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

U.S. import prices advanced 0.4 percent in January, the U.S. Bureau of Labor Statistics reported today,

following a 0.5-percent increase in December. For both months, a rise in fuel prices more than offset 

declining nonfuel prices. Prices for U.S. exports advanced 0.1 percent in January, after rising 0.4 percent the 

previous month.

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

 Percent change 

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

 Percent change 

-1.3

-0.5

0.4

0.7

1.2

0.7

0.1

-0.2

0.1

0.5

-0.1

0.5 0.4

-2

-1

0

1

2

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

-6.5 -6.6 -6.1

-5.3 -5.2 -4.7

-3.7

-2.2

-1.1

-0.2

0.2

2.0

3.7

-8

-7

-6

-5

-4

-3

-2

-1

0

1

2

3

4

5

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

Transmission of material in this release is embargoed until

8:30 a.m. (EST) Friday, February 10, 2017

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

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

USDL-17-0181
2

All Imports: Import prices increased 0.4 percent in January following a 0.5-percent advance in December. 

The price index for overall imports has trended up since March 2016 and rose 3.7 percent over the past year. 

The advance between January 2016 and January 2017 was the largest 12-month rise since the index 

increased 5.1 percent in February 2012. 

Fuel Imports: Prices for import fuel rose 5.8 percent in January following an increase of 6.6 percent in 

December. In January, higher prices for both petroleum and natural gas contributed to the overall rise in fuel 

prices. Petroleum prices rose 5.2 percent and natural gas prices increased 12.2 percent in January, after both 

indexes advanced in the previous month. Import fuel prices increased 57.6 percent over the past 12 months, 

the largest over-the-year rise since the index advanced 61.7 percent in March 2010. Petroleum prices rose 

60.9 percent for the year ended in January and natural gas prices advanced 45.0 percent over the same 

period. 

All Imports Excluding Fuel: In contrast to fuel prices, import nonfuel prices decreased 0.2 percent in 

January, after edging down 0.1 percent in December and November. The price index for nonfuel imports 

has not recorded a monthly increase since a 0.3-percent rise in July 2016. The January drop was led by 

lower prices for foods, feeds, and beverages and each of the major finished goods categories, which more 

than offset higher prices for nonfuel industrial supplies and materials. Nonfuel import prices recorded no 

change over the past 12 months. 

 

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 2016 – January 2017 

 Percent change 

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

 Percent change

All Exports: Export prices ticked up 0.1 percent in January, following a 0.4-percent increase in December. 

Rising prices for nonagricultural exports more than offset falling agricultural prices in each of the 2 months. 

With the exception of a 0.8-percent drop in August 2016, export prices have trended up since April 2016 

and rose 2.3 percent for the year ended in January. The 2.3-percent rise was the largest 12-month advance 

since the index increased 2.6 percent between January 2011 and January 2012. 

Agricultural Exports: Export agricultural prices edged down 0.1 percent in January, after declining 0.2 

percent in December. The recent downturn followed increases of 0.7 percent and 0.5 percent in November 

and October, respectively. In January, falling prices for soybeans more than offset higher prices for corn. 

Despite the recent drops, agricultural export prices rose 0.8 percent for the year ended in January. 

All Exports Excluding Agriculture: The price index for nonagricultural exports ticked up 0.1 percent in 

January, after rising 0.4 percent the previous month. In January, the advance was led by increasing prices 

for nonagricultural industrial supplies and materials and automotive vehicles. In contrast, consumer goods 

and capital goods prices declined in January. Nonagricultural exports also advanced over the past year, 

rising 2.4 percent between January 2016 and January 2017. 

 

-0.9

-0.4

-0.1

0.5

1.1

0.8

0.2

-0.8

0.3 0.2 0.1

0.4

0.1

-2

-1

0

1

2

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

-5.9

-6.1 -6.2

-5.1

-4.5

-3.5

-3.0 -2.4

-1.5

-1.1

-0.2

1.3

2.3

-8

-7

-6

-5

-4

-3

-2

-1

0

1

2

3

4

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

SELECTED JANUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Prices for imports from China fell 0.1 percent in January, after recording 

no change in December and fell 1.7 percent over the past 12 months. The price index for imports from 

China has not recorded a monthly increase since the index rose 0.1 percent in December 2014. Import prices 

from Japan declined 0.3 percent in January, the first decrease for the index since a 0.1-percent drop in 

January 2016 and the largest decline since the index fell 0.3 percent in August 2015. Prices for imports from 

Mexico and the European Union also fell in January, declining 1.3 percent and 0.1 percent, respectively. In 

contrast, import prices from Canada advanced 1.8 percent in January, driven by higher fuel prices. 

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

0.7 percent in January following a 0.6-percent rise in December. Both advances were led by higher 

unfinished metal prices. 

Finished Goods: Each of the major finished goods price indexes declined in January. Prices for automotive 

vehicles fell 0.5 percent, driven by a 1.2-percent drop in the price index for non-engine parts. Capital goods 

and consumer goods prices also decreased in January, each edging down 0.1 percent. 

 

Foods, Feeds, and Beverages: Prices for import foods, feeds, and beverages declined 1.3 percent in 

January, after decreasing 1.5 percent the previous month. 

Transportation Services: Import air passenger fares fell 1.7 percent in January following a 1.3-percent rise 

in December. The January downturn was driven by an 8.5-percent decline in Asian fares and an 11.7-

percent drop in Latin American/Caribbean fares. The index for import air passenger fares decreased 4.9 

percent for the year ended in January. Import air freight prices also declined in January, falling 1.8 percent. 

The price index for import air freight increased 5.0 percent over the past 12 months. 

Export Prices

Nonagricultural Industrial Supplies and Materials: Export nonagricultural industrial supplies and 

materials prices advanced 0.7 percent in January, after a 2.1-percent rise the previous month. Both increases 

were primarily led by rising fuel prices. 

Finished Goods: Export finished goods prices were mixed in January. The price index for consumer goods 

decreased 1.0 percent for the second consecutive month. Those were the largest monthly declines for the 

index since the index fell 1.4 percent in June 1991. In January, the drop was driven by a 3.5-percent decline 

in medicinal, dental, and pharmaceutical materials prices. Capital goods prices also fell in January, edging 

down 0.1 percent. In contrast, automotive vehicle prices rose 0.4 percent in January. 

Transportation Services: Export air passenger fares increased 0.8 percent in January, and have not 

recorded a monthly decline since the index fell 11.1 percent in September 2016. The January advance was 

led by a 10.1-percent rise in Asian fares. The index for export air passenger fares rose 0.9 percent for the 

year ended in January. Export air freight prices increased 0.6 percent in January and declined 1.8 percent 

over the past year. 

 

Import and Export Price Index data for February 2017 are scheduled for release on Thursday, March 9, 2017 

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

January 2017

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

All commodities................................... 100.000 121.7 122.2 3.7 0.5 -0.1 0.5 0.4

All imports excluding food and fuels (Dec.

2010=100)........................................ 84.742 98.1 98.0 -0.1 0.0 -0.2 0.1 -0.1

All imports excluding petroleum.............. 91.610 111.0 111.0 0.3 -0.1 0.0 -0.1 0.0

All imports excluding fuels (Dec.

2001=100)........................................ 90.945 115.0 114.8 0.0 0.0 -0.1 -0.1 -0.2

Foods, feeds, & beverages................... 0 6.203 179.5 177.2 2.0 -0.7 1.5 -1.5 -1.3

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.850 196.7 193.0 0.8 -1.0 1.8 -1.9 -1.9

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.353 140.7 142.1 6.0 0.4 0.4 -0.2 1.0

Industrial supplies & materials.............. 1 22.192 164.2 168.7 21.4 2.2 -0.4 3.0 2.7

Industrial supplies & materials excluding

petroleum.................................... 13.802 142.7 144.6 5.4 -0.8 0.4 0.8 1.3

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.137 161.1 162.2 4.2 -0.6 0.0 0.6 0.7

Industrial supplies & materials, durable. . .. 8.110 150.6 151.9 7.0 -1.2 0.2 0.6 0.9

Industrial supplies & materials nondurable

excluding petroleum....................... 5.027 132.7 135.4 3.3 -0.2 0.7 1.1 2.0

Fuels & lubricants............................. 10 9.055 170.5 180.4 57.6 6.6 -1.1 6.6 5.8

Petroleum & petroleum products......... 100 8.390 183.2 192.7 60.9 7.5 -1.7 6.8 5.2

Crude........................................ 10000 5.961 187.9 194.5 67.5 8.2 -3.7 9.6 3.5

Fuels, n.e.s.-coals & gas.................. 101 0.520 108.1 123.8 41.8 -3.8 9.3 5.5 14.5

Gas-natural.................................. 10110 0.420 92.5 103.8 45.0 -4.6 10.8 6.4 12.2

Paper & paper base stocks.................. 11 0.541 105.6 105.1 -2.5 -0.8 -0.6 1.1 -0.5

Materials associated with nondurable

supplies & materials....................... 12 4.555 150.4 151.1 0.3 0.5 -0.1 0.6 0.5

Selected building materials.................. 13 1.383 137.3 138.9 3.5 -0.1 -0.6 0.6 1.2

Unfinished metals related to durable

goods........................................ 14 3.287 198.8 202.0 16.3 -2.2 0.7 0.9 1.6

Finished metals related to durable

goods........................................ 15 1.688 144.7 144.8 0.1 -1.1 0.3 0.3 0.1

Nonmetals related to durable goods. . . . . .. 16 1.683 107.8 107.9 0.3 -0.1 -0.4 0.3 0.1

Capital goods................................... 2 27.638 88.7 88.6 -1.1 -0.1 -0.2 0.0 -0.1

Electric generating equipment............... 20 3.338 116.2 116.1 -0.7 -0.2 0.3 0.2 -0.1

Nonelectrical machinery...................... 21 21.676 81.1 80.9 -1.3 -0.2 -0.2 0.0 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.624 136.5 136.8 -0.4 0.0 0.1 0.1 0.2

Automotive vehicles, parts & engines..... 3 16.461 110.6 110.1 -0.1 0.3 0.0 -0.1 -0.5

Consumer goods, excluding

automotives.................................. 4 27.506 106.4 106.3 -0.9 0.3 -0.3 -0.2 -0.1

Nondurables, manufactured................. 40 13.389 119.9 120.0 0.3 0.3 0.1 0.2 0.1

Durables, manufactured...................... 41 12.784 93.4 93.1 -2.0 0.3 -0.5 -0.3 -0.3

Nonmanufactured consumer goods. . . . . . .. 42 1.333 115.5 115.7 -3.4 0.1 -0.2 -2.4 0.2

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: January 2016 to

January 2017

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

All commodities................................... 100.000 121.3 121.4 2.3 0.2 0.1 0.4 0.1

Agricultural commodities....................... 9.358 175.0 174.9 0.8 0.5 0.7 -0.2 -0.1

All exports excluding food and fuels (Dec.

2010=100)........................................ 83.322 98.1 97.9 0.0 -0.2 0.1 -0.2 -0.2

Nonagricultural commodities.................. 90.642 117.2 117.3 2.4 0.2 0.0 0.4 0.1

Foods, feeds, & beverages................... 0 8.675 176.4 177.5 1.6 0.5 0.8 -0.5 0.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.089 176.2 176.8 1.1 0.5 0.9 -0.3 0.3

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.586 186.8 194.8 8.2 0.2 -0.7 -2.7 4.3

Industrial supplies & materials.............. 1 29.795 146.0 146.8 9.2 0.8 0.0 2.0 0.5

Industrial supplies & materials, durable. . .. 10.453 154.3 155.5 5.6 -0.8 1.0 -0.5 0.8

Industrial supplies & materials,

nondurable.................................. 19.342 142.4 142.9 11.3 1.8 -0.5 3.5 0.4

Agricultural industrial supplies &

materials..................................... 10 1.269 172.9 168.0 -0.9 0.8 -0.9 0.2 -2.8

Nonagricultural industrial supplies &

materials...................................... 28.526 145.1 146.1 9.7 0.8 0.1 2.1 0.7

Fuels & lubricants............................. 11 8.003 166.0 169.8 34.4 4.7 -1.4 8.4 2.3

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.501 149.5 149.6 2.5 -0.5 0.6 -0.1 0.1

Selected building materials.................. 13 1.022 117.5 116.7 1.7 -0.2 0.3 0.4 -0.7

Capital goods................................... 2 38.225 106.7 106.6 -0.2 -0.1 0.0 0.0 -0.1

Electrical generating equipment............. 20 3.961 111.8 112.2 0.1 -0.1 -0.1 0.0 0.4

Nonelectrical machinery...................... 21 25.207 93.6 93.4 -1.0 -0.1 0.0 -0.1 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.056 165.1 165.4 2.0 0.1 -0.1 0.1 0.2

Automotive vehicles, parts & engines..... 3 10.357 112.5 113.0 -0.4 0.1 0.0 -0.3 0.4

Consumer goods, excluding

automotives.................................. 4 12.948 108.8 107.7 -2.6 -0.5 -0.2 -1.0 -1.0

Nondurables, manufactured................. 40 6.304 105.3 103.1 -2.5 -0.5 -0.3 -0.6 -2.1

Durables, manufactured...................... 41 5.242 107.1 106.9 -1.9 -0.6 0.0 -0.3 -0.2

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 categories of goods: January 2016 to

January 2017

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

Nonmanufacturing................................ 8.671 94.7 97.7 43.7 5.0 -1.2 6.0 3.2

Agriculture, forestry, fishing and

hunting........................................ 11 2.058 183.0 181.2 0.9 -1.8 3.1 -2.8 -1.0

Crop production............................... 111 1.659 197.3 192.3 -1.2 -2.1 3.7 -4.9 -2.5

Animal production (Dec. 2014=100)........ 112 0.196 74.7 79.1 -2.7 -4.7 -1.1 4.6 5.9

Mining............................................ 21 6.613 84.2 88.0 63.3 7.4 -2.6 8.9 4.5

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.247 96.7 106.2 14.1 0.3 0.1 1.0 9.8

Manufacturing..................................... 91.051 109.0 109.1 0.7 0.1 0.0 0.0 0.1

Manufacturing, part 1......................... 31 12.026 123.9 123.5 0.6 0.0 0.1 0.0 -0.3

Food manufacturing.......................... 311 3.494 154.4 152.7 3.6 -0.1 0.4 0.1 -1.1

Beverage and tobacco product

manufacturing............................... 312 1.068 117.9 117.8 -0.2 0.3 -0.2 -0.1 -0.1

Textile mills (Dec. 2011=100)............... 313 0.401 97.9 97.9 -1.5 -0.1 0.2 0.0 0.0

Textile product mills.......................... 314 0.944 108.8 108.4 -1.5 0.0 0.0 -0.2 -0.4

Apparel manufacturing....................... 315 4.251 111.1 111.2 -0.4 0.0 0.0 -0.1 0.1

Leather and allied product

manufacturing............................... 316 1.868 123.1 123.0 -0.8 0.0 0.1 0.0 -0.1

Manufacturing, part 2......................... 32 17.236 117.0 118.7 4.9 0.8 0.6 0.1 1.5

Wood product manufacturing................ 321 0.829 116.2 117.9 6.3 0.0 -0.8 1.2 1.5

Paper manufacturing......................... 322 1.031 104.5 104.2 -1.1 -0.5 -0.2 0.7 -0.3

Printing and related support activities

(Dec.2016=100)............................ 323 0.224 100.0 99.8 – – – – -0.2

Petroleum and coal products

manufacturing............................... 324 2.203 80.0 87.0 43.8 5.0 3.6 -0.4 8.8

Chemical manufacturing..................... 325 9.691 131.1 131.6 0.5 0.5 0.2 0.2 0.4

Plastics and rubber products

manufacturing............................... 326 2.236 116.8 116.9 -0.3 -0.3 0.0 -0.4 0.1

Nonmetallic mineral product

manufacturing............................... 327 1.023 129.0 129.0 -0.9 0.0 -0.1 -0.2 0.0

Manufacturing, part 3......................... 33 61.789 103.1 103.0 -0.2 -0.1 -0.2 -0.1 -0.1

Primary metal manufacturing................ 331 3.929 131.7 134.2 13.8 -1.6 0.5 0.9 1.9

Fabricated metal product manufacturing... 332 3.093 121.3 121.2 -1.7 -0.3 -0.2 -0.2 -0.1

Machinery manufacturing.................... 333 7.141 116.1 115.8 -1.2 0.0 -0.2 -0.2 -0.3

Computer and electronic product

manufacturing............................... 334 17.777 75.8 75.6 -1.9 0.0 -0.7 0.0 -0.3

Electrical equipment, appliance, and

component manufacturing................. 335 4.966 114.7 114.5 -1.7 0.3 -0.1 -0.1 -0.2

Transportation equipment manufacturing... 336 17.762 109.8 109.4 -0.1 0.3 0.0 -0.1 -0.4

Furniture and related product

manufacturing............................... 337 1.737 114.5 114.4 -0.8 0.0 -0.3 -0.1 -0.1

Miscellaneous manufacturing............... 339 5.384 117.7 117.4 -1.4 -0.4 -0.2 -1.2 -0.3

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 categories of goods: January 2016 to

January 2017

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

Nonmanufacturing................................ 7.405 131.1 131.6 9.0 0.3 -0.5 7.5 0.4

Agriculture, forestry, fishing and

hunting........................................ 11 4.555 151.8 152.6 0.2 1.1 1.2 -0.5 0.5

Crop production............................... 111 4.302 158.4 158.9 0.8 1.1 1.4 -0.3 0.3

Mining............................................ 21 2.850 81.6 81.6 26.9 -1.2 -3.5 23.1 0.0

Mining (except oil and gas).................. 212 1.110 91.6 98.9 30.8 2.6 6.4 4.3 8.0

Manufacturing..................................... 91.163 111.4 111.3 1.4 0.2 0.0 -0.1 -0.1

Manufacturing, part 1......................... 31 7.024 135.2 134.9 2.0 -0.3 -0.1 0.1 -0.2

Food manufacturing.......................... 311 4.712 152.9 153.4 3.8 -0.1 0.3 0.3 0.3

Beverage and tobacco product

manufacturing............................... 312 0.688 108.0 101.8 -3.0 -1.0 -3.0 -0.5 -5.7

Textile mills (Dec. 2016=100)............... 313 0.671 100.0 101.1 – – – – 1.1

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.291 100.0 100.1 – – – – 0.1

Manufacturing, part 2......................... 32 24.207 107.6 107.2 5.4 1.3 -0.4 0.8 -0.4

Paper manufacturing......................... 322 1.661 118.3 118.4 -2.7 -1.2 -0.7 0.3 0.1

Petroleum and coal products

manufacturing............................... 324 5.305 94.8 96.6 39.0 7.7 -1.8 4.6 1.9

Chemical manufacturing..................... 325 13.347 113.9 112.0 -1.1 0.0 0.2 -0.1 -1.7

Plastics and rubber products

manufacturing............................... 326 2.301 113.4 114.7 -0.6 -0.6 0.1 -0.3 1.1

Nonmetallic mineral product

manufacturing............................... 327 0.846 112.4 112.6 0.6 -0.3 0.1 -0.3 0.2

Manufacturing, part 3......................... 33 59.932 110.6 110.7 -0.1 -0.2 0.1 -0.5 0.1

Primary metal manufacturing................ 331 3.924 132.8 133.8 5.6 -1.8 0.8 -2.6 0.8

Fabricated metal product manufacturing... 332 3.159 130.2 130.8 0.5 -0.1 0.0 -0.2 0.5

Machinery manufacturing.................... 333 10.356 125.4 125.2 -0.2 0.1 -0.2 -0.3 -0.2

Computer and electronic product

manufacturing............................... 334 14.339 82.9 82.7 -1.9 -0.5 0.1 0.0 -0.2

Electrical equipment, appliance, and

component manufacturing................. 335 3.984 112.1 112.2 0.2 0.0 -0.1 0.1 0.1

Transportation equipment manufacturing... 336 18.350 122.2 122.6 0.7 0.2 0.0 -0.1 0.3

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.459 117.3 117.8 6.5 0.1 0.0 -0.6 0.4

Miscellaneous manufacturing............... 339 5.361 118.0 117.8 -3.4 -0.1 0.2 -1.5 -0.2

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: January 2016 to

January 2017

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

Live animals; animal products................. I 1.470 188.3 189.3 4.9 -1.2 0.2 -0.2 0.5

Meat and edible meat offal..................... 02 0.428 233.5 228.4 5.8 -1.5 0.9 -1.4 -2.2

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.764 144.5 146.7 10.6 0.2 0.7 -0.6 1.5

Vegetable products............................... II 2.106 219.0 212.7 0.3 -1.0 3.2 -4.4 -2.9

Edible vegetables, roots, and tubers.......... 07 0.433 488.5 420.0 -28.7 -4.3 -1.5 -1.4 -14.0

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.851 125.0 123.4 32.4 0.2 7.8 -9.0 -1.3

Coffee, tea, mate and spices.................. 09 0.367 234.1 239.2 6.2 -0.6 4.5 -4.4 2.2

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.311 117.9 116.4 19.0 -0.8 3.5 3.6 -1.3

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.721 160.7 159.4 0.7 -0.1 -0.3 0.3 -0.8

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.195 90.3 87.1 2.7 0.5 0.9 2.6 -3.5

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.215 104.8 100.8 -7.7 -3.0 -4.1 -1.6 -3.8

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.353 162.7 161.6 4.6 1.1 -0.4 1.2 -0.7

Beverages, spirits, and vinegar................ 22 1.010 127.8 127.5 -0.4 0.2 -0.1 -0.1 -0.2

Mineral products.................................. V 8.928 169.8 179.9 57.3 6.7 -1.1 6.6 5.9

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 8.686 167.6 177.8 60.0 6.8 -1.0 6.7 6.1

Products of the chemical or allied

industries........................................ VI 9.122 146.9 148.1 0.6 0.2 0.1 0.3 0.8

Inorganic chemicals............................. 28 0.511 254.2 263.7 -2.9 -2.0 -0.1 1.9 3.7

Organic chemicals............................... 29 2.353 120.6 121.7 -1.3 -0.6 -0.5 0.6 0.9

Pharmaceutical products....................... 30 4.217 143.0 143.6 3.5 1.1 0.3 0.3 0.4

Fertilizers (Dec. 2009=100).................... 31 0.267 74.9 76.7 -7.8 -0.4 5.7 0.9 2.4

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.184 101.6 101.6 6.3 0.9 -0.2 -0.7 0.0

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.551 100.0 100.3 – – – – 0.3

Miscellaneous chemical products............. 38 0.680 102.3 103.0 0.6 0.0 0.3 0.1 0.7

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.424 137.3 138.1 1.3 0.4 -0.1 0.0 0.6

Plastics and articles thereof.................... 39 2.173 139.0 139.3 -0.8 0.3 -0.5 -0.6 0.2

Rubber and articles thereof.................... 40 1.251 135.6 137.4 5.2 0.7 0.4 1.1 1.3

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.692 123.3 123.1 -2.5 0.0 0.1 -0.1 -0.2

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.661 128.7 128.5 -1.2 0.1 0.0 0.0 -0.2

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.861 141.4 143.7 6.1 -0.1 -0.8 1.1 1.6

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.836 97.2 98.8 6.4 0.0 -0.8 1.1 1.6

Woodpulp, recovered paper, and paper

products......................................... X 1.096 109.9 109.5 -0.4 -0.2 0.0 1.0 -0.4

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.731 103.6 103.5 -0.4 -0.8 0.1 0.0 -0.1

Printed matter (Dec. 2015=100)............... 49 0.222 105.9 105.8 5.7 1.6 1.5 1.8 -0.1

Textile and textile articles....................... XI 5.400 113.1 113.0 -0.6 -0.1 0.0 -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: January 2016 to

January 2017 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.222 103.7 103.8 -0.1 0.1 0.0 0.0 0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.853 119.1 119.0 -0.8 -0.3 0.0 -0.1 -0.1

Made-up or worn textile articles............... 63 0.658 103.6 103.2 -0.9 -0.1 0.2 0.1 -0.4

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.539 122.5 122.7 -0.3 0.0 0.0 0.1 0.2

Footwear and parts of such articles........... 64 1.303 121.6 121.5 -0.5 0.0 0.0 0.1 -0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.955 130.5 130.4 -0.9 -0.1 0.0 -0.2 -0.1

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.331 97.1 97.2 -2.2 0.0 -0.1 -0.6 0.1

Ceramic products................................ 69 0.276 137.1 137.1 -1.0 -0.1 0.0 0.0 0.0

Glass and glassware............................ 70 0.348 129.7 129.2 0.2 -0.1 -0.1 0.0 -0.4

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.760 165.0 165.1 2.9 -2.2 0.0 -4.6 0.1

Base metals and articles of base metals. . .. XV 5.361 159.8 161.6 6.4 -0.7 0.6 2.3 1.1

Iron and steel.................................... 72 1.224 175.7 185.9 23.4 -2.7 0.2 4.7 5.8

Articles of iron or steel.......................... 73 1.641 138.0 138.4 -1.4 -0.3 0.4 0.5 0.3

Copper and articles thereof.................... 74 0.386 269.9 263.6 6.6 -1.1 3.9 8.6 -2.3

Aluminum and articles thereof................. 76 0.772 122.0 122.5 1.6 0.8 0.7 0.5 0.4

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.435 121.8 122.8 -2.3 -0.1 -0.2 -0.2 0.8

Miscellaneous articles of base metal. . . . . . . .. 83 0.522 135.4 135.2 -1.3 0.0 -0.7 -0.1 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 30.121 80.5 80.3 -1.5 0.1 -0.4 0.0 -0.2

Machinery and mechanical appliances;

parts thereof................................... 84 14.885 85.3 85.4 -1.2 -0.1 -0.4 -0.1 0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 15.236 75.8 75.4 -1.8 0.4 -0.4 0.0 -0.5

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.769 114.1 113.9 -0.1 0.4 -0.1 -0.2 -0.2

Motor vehicles and their parts................. 87 13.253 112.8 112.5 0.0 0.4 -0.1 -0.1 -0.3

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.380 118.9 118.9 -1.2 0.1 0.0 0.0 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.932 102.4 101.5 -1.3 -0.5 -0.4 -0.1 -0.9

Optical, photographic, measuring and

medical instruments.......................... 90 3.603 99.1 98.3 -1.3 -0.6 -0.3 -0.2 -0.8

Clocks and watches and parts thereof. . . . . .. 91 0.269 141.6 140.0 -0.2 -0.1 -0.3 -0.1 -1.1

Miscellaneous manufactured articles......... XX 4.355 111.6 111.2 -1.0 -0.1 0.0 -0.1 -0.4

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.672 116.3 116.0 -0.7 0.1 -0.2 -0.1 -0.3

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.400 103.4 103.0 -0.8 0.0 0.0 0.1 -0.4

Miscellaneous manufactured articles. . . . . . . .. 96 0.283 131.7 128.5 -5.1 -1.7 0.0 -0.1 -2.4

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: January 2016 to

January 2017

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

Live animals; animal products................. I 1.806 192.7 195.5 9.0 0.4 0.3 0.1 1.5

Meat & edible meat offal (Dec. 2006=100)... 02 1.024 148.4 149.8 10.5 0.3 0.5 0.5 0.9

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.375 100.0 103.9 – – – – 3.9

Vegetable products............................... II 4.277 192.2 192.9 -0.8 1.3 2.1 -1.0 0.4

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.877 145.8 147.3 -14.6 7.0 -0.2 -3.8 1.0

Cereals............................................ 10 1.159 167.8 174.3 -2.6 2.8 1.2 -1.8 3.9

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.730 207.1 202.8 9.3 -2.8 0.4 3.7 -2.1

Prepared foodstuffs, beverages,and

tobacco........................................... IV 3.110 148.2 145.3 -1.0 -0.5 -0.3 0.1 -2.0

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.386 116.8 116.4 -2.4 -0.9 0.2 0.1 -0.3

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.567 113.7 112.2 7.4 0.8 0.5 1.4 -1.3

Residues and waste from the food

industries; prepared animal feed............ 23 0.752 203.0 190.5 -2.4 -1.1 -2.2 0.9 -6.2

Mineral products.................................. V 8.252 195.1 197.9 35.6 4.2 0.0 8.8 1.4

Ores, slag and ash (Dec. 2012=100)......... 26 0.533 89.0 87.7 27.7 0.5 5.1 3.7 -1.5

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 7.530 187.2 190.2 37.4 4.7 -0.4 9.5 1.6

Products of the chemical or allied

industries........................................ VI 11.059 135.8 133.1 -2.6 -0.1 0.1 -0.1 -2.0

Inorganic chemicals............................. 28 0.862 178.6 179.8 -2.4 1.3 0.5 1.6 0.7

Organic chemicals............................... 29 2.604 134.1 128.8 -1.9 0.3 0.8 0.1 -4.0

Pharmaceutical products....................... 30 3.268 107.0 103.0 -3.5 -0.2 -0.5 -1.1 -3.7

Fertilizers (Dec. 2016=100).................... 31 0.230 100.0 99.1 – – – – -0.9

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.526 97.9 97.3 -2.3 -0.2 0.0 0.4 -0.6

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.814 131.0 131.2 -2.3 -2.6 0.0 -0.1 0.2

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.520 116.2 120.0 3.4 0.4 -0.1 0.0 3.3

Miscellaneous chemical products............. 38 1.795 146.5 145.5 -1.4 -0.5 0.1 0.4 -0.7

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.116 136.5 136.6 0.8 0.1 0.2 -0.4 0.1

Plastics and articles thereof.................... 39 4.155 132.0 131.8 0.8 0.5 0.1 -0.5 -0.2

Rubber and articles thereof.................... 40 0.961 155.7 157.1 1.0 -1.1 1.1 -0.4 0.9

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.348 121.2 122.1 1.8 0.3 0.6 0.1 0.7

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.610 93.4 93.6 -2.6 -1.5 -1.3 -0.5 0.2

Woodpulp, recovered paper, and paper

products......................................... X 2.112 123.9 125.2 3.7 -0.2 0.3 0.7 1.0

Woodpulp and recovered paper............... 47 0.675 134.6 139.5 16.7 -0.5 1.2 2.9 3.6

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.083 118.3 118.0 -1.9 -0.3 -0.1 -0.2 -0.3

Printed material (Dec. 2014=100)............. 49 0.353 100.6 100.6 0.2 0.2 0.0 0.0 0.0

Textile and textile articles....................... XI 1.753 119.6 121.0 0.6 -0.3 -0.2 0.2 1.2

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.443 122.1 126.2 10.0 0.2 0.2 -0.3 3.4

See footnotes at end of table.

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

January 2017 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan.

2016 to

Jan.

2017

Sept.

2016 to

Oct.

2016

Oct.

2016 to

Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan.

2017

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.843 122.9 122.5 -0.3 -0.1 0.1 -0.2 -0.3

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.281 101.3 99.5 -1.0 0.0 0.1 0.0 -1.8

Glass and glassware............................ 70 0.433 99.6 100.2 0.8 0.0 0.1 -0.2 0.6

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.089 223.6 223.4 1.7 -2.1 0.2 -5.2 -0.1

Base metals and articles of base metals. . .. XV 4.834 147.2 149.2 5.6 -0.1 1.2 1.9 1.4

Iron and steel.................................... 72 1.014 151.7 161.1 18.2 -1.4 2.1 5.6 6.2

Copper and articles thereof.................... 74 0.487 170.7 166.0 14.9 1.9 2.8 8.9 -2.8

Aluminum and articles thereof................. 76 0.813 106.8 106.9 2.6 -0.1 3.1 0.5 0.1

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.353 100.0 100.0 -0.2 0.0 0.0 0.0 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.349 147.7 147.7 -0.3 0.0 0.0 -0.1 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.767 95.2 95.2 -0.7 -0.2 0.1 -0.1 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 16.821 112.1 111.8 -0.7 -0.1 0.0 -0.1 -0.3

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.946 77.0 77.1 -1.0 -0.3 0.0 0.0 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 15.025 131.7 132.1 0.8 0.2 -0.1 0.0 0.3

Motor vehicles and their parts................. 87 8.728 114.4 115.0 0.2 0.3 0.0 -0.3 0.5

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.078 105.9 105.7 -1.5 0.1 0.0 -0.2 -0.2

Miscellaneous manufactured articles......... XX 1.501 112.4 112.6 1.4 0.1 0.0 -0.1 0.2

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.908 128.3 128.7 3.5 0.1 0.0 -0.2 0.3

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.442 89.3 89.4 -0.8 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

12
Table 7. U.S. import price indexes and percent changes by locality of origin: January 2016 to January 2017

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan. 2016

to Jan.

2017

Sept. 2016

to Oct.

2016

Oct. 2016

to Nov.

2016

Nov. 2016

to Dec.

2016

Dec. 2016

to Jan.

2017

Industrialized Countries2

.................... 100.000 118.2 118.6 4.2 0.6 -0.2 0.6 0.3

Nonmanufacturing........................... 8.399 132.6 139.1 46.3 7.5 -3.6 7.6 4.9

Manufacturing................................ 91.147 116.6 116.5 1.4 0.0 0.2 0.0 -0.1

Other Countries3

.............................. 100.000 119.0 118.8 2.6 0.5 -0.3 0.8 -0.2

Nonmanufacturing........................... 8.699 191.9 195.1 38.2 4.2 -0.3 6.3 1.7

Manufacturing................................ 91.106 102.8 102.5 -0.1 0.2 -0.3 0.3 -0.3

Canada.......................................... 100.000 122.4 124.6 13.2 1.7 -0.6 2.2 1.8

Nonmanufacturing........................... 23.612 127.2 133.7 49.2 8.1 -3.5 8.0 5.1

Manufacturing................................ 75.617 124.9 125.9 5.0 0.2 0.1 0.5 0.8

European Union4

.............................. 100.000 131.6 131.5 -0.2 0.5 0.0 -0.2 -0.1

Manufacturing................................ 99.413 128.2 128.2 -0.2 0.4 0.0 -0.2 0.0

France (Dec. 2003=100)...................... 100.000 121.9 121.7 -0.4 0.0 0.0 -0.1 -0.2

Germany (Dec. 2003=100)................... 100.000 111.6 110.7 -2.2 -0.6 -0.1 -0.4 -0.8

United Kingdom (Dec. 2003=100).......... 100.000 117.5 117.5 -3.5 -0.2 -0.3 -0.1 0.0

Latin America5

................................. 100.000 142.1 142.0 5.0 0.6 -0.9 2.2 -0.1

Nonmanufacturing........................... 18.178 222.5 224.5 38.8 3.8 -0.1 8.5 0.9

Manufacturing................................ 81.506 119.1 118.7 -0.5 0.0 -1.1 1.0 -0.3

Mexico (Dec. 2003=100)...................... 100.000 124.3 122.7 -1.9 0.0 -1.2 -0.1 -1.3

Nonmanufacturing (Dec. 2008=100). . . . .. 8.415 115.1 113.1 20.4 -0.1 3.2 -2.0 -1.7

Manufacturing (Dec. 2008=100)........... 91.270 86.8 85.7 -3.7 0.0 -1.7 0.2 -1.3

Pacific Rim (Dec. 2003=100)6

............... 100.000 98.3 98.2 -0.8 0.0 -0.2 -0.1 -0.1

China (Dec. 2003=100)....................... 100.000 100.2 100.1 -1.7 -0.1 -0.4 0.0 -0.1

Japan............................................ 100.000 96.6 96.3 1.4 0.2 0.3 0.0 -0.3

Asian NICs7

..................................... 100.000 84.4 84.4 -0.2 -0.1 0.0 0.1 0.0

ASEAN (Dec. 2003=100)8

.................... 100.000 97.3 97.5 0.5 0.1 0.0 0.2 0.2

Asia Near East (Dec. 2003=100)9

........... 100.000 152.6 156.3 26.0 3.4 0.7 2.2 2.4

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: January

2016 to January 2017

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20161

Index Percent change

Dec.

2016

Jan.

2017

Annual Monthly

Jan. 2016

to Jan.

2017

Sept.

2016 to

Oct. 2016

Oct. 2016

to Nov.

2016

Nov.

2016 to

Dec.

2016

Dec.

2016 to

Jan. 2017

Air Freight

Import Air Freight.................................... 100.000 165.2 162.2 5.0 9.0 -0.3 -0.5 -1.8

Europe (Dec. 2003=100).......................... 24.407 136.9 135.9 -3.6 0.2 0.2 -1.4 -0.7

Asia.................................................. 62.789 153.8 149.9 9.2 14.3 -0.6 -0.2 -2.5

Export Air Freight................................... 100.000 154.9 155.8 -1.8 1.0 0.0 0.2 0.6

Europe (Dec. 2006=100).......................... 33.391 145.9 147.1 -3.0 0.0 0.0 0.3 0.8

Inbound Air Freight................................. 100.000 155.4 154.3 3.8 6.0 0.5 0.1 -0.7

Europe (Dec. 2003=100).......................... 26.548 131.3 132.3 -2.3 -0.4 -1.0 -1.6 0.8

Asia.................................................. 60.429 145.6 142.0 6.9 10.8 1.4 0.8 -2.5

Outbound Air Freight............................... 100.000 136.5 138.9 -3.9 0.1 -0.5 0.1 1.8

Europe (Dec. 2003=100).......................... 31.010 143.3 146.0 -7.6 0.0 -0.1 0.0 1.9

Asia.................................................. 45.670 128.7 131.6 -1.9 0.4 -0.1 0.1 2.3

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 186.2 183.0 -4.9 6.3 -2.7 1.3 -1.7

Europe............................................... 38.922 196.5 215.5 -5.6 6.9 -1.2 -9.9 9.7

Asia.................................................. 22.838 146.4 133.9 -6.9 4.8 -5.0 17.4 -8.5

Latin America/Caribbean.......................... 10.310 175.3 154.8 8.6 4.2 4.7 8.3 -11.7

Export Air Passenger Fares....................... 100.000 168.5 169.9 0.9 2.5 4.1 7.9 0.8

Europe............................................... 30.588 217.8 204.1 3.1 2.6 2.4 6.9 -6.3

Asia.................................................. 25.624 141.2 155.4 2.2 1.2 6.5 4.8 10.1

Latin America/Caribbean.......................... 23.241 170.8 175.7 -0.5 6.9 -1.0 4.8 2.9

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.