U.S.IMPORT AND EXPORT PRICE INDEXES – JUNE 2022 

Prices for U.S. imports increased 0.2 percent in June following a 0.5-percent advance the previous month, 

the U.S. Bureau of Labor Statistics reported today. Higher import fuel prices in June more than offset lower 

nonfuel prices. U.S. export prices rose 0.7 percent in June, after increasing 2.9 percent in May. 

Chart 1. One-month and 12-month percent changes in the Import Price Index: June 2021 – June 2022

Imports 

The price index for U.S. imports advanced 0.2 percent in June following a 0.5-percent increase in May and a 

0.4-percent rise in April. U.S. import prices last recorded a monthly decline in December 2021. The 1.2-

percent advance for the second quarter of 2022 was the smallest 3-month increase since a 0.5-percent rise 

for the third quarter of 2021. Prices for U.S. imports advanced 10.7 percent over the past year. (See table 1.)

Fuel Imports: Prices for import fuel rose 5.7 percent in June, after increasing 6.5 percent the previous 

month. Import fuel prices have not declined on a monthly basis since December 2021. The price index for 

import fuel advanced 73.9 percent for the year ended in June, the largest 12-month increase since an 87.0-

percent rise in November 2021. Higher prices for petroleum and natural gas in June both contributed to the 

rise in import fuel prices. Petroleum prices advanced 5.0 percent in June following a 5.8-percent increase in 

May. Prices for natural gas rose 18.2 percent in June and 22.9 percent in May. Petroleum and natural gas 

prices advanced from June 2021 to June 2022, increasing 70.6 percent and 165.5 percent, respectively. The 

12-month rise in natural gas prices was the largest over-the-year advance since March 2003.

1.1

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0.4

1.5

0.7

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2.0 1.8

2.9

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10.2

9.0 9.3

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4.0

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8.0

10.0

12.0

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Jun'21 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun'22

1-month percent change 12-month percent change

Transmission of material in this release is embargoed until

8:30 a.m. (ET) Friday, July 15, 2022 

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

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

USDL-22-1473
2

All Imports Excluding Fuel: Nonfuel import prices declined for the second consecutive month, decreasing 

0.5 percent in June following a 0.3-percent drop in May. The June decline was the largest 1-month decrease 

since the index fell 0.5 percent in April 2020. Lower prices for nonfuel industrial supplies and materials; 

consumer goods; and foods, feeds, and beverages in June more than offset higher capital goods prices. 

Despite the recent declines, import prices excluding fuel increased 4.6 percent over the past 12 months. The 

over-the-year rise in June was the smallest 12-month advance since March 2021. 

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages decreased 0.7 percent in June, after 

falling 0.6 percent in May. The June decline was the largest 1-month drop since November 2020. The 

decrease in June was led by a 3.9-percent drop in prices for fish and shellfish, the largest 1-month decline

since monthly percent changes were first published in January 1994. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 2.2 percent 

in June following a 1.7-percent decline in May. The June drop was the largest monthly decrease since the 

index declined 3.3 percent in April 2020. The decrease in June was driven by lower prices for unfinished 

metals and selected building materials. 

Finished Goods: Prices for the major finished goods categories were mixed in June. Consumer goods prices 

decreased 0.3 percent, after falling 0.2 percent in May. The June drop was the largest 1-month decline since 

March 2020. In contrast, capital goods prices rose 0.2 percent for the second consecutive month in June. 

The June advance in capital goods prices was led by a 2.0-percent increase in semiconductor prices. Prices 

for automotive vehicles were unchanged in June, after rising 0.4 percent in May. 

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

Chart 2. One-month and 12-month percent changes in the Export Price Index: June 2021 – June 2022

Exports 

Prices for U.S. exports rose 0.7 percent in June, after advancing 2.9 percent the previous month. Higher 

nonagricultural prices in June more than offset lower agricultural prices. U.S. export prices increased 18.2 

percent from June 2021 to June 2022. (See table 2.)

Agricultural Exports: Export agricultural prices fell 0.3 percent in June following a 2.2-percent increase in 

May. The June decline was the first monthly drop since the index declined 1.5 percent in September 2021. 

Lower prices for corn, other animal feeds, and cotton in June more than offset higher soybean prices. 

Despite the June decrease, the price index for agricultural exports advanced 14.8 percent over the past year. 

All Exports Excluding Agriculture: The price index for nonagricultural exports increased 0.9 percent in 

June, after advancing 3.0 percent the previous month. Prices for nonagricultural exports have not declined 

on a monthly basis since falling 1.9 percent in December 2021. Higher prices for nonagricultural industrial 

supplies and materials in June more than offset lower prices for nonagricultural food, capital goods, and 

consumer goods. Nonagricultural export prices rose 18.7 percent for the year ended in June. 

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials prices 

increased 1.8 percent in June following a 6.0-percent advance in May. Higher fuel prices drove the increase 

for the second consecutive month. Export fuel prices rose 4.3 percent in June, after advancing 13.2 percent 

in May. 

Finished Goods: Prices for most of the major finished goods categories decreased in June. The price index 

for capital goods edged down 0.1 percent, the first monthly decline for the index since a 0.2-percent drop in 

November 2020. The decline in June was led by lower prices for scientific and medical machinery. 

Consumer goods prices also decreased 0.1 percent in June, after a 0.3-percent drop the previous month. The 

June decline was driven by lower prices for medical, dental, and pharmaceutical materials. The price index 

for automotive vehicles was unchanged in June following a 0.3-percent increase in May.

More information for the major import and export price indexes can be found at 

www.bls.gov/web/ximpim/largest.htm. 

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2.8 3.2 3.9

0.8

2.9

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16.8

18.4 18.0 18.7

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2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0

22.0

Jun'21 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun'22

1-month percent change 12-month percent change
4

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Import prices from China declined 0.2 percent in June, after no change the 

previous month. The June decrease was the first monthly drop since the index edged down 0.1 percent in 

October 2020. Prices for imports from China advanced 3.6 percent over the past 12 months, the smallest 

over-the-year increase since the index rose 3.6 percent in July 2021. The price index for imports from Japan 

was unchanged in June following a 0.1-percent decline in May. Import prices from Japan increased 1.7 

percent from June 2021 to June 2022. Prices for imports from Canada advanced 0.8 percent in June and 

import prices from Mexico rose 0.3 percent. The price index for imports from Canada increased 24.7 

percent for the year ended in June and import prices from Mexico advanced 9.4 percent over the same 

period. Import prices from the European Union were unchanged in June and rose 5.3 percent over the past 

year. (See table 7.) 

Exports by Locality of Destination: Prices for exports to China increased 1.4 percent in June, after rising 

1.9 percent in May. The price index for exports to China advanced 15.7 percent for the year ended in June. 

In contrast, export prices to Japan fell 0.8 percent in June following a 2.4-percent increase the previous 

month. Despite the June decline, prices for exports to Japan rose 15.7 percent over the past 12 months. The 

price indexes for exports to Canada and Mexico both advanced in June, increasing 0.7 percent and 1.9 

percent, respectively. Export prices to Canada increased 16.3 percent from June 2021 to June 2022 and 

prices for exports to Mexico rose 20.6 percent over the same period. Export prices to the European Union 

advanced 0.7 percent in June and 12.7 percent over the past year. (See table 8.)

Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure 

the change in the purchasing power of exports relative to imports. U.S. terms of trade with China rose 1.7 

percent in June, after a 1.9-percent increase the previous month. Higher export prices to China and lower 

import prices from China both contributed to the June advance in U.S. terms of trade with China. The index 

for U.S. terms of trade with China rose 11.7 percent over the past year. U.S. terms of trade with Japan 

decreased 0.9 percent in June and advanced 13.7 percent over the past 12 months. U.S. terms of trade with 

Canada also fell in June, edging down 0.1 percent. The index for U.S. terms of trade with Canada decreased 

6.7 percent for the year ended in June. In contrast, U.S. terms of trade with Mexico and the European Union 

rose in June, increasing 1.6 percent and 0.7 percent, respectively. (See table 9.)

Import and Export Services

Imports: Import air passenger fares increased 10.1 percent in June, after advancing 3.2 percent in May and 

3.6 percent in April. The June increase was the largest advance since the index rose 10.7 percent in 

September 2018. Higher European fares, Latin American/Caribbean fares, and Asian fares all contributed to 

the June rise. The index for import air passenger fares increased 12.8 percent for the year ended in June. 

Prices for import air freight advanced 6.4 percent in June following a 4.0-percent increase in May. The June 

rise was the largest advance since the index increased 13.9 percent in November 2021. Import air freight 

prices rose 9.4 percent over the past 12 months. (See table 10.)

Exports: Export air passenger fares advanced 5.3 percent in June, after increasing 2.6 percent the previous 

month. Higher Latin American/Caribbean fares, European fares, and Asian fares all contributed to the June 

increase. The index for export air passenger fares rose 12.0 percent from June 2021 to June 2022. Prices for 

export air freight declined 2.9 percent in June and increased 22.5 percent over the past 12 months. The June 

decrease was the first monthly drop since July 2021 and the largest 1-month decline since the index fell 6.7 

percent in October 2020. 

 

U.S. Import and Export Price Index data for July 2022 are scheduled for release on Friday, August 12, 2022 at 

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

2022

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

All commodities................................... 100.000 148.2 148.5 10.7 2.9 0.4 0.5 0.2

All imports excluding food and fuels (Dec.

2010=100)........................................ 80.281 110.4 109.8 4.4 1.3 0.3 -0.3 -0.5

All imports excluding petroleum.............. 87.914 126.6 126.1 5.4 1.1 0.5 -0.2 -0.4

All imports excluding fuels (Dec.

2001=100)........................................ 87.076 129.9 129.2 4.6 1.2 0.3 -0.3 -0.5

Foods, feeds, & beverages................... 0 6.795 211.5 210.1 8.7 0.3 0.9 -0.6 -0.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 5.382 228.7 228.6 9.5 0.2 1.3 -0.9 0.0

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.413 173.2 168.4 5.9 0.8 -0.7 0.6 -2.8

Industrial supplies & materials.............. 1 31.973 303.1 306.0 30.0 9.3 0.7 1.5 1.0

Industrial supplies & materials excluding

petroleum.................................... 19.928 233.3 230.3 13.2 4.0 1.0 -0.8 -1.3

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 18.767 255.3 249.6 8.9 4.6 0.6 -1.7 -2.2

Industrial supplies & materials, durable. . .. 12.896 250.1 240.4 2.2 6.1 0.0 -2.5 -3.9

Industrial supplies & materials nondurable

excluding petroleum....................... 6.991 212.3 219.2 33.8 0.2 2.9 2.4 3.3

Fuels & lubricants............................. 10 12.924 409.8 433.0 73.9 17.8 0.8 6.5 5.7

Petroleum & petroleum products......... 100 12.086 434.9 456.5 70.6 20.0 0.3 5.8 5.0

Crude petroleum........................... 10000 8.331 448.7 467.8 65.9 20.3 1.5 3.3 4.3

Fuels, n.e.s.-coals & gas.................. 101 0.838 341.3 395.5 141.2 -8.4 10.4 19.3 15.9

Natural gas.................................. 10110 0.713 344.1 406.7 165.5 -9.5 13.0 22.9 18.2

Paper & paper base stocks.................. 11 0.486 132.4 137.3 12.6 -0.7 3.7 1.4 3.7

Materials associated with nondurable

supplies & materials....................... 12 5.668 222.7 224.8 24.1 1.6 2.0 0.0 0.9

Selected building materials.................. 13 2.091 233.1 214.7 -18.2 4.6 -5.9 0.9 -7.9

Unfinished metals related to durable

goods........................................ 14 5.818 398.9 380.2 6.6 9.3 1.9 -3.9 -4.7

Finished metals related to durable

goods........................................ 15 3.291 219.5 214.9 12.5 4.4 -0.5 -3.5 -2.1

Nonmetals related to durable goods. . . . . .. 16 1.695 128.2 129.1 9.3 0.6 1.4 0.6 0.7

Capital goods................................... 2 24.900 92.9 93.1 4.0 0.4 0.5 0.2 0.2

Electric generating equipment............... 20 3.117 128.6 128.8 5.8 1.4 0.9 0.3 0.2

Nonelectrical machinery...................... 21 20.232 84.3 84.4 3.7 0.2 0.5 0.2 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 1.551 143.0 143.5 3.6 0.4 0.3 1.3 0.3

Automotive vehicles, parts & engines..... 3 11.989 115.6 115.6 3.0 0.1 0.2 0.4 0.0

Consumer goods, excluding

automotives.................................. 4 24.344 110.3 110.0 2.0 0.3 0.0 -0.2 -0.3

Nondurables, manufactured................. 40 12.311 124.9 124.8 0.3 0.0 -0.2 -0.2 -0.1

Durables, manufactured...................... 41 11.307 95.7 95.2 3.3 0.4 0.2 -0.1 -0.5

Nonmanufactured consumer goods. . . . . . .. 42 0.726 135.2 132.3 9.7 1.8 0.1 0.1 -2.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: June 2021 to June

2022

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

All commodities................................... 100.000 165.0 166.2 18.2 3.9 0.8 2.9 0.7

Agricultural commodities....................... 12.156 264.9 264.0 14.8 4.5 1.2 2.2 -0.3

All exports excluding food and fuels (Dec.

2010=100)........................................ 65.141 116.2 115.7 5.1 1.2 1.1 -0.2 -0.4

Nonagricultural commodities.................. 87.844 157.5 158.9 18.7 3.8 0.9 3.0 0.9

Foods, feeds, & beverages................... 0 11.150 268.3 266.7 13.4 4.9 1.0 2.3 -0.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 10.691 269.5 268.9 13.8 5.1 1.0 2.4 -0.2

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.459 248.4 225.8 3.0 0.6 0.2 0.9 -9.1

Industrial supplies & materials.............. 1 46.013 256.2 260.6 36.7 7.1 1.1 5.9 1.7

Industrial supplies & materials, durable. . .. 10.300 229.5 223.9 6.6 3.7 1.9 -2.4 -2.4

Industrial supplies & materials,

nondurable.................................. 35.713 261.0 268.7 48.4 8.2 0.9 8.5 3.0

Agricultural industrial supplies &

materials..................................... 10 1.465 244.5 242.1 22.0 0.6 2.5 0.9 -1.0

Nonagricultural industrial supplies &

materials..................................... 44.548 256.7 261.4 37.3 7.3 1.1 6.0 1.8

Fuels & lubricants............................. 11 23.708 363.6 379.4 82.8 12.3 -0.1 13.2 4.3

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.956 214.5 212.2 5.8 2.7 2.2 -1.2 -1.1

Selected building materials.................. 13 0.883 171.7 170.9 13.2 4.3 2.4 -0.2 -0.5

Capital goods................................... 2 26.343 118.3 118.2 4.2 0.4 0.5 0.3 -0.1

Electrical generating equipment............. 20 2.924 131.3 131.4 7.2 -0.1 0.4 -0.1 0.1

Nonelectrical machinery...................... 21 19.148 100.3 100.1 4.1 0.5 0.6 0.3 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 4.271 195.5 195.4 3.0 0.4 0.4 0.2 -0.1

Automotive vehicles, parts & engines..... 3 6.948 120.4 120.4 4.5 0.8 0.8 0.3 0.0

Consumer goods, excluding

automotives.................................. 4 9.546 116.5 116.4 3.3 0.8 0.5 -0.3 -0.1

Nondurables, manufactured................. 40 5.039 110.3 109.9 -0.3 0.2 0.2 -0.4 -0.4

Durables, manufactured...................... 41 3.624 113.4 113.7 4.1 0.8 0.9 -0.1 0.3

Nonmanufactured consumer goods (Dec.

2018=100)................................... 42 0.883 126.3 126.3 22.1 5.0 0.0 0.2 0.0

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected industries: June 2021 to June 2022

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Nonmanufacturing................................ 11.549 199.4 206.7 58.1 13.0 2.0 3.4 3.7

Agriculture, forestry, fishing and

hunting........................................ 11 2.219 219.9 213.5 14.4 -1.3 1.0 -0.6 -2.9

Crop production............................... 111 1.802 229.8 225.7 14.9 -2.3 0.6 -0.1 -1.8

Mining............................................ 21 9.330 209.8 220.8 72.6 17.3 2.2 4.4 5.2

Oil and gas extraction........................ 211 9.066 210.7 221.9 73.6 17.9 2.2 4.5 5.3

Manufacturing..................................... 88.089 126.0 125.7 6.3 1.8 0.2 0.2 -0.2

Manufacturing, part 1......................... 31 10.773 138.2 138.5 5.2 0.6 0.5 -0.1 0.2

Food manufacturing.......................... 311 4.043 187.8 189.1 9.1 1.4 1.1 -0.7 0.7

Beverage and tobacco product

manufacturing............................... 312 1.043 134.4 134.3 1.3 0.8 0.4 -0.1 -0.1

Textile mills (Dec. 2011=100)............... 313 0.393 127.1 127.0 22.0 1.0 0.1 1.0 -0.1

Textile product mills.......................... 314 1.424 112.0 111.7 1.7 -0.6 -0.1 0.4 -0.3

Apparel manufacturing....................... 315 2.755 116.4 116.7 3.1 0.0 0.2 0.3 0.3

Leather and allied product

manufacturing............................... 316 1.114 127.5 127.1 1.6 -0.1 0.2 0.0 -0.3

Manufacturing, part 2......................... 32 21.098 159.1 159.7 12.9 3.7 -0.8 1.9 0.4

Wood product manufacturing (Dec.

2019=100)................................... 321 1.395 209.2 179.3 -31.0 7.4 -11.6 1.7 -14.3

Paper manufacturing......................... 322 0.931 120.6 122.9 6.8 -0.4 2.1 0.6 1.9

Petroleum and coal products

manufacturing............................... 324 3.373 186.8 198.6 81.2 20.2 -2.9 12.6 6.3

Chemical manufacturing..................... 325 11.954 161.9 162.3 9.3 0.8 0.5 -0.2 0.2

Plastics and rubber products

manufacturing............................... 326 2.395 132.5 133.1 7.6 0.5 1.1 0.2 0.5

Nonmetallic mineral product

manufacturing............................... 327 0.892 141.2 141.4 5.8 0.2 0.6 0.2 0.1

Manufacturing, part 3......................... 33 56.219 113.8 113.2 4.3 1.4 0.4 -0.4 -0.5

Primary metal manufacturing................ 331 7.359 256.5 247.9 6.6 7.8 1.4 -4.1 -3.4

Fabricated metal product manufacturing... 332 3.123 153.5 151.1 10.1 2.0 0.3 0.6 -1.6

Machinery manufacturing.................... 333 6.522 127.0 126.9 3.8 0.5 0.4 0.2 -0.1

Computer and electronic product

manufacturing............................... 334 15.233 74.1 74.2 2.5 0.1 0.1 0.1 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 5.131 127.0 127.1 7.1 0.7 0.7 0.1 0.1

Transportation equipment manufacturing... 336 12.422 114.3 114.3 2.3 0.1 0.1 0.3 0.0

Furniture and related product

manufacturing............................... 337 1.738 126.9 126.2 6.8 0.0 0.2 0.2 -0.6

Miscellaneous manufacturing............... 339 4.690 127.1 126.7 5.1 1.5 0.9 -0.1 -0.3

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected industries: June 2021 to June 2022

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Nonmanufacturing................................ 21.125 250.1 255.7 52.3 7.2 0.1 7.8 2.2

Agriculture, forestry, fishing and

hunting........................................ 11 6.903 246.6 243.7 19.2 6.8 0.3 2.4 -1.2

Crop production............................... 111 6.679 262.2 260.1 20.5 7.3 0.4 2.6 -0.8

Mining............................................ 21 14.222 166.1 172.7 75.0 7.4 0.1 10.6 4.0

Oil and gas extraction (Dec. 2021=100). .. 211 12.661 149.1 156.4 – 7.1 -1.6 12.3 4.9

Mining (except oil and gas).................. 212 1.561 190.1 183.2 67.6 10.6 12.5 -1.0 -3.6

Manufacturing..................................... 77.005 141.2 141.8 12.3 3.1 0.9 1.9 0.4

Manufacturing, part 1......................... 31 6.710 179.2 178.7 10.2 1.6 1.9 1.9 -0.3

Food manufacturing.......................... 311 5.114 212.5 211.3 11.7 1.8 2.3 2.3 -0.6

Beverage and tobacco product

manufacturing............................... 312 0.506 144.2 147.3 5.6 2.5 0.7 0.6 2.1

Manufacturing, part 2......................... 32 27.753 162.3 164.9 26.1 7.1 0.9 5.4 1.6

Wood product manufacturing (Dec.

2017=100)................................... 321 0.490 143.6 143.1 8.5 5.3 0.0 0.2 -0.3

Paper manufacturing......................... 322 1.450 145.9 147.9 9.5 -0.4 1.8 1.0 1.4

Petroleum and coal products

manufacturing............................... 324 9.703 229.3 239.5 95.5 22.1 -0.8 16.9 4.4

Chemical manufacturing..................... 325 13.432 144.9 144.9 3.9 1.1 1.9 0.0 0.0

Plastics and rubber products

manufacturing............................... 326 1.874 129.4 130.4 9.0 1.3 0.4 -0.3 0.8

Nonmetallic mineral product

manufacturing............................... 327 0.662 134.7 134.5 8.8 1.6 2.6 0.2 -0.1

Manufacturing, part 3......................... 33 42.542 127.0 126.5 4.9 1.0 0.8 -0.1 -0.4

Primary metal manufacturing................ 331 4.223 230.8 223.6 6.0 4.6 2.0 -3.0 -3.1

Fabricated metal product manufacturing... 332 2.327 169.8 169.8 8.8 0.1 0.2 1.6 0.0

Machinery manufacturing.................... 333 7.494 141.5 141.2 6.2 0.7 1.1 0.2 -0.2

Computer and electronic product

manufacturing............................... 334 11.081 84.7 84.7 2.4 0.4 0.5 -0.1 0.0

Electrical equipment, appliance, and

component manufacturing................. 335 2.957 129.4 129.5 8.1 0.0 0.6 0.1 0.1

Transportation equipment manufacturing... 336 10.308 137.1 137.2 3.9 0.7 0.7 0.2 0.1

Miscellaneous manufacturing............... 339 3.856 132.5 132.5 6.9 1.6 0.5 0.2 0.0

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: June 2021 to June

2022

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Live animals; animal products................. I 1.537 245.9 237.9 3.9 1.7 0.6 -0.8 -3.3

Meat and edible meat offal..................... 02 0.445 344.8 341.2 -7.3 0.7 -1.9 -0.7 -1.0

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.802 174.2 165.6 7.6 1.2 -0.6 1.0 -4.9

Vegetable products............................... II 2.204 253.5 251.0 15.8 -2.2 1.3 -0.2 -1.0

Edible vegetables, roots, and tubers.......... 07 0.428 443.0 418.6 9.2 -1.4 1.9 0.7 -5.5

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.820 129.2 127.6 11.8 -5.7 0.2 -0.3 -1.2

Coffee, tea, mate and spices.................. 09 0.431 318.2 323.9 31.1 0.1 4.3 -2.1 1.8

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.433 157.8 160.4 13.1 5.5 3.0 -4.9 1.6

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.064 185.7 187.1 7.0 0.7 0.8 -0.1 0.8

Sugars and sugar confectionary (Dec.

2021=100)..................................... 17 0.202 104.1 105.1 – 0.7 2.3 -1.1 1.0

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.192 102.3 101.7 4.1 -0.6 -0.5 0.0 -0.6

Beverages, spirits, and vinegar................ 22 1.023 148.0 147.7 1.7 1.0 0.6 0.0 -0.2

Mineral products.................................. V 12.879 417.7 440.2 75.4 17.9 0.8 6.4 5.4

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 12.517 412.9 435.7 76.8 18.5 0.8 6.6 5.5

Products of the chemical or allied

industries........................................ VI 11.060 179.5 180.4 8.4 0.7 0.4 -0.3 0.5

Inorganic chemicals............................. 28 0.752 554.5 583.7 51.5 0.1 2.4 1.7 5.3

Organic chemicals............................... 29 2.586 152.0 155.2 10.6 0.9 1.2 0.1 2.1

Pharmaceutical products....................... 30 5.060 148.9 148.7 -2.5 0.0 -0.8 -0.5 -0.1

Miscellaneous chemical products............. 38 0.788 117.7 117.3 5.2 0.6 0.0 0.1 -0.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.674 161.8 162.4 6.1 0.3 0.9 0.2 0.4

Plastics and articles thereof.................... 39 2.557 165.4 165.8 5.5 0.3 0.4 -0.2 0.2

Rubber and articles thereof.................... 40 1.117 157.8 158.6 7.4 0.3 2.0 1.2 0.5

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.419 142.1 142.2 6.7 0.2 0.5 0.0 0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.450 310.1 266.4 -29.3 6.6 -10.6 1.2 -14.1

Wood and articles of wood; wood charcoal

(Dec. 2019=100).............................. 44 1.417 218.2 186.8 -29.8 6.8 -10.8 1.3 -14.4

Woodpulp, recovered paper, and paper

products......................................... X 0.919 127.9 130.1 8.8 -0.4 2.0 0.5 1.7

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.623 120.0 120.6 12.3 -0.6 1.4 0.8 0.5

Textile and textile articles....................... XI 4.430 120.2 120.4 4.1 -0.2 0.1 0.3 0.2

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.263 125.1 125.6 2.5 0.0 0.3 0.4 0.4

Made-up or worn textile articles............... 63 1.213 105.7 105.7 2.3 -0.8 0.1 0.1 0.0

Headgear, umbrellas, artificial flowers,

etc................................................. XII 0.971 126.2 125.8 0.8 0.2 0.3 -0.2 -0.3

Footwear and parts of such articles........... 64 0.797 123.6 123.0 -0.2 -0.2 0.1 0.2 -0.5

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.767 134.3 134.5 1.9 0.2 0.7 -0.1 0.1

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: June 2021 to June

2022 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2020=100).................... 68 0.282 101.0 102.0 2.5 0.3 0.5 -0.2 1.0

Glass and glassware (Dec. 2021=100)....... 70 0.265 101.8 102.2 – 0.2 0.4 0.3 0.4

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.551 240.1 235.2 -5.5 6.7 -0.6 -4.9 -2.0

Base metals and articles of base metals. . .. XV 6.319 262.0 253.7 19.0 5.9 2.4 -1.0 -3.2

Iron and steel.................................... 72 1.256 363.7 347.6 23.0 7.0 9.4 -1.4 -4.4

Articles of iron or steel.......................... 73 1.861 212.4 206.7 21.0 2.2 0.5 0.4 -2.7

Copper and articles thereof.................... 74 0.491 407.9 417.5 -3.4 4.6 0.7 -7.7 2.4

Aluminum and articles thereof................. 76 1.200 223.3 210.6 20.6 9.1 -1.0 0.4 -5.7

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.402 130.8 130.4 4.4 0.3 1.0 1.2 -0.3

Miscellaneous articles of base metal. . . . . . . .. 83 0.512 152.0 152.3 8.8 0.2 2.2 0.7 0.2

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.104 82.8 82.8 3.4 0.2 0.4 0.2 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 13.933 89.3 89.1 3.2 0.2 0.5 0.1 -0.2

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 13.171 76.7 76.9 3.6 0.5 0.1 0.4 0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 10.475 118.7 118.8 2.2 0.1 0.1 0.3 0.1

Motor vehicles and their parts................. 87 9.726 118.0 118.0 2.3 0.0 0.0 0.3 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2020=100)..................................... 88 0.663 102.8 103.4 2.7 0.9 0.5 -0.3 0.6

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.632 105.7 105.5 2.9 0.7 1.0 -0.2 -0.2

Optical, photographic, measuring and

medical instruments.......................... 90 3.430 101.7 101.6 3.3 0.8 1.0 -0.1 -0.1

Miscellaneous manufactured articles......... XX 4.020 117.9 117.6 4.4 0.4 -0.1 -0.1 -0.3

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.445 126.3 125.6 5.2 0.0 0.0 0.0 -0.6

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.327 104.1 104.3 2.9 1.3 -0.2 0.0 0.2

Miscellaneous manufactured articles. . . . . . . .. 96 0.247 134.9 134.9 4.7 0.0 -0.7 -1.0 0.0

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: June 2021 to June

2022

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Live animals; animal products................. I 2.264 296.5 290.9 12.4 0.2 2.6 2.6 -1.9

Meat & edible meat offal (Dec. 2006=100)... 02 1.440 235.9 234.0 6.0 -0.3 2.0 0.8 -0.8

Vegetable products............................... II 6.413 319.5 318.7 18.4 8.4 -0.2 3.1 -0.3

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.893 145.6 146.7 4.3 -1.5 1.6 1.4 0.8

Cereals............................................ 10 2.107 386.5 371.9 25.6 16.5 0.8 4.3 -3.8

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.864 338.7 345.3 13.5 7.1 -1.7 2.3 1.9

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.799 183.5 182.5 4.6 2.2 1.3 0.3 -0.5

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.543 107.5 106.8 3.5 -0.2 1.0 1.2 -0.7

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.431 109.0 108.8 -1.7 0.0 -0.3 -0.5 -0.2

Residues and waste from the food

industries; prepared animal feed............ 23 0.894 337.1 331.4 4.4 4.5 3.2 0.2 -1.7

Mineral products.................................. V 23.889 440.0 458.5 82.2 12.7 -0.4 13.0 4.2

Ores, slag and ash (Dec. 2012=100)......... 26 0.592 157.0 148.1 16.8 5.3 4.2 -2.5 -5.7

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 23.134 426.5 445.5 85.0 13.0 -0.6 13.6 4.5

Products of the chemical or allied

industries........................................ VI 10.870 165.8 166.5 8.8 0.7 1.8 0.1 0.4

Organic chemicals............................... 29 2.692 203.8 206.3 18.1 2.5 3.7 1.1 1.2

Pharmaceutical products....................... 30 2.913 107.5 106.8 -3.3 0.0 0.1 -0.6 -0.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.735 140.2 139.8 3.5 0.6 -0.4 0.2 -0.3

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.398 132.3 132.3 4.3 0.0 1.2 0.0 0.0

Miscellaneous chemical products............. 38 2.043 188.5 186.1 -1.8 -0.6 -0.1 -0.3 -1.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 4.898 177.2 177.0 0.4 2.4 0.4 -0.1 -0.1

Plastics and articles thereof.................... 39 4.228 178.1 177.7 -0.7 2.7 0.3 -0.1 -0.2

Rubber and articles thereof.................... 40 0.669 166.6 167.0 6.6 0.1 0.6 0.4 0.2

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.600 141.3 139.8 9.8 5.4 0.7 0.4 -1.1

Woodpulp, recovered paper, and paper

products......................................... X 1.704 152.2 154.3 8.7 0.1 1.3 0.7 1.4

Woodpulp and recovered paper (Dec.

2019=100)..................................... 47 0.637 176.4 181.5 7.4 1.2 0.0 1.3 2.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.871 143.5 144.5 11.6 -0.8 2.6 0.2 0.7

Textile and textile articles....................... XI 1.623 155.5 152.7 18.9 -0.2 2.7 1.0 -1.8

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.685 204.1 195.4 41.4 -1.3 6.3 1.5 -4.3

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.635 147.0 147.2 10.3 0.7 2.0 0.3 0.1

Glass and glassware (Dec. 2019=100)....... 70 0.375 110.2 110.7 10.6 0.7 1.2 0.5 0.5

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.858 339.9 329.7 -1.3 6.7 0.8 -2.9 -3.0

Base metals and articles of base metals. . .. XV 4.485 225.4 219.3 11.4 2.1 2.7 -2.6 -2.7

Iron and steel (Dec. 2020=100)............... 72 1.320 186.3 173.4 20.8 4.1 4.3 -5.6 -6.9

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: June 2021 to June

2022 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Copper and articles thereof.................... 74 0.544 282.2 291.9 2.5 2.7 1.6 -4.8 3.4

Aluminum and articles thereof................. 76 0.818 165.1 154.5 12.2 3.3 5.9 -4.8 -6.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 21.860 103.8 103.8 4.5 0.6 0.6 0.2 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 12.646 124.5 124.4 5.1 0.8 0.6 0.3 -0.1

Electrical machinery and equipment and

parts and accessories thereof............... 85 9.214 81.8 81.9 3.8 0.2 0.6 0.0 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 7.648 146.4 146.4 4.5 0.6 0.8 0.1 0.0

Motor vehicles and their parts................. 87 5.743 123.1 123.1 4.1 0.7 0.9 0.2 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 4.788 114.0 113.8 2.2 0.2 0.5 0.2 -0.2

Miscellaneous manufactured articles......... XX 1.010 128.7 129.1 9.1 0.6 3.0 0.3 0.3

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi.......................... 94 0.542 150.2 150.2 8.6 0.0 5.0 -0.1 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.328 99.7 100.8 10.9 0.0 0.4 0.4 1.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: June 2021 to June 2022

[2000=100, unless otherwise noted]

Description

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Industrialized Countries2

.................... 100.000 156.9 157.2 11.7 4.3 0.1 0.6 0.2

Nonmanufacturing........................... 15.665 366.8 382.7 68.1 15.6 1.7 4.2 4.3

Manufacturing................................ 83.336 140.3 139.6 4.9 2.3 -0.3 0.1 -0.5

Canada.......................................... 100.000 215.8 217.5 24.7 8.6 0.0 2.6 0.8

Nonmanufacturing........................... 38.552 367.8 384.8 70.5 15.9 1.8 4.5 4.6

Manufacturing................................ 60.202 176.6 174.0 6.3 4.3 -1.3 1.8 -1.5

European Union............................... 100.000 152.9 152.9 5.3 1.3 0.3 0.3 0.0

Manufacturing................................ 98.584 148.0 148.1 5.0 1.3 0.2 0.3 0.1

France (Dec. 2003=100)...................... 100.000 142.9 145.7 8.3 1.6 0.0 -0.2 2.0

Germany (Dec. 2003=100)................... 100.000 122.0 121.4 3.3 0.8 0.4 -0.6 -0.5

United Kingdom (Dec. 2003=100).......... 100.000 138.0 138.7 6.4 3.2 -1.0 0.7 0.5

Latin America3

................................. 100.000 176.1 176.1 12.7 2.4 1.2 1.2 0.0

Nonmanufacturing........................... 18.552 391.4 398.4 41.8 8.0 3.0 3.2 1.8

Manufacturing................................ 81.187 137.8 137.3 7.7 1.3 0.9 0.7 -0.4

Mexico (Dec. 2003=100)...................... 100.000 144.5 144.9 9.4 1.4 0.9 0.8 0.3

Nonmanufacturing (Dec. 2008=100). . . . .. 12.376 205.6 206.9 44.0 8.4 4.7 1.6 0.6

Manufacturing (Dec. 2008=100)........... 87.364 96.1 96.4 5.8 0.5 0.3 0.6 0.3

Pacific Rim (Dec. 2003=100)4............... 100.000 105.5 105.4 4.9 0.9 0.3 0.2 -0.1

China (Dec. 2003=100)....................... 100.000 104.8 104.6 3.6 0.5 0.1 0.0 -0.2

Japan............................................ 100.000 100.2 100.2 1.7 0.6 0.3 -0.1 0.0

Taiwan (Dec. 2018=100)...................... 100.000 111.8 112.0 9.1 1.2 0.2 0.8 0.2

Asian NICs5

..................................... 100.000 101.3 101.4 10.9 2.5 0.1 1.4 0.1

ASEAN (Dec. 2003=100)6

.................... 100.000 106.3 106.6 6.8 1.2 0.9 1.2 0.3

Asia Near East (Dec. 2003=100)7

........... 100.000 270.7 272.1 39.3 12.3 3.5 1.7 0.5

1 Relative importance figures are based on 2020 trade values.

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

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

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

Countries.

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

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

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

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

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. export price indexes and percent changes by locality of destination: June 2021 to June 2022

[December 2017=100, unless otherwise noted]

Description

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Industrialized Countries2

.................... 100.000 127.2 127.5 14.2 3.7 0.8 1.5 0.2

Nonmanufacturing........................... 18.294 190.0 193.5 52.1 11.9 0.4 5.7 1.8

Manufacturing................................ 80.037 119.1 119.0 8.5 1.9 0.9 0.8 -0.1

Canada.......................................... 100.000 132.9 133.8 16.3 3.0 1.2 1.8 0.7

Nonmanufacturing (Dec. 2020=100). . . . .. 13.769 192.1 198.3 52.7 8.4 1.1 5.7 3.2

Manufacturing (Dec. 2020=100)........... 84.836 120.0 120.3 12.2 2.3 1.2 1.3 0.3

European Union............................... 100.000 125.0 125.9 12.7 4.6 -0.2 1.7 0.7

Nonmanufacturing........................... 22.527 183.1 186.8 49.9 15.4 -1.3 4.1 2.0

Manufacturing................................ 75.827 114.5 114.8 5.4 1.9 0.0 1.1 0.3

Germany........................................ 100.000 114.0 114.1 3.8 1.7 0.7 0.8 0.1

Latin America3

................................. 100.000 149.1 152.3 27.7 5.5 0.5 6.7 2.1

Nonmanufacturing........................... 14.010 251.7 260.0 67.2 2.7 4.6 13.9 3.3

Manufacturing................................ 85.523 140.5 143.0 22.9 6.0 -0.2 5.8 1.8

Mexico........................................... 100.000 143.8 146.6 20.6 3.6 1.2 4.8 1.9

Nonmanufacturing........................... 12.821 242.4 252.3 70.7 -2.9 9.8 18.4 4.1

Manufacturing................................ 86.814 136.4 138.7 15.7 4.3 0.2 3.1 1.7

Pacific Rim4.................................... 100.000 125.2 123.9 12.3 3.6 0.3 1.4 -1.0

Nonmanufacturing........................... 28.530 167.1 163.0 34.5 10.3 -2.0 4.0 -2.5

Manufacturing................................ 69.259 114.6 114.0 6.6 1.0 1.3 0.7 -0.5

China............................................ 100.000 124.4 126.2 15.7 5.0 -0.2 1.9 1.4

Nonmanufacturing........................... 38.338 155.3 160.9 30.1 13.0 -2.9 5.5 3.6

Manufacturing................................ 60.196 113.3 113.2 5.3 0.5 1.4 0.1 -0.1

Japan............................................ 100.000 130.8 129.7 15.7 5.0 0.6 2.4 -0.8

Nonmanufacturing........................... 34.170 187.6 190.2 43.4 14.9 -2.4 5.3 1.4

Manufacturing................................ 64.252 112.5 110.7 6.0 0.1 2.4 1.0 -1.6

1 Relative importance figures are based on 2020 trade values.

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

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

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

Countries.

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

Regions are not mutually exclusive.

Dash = Not available

14
Table 9. U.S. terms of trade indexes and percent changes by locality: June 2021 to June 20221

[December 2017=100, unless otherwise noted]

Description

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Industrialized Countries2

............................ 99.2 99.3 2.3 -0.5 0.7 0.8 0.1

Canada.................................................. 80.9 80.8 -6.7 -5.1 1.1 -0.9 -0.1

European Union...................................... 110.0 110.8 7.1 3.2 -0.5 1.4 0.7

Germany................................................ 107.6 108.2 0.5 1.0 0.3 1.4 0.6

Latin America3

........................................ 126.1 128.8 13.3 3.0 -0.7 5.5 2.1

Mexico.................................................. 128.4 130.5 10.2 2.2 0.2 4.1 1.6

Pacific Rim4............................................ 116.8 115.7 7.1 2.8 0.0 1.2 -0.9

China.................................................... 118.8 120.8 11.7 4.5 -0.3 1.9 1.7

Japan.................................................... 124.7 123.6 13.7 4.3 0.2 2.5 -0.9

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

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

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

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

Countries.

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

Regions are not mutually exclusive.

Dash = Not available

15
Table 10. U.S. international price indexes and percent changes for selected transportation services: June 2021

to June 2022

[2000=100, unless otherwise noted]

Description

Relative

importance

May

20221

Index Percent change

May

2022

Jun.

2022

Annual Monthly

Jun.

2021 to

Jun.

2022

Feb.

2022 to

Mar.

2022

Mar.

2022 to

Apr.

2022

Apr.

2022 to

May

2022

May

2022 to

Jun.

2022

Air Freight

Import Air Freight.................................... 100.000 356.6 379.6 9.4 2.7 -4.6 4.0 6.4

Europe (Dec. 2003=100).......................... 27.482 324.1 299.7 18.4 3.5 5.7 0.7 -7.5

Asia.................................................. 72.253 343.6 384.2 5.3 2.4 -8.2 5.3 11.8

Export Air Freight................................... 100.000 214.6 208.3 22.5 4.6 0.7 3.1 -2.9

Europe (Dec. 2006=100).......................... 28.776 180.4 173.8 18.4 -2.6 5.4 3.7 -3.7

Asia (Dec. 2011=100).............................. 49.497 166.2 160.9 30.9 10.6 -2.5 1.8 -3.2

Inbound Air Freight................................. 100.000 267.7 269.1 1.8 0.4 -4.2 2.8 0.5

Europe (Dec. 2003=100).......................... 25.263 218.9 200.8 13.9 7.0 -1.7 1.8 -8.3

Asia.................................................. 66.229 269.2 281.2 0.8 -1.2 -5.9 4.5 4.5

Outbound Air Freight............................... 100.000 219.8 225.4 58.8 3.2 5.2 -1.3 2.5

Europe (Dec. 2003=100).......................... 29.902 210.1 205.1 25.1 -5.3 14.9 0.6 -2.4

Asia.................................................. 52.863 239.3 253.5 104.3 8.7 2.2 -4.3 5.9

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 173.5 191.1 12.8 8.6 3.6 3.2 10.1

Europe............................................... 38.944 195.7 214.1 31.3 9.3 2.2 5.7 9.4

Asia.................................................. 22.250 198.1 216.2 4.7 7.9 8.4 8.2 9.1

Latin America/Caribbean.......................... 11.303 126.0 156.4 17.1 13.4 7.3 -5.7 24.1

Export Air Passenger Fares....................... 100.000 180.4 190.0 12.0 7.0 0.1 2.6 5.3

Europe............................................... 26.609 214.6 228.5 17.4 7.4 -0.7 4.3 6.5

Asia.................................................. 24.042 199.7 202.9 13.0 2.3 -14.5 7.3 1.6

Latin America/Caribbean.......................... 31.286 170.9 188.1 18.2 12.0 12.5 0.8 10.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

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17 

TECHNICAL NOTE

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

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

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

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

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

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

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

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

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

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

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

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

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

produce the NAICS primary products indexes.

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

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

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

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

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

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

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

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

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

Agriculture. 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

manufactured goods are defined as NAICS 31-33. 

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

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

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

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

defined as NAICS 31-33. 

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

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

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

index on a scale of 100. 

 

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

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

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

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

relative importance will increase as well. 

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

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

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

in the releases for February, March, and April. 

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

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

decimal place. 

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

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

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

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

appropriate for market analysis. 

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

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

 

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

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

mxpinfo@bls.gov. 

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access 

telecommunications relay services.