U.S. IMPORT AND EXPORT PRICE INDEXES – FEBRUARY 2016 

U.S. import prices fell 0.3 percent in February following a 1.0-percent drop in January, the U.S. Bureau of 

Labor Statistics reported today. The February decrease was mostly led by declining fuel prices. The price 

index for U.S. exports decreased 0.4 percent in February, after falling 0.8 percent the previous month. 

Chart 1. One-month percent change in the Import Price Index: February 2015 – February 2016 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: February 2015 – February 2016 

 Percent change 

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Transmission of material in this release is embargoed until 

8:30 a.m. (EST) Friday, March 11, 2016 

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

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

USDL-16-0464
2

All Imports: U.S. import prices fell 0.3 percent in February and have not recorded a monthly advance since 

the index ticked up 0.1 percent in June 2015. The February decrease followed declines of 1.0 percent in 

January and 1.2 percent in December. The price index for overall imports decreased 6.1 percent between 

February 2015 and February 2016. Despite the downward trend over the past 8 months, the 12-month drop 

recorded in February was the smallest over-the-year decline since the index fell 5.6 percent for the year 

ended in December 2014. 

Fuel Imports: Prices for import fuel declined 3.9 percent in February, after decreasing 21.9 percent over 

the previous 2 months. Fuel prices also have not recorded a monthly advance since June 2015 when the 

index rose 1.5 percent. Both petroleum and natural gas prices contributed to the February drop, falling 4.0 

percent and 6.3 percent, respectively. Prices for fuel declined 37.3 percent over the past year. A 38.5-percent 

decrease in petroleum prices over the period was the largest factor for the overall drop, although natural gas 

prices also fell for the year ended in February, declining 36.4 percent. 

All Imports Excluding Fuel: The price index for nonfuel imports edged down 0.1 percent in February, 

after recording no change the previous month. In February, lower prices for foods, feeds, and beverages; 

automotive vehicles; and nonfuel industrial supplies and materials more than offset rising consumer goods 

prices. Nonfuel import prices have not recorded a monthly increase since a 0.1-percent advance in July 2014 

and declined 2.7 percent over the past 12 months. 

 

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 2015 – February 2016 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: February 2015 – February 2016 

 Percent change

All Exports: Overall export prices decreased 0.4 percent in February as declining nonagricultural prices 

more than offset rising agricultural prices. The February decline followed decreases of 0.8 percent in 

January and 1.1 percent in December. The price index for overall exports has not recorded a 1-month 

increase since the index advanced 0.5 percent in May 2015. Export prices fell 6.0 percent over the past year. 

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

February, after decreasing 2.0 percent over the 2 previous months. In February, falling nonagricultural 

industrial supplies and materials prices drove the overall decline in nonagricultural prices, although lower 

prices for automotive vehicles and consumer goods also declined. In contrast, capital goods prices 

increased. Prices for nonagricultural exports decreased 5.6 percent for the year ended in February. 

Agricultural Exports: Prices for agricultural exports rose 0.6 percent in February, the first monthly 

advance since the index ticked up 0.1 percent in October 2015. The February increase was driven by a 6.8-

percent rise in fruit prices, a 3.1-percent advance in meat prices, and a 4.4-percent increase in corn prices. 

Despite the February advance, agricultural prices fell 10.4 percent over the past 12 months led by lower 

prices for meat, nuts, and soybeans over that period. 

 

 

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SELECTED FEBRUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: In February, prices for imports from China edged down 0.1 percent for the 

third consecutive month and have not recorded a monthly advance since the index increased 0.1 percent in 

December 2014. Import prices from China declined 1.6 percent over the past year. Led by lower fuel prices, 

prices for imports from Canada, the European Union, and Mexico also fell in February, declining 0.8 

percent, 0.5 percent, and 0.9 percent, respectively. The 0.5-percent decrease for import prices from the 

European Union was the largest monthly drop since the index fell 1.1 percent in September 2015, and the 

0.9-percent decline for import prices from Mexico was the largest 1-month decrease since the index dropped 

1.3 percent in August 2015. In contrast, the price index for imports from Japan rose 0.1 percent in February. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices edged down 

0.1 percent, led by lower prices for chemicals and building materials. The price index for nonfuel industrial 

supplies and materials has not recorded a 1-month increase since the index rose 0.5 percent in July 2014. 

 

Finished Goods: Consumer goods prices rose 0.3 percent in February, after advancing 0.4 percent in 

January. Both monthly increases were driven by higher prices for medicinal, dental, and pharmaceutical 

prices which rose 2.0 percent in February and 2.2 percent in January. In contrast, automotive vehicle prices 

fell 0.1 percent. In February, the price index for capital goods was unchanged from the previous month. 

 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices decreased 2.0 percent in February as a 

20.0-percent drop in vegetable prices more than offset an 8.3-percent rise in meat prices. 

Transportation Services: Import air passenger fares declined 1.5 percent in February, following a 1.0-

percent drop in January and a 0.6-percent decrease in December. In February, a 6.7-percent decline in Asian 

fares led the overall drop. Import air passenger fares decreased 3.3 percent for the year ended in February. 

The price index for import air freight fell 1.8 percent in February, after recording declines of 4.6 percent in 

January and 2.8 percent in December. Import air freight prices decreased 9.5 percent over the past year. 

Export Prices 

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

supplies and materials decreased 2.1 percent in February and 15.2 percent over the past 12 months. Both 

declines were driven by lower fuel prices which declined 6.1 percent in February and 33.0 percent between 

February 2015 and February 2016. 

 

Finished Goods: The major export finished goods categories were mixed in February. Capital goods prices 

rose 0.3 percent, led by a 4.2-percent increase in prices for civilian aircraft engines. The last monthly 

increase for capital goods prices larger than 0.3 percent was a 0.7-percent advance in January 2013. In 

contrast, prices for automotive vehicles fell 0.2 percent, and consumer goods prices edged down 0.1 percent. 

Transportation Services: Export air passenger fares decreased 14.3 percent in February, driven by a 16.4-

percent drop in Asian fares and a 15.9-percent decline in Latin American/Caribbean fares. The February 

decrease was the largest monthly drop since the index was first published monthly in December 2000. 

Export air passenger fares fell 11.8 percent over the past year. Prices for export air freight recorded no 

change in February and decreased 0.4 percent over the past year. 

 

Import and Export Price Index data for March 2016 are scheduled for release on Tuesday, April 12, 2016 at 

8:30 a.m. (EDT). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: February 2015 to

February 2016

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

All commodities................................... 100.000 118.1 117.8 -6.1 -0.6 -1.2 -1.0 -0.3

All imports excluding food and fuels (Dec.

2010=100)........................................ 87.209 98.2 98.3 -2.5 -0.2 -0.3 -0.1 0.1

All imports excluding petroleum.............. 94.086 110.8 110.7 -2.9 -0.3 -0.4 0.0 -0.1

All imports excluding fuels (Dec.

2001=100)........................................ 93.459 114.9 114.8 -2.7 -0.3 -0.3 0.0 -0.1

Foods, feeds, & beverages................... 0 6.250 173.4 170.0 -5.1 -0.2 -0.2 0.7 -2.0

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.859 190.8 186.1 -5.7 0.1 -0.4 0.5 -2.5

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.391 134.0 133.8 -3.0 -0.8 0.5 1.3 -0.1

Industrial supplies & materials.............. 1 19.936 140.4 138.5 -21.4 -2.1 -4.8 -5.3 -1.4

Industrial supplies & materials excluding

petroleum.................................... 14.021 137.3 136.9 -10.7 -1.1 -1.4 -0.9 -0.3

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.394 156.0 155.8 -9.9 -0.9 -1.3 -0.8 -0.1

Industrial supplies & materials, durable. . .. 7.949 141.9 142.1 -11.8 -1.0 -1.7 -1.1 0.1

Industrial supplies & materials nondurable

excluding petroleum....................... 5.445 131.3 130.2 -9.3 -1.0 -1.1 -0.5 -0.8

Fuels & lubricants............................. 10 6.542 117.7 113.1 -37.3 -4.0 -10.0 -13.3 -3.9

Petroleum & petroleum products......... 100 5.916 123.8 118.9 -38.5 -4.0 -10.5 -14.3 -4.0

Crude........................................ 10000 4.155 121.8 118.7 -38.1 -6.2 -12.4 -12.9 -2.5

Fuels, n.e.s.-coals & gas.................. 101 0.434 84.3 80.0 -30.6 -3.3 -5.3 -5.7 -5.1

Gas-natural.................................. 10110 0.342 68.5 64.2 -36.4 -4.7 -7.5 -4.3 -6.3

Paper & paper base stocks.................. 11 0.591 107.8 107.8 -3.7 0.2 -0.9 -0.6 0.0

Materials associated with nondurable

supplies & materials....................... 12 4.921 151.5 150.7 -7.4 -0.8 -0.6 -0.3 -0.5

Selected building materials.................. 13 1.299 134.1 133.0 -4.9 1.4 -0.3 -0.1 -0.8

Unfinished metals related to durable

goods........................................ 14 3.142 174.2 174.3 -21.3 -2.6 -3.4 -1.8 0.1

Finished metals related to durable

goods........................................ 15 1.714 144.6 144.5 -6.5 -0.7 -1.0 -0.6 -0.1

Nonmetals related to durable goods. . . . . .. 16 1.727 106.9 108.2 -2.7 -0.3 -0.4 -1.3 1.2

Capital goods................................... 2 29.278 89.6 89.6 -2.1 -0.2 -0.2 -0.2 0.0

Electric generating equipment............... 20 3.559 116.8 116.6 -2.4 -0.2 -0.3 0.2 -0.2

Nonelectrical machinery...................... 21 22.945 82.0 82.1 -2.3 -0.2 -0.2 -0.4 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.774 137.3 137.5 0.4 0.1 0.0 0.2 0.1

Automotive vehicles, parts & engines..... 3 16.470 110.6 110.5 -0.8 -0.1 -0.1 0.1 -0.1

Consumer goods, excluding

automotives.................................. 4 28.067 107.5 107.8 0.0 0.0 -0.1 0.4 0.3

Nondurables, manufactured................. 40 13.383 120.2 121.1 1.9 0.0 0.0 0.8 0.7

Durables, manufactured...................... 41 13.148 94.9 94.8 -1.5 -0.1 -0.3 -0.1 -0.1

Nonmanufactured consumer goods. . . . . . .. 42 1.536 119.8 120.1 -1.8 0.3 1.5 -0.4 0.3

1 Relative importance figures are based on 2014 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 2015 to

February 2016

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

All commodities................................... 100.000 118.8 118.3 -6.0 -0.7 -1.1 -0.8 -0.4

Agricultural commodities....................... 9.073 173.4 174.4 -10.4 -0.9 -0.9 -1.3 0.6

All exports excluding food and fuels (Dec.

2010=100)........................................ 85.495 97.9 97.8 -3.2 -0.4 -0.5 -0.3 -0.1

Nonagricultural commodities.................. 90.927 114.6 114.1 -5.6 -0.7 -1.1 -0.9 -0.4

Foods, feeds, & beverages................... 0 8.479 174.7 176.2 -10.1 -0.7 -1.2 -1.4 0.9

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 7.811 174.9 176.1 -10.6 -0.9 -1.1 -1.5 0.7

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.668 180.0 186.0 -3.9 1.4 -1.3 -1.1 3.3

Industrial supplies & materials.............. 1 28.005 134.6 131.9 -15.0 -2.0 -2.9 -2.1 -2.0

Industrial supplies & materials, durable. . .. 10.388 147.4 147.3 -9.8 -1.4 -1.8 -0.2 -0.1

Industrial supplies & materials,

nondurable.................................. 17.617 128.6 124.6 -17.8 -2.3 -3.6 -3.2 -3.1

Agricultural industrial supplies &

materials..................................... 10 1.262 169.5 169.4 -9.2 -1.5 0.4 -0.2 -0.1

Nonagricultural industrial supplies &

materials...................................... 26.743 133.4 130.6 -15.2 -2.0 -3.1 -2.2 -2.1

Fuels & lubricants............................. 11 6.026 126.3 118.6 -33.0 -3.6 -8.9 -7.7 -6.1

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.671 146.2 144.9 -9.0 -1.6 -1.3 -0.5 -0.9

Selected building materials.................. 13 1.046 114.8 113.9 -4.9 0.5 0.6 0.3 -0.8

Capital goods................................... 2 39.504 106.8 107.1 -0.6 -0.1 -0.2 -0.1 0.3

Electrical generating equipment............. 20 4.019 112.1 111.9 -2.5 -0.2 -0.4 -0.2 -0.2

Nonelectrical machinery...................... 21 26.747 94.3 94.3 -1.4 0.0 -0.2 -0.2 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 8.739 162.2 164.5 2.6 -0.1 -0.1 0.2 1.4

Automotive vehicles, parts & engines..... 3 10.916 113.5 113.3 -0.4 -0.1 -0.1 0.0 -0.2

Consumer goods, excluding

automotives.................................. 4 13.096 110.5 110.4 -2.3 0.0 -0.4 -0.8 -0.1

Nondurables, manufactured................. 40 5.909 105.6 105.2 -3.6 0.0 -0.6 -1.4 -0.4

Durables, manufactured...................... 41 5.524 108.8 109.1 -1.4 0.0 -0.5 -0.5 0.3

1 Relative importance figures are based on 2014 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 categories of goods: February 2015 to

February 2016

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

Nonmanufactured articles...................... 6.896 69.8 67.1 -30.5 -4.3 -8.4 -8.3 -3.9

Agriculture, forestry, fishing and

hunting........................................ 11 2.111 179.0 167.8 -5.6 0.9 1.5 1.3 -6.3

Crop production............................... 111 1.729 194.6 179.1 -4.6 0.6 2.8 1.5 -8.0

Animal production (Dec. 2014=100)........ 112 0.210 78.9 82.0 -12.3 4.6 -6.4 3.7 3.9

Mining............................................ 21 4.785 56.0 54.5 -37.2 -5.9 -11.5 -11.9 -2.7

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.239 93.0 93.1 -19.3 0.5 -0.2 -4.5 0.1

Manufactured articles............................ 92.825 108.4 108.3 -3.7 -0.2 -0.5 -0.5 -0.1

Manufactured goods, part 1................. 31 12.340 122.7 122.8 -2.4 -0.2 -0.3 -0.1 0.1

Food manufacturing.......................... 311 3.432 147.0 147.9 -6.7 -0.4 -1.0 -0.1 0.6

Beverage and tobacco product

manufacturing............................... 312 1.113 118.0 118.2 0.7 -0.2 -0.3 0.2 0.2

Textile mills (Dec. 2011=100)............... 313 0.418 99.7 99.6 -2.6 -0.5 -0.2 0.2 -0.1

Textile product mills.......................... 314 0.926 110.1 109.6 -3.2 -0.4 -0.1 -0.6 -0.5

Apparel manufacturing....................... 315 4.477 111.6 111.6 -0.4 -0.1 0.0 0.1 0.0

Leather and allied product

manufacturing............................... 316 1.974 123.9 123.7 -0.5 0.0 -0.1 -0.4 -0.2

Manufactured goods, part 2................. 32 16.827 113.6 113.4 -7.6 0.2 -0.9 -2.1 -0.2

Wood product manufacturing................ 321 0.773 110.8 110.0 -7.3 1.8 -0.6 0.1 -0.7

Paper manufacturing......................... 322 1.098 105.4 105.4 -4.7 0.0 -0.8 -0.4 0.0

Petroleum and coal products

manufacturing............................... 324 1.642 60.4 55.9 -40.4 1.7 -5.9 -18.7 -7.5

Chemical manufacturing..................... 325 9.748 132.0 133.4 -1.0 -0.2 -0.2 0.8 1.1

Plastics and rubber products

manufacturing............................... 326 2.303 116.2 116.4 -3.4 -0.1 -0.3 -1.8 0.2

Nonmetallic mineral product

manufacturing............................... 327 1.058 129.9 129.8 -0.3 0.2 -0.1 -0.3 -0.1

Manufactured goods, part 3................. 33 63.659 103.3 103.3 -2.8 -0.3 -0.4 -0.2 0.0

Primary metal manufacturing................ 331 3.902 117.9 117.6 -20.5 -2.4 -3.4 -2.1 -0.3

Fabricated metal product manufacturing... 332 3.204 123.4 123.0 -2.8 -0.4 -0.3 -0.4 -0.3

Machinery manufacturing.................... 333 7.929 117.3 117.3 -1.8 -0.2 -0.4 -0.3 0.0

Computer and electronic product

manufacturing............................... 334 18.571 77.1 77.0 -2.0 -0.1 -0.1 -0.3 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 5.017 116.5 116.2 -2.1 -0.2 -0.5 0.3 -0.3

Transportation equipment manufacturing... 336 17.710 109.8 109.8 -0.5 0.0 -0.1 0.1 0.0

Furniture and related product

manufacturing............................... 337 1.703 115.3 115.1 -0.9 0.1 -0.3 0.2 -0.2

Miscellaneous manufacturing............... 339 5.623 119.1 120.0 -0.8 0.0 -0.2 0.2 0.8

1 Relative importance figures are based on 2014 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 categories of goods: February 2015 to

February 2016

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

Nonmanufactured articles...................... 6.946 120.8 118.7 -12.3 -3.4 -0.4 0.8 -1.7

Agriculture, forestry, fishing and

hunting........................................ 11 4.659 152.6 154.2 -7.7 -1.6 -1.1 -1.0 1.0

Crop production............................... 111 4.382 158.0 159.3 -8.0 -1.6 -1.2 -1.1 0.8

Mining............................................ 21 2.287 64.3 59.5 -21.1 -7.0 0.8 4.9 -7.5

Mining (except oil and gas).................. 212 1.113 75.6 73.0 -19.7 -1.5 -1.9 -2.1 -3.4

Manufactured articles............................ 91.845 109.8 109.5 -5.2 -0.5 -1.0 -0.9 -0.3

Manufactured goods, part 1................. 31 6.720 132.2 132.3 -10.2 -0.4 -0.6 -1.0 0.1

Food manufacturing.......................... 311 4.486 147.7 147.4 -12.5 -0.4 -1.0 -1.1 -0.2

Beverage and tobacco product

manufacturing............................... 312 0.610 104.9 105.8 -8.8 -0.2 0.8 -2.2 0.9

Manufactured goods, part 2................. 32 22.666 101.9 100.1 -12.7 -1.3 -2.8 -2.7 -1.8

Paper manufacturing......................... 322 1.767 121.7 122.3 -1.5 -0.9 -0.3 -0.4 0.5

Printing and related support activities

(Dec. 2015=100)........................... 323 0.272 100.0 100.0 – – – 0.0 0.0

Petroleum and coal products

manufacturing............................... 324 3.694 69.5 65.3 -37.7 -3.3 -11.8 -10.3 -6.0

Chemical manufacturing..................... 325 13.080 113.5 111.9 -7.5 -1.2 -0.8 -1.3 -1.4

Plastics and rubber products

manufacturing............................... 326 2.450 116.8 116.7 -2.1 0.0 -0.2 0.3 -0.1

Nonmetallic mineral product

manufacturing............................... 327 0.872 111.9 112.0 -0.6 0.1 0.1 -0.7 0.1

Manufactured goods, part 3................. 33 62.459 110.8 111.0 -1.6 -0.3 -0.4 -0.2 0.2

Primary metal manufacturing................ 331 4.073 126.8 126.0 -13.0 -2.0 -3.0 -0.4 -0.6

Fabricated metal product manufacturing... 332 3.340 130.1 130.2 0.5 0.2 -0.1 0.2 0.1

Machinery manufacturing.................... 333 11.718 125.4 125.5 0.5 -0.1 -0.1 0.2 0.1

Computer and electronic product

manufacturing............................... 334 14.762 84.3 84.2 -3.1 -0.2 -0.4 -0.5 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.874 111.9 111.9 -2.4 -0.4 -0.5 -0.4 0.0

Transportation equipment manufacturing... 336 18.523 121.7 122.3 1.0 -0.1 -0.1 0.1 0.5

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.397 110.5 112.9 2.5 0.0 0.1 0.3 2.2

Miscellaneous manufacturing............... 339 5.772 121.8 121.9 -1.3 0.1 -0.2 -0.2 0.1

1 Relative importance figures are based on 2014 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 2015 to

February 2016

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

Live animals; animal products................. I 1.435 180.1 183.9 -5.9 0.5 -1.5 1.5 2.1

Meat and edible meat offal..................... 02 0.378 218.1 232.3 -8.8 1.8 -2.0 -1.8 6.5

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.783 132.7 132.0 -3.9 -1.5 0.6 2.8 -0.5

Vegetable products............................... II 2.183 212.1 195.9 -3.5 0.1 3.1 1.5 -7.6

Edible vegetables, roots, and tubers.......... 07 0.663 589.0 447.7 14.2 0.0 4.3 13.3 -24.0

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.579 93.2 91.7 -9.7 0.3 2.7 -4.5 -1.6

Coffee, tea, mate and spices.................. 09 0.364 225.3 225.9 -12.0 -0.9 2.0 -2.6 0.3

Oilseeds & misc grains, seeds, plants, straw

& fodder (Dec. 2015=100)................... 12 0.171 103.0 102.2 – – – 3.0 -0.8

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.262 97.8 97.9 -9.6 -0.4 -5.3 0.7 0.1

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.797 158.1 157.8 -3.1 0.0 -0.4 -0.6 -0.2

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.192 84.8 84.9 -7.6 0.1 -0.6 -0.1 0.1

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.239 108.6 105.7 -5.8 1.7 -0.3 -6.1 -2.7

Preparations of cereals, flour, starch or milk;

bakers’ wares (Dec. 2007=100)............. 19 0.290 132.0 131.8 -0.8 -0.1 -0.1 0.0 -0.2

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.327 153.4 152.1 -7.7 1.1 -0.1 -0.5 -0.8

Beverages, spirits, and vinegar................ 22 1.051 128.0 128.3 0.6 -0.2 0.0 0.0 0.2

Mineral products.................................. V 6.587 117.6 113.1 -37.7 -4.1 -10.1 -13.5 -3.8

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 6.323 114.4 109.9 -38.3 -4.1 -10.4 -13.9 -3.9

Products of the chemical or allied

industries........................................ VI 9.148 148.4 149.7 0.8 -0.2 -0.1 1.5 0.9

Inorganic chemicals............................. 28 0.595 271.4 269.1 -12.3 -1.2 -1.9 -2.5 -0.8

Organic chemicals............................... 29 2.503 124.1 123.6 0.3 -0.1 0.1 2.4 -0.4

Pharmaceutical products....................... 30 3.880 140.1 143.6 5.4 0.3 0.2 0.9 2.5

Fertilizers (Dec. 2009=100).................... 31 0.317 84.2 83.5 -27.1 0.1 0.9 -9.0 -0.8

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.190 96.8 97.5 -6.7 0.0 -0.2 -1.0 0.7

Miscellaneous chemical products............. 38 0.688 102.4 102.6 13.7 -3.5 -0.7 14.7 0.2

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.543 135.5 135.5 -6.2 -0.3 -0.5 -1.5 0.0

Plastics and articles thereof.................... 39 2.275 139.1 138.9 -6.8 -0.2 -0.3 -1.9 -0.1

Rubber and articles thereof.................... 40 1.268 130.6 130.8 -5.1 -0.4 -0.8 -0.9 0.2

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.739 126.6 125.7 -2.0 -0.1 0.0 -0.3 -0.7

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.700 129.9 129.6 -0.8 -0.1 0.0 -0.1 -0.2

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.811 135.3 134.4 -6.7 1.8 -0.4 0.0 -0.7

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.785 92.8 92.1 -7.0 1.9 -0.4 0.0 -0.8

Woodpulp, recovered paper, and paper

products......................................... X 1.179 109.9 109.8 -2.7 0.1 -0.5 -0.5 -0.1

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.795 104.0 104.2 -2.4 -0.3 -0.1 -0.8 0.2

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2015 to

February 2016 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

Printed matter (Dec. 2015=100)............... 49 0.215 100.0 100.0 – – – 0.0 0.0

Textile and textile articles....................... XI 5.627 113.7 113.6 -1.0 -0.1 -0.2 0.0 -0.1

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.331 104.0 104.0 0.1 0.0 0.0 0.0 0.0

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.945 119.8 119.8 -0.5 -0.1 -0.2 0.3 0.0

Made-up or worn textile articles............... 63 0.656 104.1 103.6 -3.2 -0.4 -0.2 -0.7 -0.5

Headgear, umbrellas, artifical flowers, etc... XII 1.569 123.1 123.1 0.2 -0.1 -0.1 -0.2 0.0

Footwear and parts of such articles........... 64 1.362 122.1 122.1 -0.1 -0.1 -0.2 -0.3 0.0

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.981 131.3 131.2 -0.8 0.2 -0.4 -0.4 -0.1

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.340 99.3 99.0 – – – -0.7 -0.3

Ceramic products................................ 69 0.291 138.5 138.5 0.1 -0.1 0.1 0.3 0.0

Glass and glassware............................ 70 0.350 128.1 128.2 -0.6 0.0 -1.0 -0.5 0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.954 160.4 162.6 -7.7 -0.9 -2.6 0.6 1.4

Base metals and articles of base metals. . .. XV 5.433 151.9 150.8 -13.5 -1.4 -1.2 -1.8 -0.7

Iron and steel.................................... 72 1.209 150.7 148.6 -26.5 -4.0 -1.7 -4.3 -1.4

Articles of iron or steel.......................... 73 1.782 140.3 139.2 -8.1 -0.8 -0.9 -1.2 -0.8

Copper and articles thereof.................... 74 0.376 247.2 240.1 -16.0 -0.9 -1.5 -2.6 -2.9

Aluminum and articles thereof................. 76 0.738 120.6 120.1 -13.7 -1.5 -0.7 -0.7 -0.4

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.467 125.6 125.6 -2.6 -0.7 -0.2 -0.2 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.541 137.3 137.1 -0.7 0.4 -0.2 -0.2 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 31.562 81.6 81.4 -2.2 -0.1 -0.2 -0.1 -0.2

Machinery and mechanical appliances;

parts thereof................................... 84 16.028 86.6 86.6 -2.0 -0.1 -0.3 -0.1 0.0

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 15.534 76.7 76.4 -2.3 -0.1 -0.3 -0.1 -0.4

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.723 114.3 114.2 -0.4 -0.1 -0.2 0.2 -0.1

Motor vehicles and their parts................. 87 13.184 112.8 112.8 -0.4 -0.1 -0.2 0.1 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.466 120.3 120.3 0.1 0.0 0.1 0.4 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 4.080 102.6 104.0 0.0 0.0 -0.2 -0.3 1.4

Optical, photographic, measuring and

medical instruments.......................... 90 3.744 99.4 100.8 0.1 0.0 -0.2 -0.4 1.4

Clocks and watches and parts thereof. . . . . .. 91 0.270 140.3 141.3 -1.1 0.3 -0.7 0.2 0.7

Miscellaneous manufactured articles......... XX 4.299 112.2 112.2 -1.2 0.0 -0.3 0.1 0.0

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.628 116.7 116.7 -1.5 0.0 -0.4 0.1 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.384 103.8 103.7 -1.2 -0.1 0.1 -0.1 -0.1

Miscellaneous manufactured articles. . . . . . . .. 96 0.286 135.4 135.4 0.4 0.0 -0.1 1.1 0.0

1 Relative importance figures are based on 2014 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 2015 to

February 2016

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

Live animals; animal products................. I 1.690 179.4 181.8 -15.6 0.5 -1.6 -1.5 1.3

Meat & edible meat offal (Dec. 2006=100)... 02 0.958 135.6 141.5 -18.3 -0.4 -1.4 -2.4 4.4

Vegetable products............................... II 4.380 194.4 197.2 -8.7 -0.8 -1.8 -1.0 1.4

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.047 172.4 172.3 -5.6 0.3 -2.9 1.4 -0.1

Cereals............................................ 10 1.270 178.9 184.6 -11.1 -1.3 -4.1 -3.5 3.2

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.513 185.7 187.8 -12.9 -2.9 0.4 -1.6 1.1

Prepared foodstuffs, beverages,and

tobacco........................................... IV 2.965 146.7 145.3 -9.6 -0.4 -0.4 -1.2 -1.0

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.385 119.3 118.9 0.4 -0.3 0.5 0.3 -0.3

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.524 104.5 104.3 -5.4 -0.7 -1.3 -1.5 -0.2

Residues and waste from the food

industries; prepared animal feed............ 23 0.652 194.6 192.8 -19.2 -1.3 -0.7 -2.2 -0.9

Mineral products.................................. V 6.007 145.6 136.6 -32.8 -4.0 -9.0 -5.8 -6.2

Ores, slag and ash (Dec. 2012=100)......... 26 0.441 68.7 67.8 -23.6 -1.9 -2.6 -2.1 -1.3

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 5.366 138.1 128.7 -34.2 -4.2 -9.7 -6.2 -6.8

Products of the chemical or allied

industries........................................ VI 10.976 136.9 134.9 -6.4 -0.5 -0.6 -1.2 -1.5

Inorganic chemicals............................. 28 0.981 184.0 170.5 -6.4 -0.2 0.4 0.1 -7.3

Organic chemicals............................... 29 2.508 133.1 132.6 -10.0 -0.9 -0.5 -1.6 -0.4

Pharmaceutical products....................... 30 2.952 106.5 105.5 -5.6 0.1 -1.0 -2.5 -0.9

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.559 99.6 98.9 – – – -0.4 -0.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.846 134.3 134.1 -1.3 0.1 0.0 -0.9 -0.1

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.524 116.0 116.0 2.0 0.3 -0.4 3.3 0.0

Miscellaneous chemical products............. 38 1.897 147.9 144.5 -5.9 -0.7 -1.0 -0.4 -2.3

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.152 136.0 135.1 -6.5 -1.4 -0.4 -0.4 -0.7

Plastics and articles thereof.................... 39 4.156 131.3 130.4 -6.9 -1.6 -0.4 -0.6 -0.7

Rubber and articles thereof.................... 40 0.996 155.9 155.2 -4.7 -0.6 -0.6 0.5 -0.4

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.335 120.0 120.8 -18.7 -3.4 0.0 -0.5 0.7

Raw hides and skins other than furskins

and leather (Dec.2014=100)................. 41 0.180 68.0 67.8 -29.7 -5.2 -0.4 -1.3 -0.3

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.666 96.3 95.1 -4.3 1.1 0.8 0.0 -1.2

Woodpulp, recovered paper, and paper

products......................................... X 2.142 120.7 120.6 -2.3 -0.7 -0.6 -1.0 -0.1

Woodpulp and recovered paper............... 47 0.602 119.5 119.1 -2.9 -2.8 -1.3 -1.5 -0.3

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.154 120.3 120.2 -2.8 0.2 -0.8 -1.1 -0.1

Printed material (Dec. 2014=100)............. 49 0.386 100.4 100.4 0.1 0.1 1.2 0.0 0.0

Textile and textile articles....................... XI 1.742 120.1 119.7 -2.8 -0.7 0.4 -0.4 -0.3

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.389 114.1 112.2 -6.3 -1.2 0.0 -1.7 -1.7

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2015 to

February 2016 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb.

2015 to

Feb.

2016

Oct.

2015 to

Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan.

2016

Jan.

2016 to

Feb.

2016

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.882 122.9 123.0 0.3 0.2 0.1 0.2 0.1

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.297 100.5 100.5 – – – 0.5 0.0

Glass and glassware............................ 70 0.445 99.4 99.4 -0.2 0.1 0.1 0.1 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.231 219.7 223.4 -7.2 -1.4 -2.5 0.7 1.7

Base metals and articles of base metals. . .. XV 4.971 141.3 139.7 -9.8 -1.5 -1.3 -0.4 -1.1

Iron and steel.................................... 72 0.978 136.3 134.7 -20.5 -4.0 -2.8 -1.0 -1.2

Copper and articles thereof.................... 74 0.408 144.5 144.3 -21.2 -3.4 -6.3 -4.4 -0.1

Aluminum and articles thereof................. 76 0.779 103.5 98.3 -17.7 -2.7 0.0 -0.1 -5.0

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.399 100.2 99.6 – – – 0.2 -0.6

Miscellaneous articles of base metal. . . . . . . .. 83 0.361 148.2 148.2 0.3 0.0 -0.2 -0.1 0.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 30.271 96.0 96.3 -1.3 -0.1 -0.2 -0.2 0.3

Machinery and mechanical appliances;

parts thereof................................... 84 18.055 112.6 113.4 -0.5 -0.2 -0.2 -0.2 0.7

Electrical machinery and equipment and

parts and accessories thereof............... 85 12.216 77.9 77.8 -2.6 -0.1 -0.3 -0.4 -0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 15.331 131.0 131.0 0.5 -0.1 -0.1 0.1 0.0

Motor vehicles and their parts................. 87 9.359 114.8 114.6 -0.2 -0.1 -0.1 0.0 -0.2

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.355 107.2 107.1 -0.3 0.1 -0.3 0.2 -0.1

Miscellaneous manufactured articles......... XX 1.565 111.1 111.6 0.3 -0.6 0.2 0.0 0.5

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.923 124.4 124.9 1.3 -0.6 0.2 0.2 0.4

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.483 90.1 90.1 0.2 0.0 0.3 0.0 0.0

1 Relative importance figures are based on 2014 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 2015 to February 2016

[2000=100, unless otherwise noted]

Description

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb. 2015

to Feb.

2016

Oct. 2015

to Nov.

2015

Nov. 2015

to Dec.

2015

Dec. 2015

to Jan.

2016

Jan. 2016

to Feb.

2016

Industrialized Countries2

.................... 100.000 114.4 114.4 -5.8 -0.4 -1.1 -0.9 0.0

Nonmanufactured articles................... 6.451 102.2 99.9 -26.7 -3.7 -9.2 -4.5 -2.3

Manufactured articles........................ 93.173 115.0 115.2 -3.8 -0.1 -0.5 -0.6 0.2

Other Countries3

.............................. 100.000 115.9 115.3 -6.6 -0.7 -1.3 -1.2 -0.5

Nonmanufactured articles................... 7.343 144.3 137.3 -30.5 -4.8 -8.3 -7.9 -4.9

Manufactured articles........................ 92.434 102.6 102.3 -3.9 -0.2 -0.5 -0.6 -0.3

Canada.......................................... 100.000 111.9 111.0 -11.9 -0.6 -2.9 -2.1 -0.8

Nonmanufactured articles................... 19.043 96.7 94.3 -27.3 -3.8 -9.8 -4.7 -2.5

Manufactured articles........................ 80.288 120.1 119.7 -7.4 0.3 -1.1 -1.6 -0.3

European Union4

.............................. 100.000 132.1 131.5 -2.3 -0.4 -0.4 0.1 -0.5

Manufactured articles........................ 99.563 128.8 128.2 -2.2 -0.4 -0.3 0.1 -0.5

France (Dec. 2003=100)...................... 100.000 122.3 122.4 -0.1 -0.2 -0.2 1.0 0.1

Germany (Dec. 2003=100)................... 100.000 113.2 113.7 -3.1 -0.1 -0.3 -2.7 0.4

United Kingdom (Dec. 2003=100).......... 100.000 122.0 121.7 -0.2 -0.5 -0.7 2.1 -0.2

Latin America5

................................. 100.000 135.2 133.3 -10.1 -1.1 -1.9 -1.6 -1.4

Nonmanufactured articles................... 14.300 164.8 153.7 -30.3 -5.2 -8.0 -6.2 -6.7

Manufactured articles........................ 85.278 119.0 118.3 -5.6 -0.3 -0.7 -0.8 -0.6

Mexico (Dec. 2003=100)...................... 100.000 125.2 124.1 -5.2 -0.4 -0.8 -0.6 -0.9

Nonmanufactured articles (Dec.

2008=100).................................. 7.567 95.0 85.9 -28.2 -4.9 -6.6 -2.0 -9.6

Manufactured articles (Dec. 2008=100). .. 92.006 89.0 88.9 -2.7 0.1 -0.3 -0.4 -0.1

Pacific Rim (Dec. 2003=100)6

............... 100.000 99.0 98.9 -2.3 -0.1 -0.2 -0.3 -0.1

China (Dec. 2003=100)....................... 100.000 101.8 101.7 -1.6 -0.3 -0.1 -0.1 -0.1

Japan............................................ 100.000 95.1 95.2 -2.0 0.1 -0.2 0.0 0.1

Asian NICs7..................................... 100.000 84.7 85.2 -2.6 -0.6 -0.4 -0.5 0.6

ASEAN (Dec. 2003=100)8.................... 100.000 97.0 98.2 -2.0 -0.1 -0.4 -0.7 1.2

Asia Near East (Dec. 2003=100)9

........... 100.000 127.6 125.7 -23.6 -2.6 -5.3 -6.5 -1.5

1 Relative importance figures are based on 2014 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 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

2015 to February 2016

[2000=100, unless otherwise noted]

Description

Relative

importance

Jan.

20161

Index Percent change

Jan.

2016

Feb.

2016

Annual Monthly

Feb. 2015

to Feb.

2016

Oct. 2015

to Nov.

2015

Nov.

2015 to

Dec.

2015

Dec.

2015 to

Jan. 2016

Jan. 2016

to Feb.

2016

Air Freight

Import Air Freight.................................... 100.000 154.5 151.7 -9.5 0.4 -2.8 -4.6 -1.8

Europe (Dec. 2003=100).......................... 23.942 141.0 138.9 -9.2 -1.2 -3.4 0.4 -1.5

Asia.................................................. 62.480 137.3 133.3 -11.7 1.7 -3.1 -7.4 -2.9

Export Air Freight................................... 100.000 158.7 158.7 -0.4 0.4 -0.1 1.4 0.0

Europe (Dec. 2006=100).......................... 38.159 151.7 151.8 0.2 0.3 0.3 1.3 0.1

Inbound Air Freight................................. 100.000 148.7 147.2 -7.4 0.3 -1.9 -2.5 -1.0

Europe (Dec. 2003=100).......................... 27.877 135.4 133.7 -6.0 0.0 -2.0 0.3 -1.3

Asia.................................................. 57.771 132.8 130.6 -10.3 1.1 -2.2 -4.3 -1.7

Outbound Air Freight............................... 100.000 144.0 144.2 -3.8 -0.7 -0.3 -0.2 0.1

Europe (Dec. 2003=100).......................... 34.793 158.0 158.3 -7.2 -0.9 0.5 0.1 0.2

Asia.................................................. 42.340 133.1 133.4 -5.4 -1.4 -1.0 -0.8 0.2

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 192.4 189.5 -3.3 3.7 -0.6 -1.0 -1.5

Europe............................................... 45.393 228.3 236.6 -2.2 5.1 -11.6 11.0 3.6

Asia.................................................. 23.568 143.8 134.2 -3.0 -0.7 13.2 -10.1 -6.7

Latin America/Caribbean.......................... 8.236 142.5 146.6 -11.7 0.2 14.2 -16.4 2.9

Export Air Passenger Fares....................... 100.000 168.4 144.3 -11.8 -0.4 4.5 4.7 -14.3

Europe............................................... 27.474 197.9 194.6 -6.7 2.6 -5.9 -0.7 -1.7

Asia.................................................. 29.329 152.0 127.0 -7.9 -1.0 5.0 9.0 -16.4

Latin America/Caribbean.......................... 23.427 176.5 148.4 -17.1 1.4 5.4 8.3 -15.9

1 Relative importance figures are based on 2014 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. 

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.