U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until					USDL-26-0366
8:30 a.m. (ET) Thursday, March 5, 2026

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


                        U.S. IMPORT AND EXPORT PRICE INDEXES - JANUARY 2026

U.S. import prices increased 0.2 percent in January, the U.S. Bureau of Labor Statistics reported today, 
following a 0.2-percent advance in December. Higher prices for nonfuel imports more than offset lower 
prices for fuel imports in January. Prices for U.S. exports rose 0.6 percent in January, after rising 0.6 percent 
the previous month.
________________________________________________________________________________________________________________
             Impacts of Federal Government Shutdowns on U.S. Import and Export Price Indexes

As a result of the lapse in appropriations from October 1, 2025 through November 12, 2025, some U.S. Import 
and Export Price Index (MXP) values for October 2025 are permanently suppressed for publication. For additional 
information see www.bls.gov/mxp/notices/2026/availability-of-oct-2025-mxpi-in-bls-database.htm.

The effects of the 2025 government shutdown will continue to delay publication of MXP data releases. Revised
MXP release dates will be posted at www.bls.gov/bls/2025-lapse-revised-dates.htm as they become available.
________________________________________________________________________________________________________________

Imports

U.S. import prices increased 0.2 percent in January following an advance of 0.2 percent in December. Prices 
for U.S. imports declined 0.1 percent from January 2025 to January 2026. (See table 1.)

Fuel Imports: Prices for import fuel fell 2.2 percent in January following a decline of 1.1 percent in 
December. Lower prices for petroleum more than offset higher prices for natural gas in January. The price 
index for import fuel has not advanced on a 1-month basis since July. In January, prices for import 
petroleum fell 2.7 percent and import natural gas prices increased 3.3 percent. Fuel import prices declined 
13.4 percent from January 2025 to January 2026. The price index for petroleum imports decreased 15.9 
percent over the past 12 months and prices for import natural gas advanced 36.4 percent over the same 
period.

All Imports Excluding Fuel: Prices for nonfuel imports increased 0.5 percent in January, following a rise 
of 0.2 percent in December. Higher prices for nonfuel industrial supplies and materials; capital goods; 
automotive vehicles; consumer goods; and foods, feeds, and beverages drove the increase. Over the past 
year, nonfuel import prices increased 1.2 percent and have not declined on a 12-month basis since February 
2024. From January 2025 to January 2026, higher prices for nonfuel industrial supplies and materials and 
for capital goods more than offset lower prices for foods, feeds, and beverages and for automotive vehicles.

Foods, Feeds, and Beverages: Foods, feeds, and beverages import prices increased 0.2 percent in January 
following a rise of 0.4 percent in December. Higher prices in January for fish and shellfish; green coffee; 
and wine, beer, and related products more than offset lower prices for bakery and confectionery products 
and for other animal and vegetable preparations and products.

Nonfuel Industrial Supplies and Materials: Import prices for nonfuel industrial supplies and materials 
advanced 0.9 percent in January, after rising 1.6 percent in December. Higher prices for finished metals 
shapes and advanced manufacturing, finished nonmetals, and chemicals more than offset lower prices for 
nonmonetary gold and other precious metals.

Finished Goods: Prices for the major finished goods import categories were up in January. Import capital 
goods prices increased 0.4 percent. Higher prices for industrial and service machinery; scientific and 
medical machinery; and computers, peripherals and semiconductors drove the advance. The price index for 
import automotive vehicles increased 0.2 percent and import prices for consumer goods ticked up 0.1 
percent in January.

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
2025
January	0.3	3.0	0.0	1.4	-0.2	1.5
February	0.2	1.6	0.2	0.7	0.6	0.6
March	-0.4	-3.4	-0.1	-0.1	-0.2	0.0
April	0.1	-2.6	0.3	0.1	0.3	0.0
May	-0.5	-5.0	-0.1	-0.7	0.2	-0.8
June	-0.1	0.6	-0.3	0.5	0.8	0.6
July	0.3	2.7	0.2	0.3	-0.2	0.3
August	-0.1	-0.7	-0.2	0.1	-0.1	0.2
September	-0.1	-1.5	0.0	0.0	-0.5	0.1
October	-	-	-	-	0.4	-
November	-	-	-	-	(r)0.8	-
December	(r)0.2	(r)-1.1	0.2	(r)0.6	(r)0.0	(r)0.7
2026
January	0.2	-2.2	0.5	0.6	0.2	0.7
Jan. 2024 to 2025	1.7	1.7	1.6	2.8	0.5	3.0
Jan. 2025 to 2026	-0.1	-13.4	1.2	2.6	2.2	2.7
Footnotes (r) Revised
Some Oct and Nov 2025 data values are not available due to the 2025 lapse in appropriations.

Exports 

Prices for U.S. exports rose 0.6 percent in January following a 0.6-percent advance in December. Higher 
prices for both nonagricultural and agricultural exports drove the increase. U.S. export prices advanced 2.6 
percent over the 12-month period ended in January. (See table 2.)

Agricultural Exports: The price index for agricultural exports increased 0.2 percent in January following 
no change in December. Higher prices for export other foods and food preparations as well as corn more 
than offset lower prices for export fruit and meat. Prices for agricultural exports have not recorded a 
monthly decline since September 2025. The price index for agricultural exports advanced 2.2 percent over 
the past 12 months, as higher prices for other foods and food preparations, soybeans, nuts, and meat drove 
the over-the-year rise.

All Exports Excluding Agriculture: Nonagricultural export prices increased 0.7 percent in January, after 
rising 0.7 percent in December. Higher prices for capital goods, nonagricultural industrial supplies and 
materials, consumer goods, and automotive vehicles drove the advance. Prices for nonagricultural exports 
increased 2.7 percent from January 2025 to January 2026. Higher prices for capital goods, nonagricultural 
industrial supplies and materials, and consumer goods drove the 12-month increase.

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials export 
prices increased 0.5 percent in January, after advancing 1.3 percent the previous month. Higher prices for 
nonferrous metals and chemicals more than offset lower prices for natural gas and petroleum.

Finished Goods: Prices for the major finished goods export categories were up in January. Prices for export 
capital goods rose 0.9 percent. Higher prices for computers, peripherals, and semiconductors; civilian 
aircraft, aircraft engines and parts; and scientific and medical machinery drove the increase. Export 
automotive vehicles prices ticked up 0.1 percent in January and export consumer goods prices increased 1.0 
percent over the same period.

More information for the major import and export price indexes can be found at 
www.bls.gov/web/ximpim/largest.htm.

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Import prices from China increased 0.3 percent in January, following no 
change the previous month. The January increase was the largest monthly rise since the index advanced 0.4 
percent in October 2022. Despite the monthly advance, the price index for imports from China fell 2.6 
percent over the past 12 months. Prices for imports from Japan increased 0.3 percent in January following a 
decrease of 0.3 percent in December. The price index for imports from Japan advanced 1.2 percent over the 
past 12 months. Prices for imports from Canada increased 0.4 percent in January following an advance of 
0.7 percent the previous month. In contrast, the price index for imports from the European Union fell 0.1 
percent in January and import prices from Mexico declined 0.2 percent. (See table 7.) 

Exports by Locality of Destination: Prices for exports to China decreased 0.5 percent in January following 
a decline of 0.2 percent in December. Over the past 12 months, the price index for exports to China 
increased 1.3 percent. Prices for exports to Japan increased 3.2 percent in January, the largest monthly 
advance since the index rose 5.0 percent in March 2022. From January 2025 to January 2026, the price 
index for exports to Japan increased 6.7 percent. Prices for exports to Canada increased 3.4 percent in 
January following an advance of 2.0 percent in December. In contrast, the price index for exports to the 
European Union fell 0.1 percent in January and export prices to Mexico decreased 0.2 percent. (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 index with China 
decreased 0.7 percent in January, following a 0.2-percent decline in December. Higher import prices from 
China and lower export prices to China contributed to the decline of the U.S. terms of trade index with 
China. The index for U.S. terms of trade with Japan increased 3.0 percent in January. The index for U.S. 
terms of trade with the European Union increased 0.1 percent in January, after rising 1.0 percent in 
December. In January, the U.S. terms of trade index with Canada increased 3.0 percent and the U.S. terms 
of trade with Mexico ticked up 0.1 percent. (See table 9.)

Import and Export Services

Imports: Import air passenger fares decreased 10.1 percent in January, after an increase of 6.4 percent in 
December. The January decrease was the largest monthly decline since the index fell 14.3 percent in July 
2025. Lower Asian and Latin American/Caribbean fares more than offset higher European fares. Import air 
passenger fares advanced 3.6 percent over the past year. Prices for import air freight decreased 4.1 percent 
in January following a 3.7-percent advance in December. Lower prices for import Asian air freight in 
January more than offset higher prices for import European air freight. Import air freight prices fell 2.1 
percent from January 2025 to January 2026. (See table 10.)

Exports: The price index for export air passenger fares advanced 13.2 percent in January, the largest 
monthly rise since the index increased 14.5 percent in November 2020. Higher Latin American/Caribbean, 
Asian and European fares in January contributed to the overall advance. Despite the monthly increase, 
export air passenger fares fell 2.8 percent from January 2025 to January 2026. Prices for export air freight 
rose 3.4 percent in January following a 0.7-percent increase in December. Higher prices for export European 
air freight in January more than offset lower prices for export Asian air freight. Over the past 12 months, the 
price index for export air freight declined 4.2 percent.

U.S. Import and Export Price Index data for February 2026 are scheduled for release on Wednesday, 
March 25, 2026, at 8:30 a.m. (ET).

Table 1. U.S. import price indexes and percent changes for End Use categories of goods: January 2025 to January 2026 [2000=100, unless otherwise noted]

Description	End Use	Relative import- ance Dec. 2025(1)	Index		Percent change
			Dec. 2025	Jan. 2026	Annual	Monthly
					Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
All commodities		100.000	141.4	141.7	-0.1	-	-	0.2	0.2
All imports excluding food and fuels (Dec. 2010=100)		85.921	110.6	111.1	1.6	-	-	0.3	0.5
All imports excluding petroleum		93.651	127.1	127.6	1.3	-	-	0.5	0.4
All imports excluding fuels (Dec. 2001=100)		92.868	130.8	131.4	1.2	-	-	0.2	0.5
Foods, feeds, & beverages	0	6.948	225.3	225.8	-4.3	1.4	-0.6	0.4	0.2
Agricultural foods, feeds & beverages, excluding distilled beverages	00	5.765	256.9	257.2	-3.3	1.9	-1.0	0.5	0.1
Nonagricultural foods (fish, distilled beverages)	01	1.183	147.9	148.9	-9.4	-0.8	1.3	0.2	0.7
Industrial supplies & materials	1	21.679	244.4	244.2	-0.9	-	-	0.7	-0.1
Industrial supplies & materials excluding petroleum		15.397	222.0	224.3	7.2	-	-	2.5	1.0
Industrial supplies & materials excluding fuels (Dec. 2001=100)		14.542	246.7	249.0	6.6	-	-	1.6	0.9
Industrial supplies & materials, durable		9.914	251.9	255.1	12.1	3.4	0.7	3.1	1.3
Industrial supplies & materials nondurable excluding petroleum		5.415	186.1	187.0	-0.7	-	-	1.5	0.5
Fuels & lubricants	10	7.132	242.1	236.8	-13.4	-	-	-1.1	-2.2
Petroleum & petroleum products	100	6.349	251.7	245.0	-15.9	-2.9	-1.3	-3.1	-2.7
Crude petroleum	10000	4.463	254.7	248.4	-17.0	-3.0	-1.7	-3.1	-2.5
Fuels, n.e.s.-coals & gas	101	0.532	232.0	238.6	24.9	-	-	34.3	2.8
Natural gas	10110	0.451	239.0	247.0	36.4	-	-	47.9	3.3
Paper & paper base stocks	11	0.434	128.2	127.7	-6.4	0.5	-0.7	-0.7	-0.4
Materials associated with nondurable supplies & materials	12	4.199	198.1	198.7	-3.0	-	-	-1.3	0.3
Selected building materials (Jan. 2025=100)	13	1.376	92.1	92.6	-7.4	-	-	-0.2	0.5
Unfinished metals related to durable goods	14	3.987	411.1	407.7	22.5	4.2	2.2	4.6	-0.8
Finished metals related to durable goods	15	2.956	268.8	279.8	16.9	7.2	-1.0	4.7	4.1
Nonmetals related to durable goods (Jan. 2025=100)	16	1.594	97.8	99.7	-0.3	-0.4	1.9	-1.0	1.9
Capital goods	2	31.030	95.1	95.5	2.1	-	-	0.0	0.4
Nonelectrical machinery	21	24.304	85.5	85.9	2.1	-	-	-0.2	0.5
Transportation equipment excluding motor vehicles (Dec. 2001=100)	22	2.019	163.4	163.2	2.0	-	-	0.1	-0.1
Automotive vehicles, parts & engines	3	14.967	120.2	120.5	-1.1	-	-	0.2	0.2
Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100)	30	14.967	100.9	101.2	-1.1	-	-	0.1	0.3
Consumer goods, excluding automotives	4	25.376	110.2	110.3	0.0	-	-	0.0	0.1
Nondurables, manufactured	40	13.763	126.5	126.2	-0.6	-	-	-0.3	-0.2
Durables, manufactured	41	10.845	94.8	95.3	1.0	-	-	0.3	0.5
Nonmanufactured consumer goods	42	0.768	125.7	125.4	-1.1	-	-	0.6	-0.2
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Dash = Not available

Table 2. U.S. export price indexes and percent changes for End Use categories of goods: January 2025 to January 2026 [2000=100, unless otherwise noted]

Description	End Use	Relative import- ance Dec. 2025(1)	Index		Percent change
			Dec. 2025	Jan. 2026	Annual	Monthly
					Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
All commodities		100.000	154.6	155.6	2.6	-	-	0.6	0.6
Agricultural commodities		9.055	233.3	233.7	2.2	0.4	0.8	0.0	0.2
All exports excluding food and fuels (Dec. 2010=100)		75.400	123.0	124.5	5.6	-	-	0.2	1.2
All exports excluding fuels (June 2022=100)		83.978	106.2	107.3	5.4	-	-	0.4	1.0
Nonagricultural commodities		90.945	148.4	149.4	2.7	-	-	0.7	0.7
Foods, feeds, & beverages	0	8.578	239.7	239.7	2.6	0.2	1.0	0.1	0.0
Agricultural foods, feeds & beverages, excluding distilled beverages	00	8.112	241.1	241.1	2.6	0.2	1.2	0.0	0.0
Nonagricultural foods (fish, distilled beverages)	01	0.466	210.9	211.7	3.0	-0.2	-1.0	1.1	0.4
Industrial supplies & materials	1	37.956	209.1	210.3	2.1	-	-	1.3	0.6
Industrial supplies & materials excluding fuels (Dec. 2020=100)		21.859	134.8	137.7	12.1	-	-	0.5	2.2
Industrial supplies & materials, durable		12.373	278.1	286.5	24.6	-	-	1.5	3.0
Industrial supplies & materials, nondurable		25.583	182.5	181.3	-6.5	-	-	1.1	-0.7
Agricultural industrial supplies & materials	10	0.919	191.2	194.2	-0.5	2.3	-2.2	-0.4	1.6
Nonagricultural industrial supplies & materials		37.036	209.7	210.8	2.2	-	-	1.3	0.5
Fuels & lubricants	11	16.022	219.5	215.9	-10.0	-	-	2.3	-1.6
Nonagricultural supplies & materials excluding fuels & building materials	12	20.237	228.0	233.0	12.8	-	-	0.5	2.2
Selected building materials	13	0.777	166.8	167.7	7.7	-	-	2.6	0.5
Capital goods	2	32.409	126.7	127.8	2.7	-	-	0.1	0.9
Nonelectrical machinery	21	22.359	105.0	105.7	2.3	-	-	0.0	0.7
Transportation equipment excluding motor vehicles (Dec. 2001=100)	22	6.262	226.8	230.5	3.0	-	-	0.0	1.6
Automotive vehicles, parts & engines	3	8.285	133.9	134.1	2.7	-	-	0.0	0.1
Vehicles-passenger (Dec. 2023=100)	30	8.285	105.4	105.5	2.7	-	-	0.1	0.1
Consumer goods, excluding automotives	4	12.772	121.8	123.0	4.1	-	-	0.8	1.0
Nondurables, manufactured	40	7.469	110.9	112.6	3.2	-	-	0.5	1.5
Durables, manufactured	41	4.525	128.6	128.7	5.8	-	-	1.6	0.1
Nonmanufactured consumer goods (Dec. 2018=100)	42	0.778	118.0	118.1	1.1	-	-	0.0	0.1
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Dash = Not available

Table 3. U.S. import price indexes and percent changes for NAICS industries: January 2025 to January 2026 [December 2005=100, unless otherwise noted]

Description	NAICS	Relative import- ance Dec. 2025(1)	Index		Percent change
			Dec. 2025	Jan. 2026	Annual	Monthly
					Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Nonmanufacturing		7.302	139.8	138.4	-11.8	-	-	0.3	-1.0
Agriculture, forestry, fishing and hunting	11	2.065	248.8	252.4	-8.2	1.4	-1.1	0.6	1.4
Crop production	111	1.704	263.7	266.4	-8.9	1.8	-1.1	0.9	1.0
Animal production (Dec. 2022=100)	112	0.222	124.3	131.8	-1.3	-0.8	-1.1	-0.5	6.0
Forestry and logging (Jan. 2025=100)	113	0.099	92.1	90.3	-9.7	1.8	-2.9	2.7	-2.0
Fishing, hunting and trapping (Jan. 2025=100)	114	0.041	88.2	89.7	-10.3	-3.6	6.0	-10.3	1.7
Mining	21	5.237	125.4	122.8	-13.3	-	-	0.2	-2.1
Oil and gas extraction	211	5.018	122.3	119.8	-14.0	-	-	0.1	-2.0
Mining (except oil and gas) (Dec. 2022=100)	212	0.219	131.4	127.6	6.2	1.5	1.4	3.6	-2.9
Manufacturing		92.346	123.6	123.9	0.8	-	-	0.2	0.2
Manufacturing, part 1	31	10.397	140.0	139.2	-2.7	-	-	-0.4	-0.6
Food manufacturing	311	4.635	206.9	204.9	-0.2	2.2	-1.1	0.0	-1.0
Beverage and tobacco product manufacturing	312	0.908	121.4	121.8	-14.1	-3.5	1.8	-0.4	0.3
Textile mills (Dec. 2023=100)	313	0.284	99.3	99.7	-1.8	0.2	-0.2	-1.2	0.4
Textile product mills (Dec. 2023=100)	314	0.691	93.3	93.9	-5.9	-	-	-1.1	0.6
Apparel manufacturing	315	2.587	115.4	114.5	-3.1	-	-	-1.2	-0.8
Manufacturing, part 2	32	18.856	136.3	136.5	-2.8	-	-	-0.7	0.1
Wood product manufacturing (Jan. 2025=100)	321	0.709	89.0	89.8	-10.2	-	-	-1.7	0.9
Paper manufacturing	322	0.779	112.3	112.4	-5.1	0.3	-1.0	-0.8	0.1
Petroleum and coal products manufacturing	324	1.688	113.4	110.1	-13.2	-3.7	-0.3	-3.6	-2.9
Chemical manufacturing	325	12.276	148.9	149.2	-0.6	-	-	-0.3	0.2
Plastics and rubber products manufacturing	326	2.359	126.5	128.1	-1.9	-	-	-0.1	1.3
Nonmetallic mineral product manufacturing	327	0.914	140.3	142.0	-2.0	-	-	0.4	1.2
Manufacturing, part 3	33	63.093	116.0	116.6	2.6	-	-	0.5	0.5
Primary metal manufacturing	331	5.546	301.5	305.4	26.1	-	-	5.0	1.3
Fabricated metal product manufacturing	332	2.973	139.7	140.3	-3.2	-	-	1.2	0.4
Machinery manufacturing	333	8.124	134.4	135.1	2.1	-	-	-0.1	0.5
Computer and electronic product manufacturing	334	17.750	71.6	71.8	-0.6	-	-	-0.1	0.3
Electrical equipment, appliance, and component manufacturing	335	6.442	126.4	126.8	2.7	-	-	0.2	0.3
Transportation equipment manufacturing	336	15.535	119.6	119.9	-0.8	-	-	0.2	0.3
Miscellaneous manufacturing	339	5.204	135.8	137.2	5.9	-	-	0.4	1.0
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Dash = Not available

Table 4. U.S. export price indexes and percent changes for NAICS industries: January 2025 to January 2026 [December 2005=100, unless otherwise noted]

Description	NAICS	Relative import- ance Dec. 2025(1)	Index		Percent change
			Dec. 2025	Jan. 2026	Annual	Monthly
					Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Nonmanufacturing		14.413	167.9	165.4	-7.2	-0.8	-0.5	3.6	-1.5
Agriculture, forestry, fishing and hunting	11	4.288	183.8	183.2	1.8	0.9	1.8	-0.6	-0.3
Crop production	111	4.046	195.3	194.6	1.9	1.1	2.0	-0.7	-0.4
Animal production (Jan. 2025=100)	112	0.109	101.1	103.8	3.8	1.6	-4.0	1.1	2.7
Forestry and logging (Jan. 2025=100)	113	0.102	101.9	100.7	0.7	-3.9	3.9	-2.3	-1.2
Fishing, hunting and trapping (Jan. 2025=100)	114	0.030	86.0	89.8	-10.2	-1.6	-8.1	1.7	4.4
Mining	21	10.125	105.6	103.5	-10.3	-	-	5.3	-2.0
Oil and gas extraction (Dec. 2021=100)	211	8.955	94.4	91.9	-12.1	-1.9	-1.5	5.5	-2.6
Mining (except oil and gas)	212	1.170	125.1	128.8	5.9	-	-	3.6	3.0
Manufacturing		83.885	140.9	141.8	4.0	-	-	0.1	0.6
Manufacturing, part 1	31	6.113	176.0	177.0	3.1	-	-	0.6	0.6
Food manufacturing	311	4.489	209.3	209.6	2.5	-0.2	0.1	0.7	0.1
Beverage and tobacco product manufacturing	312	0.497	133.0	134.8	1.7	-	-	-0.2	1.4
Manufacturing, part 2	32	24.959	133.6	133.5	-0.9	-	-	-0.7	-0.1
Wood product manufacturing (Dec. 2017=100)	321	0.446	140.5	140.0	10.0	-	-	-0.1	-0.4
Paper manufacturing (Jan. 2025=100)	322	1.287	99.5	98.7	-1.3	-2.1	-0.4	-0.1	-0.8
Petroleum and coal products manufacturing	324	5.788	128.4	127.3	-5.9	-3.0	1.9	-2.4	-0.9
Chemical manufacturing	325	14.494	134.1	134.4	-0.3	-	-	-0.4	0.2
Plastics and rubber products manufacturing	326	2.129	141.1	142.3	4.3	-	-	0.3	0.9
Nonmetallic mineral product manufacturing	327	0.648	139.3	135.9	3.1	-	-	3.3	-2.4
Manufacturing, part 3	33	52.813	140.9	142.4	6.7	-	-	0.4	1.1
Primary metal manufacturing	331	5.619	321.1	336.4	43.9	-	-	2.0	4.8
Machinery manufacturing	333	8.726	157.0	157.0	2.0	-	-	-0.7	0.0
Computer and electronic product manufacturing	334	13.297	84.0	84.8	1.9	-	-	-0.1	1.0
Transportation equipment manufacturing	336	13.527	155.3	156.6	2.8	-	-	0.0	0.8
Furniture and related product manufacturing (Dec. 2023=100)	337	0.305	111.0	112.0	6.8	-	-	0.8	0.9
Miscellaneous manufacturing	339	4.488	146.9	147.8	5.3	-	-	1.7	0.6
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Dash = Not available

Table 5. U.S. import price indexes and percent changes for Harmonized categories of goods: January 2025 to January 2026 [2000=100, unless otherwise noted]

Description	Harmo- nized system	Relative importance Dec. 2025(1)	Index		Percent change
			Dec. 2025	Jan. 2026	Annual	Monthly
					Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Live animals; animal products	I	1.547	258.8	263.0	2.8	0.0	0.0	0.6	1.6
Meat and edible meat offal	02	0.551	398.7	396.1	11.0	0.1	-0.7	2.0	-0.7
Fish and crustaceans, molluscs and other aquatic invertebrates	03	0.675	158.9	163.0	-1.9	-0.1	0.4	1.1	2.6
Dairy products, eggs, and honey (Jan. 2025=100)	04	0.147	101.3	102.6	2.6	1.2	1.8	-2.8	1.3
Vegetable products	II	2.096	264.7	265.7	-7.0	1.0	0.0	0.1	0.4
Live trees & plants; bulbs, roots; cut flowers and ornamental foliage (Jan. 2025=100)	06	0.149	87.5	85.8	-14.2	5.3	3.5	-0.9	-1.9
Edible vegetables, roots, and tubers	07	0.443	508.0	506.4	-10.8	2.0	-2.0	-2.3	-0.3
Edible fruit and nuts; peel of citrus fruit or melons	08	0.705	116.8	116.5	-15.6	-1.5	0.3	1.9	-0.3
Coffee, tea, mate and spices	09	0.485	424.2	432.6	17.1	2.4	2.4	1.2	2.0
Cereals (Jan. 2025=100)	10	0.088	90.9	92.9	-7.1	-0.9	-1.2	-3.8	2.2
Milling industry products; malt; starches; inulin; wheat gluten (Jan. 2025=100)	11	0.084	91.8	92.7	-7.3	-1.4	-1.2	-0.5	1.0
Oilseeds & misc grains, seeds, plants, straw & fodder (Jan. 2025=100)	12	0.086	96.6	98.5	-1.5	4.4	-2.7	-1.7	2.0
Animal or vegetable fats and oils (Dec. 2009=100)	III	0.588	165.1	158.0	-1.9	-1.9	0.8	-0.1	-4.3
Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100)	15	0.588	111.2	106.3	-1.9	-1.9	0.8	-0.1	-4.4
Prepared foodstuffs, beverages, and tobacco	IV	3.276	202.0	200.8	-6.4	2.7	-1.9	-0.2	-0.6
Sugars and sugar confectionary (Dec. 2021=100)	17	0.209	116.6	114.3	-5.1	0.4	4.6	-4.0	-2.0
Cocoa and cocoa preparations (Dec. 2009=100)	18	0.323	263.2	260.5	-4.5	4.4	-9.6	3.0	-1.0
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)	19	0.501	98.2	98.0	-2.3	2.2	-0.7	-1.9	-0.2
Preparations of vegetables, fruit, nuts, or other parts of plants (Jan. 2025=100)	20	0.458	97.0	97.5	-2.5	-1.0	-0.4	-0.8	0.5
Miscellaneous edible preparations (Dec. 2022=100)	21	0.427	100.7	97.8	-2.5	27.9	-9.1	1.0	-2.9
Beverages, spirits, and vinegar	22	0.860	131.5	131.6	-14.9	-3.4	1.9	-0.5	0.1
Residues and waste from the food industries; prepared animal feed (Jan. 2025=100)	23	0.154	92.0	89.9	-10.1	-1.6	0.3	1.4	-2.3
Tobacco and manufactured tobacco substitutes (Jan. 2025=100)	24	0.105	95.4	97.9	-2.1	-4.5	0.4	0.8	2.6
Mineral products	V	7.036	250.4	244.8	-13.1	-	-	-0.9	-2.2
Salt; sulfur; earths and stone; plaster materials, lime & cement (Jan. 2025=100)	25	0.167	105.5	103.7	3.7	-	-	5.4	-1.7
Ores, slag and ash (Jan. 2025=100)	26	0.121	106.8	106.8	6.8	9.0	-4.4	4.1	0.0
Mineral fuels, oils and residuals, bituminous substances and mineral waxes	27	6.748	242.6	237.0	-13.7	-	-	-1.1	-2.3
Products of the chemical or allied industries	VI	11.790	170.4	170.8	-0.5	-	-	-0.4	0.2
Inorganic chemicals (Dec. 2024=100)	28	0.587	97.6	97.8	-2.4	-	-	-2.0	0.2
Organic chemicals	29	2.091	127.9	120.1	-11.0	-	-	-0.9	-6.1
Pharmaceutical products	30	6.874	157.4	160.1	4.1	-	-	0.0	1.7
Fertilizers (Dec. 2022=100)	31	0.318	68.5	68.5	11.9	-1.8	-0.7	-5.1	0.0
Soap, lubricants; waxes, candles, polishing products, and modeling paste (Dec. 2024=100)	34	0.196	98.7	98.5	-1.1	-	-	0.6	-0.2
Albuminoidal substances; modified starches; glues; enzymes (Jan. 2025=100)	35	0.109	92.5	94.1	-5.9	-2.4	0.6	-1.3	1.7
Miscellaneous chemical products	38	0.722	107.8	110.4	-0.9	-	-	-1.6	2.4
Plastics and articles thereof; rubber and articles thereof	VII	3.299	147.3	149.1	-3.1	-	-	-0.4	1.2
Plastics and articles thereof	39	2.239	143.3	145.2	-3.1	-	-	-0.4	1.3
Rubber and articles thereof	40	1.059	158.2	159.8	-3.1	-	-	-0.5	1.0
Raw hides, skins, leather, furskins, travel goods, etc (Dec. 2025=100)	VIII	0.438	100.0	100.2	-	-	-	-	0.2
Articles of leather; travel goods, bags, etc. of various materials (Dec. 2025=100)	42	0.419	100.0	100.1	-	-	-	-	0.1
Wood, wood charcoal, cork, straw, basketware and wickerwork (Jan. 2025=100)	IX	0.729	89.5	90.5	-9.5	-	-	-1.6	1.1
Wood and articles of wood; wood charcoal (Jan. 2025=100)	44	0.698	88.8	90.0	-10.0	-	-	-1.4	1.4
Woodpulp, recovered paper, and paper products (Jan. 2025=100)	X	0.873	95.6	95.6	-4.4	-	-	-0.5	0.0
Pulp wood, waste paper, and paperboard (Jan. 2025=100)	47	0.123	89.7	88.6	-11.4	1.5	-1.5	-2.5	-1.2
Paper and paperboard; articles of paper pulp, paper or paperboard (Jan. 2025=100)	48	0.581	95.7	96.0	-4.0	0.0	-0.7	-0.3	0.3
Textile and textile articles	XI	3.481	115.9	115.2	-3.8	-	-	-1.4	-0.6
Manmade filaments, yarns and woven fabrics (Jan. 2025=100)	54	0.054	91.1	94.0	-6.0	-0.5	-1.4	-1.0	3.2
Manmade staple fibers, yarns & woven fabrics (Jan. 2025=100)	55	0.048	93.5	95.4	-4.6	-1.6	-0.4	-0.6	2.0
Wadding, felt and nonwovens; special yarns; twine, cordage, and ropes (Jan. 2025=100)	56	0.089	97.2	95.4	-4.6	-1.2	0.1	1.1	-1.9
Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100)	61	1.411	96.4	95.4	-3.3	-	-	-1.4	-1.0
Articles of apparel and clothing accessories, not knitted or crocheted	62	1.091	124.0	122.6	-3.5	-	-	-1.2	-1.1
Made-up or worn textile articles (Dec. 2023=100)	63	0.490	89.3	90.6	-7.5	-1.9	1.0	-2.6	1.5
Headgear, umbrellas, artificial flowers, etc.	XII	1.078	127.5	126.6	0.2	0.9	-1.0	0.2	-0.7
Footwear and parts of such articles	64	0.894	126.1	125.9	2.0	1.2	-1.3	0.2	-0.2
Stone, plaster, cement, asbestos, ceramics, glass etc.	XIII	0.809	133.0	134.1	-2.8	-	-	-0.2	0.8
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100)	68	0.289	94.1	95.8	-4.8	-	-	-0.6	1.8
Ceramic products (Dec. 2024=100)	69	0.232	97.6	98.0	-1.8	-	-	1.2	0.4
Glass and glassware (Dec. 2021=100)	70	0.288	109.6	109.8	-1.5	-	-	-1.0	0.2
Pearls, stones, precious metals, imitation jewelry, and coins	XIV	4.371	372.2	376.1	45.9	-	-	6.9	1.0
Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100)	71	4.371	165.4	167.1	45.9	-	-	6.8	1.0
Base metals and articles of base metals	XV	5.109	224.2	228.0	-0.3	-	-	0.9	1.7
Iron and steel (Jan. 2025=100)	72	0.875	91.0	91.4	-8.6	-1.4	-0.7	0.6	0.4
Articles of iron or steel	73	1.483	177.2	179.4	-4.3	-	-	0.6	1.2
Copper and articles thereof	74	0.617	468.1	491.9	18.4	0.5	4.9	1.2	5.1
Nickel and articles thereof (Jan. 2025=100)	75	0.106	98.7	99.0	-1.0	-0.9	3.4	-1.6	0.3
Aluminum and articles thereof	76	0.910	204.2	210.6	0.2	-	-	2.1	3.1
Lead and articles thereof (Jan. 2025=100)	78	0.030	101.6	103.4	3.4	-3.0	-3.9	1.6	1.8
Zinc and articles thereof (Jan. 2025=100)	79	0.075	105.4	106.5	6.5	3.7	3.2	3.8	1.0
Tin and articles thereof (Jan. 2025=100)	80	0.035	120.1	129.8	29.8	3.6	2.4	1.8	8.1
Base metals nesoi; cermets; articles thereof (Jan. 2025=100)	81	0.126	110.2	111.8	11.8	2.4	-0.1	0.5	1.5
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof	82	0.346	128.4	133.0	1.5	-	-	0.9	3.6
Miscellaneous articles of base metal	83	0.508	147.1	143.2	0.6	-	-	0.1	-2.7
Machinery, electrical equipment, TV image and sound recorders, parts, etc.	XVI	32.116	82.5	82.8	0.9	-	-	0.0	0.4
Machinery and mechanical appliances; parts thereof	84	16.951	91.1	91.3	1.4	-	-	-0.1	0.2
Electrical machinery and equip, sound and TV recorders & reproducers, parts	85	15.166	74.6	74.9	0.1	-	-	0.1	0.4
Vehicles, aircraft, vessels and associated transport equipment	XVII	13.257	123.5	123.7	-0.9	-	-	0.2	0.2
Motor vehicles and their parts	87	12.217	122.0	122.3	-1.1	-	-	0.2	0.2
Optical, photo, measuring, medical & musical instruments; & timepieces	XVIII	4.255	112.8	113.5	2.5	-	-	-0.2	0.6
Optical, photographic, measuring and medical instruments	90	3.940	107.7	108.5	2.3	-	-	-0.2	0.7
Miscellaneous manufactured articles	XX	3.772	121.2	121.5	0.4	-	-	-0.1	0.2
Toys, games and sports equipment; parts and accessories thereof	95	1.312	106.5	107.1	0.7	-	-	0.0	0.6
Miscellaneous manufactured articles	96	0.268	146.5	147.5	-5.9	-	-	-1.0	0.7
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Dash = Not available

Table 6. U.S. export price indexes and percent changes for Harmonized categories of goods: January 2025 to January 2026 [2000=100, unless otherwise noted]

Description	Harmo- nized system	Relative import- ance Dec. 2025(1)	Index		Percent change
			Dec. 2025	Jan. 2026	Annual	Monthly
					Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Live animals; animal products	I	1.885	285.3	283.8	1.3	-0.3	-1.0	0.2	-0.5
Meat & edible meat offal (Dec. 2006=100)	02	1.184	251.1	248.5	2.6	-0.6	-0.2	0.3	-1.0
Fish and crustaceans, mollusks and aquatic invertebrates (Jan. 2025=100)	03	0.254	102.3	102.7	2.7	0.7	-3.3	1.3	0.4
Dairy products, eggs and honey (Jan. 2025=100)	04	0.325	93.9	92.3	-7.7	-1.8	-1.4	-0.2	-1.7
Products of animal origin, nesoi (Jan. 2025=100)	05	0.054	105.9	109.5	9.5	4.7	1.9	-4.8	3.4
Vegetable products	II	4.166	245.5	245.1	2.9	1.1	2.2	-0.5	-0.2
Edible Vegetables (Jan. 2025=100)	07	0.330	101.1	99.8	-0.2	4.1	1.2	-2.0	-1.3
Edible fruit and nuts; citrus or melon peels	08	1.024	197.0	192.1	6.5	0.6	5.0	0.2	-2.5
Cereals	10	1.170	222.1	224.8	-4.8	2.6	0.8	-1.8	1.2
Milling industry products; malt; starches; inulin; wheat gluten (Jan. 2025=100)	11	0.062	98.1	101.6	1.6	-0.3	-0.5	0.5	3.6
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder	12	1.427	222.4	223.2	4.6	-0.3	1.5	0.1	0.4
Animal or vegetable fats and oils (Jan. 2025=100)	III	0.125	104.5	103.3	3.3	-5.3	-0.6	-1.0	-1.1
Animal or vegetable fats & oils (Jan. 2025=100)	15	0.125	104.5	103.3	3.3	-5.3	-0.6	-1.0	-1.1
Prepared foodstuffs, beverages, and tobacco	IV	2.944	185.1	185.6	2.0	-	-	0.7	0.3
Edible preps of meat, of fish, or of aquatic invertebrates (Jan. 2025=100)	16	0.140	104.2	102.3	2.3	-1.0	-0.6	1.0	-1.8
Sugars and sugar confectionary (Jan. 2025=100)	17	0.158	104.9	101.3	1.3	1.7	1.9	0.1	-3.4
Cocoa and cocoa preparations (Jan. 2025=100)	18	0.211	116.7	115.1	15.1	0.3	2.6	1.8	-1.4
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100)	19	0.276	105.6	106.7	3.3	1.6	-2.1	2.8	1.0
Preparations of vegetables, fruit, nuts or other parts of plants (Jan. 2025=100)	20	0.306	102.7	103.0	3.0	-1.3	1.2	0.8	0.3
Miscellaneous edible preparations (Dec. 2017=100)	21	0.572	121.3	126.4	6.5	-1.4	1.9	1.0	4.2
Beverages, spirits, and vinegar (Dec. 2024=100)	22	0.535	100.4	98.7	-1.3	-	-	-2.6	-1.7
Residues and waste from the food industries; prepared animal feed	23	0.660	237.3	237.1	-2.7	0.0	-0.2	1.5	-0.1
Mineral products	V	15.862	268.0	263.7	-8.8	-1.9	-0.2	2.6	-1.6
Ores, slag and ash (Dec. 2012=100)	26	0.552	171.3	172.8	27.1	3.7	2.5	3.4	0.9
Mineral fuels, oils and residuals, bituminous substances and mineral waxes	27	15.143	253.6	249.1	-9.9	-2.2	-0.3	2.5	-1.8
Products of the chemical or allied industries	VI	12.680	167.0	166.2	0.3	-	-	-0.2	-0.5
Inorganic chemicals (Jan. 2025=100)	28	0.963	105.8	109.3	9.3	-	-	-0.5	3.3
Organic chemicals (Jan. 2025=100)	29	2.631	95.9	88.1	-11.9	-	-	-1.2	-8.1
Pharmaceutical products	30	4.821	107.3	110.2	3.6	-	-	-0.1	2.7
Fertilizers (Jan. 2025=100)	31	0.321	111.1	105.2	5.2	-8.2	5.7	-2.8	-5.3
Tanning or dyeing extracts, dyes, paints varnish, putty, & inks (Dec. 2024=100)	32	0.457	111.8	112.2	10.7	-	-	1.0	0.4
Miscellaneous chemical products	38	1.847	195.3	195.3	0.3	-	-	0.3	0.0
Rubber and articles thereof	40	0.743	196.6	195.2	-0.6	-	-	-3.2	-0.7
Raw hides and skins other than furskins and leather (Jan. 2025=100)	41	0.072	103.3	93.7	-6.3	-6.3	-1.0	-1.6	-9.3
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100)	IX	0.517	124.5	123.3	6.8	-	-	0.8	-1.0
Wood and articles of wood; wood charcoal (Dec. 2023=100)	44	0.514	116.0	114.7	6.5	-	-	0.9	-1.1
Woodpulp, recovered paper, and paper products (Jan. 2025=100)	X	1.395	98.5	98.9	-1.1	-1.0	-1.1	0.0	0.4
Woodpulp and recovered paper (Dec. 2019=100)	47	0.395	158.7	156.8	-7.6	-1.6	-2.2	-2.1	-1.2
Paper and paperboard; articles of paper pulp, paper or paperboard (Jan. 2025=100)	48	0.803	100.2	101.3	1.3	-1.7	-0.1	1.4	1.1
Textile and textile articles (Jan. 2025=100)	XI	1.199	100.9	102.4	2.4	-	-	0.8	1.5
Cotton, yarns and woven fabrics thereof	52	0.264	132.1	132.4	-6.1	-1.1	-2.2	-0.5	0.2
Manmade filaments, yarns and woven fabrics (Jan. 2025=100)	54	0.074	103.3	102.8	2.8	-2.2	-1.2	3.8	-0.5
Manmade staple fibers, yarns and woven fabrics (Jan. 2025=100)	55	0.109	99.6	94.9	-5.1	-2.0	1.2	0.6	-4.7
Stone, plaster, cement, asbestos, ceramics, glass etc.	XIII	0.693	166.0	163.4	4.1	-	-	1.6	-1.6
Glass and glassware (Dec. 2019=100)	70	0.328	121.0	116.9	1.3	-	-	3.2	-3.4
Pearls, stones, precious metals, imitation jewelry, and coins	XIV	5.472	509.3	543.4	49.6	-	-	3.7	6.7
Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100)	71	5.472	163.2	174.1	49.7	-	-	3.8	6.7
Base metals and articles of base metals	XV	4.862	231.8	233.5	10.5	-	-	0.3	0.7
Iron and steel (Jan. 2025=100)	72	0.996	105.2	105.3	5.3	0.7	-0.3	1.1	0.1
Copper and articles thereof	74	0.707	332.1	345.5	23.8	-	-	1.8	4.0
Aluminum and articles thereof	76	0.838	179.2	176.7	11.9	-	-	1.5	-1.4
Machinery, electrical equipment, TV image and sound recorders, parts, etc.	XVI	26.959	111.5	112.6	2.9	-	-	0.0	1.0
Machinery and mechanical appliances; parts thereof	84	15.908	137.7	139.2	3.1	-	-	-0.1	1.1
Electrical machinery and equipment and parts and accessories thereof	85	11.052	84.5	85.0	2.8	-	-	0.2	0.6
Vehicles, aircraft, vessels and associated transport equipment	XVII	9.737	161.7	162.0	2.5	-	-	0.1	0.2
Motor vehicles and their parts	87	6.982	134.8	134.8	2.4	-	-	0.1	0.0
Aircraft, spacecraft, and parts thereof (excluding military) (Dec. 2025=100)	88	2.618	100.0	100.7	-	-	-	-	0.7
Miscellaneous manufactured articles	XX	1.085	149.2	149.8	10.1	-	-	3.0	0.4
Furniture; stuffed furnishings; lamps and lighting fittings nesoi	94	0.544	160.3	163.3	6.7	-	-	1.8	1.9
Toys, games and sports equipment; parts and accessories thereof	95	0.393	131.8	133.0	16.7	-	-	0.7	0.9
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Dash = not available. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations.

Table 7. U.S. import price indexes and percent changes by locality of origin: January 2025 to January 2026 [2000=100, unless otherwise noted]

Description	Relative import- ance Dec. 2025(1)	Index		Percent change
		Dec. 2025	Jan. 2026	Annual	Monthly
				Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Industrialized Countries(2)	100.000	149.3	150.1	1.8	-	-	0.5	0.5
Nonmanufacturing	9.898	234.6	231.2	-10.3	-	-	1.7	-1.4
Manufacturing	89.564	142.0	143.0	3.1	-	-	0.5	0.7
Canada	100.000	170.2	170.8	-1.4	-	-	0.7	0.4
Nonmanufacturing	29.317	228.2	224.3	-10.6	-	-	1.9	-1.7
Manufacturing	69.798	158.4	160.2	2.4	-	-	0.2	1.1
European Union	100.000	158.8	158.6	1.0	-	-	0.3	-0.1
Manufacturing	99.333	154.4	154.2	1.0	-	-	0.3	-0.1
France (Dec. 2003=100)	100.000	157.2	157.3	0.6	-	-	0.3	0.1
Germany (Dec. 2003=100)	100.000	128.6	130.3	3.9	-	-	0.5	1.3
United Kingdom (Dec. 2003=100)	100.000	138.1	140.4	2.0	-	-	-0.5	1.7
Latin America(3)	100.000	176.5	176.4	-0.2	-	-	0.2	-0.1
Nonmanufacturing	12.214	315.4	315.4	-10.9	-	-	-0.5	0.0
Manufacturing	87.397	144.3	144.1	1.6	-	-	0.4	-0.1
Mexico (Dec. 2003=100)	100.000	150.3	150.0	-0.1	-	-	0.3	-0.2
Nonmanufacturing (Dec. 2008=100)	5.693	156.5	155.7	-15.4	-	-	0.2	-0.5
Manufacturing (Dec. 2008=100)	93.955	103.9	103.7	1.4	-	-	0.3	-0.2
Pacific Rim (Dec. 2003=100)(4)	100.000	101.5	101.6	-1.1	-	-	-0.1	0.1
China (Dec. 2003=100)	100.000	97.0	97.3	-2.6	-	-	0.0	0.3
Japan	100.000	102.8	103.1	1.2	-	-	-0.3	0.3
Taiwan (Dec. 2018=100)	100.000	112.2	112.5	2.3	-	-	0.4	0.3
Asian NICs(5)	100.000	94.5	94.4	-0.4	-	-	-1.0	-0.1
ASEAN (Dec. 2003=100)(6)	100.000	102.8	102.0	1.0	-	-	-0.1	-0.8
Asia Near East (Dec. 2003=100)(7)	100.000	195.3	196.4	-6.9	-	-	-0.4	0.6
Footnotes (1) Relative importance values are based on 2024 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. Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Regions are not mutually exclusive. Dash = Not available

Table 8. U.S. export price indexes and percent changes by locality of destination: January 2025 to January 2026 [December 2017=100, unless otherwise noted]

Description	Relative import- ance Dec. 2025(1)	Index		Percent change
		Dec. 2025	Jan. 2026	Annual	Monthly
				Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Industrialized Countries(2)	100.000	130.9	132.3	5.6	-	-	1.4	1.1
Nonmanufacturing	13.589	136.1	134.2	-7.9	-	-	3.7	-1.4
Manufacturing	84.722	130.1	131.8	7.5	-	-	0.9	1.3
Canada	100.000	136.9	141.6	8.1	-	-	2.0	3.4
Nonmanufacturing (Dec. 2020=100)	8.598	144.5	141.0	-1.5	-	-	2.7	-2.4
Manufacturing (Dec. 2020=100)	88.742	126.8	131.4	8.1	-	-	1.8	3.6
European Union	100.000	121.3	121.2	-0.2	-	-	1.3	-0.1
Nonmanufacturing	19.555	125.0	123.6	-10.0	-	-	4.3	-1.1
Manufacturing	79.357	120.9	121.2	2.3	-	-	0.3	0.2
Germany	100.000	131.6	133.2	6.3	-	-	-0.8	1.2
Latin America(3)	100.000	125.2	124.4	1.2	-	-	0.3	-0.6
Nonmanufacturing	9.145	157.5	155.3	0.3	-	-	7.6	-1.4
Manufacturing	90.405	122.9	122.2	1.3	-	-	-0.5	-0.6
Mexico	100.000	128.2	128.0	3.5	-	-	-0.2	-0.2
Nonmanufacturing	8.581	149.3	143.7	6.7	-	-	9.1	-3.8
Manufacturing	90.841	127.7	127.8	3.2	-	-	-0.9	0.1
Pacific Rim(4)	100.000	115.9	117.3	2.3	-	-	0.4	1.2
Nonmanufacturing	18.945	105.3	106.0	-8.3	-	-	1.3	0.7
Manufacturing	78.955	119.9	121.9	5.1	-	-	-0.2	1.7
China	100.000	110.3	109.8	1.3	-	-	-0.2	-0.5
Nonmanufacturing	23.864	98.9	98.0	-0.5	-	-	2.4	-0.9
Manufacturing	73.807	116.3	116.0	1.8	-	-	-1.3	-0.3
Japan	100.000	117.6	121.4	6.7	-	-	0.6	3.2
Nonmanufacturing	20.870	115.1	116.0	-5.8	-	-	6.9	0.8
Manufacturing	77.681	117.4	122.3	9.8	-	-	-1.8	4.2
Footnotes (1) Relative importance values are based on 2024 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. Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Regions are not mutually exclusive. Dash = Not available

Table 9. U.S. terms of trade indexes and percent changes by locality: January 2025 to January 2026(1) [December 2017=100, unless otherwise noted]

Description	Index		Percent change
	Dec. 2025	Jan. 2026	Annual	Monthly
			Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Industrialized Countries(2)	107.3	107.9	3.8	-	-	0.8	0.6
Canada	105.7	108.9	9.7	-	-	1.3	3.0
European Union	102.8	102.9	-1.2	-	-	1.0	0.1
Germany	117.8	117.7	2.3	-	-	-1.3	-0.1
Latin America(3)	105.6	105.0	1.4	-	-	0.1	-0.6
Mexico	110.0	110.1	3.6	-	-	-0.5	0.1
Pacific Rim(4)	112.4	113.6	3.4	-	-	0.5	1.1
China	113.8	113.0	4.1	-	-	-0.2	-0.7
Japan	109.2	112.5	5.4	-	-	0.8	3.0
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. Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. Regions are not mutually exclusive. Dash = Not available

Table 10. U.S. international price indexes and percent changes for selected transportation services: January 2025 to January 2026 [2000=100, unless otherwise noted]

Description	Relative import- ance Dec. 2025(1)	Index		Percent change
		Dec. 2025	Jan. 2026	Annual	Monthly
				Jan. 2025 to Jan. 2026	Sep. 2025 to Oct. 2025	Oct. 2025 to Nov. 2025	Nov. 2025 to Dec. 2025	Dec. 2025 to Jan. 2026
Air Freight
Import Air Freight	100.000	271.4	260.4	-2.1	-	-	3.7	-4.1
Europe (Dec. 2003=100)	33.168	201.6	212.9	26.1	-	-	4.5	5.6
Asia	64.663	290.4	263.2	-8.1	-	-	4.1	-9.4
Export Air Freight	100.000	164.1	169.7	-4.2	-	-	0.7	3.4
Europe (Dec. 2006=100)	34.877	125.2	130.6	0.2	-	-	-0.1	4.3
Asia (Dec. 2011=100)	39.914	128.8	126.7	-9.7	-	-	3.0	-1.6
Inbound Air Freight	100.000	191.1	183.1	-2.4	-	-	3.3	-4.2
Europe (Dec. 2003=100)	30.649	167.7	174.8	24.4	-	-	4.3	4.2
Asia	58.595	190.0	173.2	-10.2	-	-	4.1	-8.8
Outbound Air Freight	100.000	155.6	158.9	-6.8	-	-	0.5	2.1
Europe (Dec. 2003=100)	36.382	158.5	165.6	-2.4	-	-	0.7	4.5
Asia	36.314	155.6	156.8	-14.2	-	-	0.3	0.8
Air Passenger Fares
Import Air Passenger Fares	100.000	192.4	173.0	3.6	3.8	2.1	6.4	-10.1
Europe	41.001	198.4	200.1	8.9	-1.7	2.6	-0.7	0.9
Asia	20.241	176.9	144.3	-6.6	4.4	-0.3	12.9	-18.4
Latin America/Caribbean	9.687	173.7	140.1	-4.0	7.7	8.3	16.3	-19.3
Export Air Passenger Fares	100.000	172.4	195.1	-2.8	2.0	1.0	-2.3	13.2
Europe	32.763	207.6	223.7	-1.6	1.9	-4.7	-3.2	7.8
Asia	17.567	157.3	187.6	-8.4	2.2	9.9	-6.9	19.3
Latin America/Caribbean	28.407	169.6	214.4	-4.8	1.7	0.4	1.8	26.4
Footnotes (1) Relative importance values are based on 2024 trade values.
NOTES: Data may be revised in each of the 3 months after original publication. Some Oct and Nov 2025 one-month percent changes are not available due to the 2025 lapse in appropriations. 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. 

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. 

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. 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.) 

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. 

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. 

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