U.S. IMPORT AND EXPORT PRICE INDEXES – NOVEMBER 2022 

U.S. import prices decreased 0.6 percent in November following a 0.4-percent drop the previous month, the 

U.S. Bureau of Labor Statistics reported today. Lower nonfuel and fuel prices contributed to the November 

decline in U.S. import prices. Prices for U.S. exports fell 0.3 percent in November, after decreasing 0.4 

percent the previous month. 

Chart 1. One-month and 12-month percent changes in the Import Price Index: November 2021 – November 2022

Imports 

The price index for U.S. imports fell 0.6 percent in November and has not recorded a monthly advance since 

a 0.2-percent increase in June 2022. U.S. import prices declined 4.6 percent from June to November, after 

rising 8.1 percent in the first half of 2022. Despite the recent decreases, prices for U.S. imports rose 2.7 

percent over the past year, the smallest 12-month advance since January 2021. (See table 1.)

Fuel Imports: Prices for import fuel fell 2.8 percent in November following a decline of 2.7 percent in 

October. Import fuel prices have not recorded a monthly increase since a 5.6-percent advance in June 2022. 

Lower petroleum prices in November more than offset higher natural gas prices. Prices for import petroleum 

declined 3.3 percent in November, after decreasing 2.2 percent in October. Petroleum prices also have not 

advanced on a monthly basis since June 2022. In contrast, natural gas prices rose 5.5 percent in November 

following an 11.8-percent drop in October. Import fuel prices advanced 10.1 percent from November 2021 

to November 2022, led by an 11.2-percent increase in petroleum prices. Despite the November advance, 

natural gas prices decreased 4.2 percent over the past year, the first 12-month decline since December 2020. 

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Nov'21 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov'22

1-month percent change 12-month percent change

Transmission of material in this release is embargoed until

8:30 a.m. (ET) Wednesday, December 14, 2022 

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

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

USDL-22-2306
2

All Imports Excluding Fuel: Nonfuel import prices decreased 0.4 percent in November, the largest 1-

month decline since a 0.5-percent drop in July 2022. Prices for nonfuel imports have not recorded a monthly 

advance since April 2022. Lower prices for nonfuel industrial supplies and materials and consumer goods in 

November more than offset higher prices for foods, feeds, and beverages and capital goods. Nonfuel import 

prices rose 1.9 percent over the past 12 months, the smallest over-the-year advance since a 1.9-percent 

increase in December 2020. 

Foods, Feeds, and Beverages: Import prices for foods, feeds, and beverages increased 1.8 percent in 

November, the largest 1-month rise since January 2022. The November advance was driven by a 13.1-

percent rise in fruit prices and a 10.0-percent increase in vegetable prices. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices declined 2.4 

percent in November and have not recorded a monthly advance since rising 0.6 percent in April 2022. The 

November decrease was led by lower prices for nonferrous metals, chemicals, and steelmaking materials. 

Finished Goods: Import prices were mixed for the major finished goods categories in November. Consumer 

goods prices fell 0.2 percent following declines of 0.3 percent in October and 0.2 percent in September. 

Despite the recent drops, consumer goods prices rose 0.6 percent over the past year. In contrast, prices for 

capital goods ticked up 0.1 percent in November, after advancing 0.2 percent the previous month. The 

November increase was driven by a 0.5-percent rise in computer prices. The price index for automotive 

vehicles was unchanged in November, after advancing 0.6 percent in October. 

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

Chart 2. One-month and 12-month percent changes in the Export Price Index: November 2021 – November 2022

Exports 

U.S. export prices declined 0.3 percent in November and have not recorded a 1-month increase since rising 

1.1 percent in June 2022. Lower nonagricultural prices in November more than offset higher agricultural 

prices. Prices for U.S. exports advanced 6.3 percent from November 2021 to November 2022, the smallest 

12-month increase since February 2021. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 2.3 percent in November, after 

declining 0.8 percent in October and 0.9 percent in September. The November advance was the first

monthly rise since the index increased 2.4 percent in May 2022. Higher prices for soybeans, vegetables, 

fruit, and corn more than offset lower prices for cotton, meat, and wheat. Prices for agricultural exports 

advanced 12.0 percent for the year ended in November. 

All Exports Excluding Agriculture: Nonagricultural export prices decreased 0.6 percent in November 

following a 0.3-percent drop the previous month. Prices for nonagricultural exports have not advanced on a 

monthly basis since June 2022. Lower prices for nonagricultural industrial supplies and materials, capital 

goods, consumer goods, and nonagricultural foods all contributed to the November decline. Despite the 

recent drops, nonagricultural export prices increased 5.6 percent over the past year. 

Nonagricultural Industrial Supplies and Materials: Export prices for nonagricultural industrial supplies and 

materials fell 1.1 percent in November and have not recorded a 1-month increase since June 2022. The 

November decline was led by lower prices for fuel and nonferrous metals. 

Finished Goods: Export prices were mostly down for the major finished goods categories in November. 

Capital goods prices declined 0.2 percent, the first monthly decrease since the index fell 0.2 percent in 

November 2020. The November drop was driven by lower prices for computer peripherals, accessories, and 

parts. Prices for consumer goods declined 0.3 percent in November, after advancing 0.3 percent in October.

The price index for automotive vehicles was unchanged in November following a 0.2-percent decline the 

previous month. 

More information for the major import and export price indexes can be found at 

www.bls.gov/web/ximpim/largest.htm. 

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-3.7

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Nov'21 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov'22

1-month percent change 12-month percent change
4

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Import prices from China were unchanged in November, after a 0.4-

percent advance in October. Prices for imports from China increased 1.8 percent over the past year, the 

smallest 12-month advance since March 2021. The price index for imports from Japan edged down 0.1 

percent, the first 1-month decline since a 0.2-percent drop in July 2022. The November decline was led by 

lower prices for machinery manufacturing which more than offset higher prices for computer and electronic

product manufacturing. Despite the decline in November, import prices from Japan rose 2.2 percent over the 

past 12 months. Prices for imports from Canada fell 1.4 percent in November following a 2.1-percent 

decline the previous month. The price index for imports from Canada has not recorded a monthly advance 

since June 2022. Import prices from the European Union and Mexico also decreased in November, 

declining 1.2 percent and 0.1 percent, respectively. (See table 7.)

Exports by Locality of Destination: Export prices to China fell 0.4 percent in November, after decreasing 

1.4 percent in October. The price index for exports to China advanced 1.3 percent over the past 12 months. 

Prices for exports to Japan decreased 0.7 percent in November following a 0.2-percent advance the previous 

month. Export prices to Japan fell 7.2 percent in the third quarter of 2022 prior to ticking up in October. 

Despite the recent declines, prices for exports to Japan increased 4.3 percent for the year ended in 

November. The price indexes for exports to Canada and the European Union also fell in November, 

decreasing 0.5 percent and 0.3 percent, respectively. Export prices to Mexico fell 2.2 percent in November, 

the largest monthly decline since a 5.4-percent decrease in July 2022. (See table 8.)

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

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

0.5 percent in November following a 1.8-percent decrease the previous month. The index for U.S. terms of 

trade with China fell 0.5 percent over the past 12 months, the first over-the-year decline since September 

2020. U.S. terms of trade with Japan decreased 0.7 percent in November, after declining 0.8 percent in 

October. Lower export prices to Japan in November more than offset lower import prices from Japan. In 

contrast, the index for U.S. terms of trade with Canada increased in November, advancing 0.9 percent 

following a 3.4-percent rise in October. U.S. terms of trade with the European Union rose 1.0 percent in 

November, and U.S. terms of trade with Mexico fell 2.1 percent over the same period. (See table 9.)

Import and Export Services

Imports: Import air passenger fares declined 0.6 percent in November, after increasing 4.4 percent in 

October and 4.7 percent in September. Lower European and Asian fares in November more than offset 

higher Latin American/Caribbean fares. Despite the November decrease, import air passenger fares 

advanced 12.4 percent over the past year. Import air freight prices fell 10.5 percent in November following 

an 11.9-percent decline the previous month. Prices for import air freight decreased 37.8 percent for the year 

ended in November, the largest over-the-year decrease since the 12-month percent change series was first 

published in September 1991. (See table 10.) 

Exports: The index for export air passenger fares rose 0.3 percent in November, after decreasing 7.4 

percent from July to October. Higher Asian fares in November more than offset lower European and Latin 

American/Caribbean fares. Export air passenger fares increased 13.9 percent over the past 12 months. Prices 

for export air freight declined 2.5 percent in November following a 3.2-percent decrease in October. The 

November drop was driven by a 4.4-percent decline in Asian air freight prices. Despite the November and 

October decreases, export air freight prices advanced 10.5 percent over the past year. 

 

U.S. Import and Export Price Index data for December 2022 are scheduled for release on Friday, 

January 13, 2023, at 8:30 a.m. (ET). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: November 2021 to

November 2022

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

All commodities................................... 100.000 142.5 141.6 2.7 -1.2 -1.0 -0.4 -0.6

All imports excluding food and fuels (Dec.

2010=100)........................................ 82.201 108.7 108.1 1.7 -0.1 -0.4 -0.1 -0.6

All imports excluding petroleum.............. 89.705 124.2 123.8 1.9 -0.2 -0.3 -0.2 -0.3

All imports excluding fuels (Dec.

2001=100)........................................ 89.023 127.8 127.3 1.9 -0.2 -0.3 -0.1 -0.4

Foods, feeds, & beverages................... 0 6.822 204.2 207.8 4.0 -1.5 0.4 -0.9 1.8

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 5.449 222.7 228.3 6.1 -1.6 0.3 -1.0 2.5

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.373 161.9 159.9 -3.9 -1.2 0.8 -0.8 -1.2

Industrial supplies & materials.............. 1 29.436 268.3 261.5 3.7 -3.7 -3.3 -1.3 -2.5

Industrial supplies & materials excluding

petroleum.................................... 19.174 215.8 211.3 0.8 -0.2 -1.6 -0.8 -2.1

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 18.182 237.9 232.2 1.1 -0.3 -1.4 -0.4 -2.4

Industrial supplies & materials, durable. . .. 12.155 226.7 220.6 -1.4 -0.1 -1.7 -0.4 -2.7

Industrial supplies & materials nondurable

excluding petroleum....................... 6.986 203.4 201.2 4.9 -0.3 -1.4 -1.5 -1.1

Fuels & lubricants............................. 10 10.977 334.8 325.5 10.1 -8.6 -6.3 -2.7 -2.8

Petroleum & petroleum products......... 100 10.295 355.4 343.7 11.2 -9.4 -6.3 -2.2 -3.3

Crude petroleum........................... 10000 6.724 347.4 335.6 5.1 -10.2 -6.6 -3.0 -3.4

Fuels, n.e.s.-coals & gas.................. 101 0.682 266.7 278.2 -2.0 2.8 -7.1 -9.5 4.3

Natural gas.................................. 10110 0.549 254.0 267.9 -4.2 3.4 -8.4 -11.8 5.5

Paper & paper base stocks.................. 11 0.583 152.9 149.2 19.7 1.8 2.3 0.8 -2.4

Materials associated with nondurable

supplies & materials....................... 12 5.720 216.2 212.4 5.1 -1.1 -1.0 -0.5 -1.8

Selected building materials.................. 13 1.858 199.1 198.2 7.1 -1.8 -2.4 -2.5 -0.5

Unfinished metals related to durable

goods........................................ 14 5.201 342.9 329.6 -7.3 -0.6 -3.1 0.4 -3.9

Finished metals related to durable

goods........................................ 15 3.351 214.9 207.2 0.1 1.8 0.5 0.0 -3.6

Nonmetals related to durable goods. . . . . .. 16 1.746 127.0 127.2 4.4 -0.2 -0.5 -1.1 0.2

Capital goods................................... 2 25.906 93.0 93.1 3.0 -0.1 -0.1 0.2 0.1

Electric generating equipment............... 20 3.236 128.4 128.6 4.7 0.2 -0.3 -0.5 0.2

Nonelectrical machinery...................... 21 21.007 84.2 84.3 2.4 -0.1 -0.1 0.2 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 1.664 147.6 147.7 6.2 0.2 0.4 1.9 0.1

Automotive vehicles, parts & engines..... 3 12.647 117.2 117.2 3.0 -0.3 0.1 0.6 0.0

Consumer goods, excluding

automotives.................................. 4 25.189 109.8 109.6 0.6 0.1 -0.2 -0.3 -0.2

Nondurables, manufactured................. 40 12.707 124.0 123.8 -0.8 0.2 0.0 -0.6 -0.2

Durables, manufactured...................... 41 11.757 95.7 95.5 1.8 0.1 -0.3 0.1 -0.2

Nonmanufactured consumer goods. . . . . . .. 42 0.725 129.8 129.0 4.3 -0.7 -0.6 -0.2 -0.6

1 Relative importance figures are based on 2020 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: November 2021 to

November 2022

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

All commodities................................... 100.000 156.2 155.8 6.3 -1.4 -0.9 -0.4 -0.3

Agricultural commodities....................... 12.196 251.3 257.2 12.0 -0.5 -0.9 -0.8 2.3

All exports excluding food and fuels (Dec.

2010=100)........................................ 67.167 113.3 113.0 1.3 -0.6 -0.6 -0.9 -0.3

All exports excluding fuels (June

2022=100)........................................ 78.319 98.4 98.4 – -0.3 -0.5 -0.6 0.0

Nonagricultural commodities.................. 87.804 149.0 148.1 5.6 -1.4 -1.0 -0.3 -0.6

Foods, feeds, & beverages................... 0 11.152 253.9 260.7 12.2 -0.5 -0.7 -0.5 2.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 10.712 255.5 262.7 13.0 -0.6 -0.8 -0.5 2.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.440 225.1 223.3 -5.0 -0.1 1.3 -0.3 -0.8

Industrial supplies & materials.............. 1 43.307 228.2 225.6 7.7 -3.0 -2.0 -0.7 -1.1

Industrial supplies & materials, durable. . .. 9.975 210.3 207.9 -3.5 0.0 -0.8 -1.0 -1.1

Industrial supplies & materials,

nondurable.................................. 33.332 230.5 227.9 11.4 -3.8 -2.4 -0.7 -1.1

Agricultural industrial supplies &

materials..................................... 10 1.483 234.3 231.1 5.1 -0.4 -1.4 -2.0 -1.4

Nonagricultural industrial supplies &

materials..................................... 41.824 228.1 225.5 7.8 -3.1 -2.0 -0.7 -1.1

Fuels & lubricants............................. 11 21.681 314.6 309.2 19.8 -4.2 -2.0 1.2 -1.7

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.298 196.3 195.6 -3.1 -1.8 -1.9 -2.7 -0.4

Selected building materials.................. 13 0.845 155.4 150.9 -3.4 -3.6 -3.6 -2.7 -2.9

Capital goods................................... 2 28.015 119.1 118.9 3.3 0.0 0.1 0.0 -0.2

Electrical generating equipment............. 20 3.157 134.1 134.7 5.6 0.1 0.2 0.7 0.4

Nonelectrical machinery...................... 21 20.282 100.5 100.3 3.0 -0.1 0.1 -0.3 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 4.576 198.2 198.7 3.8 0.2 0.2 0.2 0.3

Automotive vehicles, parts & engines..... 3 7.424 121.7 121.7 4.4 0.2 0.1 -0.2 0.0

Consumer goods, excluding

automotives.................................. 4 10.102 116.7 116.3 3.0 0.2 -0.3 0.3 -0.3

Nondurables, manufactured................. 40 5.256 108.8 108.4 -1.4 -0.2 -0.1 -0.2 -0.4

Durables, manufactured...................... 41 3.926 116.3 116.1 5.8 0.0 0.3 0.8 -0.2

Nonmanufactured consumer goods (Dec.

2018=100)................................... 42 0.920 124.5 123.6 18.2 2.7 -3.8 -0.1 -0.7

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected industries: November 2021 to November

2022

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Nonmanufacturing................................ 9.618 159.8 158.5 3.6 -7.8 -5.2 -3.7 -0.8

Agriculture, forestry, fishing and

hunting........................................ 11 2.100 200.2 211.1 5.0 -3.6 0.7 -3.8 5.4

Crop production............................... 111 1.715 210.4 224.5 6.0 -4.2 0.5 -3.7 6.7

Mining............................................ 21 7.518 162.7 158.6 3.6 -8.9 -6.7 -3.7 -2.5

Oil and gas extraction........................ 211 7.267 162.5 158.1 3.6 -9.1 -6.8 -3.7 -2.7

Manufacturing..................................... 90.071 123.9 123.1 2.7 -0.5 -0.6 0.0 -0.6

Manufacturing, part 1......................... 31 11.214 138.4 138.1 2.8 -0.1 0.2 0.4 -0.2

Food manufacturing.......................... 311 4.184 186.9 186.0 4.3 -0.7 0.4 0.7 -0.5

Beverage and tobacco product

manufacturing............................... 312 1.083 134.4 134.5 1.2 -0.1 0.1 -0.1 0.1

Textile mills (Dec. 2011=100)............... 313 0.403 125.3 124.7 8.2 0.2 -0.8 -0.5 -0.5

Textile product mills.......................... 314 1.447 109.5 109.3 -1.9 -0.6 0.3 -0.1 -0.2

Apparel manufacturing....................... 315 2.939 119.5 119.4 4.3 1.2 0.1 0.6 -0.1

Leather and allied product

manufacturing............................... 316 1.158 127.6 127.3 -0.5 0.0 0.2 -0.4 -0.2

Manufacturing, part 2......................... 32 21.011 152.5 150.4 4.6 -2.0 -1.4 -1.0 -1.4

Wood product manufacturing (Dec.

2019=100)................................... 321 1.080 155.8 154.3 3.8 -3.4 -4.4 -4.5 -1.0

Paper manufacturing......................... 322 1.042 129.9 127.7 10.2 0.9 1.4 0.2 -1.7

Petroleum and coal products

manufacturing............................... 324 3.265 174.0 169.1 30.3 -7.3 -4.6 -0.6 -2.8

Chemical manufacturing..................... 325 12.012 156.5 154.7 -0.4 -1.1 -0.9 -1.3 -1.2

Plastics and rubber products

manufacturing............................... 326 2.514 133.8 133.4 3.7 -0.1 0.3 0.0 -0.3

Nonmetallic mineral product

manufacturing............................... 327 0.929 141.6 141.2 3.1 -0.1 -0.4 0.0 -0.3

Manufacturing, part 3......................... 33 57.846 112.7 112.1 2.0 0.0 -0.4 0.4 -0.5

Primary metal manufacturing................ 331 6.950 233.1 222.9 -3.6 0.7 -1.8 1.3 -4.4

Fabricated metal product manufacturing... 332 3.152 149.0 148.4 2.4 -0.3 -0.7 -1.4 -0.4

Machinery manufacturing.................... 333 6.805 127.5 127.4 3.0 0.2 -0.1 -0.3 -0.1

Computer and electronic product

manufacturing............................... 334 15.830 74.1 74.2 1.2 -0.1 -0.1 0.5 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 5.325 126.8 126.8 4.2 0.1 -0.2 -0.2 0.0

Transportation equipment manufacturing... 336 13.121 116.2 116.2 3.0 -0.2 0.1 0.9 0.0

Furniture and related product

manufacturing............................... 337 1.837 129.0 128.7 6.3 0.8 0.0 -0.3 -0.2

Miscellaneous manufacturing............... 339 4.826 125.8 125.7 3.8 -0.4 -0.6 -0.5 -0.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected industries: November 2021 to November

2022

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Nonmanufacturing................................ 19.415 217.5 218.3 10.9 0.7 -2.3 -3.1 0.4

Agriculture, forestry, fishing and

hunting........................................ 11 6.546 221.3 231.8 14.3 -1.0 -1.9 -1.9 4.7

Crop production............................... 111 6.234 236.0 247.6 16.0 -0.9 -1.8 -1.9 4.9

Mining............................................ 21 12.869 142.3 139.6 8.9 1.6 -2.5 -3.7 -1.9

Oil and gas extraction (Dec. 2021=100). .. 211 11.654 129.9 127.3 – 3.2 -2.5 -4.0 -2.0

Mining (except oil and gas).................. 212 1.216 140.1 139.4 -10.9 -11.7 -2.2 -1.8 -0.5

Manufacturing..................................... 79.013 137.2 136.5 5.8 -1.9 -0.7 0.4 -0.5

Manufacturing, part 1......................... 31 7.067 178.6 177.4 7.3 -0.2 -0.2 0.4 -0.7

Food manufacturing.......................... 311 5.396 212.3 210.3 8.0 0.1 0.0 0.5 -0.9

Beverage and tobacco product

manufacturing............................... 312 0.530 142.8 144.8 7.1 -1.0 -1.9 0.5 1.4

Manufacturing, part 2......................... 32 27.036 149.6 148.6 9.2 -5.4 -1.7 1.3 -0.7

Wood product manufacturing (Dec.

2017=100)................................... 321 0.442 122.7 116.0 -14.8 -5.0 -5.4 -3.2 -5.5

Paper manufacturing......................... 322 1.637 155.9 156.1 14.3 1.6 -0.7 0.3 0.1

Petroleum and coal products

manufacturing............................... 324 8.802 196.8 193.7 37.4 -12.7 -1.4 9.2 -1.6

Chemical manufacturing..................... 325 13.329 136.1 136.0 -2.3 -2.5 -2.0 -2.7 -0.1

Plastics and rubber products

manufacturing............................... 326 1.999 130.6 130.4 3.5 0.4 -0.6 -0.1 -0.2

Nonmetallic mineral product

manufacturing............................... 327 0.678 130.6 129.7 6.6 -0.4 -0.3 -3.0 -0.7

Manufacturing, part 3......................... 33 44.910 126.9 126.5 3.5 0.2 -0.1 -0.1 -0.3

Primary metal manufacturing................ 331 4.062 210.1 205.3 -3.8 0.3 -1.2 -0.8 -2.3

Fabricated metal product manufacturing... 332 2.483 171.5 171.8 7.2 0.1 0.1 -0.3 0.2

Machinery manufacturing.................... 333 8.060 144.0 144.0 5.8 0.3 0.1 0.3 0.0

Computer and electronic product

manufacturing............................... 334 11.679 84.5 84.1 1.3 -0.1 0.1 -0.6 -0.5

Electrical equipment, appliance, and

component manufacturing................. 335 3.183 131.9 132.4 6.8 0.1 0.0 0.6 0.4

Transportation equipment manufacturing... 336 11.024 138.8 139.0 4.1 0.1 0.1 0.0 0.1

Miscellaneous manufacturing............... 339 4.107 133.6 133.2 7.3 0.7 -0.7 0.2 -0.3

1 Relative importance figures are based on 2020 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: November 2021 to

November 2022

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Live animals; animal products................. I 1.497 230.8 226.5 -2.2 -1.4 1.1 -1.2 -1.9

Meat and edible meat offal..................... 02 0.430 320.9 310.0 -9.6 -2.2 -1.0 -3.2 -3.4

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.759 158.9 156.2 -3.0 -1.9 1.7 -0.4 -1.7

Vegetable products............................... II 2.153 238.8 247.5 7.1 -3.0 0.9 -2.6 3.6

Edible vegetables, roots, and tubers.......... 07 0.488 487.0 496.0 20.1 2.1 11.8 -2.8 1.8

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.691 104.9 120.3 4.6 -8.2 -6.2 -4.0 14.7

Coffee, tea, mate and spices.................. 09 0.445 316.9 290.7 0.4 1.5 0.7 -1.8 -8.3

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.436 153.0 154.0 3.8 0.3 -0.4 1.6 0.7

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.247 189.6 190.8 5.6 0.1 0.5 0.7 0.6

Sugars and sugar confectionary (Dec.

2021=100)..................................... 17 0.218 108.1 107.7 – -0.1 -1.0 1.7 -0.4

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.199 102.2 110.9 10.5 -0.2 0.3 -0.3 8.5

Beverages, spirits, and vinegar................ 22 1.057 147.3 147.5 0.2 -0.1 0.0 -0.1 0.1

Mineral products.................................. V 10.939 341.9 333.1 10.7 -8.1 -5.9 -2.8 -2.6

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.594 336.8 327.5 11.1 -8.4 -6.0 -2.7 -2.8

Products of the chemical or allied

industries........................................ VI 11.173 174.8 174.0 0.7 -1.1 -0.8 -1.1 -0.5

Inorganic chemicals............................. 28 0.773 549.1 553.0 19.0 -1.8 1.4 0.9 0.7

Organic chemicals............................... 29 2.567 145.4 144.9 -0.5 -3.5 -3.2 -0.6 -0.3

Pharmaceutical products....................... 30 5.115 145.1 144.9 -4.0 -0.3 -0.3 -1.6 -0.1

Miscellaneous chemical products............. 38 0.832 119.7 119.6 4.1 -0.2 0.4 0.4 -0.1

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.771 160.1 157.9 0.0 -0.8 -0.7 -0.2 -1.4

Plastics and articles thereof.................... 39 2.612 162.8 159.8 -2.1 -0.7 -1.3 -0.1 -1.8

Rubber and articles thereof.................... 40 1.160 157.9 157.5 4.9 -1.0 0.7 -0.6 -0.3

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.415 142.1 142.0 2.6 0.1 0.6 -1.0 -0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.147 236.2 235.0 7.5 -3.5 -3.9 -4.3 -0.5

Wood and articles of wood; wood charcoal

(Dec. 2019=100).............................. 44 1.124 165.2 164.3 7.9 -3.6 -3.9 -4.5 -0.5

Woodpulp, recovered paper, and paper

products......................................... X 1.023 137.2 134.2 11.1 0.5 1.5 0.1 -2.2

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.671 124.6 124.9 15.3 0.2 1.3 0.3 0.2

Textile and textile articles....................... XI 4.629 121.1 121.0 2.6 0.4 0.2 0.2 -0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.287 127.2 127.3 3.2 -0.1 -0.1 0.8 0.1

Made-up or worn textile articles............... 63 1.183 102.8 102.9 -2.9 -1.1 0.3 0.0 0.1

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.013 126.8 126.9 0.0 0.2 0.1 0.0 0.1

Footwear and parts of such articles........... 64 0.812 123.8 123.8 -1.1 0.0 0.1 0.0 0.0

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.795 134.3 133.9 1.4 -0.2 -0.2 0.1 -0.3

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: November 2021 to

November 2022 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2020=100).................... 68 0.297 102.4 102.3 3.1 0.3 -0.5 0.6 -0.1

Glass and glassware (Dec. 2021=100)....... 70 0.274 101.4 100.9 – -0.1 0.1 -0.1 -0.5

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.533 230.5 221.3 -2.6 2.2 -2.2 1.6 -4.0

Base metals and articles of base metals. . .. XV 5.933 237.0 233.4 1.0 -1.0 -1.0 -1.0 -1.5

Iron and steel.................................... 72 1.181 331.6 313.2 1.5 -3.5 0.5 0.1 -5.5

Articles of iron or steel.......................... 73 1.838 203.5 204.6 6.1 0.0 -0.8 -1.0 0.5

Copper and articles thereof.................... 74 0.430 346.7 350.0 -14.3 1.3 -0.2 -0.8 1.0

Aluminum and articles thereof................. 76 1.031 186.0 182.7 -4.1 -2.3 -3.0 -2.4 -1.8

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.411 129.7 129.2 1.7 -0.2 -0.1 0.0 -0.4

Miscellaneous articles of base metal. . . . . . . .. 83 0.524 150.9 151.5 4.2 -0.1 -0.2 -1.2 0.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.108 82.7 82.7 1.8 -0.1 -0.2 0.2 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 14.457 89.3 89.4 2.3 -0.1 -0.1 0.1 0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 13.650 76.6 76.5 1.6 -0.1 -0.1 0.4 -0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 11.088 121.1 121.2 3.4 -0.1 0.1 1.0 0.1

Motor vehicles and their parts................. 87 10.275 120.1 120.2 3.1 -0.1 0.1 0.8 0.1

Aircraft, spacecraft, and parts thereof (Dec.

2020=100)..................................... 88 0.722 108.0 108.0 7.0 0.3 0.3 3.8 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.753 105.2 105.3 3.1 -0.1 0.0 -0.1 0.1

Optical, photographic, measuring and

medical instruments.......................... 90 3.544 101.3 101.4 3.4 -0.1 0.0 0.0 0.1

Miscellaneous manufactured articles......... XX 4.234 119.7 119.4 4.2 0.4 0.0 -0.2 -0.3

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.567 127.8 127.5 4.3 0.7 -0.1 -0.3 -0.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.409 106.6 105.8 3.2 -0.1 0.1 0.1 -0.8

Miscellaneous manufactured articles. . . . . . . .. 96 0.259 136.1 138.0 7.1 0.2 0.4 0.0 1.4

1 Relative importance figures are based on 2020 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: November 2021 to

November 2022

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Live animals; animal products................. I 2.271 281.0 280.0 0.7 -1.6 -1.2 0.0 -0.4

Meat & edible meat offal (Dec. 2006=100)... 02 1.451 224.6 221.1 -4.4 -1.9 -1.2 0.0 -1.6

Vegetable products............................... II 6.149 289.4 305.2 18.0 -0.8 -2.4 -1.6 5.5

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.850 131.0 136.8 -8.2 -3.4 -5.0 0.6 4.4

Cereals............................................ 10 2.002 347.1 358.0 19.6 -3.8 0.1 3.9 3.1

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.702 302.0 317.1 22.6 1.3 -2.8 -6.0 5.0

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.016 186.8 185.6 8.2 0.3 1.3 0.9 -0.6

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.587 109.8 109.2 5.7 2.1 -0.3 1.8 -0.5

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.452 107.9 107.6 -2.4 -0.1 0.0 -0.4 -0.3

Residues and waste from the food

industries; prepared animal feed............ 23 0.959 341.6 335.6 15.2 -1.4 4.6 1.3 -1.8

Mineral products.................................. V 21.710 377.8 371.1 19.1 -4.1 -2.0 1.0 -1.8

Ores, slag and ash (Dec. 2012=100)......... 26 0.474 118.6 117.1 -19.8 3.3 -1.3 -6.1 -1.3

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 21.055 366.7 360.1 20.4 -4.3 -2.1 1.2 -1.8

Products of the chemical or allied

industries........................................ VI 11.487 165.5 165.4 4.7 -1.3 -1.3 -0.1 -0.1

Organic chemicals............................... 29 2.750 196.8 197.0 5.3 -4.2 -4.1 -0.2 0.1

Pharmaceutical products....................... 30 3.033 105.8 105.1 -3.2 -0.2 0.3 -0.2 -0.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.784 141.3 141.2 3.0 -0.2 0.1 0.2 -0.1

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.431 135.4 135.4 3.0 -0.3 -0.4 0.0 0.0

Miscellaneous chemical products............. 38 2.123 185.1 185.0 -0.2 -0.3 -1.9 0.8 -0.1

Plastics and articles thereof; rubber and

articles thereof.................................. VII 4.602 157.4 157.2 -9.7 -2.0 -1.8 -5.5 -0.1

Plastics and articles thereof.................... 39 3.893 154.9 154.7 -11.4 -2.1 -2.1 -6.4 -0.1

Rubber and articles thereof.................... 40 0.709 166.8 166.8 1.3 -0.8 0.2 -0.3 0.0

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.528 117.4 111.3 -14.6 -6.1 -6.2 -3.6 -5.2

Woodpulp, recovered paper, and paper

products......................................... X 1.781 150.3 151.4 4.9 1.5 -0.7 -5.0 0.7

Woodpulp and recovered paper (Dec.

2019=100)..................................... 47 0.628 164.3 166.7 -0.4 4.1 -2.1 -12.2 1.5

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.951 147.9 148.5 10.0 -0.1 0.5 -0.5 0.4

Textile and textile articles....................... XI 1.656 149.9 146.4 4.6 -0.3 -0.6 -2.3 -2.3

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.727 188.6 179.6 6.0 0.1 -0.8 -4.7 -4.8

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.667 146.0 145.7 10.7 -0.1 0.1 -1.0 -0.2

Glass and glassware (Dec. 2019=100)....... 70 0.408 113.1 113.1 14.2 -0.1 0.1 1.7 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.771 313.9 306.6 -0.7 1.9 -2.4 0.1 -2.3

Base metals and articles of base metals. . .. XV 4.368 207.4 207.5 -2.0 -0.6 1.0 -1.3 0.0

Iron and steel (Dec. 2020=100)............... 72 1.189 158.5 160.1 -4.8 0.8 4.1 -3.1 1.0

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: November 2021 to

November 2022 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Copper and articles thereof.................... 74 0.497 243.8 242.1 -11.3 -0.1 0.4 0.5 -0.7

Aluminum and articles thereof................. 76 0.755 143.8 142.8 -12.0 -4.1 -0.4 -1.0 -0.7

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 23.335 104.7 104.6 3.9 0.0 0.2 -0.1 -0.1

Machinery and mechanical appliances;

parts thereof................................... 84 13.488 125.5 125.2 4.2 -0.3 0.2 -0.2 -0.2

Electrical machinery and equipment and

parts and accessories thereof............... 85 9.848 82.6 82.6 3.4 0.5 0.1 0.0 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 8.180 148.0 148.2 4.0 0.2 0.1 0.1 0.1

Motor vehicles and their parts................. 87 6.133 124.2 124.3 3.6 0.1 0.1 -0.1 0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.069 114.0 113.8 2.0 -0.2 -0.1 -0.3 -0.2

Miscellaneous manufactured articles......... XX 1.118 134.5 134.0 10.7 -0.1 0.8 1.3 -0.4

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi.......................... 94 0.575 150.5 148.8 5.5 0.0 0.0 0.0 -1.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.395 113.3 113.3 20.0 -0.2 2.2 3.8 0.0

1 Relative importance figures are based on 2020 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: November 2021 to November 2022

[2000=100, unless otherwise noted]

Description

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Industrialized Countries2

.................... 100.000 148.1 146.0 2.3 -1.6 -1.5 -0.6 -1.4

Nonmanufacturing........................... 12.609 278.7 273.0 -1.1 -9.2 -7.1 -3.6 -2.0

Manufacturing................................ 86.681 137.7 136.0 3.1 -0.3 -0.7 0.0 -1.2

Canada.......................................... 100.000 188.0 185.3 3.6 -4.3 -2.9 -2.1 -1.4

Nonmanufacturing........................... 33.347 277.2 271.4 -1.2 -9.5 -7.3 -3.6 -2.1

Manufacturing................................ 65.707 167.9 166.0 6.2 -1.2 -0.9 -1.0 -1.1

European Union............................... 100.000 152.7 150.8 2.8 -0.6 -0.6 -0.1 -1.2

Manufacturing................................ 98.853 148.2 146.4 2.9 -0.5 -0.5 -0.2 -1.2

France (Dec. 2003=100)...................... 100.000 143.0 142.2 3.2 -0.4 0.2 0.3 -0.6

Germany (Dec. 2003=100)................... 100.000 124.1 123.9 4.1 -0.4 -0.4 0.2 -0.2

United Kingdom (Dec. 2003=100).......... 100.000 134.4 131.9 1.1 -0.9 -1.5 0.0 -1.9

Latin America3

................................. 100.000 170.3 170.2 4.7 -1.5 -0.5 -0.1 -0.1

Nonmanufacturing........................... 16.393 334.6 333.3 5.5 -6.4 -2.0 -3.8 -0.4

Manufacturing................................ 83.325 136.8 136.8 4.4 -0.4 -0.2 0.7 0.0

Mexico (Dec. 2003=100)...................... 100.000 141.7 141.6 3.6 -1.8 0.0 0.0 -0.1

Nonmanufacturing (Dec. 2008=100). . . . .. 9.924 161.7 158.1 -1.6 -14.9 2.3 -5.2 -2.2

Manufacturing (Dec. 2008=100)........... 89.798 96.9 97.1 4.0 0.0 -0.2 0.5 0.2

Pacific Rim (Dec. 2003=100)4............... 100.000 104.5 104.3 1.8 -0.3 -0.3 0.2 -0.2

China (Dec. 2003=100)....................... 100.000 104.5 104.5 1.8 -0.1 0.0 0.4 0.0

Japan............................................ 100.000 101.3 101.2 2.2 0.0 0.1 1.1 -0.1

Taiwan (Dec. 2018=100)...................... 100.000 111.3 111.1 4.2 -0.4 -0.6 0.1 -0.2

Asian NICs5

..................................... 100.000 98.8 98.6 3.9 -0.9 -1.0 0.5 -0.2

ASEAN (Dec. 2003=100)6

.................... 100.000 103.4 103.2 1.6 -0.6 -0.6 -0.1 -0.2

Asia Near East (Dec. 2003=100)7

........... 100.000 242.0 240.6 12.5 -4.5 -3.6 0.8 -0.6

1 Relative importance figures are based on 2020 trade values.

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

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

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

Countries.

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

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

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

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

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. export price indexes and percent changes by locality of destination: November 2021 to November

2022

[December 2017=100, unless otherwise noted]

Description

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Industrialized Countries2

.................... 100.000 122.2 121.4 5.0 -1.0 -1.1 0.3 -0.7

Nonmanufacturing........................... 15.736 156.9 154.3 7.3 -2.3 -3.7 -2.9 -1.7

Manufacturing................................ 82.700 118.1 117.7 4.7 -0.7 -0.5 0.9 -0.3

Canada.......................................... 100.000 129.9 129.2 7.4 -0.2 -1.2 1.2 -0.5

Nonmanufacturing (Dec. 2020=100). . . . .. 11.711 159.6 161.9 9.8 2.3 -3.6 -5.3 1.4

Manufacturing (Dec. 2020=100)........... 86.980 120.2 119.3 7.2 -0.5 -0.8 2.0 -0.7

European Union............................... 100.000 119.6 119.3 5.0 -1.5 -1.6 0.5 -0.3

Nonmanufacturing........................... 19.318 150.2 147.8 6.6 -4.9 -6.4 0.9 -1.6

Manufacturing................................ 79.093 114.3 114.1 4.4 -0.7 -0.2 0.4 -0.2

Germany........................................ 100.000 113.7 113.2 5.5 -0.3 -0.7 0.2 -0.4

Latin America3

................................. 100.000 137.2 135.6 9.2 -2.7 -0.9 -0.1 -1.2

Nonmanufacturing........................... 12.637 209.0 197.6 5.6 10.7 0.5 -12.4 -5.5

Manufacturing................................ 86.985 131.5 130.7 9.7 -4.7 -0.8 2.1 -0.6

Mexico........................................... 100.000 134.2 131.3 5.0 -1.6 -0.8 -1.1 -2.2

Nonmanufacturing........................... 11.187 197.3 176.8 -1.2 17.0 4.4 -19.3 -10.4

Manufacturing................................ 88.531 129.8 128.3 5.7 -3.9 -1.5 1.8 -1.2

Pacific Rim4.................................... 100.000 119.0 118.7 3.0 -1.1 -1.5 -0.2 -0.3

Nonmanufacturing........................... 25.695 143.0 143.0 3.3 -3.0 -3.9 -0.5 0.0

Manufacturing................................ 72.378 113.8 113.4 3.4 -0.4 -0.5 -0.1 -0.4

China............................................ 100.000 113.8 113.3 1.3 -1.5 -2.5 -1.4 -0.4

Nonmanufacturing........................... 33.788 125.2 124.9 5.8 -3.4 -5.7 -3.3 -0.2

Manufacturing................................ 64.873 111.7 111.0 -0.4 -0.4 -0.6 -0.4 -0.6

Japan............................................ 100.000 120.9 120.0 4.3 -2.2 -2.2 0.2 -0.7

Nonmanufacturing........................... 31.710 160.9 159.5 15.4 -3.1 -5.5 1.1 -0.9

Manufacturing................................ 66.831 108.2 107.6 -0.4 -1.8 -0.6 -0.2 -0.6

1 Relative importance figures are based on 2020 trade values.

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

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

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

Countries.

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

Regions are not mutually exclusive.

Dash = Not available

14
Table 9. U.S. terms of trade indexes and percent changes by locality: November 2021 to November 20221

[December 2017=100, unless otherwise noted]

Description

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Industrialized Countries2

............................ 101.0 101.8 2.6 0.7 0.4 0.9 0.8

Canada.................................................. 90.8 91.6 3.6 4.2 1.7 3.4 0.9

European Union...................................... 105.4 106.5 2.2 -0.9 -0.9 0.6 1.0

Germany................................................ 105.5 105.2 1.3 0.1 -0.4 0.1 -0.3

Latin America3

........................................ 120.0 118.6 4.3 -1.1 -0.3 0.0 -1.2

Mexico.................................................. 122.2 119.6 1.3 0.2 -0.8 -1.1 -2.1

Pacific Rim4............................................ 112.1 112.0 1.3 -0.8 -1.1 -0.4 -0.1

China.................................................... 109.0 108.5 -0.5 -1.4 -2.5 -1.8 -0.5

Japan.................................................... 114.0 113.2 2.0 -2.2 -2.3 -0.8 -0.7

1 Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.

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

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

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

Countries.

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

Regions are not mutually exclusive.

Dash = Not available

15
Table 10. U.S. international price indexes and percent changes for selected transportation services: November

2021 to November 2022

[2000=100, unless otherwise noted]

Description

Relative

importance

Oct.

20221

Index Percent change

Oct.

2022

Nov.

2022

Annual Monthly

Nov.

2021 to

Nov.

2022

Jul.

2022 to

Aug.

2022

Aug.

2022 to

Sep.

2022

Sep.

2022 to

Oct.

2022

Oct.

2022 to

Nov.

2022

Air Freight

Import Air Freight.................................... 100.000 283.3 253.6 -37.8 3.5 -1.2 -11.9 -10.5

Europe (Dec. 2003=100).......................... 26.426 247.6 242.6 -19.2 -0.6 -0.1 -6.7 -2.0

Asia.................................................. 73.278 276.9 239.4 -43.6 4.9 -1.5 -13.6 -13.5

Export Air Freight................................... 100.000 197.7 192.8 10.5 -0.4 -1.9 -3.2 -2.5

Europe (Dec. 2006=100).......................... 26.016 150.2 149.3 1.2 -6.0 -1.5 -7.9 -0.6

Asia (Dec. 2011=100).............................. 52.601 162.7 155.5 18.9 2.9 -4.3 2.4 -4.4

Inbound Air Freight................................. 100.000 211.8 192.4 -33.4 -0.3 -2.5 -9.6 -9.2

Europe (Dec. 2003=100).......................... 24.740 169.6 167.0 -17.6 -3.8 2.0 -6.7 -1.5

Asia.................................................. 65.469 210.5 181.7 -39.7 1.0 -4.2 -11.5 -13.7

Outbound Air Freight............................... 100.000 228.1 223.2 11.4 -0.1 6.3 -1.2 -2.1

Europe (Dec. 2003=100).......................... 26.697 194.7 195.2 19.3 -5.6 -1.1 0.1 0.3

Asia.................................................. 57.706 271.1 266.8 11.3 2.6 11.4 0.3 -1.6

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 188.1 187.0 12.4 -9.9 4.7 4.4 -0.6

Europe............................................... 38.690 210.7 198.7 8.3 -14.4 15.2 3.0 -5.7

Asia.................................................. 19.700 190.1 182.6 20.1 -8.1 -1.3 -2.8 -3.9

Latin America/Caribbean.......................... 12.778 154.3 169.1 39.8 -9.0 -7.1 10.8 9.6

Export Air Passenger Fares....................... 100.000 190.5 191.0 13.9 -2.4 -3.7 -1.6 0.3

Europe............................................... 26.232 223.4 218.1 7.4 -11.3 5.5 -4.3 -2.4

Asia.................................................. 23.147 203.1 217.1 19.9 10.4 -10.1 -5.0 6.9

Latin America/Caribbean.......................... 33.334 192.3 192.1 33.5 -3.3 -6.8 3.3 -0.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

16
17 

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the 

weights. Published series use a base year of 2000=100 where possible. More detailed index series and 

additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101. 

Merchandise Goods Classification Systems - The merchandise price indexes are published using three 

classification systems. Items are classified by end use according to the Bureau of Economic Analysis 

Classification System, by industry according to the North American Industry Classification System 

(NAICS), and by product category according to the Harmonized System (HS). While classification by 

end use and product category are self-explanatory, some notes are in order for classifying items by 

industry. In the NAICS imports and exports tables, items are classified by output industry, not input 

industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) 

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

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

produce the NAICS primary products indexes.

Import Price Goods Indexes - Items are classified by the Harmonized Tariff Schedule of the United 

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

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

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

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

Export Price Goods Indexes - Items are classified by the Harmonized Schedule B classification system 

of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) 

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

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

Agriculture. 

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

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

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

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

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

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

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

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

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

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

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

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

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

under "MXP Publications." 
18 

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

collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 

beginning with January 2002, are based on the North American Industry Classification System (NAICS) 

covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 

manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 

collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 

based on the North American Industry Classification System (NAICS) covering goods-producing 

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

defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 

import prices for a specific country, region, or grouping. The indexes are calculated as one country, 

region, or grouping’s all-export goods price index divided by the corresponding all-import goods price 

index on a scale of 100. 

 

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

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

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

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

relative importance will increase as well. 

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

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

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

in the releases for February, March, and April. 

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

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

decimal place. 

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

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

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

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

appropriate for market analysis. 

Email Subscription - The U.S. import and export price indexes news release is available through an 

email subscription service at www.bls.gov/bls/list.htm. 

 

Additional Information - More detailed data are available on the Import/Export Price Indexes home 

page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 

mxpinfo@bls.gov. 

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