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Transmission of material in this release is embargoed until USDL-23-1304 8:30 a.m. (ET) Thursday, June 15, 2023 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 2023 U.S. import prices decreased 0.6 percent in May, after increasing 0.3 percent the previous month, the U.S. Bureau of Labor Statistics reported today. Lower fuel and nonfuel prices each contributed to the May decline. Prices for U.S. exports fell 1.9 percent in May following a revised 0.1-percent drop in April. Imports The price index for U.S. imports declined 0.6 percent in May, resuming the trend of monthly decreases in 2023 following a 0.3-percent increase in April. U.S. import prices fell 5.9 percent for the year ended in May, the largest 12-month drop since the index declined 6.3 percent from May 2019 to May 2020. (See table 1.) Fuel Imports: Import fuel prices fell 6.4 percent in May following a 4.1-percent increase in April. Lower petroleum and natural gas prices contributed to the May decline which was the largest 1-month drop since August 2022. Prices for import fuel decreased 35.2 percent over the past 12 months, the largest over-the- year decline since the index fell 37.5 percent from June 2019 to June 2020. The price index for petroleum fell 5.9 percent in May, after rising 5.4 percent the previous month. Import petroleum prices declined 34.1 percent over the past year, the largest 12-month drop since June 2020. Prices for natural gas decreased 26.1 percent in May, after an 18.9-percent drop in April. Import natural gas prices fell 67.9 percent over the past 12 months, the largest over-the-year decline since the index fell 68.6 percent for the year ended July 2009. All Imports Excluding Fuel: Prices for nonfuel imports edged down 0.1 percent in May, after being unchanged the previous month. Lower prices in May for nonfuel industrial supplies and materials and foods, feeds, and beverages more than offset higher prices for automotive vehicles and capital goods. Nonfuel import prices declined 1.6 percent over the past year. Foods, Feeds, and Beverages: The price index for foods, feeds, and beverages decreased 1.1 percent in May, after being unchanged in April. The May decline was the largest 1-month drop since a 1.5-percent decrease in August 2022. Lower fruit prices drove the decline in May and more than offset higher vegetable prices. Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 0.4 percent in May following a 0.1-percent decline the previous month. Lower prices for agricultural products used for industrial supplies and materials and chemicals led the decrease in nonfuel industrial supplies and materials prices. Finished Goods: Import prices for the major finished goods categories were mostly up in May. The price index for automotive vehicles rose 0.4 percent, after ticking up 0.1 percent in April. Higher automotive parts prices drove the May advance. Prices for capital goods ticked up 0.1 percent in May following a 0.1-percent decrease the previous month. Higher prices for industrial and service machinery led the advance in May. Consumer goods prices were unchanged in May, after rising 0.1 percent in April. 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 |
|
2022 |
||||||
May |
0.5 | 6.1 | -0.3 | 2.7 | 2.4 | 2.7 |
June |
0.2 | 5.6 | -0.6 | 1.1 | 0.0 | 1.2 |
July |
-1.4 | -6.9 | -0.5 | -3.7 | -3.2 | -3.8 |
August |
-1.2 | -8.6 | -0.2 | -1.4 | -0.5 | -1.4 |
September |
-1.0 | -6.3 | -0.3 | -0.9 | -0.8 | -0.9 |
October |
-0.3 | -2.2 | -0.1 | -0.5 | -0.6 | -0.5 |
November |
-0.8 | -3.9 | -0.3 | -0.4 | 2.8 | -0.9 |
December |
0.1 | -2.3 | 0.4 | -3.0 | -2.4 | -3.1 |
2023 |
||||||
January |
-0.4 | -4.8 | 0.2 | 0.2 | -0.8 | 0.3 |
February |
(r)-0.2 | -5.6 | (r)0.4 | 0.4 | 0.8 | 0.3 |
March |
-0.8 | (r)-4.4 | -0.5 | (r)-0.4 | (r)-1.8 | (r)-0.2 |
April |
(r)0.3 | (r)4.1 | 0.0 | (r)-0.1 | 0.4 | (r)-0.1 |
May |
-0.6 | -6.4 | -0.1 | -1.9 | -2.1 | -1.8 |
May 2021 to 2022 |
11.6 | 72.0 | 5.9 | 18.6 | 16.9 | 18.9 |
May 2022 to 2023 |
-5.9 | -35.2 | -1.6 | -10.1 | -8.1 | -10.5 |
Footnotes |
Exports Prices for U.S. exports declined 1.9 percent in May, the largest monthly drop since December 2022. Lower prices for nonagricultural exports and agricultural exports in May each contributed to the overall decrease. U.S. export prices fell 10.1 percent for the year ended in May, the largest 12-month decline since the 12- month percent change series was first published in September 1984. (See table 2.) Agricultural Exports: Agricultural export prices decreased 2.1 percent in May, after advancing 0.4 percent in April. The May decline was the largest monthly drop since December 2022. Lower prices for corn, soybeans, and wheat in May more than offset higher meat and fruit prices. Prices for agricultural exports fell 8.1 percent over the past 12 months, the largest over-the-year decline since a 9.1-percent drop in April 2016. All Exports Excluding Agriculture: The price index for nonagricultural exports fell 1.8 percent in May following a 0.1-percent drop the previous month. The May decrease was the largest 1-month decline since December 2022. Lower prices for nonagricultural industrial supplies and materials and nonagricultural foods more than offset higher prices for capital goods, consumer goods, and automotive vehicles. Nonagricultural export prices decreased 10.5 percent over the past year, the largest 12-month drop since the 12-month percent change series was first published in March 1986. Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials prices decreased 4.5 percent in May following a 0.5-percent drop the previous month. The May decline was the largest monthly drop since December 2022. The May decrease was led by a 10.1-percent drop in export fuel prices. Finished Goods: Prices for each of the major finished goods export categories were up in May. Capital goods prices advanced 0.1 percent, after increasing 0.2 percent in April. The price index for capital goods has not recorded a monthly decline since November 2022. Consumer goods prices advanced 0.2 percent in May following 0.3-percent increases in each of the previous 2 months. The May advance in consumer goods prices was driven by higher prices for medicinal, dental, and pharmaceutical materials. Prices for automotive vehicles ticked up 0.1 percent in May, after declining 0.3 percent in April. 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 fell 0.2 percent in May, after declining 0.5 percent the previous month. Import prices from China have not recorded a monthly advance since October 2022. The price index for imports from China decreased 2.0 percent for the year ended in May. Prices for imports from Japan declined 0.2 percent in May following a 0.5-percent increase in April. Import prices from Japan rose on a 12-month basis, advancing 0.6 percent from May 2022 to May 2023. The price index for imports from Canada fell 2.9 percent in May, after advancing 0.5 percent the previous month. Prices for imports from Canada declined 22.4 percent over the past year, the largest 12-month drop since a 26.0- percent decrease in May 2020. Import prices from Mexico edged down 0.1 percent in May following a 0.6- percent advance in April. In contrast, the price index for imports from the European Union rose 0.3 percent in May, after increasing 0.5 percent the previous month. (See table 7.) Exports by Locality of Destination: The price index for exports to China fell 2.1 percent in May, after declining 0.3 percent in April and 0.4 percent in March. Export prices to China fell 11.5 percent over the past 12 months, the largest over-the-year drop since the 12-month percent change series was first published in December 2018. Prices for exports to Japan fell 2.2 percent in May following a 0.8-percent drop the previous month. Export prices to Japan declined 12.9 percent for the year ended in May, the largest 12- month drop since the 12-month percent change series was first published in December 2018. The price index for exports to Canada decreased 0.9 percent in May, after declining 0.5 percent in April. Prices for exports to Mexico and the European Union also fell in May, decreasing 2.0 percent and 1.9 percent, respectively. (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 declined 1.9 percent in May, the first monthly decrease since December 2022. Lower export prices to China in May more than offset lower import prices from China. The index for U.S. terms of trade with China fell 9.8 percent over the past year. U.S. terms of trade with Japan decreased 2.0 percent in May and 13.3 percent over the past 12 months. The indexes for U.S. terms of trade with Mexico and the European Union also fell in May, declining 1.9 percent and 2.2 percent, respectively. In contrast, U.S. terms of trade with Canada rose 2.2 percent in May and increased 23.9 percent from May 2022 to May 2023. (See table 9.) Import and Export Services Imports: Import air passenger fares rose 8.0 percent in May following a 5.4-percent decline in April. The May increase was the largest monthly rise since June 2022 and was primarily led by higher European fares. Import air passenger fares increased 6.3 percent over the past year. Prices for import air freight decreased 4.5 percent in May, after rising 2.3 percent in April. The May drop was driven by lower Asian air freight prices. Import air freight prices declined 37.7 percent for the year ended in May, the largest over-the-year drop since the 12-month percent change series was first published in September 1991. (See table 10.) Exports: Export air passenger fares declined 5.5 percent in May following a 0.6-percent increase the previous month. The May decline was led by lower Latin American/Caribbean fares which more than offset higher European and Asian fares. The index for export air passenger fares rose 0.4 percent over the past year, the smallest 12-month advance since the most recent decline in November 2021. Export air freight prices fell 3.2 percent in May, after a 0.8-percent drop in April. Prices for export air freight decreased 15.4 percent over the past year, the largest 12-month decline since the index fell 15.7 percent in September 2009. U.S. Import and Export Price Index data for June 2023 are scheduled for release on Friday, July 14, 2023, at 8:30 a.m. (ET).
Description | End Use |
Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||||
All commodities |
100.000 | 140.3 | 139.4 | -5.9 | -0.2 | -0.8 | 0.3 | -0.6 | |
All imports excluding food and fuels (Dec. 2010=100) |
83.782 | 108.5 | 108.6 | -1.7 | 0.3 | -0.4 | -0.1 | 0.1 | |
All imports excluding petroleum |
91.467 | 124.1 | 123.9 | -2.2 | -0.3 | -0.6 | -0.2 | -0.2 | |
All imports excluding fuels (Dec. 2001=100) |
90.916 | 128.0 | 127.9 | -1.6 | 0.4 | -0.5 | 0.0 | -0.1 | |
Foods, feeds, & beverages |
0 |
7.134 | 212.8 | 210.5 | -0.5 | 1.3 | -0.9 | 0.0 | -1.1 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
5.679 | 234.4 | 231.9 | 1.4 | 1.3 | -1.3 | 0.5 | -1.1 |
Nonagricultural foods (fish, distilled beverages) |
01 |
1.456 | 162.2 | 160.4 | -7.4 | 1.4 | 0.6 | -1.8 | -1.1 |
Industrial supplies & materials |
1 |
24.934 | 247.3 | 240.9 | -20.4 | -2.0 | -2.5 | 1.4 | -2.6 |
Industrial supplies & materials excluding petroleum |
16.518 | 206.5 | 204.5 | -12.4 | -3.4 | -2.4 | -0.7 | -1.0 | |
Industrial supplies & materials excluding fuels (Dec. 2001=100) |
15.865 | 231.0 | 230.0 | -9.9 | 0.2 | -1.5 | -0.1 | -0.4 | |
Industrial supplies & materials, durable |
10.038 | 225.5 | 225.2 | -10.0 | 1.6 | -1.4 | -0.3 | -0.1 | |
Industrial supplies & materials nondurable excluding petroleum |
6.364 | 184.5 | 180.4 | -14.9 | -10.1 | -3.9 | -1.3 | -2.2 | |
Fuels & lubricants |
10 |
9.084 | 282.8 | 264.6 | -35.2 | -5.6 | -4.4 | 4.1 | -6.4 |
Petroleum & petroleum products |
100 |
8.533 | 303.3 | 285.3 | -34.1 | 0.0 | -3.1 | 5.4 | -5.9 |
Crude petroleum |
10000 |
5.278 | 304.7 | 286.8 | -35.8 | -0.1 | -1.7 | 7.1 | -5.9 |
Fuels, n.e.s.-coals & gas |
101 |
0.418 | 173.3 | 140.2 | -58.8 | -45.4 | -23.1 | -15.7 | -19.1 |
Natural gas |
10110 |
0.310 | 149.3 | 110.4 | -67.9 | -49.9 | -28.8 | -18.9 | -26.1 |
Paper & paper base stocks |
11 |
0.520 | 138.7 | 139.5 | 5.8 | -1.7 | -2.2 | -3.4 | 0.6 |
Materials associated with nondurable supplies & materials |
12 |
5.293 | 201.2 | 199.2 | -10.6 | -2.4 | -1.5 | 0.4 | -1.0 |
Selected building materials |
13 |
1.706 | 186.6 | 185.8 | -20.7 | 2.4 | -0.2 | -3.2 | -0.4 |
Unfinished metals related to durable goods |
14 |
4.155 | 342.6 | 342.5 | -14.2 | 2.2 | -3.0 | 0.4 | 0.0 |
Finished metals related to durable goods |
15 |
2.352 | 218.9 | 218.6 | -0.5 | 0.2 | -0.8 | 1.4 | -0.1 |
Nonmetals related to durable goods |
16 |
1.825 | 128.0 | 127.7 | -0.3 | 1.5 | 0.3 | -1.2 | -0.2 |
Capital goods |
2 |
27.763 | 93.6 | 93.7 | 0.9 | 0.2 | -0.1 | -0.1 | 0.1 |
Electric generating equipment |
20 |
3.733 | 129.4 | 129.7 | 0.8 | 0.2 | -0.1 | -0.1 | 0.2 |
Nonelectrical machinery |
21 |
22.633 | 84.6 | 84.6 | 0.5 | 0.1 | 0.0 | -0.2 | 0.0 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
1.396 | 152.5 | 152.9 | 6.8 | 0.7 | 0.7 | 1.1 | 0.3 |
Automotive vehicles, parts & engines |
3 |
12.762 | 117.6 | 118.1 | 1.9 | 0.0 | -0.2 | 0.1 | 0.4 |
Consumer goods, excluding automotives |
4 |
27.407 | 110.3 | 110.3 | -0.1 | 0.5 | -0.3 | 0.1 | 0.0 |
Nondurables, manufactured |
40 |
12.798 | 125.4 | 125.5 | 0.4 | 0.2 | -0.1 | 0.2 | 0.1 |
Durables, manufactured |
41 |
13.609 | 95.6 | 95.5 | -0.2 | 0.3 | -0.1 | 0.0 | -0.1 |
Nonmanufactured consumer goods |
42 |
1.001 | 129.4 | 129.5 | -4.2 | 4.4 | -4.4 | 1.1 | 0.1 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | End Use |
Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||||
All commodities |
100.000 | 151.0 | 148.2 | -10.1 | 0.4 | -0.4 | -0.1 | -1.9 | |
Agricultural commodities |
11.095 | 249.1 | 243.8 | -8.1 | 0.8 | -1.8 | 0.4 | -2.1 | |
All exports excluding food and fuels (Dec. 2010=100) |
72.965 | 115.1 | 115.2 | -0.9 | 0.7 | 0.0 | 0.2 | 0.1 | |
All exports excluding fuels (June 2022=100) |
83.183 | 100.2 | 100.0 | - | 0.7 | -0.1 | 0.2 | -0.2 | |
Nonagricultural commodities |
88.905 | 143.5 | 140.9 | -10.5 | 0.3 | -0.2 | -0.1 | -1.8 | |
Foods, feeds, & beverages |
0 |
10.218 | 251.7 | 246.4 | -8.0 | 0.8 | -2.0 | 0.4 | -2.1 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
9.815 | 254.1 | 248.6 | -7.5 | 0.9 | -1.9 | 0.6 | -2.2 |
Nonagricultural foods (fish, distilled beverages) |
01 |
0.403 | 207.3 | 205.0 | -17.5 | -0.9 | -2.7 | -3.6 | -1.1 |
Industrial supplies & materials |
1 |
38.705 | 206.4 | 197.4 | -22.8 | 0.1 | -0.8 | -0.5 | -4.4 |
Industrial supplies & materials, durable |
11.038 | 217.1 | 216.3 | -5.8 | 1.0 | -0.9 | 1.3 | -0.4 | |
Industrial supplies & materials, nondurable |
27.667 | 199.5 | 187.5 | -28.0 | -0.2 | -0.7 | -1.2 | -6.0 | |
Agricultural industrial supplies & materials |
10 |
1.280 | 225.7 | 221.7 | -11.7 | 0.0 | -1.2 | -0.7 | -1.8 |
Nonagricultural industrial supplies & materials |
37.424 | 205.9 | 196.6 | -23.2 | 0.1 | -0.8 | -0.5 | -4.5 | |
Fuels & lubricants |
11 |
16.817 | 251.9 | 226.4 | -37.4 | -1.1 | -1.1 | -1.3 | -10.1 |
Nonagricultural supplies & materials excluding fuels & building materials |
12 |
19.797 | 198.9 | 199.1 | -7.3 | 1.2 | -0.5 | 0.2 | 0.1 |
Selected building materials |
13 |
0.810 | 150.8 | 151.6 | -11.7 | 0.7 | 0.7 | -0.8 | 0.5 |
Capital goods |
2 |
30.369 | 121.1 | 121.2 | 2.4 | 0.6 | 0.3 | 0.2 | 0.1 |
Electrical generating equipment |
20 |
3.399 | 137.6 | 137.7 | 4.8 | 0.6 | 0.2 | 0.1 | 0.1 |
Nonelectrical machinery |
21 |
22.247 | 101.5 | 101.6 | 1.2 | 0.4 | 0.3 | 0.1 | 0.1 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
4.724 | 207.2 | 207.5 | 6.1 | 1.5 | 0.5 | 0.8 | 0.1 |
Automotive vehicles, parts & engines |
3 |
8.061 | 123.6 | 123.7 | 2.7 | -0.1 | 0.1 | -0.3 | 0.1 |
Consumer goods, excluding automotives |
4 |
12.647 | 119.4 | 119.6 | 2.7 | 0.7 | 0.3 | 0.3 | 0.2 |
Nondurables, manufactured |
40 |
6.680 | 110.7 | 110.9 | 0.5 | 0.6 | -0.1 | 0.5 | 0.2 |
Durables, manufactured |
41 |
4.711 | 119.2 | 119.4 | 5.3 | 0.2 | 0.7 | 0.3 | 0.2 |
Nonmanufactured consumer goods (Dec. 2018=100) |
42 |
1.256 | 131.6 | 131.5 | 4.1 | 3.4 | 0.1 | -0.2 | -0.1 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||||
Nonmanufacturing |
8.289 | 147.8 | 139.0 | -30.0 | -4.5 | -4.1 | 4.5 | -6.0 | |
Agriculture, forestry, fishing and hunting |
11 |
2.172 | 216.5 | 211.3 | -4.0 | 3.6 | -4.4 | 0.1 | -2.4 |
Crop production |
111 |
1.718 | 222.6 | 219.1 | -4.8 | 2.3 | -5.4 | -0.5 | -1.6 |
Animal production (Dec. 2022=100) |
112 |
0.275 | 117.0 | 110.1 | - | 13.7 | -3.3 | 3.5 | -5.9 |
Mining |
21 |
6.117 | 143.2 | 132.9 | -36.3 | -7.2 | -4.0 | 6.0 | -7.2 |
Oil and gas extraction |
211 |
5.739 | 139.1 | 129.6 | -38.2 | -8.1 | -4.2 | 5.0 | -6.8 |
Mining (except oil and gas) (Dec. 2022=100) |
212 |
0.377 | 151.7 | 132.6 | - | 14.8 | -0.2 | 24.3 | -12.6 |
Manufacturing |
91.330 | 122.7 | 122.5 | -2.8 | 0.2 | -0.5 | 0.1 | -0.2 | |
Manufacturing, part 1 |
31 |
11.465 | 139.8 | 139.7 | 1.1 | 0.4 | -0.2 | 0.7 | -0.1 |
Food manufacturing |
311 |
4.302 | 191.4 | 190.6 | 1.5 | 1.1 | -0.3 | 1.5 | -0.4 |
Beverage and tobacco product manufacturing |
312 |
1.172 | 139.7 | 140.0 | 4.2 | 0.8 | 0.7 | 0.2 | 0.2 |
Apparel manufacturing |
315 |
3.215 | 119.5 | 119.6 | 2.4 | -0.1 | -0.2 | 0.3 | 0.1 |
Leather and allied product manufacturing |
316 |
1.357 | 125.9 | 126.2 | -1.1 | -0.3 | -0.3 | 0.0 | 0.2 |
Manufacturing, part 2 |
32 |
19.962 | 144.0 | 142.7 | -10.4 | -0.4 | -1.3 | 0.1 | -0.9 |
Paper manufacturing |
322 |
0.964 | 122.5 | 122.7 | 2.2 | -0.9 | -1.3 | -1.7 | 0.2 |
Petroleum and coal products manufacturing |
324 |
3.060 | 141.9 | 132.9 | -28.9 | -0.1 | -5.2 | 3.1 | -6.3 |
Chemical manufacturing |
325 |
11.170 | 151.9 | 151.7 | -6.3 | -1.2 | -0.8 | -0.1 | -0.1 |
Plastics and rubber products manufacturing |
326 |
2.632 | 133.7 | 134.8 | 1.7 | 0.9 | 0.3 | 0.0 | 0.8 |
Nonmetallic mineral product manufacturing |
327 |
1.058 | 144.1 | 144.9 | 2.5 | 0.8 | 0.2 | 0.2 | 0.6 |
Manufacturing, part 3 |
33 |
59.903 | 113.0 | 113.1 | -0.7 | 0.4 | -0.4 | 0.0 | 0.1 |
Primary metal manufacturing |
331 |
4.949 | 231.2 | 231.4 | -9.8 | 1.7 | -3.0 | 0.4 | 0.1 |
Fabricated metal product manufacturing |
332 |
3.331 | 149.8 | 149.4 | -2.7 | -0.3 | 0.1 | 0.3 | -0.3 |
Machinery manufacturing |
333 |
7.682 | 131.4 | 131.8 | 3.8 | 0.5 | 0.2 | 0.2 | 0.3 |
Computer and electronic product manufacturing |
334 |
16.785 | 73.1 | 72.9 | -1.5 | 0.0 | -0.4 | -0.5 | -0.3 |
Electrical equipment, appliance, and component manufacturing |
335 |
5.956 | 127.5 | 127.8 | 0.6 | 0.3 | 0.2 | 0.2 | 0.2 |
Transportation equipment manufacturing |
336 |
12.973 | 116.7 | 117.1 | 2.2 | 0.0 | 0.0 | 0.1 | 0.3 |
Furniture and related product manufacturing |
337 |
2.004 | 128.8 | 129.2 | 1.9 | 0.2 | -0.1 | -0.1 | 0.3 |
Miscellaneous manufacturing |
339 |
6.223 | 127.9 | 128.4 | 0.9 | 0.6 | 0.2 | 0.2 | 0.4 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||||
Nonmanufacturing |
15.271 | 185.2 | 171.1 | -31.3 | -0.8 | -2.6 | -0.2 | -7.6 | |
Agriculture, forestry, fishing and hunting |
11 |
5.652 | 217.0 | 209.0 | -15.7 | 1.3 | -3.0 | 0.2 | -3.7 |
Crop production |
111 |
5.336 | 230.8 | 222.3 | -15.7 | 1.3 | -3.1 | 0.3 | -3.7 |
Mining |
21 |
9.619 | 112.0 | 100.9 | -38.7 | -1.9 | -2.5 | -0.4 | -9.9 |
Oil and gas extraction (Dec. 2021=100) |
211 |
8.072 | 97.0 | 86.7 | -41.3 | -2.4 | -3.3 | -0.8 | -10.6 |
Mining (except oil and gas) |
212 |
1.547 | 159.9 | 150.1 | -20.6 | 1.3 | 2.1 | 2.2 | -6.1 |
Manufacturing |
83.013 | 135.2 | 134.0 | -5.2 | 0.5 | 0.1 | -0.1 | -0.9 | |
Manufacturing, part 1 |
31 |
6.943 | 175.8 | 174.7 | -2.2 | 0.3 | -0.8 | 0.2 | -0.6 |
Food manufacturing |
311 |
5.128 | 207.0 | 205.6 | -2.8 | 0.2 | -1.1 | 0.2 | -0.7 |
Beverage and tobacco product manufacturing |
312 |
0.548 | 150.4 | 148.4 | 2.9 | 2.7 | 0.0 | 0.7 | -1.3 |
Manufacturing, part 2 |
32 |
26.420 | 140.0 | 136.2 | -16.2 | 0.4 | 0.4 | -0.8 | -2.7 |
Wood product manufacturing (Dec. 2017=100) |
321 |
0.417 | 120.3 | 122.6 | -14.6 | 0.5 | 1.6 | 0.3 | 1.9 |
Paper manufacturing |
322 |
1.591 | 150.5 | 147.0 | 0.8 | -0.2 | -2.4 | -3.1 | -2.3 |
Petroleum and coal products manufacturing |
324 |
6.932 | 160.9 | 143.3 | -37.6 | 0.1 | 0.9 | -2.2 | -10.9 |
Chemical manufacturing |
325 |
14.302 | 135.2 | 135.9 | -6.3 | 0.8 | 0.4 | 0.0 | 0.5 |
Plastics and rubber products manufacturing |
326 |
2.240 | 132.9 | 133.4 | 3.0 | -0.6 | 0.2 | -0.4 | 0.4 |
Nonmetallic mineral product manufacturing |
327 |
0.748 | 130.7 | 130.7 | -3.2 | 0.8 | 0.1 | -0.1 | 0.0 |
Manufacturing, part 3 |
33 |
49.650 | 128.9 | 128.9 | 1.5 | 0.6 | -0.1 | 0.4 | 0.0 |
Primary metal manufacturing |
331 |
4.368 | 209.7 | 208.7 | -9.5 | 1.9 | -3.1 | 3.0 | -0.5 |
Machinery manufacturing |
333 |
9.369 | 149.0 | 149.2 | 5.4 | 0.6 | 0.5 | 0.5 | 0.1 |
Computer and electronic product manufacturing |
334 |
12.694 | 83.6 | 83.6 | -1.5 | 0.2 | -0.1 | 0.0 | 0.0 |
Electrical equipment, appliance, and component manufacturing |
335 |
3.519 | 135.5 | 135.6 | 4.8 | 0.6 | 0.0 | 0.1 | 0.1 |
Transportation equipment manufacturing |
336 |
11.852 | 142.6 | 142.7 | 4.0 | 0.5 | 0.2 | 0.1 | 0.1 |
Miscellaneous manufacturing |
339 |
4.856 | 138.1 | 138.7 | 4.8 | 1.3 | 0.9 | 0.2 | 0.4 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative importance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||||
Live animals; animal products |
I |
1.593 | 240.8 | 235.8 | -4.0 | 4.7 | -0.3 | 1.5 | -2.1 |
Meat and edible meat offal |
02 |
0.396 | 315.3 | 321.1 | -6.6 | 0.5 | 1.0 | 4.9 | 1.8 |
Fish and crustaceans, molluscs and other aquatic invertebrates |
03 |
0.826 | 159.9 | 156.6 | -10.1 | 2.4 | 1.0 | -3.1 | -2.1 |
Vegetable products |
II |
2.201 | 253.6 | 249.2 | -1.8 | 1.8 | -3.7 | 0.8 | -1.7 |
Edible vegetables, roots, and tubers |
07 |
0.502 | 451.5 | 472.1 | 6.6 | -6.8 | -1.8 | -3.4 | 4.6 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.805 | 128.2 | 121.1 | -6.6 | 4.7 | -4.2 | 1.8 | -5.5 |
Coffee, tea, mate and spices |
09 |
0.393 | 304.9 | 306.1 | -3.7 | 1.8 | 0.4 | -0.3 | 0.4 |
Animal or vegetable fats and oils (Dec. 2009=100) |
III |
0.384 | 148.2 | 146.3 | -7.3 | -2.5 | -2.9 | 1.2 | -1.3 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.358 | 195.0 | 195.2 | 5.1 | 0.6 | 0.6 | -0.1 | 0.1 |
Sugars and sugar confectionary (Dec. 2021=100) |
17 |
0.212 | 113.8 | 114.5 | 10.0 | 1.9 | 0.8 | 1.0 | 0.6 |
Cocoa and cocoa preparations (Dec. 2009=100) |
18 |
0.245 | 121.8 | 118.3 | 15.6 | 0.0 | 2.1 | 5.3 | -2.9 |
Miscellaneous edible preparations (Dec. 2022=100) |
21 |
0.382 | 95.4 | 95.4 | - | 0.0 | 0.0 | -4.6 | 0.0 |
Beverages, spirits, and vinegar |
22 |
1.106 | 153.4 | 153.8 | 3.9 | 0.8 | 0.9 | 0.3 | 0.3 |
Mineral products |
V |
9.297 | 293.4 | 273.0 | -34.4 | -5.0 | -4.4 | 5.0 | -7.0 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
8.847 | 283.0 | 263.8 | -35.9 | -5.6 | -4.6 | 4.4 | -6.8 |
Products of the chemical or allied industries |
VI |
10.608 | 173.1 | 173.3 | -3.5 | -0.3 | -1.0 | -0.2 | 0.1 |
Inorganic chemicals |
28 |
0.627 | 518.6 | 519.1 | -6.2 | -2.3 | -3.0 | -1.1 | 0.1 |
Organic chemicals |
29 |
2.403 | 146.1 | 146.4 | -3.7 | 0.1 | -1.3 | -0.2 | 0.2 |
Pharmaceutical products |
30 |
5.254 | 148.3 | 148.3 | -0.4 | 0.7 | 0.0 | 0.3 | 0.0 |
Fertilizers (Dec. 2022=100) |
31 |
0.375 | 70.4 | 68.1 | - | -15.7 | -9.9 | -5.8 | -3.3 |
Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100) |
32 |
0.202 | 100.7 | 102.9 | - | 2.5 | -1.1 | -1.4 | 2.2 |
Miscellaneous chemical products |
38 |
0.836 | 121.6 | 122.8 | 4.1 | 0.7 | -0.9 | -0.2 | 1.0 |
Plastics and articles thereof; rubber and articles thereof |
VII |
4.160 | 158.5 | 158.5 | -2.1 | 0.4 | 0.7 | 0.4 | 0.0 |
Plastics and articles thereof |
39 |
2.721 | 158.9 | 158.2 | -4.4 | 0.0 | 1.1 | 0.3 | -0.4 |
Rubber and articles thereof |
40 |
1.439 | 161.0 | 162.2 | 2.8 | 1.3 | 0.0 | 0.6 | 0.7 |
Woodpulp, recovered paper, and paper products |
X |
0.954 | 127.7 | 128.0 | 0.5 | -0.8 | -1.1 | -2.8 | 0.2 |
Textile and textile articles |
XI |
4.427 | 121.0 | 121.2 | 0.8 | 0.0 | 0.0 | 0.2 | 0.2 |
Articles of apparel and clothing accessories, not knitted or crocheted |
62 |
1.216 | 127.7 | 127.5 | 1.4 | -0.2 | 0.1 | 0.2 | -0.2 |
Headgear, umbrellas, artificial flowers, etc. |
XII |
1.190 | 125.7 | 126.1 | -0.2 | -0.2 | -0.3 | -0.1 | 0.3 |
Footwear and parts of such articles |
64 |
0.941 | 122.3 | 122.8 | -0.6 | -0.4 | -0.4 | 0.0 | 0.4 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.928 | 137.1 | 137.9 | 2.6 | 0.8 | 0.4 | 0.5 | 0.6 |
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100) |
68 |
0.343 | 102.8 | 102.9 | 1.9 | 1.2 | 0.3 | 0.2 | 0.1 |
Glass and glassware (Dec. 2021=100) |
70 |
0.322 | 106.3 | 107.1 | 5.2 | 0.9 | 0.7 | 1.9 | 0.8 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
3.319 | 234.1 | 238.1 | -0.8 | 0.6 | -4.4 | 2.6 | 1.7 |
Base metals and articles of base metals |
XV |
6.357 | 238.1 | 235.9 | -10.0 | 1.1 | -0.2 | -0.7 | -0.9 |
Articles of iron or steel |
73 |
1.890 | 207.6 | 206.2 | -3.0 | 0.3 | 0.4 | 0.1 | -0.7 |
Copper and articles thereof |
74 |
0.550 | 388.8 | 378.0 | -7.3 | 4.7 | -0.3 | -1.4 | -2.8 |
Aluminum and articles thereof |
76 |
1.068 | 192.1 | 186.9 | -16.3 | 2.4 | -2.7 | -0.6 | -2.7 |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof |
82 |
0.444 | 132.1 | 131.7 | 0.8 | 0.3 | 0.4 | -0.1 | -0.3 |
Miscellaneous articles of base metal |
83 |
0.547 | 148.8 | 148.3 | -2.4 | -0.7 | -0.1 | -1.3 | -0.3 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
29.872 | 82.7 | 82.7 | 0.0 | 0.1 | -0.1 | -0.2 | 0.0 |
Machinery and mechanical appliances; parts thereof |
84 |
15.201 | 89.6 | 89.7 | 0.4 | 0.3 | -0.2 | -0.4 | 0.1 |
Electrical machinery and equip, sound and TV recorders & reproducers, parts |
85 |
14.671 | 76.3 | 76.2 | -0.5 | 0.1 | 0.0 | 0.0 | -0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
10.801 | 121.3 | 121.7 | 2.2 | 0.0 | -0.2 | -0.1 | 0.3 |
Motor vehicles and their parts |
87 |
10.176 | 120.3 | 120.7 | 1.9 | -0.1 | -0.1 | -0.2 | 0.3 |
Aircraft, spacecraft, and parts thereof (Dec. 2020=100) |
88 |
0.514 | 108.4 | 108.4 | 5.4 | 0.1 | 0.3 | 0.1 | 0.0 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
4.128 | 107.8 | 108.1 | 2.4 | 0.4 | 0.6 | 0.6 | 0.3 |
Optical, photographic, measuring and medical instruments |
90 |
3.844 | 103.6 | 103.8 | 2.2 | 0.4 | 0.7 | 0.6 | 0.2 |
Miscellaneous manufactured articles |
XX |
4.828 | 120.2 | 120.1 | 1.6 | 0.4 | 0.0 | 0.0 | -0.1 |
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs |
94 |
2.751 | 127.8 | 127.6 | 1.0 | 0.2 | -0.2 | 0.2 | -0.2 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
1.778 | 106.3 | 106.3 | 1.3 | 0.1 | 0.1 | -0.2 | 0.0 |
Miscellaneous manufactured articles |
96 |
0.300 | 147.3 | 147.3 | 9.2 | 5.2 | 0.2 | 0.4 | 0.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||||
Live animals; animal products |
I |
2.073 | 264.0 | 262.5 | -11.0 | -1.3 | -1.9 | -0.3 | -0.6 |
Meat & edible meat offal (Dec. 2006=100) |
02 |
1.255 | 215.2 | 218.6 | -7.4 | -1.4 | 1.8 | 1.7 | 1.6 |
Fish and crustaceans, mollusks and aquatic invertebrates (Dec. 2022=100) |
03 |
0.250 | 88.8 | 87.2 | - | -1.3 | -4.4 | -5.3 | -1.8 |
Vegetable products |
II |
5.425 | 289.2 | 277.7 | -13.0 | 2.1 | -2.9 | 0.6 | -4.0 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.825 | 138.9 | 143.7 | -1.3 | -0.3 | 0.6 | 0.8 | 3.5 |
Cereals |
10 |
1.991 | 325.8 | 302.8 | -21.7 | 1.2 | -4.7 | 1.4 | -7.1 |
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder |
12 |
2.094 | 309.3 | 298.2 | -12.0 | 1.2 | -2.5 | -0.6 | -3.6 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.038 | 189.4 | 189.0 | 3.1 | 0.3 | -0.4 | 0.6 | -0.2 |
Miscellaneous edible preparations (Dec. 2017=100) |
21 |
0.667 | 117.2 | 117.7 | 9.3 | 1.6 | 0.4 | 0.0 | 0.4 |
Beverages, spirits, and vinegar (Dec. 2008=100) |
22 |
0.467 | 109.3 | 109.5 | 0.5 | 0.3 | 0.6 | 0.0 | 0.2 |
Residues and waste from the food industries; prepared animal feed |
23 |
0.811 | 322.8 | 318.2 | -5.7 | 0.9 | -3.1 | 1.8 | -1.4 |
Mineral products |
V |
16.598 | 302.0 | 270.8 | -38.1 | -1.2 | -1.1 | -1.1 | -10.3 |
Ores, slag and ash (Dec. 2012=100) |
26 |
0.543 | 146.3 | 142.6 | -9.2 | 3.2 | 0.1 | 2.2 | -2.5 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
15.837 | 288.8 | 257.7 | -39.3 | -1.3 | -1.2 | -1.2 | -10.8 |
Products of the chemical or allied industries |
VI |
12.760 | 163.5 | 165.3 | -0.5 | 1.0 | -0.1 | -0.2 | 1.1 |
Pharmaceutical products |
30 |
4.346 | 107.9 | 108.3 | 0.7 | 0.5 | 0.0 | 0.7 | 0.4 |
Essential oils and resinoids; perfumery cosmetic or toilet preparations |
33 |
0.854 | 149.3 | 149.6 | 6.7 | 1.1 | -0.1 | 1.4 | 0.2 |
Soap; lubricants; waxes, polishing or scouring products; candles, pastes |
34 |
0.465 | 136.3 | 136.3 | 3.0 | 0.1 | 0.0 | 0.0 | 0.0 |
Miscellaneous chemical products |
38 |
2.253 | 192.3 | 193.2 | 2.4 | 0.4 | 0.3 | 0.9 | 0.5 |
Plastics and articles thereof; rubber and articles thereof |
VII |
4.565 | 159.9 | 159.6 | -10.0 | 0.1 | 0.9 | -0.3 | -0.2 |
Plastics and articles thereof |
39 |
3.781 | 157.6 | 157.2 | -11.7 | 0.1 | 1.0 | -0.3 | -0.3 |
Rubber and articles thereof |
40 |
0.784 | 168.6 | 168.9 | 1.4 | 0.2 | 0.2 | -0.3 | 0.2 |
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100) |
IX |
0.488 | 113.0 | 114.4 | -19.0 | 0.4 | 1.5 | -1.2 | 1.2 |
Woodpulp, recovered paper, and paper products |
X |
1.725 | 148.8 | 145.0 | -4.7 | 1.2 | -2.9 | -3.0 | -2.6 |
Woodpulp and recovered paper (Dec. 2019=100) |
47 |
0.515 | 156.1 | 145.8 | -17.3 | 3.9 | -1.3 | -12.0 | -6.6 |
Paper and paperboard; articles of paper pulp, paper or paperboard |
48 |
0.974 | 148.7 | 146.9 | 2.4 | -0.4 | -4.6 | 1.8 | -1.2 |
Cotton, including yarns and woven fabrics thereof |
52 |
0.512 | 161.4 | 159.2 | -26.0 | -1.7 | -3.8 | -1.9 | -1.4 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.730 | 146.2 | 146.2 | -0.5 | 0.6 | 0.0 | 0.2 | 0.0 |
Glass and glassware (Dec. 2019=100) |
70 |
0.447 | 110.9 | 110.9 | 0.6 | 0.0 | 0.0 | 0.6 | 0.0 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
4.681 | 324.6 | 325.5 | -4.2 | 1.2 | -3.1 | 3.2 | 0.3 |
Base metals and articles of base metals |
XV |
4.537 | 214.5 | 212.5 | -5.8 | 1.8 | 0.9 | -0.1 | -0.9 |
Copper and articles thereof |
74 |
0.602 | 271.2 | 263.4 | -6.7 | 7.5 | -4.9 | 1.3 | -2.9 |
Aluminum and articles thereof |
76 |
0.679 | 148.2 | 147.7 | -10.5 | 1.5 | -0.3 | -1.3 | -0.3 |
Miscellaneous articles of base metal (Dec. 2022=100) |
83 |
0.313 | 101.4 | 101.4 | - | -1.5 | 2.7 | 0.0 | 0.0 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
25.562 | 106.4 | 106.5 | 2.4 | 0.6 | 0.1 | 0.2 | 0.1 |
Machinery and mechanical appliances; parts thereof |
84 |
14.790 | 129.5 | 129.7 | 4.0 | 0.8 | 0.3 | 0.5 | 0.2 |
Electrical machinery and equipment and parts and accessories thereof |
85 |
10.772 | 82.1 | 82.2 | 0.4 | 0.4 | -0.2 | -0.4 | 0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
8.946 | 150.0 | 150.2 | 2.5 | 0.1 | 0.1 | -0.1 | 0.1 |
Motor vehicles and their parts |
87 |
6.740 | 124.8 | 124.9 | 1.4 | -0.2 | 0.1 | -0.4 | 0.1 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
5.516 | 116.9 | 117.0 | 2.6 | 0.3 | 1.2 | 0.3 | 0.1 |
Miscellaneous manufactured articles |
XX |
1.200 | 136.7 | 136.7 | 6.2 | 0.2 | -0.3 | 0.4 | 0.0 |
Furniture; stuffed furnishings; lamps and lighting fittings nesoi |
94 |
0.573 | 149.9 | 149.9 | -0.2 | 0.0 | -0.5 | 0.8 | 0.0 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
0.483 | 117.9 | 118.3 | 18.8 | 0.3 | -0.1 | 0.1 | 0.3 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | |||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
||||
Industrialized Countries(2) |
100.000 | 145.0 | 143.8 | -8.4 | -1.2 | -0.8 | 0.8 | -0.8 |
Nonmanufacturing |
10.879 | 244.9 | 227.7 | -37.7 | -9.7 | -2.3 | 4.8 | -7.0 |
Manufacturing |
88.545 | 136.8 | 136.7 | -2.7 | -0.1 | -0.6 | 0.3 | -0.1 |
Canada |
100.000 | 173.2 | 168.1 | -22.4 | -4.0 | -1.1 | 0.5 | -2.9 |
Nonmanufacturing |
30.701 | 240.7 | 223.2 | -39.0 | -10.6 | -2.3 | 5.0 | -7.3 |
Manufacturing |
68.246 | 158.6 | 156.9 | -12.0 | -0.9 | -0.8 | -1.3 | -1.1 |
European Union |
100.000 | 155.3 | 155.8 | 1.6 | 0.5 | -0.4 | 0.5 | 0.3 |
Manufacturing |
99.142 | 151.0 | 151.6 | 2.2 | 0.5 | -0.4 | 0.5 | 0.4 |
France (Dec. 2003=100) |
100.000 | 150.7 | 150.9 | 5.7 | 0.8 | 0.0 | 3.1 | 0.1 |
Germany (Dec. 2003=100) |
100.000 | 124.6 | 125.3 | 2.1 | 0.2 | -1.0 | -0.3 | 0.6 |
United Kingdom (Dec. 2003=100) |
100.000 | 137.6 | 136.9 | -0.9 | -1.0 | -0.9 | 2.2 | -0.5 |
Latin America(3) |
100.000 | 169.6 | 168.2 | -4.5 | 0.4 | -0.1 | 0.4 | -0.8 |
Nonmanufacturing |
13.760 | 317.0 | 303.5 | -22.6 | 0.8 | -3.4 | 2.9 | -4.3 |
Manufacturing |
85.937 | 137.6 | 137.3 | -0.4 | 0.4 | 0.5 | -0.1 | -0.2 |
Mexico (Dec. 2003=100) |
100.000 | 142.4 | 142.3 | -1.5 | 0.1 | -0.2 | 0.6 | -0.1 |
Nonmanufacturing (Dec. 2008=100) |
8.215 | 154.6 | 153.9 | -25.0 | 0.7 | -2.8 | 4.3 | -0.5 |
Manufacturing (Dec. 2008=100) |
91.485 | 98.0 | 98.1 | 2.0 | 0.2 | 0.0 | 0.2 | 0.1 |
Pacific Rim (Dec. 2003=100)(4) |
100.000 | 103.2 | 103.2 | -2.1 | -0.1 | -0.4 | -0.4 | 0.0 |
China (Dec. 2003=100) |
100.000 | 102.7 | 102.5 | -2.0 | -0.1 | -0.4 | -0.5 | -0.2 |
Japan |
100.000 | 101.1 | 100.9 | 0.6 | -0.2 | -0.4 | 0.5 | -0.2 |
Taiwan (Dec. 2018=100) |
100.000 | 110.7 | 109.5 | -2.1 | -0.3 | 0.1 | -0.4 | -1.1 |
Asian NICs(5) |
100.000 | 95.9 | 95.0 | -6.3 | 0.1 | -0.4 | -0.8 | -0.9 |
ASEAN (Dec. 2003=100)(6) |
100.000 | 103.2 | 102.1 | -3.7 | 0.0 | -0.3 | -0.1 | -1.1 |
Asia Near East (Dec. 2003=100)(7) |
100.000 | 219.9 | 212.8 | -21.5 | -0.5 | -1.7 | 1.6 | -3.2 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | |||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
||||
Industrialized Countries(2) |
100.000 | 120.7 | 119.5 | -6.1 | 0.5 | 0.0 | 0.0 | -1.0 |
Nonmanufacturing |
13.029 | 144.6 | 135.0 | -28.8 | 1.2 | -0.9 | 0.1 | -6.6 |
Manufacturing |
85.145 | 118.1 | 117.8 | -1.2 | 0.5 | 0.3 | -0.2 | -0.3 |
Canada |
100.000 | 128.6 | 127.5 | -3.9 | 0.2 | 0.4 | -0.5 | -0.9 |
Nonmanufacturing (Dec. 2020=100) |
7.723 | 136.1 | 128.2 | -33.2 | -0.1 | -2.0 | 1.6 | -5.8 |
Manufacturing (Dec. 2020=100) |
90.529 | 120.2 | 119.7 | 0.0 | 0.2 | 0.7 | -0.9 | -0.4 |
European Union |
100.000 | 118.5 | 116.2 | -7.0 | 0.0 | 0.0 | 1.1 | -1.9 |
Nonmanufacturing |
16.170 | 144.9 | 129.4 | -29.0 | 1.1 | -0.8 | 4.7 | -10.7 |
Manufacturing |
81.998 | 113.8 | 113.4 | -1.0 | 0.0 | 0.3 | 0.4 | -0.4 |
Germany |
100.000 | 116.8 | 116.5 | 2.0 | -0.2 | 0.0 | 1.1 | -0.3 |
Latin America(3) |
100.000 | 125.6 | 122.3 | -18.0 | -0.6 | -0.4 | -0.6 | -2.6 |
Nonmanufacturing |
9.373 | 145.2 | 134.1 | -46.7 | -8.5 | -1.9 | -3.7 | -7.6 |
Manufacturing |
89.993 | 124.3 | 121.7 | -13.4 | 0.2 | -0.2 | -0.3 | -2.1 |
Mexico |
100.000 | 125.3 | 122.8 | -14.7 | -0.9 | 0.2 | -0.3 | -2.0 |
Nonmanufacturing |
8.028 | 123.5 | 115.6 | -52.3 | -13.9 | -0.3 | -5.9 | -6.4 |
Manufacturing |
91.346 | 126.4 | 124.4 | -8.9 | 0.5 | 0.2 | 0.2 | -1.6 |
Pacific Rim(4) |
100.000 | 116.6 | 114.3 | -8.8 | 1.2 | -0.7 | 0.3 | -2.0 |
Nonmanufacturing |
22.442 | 131.8 | 122.4 | -26.8 | 3.4 | -2.7 | 1.5 | -7.1 |
Manufacturing |
76.333 | 114.4 | 113.8 | -0.7 | 0.9 | -0.1 | 0.0 | -0.5 |
China |
100.000 | 112.1 | 109.8 | -11.5 | 1.7 | -0.4 | -0.3 | -2.1 |
Nonmanufacturing |
29.195 | 120.0 | 112.8 | -26.8 | 4.1 | -1.8 | 1.4 | -6.0 |
Manufacturing |
69.693 | 111.5 | 111.1 | -2.0 | 0.7 | 0.3 | -0.9 | -0.4 |
Japan |
100.000 | 116.5 | 113.9 | -12.9 | 1.1 | -1.1 | -0.8 | -2.2 |
Nonmanufacturing |
26.947 | 140.8 | 130.1 | -30.5 | 4.2 | -1.8 | -1.0 | -7.6 |
Manufacturing |
71.819 | 109.7 | 109.3 | -2.8 | 0.4 | -0.5 | -0.6 | -0.4 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Index | Percent change | |||||
---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | ||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
|||
Industrialized Countries(2) |
101.9 | 101.7 | 2.5 | 1.7 | 0.9 | -0.8 | -0.2 |
Canada |
97.6 | 99.7 | 23.9 | 4.4 | 1.5 | -1.0 | 2.2 |
European Union |
102.7 | 100.4 | -8.5 | -0.5 | 0.4 | 0.7 | -2.2 |
Germany |
107.9 | 107.0 | -0.1 | -0.4 | 1.0 | 1.4 | -0.8 |
Latin America(3) |
110.3 | 108.3 | -14.2 | -1.0 | -0.4 | -0.9 | -1.8 |
Mexico |
113.5 | 111.3 | -13.4 | -1.0 | 0.4 | -1.0 | -1.9 |
Pacific Rim(4) |
111.2 | 109.0 | -6.8 | 1.3 | -0.3 | 0.7 | -2.0 |
China |
109.3 | 107.2 | -9.8 | 1.8 | 0.0 | 0.3 | -1.9 |
Japan |
110.0 | 107.8 | -13.3 | 1.3 | -0.7 | -1.3 | -2.0 |
Footnotes |
|||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Apr. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Apr. 2023 |
May 2023 |
Annual | Monthly | |||||
May 2022 to May 2023 |
Jan. 2023 to Feb. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
||||
Air Freight |
||||||||
Import Air Freight |
100.000 | 238.1 | 227.4 | -37.7 | -4.6 | -2.8 | 2.3 | -4.5 |
Europe (Dec. 2003=100) |
28.235 | 219.9 | 225.3 | -35.9 | -0.6 | -5.0 | -14.6 | 2.5 |
Asia |
71.294 | 225.8 | 209.0 | -39.2 | -6.4 | -2.0 | 11.1 | -7.4 |
Export Air Freight |
100.000 | 187.7 | 181.6 | -15.4 | 2.6 | -6.8 | -0.8 | -3.2 |
Europe (Dec. 2006=100) |
24.914 | 145.0 | 139.8 | -22.5 | -5.7 | -1.5 | -2.8 | -3.6 |
Asia (Dec. 2011=100) |
53.092 | 147.7 | 142.1 | -14.5 | 5.9 | -8.7 | -0.5 | -3.8 |
Inbound Air Freight |
100.000 | 169.5 | 167.5 | -38.2 | -4.2 | -4.9 | -1.2 | -1.2 |
Europe (Dec. 2003=100) |
29.287 | 159.5 | 163.8 | -28.7 | -1.9 | -2.7 | -10.8 | 2.7 |
Asia |
58.372 | 151.6 | 147.1 | -45.4 | -5.2 | -7.3 | 4.3 | -3.0 |
Outbound Air Freight |
100.000 | 184.5 | 176.4 | -19.7 | 9.4 | -7.6 | -5.8 | -4.4 |
Europe (Dec. 2003=100) |
28.305 | 174.7 | 170.8 | -18.7 | 1.4 | -3.9 | -7.7 | -2.2 |
Asia |
55.121 | 204.1 | 190.7 | -20.3 | 16.2 | -10.5 | -5.4 | -6.6 |
Air Passenger Fares |
||||||||
Import Air Passenger Fares |
100.000 | 170.7 | 184.4 | 6.3 | 2.1 | 1.9 | -5.4 | 8.0 |
Europe |
44.817 | 189.3 | 216.7 | 10.7 | -2.9 | 1.6 | -2.3 | 14.5 |
Asia |
5.977 | 174.0 | 185.0 | -6.6 | -0.2 | -1.5 | 3.6 | 6.3 |
Latin America/Caribbean |
17.814 | 167.3 | 151.4 | 20.2 | 10.3 | 5.7 | -5.7 | -9.5 |
Export Air Passenger Fares |
100.000 | 191.8 | 181.2 | 0.4 | -13.7 | 6.4 | 0.6 | -5.5 |
Europe |
18.820 | 210.8 | 223.1 | 4.0 | -5.3 | 2.1 | -1.9 | 5.8 |
Asia |
11.089 | 194.2 | 201.4 | 0.9 | -14.4 | -8.7 | 8.1 | 3.7 |
Latin America/Caribbean |
57.713 | 206.5 | 179.7 | 5.1 | -18.3 | 12.4 | 1.6 | -13.0 |
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. Email Subscription - The U.S. import and export price indexes news release is available through an email subscription service at www.bls.gov/bls/list.htm. Additional Information - More detailed data are available on the Import/Export Price Indexes home page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to mxpinfo@bls.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.