U.S. IMPORT AND EXPORT PRICE INDEXES – JANUARY 2022 

Prices for U.S. imports advanced 2.0 percent in January following a 0.4-percent drop in December, the U.S. 

Bureau of Labor Statistics reported today. Higher fuel and nonfuel prices in January contributed to the 

overall increase in import prices. U.S. export prices rose 2.9 percent in January, after declining 1.6 percent 

in December. 

Chart 1. One-month and 12-month percent changes in the Import Price Index: January 2021 – January 2022

Imports 

U.S. import prices advanced 2.0 percent in January resuming the upward trend recorded over most of 2021 

following a 0.4-percent decline in December. The January increase was the largest monthly rise since April 

2011. Prices for U.S. imports advanced 10.8 percent over the past year, led by higher fuel and nonfuel 

prices. (See table 1.)

Fuel Imports: The price index for import fuel rose 9.3 percent in January following an 8.3-percent drop in 

December. The January advance was driven by higher petroleum and natural gas prices. Import fuel prices 

advanced 60.3 percent over the past 12 months. Prices for import petroleum increased 9.5 percent in 

January, after decreasing 8.3 percent the previous month. Petroleum prices rose 57.7 percent for the year 

ended in January. Prices for natural gas also advanced in January, rising 10.5 percent, after falling 10.5 

percent in December. Natural gas prices increased 118.4 percent from January 2021 to January 2022. 

1.5 1.2 1.5

0.9 1.3 1.1

0.3

-0.2

0.4

1.5

0.7

-0.4

2.0

1.0

3.0

7.1

10.9

11.6 11.3

10.2

9.0 9.3

11.0

11.8

10.2

10.8

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

Jan'21 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'22

1-month percent change 12-month percent change

Transmission of material in this release is embargoed until

8:30 a.m. (ET) Wednesday, February 16, 2022 

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

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

USDL-22-0263
2

All Imports Excluding Fuel: Prices for nonfuel imports increased 1.4 percent in January and have not 

recorded a monthly decline since November 2020. The January advance was the largest 1-month rise since 

monthly percent changes were first published in January 2002. Higher prices for nonfuel industrial supplies 

and materials; foods, feeds, and beverages; capital goods; consumer goods; and automotive vehicles all 

contributed to the January increase in nonfuel import prices. The price index for nonfuel imports advanced 

6.9 percent over the past year, the largest over-the-year rise since 12-month percent changes were first 

published in December 2002. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices increased 3.6 percent in January, the 

largest 1-month advance since March 2014. The January rise was led by higher prices for vegetables and 

fruit. 

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 

increased 3.2 percent in January, the largest 1-month advance since May 2021. Higher prices for selected 

building materials, chemicals, and unfinished metals drove the January rise. 

Finished Goods: Prices for each of the major finished goods categories increased in January. Capital goods 

prices rose 0.9 percent, the largest monthly increase since April 2008. Prices for consumer goods advanced 

0.5 percent for the second consecutive month, the largest 1-month increases since February 2018. 

Automotive vehicles prices also rose in January, ticking up 0.1 percent. 

Table A. Percent change in Import and Export Price Indexes, selected categories
3

Chart 2. One-month and 12-month percent changes in the Export Price Index: January 2021 – January 2022 

Exports 

Prices for U.S. exports increased 2.9 percent in January following a 1.6-percent decline the previous month. 

The January advance was the largest 1-month rise since monthly percent changes were first published in 

January 1989. Higher prices for both agricultural and nonagricultural exports in January contributed to the 

overall increase in U.S. export prices. The price index for U.S. exports advanced 15.1 percent from January 

2021 to January 2022. (See table 2.)

Agricultural Exports: The price index for agricultural exports rose 3.0 percent in January, after a 0.7-

percent increase in December. Higher prices in January for soybeans, other animal feeds, corn, vegetables, 

and cotton all contributed to the advance in export agricultural prices. Prices for agricultural exports rose 

18.0 percent over the past 12 months. 

All Exports Excluding Agriculture: Nonagricultural prices rose 2.9 percent in January following a 1.9-

percent drop the previous month. The January increase was the largest advance since monthly percent 

changes were first published in January 1989. Higher prices for nonagricultural industrial supplies and 

materials; capital goods; consumer goods; automotive vehicles; and nonagricultural foods all contributed to 

the January increase in nonagricultural export prices. Prices for nonagricultural exports increased 14.7 

percent for the year ended in January. 

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

and materials advanced 5.5 percent in January, the largest monthly increase since March 2021. The January 

rise was led by an 11.7-percent advance in export fuel prices. 

Finished Goods: Prices for each of the major finished goods categories advanced in January. Capital goods 

prices rose 0.7 percent, the largest monthly increase since January 2013. Prices for consumer goods 

advanced 1.0 percent, the largest 1-month rise since June 2011. The price index for automotive vehicles 

increased 0.3 percent in January. 

More information for the major import and export price indexes can be found at 

www.bls.gov/web/ximpim/largest.htm. 

2.7

1.6

2.5

1.2

2.3

1.2 1.1

0.2 0.3

1.9

0.7

-1.6

2.9

2.5

5.4

9.6

15.0

17.6 16.9 17.0 16.6 16.3

18.3 18.1

14.8

15.1

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0

22.0

Jan'21 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'22

1-month percent change 12-month percent change
4

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Import prices from China advanced 0.5 percent in January following a 0.7-

percent rise the previous month. The price index for imports from China has not recorded a decline since the 

index edged down 0.1 percent in October 2020. Prices for imports from China increased 4.8 percent on a 

12-month basis for the second consecutive month, the largest over-the-year advances since August 2008.

Import prices from Japan rose 0.2 percent in January, the largest monthly increase since July 2021. The 

price index for imports from Japan advanced 1.7 percent for the year ended in January. Prices for imports 

from Canada increased 6.4 percent in January and import prices from Mexico rose 2.4 percent over the same 

period. The price index for imports from the European Union also advanced in January, increasing 0.7 

percent, after ticking up 0.1 percent in December. (See table 7.)

Exports by Locality of Destination: Prices for exports to China rose 2.2 percent in January following a 

1.2-percent decline the previous month. The January advance was the largest monthly increase since March 

2021 and the index rose 11.8 percent over the past 12 months. Export prices to Japan advanced 4.3 percent 

in January, after falling 1.7 percent in December. The January rise was the largest increase since June 2020. 

In January, export prices to Mexico and the European Union increased 3.3 percent and 3.2 percent, 

respectively. (See table 8.)

Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure 

the change in the purchasing power of exports relative to imports. U.S. terms of trade with China advanced 

1.7 percent in January, after declining 1.8 percent the previous month. The January increase was the largest 

monthly rise since March 2021. The index for U.S. terms of trade with China advanced 6.7 percent over the 

past year. U.S. terms of trade with Japan rose 4.1 percent in January, the largest 1-month increase since June 

2020. The index for U.S. terms of trade with Japan advanced 11.3 percent for the year ended in January. 

U.S. terms of trade with the European Union rose 2.4 percent in January and U.S. terms of trade with 

Mexico increased 1.0 percent over the same period. In contrast, the index for U.S. terms of trade with 

Canada fell 2.4 percent in January following a 1.9-percent advance in December. Higher import prices from 

Canada in January more than offset the increase in export prices to Canada. (See table 9.)

Import and Export Services

Imports: Import air passenger fares fell 19.4 percent in January, after increasing 5.1 percent in December. 

The January drop was the largest 1-month decline since monthly percent changes were first published in 

January 2001. Lower Latin American/Caribbean, Asian, and European fares all contributed to the January 

decrease in import air passenger fares. The index for import air passenger fares declined 5.2 percent over the 

past year, the first 12-month drop since March 2021. Prices for import air freight advanced 7.8 percent in 

January following a 12.8-percent decrease the previous month. The January increase was driven by a 10.2-

percent rise in the import price index for Asian air freight. Import air freight prices advanced 26.8 percent 

for the year ended in January. (See table 10.)

Exports: Export air passenger fares rose 7.7 percent in January, after increasing 2.3 percent in December 

and 0.9 percent in November. The January advance was the largest monthly increase since July 2021 and 

was led by higher Latin American/Caribbean and Asian fares. The index for export air passenger fares rose 

8.4 percent from January 2021 to January 2022. Export air freight prices advanced 2.8 percent in January 

following a 4.7-percent increase the previous month. Prices for export air freight rose 11.1 percent over the 

past 12 months. 

 

U.S. Import and Export Price Index data for February 2022 are scheduled for release on Wednesday, March

16, 2022 at 8:30 a.m. (ET).
Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2021 to

January 2022

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

All commodities................................... 100.000 137.3 140.1 10.8 1.5 0.7 -0.4 2.0

All imports excluding food and fuels (Dec.

2010=100)........................................ 83.810 106.8 108.0 6.2 0.5 0.5 0.6 1.1

All imports excluding petroleum.............. 91.571 122.0 123.7 7.5 0.7 0.7 0.4 1.4

All imports excluding fuels (Dec.

2001=100)........................................ 90.768 125.5 127.2 6.9 0.5 0.6 0.5 1.4

Foods, feeds, & beverages................... 0 6.958 200.5 207.8 15.8 0.8 -0.1 0.4 3.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 5.498 216.4 225.4 15.8 0.8 -0.3 0.6 4.2

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.460 165.8 168.3 15.7 0.8 0.7 -0.4 1.5

Industrial supplies & materials.............. 1 28.048 246.2 259.0 34.5 5.2 2.3 -2.4 5.2

Industrial supplies & materials excluding

petroleum.................................... 19.565 211.8 219.0 25.0 2.3 3.0 1.0 3.4

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 18.540 233.7 241.1 22.0 1.4 2.0 1.7 3.2

Industrial supplies & materials, durable. . .. 12.660 227.4 235.6 17.4 0.5 1.9 1.7 3.6

Industrial supplies & materials nondurable

excluding petroleum....................... 6.958 192.1 197.8 37.9 4.9 4.6 0.1 3.0

Fuels & lubricants............................. 10 9.232 271.2 296.4 60.3 11.1 2.5 -8.3 9.3

Petroleum & petroleum products......... 100 8.429 283.5 310.3 57.7 10.5 1.2 -8.3 9.5

Crude petroleum........................... 10000 5.693 286.4 324.0 57.7 11.9 -0.1 -10.3 13.1

Fuels, n.e.s.-coals & gas.................. 101 0.680 259.1 281.3 106.2 20.5 18.5 -8.8 8.6

Natural gas.................................. 10110 0.555 250.3 276.7 118.4 20.8 22.5 -10.5 10.5

Paper & paper base stocks.................. 11 0.492 124.1 126.1 15.9 -0.1 -2.8 -0.2 1.6

Materials associated with nondurable

supplies & materials....................... 12 5.664 206.2 211.0 32.5 3.1 2.9 1.9 2.3

Selected building materials.................. 13 1.935 199.8 229.3 15.3 7.5 1.8 8.0 14.8

Unfinished metals related to durable

goods........................................ 14 5.589 355.0 360.8 18.3 -2.2 2.6 -0.1 1.6

Finished metals related to durable

goods........................................ 15 3.376 208.6 212.0 27.3 1.0 1.7 0.8 1.6

Nonmetals related to durable goods. . . . . .. 16 1.761 123.4 125.0 9.5 0.7 0.4 1.3 1.3

Capital goods................................... 2 26.174 90.5 91.3 3.0 0.2 0.2 0.1 0.9

Electric generating equipment............... 20 3.221 123.1 124.7 2.9 0.4 0.0 0.2 1.3

Nonelectrical machinery...................... 21 21.322 82.3 82.9 3.0 0.4 0.1 0.1 0.7

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 1.631 139.3 142.1 3.6 -0.2 0.4 0.1 2.0

Automotive vehicles, parts & engines..... 3 12.759 113.9 114.0 2.3 0.4 0.2 0.1 0.1

Consumer goods, excluding

automotives.................................. 4 26.061 109.4 110.0 2.8 0.1 0.3 0.5 0.5

Nondurables, manufactured................. 40 13.294 124.9 125.3 1.2 0.0 0.1 0.2 0.3

Durables, manufactured...................... 41 12.036 94.3 95.0 4.1 0.3 0.2 0.5 0.7

Nonmanufactured consumer goods. . . . . . .. 42 0.731 126.1 129.6 10.2 -0.2 2.5 1.9 2.8

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2021 to

January 2022

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

All commodities................................... 100.000 144.1 148.3 15.1 1.9 0.7 -1.6 2.9

Agricultural commodities....................... 12.181 231.2 238.1 18.0 1.1 1.1 0.7 3.0

All exports excluding food and fuels (Dec.

2010=100)........................................ 71.788 111.8 112.6 7.4 0.5 0.5 0.4 0.7

Nonagricultural commodities.................. 87.819 137.5 141.5 14.7 2.0 0.6 -1.9 2.9

Foods, feeds, & beverages................... 0 11.101 233.2 240.7 17.3 0.9 0.5 0.3 3.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 10.607 233.4 241.2 17.4 0.9 0.6 0.4 3.3

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.493 232.8 235.6 14.2 1.9 0.1 -1.0 1.2

Industrial supplies & materials.............. 1 41.093 199.8 210.5 32.6 4.1 1.3 -4.7 5.4

Industrial supplies & materials, durable. . .. 11.013 214.2 217.6 10.0 0.0 2.0 -0.6 1.6

Industrial supplies & materials,

nondurable.................................. 30.081 192.0 204.9 43.6 5.7 1.0 -6.2 6.7

Agricultural industrial supplies &

materials..................................... 10 1.545 225.2 227.0 22.0 2.4 4.9 2.5 0.8

Nonagricultural industrial supplies &

materials..................................... 39.548 199.0 210.0 33.0 4.2 1.2 -4.9 5.5

Fuels & lubricants............................. 11 17.112 229.1 255.9 62.9 9.4 1.7 -11.3 11.7

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 21.518 201.9 203.6 16.4 0.5 0.7 0.0 0.8

Selected building materials.................. 13 0.918 155.9 157.9 14.4 1.0 -0.2 -0.2 1.3

Capital goods................................... 2 29.428 115.4 116.2 4.0 0.3 0.3 0.3 0.7

Electrical generating equipment............. 20 3.269 128.1 129.5 7.9 1.9 0.6 0.5 1.1

Nonelectrical machinery...................... 21 21.342 97.6 98.2 3.7 0.3 0.2 0.2 0.6

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 4.816 192.5 194.2 3.4 0.2 0.1 0.4 0.9

Automotive vehicles, parts & engines..... 3 7.714 116.7 117.1 1.9 0.4 0.2 0.1 0.3

Consumer goods, excluding

automotives.................................. 4 10.665 113.6 114.7 4.5 0.3 0.5 0.6 1.0

Nondurables, manufactured................. 40 5.757 110.0 110.6 2.6 0.4 0.3 0.1 0.5

Durables, manufactured...................... 41 4.047 110.6 111.7 3.7 0.3 0.3 0.9 1.0

Nonmanufactured consumer goods (Dec.

2018=100)................................... 42 0.860 107.4 111.2 17.7 -0.4 2.2 2.7 3.5

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected industries: January 2021 to January 2022

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Nonmanufacturing................................ 8.822 141.2 156.8 51.9 9.5 1.7 -7.7 11.0

Agriculture, forestry, fishing and

hunting........................................ 11 2.208 202.8 219.0 24.1 -0.9 0.2 0.8 8.0

Crop production............................... 111 1.813 214.3 234.9 26.1 -1.1 0.4 1.2 9.6

Mining............................................ 21 6.614 137.9 154.5 62.5 12.7 2.0 -9.9 12.0

Oil and gas extraction........................ 211 6.339 136.5 153.8 63.3 13.0 2.1 -10.6 12.7

Manufacturing..................................... 90.781 120.3 121.8 7.8 0.8 0.7 0.3 1.2

Manufacturing, part 1......................... 31 11.337 134.7 136.3 7.7 0.6 0.4 0.3 1.2

Food manufacturing.......................... 311 4.146 178.4 181.9 15.2 2.0 0.0 0.0 2.0

Beverage and tobacco product

manufacturing............................... 312 1.111 132.8 132.4 2.8 0.1 0.1 -0.1 -0.3

Textile mills (Dec. 2011=100)............... 313 0.405 121.2 124.0 22.4 0.1 5.5 5.1 2.3

Textile product mills.......................... 314 1.536 112.0 112.5 5.3 -0.6 0.5 0.5 0.4

Apparel manufacturing....................... 315 2.927 114.6 115.8 2.7 0.0 0.4 0.3 1.0

Leather and allied product

manufacturing............................... 316 1.212 128.6 129.3 4.7 0.1 0.2 0.5 0.5

Manufacturing, part 2......................... 32 20.728 144.9 148.5 17.2 2.8 1.5 0.7 2.5

Wood product manufacturing (Dec.

2019=100)................................... 321 1.211 168.3 212.9 22.1 12.0 3.1 13.2 26.5

Paper manufacturing......................... 322 0.964 115.8 116.7 9.3 0.2 -2.8 0.0 0.8

Petroleum and coal products

manufacturing............................... 324 2.439 125.2 128.0 56.5 7.0 4.2 -3.5 2.2

Chemical manufacturing..................... 325 12.486 156.7 158.3 13.7 1.9 1.2 0.8 1.0

Plastics and rubber products

manufacturing............................... 326 2.516 129.0 129.4 5.1 0.3 0.5 0.2 0.3

Nonmetallic mineral product

manufacturing............................... 327 0.941 138.1 138.6 5.3 1.0 0.7 0.9 0.4

Manufacturing, part 3......................... 33 58.715 110.2 111.1 4.8 0.1 0.5 0.3 0.8

Primary metal manufacturing................ 331 7.130 230.2 234.6 19.0 -1.7 2.3 -0.3 1.9

Fabricated metal product manufacturing... 332 3.203 145.8 147.0 14.3 0.5 1.1 0.6 0.8

Machinery manufacturing.................... 333 6.863 123.8 125.1 3.7 0.5 0.2 0.1 1.1

Computer and electronic product

manufacturing............................... 334 16.218 73.1 73.5 2.5 0.1 0.1 -0.3 0.5

Electrical equipment, appliance, and

component manufacturing................. 335 5.350 122.7 125.0 6.3 1.0 0.4 0.8 1.9

Transportation equipment manufacturing... 336 13.246 112.9 113.2 2.2 0.3 0.2 0.1 0.3

Furniture and related product

manufacturing............................... 337 1.824 123.3 123.6 6.6 1.1 0.5 1.8 0.2

Miscellaneous manufacturing............... 339 4.882 122.5 123.5 1.9 -0.1 0.6 1.2 0.8

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected industries: January 2021 to January 2022

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Nonmanufacturing................................ 17.687 182.5 198.6 45.5 6.7 2.1 -7.5 8.8

Agriculture, forestry, fishing and

hunting........................................ 11 6.590 205.2 214.3 19.1 0.3 2.2 1.2 4.4

Crop production............................... 111 6.204 216.3 226.5 19.0 0.2 2.5 1.3 4.7

Mining............................................ 21 11.098 113.0 125.9 66.3 10.4 2.0 -12.0 11.4

Oil and gas extraction (Dec. 2021=100). .. 211 9.587 100.0 114.1 – – – – 14.1

Mining (except oil and gas).................. 212 1.510 160.2 150.7 56.5 6.1 21.8 1.0 -5.9

Manufacturing..................................... 80.289 128.4 130.7 10.7 1.1 0.4 -0.5 1.8

Manufacturing, part 1......................... 31 7.107 165.4 168.0 14.8 1.1 0.1 0.1 1.6

Food manufacturing.......................... 311 5.363 194.3 197.1 19.4 1.7 0.1 -0.3 1.4

Beverage and tobacco product

manufacturing............................... 312 0.552 137.0 137.5 0.4 -0.6 1.6 1.3 0.4

Manufacturing, part 2......................... 32 26.089 133.0 137.2 23.3 3.1 0.4 -2.2 3.2

Wood product manufacturing (Dec.

2017=100)................................... 321 0.533 136.2 137.0 21.9 0.4 0.1 0.0 0.6

Paper manufacturing......................... 322 1.562 137.0 139.1 15.4 1.2 -0.4 0.3 1.5

Petroleum and coal products

manufacturing............................... 324 6.197 127.6 142.4 56.1 9.2 1.6 -9.5 11.6

Chemical manufacturing..................... 325 14.853 139.7 140.5 16.5 1.1 0.1 0.4 0.6

Plastics and rubber products

manufacturing............................... 326 2.104 126.6 126.8 9.0 1.6 0.6 0.6 0.2

Nonmetallic mineral product

manufacturing............................... 327 0.678 120.3 121.0 -1.5 -0.4 -1.6 -1.2 0.6

Manufacturing, part 3......................... 33 47.093 122.5 123.8 4.7 0.2 0.4 0.3 1.1

Primary metal manufacturing................ 331 4.455 212.2 217.5 12.0 -1.5 1.9 -0.6 2.5

Fabricated metal product manufacturing... 332 2.537 161.4 166.2 8.3 0.1 0.8 0.7 3.0

Machinery manufacturing.................... 333 8.290 136.4 137.6 5.3 0.7 0.4 0.4 0.9

Computer and electronic product

manufacturing............................... 334 12.482 83.2 83.5 2.5 -0.1 0.0 0.2 0.4

Electrical equipment, appliance, and

component manufacturing................. 335 3.286 125.4 127.3 7.9 1.7 0.9 1.1 1.5

Transportation equipment manufacturing... 336 11.546 133.9 134.8 2.7 0.3 0.1 0.2 0.7

Miscellaneous manufacturing............... 339 4.175 125.1 126.5 5.7 -0.3 0.6 0.8 1.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2021 to

January 2022

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Live animals; animal products................. I 1.556 230.8 232.7 17.4 1.8 -0.8 -0.4 0.8

Meat and edible meat offal..................... 02 0.471 337.9 336.1 21.2 5.7 -4.9 -1.5 -0.5

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.798 160.6 165.3 20.0 0.5 0.9 -0.2 2.9

Vegetable products............................... II 2.182 232.8 257.8 24.7 -1.1 0.5 0.8 10.7

Edible vegetables, roots, and tubers.......... 07 0.405 389.2 492.4 13.7 -0.1 -2.5 -5.7 26.5

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.827 120.9 130.4 25.9 -3.2 -3.3 5.1 7.9

Coffee, tea, mate and spices.................. 09 0.435 297.8 302.3 35.9 1.8 6.5 2.9 1.5

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.439 148.3 147.8 37.6 2.1 -1.1 0.0 -0.3

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.221 181.0 182.7 7.5 0.9 0.8 0.2 0.9

Sugars and sugar confectionary (Dec.

2021=100)..................................... 17 0.210 100.0 102.5 – – – – 2.5

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.202 99.8 102.1 2.9 -0.4 0.5 -0.6 2.3

Beverages, spirits, and vinegar................ 22 1.092 146.4 146.0 3.6 0.2 0.8 -0.5 -0.3

Mineral products.................................. V 9.214 277.1 303.1 61.8 11.5 2.3 -7.9 9.4

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 8.837 270.3 296.7 62.0 11.8 2.4 -8.3 9.8

Products of the chemical or allied

industries........................................ VI 11.621 174.9 176.2 12.4 1.4 1.2 1.2 0.7

Inorganic chemicals............................. 28 0.744 508.4 520.5 82.1 0.5 9.5 9.4 2.4

Organic chemicals............................... 29 2.705 147.4 149.9 17.3 1.5 1.0 1.1 1.7

Pharmaceutical products....................... 30 5.532 151.0 150.1 -1.6 -0.2 0.0 0.1 -0.6

Miscellaneous chemical products............. 38 0.839 116.1 116.6 8.0 0.1 0.3 1.0 0.4

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.892 158.9 160.0 6.8 0.5 0.5 0.5 0.7

Plastics and articles thereof.................... 39 2.737 164.1 165.5 11.4 0.7 0.7 0.4 0.9

Rubber and articles thereof.................... 40 1.155 151.3 151.8 -1.7 0.1 0.2 0.8 0.3

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.424 139.5 140.7 7.2 0.2 0.4 0.8 0.9

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.245 246.8 313.4 24.6 12.0 3.2 12.8 27.0

Wood and articles of wood; wood charcoal

(Dec. 2019=100).............................. 44 1.222 172.3 219.7 25.0 12.4 3.3 13.1 27.5

Woodpulp, recovered paper, and paper

products......................................... X 0.938 121.1 122.2 9.2 -0.2 -3.1 0.3 0.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.606 108.2 112.3 7.6 0.4 -2.6 0.0 3.8

Textile and textile articles....................... XI 4.707 118.5 119.8 4.7 -0.2 0.8 0.7 1.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.299 123.6 123.9 1.5 -0.1 0.3 0.2 0.2

Made-up or worn textile articles............... 63 1.271 106.4 106.9 6.9 0.0 0.5 0.4 0.5

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.058 127.5 127.9 3.6 0.2 -0.1 0.5 0.3

Footwear and parts of such articles........... 64 0.876 125.8 126.2 3.7 0.1 0.2 0.5 0.3

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.813 132.0 132.1 -0.1 0.1 0.2 0.0 0.1

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2021 to

January 2022 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2020=100).................... 68 0.300 99.3 99.4 -0.8 0.2 0.5 0.1 0.1

Glass and glassware (Dec. 2021=100)....... 70 0.281 100.0 99.7 – – – – -0.3

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.631 226.5 230.6 -2.5 -5.2 2.8 -0.3 1.8

Base metals and articles of base metals. . .. XV 6.063 233.1 238.4 28.0 1.6 1.9 1.1 2.3

Iron and steel.................................... 72 1.163 312.1 312.4 34.7 1.0 2.7 1.3 0.1

Articles of iron or steel.......................... 73 1.830 193.6 200.4 33.8 2.1 2.3 1.1 3.5

Copper and articles thereof.................... 74 0.528 405.8 415.5 20.4 -2.2 1.8 -0.7 2.4

Aluminum and articles thereof................. 76 1.119 192.8 198.1 30.1 3.2 0.3 1.2 2.7

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.422 127.0 126.9 3.3 0.1 0.6 -0.1 -0.1

Miscellaneous articles of base metal. . . . . . . .. 83 0.529 145.5 147.2 8.3 1.1 0.7 0.1 1.2

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.665 81.2 81.8 3.3 0.2 0.2 0.0 0.7

Machinery and mechanical appliances;

parts thereof................................... 84 14.699 87.4 88.2 3.6 0.2 0.2 0.0 0.9

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 13.967 75.4 75.8 3.0 0.3 0.1 0.1 0.5

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 11.169 117.4 117.5 1.9 0.3 0.2 0.2 0.1

Motor vehicles and their parts................. 87 10.372 116.7 116.7 1.8 0.4 0.1 0.2 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2020=100)..................................... 88 0.703 101.2 102.1 2.2 -0.6 0.9 0.1 0.9

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.787 102.2 103.1 0.6 0.3 -0.3 0.1 0.9

Optical, photographic, measuring and

medical instruments.......................... 90 3.568 98.1 98.9 0.3 0.2 -0.3 0.0 0.8

Miscellaneous manufactured articles......... XX 4.257 115.8 116.1 4.5 0.5 0.4 1.0 0.3

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.587 123.9 124.3 5.9 0.8 0.5 1.4 0.3

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.412 102.7 102.8 2.1 0.1 0.3 0.2 0.1

Miscellaneous manufactured articles. . . . . . . .. 96 0.258 130.4 131.8 3.4 0.1 -0.7 1.2 1.1

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2021 to

January 2022

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Live animals; animal products................. I 2.421 276.5 277.4 28.0 1.7 0.4 -0.5 0.3

Meat & edible meat offal (Dec. 2006=100)... 02 1.555 227.4 226.7 30.1 1.1 0.9 -1.6 -0.3

Vegetable products............................... II 6.019 261.5 274.8 15.6 -0.4 1.5 1.2 5.1

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.049 149.8 148.1 9.4 -0.7 1.3 0.6 -1.1

Cereals............................................ 10 1.885 302.9 308.8 26.8 3.0 4.3 1.2 1.9

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 2.538 263.0 288.2 7.4 -2.7 -0.3 1.7 9.6

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.997 171.3 175.5 7.7 1.0 0.4 -0.2 2.5

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.599 103.4 105.2 4.2 -0.2 -0.2 0.1 1.7

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.499 110.0 109.9 0.3 0.0 -0.1 -0.2 -0.1

Residues and waste from the food

industries; prepared animal feed............ 23 0.884 290.8 306.5 14.6 2.7 1.7 -0.2 5.4

Mineral products.................................. V 17.334 278.5 310.5 62.7 9.8 2.0 -10.7 11.5

Ores, slag and ash (Dec. 2012=100)......... 26 0.621 143.6 143.4 28.2 6.5 7.7 -1.6 -0.1

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 16.543 265.9 297.9 64.7 10.1 1.8 -11.2 12.0

Products of the chemical or allied

industries........................................ VI 11.884 158.1 159.8 14.1 1.0 1.2 0.3 1.1

Organic chemicals............................... 29 2.827 186.7 184.9 19.4 2.1 1.5 -0.2 -1.0

Pharmaceutical products....................... 30 3.372 108.5 108.8 0.6 0.2 0.3 -0.1 0.3

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.824 137.1 140.7 8.4 0.5 0.5 0.0 2.6

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.452 131.1 131.2 5.0 0.0 3.8 -0.3 0.1

Miscellaneous chemical products............. 38 2.290 184.3 189.5 22.1 0.4 0.5 -0.5 2.8

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.564 175.6 173.7 17.0 1.4 -1.6 1.0 -1.1

Plastics and articles thereof.................... 39 4.804 176.4 174.3 18.7 1.4 -2.0 1.1 -1.2

Rubber and articles thereof.................... 40 0.760 165.0 164.7 8.5 1.7 0.2 0.2 -0.2

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.636 130.6 131.6 19.1 0.0 0.1 0.2 0.8

Woodpulp, recovered paper, and paper

products......................................... X 1.850 144.2 145.1 13.6 0.5 -1.8 -0.1 0.6

Woodpulp and recovered paper (Dec.

2019=100)..................................... 47 0.689 166.3 163.2 27.0 -1.2 -5.7 -0.6 -1.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.940 135.1 138.8 10.9 2.1 0.8 0.1 2.7

Textile and textile articles....................... XI 1.702 142.2 146.4 19.8 1.7 3.0 1.6 3.0

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.726 174.2 182.3 43.8 4.8 8.5 2.8 4.6

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.649 130.9 132.6 -1.6 -0.5 -0.5 -0.5 1.3

Glass and glassware (Dec. 2019=100)....... 70 0.386 98.9 98.9 -0.2 -0.8 0.2 -0.1 0.0

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.036 310.1 310.5 -1.1 -3.8 1.0 0.4 0.1

Base metals and articles of base metals. . .. XV 4.767 209.0 216.8 17.8 1.6 3.4 -1.3 3.7

Iron and steel (Dec. 2020=100)............... 72 1.371 168.8 176.5 32.6 2.1 6.1 0.4 4.6

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2021 to

January 2022 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Copper and articles thereof.................... 74 0.595 269.1 282.7 23.4 -0.4 1.5 -1.5 5.1

Aluminum and articles thereof................. 76 0.844 148.4 152.6 18.4 5.0 7.7 -8.5 2.8

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 24.404 101.1 101.8 3.9 0.3 0.3 0.4 0.7

Machinery and mechanical appliances;

parts thereof................................... 84 14.037 120.5 121.6 4.6 0.3 0.3 0.3 0.9

Electrical machinery and equipment and

parts and accessories thereof............... 85 10.366 80.3 80.7 2.9 0.3 0.3 0.5 0.5

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 8.545 142.7 143.5 3.2 0.5 0.1 0.2 0.6

Motor vehicles and their parts................. 87 6.421 120.0 120.6 3.0 0.6 0.2 0.1 0.5

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.383 111.8 111.8 1.4 0.1 0.0 0.2 0.0

Miscellaneous manufactured articles......... XX 1.094 121.5 123.9 7.2 0.1 0.9 0.3 2.0

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.588 142.2 143.3 4.5 0.1 1.3 0.8 0.8

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.356 94.4 99.0 12.6 0.0 0.4 0.0 4.9

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: January 2021 to January 2022

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Industrialized Countries2

.................... 100.000 141.4 145.6 11.6 2.0 1.0 -0.9 3.0

Nonmanufacturing........................... 11.738 247.7 276.6 63.8 12.0 3.6 -10.3 11.7

Manufacturing................................ 87.220 132.3 134.9 6.9 0.8 0.6 0.3 2.0

Canada.......................................... 100.000 173.3 184.4 26.6 5.8 2.0 -3.1 6.4

Nonmanufacturing........................... 31.922 244.6 275.0 66.4 12.6 3.8 -11.0 12.4

Manufacturing................................ 66.626 156.9 163.0 14.4 3.0 1.0 0.4 3.9

European Union............................... 100.000 146.8 147.9 4.9 -0.3 0.2 0.1 0.7

Manufacturing................................ 98.719 142.3 143.3 4.5 -0.4 0.2 0.0 0.7

France (Dec. 2003=100)...................... 100.000 137.3 137.9 6.2 0.3 0.4 -0.2 0.4

Germany (Dec. 2003=100)................... 100.000 119.0 122.2 5.2 0.0 0.5 0.0 2.7

United Kingdom (Dec. 2003=100).......... 100.000 131.5 133.5 6.4 0.0 0.7 0.8 1.5

Latin America3

................................. 100.000 161.8 166.1 12.9 1.9 0.6 -0.5 2.7

Nonmanufacturing........................... 15.451 299.5 329.7 41.6 7.1 0.2 -5.2 10.1

Manufacturing................................ 84.266 131.4 133.2 8.8 1.0 0.7 0.3 1.4

Mexico (Dec. 2003=100)...................... 100.000 135.8 139.0 8.4 0.9 0.5 -0.7 2.4

Nonmanufacturing (Dec. 2008=100). . . . .. 9.335 145.7 168.3 40.4 3.0 -1.2 -9.3 15.5

Manufacturing (Dec. 2008=100)........... 90.388 93.5 94.4 5.8 0.7 0.6 0.1 1.0

Pacific Rim (Dec. 2003=100)4............... 100.000 103.0 103.8 5.2 0.5 0.3 0.5 0.8

China (Dec. 2003=100)....................... 100.000 103.4 103.9 4.8 0.3 0.2 0.7 0.5

Japan............................................ 100.000 99.0 99.2 1.7 0.0 0.1 0.0 0.2

Taiwan (Dec. 2018=100)...................... 100.000 107.1 109.1 10.3 1.4 0.8 0.4 1.9

Asian NICs5

..................................... 100.000 94.7 96.3 10.4 0.7 0.9 -0.2 1.7

ASEAN (Dec. 2003=100)6

.................... 100.000 101.8 102.3 3.1 0.5 0.3 0.3 0.5

Asia Near East (Dec. 2003=100)7

........... 100.000 211.0 224.1 32.5 5.1 -1.0 -1.3 6.2

1 Relative importance figures are based on 2020 trade values.

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

3 Mexico, Central America, South America, and the Caribbean.

4 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized

Countries.

5 Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.

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

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

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

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. export price indexes and percent changes by locality of destination: January 2021 to January

2022

[December 2017=100, unless otherwise noted]

Description

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Industrialized Countries2

.................... 100.000 114.5 117.4 11.0 1.6 0.7 -1.0 2.5

Nonmanufacturing........................... 14.497 135.4 148.1 39.1 8.3 1.9 -6.2 9.4

Manufacturing................................ 83.811 112.2 113.8 7.8 0.8 0.5 -0.2 1.4

Canada.......................................... 100.000 118.8 123.4 14.6 1.4 0.4 -1.2 3.9

Nonmanufacturing (Dec. 2020=100). . . . .. 11.007 136.9 150.4 35.9 8.9 -0.2 -7.1 9.9

Manufacturing (Dec. 2020=100)........... 87.746 110.6 114.1 12.6 0.7 0.5 -0.5 3.2

European Union............................... 100.000 113.0 116.6 9.9 1.7 0.5 -0.9 3.2

Nonmanufacturing........................... 18.362 134.9 146.9 46.9 7.8 2.0 -4.4 8.9

Manufacturing................................ 79.948 109.2 111.2 4.8 0.8 0.2 -0.1 1.8

Germany........................................ 100.000 107.3 109.5 0.9 0.1 -0.1 0.0 2.1

Latin America3

................................. 100.000 121.5 127.5 24.0 2.7 0.9 -2.5 4.9

Nonmanufacturing........................... 12.693 186.0 201.8 54.6 5.6 6.4 -3.7 8.5

Manufacturing................................ 86.811 116.2 121.3 20.6 2.3 0.3 -2.4 4.4

Mexico........................................... 100.000 121.5 125.5 22.4 2.2 0.4 -3.0 3.3

Nonmanufacturing........................... 9.679 154.5 158.5 27.0 9.3 -0.7 -14.6 2.6

Manufacturing................................ 89.900 119.3 123.3 22.1 1.5 0.5 -1.7 3.4

Pacific Rim4.................................... 100.000 114.0 115.9 12.4 1.1 1.2 -1.0 1.7

Nonmanufacturing........................... 25.324 135.0 139.9 38.2 4.2 5.3 -2.5 3.6

Manufacturing................................ 72.383 109.0 110.0 7.0 0.5 0.5 -0.6 0.9

China............................................ 100.000 110.5 112.9 11.8 0.8 1.1 -1.2 2.2

Nonmanufacturing........................... 32.421 116.6 122.2 20.0 1.7 4.1 -1.2 4.8

Manufacturing................................ 65.918 110.2 111.0 8.7 0.6 0.5 -1.1 0.7

Japan............................................ 100.000 113.1 118.0 13.2 1.0 1.1 -1.7 4.3

Nonmanufacturing........................... 28.023 133.1 148.8 41.8 6.1 3.4 -3.8 11.8

Manufacturing................................ 70.552 106.9 108.3 5.8 0.0 0.4 -0.9 1.3

1 Relative importance figures are based on 2020 trade values.

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

3 Mexico, Central America, South America, and the Caribbean.

4 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized

Countries.

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

Regions are not mutually exclusive.

Dash = Not available

14
Table 9. U.S. terms of trade indexes and percent changes by locality: January 2021 to January 20221

[December 2017=100, unless otherwise noted]

Description

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Industrialized Countries2

............................ 99.1 98.7 -0.5 -0.5 -0.2 -0.1 -0.4

Canada.................................................. 90.1 87.9 -9.6 -4.2 -1.4 1.9 -2.4

European Union...................................... 103.6 106.1 4.7 2.1 0.3 -1.0 2.4

Germany................................................ 103.8 103.1 -4.1 0.1 -0.6 0.0 -0.7

Latin America3

........................................ 111.8 114.3 9.8 0.9 0.3 -2.0 2.2

Mexico.................................................. 115.4 116.5 13.0 1.3 -0.1 -2.3 1.0

Pacific Rim4............................................ 108.9 109.9 6.9 0.6 0.9 -1.5 0.9

China.................................................... 107.0 108.8 6.7 0.6 0.9 -1.8 1.7

Japan.................................................... 109.1 113.6 11.3 1.0 1.0 -1.7 4.1

1 Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.

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

3 Mexico, Central America, South America, and the Caribbean.

4 China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized

Countries.

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

Regions are not mutually exclusive.

Dash = Not available

15
Table 10. U.S. international price indexes and percent changes for selected transportation services: January

2021 to January 2022

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20211

Index Percent change

Dec.

2021

Jan.

2022

Annual Monthly

Jan.

2021 to

Jan.

2022

Sep.

2021 to

Oct.

2021

Oct.

2021 to

Nov.

2021

Nov.

2021 to

Dec.

2021

Dec.

2021 to

Jan.

2022

Air Freight

Import Air Freight.................................... 100.000 355.6 383.2 26.8 4.6 13.9 -12.8 7.8

Europe (Dec. 2003=100).......................... 25.572 300.3 301.9 21.7 2.8 17.1 -0.1 0.5

Asia.................................................. 74.428 352.5 388.5 24.5 4.8 12.9 -17.0 10.2

Export Air Freight................................... 100.000 182.7 187.8 11.1 1.5 0.0 4.7 2.8

Europe (Dec. 2006=100).......................... 29.629 158.1 161.1 10.3 1.0 -1.6 7.1 1.9

Asia (Dec. 2011=100).............................. 49.162 140.5 141.5 14.9 2.0 0.8 7.4 0.7

Inbound Air Freight................................. 100.000 274.3 295.4 23.0 4.2 7.9 -5.0 7.7

Europe (Dec. 2003=100).......................... 23.765 201.8 206.9 16.2 2.0 13.9 -0.4 2.5

Asia.................................................. 70.756 282.0 308.8 24.3 4.6 7.3 -6.4 9.5

Outbound Air Freight............................... 100.000 211.6 226.2 49.6 1.4 31.6 5.6 6.9

Europe (Dec. 2003=100).......................... 26.650 180.2 179.3 11.6 0.5 -2.9 10.1 -0.5

Asia.................................................. 58.097 253.1 277.4 91.7 2.5 70.8 5.6 9.6

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 174.7 140.8 -5.2 -1.4 0.2 5.1 -19.4

Europe............................................... 34.087 172.4 161.3 22.3 2.0 1.4 -6.0 -6.4

Asia.................................................. 19.056 170.8 131.2 -30.9 -2.3 -4.0 12.4 -23.2

Latin America/Caribbean.......................... 14.349 161.0 106.0 6.3 0.9 5.7 33.1 -34.2

Export Air Passenger Fares....................... 100.000 171.5 184.7 8.4 -2.3 0.9 2.3 7.7

Europe............................................... 26.772 205.3 204.9 9.4 -0.7 0.7 1.1 -0.2

Asia.................................................. 23.823 188.2 208.4 2.7 -3.4 -0.5 3.9 10.7

Latin America/Caribbean.......................... 29.578 153.6 182.2 17.1 -1.5 -0.1 6.7 18.6

1 Relative importance figures are based on 2020 trade values.

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

Dash = Not available

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TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the 

weights. Published series use a base year of 2000=100 where possible. More detailed index series and 

additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101. 

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

classification systems. Items are classified by end use according to the Bureau of Economic Analysis 

Classification System, by industry according to the North American Industry Classification System 

(NAICS), and by product category according to the Harmonized System (HS). While classification by 

end use and product category are self-explanatory, some notes are in order for classifying items by 

industry. In the NAICS imports and exports tables, items are classified by output industry, not input 

industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) 

includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS 

classification structure also matches the classification system used by the Producer Price Index (PPI) to 

produce the NAICS primary products indexes.

Import Price Goods Indexes - Items are 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 Goods Indexes - Items are classified by the Harmonized Schedule B classification system 

of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) 

factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual 

industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of 

Agriculture. 

Services Price Indexes - Indexes for import and export air passenger fares calculate changes in the 

average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 

foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 

sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 

the import and export air passenger fares indexes. Import air passenger fares data have used the airline 

consulting service source since September 2008. Before April 2018, the export air passenger fares data 

were collected directly by BLS from U.S. airlines. The air freight indexes are calculated from data 

collected directly from airlines. These data exclude mail and passenger baggage. The scope of the 

service being priced is the movement of freight from airport to airport only, and does not include any 

ground transportation or port service. The air freight indexes are presented using two definitions: 

balance of payments (which represents transactions between U.S. and foreign residents) and 

international (which represents transactions inbound to and outbound from the United States.) Fact 

sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 

under "MXP Publications." 
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Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data 

collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 

beginning with January 2002, are based on the North American Industry Classification System (NAICS) 

covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 

manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 

collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 

based on the North American Industry Classification System (NAICS) covering goods-producing 

industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are 

defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 

import prices for a specific country, region, or grouping. The indexes are calculated as one country, 

region, or grouping’s all-export goods price index divided by the corresponding all-import goods price 

index on a scale of 100. 

 

Relative Importance - A relative importance is a specific index’s price-updated value share (expressed 

as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 

affected by the trade weights at the point indexes are reweighted and index changes relative to other 

indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 

relative importance will increase as well. 

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

may be revised in each of the 3 months after original publication. After 3 months, no further data 

revisions take place. For example, data first published in the January release will be subject to revision 

in the releases for February, March, and April. 

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 

percent changes are then derived from the rounded index values and subsequently rounded to the tenth 

decimal place. 

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

sector of the National Income and Product Accounts (NIPA) constructed by the Department of 

Commerce. Other published indexes are useful for general market analysis. For trade in international 

services, balance of payments indexes are used for deflating NIPA, while international indexes are more 

appropriate for market analysis. 

Email Subscription - The U.S. import and export price indexes news release is available through an 

email subscription service at www.bls.gov/bls/list.htm. 

 

Additional Information - More detailed data are available on the Import/Export Price Indexes home 

page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 

mxpinfo@bls.gov. 

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access 

telecommunications relay services.