Bureau of Labor Statistics Washington, D.C. 20212 

Technical Information: USDL-07-0246 

 (202) 691-7101 Transmission of This 

Media contact: Material Is Embargoed 

 (202) 691-5902 Until 8:30 A.M. E.S.T. 

Internet Address: http://www.bls.gov/mxp Thursday, February 15, 2007 

U.S. IMPORT AND EXPORT PRICE INDEXES 

- JANUARY 2007 - 

The U.S. Import Price Index decreased 1.2 percent in January, the Bureau of Labor Statistics of 

the U.S. Department of Labor reported today. The decline followed a 1.1 percent rise in December and 

was led by a 7.3 percent downturn in petroleum prices. Export prices rose 0.3 percent in January, after 

increasing 0.7 percent the previous month. 

Percent changes in import and export price indexes 

by End Use category 

- not seasonally adjusted - 

 

United States 

Department News of Labor 

IMPORTS EXPORTS 

Month

2006

January 1.2 5.8 0.3 0.7 0.6 0.7 

February -0.8 -1.0 -0.7 0.1 -0.7 0.2 

March -0.1 0.6 -0.3 0.2 -0.1 0.2 

April 2.1 11.3 0.1 0.7 -0.4 0.7 

May 1.8 6.4 0.7 0.7 0.6 0.7 

June 0.1 -1.1 0.4 0.7 2.6 0.6 

July 0.8 3.6 0.0 0.4 1.9 0.2 

August 0.5 1.0 0.5 0.4 0.9 0.5 

September -2.2 -11.0 0.1 -0.4 -0.5 -0.4 

October -2.5 r -10.4 r -0.6 -0.3 1.0 r -0.5 r

November 0.5 -1.7 r 1.0 r 0.4 4.4 0.2 r

December 1.1 r 4.6 r 0.5 r 0.7 r 2.4 r 0.5 r

2007

January -1.2 -7.3 0.0 0.3 0.7 0.3 

January 2005-06 8.7 47.4 2.4 2.7 4.8 2.6 

January 2006-07 0.1 -7.3 1.6 4.1 13.5 3.3 

r = revised to reflect late reports and corrections by respondents.

All

Imports

Petroleum

Imports

Non- petroleum

Imports

All

Exports

Agricultural

Exports

Nonagricultural

Exports
2

Import Goods

Import prices fell 1.2 percent in January after increases of 1.1 percent and 0.5 percent, 

respectively, in December and November. A 7.3 percent decrease in petroleum prices drove the overall 

January drop, as petroleum prices resumed a recent downward pattern after increasing 4.6 percent in 

December. Nonpetroleum prices were unchanged in January after a 0.5 percent advance the previous 

month. Prices for nonpetroleum imports rose 1.6 percent over the 12 months ended in January. 

Changes in prices for nonpetroleum imports were highlighted by a turnaround in the index for 

nonpetroleum industrial supplies and materials prices, which declined 1.0 percent. The January 

decrease followed increases of 1.7 percent and 4.1 percent, respectively, in December and November. 

The drop in nonpetroleum industrial supplies and materials prices was driven by a downturn in natural 

gas prices. In the previous two months, natural gas prices had led the advance in nonpetroleum 

industrial supplies and materials prices. Capital goods prices edged down 0.1 percent, declining for the 

first time since a 0.1 percent decrease in April 2006. 

In contrast, the price index for consumer goods rose 0.3 percent. The increase in consumer 

goods prices was driven by higher prices for medicinal, dental, and pharmaceutical preparatory 

materials. The price indexes for foods, feeds, and beverages and for automotive vehicles also increased 

in January, advancing 1.5 percent and 0.1 percent, respectively. A 4.9 percent increase in vegetables 

prices led the January rise in foods, feeds, and beverages prices. In December, the index for foods, 

feeds, and beverages had increased 0.7 percent. The modest increase in prices for automotive vehicles 

in January followed a 0.1 percent drop in December. 

Export Goods 

Export prices increased 0.3 percent in January as higher prices for both agricultural and 

nonagricultural exports contributed to the rise. The advance in the prices for overall exports followed 

increases of 0.7 percent and 0.4 percent, respectively, in December and November. For the year ended 

in January, export prices rose 4.1 percent. The 0.7 percent increase in agricultural prices was led by 

higher prices for vegetables and meat, which more than offset lower prices for corn, wheat, and 

soybeans. Agricultural prices rose 13.5 percent over the past 12 months. Nonagricultural prices also 

increased in January, rising 0.3 percent. 

A 0.3 percent advance in nonagricultural industrial supplies and materials prices led the January 

increase in nonagricultural prices. Metals prices continued to rise in January. However, prices for fuels 

and lubricants, up over the past 12 months, fell in January. For the year ended in January, 

nonagricultural industrial supplies and materials prices rose 8.4 percent. 

 Prices for each of the major finished goods areas also increased in January. The price index for 

capital goods, which makes up about 40 percent of overall exports, rose 0.2 percent for the month and 

0.9 percent over the past year. Automotive vehicles prices increased 0.2 percent for the second 

consecutive month. Prices for automotive vehicles rose 1.5 percent for the year ended in January. The 

price index for consumer goods advanced 0.8 percent for the month and 2.4 percent for the January 

2006-2007 period. 
3

Imports by Locality of Origin 

 

Import prices from Japan ticked up 0.1 percent in January, the first increase since a 0.2 percent 

rise in June 2006. Prices of imports from Japan decreased 0.4 percent over the past 12 months. For the 

second consecutive month, import prices from China recorded no change. Over the past year, prices of 

imports from China declined 0.8 percent. 

Prices for imports from Canada and Mexico decreased in January, led by lower petroleum prices. 

Import prices from Canada declined 1.6 percent for the month after advances of 1.9 percent and 2.6 

percent, respectively, in December and November. Prices for imports from Canada fell 2.3 percent for 

the January 2006-2007 period. Import prices from Mexico decreased 0.4 percent for the month. Despite 

the January decline, prices of imports from Mexico increased 2.0 percent over the past 12 months. 

In contrast, prices of imports from the European Union rose in January, increasing 0.5 percent. 

Import prices from the European Union advanced 4.4 percent for the year ended in January. 

Import and Export Services

 Import air passenger fares fell 2.1 percent in January after increasing 3.3 percent in December. 

In January, the decrease was led by a 9.9 percent drop in Asian fares. Despite declines in five of the 

past six months, import air passenger fares increased 7.0 percent over the past 12 months. Export air 

passenger fares increased 3.3 percent in January, following a 0.9 percent upturn in December. The 

index rose 6.9 percent over the past year. 

 

Prices for import air freight rose 0.8 percent in January following a 1.0 percent increase the 

previous month. Higher air freight prices from both Europe and Asia, up 2.6 percent and 0.2 percent, 

respectively, contributed to the increase. Import air freight prices rose 4.3 percent for the year ended in 

January. The price index for export air freight increased 1.5 percent in January and rose 6.0 percent 

over the past 12 months. 

CONTENTS OF RELEASE 

This news release includes the following tables: 

Table 1 U.S. Import Price Indexes, by End Use.....page 4 

Table 2 U.S. Export Price Indexes, by End Use.....page 5 

Table 3 U.S. Import Price Indexes, by NAICS.....page 6 

Table 4 U.S. Export Price Indexes, by NAICS.....page 7 

Table 5 U.S. Import Price Indexes, by Harmonized System.....pages 8-9 

Table 6 U.S. Export Price Indexes, by Harmonized System.....pages 10-11 

Table 7 U.S. Import Price Indexes, by Locality of Origin.....page 12 

Table 8 U.S. International Price Indexes for Selected Transportation Services.....page 13 

------------------------------------------------------------------- 

Import and Export Price Index data for February 2007 are scheduled for release on March 14 at 

8:30 A.M. (E.D.T.). 
4

Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Jan. Sept. Oct. Nov. Dec.

END Description 2006 2006 2006 2006 2006

USE December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

 ALL COMMODITIES............................................................ 100.000 115.2 113.8 0.1 -2.5 0.5 1.1 -1.2

 ALL IMPORTS EXCLUDING PETROLEUM......................... 83.007 105.7 105.7 1.6 -0.6 1.0 0.5 0.0

 ALL IMPORTS EXCLUDING FUELS 

 (Dec. 2001=100)........................................................... 80.440 108.1 108.4 2.8 -0.1 0.2 0.2 0.3

0 FOODS, FEEDS, & BEVERAGES..................................... 4.332 122.5 124.3 4.3 0.2 0.4 0.7 1.5

00 Agricultural foods, feeds & beverages, 

 excluding distilled beverages................................ 3.299 133.6 135.4 4.4 0.4 0.9 1.1 1.3

01 Nonagricultural foods (fish, distilled beverages)........... 1.033 97.7 99.4 3.8 -0.6 -1.1 -0.4 1.7

1 INDUSTRIAL SUPPLIES & MATERIALS........................... 34.928 167.3 160.5 -2.0 -6.9 1.2 3.1 -4.1

 INDUSTRIAL SUPPLIES & MATERIALS 

 EXCLUDING PETROLEUM...................................... 17.934 138.7 137.3 3.1 -3.0 4.1 1.7 -1.0

 INDUSTRIAL SUPPLIES & MATERIALS 

 EXCLUDING FUELS (Dec. 2001=100)..................... 15.367 144.9 145.5 10.1 -0.8 0.6 0.3 0.4

 INDUSTRIAL SUPPLIES & MATERIALS, 

 DURABLE................................................................. 9.937 139.4 139.8 12.9 -1.4 0.7 0.5 0.3

 INDUSTRIAL SUPPLIES & MATERIALS, 

 NONDURABLE EXCLUDING PETROLEUM............ 7.997 136.8 133.4 -7.2 -5.1 8.9 3.0 -2.5

10 Fuels & lubricants........................................................ 19.561 205.5 190.0 -10.3 -11.1 1.6 5.2 -7.5

100 Petroleum & petroleum products............................. 16.994 208.2 192.9 -7.3 -10.4 -1.7 4.6 -7.3

10000 Crude............................................................... 11.954 209.7 192.5 -7.4 -10.1 -2.2 5.2 -8.2

101 Fuels, n.e.s.-coals & gas......................................... 2.246 190.1 168.9 -32.9 -21.4 38.6 10.2 -11.2

10110 Gas-natural...................................................... 2.081 187.5 165.0 -35.2 -23.0 43.2 11.3 -12.0

11 Paper & paper base stocks.......................................... 0.876 112.9 111.7 4.7 -0.1 0.2 -0.3 -1.1

12 Materials associated with nondurable 

 supplies & materials............................................. 4.638 123.2 124.3 5.1 0.2 0.8 0.1 0.9

13 Selected building materials.......................................... 1.924 110.5 111.4 -6.0 -3.2 -1.2 -0.3 0.8

14 Unfinished metals related to durable goods................. 4.514 195.8 198.0 31.3 -1.0 0.6 1.1 1.1

15 Finished metals related to durable goods.................... 1.775 130.8 128.0 7.8 -1.7 2.9 0.7 -2.1

16 Nonmetals related to durable goods............................ 1.640 101.5 101.4 0.5 0.2 0.1 -0.1 -0.1

2 CAPITAL GOODS............................................................. 22.352 91.5 91.4 0.3 0.0 0.1 0.1 -0.1

20 Electric generating equipment..................................... 2.672 103.1 104.0 4.2 -0.1 0.4 0.1 0.9

21 Nonelectrical machinery............................................... 17.998 87.9 87.6 -0.6 0.0 0.1 0.0 -0.3

22 Transportation equipment excluding 

 motor vehicles (Dec. 2001=100)........................... 1.682 109.3 110.6 3.7 0.6 0.2 0.1 1.2

3 AUTOMOTIVE VEHICLES, PARTS & ENGINES.............. 14.201 104.2 104.3 0.9 0.2 0.0 -0.1 0.1

4 CONSUMER GOODS, EXCLUDING 

 AUTOMOTIVES......................................................... 24.188 101.0 101.3 1.5 0.1 0.1 0.3 0.3

40 Nondurables, manufactured......................................... 11.131 103.4 104.1 1.0 -0.1 0.2 0.3 0.7

41 Durables, manufactured............................................... 11.860 98.3 98.2 2.0 0.2 0.1 0.2 -0.1

42 Nonmanufactured consumer goods............................. 1.197 101.8 102.3 0.7 1.3 -0.1 0.1 0.5

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

December

2006
5

Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Jan. Sept. Oct. Nov. Dec.

END Description 2006 2006 2006 2006 2006

USE December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

 ALL COMMODITIES................................................................. 100.000 112.7 113.0 4.1 -0.3 0.4 0.7 0.3

 AGRICULTURAL COMMODITIES............................................ 8.108 137.2 138.1 13.5 1.0 4.4 2.4 0.7

 NONAGRICULTURAL COMMODITIES.................................... 91.891 110.9 111.2 3.3 -0.5 0.2 0.5 0.3

0 FOODS, FEEDS, & BEVERAGES......................................... 7.408 138.6 138.8 13.0 1.1 4.3 2.1 0.1

00 Agricultural foods, feeds & beverages, 

 excluding distilled beverages..................................... 6.730 140.3 140.5 14.4 1.4 5.0 2.1 0.1

01 Nonagricultural foods (fish, distilled beverages)................ 0.678 124.0 124.5 1.5 -1.2 -1.7 1.3 0.4

1 INDUSTRIAL SUPPLIES & MATERIALS............................... 29.254 140.3 140.9 8.5 -1.6 0.5 1.7 0.4

 INDUSTRIAL SUPPLIES & MATERIALS, 

 DURABLE..................................................................... 11.476 150.1 152.9 16.3 -1.0 0.8 2.3 1.9

 INDUSTRIAL SUPPLIES & MATERIALS, 

 NONDURABLE.............................................................. 17.778 135.2 134.5 4.2 -2.0 0.4 1.3 -0.5

10 Agricultural industrial supplies & materials........................ 1.378 123.9 128.3 9.8 -0.3 1.9 3.2 3.6

 NONAGRICULTURAL INDUSTRIAL SUPPLIES 

 & MATERIALS........................................................... 27.875 141.4 141.8 8.4 -1.6 0.5 1.5 0.3

11 Fuels & lubricants............................................................. 4.387 191.0 184.0 7.0 -7.1 2.8 4.7 -3.7

12 Nonagricultural supplies & materials 

 excluding fuels & building materials........................... 22.366 136.8 138.3 8.9 -0.6 0.0 1.0 1.1

13 Selected building materials............................................... 1.122 111.5 111.5 4.0 0.5 0.0 0.9 0.0

2 CAPITAL GOODS.................................................................. 40.034 98.8 99.0 0.9 0.2 0.1 0.0 0.2

20 Electrical generating equipment........................................ 3.776 106.3 105.7 1.9 0.8 0.1 0.3 -0.6

21 Nonelectrical machinery................................................... 29.124 92.6 92.6 -0.2 0.1 -0.1 0.0 0.0

22 Transportation equipment excluding 

 motor vehicles (Dec. 2001=100)................................ 7.134 119.2 120.5 4.8 0.3 0.5 0.4 1.1

3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 10.710 105.5 105.7 1.5 0.1 0.0 0.2 0.2

4 CONSUMER GOODS, EXCLUDING 

 AUTOMOTIVES.............................................................. 12.594 104.0 104.8 2.4 -0.1 0.0 0.1 0.8

40 Nondurables, manufactured.............................................. 5.954 104.1 105.1 2.7 -0.2 0.2 0.3 1.0

41 Durables, manufactured................................................... 5.548 102.8 103.1 1.6 -0.1 -0.2 0.0 0.3

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

December

2006
6

Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 December 2005=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Jan. Sept. Oct. Nov. Dec.

NAICS Description 2006 2006 2006 2006 2006

December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

 Nonmanufactured Articles...................................................... 16.450 101.9 94.2 -10.5 -10.5 1.7 5.3 -7.6

11 AGRICULTURE AND LIVESTOCK PRODUCTS........... 1.493 107.8 110.7 6.4 -0.8 0.7 1.9 2.7

111 Agricultural products.................................................. 1.040 108.2 111.8 6.5 0.1 2.1 3.6 3.3

21 OIL, GAS, MINERALS AND ORES................................ 14.957 101.4 92.7 -12.0 -11.4 1.8 5.6 -8.6

212 Minerals and ores (Dec. 2006=100)........................... 0.408 100.0 101.9 n.a. n.a. n.a. n.a. 1.9

 Manufactured Articles............................................................ 82.974 103.2 103.3 2.8 -0.7 0.3 0.4 0.1

31 MANUFACTURED GOODS, PART 1............................. 10.445 101.4 101.9 1.6 0.1 0.1 0.0 0.5

311 Food and kindred products......................................... 2.380 103.9 105.7 4.4 0.2 0.4 0.2 1.7

312 Beverages and tobacco products............................... 0.828 102.1 102.2 2.2 0.3 0.0 0.0 0.1

313 Textiles and fabrics.................................................... 0.505 103.7 104.1 4.6 0.3 0.0 0.1 0.4

314 Textile mill products................................................... 0.802 100.5 100.5 0.3 -0.1 -0.1 0.0 0.0

315 Apparel and accessories............................................ 4.410 99.9 99.9 -0.2 -0.1 0.1 -0.1 0.0

316 Leather and allied products........................................ 1.521 101.1 101.3 1.3 0.1 0.0 0.1 0.2

32 MANUFACTURED GOODS, PART 2............................. 17.545 102.6 102.2 0.9 -2.8 0.4 1.2 -0.4

321 Wood products........................................................... 1.232 89.9 90.7 -11.1 -4.8 -1.5 -0.1 0.9

322 Paper......................................................................... 1.420 105.3 104.2 3.5 -0.1 0.1 -0.1 -1.0

324 Petroleum and coal products...................................... 4.053 98.8 94.2 -8.3 -10.4 0.1 3.0 -4.7

325 Chemicals.................................................................. 7.870 106.1 107.7 6.7 0.4 1.0 1.0 1.5

326 Plastics and rubber products...................................... 1.743 103.5 103.3 3.1 0.1 0.1 0.1 -0.2

327 Nonmetallic mineral products..................................... 1.119 103.3 104.4 4.4 -0.1 -0.2 0.0 1.1

33 MANUFACTURED GOODS, PART 3............................. 54.984 103.8 103.9 3.6 0.0 0.3 0.2 0.1

331 Primary metals........................................................... 5.417 137.6 138.3 34.3 -1.8 2.3 1.3 0.5

332 Fabricated metal products, nesoi............................... 2.572 105.6 106.3 4.9 -0.1 0.5 0.4 0.7

333 Machinery, except electrical....................................... 6.771 103.0 103.9 3.2 0.2 0.0 0.4 0.9

334 Computer and electronic products.............................. 15.044 97.5 96.6 -3.0 0.0 0.0 -0.1 -0.9

335 Electrical equipment, appliances, and components.... 3.703 103.7 104.9 4.3 0.1 0.2 0.2 1.2

336 Transportation equipment.......................................... 14.949 100.7 100.9 1.0 0.3 -0.1 0.0 0.2

337 Furniture and fixtures................................................. 1.511 100.7 100.9 0.8 0.0 0.1 0.0 0.2

339 Miscellaneous manufactured commodities................. 5.017 105.3 105.3 5.2 0.7 0.3 0.2 0.0

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

December

2006
7

Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 December 2005=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Jan. Sept. Oct. Nov. Dec.

NAICS Description 2006 2006 2006 2006 2006

December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

 Nonmanufactured Articles...................................................... 6.169 113.4 111.6 7.8 -0.9 10.1 2.3 -1.6

11 AGRICULTURE AND LIVESTOCK PRODUCTS........... 4.443 118.5 118.2 16.3 1.9 7.6 2.7 -0.3

111 Agricultural products.................................................. 4.032 120.0 119.7 17.7 2.2 8.5 2.9 -0.2

21 OIL, GAS, MINERALS AND ORES................................ 1.726 102.2 97.0 -10.0 -7.9 17.3 1.0 -5.1

211 Oil and gas................................................................. 0.608 103.7 88.8 -17.5 -24.1 62.7 0.7 -14.4

212 Minerals and ores....................................................... 1.118 101.6 101.5 -5.9 -1.5 3.7 1.2 -0.1

 Manufactured Articles............................................................ 90.951 103.1 103.3 2.8 -0.3 -0.1 0.4 0.2

31 MANUFACTURED GOODS, PART 1............................. 6.565 103.6 105.2 5.4 0.3 0.2 1.1 1.5

311 Food and kindred products......................................... 3.947 106.7 109.3 9.7 0.0 0.6 1.7 2.4

312 Beverages and tobacco products............................... 0.485 99.3 100.2 0.6 -0.3 -0.5 -0.1 0.9

313 Textiles and fabrics.................................................... 0.986 98.2 98.1 -1.6 1.1 0.2 0.0 -0.1

315 Apparel and accessories............................................ 0.568 100.1 100.1 0.1 0.0 0.0 0.0 0.0

32 MANUFACTURED GOODS, PART 2............................. 22.409 105.3 105.3 4.3 -1.2 -0.6 0.9 0.0

321 Wood products........................................................... 0.556 106.1 105.8 5.8 0.1 0.6 1.3 -0.3

322 Paper......................................................................... 2.125 107.7 107.6 6.3 0.5 0.0 0.0 -0.1

324 Petroleum and coal products...................................... 2.398 112.2 107.0 1.0 -8.7 0.4 6.8 -4.6

325 Chemicals.................................................................. 14.021 104.3 105.0 4.6 -0.6 -1.0 0.2 0.7

326 Plastics and rubber products...................................... 2.347 103.3 103.8 2.9 0.4 -0.2 -0.1 0.5

327 Nonmetallic mineral products..................................... 0.856 104.2 104.6 4.4 -0.1 0.2 1.5 0.4

33 MANUFACTURED GOODS, PART 3............................. 61.976 102.2 102.4 2.0 -0.1 0.1 0.1 0.2

331 Primary metals........................................................... 4.111 118.5 117.4 14.9 -2.2 0.4 0.5 -0.9

332 Fabricated metal products, nesoi............................... 2.759 107.4 108.0 5.9 0.3 0.2 0.2 0.6

333 Machinery, except electrical....................................... 12.206 102.9 103.8 3.2 0.2 0.2 0.1 0.9

334 Computer and electronic products.............................. 17.719 97.3 96.7 -3.3 -0.2 -0.3 -0.2 -0.6

335 Electrical equipment, appliances, and components.... 3.631 102.6 102.9 2.9 0.7 0.1 0.3 0.3

336 Transportation equipment.......................................... 16.715 102.8 103.3 2.8 0.2 0.2 0.3 0.5

339 Miscellaneous manufactured commodities................. 4.491 102.1 103.1 3.1 0.2 -0.2 -0.2 1.0

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

December

2006
8

Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

Harmo- ance Jan. Sept. Oct. Nov. Dec.

nized Description 2006 2006 2006 2006 2006

System December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

I LIVE ANIMALS; ANIMAL PRODUCTS.............................. 1.150 118.6 119.5 4.5 -0.2 -0.8 -1.0 0.8

02 Meat and edible meat offal........................................... 0.311 141.5 141.6 3.2 1.4 0.6 -1.2 0.1

03 Fish and crustaceans, molluscs and 

 other aquatic invertebrates................................... 0.581 95.3 97.6 6.9 -0.9 -1.9 -0.9 2.4

II VEGETABLE PRODUCTS................................................ 1.177 127.4 130.3 5.3 0.9 2.2 3.3 2.3

07 Edible vegetables, roots, and tubers............................ 0.317 180.0 194.7 5.1 1.9 -0.2 9.6 8.2

08 Edible fruit and nuts; peel of citrus 

 fruit or melons....................................................... 0.353 89.9 88.5 7.5 -1.0 0.9 2.6 -1.6

09 Coffee, tea, mate and spices....................................... 0.244 137.5 138.8 8.4 2.4 4.0 1.3 0.9

IV PREPARED FOODSTUFFS, BEVERAGES, AND 

 TOBACCO............................................................... 2.050 119.8 121.2 3.8 0.0 0.3 0.3 1.2

20 Preparations of vegetables, fruit, 

 nuts, or other parts of plants................................. 0.268 119.7 120.0 6.2 0.2 0.8 0.8 0.3

22 Beverages, spirits, and vinegar.................................... 0.798 110.3 110.4 2.7 -0.5 0.2 0.0 0.1

V MINERAL PRODUCTS...................................................... 19.431 204.1 188.7 -10.7 -11.1 1.5 5.1 -7.5

27 Mineral fuels, oils and residuals, 

 bituminous substances and mineral wax............... 19.044 203.4 187.7 -11.0 -11.3 1.6 5.2 -7.7

VI PRODUCTS OF THE CHEMICAL OR ALLIED 

 INDUSTRIES........................................................... 7.149 118.9 121.0 6.8 0.8 0.9 1.2 1.8

28 Inorganic chemicals..................................................... 0.828 179.7 190.5 26.9 3.8 3.7 4.5 6.0

29 Organic chemicals....................................................... 2.665 122.2 123.5 8.6 1.1 1.3 1.2 1.1

30 Pharmaceutical products............................................. 2.018 106.1 108.5 -0.2 -0.5 0.0 0.7 2.3

32 Tanning & dyeing extracts; dye & 

 pigments; varnish & paints; putty.......................... 0.182 101.7 102.1 1.3 0.0 0.2 0.1 0.4

33 Essential oils and resinoids (Dec. 2001=100).............. 0.415 110.6 110.2 3.1 1.4 -0.4 0.2 -0.4

38 Miscellaneous chemical products................................ 0.429 94.8 94.9 3.0 0.4 -0.5 0.2 0.1

VII PLASTICS AND ARTICLES THEREOF; RUBBER 

 AND ARTICLES THEREOF..................................... 2.975 120.1 119.8 1.8 -0.5 -0.3 -0.8 -0.2

39 Plastics and articles thereof......................................... 1.939 118.0 117.0 -0.8 -0.3 -0.3 -0.8 -0.8

40 Rubber and articles thereof.......................................... 1.036 124.2 125.5 6.9 -0.9 -0.3 -0.9 1.0

VIII RAW HIDES, SKINS, LEATHER, FURSKINS, 

 TRAVEL GOODS, ETC........................................... 0.606 105.5 105.4 1.5 0.1 -0.1 -0.2 -0.1

42 Articles of leather; travel goods, bags, 

 etc. of various materials........................................ 0.526 105.5 105.3 1.6 0.0 -0.1 -0.2 -0.2

IX WOOD, WOOD CHARCOAL, CORK, STRAW, 

 BASKETWARE AND WICKERWORK..................... 1.301 110.8 111.6 -9.9 -4.8 -1.6 -0.1 0.7

X WOODPULP, RECOVERED PAPER, AND 

 PAPER PRODUCTS................................................... 1.607 109.1 108.4 3.2 -0.4 0.0 -0.1 -0.6

48 Paper and paperboard; articles of paper 

 pulp, paper or paperboard..................................... 1.107 106.1 104.8 0.5 -0.5 -0.2 -0.1 -1.2

49 Printed matter.............................................................. 0.281 114.6 114.7 1.8 0.2 -0.2 -0.1 0.1

XI TEXTILE AND TEXTILE ARTICLES.................................. 5.527 101.0 101.1 0.4 0.1 0.0 -0.1 0.1

61 Articles of apparel and clothing 

 accessories, knitted or crocheted......................... 1.986 100.1 100.2 0.3 0.0 0.1 -0.1 0.1

62 Articles of apparel and clothing 

 accessories, not knitted or crocheted.................... 2.218 99.4 99.5 -0.5 -0.2 0.0 0.0 0.1

63 Made-up or worn textile articles................................... 0.544 94.3 94.3 0.7 -0.1 0.0 -0.1 0.0

XII HEADGEAR, UMBRELLAS, 

 ARTIFICIAL FLOWERS, ETC..................................... 1.267 101.0 101.3 1.1 0.1 0.1 0.1 0.3

64 Footwear and parts of such articles............................ 1.075 101.3 101.5 0.8 0.0 0.0 0.1 0.2

See footnotes at end of table

December

2006
9

Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

Import- Annual Monthly

Harmo- ance Jan. Sept. Oct. Nov. Dec.

nized Description 2006 2006 2006 2006 2006

System December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

XIII STONE, PLASTER, CEMENT, ASBESTOS, 

 CERAMICS, GLASS ETC......................................... 0.980 108.6 109.2 3.9 -0.2 -0.3 0.0 0.6

68 Articles of stone, plaster, cement, 

 asbestos, or mica (Dec. 2001=100).................... 0.344 102.0 102.7 1.5 0.1 -0.3 -1.1 0.7

69 Ceramic products...................................................... 0.307 113.8 114.3 4.2 -0.2 -0.1 0.6 0.4

70 Glass and glassware................................................. 0.329 109.1 109.6 6.0 -0.5 -0.4 0.4 0.5

XIV PEARLS, STONES, PRECIOUS METALS, 

 IMITATION JEWELRY, AND COINS........................ 2.826 127.6 128.3 18.2 -1.0 0.3 2.2 0.5

XV BASE METALS AND ARTICLES OF BASE METAL....... 6.590 164.0 163.8 20.8 -0.7 1.4 0.4 -0.1

72 Iron and steel............................................................ 1.462 183.5 183.6 19.9 -0.3 -1.1 -1.0 0.1

73 Articles of iron or steel............................................... 1.478 126.1 126.4 2.1 0.0 0.0 0.2 0.2

74 Copper and articles thereof....................................... 0.926 295.8 273.6 44.8 -6.2 6.0 -3.0 -7.5

76 Aluminum and articles thereof................................... 1.150 145.9 148.1 16.5 0.4 1.5 2.6 1.5

82 Tools, implements, cutlery, spoons and 

 forks, of base metal; parts thereof...................... 0.364 107.5 107.7 1.5 0.2 0.0 0.2 0.2

83 Miscellaneous articles of base metal......................... 0.490 124.4 124.7 9.2 0.4 0.2 1.2 0.2

XVI MACHINERY, ELECTRICAL EQUIPMENT, TV 

 IMAGE & SOUND RECORDERS, PARTS, ETC....... 25.155 88.1 88.1 0.0 0.0 0.0 0.0 0.0

84 Machinery and mechanical appliances; parts thereof 12.998 88.6 88.5 0.0 -0.1 0.1 0.2 -0.1

85 Electrical machinery and equip, sound 

 and TV recorders & reproducers, parts............... 12.157 87.7 87.6 -0.1 0.0 0.0 -0.1 -0.1

XVII VEHICLES, AIRCRAFT, VESSELS AND 

 ASSOCIATED TRANSPORT EQUIPMENT.............. 12.993 105.4 105.5 1.0 0.4 0.0 0.0 0.1

87 Motor vehicles and their parts.................................... 11.998 104.6 104.7 0.8 0.2 0.0 0.0 0.1

88 Aircraft, spacecraft, and parts 

 thereof (Dec. 2002=100)..................................... 0.880 107.9 108.1 2.6 0.6 0.3 0.2 0.2

XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & 

 MUSICAL INSTRUMENTS; & TIMEPIECES............. 3.089 99.8 99.8 0.5 0.3 -0.2 0.2 0.0

90 Optical, photographic, measuring and 

 medical instruments........................................... 2.747 98.2 98.1 -0.2 0.2 -0.1 0.0 -0.1

91 Clocks and watches and parts thereof....................... 0.251 115.3 115.5 5.7 1.3 0.0 1.9 0.2

XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.915 100.5 101.0 1.6 0.3 0.2 0.2 0.5

94 Furniture & stuffed furnishings; lamps & 

 lighting fittings, nesoi; prefab bldg...................... 2.230 104.1 104.4 1.3 0.2 0.1 0.1 0.3

95 Toys, games and sports equipment; parts 

 and accessories thereof..................................... 1.478 95.8 96.1 1.5 0.3 0.4 0.2 0.3

96 Miscellaneous manufactured articles......................... 0.207 102.0 107.8 6.1 0.2 0.0 0.1 5.7

1 Relative importance figures are based on 2005 trade values.

2 Product categories included in this group have been modified due to concordance or coverage limitations.

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

 n.a. Not available

December

2006
10

Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

Harmo- ance Jan. Sept. Oct. Nov. Dec.

nized Description 2006 2006 2006 2006 2006

System December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

I LIVE ANIMALS; ANIMAL PRODUCTS.............................. 1.414 132.3 136.4 5.8 -0.9 -1.5 0.5 3.1

02 Meat & edible meat offal (Dec. 2006=100)................... 0.697 100.0 104.1 n.a. n.a. n.a. n.a. 4.1

03 Fish and crustaceans, molluscs and 

 other aquatic invertebrates................................... 0.413 119.7 120.0 -1.3 -2.3 -2.4 1.3 0.3

II VEGETABLE PRODUCTS................................................ 4.086 152.5 152.4 21.2 2.7 7.8 2.9 -0.1

08 Edible fruit and nuts; peel of citrus 

 fruit or melons....................................................... 0.649 112.8 112.8 -0.9 -7.0 -3.6 6.1 0.0

10 Cereals........................................................................ 1.863 175.0 167.0 33.8 6.9 13.5 2.3 -4.6

12 Oilseeds and misc. grains, seeds, 

 fruits, plants, straw and fodder.............................. 0.999 136.0 134.7 7.3 1.8 11.8 0.7 -1.0

IV PREPARED FOODSTUFFS, BEVERAGES, AND 

 TOBACCO............................................................... 2.262 115.9 117.7 5.8 0.4 0.7 0.8 1.6

21 Miscellaneous edible preparations............................... 0.425 109.7 110.3 2.7 0.1 0.8 0.0 0.5

23 Residues and waste from the food 

 industries; prepared animal feed........................... 0.486 139.7 142.2 12.9 2.3 3.3 4.5 1.8

V MINERAL PRODUCTS...................................................... 4.327 231.8 225.4 2.7 -7.2 7.5 3.9 -2.8

27 Mineral fuels, oils and residuals, 

 bituminous substances and mineral wax............... 3.510 213.5 206.3 0.6 -8.5 6.6 4.0 -3.4

VI PRODUCTS OF THE CHEMICAL OR ALLIED 

 INDUSTRIES........................................................... 11.688 125.2 125.9 6.7 0.0 -0.3 0.4 0.6

28 Inorganic chemicals..................................................... 1.268 168.4 170.5 35.5 0.9 2.5 2.5 1.2

29 Organic chemicals....................................................... 3.674 138.0 137.6 4.9 -0.8 -2.2 -0.4 -0.3

30 Pharmaceutical products............................................. 2.497 111.2 113.2 4.9 -0.1 0.4 0.8 1.8

32 Tanning or dyeing extracts, dyes, 

 paints, varnish, putty, & inks................................. 0.609 114.2 114.9 7.7 0.1 2.0 1.9 0.6

33 Essential oils and resinoids; 

 perfumery, cosmetic or toilet................................. 0.682 114.6 115.3 3.5 0.5 -0.4 0.2 0.6

34 Soap; lubricants; waxes, polishing or 

 scouring products; candles, pastes....................... 0.409 109.4 109.7 2.1 0.6 1.4 -1.0 0.3

38 Miscellaneous chemical products................................ 1.621 113.3 113.7 2.5 0.4 0.2 0.3 0.4

VII PLASTICS AND ARTICLES THEREOF; RUBBER 

 AND ARTICLES THEREOF..................................... 5.391 126.4 127.4 -0.2 -1.1 -1.7 -0.4 0.8

39 Plastics and articles thereof......................................... 4.324 122.6 123.3 -1.4 -1.4 -2.1 -0.5 0.6

40 Rubber and articles thereof.......................................... 1.067 142.3 145.0 5.6 0.1 0.1 0.0 1.9

VIII RAW HIDES, SKINS, LEATHER, FURSKINS, 

 TRAVEL GOODS, ETC........................................... 0.490 123.0 124.1 10.1 1.4 1.0 1.8 0.9

IX WOOD, WOOD CHARCOAL, CORK, STRAW, 

 BASKETWARE AND WICKERWORK..................... 0.724 109.4 109.3 4.5 0.2 1.1 -0.3 -0.1

X WOODPULP, RECOVERED PAPER, AND 

 PAPER PRODUCTS................................................... 2.688 108.0 108.7 6.9 0.0 0.1 0.7 0.6

47 Woodpulp and recovered paper................................... 0.636 105.7 108.6 17.2 0.0 1.1 2.9 2.7

48 Paper and paperboard; articles of paper 

 pulp, paper or paperboard..................................... 1.462 107.0 107.1 5.6 0.5 -0.3 0.1 0.1

49 Printed material........................................................... 0.590 116.5 116.1 0.0 -1.2 -0.1 0.0 -0.3

XI TEXTILE AND TEXTILE ARTICLES.................................. 2.482 102.1 102.4 -0.1 -0.4 0.3 0.6 0.3

52 Cotton, including yarns and woven fabrics thereof....... 0.676 94.4 94.9 0.0 -1.7 1.5 2.4 0.5

See footnotes at end of table

December

2006
11

Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

Import- Annual Monthly

Harmo- ance Jan. Sept. Oct. Nov. Dec.

nized Description 2006 2006 2006 2006 2006

System December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

XIII STONE, PLASTER, CEMENT, ASBESTOS, 

 CERAMICS, GLASS ETC......................................... 0.798 105.5 106.1 2.3 0.0 0.1 1.2 0.6

70 Glass and glassware................................................. 0.435 95.8 95.9 0.8 -0.1 0.1 0.3 0.1

XIV PEARLS, STONES, PRECIOUS METALS, 

 IMITATION JEWELRY, AND COINS........................ 3.289 146.8 158.7 33.1 -1.7 0.4 7.6 8.1

XV BASE METALS AND ARTICLES OF BASE METALS..... 5.889 158.5 157.4 13.6 -0.6 0.8 0.3 -0.7

72 Iron and steel............................................................ 1.429 180.3 177.6 12.8 -1.6 -0.7 0.6 -1.5

73 Articles of iron or steel............................................... 1.394 138.6 139.6 8.0 -0.1 0.3 0.1 0.7

74 Copper and articles thereof....................................... 0.709 246.2 229.3 27.6 -1.0 2.9 -3.4 -6.9

76 Aluminum and articles thereof................................... 1.072 148.7 148.5 16.7 0.2 2.1 3.9 -0.1

82 Tools, implements, cutlery, spoons and 

 forks, of base metal; parts thereof...................... 0.407 112.4 113.7 4.0 1.0 0.0 0.0 1.2

83 Miscellaneous articles of base metal......................... 0.406 124.6 124.7 4.5 -0.3 0.1 0.3 0.1

XVI MACHINERY, ELECTRICAL EQUIPMENT, TV 

 IMAGE AND SOUND RECORDERS, PARTS, ETC.. 32.438 93.8 93.8 0.0 0.2 0.0 -0.1 0.0

84 Machinery and mechanical appliances; parts thereof 18.576 102.1 102.3 1.4 0.1 0.0 -0.1 0.2

85 Electrical machinery and equipment 

 and parts and accessories thereof...................... 13.862 84.8 84.4 -1.9 0.1 0.1 0.0 -0.5

XVII VEHICLES, AIRCRAFT, VESSELS AND 

 ASSOCIATED TRANSPORT EQUIPMENT.............. 13.959 112.7 113.0 2.3 0.2 0.1 0.4 0.3

87 Motor vehicles and their parts.................................... 9.031 105.2 105.4 1.1 0.2 0.0 0.2 0.2

XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & 

 MUSICAL INSTRUMENTS; & TIMEPIECES............. 6.282 102.6 103.3 1.5 0.2 0.0 0.0 0.7

XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.445 101.9 103.7 3.2 -0.6 0.5 0.3 1.8

94 Furniture; stuffed furnishings; 

 lamps and lighting fittings nesoi;......................... 0.808 112.0 113.5 7.1 0.2 2.3 1.6 1.3

95 Toys, games and sports equipment; parts 

 and accessories thereof..................................... 0.497 89.4 87.7 -7.2 -2.1 -2.0 -2.1 -1.9

1 Relative importance figures are based on 2005 trade values.

2 Product categories included in this group have been modified due to concordance or coverage limitations.

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

 n.a. Not available

December

2006
12

Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin 

 January 2006-January 2007 2000=100, unless otherwise noted

 Index Percent Change

Annual Monthly

Percentage Jan. Sept. Oct. Nov. Dec.

Description of 2006 2006 2006 2006 2006

U.S. January to to to to to

Imports 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

2/ Industrialized Countries................................................ 44.813 117.1 116.4 1.6 -2.2 1.5 0.9 -0.6

 Nonmanufactured Articles....................................... 4.582 187.4 170.9 -13.8 -14.0 9.0 8.9 -8.8

 Manufactured Articles.............................................. 39.766 111.7 112.1 3.5 -0.9 0.8 0.0 0.4

3/ Other Countries............................................................ 55.204 111.9 109.4 -1.6 -2.7 -0.1 1.0 -2.2

 Nonmanufactured Articles....................................... 11.023 190.5 176.7 -9.2 -9.1 -1.1 3.6 -7.2

 Manufactured Articles.............................................. 43.982 100.9 100.1 0.5 -0.7 0.1 0.3 -0.8

 Canada......................................................................... 17.052 129.6 127.5 -2.3 -4.4 2.6 1.9 -1.6

 Nonmanufactured Articles....................................... 3.871 190.1 171.9 -16.6 -15.7 12.8 9.3 -9.6

 Manufactured Articles.............................................. 12.851 118.7 119.5 2.3 -1.2 0.3 -0.1 0.7

4/ European Union............................................................ 17.908 120.6 121.2 4.4 -0.7 0.1 0.7 0.5

 Nonmanufactured Articles....................................... 0.389 199.0 185.4 -13.1 -5.8 -5.1 1.2 -6.8

 Manufactured Articles.............................................. 17.406 119.1 119.8 4.8 -0.5 0.4 0.7 0.6

 France (Dec. 2003=100)............................................... 1.888 105.7 106.3 3.2 1.0 -0.1 0.7 0.6

 Germany (Dec. 2003=100)........................................... 5.008 106.1 106.1 3.9 0.3 0.6 0.3 0.0

 United Kingdom (Dec. 2003=100)................................. 2.845 115.7 115.1 -0.4 -2.1 -0.9 0.3 -0.5

5/ Latin America............................................................... 17.619 136.3 133.5 -0.5 -2.8 -0.6 0.6 -2.1

 Nonmanufactured Articles....................................... 4.822 195.9 183.0 -7.7 -8.0 -0.5 4.0 -6.6

 Manufactured Articles.............................................. 12.721 125.9 125.7 2.4 -0.5 -0.7 -0.8 -0.2

 Mexico (Dec. 2003=100)............................................... 10.163 118.6 118.1 2.0 -1.9 -0.1 0.1 -0.4

6/ Pacific Rim (Dec. 2003=100)........................................ 33.452 98.5 98.3 -0.5 -0.3 -0.1 0.1 -0.2

 China (Dec. 2003=100)................................................ 14.941 97.3 97.3 -0.8 -0.2 0.1 0.0 0.0

 Japan........................................................................... 8.308 94.1 94.2 -0.4 -0.2 -0.1 0.0 0.1

7/ Asian NICs................................................................... 6.124 89.1 88.7 -0.3 -0.1 -0.2 0.1 -0.4

8/ ASEAN (Dec. 2003=100).............................................. 5.993 98.0 96.6 0.1 -0.7 -0.3 0.0 -1.4

9/ Asia Near East (Dec. 2003=100).................................. 3.765 169.2 161.1 -4.4 -6.4 -1.0 3.2 -4.8

1 Percentage of trade figures are based on 2005 trade values.

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

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

4 Includes European Union countries.

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

6 Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and Asia Newly Industrialized Countries (see footnote 7).

7 Asia Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.

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

9 Includes 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.

 n.a. Not available

December

2006
13

Table 8 U.S. International Price Indexes and Percent Changes for Selected Transportation Services

 January 2006-January 2007 2000=100, unless otherwise noted

Index Percent Change

Relative

import- Annual Monthly

ance Jan. Sept. Oct. Nov. Dec.

Description 2006 2006 2006 2006 2006

December January to to to to to

2006 2007 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

AIR FREIGHT

 Import Air Freight..................................................... 100.000 131.2 132.3 4.3 -0.1 -2.3 1.0 0.8

 Europe (Dec. 2003=100)..................................... 27.470 127.6 130.9 10.9 -0.5 -4.3 1.8 2.6

 Asia..................................................................... 61.659 115.1 115.3 0.2 0.3 -1.2 0.5 0.2

 Export Air Freight..................................................... 100.000 116.7 118.4 6.0 -0.4 -0.7 0.1 1.5

 Europe (Dec. 2006=100)..................................... 38.968 100.0 100.9 n.a. n.a. n.a. n.a. 0.9

 Inbound Air Freight................................................... 100.000 127.1 128.0 3.9 -0.7 -1.2 0.6 0.7

 Europe (Dec. 2003=100)..................................... 29.229 123.4 126.7 9.9 -1.3 -2.6 1.1 2.7

 Asia..................................................................... 57.996 110.6 110.4 -0.2 -0.1 -0.5 0.3 -0.2

 Outbound Air Freight................................................ 100.000 113.9 113.8 2.2 -0.9 -1.3 -0.3 -0.1

 Europe (Dec. 2003=100)..................................... 41.980 128.9 128.7 3.0 -1.3 -1.5 0.0 -0.2

 Asia..................................................................... 40.654 104.3 104.1 -0.6 -0.7 -1.4 -0.8 -0.2

AIR PASSENGER FARES

 Import Air Passenger Fares..................................... 100.000 125.4 122.8 7.0 -4.1 -3.3 3.3 -2.1

 Europe................................................................. 39.686 114.0 114.8 8.6 -6.8 -4.4 0.1 0.7

 Asia..................................................................... 28.097 129.4 116.6 5.0 -2.3 -0.6 18.1 -9.9

 Latin America/Caribbean..................................... 13.707 124.1 123.2 6.6 1.8 -0.6 3.2 -0.7

 Export Air Passenger Fares..................................... 100.000 137.3 141.8 6.9 -1.9 -2.6 0.9 3.3

 Europe................................................................. 30.297 162.2 165.0 14.2 -1.0 -7.1 0.8 1.7

 Asia..................................................................... 30.913 108.3 114.3 0.8 -4.5 -1.0 0.1 5.5

 Latin America/Caribbean..................................... 21.231 157.8 166.4 6.9 0.8 0.3 1.9 5.4

 Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000 118.5 122.2 9.5 -1.4 -4.6 1.6 3.1

 Europe (Dec. 2003=100)..................................... 37.823 116.7 117.3 13.1 -0.4 -8.9 1.6 0.5

 Asia (Dec. 2003=100)......................................... 29.748 107.3 112.5 3.3 -4.5 -2.6 2.2 4.8

 Latin America/Caribbean (Dec. 2003=100)......... 13.849 123.5 131.4 9.1 1.1 -0.3 1.4 6.4

 Canada (Dec. 2003=100).................................... 8.295 164.4 160.2 11.4 -0.3 -0.2 1.5 -2.6

 Outbound Air Passenger Fares (Dec. 2003=100).... 100.000 119.3 118.7 6.8 -4.2 -2.8 1.4 -0.5

 Europe (Dec. 2003=100)..................................... 36.967 118.5 119.7 8.6 -7.9 -4.5 -0.2 1.0

 Asia (Dec. 2003=100)......................................... 24.011 114.6 107.9 2.2 -2.0 -2.5 6.9 -5.8

 Latin America/Caribbean (Dec. 2003=100)......... 23.296 113.9 114.3 5.1 0.5 0.0 0.8 0.4

 Canada (Dec. 2003=100).................................... 6.759 165.9 165.7 15.8 0.0 0.0 1.2 -0.1

CRUDE OIL TANKER FREIGHT

2/ Inbound Crude Oil Tanker Freight............................ 100.000 n.a. n.a. n.a. -0.7 -2.0 n.a. n.a.

OCEAN LINER FREIGHT

 Inbound Ocean Liner Freight................................... 100.000 114.0 113.2 -10.6 -0.3 0.2 -0.1 -0.7

 U.S. East Coast................................................... 56.393 118.6 118.3 -7.4 -0.6 0.3 -0.1 -0.3

 From Atlantic................................................. 24.805 118.0 117.5 -11.5 -1.2 -0.8 0.0 -0.4

 From Pacific.................................................. 23.040 122.6 122.7 -0.2 -0.1 1.3 -0.1 0.1

 U.S. West Coast.................................................. 43.607 111.7 110.2 -12.8 0.0 0.1 0.0 -1.3

1 Relative importance figures are based on 2005 trade values.

2 Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures.

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

 n.a. Not available

December

2006
14

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes for merchandise goods 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, respectively, by end use for the Bureau of Economic Analysis 

System, industry for the North American Industry Classification System (NAICS), and product category for 

the Harmonized System (HS). While classification by end use and product category are self-explanatory, a 

couple of notes are in order for classifying items by industry. In the NAICS tables, for both imports and 

exports, items are classified by output industry, not input industry. As an example, NAICS import index 326 

(plastics and rubber products) would 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 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. 

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. 

Services Price Indexes -- Price indexes for internationally traded services 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.). The Air Passenger 

Fares Indexes are calculated from data collected from a commercial airline reservation system. These data 

exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are 

calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is 

lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected 

directly from companies. Fact sheets specifying detailed information for each services industry are available 

at http://www.bls.gov/mxp/ under “Publications and Other Documentation.” 
15

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 price elasticities, and the merchandise import indexes by country or region of origin are 

useful for terms of trade analysis. 

Mailing List -- If you wish to be added to the mailing list to receive a copy of the U.S. Import and Export 

Price Index News Release, please either call the IPP information line at (202) 691-7101 or send e-mail to 

(mxpinfo@bls.gov) to provide your name and mailing address. You may also contact the IPP at the 

following address: 

 Division of International Prices 

 Bureau of Labor Statistics 

 PSB Building, Rm. 3955 

 2 Massachusetts Avenue, N.E. 

 Washington, DC 20212-0001 

The information you provide will be used to register you for delivery of selected publications. The Bureau 

of Labor Statistics (BLS) is authorized to request this information under 5 United States Code (USC) Section 

301. Furnishing such information is voluntary; however, BLS may not be able to register you for the 

subscription service if you fail to do so. As part of helping us assess the quality of our customer service, 

BLS may contact subscribers with a customer service survey. 

In addition, the IPP news release is now available through an e-mail subscription service at 

(http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm). 

 

Additional Information -- More detailed IPP data are available on the IPP home page at 

(http://www.bls.gov/mxp). To access data using Anonymous FTP, use the Internet address at 

(ftp://ftp.bls.gov). For technical assistance in using the BLS Internet site, send e-mail to 

(labstat.helpdesk@bls.gov). For IPP 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.