U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                      USDL-18-1940
8:30 a.m. (EST) Thursday, December 13, 2018

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Media contact:         (202) 691-5902 * PressOffice@bls.gov



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

U.S. import prices declined 1.6 percent in November, the U.S. Bureau of Labor Statistics reported today, 
following a 0.5-percent rise the previous month. The November drop was primarily led by lower fuel prices. 
The price index for U.S. exports fell 0.9 percent in November, after advancing 0.5 percent in October.

Imports

Prices for U.S. imports decreased 1.6 percent in November, the largest monthly decline since a 1.8-percent 
drop in August 2015. Despite the November drop, import prices increased 0.7 percent over the past 12 
months, the smallest over-the-year advance since the index increased 0.2 percent from November 2015 to 
November 2016. (See table 1.)

Fuel Imports: Import fuel prices decreased 11.0 percent in November following a 3.2-percent rise the 
previous month. The November drop was the largest 1-month decline since the index fell 15.6 percent in 
January 2016. A 12.1-percent decrease in petroleum prices led the November decline in fuel prices and was 
the largest monthly drop since petroleum prices fell 17.2 percent in January 2016. The November decline in 
petroleum prices more than offset a 12.8-percent advance in natural gas prices that followed a 22.3-percent 
increase for that index in October. Despite the decrease in November, fuel prices rose 4.6 percent over the 
past year. The price index for petroleum increased 4.4 percent for the year ended in November, and natural 
gas prices advanced 11.6 percent over the same period.

All Imports Excluding Fuel: Prices for nonfuel imports fell 0.3 percent in November, after ticking up 0.1 
percent in October. Lower foods, feeds, and beverages prices were the largest factor for the November 
decline in nonfuel prices, although prices for nonfuel industrial supplies and materials and capital goods also 
decreased. The price index for nonfuel imports increased 0.3 percent over the past 12 months, driven by 
higher prices for nonfuel industrial supplies and materials; consumer goods; and automotive vehicles.

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 0.4 percent 
in November, after recording no change the previous month. The decline was led by a 0.7-percent drop in 
unfinished metals prices and a 1.4-percent drop in prices for selected building materials.

Finished Goods: Finished goods prices recorded little movement in November. The price index for capital 
goods edged down 0.1 percent and prices for consumer goods and automotive vehicles each recorded no 
change.

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages declined 2.2 percent in November 
following advances of 2.2 percent in October and 2.0 percent in September. The November downturn was 
led by a 10.8-percent drop in fruit prices.

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

November

1.0 9.8 0.0 0.5 -0.7 0.7

December

0.2 3.3 -0.2 0.1 -0.3 0.0

2018

January

0.8 3.3 0.5 0.7 0.0 0.8

February

0.2 -1.8 0.4 0.2 0.6 0.2

March

-0.2 -2.6 0.1 0.4 3.2 0.1

April

0.5 4.0 0.1 0.5 -1.1 0.7

May

0.9 6.1 0.2 0.7 1.6 0.6

June

0.0 2.6 -0.3 0.2 -1.0 0.3

July

-0.1 0.8 -0.2 -0.5 -5.2 0.1

August

-0.4 -2.1 -0.2 -0.1 (r)0.4 -0.2

September

(r)0.0 (r)-0.1 0.0 0.0 (r)-1.2 0.2

October

0.5 (r)3.2 (r)0.1 (r)0.5 (r)-0.2 0.5

November

-1.6 -11.0 -0.3 -0.9 1.8 -1.0

Nov. 2016 to 2017

3.5 24.8 1.5 3.1 2.1 3.3

Nov. 2017 to 2018

0.7 4.6 0.3 1.8 -1.7 2.2

Footnotes
(r) Revised


Exports 

Prices for U.S. exports declined 0.9 percent in November, the largest 1-month decrease since the index fell 
0.9 percent in January 2016 and 1.1 percent in December 2015. Lower nonagricultural prices in November 
more than offset rising agricultural prices. Despite the November decline, U.S. export prices increased 1.8 
percent over the past year. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 1.8 percent in November, after falling 
0.2 percent in October and 1.2 percent in September. The November advance was the largest increase since 
the index rose 3.2 percent in March. Higher prices for fruit, soybeans, and corn all contributed to the 
November increase in agricultural prices. Despite the November increase, agricultural export prices declined 
1.7 percent from November 2017 to November 2018. A 10.7-percent drop in soybeans prices and a 12.3-
percent decline in nut prices over the past year were the primary factors for the decrease in overall 
agricultural prices.

All Exports Excluding Agriculture: Nonagricultural export prices fell 1.0 percent in November following 
a 0.5-percent increase the previous month and a 0.2-percent advance in September. The November drop was 
the largest monthly decrease since the index declined 1.1 percent in December 2015. Lower nonagricultural 
industrial supplies and materials prices led the November decrease in nonagricultural export prices, with 
falling prices for consumer goods and automotive vehicles also contributing to the decline. Despite the 
decline in November, prices for nonagricultural exports increased 2.2 percent over the past 12 months.

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials decreased 3.1 percent in November, the largest 1-month decline since the index fell 3.1 percent in 
December 2015. The November drop was driven by an 8.6-percent decrease in export fuel prices.

Finished Goods: Finished goods prices were mostly down in November. The price indexes for consumer 
goods and automotive vehicles each edged down 0.1 percent. Prices for capital goods recorded no change in 
November and in each of the previous 2 months, though the index rose 1.5 percent for the year ended in 
November and has not fallen on a monthly basis since a 0.1-percent decline in October 2016.



Measures of Import and Export Prices by Locality

Imports by Locality of Origin: The price index for imports from China edged down 0.1 percent in 
November, after falling 0.3 percent the previous month. A decrease in the computer and electronic product 
manufacturing price index was a primary contributor to both the November and October declines. Prices for 
imports from China have not recorded a monthly rise since ticking up 0.1 percent in May and fell 0.3 
percent for the year ended in November. Import prices from Japan decreased 0.1 percent in November 
following a 0.1-percent increase in October. The price index for imports from Japan rose 1.2 percent over 
the past year. In November, prices for imports from Canada declined 3.4 percent, from Mexico 1.4 percent, 
and from the European Union 0.5 percent. Lower petroleum prices in November contributed to the declines 
in each of the indexes. (See table 7.)

Exports by Locality of Destination: Prices for exports to China edged down 0.1 percent in November 
following a 0.8-percent advance in October and a 1.7-percent decline in September. The price index for 
exports to Japan recorded no change in November, after a 0.2-percent advance and a 0.3-percent decrease in 
the previous 2 months. Export prices to Canada rose 0.3 percent in November. The price index for exports 
to Canada has not recorded a monthly decline since July. Prices for exports to the European Union fell 0.4 
percent in November, after rising 0.4 percent in October. Export prices to Mexico decreased 1.3 percent in 
November following a 1.1-percent increase the previous month. The November declines for the price 
indexes for exports to the European Union and Mexico were both the largest 1-month drops since the 
indexes were first published in December 2017. (See table 8.)

Terms of Trade Indexes: Terms of Trade indexes are based on country, region, or grouping and measure 
the change in the purchasing power of exports relative to imports. The U.S. terms of trade with China 
recorded no change in November as both export prices to China and import prices from China fell 0.1 
percent for the month. The index for U.S. terms of trade with Japan ticked up 0.1 percent for the second 
consecutive month, after edging down 0.1 percent in September. The U.S. terms of trade with Canada rose 
3.9 percent in November, the largest 1-month change since the index was first published in December 2017. 
The indexes for U.S. terms of trade with the European Union and Mexico rose 0.2 percent and 0.1 percent, 
respectively. (See table 9.)

Import and Export Services

Imports: Import air passenger fares advanced 0.7 percent for the second consecutive month in November. 
Those increases followed a 10.7-percent increase in September. Higher European and Latin 
American/Caribbean fares each contributed to the November rise. The index for import air passenger fares 
also advanced 0.7 percent over the past 12 months. Import air freight prices rose 1.2 percent in November, 
after increasing 2.4 percent the previous month. Prices for import air freight advanced 4.7 percent over the 
past year. (See table 10.)

Exports: The index for export air passenger fares ticked up 0.1 percent in November, after falling 8.0 
percent for the 3 months ended in October. Export air passenger fares fell 3.3 percent over the past year, 
matching the largest 12-month decline since a 5.8-percent drop in December 2017. Export air freight prices 
declined 0.3 percent in November, the largest 1-month decrease since the index fell 6.2 percent in December 
2017. Prices for export air freight declined 3.1 percent for the year ended in November.

Import and Export Price Index data for December are scheduled for release on Wednesday, January 16, 2019 
at 8:30 a.m. (EST).


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

All commodities

  100.000 128.2 126.2 0.7 -0.4 0.0 0.5 -1.6

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

  81.967 100.2 100.0 0.4 -0.3 -0.1 0.0 -0.2

All imports excluding petroleum

  88.561 113.4 113.1 0.4 -0.3 0.1 0.2 -0.3

All imports excluding fuels (Dec. 2001=100)

  88.052 117.5 117.1 0.3 -0.2 0.0 0.1 -0.3

Foods, feeds, & beverages

0

6.085 183.6 179.6 -1.7 0.5 2.0 2.2 -2.2

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.794 202.1 196.4 -2.5 0.7 2.3 2.9 -2.8

Nonagricultural foods (fish, distilled beverages)

01

1.291 141.8 141.9 1.4 -0.1 0.8 -0.2 0.1

Industrial supplies & materials

1

26.106 199.8 189.3 3.2 -1.4 -0.3 1.4 -5.3

Industrial supplies & materials excluding petroleum

  14.877 156.9 157.0 2.5 -1.0 -0.5 0.5 0.1

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

  14.146 178.6 177.9 2.1 -1.0 -0.4 0.0 -0.4

Industrial supplies & materials, durable

  8.895 167.9 166.9 0.7 -1.4 -0.9 -0.4 -0.6

Industrial supplies & materials nondurable excluding petroleum

  5.771 143.2 144.5 5.1 -0.3 0.0 2.0 0.9

Fuels & lubricants

10

11.948 234.5 208.7 4.6 -2.1 -0.1 3.2 -11.0

Petroleum & petroleum products

100

11.439 258.4 227.1 4.4 -2.1 0.0 2.7 -12.1

Crude

10000

8.183 270.5 230.5 2.8 -3.1 0.1 2.5 -14.8

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

101

0.509 99.8 108.7 10.5 -3.0 -1.8 15.6 8.9

Gas-natural

10110

0.357 81.8 92.3 11.6 -5.0 -2.6 22.3 12.8

Paper & paper base stocks

11

0.595 122.9 123.2 12.8 1.2 0.2 0.3 0.2

Materials associated with nondurable supplies & materials

12

4.730 163.8 163.7 3.6 -0.2 0.2 0.9 -0.1

Selected building materials

13

1.533 145.2 143.1 -6.3 -2.6 -1.7 -4.9 -1.4

Unfinished metals related to durable goods

14

3.836 233.5 231.8 1.8 -2.0 -1.4 1.3 -0.7

Finished metals related to durable goods

15

1.784 160.7 160.3 2.0 -1.2 0.0 -0.1 -0.2

Nonmetals related to durable goods

16

1.680 114.1 114.2 3.5 0.6 0.3 -0.5 0.1

Capital goods

2

26.345 89.2 89.1 -0.2 -0.1 -0.1 0.0 -0.1

Electric generating equipment

20

3.207 117.9 117.9 0.6 0.1 0.0 -0.2 0.0

Nonelectrical machinery

21

20.930 81.7 81.5 -0.4 -0.1 0.0 0.0 -0.2

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

22

2.208 134.6 134.6 -0.1 0.0 -0.1 0.0 0.0

Automotive vehicles, parts & engines

3

15.647 110.5 110.5 0.3 0.0 0.1 0.0 0.0

Consumer goods, excluding automotives

4

25.818 107.2 107.2 0.4 -0.1 0.0 -0.3 0.0

Nondurables, manufactured

40

12.737 123.2 123.0 1.3 -0.1 0.0 -0.3 -0.2

Durables, manufactured

41

11.801 92.4 92.4 -0.6 -0.1 -0.1 -0.1 0.0

Nonmanufactured consumer goods

42

1.280 115.1 115.6 0.9 1.0 0.3 -0.2 0.4

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: November 2017 to November 2018 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

All commodities

  100.000 127.9 126.8 1.8 -0.1 0.0 0.5 -0.9

Agricultural commodities

  9.419 173.0 176.1 -1.7 0.4 -1.2 -0.2 1.8

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

  80.247 101.5 101.4 1.4 -0.2 -0.1 0.1 -0.1

Nonagricultural commodities

  90.581 124.4 123.1 2.2 -0.2 0.2 0.5 -1.0

Foods, feeds, & beverages

0

8.848 175.4 178.8 -1.4 0.6 -1.3 0.2 1.9

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.213 173.1 176.8 -1.9 0.5 -1.4 0.2 2.1

Nonagricultural foods (fish, distilled beverages)

01

0.635 216.5 217.2 6.5 0.9 1.1 -0.1 0.3

Industrial supplies & materials

1

32.383 165.8 160.8 4.0 -0.5 0.2 1.4 -3.0

Industrial supplies & materials, durable

  10.097 162.3 162.5 0.2 -2.3 -0.6 0.1 0.1

Industrial supplies & materials, nondurable

  22.285 167.7 160.2 5.8 0.3 0.6 2.0 -4.5

Agricultural industrial supplies & materials

10

1.206 178.1 177.8 0.5 -0.2 0.1 -2.4 -0.2

Nonagricultural industrial supplies & materials

  31.177 165.5 160.3 4.1 -0.6 0.3 1.5 -3.1

Fuels & lubricants

11

10.905 219.0 200.1 7.9 0.5 1.4 4.1 -8.6

Nonagricultural supplies & materials excluding fuels & building materials

12

19.279 159.4 159.1 2.5 -1.1 -0.3 0.3 -0.2

Selected building materials

13

0.993 121.7 121.3 -2.1 -1.2 -0.5 -1.1 -0.3

Capital goods

2

36.374 110.1 110.1 1.5 0.2 0.0 0.0 0.0

Electrical generating equipment

20

3.868 117.1 117.2 1.4 0.9 -0.2 -0.5 0.1

Nonelectrical machinery

21

23.393 95.1 95.0 0.8 0.1 0.0 0.1 -0.1

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

22

9.113 177.1 177.2 3.2 0.1 0.2 0.1 0.1

Automotive vehicles, parts & engines

3

10.008 114.2 114.1 0.7 0.0 0.1 0.0 -0.1

Consumer goods, excluding automotives

4

12.387 109.8 109.7 0.4 0.0 0.0 0.0 -0.1

Nondurables, manufactured

40

6.043 106.7 106.5 1.0 0.0 0.1 0.2 -0.2

Durables, manufactured

41

4.919 107.2 107.3 -0.4 -0.1 -0.1 -0.3 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 3. U.S. import price indexes and percent changes for selected industries: November 2017 to November 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Nonmanufacturing

  10.705 123.8 109.5 1.4 -2.2 1.0 3.8 -11.6

Agriculture, forestry, fishing and hunting

11

2.058 189.7 179.9 -4.7 2.2 5.9 6.2 -5.2

Crop production

111

1.680 205.3 192.1 -6.2 2.4 7.5 7.5 -6.4

Animal production (Dec. 2014=100)

112

0.193 78.5 79.0 4.6 0.7 -0.5 2.9 0.6

Mining

21

8.647 117.4 102.0 3.0 -3.2 0.0 3.3 -13.1

Oil and gas extraction

211

8.411 117.8 101.9 3.0 -3.3 0.0 3.3 -13.5

Manufacturing

  89.023 112.3 111.9 0.8 -0.2 -0.1 0.1 -0.4

Manufacturing, part 1

31

11.212 125.0 124.7 0.2 0.0 0.1 0.0 -0.2

Food manufacturing

311

3.354 155.8 154.9 -0.9 -0.1 0.2 0.1 -0.6

Beverage and tobacco product manufacturing

312

1.095 122.1 122.2 2.3 0.1 -0.1 0.2 0.1

Textile mills (Dec. 2011=100)

313

0.379 100.1 99.7 0.1 0.0 0.2 -0.1 -0.4

Textile product mills

314

0.907 109.1 109.1 -0.1 0.3 -0.5 0.0 0.0

Apparel manufacturing

315

3.825 111.9 111.8 0.9 0.0 0.3 0.0 -0.1

Leather and allied product manufacturing

316

1.652 123.1 122.9 0.1 0.0 -0.2 -0.2 -0.2

Manufacturing, part 2

32

18.460 129.2 127.8 3.3 0.0 -0.2 0.0 -1.1

Wood product manufacturing

321

0.915 124.2 119.3 -12.2 -3.8 -2.5 -8.1 -3.9

Paper manufacturing

322

1.079 116.0 115.6 9.1 1.8 -0.1 0.2 -0.3

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

323

0.219 106.4 104.6 5.8 0.6 1.0 0.0 -1.7

Petroleum and coal products manufacturing

324

2.926 107.8 102.2 9.5 1.0 -0.4 3.1 -5.2

Chemical manufacturing

325

10.158 141.5 141.4 3.2 0.0 0.0 -0.1 -0.1

Plastics and rubber products manufacturing

326

2.178 119.7 120.3 1.8 -0.1 -0.1 0.2 0.5

Nonmetallic mineral product manufacturing

327

0.985 131.2 130.8 1.6 -0.2 0.1 -0.1 -0.3

Manufacturing, part 3

33

59.350 104.5 104.4 0.1 -0.3 -0.1 0.1 -0.1

Primary metal manufacturing

331

4.388 155.4 154.4 2.4 -2.1 -1.0 1.2 -0.6

Fabricated metal product manufacturing

332

3.069 127.5 127.3 1.0 -0.2 0.1 -0.3 -0.2

Machinery manufacturing

333

6.705 118.6 118.5 0.7 0.0 -0.1 0.1 -0.1

Computer and electronic product manufacturing

334

16.681 74.7 74.5 -1.6 -0.1 -0.1 -0.1 -0.3

Electrical equipment, appliance, and component manufacturing

335

4.864 116.1 116.1 0.6 0.1 -0.1 0.0 0.0

Transportation equipment manufacturing

336

16.610 109.6 109.5 0.2 -0.1 0.1 0.1 -0.1

Furniture and related product manufacturing

337

1.764 117.5 117.5 1.5 0.3 0.0 0.0 0.0

Miscellaneous manufacturing

339

5.270 118.6 118.6 0.9 -0.3 0.0 0.3 0.0

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: November 2017 to November 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Nonmanufacturing

  8.239 137.2 135.8 -1.3 1.4 -0.8 -0.1 -1.0

Agriculture, forestry, fishing and hunting

11

4.732 145.2 149.1 -3.6 1.6 -2.9 -0.3 2.7

Crop production

111

4.372 151.0 155.8 -2.8 2.0 -3.2 -0.1 3.2

Mining

21

3.507 97.3 91.5 2.0 1.2 2.2 0.0 -6.0

Mining (except oil and gas)

212

1.146 114.3 114.9 6.3 -2.2 0.6 0.5 0.5

Manufacturing

  90.262 118.0 117.0 2.4 -0.1 0.1 0.5 -0.8

Manufacturing, part 1

31

6.841 139.6 139.9 0.6 -0.5 0.5 -0.2 0.2

Food manufacturing

311

4.633 156.1 156.8 -0.7 -0.7 0.1 -0.3 0.4

Beverage and tobacco product manufacturing

312

0.696 122.3 122.0 5.7 -1.1 2.8 -0.6 -0.2

Textile mills (Dec. 2016=100)

313

0.639 105.1 104.7 3.5 0.4 -0.4 -0.3 -0.4

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

316

0.255 93.0 93.1 -3.3 -0.3 0.2 -0.1 0.1

Manufacturing, part 2

32

26.219 122.0 118.4 5.1 -0.1 0.3 1.7 -3.0

Wood product manufacturing (Dec. 2017=100)

321

0.524 101.2 101.9 - -0.7 -0.7 -1.5 0.7

Paper manufacturing

322

1.717 132.9 132.9 6.6 -0.2 0.5 0.3 0.0

Petroleum and coal products manufacturing

324

7.378 131.5 118.8 10.5 -0.6 1.1 5.8 -9.7

Chemical manufacturing

325

13.315 120.5 119.7 3.2 0.2 0.0 0.3 -0.7

Plastics and rubber products manufacturing

326

2.221 115.9 115.9 1.6 0.1 -0.2 0.0 0.0

Nonmetallic mineral product manufacturing

327

0.824 116.9 117.6 2.6 0.0 0.3 -0.2 0.6

Manufacturing, part 3

33

57.202 114.1 114.1 1.4 -0.1 0.1 0.0 0.0

Primary metal manufacturing

331

3.797 141.7 142.5 1.8 -2.1 -0.1 0.0 0.6

Fabricated metal product manufacturing

332

3.050 142.2 142.2 3.2 0.0 0.1 0.6 0.0

Machinery manufacturing

333

8.946 128.2 128.3 2.3 0.3 0.0 0.4 0.1

Computer and electronic product manufacturing

334

13.828 83.0 82.9 -0.5 -0.1 0.1 -0.5 -0.1

Electrical equipment, appliance, and component manufacturing

335

3.828 117.9 117.9 1.9 0.6 -0.1 -0.3 0.0

Transportation equipment manufacturing

336

18.034 127.2 127.2 1.9 0.1 0.1 0.0 0.0

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

337

0.402 120.7 120.7 2.4 0.0 0.0 0.0 0.0

Miscellaneous manufacturing

339

5.316 120.4 120.3 0.7 0.0 -0.1 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: November 2017 to November 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Live animals; animal products

I

1.360 194.4 194.8 1.9 0.4 -0.3 0.8 0.2

Meat and edible meat offal

02

0.373 241.8 241.6 -1.3 -0.2 -2.4 0.7 -0.1

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.730 142.2 141.5 2.4 -0.2 1.9 0.3 -0.5

Vegetable products

II

2.052 226.0 211.3 -7.0 3.0 6.7 7.3 -6.5

Edible vegetables, roots, and tubers

07

0.532 552.3 504.3 -5.0 0.0 5.9 43.8 -8.7

Edible fruit and nuts; peel of citrus fruit or melons

08

0.856 132.1 116.7 -12.5 4.8 14.7 -2.4 -11.7

Coffee, tea, mate and spices

09

0.317 204.3 208.1 -6.3 -1.0 -3.6 1.4 1.9

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

III

0.248 95.4 92.2 -21.5 -1.1 -0.2 -2.3 -3.4

Prepared foodstuffs, beverages, and tobacco

IV

2.764 165.6 165.9 2.5 -0.2 0.2 -0.4 0.2

Sugars and sugar confectionary (Dec. 2012=100)

17

0.193 87.9 88.6 2.3 -0.3 0.7 -0.2 0.8

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.199 96.7 97.6 2.1 -3.2 2.0 -1.7 0.9

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

20

0.373 174.9 174.9 2.0 0.7 0.9 0.2 0.0

Miscellaneous edible preparations (Dec. 2017=100)

21

0.206 103.0 103.0 - 0.1 0.0 -0.3 0.0

Beverages, spirits, and vinegar

22

1.036 132.4 132.5 2.6 0.0 0.0 0.3 0.1

Mineral products

V

11.747 234.6 208.8 4.9 -2.1 -0.1 3.1 -11.0

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

27

11.490 232.6 206.3 4.9 -2.1 -0.1 3.2 -11.3

Products of the chemical or allied industries

VI

9.499 159.3 159.3 3.9 -0.2 0.2 -0.2 0.0

Inorganic chemicals

28

0.654 334.0 342.7 21.5 -0.4 3.5 2.3 2.6

Organic chemicals

29

2.399 132.1 131.2 3.2 -0.2 0.2 -1.0 -0.7

Pharmaceutical products

30

4.446 152.2 151.9 2.5 -0.3 -0.2 -0.7 -0.2

Fertilizers (Dec. 2009=100)

31

0.286 89.8 91.1 12.5 2.6 -0.5 7.5 1.4

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

32

0.181 106.7 106.2 0.8 -0.9 -1.2 -0.2 -0.5

Essential oils and resinoids (Dec. 2016=100)

33

0.578 103.7 103.5 0.9 0.4 0.3 0.3 -0.2

Miscellaneous chemical products

38

0.634 107.1 107.1 1.3 -0.4 0.1 0.1 0.0

Plastics and articles thereof; rubber and articles thereof

VII

3.385 141.5 141.6 0.8 0.3 -0.2 0.1 0.1

Plastics and articles thereof

39

2.241 145.4 145.8 1.7 0.4 -0.1 0.4 0.3

Rubber and articles thereof

40

1.144 136.1 135.5 -1.0 0.0 -0.4 -0.3 -0.4

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

VIII

0.627 124.9 125.0 0.6 -0.1 -0.6 0.0 0.1

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

42

0.595 130.9 131.1 1.2 -0.1 -0.4 0.0 0.2

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

IX

0.948 151.9 146.1 -11.6 -3.7 -2.3 -7.9 -3.8

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

44

0.925 104.7 100.5 -11.8 -3.7 -2.3 -8.0 -4.0

Woodpulp, recovered paper, and paper products

X

1.128 121.4 121.1 8.9 0.9 -0.1 0.1 -0.2

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

48

0.736 111.3 110.9 7.6 0.7 -0.4 0.3 -0.4

Printed matter (Dec. 2015=100)

49

0.213 111.1 109.9 4.8 0.4 0.1 -0.7 -1.1

Textile and textile articles

XI

4.964 114.5 114.3 1.0 0.0 0.2 0.0 -0.2

Articles of apparel and clothing accessories, knitted or crocheted

61

2.000 104.5 104.4 0.9 -0.1 0.4 0.1 -0.1

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.694 120.2 120.0 1.4 0.2 0.2 -0.1 -0.2

Made-up or worn textile articles

63

0.635 104.2 104.1 0.3 0.4 -0.1 0.0 -0.1

Headgear, umbrellas, artificial flowers, etc.

XII

1.365 122.1 122.0 0.1 0.0 -0.1 -0.2 -0.1

Footwear and parts of such articles

64

1.142 121.0 120.8 -0.2 0.0 -0.1 -0.2 -0.2

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

XIII

0.919 132.2 131.8 0.7 -0.2 0.2 0.0 -0.3

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

68

0.330 99.7 98.4 1.2 -0.7 0.1 -0.1 -1.3

Ceramic products

69

0.254 135.2 136.1 -0.3 0.0 0.0 0.1 0.7

Glass and glassware

70

0.335 132.4 132.4 1.0 0.2 0.2 0.1 0.0

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

XIV

2.951 168.7 170.5 -0.9 -1.6 -0.7 0.8 1.1

Base metals and articles of base metals

XV

5.563 180.8 179.1 2.2 -1.1 -0.7 0.5 -0.9

Iron and steel

72

1.353 230.8 229.3 12.2 -1.1 0.0 0.1 -0.6

Articles of iron or steel

73

1.584 151.6 151.3 1.5 -0.3 -0.1 -0.6 -0.2

Copper and articles thereof

74

0.393 286.0 282.3 -6.0 -4.7 -3.1 5.6 -1.3

Aluminum and articles thereof

76

0.937 139.1 135.5 -1.5 -1.4 -0.9 0.7 -2.6

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

82

0.416 123.5 123.5 1.3 0.0 0.3 0.2 0.0

Miscellaneous articles of base metal

83

0.509 136.8 136.8 -0.7 0.0 -0.1 -0.1 0.0

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

XVI

28.456 80.3 80.1 -0.6 0.0 0.0 -0.1 -0.2

Machinery and mechanical appliances; parts thereof

84

13.966 86.7 86.5 -0.1 -0.1 -0.1 0.0 -0.2

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

85

14.490 74.2 74.2 -1.1 0.0 0.0 -0.3 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.842 114.3 114.3 0.4 -0.1 0.0 0.1 0.0

Motor vehicles and their parts

87

12.661 113.4 113.3 0.4 -0.1 0.0 0.1 -0.1

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

88

1.092 115.0 115.1 -0.7 -0.1 -0.2 -0.1 0.1

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

XVIII

3.810 102.5 102.3 0.6 -0.3 0.0 0.3 -0.2

Optical, photographic, measuring and medical instruments

90

3.523 99.1 98.9 0.7 -0.2 -0.1 0.4 -0.2

Clocks and watches and parts thereof

91

0.227 143.4 141.6 -1.6 -0.3 0.4 0.8 -1.3

Miscellaneous manufactured articles

XX

4.284 112.9 112.9 1.3 0.3 0.1 0.1 0.0

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

94

2.697 118.6 118.7 1.3 0.3 0.1 0.0 0.1

Toys, games and sports equipment; parts and accessories thereof

95

1.305 103.4 103.3 1.9 0.3 0.2 0.2 -0.1

Miscellaneous manufactured articles

96

0.282 130.0 130.0 0.2 -0.1 0.0 0.4 0.0

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: November 2017 to November 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Live animals; animal products

I

1.919 208.5 208.5 0.8 -0.9 0.1 0.3 0.0

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

02

1.129 160.9 160.7 -2.4 -1.8 -1.1 0.1 -0.1

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

03

0.419 119.5 120.3 7.2 0.6 0.9 0.2 0.7

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

04

0.297 109.2 108.7 - 0.9 4.2 1.8 -0.5

Vegetable products

II

4.417 184.3 190.6 -2.6 1.6 -2.5 0.4 3.4

Edible fruit and nuts; peel of citrus fruit or melons

08

0.796 129.2 137.5 -7.3 -3.0 0.2 -1.5 6.4

Cereals

10

1.399 190.9 192.4 6.9 5.0 -3.2 0.2 0.8

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

12

1.676 179.1 183.1 -8.5 2.4 -6.9 0.2 2.2

Prepared foodstuffs, beverages, and tobacco

IV

3.043 151.2 152.1 1.9 0.1 0.2 -0.1 0.6

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

20

0.339 116.2 116.9 -0.3 0.1 -0.5 0.0 0.6

Miscellaneous edible preparations (Dec. 2017=100)

21

0.565 97.6 96.7 - 1.7 0.3 -0.2 -0.9

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

22

0.515 106.5 105.1 -3.8 -0.5 -2.7 0.3 -1.3

Residues and waste from the food industries; prepared animal feed

23

0.707 211.6 219.6 10.0 -1.9 1.1 -2.1 3.8

Mineral products

V

11.227 261.1 239.7 7.8 0.0 1.4 3.8 -8.2

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

26

0.478 95.4 96.6 -8.1 -7.3 -2.4 0.0 1.3

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

27

10.569 254.2 232.0 8.8 0.4 1.6 4.1 -8.7

Products of the chemical or allied industries

VI

10.754 139.7 139.1 2.7 0.1 0.1 0.1 -0.4

Inorganic chemicals

28

0.651 147.6 147.2 -7.2 -3.0 -0.7 -2.9 -0.3

Organic chemicals

29

2.625 150.3 148.7 9.3 0.6 0.8 0.5 -1.1

Pharmaceutical products

30

3.172 106.6 106.3 1.2 -0.1 -0.1 0.1 -0.3

Fertilizers (Dec. 2016=100)

31

0.278 131.1 132.8 24.1 1.6 3.9 2.7 1.3

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

32

0.528 102.5 100.6 -1.3 0.0 -0.2 0.1 -1.9

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.803 130.7 130.7 -1.5 0.1 0.0 -0.2 0.0

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

34

0.496 121.5 121.8 -4.0 0.5 -0.1 1.4 0.2

Miscellaneous chemical products

38

1.819 154.5 154.1 4.8 0.1 0.1 0.3 -0.3

Plastics and articles thereof; rubber and articles thereof

VII

5.187 145.6 144.9 3.2 -0.1 -0.1 0.3 -0.5

Plastics and articles thereof

39

4.304 142.1 141.7 3.4 -0.2 -0.1 0.4 -0.3

Rubber and articles thereof

40

0.883 159.3 157.0 2.1 0.5 -0.1 0.0 -1.4

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

IX

0.642 100.4 99.8 -4.5 -2.0 -1.4 -2.4 -0.6

Woodpulp, recovered paper, and paper products

X

2.134 137.2 138.1 7.6 -0.4 -0.9 2.8 0.7

Woodpulp and recovered paper

47

0.696 152.7 155.4 14.8 -1.7 -2.3 8.1 1.8

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

48

1.102 130.0 130.2 4.7 0.1 -0.2 0.3 0.2

Printed material (Dec. 2014=100)

49

0.335 108.4 108.4 3.1 0.0 -0.2 0.5 0.0

Textile and textile articles

XI

1.670 124.7 124.8 3.9 1.2 -0.2 -1.0 0.1

Cotton, including yarns and woven fabrics thereof

52

0.433 129.3 130.5 4.1 2.3 -3.7 -4.2 0.9

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

XIII

0.799 124.3 124.8 1.1 0.0 0.2 0.0 0.4

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

68

0.269 102.6 103.8 2.5 0.0 0.5 0.0 1.2

Glass and glassware

70

0.407 99.3 99.3 0.4 -0.1 0.0 0.1 0.0

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

XIV

3.933 232.0 234.1 -0.6 -1.3 -0.7 0.7 0.9

Base metals and articles of base metals

XV

4.843 159.7 159.3 1.7 -2.4 -0.2 0.0 -0.3

Iron and steel

72

1.101 178.6 178.1 11.4 -3.7 1.7 0.0 -0.3

Copper and articles thereof

74

0.517 183.9 181.4 -7.3 -5.2 -3.4 2.4 -1.4

Aluminum and articles thereof

76

0.883 110.8 111.0 -6.7 -5.3 -1.6 -1.2 0.2

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

82

0.313 100.0 100.0 0.5 0.0 0.0 0.0 0.0

Miscellaneous articles of base metal

83

0.341 152.9 152.9 3.2 0.0 -0.1 0.0 0.0

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

XVI

27.384 97.8 97.7 1.1 0.1 0.0 0.0 -0.1

Machinery and mechanical appliances; parts thereof

84

15.750 115.5 115.5 1.6 0.0 0.1 0.2 0.0

Electrical machinery and equipment and parts and accessories thereof

85

11.633 78.6 78.6 0.8 0.4 0.0 -0.5 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.217 135.7 135.7 1.9 0.1 0.1 0.1 0.0

Motor vehicles and their parts

87

8.234 116.5 116.4 1.0 0.0 0.1 0.1 -0.1

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

XVIII

5.881 108.9 108.8 1.0 0.1 -0.2 -0.5 -0.1

Miscellaneous manufactured articles

XX

1.389 112.8 112.8 0.5 0.1 0.0 0.0 0.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.814 129.9 129.9 1.3 0.0 -0.1 0.0 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.414 87.6 87.6 -1.4 0.2 0.0 0.0 0.0

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: November 2017 to November 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Industrialized Countries(2)

100.000 124.6 122.8 0.8 -0.6 -0.7 0.2 -1.4

Nonmanufacturing

8.974 157.4 140.1 -7.1 -2.9 -5.8 1.2 -11.0

Manufacturing

90.520 121.4 120.8 1.6 -0.2 -0.2 0.1 -0.5

Canada

100.000 133.9 129.3 -0.8 -1.2 -1.8 0.4 -3.4

Nonmanufacturing

23.956 149.7 133.2 -7.6 -3.0 -6.3 1.2 -11.0

Manufacturing

75.184 133.2 131.7 1.1 -0.5 -0.3 0.0 -1.1

European Union

100.000 137.2 136.5 1.7 -0.1 -0.1 0.1 -0.5

Manufacturing

98.957 133.7 133.0 1.6 0.0 -0.1 0.1 -0.5

France (Dec. 2003=100)

100.000 128.7 127.5 1.3 0.0 -0.2 0.2 -0.9

Germany (Dec. 2003=100)

100.000 111.9 111.8 -3.0 0.1 -0.1 0.0 -0.1

United Kingdom (Dec. 2003=100)

100.000 122.3 120.3 1.1 -0.3 -0.2 0.7 -1.6

Latin America(3)

100.000 154.2 150.7 1.5 -0.7 1.1 1.1 -2.3

Nonmanufacturing

21.056 302.7 270.1 6.9 -1.6 5.7 5.2 -10.8

Manufacturing

78.679 122.3 122.3 0.3 -0.4 -0.1 0.1 0.0

Mexico (Dec. 2003=100)

100.000 130.7 128.9 0.2 0.1 0.9 0.8 -1.4

Nonmanufacturing (Dec. 2008=100)

10.842 168.2 146.1 9.8 1.0 11.2 6.8 -13.1

Manufacturing (Dec. 2008=100)

88.909 88.1 88.2 -0.8 -0.1 -0.1 0.0 0.1

Pacific Rim (Dec. 2003=100)(4)

100.000 99.0 98.8 0.4 -0.1 -0.1 -0.1 -0.2

China (Dec. 2003=100)

100.000 99.9 99.8 -0.3 -0.2 0.0 -0.3 -0.1

Japan

100.000 96.7 96.6 1.2 0.0 -0.1 0.1 -0.1

Asian NICs(5)

100.000 89.0 88.8 1.8 -0.3 -0.2 0.2 -0.2

ASEAN (Dec. 2003=100)(6)

100.000 98.2 97.9 -0.1 0.0 -0.1 -0.5 -0.3

Asia Near East (Dec. 2003=100)(7)

100.000 201.9 180.8 6.4 -0.3 2.9 2.2 -10.5

Footnotes
(1) Relative importance figures are based on 2016 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(5) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(6) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(7) 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. export price indexes and percent changes by locality of destination: November 2017 to November 2018 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Industrialized Countries(2)

100.000 102.7 102.7 - 0.0 0.2 0.1 0.0

Nonmanufacturing

6.494 99.6 104.5 - 0.8 1.7 -1.7 4.9

Manufacturing

92.306 103.0 102.7 - 0.0 0.1 0.2 -0.3

Canada

100.000 104.7 105.0 - 0.1 0.4 0.4 0.3

European Union

100.000 103.8 103.4 - -0.1 0.1 0.4 -0.4

Nonmanufacturing

4.724 98.4 100.3 - 0.9 0.0 -3.3 1.9

Manufacturing

94.294 104.1 103.7 - -0.1 0.1 0.5 -0.4

Germany

100.000 101.0 101.2 - -0.4 -0.4 0.2 0.2

Latin America(3)

100.000 105.2 103.4 - 0.0 0.2 1.3 -1.7

Nonmanufacturing

6.448 107.0 108.3 - 2.3 -0.9 2.1 1.2

Manufacturing

93.187 105.0 103.0 - -0.2 0.4 1.1 -1.9

Mexico

100.000 103.8 102.4 - 0.0 0.0 1.1 -1.3

Nonmanufacturing

6.206 104.7 106.3 - 1.5 -0.9 1.6 1.5

Manufacturing

93.364 103.7 102.1 - -0.1 0.1 1.0 -1.5

Pacific Rim(4)

100.000 99.9 100.1 - -0.4 -0.7 0.2 0.2

Nonmanufacturing

11.215 90.3 91.8 - 0.7 -4.7 -2.1 1.7

Manufacturing

86.316 101.3 101.3 - -0.4 0.1 0.3 0.0

China

100.000 98.9 98.8 - -0.2 -1.7 0.8 -0.1

Nonmanufacturing

17.652 89.7 91.8 - 1.8 -6.4 0.6 2.3

Manufacturing

77.808 101.0 100.2 - -0.2 -0.2 0.4 -0.8

Japan

100.000 100.7 100.7 - 0.1 -0.3 0.2 0.0

Nonmanufacturing

14.861 99.0 100.2 - 1.4 -1.6 0.4 1.2

Manufacturing

84.191 101.0 100.8 - -0.1 0.0 0.1 -0.2

Footnotes
(1) Relative importance figures are based on 2016 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

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


Table 9. U.S. terms of trade indexes and percent changes by locality: November 2017 to November 2018(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Industrialized Countries(2)

100.9 102.4 - 0.5 1.0 -0.1 1.5

Canada

102.7 106.7 - 1.3 2.2 0.0 3.9

European Union

101.8 102.0 - -0.1 0.3 0.2 0.2

Germany

103.9 104.2 - -0.5 -0.3 0.2 0.3

Latin America(3)

101.6 102.2 - 0.6 -0.9 0.2 0.6

Mexico

102.4 102.5 - -0.1 -0.9 0.3 0.1

Pacific Rim(4)

99.3 99.7 - -0.3 -0.6 0.3 0.4

China

99.1 99.1 - 0.0 -1.7 1.1 0.0

Japan

99.5 99.6 - 0.0 -0.1 0.1 0.1

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

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


Table 10. U.S. international price indexes and percent changes for selected transportation services: November 2017 to November 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Oct.
2018(1)
Index Percent change
Oct.
2018
Nov.
2018
Annual Monthly
Nov.
2017
to
Nov.
2018
July
2018
to
Aug.
2018
Aug.
2018
to
Sept.
2018
Sept.
2018
to
Oct.
2018
Oct.
2018
to
Nov.
2018

Air Freight

Import Air Freight

100.000 193.4 195.7 4.7 -0.4 0.8 2.4 1.2

Europe (Dec. 2003=100)

23.591 150.4 149.2 3.7 -0.3 -1.1 3.2 -0.8

Asia

64.585 189.0 193.3 5.5 -0.6 1.8 2.6 2.3

Export Air Freight

100.000 165.2 164.7 -3.1 -0.2 0.4 0.5 -0.3

Europe (Dec. 2006=100)

32.785 149.1 147.6 -1.7 -0.1 0.8 -0.1 -1.0

Inbound Air Freight

100.000 175.6 177.8 4.1 -0.6 1.1 1.7 1.3

Europe (Dec. 2003=100)

25.371 137.5 137.0 7.6 -0.7 -0.1 1.4 -0.4

Asia

59.797 168.1 172.2 1.0 -0.7 1.9 2.2 2.4

Outbound Air Freight

100.000 144.3 146.4 2.8 3.3 -2.8 -0.6 1.5

Europe (Dec. 2003=100)

33.251 149.7 149.4 1.3 0.1 0.6 0.5 -0.2

Asia

43.343 140.3 144.9 5.9 7.7 -6.7 -1.8 3.3

Air Passenger Fares

Import Air Passenger Fares

100.000 182.3 183.5 0.7 -8.8 10.7 0.7 0.7

Europe

44.249 217.4 222.2 1.5 -12.2 20.3 2.8 2.2

Asia

22.403 133.2 132.1 2.2 -8.0 -0.6 0.7 -0.8

Latin America/Caribbean

8.835 151.4 161.0 -0.9 -4.2 -5.5 1.7 6.3

Export Air Passenger Fares

100.000 148.5 148.7 -3.3 -3.7 -2.8 -1.8 0.1

Europe

30.891 198.2 200.8 -6.5 -11.1 4.8 -0.2 1.3

Asia

26.174 126.8 128.1 7.4 2.0 -7.1 -6.0 1.0

Latin America/Caribbean

23.198 150.1 152.7 -6.8 -1.5 -5.5 -2.0 1.7

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


                                                TECHNICAL NOTE                                                

Import and Export Goods 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) 
includes 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 Goods Indexes - Items are 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 Goods Indexes - Items are 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 - Indexes for import and export air passenger fares calculate changes in the 
average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 
foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 
sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 
the import and export air passenger fares indexes. Import air passenger fares data have used the airline 
consulting service source since September 2008. Before April 2018, the export air passenger fares data 
were collected directly by BLS from U.S. airlines. 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 represents transactions between U.S. and foreign residents) and 
international (which represents transactions inbound to and outbound from the United States.) Fact 
sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 
under "MXP Publications."

Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data 
collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 
beginning with January 2002, are based on the North American Industry Classification System (NAICS) 
covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 
manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 
collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 
based on the North American Industry Classification System (NAICS) covering goods-producing 
industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are 
defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 
import prices for a specific country, region, or grouping. The indexes are calculated as one country, 
region, or grouping's all-export goods price index divided by the corresponding all-import goods price 
index on a scale of 100. 
   
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.

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 
percent changes are then derived from the rounded index values and subsequently rounded to the tenth 
decimal place.

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. 

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: December 13, 2018