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                   U.S. IMPORT AND EXPORT PRICE INDEXES
                             - DECEMBER 2006 -

     The U.S. Import Price Index increased 1.1 percent in December, the 
Bureau of Labor Statistics of the U.S. Department of Labor reported today.  
The advance followed a 0.5 percent rise in November and was led by a 4.8 
percent upturn in petroleum prices.  Export prices rose 0.7 percent in 
December, after increasing 0.4 percent the previous month.   
        
  
           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

2005
December            0.0      -0.3       0.0       0.1      -0.5        0.2

2006
January             1.2       5.8       0.3       0.7       0.6        0.7
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 r     0.1      -0.4      -0.5 r     -0.4
October            -2.6 r   -10.8 r    -0.6 r    -0.3       0.9 r     -0.4 r
November            0.5 r    -1.2 r     0.9 r     0.4       4.4        0.1
December            1.1       4.8       0.4       0.7       2.2        0.5

December 2004-05    8.0      42.4       2.4       2.8       4.9        2.6
December 2005-06    2.5       6.2       1.7       4.6      13.2        3.8

r = revised to reflect late reports and corrections by respondents.


Import Goods
        
     Import prices rose for the second consecutive month in December and 
the 1.1 percent increase was the largest monthly advance since May.  The price 
index for overall imports also increased for the fifth straight year in 2006, 
advancing 2.5 percent after more substantial increases of 8.0 percent and 6.7 
percent in 2005 and 2004, respectively.
        
     A 4.8 percent increase in petroleum prices was the largest contributor 
to the overall December rise.  Petroleum prices resumed their upward trend 
after declining 21.5 percent for the three-month period ended in November.  
The index rose 6.2 percent overall in 2006, the fifth consecutive year the index 
advanced, but the smallest annual increase over that period.    
        
     Nonpetroleum prices increased 0.4 percent in December after a 0.9 
percent advance the previous month.  Prices for nonpetroleum imports rose 1.7 
percent over the past 12 months after advancing 2.4 percent and 3.7 percent in 
2005 and 2004, respectively.  The December increase in nonpetroleum prices 
was driven by a 1.5 percent rise in nonpetroleum industrial supplies and 
materials prices.  That advance in turn was led by higher prices for natural gas, 
up for the second consecutive month, metals and chemicals prices.  The price 
index for nonpetroleum industrial supplies and materials increased 4.5 percent 
over the past year.  

     The price indexes for consumer goods, capital goods, and foods, feeds, 
and beverages also contributed to the higher prices for nonpetroleum imports 
in December.  Consumer goods prices rose 0.2 percent in December and 1.2 
percent for the year ended in December.  Prices for capital goods edged up 0.1 
percent after remaining unchanged over the previous four months.  Overall, the 
index increased a modest 0.4 percent in 2006.  Foods, feeds, and beverages 
prices rose 0.6 percent for the month and 4.1 percent for the December 2005-
2006 period.  
        
     In contrast, prices for automotive vehicles decreased 0.1 percent in 
December, the first downturn for the index since a 0.2 percent drop in January.  
Despite the December decline, automotive vehicle prices rose 0.6 percent over 
the past 12 months.


Export Goods 

     Export prices increased 0.7 percent in December as higher prices for 
both agricultural and nonagricultural exports contributed to the rise.  The 
advance in the prices for overall exports followed a 0.4 percent rise in 
November and was the largest monthly gain since a similar 0.7 percent 
increase in June.  Prices for overall exports rose 4.6 percent in 2006, the largest 
annual increase for the index since a 6.2 percent jump in 1988.  The 2006 rise 
followed a 2.8 percent advance the previous year. 
        
     Both the December and annual increases in overall export prices were 
partly driven by higher prices for agricultural exports, which rose 2.2 percent 
in December, led primarily by higher corn prices.  The price index for export 
corn increased 5.2 percent in December after a 20.7 percent jump in 
November.  For the year ended in December, agricultural prices rose 13.2 
percent compared to a 4.9 percent increase in 2005.       
           
     Nonagricultural prices also increased in December, rising 0.5 percent.  
The index rose 3.8 percent over the past 12 months.  A 1.6 percent advance in 
nonagricultural industrial supplies and materials prices led the December 
increase.  Higher prices for fuels, metals, and selected building materials all 
contributed to that advance.  For the year ended in December, nonagricultural 
industrial supplies and materials prices rose 9.8 percent.
        
     Prices for each of the major finished goods areas also increased in 
December.  Capital goods prices ticked up 0.1 percent, the fourth consecutive 
monthly advance.  The index rose 1.2 percent over the past 12 months.  
Automotive vehicle prices increased 0.3 percent, the largest one-month 
advance since October 2005.  Prices for automotive vehicles rose 1.5 percent 
for the year ended in December.  The price index for consumer goods 
advanced 0.1 percent for the month and 2.1 percent over 2006. 


                 Summary of December-to-December Percent Changes

                          1997  1998  1999  2000  2001  2002  2003  2004  2005  2006

All Commodity Imports     -5.2  -6.4   7.0   3.2  -9.1   4.2   2.4   6.7   8.0   2.5
   Excluding Petroleum    -2.8  -3.3   0.0   1.3  -4.5   0.3   1.2   3.7   2.4   1.7
   Petroleum             -25.5 -40.8 137.2  17.6 -39.5  56.9  12.8  30.3  42.4   6.2
All Commodity Exports     -1.2  -3.4   0.5   1.1  -2.5   1.0   2.2   4.0   2.8   4.6
   Excluding Agricultural -1.0  -2.7   1.2   0.9  -2.5   0.4   1.3   5.0   2.6   3.8
   Agricultural           -2.9  -9.3  -6.8   3.1  -1.8   8.0  13.4  -5.9   4.9  13.2


Imports by Locality of Origin 
   
     Import prices from Canada increased 1.6 percent in December after a 3.3 
percent advance in November.  Both increases resulted mostly from higher fuel 
prices and followed declines of 4.5 percent and 2.3 percent in October and 
September, respectively.  Despite the recent increases, prices of imports from 
Canada only rose a modest 0.3 percent for the December 2005-2006 period.  
         
     Prices of imports from the European Union and Mexico also rose in December, 
increasing 0.4 percent and 0.2 percent, respectively.  Higher petroleum prices 
contributed to those increases.  Import prices from the European Union increased 
5.7 percent in 2006, while the price index of imports from Mexico rose 5.2 percent 
over the same period.
          
     Import prices from China and from Japan each increased 0.1 percent in 
December, and both indexes declined 1.1 percent for the year ended in December.  
The December increase in prices from China was the first in four months.  The index 
has not recorded an advance larger than 0.1 percent since October 2005.  Import 
prices from Japan rose for the first time since June.    
         

Import and Export Services

     Import air passenger fares rose 3.3 percent in December after declining in 
each of the four previous months.  In December the increase was led by an 18.1 
percent jump in Asian fares.  Overall, in 2006, import air passenger fares 
increased 7.8 percent.  Export air passenger fares also reversed a recent downturn 
in December, rising 0.9 percent.  The index rose 7.0 percent over the past year.  
   
     Prices for import air freight increased 0.9 percent in December following a 
2.3 percent decrease the previous month.  Higher air freight prices from both 
Europe and Asia, up 1.8 percent and 0.5 percent, respectively, contributed to the 
increase.  Overall import air freight prices rose 1.7 percent for the year ended in 
December.  The price index for export air freight ticked up 0.1 percent in December 
and rose 4.2 percent over the past 12 months.  


                 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
-------------------------------------------------------------------
Import and Export Price Index data for January 2007 are scheduled for release on 
February 15 at 8:30 A.M. (E.S.T.).  


Table  1     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  December 2005-December 2006          2000=100, unless otherwise noted
                                                                                    Index                     Percent Change
                                                                   Relative
                                                                    Import-                      Annual         Monthly
                                                                     ance                         Dec.    Aug.    Sept.   Oct.    Nov.
 END                            Description                                                       2005    2006    2006    2006    2006
 USE                                                               November  November  December    to      to      to      to      to
                                                                     2006      2006      2006     Dec.    Sept.   Oct.    Nov.    Dec.
                                                                      1/                          2006    2006    2006    2006    2006

         ALL COMMODITIES.......................................... 100.000    113.8      115.1     2.5    -2.2    -2.6     0.5     1.1
         ALL IMPORTS EXCLUDING PETROLEUM..........................  82.786    105.1      105.5     1.7     0.1    -0.6     0.9     0.4
         ALL IMPORTS EXCLUDING FUELS
                (Dec. 2001=100)...................................  80.358    107.8      108.0     2.8     0.3    -0.1     0.1     0.2

0          FOODS, FEEDS, & BEVERAGES..............................   4.487    121.6      122.3     4.1     0.2     0.1     0.5     0.6

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.400    132.0      133.3     4.8     0.4     0.3     0.9     1.0

01               Nonagricultural foods (fish, distilled beverages)   1.087     98.1       97.6     1.8     0.0    -0.7    -1.0    -0.5

1          INDUSTRIAL SUPPLIES & MATERIALS........................  35.276    162.1      167.2     5.4    -5.8    -7.0     1.2     3.1
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  18.062    136.2      138.2     4.5     0.5    -3.0     4.0     1.5
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (Dec. 2001=100)...............  15.634    144.3      145.0    11.3     1.0    -0.8     0.6     0.5
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................  10.127    138.4      139.3    14.7     1.5    -1.4     0.4     0.7
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   7.936    132.5      135.9    -5.8    -0.7    -5.3     8.9     2.6

10               Fuels & lubricants...............................  19.643    195.1      205.2     1.4   -10.2   -11.5     1.9     5.2
100                  Petroleum & petroleum products...............  17.215    199.1      208.7     6.2   -11.0   -10.8    -1.2     4.8
10000                        Crude................................  12.555    200.2      210.8     9.0   -10.9   -10.1    -1.8     5.3

11               Paper & paper base stocks........................   0.967    113.4      113.2     6.7     0.2     0.1     0.2    -0.2

12               Materials associated with nondurable
                        supplies & materials......................   4.636    123.2      123.5     4.8     0.3     0.2     1.0     0.2

13               Selected building materials......................   1.940    110.8      110.5    -5.5     0.5    -3.2    -1.2    -0.3

14               Unfinished metals related to durable goods.......   4.824    193.8      195.9    34.4     3.0    -0.9     0.6     1.1

15               Finished metals related to durable goods.........   1.682    128.4      129.3     9.9    -0.4    -1.7     1.7     0.7

16               Nonmetals related to durable goods...............   1.585    101.7      101.8     1.3    -0.2     0.2     0.2     0.1

2          CAPITAL GOODS..........................................  21.560     91.3       91.4     0.4     0.0     0.0     0.0     0.1

20               Electric generating equipment....................   2.603    103.0      103.1     3.8     0.6    -0.1     0.4     0.1

21               Nonelectrical machinery..........................  17.251     87.8       87.8    -0.3    -0.1     0.0     0.0     0.0

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)............   1.707    109.2      109.3     3.0     0.1     0.6     0.2     0.1

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  14.703    104.3      104.2     0.6     0.0     0.2     0.0    -0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  23.974    100.6      100.8     1.2     0.1     0.1     0.0     0.2

40               Nondurables, manufactured........................  11.327    102.9      103.0     0.3     0.0    -0.1     0.0     0.1

41               Durables, manufactured...........................  11.442     98.0       98.2     2.1     0.1     0.1     0.1     0.2

42               Nonmanufactured consumer goods...................   1.205    102.0      102.2     1.0     0.4     1.6    -0.1     0.2


     1   Relative importance figures are based on 2004 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
                  December 2005-December 2006          2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         Dec.    Aug.    Sept.   Oct.    Nov.
 END                             Description                                                         2005    2006    2006    2006    2006
 USE                                                                  November  November  December    to      to      to      to      to
                                                                        2006      2006      2006     Dec.    Sept.   Oct.    Nov.    Dec.
                                                                         1/                          2006    2006    2006    2006    2006

         ALL COMMODITIES............................................. 100.000    111.9      112.7     4.6    -0.4    -0.3     0.4     0.7
         AGRICULTURAL COMMODITIES....................................   8.106    134.0      137.0    13.2    -0.5     0.9     4.4     2.2
         NONAGRICULTURAL COMMODITIES.................................  91.894    110.3      110.9     3.8    -0.4    -0.4     0.1     0.5

0          FOODS, FEEDS, & BEVERAGES.................................   7.344    135.8      138.4    13.5    -0.5     1.1     4.3     1.9

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   6.619    137.5      140.3    15.3    -0.5     1.4     5.0     2.0

01               Nonagricultural foods (fish, distilled beverages)...   0.725    121.8      123.4    -0.2    -0.7    -1.0    -2.4     1.3

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  30.141    137.9      140.1     9.5    -1.2    -1.6     0.4     1.6
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  11.121    146.7      150.3    16.4     0.1    -1.0     0.8     2.5
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  19.019    133.3      134.8     5.8    -1.9    -2.0     0.2     1.1

10               Agricultural industrial supplies & materials........   1.487    119.7      123.3     5.0    -0.6    -0.3     1.7     3.0

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  28.654    139.1      141.3     9.8    -1.3    -1.6     0.4     1.6

11               Fuels & lubricants..................................   4.543    181.4      189.1    15.7    -7.8    -7.1     2.2     4.2

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  22.964    135.5      136.9     8.9     0.2    -0.7     0.1     1.0

13               Selected building materials.........................   1.147    110.4      112.2     5.4    -0.1     0.3     0.1     1.6

2          CAPITAL GOODS.............................................  39.600     98.8       98.9     1.2     0.2     0.2     0.1     0.1

20               Electrical generating equipment.....................   3.862    106.0      106.2     2.5     0.2     0.8     0.1     0.2

21               Nonelectrical machinery.............................  29.114     92.7       92.7     0.2     0.2     0.1     0.0     0.0

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)...............   6.624    118.7      119.2     4.7     0.2     0.3     0.5     0.4

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  10.675    105.2      105.5     1.5     0.1     0.1    -0.1     0.3

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  12.240    103.9      104.0     2.1     0.1    -0.1     0.0     0.1

40               Nondurables, manufactured...........................   5.989    103.5      103.6     2.0     0.1    -0.2    -0.1     0.1

41               Durables, manufactured..............................   5.255    103.1      103.3     1.8     0.2     0.0     0.0     0.2


     1   Relative importance figures are based on 2004 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
                  December 2005-December 2006          December  2005=100, unless otherwise noted
                                                                                         Index                     Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         Dec.    Aug.    Sept.   Oct.    Nov.
NAICS                             Description                                                          2005    2006    2006    2006    2006
                                                                        November  November  December    to      to      to      to      to
                                                                          2006      2006      2006     Dec.    Sept.   Oct.    Nov.    Dec.
                                                                           1/                          2006    2006    2006    2006    2006

         Nonmanufactured Articles......................................  16.660     97.0      102.2     2.2    -8.9   -10.6     2.0     5.4

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   1.498    105.9      107.7     7.7     0.2    -0.8     0.7     1.7
111                  Agricultural products.............................   1.075    104.4      107.9     7.9     1.0     0.2     2.0     3.4

21               OIL, GAS, MINERALS AND ORES...........................  15.162     96.2      101.7     1.7    -9.7   -11.5     2.1     5.7

         Manufactured Articles.........................................  82.696    102.6      103.0     3.0    -0.5    -0.7     0.1     0.4

31               MANUFACTURED GOODS, PART 1............................  10.698    101.4      101.4     1.4     0.0     0.0     0.2     0.0
311                  Food and kindred products.........................   2.570    103.6      103.8     3.8     0.1     0.2     0.3     0.2
312                  Beverages and tobacco products....................   0.835    102.2      102.2     2.2     0.1     0.3     0.1     0.0
313                  Textiles and fabrics..............................   0.531    103.6      103.7     3.7    -0.3     0.3     0.0     0.1
314                  Textile mill products.............................   0.748    100.6      100.6     0.6    -0.1    -0.1     0.0     0.0
315                  Apparel and accessories...........................   4.500    100.0      100.0     0.0     0.0    -0.1     0.1     0.0
316                  Leather and allied products.......................   1.513    100.9      101.0     1.0     0.1     0.1    -0.1     0.1

32               MANUFACTURED GOODS, PART 2............................  17.397    100.8      101.8     1.8    -3.3    -3.2     0.2     1.0
321                  Wood products.....................................   1.242     89.6       89.5   -10.5     0.8    -4.8    -2.0    -0.1
322                  Paper.............................................   1.523    105.6      105.5     5.5     0.3     0.0     0.2    -0.1
324                  Petroleum and coal products.......................   3.861     94.6       98.1    -1.9   -13.5   -12.1     0.6     3.7
325                  Chemicals.........................................   7.891    104.3      104.8     4.8     0.3     0.3     0.4     0.5
326                  Plastics and rubber products......................   1.663    103.5      103.6     3.6     0.5     0.1     0.2     0.1
327                  Nonmetallic mineral products......................   1.110    103.1      102.9     2.9     0.1     0.1    -0.6    -0.2

33               MANUFACTURED GOODS, PART 3............................  54.601    103.5      103.7     3.7     0.3     0.0     0.2     0.2
331                  Primary metals....................................   5.542    134.9      136.9    36.9     2.9    -1.6     1.5     1.5
332                  Fabricated metal products, nesoi..................   2.549    105.1      105.4     5.4     0.4    -0.1     0.4     0.3
333                  Machinery, except electrical......................   6.460    102.6      102.9     2.9     0.1     0.2     0.0     0.3
334                  Computer and electronic products..................  14.304     97.5       97.5    -2.5    -0.2     0.0    -0.1     0.0
335                  Electrical equipment, appliances, and components..   3.639    103.5      103.7     3.7     0.5     0.1     0.2     0.2
336                  Transportation equipment..........................  15.601    100.7      100.7     0.7     0.0     0.3    -0.1     0.0
337                  Furniture and fixtures............................   1.520    100.7      100.6     0.6     0.2     0.0     0.1    -0.1
339                  Miscellaneous manufactured commodities............   4.984    105.0      105.1     5.1     0.0     0.7     0.2     0.1


     1   Relative importance figures are based on 2004 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
                  December 2005-December 2006          December  2005=100, unless otherwise noted
                                                                                         Index                     Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         Dec.    Aug.    Sept.   Oct.    Nov.
NAICS                             Description                                                          2005    2006    2006    2006    2006
                                                                        November  November  December    to      to      to      to      to
                                                                          2006      2006      2006     Dec.    Sept.   Oct.    Nov.    Dec.
                                                                           1/                          2006    2006    2006    2006    2006

         Nonmanufactured Articles......................................   6.292    111.0      113.7    13.7    -3.7    -0.9    10.2     2.4

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   4.507    115.5      118.5    18.5    -2.0     1.9     7.7     2.6
111                  Agricultural products.............................   4.081    116.7      120.1    20.1    -1.9     2.2     8.6     2.9

21               OIL, GAS, MINERALS AND ORES...........................   1.785    101.2      103.2     3.2    -7.7    -7.9    17.3     2.0
211                  Oil and gas.......................................   0.569    103.0      103.7     3.7   -12.9   -24.1    62.7     0.7
212                  Minerals and ores.................................   1.216    100.4      103.0     3.0    -5.7    -1.5     3.7     2.6

         Manufactured Articles.........................................  91.281    102.7      103.1     3.1    -0.2    -0.3    -0.1     0.4

31               MANUFACTURED GOODS, PART 1............................   6.668    102.5      103.6     3.6     0.3     0.2     0.3     1.1
311                  Food and kindred products.........................   3.849    104.7      106.3     6.3     0.7    -0.1     0.5     1.5
312                  Beverages and tobacco products....................   0.560     99.8      100.0     0.0    -0.8    -0.3    -0.1     0.2
313                  Textiles and fabrics..............................   1.059     98.2       98.2    -1.8     0.2     1.1     0.2     0.0
315                  Apparel and accessories...........................   0.622    100.1      100.1     0.1     0.0     0.0     0.0     0.0

32               MANUFACTURED GOODS, PART 2............................  23.628    104.2      105.0     5.0    -1.1    -1.3    -0.7     0.8
321                  Wood products.....................................   0.567    105.2      106.5     6.5     0.0     0.1     1.1     1.2
322                  Paper.............................................   2.156    107.7      107.7     7.7     0.3     0.5     0.0     0.0
324                  Petroleum and coal products.......................   2.451    104.9      111.9    11.9   -11.5    -8.8     0.3     6.7
325                  Chemicals.........................................  15.008    103.8      103.7     3.7     0.5    -0.6    -1.2    -0.1
326                  Plastics and rubber products......................   2.451    103.6      103.6     3.6     0.1     0.4     0.0     0.0
327                  Nonmetallic mineral products......................   0.892    102.4      104.1     4.1     0.3    -0.3     0.1     1.7

33               MANUFACTURED GOODS, PART 3............................  60.985    102.2      102.3     2.3     0.2     0.0     0.1     0.1
331                  Primary metals....................................   3.909    117.9      118.5    18.5     0.2    -2.2     0.4     0.5
332                  Fabricated metal products, nesoi..................   2.769    107.3      107.4     7.4    -0.1     0.3     0.3     0.1
333                  Machinery, except electrical......................  12.152    102.9      103.1     3.1     0.2     0.3     0.2     0.2
334                  Computer and electronic products..................  17.852     97.6       97.4    -2.6     0.2    -0.2    -0.2    -0.2
335                  Electrical equipment, appliances, and components..   3.495    102.3      102.5     2.5    -0.1     0.7     0.1     0.2
336                  Transportation equipment..........................  16.233    102.5      102.8     2.8     0.2     0.2     0.2     0.3
339                  Miscellaneous manufactured commodities............   4.244    102.7      102.8     2.8     0.2     0.4     0.0     0.1


     1   Relative importance figures are based on 2004 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
                  December 2005-December 2006          2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Dec.    Aug.    Sept.   Oct.    Nov.
nized                            Description                                                         2005    2006    2006    2006    2006
System                                                                November  November  December    to      to      to      to      to
                                                                        2006      2006      2006     Dec.    Sept.   Oct.    Nov.    Dec.
                                                                         1/                          2006    2006    2006    2006    2006

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.240    119.9      118.9     3.1     0.4    -0.2    -0.7    -0.8
02               Meat and edible meat offal..........................   0.360    143.1      141.5     2.1    -0.1     1.4     0.5    -1.1
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.643     96.4       95.6     3.7     0.4    -0.9    -1.7    -0.8
      2/         Other live animals; animal products.................   0.236    154.7      153.8     2.9     1.6    -1.2     0.3    -0.6

II         VEGETABLE PRODUCTS........................................   1.221    123.3      127.0     6.7     0.1     0.9     2.2     3.0
07               Edible vegetables, roots, and tubers................   0.339    164.3      180.0     7.5    -0.4     1.9    -0.2     9.6
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.304     87.6       89.0     1.4    -0.3    -1.0     0.9     1.6
09               Coffee, tea, mate and spices........................   0.271    135.7      137.4    19.3     1.7     2.4     4.0     1.3
      2/         Other vegetable products............................   0.307    123.3      121.7     1.7     0.0     0.6     4.8    -1.3

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.090    119.4      119.8     3.6     0.1    -0.1     0.3     0.3
      2/         Other prepared foodstuffs...........................   0.811    128.2      129.2     3.8     0.2    -0.1     0.5     0.8
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.264    118.7      119.8     9.4     0.3     0.3     0.7     0.9
22               Beverages, spirits, and vinegar.....................   0.794    110.3      110.3     3.2     0.1    -0.5     0.2     0.0

V          MINERAL PRODUCTS..........................................  19.443    194.1      204.1     1.3   -10.1   -11.5     1.9     5.2
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  19.089    193.2      203.4     1.1   -10.2   -11.7     1.9     5.3
      2/         Other mineral products (Dec. 2001=100)..............   0.354    144.5      145.4    14.3     0.5     1.1     0.8     0.6

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   7.217    116.9      117.7     4.9     0.1     1.0     0.3     0.7
28               Inorganic chemicals.................................   0.787    168.7      173.6    14.4     3.0     3.8     1.6     2.9
29               Organic chemicals...................................   2.876    119.9      120.2     9.9    -0.7     1.6     0.0     0.3
30               Pharmaceutical products.............................   1.971    105.3      106.0    -3.7    -0.2    -0.5    -0.1     0.7
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.179    101.8      101.8     1.1     2.8     0.3     0.1     0.0
33               Essential oils and resinoids (Dec. 2001=100)........   0.394    110.4      110.4     3.3    -0.2     1.4    -0.4     0.0
38               Miscellaneous chemical products.....................   0.410     95.1       95.5     3.5     0.9     0.5    -0.1     0.4

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.908    121.2      120.4     2.6    -0.2    -0.5    -0.2    -0.7
39               Plastics and articles thereof.......................   1.903    119.0      118.4     0.1     0.3    -0.3    -0.3    -0.5
40               Rubber and articles thereof.........................   1.005    125.5      124.4     7.5    -1.2    -0.9    -0.2    -0.9

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.636    105.7      105.8     1.7     0.1     0.1    -0.1     0.1
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.546    105.8      105.9     1.9     0.1     0.0     0.0     0.1

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.331    110.8      110.9    -8.8     0.8    -4.8    -1.7     0.1

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.714    109.4      109.3     4.8     0.3    -0.2     0.0    -0.1
47               Pulp wood or other fibrous cellulosic
                        material; waste paper/paperboard.............   0.238    126.6      126.6    20.0     1.4     0.2     1.0     0.0
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.200    106.4      106.3     2.7     0.0    -0.3    -0.2    -0.1
49               Printed matter......................................   0.277    115.0      115.0     2.4     0.3     0.3     0.0     0.0

XI         TEXTILE AND TEXTILE ARTICLES..............................   5.588    101.1      101.1     0.5     0.0     0.1     0.0     0.0
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   2.028    100.2      100.2     0.6    -0.1     0.0     0.1     0.0
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.248     99.5       99.5    -0.6     0.0    -0.2     0.1     0.0
63               Made-up or worn textile articles....................   0.501     94.4       94.4     1.2     0.0    -0.1     0.0     0.0
      2/         Other textile & textile articles....................   0.811    111.3      111.2     3.2     0.5     0.7    -0.2    -0.1

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.267    100.7      100.8     0.6     0.1     0.0     0.0     0.1
64               Footwear and  parts of such articles................   1.067    101.2      101.3     0.6     0.1     0.0     0.0     0.1
      2/         Other footwear, headgear, umbrellas,
                       whips, art. flowers, etc......................   0.200     97.7       97.7     0.4     0.0     0.0     0.0     0.0

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.979    108.6      108.6     3.2     0.1     0.1    -0.5     0.0
68               Articles of stone, plaster, cement,
                        asbestos, or mica (Dec. 2001=100)............   0.327    103.4      102.1     1.2    -0.1     0.3    -0.2    -1.3
69               Ceramic products....................................   0.312    113.2      113.9     3.5     0.3    -0.2     0.0     0.6
70               Glass and glassware.................................   0.340    108.3      108.7     4.7     0.1     0.0    -1.2     0.4

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.814    125.0      128.1    20.2     0.6    -0.8     0.3     2.5

XV         BASE METALS AND ARTICLES OF BASE METAL....................   6.792    162.8      163.5    23.0     1.8    -0.6     1.0     0.4
72               Iron and steel......................................   1.765    185.5      184.1    19.5     4.8     0.1    -1.4    -0.8
73               Articles of iron or steel...........................   1.458    125.6      125.9     2.4    -0.2     0.0    -0.2     0.2
74               Copper and articles thereof.........................   0.865    296.8      292.5    61.4     1.1    -6.2     3.2    -1.4
76               Aluminum and articles thereof.......................   1.054    142.2      144.2    19.0    -1.3     0.4     1.5     1.4
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.386    107.3      107.6     3.4     0.2     0.2     0.0     0.3
83               Miscellaneous articles of base metal................   0.478    123.1      124.7    10.9     1.1     0.5     0.3     1.3
      2/         Other base metals and articles of base metals.......   0.785    246.1      256.5    96.3     5.7     0.9     6.8     4.2

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  23.897     88.1       88.1    -0.1     0.0    -0.1     0.1     0.0
84               Machinery and mechanical appliances; parts thereof..  12.425     88.4       88.5     0.1    -0.1    -0.1     0.1     0.1
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  11.472     87.7       87.7    -0.2     0.0     0.0    -0.1     0.0

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  13.591    105.4      105.3     0.7     0.0     0.3     0.1    -0.1
87               Motor vehicles and their parts......................  12.510    104.6      104.6     0.6     0.0     0.3    -0.1     0.0
88               Aircraft, spacecraft, and parts
                        thereof (Dec. 2002=100)......................   0.934    107.7      107.8     2.6     0.1     0.6     0.3     0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   3.178     99.6       99.8     0.1     0.1     0.2    -0.1     0.2
90               Optical, photographic, measuring and
                        medical instruments..........................   2.823     98.1       98.2    -0.6     0.1     0.2    -0.2     0.1
91               Clocks and watches and parts thereof................   0.256    113.2      115.7     7.2     0.0     1.3     0.0     2.2

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   3.873    100.1      100.2     0.7     0.1     0.3     0.0     0.1
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.247    104.0      104.1     0.8     0.2     0.2     0.1     0.1
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.410     95.3       95.3     0.8     0.1     0.3     0.1     0.0
96               Miscellaneous manufactured articles.................   0.216    101.8      101.9     0.7    -0.1     0.1     0.0     0.1


     1   Relative importance figures are based on 2004 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
                  December 2005-December 2006          2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Dec.    Aug.    Sept.   Oct.    Nov.
nized                            Description                                                         2005    2006    2006    2006    2006
System                                                                November  November  December    to      to      to      to      to
                                                                        2006      2006      2006     Dec.    Sept.   Oct.    Nov.    Dec.
                                                                         1/                          2006    2006    2006    2006    2006

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.346    131.6      132.2     0.8    -0.1    -1.0    -1.5     0.5
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.431    118.2      119.5    -2.6    -1.0    -2.3    -2.4     1.1

II         VEGETABLE PRODUCTS........................................   4.097    148.3      152.6    23.7    -0.8     2.7     7.9     2.9
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.614    106.8      113.1    -2.6    -2.9    -7.0    -3.2     5.9
10               Cereals.............................................   2.008    171.0      175.0    44.2     1.7     6.9    13.5     2.3
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   0.930    135.0      136.0    11.2    -2.9     1.8    11.8     0.7

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.312    115.0      116.0     4.8     0.2     0.4     0.7     0.9
21               Miscellaneous edible preparations...................   0.436    109.7      109.7     0.9     0.2     0.1     0.8     0.0
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.432    133.2      138.7    12.3     0.5     2.3     2.9     4.1
      2/         Other prepared foods................................   0.795    110.5      111.0     3.2    -0.3    -0.6     0.2     0.5

V          MINERAL PRODUCTS..........................................   4.464    222.8      232.0    12.5    -8.1    -7.2     7.4     4.1
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   3.608    205.1      213.3     9.7    -9.0    -8.5     6.5     4.0

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  12.314    124.3      124.4     6.1     0.5    -0.1    -0.6     0.1
28               Inorganic chemicals.................................   1.237    161.0      161.7    27.2     1.3     0.9     0.4     0.4
29               Organic chemicals...................................   4.311    138.5      137.6     5.9     1.1    -0.8    -2.2    -0.6
30               Pharmaceutical products.............................   2.426    109.7      110.1     3.2     0.4    -0.1    -0.2     0.4
31               Fertilizers.........................................   0.375    150.2      150.2    -6.2    -1.1     1.3     0.0     0.0
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.655    113.7      117.5    10.2     0.1     0.1     3.5     3.3
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.703    113.9      113.9     1.8     0.1     0.8    -1.1     0.0
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.414    110.2      109.0     3.2    -0.6     0.5     1.3    -1.1
37               Photographic or cinematographic goods...............   0.366    104.2      104.4     1.5     0.2    -0.2    -0.3     0.2
38               Miscellaneous chemical products.....................   1.624    112.9      113.1     3.7     0.2     0.4     0.2     0.2

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.827    127.0      126.2    -0.9     0.2    -1.1    -1.6    -0.6
39               Plastics and articles thereof.......................   4.695    123.3      122.3    -2.4     0.2    -1.4    -2.1    -0.8
40               Rubber and articles thereof.........................   1.132    142.5      142.4     6.0    -0.2     0.1     0.2    -0.1

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.494    119.9      122.7     8.3     0.6     1.1     0.6     2.3
41               Raw hides and skins (other than
                        furskins) and leather........................   0.356    114.9      118.7     9.6     0.8     1.4     0.9     3.3

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.761    110.2      110.2     5.9    -0.4     0.2     1.6     0.0

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.701    107.2      108.0     7.0     0.5     0.0     0.0     0.7
47               Woodpulp and recovered paper........................   0.603    102.7      106.5    14.1     1.7     0.0     1.1     3.7
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.504    106.9      106.9     6.9     0.2     0.5    -0.3     0.0
49               Printed material....................................   0.594    116.1      115.8     0.8    -0.2    -1.2    -0.4    -0.3

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.695    101.5      102.2     0.9    -0.5    -0.4     0.3     0.7
52               Cotton, including yarns and woven fabrics thereof...   0.722     92.2       94.4     1.6    -2.6    -1.7     1.5     2.4
61               Apparel & clothing knitted
                        or crocheted (Dec. 2001=100).................   0.319     94.6       94.6    -0.2     0.1    -0.1     0.0     0.0
      2/         Other textile and textile articles (Dec. 2001=100)..   1.654    115.0      115.0     0.7     0.3     0.2    -0.2     0.0

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.818    103.8      105.2     2.0     0.3    -0.2    -0.1     1.3
70               Glass and glassware.................................   0.460     95.1       95.2    -0.1     0.5    -0.4     0.0     0.1

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.849    136.4      146.7    25.3     0.4    -1.7     0.4     7.6

XV         BASE METALS AND ARTICLES OF BASE METALS...................   5.700    158.0      158.5    16.6     0.4    -0.6     0.8     0.3
72               Iron and steel......................................   1.201    178.9      179.9    14.1     1.7    -1.7    -0.8     0.6
73               Articles of iron or steel...........................   1.334    138.4      138.6     9.1     0.0    -0.1     0.3     0.1
74               Copper and articles thereof.........................   0.837    254.8      246.2    44.7    -0.2    -1.0     2.9    -3.4
76               Aluminum and articles thereof.......................   0.945    143.1      148.7    23.0    -1.5     0.2     2.1     3.9
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.420    112.8      112.8     5.8     0.0     1.3     0.0     0.0
83               Miscellaneous articles of base metal................   0.441    124.2      124.3     6.0    -0.6    -0.3     0.1     0.1

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  32.184     93.9       93.9     0.2     0.1     0.2     0.0     0.0
84               Machinery and mechanical appliances; parts thereof..  18.018    102.3      102.3     2.1     0.2     0.2     0.0     0.0
85               Electrical machinery and equipment
                        and parts and accessories thereof............  14.166     84.8       84.8    -2.0     0.0     0.1     0.1     0.0

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  13.353    112.3      112.7     2.5     0.2     0.2     0.1     0.4
87               Motor vehicles and their parts......................   8.791    104.9      105.2     1.2     0.0     0.2    -0.1     0.3

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.274    102.6      102.6     1.0     0.1     0.2     0.0     0.0

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.441    103.0      104.0     3.9     0.1     0.0     1.3     1.0
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.796    110.2      112.3     6.5    -0.1     0.2     2.3     1.9
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.505     94.7       94.7     0.6     0.4    -0.4    -0.1     0.0


     1   Relative importance figures are based on 2004 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
                  December 2005-December 2006          2000=100, unless otherwise noted
                                                                        Index                           Percent Change

                                                                                        Annual            Monthly
                                                       Percentage                        Dec.      Aug.     Sept.    Oct.     Nov.
                        Description                        of                            2005      2006     2006     2006     2006
                                                          U.S.   November   December      to        to       to       to       to
                                                        Imports    2006       2006       Dec.      Sept.    Oct.     Nov.     Dec.
                                                           1/                            2006      2006     2006     2006     2006

 2/ Industrialized Countries............................ 46.371   116.3      117.3        2.8      -0.6     -2.2      1.7      0.9
         Nonmanufactured Articles.......................  3.994   177.4      189.8       -4.7      -9.1    -14.2     12.6      7.0
         Manufactured Articles.......................... 41.944   111.5      111.7        3.7       0.5     -0.9      0.6      0.2

 3/ Other Countries..................................... 53.651   110.7      112.0        2.3      -2.6     -2.7     -0.2      1.2
         Nonmanufactured Articles.......................  9.299   183.0      192.0        5.9      -9.4     -9.2     -1.5      4.9
         Manufactured Articles.......................... 44.152   100.7      100.8        1.2      -0.3     -0.7      0.2      0.1

    Canada.............................................. 17.089   128.0      130.0        0.3      -2.3     -4.5      3.3      1.6
         Nonmanufactured Articles.......................  3.239   179.0      192.8       -7.0      -9.7    -16.0     16.4      7.7
         Manufactured Articles.......................... 13.575   118.8      118.6        2.6       0.0     -1.2      0.3     -0.2

 4/ European Union...................................... 18.654   120.5      121.0        5.7       1.3      0.2     -0.2      0.4
         Nonmanufactured Articles.......................  0.367   200.4      208.8        9.3      -6.9     -5.8     -3.2      4.2
         Manufactured Articles.......................... 18.150   119.0      119.3        5.7       1.5      0.3      0.3      0.3

    France (Dec. 2003=100)..............................  1.971   105.0      105.7        4.0       0.2      1.0     -0.1      0.7

    Germany (Dec. 2003=100).............................  5.187   105.5      105.7        2.3       0.4      0.3      0.3      0.2

    United Kingdom (Dec. 2003=100)......................  2.947   117.8      118.6        5.2       1.3     -0.4     -0.6      0.7

 5/ Latin America....................................... 17.406   135.8      136.8        4.4      -3.3     -2.7     -0.4      0.7
         Nonmanufactured Articles.......................  4.158   189.4      199.0        7.8     -10.1     -8.0      0.1      5.1
         Manufactured Articles.......................... 13.173   127.0      125.8        2.9      -0.2     -0.4     -0.7     -0.9

    Mexico (Dec. 2003=100).............................. 10.594   118.5      118.7        5.2      -2.9     -1.9     -0.1      0.2

 6/ Pacific Rim (Dec. 2003=100)......................... 34.090    98.4       98.5       -0.3      -0.1     -0.3     -0.1      0.1

    China (Dec. 2003=100)............................... 13.773    97.3       97.4       -1.1      -0.2     -0.1      0.0      0.1

    Japan...............................................  8.920    94.1       94.2       -1.1      -0.1     -0.2     -0.1      0.1

 7/ Asian NICs..........................................  7.216    88.9       89.0        0.6      -0.3     -0.1     -0.3      0.1

 8/ ASEAN (Dec. 2003=100)...............................  6.086    98.0       98.0        0.6      -0.6     -0.6     -0.4      0.0

 9/ Asia Near East (Dec. 2003=100)......................  3.547   162.3      168.9        5.8      -8.1     -6.4     -2.1      4.1


1   Percentage of trade figures are based on 2004 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, Asia Newly Industrialized Countries, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea and Philippines.
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
                  December 2005-December 2006          2000=100, unless otherwise noted
                                                                         Index                         Percent Change
                                                        Relative
                                                         import-                       Annual            Monthly
                                                          ance                          Dec.      Aug.     Sept.    Oct.     Nov.
                        Description                                                     2005      2006     2006     2006     2006
                                                        November  November  December     to        to       to       to       to
                                                          2006      2006      2006      Dec.      Sept.    Oct.     Nov.     Dec.
                                                           1/                           2006      2006     2006     2006     2006

    AIR FREIGHT
      Import Air Freight................................ 100.000    129.9     131.1       1.7      0.5     -0.2     -2.3      0.9
           Europe (Dec. 2003=100).......................  38.410    125.2     127.4       6.2      1.4     -0.7     -4.4      1.8
           Asia.........................................  49.314    114.5     115.1      -1.7     -0.2      0.3     -1.2      0.5

      Export Air Freight................................ 100.000    116.6     116.7       4.2      1.4     -0.4     -0.7      0.1

      Inbound Air Freight............................... 100.000    126.4     127.1       2.0      0.5     -0.7     -1.2      0.6
           Europe (Dec. 2003=100).......................  38.835    122.1     123.3       6.3      0.8     -1.3     -2.5      1.0
           Asia.........................................  48.633    110.3     110.6      -1.4      0.1     -0.1     -0.5      0.3

      Outbound Air Freight.............................. 100.000    114.2     113.8       1.6      0.7     -1.0     -1.3     -0.4
           Europe (Dec. 2003=100).......................  41.860    128.6     128.6       1.7      0.1     -1.4     -1.6      0.0
           Asia.........................................  41.914    105.1     104.3      -0.6     -0.6     -0.7     -1.4     -0.8

    AIR PASSENGER FARES
      Import Air Passenger Fares........................ 100.000    121.4     125.4       7.8     -5.4     -4.1     -3.3      3.3
           Europe.......................................  59.943    113.9     114.0       8.9     -3.8     -6.8     -4.4      0.1
           Asia.........................................  13.471    109.6     129.4       0.6    -15.2     -2.3     -0.6     18.1
           Latin America/Caribbean......................  10.776    120.2     124.1       7.4     -3.6      1.8     -0.6      3.2

      Export Air Passenger Fares........................ 100.000    136.1     137.3       7.0     -7.6     -1.9     -2.6      0.9
           Europe.......................................  30.648    160.9     162.2      12.7     -7.8     -1.0     -7.1      0.8
           Asia.........................................  34.132    108.2     108.3       1.5    -15.2     -4.5     -1.0      0.1
           Latin America/Caribbean......................  18.670    154.9     157.8       5.3      1.5      0.8      0.3      1.9

      Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000    116.6     118.5       9.2     -7.5     -1.4     -4.6      1.6
           Europe (Dec. 2003=100).......................  39.978    114.9     116.7      13.0     -9.6     -0.4     -8.9      1.6
           Asia (Dec. 2003=100).........................  28.959    105.0     107.3       4.3    -12.4     -4.5     -2.6      2.2
           Latin America/Caribbean (Dec. 2003=100)......  15.176    121.8     123.5       7.0      1.3      1.1     -0.3      1.4
           Canada (Dec. 2003=100).......................  10.459    161.9     164.4      13.8      2.9     -0.3     -0.2      1.5

      Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000    117.7     119.3       7.7     -3.7     -4.2     -2.8      1.4
           Europe (Dec. 2003=100).......................  50.220    118.7     118.5       8.6     -3.1     -7.9     -4.5     -0.2
           Asia (Dec. 2003=100).........................  14.920    107.2     114.6       4.4    -11.8     -2.0     -2.5      6.9
           Latin America/Caribbean (Dec. 2003=100)......  20.143    113.0     113.9       4.8     -0.8      0.5      0.0      0.8
           Canada (Dec. 2003=100).......................   9.471    164.0     165.9      15.9      0.1      0.0      0.0      1.2

    CRUDE OIL TANKER FREIGHT
 2/   Inbound Crude Oil Tanker Freight.................. 100.000     n.a.      n.a.      n.a.      5.3     -0.7     n.a.     n.a.

    OCEAN LINER FREIGHT
      Inbound Ocean Liner Freight....................... 100.000    114.1     114.0     -10.1      0.3     -0.3      0.2     -0.1
           U.S. East Coast..............................  40.383    118.7     118.6      -7.6      0.2     -0.6      0.3     -0.1
                 From Atlantic..........................  17.507    118.0     118.0     -11.1      0.1     -1.2     -0.8      0.0
                 From Pacific...........................  16.968    122.7     122.6      -1.5      0.3     -0.1      1.3     -0.1
           U.S. West Coast..............................  59.617    111.7     111.7     -11.6      0.2      0.0      0.1      0.0


    1   Relative importance figures are based on 2000 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
	
                                        
						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.  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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