U.S. IMPORT AND EXPORT PRICE INDEXES – JANUARY 2014 

U.S. import prices rose for the second consecutive month in January advancing 0.1 percent, after a 0.2 

percent increase in December, the U.S. Bureau of Labor Statistics reported today. In January, higher nonfuel 

prices more than offset declining fuel prices. U.S. export prices also rose in January, increasing 0.2 percent 

following a 0.4 percent advance in December. 

Chart 1. One-month percent change in the Import Price Index: January 2013 – January 2014 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: January 2013 – January 2014

 Percent change

0.5

0.9

-0.1

-0.7 -0.6

-0.4

0.1

0.4 0.3

-0.6

-0.9

0.2

0.1

-2

-1

0

1

2

Jan'13 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'14

-1.5

-0.6

-2.1

-2.7

-1.8

0.1

0.9

0.0

-0.7

-1.6

-1.9

-1.1

-1.5

-4

-3

-2

-1

0

1

2

Jan'13 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'14

Transmission of material in this release is embargoed until 

8:30 a.m. (EST) Friday, February 14, 2014 

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

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

USDL-14-0218
2

All Imports: Import prices ticked up 0.1 percent in January following a 0.2 percent rise the previous month. 

The January advance was led by higher nonfuel prices, while the increase in December was driven by rising 

fuel prices. Despite the recent advances, prices for overall imports declined 1.5 percent for the year ended in 

January. Import prices have not recorded a year-over-year increase since a 0.9 percent rise between July 

2012 and July 2013.

Fuel Imports: Fuel prices fell for the third time in the past 4 months in January, declining 0.6 percent, after 

a 1.3 percent advance in December. The January drop was led by a 1.2 percent decrease in petroleum prices, 

which more than offset a 14.1 percent increase in natural gas prices. Natural gas prices rose 67.3 percent 

over the past 4 months. Fuel prices also fell over the past year, declining 3.1 percent. The 12-month drop in 

fuel prices was driven by a 4.0 percent decrease in petroleum prices, while natural gas prices increased 26.7 

percent over the same period. 

All Imports Excluding Fuel: The price index for nonfuel imports advanced 0.3 percent in January, after 

recording little movement the previous 4 months. The increase was the largest monthly rise in nonfuel 

import prices since a 0.4 percent increase in March 2012. In January, higher prices for consumer goods; 

capital goods; foods, feeds, and beverages; and nonfuel industrial supplies and materials contributed to the 

overall advance in nonfuel import prices. In contrast, automotive vehicle prices decreased in January. 

Despite the January increase, nonfuel import prices fell 1.1 percent over the past 12 months. 

Table A. Percent change in import and export price indexes, selected categories 

 

 
3

Chart 3. One-month percent change in the Export Price Index: January 2013 – January 2014 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: January 2013 – January 2014 

 Percent change

All Exports: Export prices advanced for the third consecutive month in January, increasing 0.2 percent, 

after rising 0.4 percent in December and 0.2 percent in November. January marked the first time since 

October 2012 that export prices recorded 3 consecutive monthly advances. Despite the recent increase, 

overall export prices declined 1.2 percent for the year ended in January. 

Agricultural Exports: The price index for agricultural exports fell 0.5 percent in January following a 0.4 

percent increase the previous month. The January drop was driven by lower prices for wheat, soybeans, and 

meat, which decreased 6.5 percent, 1.9 percent, and 2.2 percent, respectively. Agricultural prices declined 

5.7 percent for the year ended in January, after rising 10.7 percent between January 2012 and January 2013. 

The year-over-year decline in January 2014 was led by lower prices for corn, soybeans, and wheat. 

All Exports Excluding Agriculture: Nonagricultural prices rose 0.2 percent in January following a 0.5 

percent increase in December. In January, higher prices for nonagricultural industrial supplies and materials, 

capital goods, and automotive vehicles contributed to the overall increase in nonagricultural export prices. 

The price index for nonagricultural exports fell 0.5 percent over the past year, driven by declining prices for 

nonagricultural industrial supplies and materials and consumer goods. 

0.4

0.7

-0.5

-0.6

-0.5

-0.1

-0.2

-0.5

0.4

-0.6

0.2

0.4

0.2

-1

0

1

Jan'13 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'14

1.2

1.5

0.2

-0.8 -0.8

0.8

0.3

-1.1

-1.6

-2.2

-1.5

-1.0 -1.2

-3

-2

-1

0

1

2

Jan'13 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'14
4

SELECTED JANUARY HIGHLIGHTS 

Import Prices 

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

January, after ticking up 0.1 percent in each of the previous 2 months. The January decline was led by a 0.2 

percent decrease in computer and electronic products prices. Import prices from China also fell over the past 

year, declining 0.7 percent. Prices for imports from Japan decreased 0.2 percent in January, after falling 0.3 

percent in December. Import prices from Japan have not recorded a monthly advance since a 0.1 percent 

rise in October 2012, and declined 3.6 percent for the year ended in January—the largest 12-month drop 

since a 3.8 percent decrease in March 2002. In contrast, prices for imports from the European Union and 

Canada each increased in January, rising 0.7 percent and 0.5 percent, respectively. Import prices from 

Mexico were unchanged in January. 

Nonfuel Industrial Supplies and Materials: Prices for nonfuel industrial supplies and materials advanced 

0.2 percent in January, driven by a 2.1 percent increase in chemicals prices. Higher prices for plastic 

materials and fertilizers each contributed to the January rise in chemicals prices. 

 

Finished Goods: Consumer goods prices increased 0.7 percent in January, led by a 3.1 percent advance in 

the price index for medicinal, dental, and pharmaceutical materials. The January rise was the largest 

monthly increase for the index since a 1.0 percent advance in October 1992. Prices for capital goods also 

rose in January, increasing 0.2 percent. In contrast, automotive vehicles prices declined 0.2 percent in 

January and 1.6 percent over the past year. The year-over-year decline in January was the largest 12-month 

decline for the index since first publication in June 1981. 

 

Foods, Feeds, and Beverages: The price index for foods, feeds, and beverages increased 0.8 percent in 

January, driven by a 4.0 percent advance in fish and shell fish prices. 

Transportation Services: Import air passenger fares decreased 6.4 percent in January, the first monthly 

decline since a 7.9 percent decrease in August. Lower Asian and Latin American/Caribbean fares 

contributed to the January decline. The index for import air passenger fares rose 5.1 percent over the past 12 

months. Import air freight prices were unchanged in January and advanced 0.6 percent over the past year. 

Export Prices 

 

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

materials rose 0.3 percent in January following a 1.1 percent advance in December. Despite the recent 

increase, nonagricultural industrial supplies and materials prices fell 1.7 percent for the year ended in 

January. 

 

Finished Goods: Finished goods prices were mostly up in January. Capital goods prices increased 0.4 

percent, the largest monthly advance since a 0.7 percent rise in January 2013. Prices for automotive vehicles 

advanced 0.2 percent in January, after recording no change the previous 2 months. The price index for 

consumer goods recorded no change in January. 

Transportation Services: Export air passenger fares increased 1.5 percent in January, driven by a 12.7 

percent jump in Asian fares. Despite the January advance, export air passenger fares fell 2.3 percent over the 

past year. Export air freight prices rose 2.4 percent in January and 1.1 percent over the past 12 months. 

 

Import and Export Price Index data for February 2014 are scheduled for release on Thursday, March 

13, 2014 at 8:30 a.m. (EDT). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2013 to

January 2014

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

All commodities................................... 100.000 137.9 138.0 -1.5 -0.6 -0.9 0.2 0.1

All imports excluding food and fuels (Dec.

2010=100)........................................ 75.529 101.8 102.1 -1.4 0.0 0.1 -0.2 0.3

All imports excluding petroleum.............. 81.760 115.1 115.6 -0.9 0.1 0.1 0.1 0.4

All imports excluding fuels (Dec.

2001=100)........................................ 80.780 119.0 119.3 -1.1 0.1 0.0 -0.1 0.3

Foods, feeds, & beverages................... 0 5.251 175.7 177.1 4.9 0.6 -0.6 0.4 0.8

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 3.990 192.1 192.2 1.3 0.3 -0.5 0.7 0.1

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.261 138.6 142.8 17.6 1.7 -0.9 -0.4 3.0

Industrial supplies & materials.............. 1 32.217 243.1 242.3 -4.0 -2.0 -2.6 0.6 -0.3

Industrial supplies & materials excluding

petroleum.................................... 13.977 159.5 160.9 -4.1 0.4 0.3 0.6 0.9

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 12.997 178.6 178.9 -5.5 0.1 -0.1 -0.4 0.2

Industrial supplies & materials, durable. . .. 7.845 166.8 165.8 -7.0 0.3 -0.1 -0.5 -0.6

Industrial supplies & materials nondurable

excluding petroleum....................... 5.153 150.4 154.5 -0.4 0.6 0.8 2.1 2.7

Fuels & lubricants............................. 10 19.219 326.0 323.9 -3.1 -3.3 -4.3 1.3 -0.6

Petroleum & petroleum products......... 100 18.239 360.8 356.5 -4.0 -3.6 -4.6 0.7 -1.2

Crude........................................ 10000 13.693 368.9 363.8 -4.9 -4.4 -5.5 0.1 -1.4

Fuels, n.e.s.-coals & gas.................. 101 0.804 136.6 152.2 20.5 9.4 5.7 19.5 11.4

Gas-natural.................................. 10110 0.656 124.4 142.0 26.7 11.7 6.8 22.9 14.1

Paper & paper base stocks.................. 11 0.545 113.9 113.3 1.3 1.1 -0.3 -0.3 -0.5

Materials associated with nondurable

supplies & materials....................... 12 4.686 168.2 170.6 -3.2 0.1 0.1 -0.2 1.4

Selected building materials.................. 13 1.056 142.3 142.5 -2.9 0.4 0.4 -0.2 0.1

Unfinished metals related to durable

goods........................................ 14 3.520 235.7 234.0 -11.5 -0.1 -0.3 -1.0 -0.7

Finished metals related to durable

goods........................................ 15 1.641 155.8 155.8 -3.9 -0.1 -0.1 0.1 0.0

Nonmetals related to durable goods. . . . . .. 16 1.549 112.3 110.9 -3.2 0.2 0.0 -0.1 -1.2

Capital goods................................... 2 25.204 92.4 92.6 -0.6 0.0 0.1 -0.1 0.2

Electric generating equipment............... 20 3.031 119.3 119.4 -0.3 -0.3 0.1 0.0 0.1

Nonelectrical machinery...................... 21 20.219 85.1 85.3 -0.9 0.0 0.1 -0.1 0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 1.954 136.0 136.2 0.8 0.1 -0.1 0.0 0.1

Automotive vehicles, parts & engines..... 3 13.725 113.4 113.2 -1.6 0.0 0.0 0.0 -0.2

Consumer goods, excluding

automotives.................................. 4 23.603 107.2 107.9 0.1 0.0 0.1 -0.2 0.7

Nondurables, manufactured................. 40 11.314 116.3 117.6 1.5 0.1 0.1 0.0 1.1

Durables, manufactured...................... 41 11.118 97.9 98.0 -1.7 0.0 0.0 -0.3 0.1

Nonmanufactured consumer goods. . . . . . .. 42 1.170 117.0 118.5 2.8 0.8 -0.3 0.0 1.3

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2013 to

January 2014

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

All commodities................................... 100.000 132.3 132.5 -1.2 -0.6 0.2 0.4 0.2

Agricultural commodities....................... 9.811 212.8 211.8 -5.7 -1.3 -0.3 0.4 -0.5

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.860 101.8 102.0 -1.2 -0.1 0.0 -0.1 0.2

Nonagricultural commodities.................. 90.189 126.5 126.8 -0.5 -0.5 0.1 0.5 0.2

Foods, feeds, & beverages................... 0 8.987 213.3 211.9 -6.2 -1.3 -0.1 0.5 -0.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.359 216.2 215.2 -6.4 -1.5 -0.1 0.5 -0.5

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.628 189.6 184.1 -3.2 1.9 -0.2 1.1 -2.9

Industrial supplies & materials.............. 1 33.554 178.2 178.6 -1.7 -1.2 0.1 1.0 0.2

Industrial supplies & materials, durable. . .. 11.194 170.8 170.7 -7.6 0.1 -0.2 -0.8 -0.1

Industrial supplies & materials,

nondurable.................................. 22.360 183.0 183.7 1.6 -2.0 0.3 1.9 0.4

Agricultural industrial supplies &

materials..................................... 10 1.452 199.5 197.8 -1.2 -0.4 -0.9 0.0 -0.9

Nonagricultural industrial supplies &

materials...................................... 32.102 177.6 178.1 -1.7 -1.3 0.2 1.1 0.3

Fuels & lubricants............................. 11 10.153 265.0 265.6 3.7 -4.3 1.5 4.4 0.2

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 20.932 165.1 165.4 -4.4 -0.1 -0.4 -0.3 0.2

Selected building materials.................. 13 1.017 126.5 130.5 9.8 0.3 0.4 0.4 3.2

Capital goods................................... 2 36.220 106.5 106.9 0.5 -0.1 0.1 0.0 0.4

Electrical generating equipment............. 20 3.663 114.5 114.6 -0.2 -0.3 -0.3 0.0 0.1

Nonelectrical machinery...................... 21 25.720 95.4 95.7 0.2 -0.2 0.2 0.0 0.3

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 6.837 152.0 153.2 1.9 0.0 0.0 0.1 0.8

Automotive vehicles, parts & engines..... 3 9.459 113.6 113.8 0.5 0.3 0.0 0.0 0.2

Consumer goods, excluding

automotives.................................. 4 11.780 115.1 115.1 -1.0 0.1 0.3 0.1 0.0

Nondurables, manufactured................. 40 5.530 114.2 112.4 -2.9 0.2 0.2 -0.1 -1.6

Durables, manufactured...................... 41 4.975 111.8 112.4 -0.8 -0.1 0.1 0.1 0.5

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected categories of goods: January 2013 to

January 2014

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

Nonmanufactured articles...................... 16.709 162.4 161.7 -1.6 -3.1 -4.5 1.2 -0.4

Agriculture, forestry, fishing and

hunting........................................ 11 1.790 174.2 174.9 6.6 1.4 -1.3 1.6 0.4

Crop production............................... 111 1.362 180.8 180.6 8.3 1.8 -2.3 2.8 -0.1

Forestry and logging (Dec. 2012=100)..... 113 0.161 90.7 91.8 -13.3 -0.2 0.3 -3.5 1.2

Mining............................................ 21 14.919 160.8 160.0 -2.5 -3.5 -4.8 1.2 -0.5

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.266 130.4 122.4 -9.2 -0.2 0.3 0.4 -6.1

Manufactured articles............................ 82.893 115.8 116.0 -1.4 0.0 -0.1 0.0 0.2

Manufactured goods, part 1................. 31 10.518 124.1 124.5 0.6 0.1 -0.2 -0.1 0.3

Food manufacturing.......................... 311 3.044 156.0 157.7 1.5 0.0 -0.6 -0.6 1.1

Beverage and tobacco product

manufacturing............................... 312 0.928 114.5 114.9 1.3 0.4 0.2 0.0 0.3

Textile mills (Dec. 2011=100)............... 313 0.358 101.6 102.1 0.2 0.1 0.1 0.5 0.5

Textile product mills.......................... 314 0.773 114.4 114.5 -1.0 0.0 -0.2 -0.1 0.1

Apparel manufacturing....................... 315 3.762 110.6 110.5 0.2 0.1 0.0 0.1 -0.1

Leather and allied product

manufacturing............................... 316 1.653 121.8 122.2 0.9 0.1 0.2 0.0 0.3

Manufactured goods, part 2................. 32 17.553 136.0 136.9 -1.0 -0.3 -0.4 0.4 0.7

Wood product manufacturing................ 321 0.638 122.0 122.1 -4.2 0.6 0.6 -0.2 0.1

Paper manufacturing......................... 322 0.994 111.1 110.8 0.9 0.5 0.0 -0.1 -0.3

Printing and related support activities

(Dec. 2013=100)........................... 323 0.190 100.0 100.3 – – – – 0.3

Petroleum and coal products

manufacturing............................... 324 4.078 159.8 157.5 -4.0 -1.8 -2.0 1.8 -1.4

Chemical manufacturing..................... 325 8.817 133.8 136.8 0.7 0.2 0.1 0.1 2.2

Plastics and rubber products

manufacturing............................... 326 1.992 124.4 123.3 -2.9 -0.2 0.0 0.1 -0.9

Nonmetallic mineral product

manufacturing............................... 327 0.844 129.9 130.2 0.5 0.2 0.1 -0.1 0.2

Manufactured goods, part 3................. 33 54.822 107.8 107.9 -1.8 0.0 0.0 -0.2 0.1

Primary metal manufacturing................ 331 4.138 155.2 154.6 -11.1 0.2 -0.2 -0.8 -0.4

Fabricated metal product manufacturing... 332 2.696 126.3 126.2 -2.8 -0.4 0.3 -0.2 -0.1

Machinery manufacturing.................... 333 6.941 120.9 121.6 -0.7 0.1 0.1 -0.2 0.6

Computer and electronic product

manufacturing............................... 334 16.228 80.4 80.3 -1.6 -0.1 0.0 -0.1 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.148 118.9 118.8 -0.8 -0.2 -0.1 -0.1 -0.1

Transportation equipment manufacturing... 336 14.581 111.7 111.8 -0.7 0.0 0.0 0.0 0.1

Furniture and related product

manufacturing............................... 337 1.347 114.6 114.9 0.8 0.4 0.0 0.1 0.3

Miscellaneous manufacturing............... 339 4.743 120.9 121.1 0.3 0.1 0.0 -0.1 0.2

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected categories of goods: January 2013 to

January 2014

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

Nonmanufactured articles...................... 7.231 160.5 163.2 -5.3 -1.1 -0.3 1.3 1.7

Agriculture, forestry, fishing and

hunting........................................ 11 4.957 193.8 194.6 -8.6 -2.2 -0.5 0.4 0.4

Crop production............................... 111 4.546 199.6 201.0 -9.5 -2.4 -0.7 0.3 0.7

Mining............................................ 21 2.274 92.1 96.2 3.3 1.8 0.3 3.8 4.5

Mining (except oil and gas).................. 212 1.362 101.2 101.2 -5.7 0.8 -0.1 -0.1 0.0

Manufactured articles............................ 90.870 120.5 120.5 -0.7 -0.6 0.1 0.3 0.0

Manufactured goods, part 1................. 31 6.983 151.4 150.9 -1.0 -0.2 -0.2 0.5 -0.3

Food manufacturing.......................... 311 4.886 173.4 172.8 -1.4 0.0 -0.6 0.5 -0.3

Beverage and tobacco product

manufacturing............................... 312 0.550 123.9 118.3 -7.4 -1.6 1.7 -0.8 -4.5

Leather and allied product manufacturing

(Dec. 2013=100)........................... 316 0.274 100.0 101.3 – – – – 1.3

Manufactured goods, part 2................. 32 26.701 134.5 133.9 0.4 -1.6 0.3 1.4 -0.4

Wood product manufacturing................ 321 0.457 123.1 125.3 10.3 1.4 0.3 0.1 1.8

Paper manufacturing......................... 322 1.798 122.8 123.4 2.7 0.0 0.5 0.1 0.5

Petroleum and coal products

manufacturing............................... 324 7.701 172.9 172.1 5.1 -5.7 2.2 4.8 -0.5

Chemical manufacturing..................... 325 13.510 129.3 128.4 -2.6 -0.2 -0.4 0.1 -0.7

Plastics and rubber products

manufacturing............................... 326 2.188 120.1 119.8 0.1 -0.2 -0.1 -0.1 -0.2

Nonmetallic mineral product

manufacturing............................... 327 0.766 112.0 112.0 1.4 0.0 0.1 0.0 0.0

Manufactured goods, part 3................. 33 57.186 112.1 112.3 -1.1 -0.1 0.0 -0.1 0.2

Primary metal manufacturing................ 331 4.636 147.2 144.5 -15.1 -0.5 -0.7 -1.7 -1.8

Fabricated metal product manufacturing... 332 2.791 131.7 131.9 -0.2 -0.1 0.1 0.4 0.2

Machinery manufacturing.................... 333 11.664 123.0 123.8 1.6 0.1 0.2 0.1 0.7

Computer and electronic product

manufacturing............................... 334 13.853 88.1 88.0 -1.3 -0.5 0.2 -0.1 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.449 113.5 113.9 0.2 0.0 -0.5 0.0 0.4

Transportation equipment manufacturing... 336 15.462 118.2 118.7 1.2 0.2 0.0 0.0 0.4

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.361 107.3 107.6 2.4 -0.1 -0.2 0.0 0.3

Miscellaneous manufacturing............... 339 4.970 122.1 123.4 0.5 0.0 0.4 0.3 1.1

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2013 to

January 2014

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

Live animals; animal products................. I 1.258 187.8 192.8 16.8 1.6 -0.9 -0.2 2.7

Meat and edible meat offal..................... 02 0.267 221.9 222.8 1.0 1.3 -1.3 0.4 0.4

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.712 142.4 148.3 28.7 2.1 -1.5 -0.6 4.1

Vegetable products............................... II 1.692 202.5 203.0 -0.1 -0.7 -1.7 2.7 0.2

Edible vegetables, roots, and tubers.......... 07 0.422 392.8 412.8 31.6 3.0 -2.6 4.4 5.1

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.457 112.2 109.9 -1.3 -2.9 -0.5 2.0 -2.0

Coffee, tea, mate and spices.................. 09 0.321 226.0 220.0 -8.0 -1.2 -2.2 3.8 -2.7

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.251 115.2 112.7 -5.7 0.1 0.0 -0.4 -2.2

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.491 158.5 158.9 0.6 0.4 0.1 -0.6 0.3

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.166 87.4 85.7 -15.1 -0.2 -0.2 -2.1 -1.9

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.222 100.5 100.9 10.0 1.6 -0.6 -0.9 0.4

Preparations of cereals, flour, starch or milk;

bakers’ wares (Dec. 2007=100)............. 19 0.246 130.7 131.3 0.8 0.1 0.0 0.0 0.5

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.296 161.6 165.4 1.7 0.1 0.4 -2.6 2.4

Beverages, spirits, and vinegar................ 22 0.945 125.4 125.6 1.0 0.2 0.3 0.2 0.2

Mineral products.................................. V 19.067 327.3 324.5 -3.5 -3.3 -4.3 1.2 -0.9

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 18.790 324.2 321.7 -3.4 -3.4 -4.4 1.2 -0.8

Products of the chemical or allied

industries........................................ VI 8.046 148.5 151.6 -0.2 0.1 0.1 0.1 2.1

Inorganic chemicals............................. 28 0.614 307.8 305.5 -19.5 -0.4 0.3 -1.2 -0.7

Organic chemicals............................... 29 2.447 136.7 137.1 -2.5 0.0 0.1 1.0 0.3

Pharmaceutical products....................... 30 3.193 125.8 131.6 8.1 0.1 0.2 -0.1 4.6

Fertilizers (Dec. 2009=100).................... 31 0.317 108.3 117.1 -9.0 -1.2 1.2 0.9 8.1

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.163 94.1 100.3 6.8 -0.7 0.3 -0.3 6.6

Miscellaneous chemical products............. 38 0.482 95.7 93.4 -9.1 -1.1 -1.0 -1.1 -2.4

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.208 148.5 148.7 -3.1 -0.2 -0.1 -0.4 0.1

Plastics and articles thereof.................... 39 2.011 147.4 148.7 0.5 -0.1 -0.3 -0.3 0.9

Rubber and articles thereof.................... 40 1.197 151.7 150.1 -8.8 -0.4 0.1 -0.7 -1.1

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.615 126.4 127.9 1.1 0.2 0.4 0.2 1.2

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.568 127.6 129.0 1.4 0.1 0.4 0.1 1.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.668 148.0 148.1 -4.2 0.5 0.7 -0.3 0.1

Woodpulp, recovered paper, and paper

products......................................... X 1.060 114.3 114.1 1.2 0.5 0.0 -0.1 -0.2

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.699 107.8 107.4 -0.1 0.2 0.0 -0.2 -0.4

Printed matter (Dec. 2013=100)............... 49 0.197 100.0 100.2 – – – – 0.2

Textile and textile articles....................... XI 4.772 114.0 113.8 -0.2 0.0 0.0 0.1 -0.2

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 1.866 103.1 102.7 -1.5 -0.3 0.2 0.1 -0.4

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2013 to

January 2014 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.727 118.6 118.4 1.8 0.3 -0.2 0.2 -0.2

Made-up or worn textile articles............... 63 0.554 107.5 107.9 -0.4 0.0 -0.3 -0.1 0.4

Headgear, umbrellas, artifical flowers, etc... XII 1.335 121.1 120.9 0.2 0.2 0.0 0.0 -0.2

Footwear and parts of such articles........... 64 1.150 120.2 120.2 0.3 0.1 0.1 0.0 0.0

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.783 133.0 133.3 0.8 0.2 0.0 0.0 0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2001=100).................... 68 0.258 126.0 126.3 1.2 0.0 -0.1 -0.1 0.2

Ceramic products................................ 69 0.240 141.0 140.9 0.2 0.0 -0.1 0.1 -0.1

Glass and glassware............................ 70 0.284 129.8 130.4 0.9 0.5 0.2 -0.1 0.5

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.624 178.3 176.4 -13.6 -0.2 -0.7 -1.9 -1.1

Base metals and articles of base metals. . .. XV 5.336 180.2 180.6 -2.5 0.2 0.2 0.1 0.2

Iron and steel.................................... 72 1.263 218.3 219.0 0.8 0.7 0.4 1.1 0.3

Articles of iron or steel.......................... 73 1.698 153.9 153.1 -3.0 -0.1 0.3 0.1 -0.5

Copper and articles thereof.................... 74 0.450 333.9 344.9 -5.5 1.1 -0.6 0.2 3.3

Aluminum and articles thereof................. 76 0.700 134.4 134.8 -3.9 0.1 0.1 -1.2 0.3

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.400 129.9 128.6 -0.8 0.0 0.4 0.1 -1.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.446 135.7 135.9 -0.4 -0.1 0.2 0.1 0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.434 84.5 84.6 -1.3 0.0 0.0 -0.1 0.1

Machinery and mechanical appliances;

parts thereof................................... 84 14.219 89.3 89.6 -0.7 0.0 0.1 -0.2 0.3

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 13.215 79.8 79.9 -2.0 -0.1 0.0 -0.1 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 12.223 116.0 116.0 -0.6 0.0 0.0 0.0 0.0

Motor vehicles and their parts................. 87 11.193 114.7 114.7 -0.8 0.0 0.0 0.0 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 0.928 120.2 120.4 0.9 0.0 0.0 -0.1 0.2

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.465 104.3 104.7 1.0 0.1 0.1 0.0 0.4

Optical, photographic, measuring and

medical instruments.......................... 90 3.166 101.2 101.4 1.0 0.1 0.1 0.0 0.2

Clocks and watches and parts thereof. . . . . .. 91 0.241 141.7 144.9 2.0 0.2 0.5 -0.3 2.3

Miscellaneous manufactured articles......... XX 3.588 113.2 113.2 0.2 0.3 0.0 -0.1 0.0

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.082 117.1 117.2 0.3 0.3 0.0 -0.1 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.264 105.4 105.6 0.3 0.2 0.0 0.0 0.2

Miscellaneous manufactured articles. . . . . . . .. 96 0.242 138.8 135.8 -2.0 0.0 0.1 0.1 -2.2

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2013 to

January 2014

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

Live animals; animal products................. I 2.050 226.2 221.4 1.5 1.0 1.0 0.8 -2.1

Meat & edible meat offal (Dec. 2006=100)... 02 1.166 168.3 164.2 -1.8 -1.1 0.6 0.7 -2.4

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.357 204.1 199.1 -2.1 2.8 -0.2 2.3 -2.4

Vegetable products............................... II 4.582 244.6 246.1 -10.4 -2.5 0.5 0.0 0.6

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.129 175.7 188.5 17.4 4.1 7.5 -0.6 7.3

Cereals............................................ 10 1.113 244.7 237.5 -23.3 -4.5 -2.3 -0.7 -2.9

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.871 270.8 266.4 -7.4 -4.7 -2.8 3.8 -1.6

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.254 116.0 113.3 -14.7 -0.8 -4.4 -0.1 -2.3

Prepared foodstuffs, beverages,and

tobacco........................................... IV 2.891 165.8 165.2 -1.0 -0.7 -0.5 0.5 -0.4

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.338 113.9 115.2 2.9 -0.3 -0.3 1.4 1.1

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.492 112.6 112.1 -0.5 -0.3 0.2 -0.4 -0.4

Residues and waste from the food

industries; prepared animal feed............ 23 0.728 265.9 258.2 -4.9 -1.8 -1.5 1.8 -2.9

Mineral products.................................. V 9.997 309.8 311.0 3.9 -4.2 1.8 4.1 0.4

Ores, slag and ash (Dec. 2012=100)......... 26 0.425 90.9 93.8 -4.3 1.6 0.8 -1.4 3.2

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 9.392 308.1 308.9 4.5 -4.6 1.9 4.5 0.3

Products of the chemical or allied

industries........................................ VI 10.946 151.4 151.3 -2.5 -0.5 -0.5 0.2 -0.1

Inorganic chemicals............................. 28 0.906 177.3 175.6 -5.0 -1.1 -0.4 -0.2 -1.0

Organic chemicals............................... 29 3.086 161.1 165.0 -1.4 -2.2 -0.7 0.2 2.4

Pharmaceutical products....................... 30 2.696 120.9 117.6 -6.4 0.2 0.4 -0.3 -2.7

Fertilizers (Dec. 2012=100).................... 31 0.292 81.5 78.5 -19.8 -2.4 -6.6 1.5 -3.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.721 136.1 136.1 -0.7 0.2 0.1 0.4 0.0

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.468 121.4 121.4 0.1 0.4 0.0 0.0 0.0

Miscellaneous chemical products............. 38 1.783 155.6 157.2 2.3 0.2 -0.5 1.0 1.0

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.175 149.6 148.4 -0.3 0.7 -0.3 0.0 -0.8

Plastics and articles thereof.................... 39 4.190 144.0 142.6 1.6 1.0 -0.4 -0.1 -1.0

Rubber and articles thereof.................... 40 0.985 174.0 173.5 -7.7 -1.0 0.8 0.1 -0.3

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.423 149.6 151.9 7.6 2.6 1.4 1.2 1.5

Woodpulp, recovered paper, and paper

products......................................... X 2.236 122.4 123.5 3.0 0.2 0.2 -0.5 0.9

Woodpulp and recovered paper............... 47 0.668 126.4 127.5 0.7 1.0 0.8 -1.6 0.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.141 120.7 122.1 3.3 -0.2 0.1 -0.1 1.2

Textile and textile articles....................... XI 1.887 131.8 135.2 5.9 -0.3 -0.4 0.2 2.6

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.586 143.6 151.1 11.1 -0.2 -2.7 -0.8 5.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.736 118.6 118.7 0.8 0.3 0.0 0.0 0.1

Glass and glassware............................ 70 0.378 97.5 97.7 0.5 -0.1 0.1 0.0 0.2

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2013 to

January 2014 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan.

2013 to

Jan.

2014

Sept.

2013 to

Oct.

2013

Oct.

2013 to

Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan.

2014

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.288 241.1 239.5 -15.3 -0.8 -0.4 -1.8 -0.7

Base metals and articles of base metals. . .. XV 5.354 165.5 166.7 -2.3 0.5 0.1 0.2 0.7

Iron and steel.................................... 72 1.403 187.1 188.9 -4.9 0.8 0.4 0.7 1.0

Copper and articles thereof.................... 74 0.620 233.8 241.8 -5.1 1.2 -0.3 -1.3 3.4

Aluminum and articles thereof................. 76 0.836 120.0 120.6 -4.9 -0.5 0.3 -0.9 0.5

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.400 137.2 138.8 5.3 1.3 1.0 0.9 1.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.313 147.2 147.0 1.0 0.0 0.0 -0.1 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.719 96.9 97.2 -0.1 -0.2 0.1 -0.1 0.3

Machinery and mechanical appliances;

parts thereof................................... 84 16.666 111.6 112.0 0.7 -0.1 0.3 -0.1 0.4

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.053 81.1 81.1 -1.5 -0.5 -0.1 0.0 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.327 128.5 129.4 1.5 0.2 0.0 0.0 0.7

Motor vehicles and their parts................. 87 8.704 114.3 115.1 1.5 0.4 0.0 0.0 0.7

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.998 107.3 107.4 0.0 0.0 0.2 0.0 0.1

Miscellaneous manufactured articles......... XX 1.407 109.8 110.3 -0.6 -0.1 -0.4 0.0 0.5

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.781 121.2 121.4 0.0 0.5 -0.7 0.0 0.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.472 88.5 89.6 -1.4 -0.8 -0.2 0.0 1.2

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: January 2013 to January 2014

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan. 2013

to Jan.

2014

Sept. 2013

to Oct.

2013

Oct. 2013

to Nov.

2013

Nov. 2013

to Dec.

2013

Dec. 2013

to Jan.

2014

Industrialized Countries2

.................... 100.000 129.7 130.4 -0.9 -0.7 -0.7 -0.4 0.5

Nonmanufactured articles................... 11.231 211.9 213.9 0.0 -5.4 -7.4 -1.6 0.9

Manufactured articles........................ 88.178 122.9 123.5 -1.0 0.1 0.2 -0.2 0.5

Other Countries3

.............................. 100.000 137.8 137.6 -1.3 -0.6 -0.9 0.4 -0.1

Nonmanufactured articles................... 19.760 341.4 338.0 -3.6 -2.8 -3.8 1.6 -1.0

Manufactured articles........................ 79.998 109.8 109.8 -0.6 0.0 -0.1 0.0 0.0

Canada.......................................... 100.000 146.6 147.3 -1.5 -2.3 -2.1 -0.5 0.5

Nonmanufactured articles................... 29.473 203.0 206.4 1.5 -5.6 -7.5 -1.5 1.7

Manufactured articles........................ 69.593 135.4 135.4 -2.8 -0.7 0.1 -0.1 0.0

European Union4

.............................. 100.000 136.4 137.3 1.0 0.4 0.3 -0.2 0.7

France (Dec. 2003=100)...................... 100.000 122.5 122.8 1.5 0.2 0.3 0.0 0.2

Germany (Dec. 2003=100)................... 100.000 117.3 118.6 2.9 0.9 0.2 -0.2 1.1

United Kingdom (Dec. 2003=100).......... 100.000 129.1 129.2 -3.1 0.2 0.4 -0.2 0.1

Latin America5................................. 100.000 171.7 171.6 -2.4 -1.0 -1.9 0.6 -0.1

Nonmanufactured articles................... 28.485 359.1 356.8 -4.0 -3.4 -5.5 2.0 -0.6

Manufactured articles........................ 71.134 130.9 131.1 -1.5 0.2 -0.2 0.1 0.2

Mexico (Dec. 2003=100)...................... 100.000 141.1 141.1 -1.8 -1.0 -1.1 0.2 0.0

Nonmanufactured articles (Dec.

2008=100).................................. 16.376 190.4 190.0 -3.8 -4.3 -6.3 2.5 -0.2

Manufactured articles (Dec. 2008=100). .. 83.371 92.9 93.0 -1.3 -0.2 0.0 -0.3 0.1

Pacific Rim (Dec. 2003=100)6

............... 100.000 103.0 102.9 -1.2 0.0 0.0 -0.1 -0.1

China (Dec. 2003=100)....................... 100.000 103.8 103.7 -0.7 -0.1 0.1 0.1 -0.1

Japan............................................ 100.000 99.3 99.1 -3.6 -0.2 -0.1 -0.3 -0.2

Asian NICs7

..................................... 100.000 89.8 89.5 -0.3 0.0 0.3 -1.2 -0.3

ASEAN (Dec. 2003=100)8

.................... 100.000 104.7 104.4 0.1 0.1 -0.2 0.0 -0.3

Asia Near East (Dec. 2003=100)9

........... 100.000 255.8 255.3 -6.0 -2.2 -2.6 0.4 -0.2

1 Relative importance figures are based on 2012 trade values.

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

3 Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.

4 European Union countries.

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

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

Countries.

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

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

9 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 three months after original publication.

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. international price indexes and percent changes for selected transportation services: January

2013 to January 2014

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20131

Index Percent change

Dec.

2013

Jan.

2014

Annual Monthly

Jan. 2013

to Jan.

2014

Sept.

2013 to

Oct. 2013

Oct. 2013

to Nov.

2013

Nov.

2013 to

Dec.

2013

Dec.

2013 to

Jan. 2014

Air Freight

Import Air Freight.................................... 100.000 177.3 177.3 0.6 0.9 2.2 -0.4 0.0

Europe (Dec. 2003=100).......................... 27.872 179.4 182.3 10.3 1.0 7.2 -0.8 1.6

Asia.................................................. 67.883 153.8 152.8 -2.2 0.8 0.8 -0.3 -0.7

Export Air Freight................................... 100.000 147.4 150.9 1.1 0.3 -0.1 -0.2 2.4

Europe (Dec. 2006=100).......................... 35.689 132.2 135.3 1.7 0.5 -0.5 -0.2 2.3

Inbound Air Freight................................. 100.000 164.9 164.2 -0.9 0.8 1.7 -0.4 -0.4

Europe (Dec. 2003=100).......................... 26.808 156.9 159.9 5.6 0.9 4.5 -0.6 1.9

Asia.................................................. 62.769 148.1 146.0 -3.3 0.9 0.9 -0.3 -1.4

Outbound Air Freight............................... 100.000 146.9 147.8 0.0 0.3 0.4 0.1 0.6

Europe (Dec. 2003=100).......................... 33.266 163.9 164.5 1.8 0.4 1.8 0.0 0.4

Asia.................................................. 47.249 139.6 140.6 -0.4 0.4 -0.1 0.2 0.7

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 210.1 196.6 5.1 4.3 3.4 7.1 -6.4

Europe............................................... 39.993 218.4 216.8 2.8 3.5 2.4 -2.5 -0.7

Asia.................................................. 25.132 172.7 158.5 0.3 2.3 -0.1 15.6 -8.2

Latin America/Caribbean.......................... 9.034 187.6 168.1 2.8 1.2 3.9 10.0 -10.4

Export Air Passenger Fares....................... 100.000 193.0 195.8 -2.3 -2.8 -1.7 8.9 1.5

Europe............................................... 25.442 217.8 208.4 -3.9 -3.5 2.4 -1.6 -4.3

Asia.................................................. 28.985 163.6 184.3 -7.0 -3.7 -0.5 10.0 12.7

Latin America/Caribbean.......................... 19.980 211.1 219.6 3.4 4.9 -1.8 10.0 4.0

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

14
15 

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes are reweighted annually, with a two-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 http://www.bls.gov/mxp, or by calling (202) 691-7101. 

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

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

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

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

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

classifying items by industry. In the NAICS imports and exports tables, items are classified by output 

industry, not input industry. As an example, NAICS import index 326 (plastics and rubber products 

manufacturing) include outputs such as manufactured plastic rather than inputs such as petroleum. The 

NAICS classification structure also matches the classification system used by the PPI (Producer Price 

Index) to produce the NAICS primary products indexes.

Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United 

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

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

(c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for 

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

Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification 

system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" 

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

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

Agriculture. 

Services Price Indexes -- Starting in September 2008 the Import Air Passenger Fares Indexes represent 

changes in the average revenue per passenger received by foreign carriers from U.S. residents and are 

calculated from data obtained from an airline consulting service. These data include tickets sold by 

travel agencies and travel websites. Tickets sold directly by the airlines are excluded, as are frequent 

flyer tickets generally. Starting in January 2008 the Export Air Passenger Fares Indexes represent 

changes in the average revenue per passenger received by U.S. carriers from foreign residents and are 

calculated from data collected directly from airlines. These data include frequent flyer tickets and those 

sold by consolidators. Taxes and fees are included in the Import Air Passenger Fares Index and excluded 

from the Export Air Passenger Fares Index. The Air Freight Indexes are calculated from data collected 

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

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

transportation or port service. The Air Freight Indexes are presented using two definitions: Balance of 

Payments (which represent transactions between U.S. and foreign residents) and International (which 

represent transactions inbound to and outbound from the U.S.). Fact sheets specifying detailed 

information for each services industry are available at http://www.bls.gov/mxp under "MXP 

Publications."
16 

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected 

for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin 

using a nomenclature based upon the North American Industry Classification System (NAICS). 

Nonmanufactured goods are defined as NAICS 11 and 21 and manufactured goods are defined as 

NAICS 31-33. 

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

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

further data revisions take place. So, for example, data released in the January release will be subject to 

revision in the releases for February, March, and April. 

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

sector of the National Income and Product Accounts 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 National Income and Product Accounts, while 

International indexes are more appropriate for market analysis. Merchandise and services indexes also 

can be used to study U.S. competitiveness and to compute price elasticities, and the merchandise import 

indexes by country or region of origin are useful in terms of trade analysis. 

E-Mail Subscription -- The U.S. Import and Export Price Indexes news release is available through an 

e-mail subscription service at (http://www.bls.gov/bls/list.htm). 

 

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

page at (http://www.bls.gov/mxp). For technical assistance in using the BLS Internet site, send e-mail to 

(labstat.helpdesk@bls.gov). For Import/Export Price Index data requests, send e-mail 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.