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Import prices up 2.1 percent, export prices up 5.6 percent over the year ended March 2026

April 20, 2026

U.S. import prices advanced 2.1 percent from March 2025 to March 2026. This 12-month increase was the largest over-the-year advance since the index rose 2.2 percent in December 2024. U.S. export prices rose 5.6 percent for the 12-month period ended March 2026. The March advance was the largest over-the-year increase since the index rose 6.1 percent in November 2022.

U.S. import and export price indexes, 12-month percent change
Month All imports Fuel imports Nonfuel imports All exports Agricultural exports Nonagricultural exports
Mar 2016 -6.1 -36.7 -2.5 -6.2 -10.7 -5.8
Apr 2016 -5.3 -31.7 -2.0 -5.1 -9.1 -4.7
May 2016 -5.2 -30.6 -1.8 -4.5 -5.2 -4.4
June 2016 -4.7 -24.5 -1.8 -3.5 -1.3 -3.8
July 2016 -3.7 -21.3 -1.2 -3.0 -2.6 -3.0
Aug 2016 -2.2 -12.9 -0.9 -2.4 -3.5 -2.3
Sept 2016 -1.1 -3.7 -0.6 -1.5 -3.1 -1.3
Oct 2016 -0.2 3.1 -0.3 -1.1 -2.7 -0.8
Nov 2016 0.2 6.1 -0.2 -0.2 -1.1 -0.2
Dec 2016 1.9 24.7 0.2 1.3 -0.3 1.4
Jan 2017 3.8 56.9 0.2 2.4 1.3 2.4
Feb 2017 4.7 68.9 0.6 3.2 2.1 3.3
Mar 2017 4.1 50.9 0.9 3.4 5.4 3.2
Apr 2017 3.6 36.9 1.0 3.1 4.6 3.0
May 2017 2.3 20.4 0.9 1.4 -0.1 1.6
June 2017 1.4 5.1 1.1 0.6 -3.8 1.0
July 2017 1.2 6.3 0.7 0.9 -1.8 1.1
Aug 2017 2.0 14.4 1.0 2.3 1.7 2.4
Sept 2017 2.7 19.4 1.3 2.8 2.1 2.8
Oct 2017 2.4 12.4 1.4 2.7 3.6 2.6
Nov 2017 3.5 24.8 1.5 3.1 2.1 3.3
Dec 2017 3.2 21.8 1.3 2.8 1.9 2.8
Jan 2018 3.4 18.5 1.9 3.3 1.5 3.5
Feb 2018 3.3 16.0 2.0 3.1 0.7 3.4
Mar 2018 3.3 16.4 1.9 3.4 2.8 3.5
Apr 2018 3.5 21.5 1.7 3.7 1.6 3.9
May 2018 4.5 30.1 1.8 5.0 4.8 4.9
June 2018 4.7 38.5 1.5 5.3 5.3 5.3
July 2018 4.8 41.0 1.4 4.3 -1.9 5.0
Aug 2018 3.8 32.7 0.9 3.6 -1.5 4.1
Sept 2018 3.1 25.6 0.6 2.7 -2.1 3.3
Oct 2018 3.4 29.3 0.6 3.1 -4.1 3.9
Nov 2018 0.7 3.5 0.4 1.8 -1.7 2.2
Dec 2018 -0.9 -13.1 0.6 1.1 2.3 1.0
Jan 2019 -1.5 -12.0 -0.2 -0.2 0.1 -0.2
Feb 2019 -0.7 -1.2 -0.5 0.2 -0.3 0.3
Mar 2019 0.1 8.7 -0.8 0.6 -2.4 0.9
Apr 2019 -0.2 6.5 -0.9 0.2 -2.7 0.5
May 2019 -0.9 3.9 -1.4 -0.9 -5.3 -0.3
June 2019 -2.0 -6.6 -1.4 -1.6 -2.0 -1.5
July 2019 -2.0 -7.2 -1.2 -0.9 3.5 -1.5
Aug 2019 -2.1 -9.2 -1.1 -1.4 0.6 -1.6
Sept 2019 -2.1 -8.3 -1.2 -1.7 0.2 -1.9
Oct 2019 -3.0 -12.7 -1.5 -2.2 2.0 -2.7
Nov 2019 -1.2 1.6 -1.4 -1.3 2.7 -1.7
Dec 2019 0.5 18.6 -1.4 -0.9 -1.2 -0.8
Jan 2020 0.5 13.2 -0.9 0.4 3.1 0.2
Feb 2020 -1.3 -6.6 -0.8 -1.4 -0.1 -1.6
Mar 2020 -4.2 -36.0 -0.6 -3.5 -2.4 -3.7
Apr 2020 -6.8 -56.6 -1.0 -7.0 -4.3 -7.2
May 2020 -6.3 -52.3 -0.7 -6.7 -3.7 -7.0
June 2020 -4.0 -37.5 -0.2 -4.5 -4.5 -4.5
July 2020 -2.8 -28.2 0.0 -3.7 -3.1 -3.8
Aug 2020 -1.4 -22.3 0.8 -2.7 -2.9 -2.6
Sept 2020 -1.3 -26.7 1.4 -1.8 1.4 -2.2
Oct 2020 -1.0 -26.2 1.6 -1.7 3.2 -2.1
Nov 2020 -1.0 -24.6 1.6 -1.0 4.3 -1.6
Dec 2020 -0.3 -20.1 1.9 0.4 5.4 -0.1
Jan 2021 1.0 -12.8 2.6 2.5 9.6 1.6
Feb 2021 3.0 6.4 2.8 5.4 15.9 4.3
Mar 2021 7.1 56.4 3.8 9.6 20.4 8.4
Apr 2021 10.9 130.7 5.2 15.0 25.5 13.7
May 2021 11.6 113.1 6.1 17.6 33.7 15.8
June 2021 11.3 85.3 6.5 16.9 33.4 15.1
July 2021 10.2 65.6 6.3 17.0 29.1 15.6
Aug 2021 9.0 56.1 5.6 16.6 33.2 14.8
Sept 2021 9.3 69.8 5.1 16.3 27.6 15.1
Oct 2021 11.0 90.6 5.6 18.3 24.7 17.6
Nov 2021 11.8 87.0 6.4 18.1 21.9 17.7
Dec 2021 10.3 60.9 6.4 14.9 21.5 14.1
Jan 2022 10.8 58.4 7.0 15.0 18.0 14.6
Feb 2022 11.4 57.9 7.4 16.8 18.2 16.6
Mar 2022 13.0 72.3 7.7 18.4 20.6 18.1
Apr 2022 12.5 70.6 7.2 18.2 21.2 17.8
May 2022 11.6 72.0 5.9 18.6 16.9 18.9
June 2022 10.7 73.2 4.6 18.6 15.3 19.0
July 2022 8.8 56.6 4.1 12.9 13.6 12.9
Aug 2022 7.7 46.4 3.9 11.2 12.0 11.1
Sept 2022 6.1 32.5 3.5 9.8 12.7 9.5
Oct 2022 4.2 16.7 2.9 7.2 10.9 6.8
Nov 2022 2.7 9.4 2.0 6.1 12.8 5.2
Dec 2022 3.2 15.9 1.9 4.6 9.3 3.9
Jan 2023 0.9 2.7 0.6 2.0 5.3 1.5
Feb 2023 -1.1 -12.3 0.2 -0.8 3.1 -1.4
Mar 2023 -4.7 -28.8 -1.5 -5.0 -3.1 -5.2
Apr 2023 -4.9 -26.2 -1.9 -6.0 -3.9 -6.3
May 2023 -5.7 -33.9 -1.6 -10.3 -8.3 -10.7
June 2023 -6.1 -36.8 -1.3 -11.8 -9.6 -12.2
July 2023 -4.8 -31.3 -0.9 -8.1 -6.1 -8.4
Aug 2023 -3.0 -18.2 -0.9 -5.7 -7.4 -5.6
Sept 2023 -1.5 -7.1 -0.8 -4.3 -7.7 -4.1
Oct 2023 -1.8 -8.8 -0.9 -4.7 -8.1 -4.4
Nov 2023 -1.6 -11.1 -0.5 -5.1 -10.7 -4.4
Dec 2023 -2.4 -16.3 -0.8 -2.9 -8.7 -2.1
Jan 2024 -1.3 -10.6 -0.3 -2.4 -9.3 -1.5
Feb 2024 -0.9 -4.3 -0.6 -2.0 -9.3 -1.2
Mar 2024 0.4 5.1 0.1 -1.5 -8.5 -0.7
Apr 2024 1.0 4.4 0.8 -0.8 -9.2 0.2
May 2024 1.3 10.2 0.5 0.6 -6.7 1.6
June 2024 1.6 7.2 1.1 1.0 -4.4 1.6
July 2024 1.7 5.9 1.3 1.2 -6.8 2.1
Aug 2024 0.8 -5.8 1.5 -0.7 -6.7 -0.1
Sept 2024 -0.1 -17.9 2.0 -1.8 -4.9 -1.5
Oct 2024 0.7 -15.4 2.4 0.1 -1.9 0.4
Nov 2024 1.4 -8.7 2.4 0.9 -1.7 1.2
Dec 2024 2.2 0.4 2.3 2.0 -0.7 2.4
Jan 2025 1.7 1.7 1.6 2.8 0.5 3.0
Feb 2025 1.7 2.1 1.7 2.7 0.3 2.9
Mar 2025 0.8 -6.0 1.4 2.5 1.1 2.6
Apr 2025 0.0 -11.9 1.1 1.9 1.8 1.8
May 2025 -0.4 -16.5 1.2 1.9 1.6 1.8
June 2025 -0.6 -14.5 0.7 2.6 1.4 2.8
July 2025 -0.4 -12.2 0.7 2.4 3.2 2.2
Aug 2025 -0.3 -9.8 0.5 3.2 5.0 3.1
Sept 2025 -0.1 -4.2 0.3 3.9 3.7 3.9
Oct 2025 2.0
Nov 2025 -0.1 -6.7 0.5 3.3 2.6 3.3
Dec 2025 0.0 -8.8 0.8 3.4 1.7 3.6
Jan 2026 0.3 -12.5 1.5 2.5 2.0 2.5
Feb 2026 1.0 -11.8 2.2 3.8 2.3 4.0
Mar 2026 2.1 -6.0 2.8 5.6 3.4 5.8

Import fuels and lubricants prices decreased 6.0 percent over the past 12 months. Nonfuel import prices advanced 2.8 percent on a 12-month basis. The March increase was the largest over-the-year advance since the index rose 2.9 percent in October 2022.

Prices for agricultural exports increased 3.4 percent over the past 12 months, as higher prices for soybeans; other foods and food preparations; and meat more than offset lower prices for corn. Nonagricultural commodities export prices advanced 5.8 percent from March 2025 to March 2026.

These data are from the International Price program and are not seasonally adjusted. To learn more, see "U.S. Import and Export Price Indexes — March 2026." Also see charts on U.S. import and export prices. Import price data 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 up 2.1 percent, export prices up 5.6 percent over the year ended March 2026 at https://www.bls.gov/opub/ted/2026/import-prices-up-2-1-percent-export-prices-up-5-6-percent-over-the-year-ended-march-2026.htm (visited April 21, 2026).