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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-

                            IMPORTS                       EXPORTS

  Month                                Non-                Agri-    Nonagri-
                    All    Petroleum petroleum    All    cultural   cultural
                  Imports   Imports   Imports   Exports   Exports    Exports

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.


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.


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
Table 2    U.S. Export Price Indexes, by End Use
Table 3    U.S. Import Price Indexes, by NAICS
Table 4    U.S. Export Price Indexes, by NAICS
Table 5    U.S. Import Price Indexes, by Harmonized System
Table 6    U.S. Export Price Indexes, by Harmonized System
Table 7    U.S. Import Price Indexes, by Locality of Origin
Table 8    U.S. International Price Indexes for Selected Transportation Services
Table 9    U.S. Export Price Indexes for Travel and Tourism Services       
-------------------------------------------------------------------
Import and Export Price Index data for March 2007 are scheduled for release on April 12 at 
8:30 A.M. (E.D.T.).  


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   January   February    to      to      to      to      to
                                                                     2007      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


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   January   February    to      to      to      to      to
                                                                        2007      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


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   January   February    to      to      to      to      to
                                                                          2007      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


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   January   February    to      to      to      to      to
                                                                          2007      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


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   January   February    to      to      to      to      to
                                                                        2007      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

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


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   January   February    to      to      to      to      to
                                                                        2007      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

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


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.   January    February      to        to       to       to       to
                                                        Imports    2007       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


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   January  February      to       to       to       to       to
                                                          2007      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


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  December   January      to        to        to        to        to
                                     2006      2006       2007       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
	
                                        
						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."   

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.

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