U.S. IMPORT AND EXPORT PRICE INDEXES – JULY 2018 

Prices for U.S. imports recorded no change in July, the U.S. Bureau of Labor Statistics reported today, after 

edging down 0.1 percent in June. Falling nonfuel prices in July offset higher fuel prices. U.S. export prices 

decreased 0.5 percent in July following a 0.2-percent increase in June. The July decline was driven by a 

drop in agricultural export prices. 

Chart 1. One-month percent change in the Import Price Index: July 2017 – July 2018 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: July 2017 – July 2018 

 Percent change 

-0.2

0.6

0.8

0.2

1.0

0.2

0.8

0.2

-0.2

0.5

0.9

-0.1

0.0

-1.0

-0.5

0.0

0.5

1.0

1.5

Jul'17 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul'18

1.2

2.0

2.7

2.4

3.5

3.2 3.4 3.3 3.3 3.5

4.5 4.7 4.8

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Jul'17 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul'18

Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Tuesday, August 14, 2018 

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

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

USDL-18-1314
2 

All Imports: Import prices recorded no change in July, after falling 0.1 percent in June and rising 0.9 

percent in May. U.S. import prices increased 4.8 percent for the year ended in July, the largest 12-month 

advance since the index rose 5.1 percent in February 2012. Import prices have not fallen on an over-the-year 

basis since the index fell 0.2 percent in October 2016. 

Fuel Imports: Prices for import fuel advanced 1.6 percent in July following a 1.3-percent increase in June 

and a 6.5-percent rise in May. In July, increasing prices for petroleum and natural gas contributed to the rise 

in fuel prices. Petroleum prices advanced 0.9 percent in July, after rising 1.4 percent in June and 7.8 percent 

in May. Prices for natural gas increased 36.7 percent in July, the first monthly advance since January and 

the largest since the index rose 43.2 percent in November 2006. The price index for fuels increased 40.7 

percent between July 2017 and July 2018, the largest over-the-year advance since the index rose 50.9 

percent in March 2017. The 12-month rise in import fuel prices was led by a 43.6-percent advance in 

petroleum prices which more than offset a 0.5-percent decline in natural gas prices. 

All Imports Excluding Fuel: Nonfuel import prices fell 0.3 percent for the second consecutive month in 

July. Lower prices in July for nonfuel industrial supplies and materials; foods, feeds, and beverages; and 

capital goods led the decline which more than offset rising prices for consumer goods. Automotive vehicles 

prices recorded no change. Despite the recent declines, nonfuel import prices rose 1.3 percent for the year 

ended in July. The 12-month advance was largely driven by higher nonfuel industrial supplies and materials 

prices although prices for consumer goods, capital goods, and automotive vehicles also increased 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: July 2017 – July 2018 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: July 2017 – July 2018 

 Percent change

All Exports: U.S. export prices declined 0.5 percent in July following a 0.2-percent rise in June and a 0.7-

percent advance in May. The July drop was the first monthly decrease since June 2017 and the largest since 

the index fell 0.6 percent in May 2017. Lower prices for agricultural exports drove the decline in July. 

Overall export prices advanced 4.3 percent between July 2017 and July 2018. 

Agricultural Exports: Prices for agricultural exports fell 5.3 percent in July, after decreasing 1.0 percent in 

June and rising 1.6 percent in May. The fall in July was the largest monthly decline since the index 

decreased 6.5 percent in October 2011. A 14.1-percent drop in soybean prices was the primary contributor 

to the decline in agricultural prices; export prices for corn, wheat, fruits, and nuts also decreased in July. 

Agricultural export prices decreased 2.0 percent over the past year, the first 12-month drop since the index 

fell 1.8 percent in July 2017. 

All Exports Excluding Agriculture: Nonagricultural export prices recorded no change in July following a 

0.4-percent rise in June and a 0.6-percent advance in May. Falling prices for nonagricultural industrial 

supplies and materials and automotive vehicles were offset by rising prices for nonagricultural foods in July. 

Export capital goods and consumer goods recorded no change. Overall nonagricultural prices increased 5.0 

percent over the past 12 months. 

0.5

0.6

0.8

0.1

0.5

0.1

0.7

0.2

0.4

0.5

0.7

0.2

-0.5

-1.0

-0.5

0.0

0.5

1.0

Jul'17 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul'18

0.9

2.3

2.8 2.7

3.1

2.8

3.3 3.1

3.4 3.7

5.0

5.3

4.3

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Jul'17 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul'18
4 

SELECTED JULY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Prices for imports from China decreased 0.2 percent in July, following a 

0.1-percent uptick in June. The July drop was the first monthly decline since the index fell 0.3 percent in 

September 2017. Despite the fall, import prices from China rose 0.2 percent between July 2017 and July 

2018. In contrast, import prices from Japan rose 0.3 percent in July, the largest monthly advance since the 

index increased 0.5 percent in January. Prices for imports from Japan rose 0.7 percent for the year ended in 

July, the largest 12-month increase since the index advanced 1.0 percent in June 2017. Prices for imports 

from Canada ticked up 0.1 percent in July, and the price indexes for imports from Mexico and the European 

Union fell 0.5 percent and 0.1 percent, respectively. 

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

1.0 percent in July, after increasing 0.2 percent in June and 0.8 percent in May. Lower prices for copper, 

gold, and lumber drove the drop in July. 

 

Finished Goods: Import prices for major finished goods were mixed in July. Consumer goods prices 

advanced 0.3 percent, the largest monthly increase since the index rose 0.5 percent in February. A 1.7-

percent advance in medicinal, dental, and pharmaceutical materials drove the increase. The price index for 

capital goods edged down 0.1 percent for the third consecutive month in July. Prices for automotive vehicles 

recorded no change. 

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages declined 1.8 percent in July following 

a 2.6-percent drop in June. The July decrease was primarily driven by lower prices for fruit. 

Transportation Services: Import air passenger fares declined 5.8 percent in July following a 7.3-percent 

rise in June and a 2.5-percent fall in May. An 8.5-percent drop in European fares and a 7.9-percent decrease 

in Asian fares more than offset a 2.3-percent increase in Latin American/Caribbean fares. The import air 

passenger fares price index rose 1.5 percent for the year ended in July. Import air freight prices decreased 

2.3 percent in July and advanced 3.7 percent over the past 12 months. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 

prices fell 0.2 percent in July, after a 1.2-percent rise in June. Lower prices for gold, aluminum, and copper 

drove the July decline. 

Finished Goods: Export prices for finished goods were mixed in July. Automotive vehicles prices edged 

down 0.1 percent for the second consecutive month. The price indexes for capital goods and consumer 

goods recorded no change in July. 

Transportation Services: The price index for export air passenger fares increased 1.6 percent in July, after 

rising 5.0 percent in June and falling 0.7 percent in May. The July advance was driven by higher Asian, 

Latin American/Caribbean, and European fares. Despite the July increase, overall export air passenger fares 

decreased 1.8 percent over the past 12 months. Export air freight prices fell 0.2 percent in July, after 

recording no change in June. Prices for export air freight rose 3.7 percent over the past year.

 

Import and Export Price Index data for August are scheduled for release on Friday, September 14, 2018 at 

8:30 a.m. (EDT). 
5 

New Locality of Destination and Terms of Trade Data 

Beginning with the August news release on September 14, the BLS will introduce two new data series. 

Locality of Destination price indexes will measure export prices based on the country or region where items 

are exported. Terms of Trade indexes are based on the country or region and measure the relative price for 

imports in terms of export prices and are defined as the all-export price index divided by the respective allimport price index. For more information on Terms of Trade indexes, please see “U.S. Import and Export 

Prices and the Terms of Trade” at www.bls.gov/opub/btn/archive/us-import-and-export-price-indexes-andthe-terms-of-trade.pdf. 

The Locality of Destination price indexes will be published at the all-export level and also include a 

breakdown by manufacturing industries and nonmanufacturing industries where possible. The countries and 

regions for which indexes will be published include the Industrialized Countries, the European Union, Latin 

America, the Pacific Rim, Canada, China, Germany, Japan, and Mexico. Indexes by manufacturing 

industries and nonmanufacturing industries will be available for all countries and regions except Canada and 

Germany. 

Terms of Trade indexes will be available for all countries and regions where both the import Locality of 

Origin price index and the export Locality of Destination price index are published. These include the 

Industrialized Countries, the European Union, Latin America, the Pacific Rim, Canada, China, Germany, 

Japan, and Mexico. 

The data series for both the Locality of Destination price indexes and the Terms of Trade indexes will begin 

in December 2017 when the indexes are first published on September 14. 

In addition to the new indexes, the numbering of the tables in the Import and Export Price Index news 

release will be changing. Tables 1 through 7 will remain the same, and the new Locality of Destination data 

will be in table 8 and the new Terms of Trade data will be in table 9. The current table for Selected 

Transportation Services will change from table 8 to table 10. Other formatting changes to the text of the 

news release will be made. For examples of the new tables for the Locality of Destination export price 

indexes and the Terms of Trade indexes, please use the links below: 

Table 8. U.S. export price indexes and percent changes by locality of destination 

www.bls.gov/mxp/locality-of-destination-example.pdf. 

Table 9. U.S. terms of trade indexes and percent changes by locality 

www.bls.gov/mxp/terms-of-trade-example.pdf. 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: July 2017 to July

2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

All commodities................................... 100.000 128.1 128.1 4.8 0.5 0.9 -0.1 0.0

All imports excluding food and fuels (Dec.

2010=100)........................................ 82.453 100.6 100.5 1.6 0.1 0.2 -0.2 -0.1

All imports excluding petroleum.............. 88.970 113.5 113.4 1.3 0.1 0.1 -0.4 -0.1

All imports excluding fuels (Dec.

2001=100)........................................ 88.363 117.8 117.5 1.3 0.1 0.2 -0.3 -0.3

Foods, feeds, & beverages................... 0 5.910 178.2 175.0 -3.8 -0.3 0.4 -2.6 -1.8

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.631 195.0 190.3 -4.8 -0.4 0.7 -2.8 -2.4

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.279 140.4 141.2 -0.1 0.1 -0.3 -1.8 0.6

Industrial supplies & materials.............. 1 26.151 199.9 200.2 20.9 2.1 3.2 0.7 0.2

Industrial supplies & materials excluding

petroleum.................................... 15.177 159.6 159.1 8.2 0.6 0.1 0.2 -0.3

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.503 182.9 181.0 8.3 0.6 0.8 0.2 -1.0

Industrial supplies & materials, durable. . .. 9.301 175.3 172.5 9.0 0.3 1.5 0.3 -1.6

Industrial supplies & materials nondurable

excluding petroleum....................... 5.820 139.8 142.4 7.0 0.9 -2.0 -0.1 1.9

Fuels & lubricants............................. 10 11.637 228.2 231.9 40.7 4.0 6.5 1.3 1.6

Petroleum & petroleum products......... 100 11.030 252.7 255.0 43.6 4.3 7.8 1.4 0.9

Crude........................................ 10000 7.943 266.3 269.4 48.1 5.7 8.8 0.5 1.2

Fuels, n.e.s.-coals & gas.................. 101 0.425 84.6 102.3 6.8 -1.0 -16.9 -0.8 20.9

Gas-natural.................................. 10110 0.248 57.7 78.9 -0.5 -1.9 -24.7 -8.3 36.7

Paper & paper base stocks.................. 11 0.575 118.6 120.3 11.4 2.8 0.3 1.5 1.4

Materials associated with nondurable

supplies & materials....................... 12 4.700 162.5 162.5 6.6 0.9 -0.5 -0.3 0.0

Selected building materials.................. 13 1.717 162.5 159.0 7.9 1.0 1.9 0.2 -2.2

Unfinished metals related to durable

goods........................................ 14 4.037 245.5 238.4 12.9 0.5 1.6 0.7 -2.9

Finished metals related to durable

goods........................................ 15 1.817 163.5 162.8 7.7 -0.4 1.8 -0.7 -0.4

Nonmetals related to durable goods. . . . . .. 16 1.668 113.2 113.7 3.5 0.4 0.2 0.9 0.4

Capital goods................................... 2 26.440 89.5 89.4 0.3 0.0 -0.1 -0.1 -0.1

Electric generating equipment............... 20 3.212 117.9 117.9 1.1 0.1 0.3 -0.3 0.0

Nonelectrical machinery...................... 21 21.012 81.9 81.9 0.2 0.0 -0.1 -0.2 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.216 134.9 134.7 0.3 0.0 -0.4 -0.1 -0.1

Automotive vehicles, parts & engines..... 3 15.653 110.4 110.4 0.3 0.0 -0.1 -0.1 0.0

Consumer goods, excluding

automotives.................................. 4 25.846 107.2 107.5 0.6 0.1 0.1 -0.3 0.3

Nondurables, manufactured................. 40 12.694 122.6 123.6 1.7 0.1 0.4 -0.1 0.8

Durables, manufactured...................... 41 11.872 92.8 92.7 -0.4 0.0 -0.2 -0.3 -0.1

Nonmanufactured consumer goods. . . . . . .. 42 1.280 114.9 113.8 -1.0 0.7 0.7 -2.1 -1.0

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

6
Table 2. U.S. export price indexes and percent changes for selected categories of goods: July 2017 to July

2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

All commodities................................... 100.000 128.1 127.4 4.3 0.5 0.7 0.2 -0.5

Agricultural commodities....................... 10.015 184.2 174.5 -2.0 -1.1 1.6 -1.0 -5.3

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.447 101.9 101.7 2.8 0.4 0.2 0.1 -0.2

Nonagricultural commodities.................. 89.985 123.8 123.8 5.0 0.7 0.6 0.4 0.0

Foods, feeds, & beverages................... 0 9.329 185.1 176.4 -2.2 -1.2 1.1 -1.0 -4.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.715 184.0 174.2 -3.0 -1.4 1.5 -0.9 -5.3

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.614 209.4 217.3 8.8 1.8 -4.4 -2.7 3.8

Industrial supplies & materials.............. 1 32.093 164.5 163.9 12.0 1.2 1.8 1.0 -0.4

Industrial supplies & materials, durable. . .. 10.506 169.0 167.0 6.7 0.5 0.0 0.4 -1.2

Industrial supplies & materials,

nondurable.................................. 21.587 162.7 162.7 14.7 1.6 2.7 1.4 0.0

Agricultural industrial supplies &

materials..................................... 10 1.300 192.3 182.2 4.1 0.7 2.7 -2.1 -5.3

Nonagricultural industrial supplies &

materials...................................... 30.792 163.7 163.4 12.4 1.2 1.8 1.2 -0.2

Fuels & lubricants............................. 11 10.224 205.6 206.1 26.2 2.7 5.0 3.0 0.2

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.551 161.8 161.2 7.0 0.6 0.2 0.3 -0.4

Selected building materials.................. 13 1.017 124.8 125.0 4.3 0.5 0.5 0.2 0.2

Capital goods................................... 2 36.209 109.8 109.8 1.8 0.6 0.1 0.1 0.0

Electrical generating equipment............. 20 3.875 117.5 116.9 3.5 0.9 0.4 0.4 -0.5

Nonelectrical machinery...................... 21 23.271 94.7 94.8 1.0 0.5 -0.1 0.0 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.064 176.4 176.6 3.4 0.6 0.2 0.1 0.1

Automotive vehicles, parts & engines..... 3 9.999 114.2 114.1 0.8 0.2 0.1 -0.1 -0.1

Consumer goods, excluding

automotives.................................. 4 12.371 109.8 109.8 0.8 0.1 0.0 -0.1 0.0

Nondurables, manufactured................. 40 6.011 106.3 106.4 1.3 0.4 -0.2 -0.5 0.1

Durables, manufactured...................... 41 4.936 107.7 107.7 0.2 -0.2 0.0 0.3 0.0

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

7
Table 3. U.S. import price indexes and percent changes for selected industries: July 2017 to July 2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

Nonmanufacturing................................ 10.307 119.0 120.2 29.7 3.6 5.7 -1.2 1.0

Agriculture, forestry, fishing and

hunting........................................ 11 1.874 172.5 163.8 -11.9 -1.2 0.5 -7.3 -5.0

Crop production............................... 111 1.504 183.5 171.9 -14.1 -1.2 1.7 -8.0 -6.3

Animal production (Dec. 2014=100)........ 112 0.189 76.7 76.0 -6.1 -1.4 0.8 -4.2 -0.9

Mining............................................ 21 8.432 114.3 116.9 43.4 4.9 7.0 0.3 2.3

Oil and gas extraction........................ 211 8.191 114.5 117.1 45.1 5.1 7.3 0.1 2.3

Manufacturing..................................... 89.404 112.6 112.5 2.5 0.3 0.3 0.0 -0.1

Manufacturing, part 1......................... 31 11.246 125.2 125.0 0.5 0.2 0.2 -0.3 -0.2

Food manufacturing.......................... 311 3.379 156.7 155.7 -0.6 0.3 0.3 -1.3 -0.6

Beverage and tobacco product

manufacturing............................... 312 1.093 121.7 121.9 2.4 0.5 0.2 0.2 0.2

Textile mills (Dec. 2011=100)............... 313 0.379 99.8 100.1 1.8 0.1 -0.4 -0.3 0.3

Textile product mills.......................... 314 0.911 109.4 109.4 0.4 -0.1 0.0 -0.3 0.0

Apparel manufacturing....................... 315 3.826 111.7 111.6 0.5 0.0 0.1 0.3 -0.1

Leather and allied product

manufacturing............................... 316 1.659 123.4 123.5 0.6 0.0 0.4 0.1 0.1

Manufacturing, part 2......................... 32 18.421 128.7 129.2 8.1 0.8 1.1 0.5 0.4

Wood product manufacturing................ 321 1.091 147.9 142.9 11.1 1.2 3.1 0.2 -3.4

Paper manufacturing......................... 322 1.042 111.9 113.5 7.6 1.7 0.3 2.0 1.4

Printing and related support activities

(Dec. 2016=100)........................... 323 0.214 103.7 104.1 4.1 0.6 -0.1 2.9 0.4

Petroleum and coal products

manufacturing............................... 324 2.827 104.0 104.2 33.6 1.4 4.8 4.2 0.2

Chemical manufacturing..................... 325 10.082 140.2 141.4 4.7 0.6 0.4 -0.4 0.9

Plastics and rubber products

manufacturing............................... 326 2.180 119.6 119.7 1.2 0.4 0.1 -0.1 0.1

Nonmetallic mineral product

manufacturing............................... 327 0.984 131.0 131.4 2.7 0.2 0.1 0.5 0.3

Manufacturing, part 3......................... 33 59.736 105.1 104.8 1.2 0.0 0.1 -0.1 -0.3

Primary metal manufacturing................ 331 4.590 162.3 158.4 12.3 0.5 2.1 0.2 -2.4

Fabricated metal product manufacturing... 332 3.091 128.2 128.0 3.9 -0.2 0.4 -0.2 -0.2

Machinery manufacturing.................... 333 6.721 118.7 118.7 1.8 0.1 0.0 -0.2 0.0

Computer and electronic product

manufacturing............................... 334 16.801 75.1 75.0 -1.3 0.0 -0.4 -0.3 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.861 115.9 116.0 1.0 0.2 0.3 -0.2 0.1

Transportation equipment manufacturing... 336 16.621 109.5 109.5 0.3 0.0 -0.2 0.0 0.0

Furniture and related product

manufacturing............................... 337 1.763 117.2 117.2 1.6 -0.1 0.3 0.3 0.0

Miscellaneous manufacturing............... 339 5.288 118.8 118.7 1.0 0.1 0.0 -0.1 -0.1

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

8
Table 4. U.S. export price indexes and percent changes for selected industries: July 2017 to July 2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

Nonmanufacturing................................ 8.679 144.6 136.7 1.6 -1.5 2.0 1.3 -5.5

Agriculture, forestry, fishing and

hunting........................................ 11 5.260 161.6 147.6 -3.7 -1.9 1.8 -1.8 -8.7

Crop production............................... 111 4.866 168.3 153.2 -3.8 -2.3 2.5 -1.7 -9.0

Mining............................................ 21 3.419 94.9 94.3 9.9 -0.8 2.4 6.5 -0.6

Mining (except oil and gas).................. 212 1.147 114.5 116.8 14.1 0.6 1.7 -0.2 2.0

Manufacturing..................................... 89.704 117.4 117.3 4.5 0.7 0.6 0.2 -0.1

Manufacturing, part 1......................... 31 6.921 141.3 140.1 0.8 0.1 0.4 -0.2 -0.8

Food manufacturing.......................... 311 4.709 158.9 157.6 -0.2 -0.1 0.2 -0.2 -0.8

Beverage and tobacco product

manufacturing............................... 312 0.713 125.5 120.8 6.0 1.5 3.4 -1.2 -3.7

Textile mills (Dec. 2016=100)............... 313 0.637 104.9 105.4 4.5 0.9 0.0 1.1 0.5

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.259 94.6 93.8 -4.7 -0.5 -1.0 -1.0 -0.8

Manufacturing, part 2......................... 32 25.572 119.1 119.6 12.3 1.4 1.8 0.3 0.4

Wood product manufacturing (Dec.

2017=100)................................... 321 0.537 103.9 103.8 – 0.4 0.2 -0.5 -0.1

Paper manufacturing......................... 322 1.690 131.0 132.3 9.7 1.7 1.6 0.2 1.0

Petroleum and coal products

manufacturing............................... 324 6.861 122.4 123.6 37.6 4.5 6.2 0.9 1.0

Chemical manufacturing..................... 325 13.194 119.5 119.6 5.4 0.2 0.3 -0.1 0.1

Plastics and rubber products

manufacturing............................... 326 2.225 116.2 116.2 2.1 0.1 0.1 1.0 0.0

Nonmetallic mineral product

manufacturing............................... 327 0.823 116.9 116.9 3.0 0.3 0.1 -0.1 0.0

Manufacturing, part 3......................... 33 57.211 114.2 114.1 2.0 0.5 0.1 0.1 -0.1

Primary metal manufacturing................ 331 3.959 147.9 144.8 7.3 1.2 -0.1 0.4 -2.1

Fabricated metal product manufacturing... 332 3.011 140.5 141.2 2.2 1.2 0.1 0.1 0.5

Machinery manufacturing.................... 333 8.860 127.1 127.0 1.0 1.0 -0.1 0.0 -0.1

Computer and electronic product

manufacturing............................... 334 13.858 83.3 83.3 0.6 0.2 0.1 -0.1 0.0

Electrical equipment, appliance, and

component manufacturing................. 335 3.834 118.2 117.8 3.8 0.7 0.6 0.7 -0.3

Transportation equipment manufacturing... 336 17.976 127.0 127.0 2.0 0.3 0.2 0.1 0.0

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.395 119.0 121.1 3.2 -0.1 0.0 0.3 1.8

Miscellaneous manufacturing............... 339 5.318 120.5 120.5 1.3 -0.1 0.0 0.4 0.0

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: July 2017 to July

2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

Live animals; animal products................. I 1.350 192.5 193.2 -1.7 -0.9 0.2 -2.6 0.4

Meat and edible meat offal..................... 02 0.371 248.2 249.4 -1.1 -1.3 0.9 -1.5 0.5

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.689 138.6 139.3 -1.7 -0.2 -0.1 -3.8 0.5

Vegetable products............................... II 1.836 201.7 190.1 -13.6 -1.8 1.0 -7.5 -5.8

Edible vegetables, roots, and tubers.......... 07 0.332 357.4 362.7 -21.7 -10.1 -2.2 -15.9 1.5

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.779 124.8 110.5 -15.7 0.9 2.2 -5.2 -11.5

Coffee, tea, mate and spices.................. 09 0.318 212.7 210.0 -9.7 -0.6 0.8 -2.2 -1.3

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.261 100.2 98.9 -14.2 -2.1 -3.0 -4.5 -1.3

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.797 167.2 166.3 2.9 1.5 0.6 -0.4 -0.5

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.194 88.0 88.3 1.8 -1.0 -0.9 -0.1 0.3

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.209 101.5 100.1 5.6 1.7 2.3 -2.1 -1.4

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.366 171.3 171.8 2.3 -0.4 0.9 0.7 0.3

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.204 102.1 103.1 – 0.1 0.0 0.1 1.0

Beverages, spirits, and vinegar................ 22 1.034 131.9 132.1 2.7 0.5 0.2 0.2 0.2

Mineral products.................................. V 11.449 228.2 232.3 40.8 4.0 6.5 1.4 1.8

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 11.198 226.2 230.1 41.9 4.2 6.6 1.4 1.7

Products of the chemical or allied

industries........................................ VI 9.411 157.5 159.3 5.1 0.4 0.3 -0.4 1.1

Inorganic chemicals............................. 28 0.589 301.2 314.7 13.6 1.6 -4.3 -0.2 4.5

Organic chemicals............................... 29 2.407 132.8 132.3 7.5 1.5 0.6 -0.3 -0.4

Pharmaceutical products....................... 30 4.420 151.6 154.1 3.7 0.1 0.9 -0.6 1.6

Fertilizers (Dec. 2009=100).................... 31 0.261 82.0 81.2 12.2 -0.1 2.1 0.4 -1.0

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.183 108.0 109.1 0.1 -0.2 -0.2 0.7 1.0

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.573 102.9 102.2 1.5 -0.1 -0.2 -0.6 -0.7

Miscellaneous chemical products............. 38 0.632 107.1 107.7 2.7 -0.5 -0.1 0.0 0.6

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.389 141.4 141.3 1.5 0.1 -0.1 0.4 -0.1

Plastics and articles thereof.................... 39 2.228 144.2 144.5 2.0 -0.2 -0.1 0.7 0.2

Rubber and articles thereof.................... 40 1.161 137.8 137.1 0.4 0.5 -0.3 -0.3 -0.5

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.633 125.8 125.7 1.6 0.0 1.1 -0.1 -0.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.599 131.5 131.5 1.9 0.1 1.2 0.0 0.0

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.125 180.0 173.9 11.0 1.2 3.0 0.2 -3.4

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 1.102 124.5 120.2 11.3 1.3 3.1 0.2 -3.5

Woodpulp, recovered paper, and paper

products......................................... X 1.098 117.9 119.8 8.1 1.8 0.3 1.6 1.6

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.717 108.3 110.5 7.4 1.3 0.4 1.1 2.0

See footnotes at end of table.

10
Table 5. U.S. import price indexes and percent changes for selected categories of goods: July 2017 to July

2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

Printed matter (Dec. 2015=100)............... 49 0.212 110.4 111.0 4.6 0.8 -0.1 3.5 0.5

Textile and textile articles....................... XI 4.967 114.4 114.3 1.0 0.1 -0.1 0.1 -0.1

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 1.990 104.3 104.2 0.5 0.0 0.0 0.3 -0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.683 119.8 119.9 0.8 0.0 0.2 0.3 0.1

Made-up or worn textile articles............... 63 0.631 103.9 103.9 0.2 0.0 0.0 -0.3 0.0

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.369 122.3 122.5 0.5 0.0 0.0 0.2 0.2

Footwear and parts of such articles........... 64 1.146 121.1 121.2 0.2 0.0 0.0 0.2 0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.920 132.2 132.2 1.8 0.2 0.1 0.0 0.0

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.333 100.4 100.6 4.1 0.1 0.2 0.7 0.2

Ceramic products................................ 69 0.254 135.1 135.1 0.1 0.4 0.1 -0.1 0.0

Glass and glassware............................ 70 0.333 131.5 131.3 0.9 0.0 -0.1 -0.6 -0.2

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.052 174.2 171.3 2.4 -0.1 -0.4 0.2 -1.7

Base metals and articles of base metals. . .. XV 5.713 185.3 183.1 9.4 0.4 1.9 0.2 -1.2

Iron and steel.................................... 72 1.361 231.7 232.5 19.2 3.7 1.6 0.1 0.3

Articles of iron or steel.......................... 73 1.601 153.0 152.7 5.1 -0.2 0.2 0.0 -0.2

Copper and articles thereof.................... 74 0.435 316.2 295.5 8.8 -1.6 8.0 -0.9 -6.5

Aluminum and articles thereof................. 76 0.972 144.0 141.4 9.7 -1.7 5.1 0.0 -1.8

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.415 122.9 123.0 0.4 0.0 0.2 -0.2 0.1

Miscellaneous articles of base metal. . . . . . . .. 83 0.511 136.9 137.3 0.7 0.1 0.1 -0.5 0.3

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.594 80.5 80.4 -0.2 0.0 -0.1 -0.2 -0.1

Machinery and mechanical appliances;

parts thereof................................... 84 14.013 86.9 86.8 0.9 0.0 -0.1 -0.1 -0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.582 74.6 74.4 -1.5 0.0 -0.1 -0.3 -0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.860 114.3 114.3 0.5 0.0 -0.2 0.0 0.0

Motor vehicles and their parts................. 87 12.670 113.3 113.3 0.5 0.0 -0.1 0.0 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.099 115.6 115.4 -0.3 0.1 -0.8 0.1 -0.2

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.818 102.6 102.5 0.9 -0.2 -0.3 -0.4 -0.1

Optical, photographic, measuring and

medical instruments.......................... 90 3.533 99.2 99.1 0.9 -0.2 -0.3 -0.3 -0.1

Clocks and watches and parts thereof. . . . . .. 91 0.225 141.7 142.5 -1.0 -0.7 -1.1 -1.5 0.6

Miscellaneous manufactured articles......... XX 4.270 112.3 112.3 1.2 0.1 0.2 0.2 0.0

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.690 118.1 118.2 1.4 0.0 0.1 0.2 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.298 102.6 102.6 1.2 0.2 0.5 0.0 0.0

Miscellaneous manufactured articles. . . . . . . .. 96 0.281 129.2 129.6 -0.1 0.0 0.0 0.5 0.3

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: July 2017 to July

2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

Live animals; animal products................. I 1.915 208.3 210.9 -0.5 0.2 -1.0 -0.5 1.2

Meat & edible meat offal (Dec. 2006=100)... 02 1.153 164.6 165.6 -3.0 -0.9 -0.8 -0.9 0.6

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.403 115.0 121.2 11.2 2.3 -5.1 -3.0 5.4

Dairy products, eggs and honey (Dec.

2017=100)..................................... 04 0.282 103.9 102.2 – 1.0 4.6 4.5 -1.6

Vegetable products............................... II 4.870 203.5 185.5 -3.9 -2.1 2.2 -1.4 -8.8

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.878 142.6 135.1 -1.6 -1.1 -5.4 2.1 -5.3

Cereals............................................ 10 1.486 203.0 187.4 -1.8 -1.8 5.5 -2.6 -7.7

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.983 212.3 187.4 -5.4 -1.7 1.6 -2.2 -11.7

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.088 153.6 150.8 1.5 -0.3 1.2 -0.7 -1.8

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.342 117.3 116.2 -0.8 0.1 -0.3 -0.5 -0.9

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.563 97.4 96.0 – -3.8 -0.1 0.2 -1.4

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.534 110.6 109.7 -1.5 0.6 1.3 -0.3 -0.8

Residues and waste from the food

industries; prepared animal feed............ 23 0.765 229.3 217.8 12.9 1.6 4.3 -2.3 -5.0

Mineral products.................................. V 10.617 247.2 247.9 27.1 2.6 4.9 2.9 0.3

Ores, slag and ash (Dec. 2012=100)......... 26 0.549 109.6 107.3 16.1 -1.8 -0.6 -0.4 -2.1

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 9.895 238.3 239.2 28.3 2.9 5.3 3.1 0.4

Products of the chemical or allied

industries........................................ VI 10.691 139.1 138.9 3.6 0.1 0.2 -0.1 -0.1

Inorganic chemicals............................. 28 0.735 166.9 157.8 -2.0 0.1 -0.5 0.0 -5.5

Organic chemicals............................... 29 2.544 145.8 146.1 11.0 -1.2 1.0 0.8 0.2

Pharmaceutical products....................... 30 3.164 106.5 106.5 1.5 0.3 -0.1 -1.0 0.0

Fertilizers (Dec. 2016=100).................... 31 0.255 120.4 121.3 13.3 3.2 0.6 -1.8 0.7

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.527 102.4 102.6 2.6 0.6 1.1 -0.3 0.2

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.804 131.0 130.8 -1.3 0.5 -0.7 0.4 -0.2

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.487 119.5 119.2 -8.1 0.3 -0.2 0.1 -0.3

Miscellaneous chemical products............. 38 1.795 152.7 154.2 7.1 0.9 0.2 0.0 1.0

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.155 144.9 145.4 6.4 0.5 0.1 0.4 0.3

Plastics and articles thereof.................... 39 4.272 141.2 141.9 7.1 0.5 -0.1 0.4 0.5

Rubber and articles thereof.................... 40 0.884 159.6 159.0 3.3 0.3 0.8 0.4 -0.4

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.680 106.5 106.5 8.2 0.4 0.6 -0.3 0.0

Woodpulp, recovered paper, and paper

products......................................... X 2.079 133.8 135.4 3.8 2.9 1.8 0.8 1.2

Woodpulp and recovered paper............... 47 0.652 143.2 146.8 -1.4 4.8 3.5 2.2 2.5

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.092 129.0 130.1 6.4 2.0 1.5 -0.2 0.9

Printed material (Dec. 2014=100)............. 49 0.335 108.4 108.1 6.5 2.9 0.0 0.8 -0.3

Textile and textile articles....................... XI 1.685 126.0 124.6 4.0 0.1 1.1 -0.6 -1.1

See footnotes at end of table.

12
Table 6. U.S. export price indexes and percent changes for selected categories of goods: July 2017 to July

2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July

2017 to

July

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

June

2018 to

July

2018

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.473 141.6 137.0 8.6 0.3 2.8 -2.6 -3.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.797 124.2 124.2 1.0 0.1 0.1 0.0 0.0

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.267 102.1 102.1 1.0 0.2 0.1 -0.1 0.0

Glass and glassware............................ 70 0.406 99.3 99.3 0.8 0.1 0.0 0.0 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.043 238.8 235.2 2.3 0.2 -0.9 0.2 -1.5

Base metals and articles of base metals. . .. XV 5.003 165.2 163.9 8.1 1.2 0.2 0.5 -0.8

Iron and steel.................................... 72 1.124 182.6 182.2 17.2 4.2 -0.1 0.3 -0.2

Copper and articles thereof.................... 74 0.577 205.7 195.5 13.6 -0.7 -1.8 4.3 -5.0

Aluminum and articles thereof................. 76 0.985 123.8 120.4 9.2 -1.6 2.8 -0.1 -2.7

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.312 99.9 100.0 0.5 0.3 0.0 0.0 0.1

Miscellaneous articles of base metal. . . . . . . .. 83 0.340 152.9 153.0 3.4 0.5 0.3 0.3 0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.292 97.6 97.6 1.3 0.5 0.2 0.1 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 15.666 115.0 115.0 1.0 0.8 0.0 0.0 0.0

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.626 78.7 78.7 1.8 0.4 0.4 0.1 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.147 135.2 135.3 1.9 0.1 0.2 0.0 0.1

Motor vehicles and their parts................. 87 8.213 116.3 116.3 1.0 0.2 0.1 -0.1 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.900 109.4 109.3 2.7 -0.1 0.1 0.0 -0.1

Miscellaneous manufactured articles......... XX 1.378 112.1 113.0 0.6 0.0 -0.2 0.0 0.8

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.805 128.6 130.2 1.5 -0.1 -0.3 0.1 1.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.413 87.4 87.6 -1.2 -0.3 -0.1 -0.1 0.2

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

13
Table 7. U.S. import price indexes and percent changes by locality of origin: July 2017 to July 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July 2017

to July

2018

Mar. 2018

to Apr.

2018

Apr. 2018

to May

2018

May 2018

to June

2018

June 2018

to July

2018

Industrialized Countries2

.................... 100.000 126.0 126.1 6.1 0.8 1.2 -0.2 0.1

Nonmanufacturing........................... 9.325 165.4 170.3 29.5 5.1 9.0 -1.3 3.0

Manufacturing................................ 90.117 122.2 122.0 3.9 0.4 0.5 -0.1 -0.2

Canada.......................................... 100.000 137.5 137.7 11.7 1.6 3.2 0.1 0.1

Nonmanufacturing........................... 24.569 157.7 163.2 30.0 5.4 9.5 -1.6 3.5

Manufacturing................................ 74.496 135.6 134.3 6.1 0.5 1.4 0.6 -1.0

European Union............................... 100.000 137.3 137.2 3.5 0.6 0.4 -0.4 -0.1

Manufacturing................................ 98.912 133.7 133.7 3.4 0.5 0.3 -0.3 0.0

France (Dec. 2003=100)...................... 100.000 128.7 128.6 4.6 0.2 0.3 -0.3 -0.1

Germany (Dec. 2003=100)................... 100.000 112.1 111.8 -2.3 0.4 0.0 -0.3 -0.3

United Kingdom (Dec. 2003=100).......... 100.000 122.6 122.3 4.0 0.3 0.6 0.3 -0.2

Latin America3

................................. 100.000 151.7 151.7 6.1 0.6 1.1 -0.5 0.0

Nonmanufacturing........................... 19.402 274.3 275.1 24.6 3.0 5.1 -1.4 0.3

Manufacturing................................ 80.328 122.8 122.8 2.2 0.1 0.1 -0.2 0.0

Mexico (Dec. 2003=100)...................... 100.000 129.0 128.3 1.3 -0.1 0.4 -0.2 -0.5

Nonmanufacturing (Dec. 2008=100). . . . .. 8.946 137.0 137.2 10.7 0.1 5.0 -2.0 0.1

Manufacturing (Dec. 2008=100)........... 90.801 88.8 88.2 0.2 -0.1 0.0 0.0 -0.7

Pacific Rim (Dec. 2003=100)4

............... 100.000 99.3 99.3 0.8 0.3 0.2 -0.1 0.0

China (Dec. 2003=100)....................... 100.000 100.5 100.3 0.2 0.0 0.0 0.1 -0.2

Japan............................................ 100.000 96.5 96.8 0.7 0.2 0.0 -0.1 0.3

Asian NICs5

..................................... 100.000 89.6 89.3 3.2 0.5 0.6 -0.1 -0.3

ASEAN (Dec. 2003=100)6

.................... 100.000 98.8 98.7 0.9 0.4 0.4 -0.3 -0.1

Asia Near East (Dec. 2003=100)7

........... 100.000 191.8 193.3 30.7 1.3 3.1 2.5 0.8

1 Relative importance figures are based on 2016 trade values.

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

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

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

Countries.

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

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

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

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

Regions are not mutually exclusive.

Dash = Not available

14
Table 8. U.S. international price indexes and percent changes for selected transportation services: July 2017 to

July 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

June

20181

Index Percent change

June

2018

July

2018

Annual Monthly

July 2017

to July

2018

Mar. 2018

to Apr.

2018

Apr. 2018

to May

2018

May 2018

to June

2018

June

2018 to

July 2018

Air Freight

Import Air Freight.................................... 100.000 192.9 188.5 3.7 6.9 1.7 -1.0 -2.3

Europe (Dec. 2003=100).......................... 23.502 149.4 149.0 4.0 1.3 1.3 -3.2 -0.3

Asia.................................................. 64.561 188.4 182.1 3.5 10.2 2.2 -0.3 -3.3

Export Air Freight................................... 100.000 164.1 163.8 3.7 0.3 0.7 0.0 -0.2

Europe (Dec. 2006=100).......................... 32.965 149.0 148.3 1.0 0.9 0.0 0.8 -0.5

Inbound Air Freight................................. 100.000 175.3 171.9 4.2 4.7 1.5 -0.2 -1.9

Europe (Dec. 2003=100).......................... 25.311 136.9 137.1 2.6 -0.2 1.2 -2.2 0.1

Asia.................................................. 59.625 167.4 162.6 2.6 7.7 2.0 0.5 -2.9

Outbound Air Freight............................... 100.000 139.6 144.3 0.8 -0.1 -1.4 -0.4 3.4

Europe (Dec. 2003=100).......................... 34.188 148.9 147.9 1.3 0.2 0.4 0.2 -0.7

Asia.................................................. 41.884 131.2 142.2 0.6 -0.4 -3.7 -0.6 8.4

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 190.4 179.3 1.5 2.8 -2.5 7.3 -5.8

Europe............................................... 42.665 218.9 200.3 8.0 4.9 -5.0 7.9 -8.5

Asia.................................................. 25.287 157.0 144.6 2.3 2.9 6.1 12.6 -7.9

Latin America/Caribbean.......................... 8.981 160.7 164.4 -1.0 -0.3 -8.0 4.6 2.3

Export Air Passenger Fares....................... 100.000 158.9 161.5 -1.8 -3.7 -0.7 5.0 1.6

Europe............................................... 30.966 212.5 213.1 0.8 -5.2 -0.1 6.4 0.3

Asia.................................................. 26.286 136.3 142.3 10.7 -5.5 2.2 7.0 4.4

Latin America/Caribbean.......................... 23.563 163.1 164.6 -3.9 -1.1 -5.3 4.0 0.9

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

15
16 

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) 

includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS 

classification structure also matches the classification system used by the Producer Price Index (PPI) to 

produce the NAICS primary products indexes.

Import Price 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 - Indexes for import and export air passenger fares calculate changes in the 

average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 

foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 

sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 

the import and export air passenger fares indexes. Import air passenger fares data have used the airline 

consulting service source since September 2008. Before April 2018, the export air passenger fares data 

were collected directly by BLS from U.S. airlines. The air freight indexes are calculated from data 

collected directly from airlines. These data exclude mail and passenger baggage. The scope of the 

service being priced is the movement of freight from airport to airport only, and does not include any 

ground transportation or port service. The air freight indexes are presented using two definitions: 

balance of payments (which represents transactions between U.S. and foreign residents) and 

international (which represents transactions inbound to and outbound from the United States.) Fact 

sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 

under "MXP Publications." 
17 

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. 

Relative Importance - A relative importance is a specific index’s price-updated value share (expressed 

as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 

affected by the trade weights at the point indexes are reweighted and index changes relative to other 

indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 

relative importance will increase as well. 

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

may be revised in each of the 3 months after original publication. After 3 months, no further data 

revisions take place. For example, data first published in the January release will be subject to revision 

in the releases for February, March, and April. 

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 

percent changes are then derived from the rounded index values and subsequently rounded to the tenth 

decimal place. 

Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade 

sector of the National Income and Product Accounts (NIPA) constructed by the Department of 

Commerce. Other published indexes are useful for general market analysis. For trade in international 

services, balance of payments indexes are used for deflating NIPA, while international indexes are more 

appropriate for market analysis. 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.