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Transmission of material in this release is embargoed until USDL-23-1526 8:30 a.m. (ET) Friday, July 14, 2023 Technical information: (202) 691-7101 * MXPinfo@bls.gov * www.bls.gov/mxp Media contact: (202) 691-5902 * PressOffice@bls.gov U.S. IMPORT AND EXPORT PRICE INDEXES - JUNE 2023 The price index for U.S. imports fell 0.2 percent in June following a 0.4-percent decline in May, the U.S. Bureau of Labor Statistics reported today. Lower nonfuel prices in June more than offset higher fuel prices. Prices for U.S. exports decreased 0.9 percent in June, after declining 1.9 percent the previous month. Imports U.S. import prices decreased 0.2 percent in June and have fallen in 5 of the first 6 months of 2023, after rising 3.2 percent in 2022. Prices for U.S. imports declined 6.1 percent over the past year, the largest 12- month drop since the year ended May 2020. (See table 1.) Fuel Imports: Prices for import fuel rose 0.8 percent in June following a 4.3-percent decline the previous month. Higher petroleum prices in June more than offset lower natural gas prices. Despite the June advance, import fuel prices fell 36.4 percent over the past year, the largest 12-month drop since a 37.5-percent decrease in June 2020. The price index for petroleum rose 1.1 percent in June, after falling 3.8 percent in May. Petroleum prices declined 35.1 percent for the year ended in June. In contrast, natural gas prices decreased in June, falling 5.6 percent following a 20.9-percent drop the previous month. Prices for import natural gas declined 78.4 percent from January to June, driving the index down 70.8 percent over the past 12 months. The 12-month decrease was the largest over-the-year drop since the 12-month percent change series was first published in September 1982. All Imports Excluding Fuel: The price index for nonfuel imports declined 0.4 percent in June, after being unchanged the previous month. Lower prices for nonfuel industrial supplies and materials; consumer goods; capital goods; foods, feeds, and beverages; and automotive vehicles all contributed to the overall decline in June. Prices for nonfuel imports decreased 1.4 percent for the year ended in June. Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages fell 0.3 percent in June following a 1.3-percent drop in May. Lower prices for fish and shellfish in June more than offset higher prices for fruit and meat. Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices decreased 1.1 percent in June following a 0.2-percent decline the previous month. The June drop was led by lower prices for unfinished metals and nonmetals related to durable goods. Finished Goods: Prices for each of the major finished goods import categories were down in June. The price index for consumer goods fell 0.3 percent in June following 0.1-percent advances in both May and April. Lower household goods prices contributed to the decrease in June. Capital goods prices edged down 0.1 percent in June, after being unchanged in May. The decline in June was driven by a 0.3-percent drop in computer prices. Prices for automotive vehicles fell 0.1 percent in June following a 0.3-percent increase the previous month. The June decrease was led by lower prices for parts, engines, bodies, and chassis. Table A. Percent change in Import and Export Price Indexes, selected categories
Month | IMPORTS | EXPORTS | ||||
---|---|---|---|---|---|---|
All imports |
Fuel imports |
Nonfuel imports |
All exports |
Agri- cultural exports |
Non- agricultural exports |
|
2022 |
||||||
June |
0.2 | 5.6 | -0.6 | 1.1 | 0.0 | 1.2 |
July |
-1.4 | -6.9 | -0.5 | -3.7 | -3.2 | -3.8 |
August |
-1.2 | -8.6 | -0.2 | -1.4 | -0.5 | -1.4 |
September |
-1.0 | -6.3 | -0.3 | -0.9 | -0.8 | -0.9 |
October |
-0.3 | -2.2 | -0.1 | -0.5 | -0.6 | -0.5 |
November |
-0.8 | -3.9 | -0.3 | -0.4 | 2.8 | -0.9 |
December |
0.1 | -2.3 | 0.4 | -3.0 | -2.4 | -3.1 |
2023 |
||||||
January |
-0.4 | -4.8 | 0.2 | 0.2 | -0.8 | 0.3 |
February |
-0.2 | -5.6 | 0.4 | 0.4 | 0.8 | 0.3 |
March |
-0.8 | -4.4 | -0.5 | -0.4 | -1.8 | -0.2 |
April |
0.3 | (r)4.6 | (r)-0.1 | -0.1 | 0.4 | -0.1 |
May |
(r)-0.4 | (r)-4.3 | (r)0.0 | -1.9 | (r)-2.4 | (r)-1.9 |
June |
-0.2 | 0.8 | -0.4 | -0.9 | -1.6 | -0.9 |
June 2021 to 2022 |
10.7 | 73.2 | 4.6 | 18.6 | 15.3 | 19.0 |
June 2022 to 2023 |
-6.1 | -36.4 | -1.4 | -12.0 | -9.8 | -12.4 |
Footnotes |
Exports The price index for U.S. exports declined 0.9 percent in June, after falling 1.9 percent the previous month. Lower prices for nonagricultural exports and agricultural exports in June each contributed to the overall decrease. U.S. export prices fell 12.0 percent from June 2022 to June 2023, the largest over-the-year decline since the 12-month percent change series was first published in September 1984. (See table 2.) Agricultural Exports: Prices for agricultural exports fell 1.6 percent in June following a 2.4-percent decline the previous month. Lower prices in June for soybeans, fruit, and nuts more than offset higher meat prices. The price index for agricultural exports decreased 9.8 percent for the year ended in June, the largest over-the-year decline since a 10.7-percent drop from March 2015 to March 2016. All Exports Excluding Agriculture: Nonagricultural prices decreased 0.9 percent in June following a 1.9- percent drop in May. Lower prices for nonagricultural industrial supplies and materials and nonagricultural foods in June more than offset higher prices for capital goods, consumer goods, and automotive vehicles. Prices for nonagricultural exports declined 12.4 percent over the past 12 months, the largest over-the-year drop since the 12-month percent change series was first published in March 1986. Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and materials declined 2.4 percent in June, after falling 4.6 percent in May. The 7.2-percent drop in the second quarter of 2023 was the largest 3-month decrease since January 2023. The June drop was led by lower prices for fuels, chemicals, and nonferrous metals. Finished Goods: Prices for each of the major finished goods export categories were up in June. Capital goods prices advanced 0.2 percent, after ticking up 0.1 percent in May. The June increase was driven by a 1.8-percent rise in the price index for transportation equipment excluding motor vehicles. Prices for consumer goods advanced 0.1 percent in June following a 0.2-percent increase the previous month. The June rise was led by a 3.9-percent advance in jewelry prices. Automotive vehicles prices rose 0.1 percent for the second consecutive month in June. Higher prices for parts, engines, bodies, and chassis contributed to the increases in June and May. 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 declined 0.4 percent for the third consecutive month in June, led by a 0.7-percent decrease in prices for computer and electronic product manufacturing. Prices for imports from China have not recorded a monthly advance since October 2022. The price index for imports from China decreased 2.3 percent over the past year, the largest 12-month drop since November 2009. In contrast, import prices from Japan ticked up 0.1 percent in June, after declining 0.2 percent the previous month. Prices for imports from Japan advanced 0.6 percent over the past 12 months. The price index for imports from Canada fell 0.8 percent in June following a 1.0-percent drop in May. Import prices from Canada decreased 21.9 percent for the year ended in June, the largest 12-month decline since a 26.0- percent drop in May 2020. Prices for imports from the European Union decreased 0.3 percent in June and import prices from Mexico increased 0.2 percent over the same period. (See table 7.) Exports by Locality of Destination: Prices for exports to China declined 1.1 percent in June, after falling 2.3 percent the previous month. Export prices to China decreased 14.1 percent over the past 12 months. The price index for exports to Japan fell 1.5 percent in June following a 3.1-percent decline in May. Prices for exports to Japan decreased 14.3 percent for the year ended in June, the largest over-the-year drop since the 12-month percent change series was first published in December 2018. Export prices to Canada were unchanged in June following a 0.9-percent decline the previous month. The price index for exports to the European Union fell 0.5 percent in June and prices for exports to Mexico decreased 0.4 percent over the same period. (See table 8.) Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure the change in the purchasing power of exports relative to imports. U.S. terms of trade with China fell 0.7 percent in June, after declining 2.0 percent in May. Lower export prices to China in June more than offset lower import prices from China. The index for U.S. terms of trade with China fell 12.1 percent over the past 12 months, the largest over-the-year drop since the 12-month percent change series was first published in December 2018. U.S. terms of trade with Japan decreased 1.7 percent in June and fell 14.9 percent over the past year. The indexes for U.S. terms of trade with the European Union and Mexico declined 0.3 percent and 0.5 percent, respectively, in June. In contrast, U.S. terms of trade with Canada advanced 0.7 percent in June and rose 22.6 percent for the year ended in June. (See table 9.) Import and Export Services Imports: Import air passenger fares rose 10.0 percent in June following an 8.0-percent increase the previous month. The June advance was the largest monthly rise in import air passenger fares since June 2022. The June 2023 increase was primarily driven by an 11.6-percent advance in European fares. Import air passenger fares rose 6.2 percent for the year ended in June. Import air freight prices increased 4.0 percent in June, after decreasing 4.0 percent in May. The June advance was led by a 4.7-percent rise in Asian air freight prices. Despite the June increase, import air freight prices declined 33.8 percent over the past year. (See table 10.) Exports: The index for export air passenger fares advanced 9.3 percent in June following a 5.5-percent drop in May. The June increase was the largest 1-month rise since a 12.4-percent advance in January 2023. Higher Latin American/Caribbean and European fares primarily drove the June increase. Export air passenger fares rose 4.2 percent from June 2022 to June 2023. Export air freight prices fell 4.6 percent in June, after declining 3.8 percent the previous month. Prices for export air freight decreased 19.0 percent over the past 12 months, the largest over-the-year drop since the 12-month percent change series was first published in December 1997. U.S. Import and Export Price Index data for July 2023 are scheduled for release on Tuesday, August 15, 2023, at 8:30 a.m. (ET).
Description | End Use |
Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||||
All commodities |
100.000 | 139.7 | 139.4 | -6.1 | -0.8 | 0.3 | -0.4 | -0.2 | |
All imports excluding food and fuels (Dec. 2010=100) |
84.207 | 108.6 | 108.2 | -1.5 | -0.4 | 0.0 | 0.0 | -0.4 | |
All imports excluding petroleum |
91.720 | 123.9 | 123.5 | -2.0 | -0.6 | -0.2 | -0.2 | -0.3 | |
All imports excluding fuels (Dec. 2001=100) |
91.229 | 127.9 | 127.4 | -1.4 | -0.5 | -0.1 | 0.0 | -0.4 | |
Foods, feeds, & beverages |
0 |
7.022 | 208.6 | 207.9 | -1.0 | -1.0 | -0.5 | -1.3 | -0.3 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
5.576 | 229.2 | 229.4 | 0.3 | -1.4 | -0.1 | -1.4 | 0.1 |
Nonagricultural foods (fish, distilled beverages) |
01 |
1.446 | 160.4 | 157.3 | -6.4 | 0.5 | -1.9 | -0.9 | -1.9 |
Industrial supplies & materials |
1 |
24.670 | 243.6 | 242.6 | -20.5 | -2.5 | 1.6 | -1.7 | -0.4 |
Industrial supplies & materials excluding petroleum |
16.498 | 205.3 | 202.9 | -11.6 | -2.4 | -0.7 | -0.6 | -1.2 | |
Industrial supplies & materials excluding fuels (Dec. 2001=100) |
15.913 | 230.7 | 228.1 | -8.5 | -1.5 | -0.1 | -0.2 | -1.1 | |
Industrial supplies & materials, durable |
10.085 | 225.6 | 220.9 | -8.5 | -1.4 | -0.2 | 0.0 | -2.1 | |
Industrial supplies & materials nondurable excluding petroleum |
6.304 | 181.7 | 182.2 | -15.4 | -3.9 | -1.3 | -1.5 | 0.3 | |
Fuels & lubricants |
10 |
8.771 | 271.9 | 274.1 | -36.4 | -4.4 | 4.6 | -4.3 | 0.8 |
Petroleum & petroleum products |
100 |
8.280 | 293.1 | 296.2 | -35.1 | -3.0 | 5.9 | -3.8 | 1.1 |
Crude petroleum |
10000 |
5.223 | 300.2 | 298.5 | -36.9 | -1.7 | 7.9 | -2.2 | -0.6 |
Fuels, n.e.s.-coals & gas |
101 |
0.356 | 146.8 | 140.8 | -62.5 | -23.1 | -15.7 | -15.3 | -4.1 |
Natural gas |
10110 |
0.246 | 118.1 | 111.5 | -70.8 | -28.8 | -18.9 | -20.9 | -5.6 |
Paper & paper base stocks |
11 |
0.530 | 140.9 | 145.7 | 6.4 | -2.2 | -2.8 | 0.9 | 3.4 |
Materials associated with nondurable supplies & materials |
12 |
5.283 | 200.0 | 200.6 | -9.8 | -1.5 | 0.4 | -0.6 | 0.3 |
Selected building materials |
13 |
1.719 | 187.1 | 184.9 | -15.3 | -0.1 | -2.5 | -0.4 | -1.2 |
Unfinished metals related to durable goods |
14 |
4.176 | 342.9 | 331.1 | -13.2 | -3.1 | 0.2 | 0.3 | -3.4 |
Finished metals related to durable goods |
15 |
2.362 | 218.9 | 217.8 | 1.3 | -0.8 | 1.4 | 0.0 | -0.5 |
Nonmetals related to durable goods |
16 |
1.828 | 127.7 | 125.2 | -2.9 | 0.3 | -1.2 | -0.2 | -2.0 |
Capital goods |
2 |
27.894 | 93.6 | 93.5 | 0.6 | -0.1 | -0.1 | 0.0 | -0.1 |
Electric generating equipment |
20 |
3.755 | 129.6 | 129.5 | 0.5 | -0.1 | -0.1 | 0.2 | -0.1 |
Nonelectrical machinery |
21 |
22.735 | 84.6 | 84.5 | 0.4 | 0.0 | -0.2 | 0.0 | -0.1 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
1.404 | 152.7 | 152.6 | 6.3 | 0.7 | 1.0 | 0.2 | -0.1 |
Automotive vehicles, parts & engines |
3 |
12.867 | 118.0 | 117.9 | 1.6 | -0.2 | 0.1 | 0.3 | -0.1 |
Consumer goods, excluding automotives |
4 |
27.547 | 110.4 | 110.1 | 0.1 | -0.3 | 0.1 | 0.1 | -0.3 |
Nondurables, manufactured |
40 |
12.874 | 125.6 | 125.5 | 0.6 | -0.1 | 0.2 | 0.2 | -0.1 |
Durables, manufactured |
41 |
13.666 | 95.6 | 95.3 | 0.0 | -0.1 | 0.0 | 0.0 | -0.3 |
Nonmanufactured consumer goods |
42 |
1.006 | 129.5 | 126.5 | -4.3 | -4.4 | 1.1 | 0.1 | -2.3 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | End Use |
Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||||
All commodities |
100.000 | 148.1 | 146.7 | -12.0 | -0.4 | -0.1 | -1.9 | -0.9 | |
Agricultural commodities |
11.044 | 243.2 | 239.3 | -9.8 | -1.8 | 0.4 | -2.4 | -1.6 | |
All exports excluding food and fuels (Dec. 2010=100) |
74.395 | 115.1 | 114.5 | -1.2 | 0.0 | 0.1 | 0.1 | -0.5 | |
All exports excluding fuels (June 2022=100) |
84.563 | 99.9 | 99.3 | -0.7 | -0.1 | 0.2 | -0.3 | -0.6 | |
Nonagricultural commodities |
88.956 | 140.8 | 139.6 | -12.4 | -0.2 | -0.1 | -1.9 | -0.9 | |
Foods, feeds, & beverages |
0 |
10.169 | 245.7 | 241.4 | -9.5 | -2.0 | 0.4 | -2.4 | -1.8 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
9.760 | 247.8 | 243.6 | -9.4 | -1.9 | 0.5 | -2.4 | -1.7 |
Nonagricultural foods (fish, distilled beverages) |
01 |
0.409 | 206.1 | 198.5 | -12.1 | -2.7 | -3.6 | -0.6 | -3.7 |
Industrial supplies & materials |
1 |
37.717 | 197.3 | 192.7 | -26.4 | -0.8 | -0.4 | -4.5 | -2.3 |
Industrial supplies & materials, durable |
11.176 | 215.6 | 211.6 | -5.5 | -1.0 | 1.3 | -0.6 | -1.9 | |
Industrial supplies & materials, nondurable |
26.541 | 187.7 | 183.0 | -32.3 | -0.7 | -1.1 | -6.1 | -2.5 | |
Agricultural industrial supplies & materials |
10 |
1.284 | 221.9 | 220.0 | -12.5 | -1.1 | -0.6 | -1.8 | -0.9 |
Nonagricultural industrial supplies & materials |
36.433 | 196.6 | 191.9 | -26.8 | -0.8 | -0.4 | -4.6 | -2.4 | |
Fuels & lubricants |
11 |
15.437 | 226.7 | 220.0 | -42.4 | -1.1 | -1.1 | -10.2 | -3.0 |
Nonagricultural supplies & materials excluding fuels & building materials |
12 |
20.184 | 198.9 | 195.0 | -8.1 | -0.5 | 0.2 | 0.0 | -2.0 |
Selected building materials |
13 |
0.812 | 148.3 | 146.2 | -14.4 | 0.0 | -1.4 | -0.3 | -1.4 |
Capital goods |
2 |
30.979 | 121.1 | 121.4 | 2.5 | 0.3 | 0.2 | 0.1 | 0.2 |
Electrical generating equipment |
20 |
3.466 | 137.6 | 137.4 | 4.5 | 0.2 | 0.1 | 0.1 | -0.1 |
Nonelectrical machinery |
21 |
22.704 | 101.6 | 101.6 | 1.2 | 0.3 | 0.1 | 0.1 | 0.0 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
4.809 | 206.9 | 210.7 | 7.6 | 0.4 | 0.7 | 0.0 | 1.8 |
Automotive vehicles, parts & engines |
3 |
8.219 | 123.6 | 123.7 | 2.5 | 0.1 | -0.4 | 0.1 | 0.1 |
Consumer goods, excluding automotives |
4 |
12.917 | 119.6 | 119.7 | 2.7 | 0.3 | 0.3 | 0.2 | 0.1 |
Nondurables, manufactured |
40 |
6.824 | 110.9 | 110.9 | 0.8 | -0.1 | 0.5 | 0.2 | 0.0 |
Durables, manufactured |
41 |
4.813 | 119.4 | 119.9 | 5.3 | 0.7 | 0.3 | 0.2 | 0.4 |
Nonmanufactured consumer goods (Dec. 2018=100) |
42 |
1.280 | 131.5 | 130.4 | 3.2 | 0.1 | -0.2 | -0.1 | -0.8 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||||
Nonmanufacturing |
8.031 | 142.6 | 141.1 | -31.9 | -4.2 | 4.6 | -3.6 | -1.1 | |
Agriculture, forestry, fishing and hunting |
11 |
2.108 | 209.2 | 207.0 | -3.0 | -4.6 | -0.1 | -2.9 | -1.1 |
Crop production |
111 |
1.674 | 216.1 | 214.2 | -5.1 | -5.7 | -0.8 | -2.4 | -0.9 |
Animal production (Dec. 2022=100) |
112 |
0.261 | 110.9 | 108.7 | - | -3.3 | 3.5 | -5.2 | -2.0 |
Mining |
21 |
5.923 | 138.1 | 136.8 | -38.2 | -4.1 | 6.4 | -3.8 | -0.9 |
Oil and gas extraction |
211 |
5.610 | 135.4 | 134.1 | -39.8 | -4.2 | 5.7 | -3.4 | -1.0 |
Mining (except oil and gas) (Dec. 2022=100) |
212 |
0.313 | 125.5 | 123.4 | - | -1.6 | 18.2 | -11.8 | -1.7 |
Manufacturing |
91.585 | 122.5 | 122.3 | -2.6 | -0.5 | 0.1 | -0.2 | -0.2 | |
Manufacturing, part 1 |
31 |
11.475 | 139.3 | 139.0 | 0.4 | -0.2 | 0.4 | -0.1 | -0.2 |
Food manufacturing |
311 |
4.269 | 189.1 | 188.2 | -0.3 | -0.4 | 0.8 | -0.4 | -0.5 |
Beverage and tobacco product manufacturing |
312 |
1.179 | 139.9 | 139.8 | 4.0 | 0.7 | 0.2 | 0.1 | -0.1 |
Apparel manufacturing |
315 |
3.223 | 119.3 | 119.1 | 1.7 | -0.3 | 0.3 | -0.1 | -0.2 |
Leather and allied product manufacturing |
316 |
1.371 | 126.7 | 126.9 | -0.4 | -0.1 | 0.2 | 0.2 | 0.2 |
Manufacturing, part 2 |
32 |
19.883 | 142.9 | 143.6 | -9.7 | -1.3 | 0.1 | -0.8 | 0.5 |
Paper manufacturing |
322 |
0.974 | 123.3 | 125.0 | 1.9 | -1.3 | -1.4 | 0.4 | 1.4 |
Petroleum and coal products manufacturing |
324 |
2.870 | 132.6 | 138.5 | -28.9 | -5.2 | 3.2 | -6.6 | 4.4 |
Chemical manufacturing |
325 |
11.232 | 152.1 | 152.1 | -5.9 | -0.8 | -0.1 | 0.1 | 0.0 |
Plastics and rubber products manufacturing |
326 |
2.664 | 134.8 | 134.4 | 1.1 | 0.2 | 0.1 | 0.8 | -0.3 |
Nonmetallic mineral product manufacturing |
327 |
1.070 | 145.0 | 144.0 | 1.7 | 0.2 | 0.2 | 0.6 | -0.7 |
Manufacturing, part 3 |
33 |
60.227 | 113.1 | 112.7 | -0.5 | -0.4 | 0.0 | 0.1 | -0.4 |
Primary metal manufacturing |
331 |
4.996 | 232.5 | 226.0 | -9.0 | -3.0 | 0.4 | 0.6 | -2.8 |
Fabricated metal product manufacturing |
332 |
3.339 | 149.5 | 148.9 | -1.6 | 0.0 | 0.3 | -0.2 | -0.4 |
Machinery manufacturing |
333 |
7.743 | 131.9 | 131.7 | 3.8 | 0.2 | 0.2 | 0.3 | -0.2 |
Computer and electronic product manufacturing |
334 |
16.807 | 72.9 | 72.7 | -1.8 | -0.4 | -0.5 | -0.3 | -0.3 |
Electrical equipment, appliance, and component manufacturing |
335 |
5.989 | 127.7 | 127.6 | 0.6 | 0.2 | 0.2 | 0.2 | -0.1 |
Transportation equipment manufacturing |
336 |
13.058 | 117.0 | 116.9 | 1.8 | 0.0 | 0.1 | 0.3 | -0.1 |
Furniture and related product manufacturing |
337 |
2.019 | 129.2 | 129.5 | 2.7 | -0.1 | -0.1 | 0.3 | 0.2 |
Miscellaneous manufacturing |
339 |
6.277 | 128.4 | 128.1 | 0.9 | 0.2 | 0.2 | 0.4 | -0.2 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||||
Nonmanufacturing |
14.372 | 170.9 | 163.3 | -36.8 | -2.6 | -0.2 | -7.7 | -4.4 | |
Agriculture, forestry, fishing and hunting |
11 |
5.548 | 208.8 | 202.8 | -17.7 | -3.0 | 0.2 | -3.7 | -2.9 |
Crop production |
111 |
5.234 | 221.9 | 215.4 | -18.1 | -3.1 | 0.3 | -3.8 | -2.9 |
Mining |
21 |
8.824 | 100.7 | 95.3 | -45.4 | -2.4 | -0.4 | -10.1 | -5.4 |
Oil and gas extraction (Dec. 2021=100) |
211 |
7.360 | 86.7 | 82.5 | -47.9 | -3.2 | -0.9 | -10.6 | -4.8 |
Mining (except oil and gas) |
212 |
1.465 | 148.5 | 136.0 | -24.6 | 2.1 | 2.0 | -7.0 | -8.4 |
Manufacturing |
83.879 | 134.0 | 133.6 | -5.8 | 0.0 | 0.0 | -0.9 | -0.3 | |
Manufacturing, part 1 |
31 |
7.018 | 174.2 | 173.5 | -2.7 | -0.8 | 0.2 | -0.9 | -0.4 |
Food manufacturing |
311 |
5.176 | 204.9 | 204.3 | -3.0 | -1.1 | 0.2 | -1.0 | -0.3 |
Beverage and tobacco product manufacturing |
312 |
0.552 | 148.4 | 144.5 | -1.9 | 0.0 | 0.7 | -1.3 | -2.6 |
Manufacturing, part 2 |
32 |
26.218 | 136.2 | 135.3 | -18.0 | 0.4 | -0.8 | -2.7 | -0.7 |
Wood product manufacturing (Dec. 2017=100) |
321 |
0.412 | 116.7 | 114.6 | -19.9 | 0.0 | -1.0 | -0.1 | -1.8 |
Paper manufacturing |
322 |
1.579 | 146.5 | 143.8 | -4.4 | -2.4 | -3.2 | -2.5 | -1.8 |
Petroleum and coal products manufacturing |
324 |
6.326 | 144.0 | 144.4 | -39.6 | 0.9 | -1.8 | -10.9 | 0.3 |
Chemical manufacturing |
325 |
14.655 | 135.9 | 134.4 | -7.1 | 0.4 | -0.1 | 0.6 | -1.1 |
Plastics and rubber products manufacturing |
326 |
2.288 | 133.2 | 132.9 | 1.8 | 0.2 | -0.4 | 0.2 | -0.2 |
Nonmetallic mineral product manufacturing |
327 |
0.763 | 130.9 | 130.9 | -3.0 | 0.1 | 0.0 | 0.1 | 0.0 |
Manufacturing, part 3 |
33 |
50.642 | 128.9 | 128.9 | 1.7 | -0.1 | 0.3 | 0.1 | 0.0 |
Primary metal manufacturing |
331 |
4.434 | 208.7 | 204.7 | -8.3 | -3.1 | 3.0 | -0.5 | -1.9 |
Machinery manufacturing |
333 |
9.563 | 149.1 | 149.1 | 5.2 | 0.5 | 0.4 | 0.1 | 0.0 |
Computer and electronic product manufacturing |
334 |
12.951 | 83.6 | 83.5 | -1.6 | -0.1 | 0.0 | 0.0 | -0.1 |
Electrical equipment, appliance, and component manufacturing |
335 |
3.599 | 135.9 | 135.7 | 4.6 | 0.0 | 0.2 | 0.2 | -0.1 |
Transportation equipment manufacturing |
336 |
12.075 | 142.4 | 143.5 | 4.4 | 0.1 | 0.0 | 0.0 | 0.8 |
Miscellaneous manufacturing |
339 |
4.966 | 138.5 | 138.7 | 4.8 | 0.9 | 0.2 | 0.3 | 0.1 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative importance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||||
Live animals; animal products |
I |
1.569 | 236.2 | 233.6 | -1.8 | -0.3 | 1.3 | -1.7 | -1.1 |
Meat and edible meat offal |
02 |
0.405 | 321.4 | 325.9 | -4.9 | 1.0 | 4.7 | 2.1 | 1.4 |
Fish and crustaceans, molluscs and other aquatic invertebrates |
03 |
0.813 | 156.6 | 151.5 | -8.2 | 1.0 | -3.3 | -1.8 | -3.3 |
Vegetable products |
II |
2.141 | 245.7 | 243.3 | -3.0 | -4.0 | 0.0 | -2.1 | -1.0 |
Edible vegetables, roots, and tubers |
07 |
0.527 | 471.6 | 461.8 | 10.3 | -1.8 | -3.4 | 4.5 | -2.1 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.727 | 115.3 | 116.1 | -9.2 | -4.9 | -0.4 | -7.4 | 0.7 |
Coffee, tea, mate and spices |
09 |
0.396 | 306.2 | 304.4 | -5.3 | 0.4 | -0.2 | 0.3 | -0.6 |
Animal or vegetable fats and oils (Dec. 2009=100) |
III |
0.381 | 146.5 | 144.5 | -9.9 | -2.8 | 1.2 | -1.2 | -1.4 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.368 | 194.8 | 195.4 | 4.4 | 0.6 | -0.2 | 0.1 | 0.3 |
Sugars and sugar confectionary (Dec. 2021=100) |
17 |
0.214 | 114.3 | 114.0 | 8.5 | 0.8 | 0.9 | 0.5 | -0.3 |
Cocoa and cocoa preparations (Dec. 2009=100) |
18 |
0.239 | 118.4 | 121.3 | 19.3 | 2.1 | 5.3 | -2.8 | 2.4 |
Miscellaneous edible preparations (Dec. 2022=100) |
21 |
0.393 | 97.8 | 98.2 | - | 0.5 | -3.2 | 0.5 | 0.4 |
Beverages, spirits, and vinegar |
22 |
1.113 | 153.7 | 153.4 | 3.7 | 0.9 | 0.3 | 0.2 | -0.2 |
Mineral products |
V |
8.907 | 279.9 | 282.3 | -35.7 | -4.4 | 5.3 | -4.8 | 0.9 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
8.518 | 271.3 | 273.9 | -36.9 | -4.6 | 4.8 | -4.5 | 1.0 |
Products of the chemical or allied industries |
VI |
10.688 | 173.7 | 173.4 | -3.5 | -1.0 | -0.2 | 0.3 | -0.2 |
Inorganic chemicals |
28 |
0.630 | 519.2 | 518.9 | -6.9 | -3.0 | -1.1 | 0.1 | -0.1 |
Organic chemicals |
29 |
2.427 | 147.0 | 146.7 | -4.7 | -1.3 | -0.2 | 0.6 | -0.2 |
Pharmaceutical products |
30 |
5.282 | 148.5 | 148.3 | -0.3 | 0.0 | 0.3 | 0.1 | -0.1 |
Fertilizers (Dec. 2022=100) |
31 |
0.374 | 69.8 | 70.6 | - | -9.9 | -5.8 | -0.9 | 1.1 |
Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100) |
32 |
0.208 | 102.9 | 102.0 | - | -1.1 | -1.4 | 2.2 | -0.9 |
Miscellaneous chemical products |
38 |
0.847 | 122.6 | 121.2 | 2.7 | -0.9 | -0.2 | 0.9 | -1.1 |
Plastics and articles thereof; rubber and articles thereof |
VII |
4.176 | 158.5 | 158.7 | -2.2 | 0.7 | 0.4 | 0.0 | 0.1 |
Plastics and articles thereof |
39 |
2.721 | 158.2 | 158.4 | -4.4 | 1.1 | 0.3 | -0.4 | 0.1 |
Rubber and articles thereof |
40 |
1.455 | 162.1 | 162.6 | 2.5 | -0.1 | 0.6 | 0.7 | 0.3 |
Woodpulp, recovered paper, and paper products |
X |
0.970 | 129.4 | 132.0 | 1.4 | -1.1 | -2.2 | 0.7 | 2.0 |
Textile and textile articles |
XI |
4.452 | 121.2 | 121.0 | 0.7 | -0.1 | 0.2 | 0.2 | -0.2 |
Articles of apparel and clothing accessories, not knitted or crocheted |
62 |
1.228 | 127.4 | 127.0 | 0.7 | 0.1 | 0.2 | -0.2 | -0.3 |
Headgear, umbrellas, artificial flowers, etc. |
XII |
1.203 | 126.6 | 126.8 | 0.5 | -0.1 | 0.2 | 0.2 | 0.2 |
Footwear and parts of such articles |
64 |
0.953 | 123.4 | 123.7 | 0.3 | -0.1 | 0.2 | 0.3 | 0.2 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.937 | 137.9 | 137.5 | 2.1 | 0.4 | 0.5 | 0.6 | -0.3 |
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100) |
68 |
0.345 | 102.9 | 102.9 | 0.9 | 0.3 | 0.1 | 0.2 | 0.0 |
Glass and glassware (Dec. 2021=100) |
70 |
0.326 | 107.1 | 106.7 | 4.8 | 0.7 | 1.9 | 0.8 | -0.4 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
3.387 | 237.9 | 232.2 | -1.3 | -4.4 | 2.6 | 1.6 | -2.4 |
Base metals and articles of base metals |
XV |
6.349 | 236.9 | 233.3 | -8.2 | -0.2 | -0.7 | -0.5 | -1.5 |
Articles of iron or steel |
73 |
1.899 | 206.1 | 202.8 | -2.0 | 0.4 | 0.1 | -0.7 | -1.6 |
Copper and articles thereof |
74 |
0.541 | 378.0 | 370.3 | -11.3 | -0.3 | -1.4 | -2.8 | -2.0 |
Aluminum and articles thereof |
76 |
1.077 | 191.6 | 190.2 | -9.7 | -2.7 | -0.6 | -0.3 | -0.7 |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof |
82 |
0.449 | 131.9 | 131.9 | 1.3 | 0.4 | -0.1 | -0.2 | 0.0 |
Miscellaneous articles of base metal |
83 |
0.552 | 148.4 | 147.5 | -3.1 | -0.1 | -1.2 | -0.3 | -0.6 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
29.992 | 82.7 | 82.6 | -0.1 | -0.1 | -0.2 | 0.0 | -0.1 |
Machinery and mechanical appliances; parts thereof |
84 |
15.270 | 89.6 | 89.5 | 0.4 | -0.2 | -0.4 | 0.0 | -0.1 |
Electrical machinery and equip, sound and TV recorders & reproducers, parts |
85 |
14.722 | 76.2 | 76.1 | -0.7 | 0.0 | 0.0 | -0.1 | -0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
10.873 | 121.6 | 121.6 | 1.8 | -0.2 | 0.0 | 0.2 | 0.0 |
Motor vehicles and their parts |
87 |
10.246 | 120.7 | 120.6 | 1.6 | -0.1 | -0.1 | 0.2 | -0.1 |
Aircraft, spacecraft, and parts thereof (Dec. 2020=100) |
88 |
0.516 | 108.3 | 108.0 | 4.7 | 0.3 | 0.0 | 0.0 | -0.3 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
4.152 | 108.0 | 108.0 | 2.6 | 0.6 | 0.6 | 0.2 | 0.0 |
Optical, photographic, measuring and medical instruments |
90 |
3.863 | 103.7 | 103.7 | 2.3 | 0.7 | 0.6 | 0.1 | 0.0 |
Miscellaneous manufactured articles |
XX |
4.850 | 120.3 | 120.3 | 1.9 | 0.0 | 0.1 | 0.0 | 0.0 |
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs |
94 |
2.758 | 127.6 | 127.7 | 1.7 | -0.2 | 0.2 | -0.2 | 0.1 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
1.791 | 106.7 | 106.6 | 0.9 | 0.2 | -0.2 | 0.3 | -0.1 |
Miscellaneous manufactured articles |
96 |
0.301 | 147.3 | 147.3 | 8.9 | 0.2 | 0.4 | 0.0 | 0.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||||
Live animals; animal products |
I |
2.104 | 262.8 | 259.9 | -10.5 | -2.0 | -0.3 | -0.5 | -1.1 |
Meat & edible meat offal (Dec. 2006=100) |
02 |
1.346 | 218.2 | 220.2 | -6.0 | 1.8 | 1.7 | 1.3 | 0.9 |
Fish and crustaceans, mollusks and aquatic invertebrates (Dec. 2022=100) |
03 |
0.262 | 88.0 | 83.2 | - | -4.4 | -5.3 | -0.9 | -5.5 |
Vegetable products |
II |
5.309 | 277.4 | 269.2 | -15.8 | -2.9 | 0.6 | -4.0 | -3.0 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.871 | 143.7 | 137.2 | -6.5 | 0.6 | 0.8 | 3.5 | -4.5 |
Cereals |
10 |
1.887 | 302.8 | 300.8 | -19.5 | -4.7 | 1.4 | -7.1 | -0.7 |
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder |
12 |
2.053 | 297.3 | 278.5 | -19.7 | -2.5 | -0.7 | -3.8 | -6.3 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.070 | 187.7 | 187.6 | 3.5 | -0.4 | 0.6 | -0.9 | -0.1 |
Miscellaneous edible preparations (Dec. 2017=100) |
21 |
0.680 | 117.1 | 117.3 | 9.3 | 0.4 | 0.0 | -0.1 | 0.2 |
Beverages, spirits, and vinegar (Dec. 2008=100) |
22 |
0.477 | 109.5 | 109.3 | 0.5 | 0.6 | 0.0 | 0.2 | -0.2 |
Residues and waste from the food industries; prepared animal feed |
23 |
0.799 | 311.8 | 305.8 | -5.8 | -3.1 | 1.8 | -3.4 | -1.9 |
Mineral products |
V |
15.203 | 271.2 | 263.0 | -43.0 | -1.1 | -0.9 | -10.4 | -3.0 |
Ores, slag and ash (Dec. 2012=100) |
26 |
0.523 | 138.1 | 131.2 | -10.9 | 0.1 | 1.9 | -5.3 | -5.0 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
14.457 | 258.4 | 250.7 | -44.1 | -1.1 | -1.0 | -10.7 | -3.0 |
Products of the chemical or allied industries |
VI |
13.097 | 164.6 | 163.3 | -1.8 | -0.1 | -0.2 | 0.7 | -0.8 |
Pharmaceutical products |
30 |
4.495 | 108.3 | 108.3 | 1.3 | -0.1 | 0.7 | 0.5 | 0.0 |
Essential oils and resinoids; perfumery cosmetic or toilet preparations |
33 |
0.879 | 149.2 | 149.4 | 6.9 | -0.1 | 1.4 | 0.0 | 0.1 |
Soap; lubricants; waxes, polishing or scouring products; candles, pastes |
34 |
0.479 | 136.3 | 136.3 | 3.4 | 0.0 | 0.0 | 0.0 | 0.0 |
Miscellaneous chemical products |
38 |
2.328 | 192.8 | 192.9 | 3.4 | 0.3 | 0.7 | 0.5 | 0.1 |
Plastics and articles thereof; rubber and articles thereof |
VII |
4.645 | 159.5 | 157.7 | -10.9 | 0.9 | -0.4 | -0.2 | -1.1 |
Plastics and articles thereof |
39 |
3.844 | 157.1 | 155.2 | -12.7 | 1.0 | -0.4 | -0.3 | -1.2 |
Rubber and articles thereof |
40 |
0.801 | 168.9 | 167.9 | 0.5 | 0.2 | -0.3 | 0.2 | -0.6 |
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100) |
IX |
0.482 | 109.3 | 106.4 | -23.9 | -0.1 | -2.4 | -0.5 | -2.7 |
Woodpulp, recovered paper, and paper products |
X |
1.714 | 145.0 | 142.8 | -8.8 | -2.9 | -3.0 | -2.6 | -1.5 |
Woodpulp and recovered paper (Dec. 2019=100) |
47 |
0.491 | 145.8 | 141.1 | -25.0 | -1.3 | -12.0 | -6.6 | -3.2 |
Paper and paperboard; articles of paper pulp, paper or paperboard |
48 |
0.981 | 146.9 | 145.5 | 0.6 | -4.6 | 1.8 | -1.2 | -1.0 |
Cotton, including yarns and woven fabrics thereof |
52 |
0.513 | 158.6 | 163.2 | -22.9 | -3.8 | -1.9 | -1.7 | 2.9 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.746 | 146.4 | 146.4 | -0.5 | 0.0 | 0.3 | 0.1 | 0.0 |
Glass and glassware (Dec. 2019=100) |
70 |
0.456 | 111.0 | 111.0 | 0.3 | 0.0 | 0.7 | 0.0 | 0.0 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
4.788 | 325.5 | 318.6 | -3.4 | -3.1 | 3.2 | 0.3 | -2.1 |
Base metals and articles of base metals |
XV |
4.589 | 212.7 | 209.7 | -4.6 | 0.9 | 0.0 | -0.9 | -1.4 |
Copper and articles thereof |
74 |
0.597 | 263.4 | 255.9 | -12.0 | -4.9 | 1.3 | -2.9 | -2.8 |
Aluminum and articles thereof |
76 |
0.690 | 147.7 | 145.4 | -5.9 | -0.3 | -1.3 | -0.3 | -1.6 |
Miscellaneous articles of base metal (Dec. 2022=100) |
83 |
0.320 | 101.7 | 101.8 | - | 2.7 | 0.1 | 0.2 | 0.1 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
26.079 | 106.4 | 106.7 | 2.5 | 0.1 | 0.2 | 0.0 | 0.3 |
Machinery and mechanical appliances; parts thereof |
84 |
15.079 | 129.5 | 130.3 | 4.3 | 0.2 | 0.6 | 0.0 | 0.6 |
Electrical machinery and equipment and parts and accessories thereof |
85 |
10.999 | 82.2 | 82.1 | 0.1 | -0.2 | -0.4 | 0.1 | -0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
9.123 | 150.0 | 150.0 | 2.2 | 0.1 | -0.1 | 0.1 | 0.0 |
Motor vehicles and their parts |
87 |
6.871 | 124.7 | 124.7 | 1.1 | 0.0 | -0.4 | 0.0 | 0.0 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
5.638 | 117.1 | 117.1 | 2.7 | 1.2 | 0.4 | 0.1 | 0.0 |
Miscellaneous manufactured articles |
XX |
1.224 | 136.7 | 136.9 | 6.0 | -0.3 | 0.4 | 0.0 | 0.1 |
Furniture; stuffed furnishings; lamps and lighting fittings nesoi |
94 |
0.585 | 149.9 | 149.9 | -0.2 | -0.5 | 0.8 | 0.0 | 0.0 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
0.494 | 118.3 | 118.6 | 17.8 | -0.1 | 0.1 | 0.3 | 0.3 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | |||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
||||
Industrialized Countries(2) |
100.000 | 145.1 | 144.4 | -8.4 | -0.8 | 0.9 | -0.1 | -0.5 |
Nonmanufacturing |
10.889 | 245.3 | 241.7 | -37.0 | -2.3 | 6.3 | -1.3 | -1.5 |
Manufacturing |
88.553 | 136.9 | 136.5 | -2.6 | -0.6 | 0.3 | 0.1 | -0.3 |
Canada |
100.000 | 172.2 | 170.9 | -21.9 | -1.1 | 0.9 | -1.0 | -0.8 |
Nonmanufacturing |
30.945 | 241.1 | 237.7 | -38.4 | -2.3 | 6.5 | -1.4 | -1.4 |
Manufacturing |
68.062 | 157.2 | 156.7 | -10.7 | -0.8 | -1.4 | -0.8 | -0.3 |
European Union |
100.000 | 155.9 | 155.5 | 0.3 | -0.4 | 0.5 | 0.4 | -0.3 |
Manufacturing |
99.212 | 151.6 | 151.3 | 0.7 | -0.3 | 0.4 | 0.4 | -0.2 |
France (Dec. 2003=100) |
100.000 | 151.2 | 151.9 | 4.5 | 0.1 | 3.1 | 0.3 | 0.5 |
Germany (Dec. 2003=100) |
100.000 | 125.3 | 124.7 | 1.0 | -1.0 | -0.3 | 0.6 | -0.5 |
United Kingdom (Dec. 2003=100) |
100.000 | 136.4 | 135.5 | -2.5 | -1.0 | 1.8 | -0.3 | -0.7 |
Latin America(3) |
100.000 | 168.3 | 168.5 | -4.5 | -0.1 | 0.4 | -0.8 | 0.1 |
Nonmanufacturing |
13.352 | 305.3 | 305.0 | -24.4 | -3.5 | 3.3 | -3.8 | -0.1 |
Manufacturing |
86.383 | 137.3 | 137.5 | 0.2 | 0.5 | -0.1 | -0.2 | 0.1 |
Mexico (Dec. 2003=100) |
100.000 | 142.4 | 142.7 | -1.7 | -0.2 | 0.6 | 0.0 | 0.2 |
Nonmanufacturing (Dec. 2008=100) |
8.203 | 154.4 | 157.3 | -24.5 | -2.8 | 4.3 | -0.1 | 1.9 |
Manufacturing (Dec. 2008=100) |
91.535 | 98.1 | 98.2 | 1.9 | 0.0 | 0.2 | 0.1 | 0.1 |
Pacific Rim (Dec. 2003=100)(4) |
100.000 | 103.1 | 102.8 | -2.5 | -0.4 | -0.3 | -0.2 | -0.3 |
China (Dec. 2003=100) |
100.000 | 102.3 | 101.9 | -2.3 | -0.5 | -0.4 | -0.4 | -0.4 |
Japan |
100.000 | 100.8 | 100.9 | 0.6 | -0.4 | 0.4 | -0.2 | 0.1 |
Taiwan (Dec. 2018=100) |
100.000 | 110.4 | 110.1 | -1.9 | 0.1 | -0.4 | -0.3 | -0.3 |
Asian NICs(5) |
100.000 | 94.9 | 95.0 | -6.2 | -0.4 | -0.8 | -1.0 | 0.1 |
ASEAN (Dec. 2003=100)(6) |
100.000 | 102.2 | 101.8 | -4.1 | -0.3 | 0.0 | -1.1 | -0.4 |
Asia Near East (Dec. 2003=100)(7) |
100.000 | 214.2 | 214.2 | -21.4 | -1.8 | 1.6 | -2.5 | 0.0 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | |||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
||||
Industrialized Countries(2) |
100.000 | 119.1 | 118.7 | -6.8 | 0.1 | 0.1 | -1.5 | -0.3 |
Nonmanufacturing |
11.896 | 130.2 | 126.8 | -34.2 | -0.9 | 0.1 | -10.0 | -2.6 |
Manufacturing |
86.185 | 118.0 | 118.0 | -0.8 | 0.3 | 0.0 | -0.3 | 0.0 |
Canada |
100.000 | 127.6 | 127.6 | -4.2 | 0.4 | -0.4 | -0.9 | 0.0 |
Nonmanufacturing (Dec. 2020=100) |
7.307 | 127.8 | 124.7 | -36.6 | -2.0 | 1.3 | -5.9 | -2.4 |
Manufacturing (Dec. 2020=100) |
90.927 | 119.9 | 120.1 | 0.3 | 0.7 | -0.7 | -0.5 | 0.2 |
European Union |
100.000 | 116.5 | 115.9 | -7.8 | 0.2 | 1.1 | -1.9 | -0.5 |
Nonmanufacturing |
14.920 | 131.4 | 128.0 | -30.7 | -0.2 | 4.8 | -9.9 | -2.6 |
Manufacturing |
83.084 | 113.3 | 113.4 | -1.4 | 0.3 | 0.4 | -0.4 | 0.1 |
Germany |
100.000 | 116.7 | 116.3 | 1.5 | 0.0 | 1.2 | -0.2 | -0.3 |
Latin America(3) |
100.000 | 122.0 | 121.5 | -20.2 | -0.4 | -0.6 | -2.9 | -0.4 |
Nonmanufacturing |
8.898 | 133.9 | 128.5 | -50.6 | -1.9 | -3.7 | -7.8 | -4.0 |
Manufacturing |
90.458 | 121.4 | 121.3 | -15.1 | -0.2 | -0.3 | -2.3 | -0.1 |
Mexico |
100.000 | 122.8 | 122.3 | -16.7 | 0.2 | -0.2 | -2.0 | -0.4 |
Nonmanufacturing |
7.656 | 115.4 | 110.8 | -56.2 | -0.3 | -5.9 | -6.6 | -4.0 |
Manufacturing |
91.702 | 124.4 | 124.3 | -10.5 | 0.2 | 0.2 | -1.6 | -0.1 |
Pacific Rim(4) |
100.000 | 113.8 | 112.7 | -10.2 | -0.8 | 0.3 | -2.3 | -1.0 |
Nonmanufacturing |
21.100 | 120.9 | 116.1 | -30.7 | -2.6 | 1.5 | -8.3 | -4.0 |
Manufacturing |
77.622 | 113.5 | 113.5 | -1.2 | -0.2 | -0.1 | -0.6 | 0.0 |
China |
100.000 | 109.3 | 108.1 | -14.1 | -0.4 | -0.4 | -2.3 | -1.1 |
Nonmanufacturing |
27.975 | 112.1 | 108.7 | -31.3 | -1.8 | 1.4 | -6.6 | -3.0 |
Manufacturing |
70.925 | 110.7 | 110.2 | -3.3 | 0.1 | -1.0 | -0.4 | -0.5 |
Japan |
100.000 | 113.0 | 111.3 | -14.3 | -1.1 | -0.7 | -3.1 | -1.5 |
Nonmanufacturing |
24.536 | 124.3 | 118.5 | -37.5 | -1.7 | -1.0 | -11.8 | -4.7 |
Manufacturing |
74.096 | 109.8 | 109.5 | -1.4 | -0.5 | -0.5 | 0.0 | -0.3 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Index | Percent change | |||||
---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | ||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
|||
Industrialized Countries(2) |
100.5 | 100.6 | 1.7 | 0.9 | -0.9 | -1.3 | 0.1 |
Canada |
97.4 | 98.1 | 22.6 | 1.5 | -1.3 | 0.1 | 0.7 |
European Union |
100.6 | 100.3 | -8.1 | 0.6 | 0.7 | -2.2 | -0.3 |
Germany |
107.2 | 107.3 | 0.5 | 1.0 | 1.5 | -0.7 | 0.1 |
Latin America(3) |
107.9 | 107.4 | -16.4 | -0.4 | -0.9 | -2.2 | -0.5 |
Mexico |
111.2 | 110.6 | -15.3 | 0.4 | -0.9 | -2.0 | -0.5 |
Pacific Rim(4) |
108.6 | 107.9 | -7.9 | -0.4 | 0.6 | -2.2 | -0.6 |
China |
106.9 | 106.2 | -12.1 | 0.0 | 0.1 | -2.0 | -0.7 |
Japan |
107.1 | 105.3 | -14.9 | -0.7 | -1.0 | -2.9 | -1.7 |
Footnotes |
|||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance May 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
May 2023 |
Jun. 2023 |
Annual | Monthly | |||||
Jun. 2022 to Jun. 2023 |
Feb. 2023 to Mar. 2023 |
Mar. 2023 to Apr. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
||||
Air Freight |
||||||||
Import Air Freight |
100.000 | 229.9 | 239.0 | -33.8 | -2.8 | 2.8 | -4.0 | 4.0 |
Europe (Dec. 2003=100) |
29.643 | 224.1 | 226.7 | -26.6 | -5.0 | -14.6 | 1.9 | 1.2 |
Asia |
69.872 | 214.9 | 225.0 | -36.8 | -2.0 | 12.0 | -5.6 | 4.7 |
Export Air Freight |
100.000 | 180.0 | 171.8 | -19.0 | -6.8 | -1.2 | -3.8 | -4.6 |
Europe (Dec. 2006=100) |
24.731 | 138.0 | 137.5 | -19.9 | -1.5 | -2.8 | -4.8 | -0.4 |
Asia (Dec. 2011=100) |
52.662 | 140.6 | 131.3 | -21.9 | -8.7 | -1.0 | -4.3 | -6.6 |
Inbound Air Freight |
100.000 | 164.9 | 168.2 | -36.0 | -4.8 | -1.0 | -3.0 | 2.0 |
Europe (Dec. 2003=100) |
30.555 | 161.9 | 163.6 | -19.0 | -2.7 | -10.8 | 1.5 | 1.1 |
Asia |
58.274 | 147.2 | 148.8 | -45.2 | -7.1 | 4.5 | -3.3 | 1.1 |
Outbound Air Freight |
100.000 | 175.0 | 176.8 | -22.4 | -7.6 | -6.0 | -4.9 | 1.0 |
Europe (Dec. 2003=100) |
28.913 | 169.2 | 168.9 | -16.7 | -3.9 | -7.7 | -3.1 | -0.2 |
Asia |
53.775 | 188.8 | 193.2 | -25.8 | -10.5 | -5.7 | -7.1 | 2.3 |
Air Passenger Fares |
||||||||
Import Air Passenger Fares |
100.000 | 184.4 | 202.9 | 6.2 | 1.9 | -5.4 | 8.0 | 10.0 |
Europe |
47.508 | 216.7 | 241.9 | 13.0 | 1.6 | -2.3 | 14.5 | 11.6 |
Asia |
5.887 | 185.0 | 199.0 | -8.0 | -1.5 | 3.6 | 6.3 | 7.6 |
Latin America/Caribbean |
14.926 | 151.4 | 161.0 | 2.9 | 5.7 | -5.7 | -9.5 | 6.3 |
Export Air Passenger Fares |
100.000 | 181.2 | 198.0 | 4.2 | 6.4 | 0.6 | -5.5 | 9.3 |
Europe |
21.091 | 223.1 | 262.9 | 15.1 | 2.1 | -1.9 | 5.8 | 17.8 |
Asia |
12.173 | 201.4 | 214.8 | 5.9 | -8.7 | 8.1 | 3.7 | 6.7 |
Latin America/Caribbean |
53.167 | 179.7 | 193.4 | 2.8 | 12.4 | 1.6 | -13.0 | 7.6 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
TECHNICAL NOTE Import and Export Goods and Services Price Indexes - All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the weights. Published series use a base year of 2000=100 where possible. More detailed index series and additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101. Merchandise Goods Classification Systems - The merchandise price indexes are published using three classification systems. Items are classified by end use according to the Bureau of Economic Analysis Classification System, by industry according to the North American Industry Classification System (NAICS), and by product category according to the Harmonized System (HS). While classification by end use and product category are self-explanatory, some notes are in order for classifying items by industry. In the NAICS imports and exports tables, items are classified by output industry, not input industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS classification structure also matches the classification system used by the Producer Price Index (PPI) to produce the NAICS primary products indexes. Import Price Goods Indexes - Items are classified by the Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Goods Indexes - Items are classified by the Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Services Price Indexes - Indexes for import and export air passenger fares calculate changes in the average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both the import and export air passenger fares indexes. Import air passenger fares data have used the airline consulting service source since September 2008. Before April 2018, the export air passenger fares data were collected directly by BLS from U.S. airlines. The air freight indexes are calculated from data collected directly from airlines. These data exclude mail and passenger baggage. The scope of the service being priced is the movement of freight from airport to airport only, and does not include any ground transportation or port service. The air freight indexes are presented using two definitions: balance of payments (which represents transactions between U.S. and foreign residents) and international (which represents transactions inbound to and outbound from the United States.) Fact sheets specifying detailed information for each services industry are available at www.bls.gov/mxp under "MXP Publications." Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data collected for the import price indexes. The indexes are specific to a country, region, or grouping and, beginning with January 2002, are based on the North American Industry Classification System (NAICS) covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data collected for the export price indexes. The indexes are specific to a country, region, or grouping and are based on the North American Industry Classification System (NAICS) covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of import prices for a specific country, region, or grouping. The indexes are calculated as one country, region, or grouping's all-export goods price index divided by the corresponding all-import goods price index on a scale of 100. Relative Importance - A relative importance is a specific index's price-updated value share (expressed as a percentage) of overall imports or exports at a specific point in time. Relative importance values are affected by the trade weights at the point indexes are reweighted and index changes relative to other indexes since the reweight point. If an index is rising in value relative to other indexes over time, the relative importance will increase as well. Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the 3 months after original publication. After 3 months, no further data revisions take place. For example, data first published in the January release will be subject to revision in the releases for February, March, and April. Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All percent changes are then derived from the rounded index values and subsequently rounded to the tenth decimal place. Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade sector of the National Income and Product Accounts (NIPA) constructed by the Department of Commerce. Other published indexes are useful for general market analysis. For trade in international services, balance of payments indexes are used for deflating NIPA, while international indexes are more appropriate for market analysis. Email Subscription - The U.S. import and export price indexes news release is available through an email subscription service at www.bls.gov/bls/list.htm. Additional Information - More detailed data are available on the Import/Export Price Indexes home page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to mxpinfo@bls.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.