U.S. IMPORT AND EXPORT PRICE INDEXES – JANUARY 2021 

Prices for U.S. imports increased 1.4 percent in January, after rising 1.0 percent in December, the U.S. 

Bureau of Labor Statistics reported today. The January advance was the largest 1-month rise since the index 

increased 1.4 percent in March 2012. U.S. export prices increased 2.5 percent in January following advances 

of 1.3 percent and 0.7 percent the 2 previous months. The January increase was the largest advance since the 

index was first published on a monthly basis in December 1988. 

Chart 1. One-month and 12-month percent changes in the Import Price Index: January 2020 – January 2021

Imports 

The price index for U.S. imports rose 1.4 percent in January following a 1.0-percent increase the previous 

month. Higher fuel and nonfuel prices both contributed to the advances in January and December. U.S. 

import prices rose 0.9 percent for the year ended in January, the first over-the-year increase since January 

2020 and the largest 12-month advance since the index increased 3.4 percent from October 2017 to October 

2018. (See table 1.) 

Coronavirus (COVID-19) Pandemic Impact on January 2021 Import and Export Price Index Data

The Bureau of Labor Statistics did not make changes to either the collection method or estimation 

methodology for the January 2021 release of U.S. Import and Export Price Indexes. Survey response rates 

for January were 5.9-percentage points lower than those in January 2020. Additional information is 

available at www.bls.gov/covid19/import-export-price-indexes-covid19-impacts-january-2021.htm. 

0.2

-0.7

-2.4 -2.6

0.7

1.3 1.2 0.9

0.2

-0.1 0.1

1.0 1.4

0.5

-1.3

-4.2

-6.8

-6.3

-4.0

-2.8

-1.4 -1.3 -1.0 -1.0

-0.3

0.9

-8.0

-7.0

-6.0

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

Jan'20 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'21

1-month percent change 12-month percent change

Transmission of material in this release is embargoed until

8:30 a.m. (ET) Thursday, February 18, 2021 

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

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

USDL-21-0279
2

Fuel Imports: Import fuel prices increased 7.4 percent in January following advances of 8.1 percent in 

December and 4.4 percent in November. In January, higher petroleum prices more than offset lower natural 

gas prices. Prices for import petroleum advanced 8.3 percent in January, after rising 9.3 percent in 

December and 2.5 percent in November. Despite the recent increases, import fuel prices decreased 13.4 

percent for the year ended in January. A 14.3-percent decline in petroleum prices more than offset an 11.3-

percent advance in natural gas prices. The 12-month decrease in fuel prices was the smallest over-the-year 

drop for the index since February 2020. 

 

All Imports Excluding Fuel: Nonfuel import prices rose 0.8 percent in January following a 0.4-percent 

advance the previous month. The January increase was the largest monthly rise since April 2011. In

January, higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; capital 

goods; and automotive vehicles more than offset lower prices for import consumer goods. Prices for nonfuel 

imports increased 2.5 percent over the past 12 months, primarily driven by rising nonfuel industrial supplies 

and materials prices. 

Nonfuel Industrial Supplies and Materials: Prices for nonfuel industrial supplies and materials advanced 4.2 

percent in January, the largest monthly increase since the index was first published in December 2001. The 

January rise was mainly led by higher prices for unfinished metals and lumber. 

Finished Goods: Finished goods prices were mixed in January. Prices for capital goods and automotive 

vehicles each advanced 0.2 percent. The price index for import consumer goods edged down 0.1 percent. 

Foods, Feeds, and Beverages: The price index for foods, feeds, and beverages increased 2.1 percent in 

January, after ticking up 0.1 percent the previous month. The January advance was driven by increasing 

prices for fruits and vegetables. 

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: January 2020 – January 2021 

Exports 

Prices for U.S. exports rose 2.5 percent in January, after advances of 1.3 percent in December and 0.7 

percent in November. Higher agricultural and nonagricultural prices both contributed to the January increase 

in export prices. The price index for U.S. exports rose 2.3 percent for the year ended in January, the largest 

12-month increase since the index advanced 3.1 percent in October 2018. (See table 2.)

Agricultural Exports: Agricultural export prices increased 6.0 percent in January following a 0.9-percent 

advance in December. The January rise was the largest monthly increase since the index advanced 6.0 

percent in July 2012; higher prices for soybeans, corn, wheat, cotton, meat, fruit, vegetables, and nuts all 

contributed to the January advance. Prices for agricultural exports rose 9.4 percent over the past year, the 

largest 12-month increase since the index advanced 9.6 percent in June 2013. The rise from January 2020 to 

January 2021 was led by a 41.5-percent increase in soybean prices and a 27.7-percent advance in corn 

prices. 

All Exports Excluding Agriculture: Prices for nonagricultural exports rose 2.2 percent in January, the 

largest 1-month increase since the index was first published monthly in December 1988. The January 

advance followed a 1.3-percent rise in December and was driven by higher prices for nonagricultural 

industrial supplies and materials; capital goods; and automotive vehicles which more than offset declining 

consumer goods prices. Nonagricultural export prices increased 1.5 percent for the year ended in January. 

The advance was primarily led by higher prices for nonagricultural industrial supplies and materials. 

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

advanced 6.0 percent in January, after rising 3.7 percent in December. The January increase was driven by 

higher prices for fuel, nonferrous metals, steelmaking materials, and chemicals. 

Finished Goods: Finished goods prices were mixed in January. Prices for capital goods ticked up 0.1 

percent and automotive vehicle prices advanced 0.3 percent. In contrast, consumer goods prices fell 0.7 

percent in January. The decline was led by a 2.1-percent drop in the price index for medicinal, dental, and 

pharmaceutical materials. The January decline in consumer goods prices was the largest monthly drop since 

the index decreased 1.0 percent in January 2017. 

0.6 -1.2 -1.4

-3.5

0.0

1.8

1.0 0.5 0.6 0.2 0.7

1.3

2.5

0.4

-1.4

-3.5

-7.0 -6.7

-4.5

-3.7

-2.7

-1.8 -1.7

-1.0

0.4

2.3

-8.0

-7.0

-6.0

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

Jan'20 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'21

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 rose 0.3 percent for the second consecutive 

month in January. Those increases are the largest 1-month advances since the index rose 0.3 percent in 

November 2017. The price index for imports from China advanced 0.7 percent over the past 12 months, the 

largest over-the-year increase since a 0.8-percent rise from August 2011 to August 2012. Prices for imports 

from Japan rose 0.2 percent in January, after a 0.2-percent advance in December. Import prices from Japan 

rose 0.5 percent over the past year, the largest 12-month advance since the index increased 0.5 percent in 

January 2019. The price indexes for imports from Canada and from Mexico also rose in January, advancing 

5.1 percent and 0.8 percent, respectively. Prices for imports from the European Union increased 0.4 percent 

for the second consecutive month in January. (See table 7.) 

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

following advances of 1.9 percent in December and 1.8 percent in November. The January decline was the 

first decrease since the index fell 1.2 percent in September 2020. Despite the decrease, the price index for 

exports to China rose 3.9 percent over the past 12 months. Export prices to Japan advanced 2.2 percent in 

January, after rising 1.4 percent the previous month. The January increase was the largest monthly advance 

since the index rose 4.4 percent in June 2020, and prices for exports to Japan increased 3.8 percent over the 

past year. The price index for exports to Canada advanced 2.1 percent in January and export prices to 

Mexico rose 3.2 percent. Prices for exports to the European Union also increased in January, advancing 1.3 

percent following a 1.6-percent rise in December. (See table 8.)

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

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

declined 0.4 percent in January, after increasing 4.2 percent from September to December. Advancing 

import prices from China and decreasing export prices to China contributed to the January decline in U.S. 

terms of trade with China. Despite the drop, the index for U.S. terms of trade with China rose 3.1 percent for 

the year ended in January. The U.S. terms of trade with Japan increased 2.0 percent in January and 3.3 

percent over the past year. The indexes for U.S. terms of trade with Mexico and the European Union also 

advanced in January, rising 2.4 percent and 1.0 percent, respectively. In contrast, the U.S. terms of trade 

with Canada declined 2.9 percent in January. (See table 9.) 

Import and Export Services

Imports: Import air passenger fares declined 5.6 percent in January following a 3.9-percent advance in 

December. The January decrease was the largest 1-month drop since a 12.3-percent decline in April and 

lower Asian, European, and Latin American/Caribbean fares all contributed to the decrease. Import air 

passenger fares fell 13.6 percent for the year ended in January. Prices for import air freight decreased 5.8 

percent in January, after increasing 21.4 percent in the fourth quarter of 2020. The January drop was the 

largest monthly decline since the index fell 14.0 percent in July 2020. Import air freight prices rose 69.3 

percent from January 2020 to January 2021. (See table 10.) 

Exports: The index for export air passenger fares advanced 11.2 percent in January following a 9.5-percent 

decline in December and a 14.5-percent increase in November. The January rise in export air passenger 

fares was driven by a 23.4-percent advance in Asian fares. Export air passenger fares increased 8.0 percent 

over the past 12 months. Export air freight prices advanced 1.4 percent in January and edged down 0.1 

percent over the past year. 

 

U.S. Import and Export Price Index data for February are scheduled for release on Tuesday, March 16, 2021

at 8:30 a.m. (ET).
Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2020 to

January 2021

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

All commodities................................... 100.000 124.6 126.3 0.9 -0.1 0.1 1.0 1.4

All imports excluding food and fuels (Dec.

2010=100)........................................ 86.594 100.8 101.6 2.6 0.1 -0.1 0.4 0.8

All imports excluding petroleum.............. 93.514 114.0 115.0 2.6 -0.1 0.0 0.4 0.9

All imports excluding fuels (Dec.

2001=100)........................................ 92.908 117.9 118.9 2.5 0.0 -0.2 0.4 0.8

Foods, feeds, & beverages................... 0 6.314 176.1 179.8 0.7 -0.1 -2.2 0.1 2.1

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.915 191.1 195.1 0.9 -0.4 -2.8 0.0 2.1

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.400 143.0 145.7 -0.1 1.2 -0.1 0.7 1.9

Industrial supplies & materials.............. 1 21.480 182.3 191.9 2.0 -0.1 1.3 4.2 5.3

Industrial supplies & materials excluding

petroleum.................................... 15.201 168.4 174.9 12.8 -0.1 0.9 2.0 3.9

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.462 189.4 197.3 13.3 0.3 -0.2 2.3 4.2

Industrial supplies & materials, durable. . .. 9.415 190.0 200.9 19.9 0.1 -0.7 2.8 5.7

Industrial supplies & materials nondurable

excluding petroleum....................... 5.579 141.4 142.5 2.3 -0.5 3.6 0.6 0.8

Fuels & lubricants............................. 10 7.092 170.9 183.6 -13.4 -1.0 4.4 8.1 7.4

Petroleum & petroleum products......... 100 6.486 180.4 195.4 -14.3 -0.2 2.5 9.3 8.3

Crude........................................ 10000 4.274 187.9 203.3 -12.7 -0.2 4.0 11.8 8.2

Fuels, n.e.s.-coals & gas.................. 101 0.511 138.3 135.1 9.7 -12.7 37.9 -6.2 -2.3

Gas-natural.................................. 10110 0.433 129.2 125.5 11.3 -14.7 44.2 -7.3 -2.9

Paper & paper base stocks.................. 11 0.482 109.7 108.0 -2.0 -0.5 1.1 0.4 -1.5

Materials associated with nondurable

supplies & materials....................... 12 4.491 156.0 158.3 2.5 0.9 0.6 1.6 1.5

Selected building materials.................. 13 1.817 176.6 199.4 39.3 1.4 -9.3 2.9 12.9

Unfinished metals related to durable

goods........................................ 14 3.930 285.7 304.8 28.6 -0.2 2.5 4.7 6.7

Finished metals related to durable

goods........................................ 15 1.878 163.7 166.4 5.5 -0.4 0.9 0.9 1.6

Nonmetals related to durable goods. . . . . .. 16 1.790 113.8 114.8 1.4 -0.1 0.3 0.5 0.9

Capital goods................................... 2 28.680 88.3 88.5 1.0 0.0 0.0 -0.1 0.2

Electric generating equipment............... 20 3.535 121.4 121.3 0.6 -0.1 0.0 0.1 -0.1

Nonelectrical machinery...................... 21 22.505 80.2 80.5 1.3 0.0 0.0 -0.1 0.4

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.640 135.6 135.5 0.4 0.1 -0.1 0.0 -0.1

Automotive vehicles, parts & engines..... 3 16.141 110.9 111.1 0.8 0.0 -0.1 0.0 0.2

Consumer goods, excluding

automotives.................................. 4 27.385 107.0 106.9 0.1 -0.1 0.0 0.1 -0.1

Nondurables, manufactured................. 40 13.959 124.3 123.5 -0.3 -0.2 -0.2 0.0 -0.6

Durables, manufactured...................... 41 12.336 91.0 91.3 0.3 -0.1 0.1 0.2 0.3

Nonmanufactured consumer goods. . . . . . .. 42 1.090 117.3 117.6 0.9 -0.1 0.1 0.7 0.3

1 Relative importance figures are based on 2019 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: January 2020 to

January 2021

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

All commodities................................... 100.000 125.5 128.7 2.3 0.2 0.7 1.3 2.5

Agricultural commodities....................... 9.817 190.2 201.6 9.4 3.5 3.5 0.9 6.0

All exports excluding food and fuels (Dec.

2010=100)........................................ 79.944 103.3 104.7 3.3 0.0 0.2 0.5 1.4

Nonagricultural commodities.................. 90.183 120.6 123.2 1.5 -0.2 0.5 1.3 2.2

Foods, feeds, & beverages................... 0 9.038 194.0 205.1 8.7 3.6 3.4 0.6 5.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.554 193.6 205.2 9.7 3.7 3.6 0.6 6.0

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.484 204.7 206.8 -6.7 2.7 0.5 0.6 1.0

Industrial supplies & materials.............. 1 33.179 149.8 158.8 4.2 -0.5 1.9 3.7 6.0

Industrial supplies & materials, durable. . .. 10.851 184.5 197.3 17.0 -0.3 0.8 0.8 6.9

Industrial supplies & materials,

nondurable.................................. 22.329 135.5 143.0 -1.7 -0.6 2.6 5.4 5.5

Agricultural industrial supplies &

materials..................................... 10 1.234 175.0 185.9 8.3 2.0 2.7 2.9 6.2

Nonagricultural industrial supplies &

materials..................................... 31.945 149.0 158.0 4.1 -0.6 1.9 3.7 6.0

Fuels & lubricants............................. 11 11.018 145.3 157.2 -10.2 -2.1 3.4 9.7 8.2

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 20.024 167.1 175.3 11.9 0.1 1.2 1.2 4.9

Selected building materials.................. 13 0.903 129.4 134.0 15.4 1.6 1.9 2.1 3.6

Capital goods................................... 2 35.321 111.2 111.3 0.3 -0.1 -0.2 0.0 0.1

Electrical generating equipment............. 20 3.657 120.0 120.0 1.6 -0.1 0.1 -0.4 0.0

Nonelectrical machinery...................... 21 23.168 94.4 94.5 -0.3 -0.2 -0.3 0.0 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 8.495 185.9 186.3 1.5 0.1 -0.3 0.5 0.2

Automotive vehicles, parts & engines..... 3 10.003 114.5 114.8 0.4 0.3 0.2 0.1 0.3

Consumer goods, excluding

automotives.................................. 4 12.459 110.4 109.6 -0.7 0.2 -0.5 0.3 -0.7

Nondurables, manufactured................. 40 6.309 108.9 107.6 -0.6 0.2 -0.5 0.4 -1.2

Durables, manufactured...................... 41 4.885 107.8 107.5 0.5 0.2 -0.8 0.1 -0.3

Nonmanufactured consumer goods (Dec.

2018=100)................................... 42 1.265 94.5 94.5 -4.4 0.0 0.1 1.1 0.0

1 Relative importance figures are based on 2019 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: January 2020 to January 2021

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Nonmanufacturing................................ 6.777 96.7 102.8 -9.0 -0.7 1.9 7.7 6.3

Agriculture, forestry, fishing and

hunting........................................ 11 1.895 171.2 177.8 1.4 -0.5 -6.5 -0.2 3.9

Crop production............................... 111 1.533 180.7 187.9 3.3 -0.9 -7.9 -1.0 4.0

Mining............................................ 21 4.882 88.0 94.3 -11.6 -0.8 5.3 10.4 7.2

Oil and gas extraction........................ 211 4.635 86.9 93.3 -12.2 -0.8 5.4 10.8 7.4

Mining (except oil and gas) (Dec.

2020=100)................................... 212 0.247 100.0 103.2 – – – – 3.2

Manufacturing..................................... 92.857 111.8 112.9 1.9 0.0 0.0 0.4 1.0

Manufacturing, part 1......................... 31 11.602 125.9 126.5 0.9 0.2 -0.1 0.2 0.5

Food manufacturing.......................... 311 3.659 155.9 158.0 1.7 0.3 0.6 0.6 1.3

Beverage and tobacco product

manufacturing............................... 312 1.217 128.6 128.7 1.7 0.1 -1.2 0.2 0.1

Textile mills (Dec. 2011=100)............... 313 0.358 101.3 101.3 2.1 -0.7 0.0 0.1 0.0

Textile product mills.......................... 314 0.964 106.7 107.0 0.4 0.8 -0.2 0.1 0.3

Apparel manufacturing....................... 315 3.776 112.7 112.8 0.3 0.0 -0.1 -0.1 0.1

Leather and allied product

manufacturing............................... 316 1.629 123.4 123.4 -0.6 0.2 -0.6 0.1 0.0

Manufacturing, part 2......................... 32 18.753 123.6 126.1 0.7 0.2 -0.9 1.2 2.0

Wood product manufacturing (Dec.

2019=100)................................... 321 1.123 143.8 175.3 75.8 2.1 -15.0 4.5 21.9

Paper manufacturing......................... 322 0.957 107.3 106.4 -1.0 -0.9 0.8 0.6 -0.8

Petroleum and coal products

manufacturing............................... 324 2.039 75.7 81.7 -19.3 0.0 -0.7 3.6 7.9

Chemical manufacturing..................... 325 10.893 138.3 137.9 -0.1 0.1 0.2 0.8 -0.3

Plastics and rubber products

manufacturing............................... 326 2.519 122.9 123.7 3.8 0.2 0.7 0.2 0.7

Nonmetallic mineral product

manufacturing............................... 327 1.032 131.3 132.1 0.4 -0.1 0.2 0.5 0.6

Manufacturing, part 3......................... 33 62.502 105.2 105.9 2.4 -0.1 0.2 0.4 0.7

Primary metal manufacturing................ 331 4.427 186.8 197.2 25.4 -0.3 2.7 3.8 5.6

Fabricated metal product manufacturing... 332 3.244 127.4 128.6 1.9 -0.1 0.2 0.6 0.9

Machinery manufacturing.................... 333 7.991 120.3 120.6 1.1 0.1 0.1 0.1 0.2

Computer and electronic product

manufacturing............................... 334 16.702 71.5 71.6 -0.1 -0.1 -0.1 -0.1 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 5.364 117.8 117.6 0.1 -0.1 -0.1 0.1 -0.2

Transportation equipment manufacturing... 336 17.460 110.2 110.4 0.9 -0.1 -0.1 0.1 0.2

Furniture and related product

manufacturing............................... 337 1.782 115.3 115.8 0.3 0.1 0.2 0.2 0.4

Miscellaneous manufacturing............... 339 5.532 120.6 121.9 2.6 -0.1 0.2 0.4 1.1

1 Relative importance figures are based on 2019 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: January 2020 to January 2021

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Nonmanufacturing................................ 11.367 125.7 136.4 5.8 1.6 6.1 3.7 8.5

Agriculture, forestry, fishing and

hunting........................................ 11 4.975 163.6 180.0 14.6 5.6 4.9 0.1 10.0

Crop production............................... 111 4.641 172.2 190.4 15.5 5.5 5.1 0.0 10.6

Mining............................................ 21 6.393 70.5 75.6 -1.8 -2.7 7.6 7.8 7.2

Mining (except oil and gas).................. 212 1.036 92.6 96.7 -0.8 -4.3 2.8 3.3 4.4

Manufacturing..................................... 86.909 116.4 118.1 1.0 0.0 0.3 0.9 1.5

Manufacturing, part 1......................... 31 6.775 144.2 146.1 2.2 1.2 1.6 0.8 1.3

Food manufacturing.......................... 311 4.700 162.6 165.0 1.5 1.5 2.2 0.7 1.5

Beverage and tobacco product

manufacturing............................... 312 0.628 132.0 136.4 11.3 2.0 0.6 3.2 3.3

Manufacturing, part 2......................... 32 23.534 108.8 111.9 -1.5 -0.1 0.7 3.3 2.8

Wood product manufacturing (Dec.

2017=100)................................... 321 0.477 105.9 112.2 20.8 2.3 1.5 1.7 5.9

Paper manufacturing......................... 322 1.451 118.3 121.8 3.1 0.1 -0.2 0.3 3.0

Petroleum and coal products

manufacturing............................... 324 4.627 83.2 91.5 -16.8 -1.4 -1.2 12.1 10.0

Chemical manufacturing..................... 325 13.787 120.7 121.6 3.8 0.5 1.4 1.7 0.7

Plastics and rubber products

manufacturing............................... 326 2.198 115.9 115.8 -0.9 -1.1 0.0 0.3 -0.1

Nonmetallic mineral product

manufacturing............................... 327 0.795 120.2 121.3 4.2 -0.5 1.6 1.5 0.9

Manufacturing, part 3......................... 33 56.600 116.9 117.9 2.0 -0.1 -0.1 -0.1 0.9

Primary metal manufacturing................ 331 4.155 179.8 194.7 24.7 -0.8 1.3 -1.0 8.3

Fabricated metal product manufacturing... 332 2.925 150.3 152.9 1.9 0.1 -0.9 0.1 1.7

Machinery manufacturing.................... 333 9.206 129.6 129.9 -0.5 -0.2 -0.5 0.0 0.2

Computer and electronic product

manufacturing............................... 334 13.606 81.4 81.5 -0.4 -0.4 -0.6 -0.1 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.710 117.9 117.8 0.3 0.0 0.2 -0.8 -0.1

Transportation equipment manufacturing... 336 17.369 130.3 130.6 0.9 0.2 0.1 0.2 0.2

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.387 127.0 129.6 5.8 1.6 0.0 0.2 2.0

Miscellaneous manufacturing............... 339 5.243 119.7 119.5 -0.3 0.3 0.1 0.3 -0.2

1 Relative importance figures are based on 2019 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: January 2020 to

January 2021

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Live animals; animal products................. I 1.375 194.1 198.7 -1.2 0.6 0.0 1.6 2.4

Meat and edible meat offal..................... 02 0.384 276.0 278.5 3.1 -0.8 0.5 2.0 0.9

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.711 133.8 137.8 -4.5 2.4 -0.7 1.7 3.0

Vegetable products............................... II 1.912 200.4 208.7 3.9 -0.5 -7.3 -1.3 4.1

Edible vegetables, roots, and tubers.......... 07 0.381 415.4 449.6 -8.1 1.7 -14.8 -8.1 8.2

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.655 98.0 103.5 2.2 -2.0 -11.6 -0.5 5.6

Coffee, tea, mate and spices.................. 09 0.373 222.8 222.4 7.4 -3.4 0.3 2.4 -0.2

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.320 104.5 107.4 19.3 1.2 10.3 3.9 2.8

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.113 169.2 169.7 0.8 0.2 -0.4 0.1 0.3

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.220 100.6 99.2 -2.3 0.0 -0.2 0.8 -1.4

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.354 168.9 168.9 -1.7 0.0 -0.1 0.2 0.0

Beverages, spirits, and vinegar................ 22 1.177 140.4 140.7 2.6 0.0 0.0 0.3 0.2

Mineral products.................................. V 7.220 173.4 186.0 -12.5 -1.0 4.5 7.6 7.3

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 6.892 169.2 181.7 -13.3 -1.1 4.7 7.9 7.4

Products of the chemical or allied

industries........................................ VI 10.277 156.4 155.9 -0.4 -0.1 0.2 0.9 -0.3

Inorganic chemicals............................. 28 0.497 280.3 287.4 -2.8 0.0 1.9 2.9 2.5

Organic chemicals............................... 29 2.277 126.5 127.8 1.4 0.5 0.6 2.5 1.0

Pharmaceutical products....................... 30 5.454 154.4 151.8 -1.9 -0.3 -0.1 -0.1 -1.7

Fertilizers (Dec. 2020=100).................... 31 0.270 100.0 100.7 – – – – 0.7

Miscellaneous chemical products............. 38 0.611 104.3 105.0 3.6 1.0 0.7 1.2 0.7

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.876 148.6 151.2 8.2 0.8 1.1 0.9 1.7

Plastics and articles thereof.................... 39 2.514 147.1 148.5 4.4 0.3 0.8 0.6 1.0

Rubber and articles thereof.................... 40 1.362 154.0 158.7 15.8 1.4 2.0 1.4 3.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.550 131.2 131.3 0.4 0.0 0.0 0.1 0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.164 210.2 253.0 75.0 2.4 -14.1 4.3 20.4

Wood and articles of wood; wood charcoal

(Dec. 2019=100).............................. 44 1.140 146.3 176.7 77.2 2.4 -14.4 4.4 20.8

Woodpulp, recovered paper, and paper

products......................................... X 0.975 111.6 111.6 -1.4 -0.7 1.0 -0.2 0.0

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.653 103.9 104.1 -3.5 -0.7 0.5 0.1 0.2

Textile and textile articles....................... XI 4.904 114.4 114.4 0.3 0.1 -0.1 0.0 0.0

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 1.984 104.7 105.1 -0.2 0.2 -0.2 -0.1 0.4

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.645 122.2 121.9 0.7 -0.3 0.0 -0.1 -0.2

Made-up or worn textile articles............... 63 0.667 100.2 100.4 0.0 1.0 -0.5 0.0 0.2

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.403 123.4 123.4 -0.7 0.0 -0.9 0.0 0.0

Footwear and parts of such articles........... 64 1.174 121.6 121.6 -0.8 0.2 -1.1 -0.1 0.0

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2020 to

January 2021 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.930 132.1 132.6 0.1 -0.2 0.0 0.5 0.4

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2020=100).................... 68 0.338 100.0 100.2 – – – – 0.2

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.012 226.1 236.4 19.3 -1.7 0.6 1.2 4.6

Base metals and articles of base metals. . .. XV 5.555 180.2 186.2 10.0 0.1 1.9 3.0 3.3

Iron and steel.................................... 72 0.991 212.5 231.5 16.2 2.1 1.2 5.0 8.9

Articles of iron or steel.......................... 73 1.656 148.4 149.9 2.0 0.1 0.4 0.8 1.0

Copper and articles thereof.................... 74 0.493 335.7 345.0 24.4 0.8 4.1 6.2 2.8

Aluminum and articles thereof................. 76 1.036 147.4 152.3 19.9 0.2 5.7 5.4 3.3

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.440 122.5 123.0 0.2 -0.2 0.1 0.0 0.4

Miscellaneous articles of base metal. . . . . . . .. 83 0.534 133.9 135.8 0.9 0.5 0.1 0.1 1.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 30.314 78.9 79.0 0.4 0.0 -0.1 0.0 0.1

Machinery and mechanical appliances;

parts thereof................................... 84 15.628 84.8 84.9 1.2 -0.1 -0.1 -0.1 0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.686 73.4 73.5 -0.3 0.0 0.0 0.1 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.415 114.8 115.1 0.9 0.1 -0.1 0.0 0.3

Motor vehicles and their parts................. 87 13.168 114.1 114.3 1.0 0.0 -0.1 0.1 0.2

Aircraft, spacecraft, and parts thereof (Dec.

2020=100)..................................... 88 1.149 100.0 99.9 – – – – -0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 4.324 102.3 102.7 0.9 0.0 0.0 0.0 0.4

Optical, photographic, measuring and

medical instruments.......................... 90 4.039 98.4 98.7 0.7 0.0 0.0 -0.1 0.3

Miscellaneous manufactured articles......... XX 4.261 110.8 111.1 -0.3 -0.2 -0.2 0.2 0.3

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.623 116.8 117.2 0.2 0.0 -0.1 0.2 0.3

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.364 100.9 100.8 -1.3 -0.6 -0.3 0.1 -0.1

Miscellaneous manufactured articles. . . . . . . .. 96 0.274 126.7 127.6 0.3 -0.1 0.0 0.1 0.7

1 Relative importance figures are based on 2019 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: January 2020 to

January 2021

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Live animals; animal products................. I 1.941 214.9 217.1 -0.4 3.1 2.9 -1.0 1.0

Meat & edible meat offal (Dec. 2006=100)... 02 1.206 169.3 174.4 3.8 1.5 1.4 0.4 3.0

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.300 109.9 111.9 -9.0 3.4 0.8 0.5 1.8

Dairy products, eggs and honey (Dec.

2020=100)..................................... 04 0.362 100.0 94.1 – – – – -5.9

Vegetable products............................... II 4.595 216.5 237.8 16.5 5.5 5.9 -0.2 9.8

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.923 129.3 135.0 -1.6 -0.7 1.6 2.1 4.4

Cereals............................................ 10 1.256 218.3 243.7 21.4 6.2 6.4 1.0 11.6

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.002 240.3 268.9 35.1 3.8 7.6 5.4 11.9

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.004 158.7 162.2 3.4 1.2 0.8 1.2 2.2

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.630 101.2 102.1 1.6 0.4 0.4 0.8 0.9

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.523 108.8 108.9 2.1 0.0 0.0 0.1 0.1

Residues and waste from the food

industries; prepared animal feed............ 23 0.755 244.1 261.5 11.5 5.8 2.3 4.0 7.1

Mineral products.................................. V 10.991 176.3 191.0 -9.3 -2.1 3.5 9.8 8.3

Ores, slag and ash (Dec. 2012=100)......... 26 0.519 106.2 112.8 22.3 -1.4 0.7 5.7 6.2

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.304 166.6 180.9 -10.6 -2.2 3.7 10.3 8.6

Products of the chemical or allied

industries........................................ VI 11.471 141.6 142.1 3.3 0.6 1.1 1.6 0.4

Inorganic chemicals............................. 28 0.675 135.2 136.9 -7.1 -2.6 -0.1 0.4 1.3

Organic chemicals............................... 29 2.800 158.9 163.6 18.0 3.3 6.2 5.4 3.0

Pharmaceutical products....................... 30 3.527 109.5 107.9 -0.2 0.3 -0.9 0.7 -1.5

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.876 128.4 129.9 0.9 0.1 0.1 0.1 1.2

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.454 125.5 125.5 0.1 -0.1 -0.2 0.0 0.0

Miscellaneous chemical products............. 38 1.987 156.3 155.8 -1.5 -0.1 0.2 -0.3 -0.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.168 145.3 147.9 4.7 0.2 1.8 1.8 1.8

Plastics and articles thereof.................... 39 4.319 143.3 146.3 5.8 0.3 2.1 2.1 2.1

Rubber and articles thereof.................... 40 0.849 151.0 151.5 -0.7 0.3 0.1 0.2 0.3

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.578 104.8 110.6 21.9 2.1 1.9 1.9 5.5

Woodpulp, recovered paper, and paper

products......................................... X 1.810 124.5 128.7 9.7 -1.6 0.1 2.3 3.4

Woodpulp and recovered paper (Dec.

2019=100)..................................... 47 0.580 123.3 131.8 37.4 -6.3 0.6 7.9 6.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.952 122.7 125.2 1.0 0.3 -0.2 0.1 2.0

Textile and textile articles....................... XI 1.677 119.7 122.2 0.6 0.3 0.8 0.3 2.1

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.509 118.0 126.8 4.5 1.3 3.2 1.5 7.5

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.792 130.8 132.6 4.8 0.3 0.6 0.8 1.4

Glass and glassware (Dec. 2019=100)....... 70 0.444 99.2 99.1 -0.9 0.0 -0.1 0.0 -0.1

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2020 to

January 2021 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.624 300.3 314.1 18.0 -0.6 0.4 -1.3 4.6

Base metals and articles of base metals. . .. XV 4.667 167.2 184.0 16.8 0.8 1.0 3.0 10.0

Iron and steel (Dec. 2020=100)............... 72 0.927 100.0 134.5 – – – – 34.5

Copper and articles thereof.................... 74 0.579 217.8 228.7 25.7 0.0 4.4 7.8 5.0

Aluminum and articles thereof................. 76 0.821 118.9 128.9 29.8 2.3 2.7 9.6 8.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.986 97.5 97.7 0.1 -0.1 -0.4 -0.1 0.2

Machinery and mechanical appliances;

parts thereof................................... 84 16.615 115.1 115.6 -0.1 -0.2 -0.3 0.0 0.4

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.370 78.6 78.4 0.3 0.0 -0.4 -0.3 -0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 12.736 138.5 139.0 1.0 0.1 0.1 0.3 0.4

Motor vehicles and their parts................. 87 8.251 116.6 117.0 0.3 0.2 0.3 0.1 0.3

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.103 110.3 110.0 -0.5 -0.3 0.1 0.1 -0.3

Miscellaneous manufactured articles......... XX 1.275 113.7 114.5 1.6 0.4 -0.2 0.1 0.7

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.715 133.7 134.9 2.8 0.7 -0.1 -0.1 0.9

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.405 87.2 87.9 0.0 0.3 0.0 0.2 0.8

1 Relative importance figures are based on 2019 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: January 2020 to January 2021

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Industrialized Countries2

.................... 100.000 127.5 130.1 2.8 -0.2 -0.2 1.7 2.0

Nonmanufacturing........................... 7.918 159.8 170.2 -3.5 0.7 3.3 10.5 6.5

Manufacturing................................ 91.368 123.9 125.7 3.1 -0.3 -0.6 0.7 1.5

Canada.......................................... 100.000 138.4 145.4 6.1 -0.1 -0.2 4.1 5.1

Nonmanufacturing........................... 23.145 156.5 166.9 -2.9 0.4 3.5 11.0 6.6

Manufacturing................................ 75.674 136.0 141.7 9.3 -0.4 -1.5 1.4 4.2

European Union............................... 100.000 139.4 139.9 1.7 0.0 -0.3 0.4 0.4

Manufacturing................................ 98.983 135.6 136.0 1.6 0.0 -0.3 0.4 0.3

France (Dec. 2003=100)...................... 100.000 129.4 129.0 0.7 0.0 -0.2 0.2 -0.3

Germany (Dec. 2003=100)................... 100.000 115.0 116.4 2.6 -0.2 0.0 0.5 1.2

United Kingdom (Dec. 2003=100).......... 100.000 123.4 125.5 2.1 0.3 -0.1 1.4 1.7

Latin America3

................................. 100.000 145.4 146.9 1.1 -0.4 -0.1 1.0 1.0

Nonmanufacturing........................... 11.630 220.1 228.5 -12.4 -3.5 -2.6 5.7 3.8

Manufacturing................................ 88.085 121.6 122.4 3.6 0.1 0.3 0.3 0.7

Mexico (Dec. 2003=100)...................... 100.000 127.2 128.2 1.8 -0.2 -0.9 0.2 0.8

Nonmanufacturing (Dec. 2008=100). . . . .. 6.487 113.2 119.7 -10.7 -3.5 -12.1 5.2 5.7

Manufacturing (Dec. 2008=100)........... 93.261 88.9 89.2 2.9 0.0 0.0 -0.1 0.3

Pacific Rim (Dec. 2003=100)4............... 100.000 98.3 98.7 1.1 -0.1 0.1 0.3 0.4

China (Dec. 2003=100)....................... 100.000 98.6 98.9 0.7 -0.1 0.1 0.3 0.3

Japan............................................ 100.000 97.2 97.4 0.5 0.3 0.0 0.2 0.2

Taiwan (Dec. 2018=100)...................... 100.000 98.6 98.8 0.2 0.1 0.5 0.3 0.2

Asian NICs5

..................................... 100.000 86.5 87.3 1.2 -0.1 -0.3 0.7 0.9

ASEAN (Dec. 2003=100)6

.................... 100.000 98.6 99.5 1.9 0.1 0.4 0.4 0.9

Asia Near East (Dec. 2003=100)7

........... 100.000 158.1 164.1 -8.5 0.2 1.2 4.3 3.8

1 Relative importance figures are based on 2019 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: January 2020 to January

2021

[December 2017=100, unless otherwise noted]

Description

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Industrialized Countries2

.................... 100.000 104.5 106.0 2.4 0.2 0.7 0.8 1.4

Nonmanufacturing........................... 10.115 99.4 107.6 1.8 1.8 6.3 3.2 8.2

Manufacturing................................ 88.516 105.1 105.7 2.0 0.0 0.1 0.5 0.6

Canada.......................................... 100.000 105.6 107.8 2.7 0.6 1.2 0.6 2.1

Nonmanufacturing (Dec. 2020=100). . . . .. 8.265 100.0 109.8 – – – – 9.8

Manufacturing (Dec. 2020=100)........... 90.558 100.0 101.3 – – – – 1.3

European Union............................... 100.000 104.7 106.1 1.0 -0.4 0.0 1.6 1.3

Nonmanufacturing........................... 10.923 91.5 100.0 0.2 0.1 4.6 8.3 9.3

Manufacturing................................ 87.675 105.9 106.1 0.5 -0.6 -0.3 1.0 0.2

Germany........................................ 100.000 107.9 109.1 3.5 -0.4 -0.3 0.7 1.1

Latin America3

................................. 100.000 98.7 102.7 1.1 0.6 0.8 2.0 4.1

Nonmanufacturing........................... 8.942 117.0 130.4 23.4 3.5 10.3 2.5 11.5

Manufacturing................................ 90.667 97.3 100.5 -0.8 0.4 0.0 2.0 3.3

Mexico........................................... 100.000 99.3 102.5 1.5 0.8 1.1 1.0 3.2

Nonmanufacturing........................... 7.894 115.7 124.9 27.3 0.7 20.8 -0.3 8.0

Manufacturing................................ 91.683 98.2 101.0 -0.1 0.9 -0.1 1.1 2.9

Pacific Rim4.................................... 100.000 101.2 103.3 3.7 0.5 1.1 1.3 2.1

Nonmanufacturing........................... 15.062 92.9 103.0 6.2 1.7 3.4 5.2 10.9

Manufacturing................................ 82.455 102.4 102.7 2.1 0.3 0.7 0.3 0.3

China............................................ 100.000 101.0 100.9 3.9 0.7 1.8 1.9 -0.1

Nonmanufacturing........................... 13.211 91.5 102.6 8.1 1.8 4.8 9.2 12.1

Manufacturing................................ 84.872 104.1 101.9 2.4 1.1 1.5 0.6 -2.1

Japan............................................ 100.000 102.1 104.3 3.8 0.8 0.6 1.4 2.2

Nonmanufacturing........................... 19.383 95.8 104.9 6.9 2.5 5.4 6.7 9.5

Manufacturing................................ 78.600 102.2 102.5 2.1 0.3 -0.3 -0.2 0.3

1 Relative importance figures are based on 2019 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: January 2020 to January 20211

[December 2017=100, unless otherwise noted]

Description

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Industrialized Countries2

............................ 100.3 99.7 -0.4 0.5 0.8 -0.9 -0.6

Canada.................................................. 100.3 97.4 -3.2 0.7 1.4 -3.3 -2.9

European Union...................................... 101.1 102.1 -0.7 -0.4 0.3 1.1 1.0

Germany................................................ 108.0 107.9 0.8 -0.2 -0.3 0.1 -0.1

Latin America3

........................................ 101.1 104.1 0.0 1.1 0.9 0.9 3.0

Mexico.................................................. 100.7 103.1 -0.4 1.0 2.0 0.9 2.4

Pacific Rim4............................................ 101.3 103.0 2.6 0.6 1.0 1.0 1.7

China.................................................... 102.5 102.1 3.1 0.8 1.7 1.6 -0.4

Japan.................................................... 100.3 102.3 3.3 0.5 0.5 1.2 2.0

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: January

2020 to January 2021

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20201

Index Percent change

Dec.

2020

Jan.

2021

Annual Monthly

Jan.

2020 to

Jan.

2021

Sep.

2020 to

Oct.

2020

Oct.

2020 to

Nov.

2020

Nov.

2020 to

Dec.

2020

Dec.

2020 to

Jan.

2021

Air Freight

Import Air Freight.................................... 100.000 320.2 301.6 69.3 4.1 9.8 6.2 -5.8

Europe (Dec. 2003=100).......................... 23.275 242.1 248.0 72.1 10.9 0.5 0.5 2.4

Asia.................................................. 69.670 342.4 310.9 85.8 1.8 15.7 9.3 -9.2

Export Air Freight................................... 100.000 165.8 168.2 -0.1 -6.7 3.4 4.3 1.4

Europe (Dec. 2006=100).......................... 32.062 147.6 140.9 -10.3 -11.6 6.1 5.5 -4.5

Asia (Dec. 2011=100).............................. 41.400 119.7 119.9 1.3 -4.3 0.4 5.1 0.2

Inbound Air Freight................................. 100.000 243.1 239.7 45.9 3.0 6.3 6.3 -1.4

Europe (Dec. 2003=100).......................... 22.742 168.9 178.0 34.0 8.3 -0.8 0.0 5.4

Asia.................................................. 68.574 257.7 247.9 63.6 1.3 10.8 9.9 -3.8

Outbound Air Freight............................... 100.000 151.4 151.2 0.9 -4.6 4.9 5.1 -0.1

Europe (Dec. 2003=100).......................... 32.236 167.3 160.7 -1.0 -15.2 8.0 6.5 -3.9

Asia.................................................. 47.541 144.7 144.7 1.2 4.0 3.3 6.3 0.0

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 157.3 148.5 -13.6 3.9 -0.3 3.9 -5.6

Europe............................................... 35.698 137.9 131.9 -36.3 3.6 -3.1 -5.2 -4.4

Asia.................................................. 36.030 200.6 189.8 45.2 3.9 5.4 10.0 -5.4

Latin America/Caribbean.......................... 6.870 120.7 99.7 -33.4 7.8 -0.8 2.5 -17.4

Export Air Passenger Fares....................... 100.000 153.3 170.4 8.0 -4.0 14.5 -9.5 11.2

Europe............................................... 28.286 180.7 187.3 2.2 2.4 13.3 -0.2 3.7

Asia.................................................. 29.593 164.4 202.9 37.3 -21.0 46.5 -24.5 23.4

Latin America/Caribbean.......................... 22.382 140.2 155.6 -12.2 11.2 -6.5 -3.2 11.0

1 Relative importance figures are based on 2019 trade values.

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

Dash = Not available

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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. 

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.