U.S. IMPORT AND EXPORT PRICE INDEXES – JULY 2014 

U.S. import prices declined 0.2 percent in July, after increasing each of the 2 previous months, the U.S. 

Bureau of Labor Statistics reported today. The July decrease was driven by falling fuel prices. Prices for 

U.S. exports were unchanged in July following a 0.4-percent decrease in June. In July, declining agricultural 

prices offset higher nonagricultural prices. 

Chart 1. One-month percent change in the Import Price Index: July 2013 – July 2014 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: July 2013 – July 2014

 Percent change

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Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Thursday, August 14, 2014 

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

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

USDL-14-1499
2

All Imports: Overall import prices fell 0.2 percent in July, the first monthly decline for the index since a 

0.6-percent drop in April. Import prices ticked up 0.1 percent in June and rose 0.3 percent in May. The price 

index for overall imports advanced 0.8 percent over the past 12 months, a similar movement to the 0.9-

percent increase from July 2012 to July 2013. Both higher fuel and nonfuel prices contributed to the most 

recent year-over-year increase, in contrast to the rise for the year ended in July 2013 which was driven 

solely by higher fuel prices. 

Fuel Imports: Import fuel prices fell 1.2 percent in July, after rising 1.0 percent in June and 1.3 percent in 

May. The July decrease was led by a 1.2-percent drop in petroleum prices which more than offset a 1.8-

percent increase in natural gas prices. Despite the July decline, import fuel prices rose 2.6 percent over the 

past year, after increasing 7.7 percent between July 2012 and July 2013. A 1.7-percent rise in petroleum 

prices and a 44.1-percent jump in natural gas prices both contributed to the year-over-year increase for fuel 

prices in July. 

All Imports Excluding Fuel: Nonfuel prices were unchanged for the third time in the past 4 months in 

July, after edging down 0.1 percent in June. The price indexes for nonfuel industrial supplies and materials; 

foods, feeds, and beverages; and consumer goods all rose in July, but lower automotive vehicles prices 

offset the increases. Capital goods prices were unchanged. Prices for nonfuel imports advanced 0.4 percent 

for the year ended in July, led by 0.3-percent increases in March and January. 

Table A. Percent change in import and export price indexes, selected categories 

 
3

Chart 3. One-month percent change in the Export Price Index: July 2013 – July 2014 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: July 2013 – July 2014 

 Percent change

All Exports: Prices for overall exports recorded no change in July following a 0.4-percent decline in June. 

Export prices fell 1.3 percent over the past 4 months, after increasing 1.7 percent over February and March. 

Overall, the price index for U.S. exports rose 0.4 percent over the past 12 months. Rising nonagricultural 

prices between July 2013 and July 2014 more than offset a drop in agricultural prices. 

Agricultural Exports: The price index for agricultural exports fell 2.2 percent in July, the largest monthly 

drop since the index fell 4.2 percent in August 2013. The July decline followed a 1.7-percent decrease the 

previous month. A 5.6-percent decline in soybean prices, a 7.6-percent drop in corn prices, and an 8.2-

percent decrease in cotton prices were the largest contributors to the July decline. Agricultural export prices 

fell 2.9 percent over the past year, driven by lower prices for soybeans, corn, and vegetables. 

All Exports Excluding Agriculture: Nonagricultural export prices advanced 0.3 percent in July following 

a 0.3-percent decline in June. The July increase was led by higher prices for nonagricultural industrial 

supplies and materials and consumer goods. Capital goods prices edged down 0.1 percent and automotive 

vehicles prices were unchanged. 

 

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Jul'13 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul'14

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Jul'13 Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul'14
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SELECTED JULY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Import prices from China fell 0.2 percent in July, the largest monthly 

decline since a 0.6-percent drop in May 2013. The July decrease was led by a 0.2-percent decrease in 

computer and electronic products prices. Despite the July decline, prices for imports from China advanced 

0.3 percent over the past year. The price index for imports from Japan decreased 0.3 percent in July, after 

recording no change the previous month. Import prices from Japan have trended down since the end of 2012 

and fell 1.6 percent over the past 12 months. Prices for imports from Mexico and Canada also declined in 

July, decreasing 0.4 percent and 0.2 percent, respectively. In contrast, import prices from the European 

Union ticked up 0.1 percent in July. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 0.5 

percent in July following a 0.2-percent decline in June. The July advance was driven by 5.8-percent rises in 

the price indexes for gold and other precious metals. 

 

Finished Goods: The price index for import automotive vehicles declined 0.8 percent in July, the first 

monthly decrease for the index since a 0.1-percent decline in February and the largest 1-month drop since 

the index fell 1.1 percent in December 1992. The July decline was driven by a 1.1-percent drop in passenger 

car prices. In contrast, consumer goods prices ticked up 0.1 percent in July, after recording no change in 

each of the 2 previous months. Capital goods prices were unchanged in July. 

 

Foods, Feeds, and Beverages: Prices for foods, feeds, and beverages rose 1.0 percent in July following a 

1.6-percent decrease in June. Higher prices for meat, alcohol, coffee, and vegetables all contributed to the 

increase in July. 

Transportation Services: Import air passenger fares decreased 2.8 percent in July, the first monthly drop 

since a 3.4-percent decline in March. The July decrease was led by a 5.3-percent decline in European fares. 

Despite the July drop, import air passenger fares increased 2.6 percent over the past 12 months. Import air 

freight prices decreased 0.3 percent in July, but rose 1.8 percent over the past year. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 

prices advanced 0.9 percent in July, after falling 0.9 percent the previous month. The July increase was 

driven by a 4.2-percent rise in nonferrous metal prices, although a 0.5-percent advance in fuel prices also 

contributed to the increase.

 

Finished Goods: Prices for the major finished goods areas were mixed in July. Consumer goods prices rose 

0.3 percent, led by a 1.7-percent advance for medicinal, dental, and pharmaceutical prices. In contrast, 

capital goods prices edged down 0.1 percent, driven by a 1.2-percent drop in computers, peripherals, and 

semiconductor prices. Automotive vehicles prices were unchanged in July. 

Transportation Services: Export air passenger fares advanced 3.5 percent in July following a 4.8-percent 

increase in June. The index increased 0.4 percent for the year ended in July, led by a 3.3-percent rise in 

Asian fares. The price index for export air freight fell 0.2 percent in July, but increased 9.4 percent over the 

past 12 months. 

 

Import and Export Price Index data for August 2014 are scheduled for release on Friday, September 

12, 2014 at 8:30 a.m. (EDT). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: July 2013 to July

2014

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

All commodities................................... 100.000 140.3 140.0 0.8 -0.6 0.3 0.1 -0.2

All imports excluding food and fuels (Dec.

2010=100)........................................ 74.618 102.4 102.3 0.2 0.1 0.1 0.0 -0.1

All imports excluding petroleum.............. 80.837 115.8 115.8 0.7 -0.3 -0.2 -0.1 0.0

All imports excluding fuels (Dec.

2001=100)........................................ 79.812 119.6 119.6 0.4 0.0 0.0 -0.1 0.0

Foods, feeds, & beverages................... 0 5.194 176.8 178.5 3.0 -0.7 -0.6 -1.6 1.0

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 3.957 193.8 196.1 2.6 -0.7 -0.4 -1.5 1.2

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.237 138.3 138.5 4.2 -0.9 -1.2 -1.8 0.1

Industrial supplies & materials.............. 1 33.071 253.9 252.5 1.8 -1.6 0.7 0.6 -0.6

Industrial supplies & materials excluding

petroleum.................................... 13.908 161.6 162.2 2.2 -2.4 -0.9 -0.2 0.4

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 12.883 180.1 181.0 0.7 0.1 -0.2 -0.2 0.5

Industrial supplies & materials, durable. . .. 7.777 168.2 170.0 1.8 0.1 0.1 0.0 1.1

Industrial supplies & materials nondurable

excluding petroleum....................... 5.106 153.1 152.4 2.8 -5.2 -2.2 -0.5 -0.5

Fuels & lubricants............................. 10 20.187 348.3 344.2 2.6 -2.6 1.3 1.0 -1.2

Petroleum & petroleum products......... 100 19.163 385.7 380.9 1.7 -1.1 1.9 1.1 -1.2

Crude........................................ 10000 14.771 405.0 397.1 1.7 0.3 1.4 2.5 -2.0

Fuels, n.e.s.-coals & gas.................. 101 0.858 148.2 150.2 36.2 -24.3 -10.4 -1.2 1.3

Gas-natural.................................. 10110 0.716 137.7 140.2 44.1 -27.2 -12.4 -1.4 1.8

Paper & paper base stocks.................. 11 0.535 113.7 113.5 0.1 -0.2 1.0 0.1 -0.2

Materials associated with nondurable

supplies & materials....................... 12 4.644 169.6 168.8 -0.7 0.0 -0.6 -0.4 -0.5

Selected building materials.................. 13 1.032 141.6 142.2 0.9 -0.6 -0.6 0.2 0.4

Unfinished metals related to durable

goods........................................ 14 3.519 239.7 244.8 3.3 0.5 0.1 -0.3 2.1

Finished metals related to durable

goods........................................ 15 1.634 157.9 158.3 1.8 -0.6 0.4 0.5 0.3

Nonmetals related to durable goods. . . . . .. 16 1.519 112.0 112.1 -1.6 0.1 0.1 0.3 0.1

Capital goods................................... 2 24.797 92.5 92.5 -0.1 -0.1 0.3 0.0 0.0

Electric generating equipment............... 20 2.990 119.8 120.4 0.8 0.3 0.4 -0.1 0.5

Nonelectrical machinery...................... 21 19.889 85.2 85.1 -0.2 -0.1 0.4 0.0 -0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 1.917 135.7 135.7 -0.1 -0.1 -0.1 -0.1 0.0

Automotive vehicles, parts & engines..... 3 13.501 113.5 112.6 -0.9 0.2 0.0 0.1 -0.8

Consumer goods, excluding

automotives.................................. 4 23.437 108.3 108.4 0.9 0.2 0.0 0.0 0.1

Nondurables, manufactured................. 40 11.331 118.5 118.6 2.2 0.2 0.2 0.2 0.1

Durables, manufactured...................... 41 10.913 97.8 97.8 -0.7 0.1 0.0 -0.1 0.0

Nonmanufactured consumer goods. . . . . . .. 42 1.193 121.3 121.3 4.2 1.1 0.0 -0.3 0.0

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: July 2013 to July

2014

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

All commodities................................... 100.000 133.1 133.1 0.4 -1.0 0.1 -0.4 0.0

Agricultural commodities....................... 10.170 221.8 217.0 -2.9 1.5 0.3 -1.7 -2.2

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.883 102.4 102.6 0.6 0.2 0.0 -0.2 0.2

Nonagricultural commodities.................. 89.832 126.7 127.1 0.9 -1.2 0.1 -0.3 0.3

Foods, feeds, & beverages................... 0 9.326 222.6 219.1 -1.7 1.9 0.4 -1.5 -1.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.715 226.6 222.5 -2.3 1.8 0.6 -1.6 -1.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.611 185.7 189.6 5.7 2.2 -1.8 -1.4 2.1

Industrial supplies & materials.............. 1 33.153 177.0 178.1 0.8 -3.7 -0.1 -1.0 0.6

Industrial supplies & materials, durable. . .. 11.097 170.3 172.5 0.5 0.3 -0.2 -0.8 1.3

Industrial supplies & materials,

nondurable.................................. 22.058 181.6 182.0 1.0 -5.6 -0.1 -1.0 0.2

Agricultural industrial supplies &

materials..................................... 10 1.455 201.0 192.4 -6.3 -0.3 -1.3 -2.7 -4.3

Nonagricultural industrial supplies &

materials...................................... 31.699 176.3 177.8 1.1 -3.8 -0.1 -0.9 0.9

Fuels & lubricants............................. 11 9.793 257.1 258.5 2.1 -11.5 0.2 -1.4 0.5

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 20.901 165.8 167.6 1.0 0.1 -0.2 -0.6 1.1

Selected building materials.................. 13 1.005 125.7 123.6 -0.2 0.3 -0.8 -2.0 -1.7

Capital goods................................... 2 36.365 107.5 107.4 0.8 0.1 0.3 0.0 -0.1

Electrical generating equipment............. 20 3.679 115.7 116.1 0.7 -0.2 0.6 0.0 0.3

Nonelectrical machinery...................... 21 25.686 95.8 95.6 0.1 0.0 0.3 0.0 -0.2

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 7.000 156.6 156.5 3.1 0.3 0.2 0.1 -0.1

Automotive vehicles, parts & engines..... 3 9.448 114.1 114.1 0.5 0.4 0.1 0.1 0.0

Consumer goods, excluding

automotives.................................. 4 11.709 115.1 115.5 0.3 0.3 -0.1 0.1 0.3

Nondurables, manufactured................. 40 5.344 111.0 112.4 -2.1 0.1 -0.1 0.0 1.3

Durables, manufactured...................... 41 4.974 112.4 112.1 0.4 0.1 0.0 0.1 -0.3

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected categories of goods: July 2013 to July

2014

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

Nonmanufactured articles...................... 17.730 175.5 173.2 3.8 -1.8 0.1 1.3 -1.3

Agriculture, forestry, fishing and

hunting........................................ 11 1.761 174.6 178.2 3.8 -1.0 -3.1 -5.5 2.1

Crop production............................... 111 1.340 181.0 184.8 4.5 -1.7 -3.1 -6.7 2.1

Forestry and logging (Dec. 2012=100)..... 113 0.140 80.1 78.5 -20.1 -3.7 -6.8 2.6 -2.0

Mining............................................ 21 15.969 175.3 172.3 3.8 -1.9 0.5 2.0 -1.7

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.247 123.7 123.3 -5.3 0.6 -1.8 0.4 -0.3

Manufactured articles............................ 81.876 116.4 116.5 0.5 -0.2 0.3 -0.2 0.1

Manufactured goods, part 1................. 31 10.440 125.4 126.0 1.9 0.1 0.0 0.0 0.5

Food manufacturing.......................... 311 3.063 159.9 161.1 3.5 -0.3 -0.3 0.3 0.8

Beverage and tobacco product

manufacturing............................... 312 0.918 115.5 117.4 3.3 0.1 -0.2 0.1 1.6

Textile mills (Dec. 2011=100)............... 313 0.353 102.0 102.5 1.5 0.0 0.0 -0.1 0.5

Textile product mills.......................... 314 0.759 114.3 114.4 -0.3 -0.1 0.0 -0.1 0.1

Apparel manufacturing....................... 315 3.702 110.9 111.0 0.6 0.4 0.1 -0.1 0.1

Leather and allied product

manufacturing............................... 316 1.645 123.4 123.6 1.7 0.3 0.2 -0.1 0.2

Manufactured goods, part 2................. 32 17.448 137.6 137.6 1.0 -1.3 0.9 -0.7 0.0

Wood product manufacturing................ 321 0.619 120.7 121.8 1.7 -1.1 -0.7 0.1 0.9

Paper manufacturing......................... 322 0.974 110.8 111.0 0.2 0.1 0.5 0.1 0.2

Printing and related support activities

(Dec. 2013=100)........................... 323 0.186 99.6 99.6 – 0.0 -0.5 0.0 0.0

Petroleum and coal products

manufacturing............................... 324 4.004 159.8 161.7 1.1 -5.3 4.2 -3.0 1.2

Chemical manufacturing..................... 325 8.900 137.5 136.9 1.9 0.0 -0.1 -0.1 -0.4

Plastics and rubber products

manufacturing............................... 326 1.932 122.9 121.3 -3.3 -0.1 -0.2 0.0 -1.3

Nonmetallic mineral product

manufacturing............................... 327 0.833 130.6 130.3 0.9 0.0 -0.2 0.4 -0.2

Manufactured goods, part 3................. 33 53.987 108.1 108.1 0.0 0.1 0.2 -0.1 0.0

Primary metal manufacturing................ 331 4.135 157.9 161.0 3.5 0.1 0.4 -0.1 2.0

Fabricated metal product manufacturing... 332 2.660 126.9 126.9 0.0 0.2 0.1 0.1 0.0

Machinery manufacturing.................... 333 6.851 121.6 121.3 0.1 -0.1 0.1 0.1 -0.2

Computer and electronic product

manufacturing............................... 334 15.898 80.2 80.1 -1.0 0.0 0.4 -0.1 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.066 118.7 119.0 -0.3 0.2 0.3 -0.1 0.3

Transportation equipment manufacturing... 336 14.345 111.9 111.3 -0.3 0.2 0.0 0.0 -0.5

Furniture and related product

manufacturing............................... 337 1.343 115.4 115.4 1.1 0.0 0.0 0.2 0.0

Miscellaneous manufacturing............... 339 4.689 122.0 122.5 1.5 -0.2 0.1 -0.1 0.4

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected categories of goods: July 2013 to July

2014

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

Nonmanufactured articles...................... 7.411 165.0 158.3 -6.2 -13.7 -0.1 -2.0 -4.1

Agriculture, forestry, fishing and

hunting........................................ 11 5.073 198.9 189.5 -10.2 0.6 0.0 -3.0 -4.7

Crop production............................... 111 4.854 207.3 197.4 -10.3 0.8 0.6 -2.9 -4.8

Mining............................................ 21 2.338 94.9 92.4 5.0 -34.5 -0.3 0.1 -2.6

Mining (except oil and gas).................. 212 1.326 98.7 97.9 -5.0 -1.1 -0.6 0.5 -0.8

Manufactured articles............................ 90.670 120.6 121.0 0.6 -0.3 0.1 -0.2 0.3

Manufactured goods, part 1................. 31 7.262 157.9 158.5 4.3 1.7 0.4 0.1 0.4

Food manufacturing.......................... 311 5.163 183.7 184.9 6.1 2.6 0.7 0.4 0.7

Beverage and tobacco product

manufacturing............................... 312 0.523 118.0 114.5 -9.2 -0.6 -1.9 -3.2 -3.0

Leather and allied product manufacturing

(Dec. 2013=100)........................... 316 0.292 107.1 109.8 – 1.5 0.5 0.1 2.5

Manufactured goods, part 2................. 32 25.992 131.3 132.2 -0.7 -2.2 0.1 -0.6 0.7

Wood product manufacturing................ 321 0.460 124.4 124.6 3.6 0.4 0.2 -0.2 0.2

Paper manufacturing......................... 322 1.811 124.0 125.1 2.5 -0.3 0.0 -0.9 0.9

Petroleum and coal products

manufacturing............................... 324 7.198 162.1 164.1 0.2 -7.6 0.5 -2.2 1.2

Chemical manufacturing..................... 325 13.305 127.7 128.6 -1.5 0.1 -0.2 0.1 0.7

Plastics and rubber products

manufacturing............................... 326 2.167 119.3 118.8 -0.9 0.3 0.2 0.2 -0.4

Nonmetallic mineral product

manufacturing............................... 327 0.773 113.3 113.3 1.6 0.4 0.2 0.0 0.0

Manufactured goods, part 3................. 33 57.416 112.9 113.0 0.6 0.2 0.1 -0.1 0.1

Primary metal manufacturing................ 331 4.597 146.3 151.0 0.5 1.0 -1.1 -1.6 3.2

Fabricated metal product manufacturing... 332 2.701 127.8 128.3 -1.8 0.2 0.0 0.1 0.4

Machinery manufacturing.................... 333 11.727 124.0 124.1 1.4 0.0 0.4 0.0 0.1

Computer and electronic product

manufacturing............................... 334 13.812 88.0 87.6 -1.4 0.0 0.2 -0.1 -0.5

Electrical equipment, appliance, and

component manufacturing................. 335 3.473 114.6 114.8 0.3 0.1 0.1 -0.1 0.2

Transportation equipment manufacturing... 336 15.651 120.0 120.1 1.8 0.3 0.1 0.1 0.1

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.362 107.9 108.0 0.2 0.5 0.1 0.1 0.1

Miscellaneous manufacturing............... 339 5.094 125.6 124.8 2.5 0.5 -0.2 0.2 -0.6

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: July 2013 to July

2014

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

Live animals; animal products................. I 1.290 196.1 199.7 10.5 1.4 -1.0 -1.6 1.8

Meat and edible meat offal..................... 02 0.296 250.1 263.2 18.0 4.4 -0.9 2.0 5.2

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.693 141.0 139.8 3.6 -1.0 -1.2 -3.4 -0.9

Vegetable products............................... II 1.615 196.9 199.0 -1.4 -1.2 0.6 -6.8 1.1

Edible vegetables, roots, and tubers.......... 07 0.373 354.0 365.3 3.4 -1.7 15.3 -13.3 3.2

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.408 102.0 98.1 -11.8 -0.5 -12.3 -8.6 -3.8

Coffee, tea, mate and spices.................. 09 0.337 241.2 250.7 8.7 -7.5 6.6 -4.9 3.9

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.248 115.9 115.4 -0.6 -1.1 -0.3 0.4 -0.4

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.495 161.7 162.6 3.1 0.2 -0.1 0.9 0.6

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.172 92.3 90.5 -4.1 0.0 1.7 3.5 -2.0

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.248 114.1 114.2 25.2 2.1 -1.2 6.5 0.1

Preparations of cereals, flour, starch or milk;

bakers’ wares (Dec. 2007=100)............. 19 0.243 131.3 131.4 0.6 0.1 0.0 0.0 0.1

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.306 170.0 169.0 1.9 -0.1 0.5 0.7 -0.6

Beverages, spirits, and vinegar................ 22 0.931 125.8 127.8 2.8 0.0 -0.1 -0.1 1.6

Mineral products.................................. V 20.089 351.2 347.0 2.6 -2.4 1.3 1.1 -1.2

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 19.830 348.4 344.2 2.8 -2.5 1.4 1.1 -1.2

Products of the chemical or allied

industries........................................ VI 8.112 152.5 152.5 2.5 0.3 0.0 -0.1 0.0

Inorganic chemicals............................. 28 0.638 325.5 308.9 -6.2 5.6 2.5 -1.2 -5.1

Organic chemicals............................... 29 2.375 135.1 136.1 1.1 -0.7 -1.0 -0.3 0.7

Pharmaceutical products....................... 30 3.341 134.0 134.3 7.0 0.1 0.3 0.5 0.2

Fertilizers (Dec. 2009=100).................... 31 0.311 108.4 110.5 -4.9 -1.3 -1.2 -2.3 1.9

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.172 101.2 102.8 8.9 0.4 -0.4 -0.2 1.6

Miscellaneous chemical products............. 38 0.463 93.5 93.2 -6.0 0.6 -0.1 -0.2 -0.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.138 147.9 146.7 -2.8 -0.3 -0.4 0.1 -0.8

Plastics and articles thereof.................... 39 2.006 149.8 149.9 1.4 -0.1 0.0 0.1 0.1

Rubber and articles thereof.................... 40 1.132 146.2 142.7 -9.5 -0.7 -1.2 0.2 -2.4

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.611 127.7 127.8 1.8 -0.2 0.5 -0.9 0.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.575 130.2 130.3 2.7 -0.1 0.5 -0.2 0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.649 146.5 147.7 1.0 -0.9 -0.9 0.2 0.8

Woodpulp, recovered paper, and paper

products......................................... X 1.036 113.7 113.6 -0.3 -0.3 0.4 0.0 -0.1

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.683 107.2 107.3 -0.3 0.1 -0.1 0.0 0.1

Printed matter (Dec. 2013=100)............... 49 0.192 99.5 99.5 – 0.0 -0.1 0.0 0.0

Textile and textile articles....................... XI 4.687 114.0 114.1 0.3 0.2 0.0 -0.2 0.1

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 1.830 102.9 102.9 -0.2 0.3 0.0 -0.1 0.0

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: July 2013 to July

2014 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.699 118.8 119.1 1.0 0.3 -0.1 -0.3 0.3

Made-up or worn textile articles............... 63 0.546 108.0 108.0 0.1 0.0 -0.1 0.1 0.0

Headgear, umbrellas, artifical flowers, etc... XII 1.320 121.9 122.1 1.1 0.3 0.2 0.0 0.2

Footwear and parts of such articles........... 64 1.140 121.4 121.5 1.3 0.4 0.2 0.0 0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.770 133.2 132.9 0.4 -0.2 -0.2 0.4 -0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2001=100).................... 68 0.254 126.4 125.4 -0.2 -0.3 -0.4 0.9 -0.8

Ceramic products................................ 69 0.237 141.6 141.6 0.4 0.1 -0.1 0.4 0.0

Glass and glassware............................ 70 0.279 129.6 129.6 0.9 -0.2 -0.1 0.0 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.604 180.2 185.8 3.2 0.1 -0.9 -1.0 3.1

Base metals and articles of base metals. . .. XV 5.322 183.0 183.6 2.5 -0.3 0.8 0.4 0.3

Iron and steel.................................... 72 1.264 222.5 223.4 4.0 0.0 0.5 -0.2 0.4

Articles of iron or steel.......................... 73 1.669 154.0 154.5 0.3 -0.8 0.4 0.4 0.3

Copper and articles thereof.................... 74 0.433 327.2 324.9 0.8 -3.2 1.7 -0.5 -0.7

Aluminum and articles thereof................. 76 0.720 140.8 141.7 4.0 0.2 1.0 2.2 0.6

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.390 129.1 129.1 -0.1 0.4 0.0 -0.1 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.441 136.7 136.8 1.1 0.4 0.1 0.0 0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 26.973 84.6 84.5 -0.5 0.0 0.2 0.0 -0.1

Machinery and mechanical appliances;

parts thereof................................... 84 14.013 89.6 89.5 -0.2 -0.1 0.6 -0.1 -0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 12.960 79.8 79.7 -0.7 0.3 0.0 0.0 -0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 12.013 116.1 115.4 -0.4 0.1 0.0 0.0 -0.6

Motor vehicles and their parts................. 87 11.006 114.9 114.1 -0.5 0.2 0.0 0.0 -0.7

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 0.907 119.8 119.8 -0.3 -0.3 -0.3 0.1 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.422 104.9 104.8 0.8 0.1 0.0 0.2 -0.1

Optical, photographic, measuring and

medical instruments.......................... 90 3.125 101.7 101.7 0.8 0.0 0.1 0.2 0.0

Clocks and watches and parts thereof. . . . . .. 91 0.241 143.9 143.1 1.3 0.3 -0.1 -0.1 -0.6

Miscellaneous manufactured articles......... XX 3.524 113.3 113.6 0.5 0.1 0.0 0.0 0.3

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.050 117.4 117.9 0.9 0.1 0.0 0.0 0.4

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.242 105.5 105.8 0.6 0.2 0.0 -0.2 0.3

Miscellaneous manufactured articles. . . . . . . .. 96 0.232 135.7 135.1 -2.5 0.0 -0.3 0.4 -0.4

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: July 2013 to July

2014

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

Live animals; animal products................. I 2.187 242.0 249.7 14.6 4.7 0.0 -1.3 3.2

Meat & edible meat offal (Dec. 2006=100)... 02 1.306 189.0 196.9 16.6 6.1 2.1 1.2 4.2

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.349 200.2 206.8 11.7 3.0 -2.7 -1.6 3.3

Vegetable products............................... II 4.722 252.8 242.7 -9.4 0.7 0.8 -2.9 -4.0

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.117 174.3 168.0 8.9 -4.4 0.6 -4.8 -3.6

Cereals............................................ 10 1.118 246.5 237.0 -19.0 2.9 1.7 -8.7 -3.9

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.025 293.9 280.5 -8.0 2.3 0.3 1.1 -4.6

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.253 115.7 114.6 -12.7 1.8 0.1 -1.4 -1.0

Prepared foodstuffs, beverages,and

tobacco........................................... IV 2.947 169.5 167.1 0.1 1.3 -0.2 -0.2 -1.4

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.352 119.0 118.1 4.9 1.9 0.0 0.0 -0.8

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.482 110.7 110.8 -1.8 0.5 0.1 -0.8 0.1

Residues and waste from the food

industries; prepared animal feed............ 23 0.763 279.6 263.7 -3.3 1.3 -0.6 -0.8 -5.7

Mineral products.................................. V 9.519 295.9 297.3 0.7 -13.5 0.2 -1.7 0.5

Ores, slag and ash (Dec. 2012=100)......... 26 0.442 95.0 96.5 6.3 -1.1 2.1 1.6 1.6

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 8.894 292.6 293.9 0.4 -14.3 0.1 -1.9 0.4

Products of the chemical or allied

industries........................................ VI 10.790 149.6 150.5 -1.8 -0.2 -0.1 0.4 0.6

Inorganic chemicals............................. 28 0.872 171.7 170.5 -8.0 -1.4 0.5 -0.8 -0.7

Organic chemicals............................... 29 3.103 163.0 169.6 3.9 -0.2 0.2 0.3 4.0

Pharmaceutical products....................... 30 2.565 115.7 115.9 -4.8 0.0 0.0 0.3 0.2

Fertilizers (Dec. 2012=100).................... 31 0.300 84.1 84.1 -10.9 12.4 -0.6 -0.8 0.0

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.703 133.4 133.6 -3.5 -0.1 0.2 -0.1 0.1

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.463 120.7 115.8 -4.2 0.0 0.3 0.5 -4.1

Miscellaneous chemical products............. 38 1.784 156.7 152.7 -1.0 -1.8 -1.2 2.2 -2.6

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.191 150.5 150.9 1.1 0.2 -0.1 -0.1 0.3

Plastics and articles thereof.................... 39 4.212 145.2 145.8 2.3 0.1 0.0 -0.1 0.4

Rubber and articles thereof.................... 40 0.979 173.4 172.4 -4.1 0.5 -0.1 -0.2 -0.6

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.448 159.0 161.5 10.6 1.0 0.1 0.2 1.6

Woodpulp, recovered paper, and paper

products......................................... X 2.255 123.8 125.5 1.9 -0.5 -0.4 -1.0 1.4

Woodpulp and recovered paper............... 47 0.668 126.8 130.3 0.0 0.6 -1.2 -2.8 2.8

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.163 123.4 124.7 3.7 -1.3 0.2 -0.1 1.1

Textile and textile articles....................... XI 1.916 134.2 132.0 0.0 -0.8 -0.3 -0.9 -1.6

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.607 149.4 140.1 -5.0 -1.4 -1.0 -3.7 -6.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.744 120.2 120.2 1.5 0.3 0.3 0.0 0.0

Glass and glassware............................ 70 0.381 98.7 98.7 1.2 0.4 0.5 -0.1 0.0

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: July 2013 to July

2014 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July

2013 to

July

2014

Mar.

2014 to

Apr.

2014

Apr.

2014 to

May

2014

May

2014 to

June

2014

June

2014 to

July

2014

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.365 246.2 252.2 3.1 1.8 -1.4 -1.6 2.4

Base metals and articles of base metals. . .. XV 5.265 163.2 165.1 0.8 -0.6 0.6 -0.1 1.2

Iron and steel.................................... 72 1.427 191.8 190.1 4.1 0.8 1.1 -0.7 -0.9

Copper and articles thereof.................... 74 0.592 225.0 233.5 1.2 -4.1 0.2 0.5 3.8

Aluminum and articles thereof................. 76 0.829 119.8 124.0 1.9 -2.3 2.0 0.3 3.5

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.401 138.6 141.6 6.6 -0.7 0.3 -0.1 2.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.311 147.1 147.1 -0.1 0.1 0.0 0.0 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.845 97.7 97.4 0.1 0.0 0.3 0.0 -0.3

Machinery and mechanical appliances;

parts thereof................................... 84 16.832 113.0 112.9 1.3 0.1 0.4 0.0 -0.1

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.013 81.0 80.7 -1.8 -0.1 0.1 0.0 -0.4

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.443 130.0 130.0 1.4 0.3 0.1 0.1 0.0

Motor vehicles and their parts................. 87 8.747 115.2 115.3 1.1 0.3 0.1 0.1 0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.004 107.7 107.5 0.4 0.2 0.0 0.0 -0.2

Miscellaneous manufactured articles......... XX 1.413 110.5 110.5 -0.4 0.4 -0.3 0.0 0.0

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.783 121.8 121.8 -0.7 0.5 -0.6 0.1 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.476 89.5 89.5 0.0 0.2 0.0 0.0 0.0

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: July 2013 to July 2014

[2000=100, unless otherwise noted]

Description

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July 2013

to July

2014

Mar. 2014

to Apr.

2014

Apr. 2014

to May

2014

May 2014

to June

2014

June 2014

to July

2014

Industrialized Countries2

.................... 100.000 133.9 133.8 1.4 -1.3 0.2 0.2 -0.1

Nonmanufactured articles................... 13.256 258.2 254.6 4.6 -5.6 -0.4 1.5 -1.4

Manufactured articles........................ 86.171 124.0 124.2 1.0 -0.6 0.3 0.0 0.2

Other Countries3

.............................. 100.000 138.4 138.0 -0.1 -0.1 0.3 -0.2 -0.3

Nonmanufactured articles................... 20.303 352.4 347.5 1.4 0.3 0.4 0.8 -1.4

Manufactured articles........................ 79.453 109.5 109.5 -0.5 -0.2 0.3 -0.5 0.0

Canada.......................................... 100.000 156.5 156.2 2.4 -2.7 -0.3 0.7 -0.2

Nonmanufactured articles................... 34.025 250.3 246.3 5.4 -5.8 -0.4 1.5 -1.6

Manufactured articles........................ 65.120 135.3 136.1 0.5 -1.0 -0.3 0.4 0.6

European Union4

.............................. 100.000 139.1 139.2 2.5 0.5 0.4 0.1 0.1

Manufactured articles........................ 99.309 135.3 135.3 2.4 0.4 0.4 0.1 0.0

France (Dec. 2003=100)...................... 100.000 123.3 123.1 1.2 -0.1 0.6 0.3 -0.2

Germany (Dec. 2003=100)................... 100.000 120.0 119.0 2.7 0.5 0.2 0.4 -0.8

United Kingdom (Dec. 2003=100).......... 100.000 131.3 132.2 3.6 0.7 0.5 0.2 0.7

Latin America5

................................. 100.000 173.3 172.5 -1.0 -0.1 0.3 -0.3 -0.5

Nonmanufactured articles................... 29.444 374.6 371.5 -1.0 0.7 0.4 0.3 -0.8

Manufactured articles........................ 70.166 130.3 129.9 -0.8 -0.5 0.3 -0.5 -0.3

Mexico (Dec. 2003=100)...................... 100.000 142.0 141.5 -1.4 -0.1 0.0 -0.1 -0.4

Nonmanufactured articles (Dec.

2008=100).................................. 17.151 200.7 197.0 -1.9 -0.1 -0.1 -0.6 -1.8

Manufactured articles (Dec. 2008=100). .. 82.599 92.7 92.7 -1.1 -0.1 0.0 0.0 0.0

Pacific Rim (Dec. 2003=100)6

............... 100.000 102.7 102.5 -0.6 -0.1 0.0 0.0 -0.2

China (Dec. 2003=100)....................... 100.000 104.1 103.9 0.3 0.0 0.3 0.0 -0.2

Japan............................................ 100.000 98.9 98.6 -1.6 -0.2 -0.1 0.0 -0.3

Asian NICs7..................................... 100.000 88.9 88.9 -2.3 -0.4 0.0 0.0 0.0

ASEAN (Dec. 2003=100)8.................... 100.000 103.8 103.6 -0.9 -0.2 -0.2 -0.3 -0.2

Asia Near East (Dec. 2003=100)9

........... 100.000 264.8 264.3 1.3 0.4 -1.0 -0.3 -0.2

1 Relative importance figures are based on 2012 trade values.

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

3 Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.

4 European Union countries.

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

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

Countries.

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

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

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

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

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. international price indexes and percent changes for selected transportation services: July 2013 to

July 2014

[2000=100, unless otherwise noted]

Description

Relative

importance

June

20141

Index Percent change

June

2014

July

2014

Annual Monthly

July 2013

to July

2014

Mar. 2014

to Apr.

2014

Apr. 2014

to May

2014

May 2014

to June

2014

June

2014 to

July 2014

Air Freight

Import Air Freight.................................... 100.000 175.7 175.2 1.8 -0.5 -0.1 0.0 -0.3

Europe (Dec. 2003=100).......................... 28.314 180.7 179.5 8.8 -0.6 0.1 0.2 -0.7

Asia.................................................. 67.392 151.3 151.0 -0.3 -0.5 -0.1 -0.1 -0.2

Export Air Freight................................... 100.000 160.3 159.9 9.4 0.2 5.8 0.0 -0.2

Europe (Dec. 2006=100).......................... 35.556 143.2 143.0 8.7 0.1 5.4 0.0 -0.1

Inbound Air Freight................................. 100.000 165.3 165.0 2.7 -0.2 0.5 0.1 -0.2

Europe (Dec. 2003=100).......................... 27.208 159.6 159.2 7.4 -0.3 0.1 0.1 -0.3

Asia.................................................. 62.386 147.6 147.4 1.3 -0.3 0.8 0.0 -0.1

Outbound Air Freight............................... 100.000 153.2 153.2 5.4 -0.2 3.2 0.1 0.0

Europe (Dec. 2003=100).......................... 33.477 172.0 172.0 7.6 -0.1 3.6 0.2 0.0

Asia.................................................. 47.138 145.2 145.2 4.6 -0.4 2.9 0.1 0.0

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 208.5 202.7 2.6 0.3 2.1 6.9 -2.8

Europe............................................... 43.557 236.1 223.7 1.8 -1.4 3.8 8.7 -5.3

Asia.................................................. 24.528 167.4 164.3 -1.6 -1.2 8.3 5.8 -1.9

Latin America/Caribbean.......................... 8.213 169.3 172.1 -2.1 3.2 -3.3 0.5 1.7

Export Air Passenger Fares....................... 100.000 196.6 203.5 0.4 3.0 2.0 4.8 3.5

Europe............................................... 30.206 263.5 261.9 -0.7 3.1 4.3 13.2 -0.6

Asia.................................................. 29.258 168.3 171.5 3.3 2.2 8.8 1.4 1.9

Latin America/Caribbean.......................... 18.275 196.8 187.4 -8.7 -2.0 -2.3 1.3 -4.8

1 Relative importance figures are based on 2012 trade values.

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

Dash = Not available

14
15 

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes are reweighted annually, with a two-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 http://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 PPI (Producer Price 

Index) to produce the NAICS primary products indexes.

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

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

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

(c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for 

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

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

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

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

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

Agriculture. 

Services Price Indexes -- Starting in September 2008 the Import Air Passenger Fares Indexes represent 

changes in the average revenue per passenger received by foreign carriers from U.S. residents and are 

calculated from data obtained from an airline consulting service. These data include tickets sold by 

travel agencies and travel websites. Tickets sold directly by the airlines are excluded, as are frequent 

flyer tickets generally. Starting in January 2008 the Export Air Passenger Fares Indexes represent 

changes in the average revenue per passenger received by U.S. carriers from foreign residents and are 

calculated from data collected directly from airlines. These data include frequent flyer tickets and those 

sold by consolidators. Taxes and fees are included in the Import Air Passenger Fares Index and excluded 

from the Export Air Passenger Fares Index. 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 http://www.bls.gov/mxp under "MXP 

Publications."
16 

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

for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin 

using a nomenclature based upon the North American Industry Classification System (NAICS). 

Nonmanufactured goods are defined as NAICS 11 and 21 and manufactured goods are defined as 

NAICS 31-33. 

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

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

further data revisions take place. So, for example, data released 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 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 National Income and Product Accounts, 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. 

E-Mail Subscription -- The U.S. Import and Export Price Indexes news release is available through an 

e-mail subscription service at (http://www.bls.gov/bls/list.htm). 

 

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

page at (http://www.bls.gov/mxp). For technical assistance in using the BLS Internet site, send e-mail to 

(labstat.helpdesk@bls.gov). For Import/Export Price Index data requests, send e-mail 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.