Economic News Release

U.S. Import and Export Price Indexes News Release


Technical information:					      		  	  USDL-08-0205 
     (202) 691-7101								  Transmission of this
Media contact:								          material is embargoed
     (202) 691-5902								  until 8:30 A.M. EST
Internet address:   http://www.bls.gov/mxp					  Friday, February 15, 2008


                              U.S. IMPORT AND EXPORT PRICE INDEXES
                                         - JANUARY 2008 -

   The U.S. Import Price Index increased 1.7 percent in January, the Bureau of Labor Statistics of 
the U.S. Department of Labor reported today, led by a 5.5 percent increase in petroleum prices.  The 
overall increase followed a 0.2 percent decline in December.  U.S. export prices advanced 1.2 percent in 
January following a 0.4 percent rise in December.
   
   - Due to budget constraints, beginning with the January 2008 release, the price series for
     export postsecondary education services, export travel and tourism services, inbound ocean
     liner freight, and inbound tanker freight will no longer be published.
    
                        Percent changes in import and export price indexes
                                       by End Use category
                                   - not seasonally adjusted -

Month IMPORTS EXPORTS
All
imports
Petroleum
imports
Non-
petroleum
imports
All
exports
Agri-
cultural
exports
Non-
agricultural
exports

2007

January

-1.2 -6.6 -0.1 0.4 0.6 0.5

February

0.4 1.7 0.0 0.8 2.8 0.6

March

1.6 8.5 0.3 0.7 2.1 0.6

April

1.4 6.8 0.3 0.4 -1.4 0.5

May

0.9 2.7 0.6 0.3 -0.1 0.4

June

1.2 4.8 0.3 0.4 2.7 0.2

July

1.2 6.0 0.1 0.1 1.6 -0.1

August

-0.3 -1.5 0.0 0.2 1.0 0.1

September

0.6 3.1 -0.1 0.3 4.2 0.0

October

(r)1.5 5.0 0.6 0.8 3.8 0.5

November

(r)3.1 (r)12.4 (r)0.6 0.9 1.4 (r)0.8

December

(r)-0.2 (r)-1.9 0.3 0.4 (r)2.8 0.3

2008

January

1.7 5.5 0.6 1.2 5.0 0.8

Jan. 2006 to 2007

0.0 -7.0 1.5 4.1 13.5 3.3

Jan. 2007 to 2008

13.7 66.9 3.6 6.7 28.9 4.8

Footnotes
(r) Revised


Import Goods
   
   The January increase in overall imports resumed the upward trend of the past year after a 0.2 
percent decrease in December.  The index, which had risen 3.1 percent in November and 1.5 percent in 
October, is up 13.7 percent over the past 12 months, the largest year-over-year increase since the index 
was first published in September 1982.  The 5.5 percent increase in petroleum prices was the largest 
contributor to the January increase, although nonpetroleum prices also advanced, rising 0.6 percent.  
Petroleum prices also led the overall increase in import prices over the past year, rising 66.9 percent over 
that period.  The increase in nonpetroleum prices in January followed increases of 0.3 percent in 
December and 0.6 percent in November.  Over the past 12 months, prices for nonpetroleum imports rose 
3.6 percent.  
   
   The January increase in nonpetroleum prices was primarily driven by a 2.2 percent rise in the 
price index for nonpetroleum industrial supplies and materials.  That increase followed advances of 0.7 
percent in December and 2.3 percent in November and was led by higher prices for chemicals and 
natural gas.  

   The price indexes for foods, feeds, and beverages and consumer goods also increased in January.  
Prices for foods, feeds, and beverages rose 3.1 percent in January and 10.9 percent for the year ended in 
January.  Consumer goods prices advanced 0.3 percent for the month and 1.6 percent over the past year.  
   
   In contrast, capital goods prices fell 0.2 percent in January as a decline in computer prices more 
than offset a 0.2 percent increase in prices for capital goods excluding computers.  Prices for automotive 
vehicles were unchanged for the month.  


Export Goods 

   The 1.2 percent increase in export prices was the largest one-month gain in the index since a 1.2 
percent increase in January 1989.  Higher prices for both agricultural exports and nonagricultural exports 
contributed to the advance.  Agricultural prices rose 5.0 percent in January after a 2.8 percent increase in 
December.  Higher prices for corn and soybeans drove the increase in agricultural prices.  Over the past 
12 months, the price index for agricultural exports rose 28.9 percent. 
   
   Nonagricultural prices also increased in January, rising 0.8 percent following a 0.3 percent 
advance in December.  The index rose 4.8 percent over the past year.  A 2.2 percent increase in the price 
index for nonagricultural industrial supplies and materials was the main contributor to the January 
advance.  Higher prices for chemicals and steelmaking materials led the advance.  For the year ended in 
January, nonagricultural industrial supplies and materials prices rose 12.0 percent.   
   
   Prices for capital goods and automotive vehicles also increased in January, advancing 0.2 
percent and 0.1 percent, respectively.  For the January 2007-2008 period, capital goods prices rose 1.5 
percent while the price index for automotive vehicles increased 1.0 percent.  
   
   In contrast, the price index for export consumer goods prices edged down 0.1 percent for the 
month.  



Imports by Locality of Origin 
	
   Prices for imports from China rose for the ninth consecutive month in January, increasing 0.8 
percent, the largest monthly advance since the index was first published in December 2003.  Import 
prices from China increased 3.3 percent over the past year after falling 0.9 percent from January 2005-
2006.
   
   Price indexes for imports from the European Union and from Canada increased in January, rising 
1.1 percent and 0.1 percent, respectively.   Higher fuel prices contributed to the increases.  For the year 
ended in January, import prices from the European Union rose 4.1 percent while import prices from 
Canada rose 11.3 percent.
    
   Prices for imports from Mexico and from Japan also advanced in January, rising 2.8 percent and 
0.1 percent, respectively.  Rising petroleum prices led the advance in prices for imports from Mexico, 
which increased 19.9 percent over the past year.   The price index for imports from Japan edged up 0.2 
percent over the past 12 months, the first 12-month advance in the index since October 2005.
   
   
Import and Export Services

   Import air passenger fares fell 2.1 percent in January after increasing 5.5 percent in December.  
The January decrease was led by an 11.2 percent drop in Asian fares.  Over the past year, import air 
passenger fares increased 7.8 percent.  Export air passenger fares increased in January, rising 7.9 percent.  
The index advanced 18.6 percent over the past year.  
	
   Prices for import air freight edged down 0.1 percent in January following a 3.0 percent advance 
the previous month.  Lower air freight prices from Asia more than offset higher prices from Europe.  
Overall import air freight prices rose 7.6 percent for the year ended in January.  The price index for 
export air freight rose 3.0 percent in January and 11.5 percent over the past 12 months.


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 NAICS
Table 4    U.S. Export Price Indexes, by NAICS
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. International Price Indexes for Selected Transportation Services
-------------------------------------------------------------------
Import and Export Price Index data for February are scheduled for release on March 13 at 
8:30 A.M. (EDT)










Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2007 to January 2008 2000=100, unless otherwise noted
Description End
Use
Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

All commodities

100.000 127.1 129.3 13.7 1.5 3.1 -0.2 1.7

All imports excluding petroleum

78.682 108.7 109.4 3.6 0.6 0.6 0.3 0.6

All imports excluding fuels (Dec. 2001=100)

76.663 111.2 112.0 3.3 0.5 0.3 0.3 0.7

Foods, feeds, & beverages

0

4.301 134.0 138.1 10.9 1.1 0.0 0.6 3.1

Agricultural foods, feeds & beverages, excluding distilled beverages

00

3.306 147.7 153.1 13.0 1.5 0.2 0.6 3.7

Nonagricultural foods (fish, distilled beverages)

01

0.995 103.0 104.2 4.4 -0.3 -0.7 0.5 1.2

Industrial supplies & materials

1

38.197 211.0 219.5 36.8 3.4 7.9 -0.8 4.0

Industrial supplies & materials excluding petroleum

16.878 147.4 150.6 10.1 1.5 2.3 0.7 2.2

Industrial supplies & materials excluding fuels (Dec. 2001=100)

14.859 155.4 159.0 9.4 1.1 1.0 0.6 2.3

Industrial supplies & materials, durable

9.834 149.1 149.2 6.6 0.5 1.1 0.3 0.1

Industrial supplies & materials nondurable excluding petroleum

5.025 144.4 151.7 14.8 2.8 4.0 1.0 5.1

Fuels & lubricants

10

23.339 289.6 304.6 60.2 5.0 12.3 -1.7 5.2

Petroleum & petroleum products

100

21.320 306.1 323.0 66.9 5.0 12.4 -1.9 5.5

Crude

10000

15.555 313.3 327.5 69.7 5.1 11.5 -1.3 4.5

Fuels, n.e.s.-coals & gas

101

1.686 183.1 186.1 12.7 10.2 14.5 1.0 1.6

Gas-natural

10110

1.527 178.2 181.1 12.3 11.0 16.2 1.3 1.6

Paper & paper base stocks

11

0.728 109.1 109.9 -1.3 0.9 -3.7 1.0 0.7

Materials associated with nondurable supplies & materials

12

4.369 135.3 145.5 17.8 2.5 1.7 1.3 7.5

Selected building materials

13

1.791 116.0 115.2 3.3 -1.0 -0.1 0.3 -0.7

Unfinished metals related to durable goods

14

4.601 217.1 214.7 8.5 0.9 1.8 1.1 -1.1

Finished metals related to durable goods

15

1.801 135.0 137.7 7.7 1.1 0.8 -1.7 2.0

Nonmetals related to durable goods

16

1.569 104.1 106.3 4.3 0.5 0.4 0.7 2.1

Capital goods

2

21.471 92.2 92.0 0.5 0.1 0.1 0.1 -0.2

Electric generating equipment

20

2.707 108.0 108.0 3.6 0.3 0.7 0.5 0.0

Nonelectrical machinery

21

17.136 87.7 87.5 -0.3 0.0 0.0 0.0 -0.2

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

1.627 114.7 115.4 5.0 1.0 0.1 0.1 0.6

Automotive vehicles, parts & engines

3

13.256 106.2 106.2 1.8 0.4 0.3 0.3 0.0

Consumer goods, excluding automotives

4

22.776 102.5 102.8 1.6 0.1 0.1 0.2 0.3

Nondurables, manufactured

40

10.510 105.5 105.9 1.6 0.1 0.1 0.3 0.4

Durables, manufactured

41

11.145 99.3 99.6 1.6 0.2 0.2 0.1 0.3

Nonmanufactured consumer goods

42

1.121 103.3 103.3 1.2 -0.1 0.0 0.0 0.0

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2007 to January 2008 2000=100, unless otherwise noted
Description End
Use
Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

All commodities

100.000 119.2 120.6 6.7 0.8 0.9 0.4 1.2

Agricultural commodities

9.285 169.6 178.0 28.9 3.8 1.4 2.8 5.0

Nonagricultural commodities

90.714 115.6 116.5 4.8 0.5 0.8 0.3 0.8

Foods, feeds, & beverages

0

8.432 171.0 180.6 29.9 4.0 1.1 3.1 5.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

7.781 175.4 185.6 31.8 4.2 1.3 3.3 5.8

Nonagricultural foods (fish, distilled beverages)

01

0.651 133.6 138.3 11.9 0.9 -0.9 0.5 3.5

Industrial supplies & materials

1

29.741 154.0 157.4 12.2 1.1 2.3 0.1 2.2

Industrial supplies & materials, durable

11.475 159.1 159.9 4.6 1.5 1.1 -0.3 0.5

Industrial supplies & materials, nondurable

18.266 151.7 156.6 17.1 1.0 3.0 0.3 3.2

Agricultural industrial supplies & materials

10

1.504 144.8 146.2 14.9 1.9 1.5 -0.1 1.0

Nonagricultural industrial supplies & materials

28.237 154.8 158.2 12.0 1.1 2.3 0.1 2.2

Fuels & lubricants

11

4.621 222.3 232.7 33.9 1.9 9.7 -1.0 4.7

Nonagricultural supplies & materials excluding fuels & building materials

12

22.574 148.4 151.2 8.7 1.0 1.0 0.3 1.9

Selected building materials

13

1.042 113.5 112.3 0.4 -0.2 -0.4 -0.3 -1.1

Capital goods

2

39.794 100.4 100.6 1.5 0.2 0.2 0.1 0.2

Electrical generating equipment

20

3.772 107.3 107.4 1.4 0.4 0.1 0.1 0.1

Nonelectrical machinery

21

28.297 93.5 93.4 0.8 0.1 0.1 0.2 -0.1

Transportation equipment excluding motor vehicles (Dec. 2001=100)

22

7.725 124.8 126.1 4.5 0.5 0.4 0.2 1.0

Automotive vehicles, parts & engines

3

9.864 106.7 106.8 1.0 0.2 0.0 0.2 0.1

Consumer goods, excluding automotives

4

12.168 107.2 107.1 2.2 0.2 0.4 0.4 -0.1

Nondurables, manufactured

40

5.691 108.3 108.0 2.9 0.4 0.6 0.3 -0.3

Durables, manufactured

41

5.458 105.2 105.2 1.6 0.0 0.2 0.8 0.0

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected categories of goods: January 2007 to January 2008 December 2005=100, unless otherwise noted
Description NAICS Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

Nonmanufactured articles

19.758 141.2 147.6 57.0 5.3 11.1 -0.9 4.5

Agriculture, forestry, fishing and hunting

11

1.529 119.1 128.6 17.0 1.5 0.6 -0.3 8.0

Crop production

111

1.090 122.2 134.2 20.9 1.8 1.0 -0.7 9.8

Mining

21

18.229 143.3 149.4 61.3 5.6 11.9 -1.0 4.3

Mining (except oil and gas)

212

0.348 106.5 106.9 5.2 0.7 0.4 1.8 0.4

Manufactured articles

79.701 108.1 109.1 5.7 0.6 1.2 0.0 0.9

Manufactured goods, part 1

31

9.789 105.9 106.5 4.3 0.3 0.2 0.3 0.6

Food manufacturing

311

2.345 116.5 118.3 11.7 0.7 0.3 0.9 1.5

Beverage and tobacco product manufacturing

312

0.819 104.3 104.7 2.0 0.3 0.4 0.4 0.4

Textile mills

313

0.439 109.1 109.8 5.2 0.9 0.0 0.8 0.6

Textile product mills

314

0.747 100.5 101.1 0.3 0.1 0.2 0.1 0.6

Apparel manufacturing

315

4.012 102.2 102.4 2.2 0.0 0.0 0.1 0.2

Leather and allied product manufacturing

316

1.427 103.1 103.3 2.1 0.3 0.1 0.1 0.2

Manufactured goods, part 2

32

17.518 116.4 121.3 18.7 1.3 4.2 -0.6 4.2

Wood product manufacturing

321

1.119 93.3 92.2 1.5 -2.1 -0.4 0.4 -1.2

Paper manufacturing

322

1.215 103.3 104.7 0.8 0.8 -2.1 0.7 1.4

Petroleum and coal products manufacturing

324

4.506 136.6 148.8 56.8 4.5 14.2 -4.1 8.9

Chemical manufacturing

325

7.845 115.2 119.6 11.5 0.3 1.2 1.0 3.8

Plastics and rubber products manufacturing

326

1.634 105.7 108.4 4.8 0.7 0.3 0.3 2.6

Nonmetallic mineral product manufacturing

327

1.097 109.6 109.8 5.3 1.1 0.6 0.4 0.2

Manufactured goods, part 3

33

52.393 105.8 105.8 1.9 0.3 0.4 0.2 0.0

Primary metal manufacturing

331

5.403 149.5 147.8 7.6 1.1 2.1 0.3 -1.1

Fabricated metal product manufacturing

332

2.519 111.6 113.9 7.4 0.7 0.6 0.5 2.1

Machinery manufacturing

333

6.561 106.9 107.4 3.4 0.3 -0.2 0.5 0.5

Computer and electronic product manufacturing

334

14.239 94.5 94.0 -2.7 -0.2 0.0 -0.2 -0.5

Electrical equipment, appliance, and component manufacturing

335

3.658 108.7 108.7 3.5 0.5 0.5 0.3 0.0

Transportation equipment manufacturing

336

14.009 103.0 103.0 2.2 0.5 0.3 0.3 0.0

Furniture and related product manufacturing

337

1.414 102.4 103.6 2.7 0.3 0.2 0.1 1.2

Miscellaneous manufacturing

339

4.589 108.3 108.3 2.8 0.2 0.6 0.3 0.0

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected categories of goods: January 2007 to January 2008 December 2005=100, unless otherwise noted
Description NAICS Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

Nonmanufactured articles

6.829 140.3 149.2 34.4 7.1 0.7 4.2 6.3

Agriculture, forestry, fishing and hunting

11

5.438 157.3 169.5 43.8 7.3 0.9 4.4 7.8

Crop production

111

5.089 163.3 175.9 47.3 8.0 1.2 4.9 7.7

Mining

21

1.391 102.5 103.4 8.0 6.4 0.5 3.3 0.9

Mining (except oil and gas)

212

0.901 99.5 99.1 -0.4 3.0 -0.3 -0.6 -0.4

Manufactured articles

90.303 107.8 108.7 5.3 0.4 0.8 0.3 0.8

Manufactured goods, part 1

31

6.602 114.5 115.6 9.9 0.4 1.0 0.9 1.0

Food manufacturing

311

4.232 124.7 126.3 15.8 0.5 1.7 1.3 1.3

Beverage and tobacco product manufacturing

312

0.498 103.8 103.8 2.9 0.8 -0.1 0.2 0.0

Apparel manufacturing

315

0.478 100.3 101.5 1.4 0.0 0.0 -0.2 1.2

Manufactured goods, part 2

32

22.524 114.7 117.5 12.2 0.4 2.3 0.0 2.4

Wood product manufacturing

321

0.525 109.9 110.6 4.4 -0.3 -0.5 -0.5 0.6

Paper manufacturing

322

1.941 112.5 113.1 5.0 0.0 0.6 0.6 0.5

Petroleum and coal products manufacturing

324

3.092 141.7 150.2 46.0 1.2 15.0 -4.0 6.0

Chemical manufacturing

325

13.910 113.0 115.8 10.7 0.3 0.8 0.8 2.5

Plastics and rubber products manufacturing

326

2.153 106.1 106.6 2.6 0.2 0.4 0.0 0.5

Nonmetallic mineral product manufacturing

327

0.815 106.4 107.0 1.9 0.3 -0.1 -0.1 0.6

Manufactured goods, part 3

33

61.177 104.6 104.8 2.3 0.4 0.3 0.3 0.2

Primary metal manufacturing

331

4.405 130.2 131.4 12.0 1.9 2.2 1.3 0.9

Fabricated metal product manufacturing

332

2.694 112.9 113.3 4.5 0.2 0.1 0.1 0.4

Machinery manufacturing

333

11.899 106.4 106.9 3.0 0.3 0.1 0.2 0.5

Computer and electronic product manufacturing

334

17.140 96.2 95.9 -1.0 0.0 0.1 0.0 -0.3

Electrical equipment, appliance, and component manufacturing

335

3.662 105.8 106.1 2.9 0.5 0.3 0.2 0.3

Transportation equipment manufacturing

336

16.603 105.2 105.8 2.3 0.3 0.2 0.2 0.6

Miscellaneous manufacturing

339

4.430 105.8 105.5 2.4 0.5 0.1 0.8 -0.3

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2007 to January 2008 2000=100, unless otherwise noted
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

Live animals; animal products

I

1.063 126.2 125.5 4.6 -1.6 -1.4 1.4 -0.6

Meat and edible meat offal

02

0.244 148.2 147.9 4.4 1.1 -1.1 -0.2 -0.2

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.535 99.1 100.0 2.0 -1.6 -1.2 0.5 0.9

Vegetable products

II

1.258 141.5 153.1 18.2 3.1 -1.0 -1.0 8.2

Edible vegetables, roots, and tubers

07

0.331 203.9 265.6 38.8 -3.6 2.1 4.3 30.3

Edible fruit and nuts; peel of citrus fruit or melons

08

0.361 93.9 92.2 4.4 7.5 -5.2 -8.7 -1.8

Coffee, tea, mate and spices

09

0.241 152.5 160.0 15.0 3.2 -1.2 1.9 4.9

Prepared foodstuffs, beverages, and tobacco

IV

2.100 128.5 132.1 8.8 0.6 0.6 0.8 2.8

Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2007=100)

19

0.170 100.0 101.3 - - - - 1.3

Preparations of vegetables, fruit, nuts, or other parts of plants

20

0.233 134.6 135.3 12.2 1.3 2.2 1.5 0.5

Beverages, spirits, and vinegar

22

0.783 112.4 116.0 5.0 0.1 0.3 0.6 3.2

Mineral products

V

23.011 285.5 299.9 58.9 5.2 12.1 -1.6 5.0

Salt; sulfur; earths and stone; plaster materials, lime & cement (Dec.2007=100)

25

0.209 100.0 100.2 - - - - 0.2

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

22.465 286.2 300.9 60.3 5.4 12.4 -1.6 5.1

Products of the chemical or allied industries

VI

7.129 128.3 132.7 9.9 0.3 1.0 1.0 3.4

Inorganic chemicals

28

0.829 210.5 237.7 26.2 -7.5 0.6 2.4 12.9

Organic chemicals

29

2.415 126.6 132.7 7.4 2.8 1.5 0.2 4.8

Pharmaceutical products

30

2.250 110.2 110.1 1.7 0.1 0.2 0.6 -0.1

Tanning & dyeing extracts; dye & pigments; varnish & paints; putty

32

0.162 102.4 102.5 0.5 0.0 -0.1 0.1 0.1

Essential oils and resinoids (Dec. 2001=100)

33

0.381 114.3 117.1 5.6 0.0 0.1 0.4 2.4

Miscellaneous chemical products

38

0.413 98.7 96.4 2.1 0.3 0.2 -0.5 -2.3

Plastics and articles thereof; rubber and articles thereof

VII

2.765 125.1 128.5 7.0 0.6 0.8 0.2 2.7

Plastics and articles thereof

39

1.819 122.2 125.9 7.1 0.5 0.5 0.4 3.0

Rubber and articles thereof

40

0.946 130.8 133.7 6.9 1.2 1.1 -0.2 2.2

Raw hides, skins, leather, furskins, travel goods, etc

VIII

0.578 110.5 111.0 5.0 0.6 0.1 0.5 0.5

Articles of leather; travel goods, bags, etc. of various materials

42

0.513 111.0 111.6 5.6 0.6 0.2 0.5 0.5

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

1.159 114.3 113.3 1.4 -2.3 -0.4 0.4 -0.9

Woodpulp, recovered paper, and paper products

X

1.369 107.8 109.3 1.1 0.6 -1.8 0.6 1.4

Paper and paperboard; articles of paper pulp, paper or paperboard

48

0.922 101.4 103.1 -1.8 0.2 -2.9 0.3 1.7

Printed matter

49

0.254 117.6 118.6 3.3 0.2 0.3 0.0 0.9

Textile and textile articles

XI

5.024 103.0 103.4 2.1 0.1 0.0 0.1 0.4

Articles of apparel and clothing accessories, knitted or crocheted

61

1.828 100.7 101.0 0.8 0.0 0.1 0.0 0.3

Articles of apparel and clothing accessories, not knitted or crocheted

62

2.000 102.8 102.8 2.8 0.0 -0.1 0.1 0.0

Made-up or worn textile articles

63

0.499 92.8 93.6 -1.0 -0.1 0.3 0.0 0.9

Headgear, umbrellas, artifical flowers, etc.

XII

1.190 103.8 103.8 2.6 0.2 0.1 1.5 0.0

Footwear and parts of such articles

64

0.992 102.3 102.3 0.9 0.2 0.2 0.1 0.0

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.947 113.8 113.9 4.3 0.8 0.4 0.5 0.1

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2001=100)

68

0.337 105.9 106.3 3.5 1.3 0.4 0.7 0.4

Ceramic products

69

0.302 121.3 121.1 5.9 0.7 0.5 0.2 -0.2

Glass and glassware

70

0.308 113.6 113.7 3.8 0.3 0.5 0.7 0.1

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

2.658 142.1 142.7 11.1 2.2 2.3 1.5 0.4

Base metals and articles of base metals

XV

6.539 171.1 171.5 5.0 0.1 0.9 -0.6 0.2

Iron and steel

72

1.797 209.6 218.3 18.6 0.3 0.5 1.0 4.2

Articles of iron or steel

73

1.553 133.8 138.7 10.0 1.2 0.6 0.7 3.7

Copper and articles thereof

74

0.835 295.2 270.0 1.0 1.1 2.7 -6.2 -8.5

Aluminum and articles thereof

76

0.971 140.9 140.5 -5.1 -2.1 0.1 1.3 -0.3

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.356 111.1 112.0 3.9 0.4 1.5 0.1 0.8

Miscellaneous articles of base metal

83

0.448 126.5 126.6 1.6 0.2 0.2 0.2 0.1

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

24.271 88.5 88.4 0.3 0.0 0.1 0.1 -0.1

Machinery and mechanical appliances; parts thereof

84

12.521 89.1 88.8 0.1 0.1 0.0 0.1 -0.3

Electrical machinery and equip, sound and TV recorders & reproducers, parts

85

11.750 88.0 88.0 0.5 0.0 0.2 0.1 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

12.229 107.6 107.5 2.0 0.5 0.3 0.4 -0.1

Motor vehicles and their parts

87

11.333 106.7 106.6 1.8 0.4 0.4 0.3 -0.1

Aircraft, spacecraft, and parts thereof (Dec. 2002=100)

88

0.806 110.4 110.5 2.6 0.6 0.1 0.2 0.1

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

2.851 99.8 99.7 -0.1 0.1 0.1 0.2 -0.1

Optical, photographic, measuring and medical instruments

90

2.557 98.0 97.9 -0.3 0.1 0.1 0.2 -0.1

Clocks and watches and parts thereof

91

0.220 117.7 117.4 1.6 0.3 0.1 0.4 -0.3

Miscellaneous manufactured articles

XX

3.620 101.8 102.5 1.7 0.2 0.1 -0.1 0.7

Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs

94

2.072 105.3 106.1 1.8 0.4 0.1 -0.2 0.8

Toys, games and sports equipment; parts and accessories thereof

95

1.352 96.9 97.4 1.7 0.1 0.0 0.0 0.5

Miscellaneous manufactured articles

96

0.195 108.2 108.6 2.2 0.0 0.3 0.7 0.4

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2007 to January 2008 2000=100, unless otherwise noted
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

Live animals; animal products

I

1.534 154.9 155.0 14.5 -2.9 -1.2 0.6 0.1

Meat & edible meat offal (Dec. 2006=100)

02

0.808 124.9 123.1 17.9 -3.1 -2.3 0.2 -1.4

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.395 132.3 136.0 14.6 1.5 -0.6 0.6 2.8

Vegetable products

II

4.978 202.3 219.5 44.8 7.5 1.3 4.2 8.5

Edible fruit and nuts; peel of citrus fruit or melons

08

0.709 121.8 123.6 9.6 2.9 0.1 -3.6 1.5

Cereals

10

2.200 239.6 262.5 57.1 10.0 -0.6 8.9 9.6

Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder

12

1.473 208.7 230.2 71.0 6.4 5.1 7.0 10.3

Prepared foodstuffs, beverages,and tobacco

IV

2.338 128.8 131.8 11.2 1.9 1.9 0.8 2.3

Miscellaneous edible preparations

21

0.447 117.7 119.9 8.7 0.7 0.8 0.7 1.9

Residues and waste from the food industries; prepared animal feed

23

0.545 176.1 185.8 31.6 5.8 6.6 1.7 5.5

Mineral products

V

4.707 269.8 281.8 31.1 2.7 9.8 -0.8 4.4

Mineral fuels, oils and residuals, bituminous substances and mineral waxes

27

4.112 262.2 275.7 40.2 3.1 11.8 -0.6 5.1

Products of the chemical or allied industries

VI

11.464 134.0 137.2 9.7 0.3 0.8 0.8 2.4

Inorganic chemicals

28

1.091 170.6 174.2 16.3 -0.4 1.0 1.9 2.1

Organic chemicals

29

3.532 149.0 151.7 10.1 1.1 1.2 0.8 1.8

Pharmaceutical products

30

2.589 116.8 116.1 2.7 0.6 0.6 0.6 -0.6

Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks

32

0.565 117.0 115.7 2.0 0.9 1.3 0.2 -1.1

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.668 118.4 118.2 1.6 0.3 1.2 0.1 -0.2

Soap; lubricants; waxes, polishing or scouring products; candles, pastes

34

0.397 112.8 115.9 5.7 -4.3 1.0 0.7 2.7

Miscellaneous chemical products

38

1.618 121.2 122.6 3.4 -0.4 0.8 0.7 1.2

Plastics and articles thereof; rubber and articles thereof

VII

5.279 135.4 137.1 7.1 0.2 0.5 0.7 1.3

Plastics and articles thereof

39

4.291 131.5 133.2 7.5 0.2 0.4 0.9 1.3

Rubber and articles thereof

40

0.988 151.7 153.6 5.9 0.5 0.7 0.1 1.3

Raw hides, skins, leather, furskins, travel goods, etc.

VIII

0.412 117.4 117.6 -5.2 -0.6 -0.5 -0.4 0.2

Wood, wood charcoal, cork, straw, basketware and wickerwork

IX

0.651 110.6 110.7 1.2 -0.1 -1.4 -0.5 0.1

Woodpulp, recovered paper, and paper products

X

2.566 115.1 115.6 6.9 0.7 0.9 0.5 0.4

Woodpulp and recovered paper

47

0.699 123.2 124.9 14.9 2.7 1.5 0.5 1.4

Paper and paperboard; articles of paper pulp, paper or paperboard

48

1.320 110.3 111.0 3.6 -0.4 0.4 0.6 0.6

Printed material

49

0.547 121.7 120.1 6.1 1.1 1.5 0.2 -1.3

Textile and textile articles

XI

2.245 105.4 106.6 4.0 0.7 0.1 0.0 1.1

Cotton, including yarns and woven fabrics thereof

52

0.684 103.7 105.8 11.6 2.8 0.0 0.0 2.0

Stone, plaster, cement, asbestos, ceramics, glass etc.

XIII

0.813 110.5 110.3 3.8 0.7 -0.1 0.0 -0.2

Glass and glassware

70

0.442 99.3 99.0 3.2 1.0 -0.1 0.1 -0.3

Pearls, stones, precious metals, imitation jewelry, and coins

XIV

3.866 171.5 169.8 7.3 4.1 3.2 0.9 -1.0

Base metals and articles of base metals

XV

5.631 162.2 164.1 4.1 0.1 0.2 0.0 1.2

Iron and steel

72

1.365 195.5 204.4 14.9 0.3 1.0 0.7 4.6

Articles of iron or steel

73

1.400 147.3 148.6 5.9 0.2 -0.2 -0.1 0.9

Copper and articles thereof

74

0.652 233.7 229.7 0.2 3.9 -3.9 -2.5 -1.7

Aluminum and articles thereof

76

0.984 141.1 138.8 -6.5 -2.2 1.1 1.2 -1.6

Tools, implements, cutlery, spoons and forks, of base metal; parts thereof

82

0.384 115.5 118.3 4.0 0.1 0.0 -0.1 2.4

Miscellaneous articles of base metal

83

0.376 128.6 128.8 3.4 0.2 0.1 -0.2 0.2

Machinery, electrical equipment, TV image and sound recorders, parts, etc.

XVI

31.253 94.7 94.8 1.0 0.1 0.1 0.2 0.1

Machinery and mechanical appliances; parts thereof

84

17.345 103.0 103.2 0.7 0.2 0.1 0.0 0.2

Electrical machinery and equipment and parts and accessories thereof

85

13.908 85.5 85.5 1.1 -0.2 0.4 0.2 0.0

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.200 115.0 115.3 1.9 0.3 0.1 0.3 0.3

Motor vehicles and their parts

87

8.446 106.1 106.2 0.9 0.2 0.0 0.1 0.1

Optical, photo, measuring, medical & musical instruments; & timepieces

XVIII

6.144 105.0 105.1 1.4 0.7 0.3 0.1 0.1

Miscellaneous manufactured articles

XX

1.450 106.5 107.4 4.7 0.3 0.5 0.4 0.8

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.772 114.7 116.6 3.6 0.0 0.8 0.6 1.7

Toys, games and sports equipment; parts and accessories thereof

95

0.521 92.3 92.4 7.3 0.9 0.2 0.0 0.1

Footnotes
(1) Relative importance figures are based on 2006 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = Not available


Table 7. U.S. import price indexes and percent changes by locality of origin: January 2007 to January 2008 2000=100, unless otherwise noted
Description Percent
of
U.S.
imports(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

Industrialized Countries(2)

42.888 124.1 125.2 7.7 0.7 2.4 0.0 0.9

Nonmanufactured articles

4.201 226.5 232.3 37.6 2.6 13.0 0.0 2.6

Manufactured articles

38.251 116.3 116.9 4.3 0.4 1.1 0.0 0.5

Other Countries(3)

57.112 127.3 130.3 18.7 2.0 3.6 -0.5 2.4

Nonmanufactured articles

12.058 280.9 295.7 65.7 5.9 10.3 -0.5 5.3

Manufactured articles

44.837 105.5 106.9 6.7 0.7 1.0 -0.4 1.3

Canada

16.032 142.0 142.1 11.3 1.3 5.0 -1.0 0.1

Nonmanufactured articles

3.711 220.2 225.5 31.4 5.5 13.4 -2.0 2.4

Manufactured articles

12.028 127.6 126.4 5.5 0.0 2.6 -0.8 -0.9

European Union(4)

17.355 124.1 125.5 4.1 0.2 0.5 0.8 1.1

Nonmanufactured articles

0.249 304.8 316.6 75.0 -3.8 6.9 7.8 3.9

Manufactured articles

16.987 121.1 122.4 2.8 0.3 0.2 0.6 1.1

France (Dec. 2003=100)

1.844 111.1 112.6 4.8 0.4 0.3 0.6 1.4

Germany (Dec. 2003=100)

4.732 109.3 110.6 4.1 -0.3 0.5 0.6 1.2

United Kingdom (Dec. 2003=100)

2.684 126.6 128.2 11.4 -0.3 1.5 1.5 1.3

Latin America(5)

18.032 161.2 167.0 24.7 2.2 4.4 -0.9 3.6

Nonmanufactured articles

5.151 291.7 310.0 69.0 5.7 10.3 -0.1 6.3

Manufactured articles

12.786 133.4 136.2 8.0 0.5 1.4 -1.3 2.1

Mexico (Dec. 2003=100)

10.710 137.8 141.6 19.9 1.7 2.7 0.8 2.8

Pacific Rim (Dec. 2003=100)(6)

33.822 99.8 100.3 2.2 0.2 0.3 0.0 0.5

China (Dec. 2003=100)

15.926 99.6 100.4 3.3 0.2 0.2 0.1 0.8

Japan

8.032 94.1 94.2 0.2 0.1 -0.1 0.2 0.1

Asian NICs(7)

5.887 88.5 88.9 0.3 -0.2 0.6 -0.7 0.5

ASEAN (Dec. 2003=100)(8)

6.041 98.6 99.6 3.0 -0.3 0.9 0.4 1.0

Asia Near East (Dec. 2003=100)(9)

3.928 231.1 238.7 48.0 5.2 6.8 -1.4 3.3

Footnotes
(1) Percentage of trade figures are based on 2006 trade values.
(2) Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
(3) Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
(4) Includes European Union countries.
(5) Includes Mexico, Central America, South America and the Caribbean.
(6) Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines and Asian Newly Industrialized Countries.
(7) Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
(8) Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
(9) Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

NOTES: Data may be revised in each of the three months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 8. U.S. international price indexes and percent changes for selected transportation services: January 2007 to January 2008 2000=100, unless otherwise noted
Description Relative
import-
ance
Dec.
2007(1)
Index Percent change
Dec.
2007
Jan.
2008
Annual Monthly
Jan.
2007
to
Jan.
2008
Sept.
2007
to
Oct.
2007
Oct.
2007
to
Nov.
2007
Nov.
2007
to
Dec.
2007
Dec.
2007
to
Jan.
2008

Air Freight

Import Air Freight

100.000 142.6 142.4 7.6 0.8 2.4 3.0 -0.1

Europe (Dec. 2003=100)

28.505 148.1 148.6 13.5 2.2 4.0 3.6 0.3

Asia

61.413 122.1 121.7 5.6 0.3 1.8 2.9 -0.3

Export Air Freight

100.000 128.3 132.2 11.5 2.1 1.1 3.8 3.0

Europe (Dec. 2006=100)

40.051 113.8 123.2 21.4 5.4 1.7 3.8 8.3

Inbound Air Freight

100.000 138.6 139.2 8.7 1.2 2.4 3.2 0.4

Europe (Dec. 2003=100)

30.629 143.8 145.3 14.7 2.5 4.4 3.6 1.0

Asia

57.457 116.9 117.0 6.0 0.5 1.5 3.4 0.1

Outbound Air Freight

100.000 124.4 126.7 11.8 1.6 1.8 2.8 1.8

Europe (Dec. 2003=100)

41.587 141.4 144.9 13.6 1.8 2.7 2.8 2.5

Asia

40.656 110.9 112.8 8.7 0.9 1.2 2.7 1.7

Air Passenger Fares

Import Air Passenger Fares

100.000 135.3 132.4 7.8 -5.6 -3.2 5.5 -2.1

Europe

39.916 124.1 124.6 8.5 -12.7 -7.8 1.5 0.4

Asia

28.430 133.5 118.5 1.6 -2.1 -0.9 16.0 -11.2

Latin America/Caribbean

13.002 128.3 127.6 3.6 2.6 2.4 1.0 -0.5

Export Air Passenger Fares

100.000 155.7 168.0 18.6 -0.6 -1.2 2.6 7.9

Europe

29.218 182.6 179.5 8.8 -0.5 -5.5 3.5 -1.7

Asia

33.603 126.4 149.8 31.1 -3.8 -2.5 6.3 18.5

Latin America/Caribbean

21.756 169.9 180.7 8.7 0.0 1.6 -0.8 6.4

Footnotes
(1) Relative importance figures for Air Passenger Fares Indexes are based on 2006 trade values, while the relative importance figures for the Air Freight Indexes are based on 2005 trade values.

NOTES: Data may be revised in each of the three months after original publication.
Dash = 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.  Published series use a base year of 2000=100 where possible.  More 
detailed index series and additional information may be obtained at http://www.bls.gov/mxp, or by 
calling (202) 691-7101.

Merchandise Goods Classification Systems -- The merchandise price indexes are published using 
three classification systems.  Items are classified by end use according to the Bureau of Economic 
Analysis Classification System, by industry according to the North American Industry Classification 
System (NAICS), and by product category according to the Harmonized System (HS).  While 
classification by end use and product category are self-explanatory, some notes are in order for 
classifying items by industry.  In the NAICS imports and exports tables, items are classified by output 
industry, not input industry.  As an example, NAICS import index 326 (plastics and rubber products 
manufacturing) include outputs such as manufactured plastic rather than inputs such as petroleum.  The 
NAICS classification structure also matches the classification system used by the PPI (Producer Price 
Index) to produce the NAICS primary products indexes.

Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United 
States Annotated (TSUSA).  Import prices are based on U.S. dollar prices paid by the U.S. importer.  
The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" 
(c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry.  The index for 
crude petroleum is calculated from data collected by the U.S. Department of Energy.  

Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification 
system of the U.S. Bureau of the Census.  The prices used are generally either "free alongside ship" 
(f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual 
industry.  Prices used in the grain index, excluding rice, are obtained from the U.S. Department of 
Agriculture.

Services Price Indexes -- The Import Air Passenger Fares Indexes are calculated from data obtained 
from a commercial airline reservation system.  These data exclude frequent flyer tickets and those sold 
by consolidators.  The Export Air Passenger Fares Indexes are calculated from data collected directly 
from airlines.  These data include frequent flyer tickets and those sold by consolidators.  Taxes and fees 
are excluded from both the Import and Export Air Passenger Fares Indexes.  The Air Freight Indexes are 
calculated from data collected directly from companies.  These data exclude mail and passenger 
baggage.  The scope of the service being priced is the movement of freight from airport to airport only, 
and does not include any ground transportation or port service.  The Air Freight Indexes are presented 
using two definitions: Balance of Payments (which represent transactions between U.S. and foreign 
residents) and International (which represent transactions inbound to and outbound from the U.S.).  Fact 
sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp 
under "Publications and Other Documentation."

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected 
for the Import Price Indexes.  Beginning with January 2002, the indexes are defined by locality of origin 
using a nomenclature based upon the North American Industry Classification System (NAICS).  
Nonmanufactured goods are defined as NAICS 11 and 21 and manufactured goods are defined as 
NAICS 31-33. 
 
Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the three months after original publication.  After three months, no further data 
revisions take place.  So, for example, data released in the January release will be subject to revision in 
the releases for February, March, and April.

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts constructed by the Department of Commerce.  
Other published indexes are useful for general market analysis.  For trade in international services, 
Balance of Payments indexes are used for deflating National Income and Product Accounts, while 
International indexes are more appropriate for market analysis.  Merchandise and services indexes also 
can be used to study U.S. competitiveness and to compute price elasticities, and the merchandise import 
indexes by country or region of origin are useful in terms of trade analysis.

E-Mail Subscription -- The IPP news release is available through an e-mail subscription service at 
(http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm).
 
Additional Information -- More detailed IPP data are available on the IPP home page at 
(http://www.bls.gov/mxp).  Flat Files and the FTP server are available for users requiring access to 
either a large volume of time series data or other IPP-related documentation. The FTP site can be 
accessed at ftp://ftp.bls.gov.   For technical assistance in using the BLS Internet site, send e-mail to 
(labstat.helpdesk@bls.gov).  For IPP data requests, send e-mail to (mxpinfo@bls.gov). 

Information from this release will be made available to sensory impaired individuals upon request.  
Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.



Last Modified Date: February 15, 2008
Recommend this page using: