines

3

10.142 114.9 114.8 0.4 0.5 0.0 0.2 -0.1

Consumer goods, excluding automotives

4

12.412 110.3 110.1 0.2 0.4 0.0 0.3 -0.2

Nondurables, manufactured

40

5.880 107.8 107.7 0.7 0.6 0.0 0.6 -0.1

Durables, manufactured

41

5.100 107.1 107.0 -0.4 0.2 0.1 0.0 -0.1

Nonmanufactured consumer goods (Dec. 2018=100)

42

1.432 99.6 99.3 - 0.0 -0.4 0.0 -0.3

Footnotes
(1) Relative importance figures are based on 2017 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected industries: May 2018 to May 2019 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Nonmanufacturing

  10.484 123.1 119.9 -0.5 10.9 5.4 3.6 -2.6

Agriculture, forestry, fishing and hunting

11

2.027 191.4 186.9 0.5 1.3 -2.4 6.6 -2.4

Crop production

111

1.643 205.7 202.5 1.6 1.6 -4.1 8.3 -1.6

Mining

21

8.457 116.2 113.1 -0.8 13.6 7.4 2.9 -2.7

Oil and gas extraction

211

8.210 116.2 113.0 -1.2 14.1 7.4 3.0 -2.8

Manufacturing

  89.202 111.4 111.3 -1.2 0.1 0.1 -0.2 -0.1

Manufacturing, part 1

31

11.102 125.3 125.2 -0.2 0.0 0.1 0.2 -0.1

Food manufacturing

311

3.384 156.6 156.2 -1.6 0.2 0.6 0.5 -0.3

Beverage and tobacco product manufacturing

312

1.110 122.5 122.3 0.7 0.2 0.0 0.2 -0.2

Textile mills (Dec. 2011=100)

313

0.365 100.5 99.8 -0.3 0.0 -0.3 0.6 -0.7

Textile product mills

314

0.922 108.7 109.4 -0.3 -0.2 -0.2 -0.1 0.6

Apparel manufacturing

315

3.704 112.0 112.1 0.6 -0.2 0.0 -0.1 0.1

Leather and allied product manufacturing

316

1.616 123.1 123.1 -0.2 -0.2 -0.3 -0.3 0.0

Manufacturing, part 2

32

17.426 126.5 127.0 -0.7 0.6 0.3 0.0 0.4

Paper manufacturing

322

1.060 115.8 113.4 3.4 0.2 -0.3 -0.3 -2.1

Petroleum and coal products manufacturing

324

2.564 101.3 105.6 7.1 1.0 4.7 2.4 4.2

Chemical manufacturing

325

9.506 139.4 139.5 -1.1 0.5 -0.4 -0.3 0.1

Plastics and rubber products manufacturing

326

2.247 119.2 119.2 -0.4 -0.1 0.0 -0.2 0.0

Nonmetallic mineral product manufacturing

327

1.027 131.3 131.1 0.5 0.2 0.0 0.2 -0.2

Manufacturing, part 3

33

60.675 103.9 103.6 -1.5 0.1 -0.1 -0.3 -0.3

Primary metal manufacturing

331

4.400 158.1 155.5 -4.1 1.3 0.6 0.7 -1.6

Fabricated metal product manufacturing

332

3.085 126.6 126.4 -1.6 -0.2 0.2 0.0 -0.2

Machinery manufacturing

333

7.218 118.6 118.6 -0.3 -0.1 0.0 -0.2 0.0

Computer and electronic product manufacturing

334

17.182 73.1 72.9 -3.2 -0.1 -0.3 -0.9 -0.3

Electrical equipment, appliance, and component manufacturing

335

5.080 116.8 116.8 0.6 0.1 0.1 0.1 0.0

Transportation equipment manufacturing

336

16.513 109.1 109.0 -0.5 -0.1 -0.1 -0.1 -0.1

Furniture and related product manufacturing

337

1.863 117.5 117.5 0.5 -0.1 0.0 0.0 0.0

Miscellaneous manufacturing

339

5.333 118.4 118.0 -0.8 0.2 -0.5 -0.1 -0.3

Footnotes
(1) Relative importance figures are based on 2017 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected industries: May 2018 to May 2019 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Nonmanufacturing

  9.289 137.4 134.2 -6.0 1.6 2.6 -1.4 -2.3

Agriculture, forestry, fishing and hunting

11

4.760 151.1 147.4 -10.4 0.6 1.2 -2.5 -2.4

Crop production

111

4.413 157.8 153.9 -10.1 0.4 1.0 -2.5 -2.5

Mining

21

4.529 91.5 89.5 0.4 2.8 4.1 -0.3 -2.2

Mining (except oil and gas)

212

1.351 119.4 119.9 4.4 0.8 0.1 0.1 0.4

Manufacturing

  89.466 117.4 117.4 0.2 0.6 0.4 0.3 0.0

Manufacturing, part 1

31

6.711 140.5 140.6 -0.6 0.1 0.3 -0.1 0.1

Food manufacturing

311

4.557 157.5 158.2 -0.5 0.0 0.6 -0.2 0.4

Beverage and tobacco product manufacturing

312

0.657 123.9 121.9 -3.9 0.2 -1.4 0.0 -1.6

Manufacturing, part 2

32

25.502 117.5 117.7 -0.9 1.5 1.6 0.9 0.2

Wood product manufacturing (Dec. 2017=100)

321

0.534 100.9 100.2 -4.0 0.7 -2.3 0.1 -0.7

Paper manufacturing

322

1.707 127.7 127.2 -2.7 0.3 -0.6 -1.5 -0.4

Petroleum and coal products manufacturing

324

6.557 116.6 117.3 -3.3 5.5 6.8 3.4 0.6

Chemical manufacturing

325

13.382 119.7 119.9 0.2 0.3 0.0 0.3 0.2

Plastics and rubber products manufacturing

326

2.257 116.7 116.8 1.5 0.5 -0.2 0.3 0.1

Nonmetallic mineral product manufacturing

327

0.841 118.1 118.1 0.9 -0.1 1.0 0.3 0.0

Manufacturing, part 3

33

57.253 115.1 115.0 0.8 0.3 0.0 0.2 -0.1

Primary metal manufacturing

331

4.025 147.7 145.4 -1.3 1.2 0.2 0.5 -1.6

Fabricated metal product manufacturing

332

2.941 146.6 146.6 4.5 0.0 0.6 0.3 0.0

Machinery manufacturing

333

9.466 129.7 129.7 2.0 0.7 -0.1 0.2 0.0

Computer and electronic product manufacturing

334

13.755 82.3 82.1 -1.6 -0.1 -0.1 -0.5 -0.2

Electrical equipment, appliance, and component manufacturing

335

3.784 118.2 118.1 0.6 0.0 0.1 0.1 -0.1

Transportation equipment manufacturing

336

17.578 129.1 129.5 2.0 0.4 0.2 0.4 0.3

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

337

0.393 122.5 122.6 3.3 0.1 0.4 1.0 0.1

Miscellaneous manufacturing

339

5.311 120.0 119.7 -0.3 0.2 -0.2 0.0 -0.3

Footnotes
(1) Relative importance figures are based on 2017 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: May 2018 to May 2019 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Live animals; animal products

I

1.412 200.0 197.7 0.0 0.8 2.5 1.0 -1.2

Meat and edible meat offal

02

0.384 268.4 267.8 6.4 1.9 2.3 3.8 -0.2

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.741 142.4 140.6 -2.4 -0.1 3.2 -0.3 -1.3

Vegetable products

II

1.986 226.2 223.6 2.6 1.7 -3.5 7.8 -1.1

Edible vegetables, roots, and tubers

07

0.541 586.1 512.2 20.6 2.8 0.2 12.7 -12.6

Edible fruit and nuts; peel of citrus fruit or melons

08

0.694 128.9 138.4 5.1 -2.0 -5.8 14.1 7.4

Coffee, tea, mate and spices

09

0.318 199.8 194.8 -10.3 -1.5 -0.8 -0.1 -2.5

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

III

0.232 88.1 85.2 -18.8 -0.8 -0.9 -2.7 -3.3

Prepared foodstuffs, beverages, and tobacco

IV

2.814 165.4 165.1 -1.6 -0.1 0.0 0.0 -0.2

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.222 97.4 97.0 -6.5 0.1 0.9 0.6 -0.4

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

20

0.358 169.4 169.8 -0.2 -0.2 -0.6 -1.6 0.2

Beverages, spirits, and vinegar

22

1.065 132.6 132.4 0.5 0.2 0.0 0.2 -0.2

Mineral products

V

10.975 224.4 222.1 -1.0 10.1 7.0 1.4 -1.0

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

27

10.670 221.9 219.6 -1.2 10.4 7.0 1.5 -1.0

Products of the chemical or allied industries

VI

8.857 156.9 156.9 -1.1 0.8 -0.5 -0.3 0.0

Inorganic chemicals

28

0.542 311.3 308.1 -1.2 2.9 -3.3 -3.0 -1.0

Organic chemicals

29

2.019 127.8 127.9 -4.3 -0.1 -0.5 0.6 0.1

Pharmaceutical products

30

4.303 152.6 152.7 0.1 1.3 -0.1 -0.2 0.1

Fertilizers (Dec. 2009=100)

31

0.280 85.5 86.7 6.1 -0.4 -2.0 -3.8 1.4

Essential oils and resinoids (Dec. 2016=100)

33

0.592 102.8 102.4 -1.1 -0.1 0.2 -0.1 -0.4

Miscellaneous chemical products

38

0.580 103.5 103.4 -3.5 -0.6 -1.6 -0.3 -0.1

Plastics and articles thereof; rubber and articles thereof

VII

3.453 140.5 140.7 -0.1 -0.4 0.1 -0.1 0.1

Plastics and articles thereof

39

2.315 143.6 143.6 0.2 -0.5 -0.1 -0.2 0.0

Rubber and articles thereof

40

1.139 136.4 137.0 -0.9 -0.2 0.5 0.2 0.4

Raw hides, skins, leather, furskins, travel goods, etc

VIII

0.615 124.7 124.7 -1.0 -0.2 0.0 -0.5 0.0

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

42

0.587 131.1 131.1 -0.3 -0.2 0.0 -0.5 0.0

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

IX

0.842 145.2 141.1 -21.4 1.7 -0.5 -2.7 -2.8

Woodpulp, recovered paper, and paper products

X

1.110 122.0 120.3 3.7 0.2 -0.6 -0.2 -1.4

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

48

0.732 111.7 111.4 4.0 0.4 0.0 -0.4 -0.3

Textile and textile articles

XI

4.840 114.4 114.4 0.1 -0.1 -0.2 0.0 0.0

Articles of apparel and clothing accessories, knitted or crocheted

61

1.954 104.7 104.7 0.7 -0.3 -0.1 0.0 0.0

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.618 120.2 120.4 0.8 0.0 0.0 -0.2 0.2

Made-up or worn textile articles

63

0.643 103.7 103.7 -0.5 0.1 -0.2 0.0 0.0

Headgear, umbrellas, artificial flowers, etc.

XII

1.345 122.1 122.2 0.2 -0.1 -0.5 -0.2 0.1

Footwear and parts of such articles

64

1.117 121.1 121.1 0.2 -0.2 -0.5 -0.2 0.0

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

XIII

0.942 132.2 132.0 -0.2 0.4 0.1 0.2 -0.2

Ceramic products

69

0.265 136.2 136.2 0.7 0.0 0.0 0.2 0.0

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

XIV

2.694 177.9 176.4 1.5 0.7 0.5 -0.6 -0.8

Base metals and articles of base metals

XV

5.900 178.5 176.5 -4.6 0.4 0.3 0.5 -1.1

Iron and steel

72

1.365 222.6 219.2 -5.3 -1.4 0.1 1.5 -1.5

Articles of iron or steel

73

1.716 150.7 150.1 -1.9 -0.1 0.1 -0.1 -0.4

Copper and articles thereof

74

0.461 292.9 287.8 -9.8 4.1 2.0 -0.6 -1.7

Aluminum and articles thereof

76

1.017 134.5 132.3 -8.1 0.4 0.2 0.7 -1.6

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

82

0.439 123.8 123.7 0.5 0.0 -0.1 0.0 -0.1

Miscellaneous articles of base metal

83

0.513 136.2 136.2 -1.0 -0.2 -0.1 -0.7 0.0

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

XVI

29.732 79.3 79.2 -1.9 -0.1 -0.1 -0.6 -0.1

Machinery and mechanical appliances; parts thereof

84

14.789 85.6 85.5 -1.7 -0.1 -0.3 -0.7 -0.1

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

85

14.944 73.4 73.4 -1.9 -0.1 0.0 -0.5 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.801 113.6 113.5 -0.7 -0.1 0.0 -0.2 -0.1

Motor vehicles and their parts

87

12.627 112.6 112.6 -0.6 0.0 -0.1 -0.2 0.0

Aircraft, spacecraft, and parts thereof (Dec. 2002=100)

88

1.066 114.6 114.5 -0.9 -0.1 -0.2 0.0 -0.1

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

XVIII

3.955 101.8 101.5 -1.5 0.3 -0.2 -0.2 -0.3

Optical, photographic, measuring and medical instruments

90

3.688 98.4 98.1 -1.4 0.3 -0.1 -0.2 -0.3

Clocks and watches and parts thereof

91

0.206 141.5 140.4 -2.4 0.1 -0.6 0.1 -0.8

Miscellaneous manufactured articles

XX

4.418 112.4 112.5 0.4 -0.1 -0.1 -0.2 0.1

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

94

2.778 118.6 118.7 0.7 -0.1 0.0 -0.1 0.1

Toys, games and sports equipment; parts and accessories thereof

95

1.371 102.3 102.1 -0.5 -0.1 0.0 -0.3 -0.2

Miscellaneous manufactured articles

96

0.269 128.8 128.8 0.2 0.1 -0.1 -0.6 0.0

Footnotes
(1) Relative importance figures are based on 2017 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: May 2018 to May 2019 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Live animals; animal products

I

1.922 211.2 216.0 3.3 0.5 1.4 -0.5 2.3

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

02

1.121 163.4 170.0 2.3 0.1 0.7 0.5 4.0

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

03

0.405 120.6 117.2 -0.8 1.1 1.7 -2.6 -2.8

Vegetable products

II

4.402 193.1 188.9 -8.5 -0.1 2.0 -3.7 -2.2

Edible fruit and nuts; peel of citrus fruit or melons

08

0.935 134.4 132.3 -5.2 -0.1 -1.8 -3.2 -1.6

Cereals

10

1.302 188.7 183.8 -11.8 - -2.8 -1.9 -2.6

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

12

1.651 188.7 179.2 -17.4 - -1.0 -0.3 -5.0

Prepared foodstuffs, beverages, and tobacco

IV

2.984 153.5 151.6 -1.8 0.1 0.1 0.1 -1.2

Miscellaneous edible preparations (Dec. 2017=100)

21

0.558 97.5 97.6 0.4 0.9 1.8 -0.3 0.1

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

22

0.525 106.5 106.7 -3.5 0.8 0.5 0.3 0.2

Residues and waste from the food industries; prepared animal feed

23

0.715 222.4 210.1 -9.9 -0.1 -1.7 0.4 -5.5

Mineral products

V

11.306 235.8 234.4 -2.5 4.4 5.6 1.9 -0.6

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

26

0.421 102.2 102.8 -6.5 2.6 2.5 1.3 0.6

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

27

10.689 227.2 225.7 -2.3 4.6 5.8 2.0 -0.7

Products of the chemical or allied industries

VI

10.912 139.8 139.6 0.2 0.4 -0.2 0.4 -0.1

Inorganic chemicals

28

0.733 149.2 149.3 -10.5 3.9 -0.8 0.1 0.1

Organic chemicals

29

2.640 147.0 146.0 0.8 -0.7 -0.5 -0.3 -0.7

Pharmaceutical products

30

3.017 106.7 106.7 -0.8 0.8 -0.1 1.1 0.0

Tanning or dyeing extracts, dyes, paints varnish, putty, & inks (Dec. 2015=100)

32

0.540 103.9 105.1 2.3 0.8 -1.0 2.4 1.2

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.853 132.6 132.0 1.1 1.5 -0.1 -0.5 -0.5

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

34

0.486 124.3 124.7 4.4 -0.1 0.4 0.8 0.3

Miscellaneous chemical products

38

1.978 158.1 158.3 3.7 0.4 0.3 0.7 0.1

Plastics and articles thereof; rubber and articles thereof

VII

5.187 144.4 144.6 0.1 0.0 0.4 0.1 0.1

Plastics and articles thereof

39

4.315 141.5 141.7 0.6 -0.1 0.7 0.1 0.1

Rubber and articles thereof

40

0.872 154.6 154.6 -2.8 0.6 -1.0 -0.1 0.0

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

IX

0.642 99.6 99.0 -7.3 0.5 -0.7 0.2 -0.6

Woodpulp, recovered paper, and paper products

X

1.905 126.5 125.6 -5.4 -0.9 -1.0 -1.4 -0.7

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

48

1.077 126.1 125.7 -2.7 0.0 -0.2 -1.5 -0.3

Textile and textile articles

XI

1.757 124.3 123.6 -2.6 0.5 -0.2 0.8 -0.6

Cotton, including yarns and woven fabrics thereof

52

0.522 129.2 127.0 -12.7 1.8 0.0 2.3 -1.7

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

XIII

0.815 127.9 127.9 3.0 0.0 1.2 0.4 0.0

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

XIV

4.162 243.9 241.4 1.3 1.3 0.0 0.1 -1.0

Base metals and articles of base metals

XV

4.772 162.6 160.4 -2.3 0.4 1.0 0.7 -1.4

Copper and articles thereof

74

0.511 192.4 189.0 -4.2 3.9 3.5 0.6 -1.8

Aluminum and articles thereof

76

0.729 108.8 106.4 -14.1 -2.8 1.4 2.3 -2.2

Miscellaneous articles of base metal

83

0.332 154.0 153.0 0.4 0.0 1.4 -0.7 -0.6

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

XVI

27.898 98.1 98.1 0.6 0.3 0.0 0.0 0.0

Machinery and mechanical appliances; parts thereof

84

16.219 116.4 116.6 1.4 0.3 0.0 0.0 0.2

Electrical machinery and equipment and parts and accessories thereof

85

11.679 78.4 78.3 -0.4 0.1 0.0 0.0 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.632 137.1 137.2 1.5 0.3 0.1 0.4 0.1

Motor vehicles and their parts

87

8.277 116.8 116.7 0.3 0.1 0.0 0.3 -0.1

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

XVIII

5.783 108.9 108.9 -0.5 0.4 -0.1 -0.1 0.0

Miscellaneous manufactured articles

XX

1.364 113.0 113.0 0.8 0.4 0.1 0.0 0.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.761 131.1 131.2 2.1 0.2 0.3 0.4 0.1

Toys, games and sports equipment; parts and accessories thereof

95

0.451 88.3 88.3 0.9 1.0 0.1 -0.2 0.0

Footnotes
(1) Relative importance figures are based on 2017 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: May 2018 to May 2019 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Industrialized Countries(2)

100.000 128.4 127.9 1.3 2.8 1.2 0.5 -0.4

Nonmanufacturing

12.200 208.3 202.1 20.7 25.0 8.9 5.1 -3.0

Manufacturing

87.195 121.0 121.0 -1.1 0.6 0.2 -0.2 0.0

Canada

100.000 146.6 145.1 5.6 7.6 3.0 2.1 -1.0

Nonmanufacturing

32.376 205.1 199.1 24.3 27.1 9.4 5.5 -2.9

Manufacturing

66.748 131.9 131.9 -2.2 1.1 0.3 0.5 0.0

European Union

100.000 137.2 137.5 -0.1 0.3 0.2 -0.1 0.2

Manufacturing

98.664 133.5 133.9 -0.1 0.2 0.1 -0.1 0.3

France (Dec. 2003=100)

100.000 128.3 128.2 -0.7 0.2 0.4 0.2 -0.1

Germany (Dec. 2003=100)

100.000 112.4 112.3 -0.1 0.1 0.3 -0.3 -0.1

United Kingdom (Dec. 2003=100)

100.000 121.8 121.9 -0.2 0.0 0.6 0.5 0.1

Latin America(3)

100.000 148.4 148.2 -2.8 1.2 0.1 0.3 -0.1

Nonmanufacturing

17.254 267.0 264.4 -5.0 5.7 1.3 2.9 -1.0

Manufacturing

82.467 120.5 120.6 -2.1 0.3 -0.2 -0.3 0.1

Mexico (Dec. 2003=100)

100.000 128.7 129.2 0.0 0.4 0.0 0.9 0.4

Nonmanufacturing (Dec. 2008=100)

9.528 157.8 161.4 15.5 3.1 2.7 14.4 2.3

Manufacturing (Dec. 2008=100)

90.211 87.3 87.5 -1.5 0.1 -0.2 -0.3 0.2

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

100.000 98.5 98.3 -1.1 0.0 0.0 -0.2 -0.2

China (Dec. 2003=100)

100.000 99.2 99.1 -1.4 -0.2 0.0 -0.2 -0.1

Japan

100.000 96.6 96.6 0.0 0.1 0.1 -0.1 0.0

Taiwan (Dec. 2018=100)

100.000 98.9 98.7 - -0.5 0.1 -0.6 -0.2

Asian NICs(5)

100.000 88.6 88.4 -1.4 0.2 0.2 0.1 -0.2

ASEAN (Dec. 2003=100)(6)

100.000 96.9 96.8 -2.3 -0.1 -0.1 -0.2 -0.1

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

100.000 187.4 184.1 -1.7 0.5 4.6 3.4 -1.8

Footnotes
(1) Relative importance figures are based on 2017 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: May 2018 to May 2019 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Industrialized Countries(2)

100.000 103.7 103.7 1.1 0.9 1.0 -0.3 0.0

Nonmanufacturing

9.017 116.9 114.7 17.0 4.4 9.4 -4.3 -1.9

Manufacturing

89.915 102.9 103.0 0.1 0.6 0.1 0.2 0.1

Canada

100.000 105.3 105.0 1.3 0.4 1.5 -0.7 -0.3

European Union

100.000 105.2 105.1 1.5 0.7 0.3 0.6 -0.1

Nonmanufacturing

7.924 115.5 113.2 9.6 1.9 3.4 3.9 -2.0

Manufacturing

91.004 104.5 104.6 1.0 0.6 0.0 0.3 0.1

Germany

100.000 102.6 102.7 0.5 -0.2 0.0 0.6 0.1

Latin America(3)

100.000 102.9 102.8 -0.5 0.9 1.5 0.0 -0.1

Nonmanufacturing

7.013 106.8 104.8 -1.0 0.4 1.0 -1.2 -1.9

Manufacturing

92.573 102.7 102.7 -0.4 0.9 1.6 0.1 0.0

Mexico

100.000 101.8 101.7 -0.6 0.5 1.4 -0.4 -0.1

Nonmanufacturing

6.114 99.8 98.0 -6.5 -0.2 1.7 -3.8 -1.8

Manufacturing

93.402 101.9 101.9 -0.2 0.6 1.3 -0.1 0.0

Pacific Rim(4)

100.000 100.9 100.1 -2.0 0.5 0.3 0.3 -0.8

Nonmanufacturing

14.679 102.4 98.3 -7.4 1.8 1.4 3.3 -4.0

Manufacturing

83.293 100.9 100.8 -0.7 0.5 0.0 -0.2 -0.1

China

100.000 99.8 98.4 -4.3 0.7 0.7 0.5 -1.4

Nonmanufacturing

21.251 102.0 97.3 -8.4 2.3 2.1 4.2 -4.6

Manufacturing

75.049 100.1 99.8 -2.0 0.8 0.3 -0.4 -0.3

Japan

100.000 100.8 99.9 -2.0 1.1 0.2 0.7 -0.9

Nonmanufacturing

19.287 106.2 102.9 -3.8 3.2 1.6 2.6 -3.1

Manufacturing

79.518 99.2 99.0 -1.9 0.5 -0.1 0.1 -0.2

Footnotes
(1) Relative importance figures are based on 2017 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: May 2018 to May 2019(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Industrialized Countries(2)

98.9 99.2 -0.3 -1.9 -0.2 -0.7 0.3

Canada

94.4 95.1 -4.1 -6.6 -1.4 -2.7 0.7

European Union

103.2 102.9 1.7 0.4 0.0 0.7 -0.3

Germany

105.1 105.3 0.6 -0.2 -0.3 0.9 0.2

Latin America(3)

103.2 103.3 2.4 -0.3 1.4 -0.3 0.1

Mexico

102.0 101.5 -0.6 0.1 1.4 -1.4 -0.5

Pacific Rim(4)

100.8 100.2 -0.9 0.5 0.3 0.5 -0.6

China

100.7 99.4 -2.9 0.9 0.7 0.7 -1.3

Japan

99.7 98.8 -1.9 1.0 0.1 0.8 -0.9

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: May 2018 to May 2019 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Apr.
2019(1)
Index Percent change
Apr.
2019
May
2019
Annual Monthly
May
2018
to
May
2019
Jan.
2019
to
Feb.
2019
Feb.
2019
to
Mar.
2019
Mar.
2019
to
Apr.
2019
Apr.
2019
to
May
2019

Air Freight

Import Air Freight

100.000 178.0 179.4 -7.9 -6.1 -0.1 1.7 0.8

Europe (Dec. 2003=100)

27.307 149.0 148.9 -3.5 -1.4 -0.1 -0.2 -0.1

Asia

59.675 166.1 168.9 -10.6 -9.5 0.4 2.8 1.7

Export Air Freight

100.000 165.7 166.2 1.3 0.4 0.3 -0.1 0.3

Europe (Dec. 2006=100)

31.699 151.2 152.5 3.2 -1.4 0.3 0.3 0.9

Inbound Air Freight

100.000 165.6 167.7 -4.6 -4.4 0.3 -0.8 1.3

Europe (Dec. 2003=100)

28.441 136.2 137.2 -2.0 -2.4 -0.1 -1.2 0.7

Asia

56.669 152.9 156.2 -6.2 -6.5 0.8 -0.3 2.2

Outbound Air Freight

100.000 144.3 144.8 3.3 0.2 0.5 -0.6 0.3

Europe (Dec. 2003=100)

33.519 153.6 155.0 4.3 -0.9 1.1 0.9 0.9

Asia

44.081 137.5 137.5 4.2 1.4 0.0 -2.1 0.0

Air Passenger Fares

Import Air Passenger Fares

100.000 162.7 174.0 -1.9 -2.0 -5.7 -7.2 6.9

Europe

53.442 182.3 196.9 -3.0 -1.7 -8.5 -11.5 8.0

Asia

20.129 124.7 137.1 -1.6 -9.0 -0.7 0.1 9.9

Latin America/Caribbean

7.083 155.5 151.8 -1.2 4.9 -0.6 0.6 -2.4

Export Air Passenger Fares

100.000 147.1 148.2 -2.1 -8.9 1.6 -1.4 0.7

Europe

28.735 189.6 191.3 -4.3 -2.4 0.8 -3.2 0.9

Asia

26.537 124.7 131.7 3.4 -13.6 1.2 -5.0 5.6

Latin America/Caribbean

26.418 160.1 151.6 -3.3 -11.6 3.2 3.5 -5.3

Footnotes
(1) Relative importance figures are based on 2017 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


                                                TECHNICAL NOTE                                                

Import and Export Goods and Services Price Indexes - All indexes use a modified Laspeyres 
formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the 
weights. Published series use a base year of 2000=100 where possible. More detailed index series and 
additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101.

Merchandise Goods Classification Systems - The merchandise price indexes are published using three 
classification systems. Items are classified by end use according to the Bureau of Economic Analysis 
Classification System, by industry according to the North American Industry Classification System 
(NAICS), and by product category according to the Harmonized System (HS). While classification by 
end use and product category are self-explanatory, some notes are in order for classifying items by 
industry. In the NAICS imports and exports tables, items are classified by output industry, not input 
industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) 
includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS 
classification structure also matches the classification system used by the Producer Price Index (PPI) to 
produce the NAICS primary products indexes.

Import Price Goods Indexes - Items are classified by the Harmonized Tariff Schedule of the United 
States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The 
prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) 
U.S. port transaction prices, depending on the practices of the individual industry. The index for crude 
petroleum is calculated from data collected by the U.S. Department of Energy.  

Export Price Goods Indexes - Items are classified by the Harmonized Schedule B classification system 
of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) 
factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual 
industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of 
Agriculture.

Services Price Indexes - Indexes for import and export air passenger fares calculate changes in the 
average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 
foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 
sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 
the import and export air passenger fares indexes. Import air passenger fares data have used the airline 
consulting service source since September 2008. Before April 2018, the export air passenger fares data 
were collected directly by BLS from U.S. airlines. The air freight indexes are calculated from data 
collected directly from airlines. These data exclude mail and passenger baggage. The scope of the 
service being priced is the movement of freight from airport to airport only, and does not include any 
ground transportation or port service. The air freight indexes are presented using two definitions: 
balance of payments (which represents transactions between U.S. and foreign residents) and 
international (which represents transactions inbound to and outbound from the United States.) Fact 
sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 
under "MXP Publications."

Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data 
collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 
beginning with January 2002, are based on the North American Industry Classification System (NAICS) 
covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 
manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 
collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 
based on the North American Industry Classification System (NAICS) covering goods-producing 
industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are 
defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 
import prices for a specific country, region, or grouping. The indexes are calculated as one country, 
region, or grouping's all-export goods price index divided by the corresponding all-import goods price 
index on a scale of 100. 
   
Relative Importance - A relative importance is a specific index's price-updated value share (expressed 
as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 
affected by the trade weights at the point indexes are reweighted and index changes relative to other 
indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 
relative importance will increase as well. 
 
Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the 3 months after original publication. After 3 months, no further data 
revisions take place. For example, data first published in the January release will be subject to revision 
in the releases for February, March, and April.

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 
percent changes are then derived from the rounded index values and subsequently rounded to the tenth 
decimal place.

Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts (NIPA) constructed by the Department of 
Commerce. Other published indexes are useful for general market analysis. For trade in international 
services, balance of payments indexes are used for deflating NIPA, while international indexes are more 
appropriate for market analysis. 

Email Subscription - The U.S. import and export price indexes news release is available through an 
email subscription service at www.bls.gov/bls/list.htm. 
 
Additional Information - More detailed data are available on the Import/Export Price Indexes home 
page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 
mxpinfo@bls.gov.   
Information from this release will be made available to sensory impaired individuals upon request.  
Voice phone: (202)-691-5200; Federal Relay Service: 1-(800)-877-8339.


Last Modified Date: June 13, 2019