U.S. IMPORT AND EXPORT PRICE INDEXES – NOVEMBER 2020 

Prices for U.S. imports ticked up 0.1 percent in November, the U.S. Bureau of Labor Statistics reported 

today, after edging down 0.1 percent in October. Higher fuel prices in November more than offset lower 

nonfuel prices. U.S. export prices also rose in November, increasing 0.6 percent following advances of 0.2 

percent in October and 0.6 percent in September. 

Chart 1. One-month and 12-month percent changes in the Import Price Index: November 2019 – November 2020

Imports 

The price index for U.S. imports increased 0.1 percent in November following a 0.1-percent decline the 

previous month. Import prices advanced 4.4 percent from April to September prior to the downturn in 

October. Despite the recent increases, prices for U.S. imports decreased 1.0 percent from November 2019 to 

November 2020. (See table 1.) 

Coronavirus (COVID-19) Pandemic Impact on November 2020 Import and Export Price Index Data

The Bureau of Labor Statistics did not make changes to either the collection method or estimation 

methodology for the November release of U.S. Import and Export Price Indexes. Survey response rates for 

November were 5.6-percentage points lower than those in November 2019. A small number of indexes that 

are normally published were not published in November. Additional information is available at 

www.bls.gov/covid19/import-export-price-indexes-covid19-impacts-november-2020.htm. 

0.2

0.2 0.2

-0.7

-2.4 -2.6

0.7

1.3 1.2 0.9

0.2

-0.1

0.1

-1.2

0.5 0.5

-1.3

-4.2

-6.8

-6.3

-4.0

-2.8

-1.4 -1.3 -1.0 -1.0

-8.0

-7.0

-6.0

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

Nov'19 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov'20

1-month percent change 12-month percent change

Transmission of material in this release is embargoed until 

8:30 a.m. (ET) Tuesday, December 15, 2020 

Technical information: (202) 691-7101 • MXPinfo@bls.gov • www.bls.gov/mxp 

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

USDL-20-2264
2

Fuel Imports: Prices for import fuel increased 4.3 percent in November following a 0.9-percent decline in 

October and a 4.7-percent drop in September. Higher prices for both natural gas and petroleum contributed 

to the November advance. Natural gas prices increased 49.1 percent, after declining 14.7 percent the 

previous month. The November advance was the largest monthly rise since the index increased 62.4 percent 

in November 2018. The price index for import petroleum advanced 2.1 percent in November following 

declines of 0.1 percent in October and 6.1 percent in September. Despite the November rise, import fuel 

prices fell 24.6 percent over the past year. A 27.0-percent drop in petroleum prices for the year ended in 

November more than offset a 27.5-percent increase in natural gas prices. 

 

All Imports Excluding Fuel: Nonfuel import prices declined 0.3 percent in November, the first time the 

index fell on a monthly basis since a 0.5-percent decrease in April. In November, lower prices for foods, 

feeds, and beverages; nonfuel industrial supplies and materials; and automotive vehicles more than offset 

higher prices for capital goods. Prices for nonfuel imports rose on a 12-month basis, increasing 1.6 percent 

from November 2019 to November 2020. 

 

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 

decreased 0.4 percent in November, after advancing 9.6 percent from May to October. The November 

decline was led by a 9.3-percent drop in selected building materials prices which more than offset higher 

prices for unfinished metals and chemicals. 

Finished Goods: Finished goods prices were mixed in November. The price index for capital goods ticked 

up 0.1 percent, automotive vehicles prices declined 0.1 percent, and prices for consumer goods were 

unchanged. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices declined 2.2 percent in November 

following a 0.1-percent increase in October. In November, the decrease was driven by an 11.0-percent drop 

in fruit prices and an 11.5-percent decline in vegetable prices. 

Table A. Percent change in Import and Export Price Indexes, selected categories 
3

Chart 2. One-month and 12-month percent changes in the Export Price Index: November 2019 – November 2020 

Exports 

Prices for U.S. exports increased 0.6 percent in November and have not recorded a monthly decline since 

decreasing 3.5 percent in April. Higher prices for both agricultural exports and nonagricultural exports 

contributed to the November rise. Despite increases in each of the last 6 months, export prices fell 1.1 

percent from November 2019 to November 2020. (See table 2.) 

Agricultural Exports: Agricultural export prices advanced 3.7 percent in November following increases of 

3.4 percent in October and 2.7 percent in September. The November rise was the largest monthly increase 

since the index advanced 3.8 percent in December 2018. The increase in November was driven by 7.6-

percent advances in prices for both soybeans and corn. Higher prices for dairy products and eggs, 

vegetables, wheat, fruit, meat, and cotton also contributed to the overall advance in November. Prices for 

agricultural exports rose 4.4 percent for the year ended in November, the largest 12-month advance since the 

index increased 5.3 percent in June 2018. 

All Exports Excluding Agriculture: The price index for nonagricultural exports increased 0.3 percent in 

November, after edging down 0.1 percent the previous month. In November, higher prices for 

nonagricultural industrial supplies and materials; automotive vehicles; and nonagricultural foods more than 

offset lower prices for consumer goods and capital goods. Despite the monthly advance, prices for 

nonagricultural exports decreased 1.7 percent for the year ended in November and have not recorded an 

over-the-year increase since January 2020. 

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 

materials advanced 1.3 percent in November following a 0.4-percent drop in October. The November rise 

was led by 1.8-percent increases in fuel prices and chemicals prices. 

Finished Goods: Finished goods prices were mixed in November. Prices for consumer goods decreased 0.8 

percent, the largest decline since the index fell 1.0 percent in January 2017. Capital goods prices fell 0.2 

percent in November, after edging down 0.1 percent the previous month. The November decline was the 

largest since a 0.2-percent drop in October 2019 and was driven by lower prices for industrial and service 

machinery and computers, peripherals, and semiconductors. In contrast, prices for automotive vehicles 

advanced 0.2 percent in November following a 0.3-percent advance in October.

0.1 -0.2

0.6

-1.2 -1.4

-3.5

0.0

1.8

1.0

0.5 0.6 0.2 0.6

-1.3

-0.9

0.4

-1.4

-3.5

-7.0 -6.7

-4.5

-3.7

-2.7

-1.8 -1.6

-1.1

-8.0

-7.0

-6.0

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

Nov'19 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov'20

1-month percent change 12-month percent change
4

Measures of Import and Export Prices by Locality 

Imports by Locality of Origin: Prices for imports from China ticked up 0.1 percent in November 

following no change in each of the previous 2 months. The November advance was driven by higher prices 

for plastics and rubber products. The price index for imports from China rose 0.4 percent over the past year, 

the largest 12-month advance since the index increased 0.4 percent in September 2018. Import prices from 

Japan advanced 0.1 percent in November, after a 0.3-percent rise in October. Prices for imports from Japan 

increased 0.2 percent for the year ended in November. In contrast, import prices from the European Union 

decreased 0.2 percent and prices for imports from Mexico fell 0.9 percent in November. The price index for 

imports from Canada was unchanged in November following a 0.1-percent increase in October and a 0.1-

percent drop in September. (See table 7.) 

Exports by Locality of Destination: Prices for exports to China rose 1.5 percent in November, after 

increasing 0.8 percent the previous month. The November advance was the largest rise since the index 

increased 3.0 percent in June. Export prices to China advanced 2.7 percent from November 2019 to 

November 2020. The price index for exports to Japan advanced 0.2 percent in November and 0.2 percent 

over the past 12 months. Prices for exports to the European Union decreased 0.2 percent in November 

following a 0.4-percent decline in October. Export prices to the European Union also fell over the past year, 

decreasing 1.5 percent. The price index for exports to Canada increased 1.1 percent in November and prices 

for exports to Mexico advanced 0.5 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 with China 

increased 1.4 percent in November following a 0.8-percent rise in October. The November advance was the 

largest monthly increase since the index rose 3.0 percent in June. The U.S. terms of trade with Japan ticked 

up 0.1 percent in November following 3 consecutive 0.7-percent advances in October, September, and 

August. In November, higher export prices to Japan more than offset increasing import prices from Japan. 

The index for U.S. terms of trade with the European Union was unchanged in November, after declining 0.5 

percent in October and September. The U.S. terms of trade with Canada and Mexico each advanced in 

November, rising 1.1 percent and 1.4 percent, respectively. (See table 9.) 

Import and Export Services 

Imports: Import air passenger fares declined 0.3 percent in November, after increasing 3.9 percent in 

October and 4.4 percent in September. In November, higher Asian fares more than offset lower European 

fares. Overall import air passenger fares fell 14.9 percent over the past 12 months. Import air freight prices 

rose 10.6 percent in November following a 4.1-percent advance the previous month. The November 

increase was the largest 1-month rise since a 26.2-percent increase in May and a 39.9-percent advance in 

June. The price index for import air freight increased 69.7 percent over the past year. (See table 10.) 

Exports: Export air passenger fares rose 14.5 percent in November, the largest advance since the index was 

first published on a monthly basis in December 2000. The November advance was driven by a 46.5-percent 

increase in Asian fares. Overall export air passenger fares also increased 14.5 percent from November 2019 

to November 2020, the largest 12-month advance since the index rose 15.6 percent for the year ended 

February 2012. Prices for export air freight increased 3.4 percent in November, after declining 6.7 percent 

the previous month. Despite the November rise, export air freight prices decreased 2.2 percent over the past 

12 months. 

 

U.S. Import and Export Price Index data for December are scheduled for release on Thursday, January 14, 

2021 at 8:30 a.m. (ET). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: November 2019 to

November 2020

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

All commodities................................... 100.000 123.3 123.4 -1.0 0.9 0.2 -0.1 0.1

All imports excluding food and fuels (Dec.

2010=100)........................................ 86.606 100.5 100.4 1.6 0.7 0.6 0.0 -0.1

All imports excluding petroleum.............. 93.357 113.6 113.6 1.6 0.8 0.6 -0.1 0.0

All imports excluding fuels (Dec.

2001=100)........................................ 92.867 117.7 117.4 1.6 0.7 0.5 0.1 -0.3

Foods, feeds, & beverages................... 0 6.261 180.0 176.0 0.2 0.6 1.1 0.1 -2.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.881 196.7 191.2 0.5 0.9 1.3 -0.3 -2.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.380 142.2 142.1 -0.7 -0.3 0.3 1.1 -0.1

Industrial supplies & materials.............. 1 21.898 172.7 174.6 -6.6 3.5 0.1 -0.1 1.1

Industrial supplies & materials excluding

petroleum.................................... 15.397 163.7 165.1 6.8 3.7 3.1 -0.1 0.9

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.783 185.5 184.8 6.3 3.5 2.6 0.3 -0.4

Industrial supplies & materials, durable. . .. 9.680 186.1 184.4 10.5 5.4 3.9 0.1 -0.9

Industrial supplies & materials nondurable

excluding petroleum....................... 5.575 135.7 140.9 1.1 1.1 1.9 -0.5 3.8

Fuels & lubricants............................. 10 7.133 151.5 158.0 -24.6 3.7 -4.7 -0.9 4.3

Petroleum & petroleum products......... 100 6.643 161.1 164.5 -27.0 3.4 -6.1 -0.1 2.1

Crude........................................ 10000 4.470 161.7 167.0 -27.7 2.8 -5.5 -0.1 3.3

Fuels, n.e.s.-coals & gas.................. 101 0.388 107.0 151.8 23.3 10.8 19.8 -12.7 41.9

Gas-natural.................................. 10110 0.331 96.7 144.2 27.5 12.9 23.6 -14.7 49.1

Paper & paper base stocks.................. 11 0.502 108.1 109.1 -2.9 -0.7 -0.5 -0.5 0.9

Materials associated with nondurable

supplies & materials....................... 12 4.583 152.8 153.5 -0.5 0.2 0.6 0.9 0.5

Selected building materials.................. 13 2.017 189.8 172.1 20.5 9.0 10.7 1.6 -9.3

Unfinished metals related to durable

goods........................................ 14 4.000 266.0 271.7 15.6 8.4 3.9 -0.3 2.1

Finished metals related to durable

goods........................................ 15 1.846 160.9 161.2 2.7 0.8 0.6 -0.3 0.2

Nonmetals related to durable goods. . . . . .. 16 1.817 112.9 113.8 0.3 0.7 0.0 -0.1 0.8

Capital goods................................... 2 29.008 88.4 88.5 1.3 0.1 0.1 0.0 0.1

Electric generating equipment............... 20 3.678 121.4 121.5 1.1 0.0 0.2 -0.1 0.1

Nonelectrical machinery...................... 21 22.937 80.3 80.3 1.3 0.1 0.1 0.0 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.393 135.9 136.0 0.3 0.1 0.1 0.2 0.1

Automotive vehicles, parts & engines..... 3 15.875 110.9 110.8 1.0 0.1 0.3 -0.1 -0.1

Consumer goods, excluding

automotives.................................. 4 26.958 106.9 106.9 0.2 0.2 0.0 -0.1 0.0

Nondurables, manufactured................. 40 13.319 124.4 124.3 0.5 0.1 0.1 -0.2 -0.1

Durables, manufactured...................... 41 12.362 90.7 90.8 -0.2 0.2 0.0 -0.1 0.1

Nonmanufactured consumer goods. . . . . . .. 42 1.277 116.4 116.5 0.0 1.0 0.3 -0.1 0.1

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: November 2019 to

November 2020

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

All commodities................................... 100.000 123.1 123.8 -1.1 0.5 0.6 0.2 0.6

Agricultural commodities....................... 9.643 181.9 188.6 4.4 -2.2 2.7 3.4 3.7

All exports excluding food and fuels (Dec.

2010=100)........................................ 82.360 102.7 102.8 1.7 0.7 0.5 0.1 0.1

Nonagricultural commodities.................. 90.357 118.6 118.9 -1.7 0.9 0.3 -0.1 0.3

Foods, feeds, & beverages................... 0 8.973 186.1 192.9 4.4 -2.1 2.7 3.4 3.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.443 185.4 192.5 5.1 -2.3 2.9 3.5 3.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.530 202.3 203.2 -7.0 1.2 1.1 2.6 0.4

Industrial supplies & materials.............. 1 31.261 142.0 143.8 -5.3 2.2 0.7 -0.3 1.3

Industrial supplies & materials, durable. . .. 11.487 181.6 182.7 9.5 4.3 1.3 -0.3 0.6

Industrial supplies & materials,

nondurable.................................. 19.774 125.7 127.8 -12.0 1.0 0.3 -0.2 1.7

Agricultural industrial supplies &

materials..................................... 10 1.201 165.7 170.1 -0.5 -1.9 2.2 2.1 2.7

Nonagricultural industrial supplies &

materials..................................... 30.061 141.2 143.0 -5.4 2.3 0.6 -0.4 1.3

Fuels & lubricants............................. 11 8.667 128.5 130.8 -25.0 1.2 -0.6 -1.8 1.8

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 20.405 163.3 164.9 5.8 3.0 1.1 0.2 1.0

Selected building materials.................. 13 0.989 124.1 125.4 6.5 1.2 1.7 1.5 1.0

Capital goods................................... 2 37.220 111.5 111.3 0.7 0.0 0.0 -0.1 -0.2

Electrical generating equipment............. 20 3.865 120.4 120.6 2.9 -0.2 0.3 -0.1 0.2

Nonelectrical machinery...................... 21 24.128 94.8 94.6 0.1 0.0 -0.1 -0.2 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.227 185.5 185.1 1.3 0.1 0.2 0.1 -0.2

Automotive vehicles, parts & engines..... 3 9.957 114.2 114.4 0.4 0.0 0.0 0.3 0.2

Consumer goods, excluding

automotives.................................. 4 12.588 110.6 109.7 -0.6 0.3 0.7 0.1 -0.8

Nondurables, manufactured................. 40 6.093 108.9 107.9 -0.3 0.4 0.6 0.0 -0.9

Durables, manufactured...................... 41 5.085 108.5 107.4 0.2 0.2 0.9 0.1 -1.0

Nonmanufactured consumer goods (Dec.

2018=100)................................... 42 1.410 93.4 93.5 -5.4 0.4 0.5 0.0 0.1

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected industries: November 2019 to November

2020

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nonmanufacturing................................ 7.127 88.2 89.7 -19.3 2.6 -2.5 -0.6 1.7

Agriculture, forestry, fishing and

hunting........................................ 11 1.976 184.0 172.6 2.7 1.8 2.3 -0.1 -6.2

Crop production............................... 111 1.639 198.8 184.1 4.4 1.8 2.6 -0.5 -7.4

Mining............................................ 21 5.151 75.8 79.4 -24.8 3.0 -4.4 -0.7 4.7

Oil and gas extraction........................ 211 4.891 74.4 78.1 -25.8 3.0 -4.5 -0.8 5.0

Manufacturing..................................... 92.547 111.4 111.3 0.7 0.7 0.4 0.0 -0.1

Manufacturing, part 1......................... 31 11.485 125.7 125.5 0.2 0.2 0.2 0.2 -0.2

Food manufacturing.......................... 311 3.536 153.9 154.6 0.1 0.5 0.5 0.3 0.5

Beverage and tobacco product

manufacturing............................... 312 1.192 129.8 128.3 2.1 1.0 0.0 0.1 -1.2

Textile mills (Dec. 2011=100)............... 313 0.382 101.1 101.1 1.8 -0.1 0.1 -0.8 0.0

Textile product mills.......................... 314 0.942 106.8 106.6 -0.7 -0.4 -0.2 0.8 -0.2

Apparel manufacturing....................... 315 3.779 112.9 112.9 0.4 0.0 0.1 -0.1 0.0

Leather and allied product

manufacturing............................... 316 1.655 124.0 123.0 -0.6 0.0 -0.2 0.1 -0.8

Manufacturing, part 2......................... 32 18.281 123.2 122.1 -2.4 1.4 0.3 0.2 -0.9

Wood product manufacturing (Dec.

2019=100)................................... 321 1.301 162.0 137.8 – 15.8 17.9 2.3 -14.9

Paper manufacturing......................... 322 0.986 105.9 106.6 -1.8 0.0 -0.7 -0.9 0.7

Petroleum and coal products

manufacturing............................... 324 1.999 73.7 73.3 -26.8 4.4 -8.0 0.1 -0.5

Chemical manufacturing..................... 325 10.261 136.9 137.1 -0.6 0.1 0.4 0.1 0.1

Plastics and rubber products

manufacturing............................... 326 2.456 121.9 123.1 3.1 0.7 0.2 0.2 1.0

Nonmetallic mineral product

manufacturing............................... 327 1.084 130.7 131.0 -0.1 -0.2 0.2 0.0 0.2

Manufacturing, part 3......................... 33 62.780 104.6 104.8 1.6 0.6 0.4 -0.1 0.2

Primary metal manufacturing................ 331 4.567 175.2 178.4 14.6 7.1 3.4 -0.4 1.8

Fabricated metal product manufacturing... 332 3.260 126.6 126.8 0.4 0.2 0.3 -0.1 0.2

Machinery manufacturing.................... 333 7.857 120.1 120.3 1.3 0.0 0.3 0.1 0.2

Computer and electronic product

manufacturing............................... 334 17.155 71.7 71.7 0.0 0.0 -0.1 -0.1 0.0

Electrical equipment, appliance, and

component manufacturing................. 335 5.550 117.8 117.9 0.9 -0.1 0.1 -0.1 0.1

Transportation equipment manufacturing... 336 16.953 110.2 110.1 1.2 0.3 0.4 -0.1 -0.1

Furniture and related product

manufacturing............................... 337 1.906 114.8 114.9 -0.6 0.1 -0.1 0.0 0.1

Miscellaneous manufacturing............... 339 5.533 119.9 120.2 1.3 0.9 0.6 -0.1 0.3

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected industries: November 2019 to November

2020

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nonmanufacturing................................ 9.182 114.6 119.8 -7.2 0.5 1.3 2.0 4.5

Agriculture, forestry, fishing and

hunting........................................ 11 4.870 155.8 163.6 6.4 -2.8 5.7 5.6 5.0

Crop production............................... 111 4.520 163.9 172.3 7.2 -3.2 5.9 5.5 5.1

Mining............................................ 21 4.312 61.2 63.8 -18.7 3.9 -2.8 -2.1 4.2

Mining (except oil and gas).................. 212 1.094 87.5 89.0 -14.5 3.2 -0.3 -4.1 1.7

Manufacturing..................................... 89.352 115.2 115.3 -0.9 0.4 0.4 0.0 0.1

Manufacturing, part 1......................... 31 6.813 140.4 143.0 1.5 -0.9 0.2 1.1 1.9

Food manufacturing.......................... 311 4.650 157.6 161.6 1.3 -1.3 0.1 1.2 2.5

Beverage and tobacco product

manufacturing............................... 312 0.674 127.2 127.8 5.1 -0.9 1.1 2.1 0.5

Manufacturing, part 2......................... 32 23.078 104.7 105.0 -7.3 0.5 0.9 0.0 0.3

Wood product manufacturing (Dec.

2017=100)................................... 321 0.506 102.3 103.6 10.1 1.2 2.2 2.2 1.3

Paper manufacturing......................... 322 1.510 118.1 118.0 -1.6 -0.3 0.3 0.1 -0.1

Petroleum and coal products

manufacturing............................... 324 4.308 75.1 74.3 -30.8 -0.3 1.3 -1.4 -1.1

Chemical manufacturing..................... 325 13.406 117.2 118.2 0.7 0.9 1.0 0.6 0.9

Plastics and rubber products

manufacturing............................... 326 2.311 115.5 115.4 -1.6 0.0 -0.4 -1.1 -0.1

Nonmetallic mineral product

manufacturing............................... 327 0.832 116.5 116.4 -1.0 -0.6 -0.3 -0.5 -0.1

Manufacturing, part 3......................... 33 59.461 117.2 117.0 1.7 0.7 0.2 -0.1 -0.2

Primary metal manufacturing................ 331 4.871 179.3 181.5 18.8 8.2 0.5 -0.8 1.2

Fabricated metal product manufacturing... 332 3.141 151.4 150.1 0.8 0.2 0.6 0.1 -0.9

Machinery manufacturing.................... 333 9.977 130.9 130.1 0.0 0.0 0.5 0.1 -0.6

Computer and electronic product

manufacturing............................... 334 13.923 82.1 81.6 0.0 -0.1 -0.2 -0.2 -0.6

Electrical equipment, appliance, and

component manufacturing................. 335 3.859 118.6 118.9 1.3 0.0 0.3 0.0 0.3

Transportation equipment manufacturing... 336 17.885 129.9 129.9 0.9 0.1 0.1 0.2 0.0

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.412 126.8 126.9 3.6 0.0 0.1 1.6 0.1

Miscellaneous manufacturing............... 339 5.394 119.0 119.0 -1.1 0.2 1.0 -0.1 0.0

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: November 2019 to

November 2020

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Live animals; animal products................. I 1.343 191.2 190.1 -3.2 0.7 0.4 0.6 -0.6

Meat and edible meat offal..................... 02 0.383 268.8 266.7 -1.5 2.1 0.4 -0.9 -0.8

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.698 132.7 131.7 -4.5 -0.7 0.5 2.6 -0.8

Vegetable products............................... II 2.014 219.4 204.2 4.5 1.8 2.3 -0.2 -6.9

Edible vegetables, roots, and tubers.......... 07 0.503 529.8 457.9 -2.6 5.3 1.2 1.7 -13.6

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.659 111.4 98.5 0.8 -0.1 5.9 -2.0 -11.6

Coffee, tea, mate and spices.................. 09 0.345 219.6 221.4 7.8 0.5 0.9 -1.7 0.8

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.262 91.2 100.6 17.2 3.2 1.2 1.2 10.3

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.033 169.6 168.7 0.8 0.4 0.4 0.1 -0.5

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.205 100.0 99.8 1.1 -0.3 1.0 0.0 -0.2

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.366 168.6 168.5 -1.9 0.0 0.2 -0.1 -0.1

Beverages, spirits, and vinegar................ 22 1.134 140.0 139.7 2.8 0.1 0.1 0.0 -0.2

Mineral products.................................. V 7.275 154.4 161.1 -23.4 3.5 -4.7 -0.9 4.3

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 6.923 149.8 156.7 -24.4 3.6 -4.9 -1.0 4.6

Products of the chemical or allied

industries........................................ VI 9.603 154.7 155.0 -0.8 0.1 0.3 -0.1 0.2

Inorganic chemicals............................. 28 0.454 267.3 272.8 -7.8 -0.3 0.2 -0.1 2.1

Organic chemicals............................... 29 2.120 123.1 123.9 -1.1 0.5 0.4 0.7 0.6

Pharmaceutical products....................... 30 4.966 154.5 154.4 0.0 -0.1 0.1 -0.5 -0.1

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.618 101.6 101.3 -1.9 -0.5 -0.2 -0.8 -0.3

Miscellaneous chemical products............. 38 0.602 102.1 102.4 0.3 0.3 0.6 0.7 0.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.839 145.7 147.7 5.5 1.2 1.0 0.8 1.4

Plastics and articles thereof.................... 39 2.527 145.2 146.5 2.8 1.0 0.6 0.4 0.9

Rubber and articles thereof.................... 40 1.312 148.9 152.3 11.0 1.5 1.7 1.5 2.3

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.624 124.4 124.5 0.3 0.0 0.0 0.1 0.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.597 131.1 131.2 0.3 0.0 -0.1 0.0 0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.340 235.1 201.9 40.1 15.7 17.5 2.6 -14.1

Wood and articles of wood; wood charcoal

(Dec. 2019=100).............................. 44 1.316 164.0 140.4 – 16.1 17.9 2.7 -14.4

Woodpulp, recovered paper, and paper

products......................................... X 1.011 110.7 111.7 -2.6 -0.7 -0.4 -0.7 0.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.689 103.3 103.7 -4.2 -1.0 -0.9 -0.7 0.4

Textile and textile articles....................... XI 4.898 114.5 114.4 0.2 0.0 0.0 0.0 -0.1

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 1.980 105.0 104.7 -0.6 -0.1 -0.1 0.2 -0.3

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.644 122.3 122.5 1.7 0.0 0.2 -0.4 0.2

Made-up or worn textile articles............... 63 0.640 100.8 100.3 -1.2 0.0 -0.5 1.1 -0.5

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: November 2019 to

November 2020 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.393 124.4 123.2 0.0 -0.2 0.0 -0.1 -1.0

Footwear and parts of such articles........... 64 1.166 122.9 121.4 -0.7 -0.1 -0.1 0.1 -1.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.972 131.5 131.5 -0.7 0.0 0.0 -0.1 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.293 222.1 223.4 16.1 8.9 2.4 -1.7 0.6

Base metals and articles of base metals. . .. XV 5.611 171.4 173.6 2.1 1.6 1.6 0.0 1.3

Iron and steel.................................... 72 1.118 199.1 201.1 0.1 2.1 2.6 1.8 1.0

Articles of iron or steel.......................... 73 1.695 146.6 147.2 0.3 -0.1 0.5 0.1 0.4

Copper and articles thereof.................... 74 0.477 303.7 308.2 14.2 4.1 2.3 0.8 1.5

Aluminum and articles thereof................. 76 0.950 132.4 136.8 7.2 3.4 2.2 0.2 3.3

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.464 122.4 122.5 -0.3 -0.2 -0.1 -0.2 0.1

Miscellaneous articles of base metal. . . . . . . .. 83 0.534 133.5 133.5 -1.2 -0.4 0.0 0.5 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 30.787 79.0 79.0 0.4 0.1 0.0 -0.1 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 15.715 85.0 85.0 1.1 0.1 0.0 -0.1 0.0

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 15.071 73.3 73.4 -0.1 -0.1 0.1 -0.1 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.021 114.8 114.7 1.3 0.2 0.3 0.0 -0.1

Motor vehicles and their parts................. 87 12.888 114.1 113.9 1.4 0.2 0.4 0.0 -0.2

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 4.133 102.3 102.3 0.7 0.1 0.2 0.0 0.0

Optical, photographic, measuring and

medical instruments.......................... 90 3.861 98.5 98.5 0.4 0.1 0.2 0.0 0.0

Miscellaneous manufactured articles......... XX 4.472 110.9 110.7 -0.6 -0.1 0.1 -0.1 -0.2

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.819 116.7 116.6 -0.3 -0.1 0.1 0.0 -0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.383 101.2 101.0 -1.3 0.0 0.1 -0.5 -0.2

Miscellaneous manufactured articles. . . . . . . .. 96 0.271 126.6 126.6 -0.4 0.0 -0.1 -0.1 0.0

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: November 2019 to

November 2020

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Live animals; animal products................. I 1.957 211.0 216.4 0.4 -2.1 -1.0 3.1 2.6

Meat & edible meat offal (Dec. 2006=100)... 02 1.185 166.3 167.8 1.1 -0.4 1.4 1.5 0.9

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.324 108.3 109.1 -9.5 1.3 1.4 3.3 0.7

Vegetable products............................... II 4.524 204.8 217.1 9.1 -3.3 5.9 5.5 6.0

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.900 124.6 126.5 -11.4 -0.2 4.1 -0.7 1.5

Cereals............................................ 10 1.502 203.2 216.6 11.2 -5.3 8.4 6.2 6.6

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.647 211.9 228.0 16.6 0.3 5.8 3.8 7.6

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.106 154.9 157.3 1.2 -2.0 1.8 1.0 1.5

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2019=100). . . .. 20 0.326 96.6 96.0 – 0.0 0.2 0.5 -0.6

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.595 99.8 100.3 0.1 0.3 0.4 0.2 0.5

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.577 108.7 108.7 -3.6 -8.2 5.4 0.0 0.0

Residues and waste from the food

industries; prepared animal feed............ 23 0.752 225.1 238.2 10.6 -1.4 2.8 4.6 5.8

Mineral products.................................. V 8.649 155.6 158.5 -24.5 2.2 -0.8 -1.8 1.9

Ores, slag and ash (Dec. 2012=100)......... 26 0.426 100.2 100.2 1.2 9.6 3.8 -1.3 0.0

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 8.026 146.1 149.1 -25.9 1.9 -1.0 -1.8 2.1

Products of the chemical or allied

industries........................................ VI 11.113 138.0 138.6 0.9 0.7 0.8 0.7 0.4

Inorganic chemicals............................. 28 0.684 132.8 132.7 -9.7 0.0 0.4 -4.1 -0.1

Organic chemicals............................... 29 2.583 142.8 149.1 7.8 2.9 2.3 3.9 4.4

Pharmaceutical products....................... 30 3.248 109.5 107.6 -0.1 0.8 0.8 0.1 -1.7

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.525 101.9 101.2 -4.3 -4.3 0.7 -0.1 -0.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.875 128.1 128.1 -1.7 0.2 0.0 0.0 0.0

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.500 125.9 125.6 0.5 -0.1 0.0 0.0 -0.2

Miscellaneous chemical products............. 38 2.027 156.4 156.7 0.3 -0.1 -0.1 -0.2 0.2

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.152 140.4 142.4 0.8 1.5 0.6 0.4 1.4

Plastics and articles thereof.................... 39 4.268 137.5 139.9 1.4 1.7 1.2 0.4 1.7

Rubber and articles thereof.................... 40 0.885 150.6 150.8 -1.5 0.3 -1.6 0.3 0.1

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.619 100.7 102.4 11.1 1.0 2.0 2.0 1.7

Woodpulp, recovered paper, and paper

products......................................... X 1.810 121.6 121.8 2.7 0.3 0.7 -1.6 0.2

Woodpulp and recovered paper (Dec.

2019=100)..................................... 47 0.483 113.6 114.5 – 1.3 0.8 -6.3 0.8

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.034 122.8 122.6 -1.5 -0.2 0.6 0.3 -0.2

Textile and textile articles....................... XI 1.687 118.4 119.1 0.0 -0.6 1.0 0.3 0.6

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.456 112.7 115.4 -0.8 -2.3 2.9 1.3 2.4

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.830 129.0 128.8 1.2 0.7 0.2 0.3 -0.2

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: November 2019 to

November 2020 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Glass and glassware (Dec. 2019=100)....... 70 0.472 99.3 99.1 – -0.1 -0.2 0.0 -0.2

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 5.358 303.0 304.2 16.0 7.5 1.3 -0.6 0.4

Base metals and articles of base metals. . .. XV 4.794 160.8 162.3 4.8 1.2 2.5 0.8 0.9

Copper and articles thereof.................... 74 0.555 193.4 200.8 15.3 4.4 2.5 0.0 3.8

Aluminum and articles thereof................. 76 0.744 105.6 108.5 10.2 3.9 5.4 2.3 2.7

Miscellaneous articles of base metal. . . . . . . .. 83 0.351 157.8 158.5 3.2 0.2 0.4 0.5 0.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.852 98.1 97.7 0.4 -0.1 0.1 -0.1 -0.4

Machinery and mechanical appliances;

parts thereof................................... 84 17.149 115.7 115.2 -0.3 -0.1 0.0 -0.1 -0.4

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.703 79.1 78.8 1.3 0.0 0.0 0.0 -0.4

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.549 137.9 137.9 0.7 0.1 0.0 0.1 0.0

Motor vehicles and their parts................. 87 8.117 116.1 116.2 0.1 0.1 0.0 0.1 0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.112 110.4 110.5 0.0 0.0 0.0 -0.1 0.1

Miscellaneous manufactured articles......... XX 1.369 114.0 113.9 1.2 -0.4 -0.4 0.6 -0.1

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.771 134.2 134.3 2.8 0.0 0.2 0.8 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.439 87.0 87.0 -1.5 -1.7 -1.3 0.3 0.0

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: November 2019 to November 2020

[2000=100, unless otherwise noted]

Description

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Industrialized Countries2

.................... 100.000 125.7 125.6 -1.0 2.4 0.1 -0.2 -0.1

Nonmanufacturing........................... 8.646 140.8 146.9 -19.9 3.9 -6.0 1.3 4.3

Manufacturing................................ 90.751 123.7 123.0 1.2 2.3 0.6 -0.3 -0.6

Canada.......................................... 100.000 133.6 133.6 -3.8 5.0 -0.1 0.1 0.0

Nonmanufacturing........................... 24.979 137.1 143.4 -20.2 4.1 -6.3 1.1 4.6

Manufacturing................................ 74.010 136.3 134.2 3.3 5.3 1.9 -0.3 -1.5

European Union............................... 100.000 139.3 139.0 1.5 0.4 0.9 0.1 -0.2

Manufacturing................................ 98.997 135.4 135.1 1.4 0.4 0.8 0.1 -0.2

France (Dec. 2003=100)...................... 100.000 129.4 129.1 1.1 0.3 0.5 -0.1 -0.2

Germany (Dec. 2003=100)................... 100.000 114.2 114.1 1.4 0.5 1.1 -0.3 -0.1

United Kingdom (Dec. 2003=100).......... 100.000 121.9 122.0 -0.2 0.4 1.2 0.4 0.1

Latin America3

................................. 100.000 143.9 143.6 -0.6 1.3 -0.4 -0.5 -0.2

Nonmanufacturing........................... 12.748 213.8 205.3 -16.7 3.4 0.3 -3.4 -4.0

Manufacturing................................ 86.963 120.7 121.1 2.1 1.0 -0.6 0.0 0.3

Mexico (Dec. 2003=100)...................... 100.000 128.2 127.1 1.3 1.0 0.0 -0.2 -0.9

Nonmanufacturing (Dec. 2008=100). . . . .. 7.299 122.5 108.6 -13.6 3.9 7.1 -3.5 -11.3

Manufacturing (Dec. 2008=100)........... 92.416 89.0 89.0 2.5 0.9 -0.6 0.0 0.0

Pacific Rim (Dec. 2003=100)4............... 100.000 98.0 98.1 0.6 0.1 0.1 0.0 0.1

China (Dec. 2003=100)....................... 100.000 98.3 98.4 0.4 0.1 0.0 0.0 0.1

Japan............................................ 100.000 97.0 97.1 0.2 0.0 0.1 0.3 0.1

Taiwan (Dec. 2018=100)...................... 100.000 97.7 98.3 -0.4 -0.2 0.1 0.0 0.6

Asian NICs5

..................................... 100.000 86.2 85.9 -0.9 0.2 -0.1 -0.1 -0.3

ASEAN (Dec. 2003=100)6

.................... 100.000 98.0 98.5 1.5 0.4 0.3 0.2 0.5

Asia Near East (Dec. 2003=100)7

........... 100.000 150.2 152.8 -14.6 0.1 -0.4 0.4 1.7

1 Relative importance figures are based on 2018 trade values.

2 Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.

3 Mexico, Central America, South America, and the Caribbean.

4 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized

Countries.

5 Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.

6 Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.

7 Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, and Yemen.

NOTES: Data may be revised in each of the 3 months after original publication.

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. export price indexes and percent changes by locality of destination: November 2019 to November

2020

[December 2017=100, unless otherwise noted]

Description

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Industrialized Countries2

.................... 100.000 103.0 103.5 0.4 1.0 0.6 0.2 0.5

Nonmanufacturing........................... 9.022 91.1 95.8 -9.2 0.3 1.1 2.2 5.2

Manufacturing................................ 89.484 104.4 104.4 1.3 0.9 0.6 -0.1 0.0

Canada.......................................... 100.000 103.8 104.9 0.1 0.9 0.9 0.6 1.1

European Union............................... 100.000 103.1 102.9 -1.5 0.5 0.4 -0.4 -0.2

Nonmanufacturing........................... 7.933 81.3 84.2 -15.6 -1.0 0.0 0.7 3.6

Manufacturing................................ 90.616 105.2 104.7 -0.2 0.6 0.4 -0.6 -0.5

Germany........................................ 100.000 107.5 106.5 2.0 1.2 0.4 -0.4 -0.9

Latin America3

................................. 100.000 96.1 96.7 -3.8 -0.2 0.2 0.7 0.6

Nonmanufacturing........................... 7.675 103.7 110.1 4.4 -2.8 3.2 3.7 6.2

Manufacturing................................ 91.768 95.5 95.6 -4.5 -0.2 0.1 0.5 0.1

Mexico........................................... 100.000 97.4 97.9 -2.3 0.1 0.5 1.0 0.5

Nonmanufacturing........................... 6.031 99.7 107.3 7.3 -3.6 4.7 4.5 7.6

Manufacturing................................ 93.315 97.1 97.2 -3.0 0.4 0.2 0.8 0.1

Pacific Rim4

.................................... 100.000 99.1 100.0 0.6 0.7 0.3 0.6 0.9

Nonmanufacturing........................... 13.263 85.7 87.9 -8.5 1.2 0.8 1.9 2.6

Manufacturing................................ 84.823 101.7 102.3 1.7 0.6 0.2 0.3 0.6

China............................................ 100.000 98.4 99.9 2.7 1.0 -0.2 0.8 1.5

Nonmanufacturing........................... 11.174 80.4 83.2 -12.3 3.2 -3.2 2.3 3.5

Manufacturing................................ 86.667 103.2 104.6 4.7 0.7 0.1 1.1 1.4

Japan............................................ 100.000 100.5 100.7 0.2 0.7 0.8 1.1 0.2

Nonmanufacturing........................... 18.059 85.7 89.4 -8.4 1.0 2.2 3.1 4.3

Manufacturing................................ 79.854 103.1 102.4 1.9 0.5 0.3 0.6 -0.7

1 Relative importance figures are based on 2018 trade values.

2 Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.

3 Mexico, Central America, South America, and the Caribbean.

4 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized

Countries.

NOTES: Data may be revised in each of the 3 months after original publication.

Regions are not mutually exclusive.

Dash = Not available

14
Table 9. U.S. terms of trade indexes and percent changes by locality: November 2019 to November 20201

[December 2017=100, unless otherwise noted]

Description

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Industrialized Countries2

............................ 100.3 100.9 1.5 -1.5 0.5 0.4 0.6

Canada.................................................. 102.1 103.2 4.1 -4.0 1.1 0.5 1.1

European Union...................................... 99.6 99.6 -3.0 0.1 -0.5 -0.5 0.0

Germany................................................ 108.3 107.4 0.6 0.6 -0.6 -0.2 -0.8

Latin America3

........................................ 99.4 100.3 -3.2 -1.5 0.6 1.2 0.9

Mexico.................................................. 98.0 99.4 -3.5 -0.9 0.5 1.2 1.4

Pacific Rim4............................................ 99.5 100.3 0.0 0.6 0.2 0.6 0.8

China.................................................... 100.2 101.6 2.2 0.9 -0.2 0.8 1.4

Japan.................................................... 98.9 99.0 0.0 0.7 0.7 0.7 0.1

1 Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.

2 Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.

3 Mexico, Central America, South America, and the Caribbean.

4 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized

Countries.

NOTES: Data may be revised in each of the 3 months after original publication.

Regions are not mutually exclusive.

Dash = Not available

15
Table 10. U.S. international price indexes and percent changes for selected transportation services: November

2019 to November 2020

[2000=100, unless otherwise noted]

Description

Relative

importance

Oct.

20201

Index Percent change

Oct.

2020

Nov.

2020

Annual Monthly

Nov.

2019 to

Nov.

2020

Jul.

2020 to

Aug.

2020

Aug.

2020 to

Sep.

2020

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Air Freight

Import Air Freight.................................... 100.000 274.7 303.7 69.7 2.2 -2.9 4.1 10.6

Europe (Dec. 2003=100).......................... 29.502 239.7 240.9 68.0 1.6 -3.6 10.9 0.5

Asia.................................................. 62.097 270.7 316.3 85.7 2.9 -2.9 1.8 16.8

Export Air Freight................................... 100.000 153.8 159.0 -2.2 1.1 -2.9 -6.7 3.4

Europe (Dec. 2006=100).......................... 29.170 131.8 139.9 -7.5 0.2 -2.5 -11.6 6.1

Inbound Air Freight................................. 100.000 215.1 229.8 40.2 1.7 -5.1 3.0 6.8

Europe (Dec. 2003=100).......................... 28.226 170.3 168.9 28.7 0.7 -7.9 8.3 -0.8

Asia.................................................. 61.677 211.7 236.0 54.6 2.4 -4.5 1.3 11.5

Outbound Air Freight............................... 100.000 137.4 144.2 -1.4 -0.1 -4.3 -4.6 4.9

Europe (Dec. 2003=100).......................... 31.981 145.4 157.1 0.4 0.1 -2.9 -15.2 8.0

Asia.................................................. 46.334 131.8 136.1 -2.6 -1.2 -6.4 4.0 3.3

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 151.8 151.4 -14.9 0.1 4.4 3.9 -0.3

Europe............................................... 38.829 150.2 145.5 -30.1 -2.4 9.9 3.6 -3.1

Asia.................................................. 33.046 173.0 182.3 41.9 8.9 4.8 3.9 5.4

Latin America/Caribbean.......................... 7.113 118.7 117.7 -26.3 -9.5 -0.5 7.8 -0.8

Export Air Passenger Fares....................... 100.000 147.9 169.4 14.5 3.1 5.9 -4.0 14.5

Europe............................................... 25.019 159.8 181.0 -4.2 -7.5 1.4 2.4 13.3

Asia.................................................. 29.039 148.7 217.8 65.4 17.5 16.9 -21.0 46.5

Latin America/Caribbean.......................... 25.775 154.9 144.9 -5.2 -3.7 -1.8 11.2 -6.5

1 Relative importance figures are based on 2018 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.

Dash = Not available

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17 

TECHNICAL NOTE

Import and Export Goods and Services Price Indexes - All indexes use a modified Laspeyres 

formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the 

weights. Published series use a base year of 2000=100 where possible. More detailed index series and 

additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101. 

Merchandise Goods Classification Systems - The merchandise price indexes are published using three 

classification systems. Items are classified by end use according to the Bureau of Economic Analysis 

Classification System, by industry according to the North American Industry Classification System 

(NAICS), and by product category according to the Harmonized System (HS). While classification by 

end use and product category are self-explanatory, some notes are in order for classifying items by 

industry. In the NAICS imports and exports tables, items are classified by output industry, not input 

industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) 

includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS 

classification structure also matches the classification system used by the Producer Price Index (PPI) to 

produce the NAICS primary products indexes.

Import Price Goods Indexes - Items are classified by the Harmonized Tariff Schedule of the United 

States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The 

prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) 

U.S. port transaction prices, depending on the practices of the individual industry. The index for crude 

petroleum is calculated from data collected by the U.S. Department of Energy. 

Export Price Goods Indexes - Items are classified by the Harmonized Schedule B classification system 

of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) 

factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual 

industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of 

Agriculture. 

Services Price Indexes - Indexes for import and export air passenger fares calculate changes in the 

average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 

foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 

sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 

the import and export air passenger fares indexes. Import air passenger fares data have used the airline 

consulting service source since September 2008. Before April 2018, the export air passenger fares data 

were collected directly by BLS from U.S. airlines. The air freight indexes are calculated from data 

collected directly from airlines. These data exclude mail and passenger baggage. The scope of the 

service being priced is the movement of freight from airport to airport only, and does not include any 

ground transportation or port service. The air freight indexes are presented using two definitions: 

balance of payments (which represents transactions between U.S. and foreign residents) and 

international (which represents transactions inbound to and outbound from the United States.) Fact 

sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 

under "MXP Publications." 
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Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data 

collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 

beginning with January 2002, are based on the North American Industry Classification System (NAICS) 

covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 

manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 

collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 

based on the North American Industry Classification System (NAICS) covering goods-producing 

industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are 

defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 

import prices for a specific country, region, or grouping. The indexes are calculated as one country, 

region, or grouping’s all-export goods price index divided by the corresponding all-import goods price 

index on a scale of 100. 

 

Relative Importance - A relative importance is a specific index’s price-updated value share (expressed 

as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 

affected by the trade weights at the point indexes are reweighted and index changes relative to other 

indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 

relative importance will increase as well. 

Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data 

may be revised in each of the 3 months after original publication. After 3 months, no further data 

revisions take place. For example, data first published in the January release will be subject to revision 

in the releases for February, March, and April. 

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 

percent changes are then derived from the rounded index values and subsequently rounded to the tenth 

decimal place. 

Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade 

sector of the National Income and Product Accounts (NIPA) constructed by the Department of 

Commerce. Other published indexes are useful for general market analysis. For trade in international 

services, balance of payments indexes are used for deflating NIPA, while international indexes are more 

appropriate for market analysis. 

Email Subscription - The U.S. import and export price indexes news release is available through an 

email subscription service at www.bls.gov/bls/list.htm. 

 

Additional Information - More detailed data are available on the Import/Export Price Indexes home 

page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 

mxpinfo@bls.gov. 

Information from this release will be made available to sensory impaired individuals upon request. 

Voice phone: (202)-691-5200; Federal Relay Service: 1-(800)-877-8339.