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                    U.S. IMPORT AND EXPORT PRICE INDEXES
                              - JANUARY 2005 -

                                      
     The U.S. Import Price Index increased 0.9 percent in January, the Bureau
of Labor Statistics of the U.S. Department of Labor reported today.  The
increase followed a 1.4 percent decline in December and was attributable to
higher prices for both petroleum and nonpetroleum imports.  Export prices
increased 0.7 percent in January after advancing 0.2 percent in December.
     
             Percent changes in import and export price indexes
                             by End Use category
                          -not seasonally adjusted-

                            IMPORTS                          EXPORTS             
                                                                                
    Month                               Non-                  Agri-    Nonagri- 
                   All     Petroleum  petroleum     All      cultural  cultural 
                 Imports    Imports    Imports    Exports    Exports   Exports 
                                                                                                                                                    
2004                                                                            
January            1.5        7.3        0.8        0.7        0.7       0.7     
February           0.4        0.5        0.4        0.7        1.5       0.6     
March              0.8        5.1        0.2        0.8        3.5       0.5     
April              0.2       -0.2        0.3        0.7        2.5       0.5     
May                1.5        9.4        0.2        0.4        0.5       0.3     
June              -0.2       -1.1        0.1       -0.7       -4.7      -0.2     
July               0.4        2.3        0.0        0.5       -1.0       0.7     
August             1.5        8.8        0.3       -0.5       -8.4       0.3     
September          0.5        3.3        0.1        0.4        1.8       0.3     
October            1.6       11.1 r     -0.1        0.6       -1.1 r     0.8     
November          -0.3 r     -6.0 r      0.9        0.3        0.3 r     0.3     
December          -1.4 r    -11.5        0.4 r      0.2       -1.0 r     0.3 r
                                                                                 
2005                                                                             
January            0.9        4.6        0.2        0.7        0.3       0.7     
                                                                                 
January 2003-04    2.2        5.6        1.8        2.6       14.0       1.6     
January 2004-05    6.0       26.9        3.0        4.0       -6.2       5.1 

r = revised to reflect late reports and corrections by respondents.


Import Goods
     
     Import prices rose 0.9 percent in January after declining in December
and November.  Petroleum prices, the main contributor to the declines in the
previous two months, led the overall increase in import prices in January.
The price index for import petroleum rose 4.6 percent in January after
falling 16.8 percent over the prior two months.  For the year ended in
January, petroleum prices were up 26.9 percent.  Nonpetroleum import prices
increased for the third consecutive month, rising 0.2 percent in January
after increasing 0.4 percent in December and 0.9 percent in November.  Over
the past 12 months, prices for nonpetroleum imports increased 3.0 percent,
while overall import prices advanced 6.0 percent.
     
     Rising prices for consumer goods, for capital goods, and for
nonpetroleum industrial supplies and materials all contributed to the modest
January increase in nonpetroleum prices.  The price index for import consumer
goods rose 0.4 percent, the largest increase for the index since January
2004.  The increase in consumer goods prices, which were up 0.8 percent over
the past year, was led by higher prices for medicinal and pharmaceutical
products.  Capital goods prices rose for the third consecutive month,
advancing 0.2 percent in January.  Despite the recent upturn, the price index
for capital goods declined 0.8 percent over the past 12 months.  Prices for
nonpetroleum industrial supplies and materials edged up 0.1 percent last
month and increased 13.1 percent for the year ended in January.

     In contrast, the price indexes for automotive vehicles, parts, and
engines and for foods, feeds, and beverages recorded modest decreases in
January.  Prices for automotive vehicles fell for the first time since
September 2003, declining 0.1 percent in January.  The foods, feeds, and
beverages index dipped 0.2 percent in January following increases in each of
the previous four months.  Prices for foods, feeds and beverages increased
6.9 percent over the past 12 months.


Export Goods

     Export prices rose 0.7 percent in January, with both agricultural and
nonagricultural prices contributing to the increase.  The price index for
agricultural exports advanced 0.3 percent in January, led by higher prices
for both soybeans and corn.  Despite the increase, agricultural prices
decreased 6.2 percent over the past 12 months.  Prices for nonagricultural
exports increased 0.7 percent last month and were up 5.1 percent for the year
ended in January.  Overall export prices rose 4.0 percent over the same
period and have increased for five consecutive months.
     
     Prices for nonagricultural industrial supplies and materials continued
to trend upward in January, increasing 1.5 percent.  Higher fuel and chemical
prices led the January rise in the price index for this area, which rose 15.5
percent for the January 2004-2005 period.
     
     Increasing prices for each of the major finished goods areas also
contributed to the January increase in nonagricultural export prices.  Prices
for both capital goods and for automotive vehicles rose 0.3 percent in
January, the fourth consecutive increase for each index.  Over the past 12
months, capital goods prices increased 1.0 percent and prices for automotive
vehicles advanced 1.3 percent.  The price index for export consumer goods
increased 0.6 percent last month, the largest monthly increase for the index
since 1992.  Higher prices for durable goods and for medicinal and
pharmaceutical products led the increase.  Export consumer goods prices
advanced 1.6 percent for the year ended in January.


Imports by Locality of Origin

     Prices for imports from the European Union increased 1.3 percent in
January, which was the largest monthly gain for the index since January 2004.
European import prices were up 6.8 percent over the past 12 months.
     
     The price indexes for imports from Mexico and from Canada both rose last
month, increasing 0.8 percent and 0.3 percent, respectively.  For the year
ended in January, import prices from Mexico were up 4.1 percent and prices of
imports from Canada increased 10.3 percent.
     
     In contrast, import prices from Japan and from China declined in
January, decreasing 0.2 percent and 0.1 percent, respectively.  Over the past
year, import prices from Japan were up 0.7 percent, whereas prices for
imports from China fell 0.7 percent.
     

Import and Export Services

     Import air passenger fares declined 0.7 percent in January, led by an
8.8 percent drop in Asian fares.  Despite this decline, import air passenger
fares rose 6.5 percent for the year ended in January.  Export air passenger
fares advanced for the third consecutive month, increasing 5.2 percent in
January.  The index rose 10.3 percent over the past 12 months.


     ANNOUNCEMENT OF CHANGES IN THE U.S. IMPORT AND EXPORT PRICE INDEXES

Beginning with the January 2005 data in this release, the list of localities for
the Import Price Indexes by Locality of Origin, found in Table 7, have been 
expanded to include the following regions: France, Germany, the United Kingdom, 
Mexico, the Pacific Rim, China, the Association of Southeast Asian Nations, and 
the Asia Near East Countries.  Each new index series has been published back to 
December 2003, which equals 100.  In addition, the Inbound Ocean Liner Freight 
Indexes are now published on a monthly basis rather than a quarterly basis and 
have been moved to Table 11. 


                             CONTENTS OF RELEASE

This news release includes the following tables:

Table 1    U.S. Import Price Indexes, by End Use
Table 2    U.S. Export Price Indexes, by End Use
Table 3    U.S. Import Price Indexes, by SITC
Table 4    U.S. Export Price Indexes, by SITC
Table 5    U.S. Import Price Indexes, by Harmonized System
Table 6    U.S. Export Price Indexes, by Harmonized System
Table 7    U.S. Import Price Indexes, by Locality of Origin
Table 8    U.S. Import and Export Quarterly Price Indexes for Services
Table 9    U.S. Import and Export Monthly Price Indexes for Services
Table 10   U.S. Inbound and Outbound Quarterly Price Indexes for Services
Table 11   U.S. Inbound and Outbound Monthly Price Indexes for Services
-------------------------------------------------------------------
Import and Export Price Index data for February are scheduled for release on
March 18 at 8:30 A.M. (E.S.T.).


Table  1     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                                      Index                   Percent Change
                                                                   Relative
                                                                    Import-                      Annual         Monthly
                                                                     ance                         Jan.    Sept.   Oct.    Nov.    Dec.
 END                            Description                                                       2004    2004    2004    2004    2004
 USE                                                               December  December   January    to      to      to      to      to
                                                                     2004      2004      2005     Jan.    Oct.    Nov.    Dec.    Jan.
                                                                      1/                          2005    2004    2004    2004    2005

         ALL COMMODITIES.......................................... 100.000    104.0      104.9     6.0     1.6    -0.3    -1.4     0.9
         ALL IMPORTS EXCLUDING PETROLEUM..........................  86.029    101.3      101.5     3.0    -0.1     0.9     0.4     0.2
         ALL IMPORTS EXCLUDING FUELS
                (Dec. 2001=100)...................................  83.691    104.0      104.4     2.9    -0.1     0.2     0.5     0.4

0          FOODS, FEEDS, & BEVERAGES..............................   4.730    111.1      110.9     6.9     1.2     0.2     0.8    -0.2

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.507    120.1      119.6     6.8     1.7     0.3     1.1    -0.4

01               Nonagricultural foods (fish, distilled beverages)   1.223     91.0       91.5     7.5    -0.3    -0.4     0.3     0.5

1          INDUSTRIAL SUPPLIES & MATERIALS........................  30.469    126.5      129.3    19.2     5.0    -1.3    -5.0     2.2
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  16.498    119.0      119.1    13.1    -0.7     3.8     0.9     0.1
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (Dec. 2001=100)...............  14.160    124.9      126.4    13.5    -0.9     0.2     1.3     1.2
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................   8.740    118.1      119.3    17.8    -1.6     0.1     1.8     1.0
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   7.758    119.8      118.9     8.2     0.5     8.4    -0.2    -0.8

10               Fuels & lubricants...............................  16.309    140.9      145.3    24.7    10.0    -2.4   -10.3     3.1
100                  Petroleum & petroleum products...............  13.971    137.9      144.3    26.9    11.1    -6.0   -11.5     4.6
10000                        Crude................................  10.152    136.0      145.0    27.0    10.8    -7.6   -12.6     6.6

11               Paper & paper base stocks........................   0.998    101.3      102.7     9.1     0.3    -0.3     0.2     1.4

12               Materials associated with nondurable
                        supplies & materials......................   4.536    109.8      111.3     6.3     0.6     0.6     0.4     1.4

13               Selected building materials......................   2.136    115.3      117.8    10.3    -8.2    -3.6     3.8     2.2

14               Unfinished metals related to durable goods.......   3.348    139.1      140.1    34.1     0.8     2.0     1.6     0.7

15               Finished metals related to durable goods.........   1.508    115.0      114.8    12.9     0.3     0.5     1.5    -0.2

16               Nonmetals related to durable goods...............   1.634     99.7      100.9     2.4     0.1     0.3     0.5     1.2

2          CAPITAL GOODS..........................................  22.437     92.2       92.4    -0.8    -0.2     0.1     0.3     0.2

20               Electric generating equipment....................   2.640     98.1       98.5     1.1     0.0     0.2     0.5     0.4

21               Nonelectrical machinery..........................  17.856     89.9       90.0    -1.3    -0.3     0.2     0.2     0.1

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)............   1.941    104.5      105.6     2.3     0.2     0.1     0.3     1.1

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  16.518    103.3      103.2     1.6     0.3     0.1     0.2    -0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  25.846     99.0       99.4     0.8     0.1     0.2     0.3     0.4

40               Nondurables, manufactured........................  12.767    101.5      102.1     1.0     0.1     0.2     0.4     0.6

41               Durables, manufactured...........................  11.815     96.5       96.6     0.3     0.1     0.2     0.3     0.1

42               Nonmanufactured consumer goods...................   1.264     98.1      100.0     4.3     0.0     0.1     0.1     1.9


     1   Relative importance figures are based on 2003 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  2     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                                         Index                   Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         Jan.    Sept.   Oct.    Nov.    Dec.
 END                             Description                                                         2004    2004    2004    2004    2004
 USE                                                                  December  December   January    to      to      to      to      to
                                                                        2004      2004      2005     Jan.    Oct.    Nov.    Dec.    Jan.
                                                                         1/                          2005    2004    2004    2004    2005

         ALL COMMODITIES............................................. 100.000    104.9      105.6     4.0     0.6     0.3     0.2     0.7
         AGRICULTURAL COMMODITIES....................................   8.611    115.5      115.9    -6.2    -1.1     0.3    -1.0     0.3
         NONAGRICULTURAL COMMODITIES.................................  91.389    104.2      104.9     5.1     0.8     0.3     0.3     0.7

0          FOODS, FEEDS, & BEVERAGES.................................   7.878    116.9      117.1    -4.9    -1.0     0.6    -1.1     0.2

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   7.116    116.7      116.8    -6.3    -1.3     0.6    -1.5     0.1

01               Nonagricultural foods (fish, distilled beverages)...   0.762    118.4      120.2     9.8     1.2     1.0     2.4     1.5

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  28.298    118.1      119.9    14.1     2.3     0.7     0.6     1.5
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  10.396    120.0      120.2    13.9     1.4     1.3     0.8     0.2
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  17.901    117.2      119.8    14.1     2.9     0.3     0.5     2.2

10               Agricultural industrial supplies & materials........   1.495    109.8      111.5    -6.0    -0.2    -0.6     1.2     1.5

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  26.803    118.7      120.5    15.5     2.5     0.8     0.5     1.5

11               Fuels & lubricants..................................   3.198    125.0      129.1    21.7     8.8    -3.0    -2.6     3.3

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  22.444    119.1      120.7    15.3     1.7     1.3     1.0     1.3

13               Selected building materials.........................   1.161    104.4      104.2     5.6    -0.1     0.1     0.4    -0.2

2          CAPITAL GOODS.............................................  40.383     98.2       98.5     1.0     0.2     0.1     0.1     0.3

20               Electrical generating equipment.....................   3.886    103.7      104.0     2.0     0.9     0.2     0.2     0.3

21               Nonelectrical machinery.............................  29.703     93.9       94.1     0.2     0.0    -0.1     0.1     0.2

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)...............   6.794    109.5      110.7     4.0     0.3     0.6     0.3     1.1

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  11.160    102.9      103.2     1.3     0.2     0.1     0.1     0.3

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  12.240    101.2      101.8     1.6    -0.1     0.1     0.2     0.6

40               Nondurables, manufactured...........................   6.120    101.0      101.5     1.6    -0.5     0.2     0.3     0.5

41               Durables, manufactured..............................   5.304    101.1      101.7     1.6    -0.1     0.2     0.1     0.6

42               Nonmanufactured consumer goods (Dec. 2001=100)......   0.816    102.9      102.9     1.5     1.5     0.1     0.0     0.0


     1   Relative importance figures are based on 2003 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  3     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                                         Index                   Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         Jan.    Sept.   Oct.    Nov.    Dec.
SITC                             Description                                                         2004    2004    2004    2004    2004
Rev. 3                                                                December  December   January    to      to      to      to      to
                                                                        2004      2004      2005     Jan.    Oct.    Nov.    Dec.    Jan.
                                                                         1/                          2005    2004    2004    2004    2005

         ALL COMMODITIES............................................. 100.000    104.0      104.9     6.0     1.6    -0.3    -1.4     0.9

0          FOOD AND LIVE ANIMALS.....................................   3.703    111.6      111.6     9.2     1.7    -0.3     0.7     0.0
01               Meat and meat preparations..........................   0.413    132.5      137.4    16.7    -0.5    -1.8     0.5     3.7
03               Fish, crustaceans, aquatic invertebrates
                        and preparations thereof.....................   0.886     85.1       85.6     9.5    -0.5    -1.1     0.5     0.6
05               Vegetables, fruit and nuts, fresh or dried..........   0.931    112.2      109.3    -2.7     4.9     1.6    -3.5    -2.6
07               Coffee, tea, cocoa, spices and manufactures thereof.   0.481    114.4      118.6    18.5    -1.0     4.2     5.1     3.7
      2/   Other food and live animals...............................   0.993    130.6      128.4    13.3     2.9    -2.2     3.2    -1.7

1          BEVERAGES AND TOBACCO.....................................   0.956    107.1      107.1     2.3     0.3     0.2     0.4     0.0
11               Beverages...........................................   0.858    107.6      107.6     2.6     0.2     0.2     0.5     0.0

2          CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS...................   1.909    125.6      129.2    18.0    -7.4    -2.6     3.1     2.9
24               Cork and wood.......................................   0.710    124.9      127.2    16.8   -16.4    -7.1     6.5     1.8
25               Woodpulp and recovered paper........................   0.226    100.3      103.6    11.0    -5.4    -1.8     2.3     3.3
28               Metalliferous ores and metal scrap..................   0.379    167.2      171.2    37.8     2.2     0.5     0.1     2.4
29               Crude animal and vegetable materials, n.e.s.........   0.213     98.3      109.8    11.0    -2.4     0.2     1.9    11.7

3          MINERAL FUELS, LUBRICANTS AND RELATED
                     MATERIALS.......................................  15.616    140.5      145.1    23.7     9.8    -2.5   -10.6     3.3
33               Petroleum, petroleum products and related materials.  13.291    136.8      143.6    26.0    10.8    -6.2   -12.0     5.0
34               Gas, natural and manufactured.......................   2.213    164.1      151.4     9.7     1.8    33.9    -1.3    -7.7

5          CHEMICALS AND RELATED PRODUCTS, N.E.S.....................   8.594    109.7      109.8     6.6     1.6     0.6     0.6     0.1
51               Organic chemicals...................................   2.854    109.4      106.7     8.2     4.0    -0.5    -0.3    -2.5
52               Inorganic chemicals.................................   0.673    126.4      127.9     7.2     1.1     1.0    -0.3     1.2
53               Dyeing, tanning and coloring materials..............   0.194     98.7       97.9    -2.0     0.1     0.2     0.0    -0.8
54               Medicinal and pharmaceutical products...............   2.633    109.1      110.0     2.6    -0.2     0.9     1.6     0.8
55               Essential oils; polishing and cleansing preps.......   0.431     94.6       95.0     2.5     0.2     0.4     0.6     0.4
57               Plastics in primary forms...........................   0.650    116.3      125.1    19.8     0.3     3.1     2.6     7.6
58               Plastics in nonprimary forms........................   0.390    105.7      105.5     3.3     0.6     0.8     0.5    -0.2
59               Chemical materials and products, n.e.s..............   0.549     96.1       96.2     2.0     1.0     0.5     0.3     0.1

6          MANUFACTURED GOODS CLASSIFIED CHIEFLY
                     BY MATERIAL.....................................  11.953    110.5      111.5    12.7     0.0     0.5     1.0     0.9
62               Rubber manufactures, n.e.s..........................   0.686    101.9      102.0     3.0     0.2     0.3     0.6     0.1
63               Cork and wood manufactures other than furniture.....   0.810    112.3      117.1    12.8    -5.7    -3.5     5.8     4.3
64               Paper and paperboard, cut to size...................   1.230     98.9      100.1     6.4     1.3     0.2    -0.5     1.2
65               Textile yarn, fabrics, made-up
                        articles, n.e.s., and related prod...........   1.399    104.1      104.3     1.2    -0.1     0.1     0.1     0.2
66               Nonmetallic mineral manufactures, n.e.s.............   2.174    100.7      100.9     2.4     0.1     0.1     0.1     0.2
67               Iron and steel......................................   1.605    160.7      161.0    46.5     0.8     0.9     0.4     0.2
68               Nonferrous metals...................................   1.831    111.2      112.1    21.5     0.3     2.1     2.2     0.8
69               Manufactures of metals, n.e.s.......................   2.125    106.6      108.5     8.8     0.5     0.9     1.2     1.8

7          MACHINERY AND TRANSPORT EQUIPMENT.........................  40.102     95.2       95.2    -0.2    -0.1     0.2     0.1     0.0
71               Power generating machinery and equipment............   2.568    102.4      103.2     2.4     0.2     0.5     0.3     0.8
72               Machinery specialized for particular industries.....   1.708    109.6      110.8     5.6     0.4     0.6     1.0     1.1
73               Metalworking machinery..............................   0.440    112.7      114.4     7.5     1.7     1.2     1.4     1.5
74               General industrial machinery,
                        equipment, & machine parts, n.e.s............   3.139    105.2      106.4     4.5     0.3     0.2     0.4     1.1
75               Computer equipment and office machines..............   5.640     72.9       71.8    -7.9    -0.9    -0.3    -0.1    -1.5
76               Telecommunications & sound recording
                        & reproducing apparatus & equipment..........   5.157     83.1       82.8    -4.2    -0.5    -0.1    -0.2    -0.4
77               Electrical machinery and equipment..................   6.348     94.7       94.9    -0.5    -0.3     0.2     0.2     0.2
78               Road vehicles.......................................  13.737    103.7      103.6     1.7     0.3     0.2     0.1    -0.1

8          MISCELLANEOUS MANUFACTURED ARTICLES.......................  16.710    100.6      100.8     0.8     0.1     0.1     0.3     0.2
81               Prefabricated buildings; plumbing, heat
                        & lighting fixtures, n.e.s...................   0.464     94.9       95.5     2.5     0.6     0.3     0.5     0.6
82               Furniture and parts thereof.........................   1.974    104.7      105.8     5.6     0.5     0.4     0.7     1.1
83               Travel goods, handbags and similar containers.......   0.386    104.7      105.0     1.4     0.1     0.0     1.0     0.3
84               Articles of apparel and clothing accessories........   5.288    100.8      100.9     0.2     0.1    -0.1     0.0     0.1
85               Footwear............................................   1.217    100.5      100.5     0.0     0.0     0.0     0.0     0.0
87               Professional, scientific and controlling
                        instruments and apparatus, n.e.s.............   1.846    100.1      100.2     0.5    -0.1     0.1     0.2     0.1
88               Photographic apparatus, equipment and
                        supplies and optical goods, n.e.s............   0.893     98.6       99.1    -0.8     0.0     0.1     0.3     0.5
89               Miscellaneous manufactured articles, n.e.s..........   4.641     99.1       99.4     0.3    -0.1     0.1     0.5     0.3


     1   Relative importance figures are based on 2003 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  4     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                                         Index                   Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         Jan.    Sept.   Oct.    Nov.    Dec.
SITC                             Description                                                         2004    2004    2004    2004    2004
Rev. 3                                                                December  December   January    to      to      to      to      to
                                                                        2004      2004      2005     Jan.    Oct.    Nov.    Dec.    Jan.
                                                                         1/                          2005    2004    2004    2004    2005

         ALL COMMODITIES............................................. 100.000    104.9      105.6     4.0     0.6     0.3     0.2     0.7

0          FOOD AND LIVE ANIMALS.....................................   6.467    118.1      118.3     1.1     0.6     0.3    -0.5     0.2
01               Meat and meat preparations..........................   1.183    124.6      121.5    -1.1     1.7    -1.2    -0.6    -2.5
03               Fish, crustaceans, aquatic invertebrates
                        and preparations thereof.....................   0.476    110.3      111.2     6.8    -0.5     0.1     1.8     0.8
04               Cereals and cereal preparations.....................   1.620    116.5      119.1    -9.5    -5.2    -2.1     2.9     2.2
05               Vegetables, fruit and nuts, fresh or dried..........   1.619    129.9      127.4    23.6     9.0     5.1    -5.3    -1.9
08               Feeding stuff for animals (not
                        including unmilled cereals)..................   0.560    107.5      109.7   -12.7    -2.6    -1.3     1.8     2.0
09               Miscellaneous edible products and preparations......   0.487    102.6      105.5     4.2     0.5     0.0     0.0     2.8
      2/   Other food and live animals...............................   0.522    107.7      108.0     4.0    -0.6     0.6    -1.2     0.3

1          BEVERAGES AND TOBACCO.....................................   0.685    101.6      102.1     1.1     0.0    -0.1     0.0     0.5
12               Tobacco and tobacco manufactures....................   0.423    100.6      100.6     1.0     0.1     0.0     0.2     0.0

2          CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS...................   5.214    119.2      120.3     0.1    -1.0     1.0    -0.2     0.9
22               Oil seeds and oleaginous fruits.....................   1.021    111.1      115.2   -26.7   -12.8     1.1     0.7     3.7
24               Cork and wood.......................................   0.524     98.8       98.6     4.3     0.0    -0.7     0.4    -0.2
25               Woodpulp and recovered paper........................   0.655     98.9      100.0     9.1    -0.6     0.1     0.7     1.1
26               Textile fibers and their waste......................   0.578     96.4       98.9   -20.0    -1.9    -2.7    -1.1     2.6
28               Metalliferous ores and metal scrap..................   1.359    193.5      190.3    27.8     6.7     3.2    -1.5    -1.7
      2/   Other crude materials, inedible, except fuels.............   1.076    121.3      122.3    10.8     1.4     1.4     0.4     0.8

3          MINERAL FUELS, LUBRICANTS AND RELATED
                     MATERIALS.......................................   2.566    146.6      151.4    25.6    10.5    -3.1    -3.0     3.3
33               Petroleum, petroleum products and related materials.   1.878    144.7      151.1    29.4    13.3    -3.5    -4.2     4.4

5          CHEMICALS AND RELATED PRODUCTS, N.E.S.....................  14.832    114.2      116.3    13.0     1.7     1.2     1.2     1.8
51               Organic chemicals...................................   3.626    129.4      130.3    22.8     4.7     1.2     1.3     0.7
52               Inorganic chemicals.................................   0.913    112.6      114.3    15.2     2.5     0.1     2.0     1.5
54               Medicinal and pharmaceutical products...............   2.727    107.2      108.4     2.8    -1.2     0.2     0.3     1.1
55               Essential oils; polishing and cleansing preps.......   1.067    109.2      110.1     5.6     0.9     0.8     1.6     0.8
56               Fertilizers.........................................   0.463    151.5      153.9    21.6     0.7     4.8    -0.2     1.6
57               Plastics in primary forms...........................   2.577    118.6      125.7    27.9     3.0     3.0     1.7     6.0
58               Plastics in nonprimary forms........................   0.921     99.9      101.0     4.3     0.7     0.6     1.2     1.1
59               Chemical materials and products, n.e.s..............   1.916    105.8      106.3     1.2    -0.3     0.1     0.5     0.5

6          MANUFACTURED GOODS CLASSIFIED CHIEFLY
                     BY MATERIAL.....................................  10.523    112.1      112.8    10.9     0.7     0.4     0.3     0.6
62               Rubber manufactures, n.e.s..........................   0.700    112.8      113.6     2.9     0.2     0.7     0.4     0.7
64               Uncoated Paper/paperboard, and linerboard...........   1.492    103.8      103.9     6.1     1.3    -0.5     0.3     0.1
65               Textile yarn, fabrics, and made-up articles, n.e.s..   1.585    107.8      109.4     5.3     0.9     1.3    -0.2     1.5
66               Nonmetallic mineral manufactures, n.e.s.............   1.572    101.7      101.6     1.9     0.7     0.2     0.4    -0.1
67               Iron and steel......................................   1.479    168.6      166.2    44.0     0.7     0.2     0.1    -1.4
68               Nonferrous metals...................................   1.159    101.5      103.7    20.7     0.1     1.5     0.9     2.2
69               Manufactures of metals, n.e.s.......................   2.132    113.6      115.1     9.5     0.9     0.3     0.6     1.3
      2/   Other manufactured goods classified
                  chiefly by material (Dec. 2001=100)................   0.403    115.8      115.0     4.3    -1.0     0.5    -1.2    -0.7

7          MACHINERY AND TRANSPORT EQUIPMENT.........................  47.401     98.5       98.8     0.9     0.2     0.0     0.1     0.3
71               Power generating machinery and equipment............   4.606    110.5      111.4     1.9     0.4     0.9     0.1     0.8
72               Machinery specialized for particular industries.....   3.598    108.1      109.6     5.5     1.1     0.3     0.5     1.4
73               Metalworking machinery..............................   0.607    102.1      102.9     2.0     0.5     0.4     0.2     0.8
74               General industrial machinery,
                        equipment, & parts, n.e.s....................   4.657    106.7      108.3     4.8     0.9     0.2     0.3     1.5
75               Computer equipment and office machines..............   5.399     83.8       83.0    -5.4    -1.0    -0.8    -0.7    -1.0
76               Telecommunications & sound recording
                        & reproducing apparatus & equipment..........   3.173     90.4       90.6    -2.2    -0.2     0.0    -0.1     0.2
77               Electrical machinery and equipment..................  11.598     87.9       87.8    -0.2    -0.2    -0.2     0.2    -0.1
78               Road vehicles.......................................   8.796    103.0      103.1     1.4     0.4     0.0     0.2     0.1

8          MISCELLANEOUS MANUFACTURED ARTICLES.......................  11.206    102.3      103.0     2.2     0.2     0.3     0.6     0.7
82               Furniture and parts thereof.........................   0.606    104.4      104.4     2.2    -0.1     1.7     0.0     0.0
84               Articles of apparel and clothing accessories........   0.768     97.1       97.6     0.8    -0.1     0.1     0.2     0.5
87               Professional, scientific and controlling
                        instruments and apparatus, n.e.s.............   4.296    102.6      103.9     1.7     0.4     0.1     0.3     1.3
88               Photographic apparatus, equipment and
                        supplies and optical goods, n.e.s............   0.952     97.0       96.3     1.6     0.1     0.4     0.8    -0.7
89               Miscellaneous manufactured articles, n.e.s..........   4.207    104.0      104.3     2.9     0.2     0.3     1.2     0.3
      2/   Other miscellaneous manufactured articles.................   0.377    108.6      108.8     2.5     0.2     0.0     0.0     0.2


     1   Relative importance figures are based on 2003 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  5     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                                         Index                   Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Jan.    Sept.   Oct.    Nov.    Dec.
nized                            Description                                                         2004    2004    2004    2004    2004
System                                                                December  December   January    to      to      to      to      to
                                                                        2004      2004      2005     Jan.    Oct.    Nov.    Dec.    Jan.
                                                                         1/                          2005    2004    2004    2004    2005

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.462    112.3      111.4    17.3     1.6    -2.5     2.7    -0.8
02               Meat and edible meat offal..........................   0.372    134.8      138.7    16.5    -1.0    -1.5     0.1     2.9
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.699     83.8       85.1     9.2    -0.4    -1.3     0.7     1.6
      2/         Other live animals; animal products.................   0.391    167.0      152.9    29.1     6.8    -4.8     7.7    -8.4

II         VEGETABLE PRODUCTS........................................   1.219    110.3      111.0     5.6     3.0     1.8    -0.3     0.6
07               Edible vegetables, roots, and tubers................   0.331    139.9      129.8    -2.0    13.8     5.0    -7.5    -7.2
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.344     95.0       93.3    -2.0    -0.1    -1.3    -0.3    -1.8
09               Coffee, tea, mate and spices........................   0.249    102.9      107.6    22.0    -0.5     4.2     8.3     4.6
      2/         Other vegetable products............................   0.294    109.6      119.6    11.3    -0.8     0.5     1.3     9.1

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.241    111.5      112.5     5.1     0.1     0.1     0.2     0.9
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.255    101.5      103.5     2.6    -0.2     0.6    -1.6     2.0
22               Beverages, spirits, and vinegar.....................   0.876    105.8      105.8     2.9     0.3     0.1     0.5     0.0
      2/         Other prepared foodstuffs...........................   1.111    119.0      120.7     7.7     0.0     0.0     0.3     1.4

V          MINERAL PRODUCTS..........................................  16.095    140.2      144.9    23.8     9.4    -2.1   -10.5     3.4
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  15.798    139.4      144.1    24.2     9.6    -2.1   -10.6     3.4
      2/         Other mineral products (Dec. 2001=100)..............   0.297    112.7      118.4    11.9     0.4     0.9     0.4     5.1

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   7.794    109.2      108.2     5.4     2.0     0.2     0.4    -0.9
28               Inorganic chemicals.................................   0.711    123.3      123.8     4.2     1.4     0.9    -0.7     0.4
29               Organic chemicals...................................   3.141    109.1      105.5     7.1     3.7    -0.5    -0.4    -3.3
30               Pharmaceutical products.............................   2.313    109.1      110.5     3.4     0.2     1.1     1.8     1.3
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.195     98.4       98.7     0.6     0.1     0.3     0.0     0.3
33               Essential oils and resinoids (Dec. 2001=100)........   0.375    106.6      107.0     2.4     0.4     0.3     0.6     0.4
38               Miscellaneous chemical products.....................   0.397     91.5       90.6    -3.2     0.0    -0.3    -0.5    -1.0
      2/         Other products of the chemical or allied industries.   0.513    125.0      127.4    17.6     3.0     1.0     0.9     1.9

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.821    109.9      112.3     7.2     0.5     1.0     0.8     2.2
39               Plastics and articles thereof.......................   1.898    110.1      113.5     8.9     0.6     1.4     1.1     3.1
40               Rubber and articles thereof.........................   0.923    109.5      109.7     3.5     0.3     0.4     0.3     0.2

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.691    102.7      103.0     1.8     0.5     0.1     0.5     0.3
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.591    102.7      103.0     1.1     0.0     0.1     0.6     0.3

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.561    121.6      125.1    12.6   -10.1    -4.9     5.1     2.9

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.759     99.6      100.9     5.7     0.0    -0.1     0.1     1.3
47               Pulp wood or other fibrous cellulosic
                        material; waste paper/paperboard.............   0.224     99.9      103.1    11.0    -5.3    -1.9     2.5     3.2
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.233     98.0       99.2     6.2     1.3     0.1    -0.3     1.2
49               Printed matter......................................   0.302    111.7      111.8    -0.6    -0.6     0.2     0.3     0.1

XI         TEXTILE AND TEXTILE ARTICLES..............................   6.277    100.7      100.7     0.3    -0.1     0.1     0.1     0.0
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   2.294    100.1       99.9    -0.1     0.1     0.0     0.0    -0.2
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.567     99.8      100.0    -0.2    -0.1    -0.1     0.0     0.2
63               Made-up or worn textile articles....................   0.512     93.7       93.2    -2.7     0.0    -0.1    -0.2    -0.5
      2/         Other textile & textile articles....................   0.904    108.2      108.8     4.9    -0.3     0.4     1.2     0.6

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.438     99.8       99.8    -0.1     0.1    -0.2     0.0     0.0
64               Footwear and  parts of such articles................   1.213    100.3      100.3     0.0     0.0     0.0     0.0     0.0
      2/         Other footwear, headgear, umbrellas,
                       whips, art. flowers, etc......................   0.225     97.1       97.3    -0.5     0.4    -1.0     0.0     0.2

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   1.023    104.7      105.1     1.7    -0.1     0.4     0.4     0.4
68               Articles of stone, plaster, cement,
                        asbestos, or mica (Dec. 2001=100)............   0.314     98.4       98.6    -0.3     0.1     0.0     0.2     0.2
69               Ceramic products....................................   0.355    110.2      110.9     3.9     0.0     0.6     0.5     0.6
70               Glass and glassware.................................   0.354    104.4      104.7     1.4    -0.1     0.2     0.6     0.3

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.440     98.5       97.5     5.3     0.0     0.8     1.8    -1.0

XV         BASE METALS AND ARTICLES OF BASE METAL....................   5.442    129.5      130.9    24.8     1.0     1.4     1.0     1.1
72               Iron and steel......................................   1.384    177.9      177.5    54.6     2.0     1.6     0.3    -0.2
73               Articles of iron or steel...........................   1.441    117.4      119.9    18.4     0.4     0.8     1.2     2.1
74               Copper and articles thereof.........................   0.429    135.9      136.3    23.2     2.5     0.5     4.3     0.3
76               Aluminum and articles thereof.......................   0.869    112.8      115.6    13.1     0.4     1.6     0.3     2.5
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.437    105.4      105.6     4.8     0.1     0.9     0.2     0.2
83               Miscellaneous articles of base metal................   0.467    111.7      113.8     9.5     1.1     1.1     1.7     1.9
      2/         Other base metals and articles of base metals.......   0.417    114.5      115.0    18.7    -0.8     4.4     0.7     0.4

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  24.712     90.2       90.1    -1.7    -0.3     0.1     0.2    -0.1
84               Machinery and mechanical appliances; parts thereof..  12.901     90.6       90.5    -1.3    -0.1     0.1     0.3    -0.1
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  11.811     89.8       89.8    -2.2    -0.4     0.1     0.0     0.0

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  15.235    104.0      104.1     1.9     0.4     0.1     0.1     0.1
87               Motor vehicles and their parts......................  13.939    103.6      103.6     1.8     0.4     0.1     0.1     0.0
88               Aircraft, spacecraft, and parts
                        thereof (Dec. 2002=100)......................   1.130    103.6      105.0     2.9     0.2     0.2     0.4     1.4

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   3.387     99.4       99.6    -0.2     0.0     0.1     0.3     0.2
90               Optical, photographic, measuring and
                        medical instruments..........................   2.999     98.6       98.6    -0.5     0.0     0.1     0.4     0.0
91               Clocks and watches and parts thereof................   0.279    106.3      107.9     0.4    -0.1    -0.2    -1.0     1.5

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   4.196     98.5       99.1     2.1     0.1     0.2     0.4     0.6
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.382    101.8      102.9     4.9     0.5     0.3     0.6     1.1
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.586     94.5       94.5    -1.6    -0.3     0.0     0.1     0.0
96               Miscellaneous manufactured articles.................   0.228     98.0       98.2     0.9    -0.4     0.1     0.1     0.2


     1   Relative importance figures are based on 2003 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  6     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                                         Index                   Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Jan.    Sept.   Oct.    Nov.    Dec.
nized                            Description                                                         2004    2004    2004    2004    2004
System                                                                December  December   January    to      to      to      to      to
                                                                        2004      2004      2005     Jan.    Oct.    Nov.    Dec.    Jan.
                                                                         1/                          2005    2004    2004    2004    2005

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.875    122.1      119.4     2.3     2.4     0.0    -0.2    -2.2
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.440    113.8      114.5     9.9     1.5     1.0     2.6     0.6

II         VEGETABLE PRODUCTS........................................   4.103    121.7      122.3    -6.2    -1.8     2.1    -2.9     0.5
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.929    132.7      133.6    41.1     9.8     6.7     0.9     0.7
10               Cereals.............................................   1.361    115.5      118.2   -11.0    -6.2    -2.4     3.4     2.3
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   1.191    113.0      116.6   -22.9   -10.8     1.0     0.6     3.2

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.518    105.2      107.0    -1.3    -0.6     0.0     0.8     1.7
21               Miscellaneous edible preparations...................   0.446    103.5      106.4     5.5     0.5     0.1     0.0     2.8
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.473    106.3      108.8   -17.6    -3.3    -1.8     2.1     2.4
      2/         Other prepared foods................................   0.858    106.8      107.8     2.1    -0.1    -0.1     0.1     0.9

V          MINERAL PRODUCTS..........................................   3.187    147.1      151.8    28.0     8.9    -2.2    -1.5     3.2
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   2.603    142.4      146.4    25.1    10.2    -2.8    -2.9     2.8

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  11.867    114.8      116.6    11.2     1.4     0.7     1.2     1.6
28               Inorganic chemicals.................................   0.964    115.0      117.5    14.9     1.8     0.1     2.1     2.2
29               Organic chemicals...................................   4.059    129.4      131.9    23.6     4.3     1.0     1.8     1.9
30               Pharmaceutical products.............................   2.280    106.9      108.5     3.2    -1.4     0.2     0.4     1.5
31               Fertilizers.........................................   0.458    146.9      149.1    21.5     0.7     4.8    -0.1     1.5
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.645    105.3      108.7    10.8     0.5     2.6     2.8     3.2
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.777    111.4      112.8     5.7     1.1     1.3     1.4     1.3
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.390    102.2      101.2    -1.7    -1.2    -1.5     0.3    -1.0
37               Photographic or cinematographic goods...............   0.410    100.7      100.8     0.7     0.1     0.3     1.2     0.1
38               Miscellaneous chemical products.....................   1.634    105.0      105.4     0.8    -0.3     0.2     0.2     0.4

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.566    115.2      119.5    16.0     1.6     1.6     1.8     3.7
39               Plastics and articles thereof.......................   4.573    114.0      118.5    17.3     1.9     1.8     2.0     3.9
40               Rubber and articles thereof.........................   0.993    118.9      121.7     9.8     0.5     1.3     0.6     2.4

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.490    110.9      110.7    -0.3     0.0     0.1    -0.4    -0.2
41               Raw hides and skins (other than
                        furskins) and leather........................   0.446    107.4      107.2    -2.8     0.0     0.2    -0.4    -0.2

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.787    103.1      102.9     4.7    -0.2    -0.1    -0.5    -0.2

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.847    100.8      101.1     5.4     0.6     0.0     0.6     0.3
47               Woodpulp and recovered paper........................   0.651     94.8       96.0     9.1    -0.5     0.2     0.5     1.3
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.558    100.4      100.6     5.6     1.0    -0.3     0.3     0.2
49               Printed material....................................   0.638    111.6      111.2     1.4     0.4     0.9     1.1    -0.4

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.819     97.9       99.2    -1.8    -0.2     0.4    -0.2     1.3
52               Cotton, including yarns and woven fabrics thereof...   0.686     88.1       87.0   -17.6    -1.5    -2.1    -0.9    -1.2
61               Apparel & clothing knitted
                        or crocheted (Dec. 2001=100).................   0.416     95.5       96.0     1.2    -0.1     0.1     0.4     0.5
62               Apparel Articles & Accessories, not knitted.........   0.286     95.6       95.7     0.1     0.0    -0.2     0.0     0.1
      2/         Other textile and textile articles (Dec. 2001=100)..   1.431    109.5      112.8     6.8     0.6     2.0    -0.1     3.0

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.821    100.4      101.3     2.6    -0.2     0.3     0.7     0.9
70               Glass and glassware.................................   0.496     96.6       96.4    -0.1    -0.4     0.3     1.2    -0.2

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.478    109.1      108.0     8.4     2.3     1.4     1.8    -1.0

XV         BASE METALS AND ARTICLES OF BASE METALS...................   5.333    128.5      129.7    20.1     1.3     1.3    -0.6     0.9
72               Iron and steel......................................   1.494    172.8      169.5    33.8     1.2     4.9    -3.4    -1.9
73               Articles of iron or steel...........................   1.330    124.4      124.8    17.6     1.1    -0.3    -0.1     0.3
74               Copper and articles thereof.........................   0.463    129.6      138.7    24.4     9.2    -3.9    -0.3     7.0
76               Aluminum and articles thereof.......................   0.800    112.2      113.0    12.8     0.1     2.2     0.4     0.7
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.415    106.6      107.5     5.9     1.7     1.2     1.2     0.8
83               Miscellaneous articles of base metal................   0.434    111.4      116.6     8.0    -0.1     0.1     0.0     4.7

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  33.207     94.9       95.2     0.4     0.0     0.1     0.0     0.3
84               Machinery and mechanical appliances; parts thereof..  18.022    100.2      100.6     1.0     0.2     0.1     0.0     0.4
85               Electrical machinery and equipment
                        and parts and accessories thereof............  15.185     89.0       89.2    -0.1    -0.1     0.0     0.1     0.2

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  13.961    107.9      108.3     2.4     0.4     0.1     0.3     0.4
87               Motor vehicles and their parts......................   9.131    103.1      103.3     1.5     0.3     0.1     0.2     0.2

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.228    101.5      102.0     0.7     0.2    -0.2     0.3     0.5

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.489    101.0      101.1     1.6    -0.1     1.1     0.0     0.1
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.816    106.3      106.4     3.7    -0.1     1.7     0.0     0.1
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.530     94.7       94.8    -1.7    -0.1     0.1     0.2     0.1


     1   Relative importance figures are based on 2003 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  7     U.S. Import Price Indexes and Percent Changes by Locality of Origin
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                          Index                         Percent Change

                                                                                        Annual            Monthly
                                                       Percentage                        Jan.      Sept.    Oct.     Nov.     Dec.
                        Description                        of                            2004      2004     2004     2004     2004
                                                          U.S.   December   January       to        to       to       to       to
                                                        Imports    2004       2005       Jan.      Oct.     Nov.     Dec.     Jan.
                                                           1/                            2005      2004     2004     2004     2005

 2/ Industrialized Countries............................ 47.950   107.6      108.3        6.7       0.6      0.7      0.0      0.7
         Manufactured Goods............................. 43.658   104.6      105.5        5.4      -0.1      0.0      0.7      0.9
         Nonmanufactured Goods..........................  4.024   149.1      147.7       19.8       6.3      6.9     -5.3     -0.9

 3/ Other Countries..................................... 52.050    99.8      100.8        5.7       2.2     -1.4     -2.3      1.0
         Manufactured Goods............................. 43.318    97.1       97.1        2.1       0.1      0.0     -0.2      0.0
         Nonmanufactured Goods..........................  8.625   130.5      137.3       22.2      10.2     -6.7    -10.3      5.2

    Canada.............................................. 17.203   117.0      117.4       10.3       1.0      1.4     -0.1      0.3
         Manufactured Goods............................. 13.876   110.8      112.1        8.8       0.0     -0.7      1.2      1.2
         Nonmanufactured Goods..........................  3.133   152.8      148.8       16.5       5.0      9.7     -4.4     -2.6

 4/ European Union...................................... 19.566   111.7      113.2        6.8       0.6      0.5      0.4      1.3
         Manufactured Goods............................. 19.013   110.9      112.2        5.7       0.4      0.4      0.7      1.2
         Nonmanufactured Goods..........................  0.498   163.8      172.9       39.0       8.4      1.9     -6.1      5.6

    France (Dec. 2003=100)..............................  2.069   102.9      102.7        1.7       0.1      0.2      0.5     -0.2

    Germany (Dec. 2003=100).............................  5.308   103.1      104.2        3.2       0.1      0.3      0.5      1.1

    United Kingdom (Dec. 2003=100)......................  3.185   108.3      110.6        9.2       1.3      0.4     -0.6      2.1

 5/ Latin America....................................... 17.344   113.2      115.0        9.5       3.6     -1.9     -2.9      1.6
         Manufactured Goods............................. 13.359   113.9      114.5        6.9       0.7      0.8      0.2      0.5
         Nonmanufactured Goods..........................  3.941   130.7      137.0       18.1      11.3     -8.6    -11.1      4.8

    Mexico (Dec. 2003=100).............................. 10.952   104.0      104.8        4.1       3.2     -1.2     -2.5      0.8

 6/ Pacific Rim (Dec. 2003=100)......................... 33.549   100.0       99.9       -0.2      -0.2      0.0     -0.2     -0.1

    China (Dec. 2003=100)............................... 12.320    99.3       99.2       -0.7      -0.2      0.1     -0.2     -0.1

    Japan...............................................  9.512    95.9       95.7        0.7       0.2      0.1      0.3     -0.2

 7/ Asian NICs..........................................  7.447    90.7       90.6       -0.1       0.0      0.0     -0.3     -0.1

 8/ ASEAN (Dec. 2003=100)...............................  6.608    98.2       98.3       -1.5      -0.5     -0.3      0.0      0.1

 9/ Asia Near East (Dec. 2003=100)......................  3.353   122.8      131.4       23.6       6.8     -5.8     -6.6      7.0


1   Percentage of trade figures are based on 2003 trade values.
2   Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
3   Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
4   Includes European Union countries.
5   Includes Mexico, Central America, South America and the Caribbean.
6   Includes China, Japan, Asia Newly Industrialized Countries, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea and Philippines.
7   Asia Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
8   Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
9   Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

    NOTES:  Data may be revised in each of the three months after original publication.
            Regions are not mutually exclusive.
            n.a.  Not available


Table  8     U.S. Import and Export Quarterly Price Indexes and Percent Changes for Selected Categories of Services
                  December 2003-December 2004          2000=100, unless otherwise noted
                                                                          Index                             Percent Change

                                                                                           Annual             Quarterly
                                                           Trade                            Dec.      Dec.      March     June      Sept.
                        Description                        (Mil.                            2003      2003      2004      2004      2004
                                                             of     September  December      to        to        to        to        to
                                                          Dollars)    2004       2004       Dec.      March     June      Sept.     Dec.
                                                             1/                             2004      2004      2004      2004      2004


    IMPORT

      Air Freight.......................................    4168     120.0      126.8       10.4       1.9       0.3       2.1       5.7
             Europe (Dec. 2003=100).....................    1407     112.1      122.5       22.5       6.0       1.8       3.9       9.3
             Asia.......................................    2329     109.3      113.0        2.4      -0.4      -1.3       0.6       3.4

    EXPORT

      Air Freight.......................................    2836     100.3      107.1       12.3       1.8       2.1       1.2       6.8


    1   Trade dollar values are based on 2000 trade values.

    NOTES:  Data may be revised one quarter after original publication.
            n.a.  Not available


Table  9     U.S. Import and Export Monthly Price Indexes and Percent Changes for Selected Categories of Services
                  January 2004-January 2005          2000=100, unless otherwise noted
                                                                         Index                         Percent Change

                                                                                        Annual            Monthly
                                                          Trade                          Jan.      Sept.    Oct.     Nov.     Dec.
                        Description                       (Mil.                          2004      2004     2004     2004     2004
                                                            of     December   January     to        to       to       to       to
                                                         Dollars)    2004      2005      Jan.      Oct.     Nov.     Dec.     Jan.
                                                            1/                           2005      2004     2004     2004     2005


    IMPORT

      Air Passenger Fares...............................   18253    114.5     113.7       6.5     -4.6     -4.1      3.4     -0.7
             Europe.....................................   11250    105.5     105.8      10.2     -6.3     -5.9      1.2      0.3
             Asia.......................................    2626    120.8     110.2       0.1     -3.5     -0.7     13.4     -8.8
             Latin America/Caribbean....................    1916    114.8     114.9      -0.6     -1.9      1.2      2.4      0.1

    EXPORT


      Air Passenger Fares...............................   20319    134.0     141.0      10.3     -1.9      1.9      3.1      5.2
             Europe.....................................    5394    158.9     163.4      10.6      0.3      0.6      4.1      2.8
             Asia.......................................    8936    117.5     126.7      10.3     -5.9      1.5      2.2      7.8
             Latin America/Caribbean....................    3413    135.9     148.9       6.1     -1.3      5.5      0.4      9.6


    1   Trade dollar values are based on 2000 trade values.

    NOTES:  Data may be revised in each of the three months after original publication.
            n.a.  Not available


Table  10     U.S. Inbound and Outbound Quarterly Price Indexes and Percent Changes for Selected Categories of Services
                  December 2003-December 2004          2000=100, unless otherwise noted
                                                                           Index                       Percent Change

                                                                                        Annual           Quarterly
                                                          Trade                          Dec.     Dec.    March     June     Sept.
                        Description                       (Mil.                          2003     2003     2004     2004     2004
                                                            of     September December     to       to       to       to       to
                                                         Dollars)    2004      2004      Dec.     March    June     Sept.    Dec.
                                                            1/                           2004     2004     2004     2004     2004

    INBOUND

      Air Freight.......................................    7483    118.7     125.2      10.9      2.9      0.3      1.8      5.5
           Europe (Dec. 2003=100).......................    2466    111.6     120.0      20.0      7.0      0.9      3.3      7.5
           Asia.........................................    4180    107.8     112.1       4.7      0.2     -0.5      0.9      4.0

    OUTBOUND

      Air Freight.......................................    5193    100.7     105.2      10.9      1.3      3.0      1.7      4.5
           Europe (Dec. 2003=100).......................    1998    108.6     113.0      13.0      1.8      4.8      1.8      4.1
           Asia.........................................    2365     98.5     104.0       9.0      0.6      1.7      0.9      5.6


    1   Trade dollar values are based on 2000 trade values.

    NOTES:  Data may be revised one quarter after original publication.
            n.a.  Not available


Table  11     U.S. Inbound and Outbound Monthly Price Indexes and Percent Changes for Selected Categories of Services
                   January 2004-January 2005          2000=100, unless otherwise noted
                                                                           Index                       Percent Change

                                                                                        Annual           Monthly
                                                          Trade                          Jan.     Sept.    Oct.     Nov.     Dec.
                        Description                       (Mil.                          2004     2004     2004     2004     2004
                                                            of     December  January      to       to       to       to       to
                                                         Dollars)    2004      2005      Jan.     Oct.     Nov.     Dec.     Jan.
                                                            1/                           2005     2004     2004     2004     2005

    INBOUND

      Air Passenger Fares (Dec. 2003=100)...............   38589    112.5     117.8       9.4     -1.4      1.4      2.2      4.7
           Europe (Dec. 2003=100).......................   15654    114.0     117.1      10.7     -0.2     -0.3      4.1      2.7
           Asia (Dec. 2003=100).........................   12401    109.6     117.7       6.2     -4.9      0.7     -0.5      7.4
           Latin America/Caribbean (Dec. 2003=100)......    5604    107.8     117.0       6.4     -0.8      5.9     -0.4      8.5
           Canada (Dec. 2003=100).......................    2905    127.0     124.1      23.7      5.0      4.4      8.2     -2.3

      Crude Oil Tanker Freight..........................    3434     n.a.      n.a.      n.a.     12.9     16.7     n.a.     n.a.

      Ocean Liner Freight...............................   17817    122.7     121.5      n.a.     n.a.     n.a.     n.a.     -1.0
           U.S. East Coast..............................    6938    115.0     114.7      n.a.     n.a.     n.a.     n.a.     -0.3
                 From Atlantic..........................    3022    110.8     111.5      n.a.     n.a.     n.a.     n.a.      0.6
                 From Pacific...........................    2817    113.3     111.9      n.a.     n.a.     n.a.     n.a.     -1.2
           U.S. West Coast..............................   10879    128.2     126.4      n.a.     n.a.     n.a.     n.a.     -1.4

    OUTBOUND

      Air Passenger Fares (Dec. 2003=100)...............   43898    108.4     108.8       7.7     -3.9     -3.0      1.8      0.4
           Europe (Dec. 2003=100).......................   21857    110.3     110.4      10.2     -6.5     -5.8      0.9      0.1
           Asia (Dec. 2003=100).........................    7190    107.4     105.7       6.7     -1.0     -2.5      4.1     -1.6
           Latin America/Caribbean (Dec. 2003=100)......    9206    105.2     106.3       3.9     -0.4      2.3      2.1      1.0
           Canada (Dec. 2003=100).......................    2982    110.4     112.7       8.2      1.5      1.8     -0.6      2.1


    1   Trade dollar values are based on 2000 trade values.

    NOTES:  Data may be revised in each of the three months after original publication.
            n.a.  Not available


                         TECHNICAL NOTE

Import and Export Merchandise and Services Price Indexes -- All
indexes use a modified Laspeyres formula and are not seasonally
adjusted.  Price indexes for merchandise goods are reweighted
annually, with a two-year lag in the weights.  The merchandise price
indexes are published using three classifications:  the Harmonized
System (HS), the Bureau of Economic Analysis (BEA) End Use System, and
the Standard International Trade Classification (SITC) system, Rev. 3.
Price indexes for internationally traded services are presented using
two definitions: Balance of Payments (which represent transactions
between U.S. and foreign residents) and International (which represent
transactions inbound to and outbound from the U.S.).  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.

Import Price Indexes -- Products have been classified by the
Harmonized Tariff Schedule of the United States Annotated (TSUSA).
Import prices are based on U.S. dollar prices paid by the U.S.
importer.  The prices are generally either "free on board" (f.o.b.)
foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port
transaction prices, depending on the practices of the individual
industry.  The index for crude petroleum is calculated from data
collected by the U.S. Department of Energy.

Export Price Indexes -- Products have been classified by the
Harmonized Schedule B classification system of the U.S. Bureau of the
Census.  The prices used are generally either "free alongside ship"
(f.a.s.) factory or "free on board" (f.o.b.) transaction prices,
depending on the practices of the individual industry.  Prices used in
the grain index, excluding rice, are obtained from the U.S. Department
of Agriculture.

Import Indexes by Locality of Origin -- Prices used in these indexes
are a subset of the data collected for the Import Price Indexes.
Beginning with January 2002, the indexes are defined by locality of
origin using a nomenclature based upon the North American Industry
Classification System (NAICS).  Nonmanufactured goods are defined as
NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33.

Services Price Indexes -- The Air Passenger Fares Indexes are
calculated from data collected from a commercial airline reservation
system.  These data exclude frequent flyer tickets and those sold by
consolidators. The Crude Oil Tanker Freight Indexes are calculated
from data collected by the U. S. Department of Energy, and the
publication of these indexes is lagged two months. The Air Freight and
Ocean Liner Freight Indexes are calculated from data collected
directly from companies. The trade dollar figures for services indexes
will not sum up to the aggregate dollar value because not all
categories are shown in the tables.  Fact sheets specifying detailed
information for each services industry are available at
http://www.bls.gov/mxp under "Publications and Other Documentation".

Revision Policy -- To reflect the availability of late reports and
corrections by respondents, monthly data may be revised in each of the
three months after original publication and quarterly data may be
revised one quarter after original publication.

Uses of the Data -- The primary use of the indexes is to deflate trade
statistics.  For merchandise trade, the End Use classification system
is the structure used by the U.S. Department of Commerce in the
construction of the foreign trade sector of the National Income and
Product Accounts.  Indexes published using the Harmonized System and
the Standard International Trade Classification, Rev. 3, both
international structures, are useful for general market analysis.  For
trade in international services, Balance of Payments indexes are used
for deflating National Accounts data, while International indexes are
more appropriate for market analysis.  Merchandise and services
indexes also can be used to study U.S. competitiveness and price
elasticities, and the merchandise import indexes by country or region
of origin are useful for terms of trade analysis.


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