U.S. IMPORT AND EXPORT PRICE INDEXES – JUNE 2017 

U.S. import prices declined 0.2 percent in June, the U.S. Bureau of Labor Statistics reported today, after a 

0.1-percent decrease in May. Lower fuel prices drove the drop in June, which more than offset higher 

nonfuel prices. The price index for U.S. exports fell 0.2 percent in June following a 0.5-percent decline in 

May. 

Chart 1. One-month percent change in the Import Price Index: June 2016 – June 2017 

 Percent change 

Chart 2. 12-month percent change in the Import Price Index: June 2016 – June 2017 

 Percent change 

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Transmission of material in this release is embargoed until 

8:30 a.m. (EDT) Tuesday, July 18, 2017 

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

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

USDL-17-1010
2

All Imports: Import prices declined 0.2 percent in June. For the second consecutive month the decline was 

driven by lower fuel prices. Despite the monthly decrease in June, the price index for U.S. imports rose 1.5 

percent over the past 12 months. The last over-the-year decline in import prices was a 0.2-percent decrease 

for the 12-month period ended in October. 

Fuel Imports: The price index for fuel imports fell for a fourth consecutive month, declining 2.1 percent in 

June, after decreasing 4.6 percent over the previous 3 months. The main contributor to the drop was a 2.2-

percent decline in petroleum prices. Natural gas prices also fell in June, decreasing 1.0 percent. Despite the 

recent drops, import fuel prices advanced 6.3 percent over the 12-month period ended in June. The import 

price index for petroleum increased 4.5 percent over the past year and natural gas prices rose 58.6 percent. 

All Imports Excluding Fuel: Prices for nonfuel imports ticked up 0.1 percent in June after recording no 

change in May. The index for nonfuel imports has not recorded a monthly decline since a 0.1-percent dip in 

January. Higher import prices for foods, feeds, and beverages and capital goods more than offset lower 

prices for automotive vehicles, consumer goods, and nonfuel industrial supplies and materials. Prices for 

nonfuel imports advanced 1.0 percent over the past 12 months and the index has not recorded a 12-month 

decline since a 0.2-percent decrease in November. Rising prices for nonfuel industrial supplies and materials 

and foods, feeds, and beverages more than offset decreasing prices for capital goods and automotive 

vehicles over the 12-month period ended in June. Consumer goods prices recorded no change over the past 

year.

 

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

Chart 3. One-month percent change in the Export Price Index: June 2016 – June 2017 

 Percent change 

Chart 4. 12-month percent change in the Export Price Index: June 2016 – June 2017 

 Percent change

All Exports: Prices for U.S. exports fell for a second consecutive month in June, declining 0.2 percent. 

Falling prices for agricultural exports drove the decrease as nonagricultural export prices recorded no 

change. U.S. export prices increased over the past year, advancing 0.6 percent. The price index for U.S. 

exports has not recorded a 12-month decline since a 0.2-percent fall in November. 

Agricultural Exports: The price index for agricultural exports decreased 1.5 percent in June following a 

1.6-percent drop in May. Falling prices for vegetables, soybeans, and fruit drove the June decrease, more 

than offsetting higher prices for meat. Prices for agricultural exports recorded a 3.9-percent decline over the 

12-month period ended in June, the first over-the-year decrease since the index fell 0.3 percent for the year 

ended in December. Lower export prices for soybeans, fruit, and corn led the decrease in agricultural prices 

between June 2016 and June 2017. 

All Exports Excluding Agriculture: Nonagricultural export prices recorded no change in June following a 

0.4-percent decline in May. Advancing prices for nonagricultural industrial supplies and materials and 

consumer goods were offset by decreasing prices for automotive vehicles. Export prices for capital goods 

recorded no change in June. The price index for nonagricultural exports increased 1.1 percent over the past 

12 months as higher prices for nonagricultural industrial supplies and materials and capital goods more than 

offset falling prices for consumer goods. Automotive vehicle prices recorded no change over the past year. 

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4

SELECTED JUNE HIGHLIGHTS 

Import Prices 

Imports by Locality of Origin: Import prices from China declined 0.1 percent in June. The price index for 

imports from China fell 1.0 percent over the past 12 months and has not recorded a 12-month increase since 

advancing 0.1 percent in October 2014. The price index for imports from Japan decreased 0.1 percent in 

June and increased 1.0 percent over the past year. Import prices fell 0.9 percent from Canada and decreased 

0.2 percent from Mexico in June, after advancing 0.8 percent and 0.3 percent, respectively, the previous 

month. The price index for imports from the European Union rose 0.4 percent in June.

Nonfuel Industrial Supplies and Materials: Prices for nonfuel industrial supplies and materials decreased 

0.2 percent in June, after falling 0.4 percent the previous month. A 0.8-percent drop in chemical prices and a 

1.0-percent decrease in prices for building materials more than offset higher prices for gold and other 

precious metals. 

 

Finished Goods: Major finished goods prices were mostly up in June. Import prices for capital goods 

increased 0.2 percent, after recording no change over the previous 3 months. The increase in capital goods 

prices was driven by a 0.4-percent advance in prices for computers, peripherals, and semiconductors. Prices 

for automotive vehicles fell 0.2 percent following increases of 0.1 percent in May and 0.5 percent in April. 

In contrast, consumer goods prices declined 0.1 percent. 

Foods, Feeds, and Beverages: The price index for import foods, feeds, and beverages advanced 0.9 percent 

in June following a 1.0-percent rise in May and a 0.4-percent increase in April. Import prices for vegetables 

led the overall advance in June, rising 6.7 percent. Prices for meat imports also contributed to the overall 

advance in foods, feeds, and beverages prices, increasing 2.1 percent. 

Transportation Services: Import air passenger fares advanced 3.7 percent in June. The increase was 

largely driven by a 10.9-percent rise in Asian fares and a 4.2-percent advance in European fares. Import air 

passenger fares declined 3.8 percent over the past 12 months. Import air freight prices fell 0.8 percent in 

June. Despite the decline, the index increased 11.8 percent over the past year, the largest 12-month advance 

since the index for import air freight rose 13.7 percent in September 2011.

Export Prices 

Nonagricultural Industrial Supplies and Materials: Export prices for nonagricultural industrial supplies 

and materials rose 0.1 percent in June following a 1.4-percent decline in May. The June increase was driven 

by a 1.7-percent advance for other petroleum products and a 2.8-percent rise in nonmonetary gold prices. 

Finished Goods: Price movements for major finished goods exports were mixed in June. Export consumer 

goods prices rose for the fourth consecutive month, advancing 0.2 percent led by a 0.4-percent increase for 

manufactured durable goods. The price index for export automotive vehicles fell 0.1 percent in June, after 

recording no change in May. Export prices for capital goods recorded no change in June. 

Transportation Services: Export air passenger fares rose 4.9 percent in June, the largest monthly advance 

since a 7.9-percent rise in December. European fares drove the increase in June, advancing 7.7 percent. 

Export air passenger fares rose 2.3 percent for the year ended in June. Export air freight prices increased 0.4 

percent in June and rose 4.3 percent over the past year, the largest 12-month increase since a 4.4-percent 

advance in April 2015. 

 

Import and Export Price Index data for July 2017 are scheduled for release on Tuesday, August 15, 2017 at 

8:30 a.m. (EDT). 
Table 1. U.S. import price indexes and percent changes for selected categories of goods: June 2016 to June

2017

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

All commodities................................... 100.000 122.7 122.5 1.5 -0.2 0.2 -0.1 -0.2

All imports excluding food and fuels (Dec.

2010=100)........................................ 84.716 98.9 98.9 0.8 0.2 0.2 0.0 0.0

All imports excluding petroleum.............. 91.596 111.9 112.0 1.4 0.1 0.3 0.0 0.1

All imports excluding fuels (Dec.

2001=100)........................................ 90.942 115.9 116.0 1.0 0.2 0.3 0.0 0.1

Foods, feeds, & beverages................... 0 6.183 180.3 182.0 5.6 -0.2 0.4 1.0 0.9

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 4.832 197.5 199.7 6.6 -0.1 0.6 1.2 1.1

Nonagricultural foods (fish, distilled

beverages).................................. 01 1.351 141.7 142.2 2.6 -0.4 -0.5 0.4 0.4

Industrial supplies & materials.............. 1 22.610 168.6 167.1 5.7 -0.4 0.4 -0.8 -0.9

Industrial supplies & materials excluding

petroleum.................................... 14.395 148.0 147.8 6.5 0.9 1.1 -0.5 -0.1

Industrial supplies & materials excluding

fuels (Dec. 2001=100)..................... 13.586 167.6 167.3 5.2 1.5 0.9 -0.4 -0.2

Industrial supplies & materials, durable. . .. 8.441 158.1 158.1 6.9 1.6 1.1 -0.4 0.0

Industrial supplies & materials nondurable

excluding petroleum....................... 5.765 135.4 134.8 5.8 0.0 1.0 -0.5 -0.4

Fuels & lubricants............................. 10 9.058 172.0 168.4 6.3 -3.0 -0.4 -1.2 -2.1

Petroleum & petroleum products......... 100 8.404 185.0 180.9 4.5 -2.6 -0.7 -1.2 -2.2

Crude........................................ 10000 5.975 190.0 183.3 3.3 -3.3 -0.6 -0.2 -3.5

Fuels, n.e.s.-coals & gas.................. 101 0.500 104.9 104.1 52.0 -10.2 6.1 -2.4 -0.8

Gas-natural.................................. 10110 0.377 83.6 82.8 58.6 -13.6 8.0 -3.1 -1.0

Paper & paper base stocks.................. 11 0.543 106.9 107.4 0.0 -0.1 1.3 0.5 0.5

Materials associated with nondurable

supplies & materials....................... 12 4.636 154.3 153.5 2.9 1.4 0.4 -0.3 -0.5

Selected building materials.................. 13 1.466 146.7 145.2 5.7 1.3 2.5 0.8 -1.0

Unfinished metals related to durable

goods........................................ 14 3.495 213.2 213.8 12.9 2.8 0.9 -1.4 0.3

Finished metals related to durable

goods........................................ 15 1.724 149.1 149.8 3.3 0.4 1.5 0.3 0.5

Nonmetals related to durable goods. . . . . .. 16 1.687 109.0 108.8 0.1 0.6 0.1 -0.3 -0.2

Capital goods................................... 2 27.433 88.7 88.9 -0.1 0.0 0.0 0.0 0.2

Electric generating equipment............... 20 3.315 116.3 116.8 0.8 0.2 -0.1 -0.1 0.4

Nonelectrical machinery...................... 21 21.554 81.3 81.4 -0.1 0.1 0.2 0.0 0.1

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 2.565 134.6 134.5 -1.5 -0.1 -1.5 0.1 -0.1

Automotive vehicles, parts & engines..... 3 16.340 110.7 110.5 -0.1 0.0 0.5 0.1 -0.2

Consumer goods, excluding

automotives.................................. 4 27.434 107.0 106.9 0.0 -0.2 0.1 0.0 -0.1

Nondurables, manufactured................. 40 13.482 121.7 121.7 1.6 0.1 0.2 0.0 0.0

Durables, manufactured...................... 41 12.620 93.0 93.0 -1.3 -0.1 -0.1 -0.1 0.0

Nonmanufactured consumer goods. . . . . . .. 42 1.332 116.4 115.0 -3.4 -3.0 1.2 0.1 -1.2

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

5
Table 2. U.S. export price indexes and percent changes for selected categories of goods: June 2016 to June

2017

[2000=100, unless otherwise noted]

Description End Use

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

All commodities................................... 100.000 121.8 121.6 0.6 0.1 0.2 -0.5 -0.2

Agricultural commodities....................... 9.453 177.5 174.8 -3.9 1.1 0.1 -1.6 -1.5

All exports excluding food and fuels (Dec.

2010=100)........................................ 83.517 98.7 98.7 0.4 0.3 -0.1 -0.1 0.0

Nonagricultural commodities.................. 90.547 117.6 117.6 1.1 0.0 0.3 -0.4 0.0

Foods, feeds, & beverages................... 0 8.778 179.2 176.3 -4.2 1.2 0.5 -2.0 -1.6

Agricultural foods, feeds & beverages,

excluding distilled beverages............. 00 8.162 178.5 175.8 -4.8 1.0 0.3 -1.9 -1.5

Nonagricultural foods (fish, distilled

beverages).................................. 01 0.616 197.3 191.0 3.3 3.2 3.4 -3.5 -3.2

Industrial supplies & materials.............. 1 29.587 145.6 145.6 3.4 -0.1 0.3 -1.3 0.0

Industrial supplies & materials, durable. . .. 10.667 158.1 157.6 3.9 1.2 -0.2 -0.6 -0.3

Industrial supplies & materials,

nondurable.................................. 18.962 139.9 140.1 3.2 -0.8 0.6 -1.7 0.1

Agricultural industrial supplies &

materials..................................... 10 1.292 176.7 174.3 2.5 1.3 -1.2 0.6 -1.4

Nonagricultural industrial supplies &

materials...................................... 28.296 144.6 144.7 3.5 -0.1 0.4 -1.4 0.1

Fuels & lubricants............................. 11 7.747 161.4 161.6 9.3 -3.0 3.5 -2.9 0.1

Nonagricultural supplies & materials

excluding fuels & building materials. . . .. 12 19.509 150.1 150.2 1.4 0.9 -0.8 -0.9 0.1

Selected building materials.................. 13 1.040 120.2 119.9 3.9 1.6 0.4 0.5 -0.2

Capital goods................................... 2 38.422 107.7 107.7 0.6 0.2 0.1 0.1 0.0

Electrical generating equipment............. 20 3.979 112.8 112.6 0.1 0.6 0.1 0.0 -0.2

Nonelectrical machinery...................... 21 25.141 93.8 93.8 -0.4 0.1 0.1 0.0 0.0

Transportation equipment excluding motor

vehicles (Dec. 2001=100)................. 22 9.302 170.3 170.5 3.7 0.1 0.2 0.2 0.1

Automotive vehicles, parts & engines..... 3 10.380 113.3 113.2 0.0 0.0 0.2 0.0 -0.1

Consumer goods, excluding

automotives.................................. 4 12.833 108.3 108.5 -1.5 0.2 0.3 0.1 0.2

Nondurables, manufactured................. 40 6.214 104.2 104.3 -1.6 0.0 0.7 0.1 0.1

Durables, manufactured...................... 41 5.211 106.9 107.3 -0.5 0.1 0.0 0.1 0.4

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

6
Table 3. U.S. import price indexes and percent changes for selected industries: June 2016 to June 2017

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

Nonmanufacturing................................ 8.675 95.5 93.7 8.2 -3.7 0.1 0.2 -1.9

Agriculture, forestry, fishing and

hunting........................................ 11 2.068 185.4 187.2 14.3 -2.8 1.2 2.0 1.0

Crop production............................... 111 1.650 197.9 200.8 15.7 -2.9 2.1 2.1 1.5

Animal production (Dec. 2014=100)........ 112 0.212 81.2 82.5 2.6 -1.0 -1.1 3.4 1.6

Mining............................................ 21 6.607 84.9 82.5 6.3 -3.9 -0.4 -0.2 -2.8

Oil and gas extraction........................ 211 6.328 84.3 81.5 5.6 -4.3 -0.1 -0.6 -3.3

Mining (except oil and gas) (Dec.

2006=100)................................... 212 0.280 110.2 118.9 25.2 2.3 -3.7 6.3 7.9

Manufacturing..................................... 91.041 109.9 109.9 0.8 0.3 0.2 -0.1 0.0

Manufacturing, part 1......................... 31 11.956 124.2 124.5 0.5 0.1 0.1 0.2 0.2

Food manufacturing.......................... 311 3.501 156.0 156.9 2.3 0.3 0.2 0.7 0.6

Beverage and tobacco product

manufacturing............................... 312 1.062 118.3 118.6 -0.2 0.2 -0.1 0.1 0.3

Textile mills (Dec. 2011=100)............... 313 0.399 98.1 98.2 -0.5 0.2 0.2 -0.3 0.1

Textile product mills.......................... 314 0.933 108.5 108.6 -0.1 0.4 0.0 0.0 0.1

Apparel manufacturing....................... 315 4.208 110.9 111.0 -0.3 -0.1 0.0 -0.2 0.1

Leather and allied product

manufacturing............................... 316 1.852 123.1 123.2 -0.1 -0.1 0.0 0.2 0.1

Manufacturing, part 2......................... 32 17.560 120.2 120.1 3.3 0.7 0.3 -0.5 -0.1

Wood product manufacturing................ 321 0.912 128.9 126.6 9.5 1.9 3.9 1.3 -1.8

Paper manufacturing......................... 322 1.024 104.7 105.0 -0.6 -0.1 0.3 0.2 0.3

Printing and related support activities

(Dec. 2016=100)........................... 323 0.223 100.1 100.1 – 0.0 0.0 0.0 0.0

Petroleum and coal products

manufacturing............................... 324 2.197 80.5 81.6 6.8 0.1 -0.7 -3.2 1.4

Chemical manufacturing..................... 325 9.957 135.9 135.5 3.6 0.8 0.4 -0.2 -0.3

Plastics and rubber products

manufacturing............................... 326 2.238 117.9 117.8 0.5 0.8 0.3 -0.1 -0.1

Nonmetallic mineral product

manufacturing............................... 327 1.010 128.4 127.6 -1.6 -0.2 0.0 -0.1 -0.6

Manufacturing, part 3......................... 33 61.524 103.5 103.6 0.3 0.1 0.2 -0.1 0.1

Primary metal manufacturing................ 331 4.171 141.0 141.1 11.8 2.4 0.6 -1.2 0.1

Fabricated metal product manufacturing... 332 3.094 122.3 122.6 0.4 0.1 0.8 0.0 0.2

Machinery manufacturing.................... 333 7.082 116.1 116.4 -0.1 0.1 0.2 -0.2 0.3

Computer and electronic product

manufacturing............................... 334 17.621 75.8 75.9 -0.8 0.0 0.0 0.0 0.1

Electrical equipment, appliance, and

component manufacturing................. 335 4.916 114.5 114.5 0.0 -0.2 0.4 -0.1 0.0

Transportation equipment manufacturing... 336 17.583 109.7 109.5 -0.3 0.0 0.2 0.1 -0.2

Furniture and related product

manufacturing............................... 337 1.735 115.3 115.3 0.0 0.0 0.1 0.0 0.0

Miscellaneous manufacturing............... 339 5.323 117.4 117.5 -1.9 0.1 -0.2 0.0 0.1

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

7
Table 4. U.S. export price indexes and percent changes for selected industries: June 2016 to June 2017

[December 2005=100, unless otherwise noted]

Description NAICS

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

Nonmanufacturing................................ 7.451 132.7 129.0 1.8 -1.9 1.3 0.0 -2.8

Agriculture, forestry, fishing and

hunting........................................ 11 4.601 154.2 148.5 -8.4 1.4 -0.1 -2.8 -3.7

Crop production............................... 111 4.238 160.0 154.4 -9.2 1.1 -0.5 -2.7 -3.5

Mining............................................ 21 2.850 82.0 80.9 23.3 -7.4 3.9 4.9 -1.3

Mining (except oil and gas).................. 212 1.243 102.6 101.7 32.1 -2.7 -3.9 3.2 -0.9

Manufacturing..................................... 91.051 111.9 112.0 0.6 0.2 0.3 -0.4 0.1

Manufacturing, part 1......................... 31 7.111 137.7 137.8 1.7 0.9 -0.1 0.4 0.1

Food manufacturing.......................... 311 4.780 156.0 156.5 2.7 0.8 0.3 0.5 0.3

Beverage and tobacco product

manufacturing............................... 312 0.706 111.5 110.6 0.8 2.9 -1.8 1.2 -0.8

Textile mills (Dec. 2016=100)............... 313 0.676 101.4 101.2 – 0.3 -0.3 -0.1 -0.2

Leather and allied product manufacturing

(Dec. 2016=100)........................... 316 0.285 98.7 98.5 – -0.2 -0.2 -1.2 -0.2

Manufacturing, part 2......................... 32 23.671 105.8 106.0 -0.2 -0.1 0.7 -1.9 0.2

Paper manufacturing......................... 322 1.616 115.7 115.9 -4.1 -2.5 2.3 -1.3 0.2

Petroleum and coal products

manufacturing............................... 324 4.988 89.7 90.4 3.8 -1.8 3.3 -6.6 0.8

Chemical manufacturing..................... 325 13.128 112.7 112.7 -1.1 0.5 -0.2 -0.7 0.0

Plastics and rubber products

manufacturing............................... 326 2.312 114.6 114.4 -0.8 0.3 -0.5 0.3 -0.2

Nonmetallic mineral product

manufacturing............................... 327 0.848 113.4 113.6 1.2 1.1 -0.5 0.2 0.2

Manufacturing, part 3......................... 33 60.268 111.9 111.9 0.8 0.2 0.2 0.1 0.0

Primary metal manufacturing................ 331 4.036 137.4 137.5 4.6 1.2 0.7 -0.3 0.1

Fabricated metal product manufacturing... 332 3.333 138.2 138.1 6.1 0.0 0.0 0.6 -0.1

Machinery manufacturing.................... 333 10.298 125.4 125.4 -0.6 0.0 0.2 0.0 0.0

Computer and electronic product

manufacturing............................... 334 14.215 82.6 82.6 -1.3 0.0 0.1 0.0 0.0

Electrical equipment, appliance, and

component manufacturing................. 335 3.997 113.1 113.1 0.4 0.5 0.2 0.0 0.0

Transportation equipment manufacturing... 336 18.562 124.3 124.4 1.8 0.1 0.1 0.1 0.1

Furniture and related product

manufacturing (Dec. 2011=100).......... 337 0.457 117.5 117.5 2.2 -0.2 0.1 0.0 0.0

Miscellaneous manufacturing............... 339 5.370 118.9 119.1 -0.5 0.3 0.1 0.0 0.2

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

8
Table 5. U.S. import price indexes and percent changes for selected categories of goods: June 2016 to June

2017

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

Live animals; animal products................. I 1.518 196.0 198.7 4.9 -0.1 0.3 1.9 1.4

Meat and edible meat offal..................... 02 0.455 250.1 254.8 8.0 1.1 1.9 2.5 1.9

Fish and crustaceans, molluscs and other

aquatic invertebrates......................... 03 0.755 143.9 144.3 3.2 -1.2 -0.8 0.7 0.3

Vegetable products............................... II 2.095 219.7 221.8 19.3 -2.6 2.5 1.5 1.0

Edible vegetables, roots, and tubers.......... 07 0.374 425.9 469.8 15.5 -2.4 2.9 1.0 10.3

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.900 133.3 133.5 62.6 -0.6 4.0 3.7 0.2

Coffee, tea, mate and spices.................. 09 0.358 229.9 226.2 -1.4 -0.9 -1.2 -1.1 -1.6

Animal or vegetable fats and oils (Dec.

2009=100)........................................ III 0.302 115.4 116.4 9.1 -4.9 -0.4 1.7 0.9

Prepared foodstuffs, beverages, and

tobacco........................................... IV 2.686 160.0 160.7 -1.8 0.8 -0.3 0.0 0.4

Sugars and sugar confectionary (Dec.

2012=100)..................................... 17 0.187 86.9 87.6 1.2 -0.2 0.7 0.5 0.8

Cocoa and cocoa preparations (Dec.

2009=100)..................................... 18 0.189 92.7 96.4 -16.2 0.8 -4.6 -1.7 4.0

Preparations of vegetables, fruit, nuts, or

other parts of plants.......................... 20 0.355 164.8 164.6 6.0 4.2 -0.2 0.1 -0.1

Beverages, spirits, and vinegar................ 22 1.002 127.9 128.2 -0.4 0.2 -0.1 0.0 0.2

Mineral products.................................. V 8.959 171.8 168.7 6.8 -2.8 -0.2 -1.0 -1.8

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 8.712 169.5 165.9 6.7 -2.9 -0.1 -1.2 -2.1

Products of the chemical or allied

industries........................................ VI 9.367 152.1 151.8 3.4 0.5 0.0 -0.1 -0.2

Inorganic chemicals............................. 28 0.568 285.1 276.5 5.9 5.8 1.2 -0.3 -3.0

Organic chemicals............................... 29 2.410 124.5 124.1 3.2 1.2 0.2 0.0 -0.3

Pharmaceutical products....................... 30 4.354 148.9 148.9 4.6 -0.4 -0.1 0.0 0.0

Fertilizers (Dec. 2009=100).................... 31 0.258 73.0 72.7 -6.0 -1.1 -2.9 -4.1 -0.4

Tanning extracts; dye, pigments, varnish,

paints & putty (Dec. 2011=100)............. 32 0.192 107.0 108.6 10.4 0.0 5.0 0.1 1.5

Essential oils and resinoids (Dec.

2016=100)..................................... 33 0.542 99.2 99.3 – -0.2 -1.0 0.2 0.1

Miscellaneous chemical products............. 38 0.682 103.4 103.9 3.1 0.7 -0.2 -0.5 0.5

Plastics and articles thereof; rubber and

articles thereof.................................. VII 3.460 139.9 139.2 1.9 0.6 0.2 0.0 -0.5

Plastics and articles thereof.................... 39 2.183 140.8 140.4 0.2 0.6 0.4 0.1 -0.3

Rubber and articles thereof.................... 40 1.277 139.6 138.5 5.2 0.4 0.1 -0.1 -0.8

Raw hides, skins, leather, furskins, travel

goods, etc....................................... VIII 0.687 123.6 123.6 0.1 -0.1 -0.2 0.6 0.0

Articles of leather; travel goods, bags, etc.

of various materials........................... 42 0.656 128.8 128.8 -0.1 -0.1 -0.2 0.5 0.0

Wood, wood charcoal, cork, straw,

basketware and wickerwork................. IX 0.945 156.5 154.4 9.8 1.9 3.9 1.2 -1.3

Wood and articles of wood; wood charcoal

(Dec. 2014=100).............................. 44 0.920 107.9 106.4 10.1 2.0 3.9 1.3 -1.4

Woodpulp, recovered paper, and paper

products......................................... X 1.091 110.3 110.6 0.6 0.0 0.3 0.3 0.3

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 0.721 103.0 102.9 -1.5 0.0 -0.6 -0.1 -0.1

Printed matter (Dec. 2015=100)............... 49 0.221 106.1 106.1 5.8 0.0 0.0 0.1 0.0

Textile and textile articles....................... XI 5.359 113.1 113.1 -0.1 0.1 0.0 -0.1 0.0

See footnotes at end of table.

9
Table 5. U.S. import price indexes and percent changes for selected categories of goods: June 2016 to June

2017 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

Articles of apparel and clothing accessories,

knitted or crocheted.......................... 61 2.199 103.5 103.6 0.2 0.0 0.0 -0.3 0.1

Articles of apparel and clothing accessories,

not knitted or crocheted...................... 62 1.838 119.0 118.9 -0.8 -0.1 0.0 0.0 -0.1

Made-up or worn textile articles............... 63 0.654 103.8 103.8 0.9 0.4 0.0 0.1 0.0

Headgear, umbrellas, artificial flowers,

etc................................................. XII 1.525 122.3 122.3 -0.5 -0.1 0.0 0.0 0.0

Footwear and parts of such articles........... 64 1.291 121.4 121.4 -0.5 -0.1 0.0 0.0 0.0

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.942 129.8 129.1 -2.0 -0.2 0.0 -0.2 -0.5

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.324 95.7 94.2 -5.3 -0.3 -0.1 -0.5 -1.6

Ceramic products................................ 69 0.273 136.7 136.6 -0.4 -0.3 0.1 -0.1 -0.1

Glass and glassware............................ 70 0.345 130.0 129.9 -0.1 0.1 0.1 0.2 -0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 2.796 168.5 170.6 1.8 1.3 0.4 -1.2 1.2

Base metals and articles of base metals. . .. XV 5.541 166.5 166.0 7.0 1.4 0.8 -0.5 -0.3

Iron and steel.................................... 72 1.367 197.8 195.5 15.3 3.0 1.6 -0.7 -1.2

Articles of iron or steel.......................... 73 1.664 141.1 142.0 2.9 0.3 1.2 0.4 0.6

Copper and articles thereof.................... 74 0.378 266.3 266.2 10.4 0.9 -1.7 -1.8 0.0

Aluminum and articles thereof................. 76 0.812 129.4 128.4 6.2 3.0 0.9 -0.4 -0.8

Tools, implements, cutlery, spoons and

forks, of base metal; parts thereof.......... 82 0.435 122.7 122.4 0.1 0.1 0.1 -0.2 -0.2

Miscellaneous articles of base metal. . . . . . . .. 83 0.522 136.6 136.5 -0.1 0.1 0.8 0.1 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 29.837 80.4 80.4 -0.5 0.0 0.0 0.0 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 14.824 85.7 85.8 0.0 0.1 0.1 0.0 0.1

Electrical machinery and equip, sound and

TV recorders & reproducers, parts......... 85 15.014 75.3 75.3 -0.9 -0.1 -0.1 0.0 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 14.669 114.3 114.2 0.0 0.0 0.4 0.0 -0.1

Motor vehicles and their parts................. 87 13.201 113.2 113.2 0.3 0.0 0.5 0.0 0.0

Aircraft, spacecraft, and parts thereof (Dec.

2002=100)..................................... 88 1.336 116.1 115.8 -2.7 -0.2 -2.1 0.0 -0.3

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 3.852 101.1 101.4 -1.9 -0.2 0.2 -0.2 0.3

Optical, photographic, measuring and

medical instruments.......................... 90 3.524 97.8 98.0 -2.3 -0.2 0.2 -0.2 0.2

Clocks and watches and parts thereof. . . . . .. 91 0.268 142.0 142.5 0.7 -0.1 0.2 0.0 0.4

Miscellaneous manufactured articles......... XX 4.292 110.9 110.9 -1.2 0.1 -0.4 0.0 0.0

Furniture & stuffed furnishings; lamps &

lighting fittings, nesoi; prefab bldgs......... 94 2.653 116.5 116.4 -0.3 0.0 0.0 0.1 -0.1

Toys, games and sports equipment; parts

and accessories thereof...................... 95 1.363 101.4 101.4 -2.1 0.0 -1.3 0.0 0.0

Miscellaneous manufactured articles. . . . . . . .. 96 0.276 129.9 129.7 -4.3 0.1 0.0 0.1 -0.2

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

10
Table 6. U.S. export price indexes and percent changes for selected categories of goods: June 2016 to June

2017

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

Live animals; animal products................. I 1.895 203.4 206.6 10.9 2.7 1.0 -0.3 1.6

Meat & edible meat offal (Dec. 2006=100)... 02 1.112 162.1 166.2 11.2 5.3 0.8 1.6 2.5

Fish and crustaceans, mollusks and aquatic

invertebrates (Dec. 2016=100).............. 03 0.399 106.8 102.1 – 3.3 6.0 -6.7 -4.4

Vegetable products............................... II 4.301 194.5 187.1 -10.0 1.3 0.5 -4.9 -3.8

Edible fruit and nuts; peel of citrus fruit or

melons.......................................... 08 0.823 137.6 133.4 -15.7 2.1 -1.1 -3.1 -3.1

Cereals............................................ 10 1.203 175.2 177.4 -7.8 2.3 -4.7 0.9 1.3

Oilseeds and misc. grains, seeds, fruits,

plants, straw and fodder..................... 12 1.629 196.1 190.7 -13.4 1.6 -8.7 2.0 -2.8

Prepared foodstuffs, beverages,and

tobacco........................................... IV 3.102 148.7 147.3 -1.8 0.6 0.4 0.5 -0.9

Preparations of vegetables, fruit, nuts or

other parts of plants (Dec. 2009=100). . . .. 20 0.385 117.0 117.0 -1.6 0.1 0.2 0.1 0.0

Beverages, spirits, and vinegar (Dec.

2008=100)..................................... 22 0.555 112.0 111.0 -0.1 1.4 1.0 -0.1 -0.9

Residues and waste from the food

industries; prepared animal feed............ 23 0.723 196.3 191.9 -8.2 -1.0 -1.1 0.7 -2.2

Mineral products.................................. V 8.058 191.7 191.7 14.4 -2.9 3.2 -2.3 0.0

Ores, slag and ash (Dec. 2012=100)......... 26 0.544 91.4 89.5 17.9 -0.7 0.6 -2.1 -2.1

Mineral fuels, oils and residuals, bituminous

substances and mineral waxes............. 27 7.320 183.0 183.3 14.5 -3.2 3.5 -2.5 0.2

Products of the chemical or allied

industries........................................ VI 10.778 133.1 132.7 -2.6 0.4 -0.7 -0.5 -0.3

Inorganic chemicals............................. 28 0.808 168.3 160.3 -7.7 -0.3 -5.1 -0.2 -4.8

Organic chemicals............................... 29 2.495 129.3 130.0 -2.3 1.6 -2.4 -2.1 0.5

Pharmaceutical products....................... 30 3.171 104.5 104.7 -2.4 0.0 1.1 0.2 0.2

Fertilizers (Dec. 2016=100).................... 31 0.254 109.8 107.7 – 3.8 4.1 1.9 -1.9

Tanning or dyeing extracts, dyes, paints

varnish, putty, & inks (Dec. 2015=100). . .. 32 0.527 98.6 100.3 1.9 0.2 0.3 0.4 1.7

Essential oils and resinoids; perfumery

cosmetic or toilet preparations.............. 33 0.825 133.4 132.7 -1.3 0.1 1.1 -0.1 -0.5

Soap; lubricants; waxes, polishing or

scouring products; candles, pastes......... 34 0.505 113.5 112.5 -3.4 -0.6 -1.1 -1.1 -0.9

Miscellaneous chemical products............. 38 1.758 144.4 143.5 -3.1 -0.2 -0.4 -0.3 -0.6

Plastics and articles thereof; rubber and

articles thereof.................................. VII 5.133 137.8 138.0 1.2 1.1 0.1 -1.1 0.1

Plastics and articles thereof.................... 39 4.144 132.4 132.9 0.9 0.7 0.3 -0.5 0.4

Rubber and articles thereof.................... 40 0.989 161.1 159.9 2.6 2.6 -0.5 -3.4 -0.7

Raw hides, skins, leather, furskins, travel

goods, etc........................................ VIII 0.348 122.0 121.1 1.5 0.7 -0.2 -1.4 -0.7

Wood, wood charcoal, cork, straw, baskets

and wickerwork (Dec. 2014=100)............ IX 0.638 98.2 97.2 1.8 4.3 0.3 1.3 -1.0

Woodpulp, recovered paper, and paper

products......................................... X 2.100 123.9 126.7 4.5 2.4 -3.6 -0.3 2.3

Woodpulp and recovered paper............... 47 0.651 130.4 139.3 13.7 6.8 -11.7 -0.9 6.8

Paper and paperboard; articles of paper

pulp, paper or paperboard................... 48 1.095 120.2 120.5 0.7 0.1 0.8 -0.1 0.2

Printed material (Dec. 2014=100)............. 49 0.354 101.5 101.5 1.1 0.9 0.0 0.0 0.0

Textile and textile articles....................... XI 1.764 121.1 120.3 0.7 -0.6 0.1 0.0 -0.7

Cotton, including yarns and woven fabrics

thereof.......................................... 52 0.471 130.6 127.5 8.1 1.1 0.1 0.5 -2.4

See footnotes at end of table.

11
Table 6. U.S. export price indexes and percent changes for selected categories of goods: June 2016 to June

2017 — Continued

[2000=100, unless otherwise noted]

Description

Harmonized

system

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb.

2017 to

Mar.

2017

Mar.

2017 to

Apr.

2017

Apr.

2017 to

May

2017

May

2017 to

June

2017

Stone, plaster, cement, asbestos,

ceramics, glass etc............................ XIII 0.838 122.8 123.0 0.2 0.8 -0.6 0.2 0.2

Articles of stone, plaster, cement, asbestos,

or mica (Dec. 2015=100).................... 68 0.280 101.1 101.1 0.6 0.8 0.2 -0.1 0.0

Glass and glassware............................ 70 0.429 99.2 99.1 -0.6 0.0 0.0 -0.1 -0.1

Pearls, stones, precious metals, imitation

jewelry, and coins.............................. XIV 4.192 230.5 233.5 1.7 1.8 0.3 -0.8 1.3

Base metals and articles of base metals. . .. XV 4.986 152.7 151.2 5.5 1.0 0.3 -0.1 -1.0

Iron and steel.................................... 72 1.045 157.3 153.4 6.0 2.3 -0.2 -0.7 -2.5

Copper and articles thereof.................... 74 0.478 168.6 167.8 11.8 -0.4 0.2 -0.3 -0.5

Aluminum and articles thereof................. 76 0.862 113.9 111.3 6.3 2.9 0.9 0.2 -2.3

Tools, implements, cutlery, spoons and

forks, of base metal (Dec. 2015=100). . . .. 82 0.350 99.5 99.5 -0.5 0.0 0.0 0.0 0.0

Miscellaneous articles of base metal. . . . . . . .. 83 0.348 148.2 148.0 0.2 0.3 0.0 0.0 -0.1

Machinery, electrical equipment, TV image

and sound recorders, parts, etc............. XVI 28.848 96.1 96.1 0.2 0.1 0.1 0.1 0.0

Machinery and mechanical appliances;

parts thereof................................... 84 16.968 113.7 113.8 0.8 0.0 0.4 0.0 0.1

Electrical machinery and equipment and

parts and accessories thereof............... 85 11.880 77.0 77.0 -0.6 0.1 0.0 0.0 0.0

Vehicles, aircraft, vessels and associated

transport equipment........................... XVII 15.046 132.6 132.7 0.8 0.0 0.2 0.0 0.1

Motor vehicles and their parts................. 87 8.735 115.2 115.1 0.2 0.0 0.2 -0.1 -0.1

Optical, photo, measuring, medical &

musical instruments; & timepieces. . . . . . .. XVIII 6.074 106.4 106.7 0.6 0.0 0.0 0.1 0.3

Miscellaneous manufactured articles......... XX 1.493 112.4 112.4 0.7 -0.2 -0.1 -0.1 0.0

Furniture; stuffed furnishings; lamps and

lighting fittings nesoi;......................... 94 0.903 128.4 128.4 1.7 -0.2 0.2 0.0 0.0

Toys, games and sports equipment; parts

and accessories thereof...................... 95 0.437 88.7 88.7 -0.6 -0.2 -0.7 0.0 0.0

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

12
Table 7. U.S. import price indexes and percent changes by locality of origin: June 2016 to June 2017

[2000=100, unless otherwise noted]

Description

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June 2016

to June

2017

Feb. 2017

to Mar.

2017

Mar. 2017

to Apr.

2017

Apr. 2017

to May

2017

May 2017

to June

2017

Industrialized Countries2

.................... 100.000 119.4 119.3 1.6 -0.3 0.2 0.2 -0.1

Nonmanufacturing........................... 8.627 137.5 134.7 6.6 -4.0 -0.7 3.4 -2.0

Manufacturing................................ 90.919 117.5 117.6 1.1 0.0 0.3 -0.1 0.1

Other Countries3

.............................. 100.000 119.2 118.9 0.4 -0.2 0.2 -0.3 -0.3

Nonmanufacturing........................... 8.798 194.4 190.9 9.0 -3.7 0.1 -0.9 -1.8

Manufacturing................................ 90.996 102.8 102.7 -0.4 0.2 0.1 -0.2 -0.1

Canada.......................................... 100.000 125.3 124.2 3.4 -1.1 -0.1 0.8 -0.9

Nonmanufacturing........................... 23.900 131.8 128.5 6.5 -4.2 -0.8 3.4 -2.5

Manufacturing................................ 75.318 127.4 126.9 2.4 -0.2 0.1 0.1 -0.4

European Union4

.............................. 100.000 132.3 132.8 0.5 0.2 0.0 0.0 0.4

Manufacturing................................ 99.459 129.0 129.4 0.5 0.2 0.1 0.0 0.3

France (Dec. 2003=100)...................... 100.000 120.8 121.1 -1.2 0.3 -0.4 -0.1 0.2

Germany (Dec. 2003=100)................... 100.000 113.8 114.1 0.8 0.0 0.5 -0.1 0.3

United Kingdom (Dec. 2003=100).......... 100.000 117.3 117.7 -0.9 0.0 -0.5 0.2 0.3

Latin America5

................................. 100.000 143.3 142.6 2.3 -0.6 0.7 -0.2 -0.5

Nonmanufacturing........................... 17.936 221.3 217.7 10.5 -4.8 0.9 -0.9 -1.6

Manufacturing................................ 81.723 120.3 120.1 0.6 0.5 0.6 -0.1 -0.2

Mexico (Dec. 2003=100)...................... 100.000 126.9 126.7 0.2 0.4 2.0 0.3 -0.2

Nonmanufacturing (Dec. 2008=100). . . . .. 8.845 123.5 123.4 15.3 2.2 1.0 3.0 -0.1

Manufacturing (Dec. 2008=100)........... 90.846 88.1 88.0 -1.1 0.2 2.1 0.0 -0.1

Pacific Rim (Dec. 2003=100)6

............... 100.000 98.4 98.3 -0.2 0.1 0.0 0.0 -0.1

China (Dec. 2003=100)....................... 100.000 100.1 100.0 -1.0 0.2 -0.1 0.0 -0.1

Japan............................................ 100.000 96.4 96.3 1.0 0.2 -0.1 0.0 -0.1

Asian NICs7

..................................... 100.000 85.8 85.9 1.9 0.4 0.7 0.0 0.1

ASEAN (Dec. 2003=100)8

.................... 100.000 98.0 98.0 0.8 0.1 0.1 0.1 0.0

Asia Near East (Dec. 2003=100)9

........... 100.000 152.8 149.2 3.2 -1.5 -2.8 -1.8 -2.4

1 Relative importance figures are based on 2015 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 3 months after original publication.

Regions are not mutually exclusive.

Dash = Not available

13
Table 8. U.S. international price indexes and percent changes for selected transportation services: June 2016

to June 2017

[2000=100, unless otherwise noted]

Description

Relative

importance

May

20171

Index Percent change

May

2017

June

2017

Annual Monthly

June

2016 to

June

2017

Feb. 2017

to Mar.

2017

Mar. 2017

to Apr.

2017

Apr. 2017

to May

2017

May 2017

to June

2017

Air Freight

Import Air Freight.................................... 100.000 166.2 164.8 11.8 0.6 1.5 0.7 -0.8

Europe (Dec. 2003=100).......................... 24.945 140.8 139.0 0.7 0.1 2.9 0.1 -1.3

Asia.................................................. 62.050 152.9 151.9 18.6 1.1 1.6 0.3 -0.7

Export Air Freight................................... 100.000 159.4 160.1 4.3 1.4 -0.3 0.5 0.4

Europe (Dec. 2006=100).......................... 35.971 146.9 146.9 1.0 -0.2 0.0 -0.1 0.0

Inbound Air Freight................................. 100.000 155.6 155.7 9.8 0.3 0.7 0.8 0.1

Europe (Dec. 2003=100).......................... 26.720 132.3 132.7 -2.0 -0.5 0.9 -0.8 0.3

Asia.................................................. 59.479 143.5 143.8 17.5 0.7 1.4 0.6 0.2

Outbound Air Freight............................... 100.000 139.5 138.7 0.5 0.4 -1.6 1.8 -0.6

Europe (Dec. 2003=100).......................... 30.782 145.4 145.4 3.1 0.6 0.7 0.0 0.0

Asia.................................................. 46.546 134.1 132.7 0.8 0.3 -4.0 4.0 -1.0

Air Passenger Fares

Import Air Passenger Fares....................... 100.000 175.3 181.7 -3.8 -4.0 -3.2 3.9 3.7

Europe............................................... 39.872 189.5 197.4 -11.9 -8.6 -7.5 3.7 4.2

Asia.................................................. 22.573 136.2 151.1 2.3 -0.4 0.2 6.2 10.9

Latin America/Caribbean.......................... 9.746 156.0 162.7 6.8 2.4 0.9 -4.6 4.3

Export Air Passenger Fares....................... 100.000 149.3 156.6 2.3 4.1 -6.0 1.9 4.9

Europe............................................... 30.587 192.9 207.7 -2.4 -4.5 -9.2 3.4 7.7

Asia.................................................. 25.292 123.4 128.2 -4.2 2.2 -1.7 -0.6 3.9

Latin America/Caribbean.......................... 24.383 158.7 161.6 5.5 5.7 -3.0 -2.3 1.8

1 Relative importance figures are based on 2015 trade values.

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

Dash = Not available

14
15 

TECHNICAL NOTE

Announcement - The Bureau of Labor Statistics is utilizing new index estimation and review systems 

for the import and export price indexes effective with the release of the June 2017 price data on July 18, 

2017. The new estimation and index review systems, the first major improvement to the existing 

systems in over 20 years, are redesigned, state-of-the-art systems with improved flexibility and review 

capabilities. The changes to the systems will not have a significant effect on the estimates of price 

change for the U.S. import and export price indexes.

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

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

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

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

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

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

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

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

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

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

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

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

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

NAICS primary products indexes.

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

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

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

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

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

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

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

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

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

Agriculture. 
16 

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

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

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

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

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

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

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

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

the export air passenger fares indexes. The air freight indexes are calculated from data collected directly 

from airlines. These data exclude mail and passenger baggage. The scope of the service being priced is 

the movement of freight from airport to airport only, and does not include any ground transportation or 

port service. The air freight indexes are presented using two definitions: balance of payments (which 

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

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

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

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 3 months after original publication. After 3 months, no further data 

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

in the releases for February, March, and April. 

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

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

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

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

appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. 

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

region of origin are useful in terms of trade analysis. 

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

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

 

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

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

mxpinfo@bls.gov. 

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

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