U.S. IMPORT AND EXPORT PRICE INDEXES – JANUARY 2016 

In January, prices for U.S. imports decreased 1.1 percent for the second consecutive month, the U.S. Bureau 

of Labor Statistics reported today. In both months, the declines were primarily driven by lower fuel prices. 

U.S. export prices also fell in January, decreasing 0.8 percent. The decline followed a 1.1-percent drop the 

previous month. 

Chart 1. One-month percent change in the Import Price Index: January 2015 – January 2016 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: January 2015 – January 2016

 Percent change

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Transmission of material in this release is embargoed until 

8:30 a.m. (EST) Friday, February 12, 2016 

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

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

USDL-16-0273
2

All Imports: The price index for overall imports fell 1.1 percent in January, the largest monthly decrease 

for the index since a 1.8-percent drop in August 2015. Both fuel and nonfuel prices continued to trend 

down. Import prices fell 6.2 percent over the past year. Despite declining in January, the 12-month drop in 

import prices was the smallest over-the-year decrease since the index fell 5.6 percent between December 

2013 and December 2014. 

Fuel Imports: Import fuel prices declined 12.4 percent in January, the largest 1-month drop since a 12.7-

percent decline in August 2015. Import fuel prices have not risen on a monthly basis since a 1.5-percent 

advance in June 2015. The January drop was led by a 13.4-percent decline in petroleum prices, although 

natural gas prices also fell, decreasing 3.2 percent. The price index for import fuel declined 34.5 percent for 

the year ended in January, while over the same period petroleum prices fell 35.3 percent and natural gas 

prices decreased 40.1 percent. 

All Imports Excluding Fuel: In January, prices for nonfuel imports declined 0.2 percent after declining 0.3 

percent in each of the past 6 months. Lower prices for nonfuel industrial supplies and materials as well as 

capital goods drove the January drop in nonfuel import prices. In contrast, the price indexes for foods, feeds, 

and beverages; automotive vehicles; and consumer goods all rose in January. Nonfuel import prices 

decreased 2.9 percent over the past 12 months with each of the major import categories factoring into the 

decline. 

 

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

 
3

Chart 3. One-month percent change in the Export Price Index: January 2015 – January 2016 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: January 2015 – January 2016 

 Percent change

All Exports: Prices for U.S. exports fell 0.8 percent in January and have not recorded a monthly advance 

since the index rose 0.5 percent in May 2015. In January, declining prices for both agricultural exports and 

nonagricultural exports contributed to the overall drop. The price index for overall exports fell 5.7 percent 

for the year ended in January. 

Agricultural Exports: Agricultural export prices decreased 1.1 percent in January, after declining 1.0 

percent in December and 0.9 percent in November. Lower nut prices, which fell 7.8 percent in January, 

were the largest contributor to the decline for all 3 months. In January, falling prices for soybeans, meat, 

corn, and wheat also factored into the decrease. Prices for agricultural exports fell 12.7 percent from January 

2015 to January 2016. 

All Exports Excluding Agriculture: The price index for nonagricultural exports declined 0.8 percent in 

January, after a 1.1-percent decrease in December. The January drop was driven by lower nonagricultural 

industrial supplies and materials prices, although lower consumer goods prices and capital goods prices also 

contributed to the overall drop in nonagricultural export prices. In contrast, automotive vehicle prices 

advanced in January. Nonagricultural export prices declined 5.0 percent for the January 2015-16 period, 

following a 4.9-percent decrease over the previous 12-month period. 

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4

 SELECTED JANUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Import prices from China edged down 0.1 percent in January, following 

0.2-percent decreases in each of the previous 2 months. Prices for imports from China have not increased on 

a monthly basis since ticking up 0.1 percent in December 2014. The price index for imports from Japan also 

fell 0.1 percent in January. Import prices from Japan have not recorded a monthly advance since the index 

rose 0.2 percent in March 2014. Prices for imports from Canada declined 2.8 percent in January, led by 

lower fuel prices. Falling fuel prices in January also impacted the price index for imports from the European 

Union and from Mexico, which declined 0.3 percent and 0.2 percent, respectively. 

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

fell 1.5 percent in January, after decreasing 1.1 percent the previous month. The January decline was led by 

a 2.2-percent drop in chemical prices and a 1.9-percent decrease in metal prices. 

 

Finished Goods: The major import finished goods categories were mixed in January. Capital goods prices 

declined 0.2 percent and last recorded a monthly advance when the index increased 0.1 percent in June 

2014. In contrast, prices for automotive vehicles rose 0.2 percent, and consumer goods prices ticked up 0.1 

percent. 

 

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages advanced 0.6 percent in January, the 

largest monthly rise for the index since a 0.7-percent increase in December 2014. The January advance was 

driven by a 10.9-percent increase in vegetable prices. 

Transportation Services: Import air passenger fares declined 1.0 percent in January, following a 0.6-

percent drop the previous month. In January, lower Asian and Latin American/Caribbean fares helped to 

offset an 11.0-percent increase in European fares. Overall import air passenger fares fell 4.3 percent over the 

past 12 months. The price index for import air freight declined 4.6 percent in January, the largest monthly 

drop for the index since a 4.9-percent decrease in December 2008. Import air freight prices fell 7.5 percent 

for the year ended in January. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 

prices declined 2.1 percent in January, after a 3.1-percent drop in December. Both decreases were led by 

falling fuel prices. 

 

Finished Goods: The price indexes for consumer goods and capital goods each fell in January while prices 

for automotive vehicles ticked up 0.1 percent. Consumer goods prices declined 0.4 percent for the second 

consecutive month. Prices for export capital goods edged down 0.1 percent in January and 0.7 percent over 

the past year, the largest 12-month decrease since the index fell 0.7 percent in January 2004. Those were the 

largest over-the-year declines since capital goods prices decreased 1.0 percent in November 2003. 

Transportation Services: Export air passenger fares increased 6.2 percent in January, the largest monthly 

advance since the index rose 8.3 percent in December 2014. In January, a 9.0-percent increase in Asian 

fares was the largest contributor to the advance. Despite the January rise, export air passenger fares fell 9.7 

percent over the past year. The price index for export air freight rose 1.7 percent in January and declined 2.5 

percent over the past 12 months. 

 

Import and Export Price Index data for February 2016 are scheduled for release on Friday, March 11, 2016 at 

8:30 a.m. (EST). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2015 to

January 2016

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

All commodities................................... 100.000 119.5 118.2 -6.2 -0.3 -0.6 -1.1 -1.1

All imports excluding food and fuels (Dec.

2010=100)........................................ 86.312 98.3 98.1 -2.9 -0.3 -0.2 -0.3 -0.2

All imports excluding petroleum.............. 93.077 110.9 110.7 -3.1 -0.4 -0.2 -0.4 -0.2

All imports excluding fuels (Dec.

2001=100)........................................ 92.447 115.0 114.8 -2.9 -0.3 -0.3 -0.3 -0.2

Foods, feeds, & beverages................... 0 6.135 172.1 173.1 -3.3 -1.0 -0.2 -0.3 0.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.777 189.7 190.3 -3.7 -1.5 0.0 -0.5 0.3

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.358 132.4 134.3 -2.0 0.4 -0.7 0.5 1.4

Industrial supplies & materials.............. 1 20.957 149.2 141.2 -20.9 -0.7 -2.1 -4.2 -5.4

Industrial supplies & materials excluding

petroleum.................................... 14.034 138.9 136.9 -12.0 -0.9 -0.8 -1.3 -1.4

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.404 157.8 155.5 -10.9 -0.8 -0.7 -1.1 -1.5

Industrial supplies & materials, durable. . .. 7.955 143.5 141.8 -12.8 -0.5 -1.0 -1.7 -1.2

Industrial supplies & materials nondurable

excluding petroleum....................... 5.450 132.9 130.5 -11.0 -1.5 -0.4 -0.8 -1.8

Fuels & lubricants............................. 10 7.555 137.4 120.4 -34.5 -0.4 -4.1 -8.7 -12.4

Petroleum & petroleum products......... 100 6.925 146.5 126.8 -35.3 -0.2 -4.2 -9.2 -13.4

Crude........................................ 10000 4.810 142.6 125.9 -35.5 1.6 -6.3 -10.6 -11.7

Fuels, n.e.s.-coals & gas.................. 101 0.455 89.4 85.4 -33.3 -2.6 -3.3 -5.3 -4.5

Gas-natural.................................. 10110 0.353 71.6 69.3 -40.1 -3.6 -4.7 -7.5 -3.2

Paper & paper base stocks.................. 11 0.588 108.4 107.6 -4.0 -0.6 0.2 -0.9 -0.7

Materials associated with nondurable

supplies & materials....................... 12 4.929 153.4 150.3 -8.7 -1.5 -0.2 -0.3 -2.0

Selected building materials.................. 13 1.285 134.1 133.9 -4.9 -0.2 1.3 -0.4 -0.1

Unfinished metals related to durable

goods........................................ 14 3.165 177.4 174.1 -22.5 -0.6 -2.6 -3.4 -1.9

Finished metals related to durable

goods........................................ 15 1.706 145.5 144.7 -7.0 -0.7 -0.7 -1.0 -0.5

Nonmetals related to durable goods. . . . . .. 16 1.731 108.3 106.9 -4.3 -0.1 -0.3 -0.4 -1.3

Capital goods................................... 2 29.004 89.8 89.6 -2.4 -0.2 -0.2 -0.2 -0.2

Electric generating equipment............... 20 3.511 116.6 116.8 -2.4 -0.5 -0.2 -0.3 0.2

Nonelectrical machinery...................... 21 22.755 82.3 82.1 -2.6 -0.2 -0.2 -0.2 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.738 137.0 137.3 0.3 0.0 0.1 0.0 0.2

Automotive vehicles, parts & engines..... 3 16.266 110.4 110.6 -1.1 -0.3 -0.1 -0.2 0.2

Consumer goods, excluding

automotives.................................. 4 27.638 107.1 107.2 -0.3 0.0 0.0 -0.1 0.1

Nondurables, manufactured................. 40 13.106 119.0 119.5 0.6 0.0 -0.1 -0.1 0.4

Durables, manufactured...................... 41 13.008 94.9 94.9 -1.2 0.0 -0.1 -0.4 0.0

Nonmanufactured consumer goods. . . . . . .. 42 1.525 120.3 119.8 0.6 1.3 0.3 1.5 -0.4

1 Relative importance figures are based on 2014 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 2015 to

January 2016

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

All commodities................................... 100.000 119.8 118.9 -5.7 -0.2 -0.7 -1.1 -0.8

Agricultural commodities....................... 9.108 175.6 173.7 -12.7 0.1 -0.9 -1.0 -1.1

All exports excluding food and fuels (Dec.

2010=100)........................................ 85.008 98.2 98.1 -3.1 -0.3 -0.4 -0.5 -0.1

Nonagricultural commodities.................. 90.893 115.6 114.7 -5.0 -0.3 -0.7 -1.1 -0.8

Foods, feeds, & beverages................... 0 8.524 177.2 174.4 -13.0 0.5 -0.8 -1.1 -1.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 7.854 177.4 174.5 -13.5 0.4 -0.9 -1.2 -1.6

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.670 182.0 180.2 -7.4 2.3 -0.1 0.2 -1.0

Industrial supplies & materials.............. 1 28.358 137.5 134.8 -12.8 -0.8 -2.0 -2.9 -2.0

Industrial supplies & materials, durable. . .. 10.319 147.7 147.7 -10.2 -0.1 -1.4 -1.8 0.0

Industrial supplies & materials,

nondurable.................................. 18.038 132.8 128.8 -14.2 -1.3 -2.3 -3.6 -3.0

Agricultural industrial supplies &

materials..................................... 10 1.254 169.9 173.9 -7.5 -1.7 -1.5 0.4 2.4

Nonagricultural industrial supplies &

materials...................................... 27.104 136.4 133.5 -13.0 -0.8 -2.0 -3.1 -2.1

Fuels & lubricants............................. 11 6.469 136.8 125.8 -26.3 -1.3 -3.6 -9.0 -8.0

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.601 147.0 146.5 -8.6 -0.7 -1.6 -1.3 -0.3

Selected building materials.................. 13 1.034 114.6 115.0 -5.2 0.3 0.5 0.7 0.3

Capital goods................................... 2 39.194 106.9 106.8 -0.7 -0.2 -0.1 -0.2 -0.1

Electrical generating equipment............. 20 3.996 112.4 112.3 -2.3 -0.3 -0.1 -0.4 -0.1

Nonelectrical machinery...................... 21 26.551 94.5 94.2 -1.5 -0.2 0.0 -0.2 -0.3

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 8.648 161.9 162.2 1.9 -0.1 -0.1 -0.1 0.2

Automotive vehicles, parts & engines..... 3 10.827 113.5 113.6 -0.4 -0.1 -0.1 -0.1 0.1

Consumer goods, excluding

automotives.................................. 4 13.098 111.5 111.0 -2.2 -0.1 0.0 -0.4 -0.4

Nondurables, manufactured................. 40 5.943 107.2 106.7 -3.3 0.0 0.0 -0.5 -0.5

Durables, manufactured...................... 41 5.507 109.4 108.8 -1.7 -0.2 0.0 -0.5 -0.5

1 Relative importance figures are based on 2014 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 categories of goods: January 2015 to

January 2016

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Nonmanufactured articles...................... 7.523 77.1 71.2 -27.7 0.6 -4.4 -7.1 -7.7

Agriculture, forestry, fishing and

hunting........................................ 11 2.062 176.9 179.0 0.7 -1.9 0.9 1.5 1.2

Crop production............................... 111 1.684 191.7 194.3 4.2 -0.6 0.6 2.8 1.4

Animal production (Dec. 2014=100)........ 112 0.200 76.2 79.1 -18.9 -11.4 4.6 -6.3 3.8

Mining............................................ 21 5.461 64.7 57.7 -35.2 1.5 -6.0 -9.9 -10.8

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.245 96.6 92.4 -20.2 -0.2 -0.3 -0.2 -4.3

Manufactured articles............................ 92.200 108.9 108.3 -4.0 -0.5 -0.2 -0.5 -0.6

Manufactured goods, part 1................. 31 12.200 122.7 122.5 -2.5 -0.4 -0.2 -0.4 -0.2

Food manufacturing.......................... 311 3.392 147.0 146.6 -7.3 -1.1 -0.5 -1.1 -0.3

Beverage and tobacco product

manufacturing............................... 312 1.099 117.9 118.0 0.3 0.0 -0.2 -0.2 0.1

Textile mills (Dec. 2011=100)............... 313 0.413 99.5 99.6 -3.0 -0.2 -0.5 -0.2 0.1

Textile product mills.......................... 314 0.920 110.8 110.1 -3.1 -0.4 -0.4 -0.1 -0.6

Apparel manufacturing....................... 315 4.418 111.4 111.5 -0.4 -0.1 -0.1 -0.1 0.1

Leather and allied product

manufacturing............................... 316 1.959 124.4 124.0 -0.1 -0.1 0.0 -0.1 -0.3

Manufactured goods, part 2................. 32 16.993 116.1 112.9 -8.3 -1.3 0.3 -0.9 -2.8

Wood product manufacturing................ 321 0.764 110.7 110.8 -7.8 -0.5 1.8 -0.6 0.1

Paper manufacturing......................... 322 1.090 105.8 105.3 -5.0 -0.5 0.0 -0.8 -0.5

Petroleum and coal products

manufacturing............................... 324 1.997 74.3 60.6 -35.5 -5.4 1.5 -5.8 -18.4

Chemical manufacturing..................... 325 9.575 131.2 130.7 -3.4 -0.8 0.0 -0.2 -0.4

Plastics and rubber products

manufacturing............................... 326 2.318 118.4 116.3 -4.0 -0.1 -0.1 -0.2 -1.8

Nonmetallic mineral product

manufacturing............................... 327 1.048 130.2 129.7 -0.2 0.0 0.1 -0.1 -0.4

Manufactured goods, part 3................. 33 63.007 103.5 103.3 -3.1 -0.2 -0.3 -0.4 -0.2

Primary metal manufacturing................ 331 3.938 120.4 117.9 -21.2 -0.5 -2.4 -3.4 -2.1

Fabricated metal product manufacturing... 332 3.180 123.9 123.6 -2.8 -0.7 -0.4 -0.3 -0.2

Machinery manufacturing.................... 333 7.862 117.7 117.3 -2.2 -0.2 -0.2 -0.4 -0.3

Computer and electronic product

manufacturing............................... 334 18.393 77.3 77.1 -2.2 -0.1 -0.1 -0.1 -0.3

Electrical equipment, appliance, and

component manufacturing................. 335 4.942 116.1 116.5 -1.9 -0.2 -0.2 -0.5 0.3

Transportation equipment manufacturing... 336 17.468 109.6 109.9 -0.7 -0.3 0.0 -0.2 0.3

Furniture and related product

manufacturing............................... 337 1.680 115.0 115.3 -0.8 -0.2 0.1 -0.4 0.3

Miscellaneous manufacturing............... 339 5.545 118.9 119.0 -1.7 -0.1 0.0 -0.2 0.1

1 Relative importance figures are based on 2014 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 categories of goods: January 2015 to

January 2016

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Nonmanufactured articles...................... 6.842 119.9 121.6 -13.8 -1.3 -3.4 -0.4 1.4

Agriculture, forestry, fishing and

hunting........................................ 11 4.677 154.2 153.0 -11.1 1.6 -1.6 -1.1 -0.8

Crop production............................... 111 4.402 159.8 158.4 -11.3 1.7 -1.6 -1.2 -0.9

Mining............................................ 21 2.165 61.3 65.2 -18.8 -7.0 -7.0 0.8 6.4

Mining (except oil and gas).................. 212 1.128 77.1 77.8 -16.3 -2.4 -1.5 -2.0 0.9

Manufactured articles............................ 91.964 110.8 109.9 -4.7 -0.4 -0.5 -1.0 -0.8

Manufactured goods, part 1................. 31 6.744 133.6 132.2 -11.3 -1.1 -0.5 -0.5 -1.0

Food manufacturing.......................... 311 4.508 149.5 147.8 -13.7 -1.2 -0.6 -0.7 -1.1

Beverage and tobacco product

manufacturing............................... 312 0.619 107.3 104.9 -8.9 -2.0 -0.2 0.8 -2.2

Manufactured goods, part 2................. 32 23.117 104.7 102.2 -10.3 -0.6 -1.3 -2.8 -2.4

Paper manufacturing......................... 322 1.762 122.2 121.8 -2.2 -0.2 -0.9 -0.3 -0.3

Printing and related support activities

(Dec. 2015=100)........................... 323 0.270 100.0 100.0 – – – – 0.0

Petroleum and coal products

manufacturing............................... 324 4.092 77.5 69.1 -29.8 -1.1 -3.3 -11.8 -10.8

Chemical manufacturing..................... 325 13.157 115.0 114.3 -6.5 -0.8 -1.1 -0.9 -0.6

Plastics and rubber products

manufacturing............................... 326 2.427 116.5 116.8 -2.1 -0.3 0.0 -0.2 0.3

Nonmetallic mineral product

manufacturing............................... 327 0.872 112.7 111.9 -0.4 0.2 0.1 0.1 -0.7

Manufactured goods, part 3................. 33 62.103 111.0 110.8 -1.6 -0.1 -0.3 -0.4 -0.2

Primary metal manufacturing................ 331 4.060 127.3 126.5 -11.4 0.2 -2.0 -3.0 -0.6

Fabricated metal product manufacturing... 332 3.307 129.8 130.2 0.7 -0.2 0.2 -0.1 0.3

Machinery manufacturing.................... 333 11.606 125.1 125.1 0.2 -0.1 0.0 -0.2 0.0

Computer and electronic product

manufacturing............................... 334 14.736 84.7 84.3 -3.0 -0.2 -0.2 -0.4 -0.5

Electrical equipment, appliance, and

component manufacturing................. 335 3.862 112.4 112.1 -2.3 0.0 -0.4 -0.5 -0.3

Transportation equipment manufacturing... 336 18.394 121.7 121.7 0.7 0.0 -0.1 0.0 0.0

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.393 110.2 110.5 0.2 0.1 0.0 0.1 0.3

Miscellaneous manufacturing............... 339 5.745 122.1 122.0 -1.2 -0.3 0.1 -0.2 -0.1

1 Relative importance figures are based on 2014 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 2015 to

January 2016

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Live animals; animal products................. I 1.398 177.5 180.0 -7.8 -2.9 0.6 -1.5 1.4

Meat and edible meat offal..................... 02 0.363 220.7 214.3 -14.0 -6.5 1.8 -2.6 -2.9

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.724 129.6 133.6 -1.6 0.9 -1.3 0.9 3.1

Vegetable products............................... II 2.126 209.0 211.7 5.3 -0.4 0.1 3.1 1.3

Edible vegetables, roots, and tubers.......... 07 0.578 520.0 589.0 52.9 -5.9 0.0 4.3 13.3

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.599 97.6 93.2 -8.0 3.4 0.3 2.7 -4.5

Coffee, tea, mate and spices.................. 09 0.369 231.2 225.1 -15.0 -0.7 -0.9 2.0 -2.6

Oilseeds & misc grains, seeds, plants, straw

& fodder (Dec. 2015=100)................... 12 0.164 100.0 101.9 – – – – 1.9

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.257 97.1 97.8 -11.5 0.1 -0.4 -5.3 0.7

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.779 159.0 158.1 -2.5 -0.4 0.0 -0.4 -0.6

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.190 84.9 84.7 -7.4 -0.5 0.1 -0.6 -0.2

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.251 115.6 108.6 -3.3 -1.7 1.7 -0.3 -6.1

Preparations of cereals, flour, starch or milk;

bakers’ wares (Dec. 2007=100)............. 19 0.287 132.0 132.0 -1.1 0.0 -0.1 -0.1 0.0

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.324 154.1 153.4 -7.4 -0.3 1.1 -0.1 -0.5

Beverages, spirits, and vinegar................ 22 1.038 128.0 128.0 0.1 0.0 -0.2 0.0 0.0

Mineral products.................................. V 7.629 137.8 120.3 -34.9 -0.5 -4.2 -8.7 -12.7

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 7.361 134.7 117.2 -35.5 -0.5 -4.3 -9.0 -13.0

Products of the chemical or allied

industries........................................ VI 8.950 146.9 146.9 -1.5 -0.4 0.1 0.0 0.0

Inorganic chemicals............................. 28 0.602 277.9 268.9 -15.7 -1.4 -1.3 -2.1 -3.2

Organic chemicals............................... 29 2.415 121.2 120.6 -3.1 -0.6 -0.1 0.1 -0.5

Pharmaceutical products....................... 30 3.779 138.1 140.2 3.3 0.2 0.0 0.0 1.5

Fertilizers (Dec. 2009=100).................... 31 0.344 92.4 83.0 -27.9 -8.9 0.0 0.9 -10.2

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.190 97.8 96.7 -7.4 -1.5 0.0 -0.2 -1.1

Miscellaneous chemical products............. 38 0.654 98.7 100.6 10.9 3.3 3.3 2.5 1.9

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.560 137.7 135.6 -6.4 -0.6 -0.3 -0.4 -1.5

Plastics and articles thereof.................... 39 2.293 141.9 139.1 -6.8 -0.3 -0.2 -0.2 -2.0

Rubber and articles thereof.................... 40 1.267 132.0 130.7 -5.8 -1.2 -0.3 -0.8 -1.0

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.732 127.0 126.6 -1.2 -0.2 -0.1 0.0 -0.3

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.692 130.0 129.9 -0.5 -0.2 -0.1 0.0 -0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.801 135.3 135.3 -7.1 -0.4 1.8 -0.4 0.0

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.775 92.8 92.8 -7.4 -0.4 1.9 -0.4 0.0

Woodpulp, recovered paper, and paper

products......................................... X 1.170 110.4 109.8 -2.9 -0.3 0.0 -0.5 -0.5

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.791 104.8 103.9 -3.0 0.1 -0.3 -0.1 -0.9

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2015 to

January 2016 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Printed matter (Dec. 2015=100)............... 49 0.212 100.0 100.0 – – – – 0.0

Textile and textile articles....................... XI 5.562 113.7 113.6 -1.0 -0.1 -0.1 -0.2 -0.1

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.303 104.0 103.9 0.0 0.0 0.0 0.0 -0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.916 119.4 119.6 -0.6 0.0 -0.1 -0.2 0.2

Made-up or worn textile articles............... 63 0.652 104.8 104.1 -3.1 -0.6 -0.4 -0.2 -0.7

Headgear, umbrellas, artifical flowers, etc... XII 1.555 123.4 123.2 0.5 0.0 0.0 -0.2 -0.2

Footwear and parts of such articles........... 64 1.351 122.6 122.3 0.2 0.0 -0.1 -0.1 -0.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.972 131.6 131.1 -0.8 0.1 0.1 -0.4 -0.4

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.337 100.0 99.1 – – – – -0.9

Ceramic products................................ 69 0.286 138.1 138.3 -0.3 -0.1 -0.1 0.1 0.1

Glass and glassware............................ 70 0.348 128.9 128.5 -0.2 0.1 0.0 -0.8 -0.3

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.904 159.5 160.4 -7.6 0.8 -0.9 -2.6 0.6

Base metals and articles of base metals. . .. XV 5.468 154.7 152.0 -14.4 -1.2 -1.4 -1.2 -1.7

Iron and steel.................................... 72 1.249 157.5 150.5 -29.1 -3.6 -4.0 -1.7 -4.4

Articles of iron or steel.......................... 73 1.782 142.0 140.3 -8.0 -1.0 -0.8 -0.9 -1.2

Copper and articles thereof.................... 74 0.381 253.7 248.3 -17.3 1.5 -0.9 -1.5 -2.1

Aluminum and articles thereof................. 76 0.734 121.4 120.6 -12.7 -0.9 -1.5 -0.7 -0.7

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.462 125.9 126.4 -1.9 -0.4 -0.7 -0.2 0.4

Miscellaneous articles of base metal. . . . . . . .. 83 0.536 137.6 137.3 -0.4 -0.2 0.4 -0.2 -0.2

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 31.227 81.6 81.6 -2.0 -0.2 -0.1 -0.4 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 15.854 86.6 86.6 -2.3 -0.3 -0.1 -0.5 0.0

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 15.373 76.8 76.8 -1.9 -0.1 -0.1 -0.3 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.534 114.1 114.3 -0.5 -0.2 -0.1 -0.2 0.2

Motor vehicles and their parts................. 87 13.019 112.7 112.8 -0.6 -0.2 -0.1 -0.2 0.1

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.443 119.8 120.3 0.1 0.0 0.0 0.1 0.4

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 4.045 102.9 102.4 -1.6 -0.2 0.0 -0.2 -0.5

Optical, photographic, measuring and

medical instruments.......................... 90 3.714 99.8 99.3 -1.6 -0.1 0.0 -0.2 -0.5

Clocks and watches and parts thereof. . . . . .. 91 0.266 140.0 139.9 -1.7 -0.6 0.3 -0.7 -0.1

Miscellaneous manufactured articles......... XX 4.244 112.1 112.2 -1.5 -0.1 -0.1 -0.2 0.1

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.595 116.6 116.8 -1.7 -0.1 -0.1 -0.3 0.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.369 103.8 103.7 -1.2 -0.2 -0.1 0.0 -0.1

Miscellaneous manufactured articles. . . . . . . .. 96 0.280 134.0 135.8 0.1 -0.1 0.0 0.0 1.3

1 Relative importance figures are based on 2014 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 2015 to

January 2016

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Live animals; animal products................. I 1.700 181.7 178.5 -19.2 -1.9 0.1 -1.4 -1.8

Meat & edible meat offal (Dec. 2006=100)... 02 0.975 139.0 135.4 -23.8 -2.9 -0.4 -1.4 -2.6

Vegetable products............................... II 4.393 196.4 194.0 -13.0 2.0 -0.8 -1.8 -1.2

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.026 170.1 170.4 -7.6 2.3 0.3 -2.9 0.2

Cereals............................................ 10 1.307 185.4 178.9 -18.6 7.9 -1.3 -4.1 -3.5

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.529 188.8 185.8 -17.4 0.1 -2.9 0.4 -1.6

Prepared foodstuffs, beverages,and

tobacco........................................... IV 2.977 148.3 146.6 -9.3 -0.9 -0.4 -0.5 -1.1

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.404 119.6 120.3 1.5 0.3 0.2 0.7 0.6

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.557 106.1 104.5 -5.2 0.0 -0.7 -1.3 -1.5

Residues and waste from the food

industries; prepared animal feed............ 23 0.698 198.9 194.2 -19.4 -3.6 -1.3 -0.7 -2.4

Mineral products.................................. V 6.329 154.5 145.1 -26.7 -2.3 -4.0 -9.0 -6.1

Ores, slag and ash (Dec. 2012=100)......... 26 0.448 70.2 72.3 -19.5 -3.8 -1.9 -2.6 3.0

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 5.683 147.3 137.0 -27.9 -2.2 -4.2 -9.7 -7.0

Products of the chemical or allied

industries........................................ VI 11.029 138.5 137.5 -5.0 -0.4 -0.5 -0.6 -0.7

Inorganic chemicals............................. 28 0.971 183.8 184.1 3.7 -0.4 -0.1 0.3 0.2

Organic chemicals............................... 29 2.523 135.2 132.1 -11.3 -1.1 -0.9 -0.6 -2.3

Pharmaceutical products....................... 30 2.998 109.2 108.8 -4.1 -0.2 0.2 -1.1 -0.4

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.556 100.0 99.3 – – – – -0.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.844 135.5 134.0 -1.7 -0.1 0.1 0.0 -1.1

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.502 112.3 116.0 -0.9 -0.5 0.3 -0.4 3.3

Miscellaneous chemical products............. 38 1.884 148.4 147.6 -3.0 -0.3 -0.7 -1.1 -0.5

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.135 136.5 136.1 -7.0 -1.3 -1.4 -0.4 -0.3

Plastics and articles thereof.................... 39 4.150 132.1 131.5 -7.2 -1.5 -1.6 -0.4 -0.5

Rubber and articles thereof.................... 40 0.985 155.2 156.0 -6.1 -0.5 -0.6 -0.6 0.5

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.334 120.6 118.6 -21.0 -2.9 -3.4 0.0 -1.7

Raw hides and skins other than furskins

and leather (Dec.2014=100)................. 41 0.181 68.9 66.5 -31.7 -4.8 -5.2 -0.4 -3.5

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.662 96.4 96.7 -3.5 0.6 1.1 0.9 0.3

Woodpulp, recovered paper, and paper

products......................................... X 2.149 121.9 120.9 -3.2 0.0 -0.7 -0.6 -0.8

Woodpulp and recovered paper............... 47 0.607 121.3 119.6 -6.0 -0.3 -2.8 -1.3 -1.4

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.159 121.6 120.6 -2.7 0.0 0.2 -0.8 -0.8

Printed material (Dec. 2014=100)............. 49 0.384 100.4 100.4 0.1 0.6 0.1 1.2 0.0

Textile and textile articles....................... XI 1.737 120.6 120.1 -3.3 -0.7 -0.7 0.4 -0.4

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.392 116.1 114.2 -6.4 -1.3 -1.2 0.0 -1.6

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2015 to

January 2016 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan.

2015 to

Jan.

2016

Sept.

2015 to

Oct.

2015

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.874 122.6 122.9 0.4 0.1 0.2 0.1 0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.294 100.0 100.5 – – – – 0.5

Glass and glassware............................ 70 0.441 99.3 99.4 0.0 0.1 0.1 0.1 0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.174 218.2 219.7 -7.0 0.4 -1.4 -2.5 0.7

Base metals and articles of base metals. . .. XV 4.954 141.8 141.5 -10.3 -0.6 -1.6 -1.3 -0.2

Iron and steel.................................... 72 0.986 137.5 136.6 -23.4 -1.9 -4.1 -2.8 -0.7

Copper and articles thereof.................... 74 0.426 151.1 144.8 -24.9 -0.3 -3.4 -6.3 -4.2

Aluminum and articles thereof................. 76 0.779 103.6 103.4 -14.3 -0.7 -2.7 0.0 -0.2

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.398 100.0 100.2 – – – – 0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.361 148.3 148.2 0.3 0.0 0.0 -0.2 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 30.143 96.2 95.9 -1.6 -0.2 -0.1 -0.2 -0.3

Machinery and mechanical appliances;

parts thereof................................... 84 17.967 112.9 112.4 -1.1 0.0 -0.1 -0.2 -0.4

Electrical machinery and equipment and

parts and accessories thereof............... 85 12.176 78.2 78.0 -2.5 -0.3 -0.1 -0.3 -0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 15.217 130.9 131.0 0.5 -0.1 -0.1 -0.1 0.1

Motor vehicles and their parts................. 87 9.301 114.8 114.8 -0.3 0.0 -0.1 -0.1 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.303 107.1 107.4 -0.1 -0.1 0.1 -0.2 0.3

Miscellaneous manufactured articles......... XX 1.554 111.1 111.1 0.2 0.5 -0.6 0.2 0.0

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.916 124.2 124.4 1.4 0.6 -0.6 0.2 0.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.480 90.1 90.1 0.4 0.3 0.0 0.3 0.0

1 Relative importance figures are based on 2014 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 2015 to January 2016

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan. 2015

to Jan.

2016

Sept. 2015

to Oct.

2015

Oct. 2015

to Nov.

2015

Nov. 2015

to Dec.

2015

Dec. 2015

to Jan.

2016

Industrialized Countries2

.................... 100.000 115.5 114.0 -6.4 0.2 -0.4 -1.0 -1.3

Nonmanufactured articles................... 6.745 107.8 99.2 -27.9 6.3 -3.7 -8.6 -8.0

Manufactured articles........................ 92.887 115.7 114.8 -4.3 -0.3 -0.1 -0.5 -0.8

Other Countries3

.............................. 100.000 117.5 116.4 -6.2 -0.4 -0.7 -1.1 -0.9

Nonmanufactured articles................... 8.019 159.7 148.8 -26.3 -0.7 -5.0 -6.3 -6.8

Manufactured articles........................ 91.755 103.2 102.7 -3.8 -0.4 -0.2 -0.5 -0.5

Canada.......................................... 100.000 114.4 111.2 -12.6 0.4 -0.8 -2.6 -2.8

Nonmanufactured articles................... 19.722 102.4 93.9 -28.4 6.7 -3.8 -9.0 -8.3

Manufactured articles........................ 79.634 121.8 120.1 -7.8 -1.0 0.1 -1.1 -1.4

European Union4

.............................. 100.000 132.1 131.7 -2.4 0.3 -0.4 -0.3 -0.3

Manufactured articles........................ 99.515 128.7 128.3 -2.4 0.3 -0.4 -0.3 -0.3

France (Dec. 2003=100)...................... 100.000 121.1 122.2 -0.7 -0.2 -0.2 -0.2 0.9

Germany (Dec. 2003=100)................... 100.000 116.2 114.8 -2.8 0.1 -0.1 -0.5 -1.2

United Kingdom (Dec. 2003=100).......... 100.000 120.0 120.1 0.1 -0.1 -0.2 -0.7 0.1

Latin America5

................................. 100.000 137.7 136.0 -7.8 -0.7 -1.2 -1.6 -1.2

Nonmanufactured articles................... 15.153 177.9 170.1 -18.9 1.0 -5.3 -6.7 -4.4

Manufactured articles........................ 84.417 119.9 119.1 -5.5 -1.1 -0.3 -0.7 -0.7

Mexico (Dec. 2003=100)...................... 100.000 126.1 125.8 -3.9 -0.5 -0.4 -0.6 -0.2

Nonmanufactured articles (Dec.

2008=100).................................. 7.774 98.3 96.6 -17.4 0.6 -4.9 -5.3 -1.7

Manufactured articles (Dec. 2008=100). .. 91.788 89.4 89.4 -2.5 -0.7 0.1 -0.3 0.0

Pacific Rim (Dec. 2003=100)6

............... 100.000 99.3 99.0 -2.4 -0.2 -0.1 -0.2 -0.3

China (Dec. 2003=100)....................... 100.000 101.9 101.8 -1.6 -0.1 -0.2 -0.2 -0.1

Japan............................................ 100.000 95.1 95.0 -2.4 0.0 0.0 -0.1 -0.1

Asian NICs7..................................... 100.000 85.1 84.7 -3.3 -0.1 -0.6 -0.4 -0.5

ASEAN (Dec. 2003=100)8.................... 100.000 97.8 97.1 -3.3 -0.1 -0.1 -0.3 -0.7

Asia Near East (Dec. 2003=100)9

........... 100.000 137.4 127.6 -28.6 -2.6 -2.7 -4.5 -7.1

1 Relative importance figures are based on 2014 trade values.

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

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

4 European Union countries.

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

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

Countries.

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

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

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

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

Regions are not mutually exclusive.

Dash = Not available

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

2015 to January 2016

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20151

Index Percent change

Dec.

2015

Jan.

2016

Annual Monthly

Jan. 2015

to Jan.

2016

Sept.

2015 to

Oct. 2015

Oct. 2015

to Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan. 2016

Air Freight

Import Air Freight.................................... 100.000 162.0 154.6 -7.5 5.0 0.4 -2.8 -4.6

Europe (Dec. 2003=100).......................... 22.736 140.4 141.0 -12.5 -0.4 -1.2 -3.4 0.4

Asia.................................................. 64.313 148.2 137.3 -6.9 8.0 1.7 -3.1 -7.4

Export Air Freight................................... 100.000 156.5 159.1 -2.5 -0.3 0.4 -0.1 1.7

Europe (Dec. 2006=100).......................... 38.229 149.8 151.7 -1.7 -0.5 0.3 0.3 1.3

Inbound Air Freight................................. 100.000 152.5 148.8 -7.2 2.6 0.3 -1.9 -2.4

Europe (Dec. 2003=100).......................... 27.106 135.0 135.4 -8.4 -0.6 0.0 -2.0 0.3

Asia.................................................. 58.896 138.8 132.8 -8.6 4.6 1.1 -2.2 -4.3

Outbound Air Freight............................... 100.000 144.3 144.0 -4.8 -1.8 -0.7 -0.3 -0.2

Europe (Dec. 2003=100).......................... 34.677 157.8 158.0 -7.4 -0.5 -0.9 0.5 0.1

Asia.................................................. 42.623 134.2 133.1 -6.4 -3.6 -1.4 -1.0 -0.8

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 194.4 192.4 -4.3 5.2 3.7 -0.6 -1.0

Europe............................................... 40.445 205.6 228.3 -3.0 3.8 5.1 -11.6 11.0

Asia.................................................. 25.945 159.9 143.8 -2.5 5.1 -0.7 13.2 -10.1

Latin America/Caribbean.......................... 9.750 170.5 142.5 -13.8 0.1 0.2 14.2 -16.4

Export Air Passenger Fares....................... 100.000 160.9 170.8 -9.7 -1.4 -0.4 4.5 6.2

Europe............................................... 28.964 199.3 197.9 -7.3 -3.4 2.6 -5.9 -0.7

Asia.................................................. 28.149 139.4 152.0 -9.1 0.4 -1.0 5.0 9.0

Latin America/Caribbean.......................... 22.629 162.9 176.7 -10.9 2.4 1.4 5.4 8.5

1 Relative importance figures are based on 2014 trade values.

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

Dash = Not available

14
15 

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 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) include 

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

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

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

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

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

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

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

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

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

Agriculture. 

Services Price Indexes - Starting in September 2008, the import air passenger fares indexes represent 

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

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

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

flyer tickets generally. Starting in January 2008, the export air passenger fares indexes represent changes 

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

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

consolidators. Taxes and fees are included in the import air passenger fares indexes and excluded from 

the export air passenger fares indexes. The air freight indexes are calculated from data collected directly 

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

the movement of freight from airport to airport only, and does not include any ground transportation or 

port service. The air freight indexes are presented using two definitions: balance of payments (which 

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

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

each services industry are available at www.bls.gov/mxp under "MXP Publications."
16 

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

for the import price indexes. Beginning with January 2002, the indexes are defined by locality of origin 

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

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

NAICS 31-33. 

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

may be revised in each of the 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. 

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. Merchandise and services indexes also can be used to study U.S. 

competitiveness and to compute price elasticities, and the merchandise import indexes by country or 

region of origin are useful in terms of trade analysis. 

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.