U.S. IMPORT AND EXPORT PRICE INDEXES – JANUARY 2015 

U.S. import prices fell 2.8 percent in January, after declining 1.9 percent in December and 1.8 percent in 

November, the U.S. Bureau of Labor Statistics reported today. Decreasing fuel prices drove each of the 

monthly drops. The price index for U.S. exports decreased 2.0 percent in January, and has not recorded a 

monthly advance since July. 

Chart 1. One-month percent change in the Import Price Index: January 2014 – January 2015 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: January 2014 – January 2015

 Percent change

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Transmission of material in this release is embargoed until 

8:30 a.m. (EST) Friday, February 13, 2015 

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

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

USDL-15-0212
2

All Imports: The price index for U.S. imports declined 2.8 percent in January. The index has not recorded a 

monthly advance since June 2014, and the January drop was the largest 1-month decrease since the index 

fell 4.6 percent in December 2008. U.S. import prices decreased 8.0 percent between January 2014 and 

January 2015, the largest 12-month decline since the index fell 12.0 percent in September 2009. 

Fuel Imports: Fuel prices fell 16.9 percent in January following declines of 11.3-percent in December and 

9.2-percent in October. The January decrease was the largest monthly drop for the index since a 22.2-

percent decline in December 2008. Lower petroleum and natural gas prices, down 17.7 percent and 8.8 

percent, respectively, each contributed to the January decrease in overall fuel prices. The price index for 

import fuel declined 39.0 percent over the past 12 months, the largest year-over-year drop since the index 

fell 41.0 percent between August 2008 and August 2009. In January, the 12-month decline in fuel prices 

was led by a 40.1-percent decrease in petroleum prices and a 29.0-percent drop in natural gas prices. 

All Imports Excluding Fuel: Prices for nonfuel imports fell 0.7 percent in January and have not recorded a 

monthly advance since July 2014. The January decline matches the 0.7-percent drop in January 2009, and 

those were the largest 1-month decreases since the index fell 1.1 percent in December 2008. Decreases in 

prices for each of the major finished goods categories; nonfuel industrial supplies and materials; and foods, 

feeds, and beverages all contributed to the overall decline in nonfuel import prices. The price index for 

nonfuel imports decreased 0.9 percent for the year ended in January. 

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 2014 – January 2015 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: January 2014 – January 2015 

 Percent change

All Exports: U.S. export prices declined 2.0 percent in January after declines of 1.0-percent in December 

and 0.9-percent in both November and October. The January drop matched a 2.0-percent decline in October 

2011, the largest monthly decrease since the index fell 2.2 percent in December 2008. Both agricultural and 

nonagricultural prices contributed to the overall drop in January. The price index for overall exports fell 5.4 

percent over the past 12 months, the largest year-over-year decline since the index decreased 5.6 percent in 

September 2009. 

Agricultural Exports: Agricultural prices decreased 1.2 percent in January, after a 0.7-percent decline in 

December. The January drop was driven by a 3.2-percent decrease in meat prices, a 6.8-percent fall in wheat 

prices, and a 3.4-percent drop in fruit prices. Prices for overall agricultural exports declined 6.3 percent for 

the year ended in January, led by lower prices for soybeans and corn. 

All Exports Excluding Agriculture: The price index for nonagricultural exports decreased 2.1 percent in 

January following declines of 1.0-percent in both December and November. The drop in January was the 

largest 1-month decrease since the index fell 2.8 percent in November 2008. The January decrease was 

driven by a sharp drop in nonagricultural industrial supplies and materials prices, although lower prices for 

consumer goods and automotive vehicles also contributed to the overall decline. Nonagricultural prices fell 

5.3 percent over the past year. 

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4

SELECTED JANUARY HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Import prices from China fell 0.3 percent in January, after recording no 

change in each of the previous 4 months. The decline was the largest monthly drop since the index fell 0.6 

percent in May 2013. Prices for imports from Japan decreased 0.7 percent in January following a 0.5-

percent decline in December. The January decrease was the largest 1-month drop since the index fell 0.8 

percent in April 2013. The price indexes for imports from Canada, the European Union, and Mexico also 

decreased in January led by lower fuel prices. Import prices from Canada fell 4.8 percent for the month, 

while prices for imports from the European Union and Mexico decreased 1.0 percent and 2.1 percent, 

respectively. 

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 1.2 

percent in January, the largest monthly decline since a 1.7-percent drop in July 2013. The January decrease 

was driven by a 2.2-percent decline in chemicals prices and a 1.9-percent drop in unfinished metals prices. 

 

Finished Goods: Each of the major finished goods categories declined in January. Capital goods prices 

decreased 0.4 percent, the largest 1-month drop since the index fell 0.5 percent in March 2009. Lower prices 

for industrial service machinery and computers, peripherals, and semiconductors led the January decline. 

Consumer goods prices decreased 0.3 percent in January, while prices for automotive vehicles fell 0.5 

percent. 

 

Foods, Feeds, and Beverages: The price index for foods, feeds, and beverages decreased 2.2 percent, after 

rising 0.7 percent the previous month. The January decline was led by a 17.0-percent downturn in vegetable 

prices. 

Transportation Services: Import air passenger fares fell 6.8 percent in January following a 7.9-percent 

increase the previous month. The January drop was led by a 14.4-percent decline in Asian fares and was the 

largest monthly decrease since a 7.9-percent decline in August 2013. The index for import air passenger 

fares rose 2.3 percent over the past year. Import air freight prices ticked up 0.1 percent in January, the first 

advance since the index increased 0.3 percent in August 2014. Prices for import air freight fell 5.6 percent 

for the year ended in January. 

Export Prices 

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 

materials declined 6.1 percent in January, after decreasing 3.1 percent the previous month. The January drop 

was the largest monthly decline since the index fell 8.3 percent in November 2008, and was led by an 18.0-

percent drop in fuel prices. 

 

Finished Goods: Consumer goods prices fell 0.8 percent in January, driven by a 3.2-percent decrease in the 

price index for medicinal, dental, and pharmaceutical materials. In January, automotive vehicle prices edged 

down 0.1 percent, while prices for capital goods ticked up 0.1 percent. 

Transportation Services: Export air passenger fares rose 1.1 percent in January, after increasing 7.8 

percent in December. Despite the recent advances, the index for export air passenger fares declined 3.8 

percent for the year ended in January. Prices for export air freight increased 3.0 percent in January following 

a 1.7-percent decline the previous month. The January advance was the largest 1-month rise since the index 

increased 5.8 percent in May 2014. Export air freight prices rose 6.4 percent over the past 12 months. 

 

Import and Export Price Index data for February 2015 are scheduled for release on Thursday, March 

12, 2015 at 8:30 a.m. (EDT). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to

January 2015

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

All commodities................................... 100.000 130.9 127.2 -8.0 -1.4 -1.8 -1.9 -2.8

All imports excluding food and fuels (Dec.

2010=100)........................................ 80.615 101.6 101.0 -1.1 -0.2 -0.3 -0.1 -0.6

All imports excluding petroleum.............. 87.448 115.1 114.3 -1.2 -0.2 -0.3 0.0 -0.7

All imports excluding fuels (Dec.

2001=100)........................................ 86.508 119.0 118.2 -0.9 -0.1 -0.3 -0.1 -0.7

Foods, feeds, & beverages................... 0 5.893 182.2 178.2 0.7 1.1 -0.5 0.7 -2.2

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.588 201.7 196.4 2.3 1.2 -0.4 1.3 -2.6

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.305 137.7 136.8 -4.5 0.5 -1.1 -1.6 -0.7

Industrial supplies & materials.............. 1 27.066 204.0 185.5 -23.9 -4.3 -5.6 -6.4 -9.1

Industrial supplies & materials excluding

petroleum.................................... 14.514 158.2 155.6 -4.1 -0.6 -0.8 0.1 -1.6

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.574 176.9 174.7 -2.3 -0.7 -0.8 -0.4 -1.2

Industrial supplies & materials, durable. . .. 8.052 164.2 162.7 -1.9 -1.8 -1.2 -0.1 -0.9

Industrial supplies & materials nondurable

excluding petroleum....................... 5.522 150.5 146.7 -6.6 0.9 -0.4 0.5 -2.5

Fuels & lubricants............................. 10 13.493 240.1 199.5 -39.0 -6.8 -9.2 -11.3 -16.9

Petroleum & petroleum products......... 100 12.553 260.6 214.4 -40.1 -7.2 -9.7 -12.4 -17.7

Crude........................................ 10000 9.099 264.8 220.8 -39.8 -6.7 -10.1 -13.6 -16.6

Fuels, n.e.s.-coals & gas.................. 101 0.749 138.2 127.7 -25.1 -1.1 -1.7 8.6 -7.6

Gas-natural.................................. 10110 0.590 126.7 115.5 -29.0 -1.1 -2.0 10.7 -8.8

Paper & paper base stocks.................. 11 0.579 112.8 112.1 -1.1 -0.3 -0.2 0.1 -0.6

Materials associated with nondurable

supplies & materials....................... 12 5.013 168.1 164.7 -3.2 1.0 -0.3 -0.8 -2.0

Selected building materials.................. 13 1.182 140.6 140.8 -1.2 -0.7 -0.6 -0.1 0.1

Unfinished metals related to durable

goods........................................ 14 3.495 228.9 224.6 -4.0 -3.5 -2.1 0.0 -1.9

Finished metals related to durable

goods........................................ 15 1.674 156.9 155.9 0.1 -0.1 -0.8 -0.1 -0.6

Nonmetals related to durable goods. . . . . .. 16 1.631 111.5 112.0 0.7 -0.3 -0.2 -0.3 0.4

Capital goods................................... 2 26.613 92.0 91.6 -1.0 -0.1 -0.2 -0.1 -0.4

Electric generating equipment............... 20 3.258 120.1 119.7 0.4 -0.2 0.0 -0.1 -0.3

Nonelectrical machinery...................... 21 21.036 84.5 84.1 -1.3 -0.1 -0.2 -0.1 -0.5

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.320 136.8 136.9 0.6 -0.1 0.1 0.1 0.1

Automotive vehicles, parts & engines..... 3 14.833 112.6 112.0 -1.1 0.0 0.0 0.0 -0.5

Consumer goods, excluding

automotives.................................. 4 25.595 107.9 107.6 -0.4 -0.2 -0.1 -0.1 -0.3

Nondurables, manufactured................. 40 12.135 119.0 118.5 0.6 0.0 0.1 0.1 -0.4

Durables, manufactured...................... 41 12.037 96.7 96.5 -1.4 -0.4 0.0 -0.3 -0.2

Nonmanufactured consumer goods. . . . . . .. 42 1.423 119.0 119.1 0.5 0.0 -0.5 -1.2 0.1

1 Relative importance figures are based on 2013 trade values.

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

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to

January 2015

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

All commodities................................... 100.000 128.2 125.6 -5.4 -0.9 -0.9 -1.0 -2.0

Agricultural commodities....................... 9.396 201.7 199.2 -6.3 -2.2 0.1 -0.7 -1.2

All exports excluding food and fuels (Dec.

2010=100)........................................ 82.480 101.3 100.9 -1.0 -0.3 -0.4 -0.2 -0.4

Nonagricultural commodities.................. 90.604 122.8 120.2 -5.3 -0.7 -1.0 -1.0 -2.1

Foods, feeds, & beverages................... 0 8.731 203.8 200.5 -5.6 -2.1 0.1 -0.9 -1.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.077 206.1 202.1 -6.3 -2.3 0.2 -0.9 -1.9

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.654 186.2 191.4 3.6 -0.4 -1.8 -1.1 2.8

Industrial supplies & materials.............. 1 32.004 162.5 153.2 -14.7 -2.0 -2.6 -2.9 -5.7

Industrial supplies & materials, durable. . .. 11.100 164.9 164.4 -3.5 -1.4 -1.7 -0.1 -0.3

Industrial supplies & materials,

nondurable.................................. 20.903 162.0 148.1 -20.2 -2.3 -3.0 -4.4 -8.6

Agricultural industrial supplies &

materials..................................... 10 1.319 182.3 188.5 -6.4 -1.9 -0.3 0.5 3.4

Nonagricultural industrial supplies &

materials...................................... 30.685 161.9 152.1 -15.0 -2.1 -2.6 -3.1 -6.1

Fuels & lubricants............................. 11 8.789 204.1 167.4 -38.1 -4.6 -6.2 -9.0 -18.0

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 20.891 161.5 159.3 -3.7 -0.9 -1.3 -0.7 -1.4

Selected building materials.................. 13 1.005 121.2 121.6 -5.5 -0.2 0.3 -0.4 0.3

Capital goods................................... 2 36.943 107.3 107.4 0.8 0.0 -0.1 0.1 0.1

Electrical generating equipment............. 20 3.772 115.4 115.2 0.2 -0.5 0.1 -0.1 -0.2

Nonelectrical machinery...................... 21 25.344 95.2 95.3 0.0 -0.2 -0.1 0.0 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 7.826 158.4 159.2 3.9 0.9 0.0 0.3 0.5

Automotive vehicles, parts & engines..... 3 9.957 114.1 114.0 0.3 0.2 0.0 -0.1 -0.1

Consumer goods, excluding

automotives.................................. 4 12.365 114.2 113.3 -1.4 -0.4 -0.3 -0.2 -0.8

Nondurables, manufactured................. 40 5.559 111.5 109.6 -2.6 -0.5 -0.5 0.5 -1.7

Durables, manufactured...................... 41 5.225 111.1 110.8 -1.4 -0.3 -0.2 0.0 -0.3

1 Relative importance figures are based on 2013 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to

January 2015

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Nonmanufactured articles...................... 12.051 125.0 107.5 -34.3 -5.0 -8.7 -10.2 -14.0

Agriculture, forestry, fishing and

hunting........................................ 11 2.071 186.2 177.4 1.8 4.0 -1.8 2.4 -4.7

Crop production............................... 111 1.667 197.7 186.1 3.7 5.4 -2.2 3.5 -5.9

Animal production (Dec. 2014=100)........ 112 0.234 100.0 97.6 – – – – -2.4

Forestry and logging (Dec. 2012=100)..... 113 0.112 68.1 68.4 -25.5 -5.0 -1.3 0.3 0.4

Mining............................................ 21 9.980 118.0 99.3 -38.8 -6.2 -9.6 -12.1 -15.8

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.237 117.9 115.8 -6.7 -3.4 -0.2 -0.1 -1.8

Manufactured articles............................ 87.617 114.3 112.7 -2.8 -0.6 -0.5 -0.5 -1.4

Manufactured goods, part 1................. 31 11.567 126.1 125.6 0.8 -0.2 -0.2 -0.2 -0.4

Food manufacturing.......................... 311 3.301 159.5 157.6 -0.1 -0.6 -0.7 -0.4 -1.2

Beverage and tobacco product

manufacturing............................... 312 1.033 117.3 117.4 2.2 -0.1 0.0 -0.1 0.1

Textile mills (Dec. 2011=100)............... 313 0.394 103.1 102.6 0.5 0.7 -0.1 -0.2 -0.5

Textile product mills.......................... 314 0.857 113.7 113.7 -0.8 -0.2 0.2 -0.4 0.0

Apparel manufacturing....................... 315 4.173 112.1 112.0 1.3 0.0 0.1 0.0 -0.1

Leather and allied product

manufacturing............................... 316 1.808 124.0 124.2 1.8 0.2 0.0 0.1 0.2

Manufactured goods, part 2................. 32 17.640 129.1 122.9 -10.2 -1.9 -1.7 -1.9 -4.8

Wood product manufacturing................ 321 0.716 119.8 120.2 -1.6 -1.1 -0.9 0.1 0.3

Paper manufacturing......................... 322 1.079 111.3 111.0 0.2 -0.2 0.0 0.4 -0.3

Petroleum and coal products

manufacturing............................... 324 3.226 118.0 93.5 -40.4 -10.0 -8.0 -8.7 -20.8

Chemical manufacturing..................... 325 9.358 137.3 134.9 -1.5 0.9 -0.1 -0.4 -1.7

Plastics and rubber products

manufacturing............................... 326 2.132 121.9 121.2 -1.9 0.0 0.2 -0.1 -0.6

Nonmetallic mineral product

manufacturing............................... 327 0.929 130.1 130.2 0.0 0.2 0.1 -0.5 0.1

Manufactured goods, part 3................. 33 58.411 107.1 106.6 -1.1 -0.4 -0.2 -0.2 -0.5

Primary metal manufacturing................ 331 4.190 152.4 149.8 -2.9 -2.6 -1.7 -0.2 -1.7

Fabricated metal product manufacturing... 332 2.909 127.3 126.9 0.5 0.2 -0.3 -0.2 -0.3

Machinery manufacturing.................... 333 6.956 120.2 119.8 -1.5 -0.5 -0.1 -0.2 -0.3

Computer and electronic product

manufacturing............................... 334 17.147 79.2 78.8 -1.9 -0.1 -0.1 -0.3 -0.5

Electrical equipment, appliance, and

component manufacturing................. 335 4.538 119.0 118.6 0.1 -0.2 0.3 -0.3 -0.3

Transportation equipment manufacturing... 336 15.886 111.3 110.9 -0.7 0.0 0.0 -0.1 -0.4

Furniture and related product

manufacturing............................... 337 1.510 116.1 116.2 1.1 -0.1 0.0 -0.4 0.1

Miscellaneous manufacturing............... 339 5.273 120.9 120.6 -0.4 -0.5 -0.1 -0.4 -0.2

1 Relative importance figures are based on 2013 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to

January 2015

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Nonmanufactured articles...................... 6.902 147.0 140.9 -16.5 -3.6 2.2 0.6 -4.1

Agriculture, forestry, fishing and

hunting........................................ 11 4.304 172.0 171.7 -11.4 -4.5 2.0 0.4 -0.2

Crop production............................... 111 4.073 178.8 178.2 -10.9 -4.8 2.2 0.5 -0.3

Mining............................................ 21 2.598 90.0 80.3 -25.2 -1.8 2.7 1.1 -10.8

Mining (except oil and gas).................. 212 1.256 95.0 92.9 -8.3 -1.6 -0.1 -0.9 -2.2

Manufactured articles............................ 91.431 117.0 114.9 -4.5 -0.7 -1.0 -1.1 -1.8

Manufactured goods, part 1................. 31 7.311 151.3 149.2 -1.5 -0.6 -1.0 -1.4 -1.4

Food manufacturing.......................... 311 5.122 175.0 171.2 -1.2 -0.5 -1.5 -1.8 -2.2

Beverage and tobacco product

manufacturing............................... 312 0.580 113.3 116.8 -3.9 -2.4 3.7 1.3 3.1

Manufactured goods, part 2................. 32 25.018 120.6 112.7 -15.6 -1.9 -2.6 -3.6 -6.6

Paper manufacturing......................... 322 1.857 126.0 124.6 1.0 0.4 0.0 0.2 -1.1

Petroleum and coal products

manufacturing............................... 324 6.048 121.5 96.1 -44.2 -5.8 -8.0 -11.9 -20.9

Chemical manufacturing..................... 325 13.356 124.6 121.2 -5.4 -0.7 -0.9 -1.1 -2.7

Plastics and rubber products

manufacturing............................... 326 2.182 118.4 118.9 -0.1 -0.2 -0.2 -0.3 0.4

Nonmetallic mineral product

manufacturing............................... 327 0.798 112.2 112.5 0.4 -0.1 0.1 0.2 0.3

Manufactured goods, part 3................. 33 59.101 112.4 112.4 0.2 -0.2 -0.3 0.1 0.0

Primary metal manufacturing................ 331 4.732 142.6 142.5 -1.5 -2.6 -2.2 0.8 -0.1

Fabricated metal product manufacturing... 332 2.901 128.3 129.4 -1.7 0.1 -0.2 0.3 0.9

Machinery manufacturing.................... 333 11.107 124.3 124.5 1.0 0.0 0.2 0.1 0.2

Computer and electronic product

manufacturing............................... 334 13.989 86.7 86.6 -1.5 -0.5 -0.3 0.0 -0.1

Electrical equipment, appliance, and

component manufacturing................. 335 3.647 114.8 115.1 0.8 0.3 -0.1 -0.1 0.3

Transportation equipment manufacturing... 336 16.888 120.7 120.8 1.9 0.5 0.0 0.1 0.1

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.371 109.6 110.3 2.5 0.5 0.0 0.4 0.6

Miscellaneous manufacturing............... 339 5.467 124.0 123.4 0.2 -0.3 0.2 -0.9 -0.5

1 Relative importance figures are based on 2013 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to

January 2015

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Live animals; animal products................. I 1.364 197.8 194.2 0.5 0.0 -1.1 -1.7 -1.8

Meat and edible meat offal..................... 02 0.325 253.6 245.5 9.2 -2.9 -1.5 -3.5 -3.2

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.692 136.8 135.5 -8.7 1.1 -1.8 -1.8 -1.0

Vegetable products............................... II 1.991 214.0 200.9 -0.6 4.3 -1.8 4.7 -6.1

Edible vegetables, roots, and tubers.......... 07 0.555 489.7 383.3 -4.4 19.3 -7.3 18.6 -21.7

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.471 97.5 101.0 -8.7 -4.2 4.5 -2.1 3.6

Coffee, tea, mate and spices.................. 09 0.386 261.3 265.0 20.5 3.9 -2.2 1.2 1.4

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.267 109.0 110.5 -2.0 1.4 -0.4 -2.8 1.4

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.703 162.5 161.8 1.8 -0.4 -0.6 0.4 -0.4

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.180 91.7 91.5 6.8 -0.6 0.0 1.8 -0.2

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.238 110.0 112.2 11.2 1.5 -6.6 -0.8 2.0

Preparations of cereals, flour, starch or milk;

bakers’ wares (Dec. 2007=100)............. 19 0.270 133.6 134.0 2.1 0.5 -0.1 0.0 0.3

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.338 167.3 164.4 -0.1 -1.9 0.7 0.6 -1.7

Beverages, spirits, and vinegar................ 22 1.008 127.8 127.7 1.7 0.0 -0.1 -0.1 -0.1

Mineral products.................................. V 13.369 241.4 200.8 -38.8 -7.0 -9.2 -11.3 -16.8

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 13.114 238.4 197.7 -39.2 -7.1 -9.3 -11.5 -17.1

Products of the chemical or allied

industries........................................ VI 8.548 152.1 148.7 -2.0 0.5 -0.1 -0.3 -2.2

Inorganic chemicals............................. 28 0.723 338.7 318.8 3.3 6.2 2.5 -0.5 -5.9

Organic chemicals............................... 29 2.513 131.7 122.8 -10.2 -0.7 -0.6 -1.3 -6.8

Pharmaceutical products....................... 30 3.294 134.3 135.8 2.3 -0.1 -0.1 0.3 1.1

Fertilizers (Dec. 2009=100).................... 31 0.387 116.8 116.8 7.0 7.6 -1.5 1.5 0.0

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.209 105.3 104.4 4.5 0.7 -0.2 -0.5 -0.9

Miscellaneous chemical products............. 38 0.537 91.7 90.6 -3.1 -0.4 -0.6 -0.5 -1.2

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.355 146.0 145.0 -2.8 0.2 0.1 -0.3 -0.7

Plastics and articles thereof.................... 39 2.168 149.4 149.5 0.1 0.7 0.1 -0.7 0.1

Rubber and articles thereof.................... 40 1.187 141.6 138.7 -7.9 -0.6 0.1 0.4 -2.0

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.691 128.0 128.3 0.9 0.0 -0.1 0.2 0.2

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.643 130.4 130.7 1.6 0.0 -0.1 0.2 0.2

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.741 145.2 145.6 -1.8 -0.9 -0.9 0.0 0.3

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.705 100.0 100.2 – – – – 0.2

Woodpulp, recovered paper, and paper

products......................................... X 1.122 113.3 113.1 -0.8 -0.3 0.0 0.3 -0.2

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.745 106.9 107.1 -0.3 0.0 -0.2 0.1 0.2

Textile and textile articles....................... XI 5.269 114.9 114.8 0.7 0.0 0.1 -0.2 -0.1

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to

January 2015 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.099 104.0 103.9 1.2 0.0 0.1 0.0 -0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.888 120.3 120.3 1.3 -0.1 0.2 -0.1 0.0

Made-up or worn textile articles............... 63 0.618 107.6 107.4 -0.6 -0.3 0.2 -0.1 -0.2

Headgear, umbrellas, artifical flowers, etc... XII 1.432 122.7 122.7 1.4 0.2 0.0 0.1 0.0

Footwear and parts of such articles........... 64 1.247 122.0 122.1 1.6 0.2 0.0 0.1 0.1

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.865 132.6 132.4 -0.6 0.0 0.1 -0.5 -0.2

Ceramic products................................ 69 0.260 139.3 138.6 -1.6 0.1 -0.1 -1.6 -0.5

Glass and glassware............................ 70 0.302 129.2 129.1 -0.8 0.0 -0.2 -0.1 -0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.953 172.9 173.6 -1.6 -3.2 -2.2 0.3 0.4

Base metals and articles of base metals. . .. XV 5.454 180.6 177.7 -1.5 -0.9 -0.7 -0.7 -1.6

Iron and steel.................................... 72 1.244 217.3 212.6 -2.8 -0.6 -1.4 -1.1 -2.2

Articles of iron or steel.......................... 73 1.665 153.7 152.8 0.1 0.3 -0.5 -0.8 -0.6

Copper and articles thereof.................... 74 0.479 312.3 301.5 -12.6 -2.2 -1.6 -1.0 -3.5

Aluminum and articles thereof................. 76 0.764 142.0 138.2 2.5 -1.7 1.1 -1.4 -2.7

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.429 129.1 128.8 -0.2 0.0 0.0 0.1 -0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.498 138.1 137.9 1.4 -0.2 0.0 0.0 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.834 83.7 83.4 -1.3 -0.1 -0.2 -0.2 -0.4

Machinery and mechanical appliances;

parts thereof................................... 84 14.655 89.0 88.6 -1.0 -0.1 -0.1 -0.1 -0.4

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 14.179 78.7 78.4 -1.8 -0.3 -0.4 -0.3 -0.4

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 13.298 115.5 115.1 -0.8 0.2 0.0 -0.1 -0.3

Motor vehicles and their parts................. 87 12.021 114.2 113.8 -0.8 0.2 0.0 -0.1 -0.4

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.187 120.2 120.2 -0.2 0.0 0.0 0.0 0.0

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.743 104.0 103.4 -1.1 -0.5 0.0 0.0 -0.6

Optical, photographic, measuring and

medical instruments.......................... 90 3.431 100.8 100.2 -1.2 -0.4 -0.2 0.1 -0.6

Clocks and watches and parts thereof. . . . . .. 91 0.252 143.3 142.3 -1.2 -1.4 1.7 -0.1 -0.7

Miscellaneous manufactured articles......... XX 3.899 114.1 113.8 0.6 0.0 0.1 0.1 -0.3

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.351 118.8 118.8 1.5 0.0 0.3 0.1 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.301 105.8 104.9 -0.5 -0.1 0.1 0.1 -0.9

Miscellaneous manufactured articles. . . . . . . .. 96 0.248 134.7 135.3 -0.4 0.7 -0.7 -0.1 0.4

1 Relative importance figures are based on 2013 trade values.

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

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to

January 2015

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Live animals; animal products................. I 2.124 229.9 220.3 -0.9 0.1 -2.3 -5.3 -4.2

Meat & edible meat offal (Dec. 2006=100)... 02 1.295 185.6 178.5 7.9 1.2 -1.3 -5.1 -3.8

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.382 203.8 207.3 4.3 -1.5 -1.5 -1.4 1.7

Vegetable products............................... II 4.165 225.6 223.1 -9.3 -3.4 2.0 1.3 -1.1

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 1.179 188.8 184.8 -1.6 10.0 -5.4 5.0 -2.1

Cereals............................................ 10 1.121 227.7 219.5 -7.6 -5.6 6.3 3.4 -3.6

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.451 221.8 224.9 -15.6 -12.3 6.0 -2.8 1.4

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.214 104.6 104.9 -8.5 -1.7 -1.5 0.7 0.3

Prepared foodstuffs, beverages,and

tobacco........................................... IV 3.014 162.5 162.2 -2.3 -1.2 -0.1 0.7 -0.2

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.368 117.5 118.5 3.0 0.0 -0.2 0.0 0.9

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.474 110.8 110.2 -1.6 -0.7 2.0 -1.2 -0.5

Residues and waste from the food

industries; prepared animal feed............ 23 0.746 243.5 244.7 -7.1 -4.0 -0.3 5.0 0.5

Mineral products.................................. V 8.678 236.2 194.8 -38.6 -4.8 -5.6 -8.7 -17.5

Ores, slag and ash (Dec. 2012=100)......... 26 0.509 93.4 89.8 -4.5 -2.4 -0.1 -2.1 -3.9

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 7.987 229.7 186.5 -40.9 -5.0 -6.0 -9.4 -18.8

Products of the chemical or allied

industries........................................ VI 10.825 146.4 142.6 -5.2 -0.8 -0.8 -0.7 -2.6

Inorganic chemicals............................. 28 0.819 173.5 173.0 -1.1 0.8 -0.4 1.1 -0.3

Organic chemicals............................... 29 3.038 154.6 142.6 -12.7 -2.2 -1.7 -3.8 -7.8

Pharmaceutical products....................... 30 2.582 114.5 112.9 -4.2 -0.9 -0.7 0.8 -1.4

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.750 133.0 136.4 0.5 0.0 -0.2 0.0 2.6

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.479 116.8 116.8 -3.8 0.3 -1.0 -0.1 0.0

Miscellaneous chemical products............. 38 1.871 154.0 151.5 -3.7 0.2 -0.2 0.7 -1.6

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.231 148.6 146.8 -1.7 -0.1 -1.0 -0.5 -1.2

Plastics and articles thereof.................... 39 4.271 144.1 142.2 -1.3 0.0 -0.8 -0.6 -1.3

Rubber and articles thereof.................... 40 0.960 167.3 166.1 -3.6 -0.1 -1.7 -0.7 -0.7

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.446 153.0 149.8 -1.3 -0.9 -1.3 -3.0 -2.1

Raw hides and skins other than furskins

and leather (Dec.2014=100)................. 41 0.280 100.0 97.1 – – – – -2.9

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.617 100.0 101.0 – – – – 1.0

Woodpulp, recovered paper, and paper

products......................................... X 2.223 126.0 124.8 1.1 0.4 -0.2 0.3 -1.0

Woodpulp and recovered paper............... 47 0.634 129.7 127.3 -0.2 -0.5 -0.2 0.5 -1.9

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.190 124.9 124.0 1.6 0.9 -0.2 0.2 -0.7

Printed material (Dec. 2014=100)............. 49 0.399 100.0 100.3 – – – – 0.3

Textile and textile articles....................... XI 1.769 124.6 123.6 -8.4 -1.2 -1.2 -1.0 -0.8

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to

January 2015 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan.

2014 to

Jan.

2015

Sept.

2014 to

Oct.

2014

Oct.

2014 to

Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan.

2015

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.453 121.4 119.6 -20.8 -2.5 -2.7 -2.6 -1.5

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.786 120.3 122.6 3.3 -0.1 0.1 0.2 1.9

Glass and glassware............................ 70 0.411 98.9 99.7 2.0 -0.2 0.1 0.4 0.8

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.684 236.7 236.2 -1.1 -2.6 -2.4 0.4 -0.2

Base metals and articles of base metals. . .. XV 5.296 159.9 158.0 -5.3 -0.6 -0.9 -0.7 -1.2

Iron and steel.................................... 72 1.296 178.9 178.8 -6.1 2.5 -3.2 -2.5 -0.1

Copper and articles thereof.................... 74 0.533 201.8 194.2 -18.6 -8.4 0.2 -2.3 -3.8

Aluminum and articles thereof................. 76 0.918 124.7 120.7 0.1 -1.2 0.1 0.1 -3.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.322 147.1 147.7 0.6 0.0 0.0 0.0 0.4

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.220 97.2 97.3 0.3 0.0 -0.1 0.0 0.1

Machinery and mechanical appliances;

parts thereof................................... 84 16.903 113.1 113.4 1.4 0.4 0.0 -0.2 0.3

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.317 79.9 79.8 -1.4 -0.6 -0.1 0.1 -0.1

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.099 130.2 130.4 1.0 0.1 0.0 0.1 0.2

Motor vehicles and their parts................. 87 8.819 115.2 115.1 0.3 0.2 -0.1 0.0 -0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.043 107.6 107.4 0.0 -0.2 -0.2 0.0 -0.2

Miscellaneous manufactured articles......... XX 1.440 110.8 110.9 0.5 0.5 -0.4 0.1 0.1

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.816 122.5 122.7 1.0 1.0 -0.7 0.1 0.2

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.466 89.6 89.7 0.0 0.1 0.0 0.0 0.1

1 Relative importance figures are based on 2013 trade values.

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

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: January 2014 to January 2015

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan. 2014

to Jan.

2015

Sept. 2014

to Oct.

2014

Oct. 2014

to Nov.

2014

Nov. 2014

to Dec.

2014

Dec. 2014

to Jan.

2015

Industrialized Countries2

.................... 100.000 126.6 123.4 -5.8 -1.0 -1.2 -1.4 -2.5

Nonmanufactured articles................... 10.008 181.2 156.9 -30.8 -4.5 -7.5 -10.4 -13.4

Manufactured articles........................ 89.476 121.9 120.4 -2.3 -0.4 -0.3 -0.3 -1.2

Other Countries3

.............................. 100.000 129.0 125.3 -8.9 -1.4 -2.1 -2.0 -2.9

Nonmanufactured articles................... 13.211 252.7 217.0 -35.7 -5.5 -9.0 -10.4 -14.1

Manufactured articles........................ 86.577 108.1 106.9 -2.7 -0.5 -0.5 -0.3 -1.1

Canada.......................................... 100.000 138.1 131.5 -12.3 -1.7 -3.0 -3.7 -4.8

Nonmanufactured articles................... 26.759 174.2 150.6 -31.3 -4.6 -7.5 -10.9 -13.5

Manufactured articles........................ 72.448 132.5 130.5 -3.6 -0.4 -1.0 -0.7 -1.5

European Union4

.............................. 100.000 137.1 135.7 -1.3 -0.3 0.4 -0.4 -1.0

Manufactured articles........................ 99.307 133.4 132.1 -1.3 -0.3 0.5 -0.4 -1.0

France (Dec. 2003=100)...................... 100.000 122.8 123.2 0.3 0.2 -0.1 -0.3 0.3

Germany (Dec. 2003=100)................... 100.000 118.0 117.9 -0.5 0.5 -0.4 -0.4 -0.1

United Kingdom (Dec. 2003=100).......... 100.000 127.3 126.0 -2.7 -0.8 -2.8 0.1 -1.0

Latin America5

................................. 100.000 155.9 150.1 -12.6 -1.7 -2.6 -3.3 -3.7

Nonmanufactured articles................... 20.665 264.3 229.2 -36.0 -4.6 -8.7 -11.5 -13.3

Manufactured articles........................ 78.965 127.8 126.2 -3.7 -0.6 -0.3 -0.6 -1.3

Mexico (Dec. 2003=100)...................... 100.000 134.9 132.1 -6.4 -1.1 -1.2 -1.7 -2.1

Nonmanufactured articles (Dec.

2008=100).................................. 11.690 146.7 126.0 -34.0 -4.0 -7.7 -11.0 -14.1

Manufactured articles (Dec. 2008=100). .. 88.025 92.3 91.8 -1.3 -0.4 0.0 -0.1 -0.5

Pacific Rim (Dec. 2003=100)6

............... 100.000 101.8 101.3 -1.7 0.1 -0.2 -0.2 -0.5

China (Dec. 2003=100)....................... 100.000 103.7 103.4 -0.3 0.0 0.0 0.0 -0.3

Japan............................................ 100.000 97.9 97.2 -1.9 0.0 -0.1 -0.5 -0.7

Asian NICs7..................................... 100.000 88.3 88.1 -1.7 -0.1 -0.2 -0.3 -0.2

ASEAN (Dec. 2003=100)8.................... 100.000 101.7 100.6 -3.9 0.2 -0.5 0.0 -1.1

Asia Near East (Dec. 2003=100)9

........... 100.000 208.5 185.7 -27.6 -6.4 -6.7 -8.4 -10.9

1 Relative importance figures are based on 2013 trade values.

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

3 Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.

4 European Union countries.

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

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

Countries.

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

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

9 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.

Dash = Not available

13
Table 8. U.S. international price indexes and percent changes for selected transportation services: January

2014 to January 2015

[2000=100, unless otherwise noted]

Description

Relative

importance

Dec.

20141

Index Percent change

Dec.

2014

Jan.

2015

Annual Monthly

Jan. 2014

to Jan.

2015

Sept.

2014 to

Oct. 2014

Oct. 2014

to Nov.

2014

Nov.

2014 to

Dec.

2014

Dec.

2014 to

Jan. 2015

Air Freight

Import Air Freight.................................... 100.000 167.1 167.3 -5.6 -1.4 -1.3 -1.7 0.1

Europe (Dec. 2003=100).......................... 27.659 166.6 162.0 -11.2 -1.9 -1.4 -2.3 -2.8

Asia.................................................. 66.986 145.3 147.2 -3.5 -1.3 -1.4 -1.6 1.3

Export Air Freight................................... 100.000 155.8 160.5 6.4 -0.4 -0.2 -1.7 3.0

Europe (Dec. 2006=100).......................... 34.802 141.1 147.4 8.9 0.0 -0.1 -1.3 4.5

Inbound Air Freight................................. 100.000 158.7 160.4 -2.3 -0.9 -0.7 -1.9 1.1

Europe (Dec. 2003=100).......................... 27.132 150.2 148.3 -7.3 -1.3 -1.4 -2.0 -1.3

Asia.................................................. 59.725 142.1 145.1 -0.5 -0.7 -0.7 -2.1 2.1

Outbound Air Freight............................... 100.000 152.2 151.2 2.2 0.0 -0.2 -0.3 -0.7

Europe (Dec. 2003=100).......................... 33.074 172.1 170.6 2.9 0.1 0.0 0.0 -0.9

Asia.................................................. 44.068 143.8 141.9 1.1 0.0 -0.2 -0.6 -1.3

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 215.7 201.1 2.3 2.4 1.0 7.9 -6.8

Europe............................................... 43.188 228.3 235.4 8.6 2.3 2.8 0.8 3.1

Asia.................................................. 26.295 172.3 147.5 -6.9 1.4 -0.9 16.2 -14.4

Latin America/Caribbean.......................... 10.095 186.2 165.3 -1.7 4.5 -1.6 10.6 -11.2

Export Air Passenger Fares....................... 100.000 187.6 189.7 -3.8 -3.0 -5.0 7.8 1.1

Europe............................................... 28.829 228.4 211.9 0.8 -1.1 -6.4 5.4 -7.2

Asia.................................................. 27.899 163.0 167.3 -8.2 -3.3 0.8 7.0 2.6

Latin America/Caribbean.......................... 23.440 197.9 195.9 -9.2 0.2 -1.9 9.5 -1.0

1 Relative importance figures are based on 2013 trade values.

NOTES: Data may be revised in each of the three 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 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 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 PPI (Producer Price 

Index) 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 Index and excluded 

from the Export Air Passenger Fares Index. 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 http://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. 

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 to compute price elasticities, and the merchandise import 

indexes by country or region of origin are useful in terms of trade analysis. 

E-Mail Subscription -- The U.S. Import and Export Price Indexes news release is available through an 

e-mail subscription service at (http://www.bls.gov/bls/list.htm). 

 

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

page at (http://www.bls.gov/mxp). For technical assistance in using the BLS Internet site, send e-mail to 

(labstat.helpdesk@bls.gov). For Import/Export Price Index data requests, send e-mail to 

(mxpinfo@bls.gov). 

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

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