U.S. IMPORT AND EXPORT PRICE INDEXES – NOVEMBER 2018 

U.S. import prices declined 1.6 percent in November, the U.S. Bureau of Labor Statistics reported today, 

following a 0.5-percent rise the previous month. The November drop was primarily led by lower fuel prices. 

The price index for U.S. exports fell 0.9 percent in November, after advancing 0.5 percent in October. 

Chart 1. One-month and 12-month percent changes in the Import Price Index: November 2017 – November 2018

Imports 

Prices for U.S. imports decreased 1.6 percent in November, the largest monthly decline since a 1.8-percent 

drop in August 2015. Despite the November drop, import prices increased 0.7 percent over the past 12 

months, the smallest over-the-year advance since the index increased 0.2 percent from November 2015 to 

November 2016. (See table 1.) 

Fuel Imports: Import fuel prices decreased 11.0 percent in November following a 3.2-percent rise the 

previous month. The November drop was the largest 1-month decline since the index fell 15.6 percent in 

January 2016. A 12.1-percent decrease in petroleum prices led the November decline in fuel prices and was 

the largest monthly drop since petroleum prices fell 17.2 percent in January 2016. The November decline in 

petroleum prices more than offset a 12.8-percent advance in natural gas prices that followed a 22.3-percent 

increase for that index in October. Despite the decrease in November, fuel prices rose 4.6 percent over the 

past year. The price index for petroleum increased 4.4 percent for the year ended in November, and natural 

gas prices advanced 11.6 percent over the same period.

1.0

0.2

0.8

0.2

-0.2

0.5

0.9

0.0

-0.1

-0.4

0.0

0.5

-1.6

3.5 3.2 3.4 3.3 3.3 3.5

4.5 4.7 4.8

3.8

3.0 3.3

0.7

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Nov'17 Dec Jan Feb Mar Apr May Jun July Aug Sep Oct Nov'18

1-month percent change 12-month percent change

Transmission of material in this release is embargoed until 

8:30 a.m. (EST) Thursday, December 13, 2018 

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

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

USDL-18-1940
2

All Imports Excluding Fuel: Prices for nonfuel imports fell 0.3 percent in November, after ticking up 0.1 

percent in October. Lower foods, feeds, and beverages prices were the largest factor for the November 

decline in nonfuel prices, although prices for nonfuel industrial supplies and materials and capital goods also 

decreased. The price index for nonfuel imports increased 0.3 percent over the past 12 months, driven by 

higher prices for nonfuel industrial supplies and materials; consumer goods; and automotive vehicles. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 0.4 percent 

in November, after recording no change the previous month. The decline was led by a 0.7-percent drop in 

unfinished metals prices and a 1.4-percent drop in prices for selected building materials.

Finished Goods: Finished goods prices recorded little movement in November. The price index for capital 

goods edged down 0.1 percent and prices for consumer goods and automotive vehicles each recorded no 

change. 

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages declined 2.2 percent in November 

following advances of 2.2 percent in October and 2.0 percent in September. The November downturn was 

led by a 10.8-percent drop in fruit prices. 

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

Chart 2. One-month and 12-month percent change in the Export Price Index: November 2017 – November 2018 

Exports 

Prices for U.S. exports declined 0.9 percent in November, the largest 1-month decrease since the index fell 

0.9 percent in January 2016 and 1.1 percent in December 2015. Lower nonagricultural prices in November 

more than offset rising agricultural prices. Despite the November decline, U.S. export prices increased 1.8 

percent over the past year. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 1.8 percent in November, after falling 

0.2 percent in October and 1.2 percent in September. The November advance was the largest increase since 

the index rose 3.2 percent in March. Higher prices for fruit, soybeans, and corn all contributed to the 

November increase in agricultural prices. Despite the November increase, agricultural export prices declined 

1.7 percent from November 2017 to November 2018. A 10.7-percent drop in soybeans prices and a 12.3-

percent decline in nut prices over the past year were the primary factors for the decrease in overall 

agricultural prices. 

 

All Exports Excluding Agriculture: Nonagricultural export prices fell 1.0 percent in November following 

a 0.5-percent increase the previous month and a 0.2-percent advance in September. The November drop was 

the largest monthly decrease since the index declined 1.1 percent in December 2015. Lower nonagricultural 

industrial supplies and materials prices led the November decrease in nonagricultural export prices, with 

falling prices for consumer goods and automotive vehicles also contributing to the decline. Despite the 

decline in November, prices for nonagricultural exports increased 2.2 percent over the past 12 months. 

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

materials decreased 3.1 percent in November, the largest 1-month decline since the index fell 3.1 percent in 

December 2015. The November drop was driven by an 8.6-percent decrease in export fuel prices.

Finished Goods: Finished goods prices were mostly down in November. The price indexes for consumer 

goods and automotive vehicles each edged down 0.1 percent. Prices for capital goods recorded no change in 

November and in each of the previous 2 months, though the index rose 1.5 percent for the year ended in 

November and has not fallen on a monthly basis since a 0.1-percent decline in October 2016. 

0.5

0.1

0.7

0.2 0.4 0.5

0.7

0.2

-0.5 -0.1

0.0

0.5

-0.9

3.1 2.8

3.3 3.1 3.4 3.7

5.0 5.3

4.3

3.6

2.7

3.1

1.8

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

Nov'17 Dec Jan Feb Mar Apr May Jun July Aug Sep Oct Nov'18

1-month percent change 12-month percent change
4

Measures of Import and Export Prices by Locality 

Imports by Locality of Origin: The price index for imports from China edged down 0.1 percent in 

November, after falling 0.3 percent the previous month. A decrease in the computer and electronic product 

manufacturing price index was a primary contributor to both the November and October declines. Prices for 

imports from China have not recorded a monthly rise since ticking up 0.1 percent in May and fell 0.3 

percent for the year ended in November. Import prices from Japan decreased 0.1 percent in November 

following a 0.1-percent increase in October. The price index for imports from Japan rose 1.2 percent over 

the past year. In November, prices for imports from Canada declined 3.4 percent, from Mexico 1.4 percent, 

and from the European Union 0.5 percent. Lower petroleum prices in November contributed to the declines 

in each of the indexes. (See table 7.) 

Exports by Locality of Destination: Prices for exports to China edged down 0.1 percent in November 

following a 0.8-percent advance in October and a 1.7-percent decline in September. The price index for 

exports to Japan recorded no change in November, after a 0.2-percent advance and a 0.3-percent decrease in 

the previous 2 months. Export prices to Canada rose 0.3 percent in November. The price index for exports 

to Canada has not recorded a monthly decline since July. Prices for exports to the European Union fell 0.4 

percent in November, after rising 0.4 percent in October. Export prices to Mexico decreased 1.3 percent in 

November following a 1.1-percent increase the previous month. The November declines for the price 

indexes for exports to the European Union and Mexico were both the largest 1-month drops since the 

indexes were first published in December 2017. (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 

recorded no change in November as both export prices to China and import prices from China fell 0.1 

percent for the month. The index for U.S. terms of trade with Japan ticked up 0.1 percent for the second 

consecutive month, after edging down 0.1 percent in September. The U.S. terms of trade with Canada rose 

3.9 percent in November, the largest 1-month change since the index was first published in December 2017. 

The indexes for U.S. terms of trade with the European Union and Mexico rose 0.2 percent and 0.1 percent, 

respectively. (See table 9.) 

Import and Export Services 

Imports: Import air passenger fares advanced 0.7 percent for the second consecutive month in November. 

Those increases followed a 10.7-percent increase in September. Higher European and Latin 

American/Caribbean fares each contributed to the November rise. The index for import air passenger fares 

also advanced 0.7 percent over the past 12 months. Import air freight prices rose 1.2 percent in November, 

after increasing 2.4 percent the previous month. Prices for import air freight advanced 4.7 percent over the 

past year. (See table 10.)

Exports: The index for export air passenger fares ticked up 0.1 percent in November, after falling 8.0 

percent for the 3 months ended in October. Export air passenger fares fell 3.3 percent over the past year, 

matching the largest 12-month decline since a 5.8-percent drop in December 2017. Export air freight prices 

declined 0.3 percent in November, the largest 1-month decrease since the index fell 6.2 percent in December 

2017. Prices for export air freight declined 3.1 percent for the year ended in November. 

 

Import and Export Price Index data for December are scheduled for release on Wednesday, January 16, 2019 

at 8:30 a.m. (EST). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: November 2017 to

November 2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

All commodities................................... 100.000 128.2 126.2 0.7 -0.4 0.0 0.5 -1.6

All imports excluding food and fuels (Dec.

2010=100)........................................ 81.967 100.2 100.0 0.4 -0.3 -0.1 0.0 -0.2

All imports excluding petroleum.............. 88.561 113.4 113.1 0.4 -0.3 0.1 0.2 -0.3

All imports excluding fuels (Dec.

2001=100)........................................ 88.052 117.5 117.1 0.3 -0.2 0.0 0.1 -0.3

Foods, feeds, & beverages................... 0 6.085 183.6 179.6 -1.7 0.5 2.0 2.2 -2.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.794 202.1 196.4 -2.5 0.7 2.3 2.9 -2.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.291 141.8 141.9 1.4 -0.1 0.8 -0.2 0.1

Industrial supplies & materials.............. 1 26.106 199.8 189.3 3.2 -1.4 -0.3 1.4 -5.3

Industrial supplies & materials excluding

petroleum.................................... 14.877 156.9 157.0 2.5 -1.0 -0.5 0.5 0.1

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.146 178.6 177.9 2.1 -1.0 -0.4 0.0 -0.4

Industrial supplies & materials, durable. . .. 8.895 167.9 166.9 0.7 -1.4 -0.9 -0.4 -0.6

Industrial supplies & materials nondurable

excluding petroleum....................... 5.771 143.2 144.5 5.1 -0.3 0.0 2.0 0.9

Fuels & lubricants............................. 10 11.948 234.5 208.7 4.6 -2.1 -0.1 3.2 -11.0

Petroleum & petroleum products......... 100 11.439 258.4 227.1 4.4 -2.1 0.0 2.7 -12.1

Crude........................................ 10000 8.183 270.5 230.5 2.8 -3.1 0.1 2.5 -14.8

Fuels, n.e.s.-coals & gas.................. 101 0.509 99.8 108.7 10.5 -3.0 -1.8 15.6 8.9

Gas-natural.................................. 10110 0.357 81.8 92.3 11.6 -5.0 -2.6 22.3 12.8

Paper & paper base stocks.................. 11 0.595 122.9 123.2 12.8 1.2 0.2 0.3 0.2

Materials associated with nondurable

supplies & materials....................... 12 4.730 163.8 163.7 3.6 -0.2 0.2 0.9 -0.1

Selected building materials.................. 13 1.533 145.2 143.1 -6.3 -2.6 -1.7 -4.9 -1.4

Unfinished metals related to durable

goods........................................ 14 3.836 233.5 231.8 1.8 -2.0 -1.4 1.3 -0.7

Finished metals related to durable

goods........................................ 15 1.784 160.7 160.3 2.0 -1.2 0.0 -0.1 -0.2

Nonmetals related to durable goods. . . . . .. 16 1.680 114.1 114.2 3.5 0.6 0.3 -0.5 0.1

Capital goods................................... 2 26.345 89.2 89.1 -0.2 -0.1 -0.1 0.0 -0.1

Electric generating equipment............... 20 3.207 117.9 117.9 0.6 0.1 0.0 -0.2 0.0

Nonelectrical machinery...................... 21 20.930 81.7 81.5 -0.4 -0.1 0.0 0.0 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.208 134.6 134.6 -0.1 0.0 -0.1 0.0 0.0

Automotive vehicles, parts & engines..... 3 15.647 110.5 110.5 0.3 0.0 0.1 0.0 0.0

Consumer goods, excluding

automotives.................................. 4 25.818 107.2 107.2 0.4 -0.1 0.0 -0.3 0.0

Nondurables, manufactured................. 40 12.737 123.2 123.0 1.3 -0.1 0.0 -0.3 -0.2

Durables, manufactured...................... 41 11.801 92.4 92.4 -0.6 -0.1 -0.1 -0.1 0.0

Nonmanufactured consumer goods. . . . . . .. 42 1.280 115.1 115.6 0.9 1.0 0.3 -0.2 0.4

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

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: November 2017 to

November 2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

All commodities................................... 100.000 127.9 126.8 1.8 -0.1 0.0 0.5 -0.9

Agricultural commodities....................... 9.419 173.0 176.1 -1.7 0.4 -1.2 -0.2 1.8

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.247 101.5 101.4 1.4 -0.2 -0.1 0.1 -0.1

Nonagricultural commodities.................. 90.581 124.4 123.1 2.2 -0.2 0.2 0.5 -1.0

Foods, feeds, & beverages................... 0 8.848 175.4 178.8 -1.4 0.6 -1.3 0.2 1.9

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.213 173.1 176.8 -1.9 0.5 -1.4 0.2 2.1

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.635 216.5 217.2 6.5 0.9 1.1 -0.1 0.3

Industrial supplies & materials.............. 1 32.383 165.8 160.8 4.0 -0.5 0.2 1.4 -3.0

Industrial supplies & materials, durable. . .. 10.097 162.3 162.5 0.2 -2.3 -0.6 0.1 0.1

Industrial supplies & materials,

nondurable.................................. 22.285 167.7 160.2 5.8 0.3 0.6 2.0 -4.5

Agricultural industrial supplies &

materials..................................... 10 1.206 178.1 177.8 0.5 -0.2 0.1 -2.4 -0.2

Nonagricultural industrial supplies &

materials...................................... 31.177 165.5 160.3 4.1 -0.6 0.3 1.5 -3.1

Fuels & lubricants............................. 11 10.905 219.0 200.1 7.9 0.5 1.4 4.1 -8.6

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.279 159.4 159.1 2.5 -1.1 -0.3 0.3 -0.2

Selected building materials.................. 13 0.993 121.7 121.3 -2.1 -1.2 -0.5 -1.1 -0.3

Capital goods................................... 2 36.374 110.1 110.1 1.5 0.2 0.0 0.0 0.0

Electrical generating equipment............. 20 3.868 117.1 117.2 1.4 0.9 -0.2 -0.5 0.1

Nonelectrical machinery...................... 21 23.393 95.1 95.0 0.8 0.1 0.0 0.1 -0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.113 177.1 177.2 3.2 0.1 0.2 0.1 0.1

Automotive vehicles, parts & engines..... 3 10.008 114.2 114.1 0.7 0.0 0.1 0.0 -0.1

Consumer goods, excluding

automotives.................................. 4 12.387 109.8 109.7 0.4 0.0 0.0 0.0 -0.1

Nondurables, manufactured................. 40 6.043 106.7 106.5 1.0 0.0 0.1 0.2 -0.2

Durables, manufactured...................... 41 4.919 107.2 107.3 -0.4 -0.1 -0.1 -0.3 0.1

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

6
Table 3. U.S. import price indexes and percent changes for selected industries: November 2017 to November

2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Nonmanufacturing................................ 10.705 123.8 109.5 1.4 -2.2 1.0 3.8 -11.6

Agriculture, forestry, fishing and

hunting........................................ 11 2.058 189.7 179.9 -4.7 2.2 5.9 6.2 -5.2

Crop production............................... 111 1.680 205.3 192.1 -6.2 2.4 7.5 7.5 -6.4

Animal production (Dec. 2014=100)........ 112 0.193 78.5 79.0 4.6 0.7 -0.5 2.9 0.6

Mining............................................ 21 8.647 117.4 102.0 3.0 -3.2 0.0 3.3 -13.1

Oil and gas extraction........................ 211 8.411 117.8 101.9 3.0 -3.3 0.0 3.3 -13.5

Manufacturing..................................... 89.023 112.3 111.9 0.8 -0.2 -0.1 0.1 -0.4

Manufacturing, part 1......................... 31 11.212 125.0 124.7 0.2 0.0 0.1 0.0 -0.2

Food manufacturing.......................... 311 3.354 155.8 154.9 -0.9 -0.1 0.2 0.1 -0.6

Beverage and tobacco product

manufacturing............................... 312 1.095 122.1 122.2 2.3 0.1 -0.1 0.2 0.1

Textile mills (Dec. 2011=100)............... 313 0.379 100.1 99.7 0.1 0.0 0.2 -0.1 -0.4

Textile product mills.......................... 314 0.907 109.1 109.1 -0.1 0.3 -0.5 0.0 0.0

Apparel manufacturing....................... 315 3.825 111.9 111.8 0.9 0.0 0.3 0.0 -0.1

Leather and allied product

manufacturing............................... 316 1.652 123.1 122.9 0.1 0.0 -0.2 -0.2 -0.2

Manufacturing, part 2......................... 32 18.460 129.2 127.8 3.3 0.0 -0.2 0.0 -1.1

Wood product manufacturing................ 321 0.915 124.2 119.3 -12.2 -3.8 -2.5 -8.1 -3.9

Paper manufacturing......................... 322 1.079 116.0 115.6 9.1 1.8 -0.1 0.2 -0.3

Printing and related support activities

(Dec. 2016=100)........................... 323 0.219 106.4 104.6 5.8 0.6 1.0 0.0 -1.7

Petroleum and coal products

manufacturing............................... 324 2.926 107.8 102.2 9.5 1.0 -0.4 3.1 -5.2

Chemical manufacturing..................... 325 10.158 141.5 141.4 3.2 0.0 0.0 -0.1 -0.1

Plastics and rubber products

manufacturing............................... 326 2.178 119.7 120.3 1.8 -0.1 -0.1 0.2 0.5

Nonmetallic mineral product

manufacturing............................... 327 0.985 131.2 130.8 1.6 -0.2 0.1 -0.1 -0.3

Manufacturing, part 3......................... 33 59.350 104.5 104.4 0.1 -0.3 -0.1 0.1 -0.1

Primary metal manufacturing................ 331 4.388 155.4 154.4 2.4 -2.1 -1.0 1.2 -0.6

Fabricated metal product manufacturing... 332 3.069 127.5 127.3 1.0 -0.2 0.1 -0.3 -0.2

Machinery manufacturing.................... 333 6.705 118.6 118.5 0.7 0.0 -0.1 0.1 -0.1

Computer and electronic product

manufacturing............................... 334 16.681 74.7 74.5 -1.6 -0.1 -0.1 -0.1 -0.3

Electrical equipment, appliance, and

component manufacturing................. 335 4.864 116.1 116.1 0.6 0.1 -0.1 0.0 0.0

Transportation equipment manufacturing... 336 16.610 109.6 109.5 0.2 -0.1 0.1 0.1 -0.1

Furniture and related product

manufacturing............................... 337 1.764 117.5 117.5 1.5 0.3 0.0 0.0 0.0

Miscellaneous manufacturing............... 339 5.270 118.6 118.6 0.9 -0.3 0.0 0.3 0.0

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

7
Table 4. U.S. export price indexes and percent changes for selected industries: November 2017 to November

2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Nonmanufacturing................................ 8.239 137.2 135.8 -1.3 1.4 -0.8 -0.1 -1.0

Agriculture, forestry, fishing and

hunting........................................ 11 4.732 145.2 149.1 -3.6 1.6 -2.9 -0.3 2.7

Crop production............................... 111 4.372 151.0 155.8 -2.8 2.0 -3.2 -0.1 3.2

Mining............................................ 21 3.507 97.3 91.5 2.0 1.2 2.2 0.0 -6.0

Mining (except oil and gas).................. 212 1.146 114.3 114.9 6.3 -2.2 0.6 0.5 0.5

Manufacturing..................................... 90.262 118.0 117.0 2.4 -0.1 0.1 0.5 -0.8

Manufacturing, part 1......................... 31 6.841 139.6 139.9 0.6 -0.5 0.5 -0.2 0.2

Food manufacturing.......................... 311 4.633 156.1 156.8 -0.7 -0.7 0.1 -0.3 0.4

Beverage and tobacco product

manufacturing............................... 312 0.696 122.3 122.0 5.7 -1.1 2.8 -0.6 -0.2

Textile mills (Dec. 2016=100)............... 313 0.639 105.1 104.7 3.5 0.4 -0.4 -0.3 -0.4

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.255 93.0 93.1 -3.3 -0.3 0.2 -0.1 0.1

Manufacturing, part 2......................... 32 26.219 122.0 118.4 5.1 -0.1 0.3 1.7 -3.0

Wood product manufacturing (Dec.

2017=100)................................... 321 0.524 101.2 101.9 – -0.7 -0.7 -1.5 0.7

Paper manufacturing......................... 322 1.717 132.9 132.9 6.6 -0.2 0.5 0.3 0.0

Petroleum and coal products

manufacturing............................... 324 7.378 131.5 118.8 10.5 -0.6 1.1 5.8 -9.7

Chemical manufacturing..................... 325 13.315 120.5 119.7 3.2 0.2 0.0 0.3 -0.7

Plastics and rubber products

manufacturing............................... 326 2.221 115.9 115.9 1.6 0.1 -0.2 0.0 0.0

Nonmetallic mineral product

manufacturing............................... 327 0.824 116.9 117.6 2.6 0.0 0.3 -0.2 0.6

Manufacturing, part 3......................... 33 57.202 114.1 114.1 1.4 -0.1 0.1 0.0 0.0

Primary metal manufacturing................ 331 3.797 141.7 142.5 1.8 -2.1 -0.1 0.0 0.6

Fabricated metal product manufacturing... 332 3.050 142.2 142.2 3.2 0.0 0.1 0.6 0.0

Machinery manufacturing.................... 333 8.946 128.2 128.3 2.3 0.3 0.0 0.4 0.1

Computer and electronic product

manufacturing............................... 334 13.828 83.0 82.9 -0.5 -0.1 0.1 -0.5 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.828 117.9 117.9 1.9 0.6 -0.1 -0.3 0.0

Transportation equipment manufacturing... 336 18.034 127.2 127.2 1.9 0.1 0.1 0.0 0.0

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.402 120.7 120.7 2.4 0.0 0.0 0.0 0.0

Miscellaneous manufacturing............... 339 5.316 120.4 120.3 0.7 0.0 -0.1 0.1 -0.1

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

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: November 2017 to

November 2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Live animals; animal products................. I 1.360 194.4 194.8 1.9 0.4 -0.3 0.8 0.2

Meat and edible meat offal..................... 02 0.373 241.8 241.6 -1.3 -0.2 -2.4 0.7 -0.1

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.730 142.2 141.5 2.4 -0.2 1.9 0.3 -0.5

Vegetable products............................... II 2.052 226.0 211.3 -7.0 3.0 6.7 7.3 -6.5

Edible vegetables, roots, and tubers.......... 07 0.532 552.3 504.3 -5.0 0.0 5.9 43.8 -8.7

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.856 132.1 116.7 -12.5 4.8 14.7 -2.4 -11.7

Coffee, tea, mate and spices.................. 09 0.317 204.3 208.1 -6.3 -1.0 -3.6 1.4 1.9

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.248 95.4 92.2 -21.5 -1.1 -0.2 -2.3 -3.4

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.764 165.6 165.9 2.5 -0.2 0.2 -0.4 0.2

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.193 87.9 88.6 2.3 -0.3 0.7 -0.2 0.8

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.199 96.7 97.6 2.1 -3.2 2.0 -1.7 0.9

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.373 174.9 174.9 2.0 0.7 0.9 0.2 0.0

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.206 103.0 103.0 – 0.1 0.0 -0.3 0.0

Beverages, spirits, and vinegar................ 22 1.036 132.4 132.5 2.6 0.0 0.0 0.3 0.1

Mineral products.................................. V 11.747 234.6 208.8 4.9 -2.1 -0.1 3.1 -11.0

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 11.490 232.6 206.3 4.9 -2.1 -0.1 3.2 -11.3

Products of the chemical or allied

industries........................................ VI 9.499 159.3 159.3 3.9 -0.2 0.2 -0.2 0.0

Inorganic chemicals............................. 28 0.654 334.0 342.7 21.5 -0.4 3.5 2.3 2.6

Organic chemicals............................... 29 2.399 132.1 131.2 3.2 -0.2 0.2 -1.0 -0.7

Pharmaceutical products....................... 30 4.446 152.2 151.9 2.5 -0.3 -0.2 -0.7 -0.2

Fertilizers (Dec. 2009=100).................... 31 0.286 89.8 91.1 12.5 2.6 -0.5 7.5 1.4

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.181 106.7 106.2 0.8 -0.9 -1.2 -0.2 -0.5

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.578 103.7 103.5 0.9 0.4 0.3 0.3 -0.2

Miscellaneous chemical products............. 38 0.634 107.1 107.1 1.3 -0.4 0.1 0.1 0.0

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.385 141.5 141.6 0.8 0.3 -0.2 0.1 0.1

Plastics and articles thereof.................... 39 2.241 145.4 145.8 1.7 0.4 -0.1 0.4 0.3

Rubber and articles thereof.................... 40 1.144 136.1 135.5 -1.0 0.0 -0.4 -0.3 -0.4

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.627 124.9 125.0 0.6 -0.1 -0.6 0.0 0.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.595 130.9 131.1 1.2 -0.1 -0.4 0.0 0.2

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.948 151.9 146.1 -11.6 -3.7 -2.3 -7.9 -3.8

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.925 104.7 100.5 -11.8 -3.7 -2.3 -8.0 -4.0

Woodpulp, recovered paper, and paper

products......................................... X 1.128 121.4 121.1 8.9 0.9 -0.1 0.1 -0.2

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.736 111.3 110.9 7.6 0.7 -0.4 0.3 -0.4

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: November 2017 to

November 2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Printed matter (Dec. 2015=100)............... 49 0.213 111.1 109.9 4.8 0.4 0.1 -0.7 -1.1

Textile and textile articles....................... XI 4.964 114.5 114.3 1.0 0.0 0.2 0.0 -0.2

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.000 104.5 104.4 0.9 -0.1 0.4 0.1 -0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.694 120.2 120.0 1.4 0.2 0.2 -0.1 -0.2

Made-up or worn textile articles............... 63 0.635 104.2 104.1 0.3 0.4 -0.1 0.0 -0.1

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.365 122.1 122.0 0.1 0.0 -0.1 -0.2 -0.1

Footwear and parts of such articles........... 64 1.142 121.0 120.8 -0.2 0.0 -0.1 -0.2 -0.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.919 132.2 131.8 0.7 -0.2 0.2 0.0 -0.3

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.330 99.7 98.4 1.2 -0.7 0.1 -0.1 -1.3

Ceramic products................................ 69 0.254 135.2 136.1 -0.3 0.0 0.0 0.1 0.7

Glass and glassware............................ 70 0.335 132.4 132.4 1.0 0.2 0.2 0.1 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.951 168.7 170.5 -0.9 -1.6 -0.7 0.8 1.1

Base metals and articles of base metals. . .. XV 5.563 180.8 179.1 2.2 -1.1 -0.7 0.5 -0.9

Iron and steel.................................... 72 1.353 230.8 229.3 12.2 -1.1 0.0 0.1 -0.6

Articles of iron or steel.......................... 73 1.584 151.6 151.3 1.5 -0.3 -0.1 -0.6 -0.2

Copper and articles thereof.................... 74 0.393 286.0 282.3 -6.0 -4.7 -3.1 5.6 -1.3

Aluminum and articles thereof................. 76 0.937 139.1 135.5 -1.5 -1.4 -0.9 0.7 -2.6

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.416 123.5 123.5 1.3 0.0 0.3 0.2 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.509 136.8 136.8 -0.7 0.0 -0.1 -0.1 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.456 80.3 80.1 -0.6 0.0 0.0 -0.1 -0.2

Machinery and mechanical appliances;

parts thereof................................... 84 13.966 86.7 86.5 -0.1 -0.1 -0.1 0.0 -0.2

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.490 74.2 74.2 -1.1 0.0 0.0 -0.3 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.842 114.3 114.3 0.4 -0.1 0.0 0.1 0.0

Motor vehicles and their parts................. 87 12.661 113.4 113.3 0.4 -0.1 0.0 0.1 -0.1

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.092 115.0 115.1 -0.7 -0.1 -0.2 -0.1 0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.810 102.5 102.3 0.6 -0.3 0.0 0.3 -0.2

Optical, photographic, measuring and

medical instruments.......................... 90 3.523 99.1 98.9 0.7 -0.2 -0.1 0.4 -0.2

Clocks and watches and parts thereof. . . . . .. 91 0.227 143.4 141.6 -1.6 -0.3 0.4 0.8 -1.3

Miscellaneous manufactured articles......... XX 4.284 112.9 112.9 1.3 0.3 0.1 0.1 0.0

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.697 118.6 118.7 1.3 0.3 0.1 0.0 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.305 103.4 103.3 1.9 0.3 0.2 0.2 -0.1

Miscellaneous manufactured articles. . . . . . . .. 96 0.282 130.0 130.0 0.2 -0.1 0.0 0.4 0.0

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

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: November 2017 to

November 2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Live animals; animal products................. I 1.919 208.5 208.5 0.8 -0.9 0.1 0.3 0.0

Meat & edible meat offal (Dec. 2006=100)... 02 1.129 160.9 160.7 -2.4 -1.8 -1.1 0.1 -0.1

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.419 119.5 120.3 7.2 0.6 0.9 0.2 0.7

Dairy products, eggs and honey (Dec.

2017=100)..................................... 04 0.297 109.2 108.7 – 0.9 4.2 1.8 -0.5

Vegetable products............................... II 4.417 184.3 190.6 -2.6 1.6 -2.5 0.4 3.4

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.796 129.2 137.5 -7.3 -3.0 0.2 -1.5 6.4

Cereals............................................ 10 1.399 190.9 192.4 6.9 5.0 -3.2 0.2 0.8

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.676 179.1 183.1 -8.5 2.4 -6.9 0.2 2.2

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.043 151.2 152.1 1.9 0.1 0.2 -0.1 0.6

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.339 116.2 116.9 -0.3 0.1 -0.5 0.0 0.6

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.565 97.6 96.7 – 1.7 0.3 -0.2 -0.9

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.515 106.5 105.1 -3.8 -0.5 -2.7 0.3 -1.3

Residues and waste from the food

industries; prepared animal feed............ 23 0.707 211.6 219.6 10.0 -1.9 1.1 -2.1 3.8

Mineral products.................................. V 11.227 261.1 239.7 7.8 0.0 1.4 3.8 -8.2

Ores, slag and ash (Dec. 2012=100)......... 26 0.478 95.4 96.6 -8.1 -7.3 -2.4 0.0 1.3

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.569 254.2 232.0 8.8 0.4 1.6 4.1 -8.7

Products of the chemical or allied

industries........................................ VI 10.754 139.7 139.1 2.7 0.1 0.1 0.1 -0.4

Inorganic chemicals............................. 28 0.651 147.6 147.2 -7.2 -3.0 -0.7 -2.9 -0.3

Organic chemicals............................... 29 2.625 150.3 148.7 9.3 0.6 0.8 0.5 -1.1

Pharmaceutical products....................... 30 3.172 106.6 106.3 1.2 -0.1 -0.1 0.1 -0.3

Fertilizers (Dec. 2016=100).................... 31 0.278 131.1 132.8 24.1 1.6 3.9 2.7 1.3

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.528 102.5 100.6 -1.3 0.0 -0.2 0.1 -1.9

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.803 130.7 130.7 -1.5 0.1 0.0 -0.2 0.0

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.496 121.5 121.8 -4.0 0.5 -0.1 1.4 0.2

Miscellaneous chemical products............. 38 1.819 154.5 154.1 4.8 0.1 0.1 0.3 -0.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.187 145.6 144.9 3.2 -0.1 -0.1 0.3 -0.5

Plastics and articles thereof.................... 39 4.304 142.1 141.7 3.4 -0.2 -0.1 0.4 -0.3

Rubber and articles thereof.................... 40 0.883 159.3 157.0 2.1 0.5 -0.1 0.0 -1.4

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.642 100.4 99.8 -4.5 -2.0 -1.4 -2.4 -0.6

Woodpulp, recovered paper, and paper

products......................................... X 2.134 137.2 138.1 7.6 -0.4 -0.9 2.8 0.7

Woodpulp and recovered paper............... 47 0.696 152.7 155.4 14.8 -1.7 -2.3 8.1 1.8

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.102 130.0 130.2 4.7 0.1 -0.2 0.3 0.2

Printed material (Dec. 2014=100)............. 49 0.335 108.4 108.4 3.1 0.0 -0.2 0.5 0.0

Textile and textile articles....................... XI 1.670 124.7 124.8 3.9 1.2 -0.2 -1.0 0.1

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: November 2017 to

November 2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.433 129.3 130.5 4.1 2.3 -3.7 -4.2 0.9

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.799 124.3 124.8 1.1 0.0 0.2 0.0 0.4

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.269 102.6 103.8 2.5 0.0 0.5 0.0 1.2

Glass and glassware............................ 70 0.407 99.3 99.3 0.4 -0.1 0.0 0.1 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.933 232.0 234.1 -0.6 -1.3 -0.7 0.7 0.9

Base metals and articles of base metals. . .. XV 4.843 159.7 159.3 1.7 -2.4 -0.2 0.0 -0.3

Iron and steel.................................... 72 1.101 178.6 178.1 11.4 -3.7 1.7 0.0 -0.3

Copper and articles thereof.................... 74 0.517 183.9 181.4 -7.3 -5.2 -3.4 2.4 -1.4

Aluminum and articles thereof................. 76 0.883 110.8 111.0 -6.7 -5.3 -1.6 -1.2 0.2

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.313 100.0 100.0 0.5 0.0 0.0 0.0 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.341 152.9 152.9 3.2 0.0 -0.1 0.0 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.384 97.8 97.7 1.1 0.1 0.0 0.0 -0.1

Machinery and mechanical appliances;

parts thereof................................... 84 15.750 115.5 115.5 1.6 0.0 0.1 0.2 0.0

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.633 78.6 78.6 0.8 0.4 0.0 -0.5 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.217 135.7 135.7 1.9 0.1 0.1 0.1 0.0

Motor vehicles and their parts................. 87 8.234 116.5 116.4 1.0 0.0 0.1 0.1 -0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.881 108.9 108.8 1.0 0.1 -0.2 -0.5 -0.1

Miscellaneous manufactured articles......... XX 1.389 112.8 112.8 0.5 0.1 0.0 0.0 0.0

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.814 129.9 129.9 1.3 0.0 -0.1 0.0 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.414 87.6 87.6 -1.4 0.2 0.0 0.0 0.0

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

12
Table 7. U.S. import price indexes and percent changes by locality of origin: November 2017 to November 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Industrialized Countries2

.................... 100.000 124.6 122.8 0.8 -0.6 -0.7 0.2 -1.4

Nonmanufacturing........................... 8.974 157.4 140.1 -7.1 -2.9 -5.8 1.2 -11.0

Manufacturing................................ 90.520 121.4 120.8 1.6 -0.2 -0.2 0.1 -0.5

Canada.......................................... 100.000 133.9 129.3 -0.8 -1.2 -1.8 0.4 -3.4

Nonmanufacturing........................... 23.956 149.7 133.2 -7.6 -3.0 -6.3 1.2 -11.0

Manufacturing................................ 75.184 133.2 131.7 1.1 -0.5 -0.3 0.0 -1.1

European Union............................... 100.000 137.2 136.5 1.7 -0.1 -0.1 0.1 -0.5

Manufacturing................................ 98.957 133.7 133.0 1.6 0.0 -0.1 0.1 -0.5

France (Dec. 2003=100)...................... 100.000 128.7 127.5 1.3 0.0 -0.2 0.2 -0.9

Germany (Dec. 2003=100)................... 100.000 111.9 111.8 -3.0 0.1 -0.1 0.0 -0.1

United Kingdom (Dec. 2003=100).......... 100.000 122.3 120.3 1.1 -0.3 -0.2 0.7 -1.6

Latin America3

................................. 100.000 154.2 150.7 1.5 -0.7 1.1 1.1 -2.3

Nonmanufacturing........................... 21.056 302.7 270.1 6.9 -1.6 5.7 5.2 -10.8

Manufacturing................................ 78.679 122.3 122.3 0.3 -0.4 -0.1 0.1 0.0

Mexico (Dec. 2003=100)...................... 100.000 130.7 128.9 0.2 0.1 0.9 0.8 -1.4

Nonmanufacturing (Dec. 2008=100). . . . .. 10.842 168.2 146.1 9.8 1.0 11.2 6.8 -13.1

Manufacturing (Dec. 2008=100)........... 88.909 88.1 88.2 -0.8 -0.1 -0.1 0.0 0.1

Pacific Rim (Dec. 2003=100)4

............... 100.000 99.0 98.8 0.4 -0.1 -0.1 -0.1 -0.2

China (Dec. 2003=100)....................... 100.000 99.9 99.8 -0.3 -0.2 0.0 -0.3 -0.1

Japan............................................ 100.000 96.7 96.6 1.2 0.0 -0.1 0.1 -0.1

Asian NICs5

..................................... 100.000 89.0 88.8 1.8 -0.3 -0.2 0.2 -0.2

ASEAN (Dec. 2003=100)6

.................... 100.000 98.2 97.9 -0.1 0.0 -0.1 -0.5 -0.3

Asia Near East (Dec. 2003=100)7

........... 100.000 201.9 180.8 6.4 -0.3 2.9 2.2 -10.5

1 Relative importance figures are based on 2016 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 2017 to November

2018

[December 2017=100, unless otherwise noted]

Description

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Industrialized Countries2

.................... 100.000 102.7 102.7 – 0.0 0.2 0.1 0.0

Nonmanufacturing........................... 6.494 99.6 104.5 – 0.8 1.7 -1.7 4.9

Manufacturing................................ 92.306 103.0 102.7 – 0.0 0.1 0.2 -0.3

Canada.......................................... 100.000 104.7 105.0 – 0.1 0.4 0.4 0.3

European Union............................... 100.000 103.8 103.4 – -0.1 0.1 0.4 -0.4

Nonmanufacturing........................... 4.724 98.4 100.3 – 0.9 0.0 -3.3 1.9

Manufacturing................................ 94.294 104.1 103.7 – -0.1 0.1 0.5 -0.4

Germany........................................ 100.000 101.0 101.2 – -0.4 -0.4 0.2 0.2

Latin America3

................................. 100.000 105.2 103.4 – 0.0 0.2 1.3 -1.7

Nonmanufacturing........................... 6.448 107.0 108.3 – 2.3 -0.9 2.1 1.2

Manufacturing................................ 93.187 105.0 103.0 – -0.2 0.4 1.1 -1.9

Mexico........................................... 100.000 103.8 102.4 – 0.0 0.0 1.1 -1.3

Nonmanufacturing........................... 6.206 104.7 106.3 – 1.5 -0.9 1.6 1.5

Manufacturing................................ 93.364 103.7 102.1 – -0.1 0.1 1.0 -1.5

Pacific Rim4

.................................... 100.000 99.9 100.1 – -0.4 -0.7 0.2 0.2

Nonmanufacturing........................... 11.215 90.3 91.8 – 0.7 -4.7 -2.1 1.7

Manufacturing................................ 86.316 101.3 101.3 – -0.4 0.1 0.3 0.0

China............................................ 100.000 98.9 98.8 – -0.2 -1.7 0.8 -0.1

Nonmanufacturing........................... 17.652 89.7 91.8 – 1.8 -6.4 0.6 2.3

Manufacturing................................ 77.808 101.0 100.2 – -0.2 -0.2 0.4 -0.8

Japan............................................ 100.000 100.7 100.7 – 0.1 -0.3 0.2 0.0

Nonmanufacturing........................... 14.861 99.0 100.2 – 1.4 -1.6 0.4 1.2

Manufacturing................................ 84.191 101.0 100.8 – -0.1 0.0 0.1 -0.2

1 Relative importance figures are based on 2016 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 2017 to November 20181

[December 2017=100, unless otherwise noted]

Description

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Industrialized Countries2

............................ 100.9 102.4 – 0.5 1.0 -0.1 1.5

Canada.................................................. 102.7 106.7 – 1.3 2.2 0.0 3.9

European Union...................................... 101.8 102.0 – -0.1 0.3 0.2 0.2

Germany................................................ 103.9 104.2 – -0.5 -0.3 0.2 0.3

Latin America3

........................................ 101.6 102.2 – 0.6 -0.9 0.2 0.6

Mexico.................................................. 102.4 102.5 – -0.1 -0.9 0.3 0.1

Pacific Rim4

............................................ 99.3 99.7 – -0.3 -0.6 0.3 0.4

China................................................... . 99.1 99.1 – 0.0 -1.7 1.1 0.0

Japan.................................................... 99.5 99.6 – 0.0 -0.1 0.1 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

2017 to November 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Oct.

20181

Index Percent change

Oct.

2018

Nov.

2018

Annual Monthly

Nov.

2017 to

Nov.

2018

July

2018 to

Aug.

2018

Aug.

2018 to

Sept.

2018

Sept.

2018 to

Oct.

2018

Oct.

2018 to

Nov.

2018

Air Freight

Import Air Freight.................................... 100.000 193.4 195.7 4.7 -0.4 0.8 2.4 1.2

Europe (Dec. 2003=100).......................... 23.591 150.4 149.2 3.7 -0.3 -1.1 3.2 -0.8

Asia.................................................. 64.585 189.0 193.3 5.5 -0.6 1.8 2.6 2.3

Export Air Freight................................... 100.000 165.2 164.7 -3.1 -0.2 0.4 0.5 -0.3

Europe (Dec. 2006=100).......................... 32.785 149.1 147.6 -1.7 -0.1 0.8 -0.1 -1.0

Inbound Air Freight................................. 100.000 175.6 177.8 4.1 -0.6 1.1 1.7 1.3

Europe (Dec. 2003=100).......................... 25.371 137.5 137.0 7.6 -0.7 -0.1 1.4 -0.4

Asia.................................................. 59.797 168.1 172.2 1.0 -0.7 1.9 2.2 2.4

Outbound Air Freight............................... 100.000 144.3 146.4 2.8 3.3 -2.8 -0.6 1.5

Europe (Dec. 2003=100).......................... 33.251 149.7 149.4 1.3 0.1 0.6 0.5 -0.2

Asia.................................................. 43.343 140.3 144.9 5.9 7.7 -6.7 -1.8 3.3

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 182.3 183.5 0.7 -8.8 10.7 0.7 0.7

Europe............................................... 44.249 217.4 222.2 1.5 -12.2 20.3 2.8 2.2

Asia.................................................. 22.403 133.2 132.1 2.2 -8.0 -0.6 0.7 -0.8

Latin America/Caribbean.......................... 8.835 151.4 161.0 -0.9 -4.2 -5.5 1.7 6.3

Export Air Passenger Fares....................... 100.000 148.5 148.7 -3.3 -3.7 -2.8 -1.8 0.1

Europe............................................... 30.891 198.2 200.8 -6.5 -11.1 4.8 -0.2 1.3

Asia.................................................. 26.174 126.8 128.1 7.4 2.0 -7.1 -6.0 1.0

Latin America/Caribbean.......................... 23.198 150.1 152.7 -6.8 -1.5 -5.5 -2.0 1.7

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

16
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." 
18 

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.