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Transmission of material in this release is embargoed until USDL-23-1975 8:30 a.m. (ET) Friday, September 15, 2023 Technical information: (202) 691-7101 * MXPinfo@bls.gov * www.bls.gov/mxp Media contact: (202) 691-5902 * PressOffice@bls.gov U.S. IMPORT AND EXPORT PRICE INDEXES - AUGUST 2023 U.S. import prices rose 0.5 percent in August, after ticking up 0.1 percent the previous month, the U.S. Bureau of Labor Statistics reported today. The August advance was led by higher fuel prices. Prices for U.S. exports increased 1.3 percent in August following a 0.5-percent rise in July. __________________________________________________________________________________________________________ BLS is seeking feedback on an upcoming methodological change to U.S. Import and Export Price Indexes. More information is available in the Federal Register Notice at www.federalregister.gov/documents/2023/09/11/2023-19486/comment-request. Please share your thoughts by emailing ipp_frn@bls.gov. __________________________________________________________________________________________________________ Imports The price index for U.S. imports advanced 0.5 percent in August, the largest monthly increase since May 2022. Despite the August increase, U.S. import prices fell 3.0 percent over the past year. (See table 1.) Fuel Imports: Import fuel prices rose 6.7 percent in August following a 2.2-percent advance in July. The August increase was the largest 1-month advance since March 2022. Higher prices for import petroleum and for natural gas in August contributed to the overall increase in fuel prices. In spite of the recent rises, prices for import fuel declined 19.0 percent over the past 12 months. The price index for import petroleum advanced 6.5 percent in August, after increasing 1.9 percent the previous month. Import petroleum prices fell 17.6 percent for the year ended in August. Prices for import natural gas rose 19.1 percent in August following a 13.7-percent advance in July. Import natural gas prices declined 51.8 percent over the past year. All Imports Excluding Fuel: Prices for nonfuel imports edged down 0.1 percent for the second consecutive month in August. Nonfuel import prices have not recorded a monthly increase since February 2023. Lower prices in August for nonfuel industrial supplies and materials; capital goods; and automotive vehicles more than offset higher prices for foods, feeds, and beverages and consumer goods. Nonfuel import prices decreased 0.8 percent for the year ended in August. Foods, Feeds, and Beverages: The price index for import foods, feeds, and beverages increased 0.7 percent in August following a 2.4-percent advance the previous month. Higher prices for feedstuff and foodgrains in August led the increase. Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 0.8 percent in August, after decreasing 1.4 percent in July. The August decline was driven by lower prices for chemicals and unfinished metals. Finished Goods: Prices for the major finished goods import categories were mixed in August. Capital goods prices declined 0.2 percent, the largest 1-month decrease since the index fell 0.3 percent in November 2019. The August decline was led by a 0.8-percent drop in the price index for computers, peripherals, and semiconductors. Prices for automotive vehicles edged down 0.1 percent in August following a 0.5-percent advance in July. Lower parts prices in August drove the decrease. In contrast, the price index for consumer goods ticked up 0.1 percent in August, after declining 0.2 percent the previous month. 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 |
||||||
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 | 4.6 | -0.1 | -0.1 | 0.4 | -0.1 |
May |
-0.4 | -5.0 | 0.0 | -2.1 | -2.3 | (r)-2.1 |
June |
(r)-0.2 | (r)1.1 | -0.3 | (r)-0.6 | -1.5 | (r)-0.5 |
July |
(r)0.1 | (r)2.2 | (r)-0.1 | (r)0.5 | (r)0.5 | 0.6 |
August |
0.5 | 6.7 | -0.1 | 1.3 | -2.2 | 1.7 |
Aug. 2021 to 2022 |
7.7 | 46.4 | 3.9 | 11.2 | 12.0 | 11.1 |
Aug. 2022 to 2023 |
-3.0 | -19.0 | -0.8 | -5.5 | -7.8 | -5.3 |
Footnotes |
Exports Prices for U.S. exports advanced 1.3 percent in August, after increasing 0.5 percent the previous month. The August rise was the largest 1-month advance since the index increased 2.7 percent in May 2022. Higher nonagricultural prices in August more than offset lower agricultural prices. Despite the advance in August, U.S. export prices declined 5.5 percent over the past year. (See table 2.) Agricultural Exports: Export agricultural prices decreased 2.2 percent in August following a 0.5-percent increase in July. The August decline was driven by lower prices for soybeans, corn, wheat, and nuts. Prices for agricultural exports fell 7.8 percent for the year ended in August. Lower prices for corn and soybeans were the primary contributors to the 12-month drop in export agricultural prices. All Exports Excluding Agriculture: The price index for nonagricultural exports rose 1.7 percent in August, after advancing 0.6 percent the previous month. The August increase was the largest monthly advance since the index rose 2.7 percent in May 2022. Higher prices in August for nonagricultural industrial supplies and materials; capital goods; and automotive vehicles more than offset lower prices for consumer goods and nonagricultural foods. In spite of the recent increase, nonagricultural prices fell 5.3 percent from August 2022 to August 2023. Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and materials advanced 4.2 percent in August following a 1.1-percent increase in July. The August rise was the largest 1-month advance since May 2022 and was driven by higher fuel prices. Finished Goods: Prices for the major finished goods export categories were mixed in August. Prices for export capital goods ticked up 0.1 percent for the second consecutive month in August. Both the August and July increases were led by 0.3-percent advances in industrial and service machinery prices. The price index for automotive vehicles rose 0.2 percent in August, after increasing 0.2 percent in July. Higher prices for parts and passenger cars in August drove the advance. In contrast, consumer goods prices edged down 0.1 percent in August, the first monthly drop since a 0.3-percent decrease in November 2022. Lower prices in August for nonmanufactured consumer goods led the decline. More information for the major import and export price indexes can be found at www.bls.gov/web/ximpim/largest.htm. Measures of Import and Export Prices by Locality Imports by Locality of Origin: Import prices from China increased 0.1 percent in August following a 0.3- percent drop the previous month. The August rise was the first monthly advance since the index increased 0.4 percent in October 2022. Despite the advance, prices for imports from China declined 2.2 percent for the year ended in August. Import prices from Japan were unchanged in August, after increasing 0.4 percent in July. The price index for imports from Japan rose 1.2 percent from August 2022 to August 2023. Prices for imports from Canada advanced 2.0 percent in August, the largest 1-month increase since the index rose 2.6 percent in May 2022. Import prices from Canada decreased 11.0 percent over the past 12 months. Prices for imports from the European Union increased 0.6 percent in August, the largest monthly advance since January 2023. The price index for imports from Mexico rose 0.3 percent in August following a 2.3-percent increase the previous month. (See table 7.) Exports by Locality of Destination: Prices for exports to China declined 0.3 percent in August, after increasing 1.3 percent the previous month. Export prices to China fell 7.9 percent for the year ended in August. The price index for exports to Japan was unchanged in August and has not recorded a 1-month advance since February 2023. Prices for exports to Japan decreased 10.4 percent over the past year. Export prices to Mexico rose 1.9 percent in August, the largest monthly advance since the index increased 2.1 percent in June 2022. Despite the August rise, the price index for exports to Mexico fell 8.2 percent over the past 12 months. Prices for exports to Canada and the European Union also increased in August, advancing 0.8 percent and 0.4 percent, respectively. (See table 8.) Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure the change in the purchasing power of exports relative to imports. U.S. terms of trade with China fell 0.4 percent in August, after increasing 1.6 percent in July. Lower export prices to China and higher import prices from China each contributed to the August decline. The index for U.S. terms of trade with China decreased 5.8 percent over the past 12 months. U.S. terms of trade with Japan was unchanged in August following a 1.9-percent decline in July. U.S. terms of trade with Japan fell 11.4 percent for the year ended in August. The U.S. terms of trade with Canada declined 1.2 percent in August, after decreasing 1.1 percent the previous month. U.S. terms of trade with Mexico increased 1.6 percent in August and U.S. terms of trade with the European Union decreased 0.2 percent over the same period. (See table 9.) Import and Export Services Imports: The index for import air passenger fares decreased 14.1 percent in August, after declining 9.2 percent in July. The August drop was the largest 1-month decrease since January 2022 and was led by lower European fares. Asian and Latin American/Caribbean fares also declined in August. Import air passenger fares fell 8.0 percent over the past year, the largest 12-month decrease since February 2021. Prices for import air freight declined 11.8 percent in August following a 0.8-percent drop the previous month. The August decrease was the largest monthly decline since January 2023 and was driven by lower Asian air freight prices. Import air freight prices fell 35.2 percent for the year ended in August. (See table 10.) Exports: Export air passenger fares declined 8.8 percent in August, after increasing 4.2 percent the previous month. Lower European and Latin American/Caribbean fares in August more than offset higher Asian fares. Export air passenger fares fell 6.4 percent from August 2022 to August 2023, the first 12-month decrease since the index declined 1.0 percent for the year ended November 2021. Export air freight prices rose 5.5 percent in August following a 0.6-percent advance in July. The August increase was the largest 1-month rise since February 2022. Prices for export air freight fell 10.8 percent over the past 12 months. U.S. Import and Export Price Index data for September 2023 are scheduled for release on Friday, October 13, 2023, at 8:30 a.m. (ET).
Description | End Use |
Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||||
All commodities |
100.000 | 139.6 | 140.3 | -3.0 | -0.4 | -0.2 | 0.1 | 0.5 | |
All imports excluding food and fuels (Dec. 2010=100) |
83.793 | 108.0 | 107.8 | -1.3 | 0.0 | -0.4 | -0.2 | -0.2 | |
All imports excluding petroleum |
91.511 | 123.5 | 123.5 | -1.1 | -0.2 | -0.3 | 0.0 | 0.0 | |
All imports excluding fuels (Dec. 2001=100) |
91.003 | 127.4 | 127.3 | -0.8 | 0.0 | -0.3 | -0.1 | -0.1 | |
Foods, feeds, & beverages |
0 |
7.210 | 213.9 | 215.5 | 5.0 | -0.9 | -0.2 | 2.4 | 0.7 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
5.790 | 237.8 | 239.6 | 6.9 | -0.8 | 0.2 | 3.2 | 0.8 |
Nonagricultural foods (fish, distilled beverages) |
01 |
1.420 | 157.3 | 158.3 | -2.2 | -0.9 | -1.7 | -0.3 | 0.6 |
Industrial supplies & materials |
1 |
24.502 | 241.7 | 246.5 | -12.2 | -1.9 | -0.4 | -0.1 | 2.0 |
Industrial supplies & materials excluding petroleum |
16.124 | 200.5 | 199.6 | -9.7 | -0.7 | -1.2 | -1.1 | -0.4 | |
Industrial supplies & materials excluding fuels (Dec. 2001=100) |
15.519 | 224.7 | 222.9 | -7.9 | -0.2 | -1.2 | -1.4 | -0.8 | |
Industrial supplies & materials, durable |
9.770 | 218.3 | 217.1 | -6.2 | 0.1 | -1.9 | -1.4 | -0.5 | |
Industrial supplies & materials nondurable excluding petroleum |
6.244 | 179.9 | 179.5 | -14.4 | -1.8 | -0.2 | -0.6 | -0.2 | |
Fuels & lubricants |
10 |
8.997 | 278.6 | 297.3 | -19.0 | -5.0 | 1.1 | 2.2 | 6.7 |
Petroleum & petroleum products |
100 |
8.489 | 300.2 | 319.7 | -17.6 | -4.5 | 1.2 | 1.9 | 6.5 |
Crude petroleum |
10000 |
5.409 | 310.6 | 327.1 | -14.7 | -3.3 | -0.5 | 5.1 | 5.3 |
Fuels, n.e.s.-coals & gas |
101 |
0.374 | 154.0 | 174.8 | -44.9 | -17.6 | -1.3 | 9.3 | 13.5 |
Natural gas |
10110 |
0.265 | 127.2 | 151.5 | -51.8 | -23.9 | -1.5 | 13.7 | 19.1 |
Paper & paper base stocks |
11 |
0.541 | 143.6 | 140.7 | -5.1 | 0.9 | 3.3 | -1.5 | -2.0 |
Materials associated with nondurable supplies & materials |
12 |
5.194 | 196.4 | 194.2 | -11.5 | -0.7 | -0.5 | -1.3 | -1.1 |
Selected building materials |
13 |
1.753 | 190.7 | 191.3 | -8.6 | 0.4 | -0.6 | 1.7 | 0.3 |
Unfinished metals related to durable goods |
14 |
3.891 | 319.2 | 314.6 | -10.8 | 0.2 | -3.4 | -3.5 | -1.4 |
Finished metals related to durable goods |
15 |
2.349 | 217.4 | 217.0 | 1.4 | 0.0 | -0.1 | -0.6 | -0.2 |
Nonmetals related to durable goods |
16 |
1.776 | 123.9 | 124.0 | -4.0 | -0.5 | -1.9 | -0.6 | 0.1 |
Capital goods |
2 |
27.900 | 93.6 | 93.4 | 0.5 | 0.0 | -0.1 | 0.0 | -0.2 |
Electric generating equipment |
20 |
3.749 | 129.2 | 129.9 | 0.3 | 0.2 | -0.2 | -0.2 | 0.5 |
Nonelectrical machinery |
21 |
22.733 | 84.5 | 84.3 | 0.2 | 0.0 | -0.1 | 0.0 | -0.2 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
1.419 | 154.1 | 154.3 | 6.9 | 0.3 | 0.1 | 0.7 | 0.1 |
Automotive vehicles, parts & engines |
3 |
12.931 | 118.5 | 118.4 | 1.7 | 0.3 | -0.1 | 0.5 | -0.1 |
Consumer goods, excluding automotives |
4 |
27.457 | 109.9 | 110.0 | -0.3 | 0.1 | -0.3 | -0.2 | 0.1 |
Nondurables, manufactured |
40 |
12.841 | 125.1 | 125.1 | 0.2 | 0.2 | -0.1 | -0.3 | 0.0 |
Durables, manufactured |
41 |
13.652 | 95.4 | 95.6 | -0.3 | 0.1 | -0.2 | 0.0 | 0.2 |
Nonmanufactured consumer goods |
42 |
0.963 | 123.9 | 123.2 | -5.9 | 0.0 | -2.2 | -2.1 | -0.6 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | End Use |
Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||||
All commodities |
100.000 | 147.7 | 149.6 | -5.5 | -2.1 | -0.6 | 0.5 | 1.3 | |
Agricultural commodities |
11.005 | 240.9 | 235.6 | -7.8 | -2.3 | -1.5 | 0.5 | -2.2 | |
All exports excluding food and fuels (Dec. 2010=100) |
73.700 | 113.7 | 113.9 | -1.0 | -0.1 | -0.5 | -0.5 | 0.2 | |
All exports excluding fuels (June 2022=100) |
83.808 | 98.9 | 98.8 | -0.7 | -0.4 | -0.6 | -0.3 | -0.1 | |
Nonagricultural commodities |
88.995 | 140.6 | 143.0 | -5.3 | -2.1 | -0.5 | 0.6 | 1.7 | |
Foods, feeds, & beverages |
0 |
10.108 | 243.5 | 237.4 | -7.7 | -2.3 | -1.5 | 0.6 | -2.5 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
9.721 | 246.1 | 239.8 | -7.4 | -2.4 | -1.5 | 0.7 | -2.6 |
Nonagricultural foods (fish, distilled beverages) |
01 |
0.387 | 194.5 | 192.0 | -13.8 | -0.6 | -2.6 | -3.1 | -1.3 |
Industrial supplies & materials |
1 |
37.495 | 195.6 | 203.5 | -13.3 | -4.9 | -1.5 | 1.1 | 4.0 |
Industrial supplies & materials, durable |
10.829 | 208.3 | 208.8 | -2.5 | -0.6 | -1.8 | -1.7 | 0.2 | |
Industrial supplies & materials, nondurable |
26.666 | 188.1 | 198.6 | -16.4 | -6.7 | -1.3 | 2.2 | 5.6 | |
Agricultural industrial supplies & materials |
10 |
1.252 | 215.7 | 217.1 | -10.4 | -1.9 | -1.5 | -1.2 | 0.6 |
Nonagricultural industrial supplies & materials |
36.243 | 195.0 | 203.1 | -13.4 | -5.0 | -1.4 | 1.1 | 4.2 | |
Fuels & lubricants |
11 |
16.192 | 237.2 | 257.4 | -18.9 | -10.6 | -0.6 | 5.8 | 8.5 |
Nonagricultural supplies & materials excluding fuels & building materials |
12 |
19.249 | 189.1 | 190.3 | -7.4 | -0.5 | -2.1 | -2.4 | 0.6 |
Selected building materials |
13 |
0.802 | 146.0 | 148.1 | -10.6 | -0.3 | -1.2 | -0.5 | 1.4 |
Capital goods |
2 |
31.147 | 121.4 | 121.5 | 2.1 | 0.0 | 0.2 | 0.1 | 0.1 |
Electrical generating equipment |
20 |
3.479 | 137.7 | 137.4 | 3.3 | 0.1 | -0.1 | 0.1 | -0.2 |
Nonelectrical machinery |
21 |
22.730 | 101.4 | 101.6 | 0.9 | 0.0 | -0.1 | 0.0 | 0.2 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
4.937 | 211.8 | 212.1 | 7.4 | 0.1 | 2.2 | 0.2 | 0.1 |
Automotive vehicles, parts & engines |
3 |
8.276 | 124.1 | 124.3 | 2.1 | 0.1 | 0.1 | 0.2 | 0.2 |
Consumer goods, excluding automotives |
4 |
12.974 | 119.8 | 119.7 | 2.5 | 0.3 | 0.1 | 0.0 | -0.1 |
Nondurables, manufactured |
40 |
6.856 | 111.1 | 111.1 | 1.8 | 0.3 | 0.0 | 0.1 | 0.0 |
Durables, manufactured |
41 |
4.854 | 120.1 | 120.1 | 4.4 | 0.3 | 0.4 | 0.1 | 0.0 |
Nonmanufactured consumer goods (Dec. 2018=100) |
42 |
1.264 | 129.5 | 128.2 | -1.0 | -0.1 | -0.8 | -0.7 | -1.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||||
Nonmanufacturing |
8.292 | 146.9 | 153.8 | -12.1 | -4.1 | -0.8 | 4.6 | 4.7 | |
Agriculture, forestry, fishing and hunting |
11 |
2.227 | 220.6 | 222.6 | 7.7 | -2.0 | -0.8 | 5.6 | 0.9 |
Crop production |
111 |
1.780 | 229.2 | 231.4 | 6.4 | -2.2 | -0.7 | 5.9 | 1.0 |
Animal production (Dec. 2022=100) |
112 |
0.273 | 115.7 | 118.2 | - | 0.9 | -1.2 | 5.8 | 2.2 |
Mining |
21 |
6.065 | 141.1 | 149.7 | -17.3 | -4.9 | -0.8 | 4.1 | 6.1 |
Oil and gas extraction |
211 |
5.801 | 139.7 | 148.3 | -18.1 | -4.5 | -0.7 | 5.2 | 6.2 |
Mining (except oil and gas) (Dec. 2022=100) |
212 |
0.265 | 105.7 | 110.0 | - | -11.6 | -1.7 | -14.5 | 4.1 |
Manufacturing |
91.377 | 122.0 | 122.1 | -2.0 | -0.2 | -0.2 | -0.2 | 0.1 | |
Manufacturing, part 1 |
31 |
11.446 | 138.6 | 139.0 | 1.0 | 0.1 | -0.3 | -0.2 | 0.3 |
Food manufacturing |
311 |
4.241 | 187.5 | 188.5 | 1.9 | 0.0 | -0.5 | -0.4 | 0.5 |
Beverage and tobacco product manufacturing |
312 |
1.185 | 140.3 | 141.0 | 4.9 | 0.1 | 0.0 | 0.3 | 0.5 |
Apparel manufacturing |
315 |
3.219 | 118.9 | 118.7 | 0.0 | -0.1 | -0.2 | -0.1 | -0.2 |
Leather and allied product manufacturing |
316 |
1.377 | 127.0 | 127.0 | -0.6 | 0.2 | 0.2 | 0.2 | 0.0 |
Manufacturing, part 2 |
32 |
19.847 | 142.3 | 143.6 | -8.1 | -0.9 | 0.5 | -0.9 | 0.9 |
Paper manufacturing |
322 |
0.984 | 124.2 | 123.1 | -3.7 | 0.3 | 1.5 | -0.7 | -0.9 |
Petroleum and coal products manufacturing |
324 |
2.922 | 134.7 | 146.0 | -20.4 | -6.6 | 4.8 | -3.0 | 8.4 |
Chemical manufacturing |
325 |
11.110 | 150.1 | 149.4 | -6.6 | 0.0 | -0.3 | -0.9 | -0.5 |
Plastics and rubber products manufacturing |
326 |
2.649 | 133.7 | 133.7 | 0.2 | 0.6 | -0.1 | -0.3 | 0.0 |
Nonmetallic mineral product manufacturing |
327 |
1.081 | 146.3 | 146.0 | 2.7 | 0.6 | -0.8 | -0.2 | -0.2 |
Manufacturing, part 3 |
33 |
60.084 | 112.6 | 112.4 | -0.3 | 0.1 | -0.4 | -0.1 | -0.2 |
Primary metal manufacturing |
331 |
4.760 | 221.0 | 218.7 | -6.7 | 0.4 | -2.8 | -2.1 | -1.0 |
Fabricated metal product manufacturing |
332 |
3.319 | 148.3 | 147.8 | -2.8 | -0.2 | -0.3 | -0.5 | -0.3 |
Machinery manufacturing |
333 |
7.765 | 132.0 | 132.0 | 3.1 | 0.3 | -0.2 | 0.2 | 0.0 |
Computer and electronic product manufacturing |
334 |
16.785 | 72.6 | 72.5 | -1.8 | -0.3 | -0.1 | -0.1 | -0.1 |
Electrical equipment, appliance, and component manufacturing |
335 |
6.006 | 127.8 | 127.9 | 0.5 | 0.2 | -0.1 | 0.0 | 0.1 |
Transportation equipment manufacturing |
336 |
13.156 | 117.6 | 117.6 | 2.2 | 0.3 | -0.1 | 0.6 | 0.0 |
Furniture and related product manufacturing |
337 |
2.026 | 129.4 | 128.8 | -0.5 | 0.3 | 0.2 | 0.0 | -0.5 |
Miscellaneous manufacturing |
339 |
6.266 | 127.9 | 128.1 | 0.8 | 0.5 | -0.2 | -0.2 | 0.2 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||||
Nonmanufacturing |
14.856 | 176.3 | 179.1 | -22.1 | -7.4 | -2.0 | 4.9 | 1.6 | |
Agriculture, forestry, fishing and hunting |
11 |
5.489 | 206.3 | 197.2 | -14.2 | -3.8 | -2.9 | 1.8 | -4.4 |
Crop production |
111 |
5.173 | 219.0 | 208.7 | -14.8 | -3.8 | -3.0 | 1.8 | -4.7 |
Mining |
21 |
9.367 | 106.7 | 112.2 | -26.0 | -9.5 | -1.5 | 6.8 | 5.2 |
Oil and gas extraction (Dec. 2021=100) |
211 |
8.005 | 94.1 | 100.3 | -27.7 | -10.0 | -0.2 | 8.0 | 6.6 |
Mining (except oil and gas) |
212 |
1.362 | 137.8 | 132.8 | -8.9 | -6.8 | -7.0 | -0.3 | -3.6 |
Manufacturing |
83.503 | 133.1 | 134.8 | -2.0 | -1.2 | -0.2 | -0.2 | 1.3 | |
Manufacturing, part 1 |
31 |
6.970 | 172.7 | 172.7 | -3.1 | -0.7 | -0.2 | -0.7 | 0.0 |
Food manufacturing |
311 |
5.160 | 203.9 | 204.1 | -3.4 | -0.9 | 0.0 | -0.6 | 0.1 |
Beverage and tobacco product manufacturing |
312 |
0.521 | 139.9 | 140.6 | -3.0 | -1.3 | -2.6 | -3.2 | 0.5 |
Manufacturing, part 2 |
32 |
25.855 | 134.1 | 139.6 | -7.1 | -3.4 | -0.7 | -0.1 | 4.1 |
Wood product manufacturing (Dec. 2017=100) |
321 |
0.402 | 113.7 | 114.2 | -14.8 | -0.3 | -1.6 | -0.8 | 0.4 |
Paper manufacturing |
322 |
1.520 | 140.8 | 139.6 | -10.9 | -2.5 | -5.7 | 2.1 | -0.9 |
Petroleum and coal products manufacturing |
324 |
6.400 | 145.4 | 167.0 | -8.6 | -12.7 | 0.4 | 2.8 | 14.9 |
Chemical manufacturing |
325 |
14.261 | 132.0 | 132.9 | -6.9 | 0.1 | -0.7 | -1.7 | 0.7 |
Plastics and rubber products manufacturing |
326 |
2.299 | 133.6 | 133.8 | 1.7 | 0.2 | 0.0 | 0.3 | 0.1 |
Nonmetallic mineral product manufacturing |
327 |
0.777 | 133.0 | 136.1 | 0.8 | 0.2 | 0.2 | 1.2 | 2.3 |
Manufacturing, part 3 |
33 |
50.678 | 128.8 | 128.8 | 1.3 | 0.1 | 0.0 | -0.1 | 0.0 |
Primary metal manufacturing |
331 |
4.267 | 200.6 | 199.9 | -6.8 | -0.4 | -1.8 | -2.2 | -0.3 |
Machinery manufacturing |
333 |
9.612 | 149.6 | 150.2 | 4.7 | 0.1 | 0.1 | 0.3 | 0.4 |
Computer and electronic product manufacturing |
334 |
12.876 | 83.0 | 82.9 | -2.4 | -0.2 | -0.2 | -0.2 | -0.1 |
Electrical equipment, appliance, and component manufacturing |
335 |
3.614 | 136.2 | 136.0 | 3.7 | 0.2 | -0.1 | 0.3 | -0.1 |
Transportation equipment manufacturing |
336 |
12.235 | 144.1 | 144.3 | 4.1 | 0.1 | 0.8 | 0.2 | 0.1 |
Miscellaneous manufacturing |
339 |
5.004 | 139.3 | 138.9 | 3.5 | 0.4 | 0.4 | 0.1 | -0.3 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative importance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||||
Live animals; animal products |
I |
1.575 | 236.6 | 240.1 | 3.9 | 0.0 | -0.9 | 1.0 | 1.5 |
Meat and edible meat offal |
02 |
0.423 | 335.2 | 334.9 | 0.0 | 2.3 | 1.4 | 2.8 | -0.1 |
Fish and crustaceans, molluscs and other aquatic invertebrates |
03 |
0.781 | 150.2 | 152.2 | -3.0 | -1.8 | -3.1 | -1.1 | 1.3 |
Vegetable products |
II |
2.236 | 256.1 | 258.5 | 6.4 | -1.7 | -0.8 | 4.2 | 0.9 |
Edible vegetables, roots, and tubers |
07 |
0.590 | 526.9 | 522.3 | 16.5 | 5.2 | -1.3 | 10.5 | -0.9 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.799 | 126.5 | 127.1 | 9.1 | -7.4 | 0.7 | 9.0 | 0.5 |
Coffee, tea, mate and spices |
09 |
0.380 | 293.2 | 297.9 | -7.0 | -0.7 | -0.7 | -2.7 | 1.6 |
Animal or vegetable fats and oils (Dec. 2009=100) |
III |
0.373 | 143.4 | 149.3 | -1.3 | -1.2 | -1.2 | -0.9 | 4.1 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.398 | 196.3 | 197.0 | 5.1 | 0.1 | 0.2 | 0.5 | 0.4 |
Sugars and sugar confectionary (Dec. 2021=100) |
17 |
0.214 | 114.4 | 114.8 | 6.9 | 0.5 | -0.4 | 0.5 | 0.3 |
Cocoa and cocoa preparations (Dec. 2009=100) |
18 |
0.250 | 123.7 | 125.0 | 22.3 | -2.8 | 2.3 | 2.1 | 1.1 |
Miscellaneous edible preparations (Dec. 2022=100) |
21 |
0.393 | 97.7 | 97.8 | - | 0.5 | 0.4 | -0.5 | 0.1 |
Beverages, spirits, and vinegar |
22 |
1.116 | 154.0 | 154.8 | 4.9 | 0.2 | -0.1 | 0.3 | 0.5 |
Mineral products |
V |
9.106 | 285.7 | 304.8 | -18.4 | -5.5 | 1.0 | 1.7 | 6.7 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
8.772 | 278.9 | 298.3 | -19.0 | -5.3 | 1.2 | 2.3 | 7.0 |
Products of the chemical or allied industries |
VI |
10.527 | 170.8 | 171.5 | -3.8 | 0.2 | -0.5 | -0.9 | 0.4 |
Inorganic chemicals |
28 |
0.619 | 509.0 | 493.0 | -8.2 | 0.0 | -0.2 | -1.8 | -3.1 |
Organic chemicals |
29 |
2.366 | 143.1 | 142.5 | -5.7 | 0.5 | -1.3 | -1.0 | -0.4 |
Pharmaceutical products |
30 |
5.251 | 147.4 | 147.4 | -0.3 | 0.1 | -0.1 | -0.7 | 0.0 |
Fertilizers (Dec. 2022=100) |
31 |
0.337 | 62.8 | 74.2 | - | -4.0 | -1.2 | -6.0 | 18.2 |
Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100) |
32 |
0.204 | 101.0 | 101.4 | - | 2.2 | -0.9 | -1.0 | 0.4 |
Miscellaneous chemical products |
38 |
0.821 | 118.7 | 118.1 | -0.5 | 0.3 | -1.2 | -1.2 | -0.5 |
Plastics and articles thereof; rubber and articles thereof |
VII |
4.158 | 157.5 | 154.8 | -4.2 | -0.1 | 0.2 | -0.6 | -1.7 |
Plastics and articles thereof |
39 |
2.700 | 156.8 | 153.0 | -7.3 | -0.5 | 0.1 | -0.8 | -2.4 |
Rubber and articles thereof |
40 |
1.458 | 162.2 | 161.4 | 2.3 | 0.6 | 0.2 | -0.1 | -0.5 |
Woodpulp, recovered paper, and paper products |
X |
0.983 | 130.8 | 129.5 | -4.1 | 0.6 | 2.0 | -0.9 | -1.0 |
Textile and textile articles |
XI |
4.439 | 120.6 | 120.6 | 0.0 | 0.2 | -0.2 | -0.2 | 0.0 |
Articles of apparel and clothing accessories, not knitted or crocheted |
62 |
1.220 | 126.6 | 126.6 | 0.2 | -0.2 | -0.2 | -0.4 | 0.0 |
Headgear, umbrellas, artificial flowers, etc. |
XII |
1.209 | 127.0 | 126.8 | 0.1 | 0.2 | 0.2 | 0.2 | -0.2 |
Footwear and parts of such articles |
64 |
0.958 | 123.9 | 123.7 | 0.0 | 0.2 | 0.2 | 0.2 | -0.2 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.942 | 138.3 | 138.2 | 2.8 | 0.5 | -0.4 | -0.2 | -0.1 |
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100) |
68 |
0.345 | 102.9 | 102.9 | 0.6 | 0.2 | 0.0 | 0.0 | 0.0 |
Glass and glassware (Dec. 2021=100) |
70 |
0.332 | 109.0 | 108.3 | 6.8 | 0.5 | -0.5 | -0.4 | -0.6 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
3.181 | 223.1 | 225.4 | -2.8 | 1.6 | -2.4 | -3.9 | 1.0 |
Base metals and articles of base metals |
XV |
6.272 | 233.6 | 230.8 | -4.6 | -0.5 | -1.1 | -0.3 | -1.2 |
Articles of iron or steel |
73 |
1.860 | 203.1 | 200.9 | -3.0 | -0.9 | -1.3 | 0.0 | -1.1 |
Copper and articles thereof |
74 |
0.527 | 370.7 | 380.4 | 8.7 | -2.5 | -2.0 | -0.2 | 2.6 |
Aluminum and articles thereof |
76 |
1.062 | 190.0 | 186.3 | -5.1 | -0.3 | -0.7 | -0.1 | -1.9 |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof |
82 |
0.448 | 132.6 | 133.2 | 2.6 | 0.0 | 0.0 | 0.4 | 0.5 |
Miscellaneous articles of base metal |
83 |
0.544 | 147.2 | 146.8 | -4.1 | -0.3 | -0.5 | -0.1 | -0.3 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
30.003 | 82.6 | 82.6 | -0.1 | 0.0 | -0.1 | 0.0 | 0.0 |
Machinery and mechanical appliances; parts thereof |
84 |
15.318 | 89.7 | 89.7 | 0.4 | 0.2 | -0.1 | 0.0 | 0.0 |
Electrical machinery and equip, sound and TV recorders & reproducers, parts |
85 |
14.685 | 75.9 | 75.9 | -0.7 | -0.1 | -0.3 | -0.1 | 0.0 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
10.949 | 122.3 | 122.1 | 1.9 | 0.2 | -0.1 | 0.7 | -0.2 |
Motor vehicles and their parts |
87 |
10.319 | 121.3 | 121.1 | 1.7 | 0.2 | 0.0 | 0.6 | -0.2 |
Aircraft, spacecraft, and parts thereof (Dec. 2020=100) |
88 |
0.519 | 108.7 | 108.8 | 4.9 | 0.0 | -0.3 | 0.6 | 0.1 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
4.165 | 108.2 | 108.5 | 3.0 | 0.2 | 0.1 | 0.1 | 0.3 |
Optical, photographic, measuring and medical instruments |
90 |
3.871 | 103.8 | 103.9 | 2.6 | 0.1 | 0.0 | 0.1 | 0.1 |
Miscellaneous manufactured articles |
XX |
4.850 | 120.1 | 120.1 | 0.2 | 0.0 | 0.0 | -0.2 | 0.0 |
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs |
94 |
2.765 | 127.7 | 127.2 | -0.9 | -0.1 | 0.0 | 0.0 | -0.4 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
1.783 | 106.0 | 106.7 | 0.3 | 0.3 | -0.2 | -0.5 | 0.7 |
Miscellaneous manufactured articles |
96 |
0.302 | 147.6 | 148.0 | 9.2 | 0.0 | 0.0 | 0.2 | 0.3 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||||
Live animals; animal products |
I |
2.066 | 257.9 | 257.4 | -9.5 | -0.3 | -0.9 | -1.2 | -0.2 |
Meat & edible meat offal (Dec. 2006=100) |
02 |
1.360 | 220.4 | 222.2 | -2.2 | 1.3 | 0.6 | 0.4 | 0.8 |
Fish and crustaceans, mollusks and aquatic invertebrates (Dec. 2022=100) |
03 |
0.241 | 80.7 | 78.6 | - | -0.9 | -3.9 | -4.6 | -2.6 |
Vegetable products |
II |
5.250 | 274.2 | 260.3 | -13.6 | -4.0 | -2.9 | 1.7 | -5.1 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.795 | 131.9 | 129.2 | -5.7 | 3.2 | -3.7 | -4.1 | -2.0 |
Cereals |
10 |
1.790 | 288.9 | 268.5 | -19.5 | -6.9 | -0.6 | -4.1 | -7.1 |
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder |
12 |
2.120 | 308.8 | 290.3 | -12.1 | -3.8 | -6.0 | 10.5 | -6.0 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.049 | 186.3 | 186.8 | 2.2 | -0.8 | 0.2 | -0.9 | 0.3 |
Miscellaneous edible preparations (Dec. 2017=100) |
21 |
0.691 | 118.9 | 119.6 | 10.5 | 0.3 | 0.8 | 0.4 | 0.6 |
Beverages, spirits, and vinegar (Dec. 2008=100) |
22 |
0.477 | 109.3 | 109.7 | 1.3 | 0.2 | -0.1 | -0.1 | 0.4 |
Residues and waste from the food industries; prepared animal feed |
23 |
0.744 | 290.1 | 289.0 | -10.4 | -3.6 | -1.9 | -4.7 | -0.4 |
Mineral products |
V |
15.827 | 282.2 | 307.6 | -19.4 | -10.8 | -0.7 | 5.3 | 9.0 |
Ores, slag and ash (Dec. 2012=100) |
26 |
0.462 | 121.9 | 126.1 | -1.4 | -5.3 | -4.9 | -7.2 | 3.4 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
15.142 | 270.5 | 295.7 | -20.1 | -11.1 | -0.5 | 5.7 | 9.3 |
Products of the chemical or allied industries |
VI |
12.860 | 161.5 | 163.0 | -2.8 | 0.2 | -0.4 | -1.1 | 0.9 |
Pharmaceutical products |
30 |
4.518 | 108.8 | 109.0 | 3.1 | 0.6 | 0.0 | 0.4 | 0.2 |
Essential oils and resinoids; perfumery cosmetic or toilet preparations |
33 |
0.878 | 148.9 | 148.5 | 5.5 | 0.0 | 0.1 | -0.3 | -0.3 |
Soap; lubricants; waxes, polishing or scouring products; candles, pastes |
34 |
0.489 | 139.0 | 139.0 | 2.3 | 0.2 | 0.7 | 0.7 | 0.0 |
Miscellaneous chemical products |
38 |
2.325 | 192.5 | 192.7 | 2.9 | 0.3 | 0.1 | 0.1 | 0.1 |
Plastics and articles thereof; rubber and articles thereof |
VII |
4.554 | 156.3 | 156.4 | -7.7 | -0.2 | -0.9 | -1.1 | 0.1 |
Plastics and articles thereof |
39 |
3.748 | 153.1 | 153.1 | -9.5 | -0.3 | -1.0 | -1.5 | 0.0 |
Rubber and articles thereof |
40 |
0.807 | 169.9 | 170.3 | 2.0 | 0.4 | -0.4 | 0.8 | 0.2 |
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100) |
IX |
0.460 | 104.4 | 105.8 | -18.6 | -0.9 | -2.7 | -1.5 | 1.3 |
Woodpulp, recovered paper, and paper products |
X |
1.662 | 140.5 | 140.4 | -11.9 | -2.6 | -4.8 | 2.1 | -0.1 |
Woodpulp and recovered paper (Dec. 2019=100) |
47 |
0.447 | 132.8 | 130.7 | -31.6 | -6.6 | -14.8 | 6.9 | -1.6 |
Paper and paperboard; articles of paper pulp, paper or paperboard |
48 |
0.973 | 145.6 | 146.5 | -0.9 | -1.2 | -1.0 | 0.6 | 0.6 |
Cotton, including yarns and woven fabrics thereof |
52 |
0.494 | 158.2 | 163.1 | -18.2 | -1.7 | 0.3 | -0.6 | 3.1 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.760 | 149.0 | 151.8 | 3.0 | 0.1 | 0.2 | 1.4 | 1.9 |
Glass and glassware (Dec. 2019=100) |
70 |
0.470 | 114.3 | 114.3 | 2.9 | 0.1 | 0.1 | 2.8 | 0.0 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
4.561 | 309.9 | 308.4 | -4.0 | 0.3 | -2.1 | -2.7 | -0.5 |
Base metals and articles of base metals |
XV |
4.528 | 209.7 | 209.2 | 0.5 | -0.9 | -1.2 | -0.2 | -0.2 |
Copper and articles thereof |
74 |
0.585 | 258.2 | 265.5 | 9.8 | -2.9 | -2.2 | 0.2 | 2.8 |
Aluminum and articles thereof |
76 |
0.665 | 142.1 | 141.6 | -2.9 | -0.3 | -1.2 | -2.7 | -0.4 |
Miscellaneous articles of base metal (Dec. 2022=100) |
83 |
0.326 | 103.6 | 103.6 | - | 0.2 | 0.1 | 1.8 | 0.0 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
26.138 | 106.6 | 106.6 | 1.9 | 0.0 | 0.2 | 0.0 | 0.0 |
Machinery and mechanical appliances; parts thereof |
84 |
15.217 | 130.6 | 130.8 | 4.3 | 0.0 | 0.8 | 0.1 | 0.2 |
Electrical machinery and equipment and parts and accessories thereof |
85 |
10.921 | 81.6 | 81.4 | -1.3 | -0.2 | -0.4 | -0.1 | -0.2 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
9.166 | 150.6 | 150.9 | 2.1 | 0.1 | 0.1 | 0.3 | 0.2 |
Motor vehicles and their parts |
87 |
6.902 | 125.2 | 125.4 | 1.0 | 0.1 | 0.0 | 0.3 | 0.2 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
5.694 | 118.2 | 118.5 | 3.6 | 0.3 | 0.2 | 0.6 | 0.3 |
Miscellaneous manufactured articles |
XX |
1.218 | 135.9 | 135.3 | 2.7 | 0.0 | 0.0 | -0.6 | -0.4 |
Furniture; stuffed furnishings; lamps and lighting fittings nesoi |
94 |
0.580 | 148.7 | 148.7 | -1.2 | 0.0 | 0.0 | -0.8 | 0.0 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
0.492 | 117.7 | 117.8 | 10.2 | 0.3 | 0.0 | -0.4 | 0.1 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | |||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
||||
Industrialized Countries(2) |
100.000 | 144.9 | 146.0 | -3.4 | -0.4 | -0.4 | 0.6 | 0.8 |
Nonmanufacturing |
10.906 | 245.2 | 260.5 | -16.3 | -4.2 | -1.0 | 4.0 | 6.2 |
Manufacturing |
88.584 | 136.7 | 136.8 | -1.4 | 0.1 | -0.3 | 0.1 | 0.1 |
Canada |
100.000 | 172.7 | 176.2 | -11.0 | -1.9 | -0.6 | 1.8 | 2.0 |
Nonmanufacturing |
30.746 | 240.1 | 256.2 | -17.4 | -4.5 | -1.1 | 4.0 | 6.7 |
Manufacturing |
68.363 | 158.3 | 158.1 | -7.7 | -0.6 | -0.3 | 0.8 | -0.1 |
European Union |
100.000 | 156.0 | 157.0 | 2.1 | 0.3 | -0.1 | 0.3 | 0.6 |
Manufacturing |
99.204 | 151.7 | 152.7 | 2.3 | 0.3 | -0.1 | 0.2 | 0.7 |
France (Dec. 2003=100) |
100.000 | 151.7 | 152.6 | 7.2 | 0.4 | 0.4 | -0.1 | 0.6 |
Germany (Dec. 2003=100) |
100.000 | 124.8 | 125.3 | 0.7 | 0.4 | -0.5 | 0.0 | 0.4 |
United Kingdom (Dec. 2003=100) |
100.000 | 136.3 | 136.6 | 0.1 | -0.7 | -0.3 | 0.6 | 0.2 |
Latin America(3) |
100.000 | 170.5 | 169.7 | -0.9 | -0.6 | 0.1 | 0.9 | -0.5 |
Nonmanufacturing |
14.089 | 326.3 | 334.5 | -5.7 | -3.1 | 0.4 | 5.5 | 2.5 |
Manufacturing |
85.645 | 137.8 | 136.5 | 0.3 | -0.1 | 0.1 | 0.1 | -0.9 |
Mexico (Dec. 2003=100) |
100.000 | 146.4 | 146.9 | 3.7 | -0.1 | 0.4 | 2.3 | 0.3 |
Nonmanufacturing (Dec. 2008=100) |
10.182 | 197.1 | 199.9 | 20.0 | -0.3 | 2.6 | 23.9 | 1.4 |
Manufacturing (Dec. 2008=100) |
89.560 | 98.7 | 98.9 | 2.4 | 0.1 | 0.2 | 0.3 | 0.2 |
Pacific Rim (Dec. 2003=100)(4) |
100.000 | 102.8 | 102.9 | -1.6 | -0.1 | -0.3 | -0.1 | 0.1 |
China (Dec. 2003=100) |
100.000 | 101.7 | 101.8 | -2.2 | -0.3 | -0.4 | -0.3 | 0.1 |
Japan |
100.000 | 101.3 | 101.3 | 1.2 | -0.2 | 0.1 | 0.4 | 0.0 |
Taiwan (Dec. 2018=100) |
100.000 | 109.6 | 109.7 | -2.0 | -0.5 | -0.2 | -0.2 | 0.1 |
Asian NICs(5) |
100.000 | 95.3 | 95.8 | -3.5 | -0.7 | 0.3 | -0.2 | 0.5 |
ASEAN (Dec. 2003=100)(6) |
100.000 | 101.6 | 101.5 | -2.5 | -0.8 | -0.5 | -0.4 | -0.1 |
Asia Near East (Dec. 2003=100)(7) |
100.000 | 214.0 | 225.4 | -9.5 | -4.2 | -0.8 | 2.4 | 5.3 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | |||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
||||
Industrialized Countries(2) |
100.000 | 119.5 | 120.3 | -2.3 | -1.8 | -0.3 | 1.0 | 0.7 |
Nonmanufacturing |
12.694 | 139.5 | 141.4 | -15.7 | -9.4 | -1.9 | 8.6 | 1.4 |
Manufacturing |
85.553 | 117.5 | 118.1 | 0.3 | -0.8 | 0.0 | 0.1 | 0.5 |
Canada |
100.000 | 127.3 | 128.3 | -1.3 | -1.7 | -0.1 | 0.6 | 0.8 |
Nonmanufacturing (Dec. 2020=100) |
7.649 | 133.4 | 137.2 | -21.5 | -5.4 | -1.7 | 5.7 | 2.8 |
Manufacturing (Dec. 2020=100) |
90.649 | 119.2 | 119.9 | 0.9 | -1.5 | 0.2 | 0.3 | 0.6 |
European Union |
100.000 | 117.9 | 118.4 | -2.1 | -1.6 | -0.4 | 1.4 | 0.4 |
Nonmanufacturing |
15.591 | 139.0 | 143.8 | -9.6 | -8.8 | -2.1 | 6.8 | 3.5 |
Manufacturing |
82.707 | 114.2 | 114.1 | 0.0 | -0.4 | 0.0 | 0.6 | -0.1 |
Germany |
100.000 | 117.6 | 117.9 | 3.1 | -0.3 | -0.6 | 1.6 | 0.3 |
Latin America(3) |
100.000 | 121.9 | 125.3 | -9.5 | -3.4 | -0.1 | 0.6 | 2.8 |
Nonmanufacturing |
9.312 | 139.9 | 140.6 | -40.7 | -7.5 | -1.9 | 6.1 | 0.5 |
Manufacturing |
90.043 | 120.7 | 124.5 | -4.2 | -3.0 | 0.1 | 0.0 | 3.1 |
Mexico |
100.000 | 123.2 | 125.6 | -8.2 | -2.1 | -0.4 | 0.9 | 1.9 |
Nonmanufacturing |
8.139 | 123.2 | 121.5 | -48.1 | -6.5 | -3.5 | 10.5 | -1.4 |
Manufacturing |
91.220 | 124.2 | 127.1 | -1.8 | -1.7 | -0.1 | 0.2 | 2.3 |
Pacific Rim(4) |
100.000 | 113.3 | 113.5 | -6.2 | -2.1 | -0.9 | 0.3 | 0.2 |
Nonmanufacturing |
21.399 | 122.0 | 123.0 | -17.8 | -8.1 | -3.0 | 3.7 | 0.8 |
Manufacturing |
77.525 | 112.9 | 112.8 | -1.5 | -0.5 | -0.1 | -0.5 | -0.1 |
China |
100.000 | 109.3 | 109.0 | -7.9 | -2.1 | -1.6 | 1.3 | -0.3 |
Nonmanufacturing |
28.169 | 112.8 | 112.4 | -18.2 | -6.4 | -3.8 | 4.5 | -0.4 |
Manufacturing |
70.757 | 110.4 | 110.1 | -2.4 | -0.4 | -0.6 | 0.0 | -0.3 |
Japan |
100.000 | 110.5 | 110.5 | -10.4 | -3.1 | -0.7 | -1.5 | 0.0 |
Nonmanufacturing |
24.123 | 119.5 | 119.9 | -28.8 | -11.9 | -2.1 | -1.7 | 0.3 |
Manufacturing |
74.850 | 108.4 | 108.3 | -0.7 | 0.0 | 0.0 | -1.3 | -0.1 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Index | Percent change | |||||
---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | ||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
|||
Industrialized Countries(2) |
100.9 | 100.9 | 1.2 | -1.4 | 0.1 | 0.4 | 0.0 |
Canada |
96.9 | 95.7 | 10.9 | 0.2 | 0.5 | -1.1 | -1.2 |
European Union |
101.7 | 101.5 | -4.1 | -1.9 | -0.3 | 1.1 | -0.2 |
Germany |
108.5 | 108.3 | 2.4 | -0.7 | -0.1 | 1.6 | -0.2 |
Latin America(3) |
106.5 | 109.9 | -8.7 | -2.8 | -0.3 | -0.3 | 3.2 |
Mexico |
108.6 | 110.3 | -11.4 | -2.0 | -0.8 | -1.4 | 1.6 |
Pacific Rim(4) |
108.5 | 108.5 | -4.7 | -2.1 | -0.6 | 0.4 | 0.0 |
China |
107.6 | 107.2 | -5.8 | -1.9 | -1.2 | 1.6 | -0.4 |
Japan |
104.2 | 104.2 | -11.4 | -2.9 | -0.8 | -1.9 | 0.0 |
Footnotes |
|||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Jul. 2023(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Jul. 2023 |
Aug. 2023 |
Annual | Monthly | |||||
Aug. 2022 to Aug. 2023 |
Apr. 2023 to May 2023 |
May 2023 to Jun. 2023 |
Jun. 2023 to Jul. 2023 |
Jul. 2023 to Aug. 2023 |
||||
Air Freight |
||||||||
Import Air Freight |
100.000 | 239.2 | 210.9 | -35.2 | -5.2 | 6.2 | -0.8 | -11.8 |
Europe (Dec. 2003=100) |
23.814 | 187.3 | 193.7 | -27.1 | -2.7 | 1.5 | -13.8 | 3.4 |
Asia |
75.725 | 242.2 | 199.8 | -38.6 | -5.6 | 7.5 | 4.8 | -17.5 |
Export Air Freight |
100.000 | 176.1 | 185.7 | -10.8 | -3.8 | -2.7 | 0.6 | 5.5 |
Europe (Dec. 2006=100) |
25.860 | 141.3 | 153.6 | -7.1 | -4.8 | -0.3 | 2.7 | 8.7 |
Asia (Dec. 2011=100) |
53.181 | 138.9 | 145.5 | -12.4 | -4.3 | -3.2 | 2.1 | 4.8 |
Inbound Air Freight |
100.000 | 166.2 | 157.9 | -34.3 | -3.6 | 2.6 | -1.1 | -5.0 |
Europe (Dec. 2003=100) |
27.643 | 147.6 | 156.7 | -12.0 | -1.1 | 1.4 | -7.8 | 6.2 |
Asia |
61.096 | 155.5 | 138.3 | -44.3 | -3.2 | 2.2 | 3.2 | -11.1 |
Outbound Air Freight |
100.000 | 168.6 | 173.3 | -20.2 | -4.9 | 3.0 | -6.4 | 2.8 |
Europe (Dec. 2003=100) |
30.621 | 172.6 | 180.8 | -8.1 | -3.1 | -0.1 | 2.1 | 4.8 |
Asia |
51.855 | 175.4 | 178.8 | -26.3 | -7.1 | 5.9 | -12.3 | 1.9 |
Air Passenger Fares |
||||||||
Import Air Passenger Fares |
100.000 | 184.2 | 158.2 | -8.0 | 8.0 | 10.0 | -9.2 | -14.1 |
Europe |
47.228 | 215.3 | 175.7 | -1.1 | 14.5 | 11.6 | -11.0 | -18.4 |
Asia |
5.930 | 186.2 | 165.8 | -16.3 | 6.3 | 7.6 | -6.4 | -11.0 |
Latin America/Caribbean |
15.620 | 158.3 | 142.6 | -4.9 | -9.5 | 6.3 | -1.7 | -9.9 |
Export Air Passenger Fares |
100.000 | 206.3 | 188.1 | -6.4 | -5.5 | 9.3 | 4.2 | -8.8 |
Europe |
22.495 | 271.0 | 235.8 | 6.6 | 5.8 | 17.8 | 3.1 | -13.0 |
Asia |
11.852 | 223.2 | 223.6 | -6.1 | 3.7 | 6.7 | 3.9 | 0.2 |
Latin America/Caribbean |
52.413 | 201.7 | 182.2 | -8.8 | -13.0 | 7.6 | 4.3 | -9.7 |
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. 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.