Technical Information: USDL-03-166 (202) 691-7101 Transmission of This Media contact: Material Is Embargoed (202) 691-5902 Until 8:30 A.M. E.D.T. Internet Address: http://www.bls.gov/mxp Thursday, April 10, 2003 U.S. IMPORT AND EXPORT PRICE INDEXES -MARCH 2003- The U.S. Import Price Index increased 0.5 percent in March, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Rising prices for nonpetroleum imports more than offset a small decline in petroleum prices. The Export Price Index rose for the third consecutive month, up 0.3 percent in March. 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 2002 March 1.3 17.0 0.1 0.3 0.6 0.3 April 1.6 12.7 0.5 0.4 0.7 0.3 May 0.1 2.0 -0.1 0.0 -0.1 0.0 June -0.3 -3.5 0.0 0.0 1.2 0.0 July 0.4 3.8 0.0 0.3 2.7 0.1 August 0.3 3.7 0.1 0.2 1.7 0.0 September 0.7 5.8 0.1 0.3 3.2 0.1 October 0.0 -0.1 0.0 -0.1 -1.8 0.1 November -0.9 -8.2 -0.1 0.1 2.0 -0.1 December 0.6 5.6 r 0.2 -0.2 -0.5 -0.2 2003 January 1.8 r 14.4 r 0.3 0.3 r 0.3 0.4 February 1.7 r 11.1 r 0.4 0.5 r -0.5 r 0.5 March 0.5 -1.8 0.9 0.3 0.0 0.3 March 2001-02 -5.6 -11.8 -4.2 -2.4 -2.4 -2.4 March 2002-03 6.7 52.5 2.4 2.2 9.2 1.5 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices rose a modest 0.5 percent in March after increasing 4.1 percent in the previous three months, an increase largely led by rising petroleum prices. For the year ended in March, overall import prices were up 6.7 percent. Prices for petroleum imports fell 1.8 percent in March after having risen 34.2 percent in the prior three months. Despite the March decline, the petroleum index was still up 52.5 percent over the past 12 months. In contrast, nonpetroleum prices rose 0.9 percent in March, the largest increase posted for this index since monthly publication began in December 1988. For the March 2002-March 2003 period, nonpetroleum import prices were up 2.4 percent. A 5.0 percent increase in the price index for nonpetroleum industrial supplies and materials-led by rising natural gas prices-was the primary contributor to the increase in nonpetroleum import prices. Rising prices for paper and for products produced from petroleum and natural gas also contributed to the increase in nonpetroleum industrial supplies and materials. Over the past 12 months, the index was up 15.5 percent. Prices for imported foods, feeds, and beverages increased 1.3 percent in March and 7.5 percent over the past year. Import prices for finished goods recorded little movement in March. The price indexes for imported automotive vehicles and for consumer goods both rose 0.1 percent in March. Over the past 12 months, automotive vehicle prices were up 0.6 percent while consumer goods prices fell 0.1 percent. Imported capital goods prices were unchanged last month and, despite little movement over the past five months, were down 1.3 percent for the year ended in March. Export Goods Export prices rose 0.3 percent in March following increases of 0.5 percent and 0.3 percent in the prior two months. For the year ended in March, export prices were up 2.2 percent. Agricultural export prices were unchanged as declining wheat prices offset higher prices for exported cotton. Over the past year, however, agricultural prices rose 9.2 percent. Nonagricultural prices continued to rise, increasing 0.3 percent in March after gains of 0.5 percent and 0.4 percent in February and January, respectively. For the year, the index was up 1.5 percent. The increase in nonagricultural prices was led by a 1.5 percent increase in the price index for industrial supplies and materials. Prices for petroleum and petroleum-based products accounted for much of the advance. Industrial supplies and materials prices were up 9.4 percent for the year ended in March. In contrast, the price indexes for capital goods and for automotive vehicles both decreased 0.1 percent in March. Capital goods prices were led by lower computer prices and were down 1.1 percent for the year ended in March. Automotive vehicle prices were up 0.4 percent over the 12- month period. The index for exported consumer goods was unchanged last month and up 0.2 percent for the year ended in March. Imports by Locality of Origin The price indexes of imports from Japan and from the Asian Newly Industrialized Countries both declined 0.1 percent in March. For the March 2002-March 2003 period, prices for imports from Japan fell 1.3 percent, while prices for imports from the Asian Newly Industrialized Countries fell 2.3 percent. Import prices from the European Union and from Latin America also fell in March, down 0.1 percent and 0.5 percent, respectively. Each index reversed an upward trend over the previous three months that was largely driven by higher petroleum prices. For the year ended in March, import prices of goods coming from the European Union were up 6.5 percent, while those coming from Latin America rose 12.2 percent. In contrast, prices of imports from Canada increased for the fourth consecutive month, rising 1.3 percent in March. Over the past 12 months, the price of imports from Canada rose 9.3 percent. Import and Export Services The import air passenger price index increased 1.2 percent in March after declining 0.5 percent in the previous month. Over the past 12 months, the index rose 5.3 percent. The export air passenger price index also increased 1.2 percent in March after declining 3.1 percent in February. For the year ended in March, the index rose 11.2 percent. The import price index for air freight increased for the fourth consecutive quarter, up 3.1 percent in March. Over the past year, the index was up 14.0 percent. The price index for export air freight was up 1.2 percent from December 2002 to March 2003, after decreasing 3.2 percent in the fourth quarter of 2002. For the year ended in March, the index was up 0.8 percent. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use Table 2 Export Price Indexes, by End Use Table 3 Import Price Indexes, by SITC Table 4 Export Price Indexes, by SITC Table 5 Import Price Indexes, by Harmonized System Table 6 Export Price Indexes, by Harmonized System Table 7 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. International Quarterly Price Indexes for Services Table 11 U.S. International Monthly Price Indexes for Services ------------------------------------------------------------------- Import and Export Price Index data for April are scheduled for release on May 14, 2003, at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. END Description 2002 2002 2002 2003 2003 USE February February March to to to to to 2003 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 ALL COMMODITIES.............................. 100.000 98.5 99.0 6.7 0.6 1.8 1.7 0.5 ALL IMPORTS EXCLUDING PETROLEUM.............. 87.409 97.2 98.1 2.4 0.2 0.3 0.4 0.9 0 FOODS, FEEDS, & BEVERAGES................... 4.008 100.8 102.1 7.5 0.3 1.0 -0.4 1.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages......... 3.010 107.2 109.2 9.7 0.2 1.7 -0.6 1.9 01 Nonagricultural foods (fish, distilled beverages)............................ 0.998 86.7 86.2 0.8 0.5 -1.0 0.1 -0.6 1 INDUSTRIAL SUPPLIES & MATERIALS............. 27.752 107.3 109.2 28.6 2.5 7.1 5.9 1.8 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM................. 15.161 99.3 104.3 15.5 0.6 2.2 2.1 5.0 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 7.895 94.0 93.7 2.9 0.1 -0.2 1.6 -0.3 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM...... 7.266 105.6 116.7 30.7 1.2 4.9 2.6 10.5 10 Fuels & lubricants......................... 14.338 120.5 123.9 62.2 5.5 15.0 10.7 2.8 100 Petroleum & petroleum products............ 12.591 119.4 117.3 52.5 5.6 14.4 11.1 -1.8 10000 Crude................................... 9.313 119.0 113.1 43.2 6.8 14.4 8.8 -5.0 11 Paper & paper base stocks.................. 1.057 89.6 92.2 4.8 -0.7 0.1 0.4 2.9 12 Materials associated with nondurable supplies & materials.................. 4.611 102.5 104.0 8.4 0.4 1.3 1.1 1.5 13 Selected building materials................ 1.817 97.1 96.5 -4.2 -1.5 0.7 1.5 -0.6 14 Unfinished metals related to durable goods......................... 3.051 93.3 93.0 11.0 1.1 -1.1 3.1 -0.3 15 Finished metals related to durable goods... 1.365 96.5 96.1 -1.0 0.0 -0.6 0.3 -0.4 16 Nonmetals related to durable goods......... 1.513 97.8 98.3 1.1 0.2 0.2 0.5 0.5 2 CAPITAL GOODS............................... 28.097 94.0 94.0 -1.3 -0.1 0.0 0.1 0.0 20 Electric generating equipment.............. 3.281 95.5 95.6 0.1 0.1 0.4 0.2 0.1 21 Nonelectrical machinery.................... 22.334 92.8 92.8 -1.7 -0.1 -0.1 0.1 0.0 22 Transportation equipment excluding motor vehicles (200112=100)........... 2.482 101.4 101.5 1.0 -0.1 0.2 0.2 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 16.744 100.4 100.5 0.6 0.1 -0.2 0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................... 23.378 98.0 98.1 -0.1 0.1 0.0 0.0 0.1 40 Nondurables, manufactured.................. 11.342 99.9 100.1 0.9 0.4 0.0 0.2 0.2 41 Durables, manufactured..................... 10.809 96.4 96.2 -1.1 -0.2 0.0 -0.1 -0.2 42 Nonmanufactured consumer goods............. 1.227 95.5 95.7 -0.4 0.2 0.1 0.0 0.2 1 Relative importance figures 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 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. END Description 2002 2002 2002 2003 2003 USE February February March to to to to to 2003 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 ALL COMMODITIES.............................. 100.000 99.4 99.7 2.2 -0.2 0.3 0.5 0.3 AGRICULTURAL COMMODITIES..................... 7.633 108.0 108.0 9.2 -0.5 0.3 -0.5 0.0 NONAGRICULTURAL COMMODITIES.................. 92.367 98.7 99.0 1.5 -0.2 0.4 0.5 0.3 0 FOODS, FEEDS, & BEVERAGES................... 6.989 108.4 108.7 9.0 -0.8 0.1 -0.4 0.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages......... 6.405 108.9 108.6 8.6 -0.8 0.0 -0.5 -0.3 01 Nonagricultural foods (fish, distilled beverages)............................ 0.584 104.6 110.4 12.3 0.3 0.5 1.8 5.5 1 INDUSTRIAL SUPPLIES & MATERIALS............. 23.122 99.0 100.5 9.4 -0.1 1.2 1.9 1.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.294 98.7 99.1 5.0 0.2 0.7 1.4 0.4 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE.......................... 13.827 99.4 101.6 12.4 -0.2 1.7 2.1 2.2 10 Agricultural industrial supplies & materials............................. 1.228 103.8 105.2 12.4 1.8 1.5 0.4 1.3 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS........................... 21.894 98.7 100.2 9.2 -0.1 1.3 1.9 1.5 11 Fuels & lubricants......................... 2.330 103.7 108.5 26.8 -0.3 5.4 7.8 4.6 12 Nonagricultural supplies & materials excluding fuels & building materials.. 18.419 98.5 99.7 7.7 -0.1 0.9 1.2 1.2 13 Selected building materials................ 1.145 96.6 96.5 2.4 -0.4 -0.1 0.5 -0.1 2 CAPITAL GOODS............................... 47.324 98.4 98.3 -1.1 -0.2 0.2 0.1 -0.1 20 Electrical generating equipment............ 4.913 101.4 101.4 -0.7 -0.1 0.0 -0.5 0.0 21 Nonelectrical machinery.................... 35.052 95.8 95.6 -1.9 -0.3 0.1 0.3 -0.2 22 Transportation equipment excluding motor vehicles (200112=100)........... 7.359 103.4 103.5 2.6 0.0 0.8 0.1 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 10.939 101.4 101.3 0.4 -0.1 0.1 0.0 -0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................... 11.588 99.3 99.3 0.2 0.0 -0.2 0.2 0.0 40 Nondurables, manufactured.................. 5.667 98.8 98.6 0.5 0.1 -0.5 0.6 -0.2 41 Durables, manufactured..................... 5.256 99.4 99.6 -0.1 -0.1 -0.1 -0.1 0.2 42 Nonmanufactured consumer goods (200112=100).................... 0.664 100.9 101.6 0.6 0.1 0.2 0.0 0.7 1 Relative importance figures 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 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. SITC Description 2002 2002 2002 2003 2003 Rev. 3 February February March to to to to to 2003 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 ALL COMMODITIES................................... 100.000 98.5 99.0 6.7 0.6 1.8 1.7 0.5 0 FOOD AND LIVE ANIMALS........................... 3.161 99.4 100.5 4.3 1.2 1.4 -0.8 1.1 01 Meat and meat preparations................ 0.356 107.4 107.5 -2.1 5.5 -4.8 5.6 0.1 03 Fish, crustaceans, aquatic invertebrates and preparations thereof........... 0.690 80.6 79.9 -0.6 0.6 -2.4 0.1 -0.9 05 Vegetables, fruit and nuts, fresh or dried..................... 0.830 103.4 109.9 5.7 -0.6 5.5 -7.2 6.3 07 Coffee, tea, cocoa, spices and manufactures thereof............... 0.447 106.8 100.1 20.2 1.3 4.1 2.7 -6.3 2/ Other food and live animals..................... 0.837 108.7 110.8 2.8 1.9 1.5 0.8 1.9 1 BEVERAGES AND TOBACCO........................... 0.826 103.3 103.7 1.6 0.2 0.2 0.4 0.4 11 Beverages................................. 0.722 102.7 102.9 0.4 0.2 0.0 0.3 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS......... 1.871 97.5 98.7 3.0 -0.4 1.1 2.1 1.2 24 Cork and wood............................. 0.689 97.0 95.0 -10.9 -2.1 0.7 2.4 -2.1 25 Woodpulp and recovered paper.............. 0.234 80.2 87.0 16.2 -2.0 -0.3 1.9 8.5 28 Metalliferous ores and metal scrap........ 0.315 99.1 99.9 6.6 0.9 0.8 3.8 0.8 29 Crude animal and vegetable materials, n.e.s.............................. 0.236 102.0 102.3 10.8 1.5 2.2 -1.5 0.3 2/ Other crude materials, inedible, except fuels.................................... 0.215 98.5 100.4 5.7 0.1 0.3 3.1 1.9 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS............................. 14.144 120.8 124.7 63.2 5.0 15.3 10.4 3.2 33 Petroleum, petroleum products and related materials.................. 12.399 119.3 117.0 51.2 4.9 14.5 10.6 -1.9 34 Gas, natural and manufactured............. 1.668 129.3 183.1 182.6 5.3 21.4 9.8 41.6 5 CHEMICALS AND RELATED PRODUCTS, N.E.S........... 6.414 100.7 102.1 6.0 0.2 0.8 1.7 1.4 51 Organic chemicals......................... 2.507 101.3 101.8 5.4 0.6 -0.1 2.9 0.5 52 Inorganic chemicals....................... 0.565 106.7 109.4 11.9 0.0 1.7 2.4 2.5 53 Dyeing, tanning and coloring materials.... 0.225 97.5 97.6 0.4 0.8 -0.2 1.0 0.1 54 Medicinal and pharmaceutical products..... 1.291 101.6 102.2 6.5 -0.1 2.6 -0.2 0.6 55 Essential oils; polishing and cleansing preps.............................. 0.300 97.9 98.4 -1.4 0.4 -2.0 0.7 0.5 57 Plastics in primary forms................. 0.545 97.9 99.3 8.5 -1.3 2.6 0.6 1.4 58 Plastics in nonprimary forms.............. 0.366 100.3 100.6 0.0 0.0 0.6 0.1 0.3 59 Chemical materials and products, n.e.s.... 0.461 93.1 97.6 4.3 0.9 0.7 1.0 4.8 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL........................... 10.902 94.2 94.3 2.3 0.1 -0.5 1.1 0.1 62 Rubber manufactures, n.e.s................ 0.643 99.1 99.1 1.5 -0.1 -0.2 0.0 0.0 63 Cork and wood manufactures other than furniture.......................... 0.595 93.5 94.6 -1.7 -2.7 0.7 3.4 1.2 64 Paper and paperboard, cut to size......... 1.211 92.7 93.6 0.2 -0.3 -0.4 0.1 1.0 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod. 1.300 99.6 99.5 2.3 -0.6 0.7 1.1 -0.1 66 Nonmetallic mineral manufactures, n.e.s.............................. 2.163 97.8 97.7 0.8 0.1 -0.1 0.2 -0.1 67 Iron and steel............................ 1.548 101.2 99.8 9.8 1.1 -1.2 0.5 -1.4 68 Nonferrous metals......................... 1.481 79.2 80.1 4.2 0.9 -1.6 4.1 1.1 69 Manufactures of metals, n.e.s............. 1.850 98.0 97.9 -0.6 0.0 -0.8 0.5 -0.1 7 MACHINERY AND TRANSPORT EQUIPMENT............... 45.528 96.0 95.9 -1.2 -0.1 -0.1 0.0 -0.1 71 Power generating machinery and equipment.......................... 2.883 98.8 98.8 0.8 0.0 0.0 0.1 0.0 72 Machinery specialized for particular industries......................... 1.940 100.3 100.7 2.2 0.5 0.2 0.9 0.4 73 Metalworking machinery.................... 0.682 103.1 104.0 5.7 0.3 0.6 1.1 0.9 74 General industrial machinery, equipment, & machine parts, n.e.s.. 2.994 99.3 99.7 2.3 0.0 0.0 0.7 0.4 75 Computer equipment and office machines.... 6.686 83.5 82.9 -5.9 -0.5 -0.5 -0.4 -0.7 76 Telecommunications & sound recording & reproducing apparatus & equipment 5.549 90.6 90.0 -5.1 -0.1 -0.3 -1.2 -0.7 77 Electrical machinery and equipment........ 9.049 95.7 95.6 -1.2 -0.3 -0.2 0.3 -0.1 78 Road vehicles............................. 14.039 100.6 100.6 0.5 0.0 -0.1 0.2 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES............. 16.679 99.3 99.5 0.7 0.2 0.1 0.2 0.2 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s......... 0.424 95.9 95.9 -3.0 -0.9 0.1 0.2 0.0 82 Furniture and parts thereof............... 1.631 99.6 99.4 0.3 0.0 0.1 0.1 -0.2 83 Travel goods, handbags and similar containers......................... 0.380 99.2 101.7 2.4 -1.0 0.0 -0.4 2.5 84 Articles of apparel and clothing accessories........................ 5.600 100.7 100.8 0.7 0.8 0.1 0.1 0.1 85 Footwear.................................. 1.278 99.6 99.8 0.3 0.2 -0.1 0.1 0.2 87 Professional, scientific and controlling instruments and apparatus, n.e.s... 1.869 98.4 98.6 0.7 0.2 0.2 0.0 0.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.. 1.236 99.2 99.4 2.3 0.2 0.3 0.4 0.2 89 Miscellaneous manufactured articles, n.e.s.............................. 4.261 97.8 98.1 0.8 -0.1 0.0 0.3 0.3 1 Relative importance figures are based on 2000 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, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. SITC Description 2002 2002 2002 2003 2003 Rev. 3 February February March to to to to to 2003 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 ALL COMMODITIES................................... 100.000 99.4 99.7 2.2 -0.2 0.3 0.5 0.3 0 FOOD AND LIVE ANIMALS........................... 5.694 106.1 106.2 5.9 -0.8 -0.1 0.4 0.1 01 Meat and meat preparations................ 0.934 95.5 97.2 4.3 2.8 0.9 4.8 1.8 03 Fish, crustaceans, aquatic invertebrates and preparations thereof........... 0.416 104.6 108.2 14.7 2.0 1.4 1.5 3.4 04 Cereals and cereal preparations........... 1.827 123.2 122.1 15.8 -4.1 -2.6 0.2 -0.9 05 Vegetables, fruit and nuts, fresh or dried..................... 1.070 97.4 96.0 -6.3 -0.6 2.3 -3.2 -1.4 08 Feeding stuff for animals (not including unmilled cereals)........ 0.576 104.9 105.5 5.9 0.9 1.4 0.0 0.6 09 Miscellaneous edible products and preparations....................... 0.407 101.0 101.2 0.5 -0.2 0.3 0.2 0.2 2/ Other food and live animals..................... 0.463 100.9 100.8 2.9 0.7 -0.6 1.0 -0.1 1 BEVERAGES AND TOBACCO........................... 0.891 97.5 97.4 0.0 0.3 -1.5 0.3 -0.1 12 Tobacco and tobacco manufactures.......... 0.678 96.0 95.9 -0.9 0.2 -2.0 0.2 -0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS......... 3.895 100.7 101.9 16.2 0.2 0.9 1.3 1.2 22 Oil seeds and oleaginous fruits........... 0.870 116.6 116.6 26.7 -0.6 2.8 -2.3 0.0 24 Cork and wood............................. 0.536 91.1 91.1 4.5 -0.4 0.7 0.2 0.0 25 Woodpulp and recovered paper.............. 0.538 86.0 89.0 20.1 -3.0 -3.4 4.5 3.5 26 Textile fibers and their waste............ 0.438 101.7 105.0 21.8 2.0 1.9 1.5 3.2 28 Metalliferous ores and metal scrap........ 0.608 104.8 104.9 20.2 4.9 3.1 5.5 0.1 2/ Other crude materials, inedible, except fuels.................................... 0.905 105.8 107.4 7.6 -0.2 -0.1 0.9 1.5 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS............................. 2.234 123.8 130.7 45.5 -4.8 12.6 10.5 5.6 32 Coal, coke and briquettes................. 0.350 113.7 113.9 2.8 -0.3 0.0 0.0 0.2 33 Petroleum, petroleum products and related materials.................. 1.664 122.9 130.2 55.7 -7.4 17.2 13.7 5.9 5 CHEMICALS AND RELATED PRODUCTS, N.E.S........... 10.931 98.7 99.8 7.1 -0.2 1.3 0.8 1.1 51 Organic chemicals......................... 2.467 97.3 99.5 17.2 -1.0 2.4 0.1 2.3 52 Inorganic chemicals....................... 0.723 97.8 97.8 -3.7 0.5 0.8 0.1 0.0 53 Dyeing, tanning and coloring materials.... 0.552 98.2 98.3 1.3 0.0 0.0 0.2 0.1 54 Medicinal and pharmaceutical products..... 1.833 104.0 104.0 3.5 0.0 0.9 1.9 0.0 55 Essential oils; polishing and cleansing preps.............................. 0.711 96.0 96.3 -1.3 0.1 -2.0 0.6 0.3 56 Fertilizers............................... 0.345 105.5 108.2 10.3 4.4 -1.0 2.1 2.6 57 Plastics in primary forms................. 1.795 97.1 100.2 14.4 -0.6 2.4 2.1 3.2 58 Plastics in nonprimary forms.............. 0.808 97.5 97.3 1.6 -1.6 1.3 0.4 -0.2 59 Chemical materials and products, n.e.s.... 1.696 100.7 100.9 3.0 0.3 1.9 0.0 0.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL........................... 9.628 99.2 99.3 2.7 0.0 0.0 0.2 0.1 62 Rubber manufactures, n.e.s................ 0.768 106.4 106.2 5.4 0.2 0.4 0.4 -0.2 64 Uncoated Paper/paperboard, and linerboard..................... 1.432 97.1 96.7 4.5 0.2 0.5 -0.2 -0.4 65 Textile yarn, fabrics, and made-up articles, n.e.s............ 1.494 101.7 101.9 4.2 -0.2 -0.1 0.7 0.2 66 Nonmetallic mineral manufactures, n.e.s.............................. 1.413 100.4 100.4 -1.7 0.0 -0.8 -0.1 0.0 67 Iron and steel............................ 0.883 104.3 104.5 8.2 -0.2 0.1 -0.1 0.2 68 Nonferrous metals......................... 0.924 83.3 84.4 -0.8 0.4 -1.6 1.3 1.3 69 Manufactures of metals, n.e.s............. 2.296 103.7 103.4 1.5 -0.1 0.3 0.1 -0.3 2/ Other manufactured goods classified chiefly by material (200112=100)......... 0.418 104.4 104.4 4.2 0.2 0.0 1.3 0.0 7 MACHINERY AND TRANSPORT EQUIPMENT............... 53.577 98.6 98.5 -1.0 -0.2 0.1 0.0 -0.1 71 Power generating machinery and equipment.......................... 4.797 106.8 106.9 2.2 -0.1 1.3 0.3 0.1 72 Machinery specialized for particular industries......................... 4.476 102.3 102.2 1.1 0.0 0.5 0.1 -0.1 73 Metalworking machinery.................... 0.906 101.5 101.5 1.5 -0.1 0.2 0.8 0.0 74 General industrial machinery, equipment, & parts, n.e.s.......... 4.804 102.3 102.3 0.1 -0.7 0.4 0.3 0.0 75 Computer equipment and office machines.... 6.953 89.1 88.2 -5.3 0.0 0.2 0.3 -1.0 76 Telecommunications & sound recording & reproducing apparatus & equipment 4.271 95.3 95.0 -2.6 -0.5 -0.4 -0.1 -0.3 77 Electrical machinery and equipment........ 13.809 92.3 92.2 -2.6 -0.5 -0.4 -0.2 -0.1 78 Road vehicles............................. 8.187 101.0 100.8 0.5 0.1 0.1 -0.1 -0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES............. 11.825 100.7 100.7 0.2 0.1 -0.1 0.2 0.0 82 Furniture and parts thereof............... 0.709 101.1 101.1 -0.6 -0.1 0.0 -0.3 0.0 84 Articles of apparel and clothing accessories........................ 1.138 97.6 97.6 -0.7 -0.7 -0.3 0.7 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s... 4.449 102.0 102.0 0.8 0.2 0.3 0.0 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.. 1.128 96.3 97.2 0.6 0.3 -1.5 0.4 0.9 89 Miscellaneous manufactured articles, n.e.s.............................. 4.018 101.0 100.8 -0.1 0.4 -0.2 0.1 -0.2 2/ Other miscellaneous manufactured articles................................. 0.383 103.0 103.4 1.7 0.2 0.5 0.6 0.4 1 Relative importance figures are based on 2000 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, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance March Nov. Dec. Jan. Feb. nized Description 2002 2002 2002 2003 2003 System February February March to to to to to 2003 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 I LIVE ANIMALS; ANIMAL PRODUCTS..................... 1.223 93.7 94.5 4.2 2.5 -1.7 2.7 0.9 02 Meat and edible meat offal.................. 0.312 107.9 108.2 -1.6 6.1 -5.3 6.0 0.3 03 Fish and crustaceans, molluscs and other aquatic invertebrates.......... 0.568 81.7 80.7 0.6 -0.2 -1.9 0.9 -1.2 2/ Other live animals; animal products......... 0.343 114.5 120.3 16.5 4.3 2.1 2.8 5.1 II VEGETABLE PRODUCTS................................ 1.194 102.5 103.3 8.4 0.5 2.4 -3.4 0.8 07 Edible vegetables, roots, and tubers........ 0.255 110.0 123.4 6.1 0.8 12.6 -13.4 12.2 08 Edible fruit and nuts; peel of citrus fruit or melons...................... 0.340 99.2 98.1 8.4 -0.5 -1.7 -0.5 -1.1 09 Coffee, tea, mate and spices................ 0.243 86.8 79.4 4.1 1.2 0.7 0.7 -8.5 2/ Other vegetable products.................... 0.356 111.0 111.9 13.4 0.7 0.2 -0.7 0.8 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO................................. 1.953 107.9 107.2 6.3 0.7 1.1 0.9 -0.6 20 Preparations of vegetables, fruit, nuts, or other parts of plants....... 0.230 99.1 98.3 2.6 0.1 -1.3 0.3 -0.8 22 Beverages, spirits, and vinegar............. 0.736 102.0 102.1 0.7 0.4 0.0 0.4 0.1 2/ Other prepared foodstuffs................... 0.987 115.4 113.9 12.1 1.1 2.7 1.5 -1.3 V MINERAL PRODUCTS.................................. 14.393 119.3 120.8 56.7 5.4 15.3 9.7 1.3 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 14.177 118.4 120.0 57.9 5.4 15.4 9.8 1.4 2/ Other mineral products (200112=100)......... 0.216 100.3 100.4 2.2 0.1 1.8 0.3 0.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES.............................. 5.770 99.8 101.1 5.9 0.1 0.5 1.7 1.3 28 Inorganic chemicals......................... 0.621 103.5 107.0 14.2 0.1 1.9 2.6 3.4 29 Organic chemicals........................... 2.634 99.6 100.1 5.3 0.1 0.7 2.4 0.5 30 Pharmaceutical products..................... 1.062 100.6 101.4 5.1 0.2 0.0 0.1 0.8 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty.... 0.229 97.7 97.9 1.5 1.3 0.0 1.1 0.2 33 Essential oils and resinoids (200112=100)............... 0.232 100.8 101.7 2.3 0.6 -1.6 1.0 0.9 37 Photographic or cinematographic goods....... 0.220 97.7 97.0 0.0 0.1 0.2 -0.4 -0.7 38 Miscellaneous chemical products............. 0.361 95.5 95.9 1.9 0.6 0.3 0.1 0.4 2/ Other products of the chemical or allied industries..................... 0.409 100.1 107.8 11.4 -0.5 -0.2 3.6 7.7 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF.................... 2.563 101.2 102.3 5.6 -0.1 1.0 0.4 1.1 39 Plastics and articles thereof............... 1.657 100.2 101.2 4.7 -0.4 1.1 0.3 1.0 40 Rubber and articles thereof................. 0.906 103.1 104.6 7.4 0.8 0.5 0.6 1.5 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC....................... 0.737 98.3 99.5 1.3 -0.4 -0.3 -0.1 1.2 42 Articles of leather; travel goods, bags, etc. of various materials............ 0.613 99.0 100.4 1.4 -0.5 0.0 -0.1 1.4 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK............... 1.330 96.4 95.5 -6.4 -2.4 0.3 2.7 -0.9 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS.......................... 1.783 92.6 94.0 2.3 -0.4 -0.1 0.3 1.5 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard..... 0.237 81.4 87.7 17.6 -1.9 1.1 1.6 7.7 48 Paper and paperboard; articles of paper pulp, paper or paperboard............ 1.218 92.0 92.7 -0.2 -0.2 -0.4 0.1 0.8 49 Printed matter.............................. 0.328 110.7 110.7 1.5 0.0 0.1 0.0 0.0 XI TEXTILE AND TEXTILE ARTICLES...................... 6.482 100.1 100.1 1.3 0.8 0.0 0.5 0.0 61 Articles of apparel and clothing accessories, knitted or crocheted.... 2.302 100.6 100.9 3.2 2.2 -0.4 0.5 0.3 62 Articles of apparel and clothing accessories, not knitted or crocheted 2.843 100.1 100.1 -0.7 0.0 0.4 -0.1 0.0 63 Made-up or worn textile articles............ 0.374 94.8 93.6 -4.3 -0.4 0.0 0.0 -1.3 2/ Other textile & textile articles............ 0.963 101.2 101.3 5.5 0.5 0.1 1.9 0.1 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC................. 1.500 99.1 99.3 0.0 0.1 -0.1 0.1 0.2 64 Footwear and parts of such articles........ 1.280 99.6 99.8 0.3 0.2 -0.1 0.1 0.2 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc.............. 0.220 96.6 96.4 -1.7 0.1 0.0 0.1 -0.2 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC..................... 1.053 102.1 102.1 1.5 0.2 -0.1 0.3 0.0 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)....... 0.297 99.2 99.5 -0.3 0.0 -0.1 0.2 0.3 69 Ceramic products............................ 0.361 102.4 102.8 3.4 0.1 -0.2 0.2 0.4 70 Glass and glassware......................... 0.395 103.8 103.2 1.2 0.2 0.0 0.5 -0.6 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS............ 2.297 89.0 88.3 2.3 -0.2 -0.3 2.7 -0.8 XV BASE METALS AND ARTICLES OF BASE METAL............ 4.722 95.9 96.2 5.4 0.9 -0.1 1.4 0.3 72 Iron and steel.............................. 1.311 103.7 102.7 14.9 1.4 -0.6 3.0 -1.0 73 Articles of iron or steel................... 1.158 95.2 95.5 -1.2 0.3 -0.5 -0.5 0.3 74 Copper and articles thereof................. 0.414 92.7 92.5 1.1 0.7 0.4 2.7 -0.2 76 Aluminum and articles thereof............... 0.759 97.3 99.3 5.2 1.6 0.5 0.4 2.1 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.. 0.390 99.5 99.4 0.1 -0.2 0.0 0.4 -0.1 83 Miscellaneous articles of base metal........ 0.411 101.9 102.3 3.1 0.3 0.2 0.8 0.4 2/ Miscellaneous nonferrous metals and articles, including scrap............. 0.278 70.9 72.7 13.4 2.5 0.4 5.5 2.5 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC..... 29.561 93.2 93.1 -2.0 -0.1 -0.2 0.0 -0.1 84 Machinery and mechanical appliances; parts thereof........................ 14.514 93.0 93.0 -1.6 -0.1 -0.2 0.1 0.0 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts 15.047 93.4 93.1 -2.5 -0.2 -0.2 -0.1 -0.3 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT.......... 15.844 100.9 101.0 0.6 0.1 -0.1 0.2 0.1 87 Motor vehicles and their parts.............. 14.284 100.6 100.6 0.5 0.1 -0.1 0.2 0.0 88 Aircraft, spacecraft, and parts thereof (200212=100)................. 1.458 100.6 100.7 n.a. n.a. 0.2 0.4 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES....... 3.545 98.7 98.9 1.0 0.2 0.1 0.3 0.2 90 Optical, photographic, measuring and medical instruments.................. 3.106 98.0 98.2 0.7 0.1 0.2 0.2 0.2 91 Clocks and watches and parts thereof........ 0.319 105.7 105.9 5.3 0.5 -0.1 0.8 0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES............... 3.881 97.5 97.4 -0.1 -0.1 -0.2 0.3 -0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg 2.020 97.9 97.7 -0.2 -0.1 0.1 0.2 -0.2 95 Toys, games and sports equipment; parts and accessories thereof.............. 1.618 97.1 97.2 -0.3 0.1 -0.2 0.1 0.1 96 Miscellaneous manufactured articles......... 0.243 98.1 97.9 2.5 0.3 -2.3 1.9 -0.2 1 Relative importance figures are based on 2000 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, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance March Nov. Dec. Jan. Feb. nized Description 2002 2002 2002 2003 2003 System February February March to to to to to 2003 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 I LIVE ANIMALS; ANIMAL PRODUCTS..................... 1.531 98.1 100.6 5.7 1.9 0.4 3.3 2.5 02 Meat & edible meat offal.................... 0.885 97.1 99.0 3.9 3.1 0.4 5.0 2.0 03 Fish and crustaceans, molluscs and other aquatic invertebrates.......... 0.369 103.1 109.1 15.1 0.4 1.1 1.8 5.8 2/ Other live animals and animal products.............................. 0.276 98.8 98.6 -0.1 0.2 -0.4 0.0 -0.2 II VEGETABLE PRODUCTS................................ 3.673 114.9 113.9 11.3 -2.3 -0.1 -2.0 -0.9 08 Edible fruit and nuts; peel of citrus fruit or melons...................... 0.497 91.9 88.8 -4.3 -0.8 -3.5 -0.3 -3.4 10 Cereals..................................... 1.641 124.7 123.5 17.4 -4.4 -2.9 0.2 -1.0 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder..... 1.045 116.3 116.2 21.5 -0.5 2.2 -1.9 -0.1 III ANIMAL OR VEGETABLE FATS AND OILS................. 0.289 144.5 144.6 27.4 5.4 0.7 -4.4 0.1 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO................................. 2.583 100.9 101.1 1.9 0.1 -0.1 0.7 0.2 20 Preparations of vegetables, fruit, nuts, or other parts of plants....... 0.314 105.0 105.0 2.5 -0.3 1.9 1.2 0.0 21 Miscellaneous edible preparations........... 0.350 101.1 101.3 0.6 -0.2 0.2 0.2 0.2 23 Residues and waste from the food industries; prepared animal feed..... 0.525 105.5 106.5 6.1 1.0 1.1 0.2 0.9 24 Tobacco and manufactured tobacco substitutes.......................... 0.682 96.0 95.9 -0.9 0.2 -2.0 0.2 -0.1 2/ Other prepared foods........................ 0.713 102.1 102.2 2.4 -0.2 -0.2 1.8 0.1 V MINERAL PRODUCTS.................................. 2.505 113.6 118.6 32.5 -0.1 7.1 8.7 4.4 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 2.129 117.2 123.2 36.9 -1.0 7.7 9.9 5.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES.............................. 8.941 99.3 100.9 7.6 -0.2 0.9 0.8 1.6 28 Inorganic chemicals......................... 0.799 99.3 99.2 -1.5 0.5 0.8 1.6 -0.1 29 Organic chemicals........................... 2.822 99.1 103.0 20.5 -0.9 2.0 0.9 3.9 30 Pharmaceutical products..................... 1.466 102.6 102.6 3.5 -0.1 0.7 1.7 0.0 31 Fertilizers................................. 0.337 102.0 107.0 8.7 -0.8 -1.0 1.6 4.9 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks....... 0.572 98.4 98.5 0.4 0.1 -0.2 0.3 0.1 33 Essential oils and resinoids; perfumery, cosmetic or toilet........ 0.513 95.8 96.4 -3.5 0.2 -3.6 0.7 0.6 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes... 0.313 99.2 99.3 2.2 0.0 -0.4 -0.3 0.1 37 Photographic or cinematographic goods....... 0.448 96.7 98.0 5.0 0.4 0.2 0.9 1.3 38 Miscellaneous chemical products............. 1.442 99.8 100.0 2.8 0.3 1.7 -0.1 0.2 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF.................... 4.767 100.4 102.0 7.7 -0.5 1.3 1.0 1.6 39 Plastics and articles thereof............... 3.769 98.9 100.7 7.7 -0.7 1.7 1.1 1.8 40 Rubber and articles thereof................. 0.998 106.0 106.6 7.9 0.4 0.1 0.6 0.6 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC....................... 0.480 106.0 108.1 8.4 -0.9 -0.4 0.8 2.0 41 Raw hides and skins (other than furskins) and leather................ 0.351 108.3 111.3 11.0 -1.3 -0.6 0.8 2.8 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK............... 0.811 93.4 93.2 2.9 -0.3 0.3 0.4 -0.2 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS.......................... 2.612 93.1 93.2 5.4 -0.4 -0.4 0.9 0.1 47 Woodpulp and recovered paper................ 0.519 82.3 84.9 15.8 -3.1 -3.3 4.2 3.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard............ 1.459 94.5 94.2 4.3 0.3 0.5 0.0 -0.3 49 Printed material............................ 0.633 104.4 103.0 0.4 0.2 -0.4 0.4 -1.3 XI TEXTILE AND TEXTILE ARTICLES...................... 2.877 96.4 97.4 3.8 0.0 -0.3 0.6 1.0 52 Cotton, including yarns and woven fabrics thereof...................... 0.438 86.2 88.6 19.1 1.6 0.6 0.9 2.8 54 Manmade filaments, yarns and woven fabrics (200112=100)................. 0.313 99.4 105.0 5.5 -0.4 0.1 0.7 5.6 61 Apparel & clothing knitted or crocheted (200112=100)............ 0.578 95.7 95.7 -3.9 -0.7 -1.9 0.7 0.0 62 Apparel Articles & Accessories, not knitted.......................... 0.465 96.7 96.7 0.6 0.0 0.0 0.9 0.0 2/ Other textile and textile articles (200112=100)................. 1.083 106.2 106.1 3.5 -0.1 0.0 0.3 -0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC..................... 0.835 99.6 99.6 -1.2 0.0 -0.4 0.1 0.0 70 Glass and glassware......................... 0.503 96.8 96.8 -3.4 0.0 -0.6 -0.2 0.0 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS............ 1.962 94.4 93.9 6.9 -0.2 1.0 5.0 -0.5 XV BASE METALS AND ARTICLES OF BASE METALS........... 4.276 99.0 99.8 3.4 0.5 -0.1 0.5 0.8 72 Iron and steel.............................. 0.710 100.0 101.1 9.7 -0.3 0.2 1.6 1.1 73 Articles of iron or steel................... 1.290 103.7 103.8 2.6 -0.1 1.1 -0.1 0.1 74 Copper and articles thereof................. 0.440 92.3 94.2 5.8 2.9 -0.8 2.0 2.1 76 Aluminum and articles thereof............... 0.720 94.9 96.1 2.5 1.3 0.7 -0.3 1.3 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.. 0.408 100.2 100.2 -1.3 0.0 -3.0 0.5 0.0 83 Miscellaneous articles of base metal........ 0.462 104.8 105.0 0.3 0.0 0.5 -0.1 0.2 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC... 40.060 96.5 96.3 -1.7 -0.3 0.2 0.1 -0.2 84 Machinery and mechanical appliances; parts thereof........................ 21.245 99.3 99.0 -0.8 -0.1 0.5 0.4 -0.3 85 Electrical machinery and equipment and parts and accessories thereof.... 18.815 93.2 93.1 -2.8 -0.5 -0.2 -0.3 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT.......... 13.689 104.1 104.0 1.1 0.1 0.2 0.0 -0.1 87 Motor vehicles and their parts.............. 8.466 100.9 100.8 0.6 0.0 0.1 -0.1 -0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES....... 6.319 101.1 101.2 0.6 0.1 0.1 0.1 0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES............... 1.625 100.5 100.5 -1.0 0.0 -0.7 0.0 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;... 0.900 101.5 101.5 -0.5 -0.1 -0.1 -0.1 0.0 95 Toys, games and sports equipment; parts and accessories thereof.............. 0.557 98.9 98.9 -2.5 0.0 -1.6 0.0 0.0 1 Relative importance figures are based on 2000 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, March 2002-March 2003 2000=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly Trade March Nov. Dec. Jan. Feb. Description 2002 2002 2002 2003 2003 February March to to to to to 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 2/ Industrialized Countries..................... 51.536 99.3 99.6 5.6 0.2 1.0 1.6 0.3 Manufactured Goods...................... 47.500 97.9 98.1 2.6 0.0 0.2 1.0 0.2 Nonmanufactured Goods................... 3.633 123.4 125.1 50.9 3.9 11.0 8.2 1.4 3/ Other Countries.............................. 47.115 97.8 96.5 6.2 1.2 2.8 1.9 -1.3 Manufactured Goods...................... 39.179 97.2 96.4 0.8 0.3 0.8 0.6 -0.8 Nonmanufactured Goods................... 7.843 116.4 112.4 38.3 6.2 12.1 7.7 -3.4 Canada....................................... 18.515 103.7 105.0 9.3 0.1 2.2 2.3 1.3 Manufactured Goods...................... 15.442 100.3 101.1 2.0 -0.8 0.6 0.8 0.8 Nonmanufactured Goods................... 2.749 126.6 131.0 56.3 4.7 11.2 8.6 3.5 4/ European Union............................... 17.316 103.8 103.7 6.5 0.4 0.7 2.2 -0.1 Manufactured Goods...................... 16.884 104.0 103.9 5.9 0.4 0.4 2.2 -0.1 Nonmanufactured Goods................... 0.375 118.5 114.4 32.1 3.0 10.3 3.2 -3.5 5/ Latin America................................ 17.310 106.0 105.5 12.2 1.7 3.8 3.2 -0.5 Manufactured Goods...................... 13.644 107.8 108.2 6.6 0.4 1.4 2.4 0.4 Nonmanufactured Goods................... 3.634 119.2 115.5 38.3 7.5 13.0 6.2 -3.1 Japan........................................ 12.262 94.5 94.4 -1.3 0.1 -0.3 0.2 -0.1 6/ Asian Newly Industrialized Countries......... 9.281 91.3 91.2 -2.3 -0.4 0.0 0.0 -0.1 1 Percentage of trade figures are based on 2000 trade values. 2 Defined according to the BEA definition for Industrialized Countries which includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa. 3 Defined according to the BEA definition for Other Countries, which 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 Hong Kong, Singapore, South Korea and Taiwan. 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 March 2002-March 2003 2000 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 2002 2002 2002 2002 2002 of December March to to to to to Dollars) 2002 2003 March June Sept. Dec. March 1/ 2003 2002 2002 2002 2003 IMPORT Air Freight................................ 4168 106.9 110.2 14.0 3.1 1.5 5.6 3.1 Atlantic............................ 1519 106.1 112.4 16.5 5.2 -0.2 4.7 5.9 Pacific............................. 2412 103.8 105.5 13.4 1.4 3.1 6.8 1.6 EXPORT....................................... Air Freight................................ 2836 95.2 96.3 0.8 2.5 0.4 -3.2 1.2 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 March 2002-March 2003 2000 = 100, unless otherwise noted Index Percent Change Annual Monthly Trade March Nov. Dec. Jan. Feb. Description (Mil. 2002 2002 2002 2003 2003 of February March to to to to to Dollars) 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 IMPORT Air Passenger Fares........................ 18253 107.3 108.6 5.3 1.5 0.6 -0.5 1.2 Europe.............................. 11250 99.6 102.2 5.6 -0.3 0.6 -0.1 2.6 Asia................................ 2626 108.4 107.5 11.2 7.0 -1.4 -3.7 -0.8 Latin America / Caribbean........... 1916 107.7 109.2 -1.6 3.8 -0.3 1.4 1.4 EXPORT Air Passenger Fares........................ 20319 107.1 108.4 11.2 0.1 7.1 -3.1 1.2 Europe.............................. 5394 123.2 126.0 18.2 1.1 4.9 -0.6 2.3 Asia................................ 8936 95.8 97.3 11.6 1.5 10.9 -5.9 1.6 Latin America / Caribbean........... 3474 119.3 116.7 -4.8 -4.3 6.9 -4.3 -2.2 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. International Quarterly Price Indexes and Percent Changes for Selected Categories of Services March 2002-March 2003 2000 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 2002 2002 2002 2002 2002 of December March to to to to to Dollars) 2002 2003 March June Sept. Dec. March 1/ 2003 2002 2002 2002 2003 Air Freight (Inbound)...................... 7483 105.9 108.9 16.0 4.7 2.0 5.6 2.8 Atlantic.............................. 2607 110.3 116.1 18.5 7.2 0.2 4.7 5.3 Pacific............................... 4314 102.2 103.6 16.3 3.5 3.8 6.8 1.4 Air Freight (Outbound)..................... 5193 95.4 97.2 1.4 2.6 -1.1 -2.0 1.9 Atlantic.............................. 2094 97.6 98.4 0.6 1.7 -0.3 -1.6 0.8 Pacific............................... 2639 95.1 97.6 2.2 3.4 -2.2 -1.5 2.6 Ocean Liner Freight (Inbound).............. 17817 93.3 95.5 4.1 -1.5 3.5 -0.2 2.4 U.S. East Coast....................... 6938 98.5 103.7 8.2 -0.8 3.4 0.3 5.3 from Atlantic................... 3022 108.2 111.5 10.2 -0.1 6.7 0.3 3.0 from Pacific.................... 2817 86.5 92.4 6.2 -3.0 2.5 0.0 6.8 U.S. West Coast....................... 10879 90.4 90.7 1.3 -2.0 3.6 -0.6 0.3 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. International Monthly Price Indexes and Percent Changes for Selected Categories of Services March 2002-March 2003 2000 = 100, unless otherwise noted Index Percent Change Annual Monthly Trade March Nov. Dec. Jan. Feb. Description (Mil. 2002 2002 2002 2003 2003 of February March to to to to to Dollars) 2003 2003 March Dec. Jan. Feb. March 1/ 2003 2002 2003 2003 2003 Air Passenger Fares (U.S. Carrier)......... 45965 110.8 112.0 8.4 0.6 4.1 -1.3 1.1 Europe................................ 16000 116.2 117.9 10.0 1.0 2.5 -0.7 1.5 Asia.................................. 13499 102.4 103.6 10.0 1.5 7.6 -4.7 1.2 Latin America / Caribbean............. 10764 122.1 122.9 0.8 -1.2 3.7 -0.7 0.7 Canada................................ 3519 119.2 121.2 17.3 -0.3 0.1 6.4 1.7 Air Passenger Fares (Foreign Carrier)...... 39205 111.3 111.7 12.4 1.1 3.5 0.4 0.4 Europe................................ 21511 114.1 114.6 13.7 0.5 1.5 2.3 0.4 Asia.................................. 8446 101.6 102.0 12.8 1.8 7.9 -5.6 0.4 Latin America / Caribbean............. 4107 115.6 114.6 2.7 2.1 6.4 0.9 -0.9 Canada (200212=100)................... 2368 101.9 102.7 n.a. n.a. 0.5 1.4 0.8 Crude Oil Tanker Freight (Inbound)......... 3434 n.a. n.a. n.a. 12.9 8.7 n.a. n.a. 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 weighted with 2000 trade weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis 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 represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 2000=100 where possible. Net transaction price data are collected every month for over 20,000 products from over 6,000 companies and secondary sources. Indexes are not seasonally adjusted. More detailed index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue N.E., PSB 3955, Washington, DC 20212 or (202) 691-7101. Import Price Indexes -- Products have been classified by the 2000 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 2000 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 Industrial Classification System (NAICS). Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. The indexes use 2000 weights and a base of 2000=100. Import, Export, and International Services Indexes -- Indexes for air passenger fares and crude oil tanker freight are calculated on a monthly basis. Indexes for air freight and ocean liner freight are calculated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and the publication of these indexes is lagged two months. 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. Services Indexes ______ Name________________________________________________________ Address______________________________________________________ ______________________________________________________ Phone Number ( ) ________________________________________