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                    U.S. IMPORT AND EXPORT PRICE INDEXES
                                - JULY 2004 -

                                      
     The U.S. Import Price Index rose 0.2 percent in July, the Bureau of
Labor Statistics of the U.S. Department of Labor reported today.  The
increase resumed the upward trend in the index, following a modest 0.1
percent decrease in June.  Export prices rose 0.4 percent in July, after a
0.7 percent decline in June.
     
             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 
                                                                                
                                                                                
2003                                                                            
July               0.5        5.2        0.0       -0.1       -0.1      -0.1     
August             0.0        1.8       -0.3        0.0       -1.0       0.1     
September         -0.5       -5.8        0.3        0.4        5.4      -0.1     
October            0.1        1.6       -0.1        0.2        2.4       0.1     
November           0.5        2.1        0.2        0.5        4.0       0.1     
December           0.7        5.1        0.3        0.3        0.4       0.3     
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 r      0.3 r      0.7        2.5 r     0.5     
May                1.5 r      9.5 r      0.3        0.4        0.5       0.3     
June              -0.1 r     -0.9 r      0.0       -0.7 r     -4.6      -0.2 r
July               0.2        0.9        0.1        0.4       -1.0       0.6     
                                                                                 
July 2002-03       2.3       14.6        1.1        1.1        6.3       0.7     
July 2003-04       5.5       29.5        2.6        4.4       14.8       3.5     
                                                                                
r = revised to reflect late reports and corrections by respondents.


Import Goods
     
     Import prices increased 0.2 percent in July, following a petroleum-
driven 0.1 percent decline in June.  Prior to the June downturn, import
prices had been up in each of the previous eight months.  Import petroleum
prices advanced 0.9 percent in July, contributing to the overall increase in
import prices and reversing the 0.9 percent downturn for the index in June.
Prices for petroleum imports were up 29.5 percent over the past 12 months.
Nonpetroleum prices also rose in July, edging up 0.1 percent.  Prices for
nonpetroleum imports have not declined since October and were up 2.6 percent
for the year ended in July.  Overall, import prices rose 5.5 percent over the
same period.
     
     The price index for nonpetroleum industrial supplies and materials was
up 0.2 percent in July as higher prices for chemicals and metals more than
offset lower building materials prices.  Nonpetroleum industrial supplies and
materials prices were up 13.0 percent over the year.  Prices for foods,
feeds, and beverages and for automotive vehicles also increased in July,
rising 0.6 percent and 0.1 percent, respectively.  For the year ended in
July, foods, feeds, and beverages prices were up 5.9 percent, while prices
for import automotive vehicles rose 1.7 percent.  Prices for consumer goods
were unchanged for the second consecutive month in July.  Consumer goods
prices increased 0.4 percent over the year.

     In contrast, capital goods prices were down in July, falling 0.1
percent.  The price index for capital goods has not posted a monthly increase
since January, largely due to lower prices for computers, peripherals, and
semiconductors.  Prices for imported capital goods were down 1.7 percent over
the July 2003-2004 period.
     
     
Export Goods

     Export prices rose 0.4 percent in July, as higher prices for
nonagricultural exports more than offset a decline in the price index for
agricultural exports.  Nonagricultural export prices were up 0.6 percent in
July, resuming the upward trend for the index after decreasing 0.2 percent in
June.  For the year ended in July, prices for nonagricultural exports were up
3.5 percent.  Overall, export prices rose 4.4 percent over the same period.
     
     The index for nonagricultural industrial supplies and materials prices,
up 1.6 percent in July, led the increase in nonagricultural export prices.
Rising prices for iron and steel led the increase, while higher prices for
fuels, chemicals, and paper also were contributing factors.  The price index
for nonagricultural industrial supplies and materials was up 12.1 percent
over the past year.  Prices for consumer goods rose 0.5 percent in July, led
by higher prices for medical, dental, and pharmaceutical materials.  Consumer
goods prices were up 1.3 percent over the past 12 months.  Prices for capital
goods and for automotive vehicles increased 0.1 percent and 0.2 percent,
respectively, in July.  Over the past year, capital goods prices rose 0.5
percent, and prices for automotive vehicles were up 0.7 percent.
     
     In contrast, agricultural export prices were down for the second
consecutive month, declining 1.0 percent in July.  The decrease followed a
4.6 percent drop in June, as lower prices for corn, meat, and wheat more than
compensated for an increase in soybean prices in July.  Despite the recent
declines, prices for agricultural exports were up 14.8 percent over the past
year.

     
Imports by Locality of Origin

     Import prices from Japan rose 0.4 percent in July after falling 0.2
percent in the previous month.  The July increase was the largest monthly
gain since December.  The price index for imports from Japan was up 1.4
percent over the past 12 months.
     
     Prices for imports from the Asian Newly Industrialized Countries
increased 0.1 percent in July, following a 0.3 percent drop in June.  The
index was down 0.9 percent for the year ended in July.
     
     The price indexes for imports from Latin America and from the European
Union both were up in July, rising 0.8 percent and 0.3 percent, respectively.
Import prices from Latin America were up 9.1 percent for the year ended in
July, while prices for imports from the European Union were up 5.3 percent
over the same period.

     In contrast, import prices from Canada fell 0.2 percent in July, the
first decline for the index since October 2003.  The index was up 7.9 percent
over the past year.


Import and Export Services

     Import air passenger fares rose 2.8 percent in July, the fourth
consecutive monthly increase.  Despite the upward trend of the past four
months, the index was down 2.2 percent for the year ended in July.  Export
air passenger fares also increased in July, rising 4.7 percent for the month.
The advance followed a modest 0.2 percent rise in June and was attributable
to seasonal rate hikes.  Over the past 12 months, export air passenger fares
were up 4.9 percent.


                                      
                             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 August are scheduled for release on
September 9 at 8:30 A.M. (E.D.T.).


Table  1     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                                      Index                            Percent Change
                                                                  Relative
                                                                   Import-                          Annual             Monthly
                                                                    ance                             July     March     April      May       June
 END                            Description                                                          2003      2004      2004      2004      2004
 USE                                                                June       June       July        to        to        to        to        to
                                                                    2004       2004       2004       July     April      May       June      July
                                                                     1/                              2004      2004      2004      2004      2004

         ALL COMMODITIES.......................................... 100.000     101.8      102.0       5.5       0.2       1.5      -0.1       0.2
         ALL IMPORTS EXCLUDING PETROLEUM..........................  86.650      99.7       99.8       2.6       0.3       0.3       0.0       0.1
         ALL IMPORTS EXCLUDING FUELS
                (200112=100)......................................  84.690     102.7      102.8       2.3       0.3       0.2      -0.2       0.1

0          FOODS, FEEDS, & BEVERAGES..............................   4.576     106.9      107.5       5.9       1.2      -0.3       0.0       0.6

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.373     114.2      114.2       6.0       1.1      -0.1       0.1       0.0

01               Nonagricultural foods (fish, distilled beverages)   1.203      90.5       92.5       5.1       1.8      -1.1      -0.2       2.2

1          INDUSTRIAL SUPPLIES & MATERIALS........................  29.892     119.5      120.1      19.9       1.1       5.1      -0.2       0.5
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  16.542     112.5      112.7      13.0       1.9       1.8       0.4       0.2
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (200112=100)..................  14.582     119.8      120.4      13.2       1.9       1.5      -0.6       0.5
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................   9.045     112.8      112.6      18.7       3.0       2.2      -1.3      -0.2
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   7.496     112.0      112.7       7.0       0.7       1.2       2.6       0.6

10               Fuels & lubricants...............................  15.310     131.3      132.0      27.0       0.3       8.6       0.2       0.5
100                  Petroleum & petroleum products...............  13.350     130.1      131.3      29.5      -0.2       9.5      -0.9       0.9
10000                        Crude................................   9.688     129.3      132.3      26.8       0.7       7.9      -1.4       2.3

11               Paper & paper base stocks........................   1.072      99.0       99.8       6.6       1.3       1.4       0.8       0.8

12               Materials associated with nondurable
                        supplies & materials......................   4.592     106.0      107.6       4.6      -0.3       0.2       0.7       1.5

13               Selected building materials......................   2.317     120.4      117.2      15.1       1.5       2.8      -2.6      -2.7

14               Unfinished metals related to durable goods.......   3.561     124.5      126.2      36.9       5.9       3.7      -1.3       1.4

15               Finished metals related to durable goods.........   1.450     108.1      108.9      11.2       2.5       0.6       0.1       0.7

16               Nonmetals related to durable goods...............   1.590      98.7       97.9       0.0       0.0      -0.3      -0.3      -0.8

2          CAPITAL GOODS..........................................  22.931      92.3       92.2      -1.7      -0.5       0.0      -0.3      -0.1

20               Electric generating equipment....................   2.801      97.1       97.6       0.8      -0.6       0.0      -0.1       0.5

21               Nonelectrical machinery..........................  17.889      90.1       90.0      -2.5      -0.7      -0.1      -0.4      -0.1

22               Transportation equipment excluding
                        motor vehicles (200112=100)...............   2.241     104.0      103.8       1.7       0.4       0.0       0.1      -0.2

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  17.159     102.2      102.3       1.7       0.2       0.0       0.2       0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  25.442      98.5       98.5       0.4      -0.1      -0.1       0.0       0.0

40               Nondurables, manufactured........................  12.438     100.9      101.2       1.3      -0.2      -0.1      -0.1       0.3

41               Durables, manufactured...........................  11.745      96.1       95.9      -0.4       0.0      -0.3       0.1      -0.2

42               Nonmanufactured consumer goods...................   1.259      96.8       97.4       1.8       0.0       0.9      -0.5       0.6


     1   Relative importance figures are based on 2002 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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
                                                                       ance                             July     March     April      May       June
 END                             Description                                                            2003      2004      2004      2004      2004
 USE                                                                   June       June       July        to        to        to        to        to
                                                                       2004       2004       2004       July     April      May       June      July
                                                                        1/                              2004      2004      2004      2004      2004

         ALL COMMODITIES............................................. 100.000     103.4      103.8       4.4       0.7       0.4      -0.7       0.4
         AGRICULTURAL COMMODITIES....................................   9.687     127.5      126.2      14.8       2.5       0.5      -4.6      -1.0
         NONAGRICULTURAL COMMODITIES.................................  90.313     101.5      102.1       3.5       0.5       0.3      -0.2       0.6

0          FOODS, FEEDS, & BEVERAGES.................................   8.899     129.3      128.3      15.8       3.3       0.6      -4.6      -0.8

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   8.153     131.2      130.1      17.2       3.5       0.7      -4.9      -0.8

01               Nonagricultural foods (fish, distilled beverages)...   0.746     111.2      111.3       1.8       1.2      -0.7      -1.2       0.1

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  26.398     109.5      111.0      11.4       0.9       1.0      -0.6       1.4
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  10.035     111.6      114.2      14.4       1.5       0.3      -0.6       2.3
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  16.362     108.4      109.2       9.5       0.5       1.5      -0.6       0.7

10               Agricultural industrial supplies & materials........   1.534     110.7      108.2       3.3      -2.0      -1.0      -2.6      -2.3

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  24.864     109.5      111.3      12.1       1.0       1.2      -0.5       1.6

11               Fuels & lubricants..................................   2.803     114.1      117.5      21.1       0.6       7.2      -2.9       3.0

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  20.863     109.6      111.3      11.3       1.2       0.4      -0.2       1.6

13               Selected building materials.........................   1.198     103.4      102.8       5.4       1.1       0.5      -0.5      -0.6

2          CAPITAL GOODS.............................................  41.267      98.1       98.2       0.5       0.1       0.0       0.0       0.1

20               Electrical generating equipment.....................   3.985     101.9      102.1       0.3      -0.3      -0.1       0.3       0.2

21               Nonelectrical machinery.............................  29.688      94.5       94.5      -0.1       0.1       0.1      -0.2       0.0

22               Transportation equipment excluding
                        motor vehicles (200112=100)..................   7.594     107.2      107.7       3.2       0.3       0.0       0.3       0.5

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  11.477     102.3      102.5       0.7       0.3       0.1       0.0       0.2

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  11.959     100.4      100.9       1.3       0.2       0.1      -0.1       0.5

40               Nondurables, manufactured...........................   5.853      99.9      100.8       2.0       0.2       0.0      -0.2       0.9

41               Durables, manufactured..............................   5.364     100.6      100.9       0.7       0.4       0.1       0.0       0.3

42               Nonmanufactured consumer goods (200112=100).........   0.743     101.0      101.0       0.6      -0.2      -0.3       0.4       0.0



     1   Relative importance figures are based on 2002 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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
                                                                       ance                             July     March     April      May       June
SITC                             Description                                                            2003      2004      2004      2004      2004
Rev. 3                                                                 June       June       July        to        to        to        to        to
                                                                       2004       2004       2004       July     April      May       June      July
                                                                        1/                              2004      2004      2004      2004      2004

         ALL COMMODITIES............................................. 100.000     101.8      102.0       5.5       0.2       1.5      -0.1       0.2

0          FOOD AND LIVE ANIMALS.....................................   3.617     106.6      107.7       7.5       0.9      -0.3       0.5       1.0
01               Meat and meat preparations..........................   0.430     126.4      134.2      25.9       1.1       2.8       1.0       6.2
03               Fish, crustaceans, aquatic invertebrates
                        and preparations thereof.....................   0.865      84.1       86.0       3.0       2.2      -1.3       0.1       2.3
05               Vegetables, fruit and nuts, fresh or dried..........   0.864     105.9      103.3      -3.4      -1.6      -3.1      -0.2      -2.5
07               Coffee, tea, cocoa, spices and manufactures thereof.   0.433     107.1      102.7       7.8       1.9      -1.2       4.6      -4.1
      2/   Other food and live animals...............................   1.025     123.4      127.1      13.7       1.8       2.1      -0.6       3.0

1          BEVERAGES AND TOBACCO.....................................   0.926     105.3      105.3       1.2       0.0       0.1      -0.1       0.0
11               Beverages...........................................   0.816     105.6      105.6       1.5       0.0       0.2      -0.1       0.0

2          CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS...................   2.175     125.8      125.7      24.8       2.4       3.6      -1.2      -0.1
24               Cork and wood.......................................   0.898     136.1      132.1      32.0       3.6       8.8      -2.1      -2.9
25               Woodpulp and recovered paper........................   0.269     106.5      108.0      15.4       5.7       2.6       3.0       1.4
28               Metalliferous ores and metal scrap..................   0.379     140.4      144.4      44.0       0.1      -3.2      -2.2       2.8
29               Crude animal and vegetable materials, n.e.s.........   0.220      98.0      101.2       1.8      -0.4       2.8      -4.0       3.3

3          MINERAL FUELS, LUBRICANTS AND RELATED
                     MATERIALS.......................................  14.973     132.0      132.7      25.2       0.2       8.8       0.2       0.5
33               Petroleum, petroleum products and related materials.  13.095     130.5      131.7      27.4       0.2       9.4      -0.8       0.9
34               Gas, natural and manufactured.......................   1.878     140.0      137.3      13.0       0.3       5.0       8.1      -1.9

5          CHEMICALS AND RELATED PRODUCTS, N.E.S.....................   7.667     103.8      105.6       5.6      -0.3      -0.1       0.4       1.7
51               Organic chemicals...................................   2.584      99.9      101.5       5.1       0.7      -0.3       0.8       1.6
52               Inorganic chemicals.................................   0.604     119.3      126.7      19.1      -3.8       1.1       1.8       6.2
53               Dyeing, tanning and coloring materials..............   0.207     101.0      101.2       3.3       1.1       0.2       0.2       0.2
54               Medicinal and pharmaceutical products...............   2.264     107.2      108.1       4.8      -0.4      -0.4      -0.1       0.8
55               Essential oils; polishing and cleansing preps.......   0.330      93.5       93.6      -5.5      -0.2      -0.1       0.1       0.1
57               Plastics in primary forms...........................   0.593     104.6      108.1       3.6      -1.3       0.3      -1.1       3.3
58               Plastics in nonprimary forms........................   0.371     102.1      102.7       1.4       0.0      -0.1      -0.7       0.6
59               Chemical materials and products, n.e.s..............   0.527      95.2       95.6       2.5      -0.4      -0.3       0.1       0.4

6          MANUFACTURED GOODS CLASSIFIED CHIEFLY
                     BY MATERIAL.....................................  12.146     106.1      106.1      11.8       1.9       1.2      -0.7       0.0
62               Rubber manufactures, n.e.s..........................   0.656     100.1      100.0       1.4       0.2       0.1       0.1      -0.1
63               Cork and wood manufactures other than furniture.....   0.858     118.6      111.3       7.4       1.0      -1.1      -7.1      -6.2
64               Paper and paperboard, cut to size...................   1.244      95.6       96.3       3.3      -0.2       0.7       0.1       0.7
65               Textile yarn, fabrics, made-up
                        articles, n.e.s., and related prod...........   1.437     103.8      103.9       2.3       0.3      -0.3       0.1       0.1
66               Nonmetallic mineral manufactures, n.e.s.............   2.172      99.6       99.8       1.9       0.3       0.1       0.2       0.2
67               Iron and steel......................................   1.840     144.8      146.4      45.1       8.8       8.7       2.7       1.1
68               Nonferrous metals...................................   1.829     101.8      101.9      30.6       3.1       0.3      -4.1       0.1
69               Manufactures of metals, n.e.s.......................   2.005     102.3      102.6       4.5       1.2       0.0       0.0       0.3

7          MACHINERY AND TRANSPORT EQUIPMENT.........................  41.176      95.1       95.0      -0.7      -0.3       0.0      -0.1      -0.1
71               Power generating machinery and equipment............   2.904     101.5      101.3       1.3       0.4      -0.1      -0.1      -0.2
72               Machinery specialized for particular industries.....   1.619     106.4      107.3       4.6      -0.2       0.1      -0.2       0.8
73               Metalworking machinery..............................   0.445     106.4      107.0       1.7      -0.7      -0.5       0.3       0.6
74               General industrial machinery,
                        equipment, & machine parts, n.e.s............   3.114     103.5      104.5       3.7       0.2       0.1      -0.1       1.0
75               Computer equipment and office machines..............   5.591      75.4       74.9      -7.1      -1.5      -0.1      -1.3      -0.7
76               Telecommunications & sound recording
                        & reproducing apparatus & equipment..........   5.015      84.8       84.5      -4.7      -0.2       0.0      -0.1      -0.4
77               Electrical machinery and equipment..................   6.677      94.8       94.4      -1.8      -0.7       0.0      -0.1      -0.4
78               Road vehicles.......................................  14.287     102.4      102.5       1.8       0.2       0.1       0.1       0.1

8          MISCELLANEOUS MANUFACTURED ARTICLES.......................  16.876      99.9      100.0       0.3       0.0      -0.2       0.0       0.1
81               Prefabricated buildings; plumbing, heat
                        & lighting fixtures, n.e.s...................   0.446      93.5       93.5      -1.4       0.3       0.0       0.0       0.0
82               Furniture and parts thereof.........................   1.869     102.4      102.5       2.0       1.2       0.3       0.1       0.1
83               Travel goods, handbags and similar containers.......   0.383     103.4      103.4       1.8      -0.1       0.0      -0.1       0.0
84               Articles of apparel and clothing accessories........   5.387     100.7      100.9       0.2       0.1       0.0       0.0       0.2
85               Footwear............................................   1.304     100.4      100.4       0.5       0.0       0.0      -0.2       0.0
87               Professional, scientific and controlling
                        instruments and apparatus, n.e.s.............   1.772      99.6      100.2       0.7       0.0       0.0       0.0       0.6
88               Photographic apparatus, equipment and
                        supplies and optical goods, n.e.s............   0.962      99.0       98.0      -2.1      -0.6      -0.1      -0.3      -1.0
89               Miscellaneous manufactured articles, n.e.s..........   4.753      98.4       98.2      -0.1      -0.4      -0.9       0.3      -0.2


     1   Relative importance figures are based on 2002 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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
                                                                       ance                             July     March     April      May       June
SITC                             Description                                                            2003      2004      2004      2004      2004
Rev. 3                                                                 June       June       July        to        to        to        to        to
                                                                       2004       2004       2004       July     April      May       June      July
                                                                        1/                              2004      2004      2004      2004      2004

         ALL COMMODITIES............................................. 100.000     103.4      103.8       4.4       0.7       0.4      -0.7       0.4

0          FOOD AND LIVE ANIMALS.....................................   7.043     124.1      120.7      12.7       2.8       0.5      -2.1      -2.7
01               Meat and meat preparations..........................   1.326     127.3      122.8      17.4       0.4       0.1      -0.3      -3.5
03               Fish, crustaceans, aquatic invertebrates
                        and preparations thereof.....................   0.516     109.4      109.6       2.1       2.6       0.2      -0.7       0.2
04               Cereals and cereal preparations.....................   2.095     141.3      128.6      11.4       5.8      -1.2      -3.2      -9.0
05               Vegetables, fruit and nuts, fresh or dried..........   1.340     111.6      112.1      10.8      -0.5       3.5      -1.5       0.4
08               Feeding stuff for animals (not
                        including unmilled cereals)..................   0.764     131.8      140.1      29.6       4.3       0.8      -6.1       6.3
09               Miscellaneous edible products and preparations......   0.463     101.6      101.6       0.0      -0.2      -0.1      -0.1       0.0
      2/   Other food and live animals...............................   0.539     114.4      111.8       9.5       5.3       0.8       0.6      -2.3

1          BEVERAGES AND TOBACCO.....................................   0.701     101.6      101.9       4.0      -0.2      -0.1      -0.2       0.3
12               Tobacco and tobacco manufactures....................   0.450      99.9      100.3       4.2      -0.3       0.0      -0.3       0.4

2          CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS...................   5.448     125.4      129.5      24.6       2.9      -0.3      -5.3       3.3
22               Oil seeds and oleaginous fruits.....................   1.439     168.5      184.5      47.8       8.5       1.0     -15.3       9.5
24               Cork and wood.......................................   0.549      98.3       99.0       9.3       1.1       0.6       0.1       0.7
25               Woodpulp and recovered paper........................   0.682     100.8      100.0      17.0       4.9       1.6       0.4      -0.8
26               Textile fibers and their waste......................   0.574     108.7      101.5      -4.4      -4.9      -0.9      -5.4      -6.6
28               Metalliferous ores and metal scrap..................   1.197     166.3      176.5      57.2       2.8      -3.5      -2.2       6.1
      2/   Other crude materials, inedible, except fuels.............   1.007     110.1      111.1       4.0      -0.9       0.6       0.9       0.9

3          MINERAL FUELS, LUBRICANTS AND RELATED
                     MATERIALS.......................................   2.286     130.3      136.2      24.0       0.2       9.7      -3.6       4.5
33               Petroleum, petroleum products and related materials.   1.653     127.7      133.2      25.8      -0.2      12.7      -5.4       4.3

5          CHEMICALS AND RELATED PRODUCTS, N.E.S.....................  13.452     105.8      106.8       7.2       0.6       0.1       0.2       0.9
51               Organic chemicals...................................   3.081     114.8      116.6      18.3       2.0       0.7       0.9       1.6
52               Inorganic chemicals.................................   0.803      98.1       97.5      -0.9      -0.1      -1.6       0.3      -0.6
53               Dyeing, tanning and coloring materials..............   0.583      98.0       98.2      -0.7       0.0       0.4       0.3       0.2
54               Medicinal and pharmaceutical products...............   2.461     105.8      107.9       2.0       0.2       0.0       0.1       2.0
55               Essential oils; polishing and cleansing preps.......   0.952     104.3      104.3       7.0      -0.2       0.3      -0.1       0.0
56               Fertilizers.........................................   0.448     135.9      136.2      20.5       3.5      -2.6      -2.4       0.2
57               Plastics in primary forms...........................   2.292     103.5      104.3       9.7       0.1       0.9       0.4       0.8
58               Plastics in nonprimary forms........................   0.871      96.4       97.3      -1.1      -0.5      -0.2      -0.3       0.9
59               Chemical materials and products, n.e.s..............   1.961     104.8      104.6       2.5       0.0       0.0       0.0      -0.2

6          MANUFACTURED GOODS CLASSIFIED CHIEFLY
                     BY MATERIAL.....................................  10.261     106.8      108.3       8.4       1.4       0.9       0.3       1.4
62               Rubber manufactures, n.e.s..........................   0.774     111.4      112.0       1.7       0.5      -0.1       0.5       0.5
64               Uncoated Paper/paperboard, and linerboard...........   1.499      99.3      101.6       3.1       0.8       0.3       0.3       2.3
65               Textile yarn, fabrics, and made-up articles, n.e.s..   1.622     104.5      105.1       2.1       0.0      -0.1       0.5       0.6
66               Nonmetallic mineral manufactures, n.e.s.............   1.476     100.0      100.1      -0.3       0.0      -0.2       0.5       0.1
67               Iron and steel......................................   1.188     145.0      152.6      45.3       6.6       6.8       2.0       5.2
68               Nonferrous metals...................................   1.099      95.4       95.4      19.5       4.3      -0.5      -2.3       0.0
69               Manufactures of metals, n.e.s.......................   2.152     108.2      110.9       5.9       0.7       1.1       0.7       2.5
      2/   Other manufactured goods classified
                  chiefly by material (200112=100)...................   0.452     118.2      113.3       4.6       0.9       0.2      -3.0      -4.1

7          MACHINERY AND TRANSPORT EQUIPMENT.........................  48.641      98.4       98.5       0.5       0.2       0.0       0.0       0.1
71               Power generating machinery and equipment............   4.886     108.7      108.9       1.4      -0.6       0.0       0.0       0.2
72               Machinery specialized for particular industries.....   3.712     105.5      105.6       2.3       0.9       0.4       0.0       0.1
73               Metalworking machinery..............................   0.634     100.7      100.7      -0.3      -0.2      -0.1       0.1       0.0
74               General industrial machinery,
                        equipment, & parts, n.e.s....................   4.734     105.0      105.4       2.8       0.5       0.3       0.2       0.4
75               Computer equipment and office machines..............   5.613      88.7       88.3       0.1       0.5       0.0      -0.1      -0.5
76               Telecommunications & sound recording
                        & reproducing apparatus & equipment..........   3.411      91.9       91.8      -1.7      -0.2      -0.2      -0.1      -0.1
77               Electrical machinery and equipment..................  11.249      88.3       88.3      -1.7      -0.1       0.0      -0.2       0.0
78               Road vehicles.......................................   8.806     102.4      102.6       1.3       0.4       0.0       0.1       0.2

8          MISCELLANEOUS MANUFACTURED ARTICLES.......................  11.173     100.8      101.0       0.0       0.1       0.0      -0.2       0.2
82               Furniture and parts thereof.........................   0.636     102.3      102.6       1.2       0.0       0.1      -0.2       0.3
84               Articles of apparel and clothing accessories........   0.864      96.9       97.0       0.2       0.1       0.0       0.0       0.1
87               Professional, scientific and controlling
                        instruments and apparatus, n.e.s.............   4.242     102.0      101.8      -0.6      -0.1      -0.1      -0.1      -0.2
88               Photographic apparatus, equipment and
                        supplies and optical goods, n.e.s............   0.947      94.3       95.2      -0.3      -0.4       0.0      -0.3       1.0
89               Miscellaneous manufactured articles, n.e.s..........   4.096     101.6      102.0       0.3       0.4       0.0      -0.2       0.4
      2/   Other miscellaneous manufactured articles.................   0.389     107.7      108.1       3.3       0.1       0.0       1.3       0.4


     1   Relative importance figures are based on 2002 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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
Harmo-                                                                 ance                             July     March     April      May       June
nized                            Description                                                            2003      2004      2004      2004      2004
System                                                                 June       June       July        to        to        to        to        to
                                                                       2004       2004       2004       July     April      May       June      July
                                                                        1/                              2004      2004      2004      2004      2004

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.550     107.2      112.7      16.2       2.0       1.8       0.4       5.1
02               Meat and edible meat offal..........................   0.384     127.7      135.2      25.3       0.1       3.1       1.0       5.9
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.682      83.4       86.1       2.0       1.8      -2.0       0.1       3.2
      2/         Other live animals; animal products.................   0.484     151.8      162.6      32.5       4.0       6.7       0.3       7.1

II         VEGETABLE PRODUCTS........................................   1.151     103.0       99.8      -0.4      -1.2      -1.5       0.1      -3.1
07               Edible vegetables, roots, and tubers................   0.263     113.8      104.0      -9.2     -10.4      -7.8       2.1      -8.6
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.347      96.3       96.1      -0.6       6.6      -0.2      -1.5      -0.2
09               Coffee, tea, mate and spices........................   0.236      95.6       87.6       8.7      -1.3      -1.2       7.9      -8.4
      2/         Other vegetable products............................   0.305     106.7      109.2       1.7      -0.4       2.3      -5.0       2.3

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.145     108.8      109.5       3.2       1.3       0.1      -0.1       0.6
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.240     100.9      101.3      -0.2       0.8      -0.1      -0.5       0.4
22               Beverages, spirits, and vinegar.....................   0.826     103.6      103.6       1.0       0.0       0.2      -0.1       0.0
      2/         Other prepared foodstuffs...........................   1.079     115.4      116.8       5.8       2.5       0.1       0.0       1.2

V          MINERAL PRODUCTS..........................................  15.345     131.3      132.0      26.2       0.4       8.4       0.3       0.5
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  15.026     130.5      131.2      26.5       0.4       8.6       0.3       0.5
      2/         Other mineral products (200112=100).................   0.319     109.6      110.2       8.9       1.3       0.2       0.4       0.5

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   7.005     103.7      105.6       6.3      -0.2      -0.1       0.7       1.8
28               Inorganic chemicals.................................   0.671     117.1      126.3      20.5      -5.2       1.2       2.2       7.9
29               Organic chemicals...................................   2.864     100.2      102.0       5.4       0.9      -0.3       0.9       1.8
30               Pharmaceutical products.............................   1.949     106.9      107.9       5.2      -0.4      -0.3      -0.3       0.9
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.204      98.5       98.9       1.5       0.5       0.3       0.3       0.4
33               Essential oils and resinoids (200112=100)...........   0.287     105.2      105.1       2.0      -0.3      -0.3       0.1      -0.1
37               Photographic or cinematographic goods...............   0.174      97.3       96.7      -1.2       0.5       0.0       0.0      -0.6
38               Miscellaneous chemical products.....................   0.393      92.2       92.5      -3.8      -1.1       0.0       0.0       0.3
      2/         Other products of the chemical or allied industries.   0.463     114.4      117.2      13.8       0.6       0.7       1.5       2.4

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.733     105.8      106.9       3.4       0.2       0.0      -0.4       1.0
39               Plastics and articles thereof.......................   1.811     104.8      106.3       2.8      -0.2       0.0      -0.6       1.4
40               Rubber and articles thereof.........................   0.922     107.8      108.3       4.7       0.8       0.0       0.1       0.5

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.721     101.5      101.4       1.4       0.0       0.1       0.0      -0.1
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.610     101.8      101.8       1.0      -0.1       0.0      -0.1       0.0

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.796     129.3      123.9      18.9       2.0       3.2      -3.8      -4.2

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.841      98.2       98.9       4.0       0.5       0.6       0.5       0.7
47               Pulp wood or other fibrous cellulosic
                        material; waste paper/paperboard.............   0.268     106.0      107.6      15.0       5.7       2.5       3.0       1.5
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.258      94.7       95.4       3.1      -0.2       0.6       0.0       0.7
49               Printed matter......................................   0.316     112.2      112.4      -0.3      -0.4      -0.4       0.1       0.2

XI         TEXTILE AND TEXTILE ARTICLES..............................   6.368     100.3      100.5       0.6      -0.1       0.0       0.0       0.2
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   2.358      99.7      100.1       0.0       0.0       0.0       0.0       0.4
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.577     100.0      100.1       0.2       0.0       0.0      -0.1       0.1
63               Made-up or worn textile articles....................   0.461      94.3       94.3       0.4      -1.6      -0.2       0.1       0.0
      2/         Other textile & textile articles....................   0.972     105.4      105.6       3.3       0.2       0.0       0.4       0.2

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.525      99.8       99.8       0.3       0.1      -0.1      -0.1       0.0
64               Footwear and  parts of such articles................   1.297     100.2      100.2       0.3       0.0       0.0      -0.2       0.0
      2/         Other footwear, headgear, umbrellas,
                       whips, art. flowers, etc......................   0.228      97.2       97.3      -0.3       0.0      -0.1      -0.1       0.1

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   1.029     104.3      104.4       2.1       0.4      -0.2       0.3       0.1
68               Articles of stone, plaster, cement,
                        asbestos, or mica (200112=100)...............   0.312      99.0       99.2      -1.3      -0.2      -0.1      -0.1       0.2
69               Ceramic products....................................   0.358     109.3      109.4       6.2       0.8       0.0       1.1       0.1
70               Glass and glassware.................................   0.360     103.4      103.5       0.6       0.3      -0.5      -0.3       0.1

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.387      93.5       93.8       7.3       1.9      -1.2      -1.1       0.3

XV         BASE METALS AND ARTICLES OF BASE METAL....................   5.572     119.0      120.0      24.2       3.6       3.4      -0.8       0.8
72               Iron and steel......................................   1.590     155.3      156.8      51.1       9.4      10.8      -0.6       1.0
73               Articles of iron or steel...........................   1.363     109.1      111.2      14.5       1.8       1.3       0.8       1.9
74               Copper and articles thereof.........................   0.457     119.9      120.4      28.9       1.1      -1.9      -2.9       0.4
76               Aluminum and articles thereof.......................   0.863     110.5      107.7      12.1       3.5       1.4      -1.5      -2.5
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.408     103.5      103.7       5.4       0.9       0.0       0.1       0.2
83               Miscellaneous articles of base metal................   0.456     107.1      107.3       4.8       1.8       0.2       0.2       0.2
      2/         Miscellaneous nonferrous metals and
                       articles, including scrap.....................   0.434     103.1      108.2      44.5      -0.7       0.9      -3.6       4.9

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  25.098      90.8       90.5      -2.4      -0.5      -0.1      -0.3      -0.3
84               Machinery and mechanical appliances; parts thereof..  12.976      90.9       90.8      -1.7      -0.7       0.0      -0.7      -0.1
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  12.122      90.6       90.2      -3.0      -0.5      -0.1      -0.1      -0.4

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  15.938     102.8      102.9       1.9       0.1       0.1       0.2       0.1
87               Motor vehicles and their parts......................  14.497     102.4      102.5       1.8       0.1       0.1       0.2       0.1
88               Aircraft, spacecraft, and parts
                        thereof (200212=100).........................   1.318     102.5      102.6       1.5       0.2       0.1       0.1       0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   3.312      99.1       99.2      -0.4      -0.2      -0.4      -0.1       0.1
90               Optical, photographic, measuring and
                        medical instruments..........................   2.922      98.3       98.2      -0.6      -0.2      -0.4      -0.1      -0.1
91               Clocks and watches and parts thereof................   0.278     106.9      107.5       0.4      -1.2      -0.5       0.5       0.6

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   4.259      97.4       97.4      -0.3      -0.2       0.1       0.1       0.0
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.280      99.8       99.9       1.4       1.0       0.1       0.1       0.1
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.740      94.4       94.4      -2.8      -1.6       0.1       0.0       0.0
96               Miscellaneous manufactured articles.................   0.239      98.3       98.2       1.9       0.1       0.1       0.0      -0.1


     1   Relative importance figures are based on 2002 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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
Harmo-                                                                 ance                             July     March     April      May       June
nized                            Description                                                            2003      2004      2004      2004      2004
System                                                                 June       June       July        to        to        to        to        to
                                                                       2004       2004       2004       July     April      May       June      July
                                                                        1/                              2004      2004      2004      2004      2004

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.987     121.7      117.7      11.9       1.3       0.3      -0.7      -3.3
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.442     106.1      106.6      -1.4       1.8      -0.8      -1.7       0.5
      2/         Other live animals and animal products..............   0.340     121.5      114.1      14.6       9.1       3.7      -1.9      -6.1

II         VEGETABLE PRODUCTS........................................   4.691     140.9      139.4      21.9       5.2       1.0      -7.5      -1.1
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.707     111.7      112.3      18.8       1.1       1.9       6.4       0.5
10               Cereals.............................................   1.813     143.3      128.6      11.1       6.6      -1.4      -3.6     -10.3
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   1.609     161.0      174.7      42.4       7.7       1.0     -13.9       8.5

III        ANIMAL OR VEGETABLE FATS AND OILS.........................   0.370     169.3      170.9      15.3       0.8       0.9      -7.9       0.9

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.747     110.7      113.1      10.3       1.5       0.3      -1.9       2.2
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.321     105.8      106.1      -0.3      -0.4      -0.3       0.1       0.3
21               Miscellaneous edible preparations...................   0.421     102.5      102.5       0.8      -0.1       0.0       0.8       0.0
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.702     138.4      149.0      34.6       4.8       0.8      -7.5       7.7
      2/         Other prepared foods................................   0.853     108.2      108.6       5.5       1.1       0.3       0.3       0.4

V          MINERAL PRODUCTS..........................................   2.807     127.7      132.1      22.0       0.9       6.3      -3.0       3.4
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   2.245     126.0      131.7      22.6      -0.1       9.5      -3.7       4.5

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  10.825     107.5      108.5       7.3       0.7       0.1       0.2       0.9
28               Inorganic chemicals.................................   0.890     101.9      101.2       0.8      -0.2      -0.8       0.1      -0.7
29               Organic chemicals...................................   3.468     114.4      116.7      16.8       1.8       0.9       0.7       2.0
30               Pharmaceutical products.............................   2.007     105.5      107.7       3.3       0.1       0.0       0.1       2.1
31               Fertilizers.........................................   0.430     131.7      132.0      15.9       3.5      -2.6      -2.4       0.2
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.593      98.3       98.5      -0.5       0.0       0.3       0.4       0.2
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.689     106.2      106.1       7.8      -0.2      -0.3      -0.5      -0.1
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.377     104.4      104.3       4.2      -0.2       1.2       1.1      -0.1
37               Photographic or cinematographic goods...............   0.426      98.4       98.8      -1.0      -1.3      -0.4      -0.2       0.4
38               Miscellaneous chemical products.....................   1.642     104.4      104.3       2.9       0.1      -0.2      -0.1      -0.1

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.320     105.7      106.7       4.4       0.0       0.4       0.4       0.9
39               Plastics and articles thereof.......................   4.289     103.8      104.7       4.8      -0.1       0.4       0.3       0.9
40               Rubber and articles thereof.........................   1.031     112.9      114.0       3.0       0.5       0.1       1.1       1.0

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.501     108.5      111.3       6.5      -2.3      -1.4       0.5       2.6
41               Raw hides and skins (other than
                        furskins) and leather........................   0.450     104.7      107.8       4.6      -1.7      -1.5       0.2       3.0

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.848     103.8      102.6       8.6       1.1       0.5      -0.5      -1.2

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.873      98.2       99.2       5.2       1.7       0.4      -0.2       1.0
47               Woodpulp and recovered paper........................   0.681      96.6       95.9      17.4       4.6       1.6       0.3      -0.7
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.555      96.4       98.3       2.8       0.7       0.2       0.2       2.0
49               Printed material....................................   0.637     107.4      108.0       0.1       0.6      -0.5      -1.6       0.6

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.897      98.3       97.2      -1.0      -1.2      -0.1      -1.1      -1.1
52               Cotton, including yarns and woven fabrics thereof...   0.760      95.3       90.0       0.8      -3.9      -1.0      -4.4      -5.6
61               Apparel & clothing knitted
                        or crocheted (200112=100)....................   0.495      95.0       95.1      -0.4       0.2      -0.1       0.0       0.1
62               Apparel Articles & Accessories, not knitted.........   0.376      95.7       95.7       0.3       0.1       0.0       0.0       0.0
      2/         Other textile and textile articles (200112=100).....   1.266     105.9      106.5      -0.7      -0.2       0.2       0.4       0.6

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.802      99.0       99.3      -1.1      -0.5      -0.1       0.3       0.3
70               Glass and glassware.................................   0.483      96.0       96.3      -0.8      -0.9      -0.2       0.6       0.3

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.251     101.6      102.0      11.0       4.3      -0.5      -2.2       0.4

XV         BASE METALS AND ARTICLES OF BASE METALS...................   4.897     119.6      124.3      24.4       1.5       1.3       0.1       3.9
72               Iron and steel......................................   1.148     152.7      168.9      66.2       2.9       3.9      -1.8      10.6
73               Articles of iron or steel...........................   1.310     115.4      119.7      14.7       1.3       3.1       2.1       3.7
74               Copper and articles thereof.........................   0.409     122.7      122.1      30.6      -1.8      -6.8       2.4      -0.5
76               Aluminum and articles thereof.......................   0.811     107.3      107.4      14.3       2.1       1.3      -2.9       0.1
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.403     101.8      102.5       1.3       0.2       0.0       0.3       0.7
83               Miscellaneous articles of base metal................   0.462     110.0      110.7       2.1       0.3       0.5       0.3       0.6

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  33.812      95.2       95.3      -0.1       0.1       0.0      -0.1       0.1
84               Machinery and mechanical appliances; parts thereof..  18.737     100.5      100.6       1.4       0.3       0.0       0.1       0.1
85               Electrical machinery and equipment
                        and parts and accessories thereof............  15.075      89.4       89.4      -1.9      -0.2       0.0      -0.2       0.0

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  14.644     106.5      106.8       1.8       0.3       0.0       0.2       0.3
87               Motor vehicles and their parts......................   9.132     102.4      102.6       1.3       0.4       0.1       0.0       0.2

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.095     101.2      101.2      -0.1      -0.1       0.0      -0.2       0.0

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.481      99.2       99.2      -1.0      -0.4       0.0       0.1       0.0
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.838     103.0      103.2       1.5       0.0       0.1       0.2       0.2
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.494      94.7       94.3      -4.1      -1.3       0.0      -0.1      -0.4


     1   Relative importance figures are based on 2002 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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                          Index                           Percent Change

                                                                                        Annual            Monthly
                                                       Percentage                        July     March    April     May      June
                        Description                        of                            2003      2004     2004     2004     2004
                                                          U.S.     June       July        to        to       to       to       to
                                                         Imports   2004       2004       July     April     May      June     July
                                                           1/                            2004      2004     2004     2004     2004

 2/ Industrialized Countries............................ 49.276   104.5      104.7        6.0       0.5      0.6      0.0      0.2
         Manufactured Goods............................. 45.418   102.5      102.7        4.7       0.7      0.1     -0.4      0.2
         Nonmanufactured Goods..........................  3.591   133.6      133.6       17.2      -0.5      5.6      3.4      0.0


 3/ Other Countries..................................... 50.724    98.1       98.3        4.7       0.5      1.7     -0.3      0.2
         Manufactured Goods............................. 43.453    96.2       96.1        1.3       0.4      0.7     -0.1     -0.1
         Nonmanufactured Goods..........................  7.173   123.9      125.9       21.3       0.8      5.8     -1.6      1.6


    Canada.............................................. 17.463   112.3      112.1        7.9       0.5      1.0      0.5     -0.2
         Manufactured Goods............................. 14.664   108.1      107.8        5.8       0.7      0.4     -0.4     -0.3
         Nonmanufactured Goods..........................  2.611   138.6      138.3       16.0       0.3      4.7      4.6     -0.2


 4/ European Union...................................... 18.739   108.3      108.6        5.3       0.7      0.0      0.1      0.3
         Manufactured Goods............................. 18.224   108.1      108.5        5.0       0.8     -0.2      0.0      0.4
         Nonmanufactured Goods..........................  0.458   135.7      136.5       21.5      -1.5      5.4      1.8      0.6


 5/ Latin America....................................... 17.761   109.0      109.9        9.1       1.5      1.5     -0.5      0.8
         Manufactured Goods............................. 14.150   109.2      110.0        6.1       1.4      0.1      0.1      0.7
         Nonmanufactured Goods..........................  3.575   127.5      129.0       19.2       1.5      6.1     -2.2      1.2


    Japan............................................... 10.651    95.1       95.5        1.4      -0.1      0.2     -0.2      0.4


 6/ Asian Newly Industrialized Countries................  8.019    90.6       90.7       -0.9       0.6      0.1     -0.3      0.1



    1   Percentage of trade figures are based on 2002 trade values.
    2   Defined according to the BEA definition for Industrialized Countries which includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
    3   Defined according to the BEA definition for Other Countries, which 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 Hong Kong, Singapore, South Korea and Taiwan.

    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
                  June 2003-June 2004       2000=100, unless otherwise noted
                                                                            Index                             Percent Change

                                                                                           Annual              Quarterly
                                                           Trade                            June      June      Sept.     Dec.     March
                        Description                        (Mil.                            2003      2003      2003      2003      2004
                                                             of      March       June        to        to        to        to        to
                                                          Dollars)    2004       2004       June      Sept.     Dec.     March      June
                                                             1/                             2004      2003      2003      2004      2004


    IMPORT

      Air Freight.......................................    4168     117.1      117.4        5.3       4.8      -1.6       1.9       0.3
             Europe (200312=100)........................    1407     106.0      107.6       n.a.      n.a.      n.a.       6.0       1.5
             Asia.......................................    2329     110.0      108.6        4.4      10.8      -4.2      -0.4      -1.3

    EXPORT

      Air Freight.......................................    2836      97.1       99.1        4.1      -0.1       0.3       1.8       2.1


    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
                  July 2003-July 2004       2000=100, unless otherwise noted
                                                                           Index                         Percent Change

                                                                                        Annual            Monthly
                                                           Trade                         July    March    April     May      June
                        Description                        (Mil.                         2003     2004     2004     2004     2004
                                                             of      June      July       to       to       to       to       to
                                                          Dollars)   2004      2004      July    April     May      June     July
                                                             1/                          2004     2004     2004     2004     2004


    IMPORT

      Air Passenger Fares...............................   18253    123.1     126.6      -2.2      7.3      0.9      9.7      2.8
             Europe.....................................   11250    119.9     121.5      -6.4     10.7      0.9     11.1      1.3
             Asia.......................................    2626    121.8     124.4       1.4      1.7      1.5     17.1      2.1
             Latin America / Caribbean..................    1916    114.5     123.1       7.5      1.5      1.2      1.8      7.5

    EXPORT


      Air Passenger Fares...............................   20319    123.8     129.6       4.9      0.5     -0.2      0.2      4.7
             Europe.....................................    5394    150.7     159.5      -1.1     -2.1     -2.0      4.0      5.8
             Asia.......................................    8936    107.0     111.7       8.8      0.1      3.3     -3.3      4.4
             Latin America / Caribbean..................    3413    130.5     136.9      10.0      2.7     -2.6      1.2      4.9


    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
                   June 2003-June 2004       2000=100, unless otherwise noted
                                                                           Index                         Percent Change

                                                                                        Annual            Quarterly
                                                           Trade                         June     June     Sept.    Dec.    March
                        Description                        (Mil.                         2003     2003     2003     2003     2004
                                                             of     March      June       to       to       to       to       to
                                                          Dollars)   2004      2004      June     Sept.    Dec.    March     June
                                                             1/                          2004     2003     2003     2004     2004

    INBOUND

      Air Freight.......................................    7483    116.2     116.5       6.5      2.8      0.4      2.9      0.3
           Europe (200312=100)..........................    2466    107.0     107.8      n.a.     n.a.     n.a.      7.0      0.7
           Asia.........................................    4180    107.3     106.8       5.7      7.1     -1.0      0.2     -0.5

      Ocean Liner Freight...............................   17817    119.1     121.1       4.3      0.1      1.4      1.1      1.7
           U.S. East Coast..............................    6938    114.8     116.0       7.0     -1.3      3.4      3.8      1.0
                 From Atlantic..........................    3022    121.6     119.2      13.1      0.0      7.3      7.5     -2.0
                 From Pacific...........................    2817    110.8     113.5       2.9      0.0     -0.6      1.1      2.4
           U.S. West Coast..............................   10879    122.5     124.9       2.8      1.0      0.2     -0.4      2.0

    OUTBOUND

      Air Freight.......................................    5193     96.1      98.9       3.7      0.1     -0.6      1.3      2.9
           Europe (200312=100)..........................    1998    101.8     106.6      n.a.     n.a.     n.a.      1.8      4.7
           Asia.........................................    2365     96.0      97.6       2.4      0.4     -0.3      0.6      1.7


    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
                   July 2003-July 2004       2000=100, unless otherwise noted
                                                                           Index                         Percent Change

                                                                                        Annual            Monthly
                                                           Trade                         July    March    April     May      June
                        Description                        (Mil.                         2003     2004     2004     2004     2004
                                                             of      June      July       to       to       to       to       to
                                                          Dollars)   2004      2004      July    April     May      June     July
                                                             1/                          2004     2004     2004     2004     2004

    INBOUND


      Air Passenger Fares (200312=100)..................   38589    106.1     112.7      n.a.      0.2     -0.6      1.3      6.2
           Europe (200312=100)..........................   15654    108.7     115.9      n.a.     -0.8     -2.8      4.4      6.6
           Asia (200312=100)............................   12401    105.8     113.0      n.a.     -0.7      3.3     -1.9      6.8
           Latin America / Caribbean (200312=100).......    5604    102.1     107.8      n.a.      1.4     -1.8      1.3      5.6
           Canada (200312=100)..........................    2905    102.6     105.7      n.a.      6.1     -1.8      0.7      3.0

      Crude Oil Tanker Freight..........................    3434     n.a.      n.a.      n.a.     -8.8     -5.8     n.a.     n.a.

    OUTBOUND

      Air Passenger Fares (200312=100)..................   43898    114.2     118.3      n.a.      7.3      0.2      7.0      3.6
           Europe (200312=100)..........................   21857    125.0     127.1      n.a.     11.6      0.8      9.8      1.7
           Asia (200312=100)............................    7190    108.1     117.4      n.a.      5.2      0.6      8.0      8.6
           Latin America / Caribbean (200312=100).......    9206    101.1     104.9      n.a.      0.2     -0.5      1.9      3.8
           Canada (200312=100)..........................    2982    107.3     108.2      n.a.      4.3      4.4     -0.6      0.8


    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 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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