U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until                                      USDL-18-0544
8:30 a.m. (EDT) Thursday, April 12, 2018

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


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

U.S. import prices recorded no change in March, the U.S. Bureau of Labor Statistics reported today, 
following a 0.3-percent rise in February. Higher nonfuel prices offset declining prices for imported fuel in 
March. Prices for U.S. exports advanced 0.3 percent in March, after rising 0.2 percent the previous month.

Imports

All Imports: Import prices recorded no change in March following rises of 0.3 percent in February and 0.8 
percent in January. The index has not declined on a monthly basis since decreasing 0.2 percent in July 2017. 
Prices for U.S. imports rose 3.6 percent between March 2017 and March 2018. The last 12-month decline in 
import prices was a 0.2-percent drop for the period ended October 2016.

Fuel Imports: Fuel prices fell for the second consecutive month, declining 1.6 percent in March following a 
1.0-percent drop in February. The March decrease was the largest monthly decline since the index dropped 
3.6 percent in June 2017. Lower prices for both petroleum and natural gas drove the decline in fuel prices. 
Prices for imported petroleum declined 1.3 percent and natural gas fell 9.5 percent. Despite the decrease in 
March, fuel import prices advanced 18.7 percent between March 2017 and March 2018. The price index for 
petroleum imports rose 19.4 percent over the past 12 months. Prices for imported natural gas increased 20.0 
percent over the same period.

All Imports Excluding Fuel: Prices for nonfuel imports rose 0.2 percent in March, following increases of 
0.5 percent in February and January. Contributing to the March advance were higher import prices for 
nonfuel industrial supplies and materials; capital goods; and foods, feeds, and beverages, which more than 
offset declining prices for automotive vehicles and consumer goods. Nonfuel import prices advanced 2.1 
percent on a 12-month basis for the second consecutive month, the largest over-the-year increases since a 
2.4-percent advance in February 2012. An 8.0-percent rise in nonfuel industrial supplies and materials 
prices drove the 12-month advance in March.

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

March

-0.2 -3.0 0.2 0.1 1.1 0.0

April

0.2 -0.4 0.3 0.2 0.1 0.3

May

-0.1 -0.9 0.1 -0.6 -1.6 -0.4

June

-0.2 -3.6 0.1 -0.1 -1.4 0.0

July

-0.2 -1.0 -0.1 0.5 1.8 0.3

August

0.6 4.0 0.3 0.6 0.0 0.7

September

0.8 5.7 0.3 0.8 -0.7 0.9

October

0.2 0.3 0.1 0.1 2.0 -0.1

November

1.0 9.8 0.0 0.5 -0.7 0.7

December

0.2 3.3 -0.2 0.1 -0.3 (r)0.0

2018

January

0.8 (r)3.4 0.5 (r)0.7 (r)0.0 (r)0.9

February

(r)0.3 (r)-1.0 0.5 0.2 0.6 0.2

March

0.0 -1.6 0.2 0.3 3.4 -0.1

Mar. 2016 to 2017

4.1 50.9 0.9 3.4 5.4 3.2

Mar. 2017 to 2018

3.6 18.7 2.1 3.4 3.0 3.4

Footnotes
(r) Revised

Exports

All Exports: Prices for U.S. exports rose for the ninth consecutive month in March, advancing 0.3 percent. 
Increasing prices for agricultural exports drove the monthly advance, more than offsetting lower 
nonagricultural export prices. U.S. export prices increased 3.4 percent over the 12-month period ended in 
March and have not recorded an over-the-year drop since a 0.2-percent decline in November 2016.

Agricultural Exports: The price index for agricultural exports advanced 3.4 percent in March following a 
0.6-percent rise in February. The March increase is the largest monthly advance since agricultural export 
prices rose 4.8 percent in August 2012. Higher prices for soybeans and wheat contributed to the monthly 
advance, increasing 7.8 percent and 8.0 percent, respectively. The price index for agricultural exports rose 
3.0 percent over the past 12 months, driven by a 6.5-percent increase in meat prices.

All Exports Excluding Agriculture: Nonagricultural export prices ticked down 0.1 percent in March, after 
rising 0.2 percent in February and 0.9 percent in January. Declining prices for nonagricultural industrial 
supplies and materials more than offset increases in capital goods and automotive vehicles export prices. 
Prices for nonagricultural exports advanced 3.4 percent between March 2017 and March 2018, as the price 
indexes for nonagricultural industrial supplies and materials, capital goods, consumer goods, and 
automotive vehicles all increased.

                                           SELECTED MARCH HIGHLIGHTS                                            

Import Prices

Imports by Locality of Origin: Import prices from China rose for the second consecutive month in March, 
edging up 0.1 percent. The price index for imports from China increased 0.2 percent over the past 12 
months and has not recorded a 12-month decrease since December 2017. Prices for imports from Japan rose 
0.2 percent in March following increases of 0.2 percent in February and 0.5 percent in January. Despite the 
advance in March, the price index for imports from Japan edged down 0.1 percent over the past 12 months. 
The price index for imports from the European Union rose 0.1 percent in March and import prices from 
Mexico advanced 0.2 percent, after decreasing 0.5 percent the previous month. In contrast, prices for 
imports from Canada fell 0.2 percent in March.

Nonfuel Industrial Supplies and Materials: Import prices for nonfuel industrial supplies and materials 
increased 1.0 percent in March, after a 0.8-percent rise in February. Higher prices for iron and steel mill 
products and lumber each contributed to the March advance, rising 4.0 percent and 4.1 percent, respectively.

Finished Goods: Major finished goods prices were mixed in March. Import capital goods prices increased 
0.2 percent, driven by a 0.4-percent increase in prices for computers, peripherals, and semiconductors. In 
contrast, the price index for automotive vehicles decreased 0.2 percent and import prices for consumer 
goods declined 0.1 percent in March.

Foods, Feeds, and Beverages: The import price index for foods, feeds, and beverages rose 0.6 percent in 
March following increases of 1.0 percent in February and 0.7 percent in January. Higher prices for 
vegetables drove the monthly advance, more than offsetting lower fruit prices.

Transportation Services: Import air passenger fares decreased 6.5 percent in March, after a 0.9-percent 
rise in February. In March, a 14.6-percent drop in European fares more than offset increases of 2.3 percent 
in Latin American/Caribbean fares and 0.1 percent in Asian fares. Despite the monthly decrease, import air 
passenger fares advanced 1.5 percent over the past year. Prices for import air freight recorded no change in 
March and rose 11.4 percent over the past 12 months.

Export Prices

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 
prices fell 0.5 percent in March, after rising 0.2 percent the previous month. Lower fuel prices drove the 
decrease, more than offsetting increasing prices for chemicals and iron and steel products.

Finished Goods: Prices for the major finished goods categories were mostly up in March. Capital goods 
prices and automotive vehicles prices each ticked up 0.1 percent, and consumer goods prices recorded no 
change following a 0.4-percent rise in February. 

Transportation Services: Export air passenger fares rose 4.2 percent in March following a 7.9-percent 
decrease the previous month. The March increase was primarily driven by higher European and Asian fares. 
The price index for export air passenger fares advanced 2.4 percent between March 2017 and March 2018. 
Export air freight prices increased 4.3 percent in March and 4.4 percent over the past year. Prices for export 
air freight have not recorded a 12-month decline since falling 1.1 percent for the year ended February 2017.
		
Import and Export Price Index data for April are scheduled for release on Friday, May 11, 2018 at 8:30 a.m. 
(EDT).

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

All commodities

  100.000 126.9 126.9 3.6 0.2 0.8 0.3 0.0

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

  82.985 100.4 100.5 1.8 -0.1 0.4 0.5 0.1

All imports excluding petroleum

  89.948 113.8 113.9 2.1 -0.1 0.6 0.4 0.1

All imports excluding fuels (Dec. 2001=100)

  89.149 117.8 118.0 2.1 -0.2 0.5 0.5 0.2

Foods, feeds, & beverages

0

6.163 184.1 185.2 4.1 -0.9 0.7 1.0 0.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.857 202.7 203.6 4.9 -1.2 0.8 1.0 0.4

Nonagricultural foods (fish, distilled beverages)

01

1.307 142.1 143.6 1.2 0.0 0.7 0.9 1.1

Industrial supplies & materials

1

25.132 190.4 190.2 12.4 1.3 2.5 0.0 -0.1

Industrial supplies & materials excluding petroleum

  15.160 158.0 159.0 8.1 0.3 2.3 0.5 0.6

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

  14.269 178.3 180.1 8.0 -0.3 1.8 0.8 1.0

Industrial supplies & materials, durable

  9.073 169.5 171.7 9.4 -0.8 2.3 0.8 1.3

Industrial supplies & materials nondurable excluding petroleum

  6.007 143.6 143.0 6.2 2.0 2.4 0.0 -0.4

Fuels & lubricants

10

10.851 210.9 207.5 18.7 3.3 3.4 -1.0 -1.6

Petroleum & petroleum products

100

10.052 228.2 225.2 19.4 2.8 2.9 -0.8 -1.3

Crude

10000

7.117 236.5 236.1 23.2 3.2 4.2 -1.9 -0.2

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

101

0.616 121.5 113.0 11.5 16.0 13.1 -5.8 -7.0

Gas-natural

10110

0.460 106.0 95.9 20.0 20.0 13.4 -5.8 -9.5

Paper & paper base stocks

11

0.551 112.7 113.2 7.8 0.5 1.5 1.3 0.4

Materials associated with nondurable supplies & materials

12

4.722 161.9 162.6 5.4 0.7 0.9 0.9 0.4

Selected building materials

13

1.628 152.6 157.4 10.8 -1.0 -0.7 1.6 3.1

Unfinished metals related to durable goods

14

3.926 236.6 238.9 11.5 -1.8 4.9 0.9 1.0

Finished metals related to durable goods

15

1.812 161.6 163.1 11.4 0.3 1.6 0.9 0.9

Nonmetals related to durable goods

16

1.641 110.3 111.1 1.7 0.1 0.1 -0.2 0.7

Capital goods

2

26.759 89.7 89.9 1.4 0.0 0.0 0.4 0.2

Electric generating equipment

20

3.236 117.7 117.8 1.1 -0.2 0.0 0.6 0.1

Nonelectrical machinery

21

21.246 82.1 82.2 1.4 0.0 0.0 0.4 0.1

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

22

2.277 137.4 137.3 0.6 0.1 0.4 1.4 -0.1

Automotive vehicles, parts & engines

3

15.855 110.9 110.7 0.5 0.0 0.5 0.2 -0.2

Consumer goods, excluding automotives

4

26.091 107.3 107.2 0.3 -0.1 0.0 0.6 -0.1

Nondurables, manufactured

40

12.741 122.0 121.9 0.3 0.0 -0.1 0.6 -0.1

Durables, manufactured

41

12.014 93.1 93.3 0.1 -0.2 0.1 0.2 0.2

Nonmanufactured consumer goods

42

1.336 118.9 115.8 0.8 0.2 0.8 2.8 -2.6

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: March 2017 to March 2018 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Feb.
2018(1)
Index Percent change
Feb.
2018
Mar.
2018
Annual Monthly
Mar.
2017
to
Mar.
2018
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018
Jan.
2018
to
Feb.
2018
Feb.
2018
to
Mar.
2018

All commodities

  100.000 125.9 126.3 3.4 0.1 0.7 0.2 0.3

Agricultural commodities

  9.926 179.5 185.6 3.0 -0.3 0.0 0.6 3.4

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

  81.173 101.0 101.3 2.4 0.1 0.5 0.4 0.3

Nonagricultural commodities

  90.074 121.8 121.7 3.4 0.0 0.9 0.2 -0.1

Foods, feeds, & beverages

0

9.285 181.2 187.2 2.9 -0.5 -0.2 0.6 3.3

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.651 179.6 185.5 2.2 -0.6 -0.3 0.5 3.3

Nonagricultural foods (fish, distilled beverages)

01

0.634 212.7 221.2 11.9 0.4 1.6 2.2 4.0

Industrial supplies & materials

1

31.360 158.1 157.5 7.1 0.0 2.0 0.3 -0.4

Industrial supplies & materials, durable

  10.524 166.5 167.2 5.0 -0.1 1.5 1.2 0.4

Industrial supplies & materials, nondurable

  20.836 154.4 153.3 8.4 -0.1 2.3 -0.3 -0.7

Agricultural industrial supplies & materials

10

1.275 185.4 192.4 8.3 1.1 2.5 1.1 3.8

Nonagricultural industrial supplies & materials

  30.084 157.2 156.4 7.1 -0.1 2.0 0.2 -0.5

Fuels & lubricants

11

9.543 188.6 183.0 13.9 -0.4 4.2 -2.0 -3.0

Nonagricultural supplies & materials excluding fuels & building materials

12

19.524 158.9 159.9 4.8 0.0 1.1 1.3 0.6

Selected building materials

13

1.017 122.7 123.1 3.4 -0.2 -1.8 1.0 0.3

Capital goods

2

36.569 109.0 109.1 1.5 0.2 0.2 0.1 0.1

Electrical generating equipment

20

3.854 114.9 115.3 2.3 0.3 -0.5 -0.4 0.3

Nonelectrical machinery

21

23.638 94.6 94.7 1.1 0.1 0.2 0.1 0.1

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

22

9.076 173.6 173.8 2.5 0.3 0.5 0.3 0.1

Automotive vehicles, parts & engines

3

10.136 113.8 113.9 0.7 -0.1 0.4 0.2 0.1

Consumer goods, excluding automotives

4

12.651 110.4 110.4 2.3 0.2 0.5 0.4 0.0

Nondurables, manufactured

40

6.184 107.5 107.7 4.2 0.4 1.1 0.5 0.2

Durables, manufactured

41

5.022 107.7 107.6 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 3. U.S. import price indexes and percent changes for selected industries: March 2017 to March 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Feb.
2018(1)
Index Percent change
Feb.
2018
Mar.
2018
Annual Monthly
Mar.
2017
to
Mar.
2018
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018
Jan.
2018
to
Feb.
2018
Feb.
2018
to
Mar.
2018

Nonmanufacturing

  9.984 114.3 113.5 19.2 2.5 4.2 -0.9 -0.7

Agriculture, forestry, fishing and hunting

11

2.142 195.4 195.3 8.7 -2.1 2.2 3.6 -0.1

Crop production

111

1.743 210.7 209.0 10.1 -3.0 2.0 3.9 -0.8

Animal production (Dec. 2014=100)

112

0.199 80.2 81.5 2.6 1.5 2.6 2.0 1.6

Mining

21

7.842 105.3 104.4 22.2 3.7 4.7 -2.0 -0.9

Oil and gas extraction

211

7.607 105.4 104.5 23.1 4.0 4.8 -2.2 -0.9

Manufacturing

  89.726 112.0 112.1 2.1 0.0 0.4 0.5 0.1

Manufacturing, part 1

31

11.321 124.9 125.0 0.9 0.0 0.2 0.2 0.1

Food manufacturing

311

3.417 157.1 157.5 1.9 -0.1 0.3 0.3 0.3

Beverage and tobacco product manufacturing

312

1.089 120.3 120.2 1.6 0.0 0.6 0.2 -0.1

Textile mills (Dec. 2011=100)

313

0.384 100.4 101.1 3.0 0.6 -0.2 0.4 0.7

Textile product mills

314

0.919 109.3 109.8 1.2 0.0 0.0 0.1 0.5

Apparel manufacturing

315

3.845 111.3 111.1 0.0 0.0 0.4 0.1 -0.2

Leather and allied product manufacturing

316

1.666 122.8 122.7 -0.2 0.1 0.0 -0.1 -0.1

Manufacturing, part 2

32

18.146 125.7 125.4 4.2 0.4 0.1 1.1 -0.2

Wood product manufacturing

321

1.010 135.6 141.5 15.5 -1.5 -1.2 2.5 4.4

Paper manufacturing

322

1.009 107.3 107.6 3.3 0.2 0.4 0.7 0.3

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

323

0.208 100.2 100.3 0.2 0.0 1.2 0.1 0.1

Petroleum and coal products manufacturing

324

2.655 96.8 93.2 11.2 1.5 -0.6 2.9 -3.7

Chemical manufacturing

325

10.096 139.2 139.3 2.7 0.4 0.3 0.9 0.1

Plastics and rubber products manufacturing

326

2.187 118.9 118.8 0.9 0.1 -0.1 0.6 -0.1

Nonmetallic mineral product manufacturing

327

0.982 129.5 130.2 1.3 0.2 0.4 -0.1 0.5

Manufacturing, part 3

33

60.259 105.0 105.2 1.7 -0.2 0.5 0.4 0.2

Primary metal manufacturing

331

4.466 156.5 158.3 11.6 -1.6 4.0 1.4 1.2

Fabricated metal product manufacturing

332

3.096 127.3 128.1 5.6 0.1 0.4 0.6 0.6

Machinery manufacturing

333

6.771 118.5 118.7 2.2 0.0 0.2 0.5 0.2

Computer and electronic product manufacturing

334

17.073 75.7 75.8 0.0 -0.1 -0.1 0.3 0.1

Electrical equipment, appliance, and component manufacturing

335

4.895 115.6 115.7 1.4 -0.2 -0.1 0.4 0.1

Transportation equipment manufacturing

336

16.878 110.2 110.0 0.5 0.0 0.5 0.3 -0.2

Furniture and related product manufacturing

337

1.763 116.2 116.8 1.4 0.0 0.3 0.1 0.5

Miscellaneous manufacturing

339

5.318 118.4 118.6 0.9 -0.1 0.7 0.1 0.2

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: March 2017 to March 2018 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Feb.
2018(1)
Index Percent change
Feb.
2018
Mar.
2018
Annual Monthly
Mar.
2017
to
Mar.
2018
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018
Jan.
2018
to
Feb.
2018
Feb.
2018
to
Mar.
2018

Nonmanufacturing

  8.392 137.4 141.4 7.9 0.5 1.2 -1.8 2.9

Agriculture, forestry, fishing and hunting

11

5.160 155.7 164.8 3.7 -0.8 1.0 0.5 5.8

Crop production

111

4.750 161.4 171.0 3.4 -0.8 1.1 0.4 5.9

Mining

21

3.231 88.1 86.7 15.1 2.2 1.4 -5.3 -1.6

Mining (except oil and gas)

212

1.147 112.5 111.4 7.7 0.3 1.8 1.9 -1.0

Manufacturing

  90.011 115.7 115.7 3.2 0.0 0.7 0.5 0.0

Manufacturing, part 1

31

6.975 139.9 141.2 2.9 0.3 -0.4 0.8 0.9

Food manufacturing

311

4.773 158.2 159.4 3.0 0.2 -0.8 0.8 0.8

Beverage and tobacco product manufacturing

312

0.691 119.3 123.1 9.7 -0.2 1.3 2.2 3.2

Textile mills (Dec. 2016=100)

313

0.633 102.4 102.9 1.1 0.5 -0.2 0.9 0.5

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

316

0.275 98.8 98.2 -1.9 1.0 1.0 0.5 -0.6

Manufacturing, part 2

32

25.236 115.5 115.0 7.4 -0.3 1.9 0.9 -0.4

Wood product manufacturing (Dec. 2017=100)

321

0.540 102.6 103.5 - - 0.4 2.2 0.9

Paper manufacturing

322

1.647 125.4 126.3 10.2 -0.3 0.7 0.2 0.7

Petroleum and coal products manufacturing

324

6.412 112.4 108.0 16.3 -1.7 6.0 0.4 -3.9

Chemical manufacturing

325

13.345 118.7 119.7 5.3 0.3 0.7 1.3 0.8

Plastics and rubber products manufacturing

326

2.231 114.5 114.9 0.0 -0.1 0.0 0.4 0.3

Nonmetallic mineral product manufacturing

327

0.825 115.2 116.5 2.4 -0.1 -0.1 0.7 1.1

Manufacturing, part 3

33

57.800 113.3 113.4 1.6 0.1 0.4 0.3 0.1

Primary metal manufacturing

331

3.955 145.1 145.8 6.5 -0.2 2.3 1.5 0.5

Fabricated metal product manufacturing

332

3.023 138.6 138.7 0.9 -0.1 0.5 0.2 0.1

Machinery manufacturing

333

8.947 126.1 126.0 0.6 0.2 0.1 0.2 -0.1

Computer and electronic product manufacturing

334

14.160 83.6 83.7 1.5 0.0 0.2 0.1 0.1

Electrical equipment, appliance, and component manufacturing

335

3.789 114.7 115.0 1.9 0.0 -0.6 -0.3 0.3

Transportation equipment manufacturing

336

18.128 125.8 125.9 1.5 0.1 0.5 0.2 0.1

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

337

0.402 118.7 118.7 1.1 0.2 0.3 0.3 0.0

Miscellaneous manufacturing

339

5.397 120.2 120.0 1.0 0.2 0.0 0.4 -0.2

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: March 2017 to March 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Feb.
2018(1)
Index Percent change
Feb.
2018
Mar.
2018
Annual Monthly
Mar.
2017
to
Mar.
2018
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018
Jan.
2018
to
Feb.
2018
Feb.
2018
to
Mar.
2018

Live animals; animal products

I

1.394 197.2 200.2 4.4 0.1 1.2 1.9 1.5

Meat and edible meat offal

02

0.379 251.4 254.5 6.3 0.4 0.4 1.8 1.2

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.715 142.7 145.5 1.0 0.1 1.5 1.6 2.0

Vegetable products

II

2.135 232.6 230.9 9.4 -2.8 1.6 3.7 -0.7

Edible vegetables, roots, and tubers

07

0.506 539.7 592.4 44.6 -4.9 0.3 6.6 9.8

Edible fruit and nuts; peel of citrus fruit or melons

08

0.836 132.7 127.8 3.4 -3.7 1.8 1.5 -3.7

Coffee, tea, mate and spices

09

0.327 216.5 217.0 -7.8 -2.2 0.5 -0.8 0.2

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

III

0.297 112.9 110.4 -3.1 -0.9 -1.6 -1.3 -2.2

Prepared foodstuffs, beverages, and tobacco

IV

2.739 162.4 162.9 1.5 0.1 0.4 -0.1 0.3

Sugars and sugar confectionary (Dec. 2012=100)

17

0.201 90.6 90.8 5.7 -0.1 4.6 0.1 0.2

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.198 95.2 99.7 0.9 -1.3 0.0 0.8 4.7

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

20

0.360 167.0 168.5 2.1 -0.8 -1.4 -0.5 0.9

Miscellaneous edible preparations (Dec. 2017=100)

21

0.204 101.1 101.9 - - 0.0 1.1 0.8

Beverages, spirits, and vinegar

22

1.031 130.3 130.3 1.8 0.1 0.8 0.1 0.0

Mineral products

V

10.632 210.1 207.1 19.1 3.1 3.4 -0.9 -1.4

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

27

10.381 207.9 204.7 19.2 3.3 3.4 -1.0 -1.5

Products of the chemical or allied industries

VI

9.450 156.8 156.8 3.0 0.8 0.7 0.8 0.0

Inorganic chemicals

28

0.622 315.1 311.8 10.4 6.8 3.0 1.5 -1.0

Organic chemicals

29

2.383 130.3 130.4 5.0 1.5 0.7 0.3 0.1

Pharmaceutical products

30

4.439 150.9 150.7 1.1 0.0 0.5 1.3 -0.1

Fertilizers (Dec. 2009=100)

31

0.258 80.2 80.1 2.2 -1.0 1.5 -1.5 -0.1

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

32

0.183 107.3 107.6 5.7 0.9 0.7 0.3 0.3

Essential oils and resinoids (Dec. 2016=100)

33

0.580 103.4 103.7 3.7 -0.3 0.4 0.7 0.3

Miscellaneous chemical products

38

0.633 106.2 107.7 3.5 0.1 1.1 -0.7 1.4

Plastics and articles thereof; rubber and articles thereof

VII

3.404 140.8 140.8 0.9 -0.1 -0.3 0.6 0.0

Plastics and articles thereof

39

2.234 143.4 143.3 2.2 -0.3 -0.1 0.5 -0.1

Rubber and articles thereof

40

1.170 137.6 137.9 -1.3 0.4 -0.6 0.8 0.2

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

VIII

0.631 124.4 124.3 0.9 0.0 0.0 0.2 -0.1

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

42

0.596 129.7 129.8 1.1 0.0 0.1 0.1 0.1

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

IX

1.041 165.0 172.6 16.0 -1.5 -1.2 2.7 4.6

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

44

1.017 113.9 119.2 16.3 -1.5 -1.2 2.7 4.7

Woodpulp, recovered paper, and paper products

X

1.064 113.4 113.7 3.6 0.2 0.9 0.9 0.3

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

48

0.703 105.2 105.4 1.6 0.0 0.7 1.3 0.2

Printed matter (Dec. 2015=100)

49

0.205 105.9 105.9 -0.1 0.0 0.9 0.1 0.0

Textile and textile articles

XI

4.994 114.0 114.2 0.9 0.2 0.4 0.2 0.2

Articles of apparel and clothing accessories, knitted or crocheted

61

2.000 103.9 103.7 -0.1 0.0 0.3 0.1 -0.2

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.690 119.2 119.2 0.2 0.2 0.5 0.0 0.0

Made-up or worn textile articles

63

0.637 104.1 104.2 0.5 0.3 -0.1 0.1 0.1

Headgear, umbrellas, artificial flowers, etc.

XII

1.375 121.7 121.9 -0.3 0.2 -0.1 -0.2 0.2

Footwear and parts of such articles

64

1.152 120.8 120.7 -0.6 0.1 -0.1 -0.2 -0.1

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

XIII

0.921 131.1 132.0 1.5 0.1 0.5 -0.4 0.7

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

68

0.328 98.0 99.4 3.2 0.4 0.2 0.2 1.4

Ceramic products

69

0.256 134.6 134.6 -1.5 0.1 0.0 -1.5 0.0

Glass and glassware

70

0.337 132.0 132.6 2.2 -0.2 0.9 0.0 0.5

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

XIV

3.094 175.0 174.6 2.8 -0.6 2.4 -0.1 -0.2

Base metals and articles of base metals

XV

5.575 179.3 181.3 9.3 -0.9 2.0 1.2 1.1

Iron and steel

72

1.270 214.3 220.4 12.5 -0.6 3.2 2.2 2.8

Articles of iron or steel

73

1.610 152.5 154.6 11.4 0.1 1.0 1.3 1.4

Copper and articles thereof

74

0.421 303.2 301.3 9.2 -2.3 4.4 -1.0 -0.6

Aluminum and articles thereof

76

0.940 138.0 139.4 8.2 -1.4 1.3 0.4 1.0

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

82

0.417 122.5 123.0 0.2 -0.1 0.2 0.3 0.4

Miscellaneous articles of base metal

83

0.516 137.2 137.4 1.5 0.1 -0.8 0.3 0.1

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

XVI

28.957 80.8 80.9 0.6 0.0 -0.2 0.5 0.1

Machinery and mechanical appliances; parts thereof

84

14.167 87.1 87.3 2.0 0.0 -0.1 0.7 0.2

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

85

14.790 75.0 75.0 -0.5 -0.1 -0.3 0.4 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.044 114.8 114.5 0.5 0.0 0.7 0.1 -0.3

Motor vehicles and their parts

87

12.836 113.8 113.5 0.8 0.0 0.7 0.2 -0.3

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

88

1.117 116.4 116.1 -2.1 0.2 0.3 0.0 -0.3

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

XVIII

3.884 103.4 103.6 2.5 -0.2 1.7 0.2 0.2

Optical, photographic, measuring and medical instruments

90

3.598 100.1 99.9 2.1 -0.1 1.8 0.2 -0.2

Clocks and watches and parts thereof

91

0.228 142.4 149.0 5.2 0.3 -1.3 -0.1 4.6

Miscellaneous manufactured articles

XX

4.279 111.6 111.8 0.4 0.0 0.0 0.2 0.2

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

94

2.699 117.5 117.8 1.2 -0.1 0.1 0.3 0.3

Toys, games and sports equipment; parts and accessories thereof

95

1.298 101.7 101.8 -0.9 0.2 0.0 0.1 0.1

Miscellaneous manufactured articles

96

0.282 128.6 128.6 -0.9 -0.1 -0.8 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 6. U.S. export price indexes and percent changes for selected categories of goods: March 2017 to March 2018 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Feb.
2018(1)
Index Percent change
Feb.
2018
Mar.
2018
Annual Monthly
Mar.
2017
to
Mar.
2018
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018
Jan.
2018
to
Feb.
2018
Feb.
2018
to
Mar.
2018

Live animals; animal products

I

1.952 208.5 211.3 4.7 0.5 -0.3 0.7 1.3

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

02

1.198 167.9 169.5 7.1 1.2 0.1 0.7 1.0

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

03

0.419 117.4 122.1 13.1 0.5 1.7 2.4 4.0

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

04

0.260 94.1 94.1 - - -5.6 -0.3 0.0

Vegetable products

II

4.758 195.2 206.2 1.3 -1.4 1.1 0.1 5.6

Edible fruit and nuts; peel of citrus fruit or melons

08

0.918 146.6 148.5 3.4 -1.5 0.8 -0.5 1.3

Cereals

10

1.431 192.0 201.5 10.5 0.4 1.5 4.6 4.9

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

12

1.939 203.8 217.3 3.2 2.2 -2.4 2.2 6.6

Prepared foodstuffs, beverages, and tobacco

IV

3.101 151.5 153.8 4.4 -0.1 0.5 1.1 1.5

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

20

0.349 117.6 117.6 0.8 0.0 0.3 0.0 0.0

Miscellaneous edible preparations (Dec. 2017=100)

21

0.606 102.9 100.3 - - 1.8 1.1 -2.5

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

22

0.521 106.1 107.3 -3.3 -2.7 -1.0 0.9 1.1

Residues and waste from the food industries; prepared animal feed

23

0.719 211.9 228.2 15.7 1.7 1.3 3.1 7.7

Mineral products

V

9.958 227.7 220.8 16.1 -0.1 4.3 -1.8 -3.0

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

26

0.577 113.3 111.2 19.8 0.4 3.3 3.9 -1.9

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

27

9.204 217.7 210.8 16.3 -0.1 4.4 -2.1 -3.2

Products of the chemical or allied industries

VI

10.884 139.1 139.8 3.8 0.6 0.8 1.2 0.5

Inorganic chemicals

28

0.757 168.8 169.5 -4.6 2.5 3.1 0.7 0.4

Organic chemicals

29

2.534 142.7 144.9 7.0 0.3 1.2 3.3 1.5

Pharmaceutical products

30

3.307 109.3 109.5 6.1 0.5 2.7 0.9 0.2

Fertilizers (Dec. 2016=100)

31

0.252 117.0 118.7 14.6 0.7 3.5 4.8 1.5

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

32

0.528 100.7 101.0 3.2 -0.5 -1.6 0.9 0.3

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.814 130.4 130.7 -1.0 0.1 -2.0 0.2 0.2

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

34

0.492 118.4 119.2 2.7 -3.7 -3.3 0.2 0.7

Miscellaneous chemical products

38

1.806 150.8 151.1 3.8 2.0 0.5 0.0 0.2

Plastics and articles thereof; rubber and articles thereof

VII

5.128 141.6 143.6 3.2 -0.7 0.4 1.2 1.4

Plastics and articles thereof

39

4.262 138.4 140.1 5.6 -0.8 0.6 1.2 1.2

Rubber and articles thereof

40

0.866 153.7 157.4 -6.0 -0.4 -0.5 0.9 2.4

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

IX

0.681 104.8 105.5 9.2 -0.1 -1.1 1.6 0.7

Woodpulp, recovered paper, and paper products

X

2.009 127.0 126.4 -2.0 -0.1 0.0 -1.0 -0.5

Woodpulp and recovered paper

47

0.607 131.0 128.1 -14.1 0.5 0.0 -3.7 -2.2

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

48

1.073 124.5 124.8 4.5 -0.6 0.2 0.4 0.2

Printed material (Dec. 2014=100)

49

0.329 104.5 104.5 3.0 0.0 -0.6 0.0 0.0

Textile and textile articles

XI

1.663 122.1 124.8 3.1 0.5 1.2 0.0 2.2

Cotton, including yarns and woven fabrics thereof

52

0.449 132.1 141.1 8.6 2.2 3.2 -0.2 6.8

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

XIII

0.807 123.5 123.8 0.4 0.0 0.0 0.1 0.2

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

68

0.270 101.3 101.2 0.2 0.0 -0.1 0.1 -0.1

Glass and glassware

70

0.413 99.1 99.3 0.0 0.0 -0.1 0.3 0.2

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

XIV

4.154 240.9 240.2 3.7 -0.2 2.0 0.5 -0.3

Base metals and articles of base metals

XV

4.946 160.4 161.9 6.3 0.2 1.3 0.9 0.9

Iron and steel

72

1.053 168.0 175.6 10.6 1.2 3.6 0.2 4.5

Copper and articles thereof

74

0.585 205.0 202.0 19.7 0.8 3.0 0.9 -1.5

Aluminum and articles thereof

76

0.985 121.7 122.4 8.6 -0.8 0.1 3.0 0.6

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

82

0.316 99.6 99.6 0.1 0.0 0.3 -0.2 0.0

Miscellaneous articles of base metal

83

0.339 149.4 149.1 0.6 -0.1 0.8 0.1 -0.2

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

XVI

27.576 96.8 96.9 1.0 0.2 0.0 0.0 0.1

Machinery and mechanical appliances; parts thereof

84

15.789 113.9 113.9 0.5 -0.1 0.2 0.1 0.0

Electrical machinery and equipment and parts and accessories thereof

85

11.787 78.4 78.6 2.1 0.6 -0.1 0.0 0.3

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.333 134.5 134.7 1.8 0.2 0.5 0.3 0.1

Motor vehicles and their parts

87

8.328 115.9 116.0 0.8 -0.1 0.4 0.3 0.1

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

XVIII

5.980 108.9 108.9 2.4 0.2 0.6 0.4 0.0

Miscellaneous manufactured articles

XX

1.405 112.2 112.2 -0.4 -0.1 0.3 -0.2 0.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.821 128.9 128.9 0.5 0.2 0.0 0.4 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.423 88.0 87.9 -1.6 -0.8 1.1 -1.2 -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 7. U.S. import price indexes and percent changes by locality of origin: March 2017 to March 2018 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Feb.
2018(1)
Index Percent change
Feb.
2018
Mar.
2018
Annual Monthly
Mar.
2017
to
Mar.
2018
Nov.
2017
to
Dec.
2017
Dec.
2017
to
Jan.
2018
Jan.
2018
to
Feb.
2018
Feb.
2018
to
Mar.
2018

Industrialized Countries(2)

100.000 124.4 124.3 4.5 0.5 1.1 0.5 -0.1

Nonmanufacturing

8.939 156.5 154.8 15.6 3.4 3.0 -2.6 -1.1

Manufacturing

90.502 121.2 121.3 3.4 0.3 0.8 0.8 0.1

Canada

100.000 133.2 133.0 6.9 0.8 1.5 -0.1 -0.2

Nonmanufacturing

23.995 149.2 147.6 14.9 3.7 2.8 -2.9 -1.1

Manufacturing

75.055 132.4 132.5 4.2 -0.2 1.0 0.8 0.1

European Union(3)

100.000 136.5 136.6 3.3 0.3 0.7 0.7 0.1

Manufacturing

98.966 133.0 133.1 3.3 0.2 0.7 0.7 0.1

France (Dec. 2003=100)

100.000 128.4 128.5 5.8 0.1 1.3 0.6 0.1

Germany (Dec. 2003=100)

100.000 112.5 112.1 -1.1 -0.2 -3.0 0.8 -0.4

United Kingdom (Dec. 2003=100)

100.000 120.7 121.0 2.8 0.1 0.8 0.5 0.2

Latin America(4)

100.000 151.2 151.2 6.0 0.3 1.5 0.1 0.0

Nonmanufacturing

19.018 267.9 267.3 20.8 1.5 5.5 -0.9 -0.2

Manufacturing

80.710 123.0 123.1 2.8 0.1 0.5 0.3 0.1

Mexico (Dec. 2003=100)

100.000 129.1 129.4 4.4 0.2 0.6 -0.5 0.2

Nonmanufacturing (Dec. 2008=100)

8.789 134.7 135.9 14.5 2.6 3.5 -4.7 0.9

Manufacturing (Dec. 2008=100)

90.962 89.1 89.2 3.4 -0.1 0.3 0.0 0.1

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

100.000 98.7 98.9 0.5 0.0 0.1 0.2 0.2

China (Dec. 2003=100)

100.000 100.3 100.4 0.2 0.0 0.0 0.2 0.1

Japan

100.000 96.2 96.4 -0.1 0.0 0.5 0.2 0.2

Asian NICs(6)

100.000 88.2 88.7 4.1 0.5 0.6 0.1 0.6

ASEAN (Dec. 2003=100)(7)

100.000 98.4 98.5 0.7 0.2 0.0 0.2 0.1

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

100.000 180.4 180.4 12.7 2.6 3.3 0.1 0.0

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

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


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

Air Freight

Import Air Freight

100.000 181.2 181.2 11.4 -2.7 -2.3 1.9 0.0

Europe (Dec. 2003=100)

24.935 148.9 150.1 9.8 0.1 0.4 3.0 0.8

Asia

62.502 171.3 171.0 14.0 -4.3 -3.5 1.2 -0.2

Export Air Freight

100.000 159.3 166.1 4.4 -6.2 -0.2 0.2 4.3

Europe (Dec. 2006=100)

33.553 147.2 146.3 -0.5 -1.7 -0.3 0.0 -0.6

Inbound Air Freight

100.000 168.3 166.7 8.7 -1.8 0.1 0.2 -1.0

Europe (Dec. 2003=100)

26.455 137.4 139.3 5.4 3.4 1.1 3.3 1.4

Asia

58.180 156.8 153.4 9.1 -4.2 -2.7 -1.4 -2.2

Outbound Air Freight

100.000 137.6 142.2 2.0 -1.1 -0.2 -2.1 3.3

Europe (Dec. 2003=100)

33.633 144.3 147.7 2.3 -1.9 0.0 -0.3 2.4

Asia

42.204 130.2 137.7 2.5 -0.2 0.1 -4.8 5.8

Air Passenger Fares

Import Air Passenger Fares

100.000 189.3 177.0 1.5 6.5 -3.2 0.9 -6.5

Europe

46.770 238.5 203.7 3.1 -1.0 7.9 1.9 -14.6

Asia

20.667 127.6 127.7 -0.2 17.6 -11.1 -5.6 0.1

Latin America/Caribbean

9.211 163.8 167.6 3.4 10.8 -13.0 4.6 2.3

Export Air Passenger Fares

100.000 153.0 159.5 2.4 3.3 4.7 -7.9 4.2

Europe

31.241 206.4 210.9 2.7 -5.2 -5.1 6.9 2.2

Asia

25.893 129.2 131.9 4.4 12.5 12.5 -14.4 2.1

Latin America/Caribbean

25.104 167.3 168.6 0.7 3.4 7.3 -8.0 0.8

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

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


                                                TECHNICAL NOTE                                                

Import and Export Merchandise and Services Price Indexes - All indexes use a modified Laspeyres 
formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the 
weights. Published series use a base year of 2000=100 where possible. More detailed index series and 
additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101.

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

Import Price Indexes - Products have been classified by the Harmonized Tariff Schedule of the United 
States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The 
prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) 
U.S. port transaction prices, depending on the practices of the individual industry. The index for crude 
petroleum is calculated from data collected by the U.S. Department of Energy.  

Export Price Indexes - Products have been classified by the Harmonized Schedule B classification 
system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" 
(f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual 
industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of 
Agriculture.

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

Import Indexes by Locality of Origin - Prices used in these indexes are a subset of the data collected 
for the import price indexes. Beginning with January 2002, the indexes are defined by locality of origin 
using a nomenclature based upon the North American Industry Classification System (NAICS). 
Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as 
NAICS 31-33. 

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

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

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

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



Last Modified Date: April 12, 2018