U.S. IMPORT AND EXPORT PRICE INDEXES – JANUARY 2018 

U.S. import prices increased 1.0 percent in January, the U.S. Bureau of Labor Statistics reported today, after 

rising 0.2 percent in December. Higher prices for both nonfuel imports and fuel imports contributed to the 

January advance. Prices for U.S. exports rose 0.8 percent in January following a 0.1-percent increase the 

previous month.

Chart 1. One-month percent change in the Import Price Index: January 2017 – January 2018 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: January 2017 – January 2018 

 Percent change 

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Jan'17 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'18

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Jan'17 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'18

Transmission of material in this release is embargoed until 

8:30 a.m. (EST) Friday, February 16, 2018 

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

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

USDL-18-0241
2

All Imports: The price index for U.S. imports rose 1.0 percent in January, after increases of 0.2 percent in 

December and 1.0 percent in November. The 1.0-percent advances were the largest 1-month rises since the 

index increased 1.2 percent in May 2016. Import prices advanced 3.6 percent between January 2017 and 

January 2018. 

Fuel Imports: Fuel prices increased 4.7 percent in January following a 2.9-percent advance in December 

and a 9.8-percent rise in November. Higher prices for petroleum and natural gas contributed to the increases 

in all 3 months. Prices for petroleum advanced 4.3 percent in January, after rising 2.3 percent the previous 

month and 9.5 percent in November. The price index for natural gas increased 20.7 percent in January 

following advances of 20.0 percent in December and 25.7 percent in November. Prices for fuel imports rose 

19.7 percent over the past 12 months. Petroleum prices increased 20.9 percent for the year ended in January 

and prices for natural gas advanced 16.2 percent over the same period. 

All Imports Excluding Fuel: Prices for nonfuel imports advanced 0.4 percent in January, after edging 

down 0.1 percent the previous month. The January increase was the largest monthly advance since the index 

rose 0.4 percent in March 2012. The last time the index increased more than 0.4 percent was a 0.8-percent 

rise in April 2011. Prices for nonfuel industrial supplies and materials; automotive vehicles; foods, feeds, 

and beverages; and capital goods all contributed to the January advance. The price index for nonfuel imports 

increased 1.9 percent over the past 12 months, the largest over-the-year rise since the index advanced 2.0 

percent in March 2012. The January 12-month advance was primarily driven by rising prices for nonfuel 

industrial supplies and materials. 

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

Chart 3. One-month percent change in the Export Price Index: January 2017 – January 2018 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: January 2017 – January 2018 

 Percent change

All Exports: U.S. export prices increased 0.8 percent in January. The index has not risen by more than 0.8 

percent since the index advanced 1.1 percent in May 2016. In January, the increase in nonagricultural prices 

more than offset a decline in agricultural prices. The price index for exports increased 3.4 percent over the 

past 12 months. 

Agricultural Exports: Prices for agricultural exports edged down 0.1 percent in January, after falling 0.3 

percent the previous month. The January drop was driven by a 5.8-percent decline in soybean and other 

oilseeds prices. Despite the recent decreases, prices for agricultural exports rose 1.4 percent over the past 

year. Rising meat prices were the primary contributor to the advance in agricultural prices for the year ended 

in January. 

All Exports Excluding Agriculture: Nonagricultural export prices advanced 0.9 percent in January 

following a 0.1-percent rise in December. The price indexes for nonagricultural industrial supplies and 

materials; capital goods; automotive vehicles; and consumer goods all rose in January. Prices for 

nonagricultural export indexes advanced 3.7 percent from January 2017 to January 2018, the largest 12-

month increase since a 4.0-percent rise for the year ended December 2011. 

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0.1

0.2

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-0.1

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0.6

0.8

0.1

0.5

0.1

0.8

-1.0

-0.5

0.0

0.5

1.0

Jan'17 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'18

2.4

3.2 3.4

3.1

1.4

0.6

0.9

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3.4

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Jan'17 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan'18
4

SELECTED JANUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Prices for imports from Japan increased 0.6 percent in January, after 

recording no change the previous month. The January advance was the first monthly rise since the index 

ticked up 0.1 percent in September and the largest 1-month advance since a 0.6-percent rise in January 

2011. In January, import prices from China recorded no change for the second consecutive month. The price 

index for imports from China rose 0.2 percent for the year ended in January, the first 12-month advance 

since the index increased 0.1 percent in October 2014 and the largest since the index advanced 0.3 percent 

in July 2014. Higher fuel prices led the January increase for import prices from Canada, up 2.5 percent, and 

Mexico, up 0.7 percent. Prices for imports from the European Union also rose, increasing 0.5 percent. 

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

increased 1.8 percent in January following a 0.2-percent drop in December. The January rise was driven by 

higher metals prices and was the largest monthly advance since a 2.0-percent rise in March 2011. 

Finished Goods: Finished goods prices were mostly up in January. Prices for automotive vehicles advanced 

0.5 percent in January led by rising prices for passenger cars. The price index for capital goods also rose in 

January, ticking up 0.1 percent. Consumer goods prices recorded no change. 

Foods, Feeds, and Beverages: Foods, feeds, and beverages prices rose 0.8 percent in January following a 

0.9-percent decline in December. The January increase was driven by higher prices for fruit, bakery 

products, and vegetables.

Transportation Services: Import air passenger fares fell 3.2 percent in January, after increasing 6.5 percent 

in December. The January decline was led by an 11.1-percent drop in Asian fares and a 13.0-percent 

decrease in Latin American/Caribbean fares, which more than offset higher European fares. Despite the 

January decline, import air passenger fares rose 2.6 percent over the past year. The price index for import air 

freight prices decreased 3.0 percent in January and increased 8.7 percent over the past 12 months. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Nonagricultural industrial supplies and materials 

prices increased 2.1 percent in January, after edging down 0.1 percent in December. The January advance 

was driven by a 4.5-percent rise in fuel prices and a 3.0-percent increase in metals prices.

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

prices advanced 0.5 percent. Higher prices for nonelectrical machinery, transportation equipment, and 

electrical machinery all contributed to the January advance. The price indexes for consumer goods and 

automotive vehicles also rose in January, each increasing 0.3 percent. 

Transportation Services: Export air passenger fares advanced 5.6 percent in January following a 3.3-

percent rise the previous month. Both increases were driven by higher Asian and Latin American/Caribbean 

fares which more than offset lower European fares in January and December. Despite the recent increases, 

export air passenger fares fell 1.0 percent for the year ended in January. Prices for export air freight 

increased 0.2 percent in January and 7.5 percent over the past year. 

 

Import and Export Price Index data for February are scheduled for release on Thursday, March 15, 2018 at 

8:30 a.m. (EDT).
Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2017 to

January 2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

All commodities................................... 100.000 125.5 126.7 3.6 0.2 1.0 0.2 1.0

All imports excluding food and fuels (Dec.

2010=100)........................................ 83.142 99.5 100.0 1.8 0.2 0.1 -0.1 0.5

All imports excluding petroleum.............. 90.086 112.7 113.3 1.9 0.0 0.2 0.0 0.5

All imports excluding fuels (Dec.

2001=100)........................................ 89.319 116.7 117.2 1.9 0.1 0.0 -0.1 0.4

Foods, feeds, & beverages................... 0 6.126 181.0 182.5 3.1 -0.4 -1.0 -0.9 0.8

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.825 199.1 200.7 4.2 -0.7 -1.1 -1.2 0.8

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.301 139.9 141.0 -0.8 0.5 -0.7 0.0 0.8

Industrial supplies & materials.............. 1 24.765 185.6 191.3 13.7 0.6 4.5 1.1 3.1

Industrial supplies & materials excluding

petroleum.................................... 14.928 153.9 157.6 9.1 0.7 1.5 0.4 2.4

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 14.074 173.9 177.1 9.3 0.8 0.9 -0.2 1.8

Industrial supplies & materials, durable. . .. 8.894 164.3 168.1 10.8 0.2 0.7 -0.8 2.3

Industrial supplies & materials nondurable

excluding petroleum....................... 5.957 140.8 144.4 6.8 1.3 2.7 2.2 2.6

Fuels & lubricants............................. 10 10.681 205.3 215.0 19.7 0.3 9.8 2.9 4.7

Petroleum & petroleum products......... 100 9.914 222.6 232.1 20.9 0.5 9.5 2.3 4.3

Crude........................................ 10000 6.998 230.0 243.3 25.4 3.0 9.4 2.6 5.8

Fuels, n.e.s.-coals & gas.................. 101 0.585 114.1 130.4 6.2 -2.6 19.4 16.0 14.3

Gas-natural.................................. 10110 0.435 99.2 119.7 16.2 -2.4 25.7 20.0 20.7

Paper & paper base stocks.................. 11 0.542 109.7 111.9 6.3 0.9 0.6 0.5 2.0

Materials associated with nondurable

supplies & materials....................... 12 4.714 159.8 161.3 6.8 1.7 1.4 0.8 0.9

Selected building materials.................. 13 1.631 151.2 150.1 8.1 2.0 0.3 -1.0 -0.7

Unfinished metals related to durable

goods........................................ 14 3.750 223.5 234.4 16.4 -0.8 1.5 -1.8 4.9

Finished metals related to durable

goods........................................ 15 1.788 157.7 160.1 10.6 0.8 0.4 0.4 1.5

Nonmetals related to durable goods. . . . . .. 16 1.660 110.4 110.6 2.6 0.4 0.0 0.1 0.2

Capital goods................................... 2 26.916 89.3 89.4 0.9 0.1 -0.1 0.0 0.1

Electric generating equipment............... 20 3.250 116.9 116.9 0.8 0.0 0.1 -0.2 0.0

Nonelectrical machinery...................... 21 21.403 81.8 81.9 1.1 0.1 -0.1 0.0 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.263 135.0 135.7 -0.8 0.2 0.1 0.1 0.5

Automotive vehicles, parts & engines..... 3 15.948 110.3 110.8 0.6 0.0 0.0 0.0 0.5

Consumer goods, excluding

automotives.................................. 4 26.245 106.7 106.7 -0.2 -0.1 0.0 -0.1 0.0

Nondurables, manufactured................. 40 12.830 121.5 121.2 0.1 -0.2 0.1 0.1 -0.2

Durables, manufactured...................... 41 12.111 92.8 92.9 -0.4 -0.1 0.0 -0.2 0.1

Nonmanufactured consumer goods. . . . . . .. 42 1.304 114.8 115.6 0.2 0.3 -0.3 0.2 0.7

1 Relative importance figures are based on 2016 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 2017 to

January 2018

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

All commodities................................... 100.000 124.7 125.7 3.4 0.1 0.5 0.1 0.8

Agricultural commodities....................... 9.969 178.5 178.3 1.4 2.0 -0.7 -0.3 -0.1

All exports excluding food and fuels (Dec.

2010=100)........................................ 81.226 100.1 100.6 2.5 0.2 0.2 0.1 0.5

Nonagricultural commodities.................. 90.031 120.6 121.7 3.7 -0.1 0.7 0.1 0.9

Foods, feeds, & beverages................... 0 9.345 180.5 180.2 1.5 2.2 -1.0 -0.5 -0.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.728 179.4 178.8 1.0 2.2 -1.0 -0.5 -0.3

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.617 204.9 208.2 8.6 1.7 -0.7 0.5 1.6

Industrial supplies & materials.............. 1 30.990 154.7 157.8 7.6 -1.0 2.0 0.1 2.0

Industrial supplies & materials, durable. . .. 10.347 162.1 164.5 6.1 -0.5 0.2 0.0 1.5

Industrial supplies & materials,

nondurable.................................. 20.643 151.5 155.0 8.5 -1.2 3.1 0.1 2.3

Agricultural industrial supplies &

materials..................................... 10 1.242 178.7 180.7 4.0 0.6 1.0 1.1 1.1

Nonagricultural industrial supplies &

materials...................................... 29.748 153.9 157.1 7.8 -1.0 2.1 -0.1 2.1

Fuels & lubricants............................. 11 9.429 184.5 192.8 13.9 -3.0 5.1 -0.5 4.5

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.284 155.4 157.1 5.4 -0.3 0.9 0.2 1.1

Selected building materials.................. 13 1.035 123.7 121.2 3.6 1.7 0.2 -0.2 -2.0

Capital goods................................... 2 36.814 108.7 109.2 2.0 0.5 0.0 0.2 0.5

Electrical generating equipment............. 20 3.929 116.0 117.3 4.5 1.9 0.2 0.3 1.1

Nonelectrical machinery...................... 21 23.791 94.3 94.6 1.2 0.3 -0.1 0.1 0.3

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.094 172.3 173.2 2.7 0.2 0.1 0.3 0.5

Automotive vehicles, parts & engines..... 3 10.181 113.2 113.5 0.4 0.0 -0.1 -0.1 0.3

Consumer goods, excluding

automotives.................................. 4 12.670 109.4 109.7 1.9 0.0 0.0 0.2 0.3

Nondurables, manufactured................. 40 6.150 105.8 106.6 3.2 0.0 0.1 0.4 0.8

Durables, manufactured...................... 41 5.064 107.6 107.3 0.6 -0.1 -0.1 0.0 -0.3

1 Relative importance figures are based on 2016 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 2017 to January 2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Nonmanufacturing................................ 9.735 110.2 116.4 19.6 1.8 6.7 2.0 5.6

Agriculture, forestry, fishing and

hunting........................................ 11 2.046 184.5 188.7 4.6 -1.5 -2.4 -2.2 2.3

Crop production............................... 111 1.662 198.7 202.8 6.1 -1.2 -3.3 -3.0 2.1

Animal production (Dec. 2014=100)........ 112 0.191 76.0 78.0 -1.4 -3.0 3.1 0.7 2.6

Mining............................................ 21 7.689 102.1 108.8 24.1 2.8 9.5 3.1 6.6

Oil and gas extraction........................ 211 7.463 102.3 109.2 24.9 3.0 9.9 3.4 6.7

Manufacturing..................................... 89.986 111.1 111.5 2.0 -0.1 0.5 0.0 0.4

Manufacturing, part 1......................... 31 11.410 124.5 124.8 1.1 -0.1 -0.1 0.1 0.2

Food manufacturing.......................... 311 3.438 156.3 156.9 2.7 -0.1 -0.1 -0.1 0.4

Beverage and tobacco product

manufacturing............................... 312 1.094 119.4 120.1 1.9 0.2 -0.1 0.0 0.6

Textile mills (Dec. 2011=100)............... 313 0.388 100.2 99.9 1.9 0.1 0.1 0.6 -0.3

Textile product mills.......................... 314 0.930 109.3 109.4 0.9 0.1 -0.2 0.1 0.1

Apparel manufacturing....................... 315 3.873 110.9 111.2 0.1 -0.3 -0.1 0.1 0.3

Leather and allied product

manufacturing............................... 316 1.686 122.9 122.9 -0.1 0.1 0.2 0.0 0.0

Manufacturing, part 2......................... 32 18.156 124.3 124.4 4.2 -0.2 1.8 0.4 0.1

Wood product manufacturing................ 321 1.007 133.8 132.1 12.0 3.0 0.5 -1.5 -1.3

Paper manufacturing......................... 322 1.009 106.2 106.9 2.5 0.6 0.1 0.2 0.7

Printing and related support activities

(Dec. 2016=100)........................... 323 0.208 98.9 98.9 -1.0 0.1 -0.1 0.0 0.0

Petroleum and coal products

manufacturing............................... 324 2.628 94.7 94.6 9.4 -6.4 10.7 1.5 -0.1

Chemical manufacturing..................... 325 10.112 137.8 138.1 3.5 0.7 0.7 0.4 0.2

Plastics and rubber products

manufacturing............................... 326 2.201 118.3 118.2 1.3 -0.1 -0.1 0.1 -0.1

Nonmetallic mineral product

manufacturing............................... 327 0.990 129.1 129.7 0.6 0.3 0.1 0.2 0.5

Manufacturing, part 3......................... 33 60.420 104.1 104.7 1.7 0.0 0.1 -0.2 0.6

Primary metal manufacturing................ 331 4.282 148.4 154.3 15.4 -0.2 1.3 -1.6 4.0

Fabricated metal product manufacturing... 332 3.104 126.2 126.6 4.5 0.7 0.2 0.1 0.3

Machinery manufacturing.................... 333 6.806 117.8 117.9 1.7 0.0 -0.1 0.1 0.1

Computer and electronic product

manufacturing............................... 334 17.242 75.6 75.5 -0.4 0.0 0.0 -0.1 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.929 115.2 115.1 0.4 -0.1 0.3 -0.2 -0.1

Transportation equipment manufacturing... 336 16.945 109.4 110.0 0.5 0.0 0.1 0.0 0.5

Furniture and related product

manufacturing............................... 337 1.777 115.8 116.0 0.8 0.1 0.0 0.0 0.2

Miscellaneous manufacturing............... 339 5.335 117.5 118.6 1.1 -0.3 0.0 -0.1 0.9

1 Relative importance figures are based on 2016 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 2017 to January 2018

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Nonmanufacturing................................ 8.530 138.2 140.1 5.3 3.4 -0.1 0.4 1.4

Agriculture, forestry, fishing and

hunting........................................ 11 5.138 153.4 155.1 1.5 4.1 -1.5 -0.8 1.1

Crop production............................... 111 4.729 159.0 160.8 1.1 4.2 -1.7 -0.8 1.1

Mining............................................ 21 3.392 91.6 93.3 11.5 2.1 2.4 2.1 1.9

Mining (except oil and gas).................. 212 1.116 108.3 110.4 8.7 0.6 0.8 0.2 1.9

Manufacturing..................................... 89.883 114.3 115.2 3.1 -0.1 0.4 0.0 0.8

Manufacturing, part 1......................... 31 7.020 139.4 138.5 2.0 0.1 -0.1 0.3 -0.6

Food manufacturing.......................... 311 4.825 158.3 156.9 2.1 0.1 -0.3 0.3 -0.9

Beverage and tobacco product

manufacturing............................... 312 0.674 115.2 114.5 6.6 0.0 0.3 -0.2 -0.6

Textile mills (Dec. 2016=100)............... 313 0.635 101.7 101.5 0.4 0.1 0.0 0.5 -0.2

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.274 97.3 97.9 -2.2 -0.7 0.7 1.0 0.6

Manufacturing, part 2......................... 32 24.826 112.5 114.5 6.8 -0.6 1.8 -0.2 1.8

Wood product manufacturing (Dec.

2017=100)................................... 321 0.528 100.0 99.4 – – – – -0.6

Paper manufacturing......................... 322 1.650 124.3 124.7 5.5 1.9 0.7 -0.3 0.3

Petroleum and coal products

manufacturing............................... 324 6.095 105.7 112.2 16.1 -5.0 6.3 -1.7 6.1

Chemical manufacturing..................... 325 13.241 116.6 117.4 4.7 0.7 0.5 0.5 0.7

Plastics and rubber products

manufacturing............................... 326 2.244 114.0 113.9 -0.5 0.0 -0.3 -0.1 -0.1

Nonmetallic mineral product

manufacturing............................... 327 0.829 114.5 114.2 1.3 0.4 -0.2 -0.1 -0.3

Manufacturing, part 3......................... 33 58.037 112.6 113.2 1.9 0.2 -0.1 0.1 0.5

Primary metal manufacturing................ 331 3.846 139.7 142.9 7.1 -2.2 0.5 -0.1 2.3

Fabricated metal product manufacturing... 332 3.034 137.7 138.3 3.2 0.0 -0.2 -0.1 0.4

Machinery manufacturing.................... 333 9.009 125.7 125.9 0.6 -0.2 -0.2 0.2 0.2

Computer and electronic product

manufacturing............................... 334 14.259 83.3 83.6 1.2 0.8 -0.1 0.0 0.4

Electrical equipment, appliance, and

component manufacturing................. 335 3.862 115.7 116.6 3.8 1.8 0.0 0.0 0.8

Transportation equipment manufacturing... 336 18.193 124.9 125.5 1.5 0.1 0.0 0.1 0.5

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.404 118.1 118.4 0.5 0.2 0.2 0.2 0.3

Miscellaneous manufacturing............... 339 5.429 119.6 119.7 1.4 -0.1 0.2 0.1 0.1

1 Relative importance figures are based on 2016 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 2017 to

January 2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Live animals; animal products................. I 1.366 191.0 193.6 2.1 -0.2 -0.1 -0.1 1.4

Meat and edible meat offal..................... 02 0.374 245.6 247.4 7.4 0.4 -1.1 0.3 0.7

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.702 138.5 140.9 -3.8 0.5 -1.3 0.2 1.7

Vegetable products............................... II 2.049 220.7 224.4 5.9 -0.9 -2.6 -2.8 1.7

Edible vegetables, roots, and tubers.......... 07 0.479 504.8 506.4 24.1 -3.1 16.9 -4.9 0.3

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.819 128.5 130.9 5.9 -0.3 -11.9 -3.7 1.9

Coffee, tea, mate and spices.................. 09 0.332 217.2 218.3 -8.7 -2.0 -1.2 -2.2 0.5

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.309 116.3 114.4 -1.6 -1.0 0.2 -0.9 -1.6

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.767 162.2 162.7 2.3 -0.3 0.0 0.1 0.3

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.195 86.6 90.8 5.6 1.3 -0.7 0.0 4.8

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.199 94.4 94.4 -6.3 0.0 0.6 -1.3 0.0

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.373 171.3 169.9 6.9 0.6 0.3 -0.2 -0.8

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.204 100.0 99.5 – – – – -0.5

Beverages, spirits, and vinegar................ 22 1.034 129.2 130.1 2.0 0.2 -0.1 0.1 0.7

Mineral products.................................. V 10.454 204.3 214.0 19.5 0.4 9.6 2.7 4.7

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 10.211 202.2 212.0 19.8 0.3 10.0 2.8 4.8

Products of the chemical or allied

industries........................................ VI 9.434 154.8 155.8 3.9 0.5 0.8 0.8 0.6

Inorganic chemicals............................. 28 0.604 302.8 313.1 19.4 4.5 3.7 7.3 3.4

Organic chemicals............................... 29 2.401 129.8 131.2 7.9 0.8 1.6 1.6 1.1

Pharmaceutical products....................... 30 4.410 148.2 148.2 0.3 -0.3 0.2 0.0 0.0

Fertilizers (Dec. 2009=100).................... 31 0.261 80.4 81.5 6.5 9.0 3.2 -0.9 1.4

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.183 106.3 107.0 5.1 -0.7 -0.5 0.9 0.7

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.581 102.3 102.5 2.3 0.2 0.1 -0.3 0.2

Miscellaneous chemical products............. 38 0.638 105.8 107.1 4.0 0.3 0.3 0.1 1.2

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.431 140.3 139.9 1.5 0.3 -0.1 -0.1 -0.3

Plastics and articles thereof.................... 39 2.251 142.8 142.6 2.6 0.6 0.2 -0.3 -0.1

Rubber and articles thereof.................... 40 1.180 137.3 136.4 -0.4 -0.2 -0.7 0.4 -0.7

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.638 124.1 124.2 0.7 0.0 0.1 -0.1 0.1

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.602 129.5 129.6 0.9 0.1 0.0 0.0 0.1

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 1.038 162.6 160.5 11.8 2.8 0.4 -1.6 -1.3

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 1.014 112.2 110.7 12.2 2.8 0.4 -1.6 -1.3

Woodpulp, recovered paper, and paper

products......................................... X 1.058 111.4 112.5 2.6 0.5 0.3 0.2 1.0

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.696 103.1 103.8 0.2 0.2 0.0 0.0 0.7

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2017 to

January 2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Printed matter (Dec. 2015=100)............... 49 0.205 104.9 105.0 -0.8 0.2 0.0 0.0 0.1

Textile and textile articles....................... XI 5.029 113.5 113.7 0.5 -0.1 -0.2 0.3 0.2

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.040 103.5 103.9 0.0 -0.3 -0.1 0.0 0.4

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.721 118.6 119.1 0.2 -0.3 -0.3 0.2 0.4

Made-up or worn textile articles............... 63 0.653 104.2 104.3 1.1 0.0 0.0 0.3 0.1

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.395 122.1 122.0 -0.3 0.1 0.1 0.2 -0.1

Footwear and parts of such articles........... 64 1.169 121.2 121.1 -0.3 0.1 0.2 0.1 -0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.930 131.0 131.6 0.8 0.3 -0.1 0.1 0.5

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.330 97.7 98.0 0.9 0.5 0.0 0.5 0.3

Ceramic products................................ 69 0.263 136.7 136.7 -0.3 0.4 0.1 0.1 0.0

Glass and glassware............................ 70 0.337 130.6 131.7 1.5 0.1 -0.2 -0.4 0.8

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 3.056 171.0 175.1 6.2 -2.5 0.8 -0.6 2.4

Base metals and articles of base metals. . .. XV 5.470 173.9 177.2 9.9 0.9 0.7 -0.9 1.9

Iron and steel.................................... 72 1.218 203.1 209.4 13.4 1.8 0.1 -0.6 3.1

Articles of iron or steel.......................... 73 1.595 149.4 150.9 9.2 1.2 0.2 0.2 1.0

Copper and articles thereof.................... 74 0.411 293.2 306.5 15.8 -2.9 2.8 -2.3 4.5

Aluminum and articles thereof................. 76 0.934 135.6 137.4 12.3 2.6 0.9 -1.4 1.3

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.419 121.8 122.1 -0.6 -0.8 0.0 -0.1 0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.525 137.9 136.5 1.0 0.1 0.0 0.1 -1.0

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 29.211 80.6 80.5 0.1 0.1 0.0 -0.1 -0.1

Machinery and mechanical appliances;

parts thereof................................... 84 14.256 86.6 86.5 1.3 0.2 0.0 0.0 -0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.955 75.0 74.8 -0.9 -0.1 0.0 -0.1 -0.3

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.097 113.9 114.7 0.8 0.0 0.0 0.0 0.7

Motor vehicles and their parts................. 87 12.877 112.8 113.7 1.1 -0.1 0.0 0.0 0.8

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.127 116.1 116.7 -1.8 0.2 0.2 0.2 0.5

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.859 101.6 103.7 2.1 0.0 -0.3 -0.1 2.1

Optical, photographic, measuring and

medical instruments.......................... 90 3.567 98.1 100.4 2.0 0.0 -0.3 -0.2 2.3

Clocks and watches and parts thereof. . . . . .. 91 0.234 144.4 141.5 0.8 0.0 0.0 0.3 -2.0

Miscellaneous manufactured articles......... XX 4.320 111.4 111.4 0.1 0.1 0.2 0.0 0.0

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.721 117.1 117.2 0.7 0.0 0.3 -0.1 0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.311 101.6 101.7 -1.0 0.0 0.1 0.2 0.1

Miscellaneous manufactured articles. . . . . . . .. 96 0.288 129.6 128.6 -0.8 0.0 0.0 -0.1 -0.8

1 Relative importance figures are based on 2016 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 2017 to

January 2018

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Live animals; animal products................. I 1.963 207.6 206.6 5.2 0.1 -1.1 0.5 -0.5

Meat & edible meat offal (Dec. 2006=100)... 02 1.201 166.6 167.0 11.4 0.1 -1.3 1.2 0.2

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.406 112.8 114.4 8.8 2.5 -0.6 0.5 1.4

Dairy products, eggs and honey (Dec.

2017=100)..................................... 04 0.276 100.0 93.3 – – – – -6.7

Vegetable products............................... II 4.746 192.8 195.1 1.0 4.9 -2.2 -1.5 1.2

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.936 146.1 147.6 0.2 1.9 2.6 -1.5 1.0

Cereals............................................ 10 1.378 180.7 183.5 5.3 2.7 0.7 0.4 1.5

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.989 204.4 199.3 -2.1 -0.2 0.3 2.2 -2.5

Prepared foodstuffs, beverages, and

tobacco........................................... IV 3.088 149.3 149.7 1.9 0.0 -0.2 0.1 0.3

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.352 117.2 117.7 0.9 0.6 0.0 0.0 0.4

Miscellaneous edible preparations (Dec.

2017=100)..................................... 21 0.595 100.0 102.1 – – – – 2.1

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.527 106.3 105.5 -4.8 -0.5 -2.4 -2.7 -0.8

Residues and waste from the food

industries; prepared animal feed............ 23 0.696 203.0 202.0 1.8 0.7 2.1 1.7 -0.5

Mineral products.................................. V 9.809 222.1 232.4 17.0 -2.5 5.2 -0.2 4.6

Ores, slag and ash (Dec. 2012=100)......... 26 0.542 105.4 109.0 23.9 1.5 2.1 0.3 3.4

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 9.092 212.9 223.1 16.9 -2.8 5.5 -0.2 4.8

Products of the chemical or allied

industries........................................ VI 10.800 136.6 137.5 3.2 0.2 0.2 0.8 0.7

Inorganic chemicals............................. 28 0.740 162.8 165.4 -8.0 0.6 0.4 2.6 1.6

Organic chemicals............................... 29 2.463 136.8 139.0 7.9 -0.2 0.6 0.4 1.6

Pharmaceutical products....................... 30 3.238 105.6 107.7 4.3 0.1 -0.5 0.6 2.0

Fertilizers (Dec. 2016=100).................... 31 0.236 107.8 109.2 9.2 0.0 2.3 0.7 1.3

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.539 101.4 99.8 2.7 2.6 -0.1 -0.5 -1.6

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.840 132.7 129.0 -2.1 -0.3 0.4 0.1 -2.8

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.533 126.7 126.6 8.2 -2.2 0.6 -0.2 -0.1

Miscellaneous chemical products............. 38 1.824 150.3 150.9 3.5 1.2 0.6 2.3 0.4

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.099 139.4 139.3 2.1 1.4 0.4 -0.7 -0.1

Plastics and articles thereof.................... 39 4.227 135.9 135.9 3.3 1.4 0.8 -0.8 0.0

Rubber and articles thereof.................... 40 0.872 153.1 152.5 -3.1 1.5 -1.5 -0.4 -0.4

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.681 103.7 101.7 8.3 2.9 0.8 -0.8 -1.9

Woodpulp, recovered paper, and paper

products......................................... X 2.049 128.2 127.9 2.2 -3.9 6.0 -0.2 -0.2

Woodpulp and recovered paper............... 47 0.638 136.1 135.0 -2.9 -15.6 19.9 0.5 -0.8

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.077 123.7 124.0 5.1 1.7 0.0 -0.6 0.2

Printed material (Dec. 2014=100)............. 49 0.334 105.1 104.5 3.9 0.0 3.5 0.0 -0.6

Textile and textile articles....................... XI 1.660 120.7 122.1 0.9 0.0 0.3 0.5 1.2

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2017 to

January 2018 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan.

2017 to

Jan.

2018

Sept.

2017 to

Oct.

2017

Oct.

2017 to

Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan.

2018

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.441 128.2 132.3 4.8 -1.5 1.9 2.2 3.2

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.815 123.4 123.2 0.7 0.2 -0.1 0.0 -0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.272 101.3 101.2 1.2 0.1 -0.1 0.0 -0.1

Glass and glassware............................ 70 0.416 98.9 98.6 -1.0 0.3 -0.1 0.0 -0.3

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.091 235.0 239.7 7.3 -2.5 0.3 -0.2 2.0

Base metals and articles of base metals. . .. XV 4.883 156.8 159.2 6.8 -0.2 -0.2 0.3 1.5

Iron and steel.................................... 72 1.022 161.4 168.0 7.4 -2.0 -3.9 1.5 4.1

Copper and articles thereof.................... 74 0.569 197.2 204.4 23.0 1.0 2.6 0.8 3.7

Aluminum and articles thereof................. 76 0.966 118.1 118.2 10.6 0.1 2.7 -0.8 0.1

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.319 99.5 99.8 0.0 0.0 0.0 0.0 0.3

Miscellaneous articles of base metal. . . . . . . .. 83 0.339 148.1 149.3 1.1 0.0 0.0 -0.1 0.8

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 27.848 96.8 97.0 1.4 0.5 -0.1 0.2 0.2

Machinery and mechanical appliances;

parts thereof................................... 84 15.915 113.6 113.9 0.8 0.1 -0.2 -0.1 0.3

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.933 78.5 78.8 2.3 1.0 -0.1 0.6 0.4

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.353 133.4 134.0 1.4 0.0 0.0 0.2 0.4

Motor vehicles and their parts................. 87 8.358 115.1 115.5 0.3 -0.1 -0.1 -0.1 0.3

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 5.977 107.8 108.3 2.3 0.7 0.1 0.2 0.5

Miscellaneous manufactured articles......... XX 1.417 112.1 112.4 -0.2 0.1 -0.1 -0.1 0.3

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.826 128.4 128.4 -0.1 0.1 -0.1 0.2 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.428 88.1 89.1 -0.4 0.1 0.0 -0.8 1.1

1 Relative importance figures are based on 2016 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 2017 to January 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan. 2017

to Jan.

2018

Sept. 2017

to Oct.

2017

Oct. 2017

to Nov.

2017

Nov. 2017

to Dec.

2017

Dec. 2017

to Jan.

2018

Industrialized Countries2

.................... 100.000 122.5 124.3 4.7 0.0 1.1 0.6 1.5

Nonmanufacturing........................... 9.104 157.1 168.0 22.2 0.8 8.9 4.2 6.9

Manufacturing................................ 90.404 119.2 120.2 3.0 0.0 0.3 0.2 0.8

Canada.......................................... 100.000 131.7 135.0 8.5 0.6 2.9 1.1 2.5

Nonmanufacturing........................... 24.505 150.6 161.3 22.0 0.7 9.4 4.5 7.1

Manufacturing................................ 74.648 130.1 131.3 4.2 0.7 0.9 -0.2 0.9

European Union3

.............................. 100.000 134.7 135.4 2.4 -0.1 0.3 0.3 0.5

Manufacturing................................ 99.016 131.3 131.9 2.4 -0.1 0.3 0.3 0.5

France (Dec. 2003=100)...................... 100.000 125.9 127.4 5.0 0.3 0.1 0.0 1.2

Germany (Dec. 2003=100)................... 100.000 115.2 111.7 -1.2 0.2 0.0 -0.1 -3.0

United Kingdom (Dec. 2003=100).......... 100.000 119.8 121.1 3.1 0.3 0.7 0.3 1.1

Latin America4

................................. 100.000 149.2 151.3 6.3 0.5 1.2 0.3 1.4

Nonmanufacturing........................... 18.437 256.3 269.7 18.2 -0.8 4.1 1.5 5.2

Manufacturing................................ 81.287 122.2 122.9 3.6 0.8 0.5 0.1 0.6

Mexico (Dec. 2003=100)...................... 100.000 129.3 130.2 5.9 -0.2 0.1 0.2 0.7

Nonmanufacturing (Dec. 2008=100). . . . .. 8.904 136.7 141.8 24.0 -6.1 -2.8 2.7 3.7

Manufacturing (Dec. 2008=100)........... 90.849 89.1 89.4 4.2 0.5 0.5 0.0 0.3

Pacific Rim (Dec. 2003=100)5

............... 100.000 98.4 98.5 0.3 -0.1 0.1 0.0 0.1

China (Dec. 2003=100)....................... 100.000 100.1 100.1 0.2 0.0 0.3 0.0 0.0

Japan............................................ 100.000 95.5 96.1 -0.1 -0.3 0.0 0.0 0.6

Asian NICs6

..................................... 100.000 87.6 87.9 4.1 0.2 -0.3 0.5 0.3

ASEAN (Dec. 2003=100)7

.................... 100.000 98.1 98.5 1.1 0.0 -0.1 0.1 0.4

Asia Near East (Dec. 2003=100)8

........... 100.000 174.0 179.1 13.5 5.2 4.7 2.4 2.9

1 Relative importance figures are based on 2016 trade values.

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

3 European Union countries.

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

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

Countries.

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

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

8 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. international price indexes and percent changes for selected transportation services: January

2017 to January 2018

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20171

Index Percent change

Dec.

2017

Jan.

2018

Annual Monthly

Jan. 2017

to Jan.

2018

Sept.

2017 to

Oct. 2017

Oct. 2017

to Nov.

2017

Nov.

2017 to

Dec.

2017

Dec.

2017 to

Jan. 2018

Air Freight

Import Air Freight.................................... 100.000 181.6 176.1 8.7 -4.3 6.9 -2.9 -3.0

Europe (Dec. 2003=100).......................... 24.049 144.0 144.6 6.4 -3.0 0.5 0.1 0.4

Asia.................................................. 63.701 175.0 166.4 11.2 -5.5 10.5 -4.5 -4.9

Export Air Freight................................... 100.000 167.5 167.8 7.5 5.4 1.8 -1.4 0.2

Europe (Dec. 2006=100).......................... 32.331 148.9 148.3 1.2 1.5 0.0 -0.8 -0.4

Inbound Air Freight................................. 100.000 169.8 169.9 10.6 -2.6 5.5 -0.6 0.1

Europe (Dec. 2003=100).......................... 25.119 131.6 133.0 0.5 -5.1 -1.7 3.4 1.1

Asia.................................................. 61.343 166.7 162.1 15.0 -2.3 9.5 -2.2 -2.8

Outbound Air Freight............................... 100.000 141.1 140.8 0.7 1.0 1.4 -0.9 -0.2

Europe (Dec. 2003=100).......................... 32.870 144.6 144.6 -0.9 0.0 2.6 -2.0 0.0

Asia.................................................. 42.994 136.1 136.4 1.9 0.2 2.1 -0.5 0.2

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 194.0 187.7 2.6 8.8 -2.3 6.5 -3.2

Europe............................................... 41.465 216.8 234.0 8.6 9.9 3.2 -1.0 7.9

Asia.................................................. 24.028 152.0 135.1 0.9 0.3 -4.6 17.6 -11.1

Latin America/Caribbean.......................... 9.871 180.0 156.6 1.2 1.6 4.7 10.8 -13.0

Export Air Passenger Fares....................... 100.000 158.7 167.6 -1.0 3.6 0.5 3.3 5.6

Europe............................................... 29.693 203.5 193.1 -5.4 3.1 1.0 -5.2 -5.1

Asia.................................................. 25.917 134.2 151.0 -2.8 -2.4 2.8 12.5 12.5

Latin America/Caribbean.......................... 24.508 169.4 182.8 4.3 -1.7 2.4 3.4 7.9

1 Relative importance figures are based on 2016 trade values.

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

Dash = Not available

14
15 

TECHNICAL NOTE

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

formula and are not seasonally adjusted. Price indexes 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) include 

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 Indexes - Products have been classified by the Harmonized Tariff Schedule of the United 

States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The 

prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) 

U.S. port transaction prices, depending on the practices of the individual industry. The index for crude 

petroleum is calculated from data collected by the U.S. Department of Energy. 

Export Price Indexes - Products have been classified by the Harmonized Schedule B classification 

system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" 

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

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

Agriculture. 

Services Price Indexes - Starting in September 2008, the import air passenger fares indexes represent 

changes in the average revenue per passenger received by foreign carriers from U.S. residents and are 

calculated from data obtained from an airline consulting service. These data include tickets sold by 

travel agencies and travel websites. Tickets sold directly by the airlines are excluded, as are frequent 

flyer tickets generally. Starting in January 2008, the export air passenger fares indexes represent changes 

in the average revenue per passenger received by U.S. carriers from foreign residents and are calculated 

from data collected directly from airlines. These data include frequent flyer tickets and those sold by 

consolidators. Taxes and fees are included in the import air passenger fares indexes and excluded from 

the export air passenger fares indexes. 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 

represent transactions between U.S. and foreign residents) and international (which represent 

transactions inbound to and outbound from the U.S.). Fact sheets specifying detailed information for 

each services industry are available at www.bls.gov/mxp under "MXP Publications." 
16 

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. 

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. 

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. Merchandise and services indexes also can be used to study U.S. 

competitiveness and to compute price elasticities, and the merchandise import indexes by country or 

region of origin are useful in terms of trade 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. 

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

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