
An official website of the United States government
Transmission of material in this release is embargoed until USDL-24-1409 8:30 a.m. (ET) Tuesday, July 16, 2024 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 2024 U.S. import prices were unchanged in June, after declining 0.2 percent in May, the U.S. Bureau of Labor Statistics reported today. Lower import fuel prices in June offset higher nonfuel prices. Prices for U.S. exports decreased 0.5 percent in June following a 0.7-percent drop the previous month. Imports The price index for U.S. imports was unchanged in June, after declining 0.2 percent the previous month. The May decrease was the only 1-month decline recorded in the first half of 2024. Prices for U.S. imports advanced 1.6 percent for the year ended in June, the largest 12-month increase since a 3.2-percent rise in December 2022. (See table 1.) Fuel Imports: Import fuel prices decreased 1.0 percent in June, after increasing 0.4 percent in May. The June decline was the first 1-month drop in import fuel prices since December 2023. Lower prices for both petroleum and natural gas in June led the overall decrease in fuel prices. Prices for import fuel advanced 8.2 percent from June 2023 to June 2024. Import petroleum prices fell for the first time on a monthly basis since December 2023, declining 1.2 percent in June following a 0.7-percent increase in May. Despite the June decrease, import petroleum prices advanced 9.6 percent over the past year. The price index for import natural gas fell 4.5 percent in June, after declining 14.4 percent the previous month. Prices for natural gas have not increased on a monthly basis since November 2023. Natural gas prices declined 37.4 percent for the year ended in June. All Imports Excluding Fuel: Prices for nonfuel imports increased 0.2 percent in June following a 0.3- percent decline the previous month. Higher prices in June for nonfuel industrial supplies and materials; foods, feeds, and beverages; and automotive vehicles more than offset lower prices for consumer goods. Nonfuel import prices rose 1.0 percent for the year ended in June, the largest over-the-year advance since December 2022. Foods, Feeds, and Beverages: Import foods, feeds, and beverages prices rose 0.7 percent in June, after declining 1.6 percent in May. Higher prices for vegetables and green coffee in June more than offset lower fruit prices. Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials advanced 0.6 percent in June following a 0.6-percent decline the previous month. The June increase was driven by higher prices for both unfinished and finished metals, which rose 1.7 percent and 1.9 percent, respectively. Finished Goods: Prices for the major finished goods import categories were mixed in June. Consumer goods prices edged down 0.1 percent, after rising 0.1 percent in May. Lower prices for nonmanufactured goods in June more than offset higher prices for coins, gems, jewelry, and collectibles and medicinal, dental, and pharmaceutical products. In contrast, prices for automotive vehicles ticked up 0.1 percent in June, after being unchanged the previous month. Capital goods prices were unchanged in June following a 0.2-percent decline in May. Table A. Percent change in Import and Export Price Indexes, selected categories
Month | IMPORTS | EXPORTS | ||||
---|---|---|---|---|---|---|
All imports |
Fuel imports |
Nonfuel imports |
All exports |
Agri- cultural exports |
Non- agricultural exports |
|
2023 |
||||||
June |
-0.2 | 1.1 | -0.3 | -0.6 | -1.4 | -0.5 |
July |
0.0 | 1.2 | -0.1 | 0.3 | 0.5 | 0.4 |
August |
0.6 | 8.8 | -0.2 | 1.2 | -1.9 | 1.6 |
September |
0.5 | 6.4 | -0.2 | 0.5 | -1.1 | 0.7 |
October |
-0.6 | -3.9 | -0.2 | -0.9 | -1.0 | -0.9 |
November |
-0.5 | -6.3 | 0.1 | -0.7 | 0.0 | -0.8 |
December |
-0.7 | -8.0 | 0.1 | -0.7 | -0.3 | -0.7 |
2024 |
||||||
January |
0.7 | 1.7 | 0.6 | 0.7 | -1.4 | 0.9 |
February |
0.2 | 1.1 | 0.1 | 0.7 | 0.8 | 0.7 |
March |
0.6 | 5.0 | 0.2 | 0.1 | -1.0 | 0.3 |
April |
(r)1.0 | (r)3.9 | 0.7 | (r)0.7 | -0.4 | 0.7 |
May |
(r)-0.2 | (r)0.4 | -0.3 | (r)-0.7 | (r)0.3 | -0.8 |
June |
0.0 | -1.0 | 0.2 | -0.5 | 0.6 | -0.6 |
June 2022 to 2023 |
-6.1 | -36.8 | -1.3 | -11.8 | -9.6 | -12.2 |
June 2023 to 2024 |
1.6 | 8.2 | 1.0 | 0.7 | -4.8 | 1.4 |
Footnotes |
Exports U.S. export prices decreased 0.5 percent in June, after declining 0.7 percent the previous month. The June and May drops were the first 1-month decreases since December 2023. Lower prices for nonagricultural exports in both months more than offset higher agricultural prices. Despite the recent declines, prices for U.S. exports advanced 0.7 percent over the past 12 months. (See table 2.) Agricultural Exports: The price index for agricultural exports rose 0.6 percent in June following a 0.3- percent increase in May. Higher prices for meat and nuts in June more than offset lower corn and vegetable prices. Despite the recent advances, export agricultural prices fell 4.8 percent over the past year. All Exports Excluding Agriculture: Prices for nonagricultural exports fell 0.6 percent in June, after decreasing 0.8 percent the previous month. Lower prices for nonagricultural industrial supplies and materials and consumer goods more than offset higher prices for automotive vehicles and nonagricultural foods. In spite of the recent monthly declines, nonagricultural export prices increased 1.4 percent from June 2023 to June 2024. Nonagricultural Industrial Supplies and Materials: The price index for nonagricultural industrial supplies and materials declined 1.3 percent in June following a 2.1-percent drop in May. Lower prices for fuels and chemicals in June more than offset higher prices for nonferrous metals. Despite the recent decreases, nonagricultural industrial supplies and materials prices increased 1.7 percent over the past year, the largest 12-month advance since a 4.7-percent increase for the year ended December 2022. Finished Goods: Prices for the major finished goods export categories were mixed in June. Consumer goods prices decreased 0.5 percent, the largest 1-month drop since January 2024. The June decline was led by lower prices for gem diamonds; toys, shooting, and sporting goods; and jewelry. In contrast, prices for automotive vehicles ticked up 0.1 percent for the second consecutive month in June. Export automotive vehicles prices have not declined on a monthly basis since April 2023. Capital goods prices were unchanged in June following a 0.2-percent advance the previous month. More information for the major import and export price indexes can be found at www.bls.gov/web/ximpim/largest.htm. Measures of Import and Export Prices by Locality Imports by Locality of Origin: Prices for imports from China were unchanged for the third time in the past 4 months in June. The price index for imports from China last advanced on a monthly basis in October 2022. Import prices from China declined 1.6 percent for the year ended in June. Prices for imports from Japan decreased 0.2 percent in June, after ticking up 0.1 percent the previous month. The price index for imports from Japan advanced 0.1 percent from June 2023 to June 2024. Import prices from Mexico and Canada both increased in June, rising 0.2 percent and 0.1 percent, respectively. The June advance in prices for imports from Mexico followed a 0.7-percent drop in May and the increase for import prices from Canada followed a 0.2-percent decline in May. The price index for imports from the European Union rose 0.4 percent in June, after advancing 0.2 percent the previous month. (See table 7.) Exports by Locality of Destination: Export prices to China decreased 0.4 percent in June following a 0.3- percent drop the previous month. The June decline was the largest monthly decrease since January 2024. The price index for exports to China fell 0.4 percent over the past 12 months. In contrast, prices for exports to Japan rose 0.5 percent in June, after declining 0.4 percent in May. Despite the June advance, export prices to Japan decreased 0.6 percent over the past year. The price index for exports to Mexico increased 1.9 percent in June, after falling 1.0 percent in May and rising 2.0 percent in April. Export prices to Canada advanced 0.2 percent in June following no change the previous month. The price index for exports to Canada has not recorded a 1-month decline since January 2024. Export prices to the European Union fell 0.4 percent in June, after decreasing 1.3 percent in May. (See table 8.) Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure the change in the purchasing power of exports relative to imports. U.S. terms of trade with China fell 0.4 percent in June, after declining 0.2 percent the previous month. In spite of the recent declines, U.S. terms of trade with China rose 1.2 percent over the past year, the largest 12-month advance since September 2022. The index for U.S. terms of trade with Japan increased 0.6 percent in June following a 0.4-percent decrease in May. Higher export prices to Japan and lower import prices from Japan contributed to the June advance in U.S. terms of trade with Japan. U.S. terms of trade with Japan fell 0.8 percent over the past 12 months. The indexes for U.S. terms of trade with Mexico and Canada increased in June, advancing 1.7 percent and 0.2 percent, respectively. In contrast, U.S. terms of trade with the European Union declined 0.8 percent in June. (See table 9.) Import and Export Services Imports: Import air passenger fares rose 9.0 percent in June, the largest 1-month advance since the index increased 9.9 percent in September 2023. Import air passenger fares have not declined on a monthly basis since January 2024. Higher prices for European, Asian, and Latin American/Caribbean fares all contributed to the June rise. Despite the recent increases, import air passenger fares fell 2.5 percent for the year ended in June. Prices for import air freight rose 2.0 percent in June, after declining 0.7 percent in May. Import air freight prices decreased 1.8 percent over the past year. (See table 10.) Exports: The index for export air passenger fares advanced 10.6 percent in June, the largest monthly increase since January 2024. Higher European, Latin American/Caribbean, and Asian fares in June all contributed to the rise in export air passenger fares. In spite of the June advance, export air passenger fares fell 1.3 percent over the past 12 months. Export air freight prices declined 0.5 percent in June following a 1.9-percent drop in May and a 2.5-percent decrease in April. Prices for export air freight fell 3.9 percent from June 2023 to June 2024. U.S. Import and Export Price Index data for July 2024 are scheduled for release on Thursday, August 15, 2024, at 8:30 a.m. (ET).
Description | End Use |
Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||||
All commodities |
100.000 | 141.6 | 141.6 | 1.6 | 0.6 | 1.0 | -0.2 | 0.0 | |
All imports excluding food and fuels (Dec. 2010=100) |
84.114 | 108.8 | 108.8 | 0.6 | 0.0 | 0.6 | -0.1 | 0.0 | |
All imports excluding petroleum |
91.703 | 124.5 | 124.7 | 1.0 | 0.2 | 0.6 | -0.3 | 0.2 | |
All imports excluding fuels (Dec. 2001=100) |
91.346 | 128.6 | 128.8 | 1.0 | 0.2 | 0.7 | -0.3 | 0.2 | |
Foods, feeds, & beverages |
0 |
7.231 | 221.2 | 222.8 | 6.7 | 1.7 | 1.3 | -1.6 | 0.7 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
5.910 | 249.5 | 251.4 | 9.0 | 2.1 | 1.6 | -1.9 | 0.8 |
Nonagricultural foods (fish, distilled beverages) |
01 |
1.321 | 152.7 | 153.4 | -2.7 | 0.3 | -0.5 | 0.0 | 0.5 |
Industrial supplies & materials |
1 |
23.540 | 249.5 | 249.5 | 3.1 | 2.5 | 3.3 | -0.2 | 0.0 |
Industrial supplies & materials excluding petroleum |
15.253 | 201.2 | 202.5 | -0.1 | 0.6 | 2.6 | -0.8 | 0.6 | |
Industrial supplies & materials excluding fuels (Dec. 2001=100) |
14.873 | 227.5 | 228.8 | 0.4 | 1.1 | 2.9 | -0.6 | 0.6 | |
Industrial supplies & materials, durable |
9.495 | 221.4 | 223.8 | 1.1 | 1.2 | 1.7 | 0.7 | 1.1 | |
Industrial supplies & materials nondurable excluding petroleum |
5.748 | 177.5 | 177.5 | -1.9 | -0.5 | 4.0 | -3.2 | 0.0 | |
Fuels & lubricants |
10 |
8.654 | 297.9 | 295.0 | 8.2 | 5.0 | 3.9 | 0.4 | -1.0 |
Petroleum & petroleum products |
100 |
8.297 | 326.8 | 323.0 | 9.6 | 6.2 | 4.5 | 0.7 | -1.2 |
Crude petroleum |
10000 |
5.607 | 332.1 | 329.9 | 11.7 | 5.0 | 7.1 | -1.8 | -0.7 |
Fuels, n.e.s.-coals & gas |
101 |
0.206 | 99.1 | 105.8 | -24.9 | -21.3 | -9.1 | -12.3 | 6.8 |
Natural gas |
10110 |
0.126 | 73.3 | 70.0 | -37.4 | -29.7 | -9.4 | -14.4 | -4.5 |
Paper & paper base stocks |
11 |
0.533 | 140.1 | 141.0 | -3.3 | -0.6 | 0.9 | 1.4 | 0.6 |
Materials associated with nondurable supplies & materials |
12 |
4.858 | 198.9 | 198.1 | -0.5 | 1.2 | 5.4 | -3.3 | -0.4 |
Unfinished metals related to durable goods |
14 |
3.528 | 329.5 | 335.0 | 1.3 | 1.4 | 2.7 | 1.9 | 1.7 |
Finished metals related to durable goods |
15 |
2.677 | 226.6 | 230.9 | 5.5 | 2.4 | 2.1 | 1.3 | 1.9 |
Capital goods |
2 |
28.373 | 93.4 | 93.4 | -0.2 | -0.2 | 0.1 | -0.2 | 0.0 |
Nonelectrical machinery |
21 |
22.435 | 84.1 | 84.0 | -0.6 | 0.0 | 0.0 | 0.0 | -0.1 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
1.678 | 161.6 | 161.6 | 5.6 | 2.0 | 0.2 | 0.2 | 0.0 |
Automotive vehicles, parts & engines |
3 |
13.542 | 120.8 | 120.9 | 2.5 | 0.2 | 0.4 | 0.0 | 0.1 |
Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100) |
30 |
13.542 | 101.5 | 101.5 | - | 0.2 | 0.4 | 0.1 | 0.0 |
Consumer goods, excluding automotives |
4 |
27.314 | 110.9 | 110.8 | 0.6 | -0.4 | 0.2 | 0.1 | -0.1 |
Nondurables, manufactured |
40 |
13.716 | 128.2 | 128.4 | 2.3 | 0.0 | 0.2 | 0.0 | 0.2 |
Durables, manufactured |
41 |
12.614 | 94.6 | 94.7 | -0.7 | -0.2 | 0.2 | 0.0 | 0.1 |
Nonmanufactured consumer goods |
42 |
0.983 | 125.8 | 119.1 | -5.8 | -6.1 | -0.2 | 1.0 | -5.3 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | End Use |
Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||||
All commodities |
100.000 | 148.7 | 148.0 | 0.7 | 0.1 | 0.7 | -0.7 | -0.5 | |
Agricultural commodities |
9.389 | 226.8 | 228.2 | -4.8 | -1.0 | -0.4 | 0.3 | 0.6 | |
All exports excluding food and fuels (Dec. 2010=100) |
75.526 | 116.0 | 116.0 | 1.5 | 0.4 | 0.6 | 0.1 | 0.0 | |
All exports excluding fuels (June 2022=100) |
84.167 | 100.4 | 100.4 | 1.2 | 0.3 | 0.6 | 0.2 | 0.0 | |
Nonagricultural commodities |
90.611 | 142.6 | 141.8 | 1.4 | 0.3 | 0.7 | -0.8 | -0.6 | |
Foods, feeds, & beverages |
0 |
8.641 | 229.5 | 231.3 | -4.5 | -1.2 | -0.3 | 1.0 | 0.8 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
8.265 | 231.7 | 233.6 | -4.4 | -1.2 | -0.2 | 1.0 | 0.8 |
Nonagricultural foods (fish, distilled beverages) |
01 |
0.376 | 187.3 | 188.7 | -6.0 | -0.7 | -1.6 | 0.9 | 0.7 |
Industrial supplies & materials |
1 |
38.091 | 198.7 | 196.2 | 1.3 | 0.5 | 1.2 | -2.2 | -1.3 |
Industrial supplies & materials, durable |
11.283 | 220.4 | 222.1 | 4.8 | 1.1 | 2.0 | 1.2 | 0.8 | |
Industrial supplies & materials, nondurable |
26.808 | 188.0 | 184.0 | 0.0 | 0.2 | 0.9 | -3.5 | -2.1 | |
Agricultural industrial supplies & materials |
10 |
1.123 | 203.4 | 201.3 | -8.0 | 0.7 | -1.6 | -4.1 | -1.0 |
Nonagricultural industrial supplies & materials |
36.967 | 198.7 | 196.1 | 1.7 | 0.5 | 1.3 | -2.1 | -1.3 | |
Fuels & lubricants |
11 |
15.833 | 232.9 | 225.6 | 0.6 | -0.3 | 1.2 | -5.1 | -3.1 |
Nonagricultural supplies & materials excluding fuels & building materials |
12 |
20.382 | 198.3 | 198.6 | 2.5 | 1.1 | 1.4 | 0.3 | 0.2 |
Selected building materials |
13 |
0.752 | 149.9 | 149.9 | 2.2 | 0.9 | 0.6 | -1.0 | 0.0 |
Capital goods |
2 |
31.808 | 123.5 | 123.5 | 1.8 | 0.0 | 0.4 | 0.2 | 0.0 |
Nonelectrical machinery |
21 |
22.662 | 103.1 | 103.1 | 1.7 | 0.0 | 0.4 | 0.3 | 0.0 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
5.623 | 218.8 | 218.9 | 3.7 | 0.1 | 0.2 | 0.0 | 0.0 |
Automotive vehicles, parts & engines |
3 |
8.672 | 128.7 | 128.8 | 4.0 | 0.0 | 0.7 | 0.1 | 0.1 |
Vehicles-passenger (Dec. 2023=100) |
30 |
8.672 | 101.3 | 101.4 | - | 0.0 | 0.8 | 0.1 | 0.1 |
Consumer goods, excluding automotives |
4 |
12.788 | 118.0 | 117.4 | -2.0 | 0.4 | 0.1 | 0.0 | -0.5 |
Nondurables, manufactured |
40 |
6.727 | 107.1 | 107.2 | -3.4 | -0.1 | 0.0 | -0.1 | 0.1 |
Durables, manufactured |
41 |
4.915 | 122.4 | 121.8 | 1.5 | 1.3 | 0.2 | 0.3 | -0.5 |
Nonmanufactured consumer goods (Dec. 2018=100) |
42 |
1.146 | 126.0 | 121.2 | -7.1 | -0.2 | -0.4 | -0.2 | -3.8 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||||
Nonmanufacturing |
8.279 | 155.0 | 154.2 | 9.8 | 2.2 | 4.5 | -2.8 | -0.5 | |
Agriculture, forestry, fishing and hunting |
11 |
2.172 | 233.2 | 233.0 | 11.5 | -0.5 | 0.5 | -4.4 | -0.1 |
Crop production |
111 |
1.771 | 244.0 | 244.7 | 13.1 | -1.0 | 0.7 | -5.3 | 0.3 |
Animal production (Dec. 2022=100) |
112 |
0.242 | 121.1 | 116.0 | 6.0 | 2.4 | -1.5 | 0.0 | -4.2 |
Mining |
21 |
6.107 | 148.7 | 147.6 | 8.9 | 3.2 | 6.0 | -2.2 | -0.7 |
Oil and gas extraction |
211 |
5.865 | 147.2 | 145.9 | 9.9 | 3.2 | 6.3 | -2.3 | -0.9 |
Mining (except oil and gas) (Dec. 2022=100) |
212 |
0.242 | 110.4 | 114.4 | -7.4 | 3.3 | -0.8 | 0.9 | 3.6 |
Manufacturing |
91.429 | 123.0 | 123.1 | 0.7 | 0.4 | 0.5 | 0.2 | 0.1 | |
Manufacturing, part 1 |
31 |
12.038 | 141.6 | 141.9 | 2.1 | 0.8 | 1.8 | -0.5 | 0.2 |
Food manufacturing |
311 |
4.484 | 197.7 | 199.0 | 5.6 | 2.1 | 4.8 | -1.2 | 0.7 |
Beverage and tobacco product manufacturing |
312 |
1.167 | 142.3 | 141.9 | 1.4 | 0.5 | 0.1 | 0.0 | -0.3 |
Textile mills (Dec. 2023=100) |
313 |
0.323 | 102.1 | 102.3 | - | 0.3 | 1.2 | 0.1 | 0.2 |
Textile product mills (Dec. 2023=100) |
314 |
0.889 | 100.2 | 100.2 | - | -0.1 | 0.0 | 0.1 | 0.0 |
Apparel manufacturing |
315 |
3.495 | 119.0 | 119.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 |
Manufacturing, part 2 |
32 |
19.098 | 143.8 | 143.7 | 0.1 | 0.8 | 0.1 | 0.8 | -0.1 |
Paper manufacturing |
322 |
1.003 | 122.3 | 122.8 | -1.8 | -0.2 | 0.5 | 0.7 | 0.4 |
Printing and related support activities (Dec. 2023=100) |
323 |
0.146 | 100.0 | 100.7 | - | -0.2 | -0.1 | 0.0 | 0.7 |
Petroleum and coal products manufacturing |
324 |
- | 150.3 | - | - | 9.4 | -0.5 | 7.7 | - |
Chemical manufacturing |
325 |
11.025 | 151.1 | 151.6 | 0.1 | -0.3 | 0.1 | -0.1 | 0.3 |
Plastics and rubber products manufacturing |
326 |
2.530 | 131.5 | 131.6 | -1.9 | -0.2 | 0.2 | -0.2 | 0.1 |
Nonmetallic mineral product manufacturing |
327 |
1.092 | 144.8 | 144.4 | -1.5 | -0.4 | -0.3 | 0.6 | -0.3 |
Manufacturing, part 3 |
33 |
60.293 | 113.2 | 113.3 | 0.5 | 0.1 | 0.4 | 0.1 | 0.1 |
Primary metal manufacturing |
331 |
4.878 | 233.9 | 236.9 | 5.0 | 1.5 | 4.2 | 2.1 | 1.3 |
Fabricated metal product manufacturing |
332 |
3.164 | 145.2 | 146.9 | -1.5 | 1.5 | -1.5 | 0.4 | 1.2 |
Machinery manufacturing |
333 |
7.922 | 131.8 | 131.7 | -0.1 | -0.1 | -0.1 | -0.2 | -0.1 |
Computer and electronic product manufacturing |
334 |
16.399 | 72.1 | 72.1 | -0.8 | -0.1 | 0.1 | -0.1 | 0.0 |
Electrical equipment, appliance, and component manufacturing |
335 |
6.211 | 124.9 | 124.7 | -2.4 | -1.2 | 0.2 | -0.7 | -0.2 |
Transportation equipment manufacturing |
336 |
13.988 | 120.2 | 120.1 | 2.7 | 0.3 | 0.3 | 0.1 | -0.1 |
Furniture and related product manufacturing |
337 |
1.849 | 127.8 | 128.0 | -1.1 | 0.1 | -0.2 | 0.0 | 0.2 |
Miscellaneous manufacturing |
339 |
5.881 | 129.8 | 129.6 | 1.1 | 0.2 | 0.4 | 0.0 | -0.2 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||||
Nonmanufacturing |
14.150 | 168.8 | 167.3 | -0.5 | -2.4 | 0.5 | -2.6 | -0.9 | |
Agriculture, forestry, fishing and hunting |
11 |
4.497 | 184.4 | 184.3 | -9.1 | -2.8 | -0.1 | 0.5 | -0.1 |
Crop production |
111 |
4.203 | 194.1 | 194.0 | -9.8 | -3.0 | 0.1 | 0.8 | -0.1 |
Mining |
21 |
9.653 | 105.9 | 104.5 | 4.6 | -2.3 | 0.7 | -4.1 | -1.3 |
Oil and gas extraction (Dec. 2021=100) |
211 |
8.305 | 93.3 | 91.7 | 5.3 | -2.6 | 1.1 | -5.3 | -1.7 |
Mining (except oil and gas) |
212 |
1.348 | 137.7 | 139.4 | 0.9 | -0.4 | -1.7 | 3.9 | 1.2 |
Manufacturing |
84.189 | 134.8 | 134.3 | 0.8 | 0.5 | 0.7 | -0.4 | -0.4 | |
Manufacturing, part 1 |
31 |
6.359 | 168.9 | 170.2 | -2.2 | 0.4 | -0.7 | -0.4 | 0.8 |
Food manufacturing |
311 |
4.583 | 199.2 | 201.9 | -1.6 | 0.7 | -0.7 | 0.1 | 1.4 |
Beverage and tobacco product manufacturing |
312 |
0.504 | 134.3 | 132.3 | -8.4 | -1.1 | -2.1 | -2.1 | -1.5 |
Manufacturing, part 2 |
32 |
25.587 | 134.1 | 132.1 | -1.6 | 0.8 | 0.8 | -1.8 | -1.5 |
Wood product manufacturing (Dec. 2017=100) |
321 |
0.436 | 121.5 | 122.0 | 6.5 | 1.5 | 1.1 | -1.5 | 0.4 |
Petroleum and coal products manufacturing |
324 |
5.925 | 144.9 | 136.7 | -3.4 | 3.1 | 2.2 | -6.3 | -5.7 |
Chemical manufacturing |
325 |
14.538 | 131.2 | 130.7 | -2.7 | 0.2 | 0.2 | -0.5 | -0.4 |
Plastics and rubber products manufacturing |
326 |
2.243 | 134.7 | 134.7 | 1.1 | -0.6 | -0.2 | 0.2 | 0.0 |
Nonmetallic mineral product manufacturing |
327 |
0.734 | 131.9 | 131.5 | 0.1 | 0.0 | 0.2 | -0.2 | -0.3 |
Manufacturing, part 3 |
33 |
52.244 | 131.8 | 131.8 | 2.3 | 0.4 | 0.7 | 0.3 | 0.0 |
Primary metal manufacturing |
331 |
4.687 | 213.7 | 217.3 | 5.9 | 3.0 | 4.3 | 1.6 | 1.7 |
Machinery manufacturing |
333 |
9.569 | 152.5 | 152.7 | 2.3 | -0.1 | 0.6 | 0.2 | 0.1 |
Computer and electronic product manufacturing |
334 |
12.649 | 83.7 | 83.6 | 0.5 | 0.1 | 0.1 | 0.4 | -0.1 |
Transportation equipment manufacturing |
336 |
13.370 | 149.6 | 149.6 | 4.0 | 0.1 | 0.5 | 0.1 | 0.0 |
Furniture and related product manufacturing (Dec. 2023=100) |
337 |
0.355 | 102.3 | 102.3 | - | 0.0 | 0.1 | 0.4 | 0.0 |
Miscellaneous manufacturing |
339 |
5.113 | 143.0 | 141.5 | 1.8 | 0.6 | 0.7 | 0.2 | -1.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative importance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||||
Live animals; animal products |
I |
1.488 | 241.2 | 240.6 | 2.8 | 1.7 | 0.5 | 0.1 | -0.2 |
Meat and edible meat offal |
02 |
0.446 | 358.6 | 352.2 | 8.0 | 3.8 | 2.5 | 1.7 | -1.8 |
Fish and crustaceans, molluscs and other aquatic invertebrates |
03 |
0.695 | 148.6 | 149.4 | -1.4 | 0.8 | -1.1 | 0.0 | 0.5 |
Vegetable products |
II |
2.073 | 251.5 | 249.1 | 1.3 | -1.2 | 0.3 | -4.2 | -1.0 |
Edible vegetables, roots, and tubers |
07 |
0.493 | 474.5 | 600.4 | 25.9 | 9.2 | -2.2 | -12.5 | 26.5 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.779 | 126.4 | 103.4 | -10.9 | -1.7 | 1.4 | -4.9 | -18.2 |
Coffee, tea, mate and spices |
09 |
0.399 | 302.4 | 320.4 | 6.4 | 1.0 | 1.1 | 0.6 | 6.0 |
Animal or vegetable fats and oils (Dec. 2009=100) |
III |
0.455 | 151.7 | 151.1 | 4.4 | 3.0 | 1.5 | -0.4 | -0.4 |
Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100) |
15 |
0.455 | 102.1 | 101.7 | - | 3.0 | 1.5 | -0.4 | -0.4 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.642 | 211.7 | 211.9 | 8.3 | 1.8 | 5.3 | -1.4 | 0.1 |
Sugars and sugar confectionary (Dec. 2021=100) |
17 |
0.244 | 127.9 | 128.7 | 11.8 | 1.7 | -0.8 | 0.4 | 0.6 |
Cocoa and cocoa preparations (Dec. 2009=100) |
18 |
0.480 | 250.2 | 246.9 | 103.9 | 21.4 | 44.7 | -11.8 | -1.3 |
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100) |
19 |
0.489 | 99.9 | 100.1 | - | -0.1 | 0.1 | 0.0 | 0.2 |
Miscellaneous edible preparations (Dec. 2022=100) |
21 |
0.418 | 99.7 | 99.8 | 1.6 | -2.1 | 5.6 | 0.9 | 0.1 |
Beverages, spirits, and vinegar |
22 |
1.106 | 155.1 | 154.8 | 0.8 | 0.5 | 0.1 | -0.1 | -0.2 |
Mineral products |
V |
8.688 | 304.9 | 301.6 | 7.4 | 4.7 | 4.1 | 0.4 | -1.1 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
8.392 | 298.6 | 295.2 | 8.3 | 4.9 | 4.3 | 0.4 | -1.1 |
Products of the chemical or allied industries |
VI |
10.692 | 173.1 | 173.4 | 0.6 | -0.2 | -0.1 | -0.1 | 0.2 |
Organic chemicals |
29 |
2.189 | 136.5 | 136.3 | -5.7 | -0.2 | -0.5 | -0.1 | -0.1 |
Pharmaceutical products |
30 |
5.603 | 156.5 | 156.8 | 5.7 | 0.1 | 0.5 | 0.2 | 0.2 |
Fertilizers (Dec. 2022=100) |
31 |
0.213 | 61.7 | 62.8 | -6.0 | 2.6 | -0.2 | -3.1 | 1.8 |
Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100) |
32 |
0.194 | 101.3 | 100.6 | -1.4 | -0.1 | -0.2 | 0.7 | -0.7 |
Miscellaneous chemical products |
38 |
0.867 | 111.2 | 112.0 | -6.8 | -0.8 | -1.3 | -1.2 | 0.7 |
Plastics and articles thereof; rubber and articles thereof |
VII |
3.729 | 153.7 | 154.1 | -2.7 | -0.2 | 0.3 | -0.1 | 0.3 |
Plastics and articles thereof |
39 |
2.487 | 150.8 | 150.9 | -4.5 | -0.5 | 0.3 | -0.1 | 0.1 |
Rubber and articles thereof |
40 |
1.243 | 162.5 | 163.5 | 0.7 | 0.2 | 0.1 | -0.1 | 0.6 |
Printed matter (Dec. 2023=100) |
49 |
0.167 | 99.8 | 100.1 | - | -0.2 | 0.0 | 0.0 | 0.3 |
Textile and textile articles |
XI |
4.519 | 121.0 | 121.0 | 0.2 | 0.0 | 0.1 | 0.2 | 0.0 |
Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100) |
61 |
1.921 | 99.8 | 99.7 | - | 0.0 | -0.2 | -0.3 | -0.1 |
Articles of apparel and clothing accessories, not knitted or crocheted |
62 |
1.413 | 127.6 | 127.6 | 0.4 | 0.0 | 0.2 | 0.4 | 0.0 |
Made-up or worn textile articles (Dec. 2023=100) |
63 |
0.615 | 99.5 | 99.6 | - | 0.0 | -0.2 | 0.1 | 0.1 |
Headgear, umbrellas, artificial flowers, etc. |
XII |
1.436 | 126.3 | 126.4 | -0.2 | 0.0 | 0.1 | -0.4 | 0.1 |
Footwear and parts of such articles |
64 |
1.177 | 123.5 | 123.6 | 0.0 | -0.1 | 0.1 | -0.2 | 0.1 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.940 | 138.1 | 137.7 | -0.6 | -0.5 | 0.0 | 0.9 | -0.3 |
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100) |
68 |
0.324 | 100.7 | 100.7 | -2.1 | -0.9 | 0.5 | 0.0 | 0.0 |
Glass and glassware (Dec. 2021=100) |
70 |
0.347 | 112.1 | 110.5 | 1.0 | -0.1 | 0.0 | 2.4 | -1.4 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
3.199 | 239.1 | 242.3 | 4.4 | 1.6 | 4.6 | 0.5 | 1.3 |
Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100) |
71 |
3.199 | 106.2 | 107.7 | - | 1.6 | 4.7 | 0.5 | 1.4 |
Base metals and articles of base metals |
XV |
5.920 | 232.5 | 234.5 | 0.2 | 0.8 | 0.4 | 1.6 | 0.9 |
Articles of iron or steel |
73 |
1.722 | 191.4 | 190.7 | -6.1 | -1.1 | 0.3 | -0.2 | -0.4 |
Copper and articles thereof |
74 |
0.587 | 452.1 | 455.8 | 22.7 | 3.0 | 9.0 | 6.6 | 0.8 |
Aluminum and articles thereof |
76 |
1.109 | 196.0 | 207.3 | 9.0 | 5.3 | -1.8 | 4.4 | 5.8 |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof |
82 |
0.412 | 133.0 | 132.7 | 0.5 | -0.3 | -0.1 | -0.2 | -0.2 |
Miscellaneous articles of base metal |
83 |
0.507 | 141.9 | 141.9 | -3.7 | -0.1 | -0.4 | -0.1 | 0.0 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
30.244 | 82.2 | 82.1 | -0.6 | -0.4 | 0.1 | -0.1 | -0.1 |
Machinery and mechanical appliances; parts thereof |
84 |
15.228 | 89.9 | 89.9 | 0.2 | 0.1 | -0.1 | 0.0 | 0.0 |
Electrical machinery and equip, sound and TV recorders & reproducers, parts |
85 |
15.016 | 75.0 | 75.0 | -1.3 | -0.7 | 0.3 | -0.3 | 0.0 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
11.745 | 124.0 | 123.9 | 2.0 | 0.1 | 0.3 | 0.0 | -0.1 |
Motor vehicles and their parts |
87 |
10.985 | 123.1 | 123.1 | 2.1 | 0.1 | 0.3 | -0.1 | 0.0 |
Aircraft, spacecraft, and parts thereof (Dec. 2020=100) |
88 |
0.620 | 108.0 | 107.6 | -0.5 | 0.5 | 0.4 | 0.1 | -0.4 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
4.166 | 110.9 | 110.9 | 2.6 | 0.2 | 0.3 | -0.2 | 0.0 |
Optical, photographic, measuring and medical instruments |
90 |
3.871 | 106.6 | 106.6 | 2.8 | 0.4 | 0.3 | 0.0 | 0.0 |
Miscellaneous manufactured articles |
XX |
4.551 | 120.6 | 120.7 | 0.3 | 0.2 | 0.0 | 0.2 | 0.1 |
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs |
94 |
2.529 | 127.3 | 127.5 | -0.2 | 0.1 | -0.1 | 0.3 | 0.2 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
1.710 | 107.1 | 107.1 | 0.6 | 0.3 | -0.1 | 0.0 | 0.0 |
Miscellaneous manufactured articles |
96 |
0.312 | 152.6 | 152.6 | 3.6 | 0.8 | 0.0 | 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 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||||
Live animals; animal products |
I |
2.006 | 271.9 | 276.8 | 5.9 | 2.0 | 2.1 | 0.5 | 1.8 |
Meat & edible meat offal (Dec. 2006=100) |
02 |
1.306 | 237.4 | 243.5 | 10.9 | 2.6 | 2.6 | 0.9 | 2.6 |
Vegetable products |
II |
4.079 | 239.2 | 239.6 | -11.1 | -3.7 | -0.6 | 2.0 | 0.2 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.870 | 151.4 | 157.1 | 14.2 | -1.0 | -3.5 | 3.1 | 3.8 |
Cereals |
10 |
1.176 | 238.4 | 237.1 | -21.4 | -5.3 | 0.7 | 4.2 | -0.5 |
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder |
12 |
1.659 | 243.0 | 241.6 | -13.5 | -4.8 | 2.0 | 0.2 | -0.6 |
Prepared foodstuffs, beverages, and tobacco |
IV |
2.840 | 179.2 | 180.7 | -3.9 | -0.2 | -1.5 | -1.0 | 0.8 |
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100) |
19 |
0.295 | 100.3 | 100.4 | - | -0.2 | 0.1 | 0.1 | 0.1 |
Miscellaneous edible preparations (Dec. 2017=100) |
21 |
0.634 | 120.1 | 125.7 | 6.2 | 2.5 | 0.0 | -0.8 | 4.7 |
Residues and waste from the food industries; prepared animal feed |
23 |
0.593 | 248.2 | 246.1 | -19.1 | -3.4 | -6.8 | -1.9 | -0.8 |
Mineral products |
V |
15.624 | 280.7 | 272.6 | 1.7 | -0.3 | 1.4 | -4.8 | -2.9 |
Ores, slag and ash (Dec. 2012=100) |
26 |
0.458 | 137.0 | 142.0 | 8.1 | 1.6 | 0.8 | 13.8 | 3.6 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
14.971 | 268.1 | 259.7 | 1.5 | -0.4 | 1.4 | -5.4 | -3.1 |
Products of the chemical or allied industries |
VI |
12.410 | 157.5 | 156.8 | -4.2 | 0.3 | 0.0 | -0.4 | -0.4 |
Pharmaceutical products |
30 |
4.334 | 103.3 | 103.3 | -4.7 | -0.1 | 0.1 | -0.2 | 0.0 |
Essential oils and resinoids; perfumery cosmetic or toilet preparations |
33 |
0.805 | 146.7 | 146.7 | -1.8 | 0.0 | -0.1 | -0.1 | 0.0 |
Miscellaneous chemical products |
38 |
2.300 | 194.0 | 194.1 | 0.9 | 0.4 | 0.3 | 0.0 | 0.1 |
Rubber and articles thereof |
40 |
0.924 | 193.0 | 193.0 | 14.5 | -0.8 | 0.2 | 1.5 | 0.0 |
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100) |
IX |
0.472 | 109.7 | 109.8 | 3.6 | 1.1 | 0.5 | -2.4 | 0.1 |
Wood and articles of wood; wood charcoal (Dec. 2023=100) |
44 |
0.472 | 102.3 | 102.4 | - | 1.0 | 0.6 | -2.4 | 0.1 |
Woodpulp and recovered paper (Dec. 2019=100) |
47 |
0.573 | 172.6 | 172.6 | 39.0 | 1.9 | 5.3 | 0.6 | 0.0 |
Cotton, including yarns and woven fabrics thereof |
52 |
0.648 | 154.8 | 154.0 | -3.2 | 3.5 | -0.4 | -6.9 | -0.5 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.745 | 153.6 | 152.8 | 4.0 | 0.1 | 0.1 | -0.2 | -0.5 |
Glass and glassware (Dec. 2019=100) |
70 |
0.352 | 114.4 | 113.1 | 1.7 | 0.3 | 0.2 | -0.4 | -1.1 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
5.179 | 338.6 | 337.6 | 6.0 | 3.6 | 3.8 | 1.2 | -0.3 |
Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100) |
71 |
5.179 | 108.5 | 108.1 | - | 3.6 | 3.9 | 1.2 | -0.4 |
Base metals and articles of base metals |
XV |
4.505 | 212.8 | 214.6 | 2.1 | -0.4 | 0.9 | 0.9 | 0.8 |
Copper and articles thereof |
74 |
0.636 | 307.7 | 310.9 | 20.6 | 1.5 | 7.6 | 8.3 | 1.0 |
Aluminum and articles thereof |
76 |
0.748 | 154.8 | 158.5 | 8.5 | 0.8 | 1.1 | 4.0 | 2.4 |
Miscellaneous articles of base metal (Dec. 2022=100) |
83 |
0.335 | 105.7 | 105.7 | 3.8 | -0.2 | -0.1 | 0.0 | 0.0 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
26.557 | 108.7 | 108.7 | 2.0 | 0.2 | 0.5 | 0.3 | 0.0 |
Machinery and mechanical appliances; parts thereof |
84 |
15.659 | 133.3 | 133.4 | 2.2 | -0.2 | 0.5 | 0.2 | 0.1 |
Electrical machinery and equipment and parts and accessories thereof |
85 |
10.898 | 83.1 | 83.0 | 1.6 | 0.7 | 0.5 | 0.5 | -0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
9.765 | 155.3 | 155.3 | 3.5 | 0.1 | 0.4 | 0.0 | 0.0 |
Motor vehicles and their parts |
87 |
7.286 | 129.7 | 129.7 | 3.8 | 0.0 | 0.4 | 0.0 | 0.0 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
5.806 | 120.3 | 120.3 | 2.5 | -0.3 | 1.1 | 0.0 | 0.0 |
Optical, photographic, measuring and medical instruments (Dec. 2023=100) |
90 |
5.755 | 101.3 | 101.2 | - | -0.2 | 1.1 | 0.0 | -0.1 |
Miscellaneous manufactured articles |
XX |
1.175 | 137.5 | 137.6 | 0.7 | 0.3 | 0.4 | 0.5 | 0.1 |
Furniture; stuffed furnishings; lamps and lighting fittings nesoi |
94 |
0.580 | 151.0 | 151.0 | 0.7 | 0.1 | 0.2 | 0.5 | 0.0 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
0.459 | 121.5 | 120.6 | 2.0 | 0.8 | 0.7 | 0.7 | -0.7 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | |||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
||||
Industrialized Countries(2) |
100.000 | 147.9 | 148.2 | 2.8 | 0.4 | 1.5 | 0.1 | 0.2 |
Nonmanufacturing |
11.071 | 262.5 | 260.1 | 10.3 | 3.0 | 7.1 | 0.2 | -0.9 |
Manufacturing |
88.566 | 138.9 | 139.4 | 2.1 | 0.1 | 0.8 | 0.2 | 0.4 |
Canada |
100.000 | 174.9 | 175.0 | 3.1 | 1.0 | 3.2 | -0.2 | 0.1 |
Nonmanufacturing |
32.594 | 256.4 | 254.4 | 10.2 | 3.1 | 7.5 | -0.1 | -0.8 |
Manufacturing |
66.599 | 156.5 | 157.3 | 0.2 | 0.2 | 1.3 | -0.2 | 0.5 |
European Union |
100.000 | 158.7 | 159.3 | 2.4 | 0.1 | 0.4 | 0.2 | 0.4 |
Manufacturing |
99.330 | 154.4 | 154.9 | 2.3 | 0.0 | 0.5 | 0.2 | 0.3 |
France (Dec. 2003=100) |
100.000 | 158.4 | 158.6 | 4.4 | 0.1 | 0.5 | 0.1 | 0.1 |
Germany (Dec. 2003=100) |
100.000 | 124.6 | 124.8 | -0.1 | 0.2 | 0.3 | -0.1 | 0.2 |
United Kingdom (Dec. 2003=100) |
100.000 | 139.5 | 140.2 | 3.5 | 0.3 | 0.7 | 0.3 | 0.5 |
Latin America(3) |
100.000 | 173.9 | 174.3 | 3.1 | 0.8 | 0.9 | -0.9 | 0.2 |
Nonmanufacturing |
13.307 | 330.2 | 333.3 | 7.7 | 0.0 | -0.6 | -3.6 | 0.9 |
Manufacturing |
86.449 | 140.8 | 140.9 | 2.3 | 0.9 | 1.1 | -0.4 | 0.1 |
Mexico (Dec. 2003=100) |
100.000 | 147.4 | 147.7 | 3.1 | 0.7 | 0.5 | -0.7 | 0.2 |
Nonmanufacturing (Dec. 2008=100) |
8.558 | 176.9 | 179.3 | 12.7 | 2.2 | -2.9 | -4.7 | 1.4 |
Manufacturing (Dec. 2008=100) |
91.202 | 100.6 | 100.7 | 2.3 | 0.5 | 0.9 | -0.3 | 0.1 |
Pacific Rim (Dec. 2003=100)(4) |
100.000 | 102.1 | 102.1 | -0.8 | -0.2 | 0.4 | -0.2 | 0.0 |
China (Dec. 2003=100) |
100.000 | 100.4 | 100.4 | -1.6 | 0.0 | 0.0 | -0.1 | 0.0 |
Japan |
100.000 | 101.1 | 100.9 | 0.1 | -1.0 | -0.2 | 0.1 | -0.2 |
Taiwan (Dec. 2018=100) |
100.000 | 108.6 | 109.1 | -0.6 | 0.0 | 0.1 | 0.1 | 0.5 |
Asian NICs(5) |
100.000 | 95.0 | 95.1 | -0.4 | 0.1 | 0.8 | -0.1 | 0.1 |
ASEAN (Dec. 2003=100)(6) |
100.000 | 99.8 | 99.3 | -2.6 | 0.3 | 0.8 | -1.1 | -0.5 |
Asia Near East (Dec. 2003=100)(7) |
100.000 | 220.2 | 208.6 | -0.2 | 1.7 | 5.1 | -2.7 | -5.3 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | |||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
||||
Industrialized Countries(2) |
100.000 | 121.9 | 122.3 | 3.4 | 0.2 | 0.8 | -0.8 | 0.3 |
Nonmanufacturing |
14.535 | 139.1 | 138.7 | 7.9 | -1.9 | 1.1 | -5.2 | -0.3 |
Manufacturing |
83.920 | 119.9 | 120.4 | 2.6 | 0.4 | 0.8 | -0.1 | 0.4 |
Canada |
100.000 | 128.9 | 129.2 | 2.1 | 0.4 | 0.4 | 0.0 | 0.2 |
Nonmanufacturing (Dec. 2020=100) |
7.319 | 135.6 | 136.0 | 7.8 | 0.6 | 0.1 | -1.6 | 0.3 |
Manufacturing (Dec. 2020=100) |
91.009 | 120.3 | 120.5 | 1.3 | 0.3 | 0.3 | 0.1 | 0.2 |
European Union |
100.000 | 121.9 | 121.4 | 4.5 | 1.2 | 1.3 | -1.3 | -0.4 |
Nonmanufacturing |
22.806 | 144.0 | 142.0 | 9.1 | 3.9 | 4.4 | -5.4 | -1.4 |
Manufacturing |
75.438 | 117.3 | 117.2 | 3.4 | 0.4 | 0.3 | -0.2 | -0.1 |
Germany |
100.000 | 124.3 | 124.3 | 7.3 | 0.6 | 1.1 | -0.1 | 0.0 |
Latin America(3) |
100.000 | 123.5 | 121.8 | 0.5 | 0.2 | 1.5 | -1.6 | -1.4 |
Nonmanufacturing |
7.097 | 134.6 | 141.4 | 7.3 | -5.9 | 1.5 | -2.0 | 5.1 |
Manufacturing |
92.339 | 122.7 | 120.5 | -0.2 | 0.8 | 1.5 | -1.7 | -1.8 |
Mexico |
100.000 | 123.9 | 126.2 | 3.4 | 0.2 | 2.0 | -1.0 | 1.9 |
Nonmanufacturing |
5.604 | 107.7 | 118.1 | 5.9 | -9.6 | 2.9 | 0.2 | 9.7 |
Manufacturing |
93.550 | 126.0 | 127.7 | 3.0 | 1.0 | 1.8 | -1.1 | 1.3 |
Pacific Rim(4) |
100.000 | 114.9 | 115.1 | 1.9 | 0.0 | 1.2 | -0.7 | 0.2 |
Nonmanufacturing |
20.284 | 118.8 | 118.2 | 0.5 | -1.7 | 2.9 | -3.0 | -0.5 |
Manufacturing |
78.409 | 115.4 | 115.8 | 2.1 | 0.5 | 0.7 | -0.2 | 0.3 |
China |
100.000 | 107.8 | 107.4 | -0.4 | 0.4 | 0.8 | -0.3 | -0.4 |
Nonmanufacturing |
24.112 | 103.3 | 101.9 | -5.6 | 0.4 | 1.9 | -1.5 | -1.4 |
Manufacturing |
74.178 | 111.4 | 111.4 | 1.1 | 0.4 | 0.3 | 0.0 | 0.0 |
Japan |
100.000 | 110.8 | 111.3 | -0.6 | -1.5 | 1.5 | -0.4 | 0.5 |
Nonmanufacturing |
21.131 | 120.8 | 119.0 | -2.1 | -7.3 | 0.0 | -2.3 | -1.5 |
Manufacturing |
77.519 | 108.1 | 109.2 | -0.3 | 0.2 | 1.8 | 0.0 | 1.0 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Index | Percent change | |||||
---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | ||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
|||
Industrialized Countries(2) |
100.9 | 101.0 | 0.5 | -0.3 | -0.7 | -0.9 | 0.1 |
Canada |
96.8 | 97.0 | -0.9 | -0.6 | -2.7 | 0.1 | 0.2 |
European Union |
103.4 | 102.6 | 2.1 | 1.2 | 0.9 | -1.4 | -0.8 |
Germany |
114.8 | 114.6 | 7.4 | 0.4 | 0.7 | 0.0 | -0.2 |
Latin America(3) |
105.7 | 104.1 | -2.5 | -0.6 | 0.6 | -0.8 | -1.5 |
Mexico |
108.4 | 110.2 | 0.2 | -0.4 | 1.4 | -0.4 | 1.7 |
Pacific Rim(4) |
110.7 | 110.9 | 2.7 | 0.2 | 0.8 | -0.5 | 0.2 |
China |
107.5 | 107.1 | 1.2 | 0.4 | 0.8 | -0.2 | -0.4 |
Japan |
104.7 | 105.3 | -0.8 | -0.6 | 1.6 | -0.4 | 0.6 |
Footnotes |
|||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance May 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
May 2024 |
Jun. 2024 |
Annual | Monthly | |||||
Jun. 2023 to Jun. 2024 |
Feb. 2024 to Mar. 2024 |
Mar. 2024 to Apr. 2024 |
Apr. 2024 to May 2024 |
May 2024 to Jun. 2024 |
||||
Air Freight |
||||||||
Import Air Freight |
100.000 | 231.0 | 235.7 | -1.8 | 0.5 | 5.6 | -0.7 | 2.0 |
Europe (Dec. 2003=100) |
22.367 | 158.1 | 146.7 | -32.5 | 7.3 | -15.0 | 5.6 | -7.2 |
Asia |
76.826 | 243.4 | 254.8 | 10.3 | -1.5 | 13.5 | -2.4 | 4.7 |
Export Air Freight |
100.000 | 168.9 | 168.1 | -3.9 | 1.1 | -2.5 | -1.9 | -0.5 |
Europe (Dec. 2006=100) |
26.782 | 123.6 | 121.5 | -13.0 | 1.0 | -5.8 | -0.6 | -1.7 |
Asia (Dec. 2011=100) |
50.607 | 137.9 | 138.0 | 0.4 | 2.1 | -1.7 | -2.8 | 0.1 |
Inbound Air Freight |
100.000 | 167.5 | 174.5 | 5.3 | 5.8 | 2.9 | -4.2 | 4.2 |
Europe (Dec. 2003=100) |
26.914 | 138.7 | 128.7 | -19.6 | 8.2 | -9.0 | 2.7 | -7.2 |
Asia |
61.418 | 164.2 | 175.4 | 17.7 | 4.2 | 8.2 | -3.9 | 6.8 |
Outbound Air Freight |
100.000 | 165.5 | 167.6 | -6.7 | -1.6 | -0.9 | -0.7 | 1.3 |
Europe (Dec. 2003=100) |
34.702 | 158.7 | 157.0 | -8.0 | 1.0 | -4.4 | 0.3 | -1.1 |
Asia |
44.207 | 179.2 | 186.6 | -7.5 | -4.0 | 1.5 | -1.6 | 4.1 |
Air Passenger Fares |
||||||||
Import Air Passenger Fares |
100.000 | 181.5 | 197.9 | -2.5 | 0.3 | 1.2 | 0.4 | 9.0 |
Europe |
49.336 | 208.1 | 224.1 | -7.4 | -1.5 | -0.4 | 7.3 | 7.7 |
Asia |
12.189 | 172.0 | 188.4 | -5.3 | 7.2 | -0.8 | 2.4 | 9.5 |
Latin America/Caribbean |
8.980 | 137.7 | 149.8 | -7.0 | 7.3 | -9.0 | -3.2 | 8.8 |
Export Air Passenger Fares |
100.000 | 176.7 | 195.4 | -1.3 | 4.0 | 0.5 | -3.0 | 10.6 |
Europe |
38.153 | 218.8 | 252.8 | -3.8 | 4.7 | -2.7 | 5.2 | 15.5 |
Asia |
12.453 | 189.2 | 198.8 | -7.4 | 4.4 | 1.9 | -0.7 | 5.1 |
Latin America/Caribbean |
29.027 | 158.8 | 178.9 | -7.5 | 3.2 | 2.7 | -13.5 | 12.7 |
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. 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.