U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                                      USDL-18-1145
8:30 a.m. (EDT) Friday, July 13, 2018

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 - JUNE 2018                                

(NOTE: A problem occurred with the calculation of the U.S. export air passenger fares indexes that 
were released with the June 14, 2018, release of the May U.S Import and Export Price Indexes. The 
corrected data have been issued with this news release.) 

U.S. import prices decreased 0.4 percent in June, the U.S. Bureau of Labor Statistics reported today, 
following a 0.9-percent advance in May. Lower prices for nonfuel and fuel imports contributed to the June 
decline. Prices for U.S. exports rose 0.3 percent in June, after rising 0.6 percent the previous month. 

Imports

All Imports: The price index for U.S. imports fell 0.4 percent in June, after increasing 0.9 percent in May 
and 0.5 percent in April. The June decline was the largest monthly drop since the index decreased 0.5 
percent in February 2016. Despite the downturn in June, overall import prices advanced 4.3 percent between 
June 2017 and June 2018.   

Fuel Imports: Import fuel prices decreased 0.7 percent in June, after a 6.1-percent advance in May and a 
3.9-percent rise in April. Falling prices for both petroleum and natural gas contributed to the overall drop in 
June fuel prices. Prices for petroleum fell 0.8 percent in June following advances of 7.4 percent in May and 
4.2 percent in April. Natural gas prices fell 6.0 percent in June, after a 24.7-percent drop the previous 
month. The price index for natural gas has not recorded a monthly increase since a 13.4-percent advance in 
January. Fuel prices rose 33.8 percent over the past 12 months, driven by a 37.8-percent increase in 
petroleum prices over the same period. In contrast, natural gas prices declined 27.8 percent over the past 
year, the largest 12-month drop since the index fell 34.8 percent for June 2016.   

All Imports Excluding Fuel: Prices for nonfuel imports decreased 0.3 percent in June following a 0.2-
percent increase in May. The June decline was led by lower prices for foods, feeds, and beverages; 
consumer goods; capital goods; and automotive vehicles which more than offset higher prices for nonfuel 
industrial supplies and materials. The price index for nonfuel imports advanced 1.5 percent for the year 
ended in June, driven by higher prices for nonfuel industrial supplies and materials; capital goods; and 
consumer goods. 


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

2017

June

-0.2 -3.6 0.1 -0.1 -1.4 0.0

July

-0.2 -1.0 -0.1 0.5 1.8 0.3

August

0.6 4.0 0.3 0.6 0.0 0.7

September

0.8 5.7 0.3 0.8 -0.7 0.9

October

0.2 0.3 0.1 0.1 2.0 -0.1

November

1.0 9.8 0.0 0.5 -0.7 0.7

December

0.2 3.3 -0.2 0.1 -0.3 0.0

2018

January

0.8 3.3 0.5 0.7 0.0 0.8

February

0.2 -1.8 0.4 0.2 0.6 0.2

March

-0.2 (r)-2.6 0.1 (r)0.4 3.2 (r)0.1

April

(r)0.5 (r)3.9 (r)0.1 (r)0.5 (r)-1.1 0.7

May

(r)0.9 (r)6.1 0.2 0.6 1.6 (r)0.6

June

-0.4 -0.7 -0.3 0.3 -1.0 0.4

June 2016 to 2017

1.4 5.1 1.1 0.6 -3.8 1.0

June 2017 to 2018

4.3 33.8 1.5 5.3 5.4 5.4

Footnotes
(r) Revised

Exports

All Exports: U.S. export prices increased 0.3 percent in June, after rising 0.6 percent the previous month. In 
June, higher nonagricultural prices more than offset decreasing prices for agricultural exports. Prices for 
overall exports advanced 5.3 percent over the past 12 months, the largest over-the-year increase since the 
index rose 6.3 percent in October 2011. 

Agricultural Exports: Agricultural export prices fell 1.0 percent in June following a 1.6-percent increase in 
May and a 1.1-percent decrease in April. The largest contributors to the June decline were a 2.6-percent 
drop in soybeans prices and a 3.1-percent decrease in corn prices. A 6.4-percent rise in fruit prices partially 
mitigated the overall decrease in agricultural prices. Despite the declines in June and April, export 
agricultural prices increased 5.4 percent over the past 12 months.   

All Exports Excluding Agriculture: The price index for nonagricultural exports increased 0.4 percent in 
June, after advancing 0.6 percent in May. Nonagricultural prices have not recorded a 1-month decline since 
the index edged down 0.1 percent in October 2017. In June, rising prices for nonagricultural industrial 
supplies and materials and capital goods more than offset lower consumer goods and automotive vehicles 
prices. Overall nonagricultural prices rose 5.4 percent over the past year, the largest 12-month advance for 
the index since prices increased 5.8 percent in October 2011.

                                            SELECTED JUNE HIGHLIGHTS                                            

Import Prices

Imports by Locality of Origin: Import prices from China recorded no change in June, after a 0.1-percent 
uptick the previous month. Prices for imports from China increased 0.5 percent over the past year, the 
largest 12-month advance for the index since a 0.6-percent rise between May 2013 and May 2014. In 
contrast, the price index for imports from Japan edged down 0.1 percent in June, the first monthly decline 
since the index fell 0.3 percent in October 2017. Import prices from the European Union, Canada, and 
Mexico all decreased in June, led in part by lower fuel prices. Prices for imports from the European Union 
and Canada decreased 0.3 percent, and the price index for imports from Mexico fell 0.5 percent.  

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 0.3 
percent in June following a 0.8-percent advance in May. Higher prices for metals and paper drove the June 
advance.   
	
Finished Goods: Prices for each of the major finished goods areas decreased in June. Consumer goods 
prices fell 0.3 percent in June, the first monthly decline since the index decreased 0.1 percent in December 
2017 and the largest 1-month drop since the index fell 0.3 percent in November 2016. The price indexes for 
import capital goods and automotive vehicles each declined 0.1 percent in June.   

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices fell 2.6 percent in June, the largest 
monthly decline for the index since a 2.8-percent drop in February 2012. Falling prices for vegetables, fruit, 
and fish and shellfish all contributed to the decrease in June. 

Transportation Services: Import air passenger fares increased 7.3 percent in June, after decreasing 2.5 
percent the previous month. The June rise was driven by a 7.9-percent advance in European fares and a 
12.6-percent increase in Asian fares. The index for import air passenger fares advanced 4.8 percent over the 
past year. Prices for import air freight fell 1.0 percent in June and increased 17.1 percent over the past 12 
months.

Export Prices

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials rose 1.3 percent in June following a 1.8-percent advance the previous month. Both increases were 
led by higher fuel prices which rose 3.2 percent in June and 5.1 percent in May. 

Finished Goods: Export finished goods prices were mixed in June. Capital goods prices ticked up 0.1 
percent for the second consecutive month in June and have not recorded a monthly decline since the index 
edged down 0.1 percent in October 2016. In contrast, the price indexes for export consumer goods and 
automotive vehicles declined 0.1 percent in June.  

Transportation Services: Export air passenger fares rose 5.0 percent in June, after declining 0.7 percent in 
May and 3.7 percent in April. Higher European, Asian, and Latin American/Caribbean fares all contributed 
to the increase in June. Overall export air passenger fares rose 1.5 percent for the year ended in June. The 
price index for export air freight recorded no change in June and increased 1.4 percent over the past year. 
		
Import and Export Price Index data for July are scheduled for release on Tuesday, August 14, 2018 at 
8:30 a.m. (EDT).


                              New Locality of Destination and Terms of Trade Data 

Beginning with the August news release on September 14, the BLS will introduce two new data series. 
Locality of Destination price indexes will measure export prices based on the country or region where items 
are exported. Terms of Trade indexes are based on the country or region and measure the relative price for 
imports in terms of export prices and are defined as the all-export price index divided by the respective all-
import price index. For more information on Terms of Trade indexes, please see "U.S. Import and Export 
Prices and the Terms of Trade" at www.bls.gov/opub/btn/archive/us-import-and-export-price-indexes-and-
the-terms-of-trade.pdf. 

The Locality of Destination price indexes will be published at the all-export level and also include a 
breakdown by manufacturing industries and nonmanufacturing industries where possible. The countries and 
regions for which indexes will be published include the Industrialized Countries, the European Union, Latin 
America, the Pacific Rim, Canada, China, Germany, Japan, and Mexico. Indexes by manufacturing 
industries and nonmanufacturing industries will be available for all countries and regions except Canada and 
Germany. 

Terms of Trade indexes will be available for all countries and regions where both the import Locality of 
Origin index and the export Locality of Destination index are published. These include the Industrialized 
Countries, the European Union, Latin America, the Pacific Rim, Canada, China, Germany, Japan, and 
Mexico.

The data series for both the Locality of Destination price indexes and the Terms of Trade indexes will begin 
in December 2017 when the indexes are first published on September 14.

In addition to the new indexes, the numbering of the tables in the Import and Export Price Index news 
release will be changing. Tables 1 through 7 will remain the same, and the new Locality of Destination data 
will be in table 8 and the new Terms of Trade data will be in table 9. The current table for Selected 
Transportation Services will change from table 8 to table 10. Other formatting changes to the text of the 
news release will be made. An example of the new format and tables will be provided before the September 
14 release date.  



Table 1. U.S. import price indexes and percent changes for selected categories of goods: June 2017 to June 2018 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

All commodities

  100.000 128.2 127.7 4.3 -0.2 0.5 0.9 -0.4

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

  82.500 100.8 100.7 1.8 0.2 0.1 0.2 -0.1

All imports excluding petroleum

  89.177 113.9 113.6 1.4 0.0 0.1 0.1 -0.3

All imports excluding fuels (Dec. 2001=100)

  88.567 118.1 117.8 1.5 0.1 0.1 0.2 -0.3

Foods, feeds, & beverages

0

6.066 183.0 178.3 -2.1 -0.9 -0.3 0.4 -2.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.763 200.7 195.5 -2.2 -1.4 -0.4 0.7 -2.6

Nonagricultural foods (fish, distilled beverages)

01

1.303 143.1 139.6 -1.7 0.9 0.1 -0.3 -2.4

Industrial supplies & materials

1

25.906 198.2 198.0 18.8 -0.6 2.0 3.1 -0.1

Industrial supplies & materials excluding petroleum

  15.140 159.3 159.9 8.0 0.6 0.6 0.1 0.4

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

  14.462 182.5 183.1 9.1 1.0 0.6 0.8 0.3

Industrial supplies & materials, durable

  9.263 174.7 175.5 10.7 1.2 0.3 1.4 0.5

Industrial supplies & materials nondurable excluding petroleum

  5.820 139.9 140.2 3.9 -0.4 0.8 -2.0 0.2

Fuels & lubricants

10

11.433 224.3 222.7 33.8 -2.6 3.9 6.1 -0.7

Petroleum & petroleum products

100

10.823 248.1 246.2 37.8 -2.4 4.2 7.4 -0.8

Crude

10000

7.851 263.4 256.7 42.5 -1.9 5.6 8.4 -2.5

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

101

0.428 85.3 85.9 -16.8 -7.4 -1.0 -16.9 0.7

Gas-natural

10110

0.270 62.9 59.1 -27.8 -10.4 -1.9 -24.7 -6.0

Paper & paper base stocks

11

0.565 116.7 120.1 11.9 0.4 2.9 0.2 2.9

Materials associated with nondurable supplies & materials

12

4.707 162.9 162.7 5.7 0.4 0.8 -0.5 -0.1

Selected building materials

13

1.712 162.1 162.3 11.3 3.1 1.0 1.9 0.1

Unfinished metals related to durable goods

14

4.009 243.9 245.4 14.6 1.0 0.5 1.6 0.6

Finished metals related to durable goods

15

1.827 164.5 164.7 9.5 0.7 -0.4 1.8 0.1

Nonmetals related to durable goods

16

1.653 112.2 113.2 3.7 0.7 0.4 0.1 0.9

Capital goods

2

26.472 89.6 89.5 0.6 0.1 0.0 -0.1 -0.1

Electric generating equipment

20

3.219 118.2 117.9 1.4 0.0 0.1 0.3 -0.3

Nonelectrical machinery

21

21.036 82.1 81.9 0.5 0.2 0.0 -0.1 -0.2

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

22

2.217 135.1 135.0 0.4 -0.1 -0.1 -0.3 -0.1

Automotive vehicles, parts & engines

3

15.649 110.5 110.4 0.0 -0.2 0.0 -0.1 -0.1

Consumer goods, excluding automotives

4

25.907 107.5 107.2 0.3 0.0 0.1 0.1 -0.3

Nondurables, manufactured

40

12.698 122.7 122.4 0.6 0.0 0.1 0.4 -0.2

Durables, manufactured

41

11.902 93.1 92.9 -0.1 0.2 0.0 -0.2 -0.2

Nonmanufactured consumer goods

42

1.306 117.4 114.9 -0.1 -2.6 0.7 0.7 -2.1

Footnotes
(1) Relative importance figures are based on 2016 trade values.

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


Table 2. U.S. export price indexes and percent changes for selected categories of goods: June 2017 to June 2018 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

All commodities

  100.000 127.7 128.1 5.3 0.4 0.5 0.6 0.3

Agricultural commodities

  10.144 186.1 184.3 5.4 3.2 -1.1 1.6 -1.0

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

  80.581 101.8 101.8 3.1 0.2 0.4 0.2 0.0

Nonagricultural commodities

  89.856 123.3 123.8 5.4 0.1 0.7 0.6 0.4

Foods, feeds, & beverages

0

9.442 186.9 185.2 4.9 3.3 -1.2 1.0 -0.9

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.813 185.6 184.1 4.7 3.2 -1.4 1.5 -0.8

Nonagricultural foods (fish, distilled beverages)

01

0.629 214.3 207.9 8.0 4.0 1.7 -4.7 -3.0

Industrial supplies & materials

1

31.816 162.7 164.6 13.2 0.0 1.1 1.8 1.2

Industrial supplies & materials, durable

  10.484 168.3 168.9 7.4 0.5 0.5 0.0 0.4

Industrial supplies & materials, nondurable

  21.332 160.4 162.8 16.3 -0.3 1.4 2.8 1.5

Agricultural industrial supplies & materials

10

1.331 196.4 192.2 10.3 2.8 0.7 2.7 -2.1

Nonagricultural industrial supplies & materials

  30.485 161.6 163.7 13.3 -0.1 1.1 1.8 1.3

Fuels & lubricants

11

9.977 200.1 206.6 28.5 -1.8 2.8 5.1 3.2

Nonagricultural supplies & materials excluding fuels & building materials

12

19.489 160.9 161.4 7.5 0.7 0.4 0.2 0.3

Selected building materials

13

1.020 124.8 125.8 5.1 0.5 0.6 0.6 0.8

Capital goods

2

36.287 109.7 109.8 1.9 0.0 0.6 0.1 0.1

Electrical generating equipment

20

3.870 117.1 117.7 4.5 0.5 0.9 0.5 0.5

Nonelectrical machinery

21

23.338 94.7 94.7 1.1 -0.1 0.4 0.0 0.0

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

22

9.079 176.2 176.4 3.5 0.2 0.6 0.2 0.1

Automotive vehicles, parts & engines

3

10.028 114.3 114.2 0.9 0.1 0.2 0.1 -0.1

Consumer goods, excluding automotives

4

12.426 110.0 109.9 1.3 0.0 0.2 0.0 -0.1

Nondurables, manufactured

40

6.068 107.0 106.6 2.2 0.3 0.5 -0.1 -0.4

Durables, manufactured

41

4.937 107.4 107.6 0.4 -0.1 -0.2 0.0 0.2

Footnotes
(1) Relative importance figures are based on 2016 trade values.

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


Table 3. U.S. import price indexes and percent changes for selected industries: June 2017 to June 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

Nonmanufacturing

  10.378 120.0 115.9 25.2 -2.8 3.5 5.4 -3.4

Agriculture, forestry, fishing and hunting

11

2.019 186.0 172.8 -7.9 -4.1 -1.2 0.6 -7.1

Crop production

111

1.632 199.3 184.3 -8.6 -5.7 -1.3 1.7 -7.5

Animal production (Dec. 2014=100)

112

0.198 80.6 75.1 -8.1 0.8 -1.4 1.4 -6.8

Mining

21

8.359 113.4 110.6 36.2 -2.5 4.8 6.6 -2.5

Oil and gas extraction

211

8.125 113.7 110.7 38.0 -2.6 5.0 6.8 -2.6

Manufacturing

  89.335 112.6 112.6 2.4 0.0 0.3 0.3 0.0

Manufacturing, part 1

31

11.278 125.6 125.3 0.7 0.1 0.2 0.2 -0.2

Food manufacturing

311

3.420 158.7 156.5 -0.1 0.2 0.3 0.3 -1.4

Beverage and tobacco product manufacturing

312

1.090 121.6 121.8 2.6 0.2 0.6 0.2 0.2

Textile mills (Dec. 2011=100)

313

0.380 100.2 100.2 2.0 0.1 0.1 -0.3 0.0

Textile product mills

314

0.917 110.1 109.8 1.1 0.5 -0.1 0.4 -0.3

Apparel manufacturing

315

3.813 111.5 111.8 0.8 -0.1 0.1 0.1 0.3

Leather and allied product manufacturing

316

1.657 123.4 123.5 0.3 0.0 0.0 0.5 0.1

Manufacturing, part 2

32

18.293 127.9 128.6 7.0 -0.2 0.8 1.0 0.5

Wood product manufacturing

321

1.088 147.6 147.5 16.6 4.1 1.2 3.1 -0.1

Paper manufacturing

322

1.020 109.6 112.4 6.9 0.3 1.7 0.2 2.6

Printing and related support activities (Dec. 2016=100)

323

0.208 100.8 103.7 3.7 0.1 0.6 -0.1 2.9

Petroleum and coal products manufacturing

324

2.711 99.8 103.9 27.6 -3.0 1.4 4.8 4.1

Chemical manufacturing

325

10.107 140.7 140.0 3.2 0.1 0.5 0.4 -0.5

Plastics and rubber products manufacturing

326

2.180 119.7 119.6 1.5 0.2 0.4 0.1 -0.1

Nonmetallic mineral product manufacturing

327

0.980 130.5 130.5 1.7 0.5 0.2 0.2 0.0

Manufacturing, part 3

33

59.763 105.2 105.1 1.4 0.2 0.0 0.1 -0.1

Primary metal manufacturing

331

4.579 162.1 162.9 14.6 1.0 0.5 2.1 0.5

Fabricated metal product manufacturing

332

3.093 128.4 128.2 4.5 0.6 -0.2 0.3 -0.2

Machinery manufacturing

333

6.729 118.9 118.7 1.9 0.3 0.1 0.0 -0.2

Computer and electronic product manufacturing

334

16.828 75.3 75.2 -0.9 0.0 0.0 -0.4 -0.1

Electrical equipment, appliance, and component manufacturing

335

4.870 116.2 115.9 1.2 0.0 0.2 0.3 -0.3

Transportation equipment manufacturing

336

16.613 109.5 109.5 0.1 -0.2 0.0 -0.2 0.0

Furniture and related product manufacturing

337

1.757 116.9 117.3 1.7 0.5 -0.1 0.3 0.3

Miscellaneous manufacturing

339

5.295 119.1 119.0 1.3 0.3 0.1 0.2 -0.1

Footnotes
(1) Relative importance figures are based on 2016 trade values.

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


Table 4. U.S. export price indexes and percent changes for selected industries: June 2017 to June 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

Nonmanufacturing

  8.599 142.9 145.5 13.2 3.6 -1.5 2.1 1.8

Agriculture, forestry, fishing and hunting

11

5.367 164.4 161.7 8.9 5.8 -1.9 1.7 -1.6

Crop production

111

4.962 171.2 168.4 9.1 6.1 -2.3 2.5 -1.6

Mining

21

3.232 89.5 96.2 20.1 0.0 -0.6 2.6 7.5

Mining (except oil and gas)

212

1.168 116.3 116.2 15.4 0.9 1.2 2.5 -0.1

Manufacturing

  89.792 117.2 117.4 4.8 0.1 0.7 0.6 0.2

Manufacturing, part 1

31

6.954 141.7 141.4 2.4 0.6 0.1 0.5 -0.2

Food manufacturing

311

4.731 159.2 158.9 1.3 0.4 -0.1 0.2 -0.2

Beverage and tobacco product manufacturing

312

0.724 127.0 125.5 13.3 1.9 1.5 3.4 -1.2

Textile mills (Dec. 2016=100)

313

0.632 103.8 104.9 3.7 0.5 0.9 0.0 1.1

Leather and allied product manufacturing (Dec. 2016=100)

316

0.262 95.6 94.6 -4.3 -0.4 -0.5 -1.0 -1.0

Manufacturing, part 2

32

25.541 118.7 119.1 12.5 -0.2 1.3 1.8 0.3

Wood product manufacturing (Dec. 2017=100)

321

0.545 105.2 106.0 - 1.2 0.9 0.5 0.8

Paper manufacturing

322

1.691 130.7 130.8 11.0 0.9 1.7 1.6 0.1

Petroleum and coal products manufacturing

324

6.813 121.3 122.4 35.2 -2.8 4.5 6.2 0.9

Chemical manufacturing

325

13.214 119.4 119.4 6.2 0.8 0.1 0.2 0.0

Plastics and rubber products manufacturing

326

2.210 115.2 115.3 1.1 0.3 0.1 0.2 0.1

Nonmetallic mineral product manufacturing

327

0.826 117.0 116.9 3.1 1.1 0.3 0.1 -0.1

Manufacturing, part 3

33

57.297 114.1 114.2 2.1 0.1 0.5 0.1 0.1

Primary metal manufacturing

331

3.953 147.3 147.8 7.5 0.4 1.2 -0.1 0.3

Fabricated metal product manufacturing

332

3.009 140.1 140.2 1.4 -0.1 1.1 0.1 0.1

Machinery manufacturing

333

8.875 127.0 127.0 1.2 -0.1 1.0 -0.1 0.0

Computer and electronic product manufacturing

334

13.919 83.4 83.2 0.6 -0.2 0.4 0.0 -0.2

Electrical equipment, appliance, and component manufacturing

335

3.823 117.5 118.8 5.0 0.6 0.7 0.7 1.1

Transportation equipment manufacturing

336

18.015 126.9 127.0 2.1 0.2 0.3 0.2 0.1

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

337

0.396 118.7 119.0 1.3 0.0 -0.1 0.0 0.3

Miscellaneous manufacturing

339

5.308 120.0 120.5 1.6 -0.1 0.0 -0.1 0.4

Footnotes
(1) Relative importance figures are based on 2016 trade values.

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


Table 5. U.S. import price indexes and percent changes for selected categories of goods: June 2017 to June 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

Live animals; animal products

I

1.387 198.0 191.5 -3.4 1.1 -0.9 0.3 -3.3

Meat and edible meat offal

02

0.376 251.7 250.1 -1.9 0.7 -1.3 0.8 -0.6

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.718 144.6 137.3 -4.6 1.4 -0.1 0.2 -5.0

Vegetable products

II

1.982 217.9 202.3 -9.1 -5.5 -1.9 1.0 -7.2

Edible vegetables, roots, and tubers

07

0.410 424.8 357.4 -23.6 -10.5 -10.1 -2.2 -15.9

Edible fruit and nuts; peel of citrus fruit or melons

08

0.853 131.6 125.1 -7.1 -3.7 0.7 2.3 -4.9

Coffee, tea, mate and spices

09

0.338 217.5 218.0 -3.8 0.2 -0.6 0.8 0.2

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

III

0.273 104.9 100.2 -13.0 -2.2 -2.1 -3.0 -4.5

Prepared foodstuffs, beverages, and tobacco

IV

2.805 167.8 167.3 4.1 0.7 1.5 0.5 -0.3

Sugars and sugar confectionary (Dec. 2012=100)

17

0.194 88.1 88.0 1.6 -0.9 -1.0 -0.9 -0.1

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.214 103.7 101.5 5.3 4.7 1.7 2.3 -2.1

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

20

0.363 170.0 171.3 3.9 0.7 -0.4 0.9 0.8

Miscellaneous edible preparations (Dec. 2017=100)

21

0.204 102.0 102.0 - 0.8 0.1 0.0 0.0

Beverages, spirits, and vinegar

22

1.033 131.8 132.0 2.8 0.3 0.6 0.2 0.2

Mineral products

V

11.234 224.1 222.7 33.7 -2.4 3.9 6.2 -0.6

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

27

10.983 222.0 220.6 34.7 -2.6 4.1 6.3 -0.6

Products of the chemical or allied industries

VI

9.435 158.0 157.1 3.4 0.0 0.4 0.2 -0.6

Inorganic chemicals

28

0.590 301.9 300.0 7.1 -1.1 1.6 -4.3 -0.6

Organic chemicals

29

2.406 132.8 132.4 7.1 0.0 1.4 0.5 -0.3

Pharmaceutical products

30

4.443 152.4 151.0 1.2 -0.2 0.2 0.7 -0.9

Fertilizers (Dec. 2009=100)

31

0.261 81.9 82.3 12.3 -0.1 -0.1 2.4 0.5

Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2011=100)

32

0.181 107.2 108.0 -0.6 0.3 -0.2 -0.2 0.7

Essential oils and resinoids (Dec. 2016=100)

33

0.574 103.3 102.6 3.3 0.2 -0.2 -0.3 -0.7

Miscellaneous chemical products

38

0.632 107.0 107.0 3.0 1.4 -0.5 -0.2 0.0

Plastics and articles thereof; rubber and articles thereof

VII

3.374 140.9 141.6 1.6 0.1 0.1 -0.1 0.5

Plastics and articles thereof

39

2.211 143.2 144.5 2.5 0.1 -0.2 -0.1 0.9

Rubber and articles thereof

40

1.164 138.2 137.8 -0.2 0.2 0.5 -0.3 -0.3

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

VIII

0.633 125.9 125.9 1.9 0.2 0.0 1.1 0.0

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

42

0.599 131.6 131.5 2.1 0.2 0.1 1.2 -0.1

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

IX

1.123 179.7 179.7 16.5 4.4 1.2 3.0 0.0

Wood and articles of wood; wood charcoal (Dec. 2014=100)

44

1.100 124.3 124.3 16.9 4.5 1.3 3.1 0.0

Woodpulp, recovered paper, and paper products

X

1.079 116.0 118.8 7.5 0.3 1.8 0.3 2.4

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

48

0.708 107.0 109.0 5.8 0.2 1.3 0.3 1.9

Printed matter (Dec. 2015=100)

49

0.205 106.7 110.6 4.3 0.0 0.8 -0.1 3.7

Textile and textile articles

XI

4.965 114.4 114.5 1.2 0.3 0.1 0.0 0.1

Articles of apparel and clothing accessories, knitted or crocheted

61

1.985 104.1 104.4 0.9 -0.1 0.0 0.1 0.3

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.677 119.5 120.0 0.9 0.1 0.1 0.1 0.4

Made-up or worn textile articles

63

0.632 104.2 103.9 0.2 0.1 0.0 0.0 -0.3

Headgear, umbrellas, artificial flowers, etc.

XII

1.366 122.0 122.3 0.0 0.2 0.0 0.0 0.2

Footwear and parts of such articles

64

1.142 120.8 121.2 -0.2 0.0 0.0 0.0 0.3

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

XIII

0.920 132.2 132.2 1.7 0.7 0.2 0.1 0.0

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2015=100)

68

0.330 99.7 100.4 4.0 1.4 0.1 0.2 0.7

Ceramic products

69

0.254 135.2 135.1 -0.7 -0.1 0.4 0.1 -0.1

Glass and glassware

70

0.335 132.3 131.4 1.1 0.5 0.0 -0.1 -0.7

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

XIV

3.045 173.8 174.2 2.1 -0.2 -0.1 -0.4 0.2

Base metals and articles of base metals

XV

5.699 185.0 185.9 11.4 1.0 0.4 1.9 0.5

Iron and steel

72

1.359 231.4 230.8 17.5 2.6 3.7 1.5 -0.3

Articles of iron or steel

73

1.601 153.1 153.6 6.7 1.1 -0.2 0.3 0.3

Copper and articles thereof

74

0.438 319.0 328.6 23.5 -1.0 -1.6 8.0 3.0

Aluminum and articles thereof

76

0.972 144.0 144.0 12.1 1.0 -1.7 5.1 0.0

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

82

0.415 123.1 122.9 0.4 0.4 0.0 0.2 -0.2

Miscellaneous articles of base metal

83

0.513 137.6 136.9 0.3 0.1 0.1 0.1 -0.5

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

XVI

28.634 80.7 80.5 0.1 0.1 0.0 -0.1 -0.2

Machinery and mechanical appliances; parts thereof

84

14.021 87.0 86.9 1.3 0.2 0.0 -0.1 -0.1

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

85

14.613 74.8 74.6 -0.9 0.0 0.0 -0.1 -0.3

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.858 114.3 114.3 0.2 -0.2 0.0 -0.2 0.0

Motor vehicles and their parts

87

12.671 113.4 113.3 0.2 -0.2 0.0 0.0 -0.1

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

88

1.097 115.5 115.6 -0.3 -0.1 0.1 -0.8 0.1

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

XVIII

3.836 103.1 102.8 1.4 0.1 -0.2 -0.2 -0.3

Optical, photographic, measuring and medical instruments

90

3.548 99.6 99.4 1.4 -0.1 -0.2 -0.2 -0.2

Clocks and watches and parts thereof

91

0.228 143.8 141.5 -0.7 2.8 -0.7 -1.2 -1.6

Miscellaneous manufactured articles

XX

4.265 112.2 112.4 1.4 0.2 0.1 0.3 0.2

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

94

2.688 118.1 118.2 1.5 0.3 0.0 0.3 0.1

Toys, games and sports equipment; parts and accessories thereof

95

1.297 102.6 102.6 1.2 0.1 0.2 0.5 0.0

Miscellaneous manufactured articles

96

0.279 128.6 128.9 -0.6 0.0 0.0 0.0 0.2

Footnotes
(1) Relative importance figures are based on 2016 trade values.

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


Table 6. U.S. export price indexes and percent changes for selected categories of goods: June 2017 to June 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

Live animals; animal products

I

1.929 209.2 208.0 0.4 1.2 0.2 -1.0 -0.6

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

02

1.168 166.2 164.5 -1.5 0.7 -0.8 -0.8 -1.0

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

03

0.415 118.1 114.3 10.6 4.0 2.1 -5.3 -3.2

Dairy products, eggs and honey (Dec. 2017=100)

04

0.270 99.4 103.9 - -0.1 1.0 4.6 4.5

Vegetable products

II

4.953 206.3 203.6 8.8 5.7 -2.1 2.1 -1.3

Edible fruit and nuts; peel of citrus fruit or melons

08

0.875 139.4 143.3 7.6 1.8 -1.1 -5.6 2.8

Cereals

10

1.556 208.4 202.8 14.3 4.8 -1.8 5.5 -2.7

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

12

2.068 217.0 212.3 11.5 6.6 -1.7 1.6 -2.2

Prepared foodstuffs, beverages, and tobacco

IV

3.120 154.8 153.9 4.2 1.0 -0.3 1.3 -0.6

Preparations of vegetables, fruit, nuts or other parts of plants (Dec. 2009=100)

20

0.346 118.4 118.2 1.0 0.3 0.1 0.1 -0.2

Miscellaneous edible preparations (Dec. 2017=100)

21

0.564 97.3 97.9 - -1.7 -3.8 0.0 0.6

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

22

0.537 111.0 110.7 -0.4 1.8 0.6 1.4 -0.3

Residues and waste from the food industries; prepared animal feed

23

0.784 234.5 229.0 19.0 4.8 1.6 4.3 -2.3

Mineral products

V

10.365 240.7 248.4 30.2 -1.8 2.6 5.0 3.2

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

26

0.552 110.0 109.8 22.0 -0.4 -1.8 -0.6 -0.2

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

27

9.638 231.5 239.5 31.3 -1.9 3.0 5.4 3.5

Products of the chemical or allied industries

VI

10.681 138.6 138.2 4.1 0.5 -0.3 0.1 -0.3

Inorganic chemicals

28

0.736 166.7 166.8 4.1 0.4 0.0 -0.6 0.1

Organic chemicals

29

2.469 141.2 141.5 9.1 1.2 -2.5 0.0 0.2

Pharmaceutical products

30

3.218 108.0 107.1 2.2 0.3 0.5 0.1 -0.8

Fertilizers (Dec. 2016=100)

31

0.260 122.5 120.3 11.6 1.0 3.2 0.5 -1.8

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

32

0.530 102.7 102.3 1.9 0.4 0.5 1.2 -0.4

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.802 130.4 130.9 -1.3 0.2 0.5 -0.8 0.4

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

34

0.488 119.2 119.4 6.1 0.7 0.3 -0.3 0.2

Miscellaneous chemical products

38

1.796 152.3 152.1 5.7 0.2 0.5 0.3 -0.1

Plastics and articles thereof; rubber and articles thereof

VII

5.150 144.4 144.9 5.7 1.3 0.5 0.1 0.3

Plastics and articles thereof

39

4.266 140.7 141.3 6.7 1.1 0.5 0.0 0.4

Rubber and articles thereof

40

0.884 159.2 159.2 1.4 2.3 0.3 1.0 0.0

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

IX

0.687 107.3 108.0 12.3 1.0 0.6 0.8 0.7

Woodpulp, recovered paper, and paper products

X

2.070 132.8 133.7 4.5 -0.2 2.9 1.8 0.7

Woodpulp and recovered paper

47

0.640 140.1 142.6 -0.8 -1.4 4.8 3.5 1.8

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

48

1.097 129.2 129.0 7.1 0.2 2.0 1.5 -0.2

Printed material (Dec. 2014=100)

49

0.333 107.5 108.4 6.8 0.0 2.9 0.0 0.8

Textile and textile articles

XI

1.702 126.9 126.2 5.0 2.4 0.1 1.2 -0.6

Cotton, including yarns and woven fabrics thereof

52

0.487 145.4 141.6 11.1 6.8 0.3 2.8 -2.6

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

XIII

0.799 124.2 124.2 1.2 0.2 0.1 0.1 0.0

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2015=100)

68

0.268 102.2 102.1 1.0 0.3 0.2 0.1 -0.1

Glass and glassware

70

0.408 99.3 99.3 0.7 0.1 0.1 0.0 0.0

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

XIV

4.048 238.4 238.8 2.3 -0.4 0.2 -0.9 0.2

Base metals and articles of base metals

XV

4.986 164.2 165.1 9.1 0.9 1.2 0.2 0.5

Iron and steel

72

1.124 182.1 182.2 18.6 4.2 4.2 -0.1 0.1

Copper and articles thereof

74

0.555 197.2 206.6 23.3 -1.3 -0.7 -1.8 4.8

Aluminum and articles thereof

76

0.989 123.9 123.8 11.2 0.6 -1.6 2.8 -0.1

Tools, implements, cutlery, spoons and forks, of base metal (Dec. 2015=100)

82

0.313 99.9 99.9 0.4 0.0 0.3 0.0 0.0

Miscellaneous articles of base metal

83

0.340 152.4 153.0 3.4 0.3 0.5 0.3 0.4

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

XVI

27.351 97.5 97.6 1.6 0.0 0.5 0.2 0.1

Machinery and mechanical appliances; parts thereof

84

15.698 115.0 115.0 1.1 0.0 0.7 0.1 0.0

Electrical machinery and equipment and parts and accessories thereof

85

11.653 78.7 78.8 2.3 -0.1 0.5 0.4 0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.185 135.2 135.2 1.9 0.1 0.2 0.1 0.0

Motor vehicles and their parts

87

8.240 116.4 116.3 1.0 0.1 0.2 0.1 -0.1

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

XVIII

5.916 109.4 109.3 2.8 0.2 -0.1 0.1 -0.1

Miscellaneous manufactured articles

XX

1.382 112.1 112.1 -0.3 0.0 0.0 -0.2 0.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.807 128.5 128.6 0.2 0.0 -0.1 -0.3 0.1

Toys, games and sports equipment; parts and accessories thereof

95

0.414 87.5 87.5 -1.4 -0.1 -0.3 -0.1 0.0

Footnotes
(1) Relative importance figures are based on 2016 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: June 2017 to June 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

Industrialized Countries(2)

100.000 126.2 125.8 5.6 -0.2 0.8 1.2 -0.3

Nonmanufacturing

9.368 166.4 161.5 22.4 -2.9 5.1 8.3 -2.9

Manufacturing

90.076 122.3 122.3 3.9 0.1 0.4 0.5 0.0

Canada

100.000 137.1 136.7 10.7 -0.5 1.5 3.1 -0.3

Nonmanufacturing

24.871 159.2 153.7 22.3 -2.9 5.3 9.0 -3.5

Manufacturing

74.187 134.7 135.6 6.9 0.2 0.4 1.4 0.7

European Union(3)

100.000 137.8 137.4 3.5 0.0 0.6 0.4 -0.3

Manufacturing

98.905 134.1 133.8 3.3 0.0 0.5 0.3 -0.2

France (Dec. 2003=100)

100.000 129.2 128.6 5.0 0.0 0.2 0.4 -0.5

Germany (Dec. 2003=100)

100.000 112.4 112.1 -1.8 -0.2 0.4 0.0 -0.3

United Kingdom (Dec. 2003=100)

100.000 121.9 122.2 3.9 0.4 0.2 0.4 0.2

Latin America(4)

100.000 152.3 150.9 5.8 -0.7 0.6 1.0 -0.9

Nonmanufacturing

19.531 277.2 267.2 22.6 -3.6 3.0 4.7 -3.6

Manufacturing

80.199 123.1 122.8 2.2 0.0 0.1 0.1 -0.2

Mexico (Dec. 2003=100)

100.000 129.2 128.6 1.5 -0.2 -0.1 0.4 -0.5

Nonmanufacturing (Dec. 2008=100)

9.093 139.5 132.2 6.6 -1.2 0.1 4.7 -5.2

Manufacturing (Dec. 2008=100)

90.659 88.8 88.8 0.9 -0.2 -0.1 0.0 0.0

Pacific Rim (Dec. 2003=100)(5)

100.000 99.3 99.3 0.9 0.2 0.3 0.1 0.0

China (Dec. 2003=100)

100.000 100.5 100.5 0.5 0.2 0.0 0.1 0.0

Japan

100.000 96.5 96.4 0.1 0.2 0.1 0.0 -0.1

Asian NICs(6)

100.000 89.6 89.5 3.9 0.5 0.5 0.4 -0.1

ASEAN (Dec. 2003=100)(7)

100.000 98.7 98.6 0.6 0.0 0.2 0.2 -0.1

Asia Near East (Dec. 2003=100)(8)

100.000 185.4 183.0 22.9 -0.2 1.3 2.1 -1.3

Footnotes
(1) Relative importance figures are based on 2016 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) European Union countries.
(4) Mexico, Central America, South America, and the Caribbean.
(5) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(6) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(7) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(8) 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. international price indexes and percent changes for selected transportation services: June 2017 to June 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
May
2018(1)
Index Percent change
May
2018
June
2018
Annual Monthly
June
2017
to
June
2018
Feb.
2018
to
Mar.
2018
Mar.
2018
to
Apr.
2018
Apr.
2018
to
May
2018
May
2018
to
June
2018

Air Freight

Import Air Freight

100.000 194.8 192.9 17.1 4.1 6.9 1.7 -1.0

Europe (Dec. 2003=100)

24.037 154.3 149.4 7.5 0.9 1.3 1.3 -3.2

Asia

64.148 189.0 188.4 24.0 6.6 10.2 2.2 -0.3

Export Air Freight

100.000 164.1 164.1 1.4 2.0 0.3 0.7 0.0

Europe (Dec. 2006=100)

32.716 147.8 148.9 1.4 -0.5 0.9 0.0 0.7

Inbound Air Freight

100.000 175.7 175.3 13.0 1.7 4.7 1.5 -0.2

Europe (Dec. 2003=100)

25.808 140.0 136.9 4.8 0.8 -0.1 1.2 -2.2

Asia

59.169 166.5 167.4 16.4 2.6 7.7 2.0 0.5

Outbound Air Freight

100.000 140.2 139.6 -1.0 3.4 -0.1 -1.4 -0.4

Europe (Dec. 2003=100)

33.993 148.6 148.9 2.4 2.4 0.2 0.4 0.2

Asia

41.986 132.0 131.2 -4.5 5.8 -0.4 -3.7 -0.6

Air Passenger Fares

Import Air Passenger Fares

100.000 177.4 190.4 4.8 -6.5 2.8 -2.5 7.3

Europe

42.432 202.9 218.9 10.9 -14.6 4.9 -5.0 7.9

Asia

24.090 139.4 157.0 3.9 0.1 2.9 6.1 12.6

Latin America/Caribbean

9.218 153.7 160.7 -1.2 2.3 -0.3 -8.0 4.6

Export Air Passenger Fares

100.000 151.4 158.9 1.5 3.5 -3.7 -0.7 5.0

Europe

30.539 199.8 212.5 2.3 2.2 -5.2 -0.1 6.4

Asia

25.776 127.4 136.3 6.3 2.1 -5.5 2.2 7.0

Latin America/Caribbean

23.772 156.8 163.1 1.6 0.1 -1.1 -5.3 4.0

Footnotes
(1) Relative importance figures are based on 2016 trade values.

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


                                                TECHNICAL NOTE                                                

Import and Export Merchandise 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 Indexes - Products have been 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 Indexes - Products have been 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 Indexes by Locality of Origin - Prices used in these indexes are a subset of the data collected 
for the import price indexes. Beginning with January 2002, the indexes are defined by locality of origin 
using a nomenclature based upon the North American Industry Classification System (NAICS). 
Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as 
NAICS 31-33. 

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. Merchandise and services indexes also can be used to study U.S. 
competitiveness and to compute price elasticities, and the merchandise import indexes by country or 
region of origin are useful in terms of trade analysis.

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


Last Modified Date: July 13, 2018