Technical Information: USDL-05-434 (202) 691-7101 Transmission of This Media contact: Material Is Embargoed (202) 691-5902 Until 8:30 A.M. E.S.T. Internet Address: http://www.bls.gov/mxp Friday, March 18, 2005 U.S. IMPORT AND EXPORT PRICE INDEXES - FEBRUARY 2005 - The U.S. Import Price Index rose 0.8 percent in February, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase was led by an advance in petroleum prices and followed a 0.7 percent rise in January. Export prices were unchanged in February after rising 0.9 percent the previous month. Percent changes in import and export price indexes by End Use category -not seasonally adjusted- IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 2004 February 0.4 0.5 0.4 0.7 1.5 0.6 March 0.8 5.1 0.2 0.8 3.5 0.5 April 0.2 -0.2 0.3 0.7 2.5 0.5 May 1.5 9.4 0.2 0.4 0.5 0.3 June -0.2 -1.1 0.1 -0.7 -4.7 -0.2 July 0.4 2.3 0.0 0.5 -1.0 0.7 August 1.5 8.8 0.3 -0.5 -8.4 0.3 September 0.5 3.3 0.1 0.4 1.8 0.3 October 1.6 11.1 -0.1 0.6 -1.1 0.8 November -0.3 -6.0 0.9 0.3 0.3 0.3 December -1.4 -11.5 0.4 0.1 r -1.1 r 0.2 r 2005 January 0.7 r 3.4 r 0.3 r 0.9 r 0.6 r 0.9 r February 0.8 3.9 0.2 0.0 -0.9 0.1 February 2003-04 0.9 -4.7 1.9 2.7 16.1 1.6 February 2004-05 6.1 29.6 2.9 3.4 -8.2 4.7 r = revised to reflect late reports and corrections by respondents. Import Goods Overall, import prices jumped for the second consecutive month in February, led again by rising petroleum prices. After declining 16.8 percent over the final two months of 2004, petroleum prices have resumed a nearly two- year upward trend, rising 3.9 percent in February and 3.4 percent in January. Import petroleum prices were up 29.6 percent for the year ended in February. In addition, nonpetroleum import prices increased for the fourth consecutive month, rising 0.2 percent in February after increasing 1.6 percent over the three previous months. Over the past year, prices of nonpetroleum imports rose 2.9 percent, while overall import prices advanced 6.1 percent. Higher prices for foods, feeds, and beverages; for consumer goods; and for nonpetroleum industrial supplies and materials contributed to the February increase in nonpetroleum prices. The price index for foods, feeds, and beverages advanced 1.3 percent in February and 7.3 percent over the past 12 months. Consumer goods prices rose for the fifth consecutive month, rising 0.2 percent in February after increasing 0.5 percent in January. Prices for nonpetroleum industrial supplies and materials rose 0.3 percent for the second consecutive month. The increases continued the upward trend for the index over the past two years, albeit at a slower rate than that recorded over most of that period. The index advanced 11.3 percent for the year ended in February. In contrast, the price indexes for capital goods and for automotive vehicles were both unchanged in February. Capital goods prices had been up in each of the previous three months, rising 0.8 percent over that period, the largest three-month change in almost ten years. Despite those increases, capital goods prices decreased 0.6 percent over the past 12 months. Automotive vehicle prices rose 1.5 percent over the same period. Export Goods Export prices were unchanged in February as decreasing agricultural prices were offset by a modest increase in nonagricultural prices. The price index for agricultural exports declined 0.9 percent in February, following a 0.6 percent increase in January. Lower prices for soybeans, corn, and fruit contributed to the February drop. Prices for agricultural exports decreased 8.2 percent over the past year. Nonagricultural prices continued to trend upward, although the 0.1 percent rise in February was the smallest monthly increase since the index last declined in June. For the February 2004-2005 period, nonagricultural export prices rose 4.7 percent while overall export prices were up 3.4 percent. The uptick in nonagricultural prices was led by a modest 0.2 percent increase in the price index for nonagricultural industrial supplies and materials. Rising fuel prices more than offset lower prices for chemicals and metals. Nonagricultural industrial supplies and materials prices increased 14.4 percent over the past 12 months. Each of the major finished goods areas either recorded no change or declined in February. Consumer goods prices decreased 0.1 percent after increasing 0.9 percent over the previous three months. Overall, prices of consumer goods rose 1.6 percent for the year ended in February. The price indexes for capital goods and for automotive vehicles were both unchanged in February. Prices for both capital goods and for automotive vehicles had posted increases in each of the four months prior to February and advanced 0.8 percent and 1.2 percent, respectively, over the past year. Imports by Locality of Origin The price indexes for imports from Canada, from Mexico, and from the European Union all rose in February, impacted in part by higher petroleum prices. Prices of imports from Canada rose 0.9 percent last month and 8.1 percent for the year ended in February. Import prices from Mexico increased 0.8 percent for the second month in a row and were up 4.6 percent over the past year. Prices of imports from the European Union continued to move up, rising 0.3 percent in February and 5.7 percent over the past 12 months. Import prices from Japan also increased in February, edging up 0.1 percent following a 0.1 percent decline in January. The index increased 0.8 percent for the February 2004-2005 period. In contrast, for the second consecutive month prices of imports from China were unchanged. The index of import prices from China had declined in each of the preceding five months and was down 0.5 percent for the year ended in February. Import and Export Services Import air passenger fares fell 0.6 percent in February, led for the second consecutive month by seasonal reductions in Asian fares. Despite recent declines, the index for overall import air passenger fares rose 6.0 percent for the year ended in February. Export air passenger fares declined 4.6 percent in February, following increases in each of the previous three months. Air passenger fares from each of the major export regions declined in February, although decreasing Asian fares had the largest impact on overall prices. The index for overall export air passenger fares increased 9.1 percent over the past 12 months. CONTENTS OF RELEASE This news release includes the following tables: Table 1 U.S. Import Price Indexes, by End Use Table 2 U.S. Export Price Indexes, by End Use Table 3 U.S. Import Price Indexes, by SITC Table 4 U.S. Export Price Indexes, by SITC Table 5 U.S. Import Price Indexes, by Harmonized System Table 6 U.S. Export Price Indexes, by Harmonized System Table 7 U.S. Import Price Indexes, by Locality of Origin Table 8 U.S. Import and Export Quarterly Price Indexes for Services Table 9 U.S. Import and Export Monthly Price Indexes for Services Table 10 U.S. Inbound and Outbound Quarterly Price Indexes for Services Table 11 U.S. Inbound and Outbound Monthly Price Indexes for Services ------------------------------------------------------------------- Import and Export Price Index data for March are scheduled for release on April 15 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. END Description 2004 2004 2004 2004 2005 USE January January February to to to to to 2005 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 ALL COMMODITIES.......................................... 100.000 104.7 105.5 6.1 -0.3 -1.4 0.7 0.8 ALL IMPORTS EXCLUDING PETROLEUM.......................... 85.657 101.6 101.8 2.9 0.9 0.4 0.3 0.2 ALL IMPORTS EXCLUDING FUELS (Dec. 2001=100)................................... 83.465 104.5 104.7 2.6 0.2 0.5 0.5 0.2 0 FOODS, FEEDS, & BEVERAGES.............................. 4.714 111.5 113.0 7.3 0.3 1.1 0.0 1.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.482 120.1 121.6 7.2 0.6 1.3 -0.4 1.2 01 Nonagricultural foods (fish, distilled beverages) 1.232 92.3 93.5 7.2 -0.4 0.3 1.4 1.3 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 30.749 128.5 131.1 19.2 -1.3 -5.1 1.7 2.0 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 16.406 119.1 119.4 11.3 3.8 0.8 0.3 0.3 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (Dec. 2001=100)............... 14.214 126.2 126.8 11.3 0.2 1.2 1.1 0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 8.753 119.1 119.7 13.9 0.1 1.7 0.9 0.5 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.653 119.0 119.1 8.4 8.4 -0.3 -0.6 0.1 10 Fuels & lubricants............................... 16.535 143.8 148.6 27.0 -2.4 -10.3 2.1 3.3 100 Petroleum & petroleum products............... 14.342 142.6 148.1 29.6 -6.0 -11.5 3.4 3.9 10000 Crude................................ 10.615 143.1 149.6 29.9 -7.6 -12.6 5.2 4.5 11 Paper & paper base stocks........................ 1.004 102.6 103.0 9.3 -0.3 0.2 1.3 0.4 12 Materials associated with nondurable supplies & materials...................... 4.571 111.4 111.9 6.8 0.6 0.5 1.5 0.4 13 Selected building materials...................... 2.173 118.1 120.0 5.5 -3.0 3.4 2.2 1.6 14 Unfinished metals related to durable goods....... 3.338 139.6 139.8 27.7 1.6 1.5 0.8 0.1 15 Finished metals related to durable goods......... 1.491 114.5 114.9 11.3 0.5 1.2 -0.2 0.3 16 Nonmetals related to durable goods............... 1.637 100.6 100.4 1.2 0.3 0.5 0.9 -0.2 2 CAPITAL GOODS.......................................... 22.350 92.5 92.5 -0.6 0.1 0.3 0.3 0.0 20 Electric generating equipment.................... 2.629 98.3 98.7 0.8 0.1 0.6 0.2 0.4 21 Nonelectrical machinery.......................... 17.778 90.1 90.1 -1.2 0.1 0.2 0.3 0.0 22 Transportation equipment excluding motor vehicles (Dec. 2001=100)............ 1.944 105.3 105.4 1.9 0.1 0.3 0.8 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 16.398 103.2 103.2 1.5 0.1 0.1 0.0 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 25.789 99.5 99.7 1.0 0.2 0.3 0.5 0.2 40 Nondurables, manufactured........................ 12.745 102.0 102.0 0.8 0.2 0.4 0.5 0.0 41 Durables, manufactured........................... 11.764 96.7 96.7 0.4 0.2 0.3 0.2 0.0 42 Nonmanufactured consumer goods................... 1.280 100.1 105.0 9.1 0.1 0.1 2.0 4.9 1 Relative importance figures are based on 2003 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. END Description 2004 2004 2004 2004 2005 USE January January February to to to to to 2005 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 ALL COMMODITIES............................................. 100.000 105.7 105.7 3.4 0.3 0.1 0.9 0.0 AGRICULTURAL COMMODITIES.................................... 8.591 116.1 115.0 -8.2 0.3 -1.1 0.6 -0.9 NONAGRICULTURAL COMMODITIES................................. 91.409 105.0 105.1 4.7 0.3 0.2 0.9 0.1 0 FOODS, FEEDS, & BEVERAGES................................. 7.832 117.1 115.9 -7.7 0.7 -1.2 0.2 -1.0 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 7.066 116.8 115.4 -9.3 0.6 -1.5 0.1 -1.2 01 Nonagricultural foods (fish, distilled beverages)... 0.766 120.0 120.4 8.8 1.0 2.5 1.4 0.3 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 28.594 120.3 120.5 13.3 0.7 0.4 2.0 0.2 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 10.513 122.3 121.5 12.6 1.4 0.8 1.7 -0.7 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 18.081 119.3 120.1 13.6 0.3 0.2 2.1 0.7 10 Agricultural industrial supplies & materials........ 1.525 112.9 112.8 -3.3 -0.6 0.9 3.1 -0.1 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 27.069 120.8 121.1 14.4 0.8 0.3 1.9 0.2 11 Fuels & lubricants.................................. 3.246 127.8 133.6 25.4 -3.0 -2.6 2.2 4.5 12 Nonagricultural supplies & materials excluding fuels & building materials......... 22.670 121.2 120.8 13.5 1.3 0.8 1.9 -0.3 13 Selected building materials......................... 1.153 104.4 104.4 3.5 0.1 0.4 0.0 0.0 2 CAPITAL GOODS............................................. 40.220 98.6 98.6 0.8 0.1 0.1 0.4 0.0 20 Electrical generating equipment..................... 3.869 104.1 103.9 2.0 0.2 0.3 0.3 -0.2 21 Nonelectrical machinery............................. 29.539 94.1 94.1 -0.2 -0.1 0.1 0.2 0.0 22 Transportation equipment excluding motor vehicles (Dec. 2001=100)............... 6.812 110.7 110.9 4.1 0.6 0.3 1.1 0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 11.102 103.2 103.2 1.2 0.1 0.1 0.3 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 12.211 101.8 101.7 1.6 0.1 0.2 0.6 -0.1 40 Nondurables, manufactured........................... 6.104 101.5 101.3 1.4 0.1 0.4 0.5 -0.2 41 Durables, manufactured.............................. 5.297 101.7 101.7 1.7 0.2 0.1 0.6 0.0 42 Nonmanufactured consumer goods (Dec. 2001=100)...... 0.809 102.9 102.9 1.5 0.1 0.0 0.0 0.0 1 Relative importance figures are based on 2003 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. SITC Description 2004 2004 2004 2004 2005 Rev. 3 January January February to to to to to 2005 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 ALL COMMODITIES............................................. 100.000 104.7 105.5 6.1 -0.3 -1.4 0.7 0.8 0 FOOD AND LIVE ANIMALS..................................... 3.680 111.6 113.7 8.6 -0.1 0.9 -0.4 1.9 01 Meat and meat preparations.......................... 0.420 135.6 136.8 15.9 -1.8 0.5 2.3 0.9 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.893 86.3 88.0 10.0 -1.1 0.5 1.4 2.0 05 Vegetables, fruit and nuts, fresh or dried.......... 0.889 107.7 108.9 -5.9 1.6 -3.5 -4.0 1.1 07 Coffee, tea, cocoa, spices and manufactures thereof. 0.498 119.3 123.3 21.0 4.2 5.1 4.3 3.4 2/ Other food and live animals............................... 0.980 129.6 132.4 13.2 -1.8 3.7 -1.7 2.2 1 BEVERAGES AND TOBACCO..................................... 0.954 107.5 107.7 2.6 0.2 0.4 0.4 0.2 11 Beverages........................................... 0.857 108.0 108.2 2.9 0.2 0.5 0.4 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 1.958 129.6 137.5 20.5 -2.7 3.1 3.3 6.1 24 Cork and wood....................................... 0.718 127.0 132.3 14.3 -7.3 6.5 1.8 4.2 25 Woodpulp and recovered paper........................ 0.232 103.6 107.2 16.6 -1.8 2.3 3.3 3.5 28 Metalliferous ores and metal scrap.................. 0.385 170.7 180.7 34.2 0.5 0.2 2.0 5.9 29 Crude animal and vegetable materials, n.e.s......... 0.237 109.8 137.2 37.9 0.2 1.9 11.7 25.0 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 15.861 143.5 149.2 26.8 -2.5 -10.6 2.1 4.0 33 Petroleum, petroleum products and related materials. 13.808 141.7 148.8 30.0 -6.3 -11.9 3.6 5.0 34 Gas, natural and manufactured....................... 2.053 151.8 147.6 7.7 33.9 -1.6 -7.2 -2.8 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 8.554 109.8 110.6 7.0 0.5 0.6 0.2 0.7 51 Organic chemicals................................... 2.770 106.8 108.5 9.9 -0.6 -0.3 -2.3 1.6 52 Inorganic chemicals................................. 0.678 128.1 128.6 6.6 1.0 -0.2 1.3 0.4 53 Dyeing, tanning and coloring materials.............. 0.192 97.9 98.6 -1.1 0.2 0.0 -0.8 0.7 54 Medicinal and pharmaceutical products............... 2.638 109.9 109.7 1.9 0.9 1.6 0.7 -0.2 55 Essential oils; polishing and cleansing preps....... 0.429 94.6 94.8 1.6 0.1 0.5 0.4 0.2 57 Plastics in primary forms........................... 0.689 124.1 125.3 19.1 3.0 2.6 6.9 1.0 58 Plastics in nonprimary forms........................ 0.387 105.6 105.8 3.3 0.7 0.6 -0.1 0.2 59 Chemical materials and products, n.e.s.............. 0.546 96.2 97.4 2.6 0.5 0.3 0.1 1.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 11.989 111.4 111.7 10.2 0.5 0.9 0.9 0.3 62 Rubber manufactures, n.e.s.......................... 0.684 102.1 102.4 3.2 0.3 0.6 0.2 0.3 63 Cork and wood manufactures other than furniture..... 0.847 118.1 118.7 -0.3 -1.2 4.1 4.4 0.5 64 Paper and paperboard, cut to size................... 1.237 100.1 99.9 5.7 0.2 -0.4 1.1 -0.2 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod........... 1.393 104.2 104.2 0.6 0.1 0.2 0.0 0.0 66 Nonmetallic mineral manufactures, n.e.s............. 2.165 100.8 100.8 1.9 0.0 0.2 0.1 0.0 67 Iron and steel...................................... 1.592 160.3 159.0 39.4 0.5 0.4 0.1 -0.8 68 Nonferrous metals................................... 1.835 112.1 114.1 17.6 1.9 2.2 1.0 1.8 69 Manufactures of metals, n.e.s....................... 2.145 108.3 108.6 8.3 0.9 1.1 1.7 0.3 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 39.901 95.3 95.2 -0.3 0.2 0.1 0.1 -0.1 71 Power generating machinery and equipment............ 2.573 103.2 103.8 2.6 0.4 0.5 0.7 0.6 72 Machinery specialized for particular industries..... 1.717 110.8 110.9 4.2 0.6 1.0 1.1 0.1 73 Metalworking machinery.............................. 0.445 114.6 114.2 6.3 1.2 1.4 1.7 -0.3 74 General industrial machinery, equipment, & machine parts, n.e.s............ 3.155 106.4 106.8 4.2 0.3 0.4 1.0 0.4 75 Computer equipment and office machines.............. 5.565 72.3 72.0 -7.7 -0.3 -0.3 -0.7 -0.4 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 5.118 82.9 82.8 -3.0 0.0 -0.4 -0.2 -0.1 77 Electrical machinery and equipment.................. 6.304 94.6 94.4 -1.4 0.1 0.2 0.0 -0.2 78 Road vehicles....................................... 13.654 103.6 103.6 1.6 0.2 0.1 -0.1 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 16.656 100.8 100.8 0.8 0.0 0.3 0.3 0.0 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s................... 0.466 95.8 96.2 3.3 0.3 0.4 1.1 0.4 82 Furniture and parts thereof......................... 1.986 105.9 105.8 5.5 0.4 0.6 1.2 -0.1 83 Travel goods, handbags and similar containers....... 0.385 105.0 104.7 1.2 0.0 1.0 0.3 -0.3 84 Articles of apparel and clothing accessories........ 5.254 100.8 100.7 0.0 -0.1 -0.1 0.1 -0.1 85 Footwear............................................ 1.208 100.3 100.3 -0.2 0.0 0.0 -0.2 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 1.843 100.5 100.8 1.2 0.1 0.3 0.3 0.3 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.891 99.0 99.0 -1.3 0.1 0.3 0.4 0.0 89 Miscellaneous manufactured articles, n.e.s.......... 4.622 99.3 99.2 0.0 0.1 0.5 0.2 -0.1 1 Relative importance figures are based on 2003 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Feb. Oct. Nov. Dec. Jan. SITC Description 2004 2004 2004 2004 2005 Rev. 3 January January February to to to to to 2005 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 ALL COMMODITIES............................................. 100.000 105.7 105.7 3.4 0.3 0.1 0.9 0.0 0 FOOD AND LIVE ANIMALS..................................... 6.423 118.3 118.0 -1.6 0.3 -0.5 0.2 -0.3 01 Meat and meat preparations.......................... 1.143 121.3 125.2 0.2 -1.2 -0.6 -2.6 3.2 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.476 111.0 111.5 5.8 0.0 1.8 0.6 0.5 04 Cereals and cereal preparations..................... 1.645 119.4 116.3 -14.0 -2.2 3.0 2.5 -2.6 05 Vegetables, fruit and nuts, fresh or dried.......... 1.576 127.5 126.4 16.6 5.1 -5.3 -1.8 -0.9 08 Feeding stuff for animals (not including unmilled cereals).................. 0.567 109.7 111.0 -13.6 -1.3 1.8 2.0 1.2 09 Miscellaneous edible products and preparations...... 0.495 105.1 105.1 3.4 0.0 0.0 2.4 0.0 2/ Other food and live animals............................... 0.520 108.3 107.4 3.2 0.7 -1.1 0.4 -0.8 1 BEVERAGES AND TOBACCO..................................... 0.681 101.8 101.7 -0.2 -0.3 0.1 0.3 -0.1 12 Tobacco and tobacco manufactures.................... 0.420 100.6 100.7 0.2 0.0 0.2 0.0 0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 5.317 122.5 119.6 -2.2 1.1 -0.1 2.6 -2.4 22 Oil seeds and oleaginous fruits..................... 1.051 115.2 109.7 -31.8 1.1 0.7 3.7 -4.8 24 Cork and wood....................................... 0.519 98.5 98.6 3.1 -0.7 0.4 -0.3 0.1 25 Woodpulp and recovered paper........................ 0.657 100.0 100.7 8.9 0.1 0.6 1.2 0.7 26 Textile fibers and their waste...................... 0.586 98.4 98.7 -19.2 -2.7 -1.1 2.1 0.3 28 Metalliferous ores and metal scrap.................. 1.412 202.7 191.5 22.1 3.5 -1.2 4.1 -5.5 2/ Other crude materials, inedible, except fuels............. 1.093 124.1 123.7 12.0 1.4 0.4 2.3 -0.3 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 2.581 148.6 156.5 31.2 -3.1 -3.0 1.4 5.3 33 Petroleum, petroleum products and related materials. 1.898 147.5 156.8 36.7 -3.5 -4.2 1.9 6.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 14.975 116.2 116.2 11.7 1.2 0.9 2.0 0.0 51 Organic chemicals................................... 3.566 128.3 126.8 17.0 1.0 0.7 -0.1 -1.2 52 Inorganic chemicals................................. 0.919 114.2 116.0 16.6 0.1 2.0 1.4 1.6 54 Medicinal and pharmaceutical products............... 2.735 108.4 108.2 2.8 0.2 0.3 1.1 -0.2 55 Essential oils; polishing and cleansing preps....... 1.065 109.8 110.2 5.8 0.8 1.5 0.6 0.4 56 Fertilizers......................................... 0.454 149.6 149.4 14.7 3.0 -0.4 0.6 -0.1 57 Plastics in primary forms........................... 2.767 128.4 129.4 28.2 3.5 1.4 8.1 0.8 58 Plastics in nonprimary forms........................ 0.929 101.6 102.2 5.1 0.6 1.2 1.7 0.6 59 Chemical materials and products, n.e.s.............. 1.910 106.4 106.3 1.0 0.1 0.5 0.6 -0.1 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 10.563 113.5 113.9 10.6 0.4 0.4 1.1 0.4 62 Rubber manufactures, n.e.s.......................... 0.700 113.7 113.9 2.7 0.7 0.4 0.7 0.2 64 Uncoated Paper/paperboard, and linerboard........... 1.483 104.0 104.1 6.4 -0.3 0.5 -0.2 0.1 65 Textile yarn, fabrics, and made-up articles, n.e.s.. 1.586 108.8 108.9 4.8 0.7 -0.1 1.5 0.1 66 Nonmetallic mineral manufactures, n.e.s............. 1.563 101.9 101.8 2.2 0.2 0.4 0.2 -0.1 67 Iron and steel...................................... 1.472 169.3 169.9 42.4 0.9 0.7 -0.8 0.4 68 Nonferrous metals................................... 1.172 103.5 104.9 15.4 1.5 0.9 2.0 1.4 69 Manufactures of metals, n.e.s....................... 2.188 117.5 118.5 12.4 0.3 0.6 3.4 0.9 2/ Other manufactured goods classified chiefly by material (Dec. 2001=100)................ 0.399 115.8 115.8 -2.1 0.5 -1.2 0.0 0.0 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 47.170 98.8 98.8 0.7 0.0 0.1 0.3 0.0 71 Power generating machinery and equipment............ 4.613 111.6 111.5 1.9 0.8 0.1 1.1 -0.1 72 Machinery specialized for particular industries..... 3.612 109.4 109.4 5.2 0.3 0.5 1.2 0.0 73 Metalworking machinery.............................. 0.605 102.6 102.6 1.6 0.4 0.0 0.7 0.0 74 General industrial machinery, equipment, & parts, n.e.s.................... 4.678 108.0 108.7 5.0 0.2 0.2 1.3 0.6 75 Computer equipment and office machines.............. 5.305 83.0 83.1 -5.8 -0.8 -0.7 -1.0 0.1 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 3.152 90.6 90.6 -2.1 0.0 -0.1 0.2 0.0 77 Electrical machinery and equipment.................. 11.516 88.0 87.7 -0.7 -0.2 0.3 0.0 -0.3 78 Road vehicles....................................... 8.728 103.1 103.1 1.2 0.0 0.2 0.1 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 11.185 103.0 102.9 2.0 0.3 0.6 0.7 -0.1 82 Furniture and parts thereof......................... 0.601 104.4 104.7 2.2 1.7 0.0 0.0 0.3 84 Articles of apparel and clothing accessories........ 0.765 97.6 97.3 0.5 0.1 0.2 0.5 -0.3 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 4.316 103.9 103.9 1.6 0.1 0.3 1.3 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.942 96.7 96.3 1.2 0.4 0.8 -0.3 -0.4 89 Miscellaneous manufactured articles, n.e.s.......... 4.186 104.3 104.3 2.9 0.3 1.2 0.3 0.0 2/ Other miscellaneous manufactured articles................. 0.374 108.8 109.1 2.8 0.0 0.0 0.2 0.3 1 Relative importance figures are based on 2003 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Feb. Oct. Nov. Dec. Jan. nized Description 2004 2004 2004 2004 2005 System January January February to to to to to 2005 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.440 111.2 114.8 16.3 -2.5 2.7 -1.0 3.2 02 Meat and edible meat offal.......................... 0.372 135.7 137.2 14.9 -1.5 0.1 0.7 1.1 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.712 85.8 88.4 10.5 -1.2 0.6 2.4 3.0 2/ Other live animals; animal products................. 0.356 152.9 161.8 24.7 -4.8 7.7 -8.4 5.8 II VEGETABLE PRODUCTS........................................ 1.209 110.0 118.0 8.7 1.8 -0.3 -0.3 7.3 07 Edible vegetables, roots, and tubers................ 0.288 122.6 124.4 -13.8 5.0 -7.5 -12.4 1.5 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.342 94.8 94.6 -0.9 -1.3 -0.3 -0.2 -0.2 09 Coffee, tea, mate and spices........................ 0.259 107.6 114.9 26.7 4.2 8.3 4.6 6.8 2/ Other vegetable products............................ 0.319 119.6 144.7 32.5 0.5 1.3 9.1 21.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.269 113.5 113.8 6.3 0.4 0.4 1.2 0.3 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.258 103.4 104.7 4.1 0.6 -1.6 1.9 1.3 22 Beverages, spirits, and vinegar..................... 0.875 106.2 106.4 3.2 0.1 0.5 0.4 0.2 2/ Other prepared foodstuffs........................... 1.136 122.4 122.5 9.2 0.5 1.0 1.7 0.1 V MINERAL PRODUCTS.......................................... 16.383 143.5 149.1 26.9 -2.1 -10.5 2.4 3.9 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 16.071 142.6 148.3 27.3 -2.1 -10.7 2.4 4.0 2/ Other mineral products (Dec. 2001=100).............. 0.312 118.9 119.3 11.3 0.9 0.5 5.4 0.3 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.704 108.5 109.4 6.2 0.1 0.4 -0.5 0.8 28 Inorganic chemicals................................. 0.713 124.3 124.7 4.7 0.9 -0.6 0.6 0.3 29 Organic chemicals................................... 3.037 106.1 107.8 9.2 -0.7 -0.3 -2.7 1.6 30 Pharmaceutical products............................. 2.329 110.5 110.2 2.5 1.1 1.8 1.3 -0.3 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.195 98.7 99.7 2.2 0.3 0.0 0.3 1.0 33 Essential oils and resinoids (Dec. 2001=100)........ 0.372 106.3 106.5 1.2 -0.2 0.5 0.3 0.2 38 Miscellaneous chemical products..................... 0.391 90.7 93.4 -0.1 -0.3 -0.4 -1.0 3.0 2/ Other products of the chemical or allied industries. 0.520 127.4 127.3 17.1 1.0 0.9 1.9 -0.1 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.862 112.1 112.6 6.9 0.9 0.8 2.1 0.4 39 Plastics and articles thereof....................... 1.942 113.2 113.8 8.5 1.3 1.1 2.9 0.5 40 Rubber and articles thereof......................... 0.920 109.8 110.2 3.9 0.4 0.4 0.2 0.4 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.689 102.9 102.8 1.5 0.1 0.5 0.2 -0.1 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.589 102.9 102.8 0.9 0.1 0.7 0.1 -0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.598 125.2 127.6 6.1 -4.0 4.5 2.7 1.9 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.772 100.9 101.3 5.9 -0.1 0.1 1.3 0.4 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard............. 0.229 103.1 106.8 16.7 -1.9 2.5 3.2 3.6 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.241 99.1 98.9 5.4 0.1 -0.3 1.1 -0.2 49 Printed matter...................................... 0.302 112.2 112.1 -0.9 0.2 0.3 0.4 -0.1 XI TEXTILE AND TEXTILE ARTICLES.............................. 6.238 100.6 100.5 0.1 0.0 0.2 -0.1 -0.1 61 Articles of apparel and clothing accessories, knitted or crocheted............ 2.278 99.9 99.7 -0.1 0.0 0.0 -0.2 -0.2 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.551 99.7 99.7 -0.5 -0.1 -0.1 0.0 0.0 63 Made-up or worn textile articles.................... 0.506 93.1 93.1 -2.9 -0.1 -0.2 -0.6 0.0 2/ Other textile & textile articles.................... 0.903 108.7 108.2 3.8 0.5 1.2 0.4 -0.5 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.429 99.7 99.7 -0.2 -0.2 0.0 -0.1 0.0 64 Footwear and parts of such articles................ 1.205 100.1 100.1 -0.2 0.0 0.0 -0.2 0.0 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc...................... 0.224 97.3 97.3 -0.4 -1.0 0.0 0.2 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 1.020 105.1 105.4 1.4 0.3 0.5 0.4 0.3 68 Articles of stone, plaster, cement, asbestos, or mica (Dec. 2001=100)............ 0.312 98.6 98.8 -0.6 0.0 0.2 0.2 0.2 69 Ceramic products.................................... 0.355 110.8 110.8 3.3 0.6 0.4 0.7 0.0 70 Glass and glassware................................. 0.352 104.7 105.5 1.4 0.2 0.7 0.2 0.8 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.405 97.6 96.9 3.4 0.8 1.8 -0.9 -0.7 XV BASE METALS AND ARTICLES OF BASE METAL.................... 5.457 130.6 131.3 21.6 1.3 0.9 1.1 0.5 72 Iron and steel...................................... 1.365 176.6 173.7 43.3 1.1 0.3 -0.2 -1.6 73 Articles of iron or steel........................... 1.460 119.6 121.0 17.4 0.8 1.1 2.0 1.2 74 Copper and articles thereof......................... 0.427 136.3 137.5 19.8 0.5 4.3 0.3 0.9 76 Aluminum and articles thereof....................... 0.881 115.1 115.0 10.7 1.4 -0.1 2.7 -0.1 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.435 105.6 105.4 4.2 0.9 0.2 0.2 -0.2 83 Miscellaneous articles of base metal................ 0.472 113.8 113.3 8.7 1.1 1.7 1.9 -0.4 2/ Other base metals and articles of base metals....... 0.416 115.0 124.2 21.1 4.4 0.7 0.4 8.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 24.585 90.2 90.2 -1.7 0.1 0.1 0.1 0.0 84 Machinery and mechanical appliances; parts thereof.. 12.857 90.8 90.8 -1.4 0.1 0.2 0.3 0.0 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 11.728 89.7 89.7 -2.0 0.1 0.0 -0.1 0.0 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 15.161 104.1 104.1 1.8 0.1 0.1 0.1 0.0 87 Motor vehicles and their parts...................... 13.859 103.6 103.6 1.7 0.1 0.1 0.0 0.0 88 Aircraft, spacecraft, and parts thereof (Dec. 2002=100)...................... 1.137 104.8 104.8 2.6 0.2 0.4 1.2 0.0 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.379 99.8 99.7 -0.2 0.1 0.3 0.4 -0.1 90 Optical, photographic, measuring and medical instruments.......................... 2.990 98.8 98.8 -0.3 0.1 0.4 0.2 0.0 91 Clocks and watches and parts thereof................ 0.281 107.4 107.1 -0.8 -0.2 -1.0 1.0 -0.3 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 4.201 99.1 99.0 2.0 0.2 0.3 0.7 -0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.396 103.0 102.9 4.8 0.3 0.6 1.2 -0.1 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.578 94.5 94.5 -1.4 0.0 0.1 0.0 0.0 96 Miscellaneous manufactured articles................. 0.227 98.0 98.0 0.2 0.1 0.1 0.0 0.0 1 Relative importance figures are based on 2003 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Feb. Oct. Nov. Dec. Jan. nized Description 2004 2004 2004 2004 2005 System January January February to to to to to 2005 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.814 119.1 120.8 2.2 0.0 -0.2 -2.5 1.4 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.438 114.3 114.6 8.4 1.0 2.6 0.4 0.3 II VEGETABLE PRODUCTS........................................ 4.106 122.9 121.0 -10.4 2.1 -2.9 1.0 -1.5 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.929 133.8 131.1 33.1 6.7 0.9 0.8 -2.0 10 Cereals............................................. 1.386 118.6 115.2 -15.7 -2.4 3.4 2.7 -2.9 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.230 117.7 113.1 -26.7 1.0 0.6 4.2 -3.9 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.536 106.9 107.0 -2.2 0.0 0.9 1.5 0.1 21 Miscellaneous edible preparations................... 0.454 106.1 106.1 4.6 0.1 0.0 2.5 0.0 23 Residues and waste from the food industries; prepared animal feed............. 0.480 108.8 110.3 -18.6 -1.8 2.1 2.4 1.4 2/ Other prepared foods................................ 0.856 107.6 107.1 1.0 -0.2 0.2 0.7 -0.5 V MINERAL PRODUCTS.......................................... 3.318 154.5 161.4 36.4 -2.2 -1.5 5.0 4.5 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 2.615 144.3 152.0 31.0 -2.8 -2.9 1.3 5.3 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 11.797 115.2 114.6 8.4 0.6 1.0 0.7 -0.5 28 Inorganic chemicals................................. 1.002 120.1 120.2 17.3 0.7 2.8 3.1 0.1 29 Organic chemicals................................... 3.965 127.1 125.3 15.1 0.6 0.9 -0.5 -1.4 30 Pharmaceutical products............................. 2.302 108.5 108.2 3.1 0.2 0.4 1.5 -0.3 31 Fertilizers......................................... 0.449 145.0 144.7 14.8 3.1 -0.4 0.6 -0.2 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.660 108.3 108.6 11.3 2.6 2.8 2.8 0.3 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.780 112.4 112.4 5.0 1.2 1.3 1.1 0.0 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.382 100.7 101.6 -0.7 -1.5 0.3 -1.5 0.9 37 Photographic or cinematographic goods............... 0.408 100.9 100.0 -0.4 0.3 1.2 0.2 -0.9 38 Miscellaneous chemical products..................... 1.632 105.5 105.7 0.9 0.2 0.2 0.5 0.2 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.779 120.7 121.3 16.2 1.9 1.7 4.6 0.5 39 Plastics and articles thereof....................... 4.771 120.0 120.7 17.8 2.1 1.9 5.1 0.6 40 Rubber and articles thereof......................... 1.008 121.7 122.1 9.6 1.3 0.7 2.3 0.3 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.485 110.8 110.2 -1.3 0.1 -0.4 -0.1 -0.5 41 Raw hides and skins (other than furskins) and leather........................ 0.441 107.3 106.6 -3.9 0.2 -0.4 -0.1 -0.7 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.783 103.5 103.5 2.6 -0.1 -0.5 0.4 0.0 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.835 101.2 101.5 5.5 0.1 0.7 0.2 0.3 47 Woodpulp and recovered paper........................ 0.654 96.0 96.7 8.8 0.1 0.5 1.4 0.7 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.550 100.7 101.0 6.1 -0.1 0.6 -0.2 0.3 49 Printed material.................................... 0.631 111.2 111.1 1.0 0.9 1.1 -0.4 -0.1 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.814 98.6 98.6 -2.0 0.0 -0.2 1.1 0.0 52 Cotton, including yarns and woven fabrics thereof... 0.671 87.0 87.4 -16.8 -2.1 -0.9 -1.2 0.5 61 Apparel & clothing knitted or crocheted (Dec. 2001=100)................. 0.415 96.0 95.6 0.7 0.1 0.4 0.5 -0.4 62 Apparel Articles & Accessories, not knitted......... 0.284 95.7 95.7 0.1 -0.2 0.0 0.1 0.0 2/ Other textile and textile articles (Dec. 2001=100).. 1.444 111.4 111.2 5.7 1.1 -0.1 2.7 -0.2 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.821 101.3 101.1 2.3 0.3 0.7 0.9 -0.2 70 Glass and glassware................................. 0.490 96.4 96.0 -0.6 0.3 1.0 -0.1 -0.4 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.429 107.9 106.8 6.3 1.4 1.8 -1.1 -1.0 XV BASE METALS AND ARTICLES OF BASE METALS................... 5.456 132.6 131.3 17.0 1.3 -0.6 3.1 -1.0 72 Iron and steel...................................... 1.462 170.5 161.8 19.4 5.1 -3.2 -1.7 -5.1 73 Articles of iron or steel........................... 1.315 124.1 124.8 16.7 -0.3 -0.1 -0.2 0.6 74 Copper and articles thereof......................... 0.491 138.7 138.7 16.0 -3.9 -0.3 7.0 0.0 76 Aluminum and articles thereof....................... 0.813 114.8 115.8 11.9 2.2 0.4 2.3 0.9 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.415 107.5 107.7 6.1 1.2 1.2 0.8 0.2 83 Miscellaneous articles of base metal................ 0.449 116.2 118.1 8.8 0.1 0.0 4.3 1.6 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 33.024 95.2 95.2 0.2 0.0 0.1 0.3 0.0 84 Machinery and mechanical appliances; parts thereof.. 17.943 100.6 100.8 0.9 0.1 0.0 0.4 0.2 85 Electrical machinery and equipment and parts and accessories thereof............ 15.081 89.2 89.0 -0.7 0.0 0.1 0.2 -0.2 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 13.885 108.3 108.4 2.4 0.1 0.3 0.4 0.1 87 Motor vehicles and their parts...................... 9.062 103.2 103.2 1.3 0.1 0.2 0.1 0.0 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.215 102.1 101.9 0.4 -0.2 0.3 0.6 -0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.477 101.1 101.5 2.0 1.1 0.0 0.1 0.4 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.809 106.4 107.2 4.4 1.7 0.0 0.1 0.8 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.526 94.8 94.8 -1.4 0.1 0.2 0.1 0.0 1 Relative importance figures are based on 2003 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage Feb. Oct. Nov. Dec. Jan. Description of 2004 2004 2004 2004 2005 U.S. January February to to to to to Imports 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 2/ Industrialized Countries............................ 47.950 107.9 108.5 5.4 0.7 -0.2 0.4 0.6 Manufactured Goods............................. 43.658 105.4 105.7 4.2 0.0 0.7 0.8 0.3 Nonmanufactured Goods.......................... 4.024 142.9 146.7 17.3 7.1 -6.8 -2.9 2.7 3/ Other Countries..................................... 52.050 100.5 101.5 6.2 -1.4 -2.4 0.8 1.0 Manufactured Goods............................. 43.318 97.2 97.5 2.6 0.0 -0.2 0.1 0.3 Nonmanufactured Goods.......................... 8.625 134.7 139.6 22.6 -6.8 -10.3 3.3 3.6 Canada.............................................. 17.203 117.1 118.1 8.1 1.5 -0.5 0.4 0.9 Manufactured Goods............................. 13.876 112.1 112.5 6.3 -0.7 1.1 1.3 0.4 Nonmanufactured Goods.......................... 3.133 146.7 150.3 14.5 10.2 -6.2 -2.6 2.5 4/ European Union...................................... 19.566 112.6 112.9 5.7 0.5 0.4 0.8 0.3 Manufactured Goods............................. 19.013 112.1 112.3 5.0 0.4 0.7 1.1 0.2 Nonmanufactured Goods.......................... 0.498 152.4 158.5 31.2 1.9 -6.5 -6.6 4.0 France (Dec. 2003=100).............................. 2.069 102.3 102.1 0.8 0.0 0.5 -0.4 -0.2 Germany (Dec. 2003=100)............................. 5.308 104.1 104.0 2.4 0.3 0.5 1.0 -0.1 United Kingdom (Dec. 2003=100)...................... 3.185 107.8 108.7 6.7 0.4 -0.6 -0.5 0.8 5/ Latin America....................................... 17.344 115.1 116.9 11.1 -1.9 -3.0 1.8 1.6 Manufactured Goods............................. 13.359 114.4 115.5 7.8 0.8 0.2 0.4 1.0 Nonmanufactured Goods.......................... 3.941 137.5 142.6 21.8 -8.6 -11.5 5.7 3.7 Mexico (Dec. 2003=100).............................. 10.952 104.8 105.6 4.6 -1.2 -2.5 0.8 0.8 6/ Pacific Rim (Dec. 2003=100)......................... 33.549 100.0 100.1 0.0 0.0 -0.1 -0.1 0.1 China (Dec. 2003=100)............................... 12.320 99.0 99.0 -0.5 -0.2 -0.2 0.0 0.0 Japan............................................... 9.512 95.8 95.9 0.8 0.1 0.3 -0.1 0.1 7/ Asian NICs.......................................... 7.447 90.6 90.5 0.1 0.0 -0.3 -0.1 -0.1 8/ ASEAN (Dec. 2003=100)............................... 6.608 98.2 98.4 -0.7 -0.3 0.0 0.0 0.2 9/ Asia Near East (Dec. 2003=100)...................... 3.353 125.5 129.0 19.7 -5.7 -6.8 2.3 2.8 1 Percentage of trade figures are based on 2003 trade values. 2 Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa. 3 Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere. 4 Includes European Union countries. 5 Includes Mexico, Central America, South America and the Caribbean. 6 Includes China, Japan, Asia Newly Industrialized Countries, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea and Philippines. 7 Asia Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan. 8 Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. 9 Includes 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 three months after original publication. Regions are not mutually exclusive. n.a. Not available Table 8 U.S. Import and Export Quarterly Price Indexes and Percent Changes for Selected Categories of Services December 2003-December 2004 2000=100, unless otherwise noted Index Percent Change Annual Quarterly Trade Dec. Dec. March June Sept. Description (Mil. 2003 2003 2004 2004 2004 of September December to to to to to Dollars) 2004 2004 Dec. March June Sept. Dec. 1/ 2004 2004 2004 2004 2004 IMPORT Air Freight....................................... 4168 120.0 126.8 10.4 1.9 0.3 2.1 5.7 Europe (Dec. 2003=100)..................... 1407 112.1 122.5 22.5 6.0 1.8 3.9 9.3 Asia....................................... 2329 109.3 113.0 2.4 -0.4 -1.3 0.6 3.4 EXPORT Air Freight....................................... 2836 100.3 107.1 12.3 1.8 2.1 1.2 6.8 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised one quarter after original publication. n.a. Not available Table 9 U.S. Import and Export Monthly Price Indexes and Percent Changes for Selected Categories of Services February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade Feb. Oct. Nov. Dec. Jan. Description (Mil. 2004 2004 2004 2004 2005 of January February to to to to to Dollars) 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 IMPORT Air Passenger Fares............................... 18253 110.8 110.1 6.0 -6.5 3.5 -0.8 -0.6 Europe..................................... 11250 101.6 102.0 6.1 -9.6 1.2 0.3 0.4 Asia....................................... 2626 110.2 105.6 2.7 -0.7 13.4 -8.8 -4.2 Latin America/Caribbean.................... 1916 114.9 110.0 2.1 1.2 2.4 0.1 -4.3 EXPORT Air Passenger Fares............................... 20319 141.0 134.5 9.1 1.9 3.1 5.2 -4.6 Europe..................................... 5394 163.4 157.7 6.0 0.6 4.1 2.8 -3.5 Asia....................................... 8936 126.7 119.9 11.5 1.5 2.2 7.8 -5.4 Latin America/Caribbean.................... 3413 148.9 138.5 4.8 5.5 0.4 9.6 -7.0 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. Inbound and Outbound Quarterly Price Indexes and Percent Changes for Selected Categories of Services December 2003-December 2004 2000=100, unless otherwise noted Index Percent Change Annual Quarterly Trade Dec. Dec. March June Sept. Description (Mil. 2003 2003 2004 2004 2004 of September December to to to to to Dollars) 2004 2004 Dec. March June Sept. Dec. 1/ 2004 2004 2004 2004 2004 INBOUND Air Freight....................................... 7483 118.7 125.2 10.9 2.9 0.3 1.8 5.5 Europe (Dec. 2003=100)....................... 2466 111.6 120.0 20.0 7.0 0.9 3.3 7.5 Asia......................................... 4180 107.8 112.1 4.7 0.2 -0.5 0.9 4.0 OUTBOUND Air Freight....................................... 5193 100.7 105.2 10.9 1.3 3.0 1.7 4.5 Europe (Dec. 2003=100)....................... 1998 108.6 113.0 13.0 1.8 4.8 1.8 4.1 Asia......................................... 2365 98.5 104.0 9.0 0.6 1.7 0.9 5.6 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised one quarter after original publication. n.a. Not available Table 11 U.S. Inbound and Outbound Monthly Price Indexes and Percent Changes for Selected Categories of Services February 2004-February 2005 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade Feb. Oct. Nov. Dec. Jan. Description (Mil. 2004 2004 2004 2004 2005 of January February to to to to to Dollars) 2005 2005 Feb. Nov. Dec. Jan. Feb. 1/ 2005 2004 2004 2005 2005 INBOUND Air Passenger Fares (Dec. 2003=100)............... 38589 117.8 112.8 8.0 1.4 2.2 4.7 -4.2 Europe (Dec. 2003=100)....................... 15654 117.1 112.8 6.1 -0.3 4.1 2.7 -3.7 Asia (Dec. 2003=100)......................... 12401 117.7 111.5 7.6 0.7 -0.5 7.4 -5.3 Latin America/Caribbean (Dec. 2003=100)...... 5604 117.0 111.8 7.7 5.9 -0.4 8.5 -4.4 Canada (Dec. 2003=100)....................... 2905 124.1 122.1 23.0 4.4 8.2 -2.3 -1.6 Crude Oil Tanker Freight.......................... 3434 n.a. n.a. n.a. 16.7 19.0 n.a. n.a. Ocean Liner Freight............................... 17817 121.6 121.2 n.a. n.a. n.a. -0.9 -0.3 U.S. East Coast.............................. 6938 114.8 114.7 n.a. n.a. n.a. -0.2 -0.1 From Atlantic.......................... 3022 111.2 111.2 n.a. n.a. n.a. 0.4 0.0 From Pacific........................... 2817 112.2 112.0 n.a. n.a. n.a. -1.0 -0.2 U.S. West Coast.............................. 10879 126.5 125.9 n.a. n.a. n.a. -1.3 -0.5 OUTBOUND Air Passenger Fares (Dec. 2003=100)............... 43898 105.9 105.2 5.4 -5.8 1.9 0.5 -0.7 Europe (Dec. 2003=100)....................... 21857 104.6 104.9 3.6 -10.8 1.1 0.0 0.3 Asia (Dec. 2003=100)......................... 7190 105.2 100.5 6.5 -3.8 4.5 -1.1 -4.5 Latin America/Caribbean (Dec. 2003=100)...... 9206 106.3 105.0 5.1 2.3 2.1 1.0 -1.2 Canada (Dec. 2003=100)....................... 2982 112.7 117.1 18.2 1.8 -0.6 2.1 3.9 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with a two-year lag in the weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis (BEA) End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and International (which represent transactions inbound to and outbound from the U.S.). Published series use a base year of 2000=100 where possible. More detailed index series and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101. Import Price Indexes -- Products have been 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 Indexes -- Products have been 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. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin using a nomenclature based upon the North American Industry Classification System (NAICS). Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Services Price Indexes -- The Air Passenger Fares Indexes are calculated from data collected from a commercial airline reservation system. These data exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from companies. The trade dollar figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Fact sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation". Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the three months after original publication and quarterly data may be revised one quarter after original publication. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 691-7101 Fax Number: (202) 691-7195 IPP data are also available on the IPP home page (http://www.bls.gov/mxp). To access data using Anonymous FTP, use the Internet address (ftp://ftp.bls.gov). For technical assistance in using the BLS Internet site, send e-mail to (labstat.helpdesk@bls.gov). For IPP data requests, send e-mail to (mxpinfo@bls.gov). The IPP news release is now available through an e-mail subscription service. Please see the subscription link on (http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm). ---------------------------------------------------------------------- IPP Order Form Please add my name to the mailing list for the following publications. 1. Monthly News Release ______ 2. Harmonized System Indexes ______ 3. SITC Indexes ______ 4. BEA End-Use Indexes ______ 5. Locality Of Origin Indexes ______ 6. 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