Technical Information: USDL-04-1026 (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, June 10, 2004 U.S. IMPORT AND EXPORT PRICE INDEXES - MAY 2004 - The U.S. Import Price Index increased 1.6 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase was led by petroleum, up 10.3 percent in May, the largest one-month advance in petroleum prices since February 2003. Export prices were up 0.3 percent in May, as both agricultural and nonagricultural export prices continued to increase. 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 2003 May -0.7 -5.0 -0.2 0.1 2.5 -0.2 June 0.9 5.4 0.4 -0.2 -0.5 -0.1 July 0.5 5.2 0.0 -0.1 -0.1 -0.1 August 0.0 1.8 -0.3 0.0 -1.0 0.1 September -0.5 -5.8 0.3 0.4 5.4 -0.1 October 0.1 1.6 -0.1 0.2 2.4 0.1 November 0.5 2.1 0.2 0.5 4.0 0.1 December 0.7 5.1 0.3 0.3 0.4 0.3 2004 January 1.5 7.3 0.8 0.7 0.7 0.7 February 0.4 0.5 r 0.4 0.7 1.5 0.6 March 0.8 4.9 r 0.2 0.8 r 3.4 0.5 r April 0.2 -0.4 r 0.3 0.7 r 2.7 r 0.5 r May 1.6 10.3 0.4 0.3 0.5 0.2 May 2002-03 1.0 3.5 0.7 1.7 11.2 1.0 May 2003-04 7.0 43.9 3.0 4.3 20.9 2.8 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices rose 1.6 percent in May, the eighth consecutive monthly advance and the largest one-month rise since February 2003. The increase was led by a 10.3 percent jump in petroleum prices, which had risen for 6 consecutive months prior to a 0.4 percent decline in April. Over the past 12 months, the price index for petroleum imports was up 43.9 percent, while overall import prices rose 7.0 percent. Prices for nonpetroleum imports continued a modest upward trend in May, up 0.4 percent, compared with increases of 0.2 percent to 0.4 percent in five of the preceding six months. For the year ended in May, nonpetroleum imports were up 3.0 percent. The increase in nonpetroleum import prices again was attributable mainly to higher prices for nonpetroleum industrial supplies and materials, up 2.1 percent in May and 14.7 percent over the past year. Increasing prices for iron and steel, natural gas, and lumber all contributed to the May rise. The price index for import capital goods also rose in May, up 0.1 percent. The upturn followed a 0.5 percent decline in April and was the first increase for the index since January. For the year ended in May, capital goods prices were down 0.1 percent. In contrast, the price indexes for foods, feeds, and beverages and for consumer goods fell in May, down 0.3 percent and 0.1 percent, respectively. The price decline for foods, feeds, and beverages was the first since August 2003; over the past 12 months, the index increased 5.5 percent. Consumer goods prices also were up for the year ended in May, increasing 0.6 percent. Prices for automotive vehicles were unchanged in May and up 1.3 percent over the May 2003-2004 period. Export Goods Export prices rose 0.3 percent in May, compared with increases of 0.7 percent or more in each of the preceding four months. Prices for agricultural exports continued to trend upward, up 0.5 percent in May, a smaller increase than posted for the previous four months. Over the past year, agricultural prices were up 20.9 percent. Nonagricultural prices increased a more modest 0.2 percent in May, after rising 2.3 percent over the first four months of 2004. For the year ended in May, prices for nonagricultural exports were up 2.8 percent, while overall export prices rose 4.3 percent. A 0.9 percent advance in the price index for nonagricultural industrial supplies and materials led the May increase in nonagricultural export prices. However, the May increase in nonagricultural supplies and materials prices was smaller than the increases posted in each of the first four months of the year, which ranged from 1.2 percent to 2.6 percent. Rising prices for petroleum products, iron and steel, and chemicals contributed to the May increase. Nonagricultural industrial supplies and materials prices were up 11.0 percent over the past 12 months. Prices for each of the major finished goods categories were unchanged in May. Capital goods prices were down 0.2 percent over the past year, the only major export component to decline over the past 12 months. In contrast, both the price indexes for consumer goods and for automotive vehicles were up for the year ended in May, increasing 0.9 percent and 0.6 percent, respectively. Imports by Locality of Origin The price indexes for imports from Japan and from the Asian Newly Industrialized Countries both rose 0.2 percent in May. Import prices from Japan resumed an upward trend after a modest 0.1 percent decline in April. For the year ended in May, the index for imports from Japan rose 1.4 percent. Prices for imports from the Asian Newly Industrialized Countries decreased 0.3 percent over the same 12-month period. Import prices from Latin America and Canada also rose in May, up 1.9 percent and 1.6 percent, respectively. Higher petroleum prices were a contributing factor to the increases in both indexes. Over the past year, import prices from Latin America were up 11.7 percent, while prices of imports from Canada rose 10.5 percent. Prices of imports from the European Union were unchanged in May, as a 6.8 percent increase in nonmanufactured goods prices was offset by a 0.2 percent decline in the price index for manufactured goods. Overall import prices from the European Union were up 6.4 percent for the year ended in May. Import and Export Services Import air passenger fares were up 0.9 percent in May, following a 7.3 percent rise in April. Despite the recent increases, the index was down 4.7 percent for the year ended in May. In contrast, export air passenger fares fell 0.6 percent in May. Declines in European and Latin American fares more than offset higher Asian fares. Over the past 12 months, export air passenger fares increased 8.0 percent. 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 June are scheduled for release on July 14 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April END Description 2003 2004 2004 2004 2004 USE April April May to to to to to 2004 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES.......................................... 100.000 100.4 102.0 7.0 0.4 0.8 0.2 1.6 ALL IMPORTS EXCLUDING PETROLEUM.......................... 87.583 99.4 99.8 3.0 0.4 0.2 0.3 0.4 ALL IMPORTS EXCLUDING FUELS (200112=100)...................................... 85.809 102.7 103.0 2.9 0.5 0.4 0.3 0.3 0 FOODS, FEEDS, & BEVERAGES.............................. 4.652 107.2 106.9 5.5 1.5 0.6 1.2 -0.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.418 114.2 114.3 6.3 1.2 -0.4 1.2 0.1 01 Nonagricultural foods (fish, distilled beverages) 1.234 91.6 90.4 3.1 2.5 3.3 1.7 -1.3 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 28.852 113.8 120.2 26.1 1.4 2.5 1.0 5.6 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 16.436 110.2 112.5 14.7 1.9 0.6 2.1 2.1 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (200112=100).................. 14.662 118.9 121.0 15.6 2.2 2.3 2.1 1.8 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 9.120 112.2 115.3 24.8 3.8 3.2 3.4 2.8 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.317 107.7 109.1 4.1 0.0 -2.5 0.6 1.3 10 Fuels & lubricants............................... 14.190 120.0 131.6 38.7 0.4 2.6 -0.1 9.7 100 Petroleum & petroleum products............... 12.416 119.4 131.7 43.9 0.5 4.9 -0.4 10.3 10000 Crude................................ 9.183 120.9 131.9 42.1 0.9 4.6 0.3 9.1 11 Paper & paper base stocks........................ 1.059 96.5 98.3 4.5 0.1 1.4 1.0 1.9 12 Materials associated with nondurable supplies & materials...................... 4.613 105.0 104.8 2.2 0.1 0.6 -0.4 -0.2 13 Selected building materials...................... 2.347 120.3 123.7 28.6 6.5 4.2 1.5 2.8 14 Unfinished metals related to durable goods....... 3.562 122.8 129.0 43.5 4.8 4.8 7.0 5.0 15 Finished metals related to durable goods......... 1.458 107.2 107.7 11.4 1.5 1.6 2.3 0.5 16 Nonmetals related to durable goods............... 1.623 99.4 99.7 2.5 0.7 0.1 0.1 0.3 2 CAPITAL GOODS.......................................... 23.333 92.6 92.7 -1.0 0.0 0.0 -0.5 0.1 20 Electric generating equipment.................... 2.850 97.5 97.6 1.6 0.5 0.1 -0.5 0.1 21 Nonelectrical machinery.......................... 18.210 90.5 90.6 -1.7 0.0 0.0 -0.8 0.1 22 Transportation equipment excluding motor vehicles (200112=100)............... 2.273 104.0 104.0 2.1 0.2 0.2 0.4 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 17.348 101.9 101.9 1.3 0.1 0.1 0.1 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 25.814 98.6 98.5 0.6 0.1 0.0 -0.1 -0.1 40 Nondurables, manufactured........................ 12.614 101.0 100.9 1.1 0.1 0.0 -0.2 -0.1 41 Durables, manufactured........................... 11.930 96.3 96.2 0.0 0.0 0.0 0.0 -0.1 42 Nonmanufactured consumer goods................... 1.270 96.4 97.3 1.8 0.3 0.2 0.0 0.9 1 Relative importance figures are based on 2002 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April END Description 2003 2004 2004 2004 2004 USE April April May to to to to to 2004 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 103.7 104.0 4.3 0.7 0.8 0.7 0.3 AGRICULTURAL COMMODITIES.................................... 10.078 133.1 133.7 20.9 1.5 3.4 2.7 0.5 NONAGRICULTURAL COMMODITIES................................. 89.923 101.4 101.6 2.8 0.6 0.5 0.5 0.2 0 FOODS, FEEDS, & BEVERAGES................................. 9.248 134.8 135.8 21.5 2.0 3.8 3.4 0.7 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 8.490 137.0 138.0 23.1 2.1 4.0 3.6 0.7 01 Nonagricultural foods (fish, distilled beverages)... 0.758 113.4 113.9 3.4 1.1 0.9 1.5 0.4 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 26.254 109.3 110.2 10.9 1.2 1.6 1.1 0.8 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 10.064 112.2 112.0 13.8 2.3 2.2 1.7 -0.2 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 16.192 107.6 109.2 8.9 0.7 1.2 0.6 1.5 10 Agricultural industrial supplies & materials........ 1.588 114.9 114.0 10.1 -1.7 0.5 -2.0 -0.8 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 24.667 109.0 110.0 11.0 1.5 1.7 1.2 0.9 11 Fuels & lubricants.................................. 2.704 110.4 118.5 25.4 0.4 2.3 1.4 7.3 12 Nonagricultural supplies & materials excluding fuels & building materials......... 20.770 109.5 109.6 9.4 1.6 1.6 1.3 0.1 13 Selected building materials......................... 1.193 103.2 103.5 7.3 2.2 1.4 0.9 0.3 2 CAPITAL GOODS............................................. 41.130 98.1 98.1 -0.2 0.3 0.2 0.1 0.0 20 Electrical generating equipment..................... 3.955 101.5 101.3 -0.2 -0.1 0.1 -0.5 -0.2 21 Nonelectrical machinery............................. 29.622 94.6 94.6 -0.9 0.4 0.2 0.1 0.0 22 Transportation equipment excluding motor vehicles (200112=100).................. 7.553 107.0 107.0 3.2 0.1 0.1 0.4 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 11.417 102.1 102.1 0.6 0.1 -0.1 0.2 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 11.905 100.3 100.3 0.9 -0.1 0.0 0.2 0.0 40 Nondurables, manufactured........................... 5.828 99.9 99.9 1.4 0.0 -0.1 0.1 0.0 41 Durables, manufactured.............................. 5.338 100.5 100.7 0.8 -0.1 0.1 0.4 0.2 42 Nonmanufactured consumer goods (200112=100)......... 0.739 100.8 100.2 -0.5 0.0 -0.3 -0.3 -0.6 1 Relative importance figures are based on 2002 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April SITC Description 2003 2004 2004 2004 2004 Rev. 3 April April May to to to to to 2004 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 100.4 102.0 7.0 0.4 0.8 0.2 1.6 0 FOOD AND LIVE ANIMALS..................................... 3.658 106.4 106.2 6.4 2.4 0.7 0.9 -0.2 01 Meat and meat preparations.......................... 0.420 121.8 125.4 13.7 0.3 2.1 1.1 3.0 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.886 85.0 83.9 0.6 2.3 4.1 2.0 -1.3 05 Vegetables, fruit and nuts, fresh or dried.......... 0.905 109.4 106.2 2.2 3.0 -3.8 -1.7 -2.9 07 Coffee, tea, cocoa, spices and manufactures thereof. 0.424 103.5 102.5 3.4 1.8 -0.2 1.8 -1.0 2/ Other food and live animals............................... 1.023 121.5 124.2 12.9 3.3 2.1 1.8 2.2 1 BEVERAGES AND TOBACCO..................................... 0.939 105.3 105.5 0.9 0.3 0.3 0.0 0.2 11 Beverages........................................... 0.826 105.5 105.8 1.9 0.3 0.3 0.0 0.3 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 2.148 122.6 126.7 28.2 4.2 5.1 2.3 3.3 24 Cork and wood....................................... 0.855 127.8 139.0 47.9 6.2 6.6 3.6 8.8 25 Woodpulp and recovered paper........................ 0.259 100.8 103.4 8.5 -1.5 3.8 5.7 2.6 28 Metalliferous ores and metal scrap.................. 0.405 147.8 143.1 44.1 8.4 9.9 -0.1 -3.2 29 Crude animal and vegetable materials, n.e.s......... 0.226 99.3 102.1 -1.4 0.6 0.2 -0.4 2.8 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 13.867 120.6 132.3 37.8 0.3 2.5 0.0 9.7 33 Petroleum, petroleum products and related materials. 12.189 119.7 132.2 42.8 0.4 4.7 -0.2 10.4 34 Gas, natural and manufactured....................... 1.678 123.3 129.3 8.7 -0.7 -10.4 0.3 4.9 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 7.745 103.4 103.1 4.1 0.4 0.4 -0.4 -0.3 51 Organic chemicals................................... 2.610 99.5 99.2 3.5 0.1 0.1 0.7 -0.3 52 Inorganic chemicals................................. 0.595 115.9 114.7 8.4 1.1 -0.1 -3.8 -1.0 53 Dyeing, tanning and coloring materials.............. 0.208 100.3 100.3 2.3 -0.2 -0.2 0.8 0.0 54 Medicinal and pharmaceutical products............... 2.294 107.1 106.7 5.4 0.5 0.1 -0.6 -0.4 55 Essential oils; polishing and cleansing preps....... 0.335 93.5 93.4 -5.6 0.6 0.4 -0.2 -0.1 57 Plastics in primary forms........................... 0.606 105.5 105.7 3.9 0.8 1.6 -1.3 0.2 58 Plastics in nonprimary forms........................ 0.378 102.7 102.5 1.7 0.3 0.5 -0.2 -0.2 59 Chemical materials and products, n.e.s.............. 0.536 95.5 95.2 2.1 0.6 0.9 -0.3 -0.3 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 12.245 105.6 107.1 14.3 2.5 2.1 2.0 1.4 62 Rubber manufactures, n.e.s.......................... 0.664 99.9 99.8 0.7 0.2 0.5 0.2 -0.1 63 Cork and wood manufactures other than furniture..... 0.950 129.5 128.6 34.8 14.6 7.6 1.1 -0.7 64 Paper and paperboard, cut to size................... 1.248 94.6 95.7 2.7 0.4 0.4 -0.3 1.2 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod........... 1.460 104.1 103.8 3.5 0.5 0.1 0.4 -0.3 66 Nonmetallic mineral manufactures, n.e.s............. 2.195 99.3 99.4 1.9 0.4 0.1 0.3 0.1 67 Iron and steel...................................... 1.663 129.1 140.3 39.7 3.8 4.1 8.7 8.7 68 Nonferrous metals................................... 1.927 105.8 107.3 41.6 5.1 5.8 3.1 1.4 69 Manufactures of metals, n.e.s....................... 2.032 102.3 102.5 5.0 0.6 0.8 1.2 0.2 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 41.813 95.3 95.3 -0.4 0.1 0.0 -0.2 0.0 71 Power generating machinery and equipment............ 2.950 101.7 101.6 2.0 0.4 0.0 0.5 -0.1 72 Machinery specialized for particular industries..... 1.642 106.5 106.7 6.1 1.4 0.3 -0.2 0.2 73 Metalworking machinery.............................. 0.452 106.7 106.4 2.4 0.9 0.0 -0.7 -0.3 74 General industrial machinery, equipment, & machine parts, n.e.s............ 3.150 103.3 103.1 3.1 0.7 0.6 0.2 -0.2 75 Computer equipment and office machines.............. 5.733 76.3 76.3 -7.1 0.0 -0.4 -1.8 0.0 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 5.094 85.0 85.0 -4.9 -1.2 -0.4 -0.1 0.0 77 Electrical machinery and equipment.................. 6.796 95.2 95.4 0.2 0.3 0.0 -0.5 0.2 78 Road vehicles....................................... 14.456 102.2 102.3 1.6 0.1 0.0 0.2 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 17.112 100.0 99.9 0.3 0.0 0.1 -0.1 -0.1 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s................... 0.452 93.5 93.5 -1.4 -0.1 0.1 0.3 0.0 82 Furniture and parts thereof......................... 1.880 101.6 101.7 1.8 0.1 0.5 0.8 0.1 83 Travel goods, handbags and similar containers....... 0.389 103.5 103.5 1.7 -0.1 0.1 -0.1 0.0 84 Articles of apparel and clothing accessories........ 5.453 100.5 100.5 -0.6 0.0 -0.1 -0.1 0.0 85 Footwear............................................ 1.324 100.6 100.5 0.8 0.0 0.1 0.0 -0.1 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 1.795 99.6 99.5 0.4 -0.1 0.0 0.0 -0.1 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.980 99.4 99.4 0.1 0.4 -0.3 -0.6 0.0 89 Miscellaneous manufactured articles, n.e.s.......... 4.840 98.9 98.6 0.8 0.1 0.2 -0.5 -0.3 1 Relative importance figures are based on 2002 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April SITC Description 2003 2004 2004 2004 2004 Rev. 3 April April May to to to to to 2004 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 103.7 104.0 4.3 0.7 0.8 0.7 0.3 0 FOOD AND LIVE ANIMALS..................................... 7.104 125.4 125.9 16.6 2.5 2.2 2.4 0.4 01 Meat and meat preparations.......................... 1.290 124.1 123.1 21.3 1.8 0.9 -1.6 -0.8 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.512 108.8 109.7 1.8 1.2 0.9 2.4 0.8 04 Cereals and cereal preparations..................... 2.187 147.7 146.0 17.6 2.7 3.3 5.8 -1.2 05 Vegetables, fruit and nuts, fresh or dried.......... 1.308 109.1 112.7 16.3 5.1 1.6 -0.9 3.3 08 Feeding stuff for animals (not including unmilled cereals).................. 0.812 140.1 142.0 32.5 2.3 4.0 4.9 1.4 09 Miscellaneous edible products and preparations...... 0.465 102.2 102.1 1.0 0.4 0.7 -0.1 -0.1 2/ Other food and live animals............................... 0.532 113.0 113.9 12.2 0.3 2.9 5.5 0.8 1 BEVERAGES AND TOBACCO..................................... 0.702 101.9 101.8 4.5 0.9 0.2 -0.2 -0.1 12 Tobacco and tobacco manufactures.................... 0.451 100.2 100.2 4.6 0.9 0.0 -0.3 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 5.767 132.9 131.7 26.0 1.7 5.2 3.3 -0.9 22 Oil seeds and oleaginous fruits..................... 1.681 197.1 199.0 56.2 2.4 12.9 8.5 1.0 24 Cork and wood....................................... 0.544 97.7 98.3 8.0 1.2 0.9 1.2 0.6 25 Woodpulp and recovered paper........................ 0.668 98.8 100.0 11.2 0.9 1.8 4.9 1.2 26 Textile fibers and their waste...................... 0.611 115.9 115.0 10.4 -1.2 -0.2 -4.9 -0.8 28 Metalliferous ores and metal scrap.................. 1.274 177.3 166.0 56.9 5.3 8.2 4.5 -6.4 2/ Other crude materials, inedible, except fuels............. 0.990 108.4 108.9 0.1 0.0 -0.8 -1.0 0.5 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 2.155 123.1 134.8 31.5 -1.0 3.1 0.1 9.5 33 Petroleum, petroleum products and related materials. 1.547 119.8 135.0 40.0 -1.8 4.7 -0.2 12.7 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 13.399 105.6 105.8 4.9 1.1 0.9 0.7 0.2 51 Organic chemicals................................... 3.035 113.3 114.1 9.1 2.2 2.2 2.3 0.7 52 Inorganic chemicals................................. 0.819 100.2 98.7 0.0 0.3 0.0 0.7 -1.5 53 Dyeing, tanning and coloring materials.............. 0.577 97.2 97.5 -1.2 -0.6 0.0 -0.1 0.3 54 Medicinal and pharmaceutical products............... 2.447 105.4 105.4 1.4 -0.1 0.0 0.1 0.0 55 Essential oils; polishing and cleansing preps....... 0.950 104.2 104.2 9.5 -0.1 0.1 -0.1 0.0 56 Fertilizers......................................... 0.468 142.1 137.5 16.0 2.8 6.1 2.9 -3.2 57 Plastics in primary forms........................... 2.257 102.1 103.1 5.6 2.6 1.2 0.0 1.0 58 Plastics in nonprimary forms........................ 0.879 97.5 96.9 -1.6 0.4 0.6 -0.3 -0.6 59 Chemical materials and products, n.e.s.............. 1.968 105.3 106.0 5.1 0.2 -0.3 0.4 0.7 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 10.138 105.7 106.6 6.9 1.3 1.1 1.5 0.9 62 Rubber manufactures, n.e.s.......................... 0.768 110.7 110.4 1.8 0.5 -0.5 0.3 -0.3 64 Uncoated Paper/paperboard, and linerboard........... 1.485 98.5 99.1 1.8 -0.1 0.1 0.6 0.6 65 Textile yarn, fabrics, and made-up articles, n.e.s.. 1.612 104.1 104.0 1.3 0.0 0.2 0.0 -0.1 66 Nonmetallic mineral manufactures, n.e.s............. 1.466 99.5 99.1 -1.2 -0.1 0.1 -0.2 -0.4 67 Iron and steel...................................... 1.102 134.8 142.4 33.7 3.4 4.9 7.7 5.6 68 Nonferrous metals................................... 1.132 98.5 98.7 24.3 5.8 3.5 4.7 0.2 69 Manufactures of metals, n.e.s....................... 2.108 106.2 107.5 2.3 0.3 0.1 0.7 1.2 2/ Other manufactured goods classified chiefly by material (200112=100)................... 0.466 122.1 121.9 15.7 7.3 1.9 1.2 -0.2 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 48.531 98.4 98.4 -0.1 0.2 0.2 0.1 0.0 71 Power generating machinery and equipment............ 4.873 108.6 108.6 1.4 0.1 0.0 -0.7 0.0 72 Machinery specialized for particular industries..... 3.696 105.2 105.6 3.1 0.1 0.2 1.0 0.4 73 Metalworking machinery.............................. 0.633 100.8 100.7 -0.3 0.1 -0.1 -0.1 -0.1 74 General industrial machinery, equipment, & parts, n.e.s.................... 4.704 104.5 104.6 2.3 0.2 0.5 0.5 0.1 75 Computer equipment and office machines.............. 5.595 88.6 88.5 -0.4 0.6 0.2 0.2 -0.1 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 3.430 92.6 92.5 -1.7 -0.1 0.0 0.1 -0.1 77 Electrical machinery and equipment.................. 11.258 88.5 88.5 -3.8 0.3 0.3 -0.1 0.0 78 Road vehicles....................................... 8.771 102.2 102.2 1.2 0.2 -0.1 0.4 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 11.149 100.8 100.8 -0.2 0.1 0.0 -0.1 0.0 82 Furniture and parts thereof......................... 0.635 102.4 102.5 1.1 0.2 0.0 0.0 0.1 84 Articles of apparel and clothing accessories........ 0.862 96.9 96.9 -0.1 0.0 0.0 0.1 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 4.235 102.0 101.9 0.0 0.1 0.0 -0.3 -0.1 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.948 94.5 94.8 -2.9 0.4 -0.2 -0.5 0.3 89 Miscellaneous manufactured articles, n.e.s.......... 4.087 101.5 101.5 -0.2 0.0 0.0 0.1 0.0 2/ Other miscellaneous manufactured articles................. 0.383 106.3 106.3 3.1 0.0 0.1 0.1 0.0 1 Relative importance figures are based on 2002 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance May Jan. Feb. March April nized Description 2003 2004 2004 2004 2004 System April April May to to to to to 2004 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.539 105.0 106.8 9.8 3.9 4.3 2.0 1.7 02 Meat and edible meat offal.......................... 0.374 122.8 126.6 12.5 0.3 2.7 0.2 3.1 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.706 85.1 83.2 -0.7 2.7 4.5 1.8 -2.2 2/ Other live animals; animal products................. 0.459 141.8 151.2 24.9 9.6 5.0 4.0 6.6 II VEGETABLE PRODUCTS........................................ 1.184 104.5 103.1 1.4 3.3 -2.6 -1.2 -1.3 07 Edible vegetables, roots, and tubers................ 0.283 120.9 112.4 -1.1 8.9 -6.5 -10.4 -7.0 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.358 98.0 97.9 2.2 0.3 -3.8 6.6 -0.1 09 Coffee, tea, mate and spices........................ 0.225 89.7 88.6 6.1 2.8 0.2 -1.3 -1.2 2/ Other vegetable products............................ 0.318 109.8 112.1 0.1 1.6 0.9 -0.4 2.1 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.173 108.7 108.9 2.9 0.1 0.3 1.2 0.2 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.244 101.2 101.2 3.5 -0.3 -0.2 0.8 0.0 22 Beverages, spirits, and vinegar..................... 0.838 103.6 103.8 1.2 0.3 0.4 0.1 0.2 2/ Other prepared foodstuffs........................... 1.091 115.1 115.3 4.1 0.1 0.3 2.3 0.2 V MINERAL PRODUCTS.......................................... 14.236 120.1 131.5 37.8 0.4 2.3 -0.1 9.5 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 13.917 119.2 130.7 38.5 0.4 2.3 0.0 9.6 2/ Other mineral products (200112=100)................. 0.319 108.2 108.0 7.4 1.3 0.1 0.8 -0.2 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.053 102.9 102.6 4.4 0.3 0.3 -0.4 -0.3 28 Inorganic chemicals................................. 0.656 113.0 111.5 8.1 0.3 0.3 -5.4 -1.3 29 Organic chemicals................................... 2.890 99.7 99.4 4.0 0.2 0.1 0.9 -0.3 30 Pharmaceutical products............................. 1.975 106.9 106.6 6.1 0.6 0.0 -0.6 -0.3 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.206 98.0 97.9 -0.5 -0.5 -0.2 0.6 -0.1 33 Essential oils and resinoids (200112=100)........... 0.292 105.4 105.1 2.4 0.7 0.5 -0.3 -0.3 37 Photographic or cinematographic goods............... 0.177 97.3 97.3 -0.6 0.1 0.4 0.5 0.0 38 Miscellaneous chemical products..................... 0.399 92.3 92.6 -1.4 -0.1 -0.3 -1.0 0.3 2/ Other products of the chemical or allied industries. 0.458 111.7 112.3 6.5 0.4 2.4 0.4 0.5 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.779 106.1 105.9 3.4 0.5 0.7 0.1 -0.2 39 Plastics and articles thereof....................... 1.848 105.5 105.3 3.3 0.7 0.7 -0.1 -0.2 40 Rubber and articles thereof......................... 0.931 107.5 106.9 3.5 0.1 0.7 0.7 -0.6 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.731 101.4 101.5 1.6 0.1 0.1 0.0 0.1 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.619 101.9 101.9 1.1 0.0 0.1 -0.1 0.0 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.837 130.5 134.7 40.9 8.3 6.3 2.0 3.2 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.842 96.9 97.9 3.1 0.2 0.8 0.4 1.0 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard............. 0.257 100.4 102.9 7.9 -1.5 3.8 5.7 2.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.264 93.9 94.9 2.7 0.4 0.4 -0.3 1.1 49 Printed matter...................................... 0.321 112.5 112.0 1.4 0.5 0.0 -0.5 -0.4 XI TEXTILE AND TEXTILE ARTICLES.............................. 6.454 100.3 100.2 -0.1 0.0 0.0 -0.1 -0.1 61 Articles of apparel and clothing accessories, knitted or crocheted............ 2.387 99.6 99.6 -1.7 -0.2 -0.1 -0.1 0.0 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.616 100.1 100.1 -0.1 0.0 -0.1 0.0 0.0 63 Made-up or worn textile articles.................... 0.468 94.4 94.4 0.7 0.1 0.0 -1.6 0.0 2/ Other textile & textile articles.................... 0.983 105.2 105.0 3.8 0.5 0.6 0.4 -0.2 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.549 99.9 99.9 0.8 0.0 0.0 0.0 0.0 64 Footwear and parts of such articles................ 1.317 100.4 100.3 0.6 0.0 0.1 0.0 -0.1 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc...................... 0.232 97.4 97.3 1.4 -0.1 -0.3 0.0 -0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 1.042 104.1 103.9 2.4 0.6 -0.1 0.3 -0.2 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)............... 0.317 99.2 99.1 0.3 0.5 0.0 -0.2 -0.1 69 Ceramic products.................................... 0.358 107.9 107.9 5.2 0.6 -0.1 0.7 0.0 70 Glass and glassware................................. 0.367 104.2 103.7 1.4 0.7 -0.1 0.3 -0.5 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.477 95.6 95.5 11.4 1.2 0.2 1.8 -0.1 XV BASE METALS AND ARTICLES OF BASE METAL.................... 5.495 115.8 120.5 25.8 3.0 3.5 3.6 4.1 72 Iron and steel...................................... 1.451 139.7 156.0 51.9 5.6 5.9 8.9 11.7 73 Articles of iron or steel........................... 1.353 106.8 108.3 12.2 1.8 1.7 1.8 1.4 74 Copper and articles thereof......................... 0.487 125.9 125.3 36.6 3.8 8.4 1.1 -0.5 76 Aluminum and articles thereof....................... 0.877 110.7 112.2 16.0 1.7 3.0 3.5 1.4 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.413 103.4 103.5 5.1 0.4 1.3 0.9 0.1 83 Miscellaneous articles of base metal................ 0.461 106.8 106.8 5.1 0.3 0.6 1.9 0.0 2/ Miscellaneous nonferrous metals and articles, including scrap..................... 0.452 106.0 112.4 57.4 5.9 4.0 -0.7 6.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 25.573 91.2 91.2 -1.5 0.1 -0.1 -0.5 0.0 84 Machinery and mechanical appliances; parts thereof.. 13.228 91.4 91.3 -1.5 0.4 -0.1 -0.7 -0.1 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 12.345 91.0 91.1 -1.6 -0.3 -0.2 -0.3 0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 16.132 102.6 102.6 1.6 0.1 0.1 0.2 0.0 87 Motor vehicles and their parts...................... 14.673 102.2 102.2 1.6 0.1 0.1 0.2 0.0 88 Aircraft, spacecraft, and parts thereof (200212=100)......................... 1.335 102.4 102.5 1.5 0.1 0.0 0.3 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.373 99.5 99.2 0.1 0.1 -0.1 -0.3 -0.3 90 Optical, photographic, measuring and medical instruments.......................... 2.980 98.8 98.3 -0.1 0.0 -0.1 -0.2 -0.5 91 Clocks and watches and parts thereof................ 0.282 106.9 106.4 0.7 0.5 0.2 -1.2 -0.5 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 4.300 96.9 97.0 -0.4 0.0 0.3 -0.5 0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.299 99.3 99.3 1.4 0.1 0.4 0.7 0.0 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.759 94.1 94.1 -3.0 -0.2 0.0 -1.8 0.0 96 Miscellaneous manufactured articles................. 0.242 98.2 98.3 1.1 0.5 0.3 0.1 0.1 1 Relative importance figures are based on 2002 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance May Jan. Feb. March April nized Description 2003 2004 2004 2004 2004 System April April May to to to to to 2004 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.964 120.6 121.0 17.0 1.3 1.4 0.7 0.3 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.454 109.1 110.0 0.6 1.4 1.0 2.2 0.8 2/ Other live animals and animal products.............. 0.333 119.4 123.8 24.7 -1.4 4.4 9.1 3.7 II VEGETABLE PRODUCTS........................................ 5.006 150.8 152.3 29.4 3.6 6.1 5.2 1.0 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.648 102.7 104.7 12.2 4.0 3.5 0.8 1.9 10 Cereals............................................. 1.902 150.8 148.7 18.2 2.9 3.5 6.6 -1.4 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.846 185.2 186.9 48.6 2.1 11.5 7.7 0.9 III ANIMAL OR VEGETABLE FATS AND OILS......................... 0.401 184.0 184.0 27.2 -5.7 2.5 1.7 0.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.788 112.7 113.2 11.1 0.9 1.3 1.7 0.4 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.319 105.5 105.4 0.6 -0.4 0.0 -0.8 -0.1 21 Miscellaneous edible preparations................... 0.418 102.1 102.1 0.9 0.5 0.7 0.0 0.0 23 Residues and waste from the food industries; prepared animal feed............. 0.759 150.0 152.5 38.9 2.6 4.5 5.9 1.7 2/ Other prepared foods................................ 0.842 107.1 107.0 4.1 0.4 0.1 0.9 -0.1 V MINERAL PRODUCTS.......................................... 2.726 124.3 132.7 29.1 -0.3 3.1 1.9 6.8 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 2.119 119.3 130.4 27.8 -0.9 3.0 -0.2 9.3 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 10.786 107.4 107.6 5.2 0.8 0.8 0.8 0.2 28 Inorganic chemicals................................. 0.907 103.9 103.0 2.5 0.2 0.3 1.1 -0.9 29 Organic chemicals................................... 3.420 112.8 113.6 7.5 2.1 1.6 2.0 0.7 30 Pharmaceutical products............................. 1.997 105.0 105.0 2.4 -0.2 0.1 0.0 0.0 31 Fertilizers......................................... 0.450 137.7 133.2 12.0 2.8 6.1 2.9 -3.3 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.587 97.3 97.6 -1.3 -0.5 0.0 -0.3 0.3 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.695 107.3 107.2 12.6 0.3 0.2 0.1 -0.1 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.368 101.9 102.0 2.1 -0.7 0.0 -0.4 0.1 37 Photographic or cinematographic goods............... 0.428 98.9 98.8 -0.6 0.3 -0.1 -1.4 -0.1 38 Miscellaneous chemical products..................... 1.656 105.3 105.9 6.0 0.2 -0.1 0.6 0.6 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.262 104.9 105.3 2.6 1.4 0.5 0.0 0.4 39 Plastics and articles thereof....................... 4.245 103.1 103.5 2.7 1.5 0.7 -0.1 0.4 40 Rubber and articles thereof......................... 1.017 111.6 111.6 1.7 0.5 -0.3 0.5 0.0 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.505 109.6 107.7 2.8 0.5 0.4 -2.2 -1.7 41 Raw hides and skins (other than furskins) and leather........................ 0.455 106.2 104.1 -2.7 0.5 -2.7 -1.6 -2.0 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.846 103.8 104.4 11.9 2.6 1.8 1.1 0.6 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.852 97.8 98.2 3.9 0.3 0.2 1.5 0.4 47 Woodpulp and recovered paper........................ 0.666 94.8 95.9 11.4 1.0 1.9 4.6 1.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.541 95.8 96.3 2.3 -0.1 0.1 0.5 0.5 49 Printed material.................................... 0.645 109.1 108.6 0.6 0.3 -0.9 0.1 -0.5 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.926 99.6 99.5 1.6 -0.4 0.1 -1.1 -0.1 52 Cotton, including yarns and woven fabrics thereof... 0.800 100.7 99.9 13.8 -0.6 -0.2 -3.9 -0.8 61 Apparel & clothing knitted or crocheted (200112=100).................... 0.494 95.1 95.1 -0.7 0.0 0.0 0.2 0.0 62 Apparel Articles & Accessories, not knitted......... 0.375 95.7 95.7 0.3 0.0 0.0 0.1 0.0 2/ Other textile and textile articles (200112=100)..... 1.256 105.3 105.7 -0.9 -0.4 0.3 -0.2 0.4 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.796 98.5 98.2 -1.7 0.1 0.5 -0.8 -0.3 70 Glass and glassware................................. 0.478 95.2 94.7 -2.0 0.1 -0.1 -1.3 -0.5 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.307 104.4 103.9 18.9 0.9 -0.4 4.3 -0.5 XV BASE METALS AND ARTICLES OF BASE METALS................... 4.830 118.3 118.8 18.8 3.9 3.7 1.6 0.4 72 Iron and steel...................................... 1.127 150.4 151.2 49.4 6.9 7.3 3.4 0.5 73 Articles of iron or steel........................... 1.249 110.3 114.6 8.9 0.8 1.4 1.8 3.9 74 Copper and articles thereof......................... 0.427 128.5 119.8 31.4 7.3 9.4 -1.8 -6.8 76 Aluminum and articles thereof....................... 0.822 109.1 110.5 15.9 3.3 3.3 2.1 1.3 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.401 101.6 101.6 0.8 0.0 -0.2 0.3 0.0 83 Miscellaneous articles of base metal................ 0.457 109.0 107.0 -1.3 0.5 0.3 0.2 -1.8 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 33.731 95.3 95.3 -0.9 0.2 0.2 0.1 0.0 84 Machinery and mechanical appliances; parts thereof.. 18.650 100.3 100.3 1.1 0.3 0.2 0.2 0.0 85 Electrical machinery and equipment and parts and accessories thereof............ 15.081 89.7 89.7 -3.4 0.3 0.2 -0.1 0.0 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 14.568 106.3 106.3 1.9 0.1 0.1 0.3 0.0 87 Motor vehicles and their parts...................... 9.088 102.2 102.3 1.3 0.1 0.0 0.3 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.082 101.3 101.2 0.3 0.2 0.0 -0.2 -0.1 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.475 99.1 99.1 -1.3 0.0 0.0 -0.4 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.834 102.7 102.8 1.1 0.1 0.0 0.0 0.1 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.493 94.8 94.7 -3.5 -0.3 -0.1 -1.3 -0.1 1 Relative importance figures are based on 2002 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage May Jan. Feb. March April Description of 2003 2004 2004 2004 2004 U.S. April May to to to to to Imports 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 2/ Industrialized Countries............................ 49.276 104.0 104.7 7.4 1.4 0.5 0.6 0.7 Manufactured Goods............................. 45.418 102.7 102.9 6.0 1.3 0.7 0.6 0.2 Nonmanufactured Goods.......................... 3.591 123.7 131.7 21.9 1.5 -1.8 0.7 6.5 3/ Other Countries..................................... 50.724 97.0 98.9 7.0 0.2 0.9 0.5 2.0 Manufactured Goods............................. 43.453 96.1 97.0 2.0 -0.1 0.4 0.7 0.9 Nonmanufactured Goods.......................... 7.173 117.8 125.6 34.5 1.3 3.6 -0.2 6.6 Canada.............................................. 17.463 110.7 112.5 10.5 2.7 0.6 0.6 1.6 Manufactured Goods............................. 14.664 108.1 108.8 7.9 2.7 1.5 0.7 0.6 Nonmanufactured Goods.......................... 2.611 127.7 136.1 21.8 2.8 -4.0 1.3 6.6 4/ European Union...................................... 18.739 108.3 108.3 6.4 0.8 0.6 0.8 0.0 Manufactured Goods............................. 18.224 108.3 108.1 5.8 0.8 0.4 0.8 -0.2 Nonmanufactured Goods.......................... 0.458 128.9 137.7 30.8 -2.9 6.3 0.4 6.8 5/ Latin America....................................... 17.761 107.9 110.0 11.7 0.2 1.6 0.9 1.9 Manufactured Goods............................. 14.150 109.5 110.2 6.7 0.0 1.0 1.2 0.6 Nonmanufactured Goods.......................... 3.575 121.3 128.7 30.1 0.9 3.4 0.2 6.1 Japan............................................... 10.651 95.1 95.3 1.4 0.1 0.1 -0.1 0.2 6/ Asian Newly Industrialized Countries................ 8.019 90.8 91.0 -0.3 -0.3 -0.1 0.6 0.2 1 Percentage of trade figures are based on 2002 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 2003-March 2004 2000 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 2003 2003 2003 2003 2003 of December March to to to to to Dollars) 2003 2004 March June Sept. Dec. March 1/ 2004 2003 2003 2003 2004 IMPORT Air Freight....................................... 4168 114.9 117.1 6.3 1.2 4.8 -1.6 1.9 Europe (200312=100)........................ 1407 100.0 106.0 n.a. n.a. n.a. n.a. 6.0 Asia....................................... 2329 110.4 110.0 4.3 -1.4 10.8 -4.2 -0.4 EXPORT Air Freight....................................... 2836 95.4 97.1 0.8 -1.1 -0.1 0.3 1.8 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade May Jan. Feb. March April Description (Mil. 2003 2004 2004 2004 2004 of April May to to to to to Dollars) 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 IMPORT Air Passenger Fares............................... 18253 111.2 112.2 -4.7 -2.7 -0.3 7.3 0.9 Europe..................................... 11250 106.9 107.9 -8.2 0.1 0.5 10.7 0.9 Asia....................................... 2626 102.5 104.0 -5.6 -6.6 -1.9 1.7 1.5 Latin America / Caribbean.................. 1916 111.2 112.5 7.6 -6.8 1.8 1.5 1.2 EXPORT Air Passenger Fares............................... 20319 123.8 123.1 8.0 -3.5 -0.1 0.5 -0.6 Europe..................................... 5394 147.8 144.9 6.7 0.7 1.5 -2.1 -2.0 Asia....................................... 8936 107.2 109.9 7.2 -6.4 -0.4 0.1 2.5 Latin America / Caribbean.................. 3413 132.4 129.0 10.1 -5.8 -2.5 2.7 -2.6 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 March 2003-March 2004 2000 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 2003 2003 2003 2003 2003 of December March to to to to to Dollars) 2003 2004 March June Sept. Dec. March 1/ 2004 2003 2003 2003 2004 INBOUND Air Freight....................................... 7483 112.9 116.2 6.8 0.6 2.8 0.4 2.9 Europe (200312=100).......................... 2466 100.0 107.0 n.a. n.a. n.a. n.a. 7.0 Asia......................................... 4180 107.1 107.2 3.5 -2.5 7.1 -1.0 0.1 Ocean Liner Freight............................... 17817 117.8 118.9 26.5 23.5 0.1 1.4 0.9 U.S. East Coast.............................. 6938 110.6 114.6 14.6 8.4 -1.3 3.4 3.6 From Atlantic.......................... 3022 113.1 121.6 16.7 1.2 0.0 7.3 7.5 From Pacific........................... 2817 109.6 110.8 21.6 21.1 0.0 -0.6 1.1 U.S. West Coast.............................. 10879 123.0 122.5 35.2 34.1 1.0 0.2 -0.4 OUTBOUND Air Freight....................................... 5193 94.9 96.2 -1.0 -1.9 0.1 -0.6 1.4 Europe (200312=100).......................... 1998 100.0 102.0 n.a. n.a. n.a. n.a. 2.0 Asia......................................... 2365 95.4 96.0 -1.6 -2.4 0.4 -0.3 0.6 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 May 2003-May 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade May Jan. Feb. March April Description (Mil. 2003 2004 2004 2004 2004 of April May to to to to to Dollars) 2004 2004 May Feb. March April May 1/ 2004 2004 2004 2004 2004 INBOUND Air Passenger Fares (200312=100).................. 38589 105.3 104.5 n.a. -3.1 0.7 0.2 -0.8 Europe (200312=100).......................... 15654 107.1 104.1 n.a. 0.5 1.6 -0.8 -2.8 Asia (200312=100)............................ 12401 104.4 107.3 n.a. -6.5 1.4 -0.7 2.8 Latin America / Caribbean (200312=100)....... 5604 102.6 100.8 n.a. -5.6 -2.5 1.4 -1.8 Canada (200312=100).......................... 2905 103.8 101.9 n.a. -1.0 -1.5 6.1 -1.8 Crude Oil Tanker Freight.......................... 3434 n.a. n.a. n.a. 18.4 -14.7 n.a. n.a. OUTBOUND Air Passenger Fares (200312=100).................. 43898 106.5 106.7 n.a. -1.2 -0.5 7.3 0.2 Europe (200312=100).......................... 21857 112.9 113.8 n.a. 1.1 -0.1 11.6 0.8 Asia (200312=100)............................ 7190 99.5 100.1 n.a. -4.7 0.2 5.2 0.6 Latin America / Caribbean (200312=100)....... 9206 99.7 99.2 n.a. -2.3 -0.4 0.2 -0.5 Canada (200312=100).......................... 2982 103.4 108.0 n.a. -4.9 0.0 4.3 4.4 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 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). 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