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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-24-2306
8:30 a.m. (ET) Friday, November 15, 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 - OCTOBER 2024                               

U.S. import prices increased 0.3 percent in October following a 0.4-percent decline in September, the U.S. 
Bureau of Labor Statistics reported today. Higher nonfuel and fuel prices contributed to the October 
advance. The price index for U.S. exports rose 0.8 percent in October, after decreasing 0.6 percent the 
previous month.

Imports 

Prices for U.S. imports rose 0.3 percent in October, the largest 1-month advance since a 0.9-percent increase 
in April 2024. The advance in October followed declines of 0.4 percent in September and 0.3 percent in 
August. U.S. import prices increased 0.8 percent from October 2023 to October 2024. (See table 1.)

Fuel Imports: The price index for import fuel advanced 1.5 percent in October, after a 7.5-percent decrease 
in September. The rise in October was the largest monthly increase since a 3.9-percent advance in April 
2024. Higher prices for petroleum and natural gas in October contributed to the overall rise in import fuel 
prices. Despite the monthly increase, import fuel prices declined for the year ended in October, falling 13.6 
percent. Prices for import petroleum advanced 1.2 percent in October following a 10.8-percent decrease for 
the third quarter of 2024. Import petroleum prices fell 13.2 percent over the past 12 months. The price index 
for import natural gas rose 30.8 percent in October, the largest monthly advance since a 68.4-percent 
increase in December 2022. Despite the October rise, import natural gas prices fell 42.9 percent over the 
past year. 

All Imports Excluding Fuel: Nonfuel import prices increased 0.2 percent for the second consecutive 
month in October. Higher prices for nonfuel industrial supplies and materials, capital goods, consumer 
goods, and automotive vehicles in October more than offset lower foods, feeds, and beverages prices. The 
price index for nonfuel imports has not recorded a monthly decline since May 2024. Prices for nonfuel 
imports rose 2.3 percent over the past year, the largest 12-month increase since October 2022.            

Foods, Feeds, and Beverages: Import foods, feeds, and beverages prices fell 1.6 percent in October, the 
largest 1-month decline since November 2020. The October drop was led by a 13.3-percent decrease in 
prices for vegetables.

Nonfuel Industrial Supplies and Materials: Prices for nonfuel industrial supplies and materials advanced 1.3 
percent in October, the largest monthly increase since a 2.8-percent rise in April 2024. Higher unfinished 
and finished metals prices drove the advance in October.

Finished Goods: Prices for the major finished goods import categories increased in October. Capital goods 
prices ticked up 0.1 percent for the third consecutive month. Higher computer accessories, peripherals, and 
parts prices in October more than offset lower prices for telecommunications equipment and 
semiconductors. The price index for automotive vehicles advanced 0.1 percent in October, after increases of 
0.2 percent in September and August. The October rise was led by higher prices for non-engine parts and 
accessories. Prices for consumer goods advanced 0.1 percent for the second consecutive month in October.

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

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 -0.4

July

0.1 0.0 (r)0.2 0.5 -2.0 0.8

August

(r)-0.3 (r)-3.3 (r)0.0 (r)-0.7 (r)-2.0 (r)-0.6

September

-0.4 (r)-7.5 (r)0.2 (r)-0.6 (r)0.9 (r)-0.8

October

0.3 1.5 0.2 0.8 2.0 0.6

Oct. 2022 to 2023

-1.8 -8.8 -0.9 -4.7 -8.1 -4.4

Oct. 2023 to 2024

0.8 -13.6 2.3 -0.1 -1.9 0.0

Footnotes
(r) Revised

Exports 

Prices for U.S. exports increased 0.8 percent in October following a 0.6-percent decline the previous month. 
The October advance was the largest monthly rise since the index increased 1.2 percent in August 2023. 
Higher prices for nonagricultural and agricultural exports in October contributed to the monthly increase. 
Despite the October rise, U.S. export prices declined 0.1 percent over the past year. (See table 2.)

Agricultural Exports: Prices for agricultural exports advanced 2.0 percent in October, the largest monthly 
increase since the index rose 2.8 percent in November 2022. Price increases for corn, soybeans, meat, and 
fruit in October drove the advance in export agricultural prices. Despite the rise in October, the price index 
for agricultural exports declined 1.9 percent over the past year.              

All Exports Excluding Agriculture: Prices for nonagricultural exports increased 0.6 percent in October, 
after declines of 0.8 percent in September and 0.6 percent in August. Higher prices for nonagricultural 
industrial supplies and materials; capital goods; automotive vehicles; and nonagricultural foods in October 
more than offset lower consumer goods prices. The price index for nonagricultural exports was unchanged 
from October 2023 to October 2024.

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials prices 
rose 1.3 percent in October following a 2.0-percent decline the previous month. A 6.0-percent increase in 
export prices for nonmonetary gold led the October advance in nonagricultural industrial supplies and 
materials prices.

Finished Goods: Prices for the major finished goods export categories were mixed in October. Capital 
goods prices rose 0.2 percent in October, after being unchanged in September. Higher prices for industrial 
and service machinery, and computer accessories, peripherals, and parts drove the October advance. The 
price index for automotive vehicles increased 0.5 percent in October, the largest 1-month rise since April 
2024. Higher prices for passenger cars led the October advance in automotive vehicles prices. In contrast, 
prices for consumer goods declined 0.2 percent in October following increases of 0.3 percent in September 
and 0.1 percent in August. 

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 edged down 0.1 percent in October, after being 
unchanged the 2 previous months. Prices for imports from China have not increased on a monthly basis 
since rising 0.4 percent in October 2022. The price index for imports from China declined 1.1 percent for 
the 12 months ended in October. In contrast, import prices from Japan advanced 0.2 percent for the second 
consecutive month in October. Prices for imports from Japan ticked up 0.1 percent over the past year. The 
price index for imports from Canada increased 1.5 percent in October following a 1.3-percent drop in 
September. Despite the October advance, prices for imports from Canada declined 4.0 percent over the past 
12 months. Import prices from Mexico fell 1.1 percent in October and prices for imports from the European 
Union ticked up 0.1 percent over the same period. (See table 7.)
	
Exports by Locality of Destination: The price index for exports to China increased 1.8 percent in October, 
after declining 0.2 percent in September. Despite the monthly advance, prices for exports to China fell 1.4 
percent for the year ended in October. Export prices to Japan rose 1.7 percent in October following a 0.4-
percent decrease the previous month. Prices for exports to Japan advanced 1.9 percent over the past 12 
months. Export prices to Canada increased 1.0 percent in October, the largest 1-month rise since the index 
advanced 1.5 percent in May 2022. Prices for exports to Canada rose 0.7 percent from October 2023 to 
October 2024. Export prices to Mexico increased 1.2 percent in October, the largest monthly advance since 
April 2024. The price index for exports to the European Union rose 0.9 percent in October and increased 1.7 
percent over the past year. (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. The index for U.S. terms of trade with 
China advanced 1.9 percent in October following a 0.2-percent decline in September. Despite the monthly 
rise, U.S. terms of trade with China fell 0.3 percent over the past year. U.S. terms of trade with Japan 
increased 1.5 percent in October, after declines of 0.6 percent in September and 1.4 percent in August. The 
index for U.S. terms of trade with Japan advanced 1.7 percent from October 2023 to October 2024. In 
contrast, U.S. terms of trade with Canada declined 0.4 percent in October following a 0.9-percent rise the 
previous month. U.S. terms of trade with Mexico and the European Union advanced 2.4 percent and 0.8 
percent, respectively, in October. (See table 9.)

Import and Export Services

Imports: The index for import air passenger fares increased 3.9 percent in October, after rising 13.9 percent 
the previous month. The September advance was the largest 1-month increase since the index rose 18.3 
percent in June 2008. The increases in import air passenger fares in October and September followed 
declines of 12.4 percent in August and 11.3 percent in July. Import air passenger fares increased 2.1 percent 
over the past year, the largest 12-month advance since the index rose 5.9 percent from April 2023 to April 
2024. Prices for import air freight fell 4.8 percent in October following a 6.6-percent advance the previous 
month. Despite the decline in October, prices for import air freight increased 17.9 percent over the past 12 
months. (See table 10.)

Exports: Export air passenger fares advanced 0.7 percent in October following a 1.4-percent drop the 
previous month. Higher Latin American/Caribbean fares in October more than offset lower Asian and 
European fares. Export air passenger fares rose 0.3 percent over the past 12 months. Prices for export air 
freight increased 8.5 percent in October, after declining 1.2 percent in September. Higher prices for Asian 
air freight in October drove the overall advance. Export air freight prices rose 8.5 percent over the past year.       
		
U.S. Import and Export Price Index data for November 2024 are scheduled for release on Friday, 
December 13, 2024, at 8:30 a.m. (ET).


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

All commodities

  100.000 140.8 141.2 0.8 0.1 -0.3 -0.4 0.3

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

  84.973 109.3 109.7 2.2 0.0 0.0 0.3 0.4

All imports excluding petroleum

  92.721 125.2 125.5 2.2 0.2 0.0 0.2 0.2

All imports excluding fuels (Dec. 2001=100)

  92.366 129.4 129.6 2.3 0.2 0.0 0.2 0.2

Foods, feeds, & beverages

0

7.393 225.0 221.3 3.9 2.0 -0.5 -0.1 -1.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

6.042 253.8 248.5 4.5 2.5 -0.8 -0.3 -2.1

Nonagricultural foods (fish, distilled beverages)

01

1.350 155.3 156.1 1.8 -0.2 0.7 0.9 0.5

Industrial supplies & materials

1

22.815 240.5 243.8 -1.4 -0.1 -1.4 -2.0 1.4

Industrial supplies & materials excluding petroleum

  15.546 203.9 207.0 5.5 -0.2 -0.4 0.9 1.5

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

  15.169 230.8 233.9 6.5 -0.2 -0.3 1.1 1.3

Industrial supplies & materials, durable

  9.771 226.6 231.1 8.7 -0.1 -0.2 1.5 2.0

Industrial supplies & materials nondurable excluding petroleum

  5.766 177.1 178.3 0.6 -0.3 -0.8 -0.1 0.7

Fuels & lubricants

10

7.634 261.4 265.2 -13.6 0.0 -3.3 -7.5 1.5

Petroleum & petroleum products

100

7.279 285.2 288.5 -13.2 0.0 -3.3 -7.8 1.2

Crude petroleum

10000

4.926 290.2 301.6 -14.6 1.4 -5.4 -7.5 3.9

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

101

0.203 97.0 109.2 -30.3 -0.7 -3.9 -4.7 12.6

Natural gas

10110

0.099 57.2 74.8 -42.9 2.1 -9.5 -12.7 30.8

Paper & paper base stocks

11

0.543 142.0 142.5 2.7 2.0 -0.3 -1.4 0.4

Materials associated with nondurable supplies & materials

12

4.867 198.2 198.6 2.7 -0.5 -0.8 0.3 0.2

Unfinished metals related to durable goods

14

3.569 331.5 343.6 11.8 -0.1 -2.0 1.3 3.7

Finished metals related to durable goods

15

2.851 240.0 245.1 15.4 0.1 1.6 2.8 2.1

Capital goods

2

28.641 93.8 93.9 0.8 0.0 0.1 0.1 0.1

Nonelectrical machinery

21

22.683 84.5 84.6 0.5 0.0 0.2 0.0 0.1

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

22

1.644 157.5 157.9 3.3 -0.9 0.1 0.1 0.3

Automotive vehicles, parts & engines

3

13.729 121.9 122.0 2.3 0.5 0.2 0.2 0.1

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

30

13.729 102.3 102.5 - 0.4 0.2 0.1 0.2

Consumer goods, excluding automotives

4

27.422 110.7 110.8 1.2 -0.1 0.0 0.1 0.1

Nondurables, manufactured

40

13.786 128.2 128.2 2.5 -0.1 0.0 0.0 0.0

Durables, manufactured

41

12.705 94.8 95.0 0.3 0.0 0.0 0.2 0.2

Nonmanufactured consumer goods

42

0.931 118.4 119.0 -3.3 -0.7 -1.8 1.9 0.5

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


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

All commodities

  100.000 147.2 148.4 -0.1 0.5 -0.7 -0.6 0.8

Agricultural commodities

  9.325 222.4 226.9 -1.9 -2.0 -2.0 0.9 2.0

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

  76.644 116.6 117.3 3.2 0.3 -0.1 0.3 0.6

All exports excluding fuels (June 2022=100)

  85.263 100.6 101.3 2.7 0.0 -0.2 0.3 0.7

Nonagricultural commodities

  90.675 141.3 142.2 0.0 0.8 -0.6 -0.8 0.6

Foods, feeds, & beverages

0

8.619 226.6 231.2 -0.5 -1.6 -1.8 1.1 2.0

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.219 228.1 232.7 -0.9 -1.8 -2.0 1.1 2.0

Nonagricultural foods (fish, distilled beverages)

01

0.400 197.2 200.7 8.1 1.9 1.3 1.3 1.8

Industrial supplies & materials

1

37.545 193.9 196.5 -2.3 1.7 -1.4 -1.9 1.3

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

  22.835 120.2 122.0 7.2 0.5 0.2 0.5 1.5

Industrial supplies & materials, durable

  11.574 223.9 230.1 11.6 -0.1 0.2 0.9 2.8

Industrial supplies & materials, nondurable

  25.971 180.3 181.6 -7.5 2.4 -2.0 -3.1 0.7

Agricultural industrial supplies & materials

10

1.080 193.5 197.2 -9.7 -3.0 -1.8 -0.5 1.9

Nonagricultural industrial supplies & materials

  36.466 194.0 196.6 -1.9 1.8 -1.3 -2.0 1.3

Fuels & lubricants

11

14.737 214.6 216.9 -14.1 3.5 -3.5 -5.5 1.1

Nonagricultural supplies & materials excluding fuels & building materials

12

20.957 201.9 205.1 8.6 0.7 0.2 0.6 1.6

Selected building materials

13

0.772 152.2 152.4 1.7 1.0 0.7 -0.1 0.1

Capital goods

2

32.101 123.4 123.7 1.8 0.1 -0.2 0.0 0.2

Nonelectrical machinery

21

22.804 102.7 103.0 1.2 -0.1 -0.3 0.0 0.3

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

22

5.719 220.3 220.3 4.0 0.4 0.1 0.0 0.0

Automotive vehicles, parts & engines

3

8.814 129.5 130.2 3.3 0.3 0.1 0.0 0.5

Vehicles-passenger (Dec. 2023=100)

30

8.814 101.9 102.5 - 0.3 0.1 0.0 0.6

Consumer goods, excluding automotives

4

12.921 118.1 117.9 -0.7 0.0 0.1 0.3 -0.2

Nondurables, manufactured

40

6.859 108.1 108.1 -1.8 0.5 -0.1 0.2 0.0

Durables, manufactured

41

4.940 121.8 121.3 1.7 -0.6 0.1 0.4 -0.4

Nonmanufactured consumer goods (Dec. 2018=100)

42

1.122 122.1 122.1 -4.0 -0.2 0.6 0.4 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 3. U.S. import price indexes and percent changes for NAICS industries: October 2023 to October 2024 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Sep.
2024(1)
Index Percent change
Sep.
2024
Oct.
2024
Annual Monthly
Oct.
2023
to
Oct.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024
Sep.
2024
to
Oct.
2024

Nonmanufacturing

  7.705 143.4 146.4 -9.3 2.5 -3.8 -5.2 2.1

Agriculture, forestry, fishing and hunting

11

2.287 244.1 236.6 6.3 5.3 -0.5 -0.2 -3.1

Crop production

111

1.902 255.9 244.5 5.0 6.2 -1.1 -0.6 -4.5

Animal production (Dec. 2022=100)

112

0.259 126.9 129.1 14.9 4.0 2.3 1.8 1.7

Mining

21

5.418 131.2 136.7 -14.5 1.5 -5.0 -7.1 4.2

Oil and gas extraction

211

5.151 128.5 134.1 -15.4 1.5 -5.4 -7.5 4.4

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

212

0.268 121.4 123.5 8.3 0.3 4.4 0.0 1.7

Manufacturing

  91.983 123.0 123.2 1.5 -0.2 0.0 0.1 0.2

Manufacturing, part 1

31

11.993 140.2 140.1 1.7 -0.6 -0.4 0.0 -0.1

Food manufacturing

311

4.429 194.1 193.6 4.9 -0.6 -1.3 0.1 -0.3

Beverage and tobacco product manufacturing

312

1.183 143.3 143.5 1.8 0.2 0.2 0.4 0.1

Textile mills (Dec. 2023=100)

313

0.326 102.6 102.6 - 0.5 0.1 -0.4 0.0

Textile product mills (Dec. 2023=100)

314

0.891 99.7 99.8 - 0.0 -0.4 0.0 0.1

Apparel manufacturing

315

3.513 118.9 118.7 0.0 -0.2 0.3 0.0 -0.2

Manufacturing, part 2

32

18.960 141.9 141.0 -0.8 -0.6 0.2 -0.8 -0.6

Paper manufacturing

322

1.004 121.8 122.1 0.2 1.2 -0.3 -1.9 0.2

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

323

0.148 100.7 100.7 - 0.0 0.0 0.0 0.0

Petroleum and coal products manufacturing

324

2.147 129.9 123.9 -11.9 -3.6 1.6 -9.0 -4.6

Chemical manufacturing

325

11.143 151.8 151.6 1.5 -0.3 0.1 0.3 -0.1

Plastics and rubber products manufacturing

326

2.563 132.4 132.2 0.3 0.2 0.2 0.3 -0.2

Nonmetallic mineral product manufacturing

327

1.098 144.8 144.7 0.1 0.0 0.1 0.3 -0.1

Manufacturing, part 3

33

61.030 113.9 114.4 2.1 0.2 0.0 0.4 0.4

Primary metal manufacturing

331

5.024 239.4 248.6 17.0 -0.2 -0.7 1.9 3.8

Fabricated metal product manufacturing

332

3.207 146.3 146.3 -0.3 -0.1 -0.1 0.8 0.0

Machinery manufacturing

333

8.008 132.4 132.5 0.7 0.1 0.2 0.1 0.1

Computer and electronic product manufacturing

334

16.552 72.4 72.5 0.4 0.1 0.1 0.1 0.1

Electrical equipment, appliance, and component manufacturing

335

6.263 125.2 124.9 -1.7 0.2 -0.1 -0.1 -0.2

Transportation equipment manufacturing

336

14.139 120.7 121.0 2.5 0.4 0.1 0.1 0.2

Furniture and related product manufacturing

337

1.869 128.4 128.2 -0.7 -0.1 0.1 0.2 -0.2

Miscellaneous manufacturing

339

5.968 131.0 131.6 3.0 0.5 -0.2 0.2 0.5

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


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

Nonmanufacturing

  13.439 158.6 160.1 -9.5 -0.9 -3.0 -2.3 0.9

Agriculture, forestry, fishing and hunting

11

4.220 171.2 176.9 -6.6 -3.8 -4.6 0.9 3.3

Crop production

111

3.933 179.6 185.8 -7.0 -4.1 -5.0 1.1 3.5

Mining

21

9.219 100.1 99.9 -11.1 0.5 -2.4 -3.7 -0.2

Oil and gas extraction (Dec. 2021=100)

211

7.926 88.1 88.0 -12.4 0.7 -2.4 -4.2 -0.1

Mining (except oil and gas)

212

1.293 130.6 130.1 -2.0 -1.5 -2.0 -0.2 -0.4

Manufacturing

  84.926 134.5 135.5 1.0 0.7 -0.4 -0.3 0.7

Manufacturing, part 1

31

6.528 171.6 172.6 0.1 -0.4 0.0 0.5 0.6

Food manufacturing

311

4.774 205.2 206.8 1.4 -0.2 0.3 0.8 0.8

Beverage and tobacco product manufacturing

312

0.499 131.5 132.4 -6.1 -0.5 -0.3 0.2 0.7

Manufacturing, part 2

32

25.398 131.6 132.7 -3.8 2.6 -1.2 -1.8 0.8

Wood product manufacturing (Dec. 2017=100)

321

0.453 124.8 125.3 7.7 1.6 0.6 -0.2 0.4

Petroleum and coal products manufacturing

324

5.239 126.7 131.7 -18.3 8.9 -6.2 -8.5 3.9

Chemical manufacturing

325

14.919 133.2 133.0 0.8 0.9 0.3 0.2 -0.2

Plastics and rubber products manufacturing

326

2.280 135.4 135.6 1.0 0.0 0.3 0.2 0.1

Nonmetallic mineral product manufacturing

327

0.739 131.4 131.3 -1.2 -0.1 -0.2 0.2 -0.1

Manufacturing, part 3

33

53.001 132.2 133.1 3.5 0.1 -0.1 0.2 0.7

Primary metal manufacturing

331

4.947 223.1 233.7 22.2 -0.1 0.6 2.1 4.8

Machinery manufacturing

333

9.722 153.3 153.9 2.3 0.1 0.0 0.1 0.4

Computer and electronic product manufacturing

334

12.646 82.7 82.8 -0.4 -0.2 -0.6 0.1 0.1

Transportation equipment manufacturing

336

13.602 150.5 151.1 3.7 0.3 0.1 0.0 0.4

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

337

0.361 103.0 103.3 - 0.0 0.4 0.3 0.3

Miscellaneous manufacturing

339

5.135 142.0 142.3 3.0 0.0 0.2 -0.3 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 5. U.S. import price indexes and percent changes for Harmonized categories of goods: October 2023 to October 2024 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Sep.
2024(1)
Index Percent change
Sep.
2024
Oct.
2024
Annual Monthly
Oct.
2023
to
Oct.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024
Sep.
2024
to
Oct.
2024

Live animals; animal products

I

1.519 244.6 245.0 6.8 0.2 0.5 0.7 0.2

Meat and edible meat offal

02

0.445 355.1 348.7 8.2 -0.4 1.5 -0.4 -1.8

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.710 150.7 152.4 5.7 -0.9 1.1 1.0 1.1

Vegetable products

II

2.149 259.0 250.4 -1.3 6.5 -1.2 -1.9 -3.3

Edible vegetables, roots, and tubers

07

0.609 588.8 504.9 -3.8 12.2 -5.7 -7.3 -14.2

Edible fruit and nuts; peel of citrus fruit or melons

08

0.749 122.1 120.8 -4.7 11.4 6.7 -2.5 -1.1

Coffee, tea, mate and spices

09

0.427 324.8 342.9 18.5 0.8 -1.2 2.1 5.6

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

III

0.452 149.5 142.0 -3.9 -1.1 -1.3 1.4 -5.0

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

15

0.452 100.6 95.6 - -1.2 -1.2 1.3 -5.0

Prepared foodstuffs, beverages, and tobacco

IV

3.579 206.6 206.7 5.1 -0.4 -0.5 -0.3 0.0

Sugars and sugar confectionary (Dec. 2021=100)

17

0.231 120.4 119.5 -0.7 -5.8 1.2 -1.9 -0.7

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.405 210.0 209.3 64.4 -2.6 -4.7 -5.0 -0.3

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

19

0.493 100.1 101.0 - -0.4 0.1 0.3 0.9

Miscellaneous edible preparations (Dec. 2022=100)

21

0.396 94.0 94.5 -4.4 0.9 0.8 0.6 0.5

Beverages, spirits, and vinegar

22

1.122 156.4 156.6 1.4 0.2 0.3 0.4 0.1

Mineral products

V

7.682 267.8 272.8 -13.2 0.1 -3.2 -7.6 1.9

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

27

7.363 260.2 265.3 -13.7 0.1 -3.5 -7.9 2.0

Products of the chemical or allied industries

VI

10.766 173.1 172.6 1.0 -0.3 0.0 0.1 -0.3

Organic chemicals

29

2.219 136.9 135.3 -6.0 -0.1 0.2 -0.1 -1.2

Pharmaceutical products

30

5.649 156.0 156.0 6.0 -0.5 0.0 0.0 0.0

Fertilizers (Dec. 2022=100)

31

0.200 57.3 56.7 -10.7 -2.7 -3.1 0.7 -1.0

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

32

0.196 100.9 101.0 -1.1 -0.1 0.4 -0.1 0.1

Miscellaneous chemical products

38

0.894 113.5 112.1 -5.0 -0.2 0.5 0.6 -1.2

Plastics and articles thereof; rubber and articles thereof

VII

3.813 156.1 156.4 1.3 -0.1 0.5 0.8 0.2

Plastics and articles thereof

39

2.534 152.7 152.8 0.6 -0.6 0.5 1.1 0.1

Rubber and articles thereof

40

1.279 166.1 166.5 2.6 0.9 0.4 0.3 0.2

Printed matter (Dec. 2023=100)

49

0.169 100.1 100.1 - 0.0 0.0 0.0 0.0

Textile and textile articles

XI

4.539 120.7 120.7 0.3 -0.1 -0.1 0.0 0.0

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

61

1.940 99.4 99.1 - -0.2 0.0 0.0 -0.3

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.434 127.7 128.0 1.1 0.2 0.0 -0.1 0.2

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

63

0.618 98.8 98.5 - -0.1 -0.6 0.0 -0.3

Headgear, umbrellas, artificial flowers, etc.

XII

1.453 126.9 126.5 -0.4 0.3 0.4 -0.3 -0.3

Footwear and parts of such articles

64

1.185 123.6 123.5 -0.3 0.4 -0.1 -0.4 -0.1

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

XIII

0.944 137.8 137.8 0.5 -0.1 0.0 0.2 0.0

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

68

0.328 101.3 101.4 -0.3 0.0 0.0 0.6 0.1

Glass and glassware (Dec. 2021=100)

70

0.345 110.7 110.9 3.0 -0.2 0.0 0.4 0.2

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

XIV

3.412 253.3 263.4 21.2 1.5 0.4 2.6 4.0

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

71

3.412 112.5 117.0 - 1.6 0.4 2.6 4.0

Base metals and articles of base metals

XV

5.903 230.3 233.8 2.9 -0.6 -1.2 0.5 1.5

Articles of iron or steel

73

1.722 190.0 189.7 -3.1 -0.3 0.0 -0.2 -0.2

Copper and articles thereof

74

0.538 411.4 455.4 26.6 -3.0 -7.2 0.7 10.7

Aluminum and articles thereof

76

1.160 203.5 206.7 10.9 -0.9 -0.6 1.7 1.6

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

82

0.410 131.7 131.9 -0.2 0.0 0.1 0.8 0.2

Miscellaneous articles of base metal

83

0.513 142.6 142.3 -1.5 0.1 0.1 0.2 -0.2

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

XVI

30.512 82.4 82.5 0.2 -0.1 0.2 0.1 0.1

Machinery and mechanical appliances; parts thereof

84

15.299 89.7 90.0 0.6 -0.2 0.1 0.1 0.3

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

85

15.213 75.5 75.5 0.0 0.3 0.1 0.1 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

11.919 124.9 124.9 1.8 0.5 0.0 0.1 0.0

Motor vehicles and their parts

87

11.136 124.0 124.0 1.8 0.6 0.0 0.1 0.0

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

88

0.642 111.1 111.2 3.7 0.1 0.1 0.2 0.1

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

XVIII

4.269 112.9 113.1 4.3 0.2 0.2 0.4 0.2

Optical, photographic, measuring and medical instruments

90

3.958 108.3 108.4 4.3 0.1 0.2 0.2 0.1

Miscellaneous manufactured articles

XX

4.569 120.3 120.2 0.1 -0.2 -0.1 0.2 -0.1

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

94

2.547 127.4 127.1 -0.2 -0.2 0.0 0.2 -0.2

Toys, games and sports equipment; parts and accessories thereof

95

1.709 106.3 106.4 -0.1 -0.5 -0.4 0.1 0.1

Miscellaneous manufactured articles

96

0.314 152.6 153.4 3.9 0.0 0.0 0.0 0.5

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


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

Live animals; animal products

I

2.077 278.6 286.5 9.2 -0.3 0.4 0.7 2.8

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

02

1.348 242.3 246.1 9.8 -0.8 0.0 0.6 1.6

Vegetable products

II

3.859 223.8 231.2 -6.9 -3.4 -4.4 1.2 3.3

Edible fruit and nuts; peel of citrus fruit or melons

08

0.933 161.8 163.9 22.7 -2.4 1.5 4.3 1.3

Cereals

10

1.054 212.8 227.4 -11.8 -8.0 -4.3 1.9 6.9

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

12

1.480 216.0 222.4 -15.6 -1.3 -8.7 -0.7 3.0

Prepared foodstuffs, beverages, and tobacco

IV

2.943 183.7 182.8 -1.5 -0.2 -0.1 0.8 -0.5

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

19

0.301 101.0 101.0 - 0.0 0.0 0.0 0.0

Miscellaneous edible preparations (Dec. 2017=100)

21

0.660 123.8 123.3 4.7 -2.7 1.0 1.6 -0.4

Residues and waste from the food industries; prepared animal feed

23

0.601 248.9 242.1 -16.6 1.3 -0.9 1.1 -2.7

Mineral products

V

14.508 257.9 261.1 -13.9 3.5 -3.9 -5.4 1.2

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

26

0.451 133.2 136.8 9.8 -0.8 -4.7 3.8 2.7

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

27

13.860 245.6 248.6 -14.7 3.7 -3.9 -5.8 1.2

Products of the chemical or allied industries

VI

12.720 159.7 159.6 -0.4 0.9 0.4 0.1 -0.1

Pharmaceutical products

30

4.455 105.1 105.2 -2.3 0.8 0.0 0.4 0.1

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.823 148.3 148.2 -0.1 0.3 0.9 0.1 -0.1

Miscellaneous chemical products

38

2.327 194.2 193.9 0.7 0.0 0.1 0.0 -0.2

Rubber and articles thereof

40

0.939 194.1 194.2 12.2 0.2 0.2 0.3 0.1

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

IX

0.490 112.7 113.0 6.4 1.8 1.0 -0.2 0.3

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

44

0.490 105.1 105.4 - 1.8 1.1 -0.2 0.3

Woodpulp and recovered paper (Dec. 2019=100)

47

0.592 176.5 176.8 18.0 0.4 1.3 0.2 0.2

Cotton, including yarns and woven fabrics thereof

52

0.534 139.9 141.6 -13.3 -7.8 -6.1 0.4 1.2

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

XIII

0.756 154.2 154.2 1.5 0.4 0.2 0.2 0.0

Glass and glassware (Dec. 2019=100)

70

0.359 115.5 115.5 0.8 0.4 -0.4 0.4 0.0

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

XIV

5.440 351.9 368.0 24.1 0.1 1.7 2.4 4.6

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

71

5.440 112.7 117.9 - 0.1 1.7 2.5 4.6

Base metals and articles of base metals

XV

4.483 209.5 213.9 2.9 -0.5 -1.2 -0.8 2.1

Copper and articles thereof

74

0.584 279.5 308.2 22.7 -3.4 -7.3 0.4 10.3

Aluminum and articles thereof

76

0.744 152.4 156.8 9.3 -0.5 -0.8 -2.6 2.9

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

83

0.341 106.3 106.3 1.4 0.8 -0.1 -0.1 0.0

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

XVI

26.813 108.6 108.7 2.0 0.1 -0.3 0.2 0.1

Machinery and mechanical appliances; parts thereof

84

15.918 134.0 134.4 2.6 0.1 0.1 0.0 0.3

Electrical machinery and equipment and parts and accessories thereof

85

10.895 82.2 82.0 0.9 0.1 -1.0 0.4 -0.2

Vehicles, aircraft, vessels and associated transport equipment

XVII

9.921 156.1 157.1 2.9 0.2 0.1 0.1 0.6

Motor vehicles and their parts

87

7.385 130.0 131.1 2.9 0.0 0.1 0.0 0.8

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

XVIII

5.858 120.1 120.1 1.4 0.2 -0.1 -0.8 0.0

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

90

5.802 101.0 101.0 - 0.1 -0.1 -0.8 0.0

Miscellaneous manufactured articles

XX

1.175 135.9 136.1 0.8 -0.5 0.4 -0.3 0.1

Furniture; stuffed furnishings; lamps and lighting fittings nesoi

94

0.591 152.2 152.5 3.2 0.0 0.4 0.4 0.2

Toys, games and sports equipment; parts and accessories thereof

95

0.439 115.1 115.1 -2.5 -1.3 0.2 -1.3 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 7. U.S. import price indexes and percent changes by locality of origin: October 2023 to October 2024 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Sep.
2024(1)
Index Percent change
Sep.
2024
Oct.
2024
Annual Monthly
Oct.
2023
to
Oct.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024
Sep.
2024
to
Oct.
2024

Industrialized Countries(2)

100.000 146.4 147.5 1.0 0.0 -0.5 -0.2 0.8

Nonmanufacturing

9.933 233.0 242.5 -11.3 1.5 -5.4 -4.7 4.1

Manufacturing

89.728 139.2 139.7 2.8 -0.2 0.1 0.3 0.4

Canada

100.000 168.1 170.6 -4.0 0.6 -2.3 -1.3 1.5

Nonmanufacturing

29.835 225.6 235.3 -12.7 1.4 -5.9 -5.0 4.3

Manufacturing

69.397 156.8 157.1 0.5 0.4 -0.6 0.4 0.2

European Union

100.000 159.0 159.1 2.4 -0.3 0.3 0.0 0.1

Manufacturing

99.345 154.6 154.7 2.5 -0.4 0.3 0.0 0.1

France (Dec. 2003=100)

100.000 158.3 158.8 5.7 -0.1 0.1 -0.1 0.3

Germany (Dec. 2003=100)

100.000 125.4 125.7 2.1 0.1 0.4 0.0 0.2

United Kingdom (Dec. 2003=100)

100.000 137.9 137.8 0.6 -0.5 0.1 -0.9 -0.1

Latin America(3)

100.000 174.5 174.2 2.2 0.6 -0.2 -0.5 -0.2

Nonmanufacturing

13.522 336.7 321.8 -7.0 3.6 -0.6 -1.8 -4.4

Manufacturing

86.261 141.0 141.6 3.8 0.1 -0.1 -0.3 0.4

Mexico (Dec. 2003=100)

100.000 149.9 148.3 2.3 1.1 0.3 -0.1 -1.1

Nonmanufacturing (Dec. 2008=100)

9.550 200.7 170.1 -5.6 10.3 2.2 -0.5 -15.2

Manufacturing (Dec. 2008=100)

90.240 101.2 101.6 3.1 0.2 0.1 0.0 0.4

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

100.000 102.4 102.6 0.0 0.0 0.1 0.2 0.2

China (Dec. 2003=100)

100.000 100.4 100.3 -1.1 -0.1 0.0 0.0 -0.1

Japan

100.000 101.4 101.6 0.1 0.1 0.1 0.2 0.2

Taiwan (Dec. 2018=100)

100.000 109.4 109.4 0.1 0.7 0.8 -0.1 0.0

Asian NICs(5)

100.000 95.3 95.5 -0.1 0.5 0.0 0.5 0.2

ASEAN (Dec. 2003=100)(6)

100.000 100.4 100.5 -0.7 0.3 0.2 0.3 0.1

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

100.000 202.3 210.0 -6.2 2.4 -0.4 -6.6 3.8

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: October 2023 to October 2024 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Sep.
2024(1)
Index Percent change
Sep.
2024
Oct.
2024
Annual Monthly
Oct.
2023
to
Oct.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024
Sep.
2024
to
Oct.
2024

Industrialized Countries(2)

100.000 122.3 123.6 2.8 0.5 -0.6 -0.5 1.1

Nonmanufacturing

13.672 131.2 135.4 -6.9 1.7 -3.9 -5.8 3.2

Manufacturing

84.743 121.4 122.2 3.9 0.3 0.0 0.3 0.7

Canada

100.000 128.1 129.4 0.7 -0.1 -0.3 -0.4 1.0

Nonmanufacturing (Dec. 2020=100)

6.882 126.7 133.1 -4.5 -2.5 -2.8 -2.2 5.1

Manufacturing (Dec. 2020=100)

91.295 119.9 120.7 0.5 0.1 -0.2 -0.3 0.7

European Union

100.000 119.5 120.6 1.7 1.1 -1.5 -1.7 0.9

Nonmanufacturing

21.028 130.1 133.9 -9.5 1.8 -4.8 -6.9 2.9

Manufacturing

77.369 117.9 118.1 3.9 0.9 -0.4 -0.3 0.2

Germany

100.000 124.6 125.5 7.5 0.4 -0.3 0.0 0.7

Latin America(3)

100.000 120.5 121.9 -2.5 1.7 -1.5 -1.7 1.2

Nonmanufacturing

6.911 127.9 136.1 -5.4 -2.9 -5.5 -1.1 6.4

Manufacturing

92.489 119.9 120.9 -2.4 2.1 -1.2 -1.9 0.8

Mexico

100.000 121.7 123.2 -1.4 0.8 -1.1 -1.4 1.2

Nonmanufacturing

5.578 105.3 119.6 -4.5 -5.2 -6.5 0.6 13.6

Manufacturing

93.530 123.7 124.3 -1.3 1.2 -0.8 -1.5 0.5

Pacific Rim(4)

100.000 112.1 113.6 0.4 -0.4 -1.2 -1.0 1.3

Nonmanufacturing

18.731 107.0 111.6 -8.5 -0.3 -5.9 -4.8 4.3

Manufacturing

80.068 115.0 115.6 2.5 -0.3 0.0 0.0 0.5

China

100.000 105.2 107.1 -1.4 -0.2 -1.5 -0.2 1.8

Nonmanufacturing

22.134 92.5 97.1 -11.6 -1.0 -6.6 -2.7 5.0

Manufacturing

76.310 111.9 112.6 1.8 0.2 0.3 0.6 0.6

Japan

100.000 110.9 112.8 1.9 -0.3 -1.2 -0.4 1.7

Nonmanufacturing

19.744 113.0 118.9 -2.5 -0.1 -5.8 -3.3 5.2

Manufacturing

79.046 110.4 111.2 3.0 -0.3 0.1 0.5 0.7

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: October 2023 to October 2024(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Sep.
2024
Oct.
2024
Annual Monthly
Oct.
2023
to
Oct.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024
Sep.
2024
to
Oct.
2024

Industrialized Countries(2)

102.3 102.6 1.8 0.5 -0.1 -0.2 0.3

Canada

100.1 99.7 4.9 -0.7 2.1 0.9 -0.4

European Union

101.2 102.0 -0.8 1.5 -1.9 -1.7 0.8

Germany

114.4 114.9 5.3 0.3 -0.7 0.0 0.4

Latin America(3)

102.8 104.2 -4.6 1.1 -1.2 -1.2 1.4

Mexico

104.7 107.2 -3.6 -0.3 -1.4 -1.3 2.4

Pacific Rim(4)

107.7 108.9 0.3 -0.5 -1.3 -1.2 1.1

China

104.9 106.9 -0.3 -0.1 -1.5 -0.2 1.9

Japan

104.4 106.0 1.7 -0.3 -1.4 -0.6 1.5

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: October 2023 to October 2024 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Sep.
2024(1)
Index Percent change
Sep.
2024
Oct.
2024
Annual Monthly
Oct.
2023
to
Oct.
2024
Jun.
2024
to
Jul.
2024
Jul.
2024
to
Aug.
2024
Aug.
2024
to
Sep.
2024
Sep.
2024
to
Oct.
2024

Air Freight

Import Air Freight

100.000 284.4 270.8 17.9 12.2 2.3 6.6 -4.8

Europe (Dec. 2003=100)

17.256 151.0 162.8 -12.0 6.2 -2.5 -1.6 7.8

Asia

81.832 321.2 296.9 28.6 14.4 3.7 8.3 -7.6

Export Air Freight

100.000 171.0 185.5 8.5 3.8 -1.9 -1.2 8.5

Europe (Dec. 2006=100)

27.323 127.6 133.5 -1.3 14.0 -10.3 -0.5 4.6

Asia (Dec. 2011=100)

49.325 136.1 155.2 16.1 -2.0 3.1 -2.4 14.0

Inbound Air Freight

100.000 187.0 202.7 20.8 5.4 -0.4 4.4 8.4

Europe (Dec. 2003=100)

22.464 129.3 140.4 -2.8 5.7 -4.3 -1.4 8.6

Asia

66.596 198.7 218.8 39.3 6.2 3.4 6.6 10.1

Outbound Air Freight

100.000 166.1 168.2 -6.9 0.1 0.2 -2.4 1.3

Europe (Dec. 2003=100)

35.178 161.5 162.1 -3.7 9.4 -7.4 -0.7 0.4

Asia

43.886 178.5 181.0 -10.9 -7.7 8.0 -4.4 1.4

Air Passenger Fares

Import Air Passenger Fares

100.000 175.2 182.1 2.1 -11.3 -12.4 13.9 3.9

Europe

50.243 204.6 195.9 -4.5 -12.3 -15.9 23.8 -4.3

Asia

11.303 154.0 154.4 -13.0 -11.8 -9.1 2.0 0.3

Latin America/Caribbean

8.959 132.7 144.9 -3.4 -1.0 -8.6 -2.1 9.2

Export Air Passenger Fares

100.000 178.0 179.2 0.3 0.6 -8.1 -1.4 0.7

Europe

38.321 221.5 221.3 -3.2 -1.0 -13.4 2.2 -0.1

Asia

11.297 173.0 168.6 -13.0 1.0 -0.9 -13.0 -2.5

Latin America/Caribbean

31.147 171.7 175.0 -0.1 3.9 -6.1 -1.5 1.9

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: November 15, 2024