Technical Information: USDL-03-298 (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 12, 2003 U.S. IMPORT AND EXPORT PRICE INDEXES -MAY 2003- The U.S. Import Price Index decreased 0.3 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Both petroleum and nonpetroleum import prices contributed to the decline. Export prices edged up 0.1 percent in May, after declining 0.1 percent in April. 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 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 0.2 -0.2 -0.5 -0.2 2003 January 1.8 14.6 0.3 0.3 0.1 0.4 February 1.7 11.3 r 0.3 0.6 -0.4 0.6 March 0.6 r -1.0 r 1.0 0.2 -0.4 0.2 r April -3.0 r -18.0 r -1.0 r -0.1 0.4 r -0.1 May -0.3 -1.1 -0.2 0.1 2.4 -0.1 May 2001-02 -3.7 -2.1 -3.0 -1.6 -1.3 -1.7 May 2002-03 1.5 8.8 0.7 1.7 11.1 1.0 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices fell 0.3 percent in May, as prices for both petroleum and nonpetroleum decreased. This followed a record decline of 3.0 percent in April. Petroleum prices dipped 1.1 percent in May after falling 18.0 percent in April. The petroleum index, however, was still up 8.8 percent over the past 12 months. The price index for nonpetroleum imports moved lower in May, decreasing 0.2 percent following a 1.0 percent drop in April. Despite the recent declines, the index was up 0.7 percent for the year ended in May. During the past year, overall import prices rose 1.5 percent. The May decline in nonpetroleum import prices was led by a 0.5 percent drop in prices for nonpetroleum industrial supplies and materials and a 0.4 percent decrease in the price index for imported capital goods. Prices for unfinished metals led the decline for the nonpetroleum industrial supplies and materials price index, which was still up 6.3 percent over the past 12 months. The decline in capital goods prices was attributable to a drop in the prices for computers and semiconductors. For the year ended in May, the price index for capital goods was down 1.7 percent. Prices for imported foods, feeds, and beverages also fell in May, declining 1.0 percent. Lower prices for vegetables and for fruits led the decrease. Despite the May decline, the index for foods, feeds, and beverages was up 4.1 percent over the past year. In contrast, prices for automotive vehicles edged up in May, increasing 0.1 percent. For the year ended in May, the index was up 0.7 percent. Imported consumer goods prices were unchanged in May and over the past 12 months were down 0.3 percent. Export Goods Export prices increased 0.1 percent in May after falling the same amount in April. Increasing prices for agricultural exports more than offset a small decline in nonagricultural prices. The price index for agricultural exports increased 2.4 percent in May and was led by higher soybean, wheat, corn, and meat prices. The index was up 11.1 percent over the May 2002-May 2003 period. In contrast, prices for nonagricultural exports declined 0.1 percent last month as lower prices for industrial supplies and materials and for automotive vehicles more than offset a small increase in prices for capital goods. For the year ended in May, prices for nonagricultural exports rose 1.0 percent. Overall exports were up 1.7 percent over the same period. A 0.7 percent decline in the price index for industrial supplies and materials was led by decreasing prices for export petroleum products, nonmonetary gold, and palladium. Over the past 12 months, however, industrial supplies and materials prices were up 6.0 percent. Prices for automotive vehicles also fell slightly in May, decreasing 0.1 percent. Over the past 12 months, the index was up 0.6 percent. Prices for exported capital goods edged up 0.1 percent in May. Over the past year, capital goods prices were down 0.9 percent. Export consumer goods prices were unchanged in May and were up 0.2 percent over the past 12 months. Imports by Locality of Origin Import prices from Japan declined 0.2 percent in May after falling the same amount in April. For the year ended in May, import prices from Japan were down 1.4 percent. Prices of imports from the Asian Newly Industrialized Countries were unchanged in May. The index was down 1.4 percent for the May 2002-May 2003 period. The price index for imports from the European Union declined 1.0 percent, driven by declines in prices for refined petroleum products. The index was up 3.0 percent over the past 12 months. Prices for imports from Latin America were up in May, increasing 0.2 percent. For the year ended in May, import prices from Latin America were up 1.4 percent. Import prices from Canada were unchanged in May. The index increased 4.8 percent over the past 12 months. 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 June are scheduled for release on July 10, 2003, at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April END Description 2002 2003 2003 2003 2003 USE April April May to to to to to 2003 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 ALL COMMODITIES.............................. 100.000 96.1 95.8 1.5 1.7 0.6 -3.0 -0.3 ALL IMPORTS EXCLUDING PETROLEUM.............. 89.489 97.1 96.9 0.7 0.3 1.0 -1.0 -0.2 0 FOODS, FEEDS, & BEVERAGES................... 4.166 102.2 101.2 4.1 0.1 1.0 -0.2 -1.0 00 Agricultural foods, feeds & beverages, excluding distilled beverages......... 3.122 108.5 107.4 4.6 -0.1 1.5 -0.8 -1.0 01 Nonagricultural foods (fish, distilled beverages)............................ 1.044 88.4 87.7 2.9 0.7 -0.6 1.7 -0.8 1 INDUSTRIAL SUPPLIES & MATERIALS............. 25.979 98.0 97.3 7.2 6.0 2.2 -10.7 -0.7 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM................. 15.467 98.8 98.3 6.3 2.1 5.2 -5.4 -0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 8.010 93.0 92.3 0.7 1.6 -0.3 -0.6 -0.8 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM...... 7.458 105.6 105.5 13.0 2.5 11.0 -9.8 -0.1 10 Fuels & lubricants......................... 12.218 100.2 99.3 12.2 10.8 3.7 -20.1 -0.9 100 Petroleum & petroleum products............ 10.511 97.3 96.2 8.8 11.3 -1.0 -18.0 -1.1 10000 Crude................................... 7.908 98.6 99.1 8.5 9.0 -3.6 -14.5 0.5 11 Paper & paper base stocks.................. 1.130 93.5 94.3 8.8 0.7 2.0 2.7 0.9 12 Materials associated with nondurable supplies & materials.................. 4.775 103.6 102.9 5.6 0.9 1.8 -0.6 -0.7 13 Selected building materials................ 1.831 95.4 96.3 -3.3 1.4 -0.6 -0.9 0.9 14 Unfinished metals related to durable goods......................... 3.079 91.9 89.5 3.3 3.1 -0.3 -1.2 -2.6 15 Finished metals related to durable goods... 1.406 97.0 96.8 0.5 0.3 -0.4 0.9 -0.2 16 Nonmetals related to durable goods......... 1.539 97.1 97.3 0.5 0.5 0.5 -0.8 0.2 2 CAPITAL GOODS............................... 28.745 93.9 93.5 -1.7 -0.1 0.0 0.1 -0.4 20 Electric generating equipment.............. 3.365 95.6 95.8 0.8 0.2 0.0 0.1 0.2 21 Nonelectrical machinery.................... 22.823 92.6 92.0 -2.5 -0.1 0.0 0.0 -0.6 22 Transportation equipment excluding motor vehicles (200112=100)........... 2.556 101.9 102.0 1.6 0.2 0.1 0.3 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 17.167 100.5 100.6 0.7 0.2 0.0 0.0 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................... 23.922 97.9 97.9 -0.3 -0.1 0.0 0.0 0.0 40 Nondurables, manufactured.................. 11.619 99.8 99.7 0.6 -0.2 0.2 0.1 -0.1 41 Durables, manufactured..................... 11.045 96.1 96.1 -1.1 0.0 -0.2 -0.1 0.0 42 Nonmanufactured consumer goods............. 1.258 95.6 95.6 -2.0 0.0 0.2 -0.1 0.0 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, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April END Description 2002 2003 2003 2003 2003 USE April April May to to to to to 2003 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 ALL COMMODITIES.............................. 100.000 99.6 99.7 1.7 0.6 0.2 -0.1 0.1 AGRICULTURAL COMMODITIES..................... 7.607 107.9 110.5 11.1 -0.4 -0.4 0.4 2.4 NONAGRICULTURAL COMMODITIES.................. 92.392 98.9 98.8 1.0 0.6 0.2 -0.1 -0.1 0 FOODS, FEEDS, & BEVERAGES................... 6.988 108.6 112.0 11.6 -0.4 -0.1 0.4 3.1 00 Agricultural foods, feeds & beverages, excluding distilled beverages......... 6.369 108.5 111.8 10.8 -0.5 -0.6 0.4 3.0 01 Nonagricultural foods (fish, distilled beverages)............................ 0.619 111.0 114.9 19.6 1.8 5.4 0.7 3.5 1 INDUSTRIAL SUPPLIES & MATERIALS............. 23.330 100.1 99.4 6.0 2.0 1.3 -0.4 -0.7 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE............................. 9.314 99.1 98.3 2.9 1.4 0.4 -0.1 -0.8 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE.......................... 14.013 101.0 100.4 8.1 2.5 1.8 -0.6 -0.6 10 Agricultural industrial supplies & materials............................. 1.238 104.9 103.9 11.7 0.5 1.0 0.1 -1.0 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS........................... 22.091 99.8 99.2 5.8 2.2 1.3 -0.5 -0.6 11 Fuels & lubricants......................... 2.161 96.3 94.2 7.2 7.9 4.0 -10.8 -2.2 12 Nonagricultural supplies & materials excluding fuels & building materials.. 18.791 100.7 100.2 5.7 1.5 1.1 0.8 -0.5 13 Selected building materials................ 1.139 96.3 96.2 2.2 0.4 -0.1 -0.1 -0.1 2 CAPITAL GOODS............................... 47.159 98.2 98.3 -0.9 0.2 -0.2 0.0 0.1 20 Electrical generating equipment............ 4.908 101.5 101.7 -0.1 -0.4 0.0 0.0 0.2 21 Nonelectrical machinery.................... 34.882 95.5 95.5 -1.8 0.3 -0.2 0.0 0.0 22 Transportation equipment excluding motor vehicles (200112=100)........... 7.369 103.7 103.8 3.0 0.0 0.2 0.2 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES........ 10.938 101.6 101.5 0.6 0.1 -0.1 0.1 -0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................... 11.547 99.2 99.2 0.2 0.3 0.0 -0.2 0.0 40 Nondurables, manufactured.................. 5.623 98.3 98.3 0.0 0.7 -0.2 -0.4 0.0 41 Durables, manufactured..................... 5.262 99.7 99.8 0.6 0.1 0.1 0.0 0.1 42 Nonmanufactured consumer goods (200112=100).................... 0.662 100.7 100.7 -0.3 0.0 0.7 -0.9 0.0 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, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April SITC Description 2002 2003 2003 2003 2003 Rev. 3 April April May to to to to to 2003 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 ALL COMMODITIES................................... 100.000 96.1 95.8 1.5 1.7 0.6 -3.0 -0.3 0 FOOD AND LIVE ANIMALS........................... 3.294 101.3 99.6 3.3 -0.4 1.0 0.3 -1.7 01 Meat and meat preparations................ 0.363 106.9 108.0 2.5 5.6 -0.6 0.1 1.0 03 Fish, crustaceans, aquatic invertebrates and preparations thereof........... 0.736 84.1 83.2 4.0 1.1 -0.7 3.3 -1.1 05 Vegetables, fruit and nuts, fresh or dried..................... 0.890 108.5 103.6 -4.2 -6.1 5.7 -2.0 -4.5 07 Coffee, tea, cocoa, spices and manufactures thereof............... 0.431 100.5 99.8 19.1 2.6 -6.1 0.3 -0.7 2/ Other food and live animals..................... 0.875 111.2 109.9 4.0 0.8 2.0 0.3 -1.2 1 BEVERAGES AND TOBACCO........................... 0.851 104.1 104.2 1.5 0.3 0.5 0.3 0.1 11 Beverages................................. 0.741 103.1 103.3 0.9 0.4 0.1 0.3 0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS......... 1.929 98.4 99.1 2.2 2.3 1.1 -0.1 0.7 24 Cork and wood............................. 0.678 93.4 94.0 -10.6 2.2 -1.9 -1.7 0.6 25 Woodpulp and recovered paper.............. 0.276 92.6 96.5 29.2 3.1 7.7 7.1 4.2 28 Metalliferous ores and metal scrap........ 0.324 99.5 98.6 3.1 3.8 0.8 -0.4 -0.9 29 Crude animal and vegetable materials, n.e.s.............................. 0.242 102.3 103.5 -0.3 -1.3 0.3 -0.3 1.2 2/ Other crude materials, inedible, except fuels.................................... 0.220 98.9 99.1 5.2 3.2 1.7 -0.3 0.2 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS............................. 12.258 102.5 100.7 13.1 10.6 4.1 -18.8 -1.8 33 Petroleum, petroleum products and related materials.................. 10.581 99.6 97.6 9.5 10.8 -1.3 -15.8 -2.0 34 Gas, natural and manufactured............. 1.589 120.5 121.1 43.7 9.8 43.8 -35.2 0.5 5 CHEMICALS AND RELATED PRODUCTS, N.E.S........... 6.529 100.3 99.2 1.7 0.7 1.3 -0.8 -1.1 51 Organic chemicals......................... 2.485 98.3 95.9 -3.6 0.4 0.5 -1.1 -2.4 52 Inorganic chemicals....................... 0.581 107.5 107.5 9.1 2.2 4.0 -3.0 0.0 53 Dyeing, tanning and coloring materials.... 0.231 97.8 98.0 2.5 1.0 0.1 0.2 0.2 54 Medicinal and pharmaceutical products..... 1.317 101.3 101.0 4.4 -0.3 -0.4 0.2 -0.3 55 Essential oils; polishing and cleansing preps.............................. 0.311 99.2 99.2 0.1 0.7 0.5 0.8 0.0 57 Plastics in primary forms................. 0.567 99.5 101.7 11.6 0.6 1.4 0.2 2.2 58 Plastics in nonprimary forms.............. 0.375 100.6 100.8 0.6 -0.1 0.3 0.2 0.2 59 Chemical materials and products, n.e.s.... 0.490 96.7 93.2 -1.2 1.1 4.8 -0.9 -3.6 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL........................... 11.131 94.1 93.6 1.4 1.1 0.0 -0.1 -0.5 62 Rubber manufactures, n.e.s................ 0.657 99.1 99.0 0.9 0.0 -0.1 0.1 -0.1 63 Cork and wood manufactures other than furniture.......................... 0.610 93.8 95.4 2.5 3.3 1.1 -0.6 1.7 64 Paper and paperboard, cut to size......... 1.250 93.7 93.3 1.5 0.0 0.4 0.8 -0.4 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod. 1.339 100.5 100.3 3.7 1.1 0.3 0.2 -0.2 66 Nonmetallic mineral manufactures, n.e.s.............................. 2.203 97.5 97.4 0.4 0.1 -0.1 -0.1 -0.1 67 Iron and steel............................ 1.576 100.8 100.5 10.1 0.5 -1.9 1.5 -0.3 68 Nonferrous metals......................... 1.500 78.5 75.5 -5.3 4.1 1.0 -1.9 -3.8 69 Manufactures of metals, n.e.s............. 1.883 97.5 97.5 -0.8 0.5 -0.1 -0.4 0.0 7 MACHINERY AND TRANSPORT EQUIPMENT............... 46.447 95.8 95.6 -1.4 -0.1 -0.1 0.0 -0.2 71 Power generating machinery and equipment.......................... 2.958 99.2 99.1 1.2 0.1 0.2 0.1 -0.1 72 Machinery specialized for particular industries......................... 1.988 100.6 100.7 1.9 0.9 0.4 -0.1 0.1 73 Metalworking machinery.................... 0.702 103.9 104.0 5.3 1.1 0.9 -0.1 0.1 74 General industrial machinery, equipment, & machine parts, n.e.s.. 3.081 100.0 100.1 2.8 0.8 0.4 0.2 0.1 75 Computer equipment and office machines.... 6.760 82.6 81.8 -7.0 -0.7 -0.7 -0.1 -1.0 76 Telecommunications & sound recording & reproducing apparatus & equipment 5.599 89.4 89.4 -5.4 -1.4 -0.4 -0.7 0.0 77 Electrical machinery and equipment........ 9.249 95.7 95.1 -2.1 0.3 -0.2 0.2 -0.6 78 Road vehicles............................. 14.353 100.6 100.6 0.6 0.2 0.0 0.0 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES............. 17.095 99.6 99.6 1.1 0.2 0.2 0.1 0.0 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s......... 0.432 95.7 94.8 -3.8 0.1 0.0 -0.1 -0.9 82 Furniture and parts thereof............... 1.669 99.8 100.0 1.3 0.1 -0.1 0.3 0.2 83 Travel goods, handbags and similar containers......................... 0.397 101.4 101.8 2.8 -0.4 2.3 -0.1 0.4 84 Articles of apparel and clothing accessories........................ 5.747 101.1 101.1 1.3 0.1 0.0 0.3 0.0 85 Footwear.................................. 1.307 99.6 99.7 0.6 0.1 0.2 -0.2 0.1 87 Professional, scientific and controlling instruments and apparatus, n.e.s... 1.914 98.7 99.1 1.4 0.0 0.2 0.1 0.4 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.. 1.267 99.5 99.3 2.0 0.4 0.2 0.1 -0.2 89 Miscellaneous manufactured articles, n.e.s.............................. 4.362 98.0 97.9 0.8 0.3 0.3 -0.1 -0.1 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, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance May Jan. Feb. March April SITC Description 2002 2003 2003 2003 2003 Rev. 3 April April May to to to to to 2003 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 ALL COMMODITIES................................... 100.000 99.6 99.7 1.7 0.6 0.2 -0.1 0.1 0 FOOD AND LIVE ANIMALS........................... 5.671 105.7 108.6 8.9 0.5 -0.2 -0.2 2.7 01 Meat and meat preparations................ 0.958 97.9 101.7 11.0 5.5 1.0 1.6 3.9 03 Fish, crustaceans, aquatic invertebrates and preparations thereof........... 0.441 110.8 119.1 30.3 1.5 3.4 2.4 7.5 04 Cereals and cereal preparations........... 1.779 119.9 124.3 19.7 0.2 -0.9 -1.8 3.7 05 Vegetables, fruit and nuts, fresh or dried..................... 1.048 95.3 95.5 -8.0 -3.2 -2.4 0.2 0.2 08 Feeding stuff for animals (not including unmilled cereals)........ 0.576 104.8 107.0 7.0 0.0 0.6 -0.7 2.1 09 Miscellaneous edible products and preparations....................... 0.407 101.1 101.1 0.4 0.2 0.0 0.1 0.0 2/ Other food and live animals..................... 0.463 100.8 101.2 2.1 1.0 -0.1 0.0 0.4 1 BEVERAGES AND TOBACCO........................... 0.892 97.6 97.4 -0.3 0.3 -0.1 0.2 -0.2 12 Tobacco and tobacco manufactures.......... 0.678 96.0 95.8 -1.2 0.2 -0.1 0.1 -0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS......... 4.019 103.9 104.8 14.2 1.2 1.1 1.8 0.9 22 Oil seeds and oleaginous fruits........... 0.888 118.9 127.4 34.0 -2.3 0.0 2.0 7.1 24 Cork and wood............................. 0.538 91.4 91.2 4.3 0.2 0.1 0.2 -0.2 25 Woodpulp and recovered paper.............. 0.567 90.7 89.9 11.0 4.6 2.9 2.0 -0.9 26 Textile fibers and their waste............ 0.456 106.0 104.6 23.2 1.4 3.3 1.0 -1.3 28 Metalliferous ores and metal scrap........ 0.628 108.2 106.0 7.2 5.0 -0.3 3.7 -2.0 2/ Other crude materials, inedible, except fuels.................................... 0.943 110.2 109.9 6.7 0.8 1.5 1.3 -0.3 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS............................. 1.938 107.4 102.1 7.0 10.8 4.8 -17.4 -4.9 32 Coal, coke and briquettes................. 0.345 111.8 112.2 0.7 0.0 0.2 -1.8 0.4 33 Petroleum, petroleum products and related materials.................. 1.391 102.8 96.4 6.9 13.7 5.9 -21.0 -6.2 5 CHEMICALS AND RELATED PRODUCTS, N.E.S........... 11.233 101.4 101.3 6.5 1.3 0.9 1.3 -0.1 51 Organic chemicals......................... 2.601 102.6 103.5 14.4 2.3 1.9 1.3 0.9 52 Inorganic chemicals....................... 0.725 98.1 98.7 -1.8 0.1 0.3 0.0 0.6 53 Dyeing, tanning and coloring materials.... 0.558 99.2 99.3 2.2 0.2 0.2 0.8 0.1 54 Medicinal and pharmaceutical products..... 1.832 103.9 103.9 3.7 2.0 0.0 -0.2 0.0 55 Essential oils; polishing and cleansing preps.............................. 0.712 96.0 95.9 -1.2 0.6 0.2 -0.2 -0.1 56 Fertilizers............................... 0.367 112.4 118.5 20.1 2.1 2.6 3.9 5.4 57 Plastics in primary forms................. 1.917 103.7 100.7 9.2 2.1 2.5 4.2 -2.9 58 Plastics in nonprimary forms.............. 0.811 97.8 98.0 2.5 0.4 -0.3 0.6 0.2 59 Chemical materials and products, n.e.s.... 1.711 101.6 101.4 4.1 0.0 0.2 0.8 -0.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL........................... 9.646 99.4 99.3 2.0 0.4 0.1 -0.1 -0.1 62 Rubber manufactures, n.e.s................ 0.784 108.6 108.6 7.0 1.6 -0.4 0.2 0.0 64 Uncoated Paper/paperboard, and linerboard..................... 1.428 96.9 97.0 4.2 -0.1 -0.5 0.2 0.1 65 Textile yarn, fabrics, and made-up articles, n.e.s............ 1.492 101.6 101.7 3.5 0.7 0.3 -0.4 0.1 66 Nonmetallic mineral manufactures, n.e.s.............................. 1.412 100.4 100.4 -1.6 -0.1 0.1 -0.1 0.0 67 Iron and steel............................ 0.891 105.2 105.1 4.7 -0.1 0.2 0.7 -0.1 68 Nonferrous metals......................... 0.912 82.2 79.1 -8.6 1.2 1.3 -2.5 -3.8 69 Manufactures of metals, n.e.s............. 2.310 104.3 104.8 2.7 0.1 -0.2 0.8 0.5 2/ Other manufactured goods classified chiefly by material (200112=100)......... 0.418 104.4 105.5 5.7 1.3 0.0 0.0 1.1 7 MACHINERY AND TRANSPORT EQUIPMENT............... 53.502 98.5 98.5 -0.8 0.0 -0.1 0.0 0.0 71 Power generating machinery and equipment.......................... 4.815 107.2 107.2 2.5 0.3 0.1 0.3 0.0 72 Machinery specialized for particular industries......................... 4.485 102.5 102.4 0.4 0.0 0.0 0.3 -0.1 73 Metalworking machinery.................... 0.898 100.6 100.8 1.1 0.9 0.1 -1.1 0.2 74 General industrial machinery, equipment, & parts, n.e.s.......... 4.803 102.2 102.2 -0.1 0.3 -0.2 0.1 0.0 75 Computer equipment and office machines.... 6.908 88.5 88.8 -3.2 0.3 -0.4 -0.2 0.3 76 Telecommunications & sound recording & reproducing apparatus & equipment 4.223 94.2 94.0 -3.9 0.0 -0.4 -0.8 -0.2 77 Electrical machinery and equipment........ 13.785 92.1 92.0 -2.7 -0.2 -0.1 0.1 -0.1 78 Road vehicles............................. 8.195 101.1 101.0 0.6 -0.1 -0.2 0.2 -0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES............. 11.833 100.7 100.9 0.6 0.1 -0.1 0.2 0.2 82 Furniture and parts thereof............... 0.712 101.4 101.4 -0.2 -0.3 0.0 0.3 0.0 84 Articles of apparel and clothing accessories........................ 1.130 96.9 96.9 -1.9 0.6 0.0 -0.6 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s... 4.433 101.6 102.0 0.7 0.0 -0.4 0.1 0.4 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.. 1.142 97.5 97.6 0.8 0.4 0.8 0.4 0.1 89 Miscellaneous manufactured articles, n.e.s.............................. 4.033 101.4 101.4 1.1 0.1 -0.1 0.5 0.0 2/ Other miscellaneous manufactured articles................................. 0.384 103.3 103.1 1.4 0.5 0.2 0.2 -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 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance May Jan. Feb. March April nized Description 2002 2003 2003 2003 2003 System April April May to to to to to 2003 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 I LIVE ANIMALS; ANIMAL PRODUCTS..................... 1.292 96.7 96.6 7.8 3.2 0.7 1.8 -0.1 02 Meat and edible meat offal.................. 0.318 107.7 109.8 3.7 6.0 -0.5 0.3 1.9 03 Fish and crustaceans, molluscs and other aquatic invertebrates.......... 0.598 84.2 83.7 4.1 1.7 -1.1 2.7 -0.6 2/ Other live animals; animal products......... 0.376 122.4 121.2 18.7 2.8 5.1 1.7 -1.0 II VEGETABLE PRODUCTS................................ 1.225 102.8 101.7 2.3 -2.6 0.5 -1.1 -1.1 07 Edible vegetables, roots, and tubers........ 0.287 121.2 113.0 -8.7 -9.9 10.6 -4.2 -6.8 08 Edible fruit and nuts; peel of citrus fruit or melons...................... 0.341 97.3 95.9 -1.0 -0.9 -1.4 -0.4 -1.4 09 Coffee, tea, mate and spices................ 0.232 80.9 83.9 17.5 0.6 -8.3 1.8 3.7 2/ Other vegetable products.................... 0.365 111.2 112.0 6.1 -0.4 0.8 -0.9 0.7 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO................................. 1.987 107.3 105.7 4.0 0.8 -0.6 0.0 -1.5 20 Preparations of vegetables, fruit, nuts, or other parts of plants....... 0.231 97.4 97.7 3.5 0.3 -0.6 -1.1 0.3 22 Beverages, spirits, and vinegar............. 0.756 102.2 102.1 0.4 0.3 0.1 0.2 -0.1 2/ Other prepared foodstuffs................... 1.000 114.3 110.8 7.1 1.4 -1.1 0.2 -3.1 V MINERAL PRODUCTS.................................. 12.432 100.7 99.8 12.8 9.9 2.1 -17.6 -0.9 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 12.212 99.7 98.8 13.0 10.0 2.2 -17.9 -0.9 2/ Other mineral products (200112=100)......... 0.220 100.0 100.1 1.8 0.3 0.0 0.0 0.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES.............................. 5.886 99.5 98.5 1.9 0.8 1.3 -0.7 -1.0 28 Inorganic chemicals......................... 0.647 105.3 105.2 10.7 2.0 5.2 -2.7 -0.1 29 Organic chemicals........................... 2.636 97.4 95.6 -1.9 0.4 0.5 -0.9 -1.8 30 Pharmaceutical products..................... 1.086 100.6 100.2 2.9 0.2 -0.2 0.2 -0.4 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty.... 0.236 98.1 98.4 2.9 1.1 0.2 0.2 0.3 33 Essential oils and resinoids (200112=100)............... 0.243 103.1 103.1 4.6 1.0 0.9 1.4 0.0 37 Photographic or cinematographic goods....... 0.226 98.0 97.9 1.1 -0.4 -0.7 1.0 -0.1 38 Miscellaneous chemical products............. 0.363 93.7 93.9 -0.3 0.2 0.4 -2.2 0.2 2/ Other products of the chemical or allied industries..................... 0.449 107.4 105.4 10.1 3.6 7.7 -0.5 -1.9 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF.................... 2.646 102.1 102.5 5.2 0.4 1.2 -0.2 0.4 39 Plastics and articles thereof............... 1.712 101.2 101.9 4.9 0.2 1.1 0.0 0.7 40 Rubber and articles thereof................. 0.934 103.9 103.8 5.8 0.6 1.4 -0.6 -0.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC....................... 0.765 99.7 99.8 2.1 0.0 1.2 0.0 0.1 42 Articles of leather; travel goods, bags, etc. of various materials............ 0.638 100.6 100.8 2.3 0.0 1.4 0.0 0.2 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK............... 1.328 94.0 95.6 -4.6 2.6 -1.0 -1.4 1.7 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS.......................... 1.871 94.9 95.1 4.4 0.4 1.1 1.7 0.2 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard..... 0.277 93.0 96.5 29.5 2.8 7.1 8.6 3.8 48 Paper and paperboard; articles of paper pulp, paper or paperboard............ 1.258 92.8 92.4 1.0 0.0 0.3 0.7 -0.4 49 Printed matter.............................. 0.337 110.9 110.0 0.2 0.1 -0.1 0.2 -0.8 XI TEXTILE AND TEXTILE ARTICLES...................... 6.645 100.2 100.3 1.6 0.4 0.1 0.0 0.1 61 Articles of apparel and clothing accessories, knitted or crocheted.... 2.367 101.1 101.3 3.5 0.5 0.2 0.3 0.2 62 Articles of apparel and clothing accessories, not knitted or crocheted 2.912 100.2 100.2 -0.3 -0.1 0.0 0.0 0.0 63 Made-up or worn textile articles............ 0.380 93.9 93.7 -2.8 0.0 -0.4 -0.5 -0.2 2/ Other textile & textile articles............ 0.986 101.3 101.2 4.8 1.9 0.1 0.0 -0.1 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC................. 1.534 99.1 99.1 0.1 0.1 0.2 -0.2 0.0 64 Footwear and parts of such articles........ 1.311 99.6 99.7 0.6 0.1 0.2 -0.2 0.1 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc.............. 0.223 95.9 96.0 -2.5 0.1 -0.2 -0.5 0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC..................... 1.073 101.7 101.7 0.7 0.3 0.0 -0.2 0.0 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)....... 0.304 99.5 99.4 -0.3 0.2 0.3 0.0 -0.1 69 Ceramic products............................ 0.370 102.6 102.6 2.5 0.2 0.4 0.2 0.0 70 Glass and glassware......................... 0.398 102.3 102.3 -0.1 0.5 -0.7 -0.8 0.0 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS............ 2.293 86.8 85.2 -2.1 2.7 -0.8 -1.5 -1.8 XV BASE METALS AND ARTICLES OF BASE METAL............ 4.850 96.3 95.6 3.6 1.3 0.3 0.1 -0.7 72 Iron and steel.............................. 1.336 103.3 101.8 11.1 3.0 -1.1 0.7 -1.5 73 Articles of iron or steel................... 1.200 96.4 96.8 2.1 -0.7 0.5 0.8 0.4 74 Copper and articles thereof................. 0.419 91.7 91.3 -1.0 2.7 -0.5 -0.5 -0.4 76 Aluminum and articles thereof............... 0.785 98.3 96.3 -1.8 0.4 1.7 -0.7 -2.0 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.. 0.397 98.8 98.9 -0.1 0.4 -0.1 -0.6 0.1 83 Miscellaneous articles of base metal........ 0.419 101.4 101.6 1.9 0.8 0.4 -0.9 0.2 2/ Miscellaneous nonferrous metals and articles, including scrap............. 0.295 73.5 72.6 7.6 5.5 2.5 1.1 -1.2 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC..... 30.159 92.9 92.5 -2.6 -0.1 -0.2 0.0 -0.4 84 Machinery and mechanical appliances; parts thereof........................ 14.836 92.9 92.6 -2.1 0.0 0.0 -0.1 -0.3 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts 15.323 92.9 92.5 -3.0 -0.3 -0.2 -0.1 -0.4 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT.......... 16.230 101.0 101.0 0.7 0.2 0.1 0.0 0.0 87 Motor vehicles and their parts.............. 14.623 100.6 100.6 0.6 0.2 0.0 0.0 0.0 88 Aircraft, spacecraft, and parts thereof (200212=100)................. 1.502 101.2 101.2 n.a. 0.3 0.2 0.4 0.0 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES....... 3.635 98.9 99.1 1.4 0.3 0.2 0.0 0.2 90 Optical, photographic, measuring and medical instruments.................. 3.185 98.2 98.4 1.1 0.2 0.2 0.0 0.2 91 Clocks and watches and parts thereof........ 0.327 105.8 105.8 4.3 0.8 0.2 -0.1 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES............... 3.976 97.6 97.5 0.2 0.1 0.0 0.2 -0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg 2.070 98.0 97.9 0.4 0.2 -0.1 0.2 -0.1 95 Toys, games and sports equipment; parts and accessories thereof.............. 1.659 97.3 97.2 -0.1 0.1 0.1 0.1 -0.1 96 Miscellaneous manufactured articles......... 0.247 97.3 97.3 1.4 1.1 -0.2 0.1 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 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance May Jan. Feb. March April nized Description 2002 2003 2003 2003 2003 System April April May to to to to to 2003 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 I LIVE ANIMALS; ANIMAL PRODUCTS..................... 1.587 101.9 106.9 13.7 3.7 2.0 1.8 4.9 02 Meat & edible meat offal.................... 0.908 99.7 103.7 10.7 5.9 1.1 1.4 4.0 03 Fish and crustaceans, molluscs and other aquatic invertebrates.......... 0.402 112.5 124.0 34.6 1.8 5.8 3.1 10.2 2/ Other live animals and animal products.............................. 0.277 99.3 99.3 -2.0 0.0 -0.2 0.7 0.0 II VEGETABLE PRODUCTS................................ 3.614 113.3 117.4 13.3 -2.0 -1.2 -0.2 3.6 08 Edible fruit and nuts; peel of citrus fruit or melons...................... 0.482 89.4 91.7 -11.1 -0.5 -5.3 3.0 2.6 10 Cereals..................................... 1.590 121.1 126.0 21.7 0.2 -1.0 -1.9 4.0 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder..... 1.061 118.3 125.8 28.6 -1.9 -0.1 1.8 6.3 III ANIMAL OR VEGETABLE FATS AND OILS................. 0.288 144.4 143.2 24.1 -4.4 0.1 -0.1 -0.8 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO................................. 2.582 101.0 101.8 2.5 0.6 0.2 0.0 0.8 20 Preparations of vegetables, fruit, nuts, or other parts of plants....... 0.312 104.4 104.0 2.3 1.2 0.0 -0.6 -0.4 21 Miscellaneous edible preparations........... 0.349 101.1 101.2 0.5 0.2 0.0 0.0 0.1 23 Residues and waste from the food industries; prepared animal feed..... 0.530 106.5 109.7 8.6 0.2 0.9 0.0 3.0 24 Tobacco and manufactured tobacco substitutes.......................... 0.680 96.0 95.9 -1.2 0.2 -0.1 0.1 -0.1 2/ Other prepared foods........................ 0.712 102.1 102.7 2.8 1.4 0.2 0.2 0.6 V MINERAL PRODUCTS.................................. 2.294 104.2 101.7 7.6 8.4 3.7 -11.5 -2.4 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 1.901 104.9 101.8 8.8 10.1 4.7 -14.6 -3.0 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES.............................. 9.198 102.4 102.5 6.7 1.4 1.3 1.2 0.1 28 Inorganic chemicals......................... 0.806 100.4 100.4 2.7 1.6 0.5 0.6 0.0 29 Organic chemicals........................... 3.001 105.6 105.4 12.5 2.7 2.9 1.7 -0.2 30 Pharmaceutical products..................... 1.463 102.6 102.5 3.7 1.7 -0.1 0.1 -0.1 31 Fertilizers................................. 0.375 113.6 118.9 20.2 1.6 4.9 6.2 4.7 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks....... 0.582 100.2 100.3 2.6 0.3 0.1 1.7 0.1 33 Essential oils and resinoids; perfumery, cosmetic or toilet........ 0.513 96.1 95.9 -2.5 0.7 0.5 -0.2 -0.2 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes... 0.313 99.3 100.5 0.5 -0.3 0.1 0.0 1.2 37 Photographic or cinematographic goods....... 0.457 98.9 99.5 5.4 0.9 1.3 0.9 0.6 38 Miscellaneous chemical products............. 1.455 100.9 100.4 3.6 -0.1 0.2 1.0 -0.5 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF.................... 4.932 104.1 103.2 6.4 1.1 1.1 2.1 -0.9 39 Plastics and articles thereof............... 3.896 102.5 101.4 6.0 1.1 1.3 2.3 -1.1 40 Rubber and articles thereof................. 1.036 110.2 110.3 8.5 1.3 0.2 1.4 0.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC....................... 0.483 106.8 105.7 4.5 0.9 1.2 -0.5 -1.0 41 Raw hides and skins (other than furskins) and leather................ 0.357 110.1 108.2 6.1 0.9 2.8 -1.1 -1.7 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK............... 0.809 93.3 93.4 3.5 0.4 -0.1 0.0 0.1 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS.......................... 2.627 93.8 93.7 3.8 0.9 -0.2 0.9 -0.1 47 Woodpulp and recovered paper................ 0.547 86.7 86.0 8.9 4.2 2.7 2.2 -0.8 48 Paper and paperboard; articles of paper pulp, paper or paperboard............ 1.452 94.2 94.0 3.2 -0.1 -0.7 0.4 -0.2 49 Printed material............................ 0.628 103.8 104.6 0.9 0.4 -1.1 0.5 0.8 XI TEXTILE AND TEXTILE ARTICLES...................... 2.912 97.8 97.7 3.6 0.6 0.9 0.5 -0.1 52 Cotton, including yarns and woven fabrics thereof...................... 0.452 89.0 88.0 17.2 0.9 2.8 0.5 -1.1 54 Manmade filaments, yarns and woven fabrics (200112=100)................. 0.347 110.3 111.4 13.7 0.7 5.5 5.1 1.0 61 Apparel & clothing knitted or crocheted (200112=100)............ 0.578 95.8 95.8 -3.8 0.7 0.0 0.1 0.0 62 Apparel Articles & Accessories, not knitted.......................... 0.458 95.4 95.4 -1.6 0.7 0.1 -1.2 0.0 2/ Other textile and textile articles (200112=100)................. 1.078 106.0 106.0 2.3 0.3 -0.1 -0.1 0.0 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC..................... 0.831 99.4 99.3 -0.9 0.0 0.0 -0.1 -0.1 70 Glass and glassware......................... 0.502 96.7 96.6 -2.8 -0.2 0.1 -0.2 -0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS............ 1.873 90.3 87.4 -1.0 5.0 -0.4 -3.9 -3.2 XV BASE METALS AND ARTICLES OF BASE METALS........... 4.321 100.3 100.0 2.0 0.5 0.8 0.5 -0.3 72 Iron and steel.............................. 0.723 102.1 100.4 4.3 1.6 1.1 1.0 -1.7 73 Articles of iron or steel................... 1.306 105.1 105.2 3.7 -0.1 0.3 1.1 0.1 74 Copper and articles thereof................. 0.438 92.0 91.2 -0.2 2.0 1.1 -1.4 -0.9 76 Aluminum and articles thereof............... 0.722 95.3 94.4 -1.0 -0.3 1.3 -0.8 -0.9 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.. 0.408 100.3 100.5 -1.2 0.5 0.0 0.1 0.2 83 Miscellaneous articles of base metal........ 0.460 104.7 108.4 3.7 -0.1 0.2 -0.3 3.5 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC... 39.869 96.2 96.2 -1.5 0.0 -0.2 0.0 0.0 84 Machinery and mechanical appliances; parts thereof........................ 21.162 99.1 99.2 -0.2 0.4 -0.2 0.0 0.1 85 Electrical machinery and equipment and parts and accessories thereof.... 18.707 92.9 92.8 -2.9 -0.3 -0.2 0.0 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT.......... 13.691 104.3 104.3 1.4 0.0 -0.1 0.2 0.0 87 Motor vehicles and their parts.............. 8.459 101.0 101.0 0.7 0.0 -0.2 0.1 0.0 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES....... 6.297 101.0 101.3 0.8 0.1 -0.3 0.2 0.3 XX MISCELLANEOUS MANUFACTURED ARTICLES............... 1.626 100.7 100.6 -0.9 0.0 0.0 0.2 -0.1 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;... 0.902 101.8 101.7 -0.3 -0.1 0.0 0.3 -0.1 95 Toys, games and sports equipment; parts and accessories thereof.............. 0.555 98.6 98.7 -2.6 0.0 0.0 -0.3 0.1 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, May 2002-May 2003 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage May Jan. Feb. March April Description of 2002 2003 2003 2003 2003 U.S. April May to to to to to Imports 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 2/ Industrialized Countries..................... 51.536 98.1 97.8 2.4 1.4 0.9 -1.9 -0.3 Manufactured Goods...................... 47.500 97.4 97.0 1.0 0.8 0.1 -0.4 -0.4 Nonmanufactured Goods................... 3.633 112.6 113.1 19.4 7.9 9.3 -16.2 0.4 3/ Other Countries.............................. 47.115 93.7 93.5 0.3 1.9 -1.2 -3.1 -0.2 Manufactured Goods...................... 39.179 95.6 95.4 -1.0 0.6 -0.7 -0.9 -0.2 Nonmanufactured Goods................... 7.843 98.8 98.8 7.4 7.8 -3.2 -12.9 0.0 Canada....................................... 18.515 102.6 102.6 4.8 1.9 3.2 -3.8 0.0 Manufactured Goods...................... 15.442 100.9 100.9 2.1 0.6 0.8 0.1 0.0 Nonmanufactured Goods................... 2.749 115.9 116.3 19.8 8.1 13.6 -19.0 0.3 4/ European Union............................... 17.316 102.7 101.7 3.0 1.5 0.1 -0.5 -1.0 Manufactured Goods...................... 16.884 103.2 102.1 2.7 1.4 0.2 -0.2 -1.1 Nonmanufactured Goods................... 0.375 105.4 105.9 14.7 5.4 -1.7 -11.3 0.5 5/ Latin America................................ 17.310 98.8 99.0 1.4 3.0 -1.6 -5.3 0.2 Manufactured Goods...................... 13.644 103.4 103.6 0.2 2.4 -0.3 -3.8 0.2 Nonmanufactured Goods................... 3.634 99.9 100.2 6.1 5.3 -6.1 -10.7 0.3 Japan........................................ 12.262 94.2 94.0 -1.4 0.2 -0.1 -0.2 -0.2 6/ Asian Newly Industrialized Countries......... 9.281 91.5 91.5 -1.4 0.1 -0.2 0.3 0.0 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 May 2002-May 2003 2000 = 100, unless otherwise noted Index Percent Change Annual Monthly Trade May Jan. Feb. March April Description (Mil. 2002 2003 2003 2003 2003 of April May to to to to to Dollars) 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 IMPORT Air Passenger Fares........................ 18253 117.9 117.7 4.4 -0.5 1.2 8.6 -0.2 Europe.............................. 11250 117.0 117.5 4.0 -0.1 2.6 14.5 0.4 Asia................................ 2626 108.4 110.2 10.1 -3.7 -0.8 0.8 1.7 Latin America / Caribbean........... 1916 105.0 104.6 -0.8 1.4 1.4 -3.8 -0.4 EXPORT Air Passenger Fares........................ 20319 108.9 114.0 10.5 -3.1 1.2 0.5 4.7 Europe.............................. 5394 130.6 135.8 19.3 -0.6 2.3 3.7 4.0 Asia................................ 8936 93.4 102.5 5.7 -5.9 1.6 -4.0 9.7 Latin America / Caribbean........... 3474 117.2 117.2 -4.0 -4.3 -2.2 0.4 0.0 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. 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 May 2002-May 2003 2000 = 100, unless otherwise noted Index Percent Change Annual Monthly Trade May Jan. Feb. March April Description (Mil. 2002 2003 2003 2003 2003 of April May to to to to to Dollars) 2003 2003 May Feb. March April May 1/ 2003 2003 2003 2003 2003 Air Passenger Fares (U.S. Carrier)......... 45965 113.2 115.8 7.0 -1.3 1.1 1.1 2.3 Europe................................ 16000 121.9 125.0 9.5 -0.7 1.5 3.4 2.5 Asia.................................. 13499 101.5 107.9 3.9 -4.7 1.2 -2.0 6.3 Latin America / Caribbean............. 10764 122.9 122.0 0.4 -0.7 0.7 0.0 -0.7 Canada................................ 3519 122.2 124.2 19.2 6.4 1.7 0.8 1.6 Air Passenger Fares (Foreign Carrier)...... 39205 115.1 118.7 10.6 0.4 0.4 3.0 3.1 Europe................................ 21511 123.6 126.5 12.9 2.3 0.4 7.9 2.3 Asia.................................. 8446 96.2 105.6 8.3 -5.6 0.4 -5.7 9.8 Latin America / Caribbean............. 4107 112.2 112.0 2.0 0.9 -0.9 -2.1 -0.2 Canada (200212=100)................... 2368 103.0 103.9 n.a. 1.4 0.8 0.3 0.9 Crude Oil Tanker Freight (Inbound)......... 3434 n.a. n.a. n.a. 29.7 22.4 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. 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