Economic News Release

U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until				    USDL-15-0212
8:30 a.m. (EST) Friday, February 13, 2015

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


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

U.S. import prices fell 2.8 percent in January, after declining 1.9 percent in December and 1.8 percent in 
November, the U.S. Bureau of Labor Statistics reported today. Decreasing fuel prices drove each of the 
monthly drops. The price index for U.S. exports decreased 2.0 percent in January, and has not recorded a 
monthly advance since July.

Imports

All Imports: The price index for U.S. imports declined 2.8 percent in January. The index has not recorded a 
monthly advance since June 2014, and the January drop was the largest 1-month decrease since the index 
fell 4.6 percent in December 2008. U.S. import prices decreased 8.0 percent between January 2014 and 
January 2015, the largest 12-month decline since the index fell 12.0 percent in September 2009.          

Fuel Imports: Fuel prices fell 16.9 percent in January following declines of 11.3-percent in December and 
9.2-percent in October. The January decrease was the largest monthly drop for the index since a 22.2-
percent decline in December 2008. Lower petroleum and natural gas prices, down 17.7 percent and 8.8 
percent, respectively, each contributed to the January decrease in overall fuel prices. The price index for 
import fuel declined 39.0 percent over the past 12 months, the largest year-over-year drop since the index 
fell 41.0 percent between August 2008 and August 2009. In January, the 12-month decline in fuel prices 
was led by a 40.1-percent decrease in petroleum prices and a 29.0-percent drop in natural gas prices.       

All Imports Excluding Fuel: Prices for nonfuel imports fell 0.7 percent in January and have not recorded a 
monthly advance since July 2014. The January decline matches the 0.7-percent drop in January 2009, and 
those were the largest 1-month decreases since the index fell 1.1 percent in December 2008. Decreases in 
prices for each of the major finished goods categories; nonfuel industrial supplies and materials; and foods, 
feeds, and beverages all contributed to the overall decline in nonfuel import prices. The price index for 
nonfuel imports decreased 0.9 percent for the year ended in January.        

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

Month IMPORTS EXPORTS
All
imports
Fuel
imports
Nonfuel
imports
All
exports
Agri-
cultural
exports
Non-
agricultural
exports

2014

January

0.4 0.8 0.3 0.3 0.0 0.4

February

1.1 5.9 0.0 0.8 1.4 0.6

March

0.5 1.0 0.3 0.9 2.8 0.7

April

-0.6 -2.6 0.0 -1.0 1.5 -1.2

May

0.3 1.2 0.0 0.1 0.3 0.0

June

0.3 1.6 -0.1 -0.5 -1.9 -0.3

July

-0.3 -1.5 0.1 0.1 -1.8 0.2

August

-0.8 -3.8 0.0 -0.5 -3.1 -0.2

September

-0.8 -3.6 -0.2 -0.4 -1.6 -0.2

October

-1.4 (r)-6.8 -0.1 -0.9 -2.2 -0.7

November

-1.8 (r)-9.2 -0.3 (r)-0.9 (r)0.1 -1.0

December

(r)-1.9 (r)-11.3 -0.1 (r)-1.0 -0.7 (r)-1.0

2015

January

-2.8 -16.9 -0.7 -2.0 -1.2 -2.1

Jan. 2013 to 2014

-1.3 -2.2 -1.1 -1.0 -5.3 -0.5

Jan. 2014 to 2015

-8.0 -39.0 -0.9 -5.4 -6.3 -5.3

Footnotes
(r) Revised


Exports

All Exports: U.S. export prices declined 2.0 percent in January after declines of 1.0-percent in December 
and 0.9-percent in both November and October. The January drop matched a 2.0-percent decline in October 
2011, the largest monthly decrease since the index fell 2.2 percent in December 2008. Both agricultural and 
nonagricultural prices contributed to the overall drop in January. The price index for overall exports fell 5.4 
percent over the past 12 months, the largest year-over-year decline since the index decreased 5.6 percent in 
September 2009.             

Agricultural Exports: Agricultural prices decreased 1.2 percent in January, after a 0.7-percent decline in 
December. The January drop was driven by a 3.2-percent decrease in meat prices, a 6.8-percent fall in wheat 
prices, and a 3.4-percent drop in fruit prices. Prices for overall agricultural exports declined 6.3 percent for 
the year ended in January, led by lower prices for soybeans and corn.                                  

All Exports Excluding Agriculture: The price index for nonagricultural exports decreased 2.1 percent in 
January following declines of 1.0-percent in both December and November. The drop in January was the 
largest 1-month decrease since the index fell 2.8 percent in November 2008. The January decrease was 
driven by a sharp drop in nonagricultural industrial supplies and materials prices, although lower prices for 
consumer goods and automotive vehicles also contributed to the overall decline. Nonagricultural prices fell 
5.3 percent over the past year. 


                                      SELECTED JANUARY HIGHLIGHTS
                                      

Import Prices

Imports by Locality of Origin: Import prices from China fell 0.3 percent in January, after recording no 
change in each of the previous 4 months. The decline was the largest monthly drop since the index fell 0.6 
percent in May 2013. Prices for imports from Japan decreased 0.7 percent in January following a 0.5-
percent decline in December. The January decrease was the largest 1-month drop since the index fell 0.8 
percent in April 2013. The price indexes for imports from Canada, the European Union, and Mexico also 
decreased in January led by lower fuel prices. Import prices from Canada fell 4.8 percent for the month, 
while prices for imports from the European Union and Mexico decreased 1.0 percent and 2.1 percent, 
respectively.            

Nonfuel Industrial Supplies and Materials: Nonfuel industrial supplies and materials prices fell 1.2 
percent in January, the largest monthly decline since a 1.7-percent drop in July 2013. The January decrease 
was driven by a 2.2-percent decline in chemicals prices and a 1.9-percent drop in unfinished metals prices. 

Finished Goods: Each of the major finished goods categories declined in January. Capital goods prices 
decreased 0.4 percent, the largest 1-month drop since the index fell 0.5 percent in March 2009. Lower prices 
for industrial service machinery and computers, peripherals, and semiconductors led the January decline. 
Consumer goods prices decreased 0.3 percent in January, while prices for automotive vehicles fell 0.5 
percent.         

Foods, Feeds, and Beverages: The price index for foods, feeds, and beverages decreased 2.2 percent, after 
rising 0.7 percent the previous month. The January decline was led by a 17.0-percent downturn in vegetable 
prices.     

Transportation Services: Import air passenger fares fell 6.8 percent in January following a 7.9-percent 
increase the previous month. The January drop was led by a 14.4-percent decline in Asian fares and was the 
largest monthly decrease since a 7.9-percent decline in August 2013. The index for import air passenger 
fares rose 2.3 percent over the past year. Import air freight prices ticked up 0.1 percent in January, the first 
advance since the index increased 0.3 percent in August 2014. Prices for import air freight fell 5.6 percent 
for the year ended in January.        


Export Prices

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials declined 6.1 percent in January, after decreasing 3.1 percent the previous month. The January drop 
was the largest monthly decline since the index fell 8.3 percent in November 2008, and was led by an 18.0-
percent drop in fuel prices.  

Finished Goods: Consumer goods prices fell 0.8 percent in January, driven by a 3.2-percent decrease in the 
price index for medicinal, dental, and pharmaceutical materials. In January, automotive vehicle prices edged 
down 0.1 percent, while prices for capital goods ticked up 0.1 percent.      

Transportation Services: Export air passenger fares rose 1.1 percent in January, after increasing 7.8 
percent in December. Despite the recent advances, the index for export air passenger fares declined 3.8 
percent for the year ended in January. Prices for export air freight increased 3.0 percent in January following 
a 1.7-percent decline the previous month. The January advance was the largest 1-month rise since the index 
increased 5.8 percent in May 2014. Export air freight prices rose 6.4 percent over the past 12 months.    

Import and Export Price Index data for February 2015 are scheduled for release on Thursday, March 
12, 2015 at 8:30 a.m. (EDT).    


Table 1. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to January 2015
[2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

All commodities

100.000 130.9 127.2 -8.0 -1.4 -1.8 -1.9 -2.8

All imports excluding food and fuels (Dec. 2010=100)

80.615 101.6 101.0 -1.1 -0.2 -0.3 -0.1 -0.6

All imports excluding petroleum

87.448 115.1 114.3 -1.2 -0.2 -0.3 0.0 -0.7

All imports excluding fuels (Dec. 2001=100)

86.508 119.0 118.2 -0.9 -0.1 -0.3 -0.1 -0.7

Foods, feeds, & beverages

0

5.893 182.2 178.2 0.7 1.1 -0.5 0.7 -2.2

Agricultural foods, feeds & beverages, excluding distilled beverages

00

4.588 201.7 196.4 2.3 1.2 -0.4 1.3 -2.6

Nonagricultural foods (fish, distilled beverages)

01

1.305 137.7 136.8 -4.5 0.5 -1.1 -1.6 -0.7

Industrial supplies & materials

1

27.066 204.0 185.5 -23.9 -4.3 -5.6 -6.4 -9.1

Industrial supplies & materials excluding petroleum

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

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

13.574 176.9 174.7 -2.3 -0.7 -0.8 -0.4 -1.2

Industrial supplies & materials, durable

8.052 164.2 162.7 -1.9 -1.8 -1.2 -0.1 -0.9

Industrial supplies & materials nondurable excluding petroleum

5.522 150.5 146.7 -6.6 0.9 -0.4 0.5 -2.5

Fuels & lubricants

10

13.493 240.1 199.5 -39.0 -6.8 -9.2 -11.3 -16.9

Petroleum & petroleum products

100

12.553 260.6 214.4 -40.1 -7.2 -9.7 -12.4 -17.7

Crude

10000

9.099 264.8 220.8 -39.8 -6.7 -10.1 -13.6 -16.6

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

101

0.749 138.2 127.7 -25.1 -1.1 -1.7 8.6 -7.6

Gas-natural

10110

0.590 126.7 115.5 -29.0 -1.1 -2.0 10.7 -8.8

Paper & paper base stocks

11

0.579 112.8 112.1 -1.1 -0.3 -0.2 0.1 -0.6

Materials associated with nondurable supplies & materials

12

5.013 168.1 164.7 -3.2 1.0 -0.3 -0.8 -2.0

Selected building materials

13

1.182 140.6 140.8 -1.2 -0.7 -0.6 -0.1 0.1

Unfinished metals related to durable goods

14

3.495 228.9 224.6 -4.0 -3.5 -2.1 0.0 -1.9

Finished metals related to durable goods

15

1.674 156.9 155.9 0.1 -0.1 -0.8 -0.1 -0.6

Nonmetals related to durable goods

16

1.631 111.5 112.0 0.7 -0.3 -0.2 -0.3 0.4

Capital goods

2

26.613 92.0 91.6 -1.0 -0.1 -0.2 -0.1 -0.4

Electric generating equipment

20

3.258 120.1 119.7 0.4 -0.2 0.0 -0.1 -0.3

Nonelectrical machinery

21

21.036 84.5 84.1 -1.3 -0.1 -0.2 -0.1 -0.5

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

22

2.320 136.8 136.9 0.6 -0.1 0.1 0.1 0.1

Automotive vehicles, parts & engines

3

14.833 112.6 112.0 -1.1 0.0 0.0 0.0 -0.5

Consumer goods, excluding automotives

4

25.595 107.9 107.6 -0.4 -0.2 -0.1 -0.1 -0.3

Nondurables, manufactured

40

12.135 119.0 118.5 0.6 0.0 0.1 0.1 -0.4

Durables, manufactured

41

12.037 96.7 96.5 -1.4 -0.4 0.0 -0.3 -0.2

Nonmanufactured consumer goods

42

1.423 119.0 119.1 0.5 0.0 -0.5 -1.2 0.1

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


Table 2. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to January 2015
[2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

All commodities

100.000 128.2 125.6 -5.4 -0.9 -0.9 -1.0 -2.0

Agricultural commodities

9.396 201.7 199.2 -6.3 -2.2 0.1 -0.7 -1.2

All exports excluding food and fuels (Dec. 2010=100)

82.480 101.3 100.9 -1.0 -0.3 -0.4 -0.2 -0.4

Nonagricultural commodities

90.604 122.8 120.2 -5.3 -0.7 -1.0 -1.0 -2.1

Foods, feeds, & beverages

0

8.731 203.8 200.5 -5.6 -2.1 0.1 -0.9 -1.6

Agricultural foods, feeds & beverages, excluding distilled beverages

00

8.077 206.1 202.1 -6.3 -2.3 0.2 -0.9 -1.9

Nonagricultural foods (fish, distilled beverages)

01

0.654 186.2 191.4 3.6 -0.4 -1.8 -1.1 2.8

Industrial supplies & materials

1

32.004 162.5 153.2 -14.7 -2.0 -2.6 -2.9 -5.7

Industrial supplies & materials, durable

11.100 164.9 164.4 -3.5 -1.4 -1.7 -0.1 -0.3

Industrial supplies & materials, nondurable

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

Agricultural industrial supplies & materials

10

1.319 182.3 188.5 -6.4 -1.9 -0.3 0.5 3.4

Nonagricultural industrial supplies & materials

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

Fuels & lubricants

11

8.789 204.1 167.4 -38.1 -4.6 -6.2 -9.0 -18.0

Nonagricultural supplies & materials excluding fuels & building materials

12

20.891 161.5 159.3 -3.7 -0.9 -1.3 -0.7 -1.4

Selected building materials

13

1.005 121.2 121.6 -5.5 -0.2 0.3 -0.4 0.3

Capital goods

2

36.943 107.3 107.4 0.8 0.0 -0.1 0.1 0.1

Electrical generating equipment

20

3.772 115.4 115.2 0.2 -0.5 0.1 -0.1 -0.2

Nonelectrical machinery

21

25.344 95.2 95.3 0.0 -0.2 -0.1 0.0 0.1

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

22

7.826 158.4 159.2 3.9 0.9 0.0 0.3 0.5

Automotive vehicles, parts & engines

3

9.957 114.1 114.0 0.3 0.2 0.0 -0.1 -0.1

Consumer goods, excluding automotives

4

12.365 114.2 113.3 -1.4 -0.4 -0.3 -0.2 -0.8

Nondurables, manufactured

40

5.559 111.5 109.6 -2.6 -0.5 -0.5 0.5 -1.7

Durables, manufactured

41

5.225 111.1 110.8 -1.4 -0.3 -0.2 0.0 -0.3

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


Table 3. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to January 2015
[December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

Nonmanufactured articles

12.051 125.0 107.5 -34.3 -5.0 -8.7 -10.2 -14.0

Agriculture, forestry, fishing and hunting

11

2.071 186.2 177.4 1.8 4.0 -1.8 2.4 -4.7

Crop production

111

1.667 197.7 186.1 3.7 5.4 -2.2 3.5 -5.9

Animal production (Dec. 2014=100)

112

0.234 100.0 97.6 - - - - -2.4

Forestry and logging (Dec. 2012=100)

113

0.112 68.1 68.4 -25.5 -5.0 -1.3 0.3 0.4

Mining

21

9.980 118.0 99.3 -38.8 -6.2 -9.6 -12.1 -15.8

Mining (except oil and gas) (Dec. 2006=100)

212

0.237 117.9 115.8 -6.7 -3.4 -0.2 -0.1 -1.8

Manufactured articles

87.617 114.3 112.7 -2.8 -0.6 -0.5 -0.5 -1.4

Manufactured goods, part 1

31

11.567 126.1 125.6 0.8 -0.2 -0.2 -0.2 -0.4

Food manufacturing

311

3.301 159.5 157.6 -0.1 -0.6 -0.7 -0.4 -1.2

Beverage and tobacco product manufacturing

312

1.033 117.3 117.4 2.2 -0.1 0.0 -0.1 0.1

Textile mills (Dec. 2011=100)

313

0.394 103.1 102.6 0.5 0.7 -0.1 -0.2 -0.5

Textile product mills

314

0.857 113.7 113.7 -0.8 -0.2 0.2 -0.4 0.0

Apparel manufacturing

315

4.173 112.1 112.0 1.3 0.0 0.1 0.0 -0.1

Leather and allied product manufacturing

316

1.808 124.0 124.2 1.8 0.2 0.0 0.1 0.2

Manufactured goods, part 2

32

17.640 129.1 122.9 -10.2 -1.9 -1.7 -1.9 -4.8

Wood product manufacturing

321

0.716 119.8 120.2 -1.6 -1.1 -0.9 0.1 0.3

Paper manufacturing

322

1.079 111.3 111.0 0.2 -0.2 0.0 0.4 -0.3

Petroleum and coal products manufacturing

324

3.226 118.0 93.5 -40.4 -10.0 -8.0 -8.7 -20.8

Chemical manufacturing

325

9.358 137.3 134.9 -1.5 0.9 -0.1 -0.4 -1.7

Plastics and rubber products manufacturing

326

2.132 121.9 121.2 -1.9 0.0 0.2 -0.1 -0.6

Nonmetallic mineral product manufacturing

327

0.929 130.1 130.2 0.0 0.2 0.1 -0.5 0.1

Manufactured goods, part 3

33

58.411 107.1 106.6 -1.1 -0.4 -0.2 -0.2 -0.5

Primary metal manufacturing

331

4.190 152.4 149.8 -2.9 -2.6 -1.7 -0.2 -1.7

Fabricated metal product manufacturing

332

2.909 127.3 126.9 0.5 0.2 -0.3 -0.2 -0.3

Machinery manufacturing

333

6.956 120.2 119.8 -1.5 -0.5 -0.1 -0.2 -0.3

Computer and electronic product manufacturing

334

17.147 79.2 78.8 -1.9 -0.1 -0.1 -0.3 -0.5

Electrical equipment, appliance, and component manufacturing

335

4.538 119.0 118.6 0.1 -0.2 0.3 -0.3 -0.3

Transportation equipment manufacturing

336

15.886 111.3 110.9 -0.7 0.0 0.0 -0.1 -0.4

Furniture and related product manufacturing

337

1.510 116.1 116.2 1.1 -0.1 0.0 -0.4 0.1

Miscellaneous manufacturing

339

5.273 120.9 120.6 -0.4 -0.5 -0.1 -0.4 -0.2

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


Table 4. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to January 2015
[December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

Nonmanufactured articles

6.902 147.0 140.9 -16.5 -3.6 2.2 0.6 -4.1

Agriculture, forestry, fishing and hunting

11

4.304 172.0 171.7 -11.4 -4.5 2.0 0.4 -0.2

Crop production

111

4.073 178.8 178.2 -10.9 -4.8 2.2 0.5 -0.3

Mining

21

2.598 90.0 80.3 -25.2 -1.8 2.7 1.1 -10.8

Mining (except oil and gas)

212

1.256 95.0 92.9 -8.3 -1.6 -0.1 -0.9 -2.2

Manufactured articles

91.431 117.0 114.9 -4.5 -0.7 -1.0 -1.1 -1.8

Manufactured goods, part 1

31

7.311 151.3 149.2 -1.5 -0.6 -1.0 -1.4 -1.4

Food manufacturing

311

5.122 175.0 171.2 -1.2 -0.5 -1.5 -1.8 -2.2

Beverage and tobacco product manufacturing

312

0.580 113.3 116.8 -3.9 -2.4 3.7 1.3 3.1

Manufactured goods, part 2

32

25.018 120.6 112.7 -15.6 -1.9 -2.6 -3.6 -6.6

Paper manufacturing

322

1.857 126.0 124.6 1.0 0.4 0.0 0.2 -1.1

Petroleum and coal products manufacturing

324

6.048 121.5 96.1 -44.2 -5.8 -8.0 -11.9 -20.9

Chemical manufacturing

325

13.356 124.6 121.2 -5.4 -0.7 -0.9 -1.1 -2.7

Plastics and rubber products manufacturing

326

2.182 118.4 118.9 -0.1 -0.2 -0.2 -0.3 0.4

Nonmetallic mineral product manufacturing

327

0.798 112.2 112.5 0.4 -0.1 0.1 0.2 0.3

Manufactured goods, part 3

33

59.101 112.4 112.4 0.2 -0.2 -0.3 0.1 0.0

Primary metal manufacturing

331

4.732 142.6 142.5 -1.5 -2.6 -2.2 0.8 -0.1

Fabricated metal product manufacturing

332

2.901 128.3 129.4 -1.7 0.1 -0.2 0.3 0.9

Machinery manufacturing

333

11.107 124.3 124.5 1.0 0.0 0.2 0.1 0.2

Computer and electronic product manufacturing

334

13.989 86.7 86.6 -1.5 -0.5 -0.3 0.0 -0.1

Electrical equipment, appliance, and component manufacturing

335

3.647 114.8 115.1 0.8 0.3 -0.1 -0.1 0.3

Transportation equipment manufacturing

336

16.888 120.7 120.8 1.9 0.5 0.0 0.1 0.1

Furniture and related product manufacturing (Dec. 2011=100)

337

0.371 109.6 110.3 2.5 0.5 0.0 0.4 0.6

Miscellaneous manufacturing

339

5.467 124.0 123.4 0.2 -0.3 0.2 -0.9 -0.5

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


Table 5. U.S. import price indexes and percent changes for selected categories of goods: January 2014 to January 2015
[2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

Live animals; animal products

I

1.364 197.8 194.2 0.5 0.0 -1.1 -1.7 -1.8

Meat and edible meat offal

02

0.325 253.6 245.5 9.2 -2.9 -1.5 -3.5 -3.2

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.692 136.8 135.5 -8.7 1.1 -1.8 -1.8 -1.0

Vegetable products

II

1.991 214.0 200.9 -0.6 4.3 -1.8 4.7 -6.1

Edible vegetables, roots, and tubers

07

0.555 489.7 383.3 -4.4 19.3 -7.3 18.6 -21.7

Edible fruit and nuts; peel of citrus fruit or melons

08

0.471 97.5 101.0 -8.7 -4.2 4.5 -2.1 3.6

Coffee, tea, mate and spices

09

0.386 261.3 265.0 20.5 3.9 -2.2 1.2 1.4

Animal or vegetable fats and oils (Dec. 2009=100)

III

0.267 109.0 110.5 -2.0 1.4 -0.4 -2.8 1.4

Prepared foodstuffs, beverages, and tobacco

IV

2.703 162.5 161.8 1.8 -0.4 -0.6 0.4 -0.4

Sugars and sugar confectionary (Dec. 2012=100)

17

0.180 91.7 91.5 6.8 -0.6 0.0 1.8 -0.2

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.238 110.0 112.2 11.2 1.5 -6.6 -0.8 2.0

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

19

0.270 133.6 134.0 2.1 0.5 -0.1 0.0 0.3

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

20

0.338 167.3 164.4 -0.1 -1.9 0.7 0.6 -1.7

Beverages, spirits, and vinegar

22

1.008 127.8 127.7 1.7 0.0 -0.1 -0.1 -0.1

Mineral products

V

13.369 241.4 200.8 -38.8 -7.0 -9.2 -11.3 -16.8

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

27

13.114 238.4 197.7 -39.2 -7.1 -9.3 -11.5 -17.1

Products of the chemical or allied industries

VI

8.548 152.1 148.7 -2.0 0.5 -0.1 -0.3 -2.2

Inorganic chemicals

28

0.723 338.7 318.8 3.3 6.2 2.5 -0.5 -5.9

Organic chemicals

29

2.513 131.7 122.8 -10.2 -0.7 -0.6 -1.3 -6.8

Pharmaceutical products

30

3.294 134.3 135.8 2.3 -0.1 -0.1 0.3 1.1

Fertilizers (Dec. 2009=100)

31

0.387 116.8 116.8 7.0 7.6 -1.5 1.5 0.0

Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2011=100)

32

0.209 105.3 104.4 4.5 0.7 -0.2 -0.5 -0.9

Miscellaneous chemical products

38

0.537 91.7 90.6 -3.1 -0.4 -0.6 -0.5 -1.2

Plastics and articles thereof; rubber and articles thereof

VII

3.355 146.0 145.0 -2.8 0.2 0.1 -0.3 -0.7

Plastics and articles thereof

39

2.168 149.4 149.5 0.1 0.7 0.1 -0.7 0.1

Rubber and articles thereof

40

1.187 141.6 138.7 -7.9 -0.6 0.1 0.4 -2.0

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

VIII

0.691 128.0 128.3 0.9 0.0 -0.1 0.2 0.2

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

42

0.643 130.4 130.7 1.6 0.0 -0.1 0.2 0.2

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

IX

0.741 145.2 145.6 -1.8 -0.9 -0.9 0.0 0.3

Wood and articles of wood; wood charcoal (Dec. 2014=100)

44

0.705 100.0 100.2 - - - - 0.2

Woodpulp, recovered paper, and paper products

X

1.122 113.3 113.1 -0.8 -0.3 0.0 0.3 -0.2

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

48

0.745 106.9 107.1 -0.3 0.0 -0.2 0.1 0.2

Textile and textile articles

XI

5.269 114.9 114.8 0.7 0.0 0.1 -0.2 -0.1

Articles of apparel and clothing accessories, knitted or crocheted

61

2.099 104.0 103.9 1.2 0.0 0.1 0.0 -0.1

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.888 120.3 120.3 1.3 -0.1 0.2 -0.1 0.0

Made-up or worn textile articles

63

0.618 107.6 107.4 -0.6 -0.3 0.2 -0.1 -0.2

Headgear, umbrellas, artifical flowers, etc.

XII

1.432 122.7 122.7 1.4 0.2 0.0 0.1 0.0

Footwear and parts of such articles

64

1.247 122.0 122.1 1.6 0.2 0.0 0.1 0.1

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

XIII

0.865 132.6 132.4 -0.6 0.0 0.1 -0.5 -0.2

Ceramic products

69

0.260 139.3 138.6 -1.6 0.1 -0.1 -1.6 -0.5

Glass and glassware

70

0.302 129.2 129.1 -0.8 0.0 -0.2 -0.1 -0.1

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

XIV

2.953 172.9 173.6 -1.6 -3.2 -2.2 0.3 0.4

Base metals and articles of base metals

XV

5.454 180.6 177.7 -1.5 -0.9 -0.7 -0.7 -1.6

Iron and steel

72

1.244 217.3 212.6 -2.8 -0.6 -1.4 -1.1 -2.2

Articles of iron or steel

73

1.665 153.7 152.8 0.1 0.3 -0.5 -0.8 -0.6

Copper and articles thereof

74

0.479 312.3 301.5 -12.6 -2.2 -1.6 -1.0 -3.5

Aluminum and articles thereof

76

0.764 142.0 138.2 2.5 -1.7 1.1 -1.4 -2.7

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

82

0.429 129.1 128.8 -0.2 0.0 0.0 0.1 -0.2

Miscellaneous articles of base metal

83

0.498 138.1 137.9 1.4 -0.2 0.0 0.0 -0.1

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

XVI

28.834 83.7 83.4 -1.3 -0.1 -0.2 -0.2 -0.4

Machinery and mechanical appliances; parts thereof

84

14.655 89.0 88.6 -1.0 -0.1 -0.1 -0.1 -0.4

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

85

14.179 78.7 78.4 -1.8 -0.3 -0.4 -0.3 -0.4

Vehicles, aircraft, vessels and associated transport equipment

XVII

13.298 115.5 115.1 -0.8 0.2 0.0 -0.1 -0.3

Motor vehicles and their parts

87

12.021 114.2 113.8 -0.8 0.2 0.0 -0.1 -0.4

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

88

1.187 120.2 120.2 -0.2 0.0 0.0 0.0 0.0

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

XVIII

3.743 104.0 103.4 -1.1 -0.5 0.0 0.0 -0.6

Optical, photographic, measuring and medical instruments

90

3.431 100.8 100.2 -1.2 -0.4 -0.2 0.1 -0.6

Clocks and watches and parts thereof

91

0.252 143.3 142.3 -1.2 -1.4 1.7 -0.1 -0.7

Miscellaneous manufactured articles

XX

3.899 114.1 113.8 0.6 0.0 0.1 0.1 -0.3

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

94

2.351 118.8 118.8 1.5 0.0 0.3 0.1 0.0

Toys, games and sports equipment; parts and accessories thereof

95

1.301 105.8 104.9 -0.5 -0.1 0.1 0.1 -0.9

Miscellaneous manufactured articles

96

0.248 134.7 135.3 -0.4 0.7 -0.7 -0.1 0.4

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


Table 6. U.S. export price indexes and percent changes for selected categories of goods: January 2014 to January 2015
[2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

Live animals; animal products

I

2.124 229.9 220.3 -0.9 0.1 -2.3 -5.3 -4.2

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

02

1.295 185.6 178.5 7.9 1.2 -1.3 -5.1 -3.8

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.382 203.8 207.3 4.3 -1.5 -1.5 -1.4 1.7

Vegetable products

II

4.165 225.6 223.1 -9.3 -3.4 2.0 1.3 -1.1

Edible fruit and nuts; peel of citrus fruit or melons

08

1.179 188.8 184.8 -1.6 10.0 -5.4 5.0 -2.1

Cereals

10

1.121 227.7 219.5 -7.6 -5.6 6.3 3.4 -3.6

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

12

1.451 221.8 224.9 -15.6 -12.3 6.0 -2.8 1.4

Animal or vegetable fats and oils (Dec. 2009=100)

III

0.214 104.6 104.9 -8.5 -1.7 -1.5 0.7 0.3

Prepared foodstuffs, beverages,and tobacco

IV

3.014 162.5 162.2 -2.3 -1.2 -0.1 0.7 -0.2

Preparations of vegetables, fruit, nuts or other parts of plants (Dec. 2009=100)

20

0.368 117.5 118.5 3.0 0.0 -0.2 0.0 0.9

Beverages, spirits, and vinegar (Dec. 2008=100)

22

0.474 110.8 110.2 -1.6 -0.7 2.0 -1.2 -0.5

Residues and waste from the food industries; prepared animal feed

23

0.746 243.5 244.7 -7.1 -4.0 -0.3 5.0 0.5

Mineral products

V

8.678 236.2 194.8 -38.6 -4.8 -5.6 -8.7 -17.5

Ores, slag and ash (Dec. 2012=100)

26

0.509 93.4 89.8 -4.5 -2.4 -0.1 -2.1 -3.9

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

27

7.987 229.7 186.5 -40.9 -5.0 -6.0 -9.4 -18.8

Products of the chemical or allied industries

VI

10.825 146.4 142.6 -5.2 -0.8 -0.8 -0.7 -2.6

Inorganic chemicals

28

0.819 173.5 173.0 -1.1 0.8 -0.4 1.1 -0.3

Organic chemicals

29

3.038 154.6 142.6 -12.7 -2.2 -1.7 -3.8 -7.8

Pharmaceutical products

30

2.582 114.5 112.9 -4.2 -0.9 -0.7 0.8 -1.4

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.750 133.0 136.4 0.5 0.0 -0.2 0.0 2.6

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

34

0.479 116.8 116.8 -3.8 0.3 -1.0 -0.1 0.0

Miscellaneous chemical products

38

1.871 154.0 151.5 -3.7 0.2 -0.2 0.7 -1.6

Plastics and articles thereof; rubber and articles thereof

VII

5.231 148.6 146.8 -1.7 -0.1 -1.0 -0.5 -1.2

Plastics and articles thereof

39

4.271 144.1 142.2 -1.3 0.0 -0.8 -0.6 -1.3

Rubber and articles thereof

40

0.960 167.3 166.1 -3.6 -0.1 -1.7 -0.7 -0.7

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

VIII

0.446 153.0 149.8 -1.3 -0.9 -1.3 -3.0 -2.1

Raw hides and skins other than furskins and leather (Dec.2014=100)

41

0.280 100.0 97.1 - - - - -2.9

Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100)

IX

0.617 100.0 101.0 - - - - 1.0

Woodpulp, recovered paper, and paper products

X

2.223 126.0 124.8 1.1 0.4 -0.2 0.3 -1.0

Woodpulp and recovered paper

47

0.634 129.7 127.3 -0.2 -0.5 -0.2 0.5 -1.9

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

48

1.190 124.9 124.0 1.6 0.9 -0.2 0.2 -0.7

Printed material (Dec. 2014=100)

49

0.399 100.0 100.3 - - - - 0.3

Textile and textile articles

XI

1.769 124.6 123.6 -8.4 -1.2 -1.2 -1.0 -0.8

Cotton, including yarns and woven fabrics thereof

52

0.453 121.4 119.6 -20.8 -2.5 -2.7 -2.6 -1.5

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

XIII

0.786 120.3 122.6 3.3 -0.1 0.1 0.2 1.9

Glass and glassware

70

0.411 98.9 99.7 2.0 -0.2 0.1 0.4 0.8

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

XIV

4.684 236.7 236.2 -1.1 -2.6 -2.4 0.4 -0.2

Base metals and articles of base metals

XV

5.296 159.9 158.0 -5.3 -0.6 -0.9 -0.7 -1.2

Iron and steel

72

1.296 178.9 178.8 -6.1 2.5 -3.2 -2.5 -0.1

Copper and articles thereof

74

0.533 201.8 194.2 -18.6 -8.4 0.2 -2.3 -3.8

Aluminum and articles thereof

76

0.918 124.7 120.7 0.1 -1.2 0.1 0.1 -3.2

Miscellaneous articles of base metal

83

0.322 147.1 147.7 0.6 0.0 0.0 0.0 0.4

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

XVI

28.220 97.2 97.3 0.3 0.0 -0.1 0.0 0.1

Machinery and mechanical appliances; parts thereof

84

16.903 113.1 113.4 1.4 0.4 0.0 -0.2 0.3

Electrical machinery and equipment and parts and accessories thereof

85

11.317 79.9 79.8 -1.4 -0.6 -0.1 0.1 -0.1

Vehicles, aircraft, vessels and associated transport equipment

XVII

14.099 130.2 130.4 1.0 0.1 0.0 0.1 0.2

Motor vehicles and their parts

87

8.819 115.2 115.1 0.3 0.2 -0.1 0.0 -0.1

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

XVIII

6.043 107.6 107.4 0.0 -0.2 -0.2 0.0 -0.2

Miscellaneous manufactured articles

XX

1.440 110.8 110.9 0.5 0.5 -0.4 0.1 0.1

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.816 122.5 122.7 1.0 1.0 -0.7 0.1 0.2

Toys, games and sports equipment; parts and accessories thereof

95

0.466 89.6 89.7 0.0 0.1 0.0 0.0 0.1

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


Table 7. U.S. import price indexes and percent changes by locality of origin: January 2014 to January 2015
[2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

Industrialized Countries(2)

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

Nonmanufactured articles

10.008 181.2 156.9 -30.8 -4.5 -7.5 -10.4 -13.4

Manufactured articles

89.476 121.9 120.4 -2.3 -0.4 -0.3 -0.3 -1.2

Other Countries(3)

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

Nonmanufactured articles

13.211 252.7 217.0 -35.7 -5.5 -9.0 -10.4 -14.1

Manufactured articles

86.577 108.1 106.9 -2.7 -0.5 -0.5 -0.3 -1.1

Canada

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

Nonmanufactured articles

26.759 174.2 150.6 -31.3 -4.6 -7.5 -10.9 -13.5

Manufactured articles

72.448 132.5 130.5 -3.6 -0.4 -1.0 -0.7 -1.5

European Union(4)

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

Manufactured articles

99.307 133.4 132.1 -1.3 -0.3 0.5 -0.4 -1.0

France (Dec. 2003=100)

100.000 122.8 123.2 0.3 0.2 -0.1 -0.3 0.3

Germany (Dec. 2003=100)

100.000 118.0 117.9 -0.5 0.5 -0.4 -0.4 -0.1

United Kingdom (Dec. 2003=100)

100.000 127.3 126.0 -2.7 -0.8 -2.8 0.1 -1.0

Latin America(5)

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

Nonmanufactured articles

20.665 264.3 229.2 -36.0 -4.6 -8.7 -11.5 -13.3

Manufactured articles

78.965 127.8 126.2 -3.7 -0.6 -0.3 -0.6 -1.3

Mexico (Dec. 2003=100)

100.000 134.9 132.1 -6.4 -1.1 -1.2 -1.7 -2.1

Nonmanufactured articles (Dec. 2008=100)

11.690 146.7 126.0 -34.0 -4.0 -7.7 -11.0 -14.1

Manufactured articles (Dec. 2008=100)

88.025 92.3 91.8 -1.3 -0.4 0.0 -0.1 -0.5

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

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

China (Dec. 2003=100)

100.000 103.7 103.4 -0.3 0.0 0.0 0.0 -0.3

Japan

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

Asian NICs(7)

100.000 88.3 88.1 -1.7 -0.1 -0.2 -0.3 -0.2

ASEAN (Dec. 2003=100)(8)

100.000 101.7 100.6 -3.9 0.2 -0.5 0.0 -1.1

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

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

Footnotes
(1) Relative importance figures are based on 2013 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
(3) Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
(4) European Union countries.
(5) Mexico, Central America, South America and the Caribbean.
(6) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines and the Asian Newly Industrialized Countries.
(7) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea and Taiwan.
(8) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
(9) Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

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


Table 8. U.S. international price indexes and percent changes for selected transportation services: January 2014 to January 2015
[2000=100, unless otherwise noted]
Description Relative
import-
ance
Dec.
2014(1)
Index Percent change
Dec.
2014
Jan.
2015
Annual Monthly
Jan.
2014
to
Jan.
2015
Sept.
2014
to
Oct.
2014
Oct.
2014
to
Nov.
2014
Nov.
2014
to
Dec.
2014
Dec.
2014
to
Jan.
2015

Air Freight

Import Air Freight

100.000 167.1 167.3 -5.6 -1.4 -1.3 -1.7 0.1

Europe (Dec. 2003=100)

27.659 166.6 162.0 -11.2 -1.9 -1.4 -2.3 -2.8

Asia

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

Export Air Freight

100.000 155.8 160.5 6.4 -0.4 -0.2 -1.7 3.0

Europe (Dec. 2006=100)

34.802 141.1 147.4 8.9 0.0 -0.1 -1.3 4.5

Inbound Air Freight

100.000 158.7 160.4 -2.3 -0.9 -0.7 -1.9 1.1

Europe (Dec. 2003=100)

27.132 150.2 148.3 -7.3 -1.3 -1.4 -2.0 -1.3

Asia

59.725 142.1 145.1 -0.5 -0.7 -0.7 -2.1 2.1

Outbound Air Freight

100.000 152.2 151.2 2.2 0.0 -0.2 -0.3 -0.7

Europe (Dec. 2003=100)

33.074 172.1 170.6 2.9 0.1 0.0 0.0 -0.9

Asia

44.068 143.8 141.9 1.1 0.0 -0.2 -0.6 -1.3

Air Passenger Fares

Import Air Passenger Fares

100.000 215.7 201.1 2.3 2.4 1.0 7.9 -6.8

Europe

43.188 228.3 235.4 8.6 2.3 2.8 0.8 3.1

Asia

26.295 172.3 147.5 -6.9 1.4 -0.9 16.2 -14.4

Latin America/Caribbean

10.095 186.2 165.3 -1.7 4.5 -1.6 10.6 -11.2

Export Air Passenger Fares

100.000 187.6 189.7 -3.8 -3.0 -5.0 7.8 1.1

Europe

28.829 228.4 211.9 0.8 -1.1 -6.4 5.4 -7.2

Asia

27.899 163.0 167.3 -8.2 -3.3 0.8 7.0 2.6

Latin America/Caribbean

23.440 197.9 195.9 -9.2 0.2 -1.9 9.5 -1.0

Footnotes
(1) Relative importance figures are based on 2013 trade values.

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


                                            TECHNICAL NOTE


Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres 
formula and are not seasonally adjusted.  Price indexes are reweighted annually, with a two-year lag in 
the weights.  Published series use a base year of 2000=100 where possible.  More detailed index series 
and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101.

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

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

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

Services Price Indexes -- Starting in September 2008 the Import Air Passenger Fares Indexes represent 
changes in the average revenue per passenger received by foreign carriers from U.S. residents and are 
calculated from data obtained from an airline consulting service.  These data include tickets sold by 
travel agencies and travel websites.  Tickets sold directly by the airlines are excluded, as are frequent 
flyer tickets generally.  Starting in January 2008 the Export Air Passenger Fares Indexes represent 
changes in the average revenue per passenger received by U.S. carriers from foreign residents and are 
calculated from data collected directly from airlines. These data include frequent flyer tickets and those 
sold by consolidators. Taxes and fees are included in the Import Air Passenger Fares Index and 
excluded from the Export Air Passenger Fares Index. The Air Freight Indexes are calculated from data 
collected directly from airlines. These data exclude mail and passenger baggage. The scope of the service 
being priced is the movement of freight from airport to airport only, and does not include any ground 
transportation or port service. The Air Freight Indexes are presented using two definitions: Balance of 
Payments (which represent transactions between U.S. and foreign residents) and International (which 
represent transactions inbound to and outbound from the U.S.). Fact sheets specifying detailed 
information for each services industry are available at http://www.bls.gov/mxp under "MXP 
Publications."

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected 
for the Import Price Indexes.  Beginning with January 2002, the indexes are defined by locality of origin 
using a nomenclature based upon the North American Industry Classification System (NAICS).  
Nonmanufactured goods are defined as NAICS 11 and 21 and manufactured goods are defined as 
NAICS 31-33. 

Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the three months after original publication.  After three months, no further 
data revisions take place.  So, for example, data released in the January release will be subject to revision 
in the releases for February, March, and April.

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

E-Mail Subscription -- The U.S. Import and Export Price Indexes news release is available through an 
e-mail subscription service at (http://www.bls.gov/bls/list.htm).

Additional Information -- More detailed data are available on the Import/Export Price Indexes home 
page at (http://www.bls.gov/mxp). For technical assistance in using the BLS Internet site, send e-mail to 
(labstat.helpdesk@bls.gov).  For Import/Export Price Index data requests, send e-mail to 
(mxpinfo@bls.gov). 

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

Last Modified Date: February 13, 2015
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