U.S. IMPORT AND EXPORT PRICE INDEXES – FEBRUARY 2015 

U.S. import prices increased 0.4 percent in February following declines of 3.1 percent in January and 2.5 

percent in December, the U.S. Bureau of Labor Statistics reported today. An upturn in fuel prices led the 

February rise. Prices for U.S. exports edged down 0.1 percent in February, after a 1.9-percent drop the 

previous month. 

Chart 1. One-month percent change in the Import Price Index: February 2014 – February 2015 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: February 2014 – February 2015

 Percent change

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Feb'14 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb'15

Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Thursday, March 12, 2015 

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

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

USDL-15-0387
2

All Imports: Import prices advanced 0.4 percent in February, the first monthly rise since a 0.3-percent 

increase in June 2014, and the largest 1-month advance since the index rose 0.5 percent in March 2014. In 

February, an upturn in fuel prices more than offset declining nonfuel prices. Despite the February increase, 

import prices fell 9.4 percent over the past 12 months, the largest year-over-year decrease since the index 

fell 12.0 percent between September 2008 and September 2009. 

Fuel Imports: The price index for import fuel increased 6.5 percent in February, the first advance since a 

1.6-percent rise in June 2014. The February increase was the largest monthly advance since the index rose 

7.6 percent in April 2011, and followed a 19.5-percent drop in January, the largest 1-month decline since a 

22.2-percent drop in December 2008. An 8.1-percent advance in petroleum prices led the February increase 

in the price index for fuel, more than offsetting a 17.9-percent drop in natural gas prices. Despite the 

February upturn, fuel prices declined 43.0 percent over the past year. Petroleum prices declined 43.2 percent 

for the year ended in February, and natural gas prices decreased 52.0 percent over the same period. 

All Imports Excluding Fuel: Nonfuel import prices decreased 0.3 percent in February, after a 0.6-percent 

drop the previous month. The price index for nonfuel imports has not recorded a monthly advance since the 

index ticked up 0.1 percent in July 2014. In February, decreasing prices for nonfuel industrial supplies and 

materials; capital goods; automotive vehicles; and foods, feeds, and beverages all contributed to the overall 

drop in nonfuel prices. In contrast, consumer goods prices increased in February. Nonfuel import prices fell 

1.2 percent for the year ended in February. 

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

 

 
3

Chart 3. One-month percent change in the Export Price Index: February 2014 – February 2015 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: February 2014 – February 2015 

 Percent change

All Exports: U.S. export prices edged down 0.1 percent in February, led by lower agricultural prices which 

more than offset rising nonagricultural prices. The price index for overall exports has not recorded a 

monthly advance since the index increased 0.1 percent in July 2014. Overall export prices also fell for the 

year ended in February, declining 5.9 percent, the largest 12-month drop since the index decreased 6.2 

percent in August 2009. 

Agricultural Exports: The price index for agricultural exports decreased 2.0 percent in February, after a 

1.2-percent drop the previous month. A 5.1-percent decline in soybean prices drove the decrease, although 

lower prices for wheat, fruit, and meat were contributing factors. Agricultural prices fell 9.5 percent over the 

past 12 months, led by decreasing prices for soybeans, fruit, corn, and wheat. 

All Exports Excluding Agriculture: Nonagricultural export prices rose 0.2 percent in February following a 

2.0-percent decline in January and 1.0-percent decreases in both December and November. The February 

increase was the first advance since a 0.2-percent rise in July 2014, and was driven by higher prices for 

nonagricultural industrial supplies and materials and capital goods. The increases more than offset lower 

prices for consumer goods and automotive vehicles. Despite the February advance, nonagricultural export 

prices fell 5.5 percent over the past year, the largest year-over-year decrease since the index fell 6.6 percent 

in July 2009. 

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Feb'14 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb'15

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4

SELECTED FEBRUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Prices for imports from China declined 0.2 percent for the second 

consecutive month in February. The index fell 0.6 percent for the year ended in February, the largest 12-

month drop since a 0.7-percent decrease between January 2013 and January 2014. The price index for 

imports from Japan fell 0.2 percent in February, after declining 0.6 percent in January and 0.5 percent in 

December. Import prices from Japan have not recorded a monthly advance since the index rose 0.2 percent 

in March 2014. Prices for imports from the European Union also decreased in February, declining 1.0 

percent following a 1.4-percent drop in January. In contrast, higher petroleum prices led the price indexes 

for imports from Canada and Mexico up in February, 0.2 percent and 0.3 percent, respectively. 

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

decreased 1.3 percent in February following a 1.2-percent decline the previous month. Falling chemicals 

prices, down 2.2 percent in February and 2.1 percent in January, led both monthly declines. 

 

Finished Goods: Prices for capital goods fell 0.4 percent in February, after decreasing 0.3 percent in 

January. The February drop was the largest 1-month decline for the index since a 0.5-percent decrease in 

March 2009. Automotive vehicle prices also fell in February, declining 0.2 percent following a 0.7-percent 

decrease the previous month. In contrast, consumer goods prices rose 0.3 percent in February. 

 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices decreased 0.2 percent in February 

following a 1.6-percent decline the previous month. Lower coffee and vegetable prices contributed to the 

overall drop in foods, feeds, and beverages prices in February. 

Transportation Services: Import air passenger fares fell 2.5 percent in February, after decreasing 6.8 

percent the previous month. The index for import air passenger fares decreased 0.6 percent for the year 

ended in February. Import air freight prices declined 2.2 percent in February, the largest monthly decrease 

since the index fell 3.3 percent in January 2012. Prices for import air freight decreased 6.7 percent over the 

past 12 months. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 

prices rose 0.7 percent in February following a 5.6-percent drop the previous month. The February rise was 

the first 1-month advance since the index increased 0.7 percent in July 2014, and was driven by an upturn in 

export fuel prices. 

 

Finished Goods: The price index for export capital goods rose 0.2 percent for the second consecutive 

month in February. Both increases were led by higher prices for non-motor vehicle transportation 

equipment. In contrast, consumer goods prices and prices for automotive vehicles declined in February, 

down 0.5 percent and 0.3 percent, respectively. 

Transportation Services: Export air passenger fares fell 14.3 percent in February, after advancing 0.4 

percent in January. The drop was the largest monthly decline for the index since its first publication in 

January 2001. The index for export air passenger fares decreased 5.9 percent for the year ended in February. 

Export air freight prices declined 1.7 percent in February, the largest drop since the index fell 2.2 percent in 

July 2012. Despite the February decline, the index rose 4.2 percent over the past year. 

 

Import and Export Price Index data for March 2015 are scheduled for release on Friday, April 10, 2015 at 

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

February 2015

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

All commodities................................... 100.000 126.2 126.7 -9.4 -1.8 -2.5 -3.1 0.4

All imports excluding food and fuels (Dec.

2010=100)........................................ 83.181 101.1 100.8 -1.3 -0.2 -0.2 -0.5 -0.3

All imports excluding petroleum.............. 90.116 114.4 113.9 -1.8 -0.3 0.0 -0.6 -0.4

All imports excluding fuels (Dec.

2001=100)........................................ 89.198 118.3 117.9 -1.2 -0.3 -0.1 -0.6 -0.3

Foods, feeds, & beverages................... 0 6.017 179.3 179.0 1.8 -0.6 0.8 -1.6 -0.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.670 197.9 197.0 3.7 -0.4 1.4 -1.9 -0.5

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.347 137.0 138.1 -3.9 -1.1 -1.4 -0.7 0.8

Industrial supplies & materials.............. 1 24.692 179.4 183.2 -27.5 -5.6 -8.4 -10.2 2.1

Industrial supplies & materials excluding

petroleum.................................... 14.808 155.7 152.7 -7.6 -0.8 0.1 -1.6 -1.9

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.890 174.7 172.5 -3.9 -0.8 -0.4 -1.2 -1.3

Industrial supplies & materials, durable. . .. 8.267 162.7 161.2 -3.5 -1.2 -0.1 -0.9 -0.9

Industrial supplies & materials nondurable

excluding petroleum....................... 5.624 146.9 142.2 -12.3 -0.4 0.5 -2.5 -3.2

Fuels & lubricants............................. 10 10.802 185.5 197.5 -43.0 -9.3 -14.9 -19.5 6.5

Petroleum & petroleum products......... 100 9.884 198.0 214.0 -43.2 -9.7 -16.2 -20.6 8.1

Crude........................................ 10000 7.063 198.6 223.5 -42.1 -10.1 -18.6 -20.4 12.5

Fuels, n.e.s.-coals & gas.................. 101 0.721 128.3 110.5 -45.8 -1.7 9.0 -7.4 -13.9

Gas-natural.................................. 10110 0.561 116.2 95.4 -52.0 -2.0 11.1 -8.6 -17.9

Paper & paper base stocks.................. 11 0.596 112.1 112.0 -1.4 -0.1 0.0 -0.6 -0.1

Materials associated with nondurable

supplies & materials....................... 12 5.098 164.9 161.6 -4.9 -0.3 -0.8 -1.9 -2.0

Selected building materials.................. 13 1.225 140.7 139.7 -2.4 -0.6 -0.1 0.1 -0.7

Unfinished metals related to durable

goods........................................ 14 3.554 224.7 221.7 -6.4 -2.1 0.0 -1.8 -1.3

Finished metals related to durable

goods........................................ 15 1.723 155.8 154.3 -1.3 -0.8 -0.1 -0.7 -1.0

Nonmetals related to durable goods. . . . . .. 16 1.694 111.7 111.5 0.0 -0.2 -0.3 0.2 -0.2

Capital goods................................... 2 27.551 91.8 91.4 -1.0 -0.1 -0.1 -0.3 -0.4

Electric generating equipment............... 20 3.369 119.7 119.5 0.3 0.0 -0.1 -0.3 -0.2

Nonelectrical machinery...................... 21 21.774 84.3 83.9 -1.3 -0.1 -0.1 -0.4 -0.5

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.408 136.9 136.9 0.5 0.1 0.1 0.1 0.0

Automotive vehicles, parts & engines..... 3 15.278 111.8 111.6 -1.3 0.0 0.0 -0.7 -0.2

Consumer goods, excluding

automotives.................................. 4 26.462 107.5 107.8 -0.3 -0.1 -0.1 -0.4 0.3

Nondurables, manufactured................. 40 12.561 118.7 118.9 0.8 0.1 0.2 -0.3 0.2

Durables, manufactured...................... 41 12.424 96.2 96.3 -1.5 -0.1 -0.4 -0.3 0.1

Nonmanufactured consumer goods. . . . . . .. 42 1.477 119.1 122.3 1.7 -0.5 -1.2 0.1 2.7

1 Relative importance figures are based on 2013 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: February 2014 to

February 2015

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

All commodities................................... 100.000 125.9 125.8 -5.9 -0.9 -0.9 -1.9 -0.1

Agricultural commodities....................... 9.449 199.2 195.2 -9.5 0.1 -0.7 -1.2 -2.0

All exports excluding food and fuels (Dec.

2010=100)........................................ 83.779 101.1 100.8 -1.3 -0.4 -0.1 -0.3 -0.3

Nonagricultural commodities.................. 90.551 120.5 120.7 -5.5 -1.0 -1.0 -2.0 0.2

Foods, feeds, & beverages................... 0 8.757 200.7 196.5 -8.6 0.1 -0.8 -1.7 -2.1

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.061 202.0 197.5 -9.6 0.2 -0.9 -2.0 -2.2

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.696 194.7 193.7 3.3 -1.8 1.0 2.4 -0.5

Industrial supplies & materials.............. 1 30.877 153.9 154.8 -15.3 -2.6 -2.9 -5.3 0.6

Industrial supplies & materials, durable. . .. 11.268 164.4 162.8 -4.4 -1.7 -0.1 -0.3 -1.0

Industrial supplies & materials,

nondurable.................................. 19.608 149.2 151.4 -20.4 -3.0 -4.4 -7.9 1.5

Agricultural industrial supplies &

materials..................................... 10 1.388 188.5 187.0 -8.9 -0.3 0.5 3.4 -0.8

Nonagricultural industrial supplies &

materials...................................... 29.489 152.8 153.8 -15.5 -2.6 -3.1 -5.6 0.7

Fuels & lubricants............................. 11 7.464 170.2 179.4 -36.6 -6.2 -9.0 -16.6 5.4

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 20.998 159.5 157.9 -4.9 -1.3 -0.7 -1.2 -1.0

Selected building materials.................. 13 1.027 121.6 120.0 -6.8 0.3 -0.4 0.3 -1.3

Capital goods................................... 2 37.731 107.6 107.8 0.8 0.0 0.1 0.2 0.2

Electrical generating equipment............. 20 3.828 115.0 114.7 -0.2 0.0 0.0 -0.3 -0.3

Nonelectrical machinery...................... 21 25.889 95.5 95.5 0.2 0.0 0.1 0.1 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 8.014 159.3 160.6 3.4 0.0 0.3 0.6 0.8

Automotive vehicles, parts & engines..... 3 10.128 114.0 113.7 0.1 0.0 -0.1 -0.1 -0.3

Consumer goods, excluding

automotives.................................. 4 12.507 113.5 112.9 -1.4 -0.3 -0.1 -0.7 -0.5

Nondurables, manufactured................. 40 5.599 110.3 109.0 -2.0 -0.4 0.5 -1.2 -1.2

Durables, manufactured...................... 41 5.299 110.6 110.7 -1.5 -0.2 0.0 -0.5 0.1

1 Relative importance figures are based on 2013 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: February 2014 to

February 2015

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

Nonmanufactured articles...................... 9.987 99.8 107.5 -37.8 -8.8 -14.2 -16.4 7.7

Agriculture, forestry, fishing and

hunting........................................ 11 2.066 179.3 178.2 4.1 -2.1 2.5 -3.5 -0.6

Crop production............................... 111 1.647 188.4 188.1 7.7 -2.5 3.5 -4.4 -0.2

Animal production (Dec. 2014=100)........ 112 0.237 97.7 94.3 – – – -2.3 -3.5

Forestry and logging (Dec. 2012=100)..... 113 0.116 68.4 67.3 -25.3 -1.3 0.3 0.4 -1.6

Mining............................................ 21 7.921 90.4 99.3 -42.5 -9.7 -16.6 -19.2 9.8

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.241 115.8 116.1 -7.6 -0.2 -0.1 -1.8 0.3

Manufactured articles............................ 89.671 112.7 112.3 -3.4 -0.5 -0.5 -1.4 -0.4

Manufactured goods, part 1................. 31 11.959 125.7 125.7 0.8 -0.2 -0.2 -0.3 0.0

Food manufacturing.......................... 311 3.389 157.9 158.0 -0.4 -0.7 -0.4 -1.1 0.1

Beverage and tobacco product

manufacturing............................... 312 1.073 117.4 117.3 1.7 0.0 -0.1 0.1 -0.1

Textile mills (Dec. 2011=100)............... 313 0.407 102.6 102.2 0.1 -0.1 -0.2 -0.5 -0.4

Textile product mills.......................... 314 0.888 113.6 113.1 -1.1 0.2 -0.4 -0.1 -0.4

Apparel manufacturing....................... 315 4.325 112.0 112.0 1.5 0.1 0.0 -0.1 0.0

Leather and allied product

manufacturing............................... 316 1.877 124.1 124.3 1.6 0.0 0.1 0.1 0.2

Manufactured goods, part 2................. 32 17.420 123.0 121.8 -12.1 -1.6 -1.9 -4.8 -1.0

Wood product manufacturing................ 321 0.745 120.1 118.6 -3.5 -0.9 0.1 0.3 -1.2

Paper manufacturing......................... 322 1.114 110.8 110.6 -0.1 0.0 0.4 -0.4 -0.2

Petroleum and coal products

manufacturing............................... 324 2.638 93.0 90.6 -45.0 -8.0 -8.7 -21.2 -2.6

Chemical manufacturing..................... 325 9.559 135.3 134.3 -2.2 0.0 -0.4 -1.6 -0.7

Plastics and rubber products

manufacturing............................... 326 2.193 120.9 120.2 -2.5 0.2 -0.1 -0.8 -0.6

Nonmetallic mineral product

manufacturing............................... 327 0.964 130.2 130.2 -0.2 0.1 -0.5 0.1 0.0

Manufactured goods, part 3................. 33 60.292 106.6 106.3 -1.4 -0.2 -0.2 -0.5 -0.3

Primary metal manufacturing................ 331 4.271 149.8 148.1 -4.9 -1.8 -0.2 -1.6 -1.1

Fabricated metal product manufacturing... 332 3.014 127.2 126.4 0.2 -0.2 -0.1 -0.2 -0.6

Machinery manufacturing.................... 333 7.196 119.9 119.1 -1.9 -0.1 -0.2 -0.2 -0.7

Computer and electronic product

manufacturing............................... 334 17.686 78.8 78.6 -1.9 -0.1 -0.3 -0.5 -0.3

Electrical equipment, appliance, and

component manufacturing................. 335 4.693 118.6 118.8 0.3 0.3 -0.3 -0.3 0.2

Transportation equipment manufacturing... 336 16.386 110.7 110.6 -1.0 0.0 -0.1 -0.5 -0.1

Furniture and related product

manufacturing............................... 337 1.571 116.4 116.4 1.4 0.0 -0.3 0.2 0.0

Miscellaneous manufacturing............... 339 5.475 121.0 121.1 -0.2 0.1 -0.3 -0.2 0.1

1 Relative importance figures are based on 2013 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: February 2014 to

February 2015

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

Nonmanufactured articles...................... 6.736 140.9 135.0 -25.2 2.2 0.7 -4.2 -4.2

Agriculture, forestry, fishing and

hunting........................................ 11 4.378 171.8 166.7 -15.0 2.0 0.4 -0.2 -3.0

Crop production............................... 111 4.136 178.3 172.9 -14.7 2.2 0.5 -0.3 -3.0

Mining............................................ 21 2.358 80.3 75.1 -40.5 2.7 1.1 -10.8 -6.5

Mining (except oil and gas).................. 212 1.250 92.9 90.3 -10.1 -0.1 -0.9 -2.2 -2.8

Manufactured articles............................ 91.597 115.2 115.5 -4.4 -1.0 -1.0 -1.6 0.3

Manufactured goods, part 1................. 31 7.362 149.6 148.2 -2.8 -1.0 -1.1 -1.4 -0.9

Food manufacturing.......................... 311 5.121 171.8 169.5 -2.8 -1.5 -1.5 -2.2 -1.3

Beverage and tobacco product

manufacturing............................... 312 0.609 116.8 117.6 -5.8 3.7 1.3 3.1 0.7

Manufactured goods, part 2................. 32 23.968 113.5 114.6 -14.6 -2.6 -3.6 -5.9 1.0

Paper manufacturing......................... 322 1.869 124.6 124.1 -0.7 0.0 0.2 -1.1 -0.4

Petroleum and coal products

manufacturing............................... 324 4.986 98.4 105.9 -39.6 -8.0 -11.9 -19.0 7.6

Chemical manufacturing..................... 325 13.266 121.5 120.3 -5.8 -0.9 -1.2 -2.5 -1.0

Plastics and rubber products

manufacturing............................... 326 2.231 118.9 118.3 -0.4 -0.2 -0.3 0.4 -0.5

Nonmetallic mineral product

manufacturing............................... 327 0.814 112.4 112.7 0.2 0.1 0.2 0.2 0.3

Manufactured goods, part 3................. 33 60.267 112.5 112.7 0.2 -0.3 0.1 0.1 0.2

Primary metal manufacturing................ 331 4.812 142.4 144.3 -1.4 -2.2 0.8 -0.1 1.3

Fabricated metal product manufacturing... 332 2.977 129.3 129.5 -1.7 -0.2 0.3 0.8 0.2

Machinery manufacturing.................... 333 11.341 124.7 124.7 1.1 0.2 0.2 0.2 0.0

Computer and electronic product

manufacturing............................... 334 14.288 86.9 86.9 -1.0 -0.2 0.1 0.0 0.0

Electrical equipment, appliance, and

component manufacturing................. 335 3.711 114.7 114.7 0.3 -0.2 -0.2 0.1 0.0

Transportation equipment manufacturing... 336 17.220 120.8 121.1 1.5 0.0 0.1 0.1 0.2

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.380 110.3 110.2 3.9 0.0 0.4 0.6 -0.1

Miscellaneous manufacturing............... 339 5.537 123.4 123.5 -0.2 0.2 -0.8 -0.6 0.1

1 Relative importance figures are based on 2013 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: February 2014 to

February 2015

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

Live animals; animal products................. I 1.393 194.7 195.2 0.0 -1.0 -1.6 -1.7 0.3

Meat and edible meat offal..................... 02 0.330 247.8 254.6 10.9 -1.4 -3.0 -2.8 2.7

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.712 135.7 137.3 -7.9 -1.6 -1.9 -0.9 1.2

Vegetable products............................... II 1.964 203.5 203.4 3.8 -1.9 4.8 -4.9 0.0

Edible vegetables, roots, and tubers.......... 07 0.476 404.3 398.2 21.4 -7.3 18.6 -17.4 -1.5

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.508 101.4 100.8 -7.9 4.5 -1.8 3.7 -0.6

Coffee, tea, mate and spices.................. 09 0.405 264.2 256.3 8.8 -2.7 1.2 1.7 -3.0

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.281 110.5 108.0 -3.6 -0.4 -2.7 1.3 -2.3

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.795 161.8 162.3 1.8 -0.6 0.4 -0.4 0.3

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.187 91.5 91.9 6.4 0.0 1.8 -0.2 0.4

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.252 112.2 112.7 13.6 -6.6 -0.8 2.0 0.4

Preparations of cereals, flour, starch or milk;

bakers’ wares (Dec. 2007=100)............. 19 0.281 133.8 133.5 1.7 -0.1 0.0 0.1 -0.2

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.345 164.7 164.9 -2.2 0.7 0.6 -1.6 0.1

Beverages, spirits, and vinegar................ 22 1.046 127.8 127.4 1.1 -0.1 -0.1 0.0 -0.3

Mineral products.................................. V 10.723 186.6 199.0 -42.8 -9.2 -14.8 -19.5 6.6

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.464 183.3 195.8 -43.2 -9.3 -15.1 -19.8 6.8

Products of the chemical or allied

industries........................................ VI 8.699 149.1 148.1 -2.5 -0.1 -0.3 -2.1 -0.7

Inorganic chemicals............................. 28 0.705 318.2 302.9 0.3 2.5 -0.5 -6.1 -4.8

Organic chemicals............................... 29 2.466 124.5 122.6 -11.0 -0.6 -1.3 -5.5 -1.5

Pharmaceutical products....................... 30 3.449 135.5 136.2 2.5 0.1 0.4 0.5 0.5

Fertilizers (Dec. 2009=100).................... 31 0.401 116.8 116.1 7.3 -1.5 1.5 0.0 -0.6

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.215 104.4 104.5 4.0 -0.2 -0.5 -0.9 0.1

Miscellaneous chemical products............. 38 0.551 90.7 90.2 -3.3 -0.6 -0.5 -1.1 -0.6

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.456 144.9 143.7 -3.6 0.1 -0.4 -0.7 -0.8

Plastics and articles thereof.................... 39 2.251 149.5 148.2 -0.8 0.1 -0.8 0.1 -0.9

Rubber and articles thereof.................... 40 1.205 138.5 137.4 -8.2 0.1 0.4 -2.2 -0.8

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.719 128.3 128.4 0.8 -0.1 0.2 0.2 0.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.669 130.7 130.7 1.5 -0.1 0.2 0.2 0.0

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.771 145.5 143.9 -3.4 -0.9 0.0 0.2 -1.1

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.734 100.2 99.0 – – – 0.2 -1.2

Woodpulp, recovered paper, and paper

products......................................... X 1.162 113.1 113.1 -0.8 0.0 0.3 -0.2 0.0

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.774 107.1 106.9 -0.3 -0.2 0.1 0.2 -0.2

Textile and textile articles....................... XI 5.462 114.8 114.8 1.0 0.1 -0.2 -0.1 0.0

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2014 to

February 2015 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.176 103.9 103.9 1.7 0.1 0.0 -0.1 0.0

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.958 120.3 120.4 1.3 0.2 -0.1 0.0 0.1

Made-up or worn textile articles............... 63 0.640 107.4 106.8 -1.0 0.2 -0.1 -0.2 -0.6

Headgear, umbrellas, artifical flowers, etc... XII 1.485 122.7 122.8 1.4 0.0 0.1 0.0 0.1

Footwear and parts of such articles........... 64 1.293 122.0 122.2 1.4 0.0 0.1 0.0 0.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.895 132.2 132.1 -0.8 0.1 -0.5 -0.2 -0.1

Ceramic products................................ 69 0.268 138.6 137.9 -2.1 -0.1 -1.6 -0.5 -0.5

Glass and glassware............................ 70 0.312 129.0 129.0 -0.9 -0.2 -0.1 -0.2 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.077 173.6 176.2 -1.3 -2.2 0.3 0.4 1.5

Base metals and articles of base metals. . .. XV 5.565 177.6 174.4 -3.6 -0.7 -0.7 -1.6 -1.8

Iron and steel.................................... 72 1.263 212.5 202.9 -8.3 -1.4 -1.1 -2.2 -4.5

Articles of iron or steel.......................... 73 1.714 152.5 150.9 -0.9 -0.6 -0.8 -0.7 -1.0

Copper and articles thereof.................... 74 0.480 301.5 285.6 -17.4 -1.6 -1.0 -3.5 -5.3

Aluminum and articles thereof................. 76 0.772 138.2 139.2 2.4 1.1 -1.4 -2.7 0.7

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.445 128.9 128.9 -0.1 0.0 0.0 -0.1 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.517 138.0 138.1 1.7 0.0 0.1 -0.1 0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 29.789 83.4 83.1 -1.5 -0.2 -0.2 -0.4 -0.4

Machinery and mechanical appliances;

parts thereof................................... 84 15.147 88.6 88.2 -1.2 0.0 -0.2 -0.4 -0.5

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.642 78.3 78.3 -1.8 -0.3 -0.4 -0.5 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.727 114.9 114.9 -0.9 -0.1 -0.1 -0.4 0.0

Motor vehicles and their parts................. 87 12.402 113.5 113.5 -1.0 -0.1 -0.1 -0.5 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.232 120.2 120.2 -0.2 0.0 0.0 0.0 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.887 104.1 104.0 -0.2 0.2 0.2 -0.3 -0.1

Optical, photographic, measuring and

medical instruments.......................... 90 3.565 100.9 100.7 -0.2 0.0 0.2 -0.2 -0.2

Clocks and watches and parts thereof. . . . . .. 91 0.260 142.3 142.9 -0.4 1.7 -0.1 -0.7 0.4

Miscellaneous manufactured articles......... XX 4.041 113.9 113.8 0.7 0.1 0.1 -0.2 -0.1

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.442 118.9 118.6 1.4 0.3 0.1 0.1 -0.3

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.340 105.1 105.1 -0.3 0.2 0.0 -0.7 0.0

Miscellaneous manufactured articles. . . . . . . .. 96 0.259 135.7 135.6 -0.3 -0.7 0.0 0.6 -0.1

1 Relative importance figures are based on 2013 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: February 2014 to

February 2015

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

Live animals; animal products................. I 2.082 221.2 215.6 -5.0 -2.3 -4.6 -4.5 -2.5

Meat & edible meat offal (Dec. 2006=100)... 02 1.260 177.4 173.5 3.6 -1.3 -5.1 -4.4 -2.2

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.410 215.0 213.8 5.0 -1.5 2.4 1.6 -0.6

Vegetable products............................... II 4.193 223.0 215.8 -12.6 2.0 1.2 -1.0 -3.2

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.174 184.6 182.3 -4.7 -5.4 4.4 -1.7 -1.2

Cereals............................................ 10 1.101 219.8 207.5 -14.2 6.3 3.4 -3.5 -5.6

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.498 224.9 215.6 -19.5 6.0 -2.8 1.4 -4.1

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.219 104.9 97.0 -12.8 -1.5 0.7 0.3 -7.5

Prepared foodstuffs, beverages,and

tobacco........................................... IV 3.066 162.3 161.8 -3.1 -0.1 0.7 -0.1 -0.3

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.400 118.5 118.4 3.1 -0.2 0.0 0.9 -0.1

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.508 110.2 110.3 -0.3 2.0 -1.2 -0.5 0.1

Residues and waste from the food

industries; prepared animal feed............ 23 0.808 244.7 244.0 -11.5 -0.3 5.0 0.5 -0.3

Mineral products.................................. V 7.411 198.0 204.1 -38.6 -5.6 -8.7 -16.2 3.1

Ores, slag and ash (Dec. 2012=100)......... 26 0.498 89.8 88.7 -4.4 -0.1 -2.1 -3.9 -1.2

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 6.726 189.9 196.7 -40.7 -6.0 -9.4 -17.3 3.6

Products of the chemical or allied

industries........................................ VI 10.818 143.6 142.7 -4.5 -0.7 -0.7 -1.9 -0.6

Inorganic chemicals............................. 28 0.832 173.0 174.0 -1.0 -0.4 1.1 -0.3 0.6

Organic chemicals............................... 29 2.919 145.8 144.5 -11.2 -1.7 -3.8 -5.7 -0.9

Pharmaceutical products....................... 30 2.608 113.5 111.4 -3.5 -0.6 0.9 -1.0 -1.9

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.783 136.3 135.9 2.0 -0.2 0.0 2.5 -0.3

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.489 117.1 113.7 -6.3 -0.8 0.0 -0.1 -2.9

Miscellaneous chemical products............. 38 1.875 151.6 152.8 -2.7 -0.1 0.7 -1.6 0.8

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.255 146.6 144.2 -3.8 -1.0 -0.6 -1.3 -1.6

Plastics and articles thereof.................... 39 4.284 141.9 139.8 -3.5 -0.8 -0.6 -1.5 -1.5

Rubber and articles thereof.................... 40 0.971 166.1 162.9 -5.3 -1.7 -0.7 -0.7 -1.9

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.445 150.0 148.7 -3.3 -1.3 -3.0 -2.0 -0.9

Raw hides and skins other than furskins

and leather (Dec.2014=100)................. 41 0.276 97.1 96.4 – – – -2.9 -0.7

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.635 101.0 100.5 – – – 1.0 -0.5

Woodpulp, recovered paper, and paper

products......................................... X 2.244 124.9 123.4 -1.7 -0.2 0.3 -0.9 -1.2

Woodpulp and recovered paper............... 47 0.634 127.3 122.6 -6.3 -0.2 0.5 -1.9 -3.7

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.202 124.0 123.7 -0.2 -0.2 0.2 -0.7 -0.2

Printed material (Dec. 2014=100)............. 49 0.408 100.3 100.3 – – – 0.3 0.0

Textile and textile articles....................... XI 1.788 123.6 122.9 -9.6 -1.3 -0.8 -0.9 -0.6

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2014 to

February 2015 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb.

2014 to

Feb.

2015

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Jan.

2015 to

Feb.

2015

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.455 119.8 117.7 -23.6 -3.0 -2.2 -1.5 -1.8

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.814 122.4 122.4 2.7 0.1 0.2 1.7 0.0

Glass and glassware............................ 70 0.421 99.4 99.4 1.6 0.1 0.4 0.5 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.762 236.2 240.6 -0.6 -2.4 0.4 -0.2 1.9

Base metals and articles of base metals. . .. XV 5.330 157.9 154.5 -6.6 -0.9 -0.7 -1.3 -2.2

Iron and steel.................................... 72 1.320 178.9 167.2 -10.3 -3.2 -2.4 -0.1 -6.5

Copper and articles thereof.................... 74 0.518 192.7 182.9 -21.4 0.2 -2.3 -4.5 -5.1

Aluminum and articles thereof................. 76 0.905 120.7 119.5 -2.0 0.1 0.1 -3.2 -1.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.329 147.7 147.7 0.5 0.0 0.0 0.4 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.820 97.5 97.5 0.3 -0.1 0.1 0.2 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 17.273 113.5 113.8 1.3 -0.1 -0.1 0.4 0.3

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.547 80.1 79.9 -1.2 0.0 0.3 0.0 -0.2

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.376 130.4 130.3 0.9 0.0 0.1 0.2 -0.1

Motor vehicles and their parts................. 87 8.970 115.0 114.7 0.1 -0.1 0.0 -0.2 -0.3

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.147 107.4 107.4 0.0 -0.2 0.0 -0.2 0.0

Miscellaneous manufactured articles......... XX 1.468 110.9 111.3 0.8 -0.4 0.1 0.1 0.4

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.832 122.7 123.3 1.5 -0.7 0.1 0.2 0.5

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.475 89.7 89.8 0.2 0.0 0.0 0.1 0.1

1 Relative importance figures are based on 2013 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: February 2014 to February 2015

[2000=100, unless otherwise noted]

Description

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb. 2014

to Feb.

2015

Oct. 2014

to Nov.

2014

Nov. 2014

to Dec.

2014

Dec. 2014

to Jan.

2015

Jan. 2015

to Feb.

2015

Industrialized Countries2

.................... 100.000 122.7 122.5 -8.4 -1.2 -2.0 -2.4 -0.2

Nonmanufactured articles................... 8.561 150.2 157.9 -39.5 -7.5 -16.8 -10.8 5.1

Manufactured articles........................ 90.920 120.1 119.4 -3.5 -0.4 -0.2 -1.5 -0.6

Other Countries3

.............................. 100.000 124.3 125.4 -9.5 -2.1 -2.5 -3.1 0.9

Nonmanufactured articles................... 11.092 204.7 224.6 -34.9 -9.2 -13.3 -16.1 9.7

Manufactured articles........................ 88.681 106.8 106.5 -3.4 -0.5 -0.3 -1.2 -0.3

Canada.......................................... 100.000 130.1 130.4 -17.2 -3.2 -5.6 -3.8 0.2

Nonmanufactured articles................... 23.474 144.0 151.5 -40.1 -7.5 -17.3 -10.8 5.2

Manufactured articles........................ 75.701 130.4 129.0 -5.0 -1.2 -0.8 -1.4 -1.1

European Union4

.............................. 100.000 135.2 133.9 -2.7 0.4 -0.4 -1.4 -1.0

Manufactured articles........................ 99.236 131.6 130.3 -2.6 0.5 -0.4 -1.3 -1.0

France (Dec. 2003=100)...................... 100.000 123.0 122.4 -0.7 -0.1 -0.3 0.2 -0.5

Germany (Dec. 2003=100)................... 100.000 118.2 117.7 -0.5 -0.4 -0.3 0.1 -0.4

United Kingdom (Dec. 2003=100).......... 100.000 120.5 120.8 -6.6 -2.8 0.1 -5.3 0.2

Latin America5

................................. 100.000 148.1 149.6 -13.7 -2.6 -3.9 -4.5 1.0

Nonmanufactured articles................... 17.508 212.8 230.9 -36.7 -8.8 -13.6 -17.5 8.5

Manufactured articles........................ 82.081 126.2 125.5 -4.7 -0.3 -0.6 -1.3 -0.6

Mexico (Dec. 2003=100)...................... 100.000 131.4 131.8 -6.4 -1.2 -2.0 -2.4 0.3

Nonmanufactured articles (Dec.

2008=100).................................. 9.762 119.3 126.1 -33.5 -7.7 -12.7 -17.2 5.7

Manufactured articles (Dec. 2008=100). .. 89.931 91.8 91.6 -1.3 0.0 -0.1 -0.5 -0.2

Pacific Rim (Dec. 2003=100)6

............... 100.000 101.3 101.2 -1.7 -0.2 -0.2 -0.5 -0.1

China (Dec. 2003=100)....................... 100.000 103.5 103.3 -0.6 -0.1 0.1 -0.2 -0.2

Japan............................................ 100.000 97.3 97.1 -1.9 -0.1 -0.5 -0.6 -0.2

Asian NICs7..................................... 100.000 87.7 87.7 -2.0 -0.2 -0.3 -0.7 0.0

ASEAN (Dec. 2003=100)8.................... 100.000 100.4 100.1 -4.0 -0.5 -0.2 -1.1 -0.3

Asia Near East (Dec. 2003=100)9

........... 100.000 180.1 194.4 -26.6 -6.7 -11.7 -10.4 7.9

1 Relative importance figures are based on 2013 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: February

2014 to February 2015

[2000=100, unless otherwise noted]

Description

Relative

importance

Jan.

20151

Index Percent change

Jan.

2015

Feb.

2015

Annual Monthly

Feb. 2014

to Feb.

2015

Oct. 2014

to Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan. 2015

Jan. 2015

to Feb.

2015

Air Freight

Import Air Freight.................................... 100.000 168.1 164.4 -6.7 -1.3 -1.7 0.6 -2.2

Europe (Dec. 2003=100).......................... 26.746 162.1 153.9 -15.3 -1.4 -2.3 -2.7 -5.1

Asia.................................................. 67.931 148.2 146.4 -3.4 -1.4 -1.6 2.0 -1.2

Export Air Freight................................... 100.000 160.4 157.6 4.2 -0.2 -1.6 2.9 -1.7

Europe (Dec. 2006=100).......................... 35.300 147.4 144.9 6.6 -0.1 -1.3 4.5 -1.7

Inbound Air Freight................................. 100.000 160.7 158.3 -2.9 -0.7 -1.9 1.3 -1.5

Europe (Dec. 2003=100).......................... 26.469 148.3 142.8 -10.6 -1.4 -2.0 -1.3 -3.7

Asia.................................................. 60.465 145.6 144.5 0.1 -0.7 -2.1 2.5 -0.8

Outbound Air Freight............................... 100.000 151.4 150.8 1.9 -0.1 -0.3 -0.6 -0.4

Europe (Dec. 2003=100).......................... 32.968 170.6 170.5 2.8 0.0 0.0 -0.9 -0.1

Asia.................................................. 43.901 142.5 141.4 0.6 -0.2 -0.6 -0.9 -0.8

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 201.1 196.0 -0.6 1.0 7.9 -6.8 -2.5

Europe............................................... 47.752 235.4 241.8 8.1 2.8 0.8 3.1 2.7

Asia.................................................. 24.135 147.5 138.3 -9.7 -0.9 16.2 -14.4 -6.2

Latin America/Caribbean.......................... 9.612 165.3 166.0 0.2 -1.6 10.6 -11.2 0.4

Export Air Passenger Fares....................... 100.000 189.2 162.2 -5.9 -5.0 8.3 0.4 -14.3

Europe............................................... 26.702 213.4 209.8 -0.2 -6.4 4.2 -5.4 -1.7

Asia.................................................. 28.363 167.2 137.3 -4.3 0.8 7.2 2.5 -17.9

Latin America/Caribbean.......................... 23.267 198.3 177.8 -10.8 -1.9 10.6 -0.8 -10.3

1 Relative importance figures are based on 2013 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.