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

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

after rising 0.8 percent in January. In February, higher nonfuel prices more than offset declining prices for 

imported fuel. Prices for U.S. exports rose 0.2 percent in February following a 0.8-percent advance the 

previous month.

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

 Percent change 

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

 Percent change 

0.3

-0.2

0.2

-0.1

-0.2 -0.2

0.6

0.8

0.2

1.0

0.2

0.8

0.4

-0.5

0.0

0.5

1.0

1.5

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

4.7

4.1

3.6

2.3

1.4 1.2

2.0

2.7

2.4

3.5

3.2 3.4 3.5

0.0

1.0

2.0

3.0

4.0

5.0

6.0

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

Transmission of material in this release is embargoed until

8:30 a.m. (EDT) Thursday, March 15, 2018

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

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

USDL-18-0376
2

All Imports: The price index for U.S. imports rose 0.4 percent in February, the seventh consecutive 

monthly increase, after advancing 0.8 percent in January. The last time the index declined on a monthly 

basis was a 0.2-percent drop in July 2017. Import prices advanced 3.5 percent for the 12-month period 

ended in February, matching the 12-month rise in November. Those were the largest annual increases since 

the index rose 3.6 percent for the 12-month period ended April 2017. 

Fuel Imports: The price index for fuel imports declined 0.6 percent in February, the first monthly decline 

since July. Prior to February, the index for fuel imports rose 29.1 percent between July 2017 and January 

2018. Both petroleum and natural gas prices contributed to the decline in overall fuel prices in February. 

Petroleum prices fell 0.5 percent and prices for natural gas decreased 3.0 percent. Despite the February 

decline, the price index for fuel imports rose 17.4 percent over the past 12 months. Petroleum prices 

increased 18.3 percent for the year ended in February and prices for natural gas advanced 17.9 percent over 

the same period. 

All Imports Excluding Fuel: The price index for nonfuel imports advanced 0.5 percent in February, after 

rising 0.5 percent the previous month. The last time the index increased by more than 0.5 percent was a 0.8-

percent advance in April 2011. Prices for capital goods; consumer goods; nonfuel industrial supplies and 

materials; foods, feeds, and beverages; and automotive vehicles all contributed to the February advance. The 

price index for nonfuel imports increased 2.1 percent over the past 12 months, the largest over-the-year rise 

since the index advanced 2.4 percent for the year ended February 2012. The primary contributor to the 12-

month advance in February was 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: February 2017 – February 2018 

 Percent change 

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

 Percent change

All Exports: U.S. export prices increased 0.2 percent in February after rising 0.8 percent in January. The 

last time the index declined on a monthly basis was a 0.1-percent decrease in June 2017. In February, higher 

prices for both nonagricultural and agricultural exports contributed to the increase in overall export prices. 

The price index for U.S. exports increased 3.3 percent over the past 12 months. 

Agricultural Exports: The price index for agricultural exports rose 0.6 percent in February, after ticking up 

0.1 percent the previous month. The February advance was the largest increase since the index rose 2.0 

percent in October and was driven by higher prices for corn and soybeans, which increased 7.2 percent and 

2.5 percent, respectively. Prices for agricultural exports rose 0.8 percent over the past year. Rising meat 

prices were the primary contributor to the advance in agricultural prices for the year ended in February. 

All Exports Excluding Agriculture: Nonagricultural export prices advanced 0.2 percent in February 

following a 0.8-percent rise in January. The price indexes for nonagricultural industrial supplies and 

materials, consumer goods, capital goods, and automotive vehicles all contributed to the monthly increase. 

Over the past 12 months prices for nonagricultural exports advanced 3.6 percent, which matched the 12-

month increase in January. Those were the largest 12-month rises since a 4.0-percent advance for the year 

ended December 2011. 

0.3

0.1 0.2

-0.6

-0.1

0.5

0.6

0.8

0.1

0.5

0.1

0.8

0.2

-1.0

-0.5

0.0

0.5

1.0

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

3.2

3.4

3.1

1.4

0.6

0.9

2.3

2.8 2.7

3.1

2.8

3.4 3.3

0.0

1.0

2.0

3.0

4.0

5.0

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

SELECTED FEBRUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Prices for imports from China increased 0.2 percent in February, the first 

monthly advance since the index rose 0.3 percent in November. The price index for imports from China 

increased 0.3 percent for the 12-month period ended in February, the largest 12-month advance since the 

index rose 0.4 percent for the year ended June 2014. Import prices from Japan advanced 0.2 percent in 

February, after a 0.5-percent rise in January. Despite the increase, prices for imports from Japan declined 

0.1 percent over the past 12 months. The last time the index advanced on a 12-month basis was an increase 

of 0.5 percent in July 2017. Import prices from Canada increased 0.2 percent in February and prices for 

imports from the European Union rose 0.7 percent. In contrast, the import price index from Mexico 

decreased 0.5 percent in February, the largest monthly drop since the index fell 1.2 percent in January 2017. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices increased 0.9

percent in February following a 1.8-percent advance in January. The rise in February was driven by higher 

prices for chemicals and iron and steel mill products.

Finished Goods: Prices for each of the finished goods categories increased in February. Prices for capital 

goods advanced 0.6 percent, led by rising prices for computers, peripherals, and semiconductors. The price 

indexes for consumer goods and automotive vehicles also rose in February, increasing 0.5 percent and 0.2 

percent, respectively. 

Foods, Feeds, and Beverages: Import prices for foods, feeds, and beverages rose 1.1 percent in February 

after advancing 0.8 percent the previous month. The February increase was driven by higher prices for 

vegetables, which advanced 4.3 percent.

Transportation Services: Import air passenger fares rose 0.9 percent in February, after decreasing 3.2

percent in January. The February advance was led by a 1.9-percent rise in European fares and a 4.6-percent 

increase in Latin American/Caribbean fares, which more than offset lower Asian fares. Import air passenger 

fares rose 4.2 percent over the past year. Import air freight prices increased 1.6 percent in February and 11.4

percent over the past 12 months. 

Export Prices

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

supplies and materials rose 0.3 percent in February. The advance was driven by a 1.5-percent increase in 

chemicals prices and a 2.0-percent rise in the price index for nonferrous metals.

Finished Goods: Prices for each of the major finished goods categories increased in February. Consumer 

goods prices advanced 0.3 percent, led by higher prices for medicinal, dental, and pharmaceutical 

preparatory materials. The price indexes for capital goods and automotive vehicles each ticked up 0.1 

percent in February. 

Transportation Services: Export air passenger fares decreased 8.9 percent in February, the largest decline

since the index fell 11.6 percent in February 2017. The decreases were driven by lower Asian and Latin 

American/Caribbean fares which more than offset higher European fares. Despite the monthly decreases, 

export air passenger fares rose 1.2 percent for the year ended in February. Prices for export air freight 

increased 0.2 percent in February and 7.1 percent over the past year. 

Import and Export Price Index data for March are scheduled for release on Thursday, April 12, 2018 at 

8:30 a.m. (EDT).
Table 1. U.S. import price indexes and percent changes for selected categories of goods: February 2017 to

February 2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

All commodities................................... 100.000 126.5 127.0 3.5 1.0 0.2 0.8 0.4

All imports excluding food and fuels (Dec.

2010=100)........................................ 82.891 99.9 100.4 1.9 0.1 -0.1 0.4 0.5

All imports excluding petroleum.............. 89.832 113.2 113.8 2.1 0.2 -0.1 0.5 0.5

All imports excluding fuels (Dec.

2001=100)........................................ 89.016 117.2 117.8 2.1 0.0 -0.2 0.5 0.5

Foods, feeds, & beverages................... 0 6.125 182.4 184.4 3.5 -1.0 -0.9 0.8 1.1

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.825 200.6 203.0 4.5 -1.1 -1.2 0.8 1.2

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.300 141.0 142.2 -0.2 -0.7 0.0 0.8 0.9

Industrial supplies & materials.............. 1 25.196 190.2 190.7 12.2 4.4 1.3 2.4 0.3

Industrial supplies & materials excluding

petroleum.................................... 15.110 157.0 158.1 8.4 1.4 0.3 2.1 0.7

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.200 176.8 178.4 8.6 0.9 -0.3 1.8 0.9

Industrial supplies & materials, durable. . .. 9.027 168.1 169.6 9.7 0.7 -0.8 2.3 0.9

Industrial supplies & materials nondurable

excluding petroleum....................... 6.000 143.0 143.6 6.6 2.5 2.0 1.9 0.4

Fuels & lubricants............................. 10 10.984 212.7 211.5 17.4 9.8 3.3 3.2 -0.6

Petroleum & petroleum products......... 100 10.168 230.1 229.0 18.3 9.5 2.8 3.0 -0.5

Crude........................................ 10000 7.288 241.3 237.7 20.0 9.4 3.2 4.3 -1.5

Fuels, n.e.s.-coals & gas.................. 101 0.632 124.3 120.8 7.1 19.4 16.0 8.9 -2.8

Gas-natural.................................. 10110 0.490 112.5 109.1 17.9 25.7 20.0 13.4 -3.0

Paper & paper base stocks.................. 11 0.546 111.3 112.6 7.1 0.6 0.5 1.5 1.2

Materials associated with nondurable

supplies & materials....................... 12 4.703 160.7 162.1 6.6 1.1 0.7 1.0 0.9

Selected building materials.................. 13 1.607 150.1 152.7 8.9 0.3 -1.0 -0.7 1.7

Unfinished metals related to durable

goods........................................ 14 3.904 234.4 236.6 13.5 1.5 -1.8 4.9 0.9

Finished metals related to durable

goods........................................ 15 1.801 160.1 161.8 11.0 0.4 0.3 1.6 1.1

Nonmetals related to durable goods. . . . . .. 16 1.651 110.6 110.5 1.7 0.0 0.1 0.2 -0.1

Capital goods................................... 2 26.736 89.3 89.8 1.2 -0.1 0.0 0.0 0.6

Electric generating equipment............... 20 3.227 117.0 117.7 1.2 0.2 -0.2 0.0 0.6

Nonelectrical machinery...................... 21 21.257 81.9 82.2 1.5 -0.1 0.0 0.1 0.4

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.252 135.4 137.4 0.5 0.1 0.1 0.3 1.5

Automotive vehicles, parts & engines..... 3 15.886 110.7 110.9 0.7 -0.1 0.0 0.5 0.2

Consumer goods, excluding

automotives.................................. 4 26.057 106.8 107.3 0.2 0.0 -0.1 0.1 0.5

Nondurables, manufactured................. 40 12.724 121.4 121.9 0.4 0.1 0.0 0.0 0.4

Durables, manufactured...................... 41 12.029 92.9 93.1 -0.2 0.0 -0.2 0.1 0.2

Nonmanufactured consumer goods. . . . . . .. 42 1.304 115.7 118.9 0.4 -0.3 0.2 0.8 2.8

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

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: February 2017 to

February 2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

All commodities................................... 100.000 125.7 126.0 3.3 0.5 0.1 0.8 0.2

Agricultural commodities....................... 9.892 178.6 179.7 0.8 -0.7 -0.3 0.1 0.6

All exports excluding food and fuels (Dec.

2010=100)........................................ 80.998 100.6 101.0 2.4 0.2 0.1 0.5 0.4

Nonagricultural commodities.................. 90.108 121.6 121.9 3.6 0.7 0.1 0.8 0.2

Foods, feeds, & beverages................... 0 9.250 180.1 181.3 0.8 -1.0 -0.5 -0.2 0.7

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.629 178.8 179.7 0.0 -1.0 -0.6 -0.3 0.5

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.621 207.9 212.5 11.0 -0.6 0.4 1.5 2.2

Industrial supplies & materials.............. 1 31.369 157.8 158.2 7.5 2.0 0.1 2.0 0.3

Industrial supplies & materials, durable. . .. 10.417 164.5 165.9 5.4 0.2 -0.1 1.5 0.9

Industrial supplies & materials,

nondurable.................................. 20.952 155.0 154.9 8.7 3.1 0.0 2.4 -0.1

Agricultural industrial supplies &

materials..................................... 10 1.263 183.3 185.5 5.8 1.0 1.2 2.4 1.2

Nonagricultural industrial supplies &

materials...................................... 30.106 157.0 157.4 7.7 2.1 -0.1 2.0 0.3

Fuels & lubricants............................. 11 9.751 192.4 189.8 14.6 5.1 -0.4 4.2 -1.4

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.347 157.1 158.7 4.9 1.0 0.1 1.1 1.0

Selected building materials.................. 13 1.008 121.3 122.1 4.2 0.2 -0.2 -1.9 0.7

Capital goods................................... 2 36.601 108.9 109.0 1.6 0.0 0.1 0.3 0.1

Electrical generating equipment............. 20 3.879 115.4 114.9 2.6 0.2 0.3 -0.5 -0.4

Nonelectrical machinery...................... 21 23.655 94.5 94.6 1.1 -0.1 0.0 0.3 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.067 173.1 173.6 2.5 0.1 0.3 0.5 0.3

Automotive vehicles, parts & engines..... 3 10.140 113.7 113.8 0.6 -0.1 -0.1 0.4 0.1

Consumer goods, excluding

automotives.................................. 4 12.640 110.0 110.3 2.4 0.1 0.2 0.5 0.3

Nondurables, manufactured................. 40 6.166 107.0 107.3 3.8 0.1 0.4 1.1 0.3

Durables, manufactured...................... 41 5.030 107.7 107.8 1.0 0.0 0.1 -0.1 0.1

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected industries: February 2017 to February

2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

Nonmanufacturing................................ 10.109 115.3 114.8 16.1 6.7 2.4 4.2 -0.4

Agriculture, forestry, fishing and

hunting........................................ 11 2.076 188.7 195.4 5.8 -2.4 -2.2 2.3 3.6

Crop production............................... 111 1.683 202.8 210.9 7.9 -3.3 -3.0 2.1 4.0

Animal production (Dec. 2014=100)........ 112 0.194 78.0 79.7 -0.6 3.1 0.7 2.6 2.2

Mining............................................ 21 8.033 107.5 105.9 19.1 9.5 3.7 4.7 -1.5

Oil and gas extraction........................ 211 7.810 107.9 106.1 19.6 9.9 3.9 5.0 -1.7

Manufacturing..................................... 89.605 111.4 112.1 2.4 0.4 0.0 0.4 0.6

Manufacturing, part 1......................... 31 11.347 124.7 125.1 1.1 -0.1 0.0 0.2 0.3

Food manufacturing.......................... 311 3.420 156.7 157.8 2.4 -0.2 -0.1 0.3 0.7

Beverage and tobacco product

manufacturing............................... 312 1.092 120.2 120.2 1.8 -0.1 0.0 0.7 0.0

Textile mills (Dec. 2011=100)............... 313 0.384 100.0 100.4 2.4 0.1 0.6 -0.2 0.4

Textile product mills.......................... 314 0.921 109.2 109.3 1.1 -0.2 0.0 0.0 0.1

Apparel manufacturing....................... 315 3.856 111.2 111.4 0.2 -0.1 0.1 0.3 0.2

Leather and allied product

manufacturing............................... 316 1.673 122.9 122.9 -0.1 0.1 0.1 0.0 0.0

Manufacturing, part 2......................... 32 18.009 124.3 125.6 5.0 1.7 0.4 0.1 1.0

Wood product manufacturing................ 321 0.988 132.2 135.6 12.8 0.5 -1.5 -1.2 2.6

Paper manufacturing......................... 322 1.005 106.6 107.3 2.9 0.1 0.2 0.4 0.7

Printing and related support activities

(Dec. 2016=100)........................... 323 0.209 100.3 100.4 0.3 -0.1 0.0 1.4 0.1

Petroleum and coal products

manufacturing............................... 324 2.587 94.0 96.8 15.7 10.7 1.5 -0.7 3.0

Chemical manufacturing..................... 325 10.051 138.1 139.1 3.4 0.6 0.4 0.4 0.7

Plastics and rubber products

manufacturing............................... 326 2.181 118.2 118.9 1.8 -0.1 0.1 -0.1 0.6

Nonmetallic mineral product

manufacturing............................... 327 0.987 129.6 129.7 0.8 0.1 0.2 0.4 0.1

Manufacturing, part 3......................... 33 60.248 104.6 105.1 1.7 0.1 -0.2 0.5 0.5

Primary metal manufacturing................ 331 4.418 154.3 156.5 13.0 1.3 -1.6 4.0 1.4

Fabricated metal product manufacturing... 332 3.090 126.6 127.4 5.1 0.1 0.1 0.4 0.6

Machinery manufacturing.................... 333 6.765 118.0 118.6 2.2 -0.1 0.1 0.2 0.5

Computer and electronic product

manufacturing............................... 334 17.095 75.5 75.8 0.0 0.0 -0.1 -0.1 0.4

Electrical equipment, appliance, and

component manufacturing................. 335 4.889 115.1 115.7 1.2 0.3 -0.2 -0.1 0.5

Transportation equipment manufacturing... 336 16.890 109.9 110.2 0.7 0.0 0.0 0.5 0.3

Furniture and related product

manufacturing............................... 337 1.768 116.1 116.1 0.8 0.0 0.0 0.3 0.0

Miscellaneous manufacturing............... 339 5.334 118.4 118.4 0.8 0.0 -0.1 0.8 0.0

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected industries: February 2017 to February

2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

Nonmanufacturing................................ 8.563 139.9 137.1 2.7 -0.1 0.4 1.2 -2.0

Agriculture, forestry, fishing and

hunting........................................ 11 5.148 155.0 155.6 -0.7 -1.5 -0.7 1.0 0.4

Crop production............................... 111 4.743 160.8 161.3 -1.3 -1.7 -0.8 1.1 0.3

Mining............................................ 21 3.415 93.0 87.7 7.9 2.4 2.1 1.5 -5.7

Mining (except oil and gas).................. 212 1.129 110.4 112.5 5.8 0.8 0.3 1.8 1.9

Manufacturing..................................... 89.818 115.2 115.8 3.5 0.4 0.0 0.8 0.5

Manufacturing, part 1......................... 31 6.937 138.9 140.1 3.0 -0.1 0.3 -0.4 0.9

Food manufacturing.......................... 311 4.747 157.0 158.4 3.1 -0.2 0.3 -0.8 0.9

Beverage and tobacco product

manufacturing............................... 312 0.678 116.8 120.0 10.1 0.3 -0.2 1.4 2.7

Textile mills (Dec. 2016=100)............... 313 0.629 101.5 102.4 0.9 0.0 0.5 -0.2 0.9

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.274 98.3 98.8 -1.5 0.7 1.0 1.0 0.5

Manufacturing, part 2......................... 32 25.097 114.6 115.8 8.0 1.8 -0.3 2.0 1.0

Wood product manufacturing (Dec.

2017=100)................................... 321 0.527 100.0 102.2 – – – 0.0 2.2

Paper manufacturing......................... 322 1.649 125.2 125.2 6.6 0.7 -0.3 0.7 0.0

Petroleum and coal products

manufacturing............................... 324 6.401 112.0 113.2 19.7 6.3 -1.7 6.0 1.1

Chemical manufacturing..................... 325 13.237 117.5 119.0 5.2 0.5 0.4 0.9 1.3

Plastics and rubber products

manufacturing............................... 326 2.225 114.0 114.2 -0.3 -0.3 -0.1 0.0 0.2

Nonmetallic mineral product

manufacturing............................... 327 0.821 114.2 115.1 2.2 -0.2 -0.1 -0.3 0.8

Manufacturing, part 3......................... 33 57.784 113.1 113.3 1.7 -0.1 0.1 0.4 0.2

Primary metal manufacturing................ 331 3.903 142.9 144.4 6.7 0.6 -0.2 2.3 1.0

Fabricated metal product manufacturing... 332 3.023 138.3 138.4 0.7 -0.2 -0.1 0.5 0.1

Machinery manufacturing.................... 333 8.947 125.8 126.2 0.8 -0.2 0.2 0.2 0.3

Computer and electronic product

manufacturing............................... 334 14.188 83.6 83.6 1.3 -0.1 0.0 0.4 0.0

Electrical equipment, appliance, and

component manufacturing................. 335 3.807 115.0 114.8 2.2 0.0 0.0 -0.6 -0.2

Transportation equipment manufacturing... 336 18.126 125.5 125.8 1.5 0.0 0.1 0.5 0.2

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.401 118.3 118.7 0.9 0.2 0.2 0.2 0.3

Miscellaneous manufacturing............... 339 5.389 119.7 120.2 1.5 0.2 0.2 0.0 0.4

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2017 to

February 2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

Live animals; animal products................. I 1.373 193.5 197.6 3.0 0.0 -0.1 1.3 2.1

Meat and edible meat offal..................... 02 0.374 246.9 252.4 6.6 -1.1 0.4 0.4 2.2

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.709 140.9 143.3 -1.7 -1.3 0.2 1.7 1.7

Vegetable products............................... II 2.067 224.4 233.0 7.5 -2.6 -2.8 1.7 3.8

Edible vegetables, roots, and tubers.......... 07 0.494 506.4 539.7 28.6 16.9 -4.9 0.3 6.6

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.858 130.9 133.0 6.9 -11.9 -3.7 1.9 1.6

Coffee, tea, mate and spices.................. 09 0.343 218.3 216.5 -8.8 -1.2 -2.2 0.5 -0.8

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.302 114.4 112.9 -5.8 0.2 -0.9 -1.6 -1.3

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.753 162.6 162.7 2.1 -0.1 0.1 0.4 0.1

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.202 90.5 90.5 5.1 -0.7 -0.1 4.6 0.0

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.197 94.4 95.2 -2.9 0.6 -1.3 0.0 0.8

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.364 168.3 167.5 5.7 0.1 -0.6 -1.2 -0.5

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.201 99.5 100.3 – – – -0.5 0.8

Beverages, spirits, and vinegar................ 22 1.034 130.2 130.3 2.0 -0.1 0.1 0.8 0.1

Mineral products.................................. V 10.756 211.8 210.8 17.8 9.6 3.1 3.3 -0.5

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.511 209.7 208.6 17.9 10.0 3.2 3.3 -0.5

Products of the chemical or allied

industries........................................ VI 9.415 155.7 156.7 3.4 0.7 0.8 0.8 0.6

Inorganic chemicals............................. 28 0.617 311.8 317.3 18.9 3.7 7.0 3.3 1.8

Organic chemicals............................... 29 2.384 129.9 130.2 6.1 1.1 1.4 0.8 0.2

Pharmaceutical products....................... 30 4.397 148.9 150.5 0.5 0.2 0.0 0.5 1.1

Fertilizers (Dec. 2009=100).................... 31 0.263 81.4 80.3 1.3 3.1 -1.0 1.5 -1.4

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.183 107.0 107.3 5.4 -0.5 0.9 0.7 0.3

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.578 102.5 103.2 3.0 0.1 -0.3 0.2 0.7

Miscellaneous chemical products............. 38 0.641 107.1 106.3 2.8 0.3 0.1 1.2 -0.7

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.394 139.9 140.9 1.5 -0.1 -0.1 -0.3 0.7

Plastics and articles thereof.................... 39 2.231 142.7 143.5 2.9 0.2 -0.3 -0.1 0.6

Rubber and articles thereof.................... 40 1.163 136.4 137.7 -1.0 -0.7 0.4 -0.7 1.0

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.633 124.2 124.4 0.9 0.1 -0.1 0.1 0.2

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.597 129.6 129.7 0.9 0.0 0.0 0.1 0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.017 160.6 164.9 12.9 0.4 -1.6 -1.2 2.7

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.993 110.8 113.8 13.2 0.4 -1.6 -1.2 2.7

Woodpulp, recovered paper, and paper

products......................................... X 1.060 112.4 113.4 3.4 0.3 0.2 0.9 0.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.696 103.8 105.3 1.5 0.0 0.0 0.7 1.4

See footnotes at end of table.

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

February 2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

Printed matter (Dec. 2015=100)............... 49 0.206 105.9 106.1 0.1 0.0 0.0 1.0 0.2

Textile and textile articles....................... XI 5.002 113.7 114.0 0.8 -0.2 0.2 0.3 0.3

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.011 103.9 104.0 0.2 -0.1 0.0 0.4 0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.698 119.1 119.2 0.1 -0.3 0.2 0.4 0.1

Made-up or worn textile articles............... 63 0.641 104.0 104.0 0.7 -0.1 0.3 -0.1 0.0

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.384 122.0 121.8 -0.5 0.1 0.2 -0.1 -0.2

Footwear and parts of such articles........... 64 1.159 121.0 120.9 -0.5 0.1 0.1 -0.1 -0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.928 131.6 131.3 0.8 -0.1 0.1 0.5 -0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.329 97.9 98.3 1.8 0.0 0.4 0.3 0.4

Ceramic products................................ 69 0.261 136.7 134.9 -1.6 0.1 0.1 0.0 -1.3

Glass and glassware............................ 70 0.338 132.0 132.0 1.9 -0.2 -0.2 0.9 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.107 175.1 175.0 4.4 0.8 -0.6 2.4 -0.1

Base metals and articles of base metals. . .. XV 5.531 177.2 179.3 9.6 0.6 -0.9 2.0 1.2

Iron and steel.................................... 72 1.247 209.6 214.2 12.6 0.1 -0.6 3.2 2.2

Articles of iron or steel.......................... 73 1.598 150.8 152.6 10.3 0.1 0.1 1.1 1.2

Copper and articles thereof.................... 74 0.426 306.2 303.8 11.1 2.8 -2.3 4.4 -0.8

Aluminum and articles thereof................. 76 0.939 137.4 138.0 10.3 0.9 -1.4 1.3 0.4

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.417 122.1 122.5 -0.2 0.0 -0.1 0.2 0.3

Miscellaneous articles of base metal. . . . . . . .. 83 0.516 136.8 137.2 1.4 0.0 0.1 -0.8 0.3

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.924 80.4 80.9 0.6 -0.1 0.0 -0.2 0.6

Machinery and mechanical appliances;

parts thereof................................... 84 14.129 86.5 87.1 1.9 0.0 0.0 -0.1 0.7

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.796 74.7 75.1 -0.5 -0.1 -0.1 -0.3 0.5

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.084 114.7 114.8 0.8 0.0 0.0 0.7 0.1

Motor vehicles and their parts................. 87 12.870 113.6 113.8 1.1 0.0 0.0 0.7 0.2

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.121 116.4 116.4 -2.0 0.2 0.2 0.3 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.892 103.3 103.4 2.1 -0.3 -0.1 1.7 0.1

Optical, photographic, measuring and

medical instruments.......................... 90 3.605 99.9 100.1 2.1 -0.4 -0.1 1.8 0.2

Clocks and watches and parts thereof. . . . . .. 91 0.229 142.5 142.4 0.4 0.0 0.3 -1.3 -0.1

Miscellaneous manufactured articles......... XX 4.289 111.4 111.5 0.2 0.2 0.0 0.0 0.1

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.704 117.3 117.4 0.9 0.3 -0.1 0.2 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.302 101.7 101.7 -1.0 0.1 0.2 0.1 0.0

Miscellaneous manufactured articles. . . . . . . .. 96 0.283 128.6 128.6 -0.8 0.0 -0.1 -0.8 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

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2017 to

February 2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

Live animals; animal products................. I 1.943 207.3 208.9 6.3 -1.0 0.5 -0.3 0.8

Meat & edible meat offal (Dec. 2006=100)... 02 1.193 167.0 168.5 12.1 -1.3 1.2 0.2 0.9

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.409 114.4 117.1 12.1 -0.6 0.5 1.4 2.4

Dairy products, eggs and honey (Dec.

2017=100)..................................... 04 0.262 94.5 94.4 – – – -5.5 -0.1

Vegetable products............................... II 4.761 195.1 195.1 -2.8 -2.2 -1.4 1.1 0.0

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.924 147.3 146.6 4.2 2.6 -1.5 0.8 -0.5

Cereals............................................ 10 1.370 183.5 192.0 7.7 0.7 0.4 1.5 4.6

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.899 199.3 203.5 -1.7 0.3 2.2 -2.5 2.1

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.074 150.0 152.1 3.9 -0.2 -0.1 0.6 1.4

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.350 117.7 117.6 0.9 0.0 0.0 0.4 -0.1

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.601 101.9 103.2 – – – 1.9 1.3

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.519 105.5 108.0 -1.4 -2.4 -2.7 -0.8 2.4

Residues and waste from the food

industries; prepared animal feed............ 23 0.699 205.6 211.9 6.4 2.1 1.7 1.3 3.1

Mineral products.................................. V 10.146 231.7 228.4 16.6 5.1 -0.1 4.3 -1.4

Ores, slag and ash (Dec. 2012=100)......... 26 0.556 109.0 113.4 21.3 2.1 0.4 3.3 4.0

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 9.413 222.3 218.4 16.7 5.4 -0.2 4.4 -1.8

Products of the chemical or allied

industries........................................ VI 10.796 137.7 139.8 4.2 0.2 0.7 0.9 1.5

Inorganic chemicals............................. 28 0.753 167.7 168.5 -5.5 0.4 2.5 3.1 0.5

Organic chemicals............................... 29 2.456 138.1 144.6 8.5 0.4 0.4 1.1 4.7

Pharmaceutical products....................... 30 3.281 108.3 109.0 5.6 -0.5 0.5 2.7 0.6

Fertilizers (Dec. 2016=100).................... 31 0.241 111.6 117.0 17.2 2.3 0.7 3.5 4.8

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.524 99.8 100.7 3.1 -0.1 -0.5 -1.6 0.9

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.815 130.2 130.4 -1.1 0.5 0.1 -2.0 0.2

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.527 126.6 126.5 8.3 0.6 -0.2 -0.1 -0.1

Miscellaneous chemical products............. 38 1.805 150.6 150.7 3.4 0.7 2.0 0.4 0.1

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.072 139.8 140.3 2.0 0.4 -0.7 0.3 0.4

Plastics and articles thereof.................... 39 4.211 136.6 136.8 3.8 0.8 -0.8 0.5 0.1

Rubber and articles thereof.................... 40 0.860 152.4 153.7 -5.8 -1.5 -0.4 -0.5 0.9

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.670 103.0 104.7 13.1 0.8 -0.1 -1.3 1.7

Woodpulp, recovered paper, and paper

products......................................... X 2.032 128.3 127.0 0.8 6.0 -0.2 0.1 -1.0

Woodpulp and recovered paper............... 47 0.632 136.1 130.7 -6.4 19.9 0.5 0.0 -4.0

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.070 124.0 124.5 4.4 0.0 -0.6 0.2 0.4

Printed material (Dec. 2014=100)............. 49 0.329 104.5 104.5 3.9 3.5 0.0 -0.6 0.0

Textile and textile articles....................... XI 1.665 122.1 122.3 0.5 0.3 0.5 1.2 0.2

See footnotes at end of table.

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

February 2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb.

2017 to

Feb.

2018

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Jan.

2018 to

Feb.

2018

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.451 132.3 132.1 2.8 1.9 2.2 3.2 -0.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.806 123.2 123.4 0.9 -0.1 0.0 -0.2 0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.270 101.2 101.3 1.1 -0.1 0.0 -0.1 0.1

Glass and glassware............................ 70 0.411 98.6 98.8 -0.5 -0.1 0.0 -0.3 0.2

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.138 239.7 240.9 5.8 0.3 -0.2 2.0 0.5

Base metals and articles of base metals. . .. XV 4.909 159.0 159.5 5.8 -0.1 0.2 1.3 0.3

Iron and steel.................................... 72 1.053 167.7 164.4 5.9 -3.4 1.2 3.6 -2.0

Copper and articles thereof.................... 74 0.581 203.2 204.8 21.0 2.6 0.8 3.0 0.8

Aluminum and articles thereof................. 76 0.959 118.2 121.7 11.1 2.7 -0.8 0.1 3.0

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.317 99.8 99.6 0.1 0.0 0.0 0.3 -0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.339 149.3 149.3 1.1 0.0 -0.1 0.8 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.621 96.8 96.9 1.1 -0.1 0.2 0.0 0.1

Machinery and mechanical appliances;

parts thereof................................... 84 15.804 113.8 114.0 0.6 -0.2 -0.1 0.2 0.2

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.817 78.4 78.4 2.0 -0.1 0.6 -0.1 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.313 134.1 134.5 1.7 0.0 0.2 0.5 0.3

Motor vehicles and their parts................. 87 8.325 115.7 115.9 0.7 -0.1 -0.1 0.5 0.2

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.953 108.3 108.7 2.3 0.2 0.1 0.5 0.4

Miscellaneous manufactured articles......... XX 1.409 112.4 112.2 -0.5 -0.1 -0.1 0.3 -0.2

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.819 128.4 128.9 0.4 -0.1 0.2 0.0 0.4

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.429 89.1 88.0 -1.7 0.0 -0.8 1.1 -1.2

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

12
Table 7. U.S. import price indexes and percent changes by locality of origin: February 2017 to February 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb. 2017

to Feb.

2018

Oct. 2017

to Nov.

2017

Nov. 2017

to Dec.

2017

Dec. 2017

to Jan.

2018

Jan. 2018

to Feb.

2018

Industrialized Countries2

.................... 100.000 123.8 124.4 4.3 1.1 0.5 1.1 0.5

Nonmanufacturing........................... 9.205 160.4 157.2 12.7 8.9 3.4 2.9 -2.0

Manufacturing................................ 90.251 120.2 121.1 3.2 0.3 0.3 0.8 0.7

Canada.......................................... 100.000 133.3 133.5 6.1 2.9 0.8 1.4 0.2

Nonmanufacturing........................... 24.663 153.4 150.1 11.8 9.4 3.7 2.7 -2.2

Manufacturing................................ 74.400 131.3 132.5 4.0 0.9 -0.2 1.0 0.9

European Union3

.............................. 100.000 135.5 136.4 3.3 0.2 0.3 0.7 0.7

Manufacturing................................ 99.005 132.1 132.9 3.3 0.3 0.2 0.7 0.6

France (Dec. 2003=100)...................... 100.000 127.5 128.3 6.0 0.1 0.0 1.3 0.6

Germany (Dec. 2003=100)................... 100.000 111.7 112.6 -0.6 0.0 -0.1 -3.0 0.8

United Kingdom (Dec. 2003=100).......... 100.000 120.1 120.5 2.4 0.3 0.1 0.8 0.3

Latin America4................................. 100.000 150.9 151.0 5.3 1.0 0.3 1.3 0.1

Nonmanufacturing........................... 19.128 269.0 266.4 14.6 4.1 1.5 5.0 -1.0

Manufacturing................................ 80.601 122.6 122.9 3.2 0.3 0.1 0.5 0.2

Mexico (Dec. 2003=100)...................... 100.000 129.7 129.1 4.5 -0.2 0.2 0.5 -0.5

Nonmanufacturing (Dec. 2008=100). . . . .. 9.178 141.3 134.6 15.9 -2.8 2.6 3.4 -4.7

Manufacturing (Dec. 2008=100)........... 90.575 89.1 89.0 3.4 0.2 -0.1 0.3 -0.1

Pacific Rim (Dec. 2003=100)5

............... 100.000 98.5 98.8 0.5 0.1 0.0 0.1 0.3

China (Dec. 2003=100)....................... 100.000 100.1 100.3 0.3 0.3 0.0 0.0 0.2

Japan............................................ 100.000 96.0 96.2 -0.1 0.0 0.0 0.5 0.2

Asian NICs6..................................... 100.000 88.1 88.2 3.9 -0.3 0.5 0.6 0.1

ASEAN (Dec. 2003=100)7.................... 100.000 98.3 98.4 0.7 -0.1 0.1 0.2 0.1

Asia Near East (Dec. 2003=100)8

........... 100.000 179.3 179.5 10.4 4.7 2.5 2.9 0.1

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

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

2017 to February 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Jan.

20181

Index Percent change

Jan.

2018

Feb.

2018

Annual Monthly

Feb. 2017

to Feb.

2018

Oct. 2017

to Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan. 2018

Jan. 2018

to Feb.

2018

Air Freight

Import Air Freight.................................... 100.000 177.2 180.1 11.4 6.9 -2.9 -2.4 1.6

Europe (Dec. 2003=100).......................... 24.755 144.6 151.0 10.6 0.5 0.1 0.4 4.4

Asia.................................................. 62.731 168.2 168.8 13.7 10.5 -4.5 -3.9 0.4

Export Air Freight................................... 100.000 167.8 168.1 7.1 1.8 -1.4 0.2 0.2

Europe (Dec. 2006=100).......................... 32.125 148.3 147.6 0.2 0.0 -0.8 -0.4 -0.5

Inbound Air Freight................................. 100.000 169.8 168.1 9.9 5.5 -0.6 0.0 -1.0

Europe (Dec. 2003=100).......................... 25.377 133.0 140.3 5.6 -1.7 3.4 1.1 5.5

Asia.................................................. 59.590 162.0 154.7 10.8 9.5 -2.2 -2.8 -4.5

Outbound Air Freight............................... 100.000 140.8 137.5 -1.0 1.4 -0.9 -0.2 -2.3

Europe (Dec. 2003=100).......................... 32.941 144.6 143.5 -0.1 2.6 -2.0 0.0 -0.8

Asia.................................................. 43.191 136.4 130.4 -2.7 2.1 -0.5 0.2 -4.4

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 187.7 189.3 4.2 -2.3 6.5 -3.2 0.9

Europe............................................... 46.279 234.0 238.5 10.3 3.2 -1.0 7.9 1.9

Asia.................................................. 22.081 135.1 127.6 -0.7 -4.6 17.6 -11.1 -5.6

Latin America/Caribbean.......................... 8.878 156.6 163.8 3.5 4.7 10.8 -13.0 4.6

Export Air Passenger Fares....................... 100.000 166.1 151.4 1.2 0.5 3.3 4.7 -8.9

Europe............................................... 26.904 193.1 206.4 -4.0 1.0 -5.2 -5.1 6.9

Asia.................................................. 27.864 151.0 129.2 4.5 2.8 12.5 12.5 -14.4

Latin America/Caribbean.......................... 25.120 181.8 165.6 4.6 2.4 3.4 7.3 -8.9

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

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 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 - 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 indexes and excluded from 

the export air passenger fares indexes. 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." 
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. 

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.