Bureau of Labor Statistics Washington, D.C. 20212 

Technical Information: USDL-07-0374 

 (202) 691-7101 Transmission of This 

Media contact: Material Is Embargoed 

 (202) 691-5902 Until 8:30 A.M. E.D.T. 

Internet Address: http://www.bls.gov/mxp Wednesday, March 14, 2007 

U.S. IMPORT AND EXPORT PRICE INDEXES 

- FEBRUARY 2007 - 

The U.S. Import Price Index rose 0.2 percent in February, the Bureau of Labor Statistics of the 

U.S. Department of Labor reported today. The increase followed a 0.9 percent decline in January and 

was led by an upturn in petroleum prices. The price index for exports increased for the fourth 

consecutive month, advancing 0.7 percent in February. 

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

February -0.8 -1.0 -0.7 0.1 -0.7 0.2 

March -0.1 0.6 -0.3 0.2 -0.1 0.2 

April 2.1 11.3 0.1 0.7 -0.4 0.7 

May 1.8 6.4 0.7 0.7 0.6 0.7 

June 0.1 -1.1 0.4 0.7 2.6 0.6 

July 0.8 3.6 0.0 0.4 1.9 0.2 

August 0.5 1.0 0.5 0.4 0.9 0.5 

September -2.2 -11.0 0.1 -0.4 -0.5 -0.4 

October -2.5 -10.4 -0.6 -0.3 1.0 -0.5 

November 0.4 r -1.6 r 1.0 0.4 4.4 0.1 r

December 1.1 4.3 r 0.5 0.6 r 2.3 r 0.5 

2007

January -0.9 r -5.3 r -0.1 r 0.4 r 0.6 r 0.3 

February 0.2 2.0 -0.1 0.7 2.3 0.6 

February 2005-06 6.9 38.8 1.6 2.7 4.6 2.7 

February 2006-07 1.3 -2.6 2.1 4.7 16.9 3.7 

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

All

Imports

Petroleum

Imports

Non- petroleum

Imports

All

Exports

Agricultural

Exports

Nonagricultural

Exports
2

Import Goods

Prices for imports increased 0.2 percent in February as a 2.0 percent increase in petroleum prices 

more than offset a modest decline in nonpetroleum prices. The advance in petroleum prices followed 

declines in four of the previous five months, and despite the February upturn petroleum prices decreased 

2.6 percent over the past year. Nonpetroleum prices recorded a second consecutive 0.1 percent decline 

in February after rising 0.5 percent and 1.0 percent, respectively, in December and November. The 

price index for nonpetroleum imports advanced 2.1 percent over the past 12 months while overall import 

prices advanced 1.3 percent for the same period. 

Decreases in the price indexes for capital goods and nonpetroleum industrial supplies and 

materials both contributed to the February decline in nonpetroleum prices. Prices for capital goods fell 

0.3 percent, the largest monthly drop for the index since July 2005. The decrease was driven by a 0.9 

percent decline in the price index for computers, peripherals, and semiconductors. Led by lower prices 

for lumber and some metals, nonpetroleum industrial supplies and materials prices edged down 0.1 

percent in February. The decrease was tempered by an upturn in natural gas prices. 

In contrast, automotive vehicles prices and prices for foods, feeds, and beverages increased in 

February. The price index for automotive vehicles ticked up 0.1 percent, the first change for the index 

since a 0.2 percent advance in October. Foods, feeds, and beverages prices continued to trend upward, 

rising 0.2 percent in February. Higher fish prices more than offset declining fruits and vegetables 

prices. 

Consumer goods prices were unchanged in February following 0.3 percent increases in each of 

the previous two months. 

Export Goods 

Export prices rose 0.7 percent in February, the largest increase since June 2006, and both 

agricultural prices and nonagricultural prices contributed to the advance. Agricultural prices increased 

2.3 percent for the month and 16.9 percent over the past year. The February advance was primarily led 

by higher corn and soybeans prices, although rising prices for meat, fish, fruit, and wheat also 

contributed to the increase. Nonagricultural prices rose 0.6 percent for the month and 3.7 percent for the 

year ended in February. Overall export prices rose 4.7 percent for the February 2006-2007 period. 

A 2.1 percent increase for nonagricultural industrial supplies and materials prices was the largest 

contributor to the rise in nonagricultural prices. The advance was the largest for the index since May 

2006 and was driven by higher prices for fuels, metals, and paper. Over the past 12 months, the index 

rose 9.6 percent. 

 Prices for each of the major finished goods areas recorded little movement in February. 

Automotive vehicles prices increased a modest 0.1 percent following 0.2 percent advances in each of the 

previous two months. In contrast, capital goods prices edged down 0.1 percent after increasing 0.2 

percent in January. The price index for consumer goods was unchanged in February after a 0.9 percent 

jump the previous month. 
3

Imports by Locality of Origin 

 

Import prices from Canada and the European Union each rose 0.2 percent in February. The 

increase in prices of imports from Canada followed a 1.5 percent decline in January and was led by a 

fuel-driven 3.4 percent rise in nonmanufactured articles prices, which more than countered a 0.7 percent 

decline in manufactured articles prices. The index rose 0.3 percent over the past year. The February 

advance in import prices from the European Union was also impacted by higher fuel prices. Import 

prices from the European Union rose 4.0 percent for the year ended in February. 

The price index of imports from Mexico increased 0.6 percent in February and was also led by 

higher petroleum prices. The February advance follows rises of 0.8 percent in January and 0.2 percent 

in December. The index increased 5.4 percent over the past 12 months. 

In contrast, prices of imports from China and from Japan each declined 0.2 percent in February. 

The decreases were the largest for both indexes since a similar change in October 2006. Import prices 

from China fell 1.1 percent over the past year, while the price index of imports from Japan declined 0.8 

percent for the February 2006-2007 period. 

Import and Export Services

 In January, export travel and tourism prices increased 0.4 percent. Higher prices for travelers 

from Europe, Latin America, and Canada all contributed to the increase. Beginning with this release, 

monthly price indexes will be published for export travel and tourism. The indexes are published by the 

country of residence of travelers to the United States and are lagged one month. 

 

Import air passenger fares were unchanged in February after declining 2.1 percent the previous 

month. Export air passenger fares fell 1.8 percent in February. Despite the recent decreases, both 

indexes rose over the past year, import air passenger fares 7.1 percent and export air passenger fares 3.2 

percent. Both import and export air freight prices declined in February, falling 1.1 percent and 1.4 

percent, respectively. 

CONTENTS OF RELEASE 

This news release includes the following tables: 

Table 1 U.S. Import Price Indexes, by End Use.....page 4 

Table 2 U.S. Export Price Indexes, by End Use.....page 5 

Table 3 U.S. Import Price Indexes, by NAICS.....page 6 

Table 4 U.S. Export Price Indexes, by NAICS.....page 7 

Table 5 U.S. Import Price Indexes, by Harmonized System.....pages 8-9 

Table 6 U.S. Export Price Indexes, by Harmonized System.....pages 10-11 

Table 7 U.S. Import Price Indexes, by Locality of Origin.....page 12 

Table 8 U.S. International Price Indexes for Selected Transportation Services.....page 13 

Table 9 U.S. Export Price Indexes for Travel and Tourism Services....page 14 

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

Import and Export Price Index data for March 2007 are scheduled for release on April 12 at 

8:30 A.M. (E.D.T.). 
4

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

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

Relative

Import- Annual Monthly

ance Feb. Oct. Nov. Dec. Jan.

END Description 2006 2006 2006 2006 2007

USE January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

 ALL COMMODITIES.................................................... 100.000 114.1 114.3 1.3 0.4 1.1 -0.9 0.2

 ALL IMPORTS EXCLUDING PETROLEUM................. 83.783 105.6 105.5 2.1 1.0 0.5 -0.1 -0.1

 ALL IMPORTS EXCLUDING FUELS 

 (Dec. 2001=100).................................................... 81.459 108.4 108.2 2.5 0.1 0.3 0.3 -0.2

0 FOODS, FEEDS, & BEVERAGES............................. 4.445 124.4 124.7 6.9 0.4 0.8 1.5 0.2

00 Agricultural foods, feeds & beverages, 

 excluding distilled beverages......................... 3.379 135.4 135.1 7.7 1.0 1.1 1.3 -0.2

01 Nonagricultural foods (fish, distilled beverages).... 1.066 99.8 101.5 4.4 -1.1 -0.2 1.9 1.7

1 INDUSTRIAL SUPPLIES & MATERIALS................... 34.124 161.8 163.2 1.5 1.1 2.9 -3.1 0.9

 INDUSTRIAL SUPPLIES & MATERIALS 

 EXCLUDING PETROLEUM............................... 17.907 137.0 136.8 5.6 3.9 1.6 -0.9 -0.1

 INDUSTRIAL SUPPLIES & MATERIALS 

 EXCLUDING FUELS (Dec. 2001=100).............. 15.583 145.5 144.8 8.1 0.3 0.5 0.6 -0.5

 INDUSTRIAL SUPPLIES & MATERIALS, 

 DURABLE......................................................... 10.065 139.8 138.7 10.1 0.3 0.7 0.4 -0.8

 INDUSTRIAL SUPPLIES & MATERIALS, 

 NONDURABLE EXCLUDING PETROLEUM..... 7.841 132.6 133.5 0.5 8.9 2.7 -2.8 0.7

10 Fuels & lubricants................................................. 18.542 192.8 196.6 -3.3 1.7 4.8 -5.9 2.0

100 Petroleum & petroleum products...................... 16.218 196.6 200.6 -2.6 -1.6 4.3 -5.3 2.0

10000 Crude....................................................... 11.351 197.1 204.6 -0.5 -2.2 4.7 -5.6 3.8

101 Fuels, n.e.s.-coals & gas.................................. 1.972 165.2 168.9 -14.0 38.6 9.0 -12.1 2.2

10110 Gas-natural............................................... 1.807 161.2 165.3 -14.7 43.2 10.2 -13.2 2.5

11 Paper & paper base stocks.................................. 0.873 111.4 111.1 3.3 0.2 -0.3 -1.3 -0.3

12 Materials associated with nondurable 

 supplies & materials...................................... 4.730 124.3 124.5 4.8 0.7 0.1 1.0 0.2

13 Selected building materials................................... 1.964 111.6 110.8 -6.5 -1.2 -0.2 0.9 -0.7

14 Unfinished metals related to durable goods.......... 4.607 197.8 197.0 25.2 0.7 1.1 1.0 -0.4

15 Finished metals related to durable goods............. 1.751 127.8 124.5 5.0 0.7 1.6 -1.0 -2.6

16 Nonmetals related to durable goods..................... 1.658 101.5 101.5 0.5 0.1 0.0 -0.1 0.0

2 CAPITAL GOODS...................................................... 22.570 91.4 91.1 0.0 0.1 0.1 -0.1 -0.3

20 Electric generating equipment.............................. 2.724 104.0 104.0 4.0 0.3 0.1 1.0 0.0

21 Nonelectrical machinery....................................... 18.136 87.7 87.3 -0.8 0.0 0.1 -0.2 -0.5

22 Transportation equipment excluding 

 motor vehicles (Dec. 2001=100).................... 1.710 110.1 110.2 3.1 0.2 0.1 0.7 0.1

3 AUTOMOTIVE VEHICLES, PARTS & ENGINES....... 14.353 104.3 104.4 0.9 0.0 0.0 0.0 0.1

4 CONSUMER GOODS, EXCLUDING 

 AUTOMOTIVES.................................................. 24.508 101.3 101.3 1.4 0.1 0.3 0.3 0.0

40 Nondurables, manufactured................................. 11.329 104.2 104.1 1.2 0.2 0.3 0.8 -0.1

41 Durables, manufactured....................................... 11.966 98.2 98.3 1.9 0.1 0.2 -0.1 0.1

42 Nonmanufactured consumer goods...................... 1.213 102.1 102.2 0.8 -0.1 0.2 0.2 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

January

2007
5

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

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

Index Percent Change

Relative

Import- Annual Monthly

ance Feb. Oct. Nov. Dec. Jan.

END Description 2006 2006 2006 2006 2007

USE January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

 ALL COMMODITIES................................................................. 100.000 112.9 113.7 4.7 0.4 0.6 0.4 0.7

 AGRICULTURAL COMMODITIES............................................ 8.143 138.0 141.2 16.9 4.4 2.3 0.6 2.3

 NONAGRICULTURAL COMMODITIES.................................... 91.857 111.1 111.8 3.7 0.1 0.5 0.3 0.6

0 FOODS, FEEDS, & BEVERAGES......................................... 7.402 138.7 142.6 17.0 4.3 2.1 0.1 2.8

00 Agricultural foods, feeds & beverages, 

 excluding distilled beverages..................................... 6.723 140.5 144.5 18.8 5.0 2.1 0.1 2.8

01 Nonagricultural foods (fish, distilled beverages)................ 0.679 124.3 127.0 2.3 -1.7 1.2 0.3 2.2

1 INDUSTRIAL SUPPLIES & MATERIALS............................... 29.193 140.3 143.1 9.6 0.4 1.5 0.4 2.0

 INDUSTRIAL SUPPLIES & MATERIALS, 

 DURABLE..................................................................... 11.654 152.7 156.9 17.0 0.8 2.3 1.7 2.8

 INDUSTRIAL SUPPLIES & MATERIALS, 

 NONDURABLE.............................................................. 17.539 133.6 135.7 5.4 0.2 0.9 -0.6 1.6

10 Agricultural industrial supplies & materials........................ 1.420 128.0 127.6 8.9 2.0 3.3 3.1 -0.3

 NONAGRICULTURAL INDUSTRIAL SUPPLIES 

 & MATERIALS........................................................... 27.773 141.2 144.1 9.6 0.3 1.4 0.2 2.1

11 Fuels & lubricants............................................................. 4.073 177.7 187.0 10.2 1.7 3.3 -4.7 5.2

12 Nonagricultural supplies & materials 

 excluding fuels & building materials........................... 22.579 138.4 140.7 9.8 0.0 1.0 1.2 1.7

13 Selected building materials............................................... 1.121 111.6 112.0 3.3 0.0 0.8 0.2 0.4

2 CAPITAL GOODS.................................................................. 40.015 99.0 98.9 0.8 0.1 0.0 0.2 -0.1

20 Electrical generating equipment........................................ 3.751 105.8 105.7 1.6 0.1 0.2 -0.4 -0.1

21 Nonelectrical machinery................................................... 29.077 92.6 92.5 -0.2 -0.1 0.0 0.0 -0.1

22 Transportation equipment excluding 

 motor vehicles (Dec. 2001=100)................................ 7.187 120.3 120.5 4.4 0.5 0.3 1.1 0.2

3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 10.709 105.7 105.8 1.5 0.0 0.2 0.2 0.1

4 CONSUMER GOODS, EXCLUDING 

 AUTOMOTIVES.............................................................. 12.681 104.9 104.9 2.4 0.0 0.1 0.9 0.0

40 Nondurables, manufactured.............................................. 6.010 105.3 105.4 2.8 0.1 0.3 1.2 0.1

41 Durables, manufactured................................................... 5.574 103.5 103.2 1.8 -0.1 -0.1 0.7 -0.3

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

January

2007
6

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

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

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Feb. Oct. Nov. Dec. Jan.

NAICS Description 2006 2006 2006 2006 2007

January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

 Nonmanufactured Articles...................................................... 15.571 95.5 98.6 -1.1 1.7 4.9 -5.9 3.2

11 AGRICULTURE AND LIVESTOCK PRODUCTS........... 1.537 109.9 111.7 17.0 0.2 2.0 2.3 1.6

111 Agricultural products.................................................. 1.077 111.0 109.8 19.9 1.5 3.9 3.0 -1.1

21 OIL, GAS, MINERALS AND ORES................................ 14.034 94.2 97.4 -2.7 1.8 5.1 -6.6 3.4

212 Minerals and ores (Dec. 2006=100)........................... 0.415 101.7 101.6 n.a. n.a. n.a. 1.7 -0.1

 Manufactured Articles............................................................ 83.844 103.3 102.9 2.1 0.2 0.5 0.1 -0.4

31 MANUFACTURED GOODS, PART 1............................. 10.619 102.1 102.1 1.6 0.1 0.1 0.6 0.0

311 Food and kindred products......................................... 2.449 105.9 106.3 4.3 0.4 0.4 1.7 0.4

312 Beverages and tobacco products............................... 0.839 102.5 102.6 2.6 0.0 0.0 0.4 0.1

313 Textiles and fabrics.................................................... 0.513 104.3 104.7 4.8 0.1 0.2 0.4 0.4

314 Textile mill products................................................... 0.811 100.7 100.7 0.6 -0.1 0.0 0.2 0.0

315 Apparel and accessories............................................ 4.468 100.2 100.0 -0.1 0.0 0.0 0.3 -0.2

316 Leather and allied products........................................ 1.539 101.2 101.3 1.3 0.0 0.1 0.1 0.1

32 MANUFACTURED GOODS, PART 2............................. 17.702 102.5 101.4 0.2 0.4 1.2 -0.1 -1.1

321 Wood products........................................................... 1.258 90.9 89.4 -11.9 -1.5 0.0 1.0 -1.7

322 Paper......................................................................... 1.414 103.9 103.9 2.6 0.1 -0.1 -1.3 0.0

324 Petroleum and coal products...................................... 3.953 95.4 92.6 -9.7 0.1 3.1 -3.5 -2.9

325 Chemicals.................................................................. 8.067 107.7 107.1 6.3 0.9 1.1 1.5 -0.6

326 Plastics and rubber products...................................... 1.757 103.3 103.1 2.8 0.1 0.1 -0.2 -0.2

327 Nonmetallic mineral products..................................... 1.141 104.3 104.4 3.9 -0.2 0.1 0.9 0.1

33 MANUFACTURED GOODS, PART 3............................. 55.523 103.8 103.5 2.8 0.1 0.3 0.1 -0.3

331 Primary metals........................................................... 5.462 137.4 135.5 26.2 0.8 1.7 1.0 -1.4

332 Fabricated metal products, nesoi............................... 2.609 106.1 105.3 3.3 0.5 0.3 0.6 -0.8

333 Machinery, except electrical....................................... 6.897 103.9 104.1 3.1 0.0 0.5 0.8 0.2

334 Computer and electronic products.............................. 15.063 96.6 96.1 -3.2 -0.1 0.0 -0.9 -0.5

335 Electrical equipment, appliances, and components.... 3.779 104.8 104.8 4.1 0.2 0.2 1.1 0.0

336 Transportation equipment.......................................... 15.111 100.8 100.8 0.9 -0.1 0.1 0.0 0.0

337 Furniture and fixtures................................................. 1.530 101.0 101.0 1.0 0.1 0.0 0.3 0.0

339 Miscellaneous manufactured commodities................. 5.073 105.4 105.9 5.1 0.3 0.2 0.1 0.5

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

January

2007
7

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

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

 Index Percent Change

Relative

 Import- Annual Monthly

 ance Feb. Oct. Nov. Dec. Jan.

NAICS Description 2006 2006 2006 2006 2007

January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

 Nonmanufactured Articles...................................................... 6.027 111.0 115.0 11.3 10.1 2.3 -2.1 3.6

11 AGRICULTURE AND LIVESTOCK PRODUCTS........... 4.414 117.9 121.5 21.1 7.6 2.7 -0.5 3.1

111 Agricultural products.................................................. 4.005 119.4 123.1 23.0 8.5 2.9 -0.5 3.1

21 OIL, GAS, MINERALS AND ORES................................ 1.613 95.7 100.6 -8.3 17.3 1.0 -6.4 5.1

211 Oil and gas................................................................. 0.520 88.8 103.4 11.2 62.7 0.7 -14.4 16.4

212 Minerals and ores....................................................... 1.093 99.5 99.3 -15.3 3.7 1.2 -2.1 -0.2

 Manufactured Articles............................................................ 90.831 103.2 103.5 2.7 -0.2 0.3 0.3 0.3

31 MANUFACTURED GOODS, PART 1............................. 6.653 105.2 106.3 6.6 0.3 1.0 1.5 1.0

311 Food and kindred products......................................... 4.032 109.2 111.0 11.4 0.6 1.6 2.4 1.6

312 Beverages and tobacco products............................... 0.492 100.9 101.1 1.2 -0.2 0.0 1.2 0.2

313 Textiles and fabrics.................................................... 0.984 98.1 98.3 -1.2 0.1 0.0 0.0 0.2

315 Apparel and accessories............................................ 0.566 100.1 100.1 0.1 0.0 0.0 0.0 0.0

32 MANUFACTURED GOODS, PART 2............................. 22.225 104.7 105.3 3.8 -0.9 0.6 0.0 0.6

321 Wood products........................................................... 0.554 105.8 107.2 6.8 0.6 1.3 -0.3 1.3

322 Paper......................................................................... 2.120 107.6 108.4 6.5 0.0 0.0 -0.1 0.7

324 Petroleum and coal products...................................... 2.266 106.3 109.9 5.5 0.1 6.4 -4.7 3.4

325 Chemicals.................................................................. 13.959 104.0 104.3 3.3 -1.3 -0.4 0.7 0.3

326 Plastics and rubber products...................................... 2.355 103.9 104.1 2.6 -0.2 -0.1 0.6 0.2

327 Nonmetallic mineral products..................................... 0.862 105.3 105.9 5.1 0.2 1.6 1.0 0.6

33 MANUFACTURED GOODS, PART 3............................. 61.953 102.4 102.5 1.9 0.1 0.1 0.2 0.1

331 Primary metals........................................................... 4.071 117.5 120.0 14.8 0.4 0.5 -0.8 2.1

332 Fabricated metal products, nesoi............................... 2.778 108.4 109.0 5.4 0.3 0.4 0.6 0.6

333 Machinery, except electrical....................................... 12.274 103.7 103.8 2.9 0.2 0.1 0.8 0.1

334 Computer and electronic products.............................. 17.569 96.7 96.4 -3.0 -0.3 -0.2 -0.6 -0.3

335 Electrical equipment, appliances, and components.... 3.644 103.2 103.3 2.8 0.1 0.3 0.6 0.1

336 Transportation equipment.......................................... 16.747 103.2 103.4 2.7 0.2 0.2 0.5 0.2

339 Miscellaneous manufactured commodities................. 4.526 103.1 103.1 3.1 -0.2 -0.2 1.0 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

January

2007
8

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

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

 Index Percent Change

Relative

 Import- Annual Monthly

Harmo- ance Feb. Oct. Nov. Dec. Jan.

nized Description 2006 2006 2006 2006 2007

System January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

I LIVE ANIMALS; ANIMAL PRODUCTS.............................. 1.174 120.0 122.4 6.0 -0.8 -0.7 0.8 2.0

02 Meat and edible meat offal........................................... 0.314 141.6 142.6 2.5 0.6 -1.1 0.0 0.7

03 Fish and crustaceans, molluscs and 

 other aquatic invertebrates................................... 0.602 97.8 99.7 6.9 -1.9 -0.6 2.3 1.9

II VEGETABLE PRODUCTS................................................ 1.208 129.5 126.3 13.5 2.2 3.3 1.7 -2.5

07 Edible vegetables, roots, and tubers............................ 0.340 191.3 186.6 50.7 -0.2 9.6 6.3 -2.5

08 Edible fruit and nuts; peel of citrus 

 fruit or melons....................................................... 0.350 88.3 82.4 -2.9 0.9 2.6 -1.8 -6.7

09 Coffee, tea, mate and spices....................................... 0.249 138.8 137.1 8.9 4.0 1.3 0.9 -1.2

IV PREPARED FOODSTUFFS, BEVERAGES, AND 

 TOBACCO............................................................... 2.098 121.5 122.0 3.6 0.3 0.3 1.3 0.4

20 Preparations of vegetables, fruit, 

 nuts, or other parts of plants................................. 0.271 120.0 120.2 5.2 0.8 0.8 0.3 0.2

22 Beverages, spirits, and vinegar.................................... 0.809 110.8 110.9 2.6 0.2 0.0 0.5 0.1

V MINERAL PRODUCTS...................................................... 18.395 191.3 195.4 -3.6 1.6 4.7 -5.9 2.1

27 Mineral fuels, oils and residuals, 

 bituminous substances and mineral wax............... 17.994 190.4 194.4 -3.9 1.6 4.8 -6.1 2.1

VI PRODUCTS OF THE CHEMICAL OR ALLIED 

 INDUSTRIES........................................................... 7.370 121.4 121.1 6.8 0.9 1.3 2.0 -0.2

28 Inorganic chemicals..................................................... 0.886 190.4 191.1 28.3 3.7 4.5 6.0 0.4

29 Organic chemicals....................................................... 2.742 124.5 123.7 7.7 1.3 1.3 1.6 -0.6

30 Pharmaceutical products............................................. 2.086 108.6 108.3 0.7 0.0 0.7 2.4 -0.3

32 Tanning & dyeing extracts; dye & 

 pigments; varnish & paints; putty.......................... 0.185 102.2 101.8 0.8 0.2 0.1 0.5 -0.4

33 Essential oils and resinoids (Dec. 2001=100).............. 0.417 110.1 105.4 -0.8 -0.4 0.2 -0.5 -4.3

38 Miscellaneous chemical products................................ 0.431 94.3 95.5 3.8 -0.7 0.0 -0.1 1.3

VII PLASTICS AND ARTICLES THEREOF; RUBBER 

 AND ARTICLES THEREOF..................................... 3.002 120.0 120.5 1.9 -0.3 -0.8 -0.1 0.4

39 Plastics and articles thereof......................................... 1.949 117.5 116.8 -0.8 -0.3 -0.8 -0.4 -0.6

40 Rubber and articles thereof.......................................... 1.053 125.0 127.8 7.1 -0.3 -0.9 0.6 2.2

VIII RAW HIDES, SKINS, LEATHER, FURSKINS, 

 TRAVEL GOODS, ETC........................................... 0.612 105.3 105.4 1.4 -0.1 -0.2 -0.2 0.1

42 Articles of leather; travel goods, bags, 

 etc. of various materials........................................ 0.531 105.3 105.4 1.6 -0.1 -0.2 -0.2 0.1

IX WOOD, WOOD CHARCOAL, CORK, STRAW, 

 BASKETWARE AND WICKERWORK..................... 1.325 111.8 110.0 -10.9 -1.6 -0.1 0.9 -1.6

X WOODPULP, RECOVERED PAPER, AND 

 PAPER PRODUCTS................................................... 1.609 108.1 108.1 2.5 0.0 -0.1 -0.9 0.0

48 Paper and paperboard; articles of paper 

 pulp, paper or paperboard..................................... 1.107 105.0 104.8 0.1 -0.2 -0.1 -1.0 -0.2

49 Printed matter.............................................................. 0.285 114.7 114.6 1.6 -0.2 -0.1 0.1 -0.1

XI TEXTILE AND TEXTILE ARTICLES.................................. 5.596 101.3 101.3 0.6 0.0 -0.1 0.3 0.0

61 Articles of apparel and clothing 

 accessories, knitted or crocheted......................... 2.008 100.3 100.2 0.3 0.1 0.0 0.1 -0.1

62 Articles of apparel and clothing 

 accessories, not knitted or crocheted.................... 2.253 100.0 99.8 -0.3 0.0 -0.1 0.7 -0.2

63 Made-up or worn textile articles................................... 0.550 94.3 94.4 0.9 0.0 -0.1 0.0 0.1

XII HEADGEAR, UMBRELLAS, 

 ARTIFICIAL FLOWERS, ETC..................................... 1.283 101.3 101.3 1.1 0.1 0.1 0.3 0.0

64 Footwear and parts of such articles............................ 1.087 101.5 101.5 0.8 0.0 0.1 0.2 0.0

See footnotes at end of table

January

2007
9

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

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

 Index Percent Change

Relative

Import- Annual Monthly

Harmo- ance Feb. Oct. Nov. Dec. Jan.

nized Description 2006 2006 2006 2006 2007

System January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

XIII STONE, PLASTER, CEMENT, ASBESTOS, 

 CERAMICS, GLASS ETC......................................... 0.994 109.1 108.9 3.2 -0.2 0.0 0.4 -0.2

68 Articles of stone, plaster, cement, 

 asbestos, or mica (Dec. 2001=100).................... 0.350 102.7 102.7 0.9 -0.3 -1.0 0.6 0.0

69 Ceramic products...................................................... 0.312 114.3 114.1 3.8 -0.1 0.6 0.4 -0.2

70 Glass and glassware................................................. 0.333 109.4 108.8 4.7 -0.3 0.4 0.2 -0.5

XIV PEARLS, STONES, PRECIOUS METALS, 

 IMITATION JEWELRY, AND COINS........................ 2.873 128.4 130.6 16.0 0.4 2.2 0.6 1.7

XV BASE METALS AND ARTICLES OF BASE METAL....... 6.631 163.4 161.5 16.7 0.7 0.6 0.1 -1.2

72 Iron and steel............................................................ 1.479 183.6 186.6 20.3 -1.1 -0.9 0.0 1.6

73 Articles of iron or steel............................................... 1.493 126.0 126.1 2.0 0.0 0.1 0.1 0.1

74 Copper and articles thereof....................................... 0.851 269.0 236.6 21.5 0.3 -1.2 -5.6 -12.0

76 Aluminum and articles thereof................................... 1.179 148.1 146.8 11.9 1.5 2.6 1.5 -0.9

82 Tools, implements, cutlery, spoons and 

 forks, of base metal; parts thereof...................... 0.369 107.6 107.7 0.5 0.0 0.1 0.2 0.1

83 Miscellaneous articles of base metal......................... 0.495 124.4 125.6 7.9 0.2 1.1 0.2 1.0

XVI MACHINERY, ELECTRICAL EQUIPMENT, TV 

 IMAGE & SOUND RECORDERS, PARTS, ETC....... 25.390 88.1 87.9 -0.2 0.0 0.0 0.0 -0.2

84 Machinery and mechanical appliances; parts thereof 13.125 88.6 88.4 0.0 0.1 0.2 0.0 -0.2

85 Electrical machinery and equip, sound 

 and TV recorders & reproducers, parts............... 12.265 87.6 87.4 -0.5 0.0 -0.1 -0.1 -0.2

XVII VEHICLES, AIRCRAFT, VESSELS AND 

 ASSOCIATED TRANSPORT EQUIPMENT.............. 13.127 105.4 105.5 1.0 0.0 0.0 0.0 0.1

87 Motor vehicles and their parts.................................... 12.121 104.6 104.7 0.8 0.0 0.0 0.0 0.1

88 Aircraft, spacecraft, and parts 

 thereof (Dec. 2002=100)..................................... 0.890 108.1 108.2 2.4 0.3 0.2 0.2 0.1

XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & 

 MUSICAL INSTRUMENTS; & TIMEPIECES............. 3.117 99.7 98.9 -0.6 -0.2 0.2 -0.1 -0.8

90 Optical, photographic, measuring and 

 medical instruments........................................... 2.771 98.1 97.2 -1.3 -0.2 0.1 -0.1 -0.9

91 Clocks and watches and parts thereof....................... 0.254 115.5 115.3 5.3 0.0 1.9 0.2 -0.2

XX MISCELLANEOUS MANUFACTURED ARTICLES......... 3.975 101.0 101.0 1.6 0.2 0.2 0.5 0.0

94 Furniture & stuffed furnishings; lamps & 

 lighting fittings, nesoi; prefab bldg...................... 2.256 104.3 104.2 1.2 0.1 0.1 0.2 -0.1

95 Toys, games and sports equipment; parts 

 and accessories thereof..................................... 1.498 96.2 96.2 1.6 0.4 0.3 0.3 0.0

96 Miscellaneous manufactured articles......................... 0.221 107.8 107.8 5.9 0.0 0.1 5.7 0.0

1 Relative importance figures are based on 2005 trade values.

2 Product categories included in this group have been modified due to concordance or coverage limitations.

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

 n.a. Not available

January

2007
10

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

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

 Index Percent Change

Relative

 Import- Annual Monthly

Harmo- ance Feb. Oct. Nov. Dec. Jan.

nized Description 2006 2006 2006 2006 2007

System January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

I LIVE ANIMALS; ANIMAL PRODUCTS.............................. 1.454 136.4 141.7 10.7 -1.6 0.5 3.1 3.9

02 Meat & edible meat offal (Dec. 2006=100)................... 0.724 104.3 109.1 n.a. n.a. n.a. 4.3 4.6

03 Fish and crustaceans, molluscs and 

 other aquatic invertebrates................................... 0.413 119.9 123.4 -0.2 -2.4 1.2 0.3 2.9

II VEGETABLE PRODUCTS................................................ 4.050 151.5 155.6 25.7 7.9 2.7 -0.5 2.7

08 Edible fruit and nuts; peel of citrus 

 fruit or melons....................................................... 0.647 112.8 113.8 3.6 -3.6 6.1 0.0 0.9

10 Cereals........................................................................ 1.774 167.0 177.2 39.3 13.5 2.3 -4.6 6.1

12 Oilseeds and misc. grains, seeds, 

 fruits, plants, straw and fodder.............................. 0.986 134.6 144.9 19.4 11.8 0.7 -1.0 7.7

IV PREPARED FOODSTUFFS, BEVERAGES, AND 

 TOBACCO............................................................... 2.296 118.0 118.8 6.5 0.8 0.8 1.7 0.7

21 Miscellaneous edible preparations............................... 0.426 110.3 110.3 2.3 0.8 0.0 0.5 0.0

23 Residues and waste from the food 

 industries; prepared animal feed........................... 0.493 142.1 145.2 15.8 3.3 4.4 1.8 2.2

V MINERAL PRODUCTS...................................................... 4.161 223.4 230.7 4.7 7.5 3.9 -3.6 3.3

27 Mineral fuels, oils and residuals, 

 bituminous substances and mineral wax............... 3.383 206.3 217.9 9.0 6.6 4.0 -3.4 5.6

VI PRODUCTS OF THE CHEMICAL OR ALLIED 

 INDUSTRIES........................................................... 11.584 124.3 124.6 4.9 -0.8 -0.2 0.3 0.2

28 Inorganic chemicals..................................................... 1.116 148.0 148.5 9.7 -2.9 -3.0 -2.1 0.3

29 Organic chemicals....................................................... 3.670 137.7 138.4 6.0 -2.0 -0.5 -0.4 0.5

30 Pharmaceutical products............................................. 2.552 113.5 113.4 4.6 0.5 0.9 1.9 -0.1

32 Tanning or dyeing extracts, dyes, 

 paints, varnish, putty, & inks................................. 0.605 113.4 113.1 5.3 1.2 1.3 0.7 -0.3

33 Essential oils and resinoids; 

 perfumery, cosmetic or toilet................................. 0.693 116.3 116.5 4.2 -0.2 0.3 1.0 0.2

34 Soap; lubricants; waxes, polishing or 

 scouring products; candles, pastes....................... 0.411 109.7 109.8 2.4 1.4 -1.0 0.3 0.1

38 Miscellaneous chemical products................................ 1.637 114.2 114.3 2.4 0.3 0.4 0.5 0.1

VII PLASTICS AND ARTICLES THEREOF; RUBBER 

 AND ARTICLES THEREOF..................................... 5.442 127.9 128.4 0.2 -1.7 -0.4 1.2 0.4

39 Plastics and articles thereof......................................... 4.360 123.9 124.6 -0.7 -2.1 -0.5 1.1 0.6

40 Rubber and articles thereof.......................................... 1.082 144.6 144.4 4.6 0.1 0.0 1.6 -0.1

VIII RAW HIDES, SKINS, LEATHER, FURSKINS, 

 TRAVEL GOODS, ETC........................................... 0.493 124.1 125.5 11.0 1.0 1.8 0.9 1.1

IX WOOD, WOOD CHARCOAL, CORK, STRAW, 

 BASKETWARE AND WICKERWORK..................... 0.721 109.2 111.5 5.8 1.1 -0.3 -0.2 2.1

X WOODPULP, RECOVERED PAPER, AND 

 PAPER PRODUCTS................................................... 2.685 108.1 109.7 7.3 -0.2 0.3 0.7 1.5

47 Woodpulp and recovered paper................................... 0.652 108.6 114.6 22.6 1.1 2.9 2.7 5.5

48 Paper and paperboard; articles of paper 

 pulp, paper or paperboard..................................... 1.459 107.1 107.4 5.4 -0.3 0.1 0.1 0.3

49 Printed material........................................................... 0.573 113.6 113.4 -2.5 -1.5 -1.4 0.3 -0.2

XI TEXTILE AND TEXTILE ARTICLES.................................. 2.483 102.4 102.2 0.2 0.3 0.6 0.3 -0.2

52 Cotton, including yarns and woven fabrics thereof....... 0.677 94.8 93.8 -1.3 1.5 2.4 0.4 -1.1

See footnotes at end of table

January

2007
11

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

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

 Index Percent Change

Relative

Import- Annual Monthly

Harmo- ance Feb. Oct. Nov. Dec. Jan.

nized Description 2006 2006 2006 2006 2007

System January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

XIII STONE, PLASTER, CEMENT, ASBESTOS, 

 CERAMICS, GLASS ETC......................................... 0.802 106.3 108.5 3.8 0.1 1.2 0.8 2.1

70 Glass and glassware................................................. 0.435 95.9 95.9 0.9 0.1 0.3 0.1 0.0

XIV PEARLS, STONES, PRECIOUS METALS, 

 IMITATION JEWELRY, AND COINS........................ 3.541 158.4 167.1 36.2 0.4 7.6 7.9 5.5

XV BASE METALS AND ARTICLES OF BASE METALS..... 5.841 157.6 159.0 13.2 0.8 0.4 -0.6 0.9

72 Iron and steel............................................................ 1.413 178.6 184.5 17.4 -0.6 0.6 -1.0 3.3

73 Articles of iron or steel............................................... 1.403 139.8 141.1 6.3 0.3 0.1 0.9 0.9

74 Copper and articles thereof....................................... 0.659 229.2 226.0 21.7 2.9 -3.4 -6.9 -1.4

76 Aluminum and articles thereof................................... 1.068 148.5 148.0 14.9 2.1 3.9 -0.1 -0.3

82 Tools, implements, cutlery, spoons and 

 forks, of base metal; parts thereof...................... 0.411 113.7 113.9 3.5 0.0 0.0 1.2 0.2

83 Miscellaneous articles of base metal......................... 0.405 124.7 126.2 5.2 0.1 0.3 0.1 1.2

XVI MACHINERY, ELECTRICAL EQUIPMENT, TV 

 IMAGE AND SOUND RECORDERS, PARTS, ETC.. 32.352 93.8 93.7 0.1 0.0 0.0 -0.1 -0.1

84 Machinery and mechanical appliances; parts thereof 18.576 102.3 102.3 1.3 0.1 -0.1 0.1 0.0

85 Electrical machinery and equipment 

 and parts and accessories thereof...................... 13.776 84.5 84.4 -1.3 0.0 0.1 -0.4 -0.1

XVII VEHICLES, AIRCRAFT, VESSELS AND 

 ASSOCIATED TRANSPORT EQUIPMENT.............. 13.956 112.9 113.0 2.0 0.1 0.3 0.3 0.1

87 Motor vehicles and their parts.................................... 9.028 105.4 105.4 1.0 0.0 0.2 0.2 0.0

XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & 

 MUSICAL INSTRUMENTS; & TIMEPIECES............. 6.330 103.6 103.1 1.1 0.0 0.0 1.0 -0.5

XX MISCELLANEOUS MANUFACTURED ARTICLES......... 1.459 103.1 103.1 2.5 0.5 -0.2 1.7 0.0

94 Furniture; stuffed furnishings; 

 lamps and lighting fittings nesoi;......................... 0.810 112.6 112.5 5.9 2.3 0.7 1.4 -0.1

95 Toys, games and sports equipment; parts 

 and accessories thereof..................................... 0.485 87.5 87.5 -7.4 -2.0 -2.1 -2.1 0.0

1 Relative importance figures are based on 2005 trade values.

2 Product categories included in this group have been modified due to concordance or coverage limitations.

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

 n.a. Not available

January

2007
12

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

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

 Index Percent Change

Annual Monthly

Percentage Feb. Oct. Nov. Dec. Jan.

Description of 2006 2006 2006 2006 2007

U.S. February to to to to to

Imports 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

2/ Industrialized Countries................................................ 44.813 116.2 116.1 1.8 1.3 0.8 -0.5 -0.1

 Nonmanufactured Articles....................................... 4.582 167.3 172.6 -3.0 9.1 7.4 -9.6 3.2

 Manufactured Articles.............................................. 39.766 112.0 111.6 2.3 0.6 0.0 0.4 -0.4

3/ Other Countries............................................................ 55.204 110.7 112.1 1.1 -0.1 1.1 -1.2 1.3

 Nonmanufactured Articles....................................... 11.023 185.5 192.0 1.3 -0.9 3.9 -3.1 3.5

 Manufactured Articles.............................................. 43.982 100.3 100.9 1.0 0.1 0.3 -0.6 0.6

 Canada......................................................................... 17.052 127.3 127.6 0.3 2.6 1.6 -1.5 0.2

 Nonmanufactured Articles....................................... 3.871 169.9 175.7 -2.2 12.9 7.5 -9.2 3.4

 Manufactured Articles.............................................. 12.851 119.6 118.8 0.8 0.2 0.0 0.8 -0.7

4/ European Union............................................................ 17.908 121.1 121.3 4.0 -0.1 0.6 0.7 0.2

 Nonmanufactured Articles....................................... 0.389 180.9 186.4 -13.2 -5.3 1.3 -9.0 3.0

 Manufactured Articles.............................................. 17.406 119.8 119.8 4.4 0.2 0.6 0.9 0.0

 France (Dec. 2003=100)............................................... 1.888 107.2 107.3 4.2 -0.1 0.7 1.4 0.1

 Germany (Dec. 2003=100)........................................... 5.008 106.2 105.8 3.5 -0.1 0.4 0.7 -0.4

 United Kingdom (Dec. 2003=100)................................. 2.845 115.1 115.7 -0.1 -0.9 0.3 -0.5 0.5

5/ Latin America............................................................... 17.619 135.7 135.9 2.2 -0.4 0.7 -0.7 0.1

 Nonmanufactured Articles....................................... 4.822 192.0 197.9 4.4 0.2 4.4 -3.0 3.1

 Manufactured Articles.............................................. 12.721 126.1 124.9 1.2 -0.7 -0.8 0.2 -1.0

 Mexico (Dec. 2003=100)............................................... 10.163 119.6 120.3 5.4 -0.1 0.2 0.8 0.6

6/ Pacific Rim (Dec. 2003=100)........................................ 33.452 98.1 98.1 -0.6 -0.1 0.1 -0.4 0.0

 China (Dec. 2003=100)................................................ 14.941 97.2 97.0 -1.1 0.1 0.0 -0.1 -0.2

 Japan........................................................................... 8.308 94.0 93.8 -0.8 -0.1 0.0 -0.1 -0.2

7/ Asian NICs................................................................... 6.124 88.6 88.7 -0.1 -0.2 0.1 -0.6 0.1

8/ ASEAN (Dec. 2003=100).............................................. 5.993 96.7 97.2 0.2 -0.3 0.0 -1.3 0.5

9/ Asia Near East (Dec. 2003=100).................................. 3.765 164.0 168.4 1.6 -1.1 2.5 -2.4 2.7

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 Asia Newly Industrialized Countries (see footnote 7).

7 Asia 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

January

2007
13

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

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

Index Percent Change

Relative

import- Annual Monthly

ance Feb. Oct. Nov. Dec. Jan.

Description 2006 2006 2006 2006 2007

January February to to to to to

2007 2007 Feb. Nov. Dec. Jan. Feb.

1/ 2007 2006 2006 2007 2007

AIR FREIGHT

 Import Air Freight..................................................... 100.000 132.3 130.8 0.8 -2.3 1.0 0.8 -1.1

 Europe (Dec. 2003=100)..................................... 27.936 130.9 129.1 6.5 -4.3 1.8 2.6 -1.4

 Asia..................................................................... 61.252 115.3 113.9 -2.1 -1.2 0.5 0.2 -1.2

 Export Air Freight..................................................... 100.000 118.3 116.6 2.8 -0.7 0.1 1.4 -1.4

 Europe (Dec. 2006=100)..................................... 38.814 101.0 100.6 n.a. n.a. n.a. 1.0 -0.4

 Inbound Air Freight................................................... 100.000 128.0 126.5 1.4 -1.2 0.6 0.6 -1.2

 Europe (Dec. 2003=100)..................................... 29.805 126.7 125.1 6.6 -2.6 1.1 2.6 -1.3

 Asia..................................................................... 57.493 110.4 109.1 -1.7 -0.5 0.3 -0.2 -1.2

 Outbound Air Freight................................................ 100.000 113.1 112.1 -0.8 -1.4 -0.4 -0.6 -0.9

 Europe (Dec. 2003=100)..................................... 41.715 127.2 126.1 -0.9 -1.5 0.0 -1.3 -0.9

 Asia..................................................................... 40.743 103.8 103.0 -2.1 -1.6 -0.8 -0.3 -0.8

AIR PASSENGER FARES

 Import Air Passenger Fares..................................... 100.000 122.8 122.8 7.1 -3.3 3.3 -2.1 0.0

 Europe................................................................. 40.825 114.8 118.0 10.3 -4.4 0.1 0.7 2.8

 Asia..................................................................... 25.849 116.6 113.0 4.0 -0.6 18.1 -9.9 -3.1

 Latin America/Caribbean..................................... 13.898 123.2 123.7 9.8 -0.6 3.2 -0.7 0.4

 Export Air Passenger Fares..................................... 100.000 141.7 139.1 3.2 -2.6 0.9 3.2 -1.8

 Europe................................................................. 29.833 165.0 162.6 8.0 -7.1 0.8 1.7 -1.5

 Asia..................................................................... 31.586 114.3 110.5 -5.3 -1.0 0.1 5.5 -3.3

 Latin America/Caribbean..................................... 21.663 166.3 166.1 12.9 0.3 1.9 5.4 -0.1

 Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000 122.2 118.2 6.0 -4.6 1.6 3.1 -3.3

 Europe (Dec. 2003=100)..................................... 36.880 117.3 116.0 8.0 -8.9 1.6 0.5 -1.1

 Asia (Dec. 2003=100)......................................... 30.249 112.5 105.2 0.2 -2.6 2.2 4.8 -6.5

 Latin America/Caribbean (Dec. 2003=100)......... 14.295 131.4 130.7 13.2 -0.3 1.4 6.4 -0.5

 Canada (Dec. 2003=100).................................... 7.841 160.2 159.0 5.6 -0.2 1.5 -2.6 -0.7

 Outbound Air Passenger Fares (Dec. 2003=100).... 100.000 118.7 119.4 8.1 -2.8 1.4 -0.5 0.6

 Europe (Dec. 2003=100)..................................... 37.534 119.7 122.5 10.0 -4.5 -0.2 1.0 2.3

 Asia (Dec. 2003=100)......................................... 22.714 107.9 107.2 4.6 -2.5 6.9 -5.8 -0.6

 Latin America/Caribbean (Dec. 2003=100)......... 23.491 114.3 114.8 7.6 0.0 0.8 0.4 0.4

 Canada (Dec. 2003=100).................................... 6.785 165.7 168.0 16.2 0.0 1.2 -0.1 1.4

CRUDE OIL TANKER FREIGHT

2/ Inbound Crude Oil Tanker Freight............................ 100.000 n.a. n.a. n.a. -2.0 -2.3 n.a. n.a.

OCEAN LINER FREIGHT

 Inbound Ocean Liner Freight................................... 100.000 113.2 113.0 -10.5 0.2 -0.1 -0.7 -0.2

 U.S. East Coast................................................... 56.660 118.3 117.1 -7.6 0.3 -0.1 -0.3 -1.0

 From Atlantic................................................. 24.887 117.6 116.0 -12.1 -0.8 0.0 -0.3 -1.4

 From Pacific.................................................. 23.211 122.7 121.4 -1.2 1.3 -0.1 0.1 -1.1

 U.S. West Coast.................................................. 43.340 110.2 111.1 -12.2 0.1 0.0 -1.3 0.8

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

January

2007
14

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

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

Index Percent Change

Relative

import- Annual Monthly

ance Jan. Sept. Oct. Nov. Dec.

Description 2006 2006 2006 2006 2006

December to to to to to

2006 Jan. Oct. Nov. Dec. Jan.

1/ 2007 2006 2006 2006 2007

 Export Travel and Tourism........................ 100.000 100.0 100.4 n.a. n.a. n.a. n.a. 0.4

 From Europe........................................ 39.407 100.0 100.6 n.a. n.a. n.a. n.a. 0.6

 From Asia............................................ 32.224 100.0 98.9 n.a. n.a. n.a. n.a. -1.1

 From Latin America/Caribbean............ 15.369 100.0 101.5 n.a. n.a. n.a. n.a. 1.5

 From Canada....................................... 8.677 100.0 102.9 n.a. n.a. n.a. n.a. 2.9

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

December

2006

January

2007
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 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. 

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. 

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 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. Fact sheets specifying detailed 

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

Other Documentation.” 
16

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). To access data using Anonymous FTP, use the Internet address 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.