Bureau of Labor Statistics Washington, D.C. 20212 

Technical information: USDL-08-0045 

 (202) 691-7101 Transmission of this 

Media contact: material is embargoed 

 (202) 691-5902 until 8:30 A.M. E.S.T. 

Internet address: http://www.bls.gov/mxp Friday, January 11, 2008 

U.S. IMPORT AND EXPORT PRICE INDEXES 

- DECEMBER 2007 - 

The U.S. Import Price Index was unchanged in December, the Bureau of Labor Statistics of the 

U.S. Department of Labor reported today. A 0.3 percent increase in nonpetroleum prices was offset by a 

0.6 percent decline in the price index for petroleum. U.S. export prices advanced 0.4 percent in 

December following a 0.9 percent rise in November. 

 

Percent changes in import and export price indexes 

by End Use category 

- not seasonally adjusted -

United States 

Department News of Labor 

IMPORTS EXPORTS 

Month

2006

December 1.1 4.0 0.5 0.6 2.4 0.5 

2007

January -1.2 -6.6 -0.1 0.4 0.6 0.5 

February 0.4 1.7 0.0 0.8 2.8 0.6 

March 1.6 8.5 0.3 0.7 2.1 0.6 

April 1.4 6.8 0.3 0.4 -1.4 0.5 

May 0.9 2.7 0.6 0.3 -0.1 0.4 

June 1.2 4.8 0.3 0.4 2.7 0.2 

July 1.2 6.0 0.1 0.1 1.6 -0.1 

August -0.3 -1.5 0.0 0.2 1.0 0.1 

September 0.6 3.1 r -0.1 0.3 4.2 0.0 

October 1.4 5.0 r 0.6 r 0.8 3.8 0.5 

November 3.3 r 12.7 r 0.7 0.9 1.4 0.9 r

December 0.0 -0.6 0.3 0.4 2.7 0.3 

December 2005-06 2.5 5.3 1.9 4.5 13.5 3.7 

December 2006-07 10.9 50.1 2.9 6.0 23.5 4.5 

r = revised to reflect late reports and corrections by respondents.

All

Imports

Petroleum

Imports

Nonpetroleum

Imports

All

Exports

Agricultural

Exports

Nonagricultural

Exports

Due to budget constraints, beginning with the January 2008 release scheduled to be published on 

February 15, the price series for export postsecondary education services, export travel and tourism 

services, inbound ocean liner freight, and inbound tanker freight will no longer be published. 
2

Import Goods

Prior to recording no change in December, the price index for overall imports rose in each of the 

past three months including a 3.3 percent jump in November. Import prices rose 10.9 percent over 

2007, the sixth consecutive year the index increased and the largest calendar-year advance since the 

index was first published in September 1982. The 2007 increase was driven by a sharp rise in petroleum 

prices and paralleled a drop in the value of the dollar. 

Petroleum prices decreased 0.6 percent in December, recording the first monthly decline since 

August. Despite the December drop, petroleum prices led the overall increase in import prices over the 

past year, rising 50.1 percent over that period. The increase was the largest yearly advance since a 56.9 

percent rise in 2002. 

Nonpetroleum prices advanced 0.3 percent in December following increases of 0.7 percent in 

November and 0.6 percent in October. Prices for nonpetroleum imports rose 2.9 percent for the year 

after increasing 1.9 percent in 2006. The index rose for the sixth consecutive year and the 2007 increase 

was the largest since a 3.7 percent advance in 2004. 

The December increase in nonpetroleum prices was primarily led by a 0.7 percent increase in the 

price index for nonpetroleum industrial supplies and materials. That increase followed advances of 2.6 

percent in November and 1.5 percent in October and was driven by higher prices for chemicals and 

natural gas. Nonpetroleum industrial supplies and materials prices rose 6.9 percent over the past year. 

The price indexes for consumer goods, automotive vehicles, and foods, feeds, and beverages all 

increased in December as well. Consumer goods prices and prices for automotive vehicles each rose 0.2 

percent for the month and 1.6 percent over the past year. Prices for foods, feeds, and beverages 

advanced 0.6 percent in December and 9.3 percent over 2007. 

Capital goods prices were unchanged in December as a decline in computer prices offset a 0.3 

percent increase in prices of capital goods excluding computers. Overall, capital goods prices rose 0.8 

percent over the past 12 months. 

Export Goods 

Higher prices for both agricultural exports and nonagricultural exports each contributed to the 

0.4 percent increase in export prices. Overall, export prices rose 6.0 percent over 2007 compared to 

smaller increases of 2.8 percent over 2005 and 4.5 percent over 2006. The 2007 advance was the sixth 

consecutive annual rise and the largest calendar-year increase since a 6.2 percent advance in 1988. 

Higher agricultural prices continued to factor into the overall increase in export prices, rising 2.7 

percent in December after increases of 1.4 percent, 3.8 percent, and 4.2 percent, respectively in 

November, October, and September. The December advance was led by a 14.7 percent jump in wheat 

prices, although higher prices for soybeans and corn also contributed to the increase. The price index 

for agricultural exports rose 23.5 percent over 2007 after a 13.5 percent advance the previous year. The 

2007 increase was the largest calendar-year advance since the index was first published in March 1985. 
3

Nonagricultural prices also increased in December, rising 0.3 percent following a 0.9 percent 

advance in November. The index rose 4.5 percent over 2007 after a 3.7 percent increase over 2006. A 

0.3 percent increase in the price index for nonagricultural industrial supplies and materials was the main 

contributor to the December advance. Higher prices for chemicals and gold more than offset lower fuel 

prices. Nonagricultural industrial supplies and materials prices rose 10.5 percent over the past 12 

months. 

 Prices for each of the major finished goods areas also increased in December. Capital goods 

prices and prices for automotive vehicles each advanced 0.2 percent for the month. For the December 

2006-2007 period, capital goods prices rose 1.7 percent while the price index for automotive vehicles 

increased 1.1 percent. Consumer goods prices ticked up 0.1 percent for the month and 2.9 percent for 

the year ended in December. 

Summary of December-to-December Percent Changes 

 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

All Commodity Imports -6.4 7.0 3.2 -9.1 4.2 2.4 6.7 8.0 2.5 10.9

 Excluding Petroleum -3.3 0.0 1.3 -4.5 0.3 1.2 3.7 2.4 1.9 2.9

 Petroleum -40.8 137.2 17.6 -39.5 56.9 12.8 30.3 42.4 5.3 50.1

All Commodity Exports -3.4 0.5 1.1 -2.5 1.0 2.2 4.0 2.8 4.5 6.0

 Excluding Agricultural -2.7 1.2 0.9 -2.5 0.4 1.3 5.0 2.6 3.7 4.5

 Agricultural -9.3 -6.8 3.1 -1.8 8.0 13.4 -5.9 4.9 13.5 23.5

Imports by Locality of Origin 

 

The price indexes of imports from China and from Japan increased in December, advancing 0.1 

percent and 0.3 percent, respectively. After declining 1.2 percent in 2006, the price index of imports 

from China rose 2.4 percent in 2007. Similarly, the price index of imports from Japan edged up 0.1 

percent over 2007 after falling 1.2 percent over 2006. The annual increase in prices from China is the 

largest 12-month rise since the index was first published in December 2003. Import prices from Japan 

posted a calendar-year increase for the first time since 2004. 

Import prices from Canada and the European Union also increased in December, each rising 0.6 

percent for the month after advancing 5.9 percent and 0.6 percent, respectively in November. The 

recent increases continued upward trends over the past year, as prices of imports from Canada rose 12.8 

percent for the December 2006-2007 period, while import prices from the European Union increased 3.7 

percent. Each was impacted over the year both by higher fuel prices as well as a drop in the value of the 

dollar. 

Prices of imports from Mexico rose 0.7 percent in December and 15.9 percent in 2007. Rising 

petroleum prices were the largest factor for the increase in import prices from Mexico over the past year. 

 
4

Import and Export Services

 Import air passenger fares rose 5.5 percent in December after declining in each of the three 

previous months. In December the increase was led by a 16.0 percent jump in Asian fares. Overall, in 

2007, import air passenger fares increased 8.0 percent. Export air passenger fares also reversed a recent 

downturn in December, rising 2.6 percent. The index rose 13.4 percent over the past year. 

 

Prices for import air freight increased 2.7 percent in December following a 2.3 percent advance 

the previous month. Higher air freight prices from both Europe and Asia, up 3.9 percent and 2.4 

percent, respectively, contributed to the increase. Overall import air freight prices rose 8.4 percent for 

the year ended in December. The price index for export air freight rose 1.2 percent in December and 5.1 

percent over the past 12 months. 

The price index for export travel and tourism, which is lagged one month, decreased 1.5 percent 

in November after a 1.1 percent advance in October. 

CONTENTS OF RELEASE 

This news release includes the following tables: 

Table 1 U.S. Import Price Indexes, by End Use.....page 5 

Table 2 U.S. Export Price Indexes, by End Use.....page 6 

Table 3 U.S. Import Price Indexes, by NAICS.....page 7 

Table 4 U.S. Export Price Indexes, by NAICS.....page 8 

Table 5 U.S. Import Price Indexes, by Harmonized System.....pages 9-10 

Table 6 U.S. Export Price Indexes, by Harmonized System.....pages 11-12 

Table 7 U.S. Import Price Indexes, by Locality of Origin.....page 13 

Table 8 U.S. International Price Indexes for Selected Transportation Services.....page 14 

Table 9 U.S. Export Price Indexes for Travel and Tourism Services....page 15 

Table 10 U.S. Export Price Indexes for Postsecondary Education Services.....page 15 

------------------------------------------------------------------- 

Import and Export Price Index data for January 2008 are scheduled for release on February 15, 2008 at 

8:30 A.M. (E.S.T.). 
5

Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 2000=100, unless otherwise noted Index Percent Change

Relative

Import- Annual Monthly

ance Dec. Aug. Sept. Oct. Nov.

END Description 2006 2007 2007 2007 2007

USE November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

 ALL COMMODITIES............................................................ 100.000 127.6 127.6 10.9 0.6 1.4 3.3 0.0

 ALL IMPORTS EXCLUDING PETROLEUM......................... 76.921 108.5 108.8 2.9 -0.1 0.6 0.7 0.3

 ALL IMPORTS EXCLUDING FUELS 

 (Dec. 2001=100)........................................................... 74.589 111.0 111.3 3.0 0.0 0.4 0.5 0.3

0 FOODS, FEEDS, & BEVERAGES..................................... 4.254 133.2 134.0 9.3 1.3 1.1 -0.1 0.6

00 Agricultural foods, feeds & beverages, 

 excluding distilled beverages................................ 3.274 146.8 147.6 10.4 1.6 1.5 0.1 0.5

01 Nonagricultural foods (fish, distilled beverages)........... 0.980 102.7 103.2 5.4 0.3 -0.2 -0.6 0.5

1 INDUSTRIAL SUPPLIES & MATERIALS........................... 40.233 213.3 213.1 27.9 1.2 3.4 8.2 -0.1

 INDUSTRIAL SUPPLIES & MATERIALS 

 EXCLUDING PETROLEUM...................................... 17.155 146.8 147.8 6.9 -1.1 1.5 2.6 0.7

 INDUSTRIAL SUPPLIES & MATERIALS 

 EXCLUDING FUELS (Dec. 2001=100)..................... 14.823 154.8 155.5 7.5 -0.7 1.2 1.2 0.5

 INDUSTRIAL SUPPLIES & MATERIALS, 

 DURABLE................................................................. 9.558 148.5 148.3 6.5 -1.4 0.5 1.0 -0.1

 INDUSTRIAL SUPPLIES & MATERIALS, 

 NONDURABLE EXCLUDING PETROLEUM............ 5.265 143.8 146.3 7.3 -0.6 2.9 4.6 1.7

10 Fuels & lubricants........................................................ 25.411 295.4 294.2 44.0 2.5 4.9 12.6 -0.4

100 Petroleum & petroleum products............................. 23.079 312.9 310.9 50.1 3.1 5.0 12.7 -0.6

10000 Crude............................................................... 16.387 318.2 320.0 53.5 2.9 4.9 12.0 0.6

101 Fuels, n.e.s.-coals & gas......................................... 1.933 181.1 185.6 -1.3 -2.2 10.2 14.5 2.5

10110 Gas-natural...................................................... 1.762 175.8 180.7 -2.7 -2.8 11.1 16.0 2.8

11 Paper & paper base stocks.......................................... 0.789 112.6 113.9 1.0 0.5 0.5 0.7 1.2

12 Materials associated with nondurable 

 supplies & materials............................................. 4.553 133.9 136.1 10.7 0.7 2.7 1.7 1.6

13 Selected building materials.......................................... 1.817 115.5 115.9 4.8 0.3 -1.0 -0.2 0.3

14 Unfinished metals related to durable goods................. 4.473 214.8 214.7 9.6 -2.9 0.9 1.8 0.0

15 Finished metals related to durable goods.................... 1.681 137.2 134.5 4.3 -1.0 1.1 0.7 -2.0

16 Nonmetals related to durable goods............................ 1.510 103.4 104.2 2.5 0.3 0.5 0.4 0.8

2 CAPITAL GOODS............................................................. 20.345 92.2 92.2 0.8 0.1 0.1 0.2 0.0

20 Electric generating equipment..................................... 2.507 107.0 107.3 4.2 0.1 0.1 0.4 0.3

21 Nonelectrical machinery............................................... 16.247 87.9 87.9 0.0 0.1 0.0 0.2 0.0

22 Transportation equipment excluding 

 motor vehicles (Dec. 2001=100)........................... 1.591 114.6 114.7 5.1 0.0 1.0 0.1 0.1

3 AUTOMOTIVE VEHICLES, PARTS & ENGINES.............. 13.021 105.8 106.0 1.6 0.2 0.3 0.3 0.2

4 CONSUMER GOODS, EXCLUDING 

 AUTOMOTIVES......................................................... 22.146 102.4 102.6 1.6 0.1 0.0 0.3 0.2

40 Nondurables, manufactured......................................... 10.232 105.2 105.5 2.0 0.1 0.1 0.1 0.3

41 Durables, manufactured............................................... 10.817 99.2 99.3 1.1 0.0 0.1 0.3 0.1

42 Nonmanufactured consumer goods............................. 1.097 103.3 103.4 1.6 0.0 -0.1 0.0 0.1

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

November

2007
6

Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 2000=100, unless otherwise noted

Index Percent Change

Relative

Import- Annual Monthly

ance Dec. Aug. Sept. Oct. Nov.

END Description 2006 2007 2007 2007 2007

USE November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

 ALL COMMODITIES................................................................. 100.000 118.7 119.2 6.0 0.3 0.8 0.9 0.4

 AGRICULTURAL COMMODITIES............................................ 9.258 165.0 169.5 23.5 4.2 3.8 1.4 2.7

 NONAGRICULTURAL COMMODITIES.................................... 90.741 115.4 115.7 4.5 0.0 0.5 0.9 0.3

0 FOODS, FEEDS, & BEVERAGES......................................... 8.414 165.8 170.8 23.1 4.2 4.0 1.0 3.0

00 Agricultural foods, feeds & beverages, 

 excluding distilled beverages..................................... 7.724 169.7 175.2 24.7 4.6 4.2 1.3 3.2

01 Nonagricultural foods (fish, distilled beverages)................ 0.690 133.0 133.9 8.4 0.6 0.9 -0.9 0.7

1 INDUSTRIAL SUPPLIES & MATERIALS............................... 30.484 154.0 154.5 10.8 0.0 1.1 2.3 0.3

 INDUSTRIAL SUPPLIES & MATERIALS, 

 DURABLE..................................................................... 11.573 159.5 160.2 6.7 -0.6 1.5 1.1 0.4

 INDUSTRIAL SUPPLIES & MATERIALS, 

 NONDURABLE.............................................................. 18.911 151.5 151.9 13.4 0.4 0.9 3.2 0.3

10 Agricultural industrial supplies & materials........................ 1.534 145.3 145.6 17.5 1.9 1.9 1.9 0.2

 NONAGRICULTURAL INDUSTRIAL SUPPLIES 

 & MATERIALS........................................................... 28.950 154.8 155.2 10.5 -0.1 1.1 2.4 0.3

11 Fuels & lubricants............................................................. 4.896 224.7 222.7 21.4 1.8 1.8 9.9 -0.9

12 Nonagricultural supplies & materials 

 excluding fuels & building materials........................... 22.968 148.1 148.9 8.8 -0.5 1.0 1.1 0.5

13 Selected building materials............................................... 1.086 113.7 113.5 1.8 0.4 -0.1 -0.5 -0.2

2 CAPITAL GOODS.................................................................. 38.562 100.3 100.5 1.7 0.1 0.2 0.2 0.2

20 Electrical generating equipment........................................ 3.613 107.2 107.4 1.1 0.0 0.4 0.1 0.2

21 Nonelectrical machinery................................................... 27.872 93.3 93.5 1.0 0.0 0.1 0.1 0.2

22 Transportation equipment excluding 

 motor vehicles (Dec. 2001=100)................................ 7.077 124.5 124.9 4.9 0.2 0.5 0.4 0.3

3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 10.260 106.5 106.7 1.1 0.1 0.2 0.0 0.2

4 CONSUMER GOODS, EXCLUDING 

 AUTOMOTIVES.............................................................. 12.279 106.9 107.0 2.9 -0.1 0.3 0.4 0.1

40 Nondurables, manufactured.............................................. 5.872 108.2 108.4 4.2 -0.2 0.5 0.7 0.2

41 Durables, manufactured................................................... 5.351 104.4 104.5 1.7 0.0 0.2 0.0 0.1

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

November

2007
7

Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 December 2005=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Dec. Aug. Sept. Oct. Nov.

NAICS Description 2006 2007 2007 2007 2007

November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

 Nonmanufactured articles...................................................... 20.828 142.7 143.7 41.9 2.3 5.1 11.4 0.7

11 AGRICULTURE AND LIVESTOCK PRODUCTS........... 1.488 118.8 118.1 10.0 1.0 1.5 0.1 -0.6

111 Agricultural products.................................................. 1.068 123.0 122.3 13.6 2.0 1.8 1.0 -0.6

21 OIL, GAS, MINERALS AND ORES................................ 19.340 145.0 146.1 44.9 2.3 5.5 12.3 0.8

212 Minerals and ores (Dec. 2006=100)........................... 0.384 105.2 109.3 9.3 0.9 0.7 1.0 3.9

 Manufactured articles............................................................. 78.620 108.2 108.2 4.9 0.1 0.6 1.3 0.0

31 MANUFACTURED GOODS, PART 1............................. 9.847 105.8 106.2 4.6 0.6 0.5 0.2 0.4

311 Food and kindred products......................................... 2.405 116.2 117.5 12.9 1.1 1.3 0.3 1.1

312 Beverages and tobacco products............................... 0.760 103.8 104.1 1.9 0.0 0.2 0.4 0.3

313 Textiles and fabrics.................................................... 0.476 108.2 107.9 3.8 -0.2 0.9 0.0 -0.3

314 Textile mill products................................................... 0.724 100.4 100.5 0.0 -0.9 0.1 0.2 0.1

315 Apparel and accessories............................................ 4.079 102.2 102.5 2.6 0.7 0.1 0.0 0.3

316 Leather and allied products........................................ 1.402 103.1 103.2 2.1 0.6 0.3 0.2 0.1

32 MANUFACTURED GOODS, PART 2............................. 18.176 117.5 116.9 14.2 1.0 1.4 4.4 -0.5

321 Wood products........................................................... 1.151 92.9 93.2 3.7 0.0 -2.1 -0.4 0.3

322 Paper......................................................................... 1.283 105.3 106.2 0.9 0.1 0.5 0.8 0.9

324 Petroleum and coal products...................................... 5.302 142.9 136.6 39.0 3.9 5.0 14.0 -4.4

325 Chemicals.................................................................. 7.666 114.3 116.0 9.4 -0.3 0.3 1.3 1.5

326 Plastics and rubber products...................................... 1.604 105.4 105.8 2.2 0.2 0.7 0.3 0.4

327 Nonmetallic mineral products..................................... 1.067 109.0 109.6 6.0 0.0 1.0 0.5 0.6

33 MANUFACTURED GOODS, PART 3............................. 50.598 105.7 105.8 2.0 -0.3 0.3 0.5 0.1

331 Primary metals........................................................... 5.300 149.0 148.4 9.1 -2.9 1.0 2.2 -0.4

332 Fabricated metal products, nesoi............................... 2.443 111.0 111.5 5.7 0.0 0.6 0.6 0.5

333 Machinery, except electrical....................................... 6.356 107.0 107.5 4.3 0.1 0.4 0.3 0.5

334 Computer and electronic products.............................. 13.208 94.7 94.6 -2.9 0.0 -0.3 0.1 -0.1

335 Electrical equipment, appliances, and components.... 3.486 108.0 108.1 4.1 0.1 0.4 0.2 0.1

336 Transportation equipment.......................................... 13.763 102.6 102.8 2.1 0.2 0.5 0.2 0.2

337 Furniture and fixtures................................................. 1.387 102.3 102.4 1.7 0.2 0.3 0.2 0.1

339 Miscellaneous manufactured commodities................. 4.655 108.1 108.3 2.8 0.0 0.3 0.6 0.2

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

November

2007
8

Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 December 2005=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Dec. Aug. Sept. Oct. Nov.

NAICS Description 2006 2007 2007 2007 2007

November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

 Nonmanufactured articles...................................................... 6.955 134.6 140.1 23.5 5.5 7.1 0.7 4.1

11 AGRICULTURE AND LIVESTOCK PRODUCTS........... 5.363 150.6 157.3 32.7 7.5 7.3 0.9 4.4

111 Agricultural products.................................................. 4.968 155.7 163.2 36.0 8.1 7.9 1.2 4.8

21 OIL, GAS, MINERALS AND ORES................................ 1.592 99.2 101.8 -0.4 -0.7 6.4 0.5 2.6

211 Oil and gas................................................................. 0.546 97.9 108.5 4.6 1.6 13.7 2.3 10.8

212 Minerals and ores....................................................... 1.046 100.1 98.4 -3.1 -1.7 3.0 -0.3 -1.7

 Manufactured articles............................................................. 90.110 107.5 107.8 4.9 0.0 0.4 0.8 0.3

31 MANUFACTURED GOODS, PART 1............................. 6.835 113.6 114.4 10.4 0.4 0.4 1.1 0.7

311 Food and kindred products......................................... 4.322 123.0 124.4 16.7 0.7 0.5 1.7 1.1

312 Beverages and tobacco products............................... 0.486 104.7 105.0 5.3 0.3 1.3 0.5 0.3

313 Textiles and fabrics.................................................... 0.942 98.7 98.8 0.7 -0.1 0.3 0.0 0.1

315 Apparel and accessories............................................ 0.541 100.5 100.3 0.2 0.0 0.0 0.0 -0.2

32 MANUFACTURED GOODS, PART 2............................. 23.201 114.8 114.8 10.0 0.0 0.4 2.4 0.0

321 Wood products........................................................... 0.550 110.4 110.2 3.9 0.4 -0.2 -0.5 -0.2

322 Paper......................................................................... 2.094 111.7 112.4 4.4 0.3 0.0 0.5 0.6

324 Petroleum and coal products...................................... 2.989 147.3 141.0 29.5 3.3 0.9 15.0 -4.3

325 Chemicals.................................................................. 14.344 112.3 113.3 9.7 -0.5 0.3 1.0 0.9

326 Plastics and rubber products...................................... 2.292 106.3 106.3 2.9 0.2 0.2 0.6 0.0

327 Nonmetallic mineral products..................................... 0.828 106.2 106.4 2.0 -0.4 -0.1 0.0 0.2

33 MANUFACTURED GOODS, PART 3............................. 60.074 104.3 104.6 2.3 -0.1 0.4 0.3 0.3

331 Primary metals........................................................... 4.239 128.6 130.2 10.0 -1.4 1.9 2.3 1.2

332 Fabricated metal products, nesoi............................... 2.753 112.9 112.9 4.8 0.1 0.2 0.2 0.0

333 Machinery, except electrical....................................... 11.956 106.1 106.3 3.2 0.0 0.3 0.0 0.2

334 Computer and electronic products.............................. 16.645 96.2 96.4 -0.9 0.0 0.0 0.1 0.2

335 Electrical equipment, appliances, and components.... 3.548 105.6 106.1 3.4 0.1 0.3 0.5 0.5

336 Transportation equipment.......................................... 16.213 105.0 105.2 2.4 0.1 0.3 0.2 0.2

339 Miscellaneous manufactured commodities................. 4.381 104.9 105.0 2.8 0.1 0.5 0.0 0.1

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

November

2007
9

Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

Harmo- ance Dec. Aug. Sept. Oct. Nov.

nized Description 2006 2007 2007 2007 2007

System November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

I LIVE ANIMALS; ANIMAL PRODUCTS.............................. 1.086 123.8 126.2 6.1 -0.5 -1.4 -2.1 1.9

02 Meat and edible meat offal........................................... 0.295 148.3 147.8 4.4 0.1 1.1 -1.3 -0.3

03 Fish and crustaceans, molluscs and 

 other aquatic invertebrates................................... 0.547 99.1 99.7 4.3 0.0 -1.3 -1.0 0.6

II VEGETABLE PRODUCTS................................................ 1.196 142.9 141.0 10.8 4.2 3.1 -1.1 -1.3

07 Edible vegetables, roots, and tubers............................ 0.311 195.5 203.9 13.3 -2.3 -3.6 2.1 4.3

08 Edible fruit and nuts; peel of citrus 

 fruit or melons....................................................... 0.366 102.8 93.8 4.3 13.0 7.5 -5.3 -8.8

09 Coffee, tea, mate and spices....................................... 0.241 149.6 150.2 9.4 1.6 3.2 -1.2 0.4

IV PREPARED FOODSTUFFS, BEVERAGES, AND 

 TOBACCO............................................................... 1.972 127.3 128.5 7.2 0.5 0.5 0.6 0.9

20 Preparations of vegetables, fruit, 

 nuts, or other parts of plants................................. 0.269 132.5 134.3 12.2 4.6 1.3 2.1 1.4

22 Beverages, spirits, and vinegar.................................... 0.728 111.2 111.9 1.5 -0.1 -0.2 0.1 0.6

V MINERAL PRODUCTS...................................................... 25.091 291.1 290.2 43.0 2.7 5.2 12.5 -0.3

27 Mineral fuels, oils and residuals, 

 bituminous substances and mineral wax............... 24.714 291.6 290.6 43.7 2.7 5.3 12.7 -0.3

VI PRODUCTS OF THE CHEMICAL OR ALLIED 

 INDUSTRIES........................................................... 6.920 127.1 128.8 8.3 -0.3 0.4 1.0 1.3

28 Inorganic chemicals..................................................... 0.862 206.7 216.2 20.8 -4.5 -7.5 1.2 4.6

29 Organic chemicals....................................................... 2.491 126.1 126.0 2.9 0.4 2.6 1.5 -0.1

30 Pharmaceutical products............................................. 1.884 109.4 110.3 4.1 0.3 0.1 0.1 0.8

32 Tanning & dyeing extracts; dye & 

 pigments; varnish & paints; putty.......................... 0.166 102.4 102.6 0.9 0.2 0.0 0.0 0.2

33 Essential oils and resinoids (Dec. 2001=100).............. 0.386 113.7 113.9 2.9 0.0 0.0 -0.1 0.2

38 Miscellaneous chemical products................................ 0.409 99.8 99.8 5.7 0.2 0.3 0.8 0.0

VII PLASTICS AND ARTICLES THEREOF; RUBBER 

 AND ARTICLES THEREOF..................................... 2.802 124.9 125.1 4.2 0.3 0.6 0.8 0.2

39 Plastics and articles thereof......................................... 1.812 121.8 122.4 3.7 0.3 0.5 0.6 0.5

40 Rubber and articles thereof.......................................... 0.990 131.1 130.5 5.0 0.3 1.2 1.2 -0.5

VIII RAW HIDES, SKINS, LEATHER, FURSKINS, 

 TRAVEL GOODS, ETC........................................... 0.573 110.1 110.9 4.9 1.1 0.7 0.1 0.7

42 Articles of leather; travel goods, bags, 

 etc. of various materials........................................ 0.499 110.6 111.5 5.5 1.4 0.8 0.1 0.8

IX WOOD, WOOD CHARCOAL, CORK, STRAW, 

 BASKETWARE AND WICKERWORK..................... 1.210 113.8 114.3 3.2 0.0 -2.3 -0.4 0.4

X WOODPULP, RECOVERED PAPER, AND 

 PAPER PRODUCTS................................................... 1.461 109.5 110.3 1.1 0.3 0.4 0.5 0.7

48 Paper and paperboard; articles of paper 

 pulp, paper or paperboard..................................... 0.987 104.4 105.0 -0.9 0.1 -0.1 0.6 0.6

49 Printed matter.............................................................. 0.261 117.6 117.6 2.6 0.7 0.2 0.3 0.0

XI TEXTILE AND TEXTILE ARTICLES.................................. 5.103 103.0 103.2 2.1 0.4 0.1 0.1 0.2

61 Articles of apparel and clothing 

 accessories, knitted or crocheted......................... 1.808 100.7 100.7 0.5 0.1 0.0 0.1 0.0

62 Articles of apparel and clothing 

 accessories, not knitted or crocheted.................... 2.080 103.0 103.2 3.8 1.2 0.1 0.1 0.2

63 Made-up or worn textile articles................................... 0.485 92.8 92.8 -1.6 -1.6 -0.1 0.3 0.0

XII HEADGEAR, UMBRELLAS, 

 ARTIFICIAL FLOWERS, ETC..................................... 1.162 102.3 103.7 2.7 0.0 0.2 0.1 1.4

64 Footwear and parts of such articles............................ 0.982 102.2 102.2 0.9 -0.1 0.2 0.2 0.0

See footnotes at end of table

November

2007
10

Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

Import- Annual Monthly

Harmo- ance Dec. Aug. Sept. Oct. Nov.

nized Description 2006 2007 2007 2007 2007

System November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

XIII STONE, PLASTER, CEMENT, ASBESTOS, 

 CERAMICS, GLASS ETC......................................... 0.923 113.1 113.9 4.8 0.0 0.8 0.4 0.7

68 Articles of stone, plaster, cement, 

 asbestos, or mica (Dec. 2001=100).................... 0.320 104.8 106.0 3.8 -0.5 1.2 0.1 1.1

69 Ceramic products...................................................... 0.296 121.1 121.4 6.7 0.7 0.8 0.5 0.2

70 Glass and glassware................................................. 0.308 112.9 113.7 4.1 0.0 0.3 0.6 0.7

XIV PEARLS, STONES, PRECIOUS METALS, 

 IMITATION JEWELRY, AND COINS........................ 2.810 140.1 142.1 11.4 -0.5 2.2 2.4 1.4

XV BASE METALS AND ARTICLES OF BASE METAL....... 6.258 172.0 170.0 4.2 -2.3 0.1 0.9 -1.2

72 Iron and steel............................................................ 1.499 207.6 209.6 14.0 -1.8 0.3 0.5 1.0

73 Articles of iron or steel............................................... 1.406 132.4 133.4 5.8 -0.2 1.1 0.4 0.8

74 Copper and articles thereof....................................... 0.892 314.5 281.6 -0.7 -4.3 1.1 2.6 -10.5

76 Aluminum and articles thereof................................... 0.993 139.1 140.8 -3.5 -2.4 -2.2 0.2 1.2

82 Tools, implements, cutlery, spoons and 

 forks, of base metal; parts thereof...................... 0.341 111.0 111.1 3.3 0.6 0.4 1.5 0.1

83 Miscellaneous articles of base metal......................... 0.451 126.3 126.6 1.9 0.2 0.2 0.2 0.2

XVI MACHINERY, ELECTRICAL EQUIPMENT, TV 

 IMAGE & SOUND RECORDERS, PARTS, ETC....... 22.862 88.5 88.6 0.6 0.0 0.0 0.2 0.1

84 Machinery and mechanical appliances; parts thereof 11.844 89.2 89.3 0.8 0.0 0.2 0.1 0.1

85 Electrical machinery and equip, sound 

 and TV recorders & reproducers, parts............... 11.018 87.8 87.9 0.2 0.0 -0.2 0.3 0.1

XVII VEHICLES, AIRCRAFT, VESSELS AND 

 ASSOCIATED TRANSPORT EQUIPMENT.............. 11.957 107.1 107.4 2.0 0.2 0.4 0.3 0.3

87 Motor vehicles and their parts.................................... 11.034 106.3 106.5 1.8 0.2 0.4 0.3 0.2

88 Aircraft, spacecraft, and parts 

 thereof (Dec. 2002=100)..................................... 0.814 110.2 110.3 2.6 0.0 0.6 0.1 0.1

XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & 

 MUSICAL INSTRUMENTS; & TIMEPIECES............. 2.790 99.6 99.8 0.0 0.1 0.1 0.1 0.2

90 Optical, photographic, measuring and 

 medical instruments........................................... 2.475 97.8 98.0 -0.2 0.1 0.1 0.1 0.2

91 Clocks and watches and parts thereof....................... 0.231 117.3 118.0 2.3 0.2 0.3 0.2 0.6

XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.596 101.9 101.9 1.5 0.2 0.3 0.0 0.0

94 Furniture & stuffed furnishings; lamps & 

 lighting fittings, nesoi; prefab bldg...................... 2.045 105.5 105.3 1.2 0.1 0.4 0.1 -0.2

95 Toys, games and sports equipment; parts 

 and accessories thereof..................................... 1.354 97.0 97.0 1.3 0.2 0.2 0.0 0.0

96 Miscellaneous manufactured articles......................... 0.198 107.4 108.2 6.1 0.1 0.0 0.3 0.7

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

November

2007
11

Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

 Import- Annual Monthly

Harmo- ance Dec. Aug. Sept. Oct. Nov.

nized Description 2006 2007 2007 2007 2007

System November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

I LIVE ANIMALS; ANIMAL PRODUCTS.............................. 1.562 153.8 155.2 17.5 0.4 -3.0 -1.2 0.9

02 Meat & edible meat offal (Dec. 2006=100)................... 0.824 124.4 124.8 24.8 1.4 -3.3 -2.4 0.3

03 Fish and crustaceans, molluscs and 

 other aquatic invertebrates................................... 0.431 131.5 133.2 11.7 0.9 1.5 -0.6 1.3

II VEGETABLE PRODUCTS................................................ 4.948 194.2 202.3 32.8 7.9 7.5 1.3 4.2

08 Edible fruit and nuts; peel of citrus 

 fruit or melons....................................................... 0.691 126.4 121.8 8.0 2.7 2.9 0.1 -3.6

10 Cereals........................................................................ 2.228 220.0 239.6 36.9 12.0 10.0 -0.6 8.9

12 Oilseeds and misc. grains, seeds, 

 fruits, plants, straw and fodder.............................. 1.362 195.1 208.7 53.6 5.2 6.4 5.1 7.0

IV PREPARED FOODSTUFFS, BEVERAGES, AND 

 TOBACCO............................................................... 2.371 127.8 128.2 10.1 1.2 1.9 1.9 0.3

21 Miscellaneous edible preparations............................... 0.426 115.6 115.8 5.6 -0.1 0.2 0.2 0.2

23 Residues and waste from the food 

 industries; prepared animal feed........................... 0.573 173.3 173.6 24.4 5.3 5.8 6.7 0.2

V MINERAL PRODUCTS...................................................... 4.816 271.4 268.9 18.7 1.5 2.5 9.8 -0.9

27 Mineral fuels, oils and residuals, 

 bituminous substances and mineral wax............... 4.114 263.2 261.1 25.8 2.2 2.8 11.8 -0.8

VI PRODUCTS OF THE CHEMICAL OR ALLIED 

 INDUSTRIES........................................................... 11.837 133.3 134.2 8.4 -1.0 0.3 1.1 0.7

28 Inorganic chemicals..................................................... 1.208 168.1 170.2 12.6 1.3 -0.3 1.3 1.2

29 Organic chemicals....................................................... 3.771 148.5 149.9 8.6 -3.2 1.0 1.8 0.9

30 Pharmaceutical products............................................. 2.487 116.1 116.8 4.8 -0.1 0.6 0.6 0.6

32 Tanning or dyeing extracts, dyes, 

 paints, varnish, putty, & inks................................. 0.594 116.8 117.1 4.0 -0.1 0.9 1.3 0.3

33 Essential oils and resinoids; 

 perfumery, cosmetic or toilet................................. 0.676 118.9 118.9 3.3 -1.4 0.5 1.5 0.0

34 Soap; lubricants; waxes, polishing or 

 scouring products; candles, pastes....................... 0.399 112.0 112.9 3.2 0.1 -4.3 1.0 0.8

38 Miscellaneous chemical products................................ 1.644 120.4 121.1 6.6 0.2 -0.5 0.8 0.6

VII PLASTICS AND ARTICLES THEREOF; RUBBER 

 AND ARTICLES THEREOF..................................... 5.453 134.5 135.5 7.2 0.3 0.3 0.5 0.7

39 Plastics and articles thereof......................................... 4.373 130.4 131.6 7.3 0.5 0.2 0.5 0.9

40 Rubber and articles thereof.......................................... 1.080 151.5 151.6 6.5 -0.3 0.5 0.7 0.1

VIII RAW HIDES, SKINS, LEATHER, FURSKINS, 

 TRAVEL GOODS, ETC........................................... 0.446 117.7 117.5 -4.5 0.1 -0.7 -0.6 -0.2

IX WOOD, WOOD CHARCOAL, CORK, STRAW, 

 BASKETWARE AND WICKERWORK..................... 0.698 110.9 110.6 1.1 0.4 -0.1 -1.6 -0.3

X WOODPULP, RECOVERED PAPER, AND 

 PAPER PRODUCTS................................................... 2.710 114.5 115.1 7.3 0.5 0.7 0.9 0.5

47 Woodpulp and recovered paper................................... 0.702 122.6 123.2 16.6 1.6 2.7 1.5 0.5

48 Paper and paperboard; articles of paper 

 pulp, paper or paperboard..................................... 1.424 109.6 110.3 3.1 0.4 -0.4 0.4 0.6

49 Printed material........................................................... 0.584 121.4 121.7 7.7 -0.2 1.1 1.5 0.2

XI TEXTILE AND TEXTILE ARTICLES.................................. 2.436 105.4 105.3 3.1 0.7 0.7 0.1 -0.1

52 Cotton, including yarns and woven fabrics thereof....... 0.706 103.6 103.6 9.7 3.0 2.8 -0.1 0.0

See footnotes at end of table

November

2007
12

Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods

 December 2006-December 2007 2000=100, unless otherwise noted

 Index Percent Change

Relative

Import- Annual Monthly

Harmo- ance Dec. Aug. Sept. Oct. Nov.

nized Description 2006 2007 2007 2007 2007

System November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

XIII STONE, PLASTER, CEMENT, ASBESTOS, 

 CERAMICS, GLASS ETC......................................... 0.791 109.9 110.0 4.3 -0.3 0.2 -0.1 0.1

70 Glass and glassware................................................. 0.425 98.3 98.4 2.7 -0.5 0.1 -0.1 0.1

XIV PEARLS, STONES, PRECIOUS METALS, 

 IMITATION JEWELRY, AND COINS........................ 3.619 169.9 172.5 17.5 0.8 4.1 3.2 1.5

XV BASE METALS AND ARTICLES OF BASE METALS..... 5.731 162.3 162.3 2.3 -1.8 0.1 0.2 0.0

72 Iron and steel............................................................ 1.464 194.2 195.4 8.4 -1.3 0.3 1.0 0.6

73 Articles of iron or steel............................................... 1.411 147.5 147.2 6.1 0.1 0.2 -0.2 -0.2

74 Copper and articles thereof....................................... 0.657 239.8 233.8 -5.0 -3.3 3.9 -3.9 -2.5

76 Aluminum and articles thereof................................... 0.956 139.4 141.1 -5.1 -4.4 -2.2 1.1 1.2

82 Tools, implements, cutlery, spoons and 

 forks, of base metal; parts thereof...................... 0.399 115.8 115.8 3.0 0.1 0.3 0.0 0.0

83 Miscellaneous articles of base metal......................... 0.399 128.9 128.6 3.2 0.4 0.2 0.1 -0.2

XVI MACHINERY, ELECTRICAL EQUIPMENT, TV 

 IMAGE AND SOUND RECORDERS, PARTS, ETC.. 31.088 94.6 94.7 0.9 0.0 0.1 0.2 0.1

84 Machinery and mechanical appliances; parts thereof 17.814 103.0 103.1 0.9 -0.1 0.2 0.1 0.1

85 Electrical machinery and equipment 

 and parts and accessories thereof...................... 13.274 85.4 85.7 1.1 0.1 -0.2 0.5 0.4

XVII VEHICLES, AIRCRAFT, VESSELS AND 

 ASSOCIATED TRANSPORT EQUIPMENT.............. 13.518 114.7 115.0 2.1 0.1 0.3 0.1 0.3

87 Motor vehicles and their parts.................................... 8.662 106.1 106.2 1.0 0.1 0.3 0.0 0.1

XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & 

 MUSICAL INSTRUMENTS; & TIMEPIECES............. 6.103 104.8 105.0 2.3 0.0 0.7 0.2 0.2

XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.428 105.9 106.1 4.6 -0.1 0.3 0.3 0.2

94 Furniture; stuffed furnishings; 

 lamps and lighting fittings nesoi;......................... 0.780 113.7 114.1 2.8 -0.4 0.0 0.5 0.4

95 Toys, games and sports equipment; parts 

 and accessories thereof..................................... 0.487 92.3 92.3 3.1 0.3 0.9 0.2 0.0

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

November

2007
13

Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin 

 December 2006-December 2007 2000=100, unless otherwise noted

 Index Percent Change

Annual Monthly

Percentage Dec. Aug. Sept. Oct. Nov.

Description of 2006 2007 2007 2007 2007

U.S. December to to to to to

Imports 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

2/ Industrialized Countries................................................ 44.813 124.6 125.4 7.7 0.2 0.7 2.8 0.6

 Nonmanufactured articles........................................ 4.582 231.4 236.9 28.1 1.2 2.6 15.4 2.4

 Manufactured articles.............................................. 39.766 116.5 117.0 5.3 0.0 0.4 1.3 0.4

3/ Other Countries............................................................ 55.187 127.5 127.2 13.8 0.5 1.9 3.3 -0.2

 Nonmanufactured articles........................................ 11.023 280.4 281.7 47.4 2.4 5.8 9.7 0.5

 Manufactured articles.............................................. 43.965 105.9 105.3 4.6 -0.1 0.7 1.0 -0.6

 Canada......................................................................... 17.052 144.8 145.7 12.8 -0.1 1.3 5.9 0.6

 Nonmanufactured articles........................................ 3.871 230.4 236.7 26.5 -0.2 5.5 16.3 2.7

 Manufactured articles.............................................. 12.851 129.0 129.0 8.7 -0.1 0.0 3.0 0.0

4/ European Union............................................................ 17.908 123.3 124.0 3.7 0.4 0.2 0.6 0.6

 Nonmanufactured articles........................................ 0.389 280.8 282.2 42.0 13.4 -3.8 6.2 0.5

 Manufactured articles.............................................. 17.406 120.6 121.3 2.8 0.1 0.3 0.4 0.6

 France (Dec. 2003=100)............................................... 1.888 110.4 111.1 5.0 0.1 0.4 0.3 0.6

 Germany (Dec. 2003=100)........................................... 5.008 108.8 109.4 3.7 0.0 -0.2 0.5 0.6

 United Kingdom (Dec. 2003=100)................................. 2.845 124.7 124.8 7.9 2.1 -0.3 1.5 0.1

5/ Latin America............................................................... 17.619 161.6 160.6 17.7 1.3 2.1 3.9 -0.6

 Nonmanufactured articles........................................ 4.822 287.4 288.9 46.6 3.1 5.3 8.9 0.5

 Manufactured articles.............................................. 12.721 135.1 133.4 6.0 0.5 0.5 1.4 -1.3

 Mexico (Dec. 2003=100)............................................... 10.163 136.6 137.6 15.9 1.6 1.7 2.6 0.7

6/ Pacific Rim (Dec. 2003=100)........................................ 33.452 99.6 99.7 1.2 0.2 0.2 0.1 0.1

 China (Dec. 2003=100)................................................ 14.941 99.5 99.6 2.4 0.2 0.2 0.2 0.1

 Japan........................................................................... 8.308 93.9 94.2 0.1 0.1 0.1 -0.1 0.3

7/ Asian NICs................................................................... 6.124 88.4 88.4 -0.8 0.1 -0.2 -0.2 0.0

8/ ASEAN (Dec. 2003=100).............................................. 5.993 98.3 98.2 0.1 -0.3 -0.3 1.0 -0.1

9/ Asia Near East (Dec. 2003=100).................................. 3.765 233.7 233.7 39.1 2.9 5.2 6.5 0.0

1 Percentage of trade figures are based on 2005 trade values.

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

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

4 Includes European Union countries.

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

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

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

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

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

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

 Regions are not mutually exclusive.

 n.a. Not available

November

2007
14

Table 8 U.S. International Price Indexes and Percent Changes for Selected Transportation Services

 December 2006-December 2007 2000=100, unless otherwise noted

Index Percent Change

Relative

Import- Annual Monthly

ance Dec. Aug. Sept. Oct. Nov.

Description 2006 2007 2007 2007 2007

November December to to to to to

2007 2007 Dec. Sept. Oct. Nov. Dec.

1/ 2007 2007 2007 2007 2007

AIR FREIGHT

 Import Air Freight..................................................... 100.000 138.4 142.2 8.4 0.1 0.8 2.3 2.7

 Europe (Dec. 2003=100)..................................... 29.150 142.9 148.5 16.4 -0.5 2.2 4.0 3.9

 Asia..................................................................... 60.260 118.7 121.6 5.6 0.6 0.3 1.8 2.4

 Export Air Freight..................................................... 100.000 121.2 122.6 5.1 1.3 0.8 0.4 1.2

 Europe (Dec. 2006=100)..................................... 39.488 105.2 106.7 6.7 0.5 2.4 0.4 1.4

 Inbound Air Freight................................................... 100.000 133.9 137.3 8.0 0.2 1.0 2.3 2.5

 Europe (Dec. 2003=100)..................................... 31.075 138.2 143.1 15.9 -0.5 2.2 4.1 3.5

 Asia..................................................................... 56.221 113.0 115.4 4.3 0.6 0.4 1.5 2.1

 Outbound Air Freight................................................ 100.000 119.8 121.6 6.9 0.7 0.9 1.4 1.5

 Europe (Dec. 2003=100)..................................... 41.844 135.1 136.8 6.1 0.2 0.5 2.1 1.3

 Asia..................................................................... 40.032 108.0 110.1 5.8 -0.2 0.9 1.2 1.9

AIR PASSENGER FARES

 Import Air Passenger Fares..................................... 100.000 128.3 135.4 8.0 -6.3 -5.6 -3.1 5.5

 Europe................................................................. 41.639 122.3 124.1 8.9 -2.3 -12.7 -7.8 1.5

 Asia..................................................................... 24.449 115.1 133.5 3.2 -15.5 -2.1 -0.9 16.0

 Latin America/Caribbean..................................... 13.718 127.0 128.3 3.4 -2.0 2.6 2.4 1.0

 Export Air Passenger Fares..................................... 100.000 151.8 155.7 13.4 -3.4 -0.6 -1.2 2.6

 Europe................................................................. 29.794 176.4 182.6 12.6 -7.4 -0.5 -5.5 3.5

 Asia..................................................................... 30.677 118.9 126.4 16.7 -4.2 -3.8 -2.5 6.3

 Latin America/Caribbean..................................... 20.848 171.3 169.9 7.7 2.7 0.0 1.6 -0.8

 Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000 131.6 135.4 14.3 -5.6 -0.7 -1.2 2.9

 Europe (Dec. 2003=100)..................................... 37.593 128.8 132.3 13.4 -10.7 -0.4 -4.2 2.7

 Asia (Dec. 2003=100)......................................... 28.780 115.3 123.8 15.4 -3.8 -4.9 -2.1 7.4

 Latin America/Caribbean (Dec. 2003=100)......... 13.674 135.4 134.4 8.8 2.1 1.9 3.0 -0.7

 Canada (Dec. 2003=100).................................... 9.305 204.8 206.4 25.5 1.3 6.1 6.8 0.8

 Outbound Air Passenger Fares (Dec. 2003=100).... 100.000 124.8 129.2 8.3 -4.8 -4.1 -3.1 3.5

 Europe (Dec. 2003=100)..................................... 37.577 126.0 127.7 7.8 -3.1 -11.4 -8.0 1.3

 Asia (Dec. 2003=100)......................................... 22.745 113.6 125.2 9.2 -11.1 -0.9 -1.6 10.2

 Latin America/Caribbean (Dec. 2003=100)......... 22.742 116.3 116.2 2.0 -0.5 1.8 0.6 -0.1

 Canada (Dec. 2003=100).................................... 7.725 198.3 208.5 25.7 -2.3 5.8 8.1 5.1

CRUDE OIL TANKER FREIGHT

2/ Inbound Crude Oil Tanker Freight............................ 100.000 n.a. n.a. n.a. -13.3 2.8 n.a. n.a.

OCEAN LINER FREIGHT

 Inbound Ocean Liner Freight................................... 100.000 112.5 113.4 -0.5 0.0 0.1 0.1 0.8

 U.S. East Coast................................................... 56.538 117.3 118.8 0.2 0.0 0.1 0.1 1.3

 From Atlantic................................................. 24.505 115.0 117.4 -0.5 0.0 -0.3 0.3 2.1

 From Pacific.................................................. 23.197 121.8 122.1 -0.4 0.1 -0.4 -0.2 0.2

 U.S. West Coast.................................................. 43.462 109.8 110.0 -1.5 0.0 0.1 0.0 0.2

1 Relative importance figures are based on 2005 trade values.

2 Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures.

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

 n.a. Not available

November

2007
15

Table 9 U.S. Export Price Indexes and Percent Changes for Travel and Tourism Services

 November 2006-November 2007 December 2006=100, unless otherwise noted

Index Percent Change

Relative

Import- Annual Monthly

ance Nov. July Aug. Sept. Oct.

Description 2006 2007 2007 2007 2007

October to to to to to

2007 Nov. Aug. Sept. Oct. Nov.

1/ 2007 2007 2007 2007 2007

 Export Travel and Tourism................................... 100.000 107.5 105.9 5.9 0.4 2.1 1.1 -1.5

 From Europe................................................... 39.691 108.3 107.5 7.5 0.5 2.0 1.5 -0.7

 From Asia....................................................... 31.948 106.6 103.7 3.7 0.2 2.8 0.6 -2.7

 From Latin America/Caribbean....................... 15.333 107.3 106.3 6.3 0.2 1.7 1.5 -0.9

 From Canada.................................................. 8.687 107.7 106.0 6.0 0.1 1.3 1.3 -1.6

1 Relative importance figures are based on 2005 trade values.

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

 n.a. Not available

Table 10 U.S. Export Price Indexes and Percent Changes for Postsecondary Education Services

 Academic Year 2001/02 to 2006/07 Academic Year 2001/02 = 100, unless otherwise noted

Relative Annual Percent Change

Importance

Description Academic 2001/02 2002/03 2003/04 2004/05 2005/06

Year to to to to to

2005/06 2002/03 2003/04 2004/05 2005/06 2006/07

1/

EXPORT POSTSECONDARY EDUCATION

 Tuition & Fees and Room & Board................. 100.000 128.8 135.1 6.5 7.5 7.0 5.1 4.9

 Graduate...................................................... 53.006 128.5 134.6 6.4 7.4 7.0 5.1 4.7

 Undergraduate............................................. 46.994 129.0 135.7 6.6 7.7 6.8 5.2 5.2

 Private.......................................................... 47.874 123.0 129.4 5.2 5.7 5.1 5.2 5.2

 Public........................................................... 52.126 134.2 140.5 7.8 9.2 8.6 5.0 4.7

 Tuition & Fees.............................................. 73.181 131.6 138.2 7.1 8.4 7.8 5.2 5.0

 Graduate Tuition & Fees......................... 38.417 131.4 137.7 7.0 8.3 7.8 5.2 4.8

 Undergraduate Tuition & Fees................ 34.764 131.7 138.8 7.2 8.6 7.6 5.2 5.4

 Private Tuition & Fees............................ 35.497 124.3 131.2 5.6 6.1 5.3 5.4 5.6

 Public Tuition & Fees.............................. 37.686 138.7 145.1 8.7 10.7 9.8 5.0 4.6

 Room & Board............................................. 26.819 121.5 127.1 5.0 5.1 4.9 4.9 4.6

 Graduate Room & Board........................ 14.589 121.3 127.1 5.0 5.1 5.0 4.7 4.8

 Undergraduate Room & Board............... 12.230 121.7 127.2 5.0 5.1 4.9 5.1 4.5

 Private Room & Board............................ 12.377 119.1 124.3 4.2 4.8 4.5 4.4 4.4

 Public Room & Board............................ 14.440 123.6 129.5 5.7 5.5 5.2 5.4 4.8

1 Relative importance figures are based on 2005/06 academic year trade values.

October

2007

November

2007

Index

Academic Year Academic Years

2005/06 2006/07
16

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with 

a two-year lag in the weights. Published series use a base year of 2000=100 where possible. More detailed 

index series and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-

7101. 

Merchandise Goods Classification Systems -- The merchandise price indexes are published using three 

classification systems. Items are classified, respectively, by end use for the Bureau of Economic Analysis 

System, industry for the North American Industry Classification System (NAICS), and product category for 

the Harmonized System (HS). While classification by end use and product category are self-explanatory, a 

couple of notes are in order for classifying items by industry. In the NAICS tables, for both imports and 

exports, items are classified by output industry, not input industry. As an example, NAICS import index 326 

(plastics and rubber products) would include outputs such as manufactured plastic rather than inputs such as 

petroleum. The NAICS classification structure also matches the classification system used by the PPI 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 -- Price indexes for internationally traded services 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.). The Air Passenger 

Fares Indexes are calculated from data collected from a commercial airline reservation system. These data 

exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are 

calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is 

lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected 

directly from companies. The Export Travel and Tourism Indexes are calculated from a subset of BLS 

Consumer Price Index data, and the publication of these indexes is lagged one month. The indexes are 

published by the country of residence of those traveling to the United States. Post-secondary Education 

Indexes are calculated from preliminary data collected by the U.S. Department of Education, and are 

calculated annually. Export post-secondary education refers to receipts from foreign students studying at 

U.S. institutions, including colleges, universities, and technical/professional schools. Fact sheets specifying 

detailed information for each services industry are available at http://www.bls.gov/mxp/ under “Publications 

and Other Documentation.” 
17

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

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

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

goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. 

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

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

revisions take place. So, for example, data released in the January release will be subject to revision in the 

releases for February, March, and April. 

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 

sector of the National Income and Product Accounts constructed by the Department of Commerce. Other 

published indexes are useful for general market analysis. For trade in international services, Balance of 

Payments indexes are used for deflating National Income and Product Accounts, while International indexes 

are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. 

competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are 

useful for terms of trade analysis. 

Mailing List -- If you wish to be added to the mailing list to receive a copy of the U.S. Import and Export 

Price Index News Release, please either call the IPP information line at (202) 691-7101 or send e-mail to 

(mxpinfo@bls.gov) to provide your name and mailing address. You may also contact the IPP at the 

following address: 

 Division of International Prices 

 Bureau of Labor Statistics 

 PSB Building, Rm. 3955 

 2 Massachusetts Avenue, N.E. 

 Washington, DC 20212-0001 

The information you provide will be used to register you for delivery of selected publications. The Bureau 

of Labor Statistics (BLS) is authorized to request this information under 5 United States Code (USC) Section 

301. Furnishing such information is voluntary; however, BLS may not be able to register you for the 

subscription service if you fail to do so. As part of helping us assess the quality of our customer service, 

BLS may contact subscribers with a customer service survey. 

In addition, the IPP news release is now available through an e-mail subscription service at 

(http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm). 

 

Additional Information -- More detailed IPP data are available on the IPP home page at 

(http://www.bls.gov/mxp). Flat Files and the FTP server are available for users requiring access to either a 

large volume of time series data or other IPP-related documentation. The FTP site can be accessed at 

ftp://ftp.bls.gov. For technical assistance in using the BLS Internet site, send e-mail to 

(labstat.helpdesk@bls.gov). For IPP data requests, send e-mail to (mxpinfo@bls.gov). 

Information from this release will be made available to sensory impaired individuals upon request. Voice 

phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.