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Import prices down 1.4 percent, export prices down 5.2 percent, over the year ended November 2023

December 26, 2023

From November 2022 to November 2023, U.S. import prices decreased 1.4 percent. A 10.3-percent decrease in prices for fuel imports and a 0.4-percent decrease in prices for nonfuel imports contributed to this decline.

U.S. import price indexes for selected categories, 12-month percent change, November 2013–November 2023
Month All imports Fuel imports Nonfuel imports Foods, feeds, and beverages Industrial supplies and materials Capital goods Automotive vehicles, parts and engines Consumer goods, excluding automotives

Nov 2013

-1.8 -4.1 -1.2 3.2 -4.4 -0.6 -1.4 -0.3

Dec 2013

-1.1 -1.2 -1.2 4.0 -2.8 -0.8 -1.4 -0.4

Jan 2014

-1.3 -2.2 -1.1 4.9 -3.5 -0.8 -1.6 0.2

Feb 2014

-1.1 -0.1 -1.2 2.9 -2.2 -0.9 -1.7 0.2

Mar 2014

-0.5 1.0 -0.7 4.8 -1.1 -0.8 -1.5 0.4

Apr 2014

-0.4 0.8 -0.6 4.4 -0.9 -0.6 -1.0 0.3

May 2014

0.5 3.8 -0.2 3.1 1.4 -0.2 -0.7 0.7

Jun 2014

1.2 6.2 0.0 2.6 3.0 0.0 -0.5 0.7

Jul 2014

0.9 2.9 0.5 3.1 2.0 0.0 -0.8 0.8

Aug 2014

-0.3 -3.5 0.7 3.5 -1.7 0.0 -0.6 0.8

Sep 2014

-1.4 -7.9 0.4 3.0 -4.7 0.0 -0.7 0.9

Oct 2014

-2.1 -11.2 0.3 3.4 -6.9 -0.1 -0.7 0.7

Nov 2014

-3.1 -15.9 0.0 3.4 -9.8 -0.4 -0.7 0.6

Dec 2014

-5.6 -29.1 0.0 3.5 -17.7 -0.4 -0.6 0.7

Jan 2015

-8.9 -43.8 -0.9 1.1 -26.7 -0.8 -1.2 -0.5

Feb 2015

-10.2 -47.9 -1.1 1.9 -30.3 -0.9 -1.5 -0.3

Mar 2015

-10.8 -47.7 -1.8 -2.3 -31.0 -1.0 -1.7 -0.6

Apr 2015

-10.5 -45.3 -2.2 -2.4 -29.7 -1.2 -1.9 -0.8

May 2015

-9.7 -40.1 -2.2 -1.6 -26.8 -1.6 -1.9 -0.8

Jun 2015

-9.9 -40.1 -2.3 -0.6 -27.0 -1.8 -2.0 -0.9

Jul 2015

-10.5 -42.9 -2.6 -1.8 -28.9 -2.2 -1.3 -1.0

Aug 2015

-11.4 -48.2 -2.9 -2.2 -32.3 -2.2 -1.5 -1.1

Sep 2015

-11.6 -50.8 -3.0 -3.0 -33.6 -2.2 -1.4 -1.0

Oct 2015

-10.7 -47.4 -3.2 -5.0 -31.1 -2.3 -1.7 -0.8

Nov 2015

-9.5 -44.3 -3.2 -4.6 -28.6 -2.4 -1.8 -0.7

Dec 2015

-8.3 -41.0 -3.4 -5.3 -25.7 -2.5 -1.9 -0.6

Jan 2016

-6.5 -37.7 -2.9 -2.9 -22.2 -2.4 -1.4 -0.2

Feb 2016

-6.6 -40.8 -2.8 -4.6 -22.9 -2.2 -1.2 -0.2

Mar 2016

-6.1 -36.7 -2.5 -4.3 -20.5 -2.2 -1.0 -0.3

Apr 2016

-5.3 -31.7 -2.0 -2.1 -17.9 -2.1 -0.8 -0.5

May 2016

-5.2 -30.6 -1.8 -1.9 -17.4 -2.0 -0.5 -0.3

Jun 2016

-4.7 -24.5 -1.8 -1.8 -15.0 -2.1 -0.5 -0.5

Jul 2016

-3.7 -21.3 -1.2 1.3 -11.8 -1.9 -0.7 -0.4

Aug 2016

-2.2 -12.9 -0.9 2.3 -6.4 -1.8 -0.7 -0.5

Sep 2016

-1.1 -3.7 -0.6 3.5 -2.2 -1.5 -0.5 -0.6

Oct 2016

-0.2 3.1 -0.3 3.9 0.6 -1.4 0.0 -0.3

Nov 2016

0.2 6.1 -0.2 5.6 2.4 -1.4 0.1 -0.6

Dec 2016

1.9 24.7 0.2 4.0 10.4 -1.2 0.0 -0.7

Jan 2017

3.8 56.9 0.2 1.8 21.1 -1.1 -0.1 -0.4

Feb 2017

4.7 68.9 0.6 4.2 25.1 -0.9 0.0 -0.5

Mar 2017

4.1 50.9 0.9 4.4 20.9 -0.8 -0.1 -0.3

Apr 2017

3.6 36.9 1.0 3.4 17.3 -0.6 0.3 0.1

May 2017

2.3 20.4 0.9 4.0 10.7 -0.4 0.0 -0.2

Jun 2017

1.4 5.1 1.1 5.7 5.4 0.0 -0.2 0.0

Jul 2017

1.2 6.3 0.7 2.4 4.5 0.2 -0.3 0.1

Aug 2017

2.0 14.4 1.0 1.2 8.0 0.3 -0.1 0.4

Sep 2017

2.7 19.4 1.3 2.5 11.4 0.3 -0.1 0.3

Oct 2017

2.4 12.4 1.4 2.8 9.7 0.6 -0.4 -0.1

Nov 2017

3.5 24.8 1.5 0.3 15.1 0.7 -0.5 0.2

Dec 2017

3.2 21.8 1.3 0.9 13.6 0.7 -0.3 0.2

Jan 2018

3.4 18.5 1.9 3.0 13.1 0.8 0.5 -0.1

Feb 2018

3.3 16.0 2.0 3.5 11.7 1.0 0.6 0.2

Mar 2018

3.3 16.4 1.9 2.7 11.4 1.1 0.5 0.4

Apr 2018

3.5 21.5 1.7 2.1 13.2 1.1 0.0 0.4

May 2018

4.5 30.1 1.8 1.5 17.4 0.9 -0.1 0.7

Jun 2018

4.7 38.5 1.5 -2.3 20.6 0.4 0.0 0.4

Jul 2018

4.8 41.0 1.4 -3.6 21.1 0.3 0.3 0.7

Aug 2018

3.8 32.7 0.9 -3.3 16.9 0.1 0.2 0.5

Sep 2018

3.1 25.6 0.6 -3.1 12.9 0.0 0.2 0.6

Oct 2018

3.4 29.3 0.6 -0.8 13.9 -0.1 0.2 0.5

Nov 2018

0.7 3.5 0.4 -1.4 2.8 -0.1 0.2 0.5

Dec 2018

-0.9 -13.1 0.6 -0.4 -4.4 -0.2 0.3 0.7

Jan 2019

-1.5 -12.0 -0.2 -1.5 -5.4 -0.2 -0.5 0.3

Feb 2019

-0.7 -1.2 -0.5 -2.6 -1.1 -0.6 -0.6 0.1

Mar 2019

0.1 8.7 -0.8 -2.0 2.6 -0.9 -0.5 -0.2

Apr 2019

-0.2 6.5 -0.9 1.0 1.2 -1.3 -0.7 -0.5

May 2019

-0.9 3.9 -1.4 -0.2 -0.8 -1.2 -0.6 -0.7

Jun 2019

-2.0 -6.6 -1.4 1.1 -5.9 -1.2 -0.5 -0.5

Jul 2019

-2.0 -7.2 -1.2 2.2 -5.5 -1.3 -0.6 -0.6

Aug 2019

-2.1 -9.2 -1.1 1.1 -6.0 -1.3 -0.6 -0.5

Sep 2019

-2.1 -8.3 -1.2 -1.6 -5.0 -1.6 -0.8 -0.5

Oct 2019

-3.0 -12.7 -1.5 -3.7 -7.4 -1.8 -0.8 -0.5

Nov 2019

-1.2 1.6 -1.4 -2.5 -0.8 -2.0 -0.6 -0.6

Dec 2019

0.5 18.6 -1.4 -1.4 5.8 -1.8 -0.7 -0.6

Jan 2020

0.5 13.2 -0.9 -0.6 4.4 -1.7 0.0 -0.3

Feb 2020

-1.3 -6.6 -0.8 0.6 -3.1 -1.6 0.1 -0.6

Mar 2020

-4.2 -36.0 -0.6 -0.1 -15.7 -1.2 0.4 -0.6

Apr 2020

-6.8 -56.6 -1.0 -4.3 -26.5 -0.6 0.9 -0.5

May 2020

-6.3 -52.3 -0.7 -1.9 -25.0 -0.5 0.8 -0.4

Jun 2020

-4.0 -37.5 -0.2 -0.7 -16.6 -0.1 0.7 -0.2

Jul 2020

-2.8 -28.2 0.0 -1.2 -12.0 0.0 0.8 -0.2

Aug 2020

-1.4 -22.3 0.8 -0.1 -7.1 0.2 0.9 0.0

Sep 2020

-1.3 -26.7 1.4 1.8 -7.6 0.6 1.3 0.0

Oct 2020

-1.0 -26.2 1.6 2.0 -6.8 0.8 1.3 0.1

Nov 2020

-1.0 -24.6 1.6 0.2 -6.4 1.1 1.1 0.2

Dec 2020

-0.3 -20.1 1.9 -0.8 -3.2 1.0 1.1 0.2

Jan 2021

1.0 -12.8 2.6 0.4 2.3 1.1 1.1 0.2

Feb 2021

3.0 6.4 2.8 0.6 10.8 1.1 1.2 0.2

Mar 2021

7.1 56.4 3.8 3.8 30.5 1.3 1.1 0.6

Apr 2021

10.9 130.7 5.2 8.0 52.4 1.3 0.9 0.8

May 2021

11.6 113.1 6.1 5.9 55.2 1.2 1.2 1.0

Jun 2021

11.3 85.3 6.5 8.2 49.3 1.5 1.4 1.1

Jul 2021

10.2 65.6 6.3 9.9 41.5 1.8 1.9 1.1

Aug 2021

9.0 56.1 5.6 9.9 34.5 1.9 2.1 1.1

Sep 2021

9.3 69.8 5.1 10.2 35.8 1.8 1.9 1.4

Oct 2021

11.0 90.6 5.6 11.2 42.9 2.0 2.3 1.6

Nov 2021

11.8 87.0 6.4 13.6 44.2 2.3 2.6 1.9

Dec 2021

10.3 60.9 6.4 13.7 35.6 2.5 2.6 2.2

Jan 2022

10.8 58.4 7.0 15.4 34.2 3.2 2.8 2.6

Feb 2022

11.4 57.9 7.4 15.7 34.5 3.5 3.0 3.0

Mar 2022

13.0 72.3 7.7 13.6 39.3 3.7 3.0 3.2

Apr 2022

12.5 70.6 7.2 11.9 36.8 3.9 3.1 3.1

May 2022

11.6 72.0 5.9 11.5 32.1 4.1 3.5 2.7

Jun 2022

10.7 73.2 4.6 8.7 29.7 3.8 3.5 2.0

Jul 2022

8.8 56.6 4.1 7.3 23.6 3.6 3.5 2.0

Aug 2022

7.7 46.4 3.9 5.0 20.9 3.2 3.0 1.9

Sep 2022

6.1 32.5 3.5 3.9 15.8 3.1 3.0 1.5

Oct 2022

4.2 16.7 2.9 2.1 9.0 3.1 3.1 1.3

Nov 2022

2.7 9.4 2.0 4.0 3.5 3.0 2.9 0.8

Dec 2022

3.2 15.9 1.9 4.3 5.8 3.0 3.0 0.5

Jan 2023

0.9 2.7 0.6 2.3 -1.1 2.4 2.8 0.2

Feb 2023

-1.1 -12.3 0.2 2.0 -7.7 2.2 2.5 0.3

Mar 2023

-4.7 -28.8 -1.5 0.7 -17.7 1.6 2.3 -0.3

Apr 2023

-4.9 -26.2 -1.9 -0.8 -17.0 1.2 2.0 -0.2

May 2023

-5.7 -33.9 -1.6 -1.1 -19.7 0.9 1.8 0.0

Jun 2023

-6.1 -36.8 -1.3 -0.6 -20.7 0.8 1.6 0.1

Jul 2023

-4.8 -31.3 -0.9 2.3 -17.4 0.5 1.6 -0.4

Aug 2023

-3.0 -18.2 -0.9 4.5 -12.0 0.5 1.9 -0.5

Sep 2023

-1.5 -7.2 -0.8 3.8 -7.2 0.6 1.9 -0.3

Oct 2023

-1.8 -8.6 -0.9 4.3 -8.0 0.3 1.7 -0.3

Nov 2023

-1.4 -10.3 -0.4 3.3 -7.2 0.2 1.6 -0.1

Note: Data are not seasonally adjusted.

Import prices for industrial supplies and materials fell 7.2 percent over the year ended November 2023, marking their 11th consecutive 12-month decline. Among industrial supplies and materials imports, prices for fuels and lubricants decreased 10.3 percent and prices for materials associated with nondurable supplies and materials decreased 9.0 percent.

From November 2022 to November 2023, U.S. export prices fell 5.2 percent as agricultural export prices decreased 10.5 percent and nonagricultural export prices decreased 4.5 percent. The 10.5-percent decline in agricultural export prices was their largest 12-month drop since a 10.7-percent decrease from March 2015 to March 2016.

U.S. export price indexes for selected categories, 12-month percent change, November 2013–November 2023
Month All exports Agricultural exports Nonagricultural exports Foods, feeds, and beverages Industrial supplies and materials Capital goods Automotive vehicles, parts and engines Consumer goods, excluding automotives

Nov 2013

-1.5 -6.6 -0.9 -7.6 -2.7 0.7 0.6 -1.5

Dec 2013

-1.0 -6.4 -0.4 -7.0 -1.4 0.8 0.6 -1.2

Jan 2014

-1.0 -5.3 -0.5 -6.0 -1.2 0.2 0.4 -1.2

Feb 2014

-1.0 -5.9 -0.5 -6.4 -0.9 0.2 0.1 -1.3

Mar 2014

0.4 -1.4 0.5 -2.0 1.5 0.4 0.0 -0.9

Apr 2014

-0.1 2.2 -0.2 2.1 -1.3 0.7 0.4 -0.3

May 2014

0.6 1.4 0.5 1.8 0.2 0.9 0.5 -0.3

Jun 2014

0.2 -1.2 0.3 -0.6 -0.3 0.9 0.6 -0.2

Jul 2014

0.4 -2.7 0.7 -1.6 0.8 0.6 0.6 0.2

Aug 2014

0.4 -1.6 0.5 -0.1 -0.3 0.8 0.6 0.9

Sep 2014

-0.4 -3.7 -0.1 -2.4 -1.7 0.8 0.6 0.6

Oct 2014

-0.7 -4.6 -0.3 -3.3 -2.5 0.8 0.5 0.1

Nov 2014

-1.7 -4.2 -1.4 -3.1 -5.0 0.8 0.5 -0.4

Dec 2014

-3.0 -5.2 -2.8 -4.3 -8.7 0.8 0.4 -0.6

Jan 2015

-5.0 -6.4 -4.9 -5.6 -13.9 0.9 0.3 -1.2

Feb 2015

-5.8 -9.7 -5.3 -8.9 -15.1 0.8 0.2 -1.3

Mar 2015

-6.7 -13.7 -5.8 -12.4 -16.3 0.7 0.4 -1.7

Apr 2015

-6.3 -15.7 -5.3 -14.9 -14.4 0.4 0.0 -2.3

May 2015

-6.0 -17.0 -4.7 -16.4 -12.6 0.1 0.0 -2.1

Jun 2015

-5.8 -16.8 -4.5 -17.0 -12.0 0.0 -0.1 -1.7

Jul 2015

-6.2 -14.4 -5.3 -14.5 -13.8 0.3 -0.4 -2.4

Aug 2015

-7.1 -13.9 -6.3 -14.6 -16.2 0.1 -0.3 -2.9

Sep 2015

-7.3 -13.8 -6.6 -14.5 -16.9 0.1 -0.2 -2.8

Oct 2015

-6.7 -11.8 -6.1 -12.2 -15.9 -0.1 -0.4 -2.4

Nov 2015

-6.5 -12.7 -5.8 -12.8 -15.4 -0.2 -0.5 -2.2

Dec 2015

-6.6 -12.9 -5.9 -13.2 -15.5 -0.5 -0.5 -2.4

Jan 2016

-5.9 -12.8 -5.1 -12.9 -13.1 -0.7 -0.4 -2.6

Feb 2016

-6.1 -10.2 -5.8 -10.1 -15.1 -0.8 -0.4 -2.3

Mar 2016

-6.2 -10.7 -5.8 -10.8 -14.8 -0.7 -0.7 -2.2

Apr 2016

-5.1 -9.1 -4.7 -9.0 -12.4 -0.5 -0.7 -2.0

May 2016

-4.5 -5.2 -4.4 -5.0 -11.5 -0.4 -0.8 -1.9

Jun 2016

-3.5 -1.3 -3.8 -0.3 -9.6 -0.4 -0.7 -2.6

Jul 2016

-3.0 -2.6 -3.0 -2.3 -7.5 -0.6 -0.5 -1.8

Aug 2016

-2.4 -3.5 -2.3 -3.1 -5.3 -0.6 -1.1 -1.6

Sep 2016

-1.5 -3.1 -1.3 -2.6 -2.6 -0.6 -1.0 -1.3

Oct 2016

-1.1 -2.7 -0.8 -2.5 -1.0 -0.5 -0.8 -1.6

Nov 2016

-0.2 -1.1 -0.2 -1.1 1.1 -0.4 -0.7 -1.8

Dec 2016

1.3 -0.3 1.4 -0.4 6.1 0.0 -0.9 -2.4

Jan 2017

2.4 1.3 2.4 1.6 9.1 0.3 -0.4 -2.6

Feb 2017

3.2 2.1 3.3 2.0 11.8 0.4 -0.2 -2.4

Mar 2017

3.4 5.4 3.2 5.4 10.9 0.5 0.0 -2.3

Apr 2017

3.1 4.6 3.0 5.1 9.9 0.4 0.2 -1.9

May 2017

1.4 -0.1 1.6 -0.2 5.2 0.5 0.2 -2.0

Jun 2017

0.6 -3.8 1.0 -4.1 3.3 0.6 0.0 -1.5

Jul 2017

0.9 -1.8 1.1 -1.6 3.1 0.9 0.0 -1.5

Aug 2017

2.3 1.7 2.4 2.2 6.3 1.1 0.7 -1.1

Sep 2017

2.8 2.1 2.8 2.5 7.8 1.1 0.6 -1.3

Oct 2017

2.7 3.6 2.6 4.2 5.9 1.7 0.5 -0.8

Nov 2017

3.1 2.1 3.3 2.3 8.0 1.7 0.4 -0.5

Dec 2017

2.8 1.9 2.8 2.3 6.0 1.7 0.6 0.6

Jan 2018

3.3 1.5 3.5 1.5 7.6 1.7 0.5 1.7

Feb 2018

3.1 0.7 3.4 0.7 7.3 1.6 0.7 1.9

Mar 2018

3.4 2.8 3.5 2.9 7.5 1.4 0.8 1.8

Apr 2018

3.7 1.6 3.9 1.0 8.3 2.0 0.8 1.6

May 2018

5.0 4.8 4.9 4.3 11.9 2.0 0.9 1.5

Jun 2018

5.3 5.3 5.3 4.8 12.9 1.9 0.9 1.2

Jul 2018

4.3 -1.9 5.0 -2.2 12.1 1.9 0.8 0.8

Aug 2018

3.6 -1.5 4.1 -1.7 9.5 1.9 0.6 0.5

Sep 2018

2.7 -2.1 3.3 -2.4 6.9 1.9 0.7 0.5

Oct 2018

3.1 -4.1 3.9 -4.3 9.4 1.4 0.6 0.5

Nov 2018

1.8 -1.7 2.2 -1.6 4.1 1.4 0.6 0.5

Dec 2018

1.1 2.3 1.0 2.6 0.9 1.3 0.7 0.3

Jan 2019

-0.2 0.1 -0.2 0.8 -2.8 1.5 0.4 0.1

Feb 2019

0.2 -0.3 0.3 0.3 -1.4 1.6 0.7 0.2

Mar 2019

0.6 -2.4 0.9 -1.7 0.4 1.6 0.6 0.2

Apr 2019

0.2 -2.7 0.5 -2.2 -0.3 1.0 0.6 0.4

May 2019

-0.9 -5.3 -0.3 -4.3 -2.7 0.9 0.4 0.4

Jun 2019

-1.6 -2.0 -1.5 -0.6 -6.1 0.9 0.5 0.6

Jul 2019

-0.9 3.5 -1.5 4.5 -5.5 0.7 0.4 0.9

Aug 2019

-1.4 0.6 -1.6 1.8 -6.1 0.6 0.3 0.8

Sep 2019

-1.7 0.2 -1.9 1.6 -6.7 0.6 0.0 0.6

Oct 2019

-2.2 2.0 -2.7 3.1 -8.3 0.5 -0.1 0.5

Nov 2019

-1.3 2.7 -1.7 3.5 -5.7 0.5 0.0 0.5

Dec 2019

-0.9 -1.2 -0.8 -0.4 -3.1 0.5 -0.3 0.5

Jan 2020

0.4 3.1 0.2 3.9 -0.6 0.5 0.2 0.7

Feb 2020

-1.4 -0.1 -1.6 0.7 -5.4 0.5 -0.3 0.5

Mar 2020

-3.5 -2.4 -3.7 -2.0 -10.7 0.7 -0.3 -0.2

Apr 2020

-7.0 -4.3 -7.2 -3.4 -20.2 0.7 -0.5 -0.7

May 2020

-6.7 -3.7 -7.0 -2.7 -19.4 0.6 -0.5 -1.0

Jun 2020

-4.5 -4.5 -4.5 -4.4 -12.5 0.5 -0.6 -1.3

Jul 2020

-3.7 -3.1 -3.8 -3.0 -10.7 0.8 -0.6 -1.3

Aug 2020

-2.7 -2.9 -2.6 -3.0 -7.7 0.7 -0.4 -0.9

Sep 2020

-1.8 1.4 -2.2 1.2 -6.6 0.6 -0.3 0.0

Oct 2020

-1.7 3.2 -2.1 3.2 -6.8 0.7 0.2 0.4

Nov 2020

-1.0 4.3 -1.6 4.3 -4.8 0.6 0.4 -0.3

Dec 2020

0.4 5.4 -0.1 5.2 -1.0 0.5 0.7 0.1

Jan 2021

2.5 9.6 1.6 8.7 4.1 0.6 0.5 -0.5

Feb 2021

5.4 15.9 4.3 14.9 11.7 0.7 0.5 -0.5

Mar 2021

9.6 20.4 8.4 20.0 23.2 0.7 0.6 0.9

Apr 2021

15.0 25.5 13.7 24.8 40.8 1.1 1.0 1.3

May 2021

17.6 33.7 15.8 33.1 46.6 1.3 0.8 2.3

Jun 2021

16.9 33.4 15.1 33.7 41.2 1.8 1.0 3.3

Jul 2021

17.0 29.1 15.6 29.1 41.8 2.0 1.7 2.8

Aug 2021

16.6 33.2 14.8 33.1 39.0 2.2 1.8 2.4

Sep 2021

16.3 27.6 15.1 27.3 39.5 2.6 1.8 1.4

Oct 2021

18.3 24.7 17.6 24.0 46.0 3.1 1.9 1.4

Nov 2021

18.1 21.9 17.7 20.5 45.0 3.5 1.8 2.5

Dec 2021

14.9 21.5 14.1 20.2 33.9 3.8 2.0 2.6

Jan 2022

15.0 18.0 14.6 17.3 32.3 4.2 2.3 4.3

Feb 2022

16.8 18.2 16.6 17.7 35.7 4.3 2.7 4.8

Mar 2022

18.4 20.6 18.1 20.1 37.2 4.5 3.5 4.9

Apr 2022

18.2 21.2 17.8 20.3 35.7 4.8 4.0 5.3

May 2022

18.6 16.9 18.9 15.7 36.8 4.9 4.6 4.3

Jun 2022

18.6 15.3 19.0 13.4 37.4 4.4 4.8 3.4

Jul 2022

12.9 13.6 12.9 12.0 23.2 4.6 5.0 3.6

Aug 2022

11.2 12.0 11.1 10.3 19.3 4.3 5.1 4.0

Sep 2022

9.8 12.7 9.5 11.4 15.7 4.2 5.2 4.2

Oct 2022

7.2 10.9 6.8 10.1 10.0 3.7 4.6 4.2

Nov 2022

6.1 12.8 5.2 13.0 6.9 3.2 4.5 3.3

Dec 2022

4.6 9.3 3.9 9.6 4.6 3.0 4.6 3.0

Jan 2023

2.0 5.3 1.5 5.4 -0.5 2.8 5.4 3.0

Feb 2023

-0.8 3.1 -1.4 3.3 -6.4 3.0 4.9 2.9

Mar 2023

-5.0 -3.1 -5.2 -3.5 -13.3 2.9 4.1 2.4

Apr 2023

-6.0 -3.9 -6.3 -4.1 -15.0 2.5 3.0 2.2

May 2023

-10.3 -8.3 -10.7 -8.2 -23.2 2.2 2.7 2.7

Jun 2023

-11.8 -9.6 -12.2 -9.2 -26.1 2.4 2.6 2.8

Jul 2023

-8.1 -6.1 -8.4 -5.8 -19.4 1.9 2.1 2.7

Aug 2023

-5.7 -7.4 -5.6 -7.5 -13.8 2.0 2.2 2.3

Sep 2023

-4.3 -7.7 -4.0 -8.1 -10.6 1.9 3.1 2.1

Oct 2023

-4.7 -8.2 -4.4 -8.8 -11.8 2.3 3.5 1.4

Nov 2023

-5.2 -10.5 -4.5 -11.4 -12.3 2.4 3.4 1.5

Note: Data are not seasonally adjusted.

Over the year ended November 2023, foods, feeds, and beverages export prices fell 11.4 percent and industrial supplies and materials export prices fell 12.3 percent. The 11.4-percent decline in prices for foods, feeds, and beverages exports was their largest 12-month drop since a 12.9-percent decrease from January 2015 to January 2016.

These data are from the International Price program and are not seasonally adjusted. To learn more, see "U.S. Import and Export Price Indexes — November 2023." Also see more charts on U.S. import and export prices. Import and export price changes may be revised in each of the 3 months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down 1.4 percent, export prices down 5.2 percent, over the year ended November 2023 at https://www.bls.gov/opub/ted/2023/import-prices-down-1-4-percent-export-prices-down-5-2-percent-over-the-year-ended-november-2023.htm (visited April 13, 2024).

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