U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                         USDL-26-0903
8:30 a.m. (ET) Tuesday, June 16, 2026

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 2026

U.S. import prices increased 1.9 percent in May, the U.S. Bureau of Labor Statistics reported today, 
following a 2.0-percent rise in April. Higher prices for fuel imports and nonfuel imports drove the advance 
in May. Prices for U.S. exports increased 1.3 percent in May, after rising 3.5 percent the previous month.

Imports

Prices for U.S. imports advanced 1.9 percent in May following increases of 2.0 percent in April and 0.9 
percent in March. Prices for U.S. imports rose 6.7 percent from May 2025 to May 2026, the largest over-
the-year advance since the index increased 7.7 percent in August 2022. (See table 1.)

Fuel Imports: Fuels and lubricants import prices increased 12.5 percent in May following a rise of 18.6 
percent in April and an advance of 10.2 percent in March. The 47.0-percent rise from February to May was 
the largest 3-month advance since the index increased 58.3 percent for the 3-month period ended July 2020. 
Higher prices for petroleum and natural gas drove the May advance, increasing 13.0 percent and 10.4 
percent, respectively. Import fuels and lubricants prices rose 45.1 percent from May 2025 to May 2026, the 
largest over-the-year advance since the index rose 46.4 percent for the 12-month period ended August 2022. 
The price index for petroleum imports increased 48.1 percent over the 12 months ended May 2026 and 
prices for natural gas imports advanced 35.3 percent over the same period.

All Imports Excluding Fuel: Prices for nonfuel imports increased 0.8 percent in May, after advancing 0.6 
percent in April. In May, higher prices for capital goods; nonfuel industrial supplies and materials; 
consumer goods, excluding automotives; and automotive vehicles, parts, and engines more than offset lower 
prices for foods, feeds, and beverages. Nonfuel import prices increased 3.7 percent from May 2025 to May 
2026, the largest over-the-year advance since the index rose 3.9 percent for the 12 months ended August 
2022. Higher prices for capital goods; nonfuel industrial supplies and materials; and consumer goods, 
excluding automotives, more than offset lower prices for foods, feeds, and beverages as well as automotive 
vehicles, parts, and engines for the 12 months ended in May.

Foods, Feeds, and Beverages: Import foods, feeds, and beverages prices decreased 0.1 percent in May, the 
first monthly decline since the index fell 0.7 percent in November 2025. The May drop follows increases of 
0.3 percent in April and 1.1 percent in March. In May, lower prices for vegetables, fruit, and green coffee 
more than offset higher prices for other animal and vegetable preparations and products; fish and shellfish; 
as well as wine, beer, and related products.

Nonfuel Industrial Supplies and Materials: Import prices for nonfuel industrial supplies and materials rose 
1.0 percent in May, after a 1.5-percent increase in April. Higher prices for chemicals and finished nonmetals 
(boxes, belting, glass, etc.) more than offset lower prices for major nonferrous metals-crude in May.

Finished Goods: Finished goods import prices were up in May. Import capital goods prices increased 1.3 
percent for the month. Higher prices for computers, peripherals, and semiconductors; scientific and medical 
machinery; and industrial and service machinery drove the advance. The price index for import consumer 
goods, excluding automotives, increased 0.5 percent in May, the largest monthly advance since the index 
rose 1.1 percent in January 2024. Higher prices for apparel, footwear, and household goods as well as coins, 
gems, jewelry, and collectibles contributed to the advance in May. Import prices for automotive vehicles, 
parts, and engines increased 0.3 percent in May.

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
2025
May	-0.5	-5.0	-0.1	-0.7	0.2	-0.8
June	-0.1	0.6	-0.3	0.5	0.8	0.6
July	0.3	2.7	0.2	0.3	-0.2	0.3
August	-0.1	-0.7	-0.2	0.1	-0.1	0.2
September	-0.1	-1.5	0.0	0.0	-0.5	0.1
October	-	-	-	-	0.4	-
November	-	-	-	-	0.8	-
December	0.1	-1.1	0.2	0.6	-0.2	0.7
2026
January	0.5	-1.2	0.7	0.5	0.1	0.5
February	1.0	2.5	0.8	1.9	0.8	2.1
March	0.9	(r)10.2	0.2	(r)1.6	0.6	1.6
April	(r)2.0	(r)18.6	(r)0.6	(r)3.5	(r)1.7	(r)3.7
May	1.9	12.5	0.8	1.3	1.2	1.2
May 2024 to 2025	-0.4	-16.5	1.2	1.9	1.6	1.8
May 2025 to 2026	6.7	45.1	3.7	11.2	5.5	11.8
Footnotes (r) Revised
Some Oct and Nov 2025 data values are not available due to the 2025 lapse in appropriations.

Exports 

Prices for U.S. exports rose 1.3 percent in May, the sixth consecutive monthly advance for the index. The 
monthly rise was led by higher prices for nonagricultural exports; agricultural export prices also contributed 
to the advance. U.S. export prices increased 11.2 percent over the 12-month period ended in May, the 
largest over-the-year advance since the index rose 11.2 percent from August 2021 to August 2022. 
(See table 2.)

Agricultural Exports: The price index for agricultural exports increased 1.2 percent in May following a 
1.7-percent advance in April. Agricultural export prices have not recorded a monthly decline since 
December 2025. Higher prices for dairy products and eggs, meat, and vegetables drove the rise in May. 
Agricultural export prices advanced 5.5 percent over the past 12 months, as higher prices for soybeans, 
meat, as well as other foods and food preparations drove the increase.

All Exports Excluding Agriculture: Nonagricultural export prices increased 1.2 percent in May, after 
rising 7.6 percent from January to April. Higher prices for nonagricultural industrial supplies and materials; 
capital goods; consumer goods, excluding automotives; and automotive vehicles, parts, and engines drove 
the advance in May. The price index for nonagricultural exports rose 11.8 percent from May 2025 to May 
2026, the largest over-the-year advance since the index increased 12.9 percent for the 12-month period 
ended July 2022. Higher prices for nonagricultural industrial supplies and materials; capital goods; and 
consumer goods, excluding automotives, contributed to the 12-month rise of the index in May.

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials prices 
increased 2.4 percent in May, after rising 7.9 percent the previous month. Higher prices for petroleum, 
chemicals, and nonferrous metals more than offset lower prices for natural gas in May.

Finished Goods: Finished goods export prices were up in May. Capital goods prices increased 0.5 percent. 
Higher prices for industrial and service machinery; computers, peripherals, and semiconductors; and 
scientific and medical machinery contributed to the increase. Consumer goods, excluding automotives, 
prices rose 0.2 percent in May and prices for automotive vehicles, parts, and engines ticked up 0.1 percent.

More information for the major import and export price indexes can be found at 
www.bls.gov/web/ximpim/largest.htm.

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Import prices from China increased 0.9 percent in May and rose 1.1 
percent over the past 12 months. The increase in May was the largest 1-month advance since the index rose 
0.9 percent in January 2008. Prices for imports from Japan increased 0.4 percent in May following an 
advance of 0.5 percent in April. The price index for imports from Japan rose 2.0 percent over the past 12 
months, the largest over-the-year advance since the index increased 2.0 percent for the 12 months ended 
January 2023. The price index for imports from the European Union increased 0.6 percent in May and 
import prices from Mexico advanced 0.2 percent, after rising 1.2 percent the previous month. Prices for 
imports from Canada increased 4.9 percent in May and rose 18.3 percent over the past 12 months. The 12-
month advance is the largest such movement since the index increased 19.0 percent in August 2022. The 
over-the-year increase in May was driven by a 40.2-percent rise in import nonmanufacturing prices from 
Canada. (See table 7.)
	
Exports by Locality of Destination: Prices for exports to China rose 1.5 percent in May. The price index 
for exports to China increased 5.5 percent over the past 12 months, the largest over-the-year rise since the 
index increased 7.4 percent in August 2022. Prices for exports to Japan decreased 0.2 percent in May 
following an increase of 1.8 percent in April and a decrease of 0.9 percent in March. Despite the recent 
declines, export prices to Japan increased 8.7 percent over the past 12 months, the largest year-over-year 
rise since the index advanced 10.2 percent from August 2021 to August 2022. The price index for exports to 
the European Union rose 1.5 percent in May and export prices to Mexico increased 1.8 percent, after 
advancing 2.7 percent the previous month. Prices for exports to Canada increased 0.9 percent in May. 
(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. The U.S. terms of trade index with China 
rose 0.5 percent in May following a 0.7-percent increase in April. In May, higher export prices to China 
more than offset rising import prices from China. The index for U.S. terms of trade with Japan decreased 0.6 
percent in May. The U.S. terms of trade index with the European Union and Mexico increased in May, 
rising 0.8 percent and 1.6 percent, respectively. In May, the U.S. terms of trade index with Canada 
decreased 3.7 percent, as higher import prices from Canada more than offset rising export prices to Canada. 
(See table 9.)

Import and Export Services

Imports: Import air passenger fares increased 11.3 percent in May, after a decrease of 2.7 percent in April. 
The increase in May is the largest monthly advance since the index rose 14.0 percent in September 2025. 
Import air passenger fares increased 5.4 percent over the past year. Prices for import air freight increased 
18.8 percent in May and advanced 27.6 percent over the past 12 months. The over-the-year rise was the 
largest increase since the index advanced 35.2 percent for the 12 months ended November 2021. 
(See table 10.)

Exports: Export air passenger fares decreased 3.3 percent in May following a 5.2-percent increase the 
previous month. Lower Latin American/Caribbean and Asian fares more than offset higher European fares. 
The price index for export air passenger fares increased 3.9 percent from May 2025 to May 2026. Export air 
freight prices rose 4.3 percent in May following a 9.0-percent advance in April. The index advanced 12.4 
percent over the past year, the largest 12-month increase since the index rose 13.1 percent in October 2022. 

The U.S. Import and Export Price Indexes news release for June 2026 is scheduled to be published on 
Friday, July 17, 2026, at 8:30 a.m. (ET).

Table 1. U.S. import price indexes and percent changes for End Use categories of goods: May 2025 to May 2026 [2000=100, unless otherwise noted]

Description	End Use	Relative import- ance Apr. 2026(1)	Index		Percent change
			Apr. 2026	May 2026	Annual	Monthly
					May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
All commodities		100.000	147.7	150.5	6.7	1.0	0.9	2.0	1.9
All imports excluding food and fuels (Dec. 2010=100)		84.189	113.2	114.3	4.2	0.9	0.1	0.6	1.0
All imports excluding petroleum		91.576	129.8	130.9	3.8	0.9	0.0	0.5	0.8
All imports excluding fuels (Dec. 2001=100)		90.970	133.9	135.0	3.7	0.8	0.2	0.6	0.8
Foods, feeds, & beverages	0	6.781	229.7	229.4	-1.9	0.3	1.1	0.3	-0.1
Agricultural foods, feeds & beverages, excluding distilled beverages	00	5.630	262.1	261.4	-1.4	0.2	1.1	0.5	-0.3
Nonagricultural foods (fish, distilled beverages)	01	1.151	150.4	151.2	-4.2	0.8	0.7	-0.3	0.5
Industrial supplies & materials	1	23.702	279.2	294.2	22.2	2.3	2.8	7.4	5.4
Industrial supplies & materials excluding petroleum		15.319	230.7	233.5	10.4	2.2	-1.9	0.8	1.2
Industrial supplies & materials excluding fuels (Dec. 2001=100)		14.668	259.9	262.6	10.3	2.3	-0.8	1.5	1.0
Industrial supplies & materials, durable		10.132	269.0	270.1	15.5	2.7	-0.9	1.5	0.4
Industrial supplies & materials nondurable excluding petroleum		5.147	183.9	188.9	2.1	1.2	-3.5	-0.5	2.7
Fuels & lubricants	10	9.030	320.3	360.2	45.1	2.5	10.2	18.6	12.5
Petroleum & petroleum products	100	8.424	348.9	394.3	48.1	2.7	14.0	21.6	13.0
Crude petroleum	10000	5.799	345.7	393.5	45.5	2.2	11.5	22.3	13.8
Fuels, n.e.s.-coals & gas	101	0.369	168.3	182.9	24.0	1.5	-24.6	-17.7	8.7
Natural gas	10110	0.294	163.1	180.0	35.3	1.8	-29.2	-19.6	10.4
Paper & paper base stocks	11	0.415	128.1	128.4	-5.6	0.7	-0.7	0.3	0.2
Materials associated with nondurable supplies & materials	12	4.125	203.4	208.7	1.4	1.3	-0.3	1.6	2.6
Selected building materials (Jan. 2025=100)	13	1.343	93.9	95.1	-2.8	1.4	0.0	0.1	1.3
Unfinished metals related to durable goods	14	4.226	455.2	447.6	27.7	5.3	1.4	-0.4	-1.7
Finished metals related to durable goods	15	3.014	286.3	289.0	14.4	1.2	-5.5	6.0	0.9
Nonmetals related to durable goods (Jan. 2025=100)	16	1.548	99.2	103.5	6.3	0.2	0.4	0.0	4.3
Capital goods	2	30.759	98.4	99.7	5.6	1.3	0.6	0.9	1.3
Nonelectrical machinery	21	24.331	89.5	90.9	7.1	1.5	0.7	1.6	1.6
Transportation equipment excluding motor vehicles (Dec. 2001=100)	22	1.957	165.5	165.7	2.0	0.2	1.0	0.1	0.1
Automotive vehicles, parts & engines	3	14.341	120.3	120.7	-0.4	0.1	0.0	-0.1	0.3
Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100)	30	14.341	101.0	101.3	-0.4	0.1	0.0	-0.1	0.3
Consumer goods, excluding automotives	4	24.416	110.8	111.4	1.7	0.2	0.2	0.2	0.5
Nondurables, manufactured	40	13.196	126.7	127.6	1.3	0.1	0.4	0.1	0.7
Durables, manufactured	41	10.521	96.1	96.5	2.7	0.3	0.3	0.2	0.4
Nonmanufactured consumer goods	42	0.698	119.3	119.3	-2.8	-0.7	-4.9	1.2	0.0
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = Not available

Table 2. U.S. export price indexes and percent changes for End Use categories of goods: May 2025 to May 2026 [2000=100, unless otherwise noted]

Description	End Use	Relative import- ance Apr. 2026(1)	Index		Percent change
			Apr. 2026	May 2026	Annual	Monthly
					May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
All commodities		100.000	166.5	168.6	11.2	1.9	1.6	3.5	1.3
Agricultural commodities		8.637	240.3	243.2	5.5	0.8	0.6	1.7	1.2
All exports excluding food and fuels (Dec. 2010=100)		71.945	126.4	127.5	6.1	1.0	0.0	0.8	0.9
All exports excluding fuels (June 2022=100)		80.167	109.1	110.0	6.1	0.8	0.2	0.8	0.8
Nonagricultural commodities		91.363	160.5	162.5	11.8	2.1	1.6	3.7	1.2
Foods, feeds, & beverages	0	8.222	247.5	249.6	5.6	1.2	0.6	1.7	0.8
Agricultural foods, feeds & beverages, excluding distilled beverages	00	7.769	248.7	251.3	5.6	1.2	0.5	1.7	1.0
Nonagricultural foods (fish, distilled beverages)	01	0.454	221.1	216.2	5.7	0.9	2.0	0.9	-2.2
Industrial supplies & materials	1	41.469	246.1	252.0	24.7	4.6	3.8	7.8	2.4
Industrial supplies & materials excluding fuels (Dec. 2020=100)		21.563	143.2	146.2	14.6	2.6	0.1	1.6	2.1
Industrial supplies & materials, durable		12.151	294.1	298.6	21.5	3.9	-0.7	-0.6	1.5
Industrial supplies & materials, nondurable		29.318	225.3	231.5	25.9	4.9	6.1	11.7	2.8
Agricultural industrial supplies & materials	10	0.868	194.5	199.4	4.1	-2.7	0.7	2.2	2.5
Nonagricultural industrial supplies & materials		40.600	247.6	253.5	25.2	4.8	3.9	7.9	2.4
Fuels & lubricants	11	19.833	292.6	300.7	37.6	7.4	8.9	15.6	2.8
Nonagricultural supplies & materials excluding fuels & building materials	12	20.046	243.2	248.4	15.4	2.9	0.0	1.5	2.1
Selected building materials	13	0.722	166.8	165.9	3.9	2.0	0.2	0.6	-0.5
Capital goods	2	30.599	128.8	129.5	3.0	0.1	0.1	0.7	0.5
Nonelectrical machinery	21	21.084	106.6	107.4	3.4	0.0	-0.1	1.1	0.8
Transportation equipment excluding motor vehicles (Dec. 2001=100)	22	5.913	230.6	230.6	2.4	-0.2	0.3	-0.2	0.0
Automotive vehicles, parts & engines	3	7.705	134.1	134.2	1.2	0.0	0.1	-0.1	0.1
Vehicles-passenger (Dec. 2023=100)	30	7.705	105.5	105.5	1.2	0.0	0.1	-0.1	0.0
Consumer goods, excluding automotives	4	12.005	123.3	123.5	3.4	0.7	-0.1	0.2	0.2
Nondurables, manufactured	40	7.067	113.0	113.4	3.6	0.8	0.0	0.4	0.4
Durables, manufactured	41	4.247	130.0	129.6	4.7	0.5	0.4	0.2	-0.3
Nonmanufactured consumer goods (Dec. 2018=100)	42	0.691	112.8	112.8	-5.4	0.0	-4.6	0.1	0.0
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = Not available

Table 3. U.S. import price indexes and percent changes for NAICS industries: May 2025 to May 2026 [December 2005=100, unless otherwise noted]

Description	NAICS	Relative import- ance Apr. 2026(1)	Index		Percent change
			Apr. 2026	May 2026	Annual	Monthly
					May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Nonmanufacturing		8.516	170.3	186.3	29.2	1.6	5.8	13.4	9.4
Agriculture, forestry, fishing and hunting	11	2.119	266.7	261.2	-2.1	0.7	3.7	0.9	-2.1
Crop production	111	1.750	282.9	275.8	-3.4	0.6	4.2	0.9	-2.5
Animal production (Dec. 2022=100)	112	0.233	136.1	135.0	7.9	-0.4	1.6	1.9	-0.8
Forestry and logging (Jan. 2025=100)	113	0.096	93.4	96.3	0.2	3.4	-0.6	4.1	3.1
Fishing, hunting and trapping (Jan. 2025=100)	114	0.041	91.4	90.8	2.6	6.5	8.6	-12.6	-0.7
Mining	21	6.397	159.9	181.0	42.4	2.1	6.6	18.3	13.2
Oil and gas extraction	211	6.187	157.4	178.7	43.6	2.1	6.9	18.9	13.5
Mining (except oil and gas) (Dec. 2022=100)	212	0.210	131.1	136.8	10.5	0.5	1.5	1.2	4.3
Manufacturing		91.095	127.3	128.8	4.7	0.9	0.5	1.1	1.2
Manufacturing, part 1	31	9.912	139.4	140.9	-0.4	0.1	-0.1	0.4	1.1
Food manufacturing	311	4.411	205.6	207.3	-0.2	-0.2	0.1	0.6	0.8
Beverage and tobacco product manufacturing	312	0.887	123.9	124.6	-9.1	2.1	-0.7	0.6	0.6
Textile mills (Dec. 2023=100)	313	0.276	100.6	104.0	3.4	0.5	0.3	0.2	3.4
Textile product mills (Dec. 2023=100)	314	0.686	96.7	98.2	1.8	1.2	1.2	0.5	1.6
Apparel manufacturing	315	2.435	113.4	114.8	0.3	-0.1	-1.0	0.4	1.2
Manufacturing, part 2	32	19.041	143.7	147.5	6.0	0.6	2.3	2.5	2.6
Wood product manufacturing (Jan. 2025=100)	321	0.709	92.9	93.2	-4.8	2.0	0.7	0.8	0.3
Paper manufacturing	322	0.748	112.7	113.9	-2.2	0.3	0.2	-0.2	1.1
Petroleum and coal products manufacturing	324	2.397	168.1	188.3	57.3	3.8	21.5	20.8	12.0
Chemical manufacturing	325	11.920	151.0	152.6	1.3	0.3	0.5	0.5	1.1
Plastics and rubber products manufacturing	326	2.270	127.1	130.1	2.0	0.1	-0.4	0.2	2.4
Nonmetallic mineral product manufacturing	327	0.874	140.0	143.1	0.8	-0.6	0.6	-0.8	2.2
Manufacturing, part 3	33	62.142	119.3	120.3	5.2	1.1	0.1	0.7	0.8
Primary metal manufacturing	331	5.821	330.4	327.5	26.8	4.7	-2.3	1.7	-0.9
Fabricated metal product manufacturing	332	2.963	145.3	148.9	3.8	0.4	0.1	3.3	2.5
Machinery manufacturing	333	7.877	136.1	136.3	2.4	0.1	0.3	0.2	0.1
Computer and electronic product manufacturing	334	17.923	75.5	77.0	7.7	1.9	0.8	1.9	2.0
Electrical equipment, appliance, and component manufacturing	335	6.117	125.3	125.4	-1.3	0.0	-0.1	-1.1	0.1
Transportation equipment manufacturing	336	14.934	120.0	120.4	0.0	0.2	0.2	-0.1	0.3
Miscellaneous manufacturing	339	5.049	137.6	138.9	5.3	1.1	-0.1	-0.5	0.9
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = Not available

Table 4. U.S. export price indexes and percent changes for NAICS industries: May 2025 to May 2026 [December 2005=100, unless otherwise noted]

Description	NAICS	Relative import- ance Apr. 2026(1)	Index		Percent change
			Apr. 2026	May 2026	Annual	Monthly
					May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Nonmanufacturing		16.493	206.9	211.1	27.6	7.5	3.9	11.6	2.0
Agriculture, forestry, fishing and hunting	11	4.127	190.4	191.2	4.4	0.8	0.6	2.4	0.4
Crop production	111	3.895	202.4	203.3	4.4	0.9	0.7	2.4	0.4
Animal production (Jan. 2025=100)	112	0.107	106.8	107.7	10.1	-5.1	1.2	4.0	0.8
Forestry and logging (Jan. 2025=100)	113	0.093	99.3	99.8	-3.9	0.2	-2.3	2.2	0.5
Fishing, hunting and trapping (Jan. 2025=100)	114	0.032	99.6	95.1	10.7	10.9	-1.9	3.3	-4.5
Mining	21	12.366	138.8	142.4	37.6	10.4	5.2	15.0	2.6
Oil and gas extraction (Dec. 2021=100)	211	11.184	126.9	130.9	39.9	10.8	5.7	17.2	3.2
Mining (except oil and gas)	212	1.182	136.1	132.4	19.1	6.7	1.8	-1.8	-2.7
Manufacturing		81.691	147.7	149.4	8.1	0.8	1.1	2.1	1.2
Manufacturing, part 1	31	5.831	180.8	183.6	6.7	0.8	0.3	1.7	1.5
Food manufacturing	311	4.264	214.1	217.8	6.3	1.0	0.4	1.2	1.7
Beverage and tobacco product manufacturing	312	0.485	139.9	138.2	4.1	-1.3	1.4	2.8	-1.2
Manufacturing, part 2	32	25.764	148.5	151.7	13.3	1.1	3.9	5.9	2.2
Wood product manufacturing (Dec. 2017=100)	321	0.399	135.2	134.5	2.0	-0.5	-1.3	1.3	-0.5
Paper manufacturing (Jan. 2025=100)	322	1.199	99.8	99.8	-2.8	-1.0	0.7	1.6	0.0
Petroleum and coal products manufacturing	324	7.290	174.1	179.5	40.3	2.4	15.2	15.8	3.1
Chemical manufacturing	325	14.172	141.1	144.1	6.3	1.0	0.9	2.9	2.1
Plastics and rubber products manufacturing	326	1.941	138.5	140.2	3.5	-0.9	-1.9	1.1	1.2
Nonmetallic mineral product manufacturing	327	0.606	140.2	140.5	3.6	1.7	-0.4	0.9	0.2
Manufacturing, part 3	33	50.096	143.9	144.7	5.7	0.7	-0.1	0.3	0.6
Primary metal manufacturing	331	5.661	348.3	352.8	30.3	4.1	-0.9	-2.2	1.3
Machinery manufacturing	333	8.177	158.4	159.5	3.6	0.2	0.3	0.1	0.7
Computer and electronic product manufacturing	334	12.681	86.3	87.2	3.9	0.0	0.2	2.0	1.0
Transportation equipment manufacturing	336	12.661	156.5	156.5	1.6	-0.1	0.2	-0.2	0.0
Furniture and related product manufacturing (Dec. 2023=100)	337	0.288	113.0	113.0	7.4	0.3	-0.3	0.9	0.0
Miscellaneous manufacturing	339	4.188	147.6	147.9	3.3	0.6	-0.6	0.2	0.2
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = Not available

Table 5. U.S. import price indexes and percent changes for Harmonized categories of goods: May 2025 to May 2026 [2000=100, unless otherwise noted]

Description	Harmo- nized system	Relative importance Apr. 2026(1)	Index		Percent change
			Apr. 2026	May 2026	Annual	Monthly
					May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Live animals; animal products	I	1.526	266.5	266.2	4.6	-0.2	0.6	0.9	-0.1
Meat and edible meat offal	02	0.528	399.9	401.5	6.6	-1.0	0.0	1.9	0.4
Fish and crustaceans, molluscs and other aquatic invertebrates	03	0.669	164.5	164.7	4.2	-0.5	2.2	-0.6	0.1
Dairy products, eggs, and honey (Jan. 2025=100)	04	0.139	99.7	100.5	-0.3	-1.1	-1.4	-0.3	0.8
Vegetable products	II	2.113	278.8	273.9	-1.4	0.2	3.5	1.2	-1.8
Live trees & plants; bulbs, roots; cut flowers and ornamental foliage (Jan. 2025=100)	06	0.140	85.7	87.2	4.3	-0.8	-9.7	9.7	1.8
Edible vegetables, roots, and tubers	07	0.534	126.1	118.7	18.7	3.9	15.1	4.9	-5.9
Edible fruit and nuts; peel of citrus fruit or melons	08	0.708	122.4	120.1	-8.1	0.5	3.5	0.8	-1.9
Coffee, tea, mate and spices	09	0.423	385.9	383.5	-13.3	-3.3	-2.8	-4.1	-0.6
Cereals (Jan. 2025=100)	10	0.089	95.6	95.9	-1.3	0.4	4.1	-0.5	0.3
Milling industry products; malt; starches; inulin; wheat gluten (Jan. 2025=100)	11	0.082	94.2	94.0	-0.3	0.0	0.8	1.1	-0.2
Oilseeds & misc grains, seeds, plants, straw & fodder (Jan. 2025=100)	12	0.084	98.7	104.5	7.2	-3.3	3.4	-1.7	5.9
Animal or vegetable fats and oils (Dec. 2009=100)	III	0.582	170.6	175.9	8.7	2.2	-0.4	5.1	3.1
Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100)	15	0.582	114.8	118.4	8.7	2.1	-0.4	5.0	3.1
Prepared foodstuffs, beverages, and tobacco	IV	3.105	200.0	200.7	-7.1	0.5	-0.3	-0.3	0.4
Sugars and sugar confectionary (Dec. 2021=100)	17	0.199	115.7	117.6	-3.5	-1.7	4.5	-0.7	1.6
Cocoa and cocoa preparations (Dec. 2009=100)	18	0.281	239.2	232.0	-28.1	-1.0	-2.2	-4.9	-3.0
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)	19	0.481	98.5	98.5	0.6	0.8	-0.3	-0.3	0.0
Preparations of vegetables, fruit, nuts, or other parts of plants (Jan. 2025=100)	20	0.434	96.0	97.3	-1.7	-0.6	-1.1	0.2	1.4
Miscellaneous edible preparations (Dec. 2022=100)	21	0.391	96.5	97.9	-0.2	0.3	0.5	-0.9	1.5
Beverages, spirits, and vinegar	22	0.835	133.4	134.1	-9.9	2.4	-1.3	0.7	0.5
Residues and waste from the food industries; prepared animal feed (Jan. 2025=100)	23	0.147	91.6	90.5	-6.7	-0.9	0.6	1.6	-1.2
Tobacco and manufactured tobacco substitutes (Jan. 2025=100)	24	0.108	102.6	98.8	-1.9	0.6	2.4	1.9	-3.7
Mineral products	V	8.899	330.9	373.4	45.5	2.4	10.2	18.6	12.8
Salt; sulfur; earths and stone; plaster materials, lime & cement (Jan. 2025=100)	25	0.168	110.7	114.1	14.2	4.1	2.7	0.7	3.1
Ores, slag and ash (Jan. 2025=100)	26	0.112	103.6	111.6	8.2	-4.8	0.9	0.6	7.7
Mineral fuels, oils and residuals, bituminous substances and mineral waxes	27	8.620	323.7	366.1	46.9	2.5	10.5	19.4	13.1
Products of the chemical or allied industries	VI	11.416	172.4	173.7	1.3	0.1	0.5	0.3	0.8
Inorganic chemicals (Dec. 2024=100)	28	0.547	95.0	94.1	2.0	-1.0	-1.1	-0.7	-0.9
Organic chemicals	29	1.928	123.2	125.5	-5.1	1.0	0.7	2.1	1.9
Pharmaceutical products	30	6.742	161.3	161.6	3.7	-0.1	0.8	-0.1	0.2
Fertilizers (Dec. 2022=100)	31	0.324	72.9	77.0	16.0	-0.1	2.3	4.3	5.6
Soap, lubricants; waxes, candles, polishing products, and modeling paste (Dec. 2024=100)	34	0.188	99.1	100.8	1.2	0.2	1.5	-1.7	1.7
Albuminoidal substances; modified starches; glues; enzymes (Jan. 2025=100)	35	0.110	97.2	96.9	3.3	0.3	-1.5	2.3	-0.3
Miscellaneous chemical products	38	0.704	109.8	110.4	0.7	1.1	0.9	-1.9	0.5
Plastics and articles thereof; rubber and articles thereof	VII	3.216	150.0	155.5	3.3	0.3	-0.3	1.1	3.7
Plastics and articles thereof	39	2.208	147.6	154.1	5.3	0.6	0.1	1.7	4.4
Rubber and articles thereof	40	1.008	157.3	160.6	-0.8	-0.1	-1.0	-0.1	2.1
Raw hides, skins, leather, furskins, travel goods, etc (Dec. 2025=100)	VIII	0.413	98.5	99.3	-	0.1	-0.6	-0.4	0.8
Articles of leather; travel goods, bags, etc. of various materials (Dec. 2025=100)	42	0.395	98.3	99.0	-	0.2	-0.9	-0.4	0.7
Wood, wood charcoal, cork, straw, basketware and wickerwork (Jan. 2025=100)	IX	0.724	92.9	93.5	-5.0	1.7	1.0	0.3	0.6
Wood and articles of wood; wood charcoal (Jan. 2025=100)	44	0.695	92.4	93.4	-5.0	1.9	0.3	0.7	1.1
Woodpulp, recovered paper, and paper products (Jan. 2025=100)	X	0.835	95.6	96.0	-2.2	0.3	-0.2	-0.1	0.4
Pulp wood, waste paper, and paperboard (Jan. 2025=100)	47	0.116	88.9	87.3	-16.5	1.0	-1.3	0.8	-1.8
Paper and paperboard; articles of paper pulp, paper or paperboard (Jan. 2025=100)	48	0.557	95.9	96.9	0.4	0.4	0.0	-0.4	1.0
Textile and textile articles	XI	3.312	115.2	116.9	0.4	0.3	-0.4	0.3	1.5
Manmade filaments, yarns and woven fabrics (Jan. 2025=100)	54	0.053	93.9	99.8	0.7	1.0	-0.3	-0.1	6.3
Manmade staple fibers, yarns & woven fabrics (Jan. 2025=100)	55	0.046	94.0	95.8	-1.0	-3.1	1.9	-0.4	1.9
Wadding, felt and nonwovens; special yarns; twine, cordage, and ropes (Jan. 2025=100)	56	0.085	96.7	101.4	2.6	2.8	-3.3	1.4	4.9
Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100)	61	1.322	94.4	95.2	-0.2	-0.3	-1.2	0.5	0.8
Articles of apparel and clothing accessories, not knitted or crocheted	62	1.028	122.1	123.8	0.0	0.7	-0.8	0.2	1.4
Made-up or worn textile articles (Dec. 2023=100)	63	0.494	94.1	95.8	1.6	1.2	2.4	-0.1	1.8
Headgear, umbrellas, artificial flowers, etc.	XII	1.018	125.8	128.1	3.9	0.1	0.4	-0.9	1.8
Footwear and parts of such articles	64	0.840	123.8	125.7	3.5	-0.9	0.9	-1.7	1.5
Stone, plaster, cement, asbestos, ceramics, glass etc.	XIII	0.771	132.5	135.6	0.5	-0.5	0.5	-0.6	2.3
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100)	68	0.278	94.9	98.6	2.5	0.1	-1.5	1.3	3.9
Ceramic products (Dec. 2024=100)	69	0.224	98.5	96.5	-1.3	-0.2	1.7	-0.6	-2.0
Glass and glassware (Dec. 2021=100)	70	0.269	106.8	111.3	0.1	-1.5	1.4	-2.3	4.2
Pearls, stones, precious metals, imitation jewelry, and coins	XIV	4.461	396.9	384.6	31.7	4.0	-3.0	-0.3	-3.1
Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100)	71	4.461	176.3	170.9	31.7	3.9	-3.0	-0.3	-3.1
Base metals and articles of base metals	XV	5.297	242.8	249.1	10.0	2.2	0.6	3.7	2.6
Iron and steel (Jan. 2025=100)	72	0.872	94.8	96.4	-1.0	0.2	1.1	2.2	1.7
Articles of iron or steel	73	1.474	184.0	191.5	3.6	-0.4	-0.5	4.6	4.1
Copper and articles thereof	74	0.689	546.9	553.6	24.7	7.6	-0.4	2.9	1.2
Nickel and articles thereof (Jan. 2025=100)	75	0.108	105.8	102.5	4.4	1.7	1.1	3.2	-3.1
Aluminum and articles thereof	76	1.025	240.1	248.9	23.0	4.6	1.4	7.2	3.7
Lead and articles thereof (Jan. 2025=100)	78	0.028	101.0	105.9	4.0	1.1	-1.0	-3.4	4.9
Zinc and articles thereof (Jan. 2025=100)	79	0.075	109.8	109.4	16.4	0.7	0.6	1.8	-0.4
Tin and articles thereof (Jan. 2025=100)	80	0.042	153.2	156.3	45.1	10.4	4.1	1.6	2.0
Base metals nesoi; cermets; articles thereof (Jan. 2025=100)	81	0.142	129.2	130.1	24.5	6.8	4.1	5.4	0.7
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof	82	0.356	138.1	140.6	8.8	0.9	0.2	2.9	1.8
Miscellaneous articles of base metal	83	0.486	147.0	150.4	5.0	1.3	1.6	-1.1	2.3
Machinery, electrical equipment, TV image and sound recorders, parts, etc.	XVI	31.774	85.3	86.4	4.9	1.1	0.5	1.1	1.3
Machinery and mechanical appliances; parts thereof	84	17.112	96.1	98.2	8.9	1.7	0.7	2.1	2.2
Electrical machinery and equip, sound and TV recorders & reproducers, parts	85	14.663	75.3	75.6	0.7	0.3	0.3	-0.1	0.4
Vehicles, aircraft, vessels and associated transport equipment	XVII	12.733	123.9	124.0	-0.2	0.2	0.2	-0.1	0.1
Motor vehicles and their parts	87	11.724	122.4	122.4	-0.4	0.2	0.0	0.0	0.0
Optical, photo, measuring, medical & musical instruments; & timepieces	XVIII	4.108	113.8	113.9	1.1	0.6	0.4	-0.6	0.1
Optical, photographic, measuring and medical instruments	90	3.818	109.1	109.2	1.3	0.6	0.2	-0.1	0.1
Miscellaneous manufactured articles	XX	3.623	121.6	121.9	0.3	0.3	-0.1	-0.1	0.2
Toys, games and sports equipment; parts and accessories thereof	95	1.257	106.6	106.6	-0.2	0.0	-0.2	-0.2	0.0
Miscellaneous manufactured articles	96	0.266	151.7	153.0	1.3	1.4	1.3	0.5	0.9
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = Not available

Table 6. U.S. export price indexes and percent changes for Harmonized categories of goods: May 2025 to May 2026 [2000=100, unless otherwise noted]

Description	Harmo- nized system	Relative import- ance Apr. 2026(1)	Index		Percent change
			Apr. 2026	May 2026	Annual	Monthly
					May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Live animals; animal products	I	1.815	296.2	302.2	8.0	1.8	0.9	1.6	2.0
Meat & edible meat offal (Dec. 2006=100)	02	1.133	258.9	261.9	6.8	2.4	0.5	1.6	1.2
Fish and crustaceans, mollusks and aquatic invertebrates (Jan. 2025=100)	03	0.243	105.8	105.3	6.9	3.2	0.2	-1.0	-0.5
Dairy products, eggs and honey (Jan. 2025=100)	04	0.318	98.9	106.1	10.1	1.3	1.9	3.7	7.3
Products of animal origin, nesoi (Jan. 2025=100)	05	0.051	108.2	111.6	11.4	-3.3	3.3	-1.7	3.1
Vegetable products	II	4.010	254.7	255.4	4.6	0.7	0.9	2.3	0.3
Edible Vegetables (Jan. 2025=100)	07	0.318	104.3	108.9	11.5	5.3	-3.4	2.4	4.4
Edible fruit and nuts; citrus or melon peels	08	0.967	199.5	198.1	1.1	0.5	-0.3	3.7	-0.7
Cereals	10	1.133	230.7	232.3	0.5	-1.3	1.0	2.3	0.7
Milling industry products; malt; starches; inulin; wheat gluten (Jan. 2025=100)	11	0.058	99.4	100.5	1.1	-1.6	-0.5	0.9	1.1
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder	12	1.413	236.2	235.1	8.5	1.6	3.0	1.5	-0.5
Animal or vegetable fats and oils (Jan. 2025=100)	III	0.121	109.0	110.2	9.8	1.7	-1.3	6.2	1.1
Animal or vegetable fats & oils (Jan. 2025=100)	15	0.121	109.0	110.2	9.8	1.7	-1.3	6.2	1.1
Prepared foodstuffs, beverages, and tobacco	IV	2.771	187.8	190.4	4.6	0.1	0.4	0.9	1.4
Edible preps of meat, of fish, or of aquatic invertebrates (Jan. 2025=100)	16	0.131	104.9	106.6	4.4	0.6	2.4	-1.2	1.6
Sugars and sugar confectionary (Jan. 2025=100)	17	0.145	104.3	103.8	4.4	1.0	1.3	-0.6	-0.5
Cocoa and cocoa preparations (Jan. 2025=100)	18	0.192	114.1	115.9	8.7	3.6	-4.2	2.1	1.6
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)	19	0.258	106.3	107.2	2.6	2.0	0.3	-1.2	0.8
Preparations of vegetables, fruit, nuts or other parts of plants (Jan. 2025=100)	20	0.282	102.1	103.3	2.5	0.1	0.7	-0.9	1.2
Miscellaneous edible preparations (Dec. 2017=100)	21	0.537	122.7	124.1	3.8	-0.6	-1.5	1.5	1.1
Beverages, spirits, and vinegar (Dec. 2024=100)	22	0.504	102.0	105.5	4.6	-3.9	3.1	1.3	3.4
Residues and waste from the food industries; prepared animal feed	23	0.639	247.5	250.4	6.6	1.6	0.7	1.6	1.2
Mineral products	V	19.616	357.3	367.2	39.0	7.4	8.8	15.5	2.8
Ores, slag and ash (Dec. 2012=100)	26	0.546	182.7	179.1	33.0	8.9	-1.0	-1.1	-2.0
Mineral fuels, oils and residuals, bituminous substances and mineral waxes	27	18.907	341.2	351.3	39.5	7.4	9.2	16.2	3.0
Products of the chemical or allied industries	VI	12.259	174.0	175.2	4.8	1.3	0.3	1.9	0.7
Inorganic chemicals (Jan. 2025=100)	28	0.942	111.5	113.5	10.2	2.2	-0.6	1.3	1.8
Organic chemicals (Jan. 2025=100)	29	2.705	106.3	107.7	7.8	2.7	2.2	6.1	1.3
Pharmaceutical products	30	4.562	109.5	109.7	2.2	0.3	0.4	-0.3	0.2
Fertilizers (Jan. 2025=100)	31	0.309	115.4	112.6	5.2	0.9	0.2	5.5	-2.4
Tanning or dyeing extracts, dyes, paints varnish, putty, & inks (Dec. 2024=100)	32	0.420	110.7	112.3	2.7	-0.4	0.1	0.6	1.4
Miscellaneous chemical products	38	1.766	201.3	200.0	3.3	2.3	-0.8	1.4	-0.6
Rubber and articles thereof	40	0.700	199.6	206.6	3.0	1.8	0.5	0.6	3.5
Raw hides and skins other than furskins and leather (Jan. 2025=100)	41	0.060	93.2	92.6	2.2	-7.3	-1.8	4.1	-0.6
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100)	IX	0.463	120.3	119.5	0.8	-0.6	-1.5	1.5	-0.7
Wood and articles of wood; wood charcoal (Dec. 2023=100)	44	0.461	112.1	111.3	0.5	-0.4	-1.5	1.5	-0.7
Woodpulp, recovered paper, and paper products (Jan. 2025=100)	X	1.309	99.6	99.9	-1.6	0.7	0.5	0.6	0.3
Woodpulp and recovered paper (Dec. 2019=100)	47	0.371	160.6	161.5	-9.3	-0.3	1.9	0.7	0.6
Paper and paperboard; articles of paper pulp, paper or paperboard (Jan. 2025=100)	48	0.749	100.7	101.5	1.0	0.3	0.0	0.8	0.8
Textile and textile articles (Jan. 2025=100)	XI	1.146	104.0	106.4	6.7	1.4	-1.1	3.0	2.3
Cotton, yarns and woven fabrics thereof	52	0.245	132.1	137.2	2.5	-1.8	-1.2	2.8	3.9
Manmade filaments, yarns and woven fabrics (Jan. 2025=100)	54	0.067	100.8	104.7	1.7	1.9	-4.4	3.0	3.9
Manmade staple fibers, yarns and woven fabrics (Jan. 2025=100)	55	0.099	97.9	97.2	-2.5	1.5	-0.5	1.9	-0.7
Stone, plaster, cement, asbestos, ceramics, glass etc.	XIII	0.649	167.6	168.2	4.0	1.5	-0.4	0.7	0.4
Glass and glassware (Dec. 2019=100)	70	0.306	121.5	122.1	3.2	1.7	-1.7	2.1	0.5
Pearls, stones, precious metals, imitation jewelry, and coins	XIV	5.549	556.6	562.2	34.4	6.5	-1.0	-3.7	1.0
Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100)	71	5.549	178.3	180.1	34.4	6.6	-1.0	-3.7	1.0
Base metals and articles of base metals	XV	4.764	244.8	248.5	14.1	2.3	0.3	1.8	1.5
Iron and steel (Jan. 2025=100)	72	0.958	109.1	110.8	7.1	1.4	1.5	0.9	1.6
Copper and articles thereof	74	0.731	369.7	390.1	29.8	5.9	-1.0	2.0	5.5
Aluminum and articles thereof	76	0.852	196.4	200.5	24.5	4.2	0.6	4.3	2.1
Machinery, electrical equipment, TV image and sound recorders, parts, etc.	XVI	25.456	113.5	113.8	2.5	0.2	0.1	0.7	0.3
Machinery and mechanical appliances; parts thereof	84	15.057	140.4	140.8	2.7	0.2	0.2	0.4	0.3
Electrical machinery and equipment and parts and accessories thereof	85	10.400	85.7	85.7	2.1	0.0	0.0	1.3	0.0
Vehicles, aircraft, vessels and associated transport equipment	XVII	9.084	162.6	162.8	2.5	0.2	0.1	0.1	0.1
Motor vehicles and their parts	87	6.486	135.0	134.9	2.4	0.1	0.1	0.0	-0.1
Aircraft, spacecraft, and parts thereof (excluding military) (Dec. 2025=100)	88	2.471	101.7	102.2	-	0.5	0.1	0.4	0.5
Miscellaneous manufactured articles	XX	1.028	152.4	152.9	8.1	0.5	0.9	0.8	0.3
Furniture; stuffed furnishings; lamps and lighting fittings nesoi	94	0.521	165.3	166.0	9.6	0.2	1.2	0.9	0.4
Toys, games and sports equipment; parts and accessories thereof	95	0.372	134.4	134.5	5.3	0.8	0.5	-0.1	0.1
Footnotes (1) Relative importance values are based on 2024 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 2025 to May 2026 [2000=100, unless otherwise noted]

Description	Relative import- ance Apr. 2026(1)	Index		Percent change
		Apr. 2026	May 2026	Annual	Monthly
				May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Industrialized Countries(2)	100.000	156.7	159.7	8.9	1.0	0.6	2.3	1.9
Nonmanufacturing	11.445	284.6	319.2	38.8	1.4	3.5	16.3	12.2
Manufacturing	88.045	146.4	147.3	5.5	1.0	0.3	0.6	0.6
Canada	100.000	189.1	198.4	18.3	1.2	2.7	6.2	4.9
Nonmanufacturing	32.250	278.8	313.4	40.2	1.5	3.4	17.2	12.4
Manufacturing	66.818	168.4	170.7	9.1	1.1	2.3	1.7	1.4
European Union	100.000	161.7	162.7	3.2	0.6	0.5	0.3	0.6
Manufacturing	99.300	157.2	158.2	3.3	0.8	0.4	0.3	0.6
France (Dec. 2003=100)	100.000	159.2	163.9	3.9	0.6	1.0	0.3	3.0
Germany (Dec. 2003=100)	100.000	131.4	132.6	4.6	-0.2	0.7	-0.1	0.9
United Kingdom (Dec. 2003=100)	100.000	139.1	140.9	1.4	0.2	0.1	0.4	1.3
Latin America(3)	100.000	184.6	185.5	5.6	0.7	1.7	1.7	0.5
Nonmanufacturing	14.684	396.5	397.6	20.2	2.7	9.7	11.1	0.3
Manufacturing	84.803	146.4	147.2	3.4	0.3	0.6	0.2	0.5
Mexico (Dec. 2003=100)	100.000	154.5	154.8	3.6	0.2	1.1	1.2	0.2
Nonmanufacturing (Dec. 2008=100)	7.596	214.7	206.4	22.2	4.6	15.0	13.9	-3.9
Manufacturing (Dec. 2008=100)	91.944	104.6	105.1	2.4	-0.1	0.2	0.3	0.5
Pacific Rim (Dec. 2003=100)(4)	100.000	104.5	106.3	4.2	1.2	0.5	1.0	1.7
China (Dec. 2003=100)	100.000	97.9	98.8	1.1	0.2	0.4	0.0	0.9
Japan	100.000	103.6	104.0	2.0	0.4	0.0	0.5	0.4
Taiwan (Dec. 2018=100)	100.000	115.7	117.4	5.2	0.9	0.6	1.6	1.5
Asian NICs(5)	100.000	99.6	102.3	7.5	2.1	1.7	2.4	2.7
ASEAN (Dec. 2003=100)(6)	100.000	103.1	103.9	1.3	0.8	0.3	0.2	0.8
Asia Near East (Dec. 2003=100)(7)	100.000	218.0	248.1	21.7	0.1	3.5	7.5	13.8
Footnotes (1) Relative importance values are based on 2024 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 2025 to May 2026 [December 2017=100, unless otherwise noted]

Description	Relative import- ance Apr. 2026(1)	Index		Percent change
		Apr. 2026	May 2026	Annual	Monthly
				May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Industrialized Countries(2)	100.000	140.0	141.5	12.0	2.3	1.2	2.6	1.1
Nonmanufacturing	16.779	179.7	185.2	37.5	9.0	8.4	12.7	3.1
Manufacturing	81.317	133.6	134.3	7.0	1.0	0.0	0.9	0.5
Canada	100.000	142.1	143.4	9.0	1.7	0.4	1.4	0.9
Nonmanufacturing (Dec. 2020=100)	10.062	175.5	172.0	23.7	8.0	3.6	7.7	-2.0
Manufacturing (Dec. 2020=100)	86.755	128.6	130.4	6.8	0.7	0.3	0.7	1.4
European Union	100.000	134.4	136.4	14.3	3.0	3.0	4.8	1.5
Nonmanufacturing	24.645	174.5	180.3	45.4	9.6	10.5	16.6	3.3
Manufacturing	74.335	125.4	126.2	5.9	1.2	0.8	1.5	0.6
Germany	100.000	142.7	145.9	14.7	3.0	1.8	1.6	2.2
Latin America(3)	100.000	134.5	137.5	12.0	1.2	2.6	4.0	2.2
Nonmanufacturing	8.447	156.4	166.1	12.8	3.8	-3.4	0.8	6.2
Manufacturing	91.082	133.1	135.6	11.9	0.8	3.3	4.3	1.9
Mexico	100.000	135.3	137.7	9.6	1.2	1.9	2.7	1.8
Nonmanufacturing	7.499	137.7	146.8	8.9	2.4	-5.8	-0.3	6.6
Manufacturing	91.895	136.3	138.2	9.7	1.1	2.5	3.0	1.4
Pacific Rim(4)	100.000	124.6	125.7	10.3	1.7	1.4	3.3	0.9
Nonmanufacturing	22.327	133.4	136.5	29.9	5.1	6.3	12.5	2.3
Manufacturing	75.761	123.7	124.1	5.1	0.8	0.2	1.0	0.3
China	100.000	113.9	115.6	5.5	0.1	1.8	0.6	1.5
Nonmanufacturing	22.971	98.4	98.9	2.3	0.3	0.2	1.8	0.5
Manufacturing	74.491	121.2	123.2	5.6	-0.1	2.4	0.1	1.7
Japan	100.000	123.6	123.3	8.7	2.6	-0.9	1.8	-0.2
Nonmanufacturing	20.889	121.1	122.7	7.3	8.8	-8.0	4.3	1.3
Manufacturing	77.807	123.6	122.5	8.4	0.8	1.0	1.3	-0.9
Footnotes (1) Relative importance values are based on 2024 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 2025 to May 2026(1) [December 2017=100, unless otherwise noted]

Description	Index		Percent change
	Apr. 2026	May 2026	Annual	Monthly
			May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Industrialized Countries(2)	109.4	108.5	2.8	1.2	0.6	0.4	-0.8
Canada	98.7	95.0	-7.9	0.5	-2.2	-4.5	-3.7
European Union	111.9	112.8	10.7	2.3	2.4	4.5	0.8
Germany	125.0	126.6	9.6	3.2	1.2	1.6	1.3
Latin America(3)	108.5	110.4	6.1	0.6	0.9	2.3	1.8
Mexico	113.0	114.8	5.9	1.0	0.7	1.5	1.6
Pacific Rim(4)	117.3	116.4	5.8	0.5	1.0	2.3	-0.8
China	116.5	117.1	4.3	-0.1	1.3	0.7	0.5
Japan	113.9	113.2	6.6	2.3	-0.9	1.2	-0.6
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 2025 to May 2026 [2000=100, unless otherwise noted]

Description	Relative import- ance Apr. 2026(1)	Index		Percent change
		Apr. 2026	May 2026	Annual	Monthly
				May 2025 to May 2026	Jan. 2026 to Feb. 2026	Feb. 2026 to Mar. 2026	Mar. 2026 to Apr. 2026	Apr. 2026 to May 2026
Air Freight
Import Air Freight	100.000	253.8	301.4	27.6	-1.2	-1.7	0.9	18.8
Europe (Dec. 2003=100)	37.964	212.1	216.6	10.4	-0.8	6.6	-2.3	2.1
Asia	59.256	244.6	323.6	42.2	-1.5	-7.6	2.0	32.3
Export Air Freight	100.000	187.7	195.7	12.4	1.6	-0.1	9.0	4.3
Europe (Dec. 2006=100)	37.345	135.3	144.3	9.0	1.0	-5.0	7.3	6.7
Asia (Dec. 2011=100)	43.822	142.7	147.6	11.4	2.4	1.6	9.0	3.4
Inbound Air Freight	100.000	194.1	219.1	20.8	-1.7	2.6	4.4	12.9
Europe (Dec. 2003=100)	32.147	178.7	188.2	15.4	-2.5	9.2	-3.0	5.3
Asia	54.596	179.9	218.1	31.2	-1.7	-3.6	9.4	21.2
Outbound Air Freight	100.000	179.9	186.2	14.0	0.6	-1.2	13.9	3.5
Europe (Dec. 2003=100)	34.639	174.5	189.7	12.9	-1.3	-4.5	10.9	8.7
Asia	36.013	178.4	179.1	9.6	2.4	0.8	11.0	0.4
Air Passenger Fares
Import Air Passenger Fares	100.000	171.1	190.4	5.4	-0.4	2.0	-2.7	11.3
Europe	46.484	200.0	218.9	6.7	0.6	2.8	-3.4	9.5
Asia	19.809	154.0	168.3	4.9	-10.2	20.5	-1.4	9.3
Latin America/Caribbean	10.167	162.2	154.6	7.6	10.3	2.3	2.7	-4.7
Export Air Passenger Fares	100.000	191.0	184.7	3.9	-11.9	5.6	5.2	-3.3
Europe	30.441	213.7	229.8	0.9	-7.8	5.7	-2.0	7.5
Asia	18.182	180.4	173.1	5.3	-20.5	7.7	12.3	-4.0
Latin America/Caribbean	32.315	213.7	182.3	5.9	-16.0	4.0	14.0	-14.7
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = Not available

					     TECHNICAL NOTE

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

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

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

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

Services Price Indexes - Indexes for import and export air passenger fares calculate changes in the 
average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 
foreign residents, respectively. The air freight indexes are calculated from data collected directly from 
airlines. These data exclude mail and passenger baggage. The scope of the service being priced is the 
movement of freight from airport to airport only and does not include any ground transportation or port 
service. The air freight indexes are presented using two definitions: balance of payments (which 
represents transactions between U.S. and foreign residents) and international (which represents 
transactions inbound to and outbound from the United States.) 

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

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

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 
import prices for a specific country, region, or grouping. The indexes are calculated as one country, 
region, or grouping's all-export goods price index divided by the corresponding all-import goods price 
index on a scale of 100. 

Relative Importance - A relative importance is a specific index's price-updated value share (expressed 
as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 
affected by the trade weights at the point indexes are reweighted and index changes relative to other 
indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 
relative importance will increase as well. 

Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the 3 months after original publication. After 3 months, no further data 
revisions take place. For example, data first published in the January release will be subject to revision 
in the releases for February, March, and April.

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

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

Additional Information - More detailed data are available on the Import/Export Price Indexes home 
page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 
mxpinfo@bls.gov. 

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