U.S. IMPORT AND EXPORT PRICE INDEXES – MAY 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 

data have been temporarily removed from the BLS website and table 8 in the release and corrected 

data will be issued with the June release on July 13, 2018.) 

Prices for U.S. imports increased 0.6 percent for the second consecutive month in May, the U.S. Bureau of 

Labor Statistics reported today. Rising fuel and nonfuel prices contributed to the advances in both months. 

U.S. export prices rose 0.6 percent for the second consecutive month in May. 

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

 Percent change 

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

 Percent change 

-0.1 -0.2 -0.2

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0.8

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

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

Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Thursday, June 14, 2018 

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

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

USDL-18-0998
2 

All Imports: Import prices increased 0.6 percent in May, continuing the upward trend that began in August 

2017. The May advance followed a 0.6-percent rise the previous month. The price index for overall imports 

increased 4.3 percent for the year ended in May, the largest 12-month advance since the index rose 4.7 

percent in February 2017. The May over-the-year advance was largely driven by higher fuel prices although 

nonfuel prices also increased over the past year. 

Fuel Imports: Import fuel prices rose 4.9 percent in May, after a 4.1-percent advance in April. The May 

rise was the largest monthly increase since the index rose 9.8 percent in November 2017. In May, the 

advance in fuel prices was led by a 5.9-percent increase in petroleum prices which more than offset a 19.5-

percent drop in natural gas prices. Prices for import fuel increased 28.6 percent over the past 12 months, 

driven by a 31.9-percent rise in petroleum prices. In contrast, natural gas prices fell 18.5 percent over the 

past year. 

All Imports Excluding Fuel: Nonfuel import prices increased 0.2 percent for the second consecutive 

month in May and have not recorded a monthly decline since the index decreased 0.2 percent in December 

2017. The May advance was driven by higher prices for nonfuel industrial supplies and materials; consumer 

goods; and foods, feeds, and beverages. The price indexes for capital goods and automotive vehicles both 

fell in May. Nonfuel prices advanced 1.9 percent over the past year, primarily led by higher prices for 

nonfuel industrial supplies and materials. 

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

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

 Percent change 

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

 Percent change

All Exports: Prices for U.S. exports rose 0.6 percent for the second consecutive month in May, led by 

higher prices for both agricultural and nonagricultural exports. Export prices have not recorded a monthly 

decline since the index edged down 0.1 percent in June 2017. The price index for overall exports advanced 

4.9 percent between May 2017 and May 2018, the largest 12-month increase since the index rose 6.3 

percent in October 2011. 

Agricultural Exports: The price index for agricultural exports advanced 1.6 percent in May following a 

1.2-percent decline the previous month. The May increase was driven by a 10.1-percent advance in wheat 

prices, a 4.4-percent rise in corn prices, and a 1.8-percent increase in soybean prices. Prices for agricultural 

exports also rose over the past 12 months, advancing 4.9 percent. 

All Exports Excluding Agriculture: Nonagricultural export prices advanced 0.5 percent in May and have 

not recorded a monthly drop since the index fell 0.1 percent in October 2017. The increase was driven by 

higher prices for nonagricultural industrial supplies and materials, although rising prices for capital goods 

and automotive vehicles also contributed to the May rise. Prices for overall nonagricultural exports 

increased 4.9 percent for the year ended in May. 

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-0.1

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0.6

0.8

0.1

0.5

0.1

0.7

0.2

0.3

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-0.5

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0.5

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

1.4

0.6

0.9

2.3

2.8 2.7

3.1 2.8

3.3

3.1

3.4

3.7

4.9

0.0

1.0

2.0

3.0

4.0

5.0

6.0

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

SELECTED MAY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Prices for imports from China ticked up 0.1 percent in May, after falling 

0.1 percent the previous month. Import prices from China advanced 0.3 percent over the past 12 months, the 

largest over-the-year increase since the index rose 0.3 percent in July 2014. The price index for imports 

from Japan ticked up 0.1 percent in May, the same advance as recorded in April. Prices for imports from 

Japan increased 0.2 percent over the past year. Import prices from Canada, the European Union, and Mexico 

all rose in May, led in part by rising fuel prices. Import prices from Canada increased 1.9 percent, from the 

European Union 0.4 percent, and from Mexico 0.3 percent. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices rose 0.8 

percent in May following a 0.6-percent advance the previous month. In May, higher prices for metals and 

selected building materials more than offset lower chemicals prices. 

Finished Goods: Finished goods prices were mixed in May. Prices for capital goods and automotive 

vehicles each edged down 0.1 percent. The decline in capital goods prices was the first monthly drop since a 

0.1-percent decrease in November 2017. In contrast, prices for consumer goods ticked up 0.1 percent, led by 

higher prices for medicinal, dental, and pharmaceutical materials. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices increased 0.4 percent in May, after 

falling 0.3 percent in April. Rising prices for fruit and grains were the largest contributors to the May 

advance. 

Transportation Services: Import air passenger fares declined 2.5 percent in May following a 2.8-percent 

rise in April. The May decrease was driven by lower European and Latin American/Caribbean fares which 

more than offset rising Asian fares. Despite the May decrease, import air passenger fares rose 1.2 percent 

over the past 12 months. The price index for import air freight advanced 1.6 percent in May and 18.2 

percent over the past year. 

Export Prices 

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

supplies and materials advanced 1.6 percent in May, after rising 1.3 percent in April. Both increases were 

led by advancing fuel prices which rose 4.6 percent in May and 3.4 percent the previous month. 

Finished Goods: Export finished goods prices recorded little movement in May. Capital goods prices ticked 

up 0.1 percent following a 0.6-percent rise in April. Prices for capital goods have not recorded a monthly 

decline since the index edged down 0.1 percent in October 2016. The price index for export automotive 

vehicles also rose 0.1 percent in May. In contrast, consumer goods prices fell 0.1 percent. 

Transportation Services: Prices for export air freight rose 0.7 percent in May and 3.0 percent over the past 

12 months. 

 

Import and Export Price Index data for June are scheduled for release on Friday, July 13, 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 of 

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: May 2017 to May

2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

All commodities................................... 100.000 127.2 128.0 4.3 0.2 -0.2 0.6 0.6

All imports excluding food and fuels (Dec.

2010=100)........................................ 83.042 100.6 100.8 1.9 0.4 0.2 0.1 0.2

All imports excluding petroleum.............. 89.831 113.8 113.9 1.8 0.4 0.0 0.1 0.1

All imports excluding fuels (Dec.

2001=100)........................................ 89.128 118.0 118.2 1.9 0.4 0.1 0.2 0.2

Foods, feeds, & beverages................... 0 6.086 182.2 183.0 1.6 1.2 -0.9 -0.3 0.4

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.770 199.4 200.7 1.7 1.2 -1.4 -0.4 0.7

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.316 143.5 143.2 1.1 0.9 0.8 0.2 -0.2

Industrial supplies & materials.............. 1 25.347 192.4 197.3 16.7 -0.3 -0.6 2.1 2.5

Industrial supplies & materials excluding

petroleum.................................... 15.246 159.2 159.5 7.6 0.1 0.6 0.6 0.2

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.464 181.1 182.5 8.8 0.8 1.0 0.6 0.8

Industrial supplies & materials, durable. . .. 9.202 172.3 174.7 10.4 0.9 1.2 0.3 1.4

Industrial supplies & materials nondurable

excluding petroleum....................... 5.976 142.8 140.4 3.6 -0.9 -0.4 0.8 -1.7

Fuels & lubricants............................. 10 10.872 211.7 222.0 28.6 -1.8 -2.7 4.1 4.9

Petroleum & petroleum products......... 100 10.169 231.3 245.0 31.9 -1.1 -2.5 4.4 5.9

Crude........................................ 10000 7.321 243.7 260.0 36.0 -2.6 -2.0 5.9 6.7

Fuels, n.e.s.-coals & gas.................. 101 0.520 102.7 88.9 -14.4 -13.2 -7.4 -1.0 -13.4

Gas-natural.................................. 10110 0.361 83.5 67.2 -18.5 -15.6 -10.4 -1.9 -19.5

Paper & paper base stocks.................. 11 0.568 116.4 117.0 9.4 1.3 0.4 2.9 0.5

Materials associated with nondurable

supplies & materials....................... 12 4.767 163.7 162.8 5.3 0.8 0.4 0.8 -0.5

Selected building materials.................. 13 1.692 159.0 162.1 10.5 1.6 3.1 1.0 1.9

Unfinished metals related to durable

goods........................................ 14 3.976 240.0 243.9 14.2 0.9 1.0 0.5 1.6

Finished metals related to durable

goods........................................ 15 1.808 161.6 164.6 10.2 0.5 0.7 -0.4 1.9

Nonmetals related to durable goods. . . . . .. 16 1.664 112.0 112.2 2.8 0.2 0.7 0.4 0.2

Capital goods................................... 2 26.697 89.7 89.6 0.9 0.3 0.1 0.0 -0.1

Electric generating equipment............... 20 3.232 117.8 118.0 1.6 0.6 0.0 0.1 0.2

Nonelectrical machinery...................... 21 21.223 82.2 82.1 1.0 0.2 0.2 0.0 -0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.242 135.5 135.0 0.4 0.1 -0.1 -0.1 -0.4

Automotive vehicles, parts & engines..... 3 15.780 110.6 110.5 -0.1 0.1 -0.2 0.0 -0.1

Consumer goods, excluding

automotives.................................. 4 26.090 107.5 107.6 0.7 0.5 0.0 0.2 0.1

Nondurables, manufactured................. 40 12.763 122.4 123.0 1.2 0.6 0.0 0.2 0.5

Durables, manufactured...................... 41 12.020 93.3 93.1 0.1 0.2 0.2 0.0 -0.2

Nonmanufactured consumer goods. . . . . . .. 42 1.308 116.6 117.4 0.9 2.8 -2.6 0.7 0.7

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: May 2017 to May

2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

All commodities................................... 100.000 126.9 127.7 4.9 0.2 0.3 0.6 0.6

Agricultural commodities....................... 10.051 183.1 186.1 4.9 0.6 3.2 -1.2 1.6

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.997 101.6 101.7 3.0 0.5 0.2 0.4 0.1

Nonagricultural commodities.................. 89.949 122.6 123.2 4.9 0.2 0.0 0.7 0.5

Foods, feeds, & beverages................... 0 9.411 185.0 186.8 4.2 0.6 3.4 -1.2 1.0

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.746 182.9 185.5 4.0 0.5 3.3 -1.4 1.4

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.665 224.8 213.9 7.6 2.2 4.0 1.6 -4.8

Industrial supplies & materials.............. 1 31.493 159.9 162.5 11.7 0.2 -0.1 1.3 1.6

Industrial supplies & materials, durable. . .. 10.570 168.5 168.4 6.5 1.2 0.5 0.7 -0.1

Industrial supplies & materials,

nondurable.................................. 20.923 156.2 160.1 14.6 -0.3 -0.3 1.6 2.5

Agricultural industrial supplies &

materials..................................... 10 1.305 191.2 196.3 11.2 1.0 2.8 0.7 2.7

Nonagricultural industrial supplies &

materials...................................... 30.188 158.9 161.5 11.8 0.2 -0.2 1.3 1.6

Fuels & lubricants............................. 11 9.593 191.0 199.7 24.2 -2.0 -2.0 3.4 4.6

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.575 160.5 160.8 7.1 1.3 0.7 0.3 0.2

Selected building materials.................. 13 1.021 124.0 124.7 3.7 1.0 0.5 0.6 0.6

Capital goods................................... 2 36.493 109.6 109.7 2.0 0.1 0.0 0.6 0.1

Electrical generating equipment............. 20 3.878 116.5 117.2 3.9 -0.4 0.5 0.9 0.6

Nonelectrical machinery...................... 21 23.504 94.7 94.8 1.2 -0.1 -0.1 0.4 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.112 175.6 176.1 3.4 0.6 0.2 0.6 0.3

Automotive vehicles, parts & engines..... 3 10.088 114.1 114.2 0.8 0.2 0.1 0.1 0.1

Consumer goods, excluding

automotives.................................. 4 12.516 110.0 109.9 1.5 0.3 0.0 0.2 -0.1

Nondurables, manufactured................. 40 6.115 107.1 107.0 2.7 0.3 0.3 0.5 -0.1

Durables, manufactured...................... 41 4.968 107.4 107.3 0.4 0.1 -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

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

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

Nonmanufacturing................................ 9.941 114.0 119.0 24.2 -1.8 -2.8 3.6 4.4

Agriculture, forestry, fishing and

hunting........................................ 11 2.023 184.9 186.1 0.4 3.4 -4.0 -1.3 0.6

Crop production............................... 111 1.619 196.1 199.5 0.8 3.9 -5.7 -1.3 1.7

Animal production (Dec. 2014=100)........ 112 0.196 79.3 80.5 0.1 1.8 0.6 -1.5 1.5

Mining............................................ 21 7.918 106.6 112.3 31.7 -3.2 -2.6 5.1 5.3

Oil and gas extraction........................ 211 7.682 106.7 112.6 32.9 -3.3 -2.6 5.2 5.5

Manufacturing..................................... 89.767 112.3 112.6 2.5 0.5 0.1 0.2 0.3

Manufacturing, part 1......................... 31 11.334 125.3 125.6 1.2 0.2 0.1 0.2 0.2

Food manufacturing.......................... 311 3.437 158.3 159.0 2.1 0.5 0.2 0.4 0.4

Beverage and tobacco product

manufacturing............................... 312 1.092 120.8 120.8 2.0 0.2 0.1 0.3 0.0

Textile mills (Dec. 2011=100)............... 313 0.384 100.5 100.0 1.8 0.3 0.1 0.1 -0.5

Textile product mills.......................... 314 0.921 109.7 110.1 1.5 0.1 0.5 -0.1 0.4

Apparel manufacturing....................... 315 3.838 111.3 111.4 0.5 0.1 -0.1 0.0 0.1

Leather and allied product

manufacturing............................... 316 1.663 122.8 123.4 0.2 -0.1 0.0 0.0 0.5

Manufacturing, part 2......................... 32 18.265 126.8 127.9 6.3 1.3 -0.1 0.9 0.9

Wood product manufacturing................ 321 1.063 143.1 147.6 14.6 2.6 4.1 1.2 3.1

Paper manufacturing......................... 322 1.025 109.3 109.7 4.7 0.7 0.3 1.6 0.4

Printing and related support activities

(Dec. 2016=100)........................... 323 0.209 100.9 100.8 0.7 0.1 0.1 0.6 -0.1

Petroleum and coal products

manufacturing............................... 324 2.606 95.2 98.6 22.5 3.4 -3.0 1.4 3.6

Chemical manufacturing..................... 325 10.179 140.6 141.0 3.8 0.9 0.1 0.8 0.3

Plastics and rubber products

manufacturing............................... 326 2.197 119.7 119.7 1.4 0.6 0.2 0.5 0.0

Nonmetallic mineral product

manufacturing............................... 327 0.986 130.3 130.4 1.6 -0.2 0.5 0.2 0.1

Manufacturing, part 3......................... 33 60.168 105.1 105.2 1.6 0.3 0.2 0.0 0.1

Primary metal manufacturing................ 331 4.517 158.6 162.0 14.4 1.2 1.0 0.4 2.1

Fabricated metal product manufacturing... 332 3.106 128.0 128.5 5.0 0.6 0.6 -0.2 0.4

Machinery manufacturing.................... 333 6.782 118.9 119.0 2.4 0.4 0.3 0.1 0.1

Computer and electronic product

manufacturing............................... 334 17.018 75.6 75.3 -0.7 0.1 0.0 0.0 -0.4

Electrical equipment, appliance, and

component manufacturing................. 335 4.891 115.8 116.0 1.3 0.5 0.0 0.2 0.2

Transportation equipment manufacturing... 336 16.759 109.7 109.6 0.0 0.0 -0.1 -0.1 -0.1

Furniture and related product

manufacturing............................... 337 1.766 116.6 116.9 1.4 0.0 0.5 -0.1 0.3

Miscellaneous manufacturing............... 339 5.329 118.9 119.1 1.4 0.2 0.3 0.1 0.2

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

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

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

Nonmanufacturing................................ 8.520 140.6 142.5 7.8 -2.0 3.4 -0.8 1.4

Agriculture, forestry, fishing and

hunting........................................ 11 5.311 161.6 164.2 6.5 0.5 5.8 -1.9 1.6

Crop production............................... 111 4.996 167.1 170.9 6.8 0.3 6.1 -2.3 2.3

Mining............................................ 21 3.209 88.3 89.0 9.5 -5.7 -0.8 1.5 0.8

Mining (except oil and gas).................. 212 1.100 108.7 108.4 7.9 0.6 -1.4 -0.8 -0.3

Manufacturing..................................... 89.864 116.5 117.2 4.7 0.4 0.1 0.7 0.6

Manufacturing, part 1......................... 31 6.970 141.0 141.7 2.9 0.9 0.6 0.1 0.5

Food manufacturing.......................... 311 4.756 158.9 159.3 2.1 0.8 0.5 -0.1 0.3

Beverage and tobacco product

manufacturing............................... 312 0.705 122.8 127.1 13.9 2.1 1.9 1.5 3.5

Textile mills (Dec. 2016=100)............... 313 0.636 103.8 103.9 2.5 0.9 0.5 0.9 0.1

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.267 96.6 95.6 -3.4 0.4 -0.4 -0.5 -1.0

Manufacturing, part 2......................... 32 25.246 116.5 118.7 12.2 0.9 -0.2 1.2 1.9

Wood product manufacturing (Dec.

2017=100)................................... 321 0.546 104.7 105.1 – 2.2 1.2 0.9 0.4

Paper manufacturing......................... 322 1.675 128.6 130.7 13.0 0.1 0.9 1.7 1.6

Petroleum and coal products

manufacturing............................... 324 6.461 114.2 121.2 35.1 0.4 -2.8 4.5 6.1

Chemical manufacturing..................... 325 13.267 119.0 119.3 5.9 1.2 0.8 -0.1 0.3

Plastics and rubber products

manufacturing............................... 326 2.223 115.0 115.1 0.4 0.4 0.4 0.0 0.1

Nonmetallic mineral product

manufacturing............................... 327 0.831 116.9 116.8 3.1 0.7 1.1 0.3 -0.1

Manufacturing, part 3......................... 33 57.647 114.0 114.1 2.1 0.2 0.1 0.5 0.1

Primary metal manufacturing................ 331 3.986 147.5 147.5 7.4 1.6 0.4 1.3 0.0

Fabricated metal product manufacturing... 332 3.035 140.3 140.3 1.5 0.3 -0.1 1.3 0.0

Machinery manufacturing.................... 333 8.935 127.0 127.0 1.3 0.2 -0.1 0.9 0.0

Computer and electronic product

manufacturing............................... 334 14.019 83.4 83.5 1.0 -0.2 -0.1 0.2 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.821 116.6 117.7 4.1 -0.3 0.6 0.6 0.9

Transportation equipment manufacturing... 336 18.105 126.7 126.8 2.0 0.4 0.1 0.4 0.1

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.398 118.7 118.6 0.9 0.3 0.0 -0.1 -0.1

Miscellaneous manufacturing............... 339 5.347 120.1 119.9 1.4 0.4 -0.1 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

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

2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

Live animals; animal products................. I 1.392 197.2 198.3 1.3 1.8 1.0 -0.9 0.6

Meat and edible meat offal..................... 02 0.375 249.1 252.3 0.6 1.6 0.7 -1.5 1.3

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.721 144.1 144.8 0.7 1.4 1.4 -0.3 0.5

Vegetable products............................... II 1.977 215.8 218.1 -0.7 3.7 -5.5 -1.9 1.1

Edible vegetables, roots, and tubers.......... 07 0.423 435.3 425.9 0.0 6.6 -10.3 -10.1 -2.2

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.841 128.7 131.6 -1.3 1.5 -3.7 0.7 2.3

Coffee, tea, mate and spices.................. 09 0.338 215.8 217.6 -5.4 -0.8 0.2 -0.6 0.8

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.283 108.1 104.9 -7.5 -1.3 -2.2 -2.1 -3.0

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.811 166.9 167.7 4.9 0.4 0.7 1.5 0.5

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.202 90.9 91.0 5.9 0.1 0.2 0.1 0.1

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.211 101.4 103.7 11.9 0.8 4.7 1.7 2.3

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.362 168.4 169.2 2.6 0.1 0.7 -0.4 0.5

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.205 102.0 102.0 – 1.1 0.8 0.1 0.0

Beverages, spirits, and vinegar................ 22 1.034 130.9 130.9 2.3 0.1 0.1 0.4 0.0

Mineral products.................................. V 10.680 211.5 221.8 28.7 -1.7 -2.5 4.1 4.9

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.427 209.2 219.7 29.2 -1.8 -2.6 4.3 5.0

Products of the chemical or allied

industries........................................ VI 9.509 158.1 158.4 4.3 0.9 0.0 0.7 0.2

Inorganic chemicals............................. 28 0.621 315.5 302.3 5.7 1.3 -1.1 1.7 -4.2

Organic chemicals............................... 29 2.435 133.4 134.1 8.7 0.4 0.2 2.1 0.5

Pharmaceutical products....................... 30 4.445 151.4 152.5 2.3 1.6 -0.1 0.2 0.7

Fertilizers (Dec. 2009=100).................... 31 0.257 80.1 81.3 11.1 -1.5 -0.1 0.0 1.5

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.183 107.4 107.2 0.2 0.3 0.3 -0.2 -0.2

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.581 103.6 103.3 4.1 0.7 0.2 -0.2 -0.3

Miscellaneous chemical products............. 38 0.638 107.2 107.1 3.6 -0.7 1.4 -0.5 -0.1

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.405 141.1 140.9 0.5 0.6 0.1 0.1 -0.1

Plastics and articles thereof.................... 39 2.229 143.3 143.2 1.3 0.5 0.1 -0.2 -0.1

Rubber and articles thereof.................... 40 1.176 138.6 138.3 -0.9 0.8 0.2 0.5 -0.2

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.630 124.3 125.8 1.8 0.1 0.0 0.0 1.2

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.595 129.8 131.4 2.0 0.1 0.1 0.0 1.2

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.098 174.5 179.7 15.0 2.7 4.4 1.2 3.0

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 1.075 120.6 124.3 15.3 2.8 4.5 1.3 3.1

Woodpulp, recovered paper, and paper

products......................................... X 1.083 115.6 116.0 5.2 0.8 0.3 1.8 0.3

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.711 106.6 106.8 3.6 1.3 0.2 1.2 0.2

See footnotes at end of table.

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

2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

Printed matter (Dec. 2015=100)............... 49 0.206 106.8 106.8 0.8 0.1 0.0 0.8 0.0

Textile and textile articles....................... XI 5.001 114.3 114.3 1.1 0.2 0.3 0.0 0.0

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.003 104.0 104.1 0.7 0.1 -0.1 0.0 0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.691 119.3 119.3 0.3 0.1 0.1 0.0 0.0

Made-up or worn textile articles............... 63 0.638 104.2 104.2 0.5 0.1 0.1 0.0 0.0

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.377 122.1 122.1 -0.2 -0.2 0.2 0.1 0.0

Footwear and parts of such articles........... 64 1.151 120.9 121.0 -0.3 -0.2 0.0 0.1 0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.926 132.0 132.1 1.7 -0.4 0.7 0.1 0.1

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.332 99.5 99.5 3.6 0.2 1.4 0.1 0.0

Ceramic products................................ 69 0.256 135.1 135.2 -0.8 -1.4 -0.1 0.4 0.1

Glass and glassware............................ 70 0.338 132.4 132.3 1.8 -0.2 0.5 0.0 -0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.080 174.5 173.8 3.1 -0.1 -0.2 -0.1 -0.4

Base metals and articles of base metals. . .. XV 5.634 181.5 185.0 10.7 1.0 1.0 0.4 1.9

Iron and steel.................................... 72 1.348 227.9 231.4 16.6 2.2 2.6 3.7 1.5

Articles of iron or steel.......................... 73 1.608 152.6 153.0 7.6 0.5 1.1 -0.3 0.3

Copper and articles thereof.................... 74 0.409 295.3 319.0 19.9 -0.9 -1.0 -1.6 8.0

Aluminum and articles thereof................. 76 0.931 137.0 144.0 11.3 0.4 1.0 -1.7 5.1

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.418 122.9 123.7 0.8 0.2 0.4 0.0 0.7

Miscellaneous articles of base metal. . . . . . . .. 83 0.516 137.4 137.7 0.8 0.3 0.1 0.1 0.2

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.896 80.8 80.7 0.4 0.4 0.1 0.0 -0.1

Machinery and mechanical appliances;

parts thereof................................... 84 14.146 87.1 87.1 1.6 0.5 0.2 0.0 0.0

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.750 74.9 74.7 -0.8 0.3 0.0 0.0 -0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.974 114.4 114.2 0.0 0.0 -0.2 -0.1 -0.2

Motor vehicles and their parts................. 87 12.769 113.4 113.3 0.2 0.0 -0.1 -0.1 -0.1

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.114 116.3 115.4 -0.6 0.0 -0.2 0.1 -0.8

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.872 103.3 103.1 1.9 0.0 0.1 -0.2 -0.2

Optical, photographic, measuring and

medical instruments.......................... 90 3.581 99.8 99.6 1.8 0.1 -0.1 -0.2 -0.2

Clocks and watches and parts thereof. . . . . .. 91 0.233 145.5 142.6 0.5 0.0 2.8 -0.7 -2.0

Miscellaneous manufactured articles......... XX 4.285 111.9 112.3 1.3 0.2 0.2 0.1 0.4

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.703 117.8 118.1 1.4 0.2 0.3 0.0 0.3

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.301 102.1 102.6 1.2 0.2 0.1 0.2 0.5

Miscellaneous manufactured articles. . . . . . . .. 96 0.282 128.6 128.6 -1.0 0.0 0.0 0.0 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

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

2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

Live animals; animal products................. I 1.962 211.3 209.1 2.6 0.6 1.2 0.2 -1.0

Meat & edible meat offal (Dec. 2006=100)... 02 1.185 167.5 165.9 2.2 0.7 0.7 -0.8 -1.0

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.441 124.6 117.9 9.2 2.4 4.0 2.0 -5.4

Dairy products, eggs and honey (Dec.

2017=100)..................................... 04 0.260 95.0 99.8 – -0.2 -0.1 1.0 5.1

Vegetable products............................... II 4.881 202.0 206.0 6.0 0.1 5.7 -2.1 2.0

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.917 147.6 138.0 0.3 -0.4 1.8 -1.1 -6.5

Cereals............................................ 10 1.461 197.6 208.4 18.9 4.6 4.8 -1.8 5.5

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.014 213.5 217.0 10.8 2.2 6.6 -1.7 1.6

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.105 152.9 155.3 4.5 1.3 1.1 -0.3 1.6

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.349 118.5 118.7 1.5 0.3 0.3 0.3 0.2

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.568 97.2 97.3 – 1.1 -1.8 -3.8 0.1

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.534 109.5 111.6 -0.3 1.7 1.8 0.6 1.9

Residues and waste from the food

industries; prepared animal feed............ 23 0.759 225.4 235.5 20.2 2.8 5.3 1.3 4.5

Mineral products.................................. V 10.011 230.9 241.2 26.3 -1.8 -2.1 3.6 4.5

Ores, slag and ash (Dec. 2012=100)......... 26 0.560 110.7 110.0 20.4 3.8 -0.4 -1.8 -0.6

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 9.275 221.2 232.0 27.2 -2.2 -2.2 4.0 4.9

Products of the chemical or allied

industries........................................ VI 10.740 138.4 138.3 3.8 1.2 0.5 -0.4 -0.1

Inorganic chemicals............................. 28 0.748 167.7 166.5 -0.8 0.5 0.4 0.0 -0.7

Organic chemicals............................... 29 2.475 140.1 139.9 8.0 3.5 1.2 -3.2 -0.1

Pharmaceutical products....................... 30 3.250 107.9 107.9 3.3 0.6 0.3 0.5 0.0

Fertilizers (Dec. 2016=100).................... 31 0.264 123.0 124.4 13.7 4.7 1.4 3.8 1.1

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.531 101.7 103.1 4.6 0.8 0.4 0.7 1.4

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.817 131.4 130.4 -2.2 0.2 0.2 0.5 -0.8

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.494 119.6 119.2 5.0 0.2 0.7 0.3 -0.3

Miscellaneous chemical products............. 38 1.810 151.9 152.4 5.3 0.0 0.2 0.5 0.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.179 144.2 144.5 4.9 1.3 1.3 0.5 0.2

Plastics and articles thereof.................... 39 4.297 140.7 140.8 6.4 1.3 1.1 0.5 0.1

Rubber and articles thereof.................... 40 0.883 157.9 159.5 -1.0 0.9 2.3 0.4 1.0

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.686 106.4 107.3 9.3 1.6 1.0 0.6 0.8

Woodpulp, recovered paper, and paper

products......................................... X 2.046 130.4 132.8 7.1 -1.0 -0.2 2.9 1.8

Woodpulp and recovered paper............... 47 0.623 135.4 140.0 7.3 -3.7 -1.4 4.8 3.4

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.088 127.3 129.2 7.5 0.4 0.2 2.0 1.5

Printed material (Dec. 2014=100)............. 49 0.336 107.5 107.5 5.9 0.0 0.0 2.9 0.0

Textile and textile articles....................... XI 1.694 125.4 126.7 4.7 0.2 2.4 0.1 1.0

See footnotes at end of table.

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

2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May

2017 to

May

2018

Jan.

2018 to

Feb.

2018

Feb.

2018 to

Mar.

2018

Mar.

2018 to

Apr.

2018

Apr.

2018 to

May

2018

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.477 141.5 145.5 11.5 -0.2 6.8 0.3 2.8

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.804 124.1 123.9 1.1 0.2 0.2 0.1 -0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.270 102.1 102.2 1.1 0.4 0.3 0.2 0.1

Glass and glassware............................ 70 0.410 99.3 99.0 0.0 0.3 0.1 0.1 -0.3

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.112 240.5 238.4 3.4 0.5 -0.4 0.2 -0.9

Base metals and articles of base metals. . .. XV 5.017 164.1 164.5 7.7 0.9 0.9 1.4 0.2

Iron and steel.................................... 72 1.133 182.3 182.2 15.8 0.1 4.2 4.2 -0.1

Copper and articles thereof.................... 74 0.569 200.9 196.8 16.7 0.9 -1.3 -0.7 -2.0

Aluminum and articles thereof................. 76 0.969 120.7 124.5 9.3 3.0 0.6 -1.4 3.1

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.315 99.9 99.9 0.4 -0.2 0.0 0.3 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.341 152.0 152.3 2.8 0.6 0.3 0.5 0.2

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.490 97.3 97.5 1.5 0.0 0.0 0.5 0.2

Machinery and mechanical appliances;

parts thereof................................... 84 15.806 115.0 115.1 1.2 0.2 0.1 0.7 0.1

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.684 78.3 78.6 1.9 -0.4 -0.1 0.4 0.4

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.248 134.8 135.1 1.9 0.4 0.0 0.1 0.2

Motor vehicles and their parts................. 87 8.288 116.3 116.3 1.0 0.3 0.1 0.2 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.953 109.3 109.3 3.0 0.5 0.2 -0.1 0.0

Miscellaneous manufactured articles......... XX 1.394 112.3 111.8 -0.5 -0.1 0.0 0.0 -0.4

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.815 128.9 128.0 -0.3 0.5 0.0 -0.1 -0.7

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.417 87.6 87.4 -1.5 -1.2 -0.1 -0.3 -0.2

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

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

[2000=100, unless otherwise noted]

Description

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May 2017

to May

2018

Jan. 2018

to Feb.

2018

Feb. 2018

to Mar.

2018

Mar. 2018

to Apr.

2018

Apr. 2018

to May

2018

Industrialized Countries2

.................... 100.000 124.7 125.7 5.3 0.1 -0.2 0.8 0.8

Nonmanufacturing........................... 8.693 152.7 158.2 15.6 -6.2 -2.9 4.4 3.6

Manufacturing................................ 90.732 121.8 122.4 4.2 0.7 0.1 0.5 0.5

Canada.......................................... 100.000 132.9 135.4 8.1 -1.2 -0.5 1.5 1.9

Nonmanufacturing........................... 23.397 145.1 150.6 14.9 -6.8 -2.9 4.5 3.8

Manufacturing................................ 75.614 133.0 134.9 5.9 0.7 0.2 0.5 1.4

European Union3

.............................. 100.000 137.4 138.0 4.3 0.7 0.1 0.6 0.4

Manufacturing................................ 98.900 133.8 134.4 4.2 0.7 0.0 0.6 0.4

France (Dec. 2003=100)...................... 100.000 128.7 129.2 7.0 0.6 0.0 0.2 0.4

Germany (Dec. 2003=100)................... 100.000 112.4 112.4 -1.1 0.5 -0.2 0.4 0.0

United Kingdom (Dec. 2003=100).......... 100.000 121.4 122.7 4.7 0.4 0.4 0.2 1.1

Latin America4................................. 100.000 150.8 152.1 5.9 -0.1 -0.7 0.6 0.9

Nonmanufacturing........................... 18.805 264.2 275.3 22.6 -1.4 -3.6 2.8 4.2

Manufacturing................................ 80.922 123.0 123.1 2.3 0.2 0.0 0.1 0.1

Mexico (Dec. 2003=100)...................... 100.000 128.7 129.1 1.7 -0.5 -0.2 -0.2 0.3

Nonmanufacturing (Dec. 2008=100). . . . .. 8.726 133.3 139.5 12.6 -4.7 -1.0 0.0 4.7

Manufacturing (Dec. 2008=100)........... 91.025 88.8 88.7 0.7 0.0 -0.2 -0.1 -0.1

Pacific Rim (Dec. 2003=100)5

............... 100.000 99.1 99.2 0.8 0.2 0.2 0.2 0.1

China (Dec. 2003=100)....................... 100.000 100.3 100.4 0.3 0.1 0.2 -0.1 0.1

Japan............................................ 100.000 96.5 96.6 0.2 0.2 0.2 0.1 0.1

Asian NICs6..................................... 100.000 89.2 89.6 4.4 0.3 0.5 0.5 0.4

ASEAN (Dec. 2003=100)7.................... 100.000 98.4 98.7 0.7 0.1 0.0 0.1 0.3

Asia Near East (Dec. 2003=100)8

........... 100.000 180.8 188.7 23.3 -0.3 -0.3 1.0 4.4

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: May 2017 to

May 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Apr.

20181

Index Percent change

Apr.

2018

May

2018

Annual Monthly

May 2017

to May

2018

Jan. 2018

to Feb.

2018

Feb. 2018

to Mar.

2018

Mar. 2018

to Apr.

2018

Apr. 2018

to May

2018

Air Freight

Import Air Freight.................................... 100.000 193.5 196.5 18.2 -3.3 5.1 7.0 1.6

Europe (Dec. 2003=100).......................... 23.876 152.3 154.3 9.6 2.9 0.9 1.3 1.3

Asia.................................................. 64.217 188.0 191.7 25.4 -7.0 8.2 10.3 2.0

Export Air Freight................................... 100.000 163.0 164.2 3.0 0.2 2.0 0.3 0.7

Europe (Dec. 2006=100).......................... 32.921 147.8 148.1 0.8 0.0 -0.5 0.9 0.2

Inbound Air Freight................................. 100.000 174.3 176.5 13.4 -3.1 2.0 5.0 1.3

Europe (Dec. 2003=100).......................... 25.673 138.1 139.1 5.1 3.3 0.0 0.4 0.7

Asia.................................................. 59.177 165.2 168.2 17.2 -7.0 3.7 7.8 1.8

Outbound Air Freight............................... 100.000 142.2 140.2 0.5 -2.1 3.4 -0.1 -1.4

Europe (Dec. 2003=100).......................... 33.381 148.0 148.6 2.2 -0.3 2.4 0.2 0.4

Asia.................................................. 42.988 137.1 132.0 -1.6 -4.8 5.8 -0.4 -3.7

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 182.0 177.4 1.2 0.9 -6.5 2.8 -2.5

Europe............................................... 43.538 213.6 202.9 7.1 1.9 -14.6 4.9 -5.0

Asia.................................................. 22.137 131.4 139.4 2.3 -5.6 0.1 2.9 6.1

Latin America/Caribbean.......................... 9.769 167.1 153.7 -1.5 4.6 2.3 -0.3 -8.0

Export Air Passenger Fares....................... – – – – -7.9 3.5 – –

Europe............................................... – – – – 6.9 2.2 – –

Asia.................................................. – – – – -14.4 2.1 – –

Latin America/Caribbean.......................... – – – – -8.0 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

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) include 

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

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

NAICS primary products indexes.

Import Price Indexes - Products have been classified by the Harmonized Tariff Schedule of the United 

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

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

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

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

Export Price Indexes - Products have been classified by the Harmonized Schedule B classification 

system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" 

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

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

Agriculture. 

Services Price Indexes – 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 tickets sold 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 represent transactions between U.S. and foreign residents) and 

international (which represent transactions inbound to and outbound from the U.S.). Fact sheets 

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

"MXP Publications." 
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. 

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.