Technical Information: USDL-04-1520 (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, August 12, 2004 U.S. IMPORT AND EXPORT PRICE INDEXES - JULY 2004 - The U.S. Import Price Index rose 0.2 percent in July, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase resumed the upward trend in the index, following a modest 0.1 percent decrease in June. Export prices rose 0.4 percent in July, after a 0.7 percent decline in June. 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 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 0.4 0.7 1.5 0.6 March 0.8 5.1 0.2 0.8 3.5 0.5 April 0.2 -0.2 r 0.3 r 0.7 2.5 r 0.5 May 1.5 r 9.5 r 0.3 0.4 0.5 0.3 June -0.1 r -0.9 r 0.0 -0.7 r -4.6 -0.2 r July 0.2 0.9 0.1 0.4 -1.0 0.6 July 2002-03 2.3 14.6 1.1 1.1 6.3 0.7 July 2003-04 5.5 29.5 2.6 4.4 14.8 3.5 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices increased 0.2 percent in July, following a petroleum- driven 0.1 percent decline in June. Prior to the June downturn, import prices had been up in each of the previous eight months. Import petroleum prices advanced 0.9 percent in July, contributing to the overall increase in import prices and reversing the 0.9 percent downturn for the index in June. Prices for petroleum imports were up 29.5 percent over the past 12 months. Nonpetroleum prices also rose in July, edging up 0.1 percent. Prices for nonpetroleum imports have not declined since October and were up 2.6 percent for the year ended in July. Overall, import prices rose 5.5 percent over the same period. The price index for nonpetroleum industrial supplies and materials was up 0.2 percent in July as higher prices for chemicals and metals more than offset lower building materials prices. Nonpetroleum industrial supplies and materials prices were up 13.0 percent over the year. Prices for foods, feeds, and beverages and for automotive vehicles also increased in July, rising 0.6 percent and 0.1 percent, respectively. For the year ended in July, foods, feeds, and beverages prices were up 5.9 percent, while prices for import automotive vehicles rose 1.7 percent. Prices for consumer goods were unchanged for the second consecutive month in July. Consumer goods prices increased 0.4 percent over the year. In contrast, capital goods prices were down in July, falling 0.1 percent. The price index for capital goods has not posted a monthly increase since January, largely due to lower prices for computers, peripherals, and semiconductors. Prices for imported capital goods were down 1.7 percent over the July 2003-2004 period. Export Goods Export prices rose 0.4 percent in July, as higher prices for nonagricultural exports more than offset a decline in the price index for agricultural exports. Nonagricultural export prices were up 0.6 percent in July, resuming the upward trend for the index after decreasing 0.2 percent in June. For the year ended in July, prices for nonagricultural exports were up 3.5 percent. Overall, export prices rose 4.4 percent over the same period. The index for nonagricultural industrial supplies and materials prices, up 1.6 percent in July, led the increase in nonagricultural export prices. Rising prices for iron and steel led the increase, while higher prices for fuels, chemicals, and paper also were contributing factors. The price index for nonagricultural industrial supplies and materials was up 12.1 percent over the past year. Prices for consumer goods rose 0.5 percent in July, led by higher prices for medical, dental, and pharmaceutical materials. Consumer goods prices were up 1.3 percent over the past 12 months. Prices for capital goods and for automotive vehicles increased 0.1 percent and 0.2 percent, respectively, in July. Over the past year, capital goods prices rose 0.5 percent, and prices for automotive vehicles were up 0.7 percent. In contrast, agricultural export prices were down for the second consecutive month, declining 1.0 percent in July. The decrease followed a 4.6 percent drop in June, as lower prices for corn, meat, and wheat more than compensated for an increase in soybean prices in July. Despite the recent declines, prices for agricultural exports were up 14.8 percent over the past year. Imports by Locality of Origin Import prices from Japan rose 0.4 percent in July after falling 0.2 percent in the previous month. The July increase was the largest monthly gain since December. The price index for imports from Japan was up 1.4 percent over the past 12 months. Prices for imports from the Asian Newly Industrialized Countries increased 0.1 percent in July, following a 0.3 percent drop in June. The index was down 0.9 percent for the year ended in July. The price indexes for imports from Latin America and from the European Union both were up in July, rising 0.8 percent and 0.3 percent, respectively. Import prices from Latin America were up 9.1 percent for the year ended in July, while prices for imports from the European Union were up 5.3 percent over the same period. In contrast, import prices from Canada fell 0.2 percent in July, the first decline for the index since October 2003. The index was up 7.9 percent over the past year. Import and Export Services Import air passenger fares rose 2.8 percent in July, the fourth consecutive monthly increase. Despite the upward trend of the past four months, the index was down 2.2 percent for the year ended in July. Export air passenger fares also increased in July, rising 4.7 percent for the month. The advance followed a modest 0.2 percent rise in June and was attributable to seasonal rate hikes. Over the past 12 months, export air passenger fares were up 4.9 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 August are scheduled for release on September 9 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance July March April May June END Description 2003 2004 2004 2004 2004 USE June June July to to to to to 2004 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES.......................................... 100.000 101.8 102.0 5.5 0.2 1.5 -0.1 0.2 ALL IMPORTS EXCLUDING PETROLEUM.......................... 86.650 99.7 99.8 2.6 0.3 0.3 0.0 0.1 ALL IMPORTS EXCLUDING FUELS (200112=100)...................................... 84.690 102.7 102.8 2.3 0.3 0.2 -0.2 0.1 0 FOODS, FEEDS, & BEVERAGES.............................. 4.576 106.9 107.5 5.9 1.2 -0.3 0.0 0.6 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.373 114.2 114.2 6.0 1.1 -0.1 0.1 0.0 01 Nonagricultural foods (fish, distilled beverages) 1.203 90.5 92.5 5.1 1.8 -1.1 -0.2 2.2 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 29.892 119.5 120.1 19.9 1.1 5.1 -0.2 0.5 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 16.542 112.5 112.7 13.0 1.9 1.8 0.4 0.2 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (200112=100).................. 14.582 119.8 120.4 13.2 1.9 1.5 -0.6 0.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 9.045 112.8 112.6 18.7 3.0 2.2 -1.3 -0.2 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.496 112.0 112.7 7.0 0.7 1.2 2.6 0.6 10 Fuels & lubricants............................... 15.310 131.3 132.0 27.0 0.3 8.6 0.2 0.5 100 Petroleum & petroleum products............... 13.350 130.1 131.3 29.5 -0.2 9.5 -0.9 0.9 10000 Crude................................ 9.688 129.3 132.3 26.8 0.7 7.9 -1.4 2.3 11 Paper & paper base stocks........................ 1.072 99.0 99.8 6.6 1.3 1.4 0.8 0.8 12 Materials associated with nondurable supplies & materials...................... 4.592 106.0 107.6 4.6 -0.3 0.2 0.7 1.5 13 Selected building materials...................... 2.317 120.4 117.2 15.1 1.5 2.8 -2.6 -2.7 14 Unfinished metals related to durable goods....... 3.561 124.5 126.2 36.9 5.9 3.7 -1.3 1.4 15 Finished metals related to durable goods......... 1.450 108.1 108.9 11.2 2.5 0.6 0.1 0.7 16 Nonmetals related to durable goods............... 1.590 98.7 97.9 0.0 0.0 -0.3 -0.3 -0.8 2 CAPITAL GOODS.......................................... 22.931 92.3 92.2 -1.7 -0.5 0.0 -0.3 -0.1 20 Electric generating equipment.................... 2.801 97.1 97.6 0.8 -0.6 0.0 -0.1 0.5 21 Nonelectrical machinery.......................... 17.889 90.1 90.0 -2.5 -0.7 -0.1 -0.4 -0.1 22 Transportation equipment excluding motor vehicles (200112=100)............... 2.241 104.0 103.8 1.7 0.4 0.0 0.1 -0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 17.159 102.2 102.3 1.7 0.2 0.0 0.2 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 25.442 98.5 98.5 0.4 -0.1 -0.1 0.0 0.0 40 Nondurables, manufactured........................ 12.438 100.9 101.2 1.3 -0.2 -0.1 -0.1 0.3 41 Durables, manufactured........................... 11.745 96.1 95.9 -0.4 0.0 -0.3 0.1 -0.2 42 Nonmanufactured consumer goods................... 1.259 96.8 97.4 1.8 0.0 0.9 -0.5 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 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance July March April May June END Description 2003 2004 2004 2004 2004 USE June June July to to to to to 2004 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 103.4 103.8 4.4 0.7 0.4 -0.7 0.4 AGRICULTURAL COMMODITIES.................................... 9.687 127.5 126.2 14.8 2.5 0.5 -4.6 -1.0 NONAGRICULTURAL COMMODITIES................................. 90.313 101.5 102.1 3.5 0.5 0.3 -0.2 0.6 0 FOODS, FEEDS, & BEVERAGES................................. 8.899 129.3 128.3 15.8 3.3 0.6 -4.6 -0.8 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 8.153 131.2 130.1 17.2 3.5 0.7 -4.9 -0.8 01 Nonagricultural foods (fish, distilled beverages)... 0.746 111.2 111.3 1.8 1.2 -0.7 -1.2 0.1 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 26.398 109.5 111.0 11.4 0.9 1.0 -0.6 1.4 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 10.035 111.6 114.2 14.4 1.5 0.3 -0.6 2.3 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 16.362 108.4 109.2 9.5 0.5 1.5 -0.6 0.7 10 Agricultural industrial supplies & materials........ 1.534 110.7 108.2 3.3 -2.0 -1.0 -2.6 -2.3 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 24.864 109.5 111.3 12.1 1.0 1.2 -0.5 1.6 11 Fuels & lubricants.................................. 2.803 114.1 117.5 21.1 0.6 7.2 -2.9 3.0 12 Nonagricultural supplies & materials excluding fuels & building materials......... 20.863 109.6 111.3 11.3 1.2 0.4 -0.2 1.6 13 Selected building materials......................... 1.198 103.4 102.8 5.4 1.1 0.5 -0.5 -0.6 2 CAPITAL GOODS............................................. 41.267 98.1 98.2 0.5 0.1 0.0 0.0 0.1 20 Electrical generating equipment..................... 3.985 101.9 102.1 0.3 -0.3 -0.1 0.3 0.2 21 Nonelectrical machinery............................. 29.688 94.5 94.5 -0.1 0.1 0.1 -0.2 0.0 22 Transportation equipment excluding motor vehicles (200112=100).................. 7.594 107.2 107.7 3.2 0.3 0.0 0.3 0.5 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 11.477 102.3 102.5 0.7 0.3 0.1 0.0 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 11.959 100.4 100.9 1.3 0.2 0.1 -0.1 0.5 40 Nondurables, manufactured........................... 5.853 99.9 100.8 2.0 0.2 0.0 -0.2 0.9 41 Durables, manufactured.............................. 5.364 100.6 100.9 0.7 0.4 0.1 0.0 0.3 42 Nonmanufactured consumer goods (200112=100)......... 0.743 101.0 101.0 0.6 -0.2 -0.3 0.4 0.0 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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance July March April May June SITC Description 2003 2004 2004 2004 2004 Rev. 3 June June July to to to to to 2004 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 101.8 102.0 5.5 0.2 1.5 -0.1 0.2 0 FOOD AND LIVE ANIMALS..................................... 3.617 106.6 107.7 7.5 0.9 -0.3 0.5 1.0 01 Meat and meat preparations.......................... 0.430 126.4 134.2 25.9 1.1 2.8 1.0 6.2 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.865 84.1 86.0 3.0 2.2 -1.3 0.1 2.3 05 Vegetables, fruit and nuts, fresh or dried.......... 0.864 105.9 103.3 -3.4 -1.6 -3.1 -0.2 -2.5 07 Coffee, tea, cocoa, spices and manufactures thereof. 0.433 107.1 102.7 7.8 1.9 -1.2 4.6 -4.1 2/ Other food and live animals............................... 1.025 123.4 127.1 13.7 1.8 2.1 -0.6 3.0 1 BEVERAGES AND TOBACCO..................................... 0.926 105.3 105.3 1.2 0.0 0.1 -0.1 0.0 11 Beverages........................................... 0.816 105.6 105.6 1.5 0.0 0.2 -0.1 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 2.175 125.8 125.7 24.8 2.4 3.6 -1.2 -0.1 24 Cork and wood....................................... 0.898 136.1 132.1 32.0 3.6 8.8 -2.1 -2.9 25 Woodpulp and recovered paper........................ 0.269 106.5 108.0 15.4 5.7 2.6 3.0 1.4 28 Metalliferous ores and metal scrap.................. 0.379 140.4 144.4 44.0 0.1 -3.2 -2.2 2.8 29 Crude animal and vegetable materials, n.e.s......... 0.220 98.0 101.2 1.8 -0.4 2.8 -4.0 3.3 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 14.973 132.0 132.7 25.2 0.2 8.8 0.2 0.5 33 Petroleum, petroleum products and related materials. 13.095 130.5 131.7 27.4 0.2 9.4 -0.8 0.9 34 Gas, natural and manufactured....................... 1.878 140.0 137.3 13.0 0.3 5.0 8.1 -1.9 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 7.667 103.8 105.6 5.6 -0.3 -0.1 0.4 1.7 51 Organic chemicals................................... 2.584 99.9 101.5 5.1 0.7 -0.3 0.8 1.6 52 Inorganic chemicals................................. 0.604 119.3 126.7 19.1 -3.8 1.1 1.8 6.2 53 Dyeing, tanning and coloring materials.............. 0.207 101.0 101.2 3.3 1.1 0.2 0.2 0.2 54 Medicinal and pharmaceutical products............... 2.264 107.2 108.1 4.8 -0.4 -0.4 -0.1 0.8 55 Essential oils; polishing and cleansing preps....... 0.330 93.5 93.6 -5.5 -0.2 -0.1 0.1 0.1 57 Plastics in primary forms........................... 0.593 104.6 108.1 3.6 -1.3 0.3 -1.1 3.3 58 Plastics in nonprimary forms........................ 0.371 102.1 102.7 1.4 0.0 -0.1 -0.7 0.6 59 Chemical materials and products, n.e.s.............. 0.527 95.2 95.6 2.5 -0.4 -0.3 0.1 0.4 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 12.146 106.1 106.1 11.8 1.9 1.2 -0.7 0.0 62 Rubber manufactures, n.e.s.......................... 0.656 100.1 100.0 1.4 0.2 0.1 0.1 -0.1 63 Cork and wood manufactures other than furniture..... 0.858 118.6 111.3 7.4 1.0 -1.1 -7.1 -6.2 64 Paper and paperboard, cut to size................... 1.244 95.6 96.3 3.3 -0.2 0.7 0.1 0.7 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod........... 1.437 103.8 103.9 2.3 0.3 -0.3 0.1 0.1 66 Nonmetallic mineral manufactures, n.e.s............. 2.172 99.6 99.8 1.9 0.3 0.1 0.2 0.2 67 Iron and steel...................................... 1.840 144.8 146.4 45.1 8.8 8.7 2.7 1.1 68 Nonferrous metals................................... 1.829 101.8 101.9 30.6 3.1 0.3 -4.1 0.1 69 Manufactures of metals, n.e.s....................... 2.005 102.3 102.6 4.5 1.2 0.0 0.0 0.3 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 41.176 95.1 95.0 -0.7 -0.3 0.0 -0.1 -0.1 71 Power generating machinery and equipment............ 2.904 101.5 101.3 1.3 0.4 -0.1 -0.1 -0.2 72 Machinery specialized for particular industries..... 1.619 106.4 107.3 4.6 -0.2 0.1 -0.2 0.8 73 Metalworking machinery.............................. 0.445 106.4 107.0 1.7 -0.7 -0.5 0.3 0.6 74 General industrial machinery, equipment, & machine parts, n.e.s............ 3.114 103.5 104.5 3.7 0.2 0.1 -0.1 1.0 75 Computer equipment and office machines.............. 5.591 75.4 74.9 -7.1 -1.5 -0.1 -1.3 -0.7 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 5.015 84.8 84.5 -4.7 -0.2 0.0 -0.1 -0.4 77 Electrical machinery and equipment.................. 6.677 94.8 94.4 -1.8 -0.7 0.0 -0.1 -0.4 78 Road vehicles....................................... 14.287 102.4 102.5 1.8 0.2 0.1 0.1 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 16.876 99.9 100.0 0.3 0.0 -0.2 0.0 0.1 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s................... 0.446 93.5 93.5 -1.4 0.3 0.0 0.0 0.0 82 Furniture and parts thereof......................... 1.869 102.4 102.5 2.0 1.2 0.3 0.1 0.1 83 Travel goods, handbags and similar containers....... 0.383 103.4 103.4 1.8 -0.1 0.0 -0.1 0.0 84 Articles of apparel and clothing accessories........ 5.387 100.7 100.9 0.2 0.1 0.0 0.0 0.2 85 Footwear............................................ 1.304 100.4 100.4 0.5 0.0 0.0 -0.2 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 1.772 99.6 100.2 0.7 0.0 0.0 0.0 0.6 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.962 99.0 98.0 -2.1 -0.6 -0.1 -0.3 -1.0 89 Miscellaneous manufactured articles, n.e.s.......... 4.753 98.4 98.2 -0.1 -0.4 -0.9 0.3 -0.2 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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance July March April May June SITC Description 2003 2004 2004 2004 2004 Rev. 3 June June July to to to to to 2004 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 ALL COMMODITIES............................................. 100.000 103.4 103.8 4.4 0.7 0.4 -0.7 0.4 0 FOOD AND LIVE ANIMALS..................................... 7.043 124.1 120.7 12.7 2.8 0.5 -2.1 -2.7 01 Meat and meat preparations.......................... 1.326 127.3 122.8 17.4 0.4 0.1 -0.3 -3.5 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.516 109.4 109.6 2.1 2.6 0.2 -0.7 0.2 04 Cereals and cereal preparations..................... 2.095 141.3 128.6 11.4 5.8 -1.2 -3.2 -9.0 05 Vegetables, fruit and nuts, fresh or dried.......... 1.340 111.6 112.1 10.8 -0.5 3.5 -1.5 0.4 08 Feeding stuff for animals (not including unmilled cereals).................. 0.764 131.8 140.1 29.6 4.3 0.8 -6.1 6.3 09 Miscellaneous edible products and preparations...... 0.463 101.6 101.6 0.0 -0.2 -0.1 -0.1 0.0 2/ Other food and live animals............................... 0.539 114.4 111.8 9.5 5.3 0.8 0.6 -2.3 1 BEVERAGES AND TOBACCO..................................... 0.701 101.6 101.9 4.0 -0.2 -0.1 -0.2 0.3 12 Tobacco and tobacco manufactures.................... 0.450 99.9 100.3 4.2 -0.3 0.0 -0.3 0.4 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 5.448 125.4 129.5 24.6 2.9 -0.3 -5.3 3.3 22 Oil seeds and oleaginous fruits..................... 1.439 168.5 184.5 47.8 8.5 1.0 -15.3 9.5 24 Cork and wood....................................... 0.549 98.3 99.0 9.3 1.1 0.6 0.1 0.7 25 Woodpulp and recovered paper........................ 0.682 100.8 100.0 17.0 4.9 1.6 0.4 -0.8 26 Textile fibers and their waste...................... 0.574 108.7 101.5 -4.4 -4.9 -0.9 -5.4 -6.6 28 Metalliferous ores and metal scrap.................. 1.197 166.3 176.5 57.2 2.8 -3.5 -2.2 6.1 2/ Other crude materials, inedible, except fuels............. 1.007 110.1 111.1 4.0 -0.9 0.6 0.9 0.9 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 2.286 130.3 136.2 24.0 0.2 9.7 -3.6 4.5 33 Petroleum, petroleum products and related materials. 1.653 127.7 133.2 25.8 -0.2 12.7 -5.4 4.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 13.452 105.8 106.8 7.2 0.6 0.1 0.2 0.9 51 Organic chemicals................................... 3.081 114.8 116.6 18.3 2.0 0.7 0.9 1.6 52 Inorganic chemicals................................. 0.803 98.1 97.5 -0.9 -0.1 -1.6 0.3 -0.6 53 Dyeing, tanning and coloring materials.............. 0.583 98.0 98.2 -0.7 0.0 0.4 0.3 0.2 54 Medicinal and pharmaceutical products............... 2.461 105.8 107.9 2.0 0.2 0.0 0.1 2.0 55 Essential oils; polishing and cleansing preps....... 0.952 104.3 104.3 7.0 -0.2 0.3 -0.1 0.0 56 Fertilizers......................................... 0.448 135.9 136.2 20.5 3.5 -2.6 -2.4 0.2 57 Plastics in primary forms........................... 2.292 103.5 104.3 9.7 0.1 0.9 0.4 0.8 58 Plastics in nonprimary forms........................ 0.871 96.4 97.3 -1.1 -0.5 -0.2 -0.3 0.9 59 Chemical materials and products, n.e.s.............. 1.961 104.8 104.6 2.5 0.0 0.0 0.0 -0.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 10.261 106.8 108.3 8.4 1.4 0.9 0.3 1.4 62 Rubber manufactures, n.e.s.......................... 0.774 111.4 112.0 1.7 0.5 -0.1 0.5 0.5 64 Uncoated Paper/paperboard, and linerboard........... 1.499 99.3 101.6 3.1 0.8 0.3 0.3 2.3 65 Textile yarn, fabrics, and made-up articles, n.e.s.. 1.622 104.5 105.1 2.1 0.0 -0.1 0.5 0.6 66 Nonmetallic mineral manufactures, n.e.s............. 1.476 100.0 100.1 -0.3 0.0 -0.2 0.5 0.1 67 Iron and steel...................................... 1.188 145.0 152.6 45.3 6.6 6.8 2.0 5.2 68 Nonferrous metals................................... 1.099 95.4 95.4 19.5 4.3 -0.5 -2.3 0.0 69 Manufactures of metals, n.e.s....................... 2.152 108.2 110.9 5.9 0.7 1.1 0.7 2.5 2/ Other manufactured goods classified chiefly by material (200112=100)................... 0.452 118.2 113.3 4.6 0.9 0.2 -3.0 -4.1 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 48.641 98.4 98.5 0.5 0.2 0.0 0.0 0.1 71 Power generating machinery and equipment............ 4.886 108.7 108.9 1.4 -0.6 0.0 0.0 0.2 72 Machinery specialized for particular industries..... 3.712 105.5 105.6 2.3 0.9 0.4 0.0 0.1 73 Metalworking machinery.............................. 0.634 100.7 100.7 -0.3 -0.2 -0.1 0.1 0.0 74 General industrial machinery, equipment, & parts, n.e.s.................... 4.734 105.0 105.4 2.8 0.5 0.3 0.2 0.4 75 Computer equipment and office machines.............. 5.613 88.7 88.3 0.1 0.5 0.0 -0.1 -0.5 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 3.411 91.9 91.8 -1.7 -0.2 -0.2 -0.1 -0.1 77 Electrical machinery and equipment.................. 11.249 88.3 88.3 -1.7 -0.1 0.0 -0.2 0.0 78 Road vehicles....................................... 8.806 102.4 102.6 1.3 0.4 0.0 0.1 0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 11.173 100.8 101.0 0.0 0.1 0.0 -0.2 0.2 82 Furniture and parts thereof......................... 0.636 102.3 102.6 1.2 0.0 0.1 -0.2 0.3 84 Articles of apparel and clothing accessories........ 0.864 96.9 97.0 0.2 0.1 0.0 0.0 0.1 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 4.242 102.0 101.8 -0.6 -0.1 -0.1 -0.1 -0.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.947 94.3 95.2 -0.3 -0.4 0.0 -0.3 1.0 89 Miscellaneous manufactured articles, n.e.s.......... 4.096 101.6 102.0 0.3 0.4 0.0 -0.2 0.4 2/ Other miscellaneous manufactured articles................. 0.389 107.7 108.1 3.3 0.1 0.0 1.3 0.4 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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance July March April May June nized Description 2003 2004 2004 2004 2004 System June June July to to to to to 2004 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.550 107.2 112.7 16.2 2.0 1.8 0.4 5.1 02 Meat and edible meat offal.......................... 0.384 127.7 135.2 25.3 0.1 3.1 1.0 5.9 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.682 83.4 86.1 2.0 1.8 -2.0 0.1 3.2 2/ Other live animals; animal products................. 0.484 151.8 162.6 32.5 4.0 6.7 0.3 7.1 II VEGETABLE PRODUCTS........................................ 1.151 103.0 99.8 -0.4 -1.2 -1.5 0.1 -3.1 07 Edible vegetables, roots, and tubers................ 0.263 113.8 104.0 -9.2 -10.4 -7.8 2.1 -8.6 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.347 96.3 96.1 -0.6 6.6 -0.2 -1.5 -0.2 09 Coffee, tea, mate and spices........................ 0.236 95.6 87.6 8.7 -1.3 -1.2 7.9 -8.4 2/ Other vegetable products............................ 0.305 106.7 109.2 1.7 -0.4 2.3 -5.0 2.3 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.145 108.8 109.5 3.2 1.3 0.1 -0.1 0.6 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.240 100.9 101.3 -0.2 0.8 -0.1 -0.5 0.4 22 Beverages, spirits, and vinegar..................... 0.826 103.6 103.6 1.0 0.0 0.2 -0.1 0.0 2/ Other prepared foodstuffs........................... 1.079 115.4 116.8 5.8 2.5 0.1 0.0 1.2 V MINERAL PRODUCTS.......................................... 15.345 131.3 132.0 26.2 0.4 8.4 0.3 0.5 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 15.026 130.5 131.2 26.5 0.4 8.6 0.3 0.5 2/ Other mineral products (200112=100)................. 0.319 109.6 110.2 8.9 1.3 0.2 0.4 0.5 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.005 103.7 105.6 6.3 -0.2 -0.1 0.7 1.8 28 Inorganic chemicals................................. 0.671 117.1 126.3 20.5 -5.2 1.2 2.2 7.9 29 Organic chemicals................................... 2.864 100.2 102.0 5.4 0.9 -0.3 0.9 1.8 30 Pharmaceutical products............................. 1.949 106.9 107.9 5.2 -0.4 -0.3 -0.3 0.9 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.204 98.5 98.9 1.5 0.5 0.3 0.3 0.4 33 Essential oils and resinoids (200112=100)........... 0.287 105.2 105.1 2.0 -0.3 -0.3 0.1 -0.1 37 Photographic or cinematographic goods............... 0.174 97.3 96.7 -1.2 0.5 0.0 0.0 -0.6 38 Miscellaneous chemical products..................... 0.393 92.2 92.5 -3.8 -1.1 0.0 0.0 0.3 2/ Other products of the chemical or allied industries. 0.463 114.4 117.2 13.8 0.6 0.7 1.5 2.4 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.733 105.8 106.9 3.4 0.2 0.0 -0.4 1.0 39 Plastics and articles thereof....................... 1.811 104.8 106.3 2.8 -0.2 0.0 -0.6 1.4 40 Rubber and articles thereof......................... 0.922 107.8 108.3 4.7 0.8 0.0 0.1 0.5 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.721 101.5 101.4 1.4 0.0 0.1 0.0 -0.1 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.610 101.8 101.8 1.0 -0.1 0.0 -0.1 0.0 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.796 129.3 123.9 18.9 2.0 3.2 -3.8 -4.2 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.841 98.2 98.9 4.0 0.5 0.6 0.5 0.7 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard............. 0.268 106.0 107.6 15.0 5.7 2.5 3.0 1.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.258 94.7 95.4 3.1 -0.2 0.6 0.0 0.7 49 Printed matter...................................... 0.316 112.2 112.4 -0.3 -0.4 -0.4 0.1 0.2 XI TEXTILE AND TEXTILE ARTICLES.............................. 6.368 100.3 100.5 0.6 -0.1 0.0 0.0 0.2 61 Articles of apparel and clothing accessories, knitted or crocheted............ 2.358 99.7 100.1 0.0 0.0 0.0 0.0 0.4 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.577 100.0 100.1 0.2 0.0 0.0 -0.1 0.1 63 Made-up or worn textile articles.................... 0.461 94.3 94.3 0.4 -1.6 -0.2 0.1 0.0 2/ Other textile & textile articles.................... 0.972 105.4 105.6 3.3 0.2 0.0 0.4 0.2 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.525 99.8 99.8 0.3 0.1 -0.1 -0.1 0.0 64 Footwear and parts of such articles................ 1.297 100.2 100.2 0.3 0.0 0.0 -0.2 0.0 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc...................... 0.228 97.2 97.3 -0.3 0.0 -0.1 -0.1 0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 1.029 104.3 104.4 2.1 0.4 -0.2 0.3 0.1 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)............... 0.312 99.0 99.2 -1.3 -0.2 -0.1 -0.1 0.2 69 Ceramic products.................................... 0.358 109.3 109.4 6.2 0.8 0.0 1.1 0.1 70 Glass and glassware................................. 0.360 103.4 103.5 0.6 0.3 -0.5 -0.3 0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.387 93.5 93.8 7.3 1.9 -1.2 -1.1 0.3 XV BASE METALS AND ARTICLES OF BASE METAL.................... 5.572 119.0 120.0 24.2 3.6 3.4 -0.8 0.8 72 Iron and steel...................................... 1.590 155.3 156.8 51.1 9.4 10.8 -0.6 1.0 73 Articles of iron or steel........................... 1.363 109.1 111.2 14.5 1.8 1.3 0.8 1.9 74 Copper and articles thereof......................... 0.457 119.9 120.4 28.9 1.1 -1.9 -2.9 0.4 76 Aluminum and articles thereof....................... 0.863 110.5 107.7 12.1 3.5 1.4 -1.5 -2.5 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.408 103.5 103.7 5.4 0.9 0.0 0.1 0.2 83 Miscellaneous articles of base metal................ 0.456 107.1 107.3 4.8 1.8 0.2 0.2 0.2 2/ Miscellaneous nonferrous metals and articles, including scrap..................... 0.434 103.1 108.2 44.5 -0.7 0.9 -3.6 4.9 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 25.098 90.8 90.5 -2.4 -0.5 -0.1 -0.3 -0.3 84 Machinery and mechanical appliances; parts thereof.. 12.976 90.9 90.8 -1.7 -0.7 0.0 -0.7 -0.1 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 12.122 90.6 90.2 -3.0 -0.5 -0.1 -0.1 -0.4 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 15.938 102.8 102.9 1.9 0.1 0.1 0.2 0.1 87 Motor vehicles and their parts...................... 14.497 102.4 102.5 1.8 0.1 0.1 0.2 0.1 88 Aircraft, spacecraft, and parts thereof (200212=100)......................... 1.318 102.5 102.6 1.5 0.2 0.1 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.312 99.1 99.2 -0.4 -0.2 -0.4 -0.1 0.1 90 Optical, photographic, measuring and medical instruments.......................... 2.922 98.3 98.2 -0.6 -0.2 -0.4 -0.1 -0.1 91 Clocks and watches and parts thereof................ 0.278 106.9 107.5 0.4 -1.2 -0.5 0.5 0.6 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 4.259 97.4 97.4 -0.3 -0.2 0.1 0.1 0.0 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.280 99.8 99.9 1.4 1.0 0.1 0.1 0.1 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.740 94.4 94.4 -2.8 -1.6 0.1 0.0 0.0 96 Miscellaneous manufactured articles................. 0.239 98.3 98.2 1.9 0.1 0.1 0.0 -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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance July March April May June nized Description 2003 2004 2004 2004 2004 System June June July to to to to to 2004 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.987 121.7 117.7 11.9 1.3 0.3 -0.7 -3.3 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.442 106.1 106.6 -1.4 1.8 -0.8 -1.7 0.5 2/ Other live animals and animal products.............. 0.340 121.5 114.1 14.6 9.1 3.7 -1.9 -6.1 II VEGETABLE PRODUCTS........................................ 4.691 140.9 139.4 21.9 5.2 1.0 -7.5 -1.1 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.707 111.7 112.3 18.8 1.1 1.9 6.4 0.5 10 Cereals............................................. 1.813 143.3 128.6 11.1 6.6 -1.4 -3.6 -10.3 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.609 161.0 174.7 42.4 7.7 1.0 -13.9 8.5 III ANIMAL OR VEGETABLE FATS AND OILS......................... 0.370 169.3 170.9 15.3 0.8 0.9 -7.9 0.9 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.747 110.7 113.1 10.3 1.5 0.3 -1.9 2.2 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.321 105.8 106.1 -0.3 -0.4 -0.3 0.1 0.3 21 Miscellaneous edible preparations................... 0.421 102.5 102.5 0.8 -0.1 0.0 0.8 0.0 23 Residues and waste from the food industries; prepared animal feed............. 0.702 138.4 149.0 34.6 4.8 0.8 -7.5 7.7 2/ Other prepared foods................................ 0.853 108.2 108.6 5.5 1.1 0.3 0.3 0.4 V MINERAL PRODUCTS.......................................... 2.807 127.7 132.1 22.0 0.9 6.3 -3.0 3.4 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 2.245 126.0 131.7 22.6 -0.1 9.5 -3.7 4.5 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 10.825 107.5 108.5 7.3 0.7 0.1 0.2 0.9 28 Inorganic chemicals................................. 0.890 101.9 101.2 0.8 -0.2 -0.8 0.1 -0.7 29 Organic chemicals................................... 3.468 114.4 116.7 16.8 1.8 0.9 0.7 2.0 30 Pharmaceutical products............................. 2.007 105.5 107.7 3.3 0.1 0.0 0.1 2.1 31 Fertilizers......................................... 0.430 131.7 132.0 15.9 3.5 -2.6 -2.4 0.2 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.593 98.3 98.5 -0.5 0.0 0.3 0.4 0.2 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.689 106.2 106.1 7.8 -0.2 -0.3 -0.5 -0.1 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.377 104.4 104.3 4.2 -0.2 1.2 1.1 -0.1 37 Photographic or cinematographic goods............... 0.426 98.4 98.8 -1.0 -1.3 -0.4 -0.2 0.4 38 Miscellaneous chemical products..................... 1.642 104.4 104.3 2.9 0.1 -0.2 -0.1 -0.1 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.320 105.7 106.7 4.4 0.0 0.4 0.4 0.9 39 Plastics and articles thereof....................... 4.289 103.8 104.7 4.8 -0.1 0.4 0.3 0.9 40 Rubber and articles thereof......................... 1.031 112.9 114.0 3.0 0.5 0.1 1.1 1.0 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.501 108.5 111.3 6.5 -2.3 -1.4 0.5 2.6 41 Raw hides and skins (other than furskins) and leather........................ 0.450 104.7 107.8 4.6 -1.7 -1.5 0.2 3.0 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.848 103.8 102.6 8.6 1.1 0.5 -0.5 -1.2 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.873 98.2 99.2 5.2 1.7 0.4 -0.2 1.0 47 Woodpulp and recovered paper........................ 0.681 96.6 95.9 17.4 4.6 1.6 0.3 -0.7 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.555 96.4 98.3 2.8 0.7 0.2 0.2 2.0 49 Printed material.................................... 0.637 107.4 108.0 0.1 0.6 -0.5 -1.6 0.6 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.897 98.3 97.2 -1.0 -1.2 -0.1 -1.1 -1.1 52 Cotton, including yarns and woven fabrics thereof... 0.760 95.3 90.0 0.8 -3.9 -1.0 -4.4 -5.6 61 Apparel & clothing knitted or crocheted (200112=100).................... 0.495 95.0 95.1 -0.4 0.2 -0.1 0.0 0.1 62 Apparel Articles & Accessories, not knitted......... 0.376 95.7 95.7 0.3 0.1 0.0 0.0 0.0 2/ Other textile and textile articles (200112=100)..... 1.266 105.9 106.5 -0.7 -0.2 0.2 0.4 0.6 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.802 99.0 99.3 -1.1 -0.5 -0.1 0.3 0.3 70 Glass and glassware................................. 0.483 96.0 96.3 -0.8 -0.9 -0.2 0.6 0.3 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.251 101.6 102.0 11.0 4.3 -0.5 -2.2 0.4 XV BASE METALS AND ARTICLES OF BASE METALS................... 4.897 119.6 124.3 24.4 1.5 1.3 0.1 3.9 72 Iron and steel...................................... 1.148 152.7 168.9 66.2 2.9 3.9 -1.8 10.6 73 Articles of iron or steel........................... 1.310 115.4 119.7 14.7 1.3 3.1 2.1 3.7 74 Copper and articles thereof......................... 0.409 122.7 122.1 30.6 -1.8 -6.8 2.4 -0.5 76 Aluminum and articles thereof....................... 0.811 107.3 107.4 14.3 2.1 1.3 -2.9 0.1 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.403 101.8 102.5 1.3 0.2 0.0 0.3 0.7 83 Miscellaneous articles of base metal................ 0.462 110.0 110.7 2.1 0.3 0.5 0.3 0.6 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 33.812 95.2 95.3 -0.1 0.1 0.0 -0.1 0.1 84 Machinery and mechanical appliances; parts thereof.. 18.737 100.5 100.6 1.4 0.3 0.0 0.1 0.1 85 Electrical machinery and equipment and parts and accessories thereof............ 15.075 89.4 89.4 -1.9 -0.2 0.0 -0.2 0.0 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 14.644 106.5 106.8 1.8 0.3 0.0 0.2 0.3 87 Motor vehicles and their parts...................... 9.132 102.4 102.6 1.3 0.4 0.1 0.0 0.2 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.095 101.2 101.2 -0.1 -0.1 0.0 -0.2 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.481 99.2 99.2 -1.0 -0.4 0.0 0.1 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.838 103.0 103.2 1.5 0.0 0.1 0.2 0.2 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.494 94.7 94.3 -4.1 -1.3 0.0 -0.1 -0.4 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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage July March April May June Description of 2003 2004 2004 2004 2004 U.S. June July to to to to to Imports 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 2/ Industrialized Countries............................ 49.276 104.5 104.7 6.0 0.5 0.6 0.0 0.2 Manufactured Goods............................. 45.418 102.5 102.7 4.7 0.7 0.1 -0.4 0.2 Nonmanufactured Goods.......................... 3.591 133.6 133.6 17.2 -0.5 5.6 3.4 0.0 3/ Other Countries..................................... 50.724 98.1 98.3 4.7 0.5 1.7 -0.3 0.2 Manufactured Goods............................. 43.453 96.2 96.1 1.3 0.4 0.7 -0.1 -0.1 Nonmanufactured Goods.......................... 7.173 123.9 125.9 21.3 0.8 5.8 -1.6 1.6 Canada.............................................. 17.463 112.3 112.1 7.9 0.5 1.0 0.5 -0.2 Manufactured Goods............................. 14.664 108.1 107.8 5.8 0.7 0.4 -0.4 -0.3 Nonmanufactured Goods.......................... 2.611 138.6 138.3 16.0 0.3 4.7 4.6 -0.2 4/ European Union...................................... 18.739 108.3 108.6 5.3 0.7 0.0 0.1 0.3 Manufactured Goods............................. 18.224 108.1 108.5 5.0 0.8 -0.2 0.0 0.4 Nonmanufactured Goods.......................... 0.458 135.7 136.5 21.5 -1.5 5.4 1.8 0.6 5/ Latin America....................................... 17.761 109.0 109.9 9.1 1.5 1.5 -0.5 0.8 Manufactured Goods............................. 14.150 109.2 110.0 6.1 1.4 0.1 0.1 0.7 Nonmanufactured Goods.......................... 3.575 127.5 129.0 19.2 1.5 6.1 -2.2 1.2 Japan............................................... 10.651 95.1 95.5 1.4 -0.1 0.2 -0.2 0.4 6/ Asian Newly Industrialized Countries................ 8.019 90.6 90.7 -0.9 0.6 0.1 -0.3 0.1 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 June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Quarterly Trade June June Sept. Dec. March Description (Mil. 2003 2003 2003 2003 2004 of March June to to to to to Dollars) 2004 2004 June Sept. Dec. March June 1/ 2004 2003 2003 2004 2004 IMPORT Air Freight....................................... 4168 117.1 117.4 5.3 4.8 -1.6 1.9 0.3 Europe (200312=100)........................ 1407 106.0 107.6 n.a. n.a. n.a. 6.0 1.5 Asia....................................... 2329 110.0 108.6 4.4 10.8 -4.2 -0.4 -1.3 EXPORT Air Freight....................................... 2836 97.1 99.1 4.1 -0.1 0.3 1.8 2.1 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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade July March April May June Description (Mil. 2003 2004 2004 2004 2004 of June July to to to to to Dollars) 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 IMPORT Air Passenger Fares............................... 18253 123.1 126.6 -2.2 7.3 0.9 9.7 2.8 Europe..................................... 11250 119.9 121.5 -6.4 10.7 0.9 11.1 1.3 Asia....................................... 2626 121.8 124.4 1.4 1.7 1.5 17.1 2.1 Latin America / Caribbean.................. 1916 114.5 123.1 7.5 1.5 1.2 1.8 7.5 EXPORT Air Passenger Fares............................... 20319 123.8 129.6 4.9 0.5 -0.2 0.2 4.7 Europe..................................... 5394 150.7 159.5 -1.1 -2.1 -2.0 4.0 5.8 Asia....................................... 8936 107.0 111.7 8.8 0.1 3.3 -3.3 4.4 Latin America / Caribbean.................. 3413 130.5 136.9 10.0 2.7 -2.6 1.2 4.9 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. Inbound and Outbound Quarterly Price Indexes and Percent Changes for Selected Categories of Services June 2003-June 2004 2000=100, unless otherwise noted Index Percent Change Annual Quarterly Trade June June Sept. Dec. March Description (Mil. 2003 2003 2003 2003 2004 of March June to to to to to Dollars) 2004 2004 June Sept. Dec. March June 1/ 2004 2003 2003 2004 2004 INBOUND Air Freight....................................... 7483 116.2 116.5 6.5 2.8 0.4 2.9 0.3 Europe (200312=100).......................... 2466 107.0 107.8 n.a. n.a. n.a. 7.0 0.7 Asia......................................... 4180 107.3 106.8 5.7 7.1 -1.0 0.2 -0.5 Ocean Liner Freight............................... 17817 119.1 121.1 4.3 0.1 1.4 1.1 1.7 U.S. East Coast.............................. 6938 114.8 116.0 7.0 -1.3 3.4 3.8 1.0 From Atlantic.......................... 3022 121.6 119.2 13.1 0.0 7.3 7.5 -2.0 From Pacific........................... 2817 110.8 113.5 2.9 0.0 -0.6 1.1 2.4 U.S. West Coast.............................. 10879 122.5 124.9 2.8 1.0 0.2 -0.4 2.0 OUTBOUND Air Freight....................................... 5193 96.1 98.9 3.7 0.1 -0.6 1.3 2.9 Europe (200312=100).......................... 1998 101.8 106.6 n.a. n.a. n.a. 1.8 4.7 Asia......................................... 2365 96.0 97.6 2.4 0.4 -0.3 0.6 1.7 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 July 2003-July 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Trade July March April May June Description (Mil. 2003 2004 2004 2004 2004 of June July to to to to to Dollars) 2004 2004 July April May June July 1/ 2004 2004 2004 2004 2004 INBOUND Air Passenger Fares (200312=100).................. 38589 106.1 112.7 n.a. 0.2 -0.6 1.3 6.2 Europe (200312=100).......................... 15654 108.7 115.9 n.a. -0.8 -2.8 4.4 6.6 Asia (200312=100)............................ 12401 105.8 113.0 n.a. -0.7 3.3 -1.9 6.8 Latin America / Caribbean (200312=100)....... 5604 102.1 107.8 n.a. 1.4 -1.8 1.3 5.6 Canada (200312=100).......................... 2905 102.6 105.7 n.a. 6.1 -1.8 0.7 3.0 Crude Oil Tanker Freight.......................... 3434 n.a. n.a. n.a. -8.8 -5.8 n.a. n.a. OUTBOUND Air Passenger Fares (200312=100).................. 43898 114.2 118.3 n.a. 7.3 0.2 7.0 3.6 Europe (200312=100).......................... 21857 125.0 127.1 n.a. 11.6 0.8 9.8 1.7 Asia (200312=100)............................ 7190 108.1 117.4 n.a. 5.2 0.6 8.0 8.6 Latin America / Caribbean (200312=100)....... 9206 101.1 104.9 n.a. 0.2 -0.5 1.9 3.8 Canada (200312=100).......................... 2982 107.3 108.2 n.a. 4.3 4.4 -0.6 0.8 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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