U.S. IMPORT AND EXPORT PRICE INDEXES – MAY 2017 

U.S. import prices declined 0.3 percent in May, the U.S. Bureau of Labor Statistics reported today, after 

increasing 0.2 percent in April. Lower fuel prices drove the decrease in May and nonfuel prices recorded no 

change. The price index for U.S. exports declined 0.7 percent in May following a 0.2-percent advance in 

April. 

Chart 1. One-month percent change in the Import Price Index: May 2016 – May 2017 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: May 2016 – May 2017 

 Percent change 

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May'16 Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May'17

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-3.7

-2.2

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0.2

1.9

3.8

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May'16 Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May'17

Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Thursday, June 15, 2017 

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

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

USDL-17-0818
2

All Imports: Import prices decreased 0.3 percent in May, the largest monthly drop since the index fell 0.5 

percent in February 2016. The decline was driven by falling fuel prices, unlike last month when higher 

nonfuel prices more than offset decreasing fuel prices. The price index for U.S. imports rose 2.1 percent for 

the 12 months ended in May. The last over-the-year decline in import prices was a 0.2-percent decrease in 

October 2016. 

Fuel Imports: Prices for fuel fell 3.7 percent in May following a 0.3-percent drop in April and a 3.1-percent 

decrease in March. The last time fuel prices fell by more than 3.7 percent was a 6.8-percent decline in 

February 2016. The May decrease was primarily led by a 3.9-percent drop in petroleum prices. Natural gas 

prices also declined, falling 2.9 percent. Despite the recent decreases, import fuel prices increased 16.9 

percent between May 2016 and May 2017. The import price index for petroleum advanced 16.2 percent for 

the year ended in May and natural gas prices rose 44.1 percent. 

All Imports Excluding Fuel: The nonfuel import price index recorded no change in May following a 0.8-

percent advance over the previous 3 months. Lower prices for nonfuel industrial supplies and materials 

offset price increases for foods, feeds, and beverages, and automotive vehicles. Capital goods prices and 

prices for consumer goods recorded no change in May. Nonfuel prices advanced 0.8 percent over the past 

12 months, continuing the trend of over-the-year increases since November when the index fell 0.2 percent. 

Rising prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; and automotive 

vehicles more than offset lower prices for capital goods and consumer goods over the past year. 

 

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

Chart 3. One-month percent change in the Export Price Index: May 2016 – May 2017 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: May 2016 – May 2017 

 Percent change

All Exports: The price index for overall exports fell 0.7 percent in May following increases of 0.2 percent 

in each of the previous 2 months. The May decrease was the first monthly drop since August 2016 when the 

index declined 0.8 percent. Prices for agricultural and nonagricultural exports contributed to the overall drop 

in export prices. The price index for U.S. exports rose 1.4 percent for the year ended in May. 

Agricultural Exports: Prices for agricultural exports declined 1.6 percent in May, the first monthly 

decrease since a 0.2-percent drop in December. In May, decreasing prices for vegetables and fruit more than 

offset rising prices for soybeans, meat, wheat and corn. Prices for vegetable exports fell 24.9 percent in 

May, the largest monthly decline since February 1998 when the index fell 26.1 percent. Despite the May 

decline, agricultural export prices ticked up 0.1 percent over the past 12 months. Higher prices for 

vegetables, meats, and nuts all contributed to the rise in agricultural prices between May 2016 and May 

2017.

All Exports Excluding Agriculture: Nonagricultural export prices decreased 0.6 percent in May, led by 

falling prices for nonagricultural industrial supplies and materials which more than offset higher prices for 

both capital goods and consumer goods. Export prices for automotive vehicles recorded no change in May. 

The price index for nonagricultural exports rose over the past year, increasing 1.5 percent. 

1.1

0.8

0.2

-0.8

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0.2 0.1

0.4

0.2

0.3 0.2 0.2

-0.7

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-1

0

1

2

May'16 Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May'17

-4.5

-3.5

-3.0

-2.4

-1.5 -1.1

-0.2

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2.4

3.2 3.5 3.2

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-5

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May'16 Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May'17
4

SELECTED MAY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Import prices from China and Japan recorded no change in May following 

0.1-percent declines in April and 0.2-percent increases in March. Prices for imports from China declined 1.1 

percent for the year ended in May. In contrast, the price index for imports from Japan increased 1.2 percent 

over the past year. Import prices from Canada decreased 0.6 percent in May, after a 0.1-percent advance in 

April and a 1.1-percent drop in March. Prices for imports from Mexico rose 0.2 percent in May and last 

recorded a monthly decline when the index fell 1.2 percent in January. Prices for imports from the European 

Union recorded no change in May.

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices decreased 0.5 

percent in May, the first monthly decline since the index fell 0.6 percent in October. The drop was driven by 

falling prices for unfinished metals.

 

Finished Goods: Prices for the major finished goods categories were mixed. Automotive vehicles prices 

rose 0.1 percent in May, driven by a 0.3-percent advance in non-engine parts. Both capital goods and 

consumer goods prices recorded no change in May. 

 

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages rose 1.2 percent in May, after a 0.5-

percent increase in April. A 3.1-percent advance in fruit prices, a 2.5-percent rise in meat prices, and a 3.2-

percent increase in vegetables prices all contributed to the monthly advance. 

Transportation Services: Import air passenger fares rose 3.9 percent in May, driven by a 3.7-percent 

advance in European fares and a 6.2-percent increase in Asian fares. Despite the monthly increase, import 

air passenger fares fell 6.9 percent over the past 12 months. Import air freight prices rose 0.7 percent for the 

second consecutive month in May and 9.7 percent over the past year. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: The export price index for nonagricultural industrial 

supplies and materials fell 1.9 percent in May following a 0.4-percent rise in April and a 0.1-percent decline 

in March. Despite the monthly decrease, prices for nonagricultural industrial supplies and materials 

increased 4.7 percent for the year ended in May and have not recorded a 12-month decline since October. 

 

Finished Goods: Export prices for finished goods either increased or recorded no change in May. Export 

capital goods prices ticked up 0.1 percent, driven by a 0.4-percent advance in computers, peripherals, and 

semiconductors prices. The price index for export consumer goods rose 0.1 percent. Prices for automotive 

vehicles recorded no change in May, after a 0.2-percent rise in April. 

Transportation Services: Export air passenger fares increased 3.0 percent in May, after a 5.7-percent drop 

in April and a 3.0-percent advance in March. Asian and European fares contributed to the increase in May, 

rising 10.5 percent and 5.1 percent, respectively. The export air passenger fares index advanced 2.2 percent 

for the year ended in May. Export air freight prices increased 1.3 percent in May and rose 4.2 percent 

between May 2016 and May 2017. 

 

Import and Export Price Index data for June 2017 are scheduled for release on Tuesday, July 18, 2017 at 

8:30 a.m. (EDT). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: May 2016 to May

2017

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

All commodities................................... 100.000 122.8 122.4 2.1 0.3 -0.2 0.2 -0.3

All imports excluding food and fuels (Dec.

2010=100)........................................ 84.722 98.9 98.9 0.6 0.3 0.2 0.2 0.0

All imports excluding petroleum.............. 91.475 111.9 111.9 1.0 0.3 0.1 0.3 0.0

All imports excluding fuels (Dec.

2001=100)........................................ 90.829 115.9 115.9 0.8 0.3 0.2 0.3 0.0

Foods, feeds, & beverages................... 0 6.107 178.3 180.4 4.1 0.7 -0.4 0.5 1.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.762 194.8 197.6 4.8 0.8 -0.4 0.7 1.4

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.345 141.2 141.7 2.0 0.2 -0.4 -0.5 0.4

Industrial supplies & materials.............. 1 22.758 169.9 166.9 9.3 1.0 -0.4 0.4 -1.8

Industrial supplies & materials excluding

petroleum.................................... 14.233 148.4 147.7 5.8 1.0 1.0 0.8 -0.5

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.587 168.2 167.4 4.8 1.4 1.5 0.8 -0.5

Industrial supplies & materials, durable. . .. 8.466 158.7 157.9 6.1 1.9 1.6 1.1 -0.5

Industrial supplies & materials nondurable

excluding petroleum....................... 5.120 135.5 134.8 5.2 -0.4 0.0 0.6 -0.5

Fuels & lubricants............................. 10 9.170 174.2 167.7 16.9 0.3 -3.1 -0.3 -3.7

Petroleum & petroleum products......... 100 8.525 187.8 180.5 16.2 0.8 -2.6 -0.4 -3.9

Crude........................................ 10000 6.015 191.4 183.4 15.0 2.1 -3.3 -0.1 -4.2

Fuels, n.e.s.-coals & gas.................. 101 0.492 103.2 100.9 41.5 -8.1 -10.2 1.9 -2.2

Gas-natural.................................. 10110 0.368 81.8 79.4 44.1 -10.2 -13.6 2.4 -2.9

Paper & paper base stocks.................. 11 0.542 106.7 107.2 0.2 -0.2 0.0 1.5 0.5

Materials associated with nondurable

supplies & materials....................... 12 4.647 154.8 154.1 2.9 0.7 1.5 0.3 -0.5

Selected building materials.................. 13 1.453 145.6 146.7 7.0 1.0 1.2 2.6 0.8

Unfinished metals related to durable

goods........................................ 14 3.540 216.1 213.0 10.8 3.6 2.8 0.8 -1.4

Finished metals related to durable

goods........................................ 15 1.715 148.4 148.4 2.3 0.7 0.5 1.3 0.0

Nonmetals related to durable goods. . . . . .. 16 1.690 109.3 109.0 0.3 0.7 0.6 0.1 -0.3

Capital goods................................... 2 27.418 88.8 88.8 -0.4 0.1 0.1 0.0 0.0

Electric generating equipment............... 20 3.313 116.4 116.4 0.3 0.3 0.2 -0.1 0.0

Nonelectrical machinery...................... 21 21.543 81.3 81.3 -0.5 0.0 0.1 0.2 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.562 134.5 134.6 -2.0 -0.1 -0.1 -1.5 0.1

Automotive vehicles, parts & engines..... 3 16.318 110.6 110.7 0.1 0.0 0.0 0.5 0.1

Consumer goods, excluding

automotives.................................. 4 27.399 106.9 106.9 -0.2 0.2 -0.2 0.0 0.0

Nondurables, manufactured................. 40 13.442 121.4 121.4 1.2 0.2 0.1 -0.1 0.0

Durables, manufactured...................... 41 12.627 93.1 93.1 -1.4 0.0 -0.1 -0.1 0.0

Nonmanufactured consumer goods. . . . . . .. 42 1.330 116.3 116.4 -2.4 2.6 -3.0 1.2 0.1

1 Relative importance figures are based on 2015 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: May 2016 to May

2017

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

All commodities................................... 100.000 122.5 121.7 1.4 0.3 0.2 0.2 -0.7

Agricultural commodities....................... 9.555 180.4 177.6 0.1 1.4 1.1 0.1 -1.6

All exports excluding food and fuels (Dec.

2010=100)........................................ 83.146 98.9 98.7 0.3 0.5 0.3 0.0 -0.2

Nonagricultural commodities.................. 90.445 118.1 117.4 1.5 0.3 0.1 0.3 -0.6

Foods, feeds, & beverages................... 0 8.916 183.1 179.4 -0.1 1.4 1.2 0.6 -2.0

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.279 182.1 178.6 -0.7 1.5 1.0 0.3 -1.9

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.637 205.2 197.6 8.6 -0.2 3.4 3.6 -3.7

Industrial supplies & materials.............. 1 29.820 147.6 144.9 4.8 0.4 -0.1 0.3 -1.8

Industrial supplies & materials, durable. . .. 10.678 159.1 158.4 3.2 1.5 1.3 -0.2 -0.4

Industrial supplies & materials,

nondurable.................................. 19.142 142.3 138.7 5.8 -0.3 -0.7 0.6 -2.5

Agricultural industrial supplies &

materials..................................... 10 1.276 175.5 176.4 5.0 0.9 1.3 -1.2 0.5

Nonagricultural industrial supplies &

materials...................................... 28.544 146.7 143.9 4.7 0.3 -0.1 0.4 -1.9

Fuels & lubricants............................. 11 7.938 166.3 158.0 17.1 -2.2 -2.7 3.2 -5.0

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.573 151.5 150.3 0.9 1.5 0.9 -0.7 -0.8

Selected building materials.................. 13 1.033 120.0 120.3 4.4 0.2 1.8 0.6 0.3

Capital goods................................... 2 38.182 107.6 107.7 0.6 0.2 0.2 0.1 0.1

Electrical generating equipment............. 20 3.957 112.8 112.8 0.4 -0.2 0.6 0.1 0.0

Nonelectrical machinery...................... 21 24.997 93.8 93.8 -0.5 0.1 0.1 0.1 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.227 169.9 170.3 3.8 0.5 0.1 0.2 0.2

Automotive vehicles, parts & engines..... 3 10.327 113.3 113.3 0.2 0.0 0.0 0.2 0.0

Consumer goods, excluding

automotives.................................. 4 12.755 108.3 108.4 -1.9 0.0 0.2 0.4 0.1

Nondurables, manufactured................. 40 6.176 104.2 104.3 -1.7 0.1 0.0 0.8 0.1

Durables, manufactured...................... 41 5.178 106.8 106.9 -1.4 0.0 0.1 0.0 0.1

1 Relative importance figures are based on 2015 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: May 2016 to May 2017

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

Nonmanufacturing................................ 8.656 95.4 93.2 15.3 1.6 -3.7 0.2 -2.3

Agriculture, forestry, fishing and

hunting........................................ 11 2.026 181.8 186.3 11.6 2.4 -2.7 1.2 2.5

Crop production............................... 111 1.615 193.8 199.0 12.1 2.2 -2.9 2.1 2.7

Animal production (Dec. 2014=100)........ 112 0.204 78.5 81.1 0.9 1.4 -0.9 -1.3 3.3

Mining............................................ 21 6.630 85.2 82.0 16.3 1.4 -4.0 -0.1 -3.8

Oil and gas extraction........................ 211 6.367 84.9 81.3 16.3 1.5 -4.3 0.0 -4.2

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.263 103.7 110.1 15.8 -0.3 2.3 -3.7 6.2

Manufacturing..................................... 91.055 110.0 109.8 0.8 0.2 0.3 0.2 -0.2

Manufacturing, part 1......................... 31 11.912 123.9 124.1 0.2 0.2 0.0 0.1 0.2

Food manufacturing.......................... 311 3.460 154.3 155.5 1.9 0.9 -0.1 0.3 0.8

Beverage and tobacco product

manufacturing............................... 312 1.060 118.2 118.3 -0.5 0.2 0.2 -0.1 0.1

Textile mills (Dec. 2011=100)............... 313 0.400 98.4 98.1 -0.5 0.0 0.2 0.2 -0.3

Textile product mills.......................... 314 0.933 108.5 108.6 -0.5 -0.3 0.4 0.0 0.1

Apparel manufacturing....................... 315 4.212 111.1 111.0 -0.4 0.1 -0.1 0.0 -0.1

Leather and allied product

manufacturing............................... 316 1.847 122.9 123.1 -0.4 0.0 -0.1 0.0 0.2

Manufacturing, part 2......................... 32 17.602 120.6 120.0 4.5 0.2 0.7 0.2 -0.5

Wood product manufacturing................ 321 0.901 127.4 129.0 12.4 2.0 1.9 4.0 1.3

Paper manufacturing......................... 322 1.024 104.8 105.1 -0.2 0.0 0.0 0.5 0.3

Printing and related support activities

(Dec. 2016=100)........................... 323 0.222 100.1 100.1 – 0.2 0.0 0.0 0.0

Petroleum and coal products

manufacturing............................... 324 2.266 83.1 80.6 18.0 -3.2 0.1 -0.8 -3.0

Chemical manufacturing..................... 325 9.942 135.8 135.3 3.4 0.8 0.8 0.1 -0.4

Plastics and rubber products

manufacturing............................... 326 2.238 118.0 117.9 0.8 0.1 0.8 0.3 -0.1

Nonmetallic mineral product

manufacturing............................... 327 1.010 128.5 128.3 -1.6 -0.2 -0.2 0.1 -0.2

Manufacturing, part 3......................... 33 61.541 103.6 103.6 0.1 0.3 0.1 0.2 0.0

Primary metal manufacturing................ 331 4.218 142.7 140.9 10.5 3.6 2.4 0.6 -1.3

Fabricated metal product manufacturing... 332 3.087 122.2 122.1 -0.1 0.1 0.1 0.7 -0.1

Machinery manufacturing.................... 333 7.088 116.3 116.2 -0.3 0.1 0.1 0.2 -0.1

Computer and electronic product

manufacturing............................... 334 17.609 75.8 75.9 -1.0 0.0 0.0 0.0 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.923 114.7 114.7 -0.3 -0.3 -0.2 0.5 0.0

Transportation equipment manufacturing... 336 17.561 109.6 109.7 -0.2 0.0 0.0 0.2 0.1

Furniture and related product

manufacturing............................... 337 1.733 115.3 115.3 0.1 0.1 0.0 0.1 0.0

Miscellaneous manufacturing............... 339 5.321 117.4 117.4 -2.1 0.2 0.1 -0.2 0.0

1 Relative importance figures are based on 2015 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: May 2016 to May 2017

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

Nonmanufacturing................................ 7.409 132.5 128.9 7.1 0.4 -1.9 1.1 -2.7

Agriculture, forestry, fishing and

hunting........................................ 11 4.716 158.7 153.6 -0.8 2.6 1.4 -0.1 -3.2

Crop production............................... 111 4.337 164.5 159.5 -1.7 2.8 1.1 -0.5 -3.0

Mining............................................ 21 2.693 77.8 76.3 24.1 -2.9 -7.4 3.3 -1.9

Mining (except oil and gas).................. 212 1.200 99.4 102.6 32.4 4.6 -2.7 -3.9 3.2

Manufacturing..................................... 91.090 112.4 111.9 1.0 0.2 0.2 0.3 -0.4

Manufacturing, part 1......................... 31 7.058 137.2 137.8 2.6 0.1 0.9 0.0 0.4

Food manufacturing.......................... 311 4.740 155.3 156.2 3.7 -0.1 0.8 0.3 0.6

Beverage and tobacco product

manufacturing............................... 312 0.695 110.2 111.5 2.8 1.5 2.9 -1.8 1.2

Textile mills (Dec. 2016=100)............... 313 0.674 101.5 101.4 – 0.4 0.3 -0.3 -0.1

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.287 99.9 98.7 – 0.2 -0.2 -0.2 -1.2

Manufacturing, part 2......................... 32 24.025 107.9 105.7 1.7 0.0 0.0 0.7 -2.0

Paper manufacturing......................... 322 1.628 117.0 115.5 -5.2 -0.6 -2.5 2.1 -1.3

Petroleum and coal products

manufacturing............................... 324 5.330 96.2 89.9 15.7 -2.1 -1.5 3.2 -6.5

Chemical manufacturing..................... 325 13.166 113.4 112.5 -1.1 0.9 0.5 -0.3 -0.8

Plastics and rubber products

manufacturing............................... 326 2.298 114.4 114.6 -0.8 0.0 0.3 -0.4 0.2

Nonmetallic mineral product

manufacturing............................... 327 0.843 113.2 113.2 0.6 -0.1 1.1 -0.5 0.0

Manufacturing, part 3......................... 33 60.007 111.8 111.9 0.5 0.3 0.3 0.1 0.1

Primary metal manufacturing................ 331 4.040 138.1 138.2 2.7 1.4 1.3 0.8 0.1

Fabricated metal product manufacturing... 332 3.301 137.4 138.2 6.2 2.5 0.0 0.0 0.6

Machinery manufacturing.................... 333 10.254 125.4 125.4 -0.5 0.1 0.0 0.2 0.0

Computer and electronic product

manufacturing............................... 334 14.154 82.6 82.7 -1.3 -0.1 0.0 0.1 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.981 113.1 113.1 0.6 0.0 0.5 0.2 0.0

Transportation equipment manufacturing... 336 18.474 124.2 124.3 1.9 0.2 0.1 0.1 0.1

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.455 117.5 117.5 3.3 -0.2 -0.2 0.1 0.0

Miscellaneous manufacturing............... 339 5.349 118.9 118.9 -1.5 0.3 0.3 0.1 0.0

1 Relative importance figures are based on 2015 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: May 2016 to May

2017

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

Live animals; animal products................. I 1.487 192.2 195.5 2.5 1.2 -0.1 0.2 1.7

Meat and edible meat offal..................... 02 0.442 243.1 247.6 1.9 2.8 1.1 1.5 1.9

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.749 142.9 143.8 2.3 -0.5 -1.2 -0.8 0.6

Vegetable products............................... II 2.062 216.4 221.1 14.5 2.3 -2.6 2.5 2.2

Edible vegetables, roots, and tubers.......... 07 0.370 421.5 441.1 7.3 2.8 -2.4 2.9 4.7

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.867 128.6 133.3 44.7 0.6 -0.6 4.0 3.7

Coffee, tea, mate and spices.................. 09 0.361 232.5 229.9 0.7 -0.7 -0.9 -1.2 -1.1

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.297 113.5 115.4 7.9 3.0 -4.9 -0.4 1.7

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.675 159.4 159.6 -0.6 0.2 0.3 -0.3 0.1

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.186 86.8 86.8 1.0 0.1 -0.1 0.9 0.0

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.192 94.3 92.7 -19.1 -2.8 0.8 -4.6 -1.7

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.342 159.0 160.5 3.9 -0.4 0.5 -0.1 0.9

Beverages, spirits, and vinegar................ 22 1.001 127.8 127.9 -0.6 0.2 0.2 -0.2 0.1

Mineral products.................................. V 9.048 173.7 167.6 17.0 -0.1 -2.8 -0.1 -3.5

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 8.817 171.7 165.2 17.6 -0.1 -2.9 0.0 -3.8

Products of the chemical or allied

industries........................................ VI 9.342 151.8 151.6 2.9 1.1 0.5 -0.3 -0.1

Inorganic chemicals............................. 28 0.569 286.0 285.3 7.7 1.8 5.8 1.2 -0.2

Organic chemicals............................... 29 2.409 124.5 124.6 3.4 0.9 1.2 0.2 0.1

Pharmaceutical products....................... 30 4.322 147.9 147.9 3.4 1.3 -0.4 -0.8 0.0

Fertilizers (Dec. 2009=100).................... 31 0.269 76.3 73.3 -5.1 3.7 -0.1 -3.7 -3.9

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.192 107.2 107.3 9.5 0.0 0.1 5.2 0.1

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.538 98.6 98.6 – 0.0 -0.2 -1.4 0.0

Miscellaneous chemical products............. 38 0.685 103.9 103.4 2.2 0.4 0.7 -0.2 -0.5

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.457 139.9 139.9 2.5 0.7 0.6 0.2 0.0

Plastics and articles thereof.................... 39 2.179 140.7 140.8 0.5 0.3 0.6 0.4 0.1

Rubber and articles thereof.................... 40 1.278 139.8 139.6 6.1 1.5 0.4 0.1 -0.1

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.683 122.8 123.5 -0.6 0.0 -0.2 -0.2 0.6

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.652 128.0 128.7 -0.5 0.0 -0.2 -0.2 0.5

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.934 154.7 156.8 12.2 1.7 1.9 4.0 1.4

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.909 106.6 108.1 12.6 1.8 2.0 4.0 1.4

Woodpulp, recovered paper, and paper

products......................................... X 1.089 110.1 110.4 0.5 0.1 0.0 0.4 0.3

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.723 103.3 103.3 -1.2 0.1 0.1 -0.5 0.0

Printed matter (Dec. 2015=100)............... 49 0.220 106.0 106.0 5.7 0.2 0.0 0.0 0.0

Textile and textile articles....................... XI 5.361 113.3 113.2 -0.2 0.0 0.1 0.1 -0.1

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: May 2016 to May

2017 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.199 103.8 103.6 0.1 -0.1 0.0 0.0 -0.2

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.832 119.1 119.1 -0.8 0.2 -0.1 0.1 0.0

Made-up or worn textile articles............... 63 0.652 103.7 103.8 0.7 0.1 0.4 0.0 0.1

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.524 122.3 122.3 -0.6 0.0 -0.1 0.0 0.0

Footwear and parts of such articles........... 64 1.290 121.4 121.4 -0.6 0.0 -0.1 0.0 0.0

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.942 130.0 129.7 -2.0 -0.2 -0.2 0.0 -0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.325 96.1 95.5 -5.0 -0.5 -0.3 -0.2 -0.6

Ceramic products................................ 69 0.273 136.8 136.7 -0.6 0.0 -0.3 0.1 -0.1

Glass and glassware............................ 70 0.344 129.7 129.8 -0.3 -0.1 0.1 0.0 0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.827 170.5 168.5 -2.2 1.7 1.3 0.4 -1.2

Base metals and articles of base metals. . .. XV 5.559 167.2 166.3 7.4 1.4 1.4 0.8 -0.5

Iron and steel.................................... 72 1.373 198.8 197.4 20.1 3.0 3.0 1.5 -0.7

Articles of iron or steel.......................... 73 1.656 140.5 140.5 1.7 0.1 0.4 1.2 0.0

Copper and articles thereof.................... 74 0.385 271.3 266.3 8.1 3.4 0.9 -1.7 -1.8

Aluminum and articles thereof................. 76 0.814 129.9 129.4 5.8 2.2 3.0 0.9 -0.4

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.435 122.9 122.7 0.2 -0.1 0.1 0.1 -0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.522 136.5 136.6 -0.1 0.1 0.1 0.8 0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 29.833 80.4 80.4 -0.7 0.0 0.0 0.0 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 14.835 85.8 85.8 -0.3 0.1 0.1 0.2 0.0

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.998 75.3 75.3 -1.1 0.0 -0.1 -0.1 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.661 114.3 114.3 0.0 0.1 0.0 0.4 0.0

Motor vehicles and their parts................. 87 13.193 113.3 113.3 0.4 0.1 0.0 0.6 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.336 116.1 116.1 -3.4 0.0 -0.2 -2.1 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.857 101.3 101.1 -2.2 -0.3 -0.2 0.2 -0.2

Optical, photographic, measuring and

medical instruments.......................... 90 3.530 98.0 97.8 -2.4 -0.4 -0.2 0.2 -0.2

Clocks and watches and parts thereof. . . . . .. 91 0.268 142.0 142.0 0.2 1.1 -0.1 0.2 0.0

Miscellaneous manufactured articles......... XX 4.286 110.9 111.0 -1.1 0.0 0.1 -0.4 0.1

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.649 116.4 116.6 -0.3 0.0 0.0 0.0 0.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.361 101.4 101.4 -2.0 0.0 0.0 -1.3 0.0

Miscellaneous manufactured articles. . . . . . . .. 96 0.276 129.8 129.9 -3.9 0.0 0.1 0.0 0.1

1 Relative importance figures are based on 2015 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: May 2016 to May

2017

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

Live animals; animal products................. I 1.890 204.1 203.5 10.1 0.1 2.8 1.0 -0.3

Meat & edible meat offal (Dec. 2006=100)... 02 1.088 159.5 162.0 8.7 0.3 5.3 0.8 1.6

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.427 114.9 107.3 – -0.6 3.5 6.2 -6.6

Vegetable products............................... II 4.503 204.7 194.6 -2.5 4.0 1.3 0.6 -4.9

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.845 142.0 137.6 -12.0 -4.5 2.1 -1.1 -3.1

Cereals............................................ 10 1.185 173.5 175.2 -5.1 2.2 2.3 -4.8 1.0

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.587 192.2 196.1 -4.2 1.8 1.6 -8.7 2.0

Prepared foodstuffs, beverages,and

tobacco........................................... IV 3.073 148.1 149.0 0.4 -0.3 0.7 0.5 0.6

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.382 116.9 117.1 -1.6 -0.1 0.1 0.2 0.2

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.556 112.7 112.8 3.2 -1.2 1.6 1.3 0.1

Residues and waste from the food

industries; prepared animal feed............ 23 0.715 195.5 197.3 -1.3 0.4 -1.0 -0.9 0.9

Mineral products.................................. V 8.215 196.5 187.6 22.1 -1.4 -2.5 2.9 -4.5

Ores, slag and ash (Dec. 2012=100)......... 26 0.554 93.4 91.4 22.5 6.3 -0.7 0.6 -2.1

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 7.469 187.8 178.7 22.9 -1.9 -2.7 3.1 -4.8

Products of the chemical or allied

industries........................................ VI 10.772 133.8 132.8 -2.4 0.8 0.4 -0.7 -0.7

Inorganic chemicals............................. 28 0.804 168.4 168.3 -2.9 -0.8 -0.3 -5.2 -0.1

Organic chemicals............................... 29 2.534 132.1 128.3 -3.2 3.5 1.6 -2.4 -2.9

Pharmaceutical products....................... 30 3.149 104.3 104.5 -2.6 -0.1 0.0 1.1 0.2

Fertilizers (Dec. 2016=100).................... 31 0.249 107.9 109.9 – -0.2 4.0 3.9 1.9

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.522 98.2 98.6 -0.1 0.5 0.2 0.3 0.4

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.820 133.5 133.4 -0.9 0.2 0.1 1.1 -0.1

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.506 114.5 112.9 -3.0 -0.2 -0.6 -1.4 -1.4

Miscellaneous chemical products............. 38 1.754 144.9 144.3 -2.1 0.0 -0.2 -0.4 -0.4

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.162 139.3 138.2 1.2 0.8 1.1 0.1 -0.8

Plastics and articles thereof.................... 39 4.145 133.2 132.9 0.9 0.2 0.8 0.3 -0.2

Rubber and articles thereof.................... 40 1.017 166.7 161.0 2.1 3.7 2.6 -0.5 -3.4

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.350 123.3 121.4 2.4 0.7 0.7 -0.5 -1.5

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.628 97.3 97.6 2.3 -1.4 4.6 0.4 0.3

Woodpulp, recovered paper, and paper

products......................................... X 2.092 124.2 123.8 1.8 0.7 2.4 -3.7 -0.3

Woodpulp and recovered paper............... 47 0.653 131.6 130.3 5.4 0.4 6.8 -11.7 -1.0

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.086 120.0 119.9 0.2 1.1 0.1 0.5 -0.1

Printed material (Dec. 2014=100)............. 49 0.353 101.6 101.6 1.2 0.0 0.9 0.1 0.0

Textile and textile articles....................... XI 1.755 121.1 121.1 1.4 0.6 -0.6 0.1 0.0

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.467 130.0 130.6 13.4 1.7 1.1 0.1 0.5

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: May 2016 to May

2017 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May

2016 to

May

2017

Jan.

2017 to

Feb.

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.831 122.5 122.4 -0.2 -0.1 0.8 -0.6 -0.1

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.278 101.2 101.1 0.6 0.2 0.8 0.2 -0.1

Glass and glassware............................ 70 0.427 99.3 99.2 -0.3 -0.3 0.0 0.0 -0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.202 232.4 230.5 -1.7 1.9 1.8 0.3 -0.8

Base metals and articles of base metals. . .. XV 4.980 153.4 153.9 6.4 1.1 1.3 0.5 0.3

Iron and steel.................................... 72 1.067 161.6 161.4 8.3 -0.8 3.6 0.5 -0.1

Copper and articles thereof.................... 74 0.477 169.1 169.1 12.4 1.9 -0.4 0.2 0.0

Aluminum and articles thereof................. 76 0.855 113.7 113.9 7.8 2.4 2.9 0.9 0.2

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.348 99.5 99.5 -0.5 -0.3 0.0 0.0 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.346 148.2 148.2 0.0 0.0 0.3 0.0 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.675 96.0 96.1 0.2 0.1 0.1 0.1 0.1

Machinery and mechanical appliances;

parts thereof................................... 84 16.863 113.7 113.8 0.8 0.3 0.0 0.4 0.1

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.812 77.0 77.1 -0.6 -0.1 0.1 0.0 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.951 132.6 132.7 0.9 0.1 0.0 0.2 0.1

Motor vehicles and their parts................. 87 8.694 115.3 115.2 0.3 0.0 0.0 0.2 -0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.029 106.3 106.5 -0.4 0.4 0.0 0.0 0.2

Miscellaneous manufactured articles......... XX 1.486 112.5 112.4 1.4 0.2 -0.2 -0.1 -0.1

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.898 128.3 128.4 2.8 -0.1 -0.2 0.1 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.434 88.7 88.7 -0.6 0.0 -0.2 -0.7 0.0

1 Relative importance figures are based on 2015 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: May 2016 to May 2017

[2000=100, unless otherwise noted]

Description

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May 2016

to May

2017

Jan. 2017

to Feb.

2017

Feb. 2017

to Mar.

2017

Mar. 2017

to Apr.

2017

Apr. 2017

to May

2017

Industrialized Countries2

.................... 100.000 119.2 118.8 1.9 0.5 -0.3 0.2 -0.3

Nonmanufacturing........................... 8.404 133.8 130.4 11.5 1.5 -4.0 -0.1 -2.5

Manufacturing................................ 91.134 117.6 117.4 1.1 0.5 0.0 0.3 -0.2

Other Countries3

.............................. 100.000 119.5 119.0 1.3 0.4 -0.2 0.2 -0.4

Nonmanufacturing........................... 8.846 195.8 191.4 17.3 2.6 -3.7 -0.1 -2.2

Manufacturing................................ 90.947 103.0 102.8 -0.2 0.2 0.2 0.1 -0.2

Canada.......................................... 100.000 124.5 123.7 5.4 1.1 -1.1 0.1 -0.6

Nonmanufacturing........................... 23.416 128.3 124.6 12.2 1.5 -4.2 -0.2 -2.9

Manufacturing................................ 75.788 127.3 127.4 3.5 1.1 -0.2 0.1 0.1

European Union4

.............................. 100.000 132.2 132.2 0.2 -0.1 0.1 0.0 0.0

Manufacturing................................ 99.470 128.9 128.9 0.2 -0.1 0.2 0.0 0.0

France (Dec. 2003=100)...................... 100.000 120.8 120.8 -1.6 -0.2 0.3 -0.5 0.0

Germany (Dec. 2003=100)................... 100.000 113.8 113.7 0.4 0.2 0.0 0.4 -0.1

United Kingdom (Dec. 2003=100).......... 100.000 117.1 117.3 -1.3 0.2 0.0 -0.5 0.2

Latin America5

................................. 100.000 143.5 143.1 3.7 0.8 -0.6 0.6 -0.3

Nonmanufacturing........................... 18.041 223.0 219.7 18.6 1.9 -4.8 0.8 -1.5

Manufacturing................................ 81.613 120.4 120.4 0.9 0.4 0.5 0.6 0.0

Mexico (Dec. 2003=100)...................... 100.000 126.5 126.7 1.0 0.4 0.4 2.0 0.2

Nonmanufacturing (Dec. 2008=100). . . . .. 8.585 119.5 120.5 20.7 1.5 2.3 0.6 0.8

Manufacturing (Dec. 2008=100)........... 91.105 88.1 88.2 -0.8 0.3 0.2 2.1 0.1

Pacific Rim (Dec. 2003=100)6

............... 100.000 98.4 98.4 -0.3 0.1 0.1 0.0 0.0

China (Dec. 2003=100)....................... 100.000 100.1 100.1 -1.1 0.1 0.2 -0.1 0.0

Japan............................................ 100.000 96.4 96.4 1.2 0.1 0.2 -0.1 0.0

Asian NICs7

..................................... 100.000 85.8 85.8 1.3 0.6 0.4 0.7 0.0

ASEAN (Dec. 2003=100)8

.................... 100.000 97.9 97.9 1.1 0.3 0.1 0.1 0.0

Asia Near East (Dec. 2003=100)9

........... 100.000 155.6 150.2 8.0 3.0 -1.6 -2.8 -3.5

1 Relative importance figures are based on 2015 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: May 2016 to

May 2017

[2000=100, unless otherwise noted]

Description

Relative

importance

Apr.

20171

Index Percent change

Apr.

2017

May

2017

Annual Monthly

May 2016

to May

2017

Jan. 2017

to Feb.

2017

Feb. 2017

to Mar.

2017

Mar. 2017

to Apr.

2017

Apr. 2017

to May

2017

Air Freight

Import Air Freight.................................... 100.000 163.8 165.0 9.7 -0.2 0.6 0.7 0.7

Europe (Dec. 2003=100).......................... 24.565 136.7 136.8 -0.7 0.4 0.1 0.0 0.1

Asia.................................................. 62.746 152.4 152.9 15.7 -0.8 1.1 1.6 0.3

Export Air Freight................................... 100.000 158.6 160.7 4.2 0.5 1.4 -0.3 1.3

Europe (Dec. 2006=100).......................... 32.859 147.0 147.0 1.0 0.5 -0.2 0.0 0.0

Inbound Air Freight................................. 100.000 153.7 155.0 7.8 -0.4 0.3 0.2 0.8

Europe (Dec. 2003=100).......................... 26.805 131.1 130.6 -3.5 0.4 -0.5 -0.8 -0.4

Asia.................................................. 59.865 142.6 143.4 14.4 -1.0 0.7 1.4 0.6

Outbound Air Freight............................... 100.000 137.0 140.2 1.3 -0.6 0.4 -1.7 2.3

Europe (Dec. 2003=100).......................... 31.314 145.2 145.2 2.0 -1.6 0.6 0.6 0.0

Asia.................................................. 45.615 129.0 135.6 3.0 0.1 0.3 -4.0 5.1

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 168.7 175.3 -6.9 -0.8 -4.0 -3.2 3.9

Europe............................................... 39.947 182.7 189.5 -14.4 0.3 -8.6 -7.5 3.7

Asia.................................................. 22.094 128.3 136.2 -2.4 -4.0 -0.4 0.2 6.2

Latin America/Caribbean.......................... 10.613 163.5 156.0 8.3 2.3 2.4 0.9 -4.6

Export Air Passenger Fares....................... 100.000 145.3 149.7 2.2 -11.6 3.0 -5.7 3.0

Europe............................................... 32.353 190.0 199.7 4.5 5.4 -1.7 -10.1 5.1

Asia.................................................. 25.920 117.8 130.2 -2.4 -20.5 3.2 -7.6 10.5

Latin America/Caribbean.......................... 27.574 167.1 161.0 7.5 -9.6 9.5 -3.6 -3.7

1 Relative importance figures are based on 2015 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.