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Economic News Release
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U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                                      USDL-24-2141
8:30 a.m. (ET) Wednesday, October 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 - SEPTEMBER 2024                              

Prices for U.S. imports declined 0.4 percent in September following a 0.2-percent decrease the previous 
month, the U.S. Bureau of Labor Statistics reported today. Lower fuel prices in September more than offset 
higher nonfuel prices. U.S. export prices fell 0.7 percent in September, after declining 0.9 percent in August.

Imports 

The price index for U.S. imports decreased 0.4 percent in September, the largest 1-month drop since a 0.7-
percent decline in December 2023. The September decrease followed a 0.2-percent decline in August and 
0.1-percent advances in July and June. U.S. import prices edged down 0.1 percent over the past year, the 
first 12-month drop since February 2024. (See table 1.)

Fuel Imports: Prices for import fuel fell 7.0 percent in September, after declining 2.9 percent in August. 
The September decline was the largest monthly decrease since an 8.0-percent drop in December 2023. 
Lower prices in September for petroleum and natural gas contributed to the overall decrease. Import fuel 
prices declined 17.3 percent over the past year, the largest 12-month drop since August 2023. Import 
petroleum prices decreased 7.1 percent in September, the largest 1-month decline since December 2023. 
The price index for import petroleum fell 16.7 percent for the year ended in September, the largest 12-
month drop since July 2023. Prices for import natural gas decreased 14.5 percent in September, the largest 
monthly decline since a 29.7-percent drop in March 2024. Import natural gas prices fell 57.4 percent over 
the past 12 months, the largest over-the-year drop since January 2024. 

All Imports Excluding Fuel: Nonfuel import prices ticked up 0.1 percent for the third consecutive month 
in September. Higher prices in September for nonfuel industrial supplies and materials, consumer goods, 
and automotive vehicles more than offset lower foods, feeds, and beverages prices. Prices for nonfuel 
imports have not recorded a monthly decline since May 2024. The price index for nonfuel imports rose 1.8 
percent over the past 12 months, the largest over-the-year advance since December 2022.            

Foods, Feeds, and Beverages: Prices for import foods, feeds, and beverages decreased 1.5 percent in 
September, the first 1-month decline since May 2024. In September, a 12.2-percent drop in vegetables 
prices drove the decrease in foods, feeds, and beverages prices.         

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 
rose 1.1 percent in September, the largest monthly advance since a 2.8-percent increase in April 2024. The 
September rise was led by higher prices for metals and chemicals.    

Finished Goods: Prices for the major finished goods import categories were mostly up in September. 
Consumer goods prices rose 0.2 percent, after edging down 0.1 percent in August and July. Higher prices 
for coins, gems, jewelry, and collectibles led the September advance. Prices for automotive vehicles 
increased 0.2 percent for the second consecutive month in September. Higher prices for non-engine parts 
and accessories in September drove the advance. The price index for capital goods was unchanged in 
September following a 0.2-percent increase in August.             

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

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

0.9 3.9 0.6 0.7 -0.4 0.8

May

-0.1 0.2 -0.2 -0.7 0.3 -0.8

June

0.1 -1.7 0.2 -0.3 1.1 (r)-0.4

July

0.1 (r)0.0 0.1 0.5 -2.0 0.8

August

(r)-0.2 (r)-2.9 (r)0.1 (r)-0.9 (r)-2.1 (r)-0.7

September

-0.4 -7.0 0.1 -0.7 0.6 -0.9

Sep. 2022 to 2023

-1.5 -7.1 -0.8 -4.3 -7.7 -4.1

Sep. 2023 to 2024

-0.1 -17.3 1.8 -2.1 -5.3 -1.8

Footnotes
(r) Revised

Exports 

Prices for U.S. exports fell 0.7 percent in September following a decline of 0.9 percent the previous month. 
U.S. export prices decreased 1.1 percent for the third quarter of 2024, the largest 3-month drop since 
December 2023. Lower prices for nonagricultural exports in September more than offset higher agricultural 
export prices. The price index for U.S. exports declined 2.1 percent over the past year, the largest 12-month 
decrease since January 2024. (See table 2.)

Agricultural Exports: Agricultural export prices advanced 0.6 percent in September, after declining 2.1 
percent in August. Higher prices for nuts, other food preparations, meat, wheat, and corn in September more 
than offset lower soybeans prices. In spite of the September rise, prices for agricultural exports declined 5.3 
percent from September 2023 to September 2024.              

All Exports Excluding Agriculture: The price index for nonagricultural exports decreased 0.9 percent in 
September, the largest monthly drop since the index fell 0.9 percent in October 2023. Lower prices for 
nonagricultural industrial supplies and materials and automotive vehicles in September more than offset 
higher prices for capital goods, consumer goods, and nonagricultural foods. Prices for nonagricultural 
exports declined 1.8 percent over the past year, the largest 12-month decrease since December 2023.            

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials fell 2.4 percent in September, the largest 1-month decline since the index decreased 5.0 percent in 
May 2023. A 6.7-percent drop in export fuel prices in September led the overall decline in nonagricultural 
industrial supplies and materials prices.  

Finished Goods: Prices for the major finished goods export categories were mixed in September. Capital 
goods prices rose 0.2 percent following a 0.2-percent decline in August. Higher prices for 
telecommunications equipment led the increase in September. Consumer goods prices advanced 0.3 percent 
in September, the largest 1-month increase since March 2024. Higher jewelry prices drove the September 
rise in consumer goods prices. In contrast, prices for automotive vehicles edged down 0.1 percent, the first 
1-month decline since April 2023.      

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 were unchanged in September following a 
revised 0.1-percent advance in August. The August increase was the first monthly advance since the index 
last rose on a monthly basis in October 2022. Prices for imports from China declined 1.0 percent for the 
year ended in September. In contrast, the price index for imports from Japan advanced 0.2 percent in 
September, after being unchanged the previous month. Import prices from Japan edged down 0.1 percent 
over the past 12 months. Prices for imports from Canada fell 1.6 percent in September, following a 1.7-
percent drop in August. The price index for imports from Canada declined 6.3 percent over the past year. 
Import prices from Mexico fell 1.1 percent in September and prices for imports from the European Union 
edged down 0.1 percent over the same period. (See table 7.)
	
Exports by Locality of Destination: Prices for exports to China decreased 0.4 percent in September, after 
declining 1.8 percent in August. Export prices to China fell 4.7 percent for the year ended in September, the 
largest 12-month decrease since February 2024. The price index for exports to Japan fell 0.2 percent in 
September, after decreasing 1.3 percent the previous month. Despite the recent declines, prices for exports 
to Japan increased 0.5 percent from September 2023 to September 2024. Export prices to Canada declined 
0.5 percent in September, the largest monthly drop since the index fell 0.5 percent in November 2023. The 
price index for exports to Mexico decreased 1.3 percent in September, the largest 1-month drop in the index 
since December 2023. Prices for exports to the European Union fell 1.6 percent for the second consecutive 
month in September. (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 decreased 
0.4 percent in September, after declining 1.9 percent the previous month. The index for U.S. terms of trade 
with China fell 3.7 percent over the past 12 months, the largest over-the-year drop since August 2023. U.S. 
terms of trade with Japan fell 0.4 percent in September following a 1.3-percent decline in August. Despite 
the recent decreases, U.S. terms of trade with Japan advanced 0.7 percent over the past year. In contrast, 
U.S. terms of trade with Canada rose 1.1 percent in September, after rising 1.3 percent the previous month. 
U.S. terms of trade with Mexico and the European Union decreased 0.2 percent and 1.7 percent, 
respectively, in September. (See table 9.)

Import and Export Services

Imports: The index for import air passenger fares rose 13.9 percent in September, the largest 1-month 
advance since the index increased 18.3 percent in June 2008. The September rise followed declines of 12.4 
percent in August and 11.3 percent in July. The advance in September was primarily driven by higher 
European fares. Import air passenger fares increased 0.7 percent for the year ended in September, the first 
12-month advance since April 2024. Import air freight prices rose 4.8 percent in September, after advancing 
2.3 percent the previous month. Prices for import air freight advanced 21.0 percent over the past 12 months, 
the largest over-the-year rise since a 27.0-percent increase for the year ended January 2022. (See table 10.)

Exports: Export air passenger fares declined 1.4 percent in September following an 8.1-percent drop in 
August. Lower Asian and Latin American/Caribbean fares in September more than offset higher European 
fares. Export air passenger fares fell 0.9 percent from September 2023 to September 2024. The price index 
for export air freight decreased 0.7 percent in September, after declining 1.8 percent the previous month. 
Lower Asian air freight prices in September drove the overall drop. Prices for export air freight fell 4.3 
percent over the past year.       
		
U.S. Import and Export Price Index data for October 2024 are scheduled for release on Friday, 
November 15, 2024, at 8:30 a.m. (ET).

Table 1. U.S. import price indexes and percent changes for End Use categories of goods: September 2023 to September 2024 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

All commodities

  100.000 141.4 140.8 -0.1 0.1 0.1 -0.2 -0.4

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

  84.364 109.0 109.3 1.7 0.2 0.0 0.0 0.3

All imports excluding petroleum

  92.109 124.9 125.1 1.6 0.2 0.1 0.0 0.2

All imports excluding fuels (Dec. 2001=100)

  91.743 129.1 129.2 1.8 0.2 0.1 0.1 0.1

Foods, feeds, & beverages

0

7.379 225.5 222.1 3.8 1.1 1.4 0.2 -1.5

Agricultural foods, feeds & beverages, excluding distilled beverages

00

6.045 255.0 249.8 4.8 1.3 1.8 0.1 -2.0

Nonagricultural foods (fish, distilled beverages)

01

1.334 154.0 155.3 -0.4 0.2 -0.1 0.7 0.8

Industrial supplies & materials

1

23.210 245.7 241.3 -4.3 -0.2 -0.1 -1.3 -1.8

Industrial supplies & materials excluding petroleum

  15.331 202.0 203.9 3.3 0.7 -0.2 -0.4 0.9

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

  14.941 228.3 230.7 4.4 0.6 -0.2 -0.4 1.1

Industrial supplies & materials, durable

  9.576 223.1 226.4 5.2 1.1 -0.1 -0.2 1.5

Industrial supplies & materials nondurable excluding petroleum

  5.744 177.2 177.3 0.3 0.1 -0.3 -0.8 0.1

Fuels & lubricants

10

8.257 283.9 264.1 -17.3 -1.7 0.0 -2.9 -7.0

Petroleum & petroleum products

100

7.891 310.5 288.3 -16.7 -2.0 0.0 -2.9 -7.1

Crude petroleum

10000

5.328 315.3 294.5 -18.3 -1.3 1.3 -4.8 -6.6

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

101

0.214 103.1 97.1 -39.1 7.6 -0.7 -2.6 -5.8

Natural gas

10110

0.115 67.0 57.3 -57.4 -3.3 2.1 -7.5 -14.5

Paper & paper base stocks

11

0.549 144.1 142.2 4.4 1.1 2.1 -0.3 -1.3

Materials associated with nondurable supplies & materials

12

4.828 197.4 198.4 3.0 -0.3 -0.6 -0.8 0.5

Unfinished metals related to durable goods

14

3.508 327.3 331.4 6.7 1.5 -0.1 -2.0 1.3

Finished metals related to durable goods

15

2.760 233.3 239.8 11.0 1.5 0.1 1.6 2.8

Capital goods

2

28.502 93.8 93.8 0.4 0.1 0.0 0.2 0.0

Nonelectrical machinery

21

22.563 84.5 84.5 0.2 0.2 0.0 0.2 0.0

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

22

1.636 157.4 157.7 3.1 -0.5 -0.9 0.1 0.2

Automotive vehicles, parts & engines

3

13.648 121.7 121.9 2.7 0.1 0.5 0.2 0.2

Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100)

30

13.648 102.2 102.3 - 0.2 0.4 0.2 0.1

Consumer goods, excluding automotives

4

27.260 110.5 110.7 0.8 -0.2 -0.1 -0.1 0.2

Nondurables, manufactured

40

13.733 128.2 128.2 2.6 0.1 -0.1 0.0 0.0

Durables, manufactured

41

12.622 94.6 94.7 -0.5 0.0 -0.1 0.1 0.1

Nonmanufactured consumer goods

42

0.905 115.6 117.7 -4.5 -5.3 -0.9 -2.0 1.8

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


Table 2. U.S. export price indexes and percent changes for End Use categories of goods: September 2023 to September 2024 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

All commodities

  100.000 147.9 146.8 -2.1 -0.3 0.5 -0.9 -0.7

Agricultural commodities

  9.179 219.9 221.3 -5.3 1.1 -2.0 -2.1 0.6

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

  76.062 116.2 116.5 2.3 0.0 0.2 -0.1 0.3

All exports excluding fuels (June 2022=100)

  84.536 100.3 100.6 1.8 0.1 0.0 -0.2 0.3

Nonagricultural commodities

  90.821 142.2 140.9 -1.8 -0.4 0.8 -0.7 -0.9

Foods, feeds, & beverages

0

8.475 223.8 225.9 -3.7 1.1 -1.7 -2.0 0.9

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.087 225.4 227.5 -4.0 1.2 -1.8 -2.1 0.9

Nonagricultural foods (fish, distilled beverages)

01

0.387 191.9 194.6 3.6 0.6 1.1 0.6 1.4

Industrial supplies & materials

1

38.007 197.2 192.5 -6.3 -1.0 1.7 -1.6 -2.4

Industrial supplies & materials excluding fuels (Dec. 2020=100)

  22.569 119.3 120.0 5.2 0.3 0.4 0.0 0.6

Industrial supplies & materials, durable

  11.419 221.9 223.9 7.4 0.6 -0.1 0.2 0.9

Industrial supplies & materials, nondurable

  26.589 185.4 178.4 -11.4 -1.6 2.4 -2.3 -3.8

Agricultural industrial supplies & materials

10

1.065 191.8 189.1 -14.3 0.3 -3.7 -2.4 -1.4

Nonagricultural industrial supplies & materials

  36.942 197.4 192.7 -6.0 -1.0 1.8 -1.6 -2.4

Fuels & lubricants

11

15.464 226.2 211.1 -19.9 -2.6 3.5 -3.9 -6.7

Nonagricultural supplies & materials excluding fuels & building materials

12

20.709 200.4 201.8 6.5 0.3 0.7 0.1 0.7

Selected building materials

13

0.769 152.3 152.2 2.8 0.0 1.0 0.6 -0.1

Capital goods

2

31.924 123.3 123.5 1.6 0.1 0.1 -0.2 0.2

Nonelectrical machinery

21

22.679 102.6 102.8 1.1 0.1 -0.1 -0.4 0.2

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

22

5.682 219.9 220.1 4.0 0.1 0.2 0.1 0.1

Automotive vehicles, parts & engines

3

8.770 129.5 129.4 2.9 0.0 0.3 0.1 -0.1

Vehicles-passenger (Dec. 2023=100)

30

8.770 101.8 101.8 - 0.0 0.3 0.0 0.0

Consumer goods, excluding automotives

4

12.824 117.7 118.0 -0.9 -0.3 -0.1 0.1 0.3

Nondurables, manufactured

40

6.819 107.9 108.1 -2.0 0.2 0.5 -0.1 0.2

Durables, manufactured

41

4.893 121.2 121.6 1.3 0.0 -0.7 0.1 0.3

Nonmanufactured consumer goods (Dec. 2018=100)

42

1.112 121.6 122.1 -4.0 -3.8 -0.2 0.6 0.4

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


Table 3. U.S. import price indexes and percent changes for NAICS industries: September 2023 to September 2024 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Nonmanufacturing

  8.119 151.8 143.1 -12.9 -0.6 2.2 -3.1 -5.7

Agriculture, forestry, fishing and hunting

11

2.279 244.3 234.6 4.0 1.0 4.2 0.4 -4.0

Crop production

111

1.903 257.2 243.7 3.5 1.5 4.9 0.1 -5.2

Animal production (Dec. 2022=100)

112

0.253 124.6 126.9 9.5 -3.9 4.0 2.3 1.8

Mining

21

5.841 142.0 132.9 -18.3 -1.2 1.5 -4.5 -6.4

Oil and gas extraction

211

5.574 139.7 130.3 -19.4 -1.4 1.5 -4.9 -6.7

Mining (except oil and gas) (Dec. 2022=100)

212

0.267 121.5 121.5 8.9 5.0 0.3 4.5 0.0

Manufacturing

  91.568 123.0 123.0 0.8 0.1 -0.2 0.1 0.0

Manufacturing, part 1

31

11.978 140.7 140.8 2.2 0.2 -0.6 0.0 0.1

Food manufacturing

311

4.447 195.8 196.4 6.6 0.5 -0.6 -0.3 0.3

Beverage and tobacco product manufacturing

312

1.172 142.6 143.2 1.3 -0.1 0.2 0.1 0.4

Textile mills (Dec. 2023=100)

313

0.326 103.0 102.7 - 0.2 0.5 0.1 -0.3

Textile product mills (Dec. 2023=100)

314

0.887 99.7 100.1 - 0.0 0.0 -0.4 0.4

Apparel manufacturing

315

3.498 118.9 118.9 0.3 -0.1 -0.2 0.3 0.0

Manufacturing, part 2

32

19.025 143.0 141.7 -1.7 -0.2 -0.7 0.2 -0.9

Paper manufacturing

322

1.020 124.3 121.9 1.2 0.6 1.2 -0.2 -1.9

Printing and related support activities (Dec. 2023=100)

323

0.147 100.7 100.7 - 0.7 0.0 0.0 0.0

Petroleum and coal products manufacturing

324

2.353 143.0 130.3 -15.4 -3.1 -3.4 1.6 -8.9

Chemical manufacturing

325

11.045 151.1 151.4 1.7 0.2 -0.4 0.0 0.2

Plastics and rubber products manufacturing

326

2.542 131.9 132.3 -0.8 0.1 0.1 0.2 0.3

Nonmetallic mineral product manufacturing

327

1.091 144.4 144.8 -0.2 -0.3 0.0 0.1 0.3

Manufacturing, part 3

33

60.565 113.5 113.9 1.4 0.2 0.2 0.0 0.4

Primary metal manufacturing

331

4.905 234.8 239.4 11.0 1.4 -0.2 -0.8 2.0

Fabricated metal product manufacturing

332

3.167 145.1 146.2 -0.7 0.4 -0.2 -0.1 0.8

Machinery manufacturing

333

7.965 132.3 132.4 0.3 0.0 0.1 0.2 0.1

Computer and electronic product manufacturing

334

16.452 72.3 72.4 -0.1 0.0 0.0 0.3 0.1

Electrical equipment, appliance, and component manufacturing

335

6.248 125.5 125.5 -1.6 -0.2 0.2 0.1 0.0

Transportation equipment manufacturing

336

14.056 120.6 120.8 2.6 0.1 0.4 0.1 0.2

Furniture and related product manufacturing

337

1.855 128.1 128.3 -0.7 0.2 -0.1 0.1 0.2

Miscellaneous manufacturing

339

5.918 130.5 130.7 2.3 0.5 0.2 -0.2 0.2

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


Table 4. U.S. export price indexes and percent changes for NAICS industries: September 2023 to September 2024 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Nonmanufacturing

  13.629 161.6 155.7 -14.0 -0.2 -0.9 -3.5 -3.7

Agriculture, forestry, fishing and hunting

11

4.163 169.7 170.9 -11.5 0.2 -3.8 -4.6 0.7

Crop production

111

3.869 177.5 179.3 -11.8 0.4 -4.1 -5.0 1.0

Mining

21

9.466 103.3 97.5 -15.4 -0.4 0.4 -2.9 -5.6

Oil and gas extraction (Dec. 2021=100)

211

8.181 91.4 85.8 -17.3 -0.3 0.7 -3.1 -6.1

Mining (except oil and gas)

212

1.285 130.4 127.6 -2.9 -1.2 -1.8 -2.0 -2.1

Manufacturing

  84.721 134.8 134.4 -0.4 -0.2 0.7 -0.5 -0.3

Manufacturing, part 1

31

6.450 170.3 171.1 -1.1 1.3 -0.5 -0.2 0.5

Food manufacturing

311

4.697 202.9 204.5 -0.2 2.0 -0.2 0.0 0.8

Beverage and tobacco product manufacturing

312

0.495 131.2 131.5 -6.7 -1.5 -0.5 -0.3 0.2

Manufacturing, part 2

32

25.682 133.7 131.4 -6.2 -1.4 2.6 -1.4 -1.7

Wood product manufacturing (Dec. 2017=100)

321

0.452 125.0 124.8 7.8 0.7 1.6 0.6 -0.2

Petroleum and coal products manufacturing

324

5.694 138.4 126.7 -26.3 -6.3 8.9 -6.2 -8.5

Chemical manufacturing

325

14.781 132.5 132.7 0.7 0.0 0.8 0.1 0.2

Plastics and rubber products manufacturing

326

2.264 135.1 135.3 0.6 0.0 0.0 0.3 0.1

Nonmetallic mineral product manufacturing

327

0.734 131.1 131.3 -1.0 -0.3 -0.1 -0.2 0.2

Manufacturing, part 3

33

52.588 131.8 132.3 2.7 0.1 0.0 -0.1 0.4

Primary metal manufacturing

331

4.819 218.4 222.8 12.5 1.7 -0.1 0.6 2.0

Machinery manufacturing

333

9.673 153.2 153.4 2.0 0.2 0.1 0.0 0.1

Computer and electronic product manufacturing

334

12.544 82.5 82.7 -0.5 -0.2 -0.2 -0.7 0.2

Transportation equipment manufacturing

336

13.524 150.4 150.4 3.5 0.1 0.2 0.1 0.0

Furniture and related product manufacturing (Dec. 2023=100)

337

0.357 102.3 102.3 - 0.0 0.0 0.0 0.0

Miscellaneous manufacturing

339

5.121 142.3 142.8 3.4 -0.4 0.0 0.1 0.4

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


Table 5. U.S. import price indexes and percent changes for Harmonized categories of goods: September 2023 to September 2024 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Live animals; animal products

I

1.510 244.3 245.8 5.0 -0.3 0.3 1.1 0.6

Meat and edible meat offal

02

0.452 363.0 362.2 11.6 -1.5 -0.4 3.4 -0.2

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.700 149.3 150.3 1.6 0.1 -0.8 1.0 0.7

Vegetable products

II

2.179 263.9 249.1 -2.1 0.1 4.4 0.7 -5.6

Edible vegetables, roots, and tubers

07

0.734 704.9 574.1 6.7 26.5 17.4 0.0 -18.6

Edible fruit and nuts; peel of citrus fruit or melons

08

0.673 109.1 107.5 -13.7 -15.6 -0.5 4.1 -1.5

Coffee, tea, mate and spices

09

0.421 318.2 324.9 10.4 5.7 0.8 -1.2 2.1

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

III

0.440 146.4 148.2 1.6 -0.4 -1.1 -2.0 1.2

Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100)

15

0.440 98.5 99.8 - -0.4 -1.2 -2.0 1.3

Prepared foodstuffs, beverages, and tobacco

IV

3.580 207.6 207.9 5.9 0.2 -0.5 -0.2 0.1

Sugars and sugar confectionary (Dec. 2021=100)

17

0.234 122.7 120.4 2.9 0.6 -5.8 1.2 -1.9

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.437 227.6 224.3 77.7 -1.1 -2.8 -1.7 -1.4

Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)

19

0.489 99.8 100.1 - 0.2 -0.4 0.1 0.3

Miscellaneous edible preparations (Dec. 2022=100)

21

0.388 92.4 92.5 -5.2 0.1 0.2 0.3 0.1

Beverages, spirits, and vinegar

22

1.111 155.6 156.2 0.8 -0.1 0.2 0.2 0.4

Mineral products

V

8.309 291.0 270.6 -17.4 -1.7 0.1 -2.8 -7.0

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

27

7.995 283.9 263.1 -18.1 -1.8 0.1 -3.1 -7.3

Products of the chemical or allied industries

VI

10.690 172.7 172.6 1.2 0.2 -0.5 0.0 -0.1

Organic chemicals

29

2.200 136.9 136.2 -4.8 0.2 -0.2 0.2 -0.5

Pharmaceutical products

30

5.599 156.0 156.0 5.9 0.2 -0.5 0.0 0.0

Fertilizers (Dec. 2022=100)

31

0.197 56.9 57.3 -8.5 -1.8 -2.7 -3.1 0.7

Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100)

32

0.194 101.0 100.9 -2.0 -0.6 -0.1 0.4 -0.1

Miscellaneous chemical products

38

0.877 112.3 113.0 -4.2 0.7 -0.5 0.4 0.6

Plastics and articles thereof; rubber and articles thereof

VII

3.761 154.7 155.9 0.5 0.3 -0.1 0.4 0.8

Plastics and articles thereof

39

2.493 150.8 152.3 -0.7 0.1 -0.6 0.4 1.0

Rubber and articles thereof

40

1.269 165.6 166.1 2.7 0.6 0.9 0.4 0.3

Printed matter (Dec. 2023=100)

49

0.168 100.1 100.1 - 0.3 0.0 0.0 0.0

Textile and textile articles

XI

4.519 120.7 120.8 0.3 0.0 -0.1 -0.1 0.1

Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100)

61

1.931 99.4 99.3 - -0.1 -0.2 0.0 -0.1

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.428 127.8 127.7 0.9 0.0 0.2 0.0 -0.1

Made-up or worn textile articles (Dec. 2023=100)

63

0.616 98.8 99.4 - 0.0 -0.1 -0.6 0.6

Headgear, umbrellas, artificial flowers, etc.

XII

1.451 127.3 126.9 0.1 0.1 0.3 0.4 -0.3

Footwear and parts of such articles

64

1.185 124.1 123.7 0.0 0.2 0.4 -0.1 -0.3

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

XIII

0.938 137.6 138.0 0.4 -0.4 0.0 0.0 0.3

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100)

68

0.324 100.7 101.3 -0.6 0.0 0.0 0.0 0.6

Glass and glassware (Dec. 2021=100)

70

0.342 110.5 111.0 2.8 -1.5 0.0 0.0 0.5

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

XIV

3.295 245.8 252.2 13.2 1.3 1.2 0.4 2.6

Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100)

71

3.295 109.2 112.1 - 1.2 1.2 0.4 2.7

Base metals and articles of base metals

XV

5.843 229.0 230.1 0.8 0.5 -0.6 -1.3 0.5

Articles of iron or steel

73

1.715 190.1 189.9 -3.7 -0.4 -0.3 -0.1 -0.1

Copper and articles thereof

74

0.532 408.4 411.4 11.7 0.4 -3.0 -7.2 0.7

Aluminum and articles thereof

76

1.135 200.1 203.6 9.1 4.3 -0.9 -0.6 1.7

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

82

0.405 130.6 131.6 -0.6 -0.7 0.0 0.0 0.8

Miscellaneous articles of base metal

83

0.510 142.3 142.6 -2.7 0.1 0.1 0.1 0.2

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

XVI

30.354 82.3 82.4 -0.1 0.0 0.0 0.1 0.1

Machinery and mechanical appliances; parts thereof

84

15.209 89.6 89.7 0.0 0.0 -0.2 0.1 0.1

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

85

15.145 75.5 75.6 -0.3 0.0 0.3 0.3 0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

11.851 124.8 125.0 2.3 0.1 0.5 0.0 0.2

Motor vehicles and their parts

87

11.074 123.9 124.0 2.1 0.1 0.6 0.0 0.1

Aircraft, spacecraft, and parts thereof (Dec. 2020=100)

88

0.637 110.9 111.1 3.6 0.8 0.1 0.1 0.2

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

XVIII

4.230 112.4 112.7 3.9 1.2 0.2 0.1 0.3

Optical, photographic, measuring and medical instruments

90

3.928 107.9 108.1 3.9 1.2 0.1 0.0 0.2

Miscellaneous manufactured articles

XX

4.540 120.1 120.2 -0.1 0.0 -0.2 -0.1 0.1

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

94

2.529 127.1 127.4 0.0 0.2 -0.2 0.0 0.2

Toys, games and sports equipment; parts and accessories thereof

95

1.699 106.2 106.3 -0.5 0.0 -0.5 -0.4 0.1

Miscellaneous manufactured articles

96

0.312 152.6 152.6 3.2 0.0 0.0 0.0 0.0

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


Table 6. U.S. export price indexes and percent changes for Harmonized categories of goods: September 2023 to September 2024 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Live animals; animal products

I

2.049 276.1 277.9 6.9 1.4 -0.4 0.3 0.7

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

02

1.333 240.9 242.3 9.9 2.3 -0.8 0.0 0.6

Vegetable products

II

3.792 221.0 223.3 -12.0 0.1 -3.4 -4.4 1.0

Edible fruit and nuts; peel of citrus fruit or melons

08

0.890 155.1 160.4 22.0 3.5 -2.4 1.4 3.4

Cereals

10

1.029 208.8 212.8 -16.7 -0.5 -8.0 -4.3 1.9

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

12

1.484 217.6 216.0 -23.3 -0.7 -1.3 -8.7 -0.7

Prepared foodstuffs, beverages, and tobacco

IV

2.900 181.9 183.2 -1.8 1.9 -0.3 -0.2 0.7

Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)

19

0.299 101.0 101.0 - 0.7 0.0 0.0 0.0

Miscellaneous edible preparations (Dec. 2017=100)

21

0.647 121.9 124.2 4.4 3.2 -2.7 1.0 1.9

Residues and waste from the food industries; prepared animal feed

23

0.587 244.1 245.7 -15.5 -1.2 1.3 -1.7 0.7

Mineral products

V

15.207 271.6 253.6 -19.8 -2.6 3.5 -4.2 -6.6

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

26

0.432 128.3 131.5 6.1 0.7 -0.8 -4.7 2.5

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

27

14.579 259.6 241.4 -20.7 -2.7 3.7 -4.2 -7.0

Products of the chemical or allied industries

VI

12.628 159.3 159.0 -1.0 -0.1 0.8 0.3 -0.2

Pharmaceutical products

30

4.503 104.7 105.1 -2.8 0.2 0.8 0.0 0.4

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.816 145.1 143.3 -3.4 -0.1 -0.8 -0.1 -1.2

Miscellaneous chemical products

38

2.359 194.2 194.2 0.8 0.1 0.0 0.1 0.0

Rubber and articles thereof

40

0.931 193.5 193.9 14.0 0.0 0.2 0.1 0.2

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

IX

0.488 112.9 112.7 5.3 0.1 1.8 1.0 -0.2

Wood and articles of wood; wood charcoal (Dec. 2023=100)

44

0.488 105.3 105.1 - 0.1 1.8 1.1 -0.2

Woodpulp and recovered paper (Dec. 2019=100)

47

0.585 175.3 175.9 31.4 0.3 0.0 1.2 0.3

Cotton, including yarns and woven fabrics thereof

52

0.529 139.3 139.9 -15.2 4.0 -7.8 -6.1 0.4

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

XIII

0.751 153.9 154.2 3.6 -0.3 0.4 0.2 0.2

Glass and glassware (Dec. 2019=100)

70

0.356 115.0 115.5 1.0 -0.2 0.4 -0.4 0.4

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

XIV

5.281 343.2 351.5 15.1 -0.3 0.0 1.7 2.4

Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100)

71

5.281 109.9 112.6 - -0.3 0.0 1.7 2.5

Base metals and articles of base metals

XV

4.493 211.0 209.6 -0.1 0.8 -0.5 -1.2 -0.7

Copper and articles thereof

74

0.618 278.4 278.8 6.3 1.0 -3.4 -7.3 0.1

Aluminum and articles thereof

76

0.811 156.4 152.4 9.1 2.4 -0.5 -0.8 -2.6

Miscellaneous articles of base metal (Dec. 2022=100)

83

0.363 106.4 106.3 3.2 0.0 0.8 -0.1 -0.1

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

XVI

26.616 108.3 108.5 1.7 0.0 0.1 -0.4 0.2

Machinery and mechanical appliances; parts thereof

84

15.837 134.0 134.1 2.5 0.1 0.1 0.1 0.1

Electrical machinery and equipment and parts and accessories thereof

85

10.779 81.7 81.9 0.4 -0.2 0.0 -1.1 0.2

Vehicles, aircraft, vessels and associated transport equipment

XVII

9.861 155.9 155.9 2.4 0.1 0.1 0.1 0.0

Motor vehicles and their parts

87

7.345 130.0 129.9 2.3 0.0 0.0 0.1 -0.1

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

XVIII

5.885 121.2 121.4 2.6 0.5 0.2 0.0 0.2

Optical, photographic, measuring and medical instruments (Dec. 2023=100)

90

5.828 101.9 102.1 - 0.4 0.2 -0.1 0.2

Miscellaneous manufactured articles

XX

1.170 136.0 135.4 0.4 0.1 -0.5 0.2 -0.4

Furniture; stuffed furnishings; lamps and lighting fittings nesoi

94

0.583 151.0 151.0 2.2 0.0 0.0 0.0 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.443 116.6 115.2 -2.3 -0.7 -1.3 0.2 -1.2

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


Table 7. U.S. import price indexes and percent changes by locality of origin: September 2023 to September 2024 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Industrialized Countries(2)

100.000 146.9 146.5 -0.3 -0.1 -0.1 -0.3 -0.3

Nonmanufacturing

10.593 249.5 235.7 -16.4 -1.0 1.5 -3.5 -5.5

Manufacturing

89.067 138.7 139.2 2.1 0.1 -0.3 0.1 0.4

Canada

100.000 171.5 168.8 -6.3 -0.2 0.6 -1.7 -1.6

Nonmanufacturing

31.433 242.4 228.3 -18.0 -0.9 1.3 -3.9 -5.8

Manufacturing

67.808 156.3 156.9 0.0 0.1 0.4 -0.6 0.4

European Union

100.000 158.7 158.6 1.8 0.1 -0.4 0.2 -0.1

Manufacturing

99.341 154.4 154.2 1.8 0.1 -0.4 0.2 -0.1

France (Dec. 2003=100)

100.000 158.2 158.2 4.5 0.0 -0.3 0.1 0.0

Germany (Dec. 2003=100)

100.000 125.4 125.4 1.1 0.2 0.1 0.4 0.0

United Kingdom (Dec. 2003=100)

100.000 139.1 138.1 0.4 0.4 -0.5 0.0 -0.7

Latin America(3)

100.000 175.2 173.5 1.0 0.3 0.6 -0.3 -1.0

Nonmanufacturing

13.590 339.7 320.4 -8.4 0.7 3.6 -1.6 -5.7

Manufacturing

86.183 141.4 141.1 2.7 0.3 0.1 -0.1 -0.2

Mexico (Dec. 2003=100)

100.000 149.2 147.6 0.6 0.2 0.9 -0.1 -1.1

Nonmanufacturing (Dec. 2008=100)

9.167 191.9 169.6 -9.5 0.8 8.8 -1.5 -11.6

Manufacturing (Dec. 2008=100)

90.611 101.2 101.2 1.8 0.1 0.2 0.1 0.0

Pacific Rim (Dec. 2003=100)(4)

100.000 102.1 102.4 -0.4 0.0 0.0 0.0 0.3

China (Dec. 2003=100)

100.000 100.5 100.5 -1.0 0.0 -0.1 0.1 0.0

Japan

100.000 101.1 101.3 -0.1 -0.1 0.1 0.0 0.2

Taiwan (Dec. 2018=100)

100.000 109.4 109.3 -0.2 -0.4 0.8 0.6 -0.1

Asian NICs(5)

100.000 94.7 95.3 -0.6 -0.1 0.5 -0.1 0.6

ASEAN (Dec. 2003=100)(6)

100.000 100.0 100.4 -0.8 -0.7 0.3 0.1 0.4

Asia Near East (Dec. 2003=100)(7)

100.000 216.6 203.5 -9.9 -3.5 2.4 -0.4 -6.0

Footnotes
(1) Relative importance figures are based on 2022 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(5) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(6) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(7) Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, and Yemen.

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


Table 8. U.S. export price indexes and percent changes by locality of destination: September 2023 to September 2024 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Industrialized Countries(2)

100.000 122.6 122.6 1.2 0.7 0.4 -0.7 0.0

Nonmanufacturing

14.406 138.7 135.3 -8.6 2.1 1.7 -4.3 -2.5

Manufacturing

84.048 120.8 121.2 2.5 0.5 0.2 0.0 0.3

Canada

100.000 128.6 128.0 -0.7 0.2 -0.1 -0.3 -0.5

Nonmanufacturing (Dec. 2020=100)

6.966 128.7 125.5 -10.0 0.4 -2.5 -3.4 -2.5

Manufacturing (Dec. 2020=100)

91.287 120.3 119.9 -0.4 0.2 0.1 -0.2 -0.3

European Union

100.000 121.4 119.4 -0.1 0.0 1.0 -1.6 -1.6

Nonmanufacturing

22.059 138.7 128.7 -17.0 -0.6 1.8 -5.5 -7.2

Manufacturing

76.339 118.2 118.2 4.0 0.2 0.9 -0.3 0.0

Germany

100.000 124.6 124.7 5.8 0.1 0.4 -0.3 0.1

Latin America(3)

100.000 122.6 120.3 -4.9 -1.0 1.7 -1.5 -1.9

Nonmanufacturing

6.852 129.1 127.5 -8.7 3.5 -2.8 -5.7 -1.2

Manufacturing

92.566 122.1 119.8 -4.8 -1.3 2.1 -1.3 -1.9

Mexico

100.000 123.4 121.8 -3.3 -0.2 0.7 -1.0 -1.3

Nonmanufacturing

5.469 104.7 106.2 -10.9 8.5 -5.6 -6.2 1.4

Manufacturing

93.645 125.6 123.6 -3.1 -0.7 1.2 -0.8 -1.6

Pacific Rim(4)

100.000 112.8 111.8 -1.8 0.4 -0.5 -1.5 -0.9

Nonmanufacturing

19.477 112.0 107.3 -13.8 0.6 -0.3 -6.2 -4.2

Manufacturing

79.302 114.6 114.5 1.4 0.4 -0.5 -0.2 -0.1

China

100.000 104.4 104.0 -4.7 -0.2 -0.8 -1.8 -0.4

Nonmanufacturing

22.868 94.9 92.6 -17.5 -0.6 -1.0 -6.8 -2.4

Manufacturing

75.541 109.9 110.1 -0.1 0.0 -0.7 0.0 0.2

Japan

100.000 111.0 110.8 0.5 1.5 -0.4 -1.3 -0.2

Nonmanufacturing

20.409 116.9 114.7 -2.9 2.9 -0.1 -5.8 -1.9

Manufacturing

78.366 109.5 109.8 1.3 1.2 -0.5 -0.1 0.3

Footnotes
(1) Relative importance figures are based on 2022 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

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


Table 9. U.S. terms of trade indexes and percent changes by locality: September 2023 to September 2024(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Industrialized Countries(2)

102.2 102.4 1.5 0.8 0.5 -0.4 0.2

Canada

98.5 99.6 6.0 0.5 -0.7 1.3 1.1

European Union

103.0 101.3 -1.8 -0.1 1.5 -1.8 -1.7

Germany

114.4 114.5 4.7 -0.1 0.3 -0.7 0.1

Latin America(3)

104.2 103.2 -5.8 -1.2 1.1 -1.1 -1.0

Mexico

106.7 106.5 -3.8 -0.4 -0.2 -0.9 -0.2

Pacific Rim(4)

108.7 107.4 -1.5 0.5 -0.5 -1.5 -1.2

China

104.0 103.6 -3.7 -0.2 -0.7 -1.9 -0.4

Japan

104.9 104.5 0.7 1.6 -0.5 -1.3 -0.4

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

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


Table 10. U.S. international price indexes and percent changes for selected transportation services: September 2023 to September 2024 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Aug.
2024(1)
Index Percent change
Aug.
2024
Sep.
2024
Annual Monthly
Sep.
2023
to
Sep.
2024
May
2024
to
Jun.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024

Air Freight

Import Air Freight

100.000 266.9 279.7 21.0 0.7 12.2 2.3 4.8

Europe (Dec. 2003=100)

18.671 153.5 150.1 -19.2 -6.2 6.2 -2.5 -2.2

Asia

80.451 296.6 314.4 35.6 2.7 14.4 3.8 6.0

Export Air Freight

100.000 173.2 172.0 -4.3 0.7 3.8 -1.8 -0.7

Europe (Dec. 2006=100)

27.104 128.2 128.2 -11.2 1.5 14.0 -10.3 0.0

Asia (Dec. 2011=100)

49.952 139.6 137.4 -3.8 0.1 -2.0 3.3 -1.6

Inbound Air Freight

100.000 179.1 186.1 11.5 1.9 5.4 -0.5 3.9

Europe (Dec. 2003=100)

23.789 131.1 127.2 -14.6 -6.6 5.7 -4.3 -3.0

Asia

65.196 186.3 197.6 25.8 3.3 6.2 3.3 6.1

Outbound Air Freight

100.000 170.1 167.3 -7.2 2.4 0.1 0.2 -1.6

Europe (Dec. 2003=100)

34.591 162.6 161.9 -6.7 1.1 9.4 -7.4 -0.4

Asia

44.820 186.7 181.1 -8.6 4.5 -7.7 8.0 -3.0

Air Passenger Fares

Import Air Passenger Fares

100.000 153.8 175.2 0.7 9.0 -11.3 -12.4 13.9

Europe

46.248 165.2 204.6 -1.1 7.7 -12.3 -15.9 23.8

Asia

12.634 151.0 154.0 -9.9 9.5 -11.8 -9.1 2.0

Latin America/Caribbean

10.437 135.6 132.7 -4.3 8.8 -1.0 -8.6 -2.1

Export Air Passenger Fares

100.000 180.6 178.0 -0.9 10.6 0.6 -8.1 -1.4

Europe

36.951 216.7 221.5 -6.8 15.5 -1.0 -13.4 2.2

Asia

12.797 198.8 173.0 -13.2 5.1 1.0 -0.9 -13.0

Latin America/Caribbean

31.181 174.4 171.7 -1.5 12.7 3.9 -6.1 -1.5

Footnotes
(1) Relative importance figures are based on 2022 trade values.

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


                                                TECHNICAL NOTE                                                

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

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

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

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Last Modified Date: October 16, 2024