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

(NOTE: A problem occurred with the calculation of the U.S. export air passenger fares indexes that 

were released with the June 14, 2018, release of the May U.S Import and Export Price Indexes. The 

corrected data have been issued with this news release.) 

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

following a 0.9-percent advance in May. Lower prices for nonfuel and fuel imports contributed to the June 

decline. Prices for U.S. exports rose 0.3 percent in June, after rising 0.6 percent the previous month. 

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

 Percent change 

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

 Percent change 

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

Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Friday, July 13, 2018 

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

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

USDL-18-1145
2 

All Imports: The price index for U.S. imports fell 0.4 percent in June, after increasing 0.9 percent in May 

and 0.5 percent in April. The June decline was the largest monthly drop since the index decreased 0.5 

percent in February 2016. Despite the downturn in June, overall import prices advanced 4.3 percent between 

June 2017 and June 2018. 

Fuel Imports: Import fuel prices decreased 0.7 percent in June, after a 6.1-percent advance in May and a 

3.9-percent rise in April. Falling prices for both petroleum and natural gas contributed to the overall drop in 

June fuel prices. Prices for petroleum fell 0.8 percent in June following advances of 7.4 percent in May and 

4.2 percent in April. Natural gas prices fell 6.0 percent in June, after a 24.7-percent drop the previous 

month. The price index for natural gas has not recorded a monthly increase since a 13.4-percent advance in 

January. Fuel prices rose 33.8 percent over the past 12 months, driven by a 37.8-percent increase in 

petroleum prices over the same period. In contrast, natural gas prices declined 27.8 percent over the past 

year, the largest 12-month drop since the index fell 34.8 percent for June 2016. 

All Imports Excluding Fuel: Prices for nonfuel imports decreased 0.3 percent in June following a 0.2-

percent increase in May. The June decline was led by lower prices for foods, feeds, and beverages; 

consumer goods; capital goods; and automotive vehicles which more than offset higher prices for nonfuel 

industrial supplies and materials. The price index for nonfuel imports advanced 1.5 percent for the year 

ended in June, driven by higher prices for nonfuel industrial supplies and materials; capital goods; and 

consumer goods. 

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

Chart 3. One-month percent change in the Export Price Index: June 2017 – June 2018 

 Percent change 

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

 Percent change

All Exports: U.S. export prices increased 0.3 percent in June, after rising 0.6 percent the previous month. In 

June, higher nonagricultural prices more than offset decreasing prices for agricultural exports. Prices for 

overall exports advanced 5.3 percent over the past 12 months, the largest over-the-year increase since the 

index rose 6.3 percent in October 2011. 

Agricultural Exports: Agricultural export prices fell 1.0 percent in June following a 1.6-percent increase in 

May and a 1.1-percent decrease in April. The largest contributors to the June decline were a 2.6-percent 

drop in soybeans prices and a 3.1-percent decrease in corn prices. A 6.4-percent rise in fruit prices partially 

mitigated the overall decrease in agricultural prices. Despite the declines in June and April, export 

agricultural prices increased 5.4 percent over the past 12 months. 

All Exports Excluding Agriculture: The price index for nonagricultural exports increased 0.4 percent in 

June, after advancing 0.6 percent in May. Nonagricultural prices have not recorded a 1-month decline since 

the index edged down 0.1 percent in October 2017. In June, rising prices for nonagricultural industrial 

supplies and materials and capital goods more than offset lower consumer goods and automotive vehicles 

prices. Overall nonagricultural prices rose 5.4 percent over the past year, the largest 12-month advance for 

the index since prices increased 5.8 percent in October 2011. 

-0.1

0.5

0.6

0.8

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0.5

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0.7

0.2

0.4

0.5

0.6

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0.5

1.0

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

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0.9

2.3

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2.8

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2.0

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

SELECTED JUNE HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Import prices from China recorded no change in June, after a 0.1-percent 

uptick the previous month. Prices for imports from China increased 0.5 percent over the past year, the 

largest 12-month advance for the index since a 0.6-percent rise between May 2013 and May 2014. In 

contrast, the price index for imports from Japan edged down 0.1 percent in June, the first monthly decline 

since the index fell 0.3 percent in October 2017. Import prices from the European Union, Canada, and 

Mexico all decreased in June, led in part by lower fuel prices. Prices for imports from the European Union 

and Canada decreased 0.3 percent, and the price index for imports from Mexico fell 0.5 percent. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 0.3 

percent in June following a 0.8-percent advance in May. Higher prices for metals and paper drove the June 

advance. 

 

Finished Goods: Prices for each of the major finished goods areas decreased in June. Consumer goods 

prices fell 0.3 percent in June, the first monthly decline since the index decreased 0.1 percent in December 

2017 and the largest 1-month drop since the index fell 0.3 percent in November 2016. The price indexes for 

import capital goods and automotive vehicles each declined 0.1 percent in June. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices fell 2.6 percent in June, the largest 

monthly decline for the index since a 2.8-percent drop in February 2012. Falling prices for vegetables, fruit, 

and fish and shellfish all contributed to the decrease in June. 

Transportation Services: Import air passenger fares increased 7.3 percent in June, after decreasing 2.5 

percent the previous month. The June rise was driven by a 7.9-percent advance in European fares and a 

12.6-percent increase in Asian fares. The index for import air passenger fares advanced 4.8 percent over the 

past year. Prices for import air freight fell 1.0 percent in June and increased 17.1 percent over the past 12 

months. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 

materials rose 1.3 percent in June following a 1.8-percent advance the previous month. Both increases were 

led by higher fuel prices which rose 3.2 percent in June and 5.1 percent in May. 

Finished Goods: Export finished goods prices were mixed in June. Capital goods prices ticked up 0.1 

percent for the second consecutive month in June and have not recorded a monthly decline since the index 

edged down 0.1 percent in October 2016. In contrast, the price indexes for export consumer goods and 

automotive vehicles declined 0.1 percent in June. 

Transportation Services: Export air passenger fares rose 5.0 percent in June, after declining 0.7 percent in 

May and 3.7 percent in April. Higher European, Asian, and Latin American/Caribbean fares all contributed 

to the increase in June. Overall export air passenger fares rose 1.5 percent for the year ended in June. The 

price index for export air freight recorded no change in June and increased 1.4 percent over the past year. 

 

Import and Export Price Index data for July are scheduled for release on Tuesday, August 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 index and the export Locality of Destination 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. An example of the new format and tables will be provided before the September 

14 release date. 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: June 2017 to June

2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

All commodities................................... 100.000 128.2 127.7 4.3 -0.2 0.5 0.9 -0.4

All imports excluding food and fuels (Dec.

2010=100)........................................ 82.500 100.8 100.7 1.8 0.2 0.1 0.2 -0.1

All imports excluding petroleum.............. 89.177 113.9 113.6 1.4 0.0 0.1 0.1 -0.3

All imports excluding fuels (Dec.

2001=100)........................................ 88.567 118.1 117.8 1.5 0.1 0.1 0.2 -0.3

Foods, feeds, & beverages................... 0 6.066 183.0 178.3 -2.1 -0.9 -0.3 0.4 -2.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.763 200.7 195.5 -2.2 -1.4 -0.4 0.7 -2.6

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.303 143.1 139.6 -1.7 0.9 0.1 -0.3 -2.4

Industrial supplies & materials.............. 1 25.906 198.2 198.0 18.8 -0.6 2.0 3.1 -0.1

Industrial supplies & materials excluding

petroleum.................................... 15.140 159.3 159.9 8.0 0.6 0.6 0.1 0.4

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.462 182.5 183.1 9.1 1.0 0.6 0.8 0.3

Industrial supplies & materials, durable. . .. 9.263 174.7 175.5 10.7 1.2 0.3 1.4 0.5

Industrial supplies & materials nondurable

excluding petroleum....................... 5.820 139.9 140.2 3.9 -0.4 0.8 -2.0 0.2

Fuels & lubricants............................. 10 11.433 224.3 222.7 33.8 -2.6 3.9 6.1 -0.7

Petroleum & petroleum products......... 100 10.823 248.1 246.2 37.8 -2.4 4.2 7.4 -0.8

Crude........................................ 10000 7.851 263.4 256.7 42.5 -1.9 5.6 8.4 -2.5

Fuels, n.e.s.-coals & gas.................. 101 0.428 85.3 85.9 -16.8 -7.4 -1.0 -16.9 0.7

Gas-natural.................................. 10110 0.270 62.9 59.1 -27.8 -10.4 -1.9 -24.7 -6.0

Paper & paper base stocks.................. 11 0.565 116.7 120.1 11.9 0.4 2.9 0.2 2.9

Materials associated with nondurable

supplies & materials....................... 12 4.707 162.9 162.7 5.7 0.4 0.8 -0.5 -0.1

Selected building materials.................. 13 1.712 162.1 162.3 11.3 3.1 1.0 1.9 0.1

Unfinished metals related to durable

goods........................................ 14 4.009 243.9 245.4 14.6 1.0 0.5 1.6 0.6

Finished metals related to durable

goods........................................ 15 1.827 164.5 164.7 9.5 0.7 -0.4 1.8 0.1

Nonmetals related to durable goods. . . . . .. 16 1.653 112.2 113.2 3.7 0.7 0.4 0.1 0.9

Capital goods................................... 2 26.472 89.6 89.5 0.6 0.1 0.0 -0.1 -0.1

Electric generating equipment............... 20 3.219 118.2 117.9 1.4 0.0 0.1 0.3 -0.3

Nonelectrical machinery...................... 21 21.036 82.1 81.9 0.5 0.2 0.0 -0.1 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.217 135.1 135.0 0.4 -0.1 -0.1 -0.3 -0.1

Automotive vehicles, parts & engines..... 3 15.649 110.5 110.4 0.0 -0.2 0.0 -0.1 -0.1

Consumer goods, excluding

automotives.................................. 4 25.907 107.5 107.2 0.3 0.0 0.1 0.1 -0.3

Nondurables, manufactured................. 40 12.698 122.7 122.4 0.6 0.0 0.1 0.4 -0.2

Durables, manufactured...................... 41 11.902 93.1 92.9 -0.1 0.2 0.0 -0.2 -0.2

Nonmanufactured consumer goods. . . . . . .. 42 1.306 117.4 114.9 -0.1 -2.6 0.7 0.7 -2.1

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

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

2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

All commodities................................... 100.000 127.7 128.1 5.3 0.4 0.5 0.6 0.3

Agricultural commodities....................... 10.144 186.1 184.3 5.4 3.2 -1.1 1.6 -1.0

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.581 101.8 101.8 3.1 0.2 0.4 0.2 0.0

Nonagricultural commodities.................. 89.856 123.3 123.8 5.4 0.1 0.7 0.6 0.4

Foods, feeds, & beverages................... 0 9.442 186.9 185.2 4.9 3.3 -1.2 1.0 -0.9

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.813 185.6 184.1 4.7 3.2 -1.4 1.5 -0.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.629 214.3 207.9 8.0 4.0 1.7 -4.7 -3.0

Industrial supplies & materials.............. 1 31.816 162.7 164.6 13.2 0.0 1.1 1.8 1.2

Industrial supplies & materials, durable. . .. 10.484 168.3 168.9 7.4 0.5 0.5 0.0 0.4

Industrial supplies & materials,

nondurable.................................. 21.332 160.4 162.8 16.3 -0.3 1.4 2.8 1.5

Agricultural industrial supplies &

materials..................................... 10 1.331 196.4 192.2 10.3 2.8 0.7 2.7 -2.1

Nonagricultural industrial supplies &

materials...................................... 30.485 161.6 163.7 13.3 -0.1 1.1 1.8 1.3

Fuels & lubricants............................. 11 9.977 200.1 206.6 28.5 -1.8 2.8 5.1 3.2

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.489 160.9 161.4 7.5 0.7 0.4 0.2 0.3

Selected building materials.................. 13 1.020 124.8 125.8 5.1 0.5 0.6 0.6 0.8

Capital goods................................... 2 36.287 109.7 109.8 1.9 0.0 0.6 0.1 0.1

Electrical generating equipment............. 20 3.870 117.1 117.7 4.5 0.5 0.9 0.5 0.5

Nonelectrical machinery...................... 21 23.338 94.7 94.7 1.1 -0.1 0.4 0.0 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.079 176.2 176.4 3.5 0.2 0.6 0.2 0.1

Automotive vehicles, parts & engines..... 3 10.028 114.3 114.2 0.9 0.1 0.2 0.1 -0.1

Consumer goods, excluding

automotives.................................. 4 12.426 110.0 109.9 1.3 0.0 0.2 0.0 -0.1

Nondurables, manufactured................. 40 6.068 107.0 106.6 2.2 0.3 0.5 -0.1 -0.4

Durables, manufactured...................... 41 4.937 107.4 107.6 0.4 -0.1 -0.2 0.0 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

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

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

Nonmanufacturing................................ 10.378 120.0 115.9 25.2 -2.8 3.5 5.4 -3.4

Agriculture, forestry, fishing and

hunting........................................ 11 2.019 186.0 172.8 -7.9 -4.1 -1.2 0.6 -7.1

Crop production............................... 111 1.632 199.3 184.3 -8.6 -5.7 -1.3 1.7 -7.5

Animal production (Dec. 2014=100)........ 112 0.198 80.6 75.1 -8.1 0.8 -1.4 1.4 -6.8

Mining............................................ 21 8.359 113.4 110.6 36.2 -2.5 4.8 6.6 -2.5

Oil and gas extraction........................ 211 8.125 113.7 110.7 38.0 -2.6 5.0 6.8 -2.6

Manufacturing..................................... 89.335 112.6 112.6 2.4 0.0 0.3 0.3 0.0

Manufacturing, part 1......................... 31 11.278 125.6 125.3 0.7 0.1 0.2 0.2 -0.2

Food manufacturing.......................... 311 3.420 158.7 156.5 -0.1 0.2 0.3 0.3 -1.4

Beverage and tobacco product

manufacturing............................... 312 1.090 121.6 121.8 2.6 0.2 0.6 0.2 0.2

Textile mills (Dec. 2011=100)............... 313 0.380 100.2 100.2 2.0 0.1 0.1 -0.3 0.0

Textile product mills.......................... 314 0.917 110.1 109.8 1.1 0.5 -0.1 0.4 -0.3

Apparel manufacturing....................... 315 3.813 111.5 111.8 0.8 -0.1 0.1 0.1 0.3

Leather and allied product

manufacturing............................... 316 1.657 123.4 123.5 0.3 0.0 0.0 0.5 0.1

Manufacturing, part 2......................... 32 18.293 127.9 128.6 7.0 -0.2 0.8 1.0 0.5

Wood product manufacturing................ 321 1.088 147.6 147.5 16.6 4.1 1.2 3.1 -0.1

Paper manufacturing......................... 322 1.020 109.6 112.4 6.9 0.3 1.7 0.2 2.6

Printing and related support activities

(Dec. 2016=100)........................... 323 0.208 100.8 103.7 3.7 0.1 0.6 -0.1 2.9

Petroleum and coal products

manufacturing............................... 324 2.711 99.8 103.9 27.6 -3.0 1.4 4.8 4.1

Chemical manufacturing..................... 325 10.107 140.7 140.0 3.2 0.1 0.5 0.4 -0.5

Plastics and rubber products

manufacturing............................... 326 2.180 119.7 119.6 1.5 0.2 0.4 0.1 -0.1

Nonmetallic mineral product

manufacturing............................... 327 0.980 130.5 130.5 1.7 0.5 0.2 0.2 0.0

Manufacturing, part 3......................... 33 59.763 105.2 105.1 1.4 0.2 0.0 0.1 -0.1

Primary metal manufacturing................ 331 4.579 162.1 162.9 14.6 1.0 0.5 2.1 0.5

Fabricated metal product manufacturing... 332 3.093 128.4 128.2 4.5 0.6 -0.2 0.3 -0.2

Machinery manufacturing.................... 333 6.729 118.9 118.7 1.9 0.3 0.1 0.0 -0.2

Computer and electronic product

manufacturing............................... 334 16.828 75.3 75.2 -0.9 0.0 0.0 -0.4 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.870 116.2 115.9 1.2 0.0 0.2 0.3 -0.3

Transportation equipment manufacturing... 336 16.613 109.5 109.5 0.1 -0.2 0.0 -0.2 0.0

Furniture and related product

manufacturing............................... 337 1.757 116.9 117.3 1.7 0.5 -0.1 0.3 0.3

Miscellaneous manufacturing............... 339 5.295 119.1 119.0 1.3 0.3 0.1 0.2 -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: June 2017 to June 2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

Nonmanufacturing................................ 8.599 142.9 145.5 13.2 3.6 -1.5 2.1 1.8

Agriculture, forestry, fishing and

hunting........................................ 11 5.367 164.4 161.7 8.9 5.8 -1.9 1.7 -1.6

Crop production............................... 111 4.962 171.2 168.4 9.1 6.1 -2.3 2.5 -1.6

Mining............................................ 21 3.232 89.5 96.2 20.1 0.0 -0.6 2.6 7.5

Mining (except oil and gas).................. 212 1.168 116.3 116.2 15.4 0.9 1.2 2.5 -0.1

Manufacturing..................................... 89.792 117.2 117.4 4.8 0.1 0.7 0.6 0.2

Manufacturing, part 1......................... 31 6.954 141.7 141.4 2.4 0.6 0.1 0.5 -0.2

Food manufacturing.......................... 311 4.731 159.2 158.9 1.3 0.4 -0.1 0.2 -0.2

Beverage and tobacco product

manufacturing............................... 312 0.724 127.0 125.5 13.3 1.9 1.5 3.4 -1.2

Textile mills (Dec. 2016=100)............... 313 0.632 103.8 104.9 3.7 0.5 0.9 0.0 1.1

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.262 95.6 94.6 -4.3 -0.4 -0.5 -1.0 -1.0

Manufacturing, part 2......................... 32 25.541 118.7 119.1 12.5 -0.2 1.3 1.8 0.3

Wood product manufacturing (Dec.

2017=100)................................... 321 0.545 105.2 106.0 – 1.2 0.9 0.5 0.8

Paper manufacturing......................... 322 1.691 130.7 130.8 11.0 0.9 1.7 1.6 0.1

Petroleum and coal products

manufacturing............................... 324 6.813 121.3 122.4 35.2 -2.8 4.5 6.2 0.9

Chemical manufacturing..................... 325 13.214 119.4 119.4 6.2 0.8 0.1 0.2 0.0

Plastics and rubber products

manufacturing............................... 326 2.210 115.2 115.3 1.1 0.3 0.1 0.2 0.1

Nonmetallic mineral product

manufacturing............................... 327 0.826 117.0 116.9 3.1 1.1 0.3 0.1 -0.1

Manufacturing, part 3......................... 33 57.297 114.1 114.2 2.1 0.1 0.5 0.1 0.1

Primary metal manufacturing................ 331 3.953 147.3 147.8 7.5 0.4 1.2 -0.1 0.3

Fabricated metal product manufacturing... 332 3.009 140.1 140.2 1.4 -0.1 1.1 0.1 0.1

Machinery manufacturing.................... 333 8.875 127.0 127.0 1.2 -0.1 1.0 -0.1 0.0

Computer and electronic product

manufacturing............................... 334 13.919 83.4 83.2 0.6 -0.2 0.4 0.0 -0.2

Electrical equipment, appliance, and

component manufacturing................. 335 3.823 117.5 118.8 5.0 0.6 0.7 0.7 1.1

Transportation equipment manufacturing... 336 18.015 126.9 127.0 2.1 0.2 0.3 0.2 0.1

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.396 118.7 119.0 1.3 0.0 -0.1 0.0 0.3

Miscellaneous manufacturing............... 339 5.308 120.0 120.5 1.6 -0.1 0.0 -0.1 0.4

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: June 2017 to June

2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

Live animals; animal products................. I 1.387 198.0 191.5 -3.4 1.1 -0.9 0.3 -3.3

Meat and edible meat offal..................... 02 0.376 251.7 250.1 -1.9 0.7 -1.3 0.8 -0.6

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.718 144.6 137.3 -4.6 1.4 -0.1 0.2 -5.0

Vegetable products............................... II 1.982 217.9 202.3 -9.1 -5.5 -1.9 1.0 -7.2

Edible vegetables, roots, and tubers.......... 07 0.410 424.8 357.4 -23.6 -10.5 -10.1 -2.2 -15.9

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.853 131.6 125.1 -7.1 -3.7 0.7 2.3 -4.9

Coffee, tea, mate and spices.................. 09 0.338 217.5 218.0 -3.8 0.2 -0.6 0.8 0.2

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.273 104.9 100.2 -13.0 -2.2 -2.1 -3.0 -4.5

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.805 167.8 167.3 4.1 0.7 1.5 0.5 -0.3

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.194 88.1 88.0 1.6 -0.9 -1.0 -0.9 -0.1

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.214 103.7 101.5 5.3 4.7 1.7 2.3 -2.1

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.363 170.0 171.3 3.9 0.7 -0.4 0.9 0.8

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.204 102.0 102.0 – 0.8 0.1 0.0 0.0

Beverages, spirits, and vinegar................ 22 1.033 131.8 132.0 2.8 0.3 0.6 0.2 0.2

Mineral products.................................. V 11.234 224.1 222.7 33.7 -2.4 3.9 6.2 -0.6

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.983 222.0 220.6 34.7 -2.6 4.1 6.3 -0.6

Products of the chemical or allied

industries........................................ VI 9.435 158.0 157.1 3.4 0.0 0.4 0.2 -0.6

Inorganic chemicals............................. 28 0.590 301.9 300.0 7.1 -1.1 1.6 -4.3 -0.6

Organic chemicals............................... 29 2.406 132.8 132.4 7.1 0.0 1.4 0.5 -0.3

Pharmaceutical products....................... 30 4.443 152.4 151.0 1.2 -0.2 0.2 0.7 -0.9

Fertilizers (Dec. 2009=100).................... 31 0.261 81.9 82.3 12.3 -0.1 -0.1 2.4 0.5

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.181 107.2 108.0 -0.6 0.3 -0.2 -0.2 0.7

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.574 103.3 102.6 3.3 0.2 -0.2 -0.3 -0.7

Miscellaneous chemical products............. 38 0.632 107.0 107.0 3.0 1.4 -0.5 -0.2 0.0

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.374 140.9 141.6 1.6 0.1 0.1 -0.1 0.5

Plastics and articles thereof.................... 39 2.211 143.2 144.5 2.5 0.1 -0.2 -0.1 0.9

Rubber and articles thereof.................... 40 1.164 138.2 137.8 -0.2 0.2 0.5 -0.3 -0.3

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.633 125.9 125.9 1.9 0.2 0.0 1.1 0.0

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.599 131.6 131.5 2.1 0.2 0.1 1.2 -0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.123 179.7 179.7 16.5 4.4 1.2 3.0 0.0

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 1.100 124.3 124.3 16.9 4.5 1.3 3.1 0.0

Woodpulp, recovered paper, and paper

products......................................... X 1.079 116.0 118.8 7.5 0.3 1.8 0.3 2.4

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.708 107.0 109.0 5.8 0.2 1.3 0.3 1.9

See footnotes at end of table.

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

2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

Printed matter (Dec. 2015=100)............... 49 0.205 106.7 110.6 4.3 0.0 0.8 -0.1 3.7

Textile and textile articles....................... XI 4.965 114.4 114.5 1.2 0.3 0.1 0.0 0.1

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 1.985 104.1 104.4 0.9 -0.1 0.0 0.1 0.3

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.677 119.5 120.0 0.9 0.1 0.1 0.1 0.4

Made-up or worn textile articles............... 63 0.632 104.2 103.9 0.2 0.1 0.0 0.0 -0.3

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.366 122.0 122.3 0.0 0.2 0.0 0.0 0.2

Footwear and parts of such articles........... 64 1.142 120.8 121.2 -0.2 0.0 0.0 0.0 0.3

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.920 132.2 132.2 1.7 0.7 0.2 0.1 0.0

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.330 99.7 100.4 4.0 1.4 0.1 0.2 0.7

Ceramic products................................ 69 0.254 135.2 135.1 -0.7 -0.1 0.4 0.1 -0.1

Glass and glassware............................ 70 0.335 132.3 131.4 1.1 0.5 0.0 -0.1 -0.7

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.045 173.8 174.2 2.1 -0.2 -0.1 -0.4 0.2

Base metals and articles of base metals. . .. XV 5.699 185.0 185.9 11.4 1.0 0.4 1.9 0.5

Iron and steel.................................... 72 1.359 231.4 230.8 17.5 2.6 3.7 1.5 -0.3

Articles of iron or steel.......................... 73 1.601 153.1 153.6 6.7 1.1 -0.2 0.3 0.3

Copper and articles thereof.................... 74 0.438 319.0 328.6 23.5 -1.0 -1.6 8.0 3.0

Aluminum and articles thereof................. 76 0.972 144.0 144.0 12.1 1.0 -1.7 5.1 0.0

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.415 123.1 122.9 0.4 0.4 0.0 0.2 -0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.513 137.6 136.9 0.3 0.1 0.1 0.1 -0.5

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.634 80.7 80.5 0.1 0.1 0.0 -0.1 -0.2

Machinery and mechanical appliances;

parts thereof................................... 84 14.021 87.0 86.9 1.3 0.2 0.0 -0.1 -0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.613 74.8 74.6 -0.9 0.0 0.0 -0.1 -0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.858 114.3 114.3 0.2 -0.2 0.0 -0.2 0.0

Motor vehicles and their parts................. 87 12.671 113.4 113.3 0.2 -0.2 0.0 0.0 -0.1

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.097 115.5 115.6 -0.3 -0.1 0.1 -0.8 0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.836 103.1 102.8 1.4 0.1 -0.2 -0.2 -0.3

Optical, photographic, measuring and

medical instruments.......................... 90 3.548 99.6 99.4 1.4 -0.1 -0.2 -0.2 -0.2

Clocks and watches and parts thereof. . . . . .. 91 0.228 143.8 141.5 -0.7 2.8 -0.7 -1.2 -1.6

Miscellaneous manufactured articles......... XX 4.265 112.2 112.4 1.4 0.2 0.1 0.3 0.2

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.688 118.1 118.2 1.5 0.3 0.0 0.3 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.297 102.6 102.6 1.2 0.1 0.2 0.5 0.0

Miscellaneous manufactured articles. . . . . . . .. 96 0.279 128.6 128.9 -0.6 0.0 0.0 0.0 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

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

2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

Live animals; animal products................. I 1.929 209.2 208.0 0.4 1.2 0.2 -1.0 -0.6

Meat & edible meat offal (Dec. 2006=100)... 02 1.168 166.2 164.5 -1.5 0.7 -0.8 -0.8 -1.0

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.415 118.1 114.3 10.6 4.0 2.1 -5.3 -3.2

Dairy products, eggs and honey (Dec.

2017=100)..................................... 04 0.270 99.4 103.9 – -0.1 1.0 4.6 4.5

Vegetable products............................... II 4.953 206.3 203.6 8.8 5.7 -2.1 2.1 -1.3

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.875 139.4 143.3 7.6 1.8 -1.1 -5.6 2.8

Cereals............................................ 10 1.556 208.4 202.8 14.3 4.8 -1.8 5.5 -2.7

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.068 217.0 212.3 11.5 6.6 -1.7 1.6 -2.2

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.120 154.8 153.9 4.2 1.0 -0.3 1.3 -0.6

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.346 118.4 118.2 1.0 0.3 0.1 0.1 -0.2

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.564 97.3 97.9 – -1.7 -3.8 0.0 0.6

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.537 111.0 110.7 -0.4 1.8 0.6 1.4 -0.3

Residues and waste from the food

industries; prepared animal feed............ 23 0.784 234.5 229.0 19.0 4.8 1.6 4.3 -2.3

Mineral products.................................. V 10.365 240.7 248.4 30.2 -1.8 2.6 5.0 3.2

Ores, slag and ash (Dec. 2012=100)......... 26 0.552 110.0 109.8 22.0 -0.4 -1.8 -0.6 -0.2

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 9.638 231.5 239.5 31.3 -1.9 3.0 5.4 3.5

Products of the chemical or allied

industries........................................ VI 10.681 138.6 138.2 4.1 0.5 -0.3 0.1 -0.3

Inorganic chemicals............................. 28 0.736 166.7 166.8 4.1 0.4 0.0 -0.6 0.1

Organic chemicals............................... 29 2.469 141.2 141.5 9.1 1.2 -2.5 0.0 0.2

Pharmaceutical products....................... 30 3.218 108.0 107.1 2.2 0.3 0.5 0.1 -0.8

Fertilizers (Dec. 2016=100).................... 31 0.260 122.5 120.3 11.6 1.0 3.2 0.5 -1.8

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.530 102.7 102.3 1.9 0.4 0.5 1.2 -0.4

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.802 130.4 130.9 -1.3 0.2 0.5 -0.8 0.4

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.488 119.2 119.4 6.1 0.7 0.3 -0.3 0.2

Miscellaneous chemical products............. 38 1.796 152.3 152.1 5.7 0.2 0.5 0.3 -0.1

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.150 144.4 144.9 5.7 1.3 0.5 0.1 0.3

Plastics and articles thereof.................... 39 4.266 140.7 141.3 6.7 1.1 0.5 0.0 0.4

Rubber and articles thereof.................... 40 0.884 159.2 159.2 1.4 2.3 0.3 1.0 0.0

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.687 107.3 108.0 12.3 1.0 0.6 0.8 0.7

Woodpulp, recovered paper, and paper

products......................................... X 2.070 132.8 133.7 4.5 -0.2 2.9 1.8 0.7

Woodpulp and recovered paper............... 47 0.640 140.1 142.6 -0.8 -1.4 4.8 3.5 1.8

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.097 129.2 129.0 7.1 0.2 2.0 1.5 -0.2

Printed material (Dec. 2014=100)............. 49 0.333 107.5 108.4 6.8 0.0 2.9 0.0 0.8

Textile and textile articles....................... XI 1.702 126.9 126.2 5.0 2.4 0.1 1.2 -0.6

See footnotes at end of table.

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

2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

May

2018 to

June

2018

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.487 145.4 141.6 11.1 6.8 0.3 2.8 -2.6

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.799 124.2 124.2 1.2 0.2 0.1 0.1 0.0

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.268 102.2 102.1 1.0 0.3 0.2 0.1 -0.1

Glass and glassware............................ 70 0.408 99.3 99.3 0.7 0.1 0.1 0.0 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.048 238.4 238.8 2.3 -0.4 0.2 -0.9 0.2

Base metals and articles of base metals. . .. XV 4.986 164.2 165.1 9.1 0.9 1.2 0.2 0.5

Iron and steel.................................... 72 1.124 182.1 182.2 18.6 4.2 4.2 -0.1 0.1

Copper and articles thereof.................... 74 0.555 197.2 206.6 23.3 -1.3 -0.7 -1.8 4.8

Aluminum and articles thereof................. 76 0.989 123.9 123.8 11.2 0.6 -1.6 2.8 -0.1

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.313 99.9 99.9 0.4 0.0 0.3 0.0 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.340 152.4 153.0 3.4 0.3 0.5 0.3 0.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.351 97.5 97.6 1.6 0.0 0.5 0.2 0.1

Machinery and mechanical appliances;

parts thereof................................... 84 15.698 115.0 115.0 1.1 0.0 0.7 0.1 0.0

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.653 78.7 78.8 2.3 -0.1 0.5 0.4 0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.185 135.2 135.2 1.9 0.1 0.2 0.1 0.0

Motor vehicles and their parts................. 87 8.240 116.4 116.3 1.0 0.1 0.2 0.1 -0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.916 109.4 109.3 2.8 0.2 -0.1 0.1 -0.1

Miscellaneous manufactured articles......... XX 1.382 112.1 112.1 -0.3 0.0 0.0 -0.2 0.0

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.807 128.5 128.6 0.2 0.0 -0.1 -0.3 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.414 87.5 87.5 -1.4 -0.1 -0.3 -0.1 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

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

[2000=100, unless otherwise noted]

Description

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June 2017

to June

2018

Feb. 2018

to Mar.

2018

Mar. 2018

to Apr.

2018

Apr. 2018

to May

2018

May 2018

to June

2018

Industrialized Countries2

.................... 100.000 126.2 125.8 5.6 -0.2 0.8 1.2 -0.3

Nonmanufacturing........................... 9.368 166.4 161.5 22.4 -2.9 5.1 8.3 -2.9

Manufacturing................................ 90.076 122.3 122.3 3.9 0.1 0.4 0.5 0.0

Canada.......................................... 100.000 137.1 136.7 10.7 -0.5 1.5 3.1 -0.3

Nonmanufacturing........................... 24.871 159.2 153.7 22.3 -2.9 5.3 9.0 -3.5

Manufacturing................................ 74.187 134.7 135.6 6.9 0.2 0.4 1.4 0.7

European Union3

.............................. 100.000 137.8 137.4 3.5 0.0 0.6 0.4 -0.3

Manufacturing................................ 98.905 134.1 133.8 3.3 0.0 0.5 0.3 -0.2

France (Dec. 2003=100)...................... 100.000 129.2 128.6 5.0 0.0 0.2 0.4 -0.5

Germany (Dec. 2003=100)................... 100.000 112.4 112.1 -1.8 -0.2 0.4 0.0 -0.3

United Kingdom (Dec. 2003=100).......... 100.000 121.9 122.2 3.9 0.4 0.2 0.4 0.2

Latin America4

................................. 100.000 152.3 150.9 5.8 -0.7 0.6 1.0 -0.9

Nonmanufacturing........................... 19.531 277.2 267.2 22.6 -3.6 3.0 4.7 -3.6

Manufacturing................................ 80.199 123.1 122.8 2.2 0.0 0.1 0.1 -0.2

Mexico (Dec. 2003=100)...................... 100.000 129.2 128.6 1.5 -0.2 -0.1 0.4 -0.5

Nonmanufacturing (Dec. 2008=100). . . . .. 9.093 139.5 132.2 6.6 -1.2 0.1 4.7 -5.2

Manufacturing (Dec. 2008=100)........... 90.659 88.8 88.8 0.9 -0.2 -0.1 0.0 0.0

Pacific Rim (Dec. 2003=100)5

............... 100.000 99.3 99.3 0.9 0.2 0.3 0.1 0.0

China (Dec. 2003=100)....................... 100.000 100.5 100.5 0.5 0.2 0.0 0.1 0.0

Japan............................................ 100.000 96.5 96.4 0.1 0.2 0.1 0.0 -0.1

Asian NICs6

..................................... 100.000 89.6 89.5 3.9 0.5 0.5 0.4 -0.1

ASEAN (Dec. 2003=100)7

.................... 100.000 98.7 98.6 0.6 0.0 0.2 0.2 -0.1

Asia Near East (Dec. 2003=100)8

........... 100.000 185.4 183.0 22.9 -0.2 1.3 2.1 -1.3

1 Relative importance figures are based on 2016 trade values.

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

3 European Union countries.

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

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

Countries.

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

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

8 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: June 2017

to June 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

May

20181

Index Percent change

May

2018

June

2018

Annual Monthly

June

2017 to

June

2018

Feb. 2018

to Mar.

2018

Mar. 2018

to Apr.

2018

Apr. 2018

to May

2018

May 2018

to June

2018

Air Freight

Import Air Freight.................................... 100.000 194.8 192.9 17.1 4.1 6.9 1.7 -1.0

Europe (Dec. 2003=100).......................... 24.037 154.3 149.4 7.5 0.9 1.3 1.3 -3.2

Asia.................................................. 64.148 189.0 188.4 24.0 6.6 10.2 2.2 -0.3

Export Air Freight................................... 100.000 164.1 164.1 1.4 2.0 0.3 0.7 0.0

Europe (Dec. 2006=100).......................... 32.716 147.8 148.9 1.4 -0.5 0.9 0.0 0.7

Inbound Air Freight................................. 100.000 175.7 175.3 13.0 1.7 4.7 1.5 -0.2

Europe (Dec. 2003=100).......................... 25.808 140.0 136.9 4.8 0.8 -0.1 1.2 -2.2

Asia.................................................. 59.169 166.5 167.4 16.4 2.6 7.7 2.0 0.5

Outbound Air Freight............................... 100.000 140.2 139.6 -1.0 3.4 -0.1 -1.4 -0.4

Europe (Dec. 2003=100).......................... 33.993 148.6 148.9 2.4 2.4 0.2 0.4 0.2

Asia.................................................. 41.986 132.0 131.2 -4.5 5.8 -0.4 -3.7 -0.6

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 177.4 190.4 4.8 -6.5 2.8 -2.5 7.3

Europe............................................... 42.432 202.9 218.9 10.9 -14.6 4.9 -5.0 7.9

Asia.................................................. 24.090 139.4 157.0 3.9 0.1 2.9 6.1 12.6

Latin America/Caribbean.......................... 9.218 153.7 160.7 -1.2 2.3 -0.3 -8.0 4.6

Export Air Passenger Fares....................... 100.000 151.4 158.9 1.5 3.5 -3.7 -0.7 5.0

Europe............................................... 30.539 199.8 212.5 2.3 2.2 -5.2 -0.1 6.4

Asia.................................................. 25.776 127.4 136.3 6.3 2.1 -5.5 2.2 7.0

Latin America/Caribbean.......................... 23.772 156.8 163.1 1.6 0.1 -1.1 -5.3 4.0

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

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.