U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until				       USDL-18-0241
8:30 a.m. (EST) Friday, February 16, 2018

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                         U.S. IMPORT AND EXPORT PRICE INDEXES - JANUARY 2018

U.S. import prices increased 1.0 percent in January, the U.S. Bureau of Labor Statistics reported today, after 
rising 0.2 percent in December. Higher prices for both nonfuel imports and fuel imports contributed to the 
January advance. Prices for U.S. exports rose 0.8 percent in January following a 0.1-percent increase the 
previous month.


Imports

All Imports: The price index for U.S. imports rose 1.0 percent in January, after increases of 0.2 percent in 
December and 1.0 percent in November. The 1.0-percent advances were the largest 1-month rises since the 
index increased 1.2 percent in May 2016. Import prices advanced 3.6 percent between January 2017 and 
January 2018.  

Fuel Imports: Fuel prices increased 4.7 percent in January following a 2.9-percent advance in December 
and a 9.8-percent rise in November. Higher prices for petroleum and natural gas contributed to the increases 
in all 3 months. Prices for petroleum advanced 4.3 percent in January, after rising 2.3 percent the previous 
month and 9.5 percent in November. The price index for natural gas increased 20.7 percent in January 
following advances of 20.0 percent in December and 25.7 percent in November. Prices for fuel imports rose 
19.7 percent over the past 12 months. Petroleum prices increased 20.9 percent for the year ended in January 
and prices for natural gas advanced 16.2 percent over the same period.  

All Imports Excluding Fuel: Prices for nonfuel imports advanced 0.4 percent in January, after edging 
down 0.1 percent the previous month. The January increase was the largest monthly advance since the index 
rose 0.4 percent in March 2012. The last time the index increased more than 0.4 percent was a 0.8-percent 
rise in April 2011. Prices for nonfuel industrial supplies and materials; automotive vehicles; foods, feeds, 
and beverages; and capital goods all contributed to the January advance. The price index for nonfuel imports 
increased 1.9 percent over the past 12 months, the largest over-the-year rise since the index advanced 2.0 
percent in March 2012. The January 12-month advance was primarily driven by rising prices for nonfuel 
industrial supplies and materials.  


Table A. Percent change in Import and Export Price Indexes, selected categories

Month IMPORTS EXPORTS
All
imports
Fuel
imports
Nonfuel
imports
All
exports
Agri-
cultural
exports
Non-
agricultural
exports

2017

January

0.6 6.1 -0.1 0.2 0.4 0.2

February

0.3 0.3 0.3 0.3 1.4 0.3

March

-0.2 -3.0 0.2 0.1 1.1 0.0

April

0.2 -0.4 0.3 0.2 0.1 0.3

May

-0.1 -0.9 0.1 -0.6 -1.6 -0.4

June

-0.2 -3.6 0.1 -0.1 -1.4 0.0

July

-0.2 -1.0 -0.1 0.5 1.8 0.3

August

0.6 4.0 0.3 0.6 0.0 0.7

September

0.8 5.7 0.3 0.8 -0.7 0.9

October

0.2 0.3 (r)0.1 0.1 2.0 -0.1

November

(r)1.0 (r)9.8 (r)0.0 0.5 (r)-0.7 (r)0.7

December

(r)0.2 (r)2.9 -0.1 (r)0.1 (r)-0.3 (r)0.1

2018

January

1.0 4.7 0.4 0.8 -0.1 0.9

Jan. 2016 to 2017

3.8 56.9 0.2 2.4 1.3 2.4

Jan. 2017 to 2018

3.6 19.7 1.9 3.4 1.4 3.7

Footnotes
(r) Revised


Exports

All Exports: U.S. export prices increased 0.8 percent in January. The index has not risen by more than 0.8 
percent since the index advanced 1.1 percent in May 2016. In January, the increase in nonagricultural prices 
more than offset a decline in agricultural prices. The price index for exports increased 3.4 percent over the 
past 12 months.   

Agricultural Exports: Prices for agricultural exports edged down 0.1 percent in January, after falling 0.3 
percent the previous month. The January drop was driven by a 5.8-percent decline in soybean and other 
oilseeds prices. Despite the recent decreases, prices for agricultural exports rose 1.4 percent over the past 
year. Rising meat prices were the primary contributor to the advance in agricultural prices for the year ended 
in January.    

All Exports Excluding Agriculture: Nonagricultural export prices advanced 0.9 percent in January 
following a 0.1-percent rise in December. The price indexes for nonagricultural industrial supplies and 
materials; capital goods; automotive vehicles; and consumer goods all rose in January. Prices for 
nonagricultural export indexes advanced 3.7 percent from January 2017 to January 2018, the largest 12-
month increase since a 4.0-percent rise for the year ended December 2011.  



                                      SELECTED JANUARY HIGHLIGHTS

Import Prices

Imports by Locality of Origin: Prices for imports from Japan increased 0.6 percent in January, after 
recording no change the previous month. The January advance was the first monthly rise since the index 
ticked up 0.1 percent in September and the largest 1-month advance since a 0.6-percent rise in January 
2011. In January, import prices from China recorded no change for the second consecutive month. The price 
index for imports from China rose 0.2 percent for the year ended in January, the first 12-month advance 
since the index increased 0.1 percent in October 2014 and the largest since the index advanced 0.3 percent 
in July 2014. Higher fuel prices led the January increase for import prices from Canada, up 2.5 percent, and 
Mexico, up 0.7 percent. Prices for imports from the European Union also rose, increasing 0.5 percent.      

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 
increased 1.8 percent in January following a 0.2-percent drop in December. The January rise was driven by 
higher metals prices and was the largest monthly advance since a 2.0-percent rise in March 2011. 

Finished Goods: Finished goods prices were mostly up in January. Prices for automotive vehicles advanced 
0.5 percent in January led by rising prices for passenger cars. The price index for capital goods also rose in 
January, ticking up 0.1 percent. Consumer goods prices recorded no change. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices rose 0.8 percent in January following a 
0.9-percent decline in December. The January increase was driven by higher prices for fruit, bakery 
products, and vegetables.

Transportation Services: Import air passenger fares fell 3.2 percent in January, after increasing 6.5 percent 
in December. The January decline was led by an 11.1-percent drop in Asian fares and a 13.0-percent 
decrease in Latin American/Caribbean fares, which more than offset higher European fares. Despite the 
January decline, import air passenger fares rose 2.6 percent over the past year. The price index for import air 
freight prices decreased 3.0 percent in January and increased 8.7 percent over the past 12 months.  


Export Prices

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 
prices increased 2.1 percent in January, after edging down 0.1 percent in December. The January advance 
was driven by a 4.5-percent rise in fuel prices and a 3.0-percent increase in metals prices.

Finished Goods: Prices for each of the major finished goods categories increased in January. Capital goods 
prices advanced 0.5 percent. Higher prices for nonelectrical machinery, transportation equipment, and 
electrical machinery all contributed to the January advance. The price indexes for consumer goods and 
automotive vehicles also rose in January, each increasing 0.3 percent. 

Transportation Services: Export air passenger fares advanced 5.6 percent in January following a 3.3-
percent rise the previous month. Both increases were driven by higher Asian and Latin American/Caribbean 
fares which more than offset lower European fares in January and December. Despite the recent increases, 
export air passenger fares fell 1.0 percent for the year ended in January. Prices for export air freight 
increased 0.2 percent in January and 7.5 percent over the past year.   

Import and Export Price Index data for February are scheduled for release on Thursday, March 15, 2018 at 
8:30 a.m. (EDT).



Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2017 to January 2018 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

All commodities

  100.000 125.5 126.7 3.6 0.2 1.0 0.2 1.0

All imports excluding food and fuels (Dec. 2010=100)

  83.142 99.5 100.0 1.8 0.2 0.1 -0.1 0.5

All imports excluding petroleum

  90.086 112.7 113.3 1.9 0.0 0.2 0.0 0.5

All imports excluding fuels (Dec. 2001=100)

  89.319 116.7 117.2 1.9 0.1 0.0 -0.1 0.4

Foods, feeds, & beverages

0

6.126 181.0 182.5 3.1 -0.4 -1.0 -0.9 0.8

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.825 199.1 200.7 4.2 -0.7 -1.1 -1.2 0.8

Nonagricultural foods (fish, distilled beverages)

01

1.301 139.9 141.0 -0.8 0.5 -0.7 0.0 0.8

Industrial supplies & materials

1

24.765 185.6 191.3 13.7 0.6 4.5 1.1 3.1

Industrial supplies & materials excluding petroleum

  14.928 153.9 157.6 9.1 0.7 1.5 0.4 2.4

Industrial supplies & materials excluding fuels (Dec. 2001=100)

  14.074 173.9 177.1 9.3 0.8 0.9 -0.2 1.8

Industrial supplies & materials, durable

  8.894 164.3 168.1 10.8 0.2 0.7 -0.8 2.3

Industrial supplies & materials nondurable excluding petroleum

  5.957 140.8 144.4 6.8 1.3 2.7 2.2 2.6

Fuels & lubricants

10

10.681 205.3 215.0 19.7 0.3 9.8 2.9 4.7

Petroleum & petroleum products

100

9.914 222.6 232.1 20.9 0.5 9.5 2.3 4.3

Crude

10000

6.998 230.0 243.3 25.4 3.0 9.4 2.6 5.8

Fuels, n.e.s.-coals & gas

101

0.585 114.1 130.4 6.2 -2.6 19.4 16.0 14.3

Gas-natural

10110

0.435 99.2 119.7 16.2 -2.4 25.7 20.0 20.7

Paper & paper base stocks

11

0.542 109.7 111.9 6.3 0.9 0.6 0.5 2.0

Materials associated with nondurable supplies & materials

12

4.714 159.8 161.3 6.8 1.7 1.4 0.8 0.9

Selected building materials

13

1.631 151.2 150.1 8.1 2.0 0.3 -1.0 -0.7

Unfinished metals related to durable goods

14

3.750 223.5 234.4 16.4 -0.8 1.5 -1.8 4.9

Finished metals related to durable goods

15

1.788 157.7 160.1 10.6 0.8 0.4 0.4 1.5

Nonmetals related to durable goods

16

1.660 110.4 110.6 2.6 0.4 0.0 0.1 0.2

Capital goods

2

26.916 89.3 89.4 0.9 0.1 -0.1 0.0 0.1

Electric generating equipment

20

3.250 116.9 116.9 0.8 0.0 0.1 -0.2 0.0

Nonelectrical machinery

21

21.403 81.8 81.9 1.1 0.1 -0.1 0.0 0.1

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

2.263 135.0 135.7 -0.8 0.2 0.1 0.1 0.5

Automotive vehicles, parts & engines

3

15.948 110.3 110.8 0.6 0.0 0.0 0.0 0.5

Consumer goods, excluding automotives

4

26.245 106.7 106.7 -0.2 -0.1 0.0 -0.1 0.0

Nondurables, manufactured

40

12.830 121.5 121.2 0.1 -0.2 0.1 0.1 -0.2

Durables, manufactured

41

12.111 92.8 92.9 -0.4 -0.1 0.0 -0.2 0.1

Nonmanufactured consumer goods

42

1.304 114.8 115.6 0.2 0.3 -0.3 0.2 0.7

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2017 to January 2018 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

All commodities

  100.000 124.7 125.7 3.4 0.1 0.5 0.1 0.8

Agricultural commodities

  9.969 178.5 178.3 1.4 2.0 -0.7 -0.3 -0.1

All exports excluding food and fuels (Dec. 2010=100)

  81.226 100.1 100.6 2.5 0.2 0.2 0.1 0.5

Nonagricultural commodities

  90.031 120.6 121.7 3.7 -0.1 0.7 0.1 0.9

Foods, feeds, & beverages

0

9.345 180.5 180.2 1.5 2.2 -1.0 -0.5 -0.2

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.728 179.4 178.8 1.0 2.2 -1.0 -0.5 -0.3

Nonagricultural foods (fish, distilled beverages)

01

0.617 204.9 208.2 8.6 1.7 -0.7 0.5 1.6

Industrial supplies & materials

1

30.990 154.7 157.8 7.6 -1.0 2.0 0.1 2.0

Industrial supplies & materials, durable

  10.347 162.1 164.5 6.1 -0.5 0.2 0.0 1.5

Industrial supplies & materials, nondurable

  20.643 151.5 155.0 8.5 -1.2 3.1 0.1 2.3

Agricultural industrial supplies & materials

10

1.242 178.7 180.7 4.0 0.6 1.0 1.1 1.1

Nonagricultural industrial supplies & materials

  29.748 153.9 157.1 7.8 -1.0 2.1 -0.1 2.1

Fuels & lubricants

11

9.429 184.5 192.8 13.9 -3.0 5.1 -0.5 4.5

Nonagricultural supplies & materials excluding fuels & building materials

12

19.284 155.4 157.1 5.4 -0.3 0.9 0.2 1.1

Selected building materials

13

1.035 123.7 121.2 3.6 1.7 0.2 -0.2 -2.0

Capital goods

2

36.814 108.7 109.2 2.0 0.5 0.0 0.2 0.5

Electrical generating equipment

20

3.929 116.0 117.3 4.5 1.9 0.2 0.3 1.1

Nonelectrical machinery

21

23.791 94.3 94.6 1.2 0.3 -0.1 0.1 0.3

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

9.094 172.3 173.2 2.7 0.2 0.1 0.3 0.5

Automotive vehicles, parts & engines

3

10.181 113.2 113.5 0.4 0.0 -0.1 -0.1 0.3

Consumer goods, excluding automotives

4

12.670 109.4 109.7 1.9 0.0 0.0 0.2 0.3

Nondurables, manufactured

40

6.150 105.8 106.6 3.2 0.0 0.1 0.4 0.8

Durables, manufactured

41

5.064 107.6 107.3 0.6 -0.1 -0.1 0.0 -0.3

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected industries: January 2017 to January 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

Nonmanufacturing

  9.735 110.2 116.4 19.6 1.8 6.7 2.0 5.6

Agriculture, forestry, fishing and hunting

11

2.046 184.5 188.7 4.6 -1.5 -2.4 -2.2 2.3

Crop production

111

1.662 198.7 202.8 6.1 -1.2 -3.3 -3.0 2.1

Animal production (Dec. 2014=100)

112

0.191 76.0 78.0 -1.4 -3.0 3.1 0.7 2.6

Mining

21

7.689 102.1 108.8 24.1 2.8 9.5 3.1 6.6

Oil and gas extraction

211

7.463 102.3 109.2 24.9 3.0 9.9 3.4 6.7

Manufacturing

  89.986 111.1 111.5 2.0 -0.1 0.5 0.0 0.4

Manufacturing, part 1

31

11.410 124.5 124.8 1.1 -0.1 -0.1 0.1 0.2

Food manufacturing

311

3.438 156.3 156.9 2.7 -0.1 -0.1 -0.1 0.4

Beverage and tobacco product manufacturing

312

1.094 119.4 120.1 1.9 0.2 -0.1 0.0 0.6

Textile mills (Dec. 2011=100)

313

0.388 100.2 99.9 1.9 0.1 0.1 0.6 -0.3

Textile product mills

314

0.930 109.3 109.4 0.9 0.1 -0.2 0.1 0.1

Apparel manufacturing

315

3.873 110.9 111.2 0.1 -0.3 -0.1 0.1 0.3

Leather and allied product manufacturing

316

1.686 122.9 122.9 -0.1 0.1 0.2 0.0 0.0

Manufacturing, part 2

32

18.156 124.3 124.4 4.2 -0.2 1.8 0.4 0.1

Wood product manufacturing

321

1.007 133.8 132.1 12.0 3.0 0.5 -1.5 -1.3

Paper manufacturing

322

1.009 106.2 106.9 2.5 0.6 0.1 0.2 0.7

Printing and related support activities (Dec. 2016=100)

323

0.208 98.9 98.9 -1.0 0.1 -0.1 0.0 0.0

Petroleum and coal products manufacturing

324

2.628 94.7 94.6 9.4 -6.4 10.7 1.5 -0.1

Chemical manufacturing

325

10.112 137.8 138.1 3.5 0.7 0.7 0.4 0.2

Plastics and rubber products manufacturing

326

2.201 118.3 118.2 1.3 -0.1 -0.1 0.1 -0.1

Nonmetallic mineral product manufacturing

327

0.990 129.1 129.7 0.6 0.3 0.1 0.2 0.5

Manufacturing, part 3

33

60.420 104.1 104.7 1.7 0.0 0.1 -0.2 0.6

Primary metal manufacturing

331

4.282 148.4 154.3 15.4 -0.2 1.3 -1.6 4.0

Fabricated metal product manufacturing

332

3.104 126.2 126.6 4.5 0.7 0.2 0.1 0.3

Machinery manufacturing

333

6.806 117.8 117.9 1.7 0.0 -0.1 0.1 0.1

Computer and electronic product manufacturing

334

17.242 75.6 75.5 -0.4 0.0 0.0 -0.1 -0.1

Electrical equipment, appliance, and component manufacturing

335

4.929 115.2 115.1 0.4 -0.1 0.3 -0.2 -0.1

Transportation equipment manufacturing

336

16.945 109.4 110.0 0.5 0.0 0.1 0.0 0.5

Furniture and related product manufacturing

337

1.777 115.8 116.0 0.8 0.1 0.0 0.0 0.2

Miscellaneous manufacturing

339

5.335 117.5 118.6 1.1 -0.3 0.0 -0.1 0.9

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected industries: January 2017 to January 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

Nonmanufacturing

  8.530 138.2 140.1 5.3 3.4 -0.1 0.4 1.4

Agriculture, forestry, fishing and hunting

11

5.138 153.4 155.1 1.5 4.1 -1.5 -0.8 1.1

Crop production

111

4.729 159.0 160.8 1.1 4.2 -1.7 -0.8 1.1

Mining

21

3.392 91.6 93.3 11.5 2.1 2.4 2.1 1.9

Mining (except oil and gas)

212

1.116 108.3 110.4 8.7 0.6 0.8 0.2 1.9

Manufacturing

  89.883 114.3 115.2 3.1 -0.1 0.4 0.0 0.8

Manufacturing, part 1

31

7.020 139.4 138.5 2.0 0.1 -0.1 0.3 -0.6

Food manufacturing

311

4.825 158.3 156.9 2.1 0.1 -0.3 0.3 -0.9

Beverage and tobacco product manufacturing

312

0.674 115.2 114.5 6.6 0.0 0.3 -0.2 -0.6

Textile mills (Dec. 2016=100)

313

0.635 101.7 101.5 0.4 0.1 0.0 0.5 -0.2

Leather and allied product manufacturing (Dec. 2016=100)

316

0.274 97.3 97.9 -2.2 -0.7 0.7 1.0 0.6

Manufacturing, part 2

32

24.826 112.5 114.5 6.8 -0.6 1.8 -0.2 1.8

Wood product manufacturing (Dec. 2017=100)

321

0.528 100.0 99.4 - - - - -0.6

Paper manufacturing

322

1.650 124.3 124.7 5.5 1.9 0.7 -0.3 0.3

Petroleum and coal products manufacturing

324

6.095 105.7 112.2 16.1 -5.0 6.3 -1.7 6.1

Chemical manufacturing

325

13.241 116.6 117.4 4.7 0.7 0.5 0.5 0.7

Plastics and rubber products manufacturing

326

2.244 114.0 113.9 -0.5 0.0 -0.3 -0.1 -0.1

Nonmetallic mineral product manufacturing

327

0.829 114.5 114.2 1.3 0.4 -0.2 -0.1 -0.3

Manufacturing, part 3

33

58.037 112.6 113.2 1.9 0.2 -0.1 0.1 0.5

Primary metal manufacturing

331

3.846 139.7 142.9 7.1 -2.2 0.5 -0.1 2.3

Fabricated metal product manufacturing

332

3.034 137.7 138.3 3.2 0.0 -0.2 -0.1 0.4

Machinery manufacturing

333

9.009 125.7 125.9 0.6 -0.2 -0.2 0.2 0.2

Computer and electronic product manufacturing

334

14.259 83.3 83.6 1.2 0.8 -0.1 0.0 0.4

Electrical equipment, appliance, and component manufacturing

335

3.862 115.7 116.6 3.8 1.8 0.0 0.0 0.8

Transportation equipment manufacturing

336

18.193 124.9 125.5 1.5 0.1 0.0 0.1 0.5

Furniture and related product manufacturing (Dec. 2011=100)

337

0.404 118.1 118.4 0.5 0.2 0.2 0.2 0.3

Miscellaneous manufacturing

339

5.429 119.6 119.7 1.4 -0.1 0.2 0.1 0.1

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2017 to January 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

Live animals; animal products

I

1.366 191.0 193.6 2.1 -0.2 -0.1 -0.1 1.4

Meat and edible meat offal

02

0.374 245.6 247.4 7.4 0.4 -1.1 0.3 0.7

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.702 138.5 140.9 -3.8 0.5 -1.3 0.2 1.7

Vegetable products

II

2.049 220.7 224.4 5.9 -0.9 -2.6 -2.8 1.7

Edible vegetables, roots, and tubers

07

0.479 504.8 506.4 24.1 -3.1 16.9 -4.9 0.3

Edible fruit and nuts; peel of citrus fruit or melons

08

0.819 128.5 130.9 5.9 -0.3 -11.9 -3.7 1.9

Coffee, tea, mate and spices

09

0.332 217.2 218.3 -8.7 -2.0 -1.2 -2.2 0.5

Animal or vegetable fats and oils (Dec. 2009=100)

III

0.309 116.3 114.4 -1.6 -1.0 0.2 -0.9 -1.6

Prepared foodstuffs, beverages, and tobacco

IV

2.767 162.2 162.7 2.3 -0.3 0.0 0.1 0.3

Sugars and sugar confectionary (Dec. 2012=100)

17

0.195 86.6 90.8 5.6 1.3 -0.7 0.0 4.8

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.199 94.4 94.4 -6.3 0.0 0.6 -1.3 0.0

Preparations of vegetables, fruit, nuts, or other parts of plants

20

0.373 171.3 169.9 6.9 0.6 0.3 -0.2 -0.8

Miscellaneous edible preparations (Dec. 2017=100)

21

0.204 100.0 99.5 - - - - -0.5

Beverages, spirits, and vinegar

22

1.034 129.2 130.1 2.0 0.2 -0.1 0.1 0.7

Mineral products

V

10.454 204.3 214.0 19.5 0.4 9.6 2.7 4.7

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

10.211 202.2 212.0 19.8 0.3 10.0 2.8 4.8

Products of the chemical or allied industries

VI

9.434 154.8 155.8 3.9 0.5 0.8 0.8 0.6

Inorganic chemicals

28

0.604 302.8 313.1 19.4 4.5 3.7 7.3 3.4

Organic chemicals

29

2.401 129.8 131.2 7.9 0.8 1.6 1.6 1.1

Pharmaceutical products

30

4.410 148.2 148.2 0.3 -0.3 0.2 0.0 0.0

Fertilizers (Dec. 2009=100)

31

0.261 80.4 81.5 6.5 9.0 3.2 -0.9 1.4

Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2011=100)

32

0.183 106.3 107.0 5.1 -0.7 -0.5 0.9 0.7

Essential oils and resinoids (Dec. 2016=100)

33

0.581 102.3 102.5 2.3 0.2 0.1 -0.3 0.2

Miscellaneous chemical products

38

0.638 105.8 107.1 4.0 0.3 0.3 0.1 1.2

Plastics and articles thereof; rubber and articles thereof

VII

3.431 140.3 139.9 1.5 0.3 -0.1 -0.1 -0.3

Plastics and articles thereof

39

2.251 142.8 142.6 2.6 0.6 0.2 -0.3 -0.1

Rubber and articles thereof

40

1.180 137.3 136.4 -0.4 -0.2 -0.7 0.4 -0.7

Raw hides, skins, leather, furskins, travel goods, etc

VIII

0.638 124.1 124.2 0.7 0.0 0.1 -0.1 0.1

Articles of leather; travel goods, bags, etc. of various materials

42

0.602 129.5 129.6 0.9 0.1 0.0 0.0 0.1

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

1.038 162.6 160.5 11.8 2.8 0.4 -1.6 -1.3

Wood and articles of wood; wood charcoal (Dec. 2014=100)

44

1.014 112.2 110.7 12.2 2.8 0.4 -1.6 -1.3

Woodpulp, recovered paper, and paper products

X

1.058 111.4 112.5 2.6 0.5 0.3 0.2 1.0

Paper and paperboard; articles of paper pulp, paper or paperboard

48

0.696 103.1 103.8 0.2 0.2 0.0 0.0 0.7

Printed matter (Dec. 2015=100)

49

0.205 104.9 105.0 -0.8 0.2 0.0 0.0 0.1

Textile and textile articles

XI

5.029 113.5 113.7 0.5 -0.1 -0.2 0.3 0.2

Articles of apparel and clothing accessories, knitted or crocheted

61

2.040 103.5 103.9 0.0 -0.3 -0.1 0.0 0.4

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.721 118.6 119.1 0.2 -0.3 -0.3 0.2 0.4

Made-up or worn textile articles

63

0.653 104.2 104.3 1.1 0.0 0.0 0.3 0.1

Headgear, umbrellas, artificial flowers, etc.

XII

1.395 122.1 122.0 -0.3 0.1 0.1 0.2 -0.1

Footwear and parts of such articles

64

1.169 121.2 121.1 -0.3 0.1 0.2 0.1 -0.1

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.930 131.0 131.6 0.8 0.3 -0.1 0.1 0.5

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2015=100)

68

0.330 97.7 98.0 0.9 0.5 0.0 0.5 0.3

Ceramic products

69

0.263 136.7 136.7 -0.3 0.4 0.1 0.1 0.0

Glass and glassware

70

0.337 130.6 131.7 1.5 0.1 -0.2 -0.4 0.8

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

3.056 171.0 175.1 6.2 -2.5 0.8 -0.6 2.4

Base metals and articles of base metals

XV

5.470 173.9 177.2 9.9 0.9 0.7 -0.9 1.9

Iron and steel

72

1.218 203.1 209.4 13.4 1.8 0.1 -0.6 3.1

Articles of iron or steel

73

1.595 149.4 150.9 9.2 1.2 0.2 0.2 1.0

Copper and articles thereof

74

0.411 293.2 306.5 15.8 -2.9 2.8 -2.3 4.5

Aluminum and articles thereof

76

0.934 135.6 137.4 12.3 2.6 0.9 -1.4 1.3

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.419 121.8 122.1 -0.6 -0.8 0.0 -0.1 0.2

Miscellaneous articles of base metal

83

0.525 137.9 136.5 1.0 0.1 0.0 0.1 -1.0

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

29.211 80.6 80.5 0.1 0.1 0.0 -0.1 -0.1

Machinery and mechanical appliances; parts thereof

84

14.256 86.6 86.5 1.3 0.2 0.0 0.0 -0.1

Electrical machinery and equip, sound and TV recorders & reproducers, parts

85

14.955 75.0 74.8 -0.9 -0.1 0.0 -0.1 -0.3

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.097 113.9 114.7 0.8 0.0 0.0 0.0 0.7

Motor vehicles and their parts

87

12.877 112.8 113.7 1.1 -0.1 0.0 0.0 0.8

Aircraft, spacecraft, and parts thereof (Dec. 2002=100)

88

1.127 116.1 116.7 -1.8 0.2 0.2 0.2 0.5

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

3.859 101.6 103.7 2.1 0.0 -0.3 -0.1 2.1

Optical, photographic, measuring and medical instruments

90

3.567 98.1 100.4 2.0 0.0 -0.3 -0.2 2.3

Clocks and watches and parts thereof

91

0.234 144.4 141.5 0.8 0.0 0.0 0.3 -2.0

Miscellaneous manufactured articles

XX

4.320 111.4 111.4 0.1 0.1 0.2 0.0 0.0

Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs

94

2.721 117.1 117.2 0.7 0.0 0.3 -0.1 0.1

Toys, games and sports equipment; parts and accessories thereof

95

1.311 101.6 101.7 -1.0 0.0 0.1 0.2 0.1

Miscellaneous manufactured articles

96

0.288 129.6 128.6 -0.8 0.0 0.0 -0.1 -0.8

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2017 to January 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

Live animals; animal products

I

1.963 207.6 206.6 5.2 0.1 -1.1 0.5 -0.5

Meat & edible meat offal (Dec. 2006=100)

02

1.201 166.6 167.0 11.4 0.1 -1.3 1.2 0.2

Fish and crustaceans, mollusks and aquatic invertebrates (Dec. 2016=100)

03

0.406 112.8 114.4 8.8 2.5 -0.6 0.5 1.4

Dairy products, eggs and honey (Dec. 2017=100)

04

0.276 100.0 93.3 - - - - -6.7

Vegetable products

II

4.746 192.8 195.1 1.0 4.9 -2.2 -1.5 1.2

Edible fruit and nuts; peel of citrus fruit or melons

08

0.936 146.1 147.6 0.2 1.9 2.6 -1.5 1.0

Cereals

10

1.378 180.7 183.5 5.3 2.7 0.7 0.4 1.5

Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder

12

1.989 204.4 199.3 -2.1 -0.2 0.3 2.2 -2.5

Prepared foodstuffs, beverages, and tobacco

IV

3.088 149.3 149.7 1.9 0.0 -0.2 0.1 0.3

Preparations of vegetables, fruit, nuts or other parts of plants (Dec. 2009=100)

20

0.352 117.2 117.7 0.9 0.6 0.0 0.0 0.4

Miscellaneous edible preparations (Dec. 2017=100)

21

0.595 100.0 102.1 - - - - 2.1

Beverages, spirits, and vinegar (Dec. 2008=100)

22

0.527 106.3 105.5 -4.8 -0.5 -2.4 -2.7 -0.8

Residues and waste from the food industries; prepared animal feed

23

0.696 203.0 202.0 1.8 0.7 2.1 1.7 -0.5

Mineral products

V

9.809 222.1 232.4 17.0 -2.5 5.2 -0.2 4.6

Ores, slag and ash (Dec. 2012=100)

26

0.542 105.4 109.0 23.9 1.5 2.1 0.3 3.4

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

9.092 212.9 223.1 16.9 -2.8 5.5 -0.2 4.8

Products of the chemical or allied industries

VI

10.800 136.6 137.5 3.2 0.2 0.2 0.8 0.7

Inorganic chemicals

28

0.740 162.8 165.4 -8.0 0.6 0.4 2.6 1.6

Organic chemicals

29

2.463 136.8 139.0 7.9 -0.2 0.6 0.4 1.6

Pharmaceutical products

30

3.238 105.6 107.7 4.3 0.1 -0.5 0.6 2.0

Fertilizers (Dec. 2016=100)

31

0.236 107.8 109.2 9.2 0.0 2.3 0.7 1.3

Tanning or dyeing extracts, dyes, paints varnish, putty, & inks (Dec. 2015=100)

32

0.539 101.4 99.8 2.7 2.6 -0.1 -0.5 -1.6

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.840 132.7 129.0 -2.1 -0.3 0.4 0.1 -2.8

Soap; lubricants; waxes, polishing or scouring products; candles, pastes

34

0.533 126.7 126.6 8.2 -2.2 0.6 -0.2 -0.1

Miscellaneous chemical products

38

1.824 150.3 150.9 3.5 1.2 0.6 2.3 0.4

Plastics and articles thereof; rubber and articles thereof

VII

5.099 139.4 139.3 2.1 1.4 0.4 -0.7 -0.1

Plastics and articles thereof

39

4.227 135.9 135.9 3.3 1.4 0.8 -0.8 0.0

Rubber and articles thereof

40

0.872 153.1 152.5 -3.1 1.5 -1.5 -0.4 -0.4

Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100)

IX

0.681 103.7 101.7 8.3 2.9 0.8 -0.8 -1.9

Woodpulp, recovered paper, and paper products

X

2.049 128.2 127.9 2.2 -3.9 6.0 -0.2 -0.2

Woodpulp and recovered paper

47

0.638 136.1 135.0 -2.9 -15.6 19.9 0.5 -0.8

Paper and paperboard; articles of paper pulp, paper or paperboard

48

1.077 123.7 124.0 5.1 1.7 0.0 -0.6 0.2

Printed material (Dec. 2014=100)

49

0.334 105.1 104.5 3.9 0.0 3.5 0.0 -0.6

Textile and textile articles

XI

1.660 120.7 122.1 0.9 0.0 0.3 0.5 1.2

Cotton, including yarns and woven fabrics thereof

52

0.441 128.2 132.3 4.8 -1.5 1.9 2.2 3.2

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.815 123.4 123.2 0.7 0.2 -0.1 0.0 -0.2

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2015=100)

68

0.272 101.3 101.2 1.2 0.1 -0.1 0.0 -0.1

Glass and glassware

70

0.416 98.9 98.6 -1.0 0.3 -0.1 0.0 -0.3

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

4.091 235.0 239.7 7.3 -2.5 0.3 -0.2 2.0

Base metals and articles of base metals

XV

4.883 156.8 159.2 6.8 -0.2 -0.2 0.3 1.5

Iron and steel

72

1.022 161.4 168.0 7.4 -2.0 -3.9 1.5 4.1

Copper and articles thereof

74

0.569 197.2 204.4 23.0 1.0 2.6 0.8 3.7

Aluminum and articles thereof

76

0.966 118.1 118.2 10.6 0.1 2.7 -0.8 0.1

Tools, implements, cutlery, spoons and forks, of base metal (Dec. 2015=100)

82

0.319 99.5 99.8 0.0 0.0 0.0 0.0 0.3

Miscellaneous articles of base metal

83

0.339 148.1 149.3 1.1 0.0 0.0 -0.1 0.8

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

27.848 96.8 97.0 1.4 0.5 -0.1 0.2 0.2

Machinery and mechanical appliances; parts thereof

84

15.915 113.6 113.9 0.8 0.1 -0.2 -0.1 0.3

Electrical machinery and equipment and parts and accessories thereof

85

11.933 78.5 78.8 2.3 1.0 -0.1 0.6 0.4

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.353 133.4 134.0 1.4 0.0 0.0 0.2 0.4

Motor vehicles and their parts

87

8.358 115.1 115.5 0.3 -0.1 -0.1 -0.1 0.3

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

5.977 107.8 108.3 2.3 0.7 0.1 0.2 0.5

Miscellaneous manufactured articles

XX

1.417 112.1 112.4 -0.2 0.1 -0.1 -0.1 0.3

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.826 128.4 128.4 -0.1 0.1 -0.1 0.2 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.428 88.1 89.1 -0.4 0.1 0.0 -0.8 1.1

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 7. U.S. import price indexes and percent changes by locality of origin: January 2017 to January 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

Industrialized Countries(2)

100.000 122.5 124.3 4.7 0.0 1.1 0.6 1.5

Nonmanufacturing

9.104 157.1 168.0 22.2 0.8 8.9 4.2 6.9

Manufacturing

90.404 119.2 120.2 3.0 0.0 0.3 0.2 0.8

Canada

100.000 131.7 135.0 8.5 0.6 2.9 1.1 2.5

Nonmanufacturing

24.505 150.6 161.3 22.0 0.7 9.4 4.5 7.1

Manufacturing

74.648 130.1 131.3 4.2 0.7 0.9 -0.2 0.9

European Union(3)

100.000 134.7 135.4 2.4 -0.1 0.3 0.3 0.5

Manufacturing

99.016 131.3 131.9 2.4 -0.1 0.3 0.3 0.5

France (Dec. 2003=100)

100.000 125.9 127.4 5.0 0.3 0.1 0.0 1.2

Germany (Dec. 2003=100)

100.000 115.2 111.7 -1.2 0.2 0.0 -0.1 -3.0

United Kingdom (Dec. 2003=100)

100.000 119.8 121.1 3.1 0.3 0.7 0.3 1.1

Latin America(4)

100.000 149.2 151.3 6.3 0.5 1.2 0.3 1.4

Nonmanufacturing

18.437 256.3 269.7 18.2 -0.8 4.1 1.5 5.2

Manufacturing

81.287 122.2 122.9 3.6 0.8 0.5 0.1 0.6

Mexico (Dec. 2003=100)

100.000 129.3 130.2 5.9 -0.2 0.1 0.2 0.7

Nonmanufacturing (Dec. 2008=100)

8.904 136.7 141.8 24.0 -6.1 -2.8 2.7 3.7

Manufacturing (Dec. 2008=100)

90.849 89.1 89.4 4.2 0.5 0.5 0.0 0.3

Pacific Rim (Dec. 2003=100)(5)

100.000 98.4 98.5 0.3 -0.1 0.1 0.0 0.1

China (Dec. 2003=100)

100.000 100.1 100.1 0.2 0.0 0.3 0.0 0.0

Japan

100.000 95.5 96.1 -0.1 -0.3 0.0 0.0 0.6

Asian NICs(6)

100.000 87.6 87.9 4.1 0.2 -0.3 0.5 0.3

ASEAN (Dec. 2003=100)(7)

100.000 98.1 98.5 1.1 0.0 -0.1 0.1 0.4

Asia Near East (Dec. 2003=100)(8)

100.000 174.0 179.1 13.5 5.2 4.7 2.4 2.9

Footnotes
(1) Relative importance figures are based on 2016 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) European Union countries.
(4) Mexico, Central America, South America, and the Caribbean.
(5) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(6) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(7) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(8) Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, and Yemen.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 8. U.S. international price indexes and percent changes for selected transportation services: January 2017 to January 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2017(1)
Index Percent change
Dec.
2017
Jan.
2018
Annual Monthly
Jan.
2017
to
Jan.
2018
Sept.
2017
to
Oct.
2017
Oct.
2017
to
Nov.
2017
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018

Air Freight

Import Air Freight

100.000 181.6 176.1 8.7 -4.3 6.9 -2.9 -3.0

Europe (Dec. 2003=100)

24.049 144.0 144.6 6.4 -3.0 0.5 0.1 0.4

Asia

63.701 175.0 166.4 11.2 -5.5 10.5 -4.5 -4.9

Export Air Freight

100.000 167.5 167.8 7.5 5.4 1.8 -1.4 0.2

Europe (Dec. 2006=100)

32.331 148.9 148.3 1.2 1.5 0.0 -0.8 -0.4

Inbound Air Freight

100.000 169.8 169.9 10.6 -2.6 5.5 -0.6 0.1

Europe (Dec. 2003=100)

25.119 131.6 133.0 0.5 -5.1 -1.7 3.4 1.1

Asia

61.343 166.7 162.1 15.0 -2.3 9.5 -2.2 -2.8

Outbound Air Freight

100.000 141.1 140.8 0.7 1.0 1.4 -0.9 -0.2

Europe (Dec. 2003=100)

32.870 144.6 144.6 -0.9 0.0 2.6 -2.0 0.0

Asia

42.994 136.1 136.4 1.9 0.2 2.1 -0.5 0.2

Air Passenger Fares

Import Air Passenger Fares

100.000 194.0 187.7 2.6 8.8 -2.3 6.5 -3.2

Europe

41.465 216.8 234.0 8.6 9.9 3.2 -1.0 7.9

Asia

24.028 152.0 135.1 0.9 0.3 -4.6 17.6 -11.1

Latin America/Caribbean

9.871 180.0 156.6 1.2 1.6 4.7 10.8 -13.0

Export Air Passenger Fares

100.000 158.7 167.6 -1.0 3.6 0.5 3.3 5.6

Europe

29.693 203.5 193.1 -5.4 3.1 1.0 -5.2 -5.1

Asia

25.917 134.2 151.0 -2.8 -2.4 2.8 12.5 12.5

Latin America/Caribbean

24.508 169.4 182.8 4.3 -1.7 2.4 3.4 7.9

Footnotes
(1) Relative importance figures are based on 2016 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = 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 are reweighted annually, with a 2-year lag in the 
weights. Published series use a base year of 2000=100 where possible. More detailed index series and 
additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101.

Merchandise Goods Classification Systems - The merchandise price indexes are published using three 
classification systems. Items are classified by end use according to the Bureau of Economic Analysis 
Classification System, by industry according to the North American Industry Classification System 
(NAICS), and by product category according to the Harmonized System (HS). While classification by 
end use and product category are self-explanatory, some notes are in order for classifying items by 
industry. In the NAICS imports and exports tables, items are classified by output industry, not input 
industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) include 
outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS classification 
structure also matches the classification system used by the Producer Price Index (PPI) to produce the 
NAICS primary products indexes.

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.

Services Price Indexes - Starting in September 2008, the import air passenger fares indexes represent 
changes in the average revenue per passenger received by foreign carriers from U.S. residents and are 
calculated from data obtained from an airline consulting service. These data include tickets sold by 
travel agencies and travel websites. Tickets sold directly by the airlines are excluded, as are frequent 
flyer tickets generally. Starting in January 2008, the export air passenger fares indexes represent changes 
in the average revenue per passenger received by U.S. carriers from foreign residents and are calculated 
from data collected directly from airlines. These data include frequent flyer tickets and those sold by 
consolidators. Taxes and fees are included in the import air passenger fares indexes and excluded from 
the export air passenger fares indexes. The air freight indexes are calculated from data collected directly 
from airlines. These data exclude mail and passenger baggage. The scope of the service being priced is 
the movement of freight from airport to airport only, and does not include any ground transportation or 
port service. The air freight indexes 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.). Fact sheets specifying detailed information for 
each services industry are available at www.bls.gov/mxp under "MXP Publications."

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. 

Relative Importance - A relative importance is a specific index's price-updated value share (expressed 
as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 
affected by the trade weights at the point indexes are reweighted and index changes relative to other 
indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 
relative importance will increase as well. 
 
Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the 3 months after original publication. After 3 months, no further data 
revisions take place. For example, data first published in the January release will be subject to revision 
in the releases for February, March, and April.

Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts (NIPA) constructed by the Department of 
Commerce. Other published indexes are useful for general market analysis. For trade in international 
services, balance of payments indexes are used for deflating NIPA, while international indexes are more 
appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. 
competitiveness and to compute price elasticities, and the merchandise import indexes by country or 
region of origin are useful in terms of trade analysis.

Email Subscription - The U.S. import and export price indexes news release is available through an 
email subscription service at www.bls.gov/bls/list.htm. 
 
Additional Information - More detailed data are available on the Import/Export Price Indexes home 
page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 
mxpinfo@bls.gov.   

Information from this release will be made available to sensory impaired individuals upon request.  
Voice phone: (202)-691-5200; Federal Relay Service: 1-(800)-877-8339.



Last Modified Date: February 16, 2018