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Economic News Release
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U.S. Import and Export Price Indexes News Release

Transmission of material in this release is embargoed until 					USDL-22-0467
8:30 a.m. (ET) Wednesday, March 16, 2022

Technical information: (202) 691-7101 * MXPinfo@bls.gov * www.bls.gov/mxp
Media contact:	       (202) 691-5902 * PressOffice@bls.gov


			  U.S. IMPORT AND EXPORT PRICE INDEXES - FEBRUARY 2022

U.S. import prices rose 1.4 percent in February, after advancing 1.9 percent in January, the U.S. Bureau of 
Labor Statistics reported today. Higher fuel and nonfuel prices drove the increases in both months. Prices 
for U.S. exports advanced 3.0 percent in February following a 2.8-percent rise the previous month. //XIMPIM Test 05022022//  


Imports 

The price index for U.S. imports increased 1.4 percent in February following a 1.9-percent advance in 
January and a 0.4-percent decline in December. U.S. import prices rose 10.9 percent over the past 12 
months. (See table 1.)

Fuel Imports: Import fuel prices advanced 6.9 percent in February, after increasing 7.7 percent the previous 
month. Higher petroleum prices more than offset a decrease in natural gas prices. Prices for import fuel rose 
53.0 percent for the year ended in February. The price index for import petroleum increased 8.1 percent in 
February following a 7.9-percent rise in January. The February advance was the largest monthly increase for 
the index since October 2021. Import petroleum prices increased 52.8 percent over the past year. In contrast, 
natural gas prices declined 10.0 percent in February, after rising 6.8 percent in January and decreasing 10.5 
percent in December. Despite recent drops, the index advanced 61.6 percent from February 2021 to 
February 2022.

All Imports Excluding Fuel: Prices for nonfuel imports increased 0.8 percent in February following a 1.3-
percent rise the previous month. Nonfuel import prices have not recorded a monthly decline since 
November 2020. Higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; 
capital goods; consumer goods; and automotive vehicles all contributed to the February advance in nonfuel 
import prices. The price index for nonfuel imports increased 7.2 percent over the past 12 months, the largest 
over-the-year advance since 12-month percent changes were first published in December 2002.          

Foods, Feeds, and Beverages: Import foods, feeds, and beverages prices rose 1.5 percent in February, after 
increasing 3.5 percent in January. The February advance was led by higher prices for fruit, fish and 
shellfish, and meat, which more than offset lower vegetable prices. 

Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials 
rose 2.2 percent in February following a 3.2-percent increase the previous month. Higher prices for 
nonferrous metals, finished metals, selected building materials, and chemicals all contributed to the 
February advance.            

Finished Goods: Prices for each of the major finished goods categories increased in February. Consumer 
goods prices rose 0.3 percent, after advancing 0.4 percent in January. Prices for capital goods increased 0.3 
percent following a 0.8-percent rise the previous month. The February advance was driven by a 0.6-percent 
increase in computer, peripheral, and semiconductor prices. The price index for automotive vehicles 
advanced 0.2 percent for the second consecutive month in February.  

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

2021

February

1.2 10.9 0.4 1.6 2.7 1.5

March

1.5 8.0 0.9 2.5 2.4 2.5

April

0.9 1.9 0.8 1.2 0.7 1.2

May

1.3 5.2 0.9 2.3 6.1 1.8

June

1.1 4.9 0.7 1.2 1.4 1.1

July

0.3 2.9 0.0 1.1 -1.7 1.3

August

-0.2 -2.2 0.0 0.2 0.9 0.1

September

0.4 3.6 0.1 0.3 -1.5 0.5

October

1.5 11.1 0.5 1.9 1.1 2.0

November

0.7 2.5 0.6 0.7 1.1 0.6

December

-0.4 (r)-7.7 0.5 -1.6 0.7 -1.9

2022

January

(r)1.9 (r)7.7 (r)1.3 (r)2.8 (r)2.9 (r)2.8

February

1.4 6.9 0.8 3.0 3.0 3.0

Feb. 2020 to 2021

3.0 6.4 2.8 5.4 15.9 4.3

Feb. 2021 to 2022

10.9 53.0 7.2 16.6 18.2 16.3

Footnotes
(r) Revised


Exports 

U.S. export prices rose 3.0 percent in February, after a 2.8-percent advance the previous month. The 
February increase was the largest monthly rise since 1-month percent changes were first published in 
January 1989. Higher prices for both agricultural and nonagricultural exports in February contributed to the 
overall advance in U.S. export prices. Prices for U.S. exports increased 16.6 percent for the year ended in 
February. (See table 2.)

Agricultural Exports: Prices for agricultural exports increased 3.0 percent in February following a 2.9-
percent rise in January. In February, higher prices for soybeans, corn, and cotton more than offset lower nut 
prices. The price index for agricultural exports increased 18.2 percent over the past year.                       

All Exports Excluding Agriculture: The price index for nonagricultural exports rose 3.0 percent in 
February, after increasing 2.8 percent in January. The February and January advances were the largest 
increases since monthly percent changes were first published in January 1989. For both months, higher 
prices for nonagricultural industrial supplies and materials; capital goods; consumer goods; automotive 
vehicles; and nonagricultural foods all contributed to the increases in nonagricultural export prices. 
Nonagricultural prices rose 16.3 percent from February 2021 to February 2022.                

Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and 
materials advanced 5.9 percent in February following a 5.2-percent increase the previous month. In 
February, an 11.5-percent rise in fuel prices led the advance in nonagricultural industrial supplies and 
materials prices and was the largest 1-month increase since the index rose 23.7 percent in June 2020.         

Finished Goods: Prices for each of the major finished goods categories advanced in February. The price 
index for capital goods rose 0.4 percent, after increasing 0.8 percent in January. Higher prices for industrial 
service machinery and computers, peripherals, and semiconductors drove the February advance. Prices for 
consumer goods and automotive vehicles also rose in February, increasing 0.7 percent and 0.3 percent, 
respectively. 

More information for the major import and export price indexes can be found at 
www.bls.gov/web/ximpim/largest.htm.  

Measures of Import and Export Prices by Locality

Imports by Locality of Origin: Prices for imports from China ticked up 0.1 percent in February, after 
rising 1.4 percent from October to January. Import prices from China have not recorded a monthly decline 
since October 2020. The price index for imports from China increased 4.6 percent for the year ended in 
February. Prices for imports from Japan rose 0.1 percent in February and 1.7 percent over the past 12 
months. The last decrease for import prices from Japan was a 0.1-percent drop in July 2020. The price index 
for imports from Canada advanced 2.7 percent in February, after a 5.9-percent increase in January. Higher 
fuel prices led the advances in both months. Prices for imports from the European Union rose 1.2 percent in 
February and import prices from Mexico increased 0.6 percent over the same period. (See table 7.)

Exports by Locality of Destination: Export prices to China rose 2.7 percent in February, after a 2.6-
percent advance the previous month. The February increase was the largest 1-month rise for the price index 
for exports to China since a 3.6-percent advance in March 2021. Prices for exports to China rose 14.2 
percent from February 2021 to February 2022. Export prices to Japan increased 3.3 percent in February 
following a 4.0-percent advance the previous month. The price index for exports to Japan rose 14.9 percent 
over the past 12 months. Prices for exports to Canada advanced 2.5 percent in February, after a 3.8-percent 
increase in January. The price indexes for exports to the European Union and Mexico also rose in February, 
advancing 0.8 percent and 4.1 percent, respectively. (See table 8.)

Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure 
the change in the purchasing power of exports relative to imports. U.S. terms of trade with China increased 
2.6 percent in February following a 2.1-percent advance the previous month. In February, the rise in export 
prices to China more than offset the increase in import prices from China. The index for U.S. terms of trade 
with China advanced 9.2 percent over the past year. U.S. terms of trade with Japan rose 3.2 percent in 
February, after increasing 3.8 percent in January. U.S. terms of trade with Japan advanced 12.9 percent for 
the year ended in February. The index for U.S. terms of trade with Mexico rose 3.4 percent in February, the 
largest monthly increase since the index advanced 7.8 percent in May 2021. In contrast, U.S. terms of trade 
with Canada declined 0.2 percent in February and the U.S. terms of trade with the European Union 
decreased 0.5 percent. (See table 9.)

Import and Export Services

Imports: Import air passenger fares increased 6.1 percent in February following a 19.4-percent decline the 
previous month. In February, higher Asian and European fares led the overall advance in air passenger 
fares. Import air passenger fares declined 1.3 percent for the year ended in February. Import air freight 
prices decreased 7.8 percent in February, after rising 6.3 percent in January. Despite the February decline, 
prices for import air freight advanced 13.2 percent over the past year. (See table 10.)

Exports: The index for export air passenger fares fell 11.2 percent in February following increases of 7.7 
percent and 2.3 percent the 2 previous months. The February decline was the largest monthly drop since an 
11.6-percent decrease in February 2017. The February 2022 decline was driven by a 26.1-percent drop in 
Latin American/Caribbean fares. Despite the February decrease, overall export air passenger fares rose 1.0 
percent over the past 12 months. Prices for export air freight increased 3.8 percent in February, after 
advances of 1.7 percent in January and 4.7 percent in December. Export air freight prices have not recorded 
a monthly decline since July 2021. The price index for export air freight rose 13.9 percent from February 
2021 to February 2022, the largest 12-month increase since the index advanced 15.0 percent in October 
2011.      

U.S. Import and Export Price Index data for March 2022 are scheduled for release on Thursday, April 14, 
2022 at 8:30 a.m. (ET).


Table 1. U.S. import price indexes and percent changes for selected categories of goods: February 2021 to February 2022 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

All commodities

  100.000 140.0 141.9 10.9 0.7 -0.4 1.9 1.4

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

  83.131 108.0 108.7 6.5 0.6 0.5 1.1 0.6

All imports excluding petroleum

  91.019 123.6 124.5 7.6 0.7 0.4 1.3 0.7

All imports excluding fuels (Dec. 2001=100)

  90.194 127.1 128.1 7.2 0.6 0.5 1.3 0.8

Foods, feeds, & beverages

0

7.063 207.6 210.8 16.0 -0.1 0.4 3.5 1.5

Agricultural foods, feeds & beverages, excluding distilled beverages

00

5.610 225.1 228.2 15.4 -0.3 0.6 4.0 1.4

Nonagricultural foods (fish, distilled beverages)

01

1.453 168.3 172.1 17.9 0.7 -0.4 1.5 2.3

Industrial supplies & materials

1

28.856 258.3 268.0 32.9 2.2 -2.1 4.7 3.8

Industrial supplies & materials excluding petroleum

  19.817 218.8 222.6 24.5 2.9 1.0 3.3 1.7

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

  18.767 241.2 246.4 22.8 2.0 1.8 3.2 2.2

Industrial supplies & materials, durable

  12.858 235.5 241.5 18.7 1.9 1.7 3.5 2.5

Industrial supplies & materials nondurable excluding petroleum

  7.017 197.6 198.1 33.7 4.5 0.1 2.9 0.3

Fuels & lubricants

10

9.806 293.7 313.9 53.0 2.5 -7.7 7.7 6.9

Petroleum & petroleum products

100

8.981 307.9 332.9 52.8 1.2 -7.7 7.9 8.1

Crude petroleum

10000

6.251 320.7 342.6 48.8 -0.1 -9.4 10.9 6.8

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

101

0.705 273.6 252.7 60.2 18.5 -8.8 5.6 -7.6

Natural gas

10110

0.582 267.3 240.6 61.6 22.5 -10.5 6.8 -10.0

Paper & paper base stocks

11

0.483 124.3 127.7 15.9 -2.6 0.0 -0.2 2.7

Materials associated with nondurable supplies & materials

12

5.709 211.9 214.5 31.9 2.7 2.0 2.9 1.2

Selected building materials

13

2.178 229.3 235.8 17.9 1.8 7.9 14.8 2.8

Unfinished metals related to durable goods

14

5.572 360.8 372.0 19.9 2.7 -0.1 1.6 3.1

Finished metals related to durable goods

15

3.370 212.3 218.3 27.8 1.7 1.0 1.6 2.8

Nonmetals related to durable goods

16

1.739 124.2 124.2 8.8 0.4 1.2 0.7 0.0

Capital goods

2

25.885 91.2 91.5 3.2 0.2 0.1 0.8 0.3

Electric generating equipment

20

3.194 124.5 124.9 3.0 0.0 0.2 1.2 0.3

Nonelectrical machinery

21

21.065 82.9 83.2 3.2 0.2 0.0 0.7 0.4

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

22

1.626 141.6 140.7 2.1 0.4 0.1 1.7 -0.6

Automotive vehicles, parts & engines

3

12.537 114.1 114.3 2.5 0.2 0.1 0.2 0.2

Consumer goods, excluding automotives

4

25.659 109.8 110.1 2.9 0.3 0.5 0.4 0.3

Nondurables, manufactured

40

13.047 125.0 125.3 1.0 0.2 0.2 0.0 0.2

Durables, manufactured

41

11.875 94.9 95.0 4.3 0.2 0.5 0.6 0.1

Nonmanufactured consumer goods

42

0.737 129.6 132.5 12.8 2.5 1.9 2.8 2.2

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 2. U.S. export price indexes and percent changes for selected categories of goods: February 2021 to February 2022 [2000=100, unless otherwise noted]
Description End
Use
Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

All commodities

  100.000 148.2 152.7 16.6 0.7 -1.6 2.8 3.0

Agricultural commodities

  12.189 238.0 245.1 18.2 1.1 0.7 2.9 3.0

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

  70.379 112.7 113.6 7.9 0.5 0.3 0.8 0.8

Nonagricultural commodities

  87.811 141.5 145.7 16.3 0.6 -1.9 2.8 3.0

Foods, feeds, & beverages

0

11.133 240.6 247.7 17.7 0.5 0.3 3.2 3.0

Agricultural foods, feeds & beverages, excluding distilled beverages

00

10.648 241.1 248.1 17.8 0.6 0.4 3.3 2.9

Nonagricultural foods (fish, distilled beverages)

01

0.485 235.6 244.4 16.9 0.1 -1.0 1.2 3.7

Industrial supplies & materials

1

42.063 210.4 222.6 35.2 1.3 -4.4 5.0 5.8

Industrial supplies & materials, durable

  10.881 217.8 222.5 13.6 2.0 -0.6 1.7 2.2

Industrial supplies & materials, nondurable

  31.183 204.7 219.3 44.8 1.0 -5.8 6.2 7.1

Agricultural industrial supplies & materials

10

1.514 227.0 234.7 21.6 4.9 2.5 0.8 3.4

Nonagricultural industrial supplies & materials

  40.549 209.9 222.3 35.7 1.1 -4.6 5.2 5.9

Fuels & lubricants

11

18.488 254.7 284.0 65.7 1.6 -10.8 10.7 11.5

Nonagricultural supplies & materials excluding fuels & building materials

12

21.157 204.3 206.6 17.1 0.8 0.1 1.0 1.1

Selected building materials

13

0.904 157.9 161.8 15.3 -0.2 -0.2 1.3 2.5

Capital goods

2

28.812 116.2 116.7 4.1 0.3 0.2 0.8 0.4

Electrical generating equipment

20

3.220 129.9 130.2 8.3 0.6 0.5 1.4 0.2

Nonelectrical machinery

21

20.901 98.4 98.7 4.0 0.2 0.3 0.7 0.3

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

22

4.691 192.9 193.9 2.3 -0.1 0.2 0.6 0.5

Automotive vehicles, parts & engines

3

7.545 117.4 117.8 2.4 0.2 0.2 0.5 0.3

Consumer goods, excluding automotives

4

10.447 114.5 115.3 4.8 0.5 0.4 1.1 0.7

Nondurables, manufactured

40

5.624 110.6 110.4 2.1 0.3 0.1 0.5 -0.2

Durables, manufactured

41

3.957 111.3 111.6 3.6 0.4 0.0 1.5 0.3

Nonmanufactured consumer goods (Dec. 2018=100)

42

0.865 111.2 119.8 26.8 2.2 2.7 3.5 7.7

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 3. U.S. import price indexes and percent changes for selected industries: February 2021 to February 2022 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Nonmanufacturing

  9.509 155.2 162.2 43.3 1.7 -7.2 9.3 4.5

Agriculture, forestry, fishing and hunting

11

2.325 217.7 222.9 24.6 0.2 0.8 7.3 2.4

Crop production

111

1.935 233.3 235.6 24.1 0.4 1.2 8.9 1.0

Mining

21

7.185 152.7 160.7 49.8 2.0 -9.2 9.9 5.2

Oil and gas extraction

211

6.917 151.9 160.2 50.6 2.1 -9.8 10.3 5.5

Manufacturing

  90.115 121.8 123.0 8.3 0.7 0.3 1.2 1.0

Manufacturing, part 1

31

11.226 136.1 137.1 7.8 0.4 0.3 1.0 0.7

Food manufacturing

311

4.145 181.9 184.8 15.9 0.0 0.1 1.9 1.6

Beverage and tobacco product manufacturing

312

1.087 132.4 132.9 1.3 0.1 -0.1 -0.3 0.4

Textile mills (Dec. 2011=100)

313

0.406 124.0 124.1 21.5 5.5 5.1 2.3 0.1

Textile product mills

314

1.514 112.6 113.1 5.8 0.5 0.6 0.4 0.4

Apparel manufacturing

315

2.898 115.7 115.9 2.7 0.5 0.2 0.9 0.2

Leather and allied product manufacturing

316

1.176 127.2 127.8 3.4 0.2 0.5 -1.1 0.5

Manufacturing, part 2

32

20.842 148.5 151.5 17.8 1.4 0.7 2.6 2.0

Wood product manufacturing (Dec. 2019=100)

321

1.488 211.0 217.2 23.7 3.1 13.1 25.5 2.9

Paper manufacturing

322

0.943 115.5 118.0 9.9 -2.7 0.0 -0.3 2.2

Petroleum and coal products manufacturing

324

2.442 127.8 141.9 62.4 4.2 -3.5 2.1 11.0

Chemical manufacturing

325

12.400 158.7 159.6 13.4 1.2 0.8 1.4 0.6

Plastics and rubber products manufacturing

326

2.474 129.4 129.5 4.6 0.5 0.2 0.3 0.1

Nonmetallic mineral product manufacturing

327

0.927 138.7 139.8 6.4 0.7 0.9 0.4 0.8

Manufacturing, part 3

33

58.048 111.1 111.8 5.3 0.5 0.3 0.8 0.6

Primary metal manufacturing

331

7.138 235.1 243.8 21.4 2.4 -0.1 1.8 3.7

Fabricated metal product manufacturing

332

3.167 147.1 147.8 13.3 1.1 0.7 0.8 0.5

Machinery manufacturing

333

6.782 124.8 125.0 3.4 0.2 0.1 0.8 0.2

Computer and electronic product manufacturing

334

15.969 73.4 73.7 2.6 0.1 -0.3 0.4 0.4

Electrical equipment, appliance, and component manufacturing

335

5.332 124.7 125.0 6.4 0.4 0.7 1.7 0.2

Transportation equipment manufacturing

336

13.030 113.3 113.4 2.3 0.2 0.1 0.4 0.1

Furniture and related product manufacturing

337

1.799 124.1 126.3 8.8 0.5 2.0 0.5 1.8

Miscellaneous manufacturing

339

4.829 123.6 123.3 2.7 0.6 1.2 0.9 -0.2

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 4. U.S. export price indexes and percent changes for selected industries: February 2021 to February 2022 [December 2005=100, unless otherwise noted]
Description NAICS Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Nonmanufacturing

  18.635 198.0 214.3 47.1 1.9 -6.7 7.7 8.2

Agriculture, forestry, fishing and hunting

11

6.683 214.3 224.8 20.3 2.2 1.2 4.4 4.9

Crop production

111

6.309 226.5 237.4 20.4 2.5 1.4 4.7 4.8

Mining

21

11.951 125.3 138.0 67.3 1.8 -10.8 9.6 10.1

Oil and gas extraction (Dec. 2021=100)

211

10.580 111.9 124.4 - - - 11.9 11.2

Mining (except oil and gas)

212

1.372 149.9 152.4 55.7 20.1 0.8 -4.9 1.7

Manufacturing

  79.418 130.7 133.0 11.5 0.4 -0.5 1.9 1.8

Manufacturing, part 1

31

7.009 168.0 169.9 14.7 0.1 0.1 1.6 1.1

Food manufacturing

311

5.285 197.1 199.4 18.8 0.1 -0.3 1.4 1.2

Beverage and tobacco product manufacturing

312

0.538 137.5 138.8 0.7 1.6 1.3 0.4 0.9

Manufacturing, part 2

32

26.198 137.5 142.6 24.2 0.5 -2.3 3.4 3.7

Wood product manufacturing (Dec. 2017=100)

321

0.522 137.4 138.2 20.3 0.1 0.2 0.7 0.6

Paper manufacturing

322

1.547 139.7 142.6 16.3 -0.4 0.3 2.0 2.1

Petroleum and coal products manufacturing

324

6.714 142.4 161.8 62.4 1.6 -9.9 12.1 13.6

Chemical manufacturing

325

14.538 140.8 140.6 14.4 0.2 0.6 0.5 -0.1

Plastics and rubber products manufacturing

326

2.057 127.5 127.7 9.7 0.7 0.6 0.6 0.2

Nonmetallic mineral product manufacturing

327

0.662 121.0 127.4 3.5 -1.6 -1.2 0.6 5.3

Manufacturing, part 3

33

46.211 123.8 124.7 5.4 0.5 0.2 1.1 0.7

Primary metal manufacturing

331

4.431 217.3 223.0 16.8 1.9 -0.5 2.4 2.6

Fabricated metal product manufacturing

332

2.536 166.1 166.7 8.2 0.8 0.6 3.0 0.4

Machinery manufacturing

333

8.138 137.9 138.5 5.7 0.6 0.4 1.0 0.4

Computer and electronic product manufacturing

334

12.188 83.7 84.0 3.1 0.0 0.2 0.6 0.4

Electrical equipment, appliance, and component manufacturing

335

3.237 127.2 127.7 8.0 0.9 0.4 2.2 0.4

Transportation equipment manufacturing

336

11.265 134.5 134.8 2.3 0.1 0.1 0.6 0.2

Miscellaneous manufacturing

339

4.103 126.6 128.8 7.4 0.6 0.8 1.2 1.7

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 5. U.S. import price indexes and percent changes for selected categories of goods: February 2021 to February 2022 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
importance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Live animals; animal products

I

1.537 232.6 242.5 21.9 -0.8 -0.4 0.8 4.3

Meat and edible meat offal

02

0.460 336.5 352.5 22.1 -4.9 -1.4 -0.4 4.8

Fish and crustaceans, molluscs and other aquatic invertebrates

03

0.804 165.1 171.5 27.4 0.9 -0.2 2.8 3.9

Vegetable products

II

2.338 254.5 257.3 22.2 0.6 0.8 9.3 1.1

Edible vegetables, roots, and tubers

07

0.498 487.9 444.1 3.8 -2.5 -5.8 25.4 -9.0

Edible fruit and nuts; peel of citrus fruit or melons

08

0.875 130.4 138.1 26.3 -3.3 5.1 7.9 5.9

Coffee, tea, mate and spices

09

0.431 301.5 310.3 38.3 6.5 2.9 1.2 2.9

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

III

0.429 147.8 152.8 40.3 -1.1 0.0 -0.3 3.4

Prepared foodstuffs, beverages, and tobacco

IV

3.195 183.2 183.6 6.8 0.8 0.2 1.2 0.2

Sugars and sugar confectionary (Dec. 2021=100)

17

0.211 102.6 102.6 - - - 2.6 0.0

Cocoa and cocoa preparations (Dec. 2009=100)

18

0.202 102.0 103.4 3.6 0.5 -0.6 2.2 1.4

Beverages, spirits, and vinegar

22

1.059 145.0 145.5 1.4 0.8 -0.5 -1.0 0.3

Mineral products

V

9.785 300.2 320.1 53.8 2.3 -7.4 7.7 6.6

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

27

9.414 293.8 314.0 54.2 2.4 -7.8 8.1 6.9

Products of the chemical or allied industries

VI

11.498 176.6 177.7 12.3 1.2 1.2 1.0 0.6

Inorganic chemicals

28

0.753 525.4 532.0 75.1 9.5 9.6 3.1 1.3

Organic chemicals

29

2.681 149.1 149.1 16.1 0.8 0.9 1.5 0.0

Pharmaceutical products

30

5.390 150.1 150.5 -1.4 0.0 0.1 -0.6 0.3

Miscellaneous chemical products

38

0.826 116.7 116.7 8.1 0.3 1.0 0.5 0.0

Plastics and articles thereof; rubber and articles thereof

VII

3.832 159.7 159.1 5.7 0.4 0.5 0.6 -0.4

Plastics and articles thereof

39

2.699 165.1 164.6 9.1 0.5 0.4 0.8 -0.3

Rubber and articles thereof

40

1.133 151.4 150.8 -0.9 0.2 0.9 0.0 -0.4

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

42

0.419 140.7 141.2 7.3 0.4 0.8 0.9 0.4

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

IX

1.541 311.6 322.1 26.8 3.1 12.7 26.4 3.4

Wood and articles of wood; wood charcoal (Dec. 2019=100)

44

1.504 219.1 226.7 27.7 3.3 13.1 27.2 3.5

Woodpulp, recovered paper, and paper products

X

0.917 120.8 124.8 11.1 -3.0 0.3 -0.3 3.3

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

48

0.608 110.8 116.8 11.6 -2.5 0.1 2.2 5.4

Textile and textile articles

XI

4.667 119.8 120.1 4.9 0.9 0.6 1.0 0.3

Articles of apparel and clothing accessories, not knitted or crocheted

62

1.322 123.9 124.2 1.8 0.3 0.2 0.2 0.2

Made-up or worn textile articles

63

1.297 106.9 107.4 7.4 0.5 0.4 0.5 0.5

Headgear, umbrellas, artificial flowers, etc.

XII

1.020 125.4 126.0 2.0 -0.1 0.5 -1.6 0.5

Footwear and parts of such articles

64

0.841 123.2 123.7 1.6 0.2 0.5 -2.1 0.4

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

XIII

0.797 132.1 133.3 1.6 0.2 0.0 0.1 0.9

Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100)

68

0.294 99.4 100.4 2.1 0.5 0.1 0.1 1.0

Glass and glassware (Dec. 2021=100)

70

0.274 99.8 101.3 - - - -0.2 1.5

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

XIV

4.622 230.6 238.1 1.8 2.8 -0.3 1.8 3.3

Base metals and articles of base metals

XV

6.096 239.1 242.7 27.2 2.2 1.2 2.2 1.5

Iron and steel

72

1.133 312.2 313.4 30.7 2.8 1.3 -0.1 0.4

Articles of iron or steel

73

1.859 202.1 203.1 32.8 3.1 1.1 3.6 0.5

Copper and articles thereof

74

0.528 417.6 420.0 16.9 1.8 0.4 1.8 0.6

Aluminum and articles thereof

76

1.118 198.0 205.8 35.0 0.3 1.2 2.7 3.9

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

82

0.410 126.9 127.6 3.6 0.6 -0.1 -0.1 0.6

Miscellaneous articles of base metal

83

0.520 147.2 147.5 8.2 0.7 0.1 1.2 0.2

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

XVI

28.288 81.8 81.9 3.3 0.2 0.0 0.7 0.1

Machinery and mechanical appliances; parts thereof

84

14.525 88.1 88.2 3.4 0.2 -0.1 0.9 0.1

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

85

13.764 75.8 76.0 3.1 0.1 0.1 0.5 0.3

Vehicles, aircraft, vessels and associated transport equipment

XVII

10.961 117.5 117.7 2.0 0.2 0.2 0.1 0.2

Motor vehicles and their parts

87

10.176 116.8 117.0 2.1 0.2 0.1 0.1 0.2

Aircraft, spacecraft, and parts thereof (Dec. 2020=100)

88

0.693 101.7 101.8 1.5 0.7 0.0 0.8 0.1

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

XVIII

3.744 103.1 103.4 0.8 -0.3 0.1 0.9 0.3

Optical, photographic, measuring and medical instruments

90

3.527 98.9 99.2 0.6 -0.3 0.0 0.8 0.3

Miscellaneous manufactured articles

XX

4.197 116.5 117.6 5.9 0.4 1.1 0.5 0.9

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

94

2.550 124.6 126.3 7.5 0.5 1.5 0.5 1.4

Toys, games and sports equipment; parts and accessories thereof

95

1.387 103.0 103.0 2.5 0.3 0.2 0.3 0.0

Miscellaneous manufactured articles

96

0.259 133.8 137.2 7.6 -0.7 1.5 2.3 2.5

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 6. U.S. export price indexes and percent changes for selected categories of goods: February 2021 to February 2022 [2000=100, unless otherwise noted]
Description Harmo-
nized
system
Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Live animals; animal products

I

2.359 277.3 282.3 27.8 0.4 -0.5 0.3 1.8

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

02

1.504 226.5 231.7 31.4 0.9 -1.6 -0.4 2.3

Vegetable products

II

6.145 274.8 286.6 16.6 1.6 1.2 5.0 4.3

Edible fruit and nuts; peel of citrus fruit or melons

08

1.007 148.1 143.6 2.7 1.4 0.6 -1.3 -3.0

Cereals

10

1.867 308.8 315.3 21.9 4.3 1.2 1.9 2.1

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

12

2.702 288.2 314.8 15.0 -0.3 1.7 9.6 9.2

Prepared foodstuffs, beverages, and tobacco

IV

2.983 175.5 176.4 7.4 0.4 -0.2 2.5 0.5

Miscellaneous edible preparations (Dec. 2017=100)

21

0.591 105.0 105.4 4.6 -0.2 0.1 1.5 0.4

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

22

0.484 109.9 109.9 -0.1 -0.1 -0.2 -0.1 0.0

Residues and waste from the food industries; prepared animal feed

23

0.905 306.5 310.6 12.8 1.7 -0.2 5.4 1.3

Mineral products

V

18.692 309.1 344.4 65.7 1.9 -10.2 10.5 11.4

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

26

0.607 144.6 146.2 29.0 7.7 -1.7 0.8 1.1

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

27

17.914 296.4 331.6 67.6 1.7 -10.7 10.9 11.9

Products of the chemical or allied industries

VI

11.734 160.7 161.6 14.1 1.3 0.4 1.3 0.6

Organic chemicals

29

2.739 186.3 190.9 19.6 1.5 -0.2 -0.2 2.5

Pharmaceutical products

30

3.283 108.8 108.1 -0.4 0.3 -0.1 0.3 -0.6

Essential oils and resinoids; perfumery cosmetic or toilet preparations

33

0.819 140.2 139.9 7.7 0.5 0.2 2.0 -0.2

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

34

0.440 131.2 131.3 4.5 3.8 -0.3 0.1 0.1

Miscellaneous chemical products

38

2.290 189.7 189.6 22.0 0.7 -0.5 2.8 -0.1

Plastics and articles thereof; rubber and articles thereof

VII

5.351 173.8 172.8 13.0 -1.6 0.9 -1.0 -0.6

Plastics and articles thereof

39

4.613 174.4 173.3 13.9 -1.9 1.1 -1.2 -0.6

Rubber and articles thereof

40

0.738 164.8 164.3 7.9 0.1 0.1 0.0 -0.3

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

IX

0.624 132.0 133.7 18.5 0.1 0.4 0.9 1.3

Woodpulp, recovered paper, and paper products

X

1.815 145.6 149.3 16.7 -1.8 -0.1 1.0 2.5

Woodpulp and recovered paper (Dec. 2019=100)

47

0.665 165.2 173.1 30.4 -5.7 -0.6 -0.7 4.8

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

48

0.937 138.6 140.7 11.8 0.8 0.1 2.6 1.5

Textile and textile articles

XI

1.699 146.2 150.0 20.3 3.0 1.6 2.8 2.6

Cotton, including yarns and woven fabrics thereof

52

0.682 182.3 191.7 42.8 8.5 2.8 4.6 5.2

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

XIII

0.638 132.6 139.4 3.5 -0.5 -0.5 1.3 5.1

Glass and glassware (Dec. 2019=100)

70

0.375 98.9 103.0 3.9 0.2 -0.1 0.0 4.1

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

XIV

3.925 310.5 325.6 5.3 1.0 0.4 0.1 4.9

Base metals and articles of base metals

XV

4.805 216.8 221.0 21.0 3.3 -1.3 3.7 1.9

Iron and steel (Dec. 2020=100)

72

1.395 176.7 181.7 41.7 6.1 0.4 4.6 2.8

Copper and articles thereof

74

0.605 281.7 283.9 25.5 1.4 -1.5 4.8 0.8

Aluminum and articles thereof

76

0.842 152.6 158.5 23.0 7.7 -8.5 2.8 3.9

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

XVI

23.866 101.8 102.2 4.0 0.3 0.2 0.9 0.4

Machinery and mechanical appliances; parts thereof

84

13.753 121.6 122.2 4.6 0.3 0.2 1.0 0.5

Electrical machinery and equipment and parts and accessories thereof

85

10.113 80.6 80.8 2.9 0.3 0.1 0.8 0.2

Vehicles, aircraft, vessels and associated transport equipment

XVII

8.357 143.7 144.0 3.4 0.2 0.2 0.6 0.2

Motor vehicles and their parts

87

6.275 120.8 121.0 3.2 0.3 0.1 0.6 0.2

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

XVIII

5.243 112.1 112.5 1.9 0.0 0.2 0.3 0.4

Miscellaneous manufactured articles

XX

1.083 123.9 123.9 6.4 0.9 0.3 2.0 0.0

Furniture; stuffed furnishings; lamps and lighting fittings nesoi;

94

0.576 143.3 143.3 4.4 1.3 0.8 0.8 0.0

Toys, games and sports equipment; parts and accessories thereof

95

0.362 98.9 98.9 11.1 0.4 0.0 4.8 0.0

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


Table 7. U.S. import price indexes and percent changes by locality of origin: February 2021 to February 2022 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Industrialized Countries(2)

100.000 145.0 147.5 11.2 1.0 -1.1 2.7 1.7

Nonmanufacturing

12.350 267.3 279.6 48.5 3.6 -10.6 8.4 4.6

Manufacturing

86.740 134.9 136.7 7.4 0.6 0.2 2.0 1.3

Canada

100.000 183.7 188.6 24.8 2.0 -3.0 5.9 2.7

Nonmanufacturing

32.688 265.5 277.7 50.0 3.8 -11.2 8.8 4.6

Manufacturing

66.089 165.0 167.9 16.1 1.0 0.6 4.9 1.8

European Union

100.000 147.9 149.7 5.2 0.2 0.1 0.7 1.2

Manufacturing

98.650 143.2 145.0 5.0 0.2 0.0 0.6 1.3

France (Dec. 2003=100)

100.000 138.0 139.3 4.7 0.6 -0.2 0.4 0.9

Germany (Dec. 2003=100)

100.000 122.2 123.1 5.4 0.5 0.1 2.6 0.7

United Kingdom (Dec. 2003=100)

100.000 133.2 134.3 5.6 0.7 0.4 1.7 0.8

Latin America(3)

100.000 165.6 166.8 12.0 0.6 -0.4 2.3 0.7

Nonmanufacturing

16.447 326.3 335.8 35.0 0.2 -4.4 8.1 2.9

Manufacturing

83.276 132.9 133.3 8.5 0.7 0.2 1.2 0.3

Mexico (Dec. 2003=100)

100.000 138.7 139.6 8.0 0.4 -0.7 2.2 0.6

Nonmanufacturing (Dec. 2008=100)

10.431 166.4 173.5 31.4 -1.2 -8.8 13.7 4.3

Manufacturing (Dec. 2008=100)

89.298 94.4 94.6 5.9 0.6 0.0 1.1 0.2

Pacific Rim (Dec. 2003=100)(4)

100.000 103.6 103.9 4.9 0.3 0.4 0.7 0.3

China (Dec. 2003=100)

100.000 103.9 104.0 4.6 0.2 0.7 0.5 0.1

Japan

100.000 99.2 99.3 1.7 0.1 0.0 0.2 0.1

Taiwan (Dec. 2018=100)

100.000 108.5 109.1 9.6 0.7 0.4 1.4 0.6

Asian NICs(5)

100.000 96.0 96.9 10.0 0.9 -0.3 1.5 0.9

ASEAN (Dec. 2003=100)(6)

100.000 102.1 102.6 3.7 0.4 0.2 0.3 0.5

Asia Near East (Dec. 2003=100)(7)

100.000 219.1 227.6 30.7 -1.0 -1.4 3.9 3.9

Footnotes
(1) Relative importance figures are based on 2020 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.
(5) Asian Newly Industrialized Countries - Hong Kong, Singapore, South Korea, and Taiwan.
(6) Association of Southeast Asian Nations - Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
(7) Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, and Yemen.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 8. U.S. export price indexes and percent changes by locality of destination: February 2021 to February 2022 [December 2017=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Industrialized Countries(2)

100.000 117.4 119.9 12.4 0.7 -1.0 2.6 2.1

Nonmanufacturing

15.359 147.1 159.7 40.5 1.6 -5.8 8.6 8.6

Manufacturing

82.940 113.8 114.9 8.6 0.5 -0.3 1.5 1.0

Canada

100.000 123.4 126.5 15.7 0.4 -1.2 3.8 2.5

Nonmanufacturing (Dec. 2020=100)

11.597 150.2 165.1 38.0 -0.2 -6.8 9.3 9.9

Manufacturing (Dec. 2020=100)

86.944 114.2 115.9 13.4 0.5 -0.5 3.2 1.5

European Union

100.000 116.1 117.0 8.6 0.2 -0.9 3.1 0.8

Nonmanufacturing

19.160 144.5 154.2 41.9 0.1 -3.9 8.5 6.7

Manufacturing

79.108 110.9 110.3 3.5 0.2 -0.3 1.7 -0.5

Germany

100.000 109.6 110.3 1.7 -0.1 0.0 2.1 0.6

Latin America(3)

100.000 126.0 131.7 24.8 0.6 -2.8 4.4 4.5

Nonmanufacturing

12.191 185.1 206.5 48.6 3.1 -6.9 6.3 11.6

Manufacturing

87.305 121.2 125.4 21.9 0.3 -2.4 4.2 3.5

Mexico

100.000 125.5 130.6 24.4 0.3 -2.7 3.1 4.1

Nonmanufacturing

9.651 159.2 193.4 45.7 -1.9 -12.1 1.2 21.5

Manufacturing

89.936 123.3 126.0 22.2 0.5 -1.7 3.4 2.2

Pacific Rim(4)

100.000 115.8 118.3 13.5 1.2 -1.0 1.6 2.2

Nonmanufacturing

25.809 139.8 148.5 39.0 5.2 -2.3 3.4 6.2

Manufacturing

71.863 109.9 110.6 7.4 0.5 -0.6 0.8 0.6

China

100.000 113.4 116.5 14.2 1.1 -1.2 2.6 2.7

Nonmanufacturing

33.467 123.7 134.0 26.5 4.1 -0.9 5.8 8.3

Manufacturing

64.849 111.3 111.0 8.1 0.5 -1.1 1.0 -0.3

Japan

100.000 117.8 121.7 14.9 1.1 -1.6 4.0 3.3

Nonmanufacturing

29.890 147.8 158.7 40.1 3.3 -3.5 10.8 7.4

Manufacturing

68.664 108.3 109.7 7.2 0.5 -0.9 1.2 1.3

Footnotes
(1) Relative importance figures are based on 2020 trade values.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 9. U.S. terms of trade indexes and percent changes by locality: February 2021 to February 2022(1) [December 2017=100, unless otherwise noted]
Description Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Industrialized Countries(2)

99.1 99.5 1.1 -0.2 0.0 -0.1 0.4

Canada

88.3 88.1 -7.3 -1.4 1.8 -1.9 -0.2

European Union

105.7 105.2 3.2 -0.1 -1.0 2.4 -0.5

Germany

103.2 103.1 -3.6 -0.6 -0.1 -0.5 -0.1

Latin America(3)

113.3 117.6 11.5 -0.1 -2.4 2.1 3.8

Mexico

116.7 120.7 15.2 -0.1 -2.0 0.9 3.4

Pacific Rim(4)

110.0 112.0 8.1 0.9 -1.4 0.9 1.8

China

109.3 112.1 9.2 0.9 -1.8 2.1 2.6

Japan

113.4 117.0 12.9 1.0 -1.5 3.8 3.2

Footnotes
(1) Terms of trade indexes are derived by dividing the export price index by the corresponding import price index and multiplying by 100.
(2) Western Europe, Canada, Japan, Australia, New Zealand, and South Africa.
(3) Mexico, Central America, South America, and the Caribbean.
(4) China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and the Asian Newly Industrialized Countries.

NOTES: Data may be revised in each of the 3 months after original publication.
Regions are not mutually exclusive.
Dash = Not available


Table 10. U.S. international price indexes and percent changes for selected transportation services: February 2021 to February 2022 [2000=100, unless otherwise noted]
Description Relative
import-
ance
Jan.
2022(1)
Index Percent change
Jan.
2022
Feb.
2022
Annual Monthly
Feb.
2021
to
Feb.
2022
Oct.
2021
to
Nov.
2021
Nov.
2021
to
Dec.
2021
Dec.
2021
to
Jan.
2022
Jan.
2022
to
Feb.
2022

Air Freight

Import Air Freight

100.000 384.0 353.9 13.2 13.9 -11.5 6.3 -7.8

Europe (Dec. 2003=100)

22.956 290.6 293.1 15.8 17.0 5.4 -8.2 0.9

Asia

77.044 393.3 352.3 8.3 12.9 -17.0 11.6 -10.4

Export Air Freight

100.000 185.8 192.9 13.9 0.0 4.7 1.7 3.8

Europe (Dec. 2006=100)

28.637 155.4 154.8 2.4 -1.6 7.1 -1.7 -0.4

Asia (Dec. 2011=100)

48.665 141.5 151.5 24.1 0.8 7.4 0.7 7.1

Inbound Air Freight

100.000 294.9 274.3 14.7 7.9 -4.1 6.5 -7.0

Europe (Dec. 2003=100)

23.346 201.5 204.0 14.6 13.8 3.4 -3.8 1.2

Asia

76.654 310.4 280.9 13.7 7.3 -6.4 10.1 -9.5

Outbound Air Freight

100.000 223.0 197.0 20.6 31.6 5.6 5.4 -11.7

Europe (Dec. 2003=100)

23.720 169.0 165.5 -3.8 -2.9 10.1 -6.2 -2.1

Asia

60.410 277.4 225.4 37.9 70.8 5.6 9.6 -18.7

Air Passenger Fares

Import Air Passenger Fares

100.000 140.8 149.4 -1.3 0.2 5.1 -19.4 6.1

Europe

39.568 161.3 165.8 18.0 1.4 -6.0 -6.4 2.8

Asia

18.167 131.2 156.6 -13.9 -4.0 12.4 -23.2 19.4

Latin America/Caribbean

11.727 106.0 109.8 10.4 5.7 33.1 -34.2 3.6

Export Air Passenger Fares

100.000 184.7 164.1 1.0 0.9 2.3 7.7 -11.2

Europe

24.822 204.9 193.0 -2.1 0.7 1.1 -0.2 -5.8

Asia

24.506 208.4 212.9 12.8 -0.5 3.9 10.7 2.2

Latin America/Caribbean

32.565 182.2 134.6 4.6 -0.1 6.7 18.6 -26.1

Footnotes
(1) Relative importance figures are based on 2020 trade values.

NOTES: Data may be revised in each of the 3 months after original publication.
Dash = Not available


                                                TECHNICAL NOTE                                                

Import and Export Goods and Services Price Indexes - All indexes use a modified Laspeyres 
formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the 
weights. Published series use a base year of 2000=100 where possible. More detailed index series and 
additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101.

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

Import Price Goods Indexes - Items are 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 Goods Indexes - Items are 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 - Indexes for import and export air passenger fares calculate changes in the 
average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from 
foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets 
sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both 
the import and export air passenger fares indexes. Import air passenger fares data have used the airline 
consulting service source since September 2008. Before April 2018, the export air passenger fares data 
were collected directly by BLS from U.S. airlines. 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 represents transactions between U.S. and foreign residents) and 
international (which represents transactions inbound to and outbound from the United States.) Fact 
sheets specifying detailed information for each services industry are available at www.bls.gov/mxp 
under "MXP Publications."

Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data 
collected for the import price indexes. The indexes are specific to a country, region, or grouping and, 
beginning with January 2002, are based on the North American Industry Classification System (NAICS) 
covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and 
manufactured goods are defined as NAICS 31-33. 

Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data 
collected for the export price indexes. The indexes are specific to a country, region, or grouping and are 
based on the North American Industry Classification System (NAICS) covering goods-producing 
industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are 
defined as NAICS 31-33. 

Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of 
import prices for a specific country, region, or grouping. The indexes are calculated as one country, 
region, or grouping's all-export goods price index divided by the corresponding all-import goods price 
index on a scale of 100. 
   
Relative Importance - A relative importance is a specific index's price-updated value share (expressed 
as a percentage) of overall imports or exports at a specific point in time. Relative importance values are 
affected by the trade weights at the point indexes are reweighted and index changes relative to other 
indexes since the reweight point. If an index is rising in value relative to other indexes over time, the 
relative importance will increase as well. 
 
Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the 3 months after original publication. After 3 months, no further data 
revisions take place. For example, data first published in the January release will be subject to revision 
in the releases for February, March, and April.

Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All 
percent changes are then derived from the rounded index values and subsequently rounded to the tenth 
decimal place.

Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts (NIPA) constructed by the Department of 
Commerce. Other published indexes are useful for general market analysis. For trade in international 
services, balance of payments indexes are used for deflating NIPA, while international indexes are more 
appropriate for market analysis. 

Email Subscription - The U.S. import and export price indexes news release is available through an 
email subscription service at www.bls.gov/bls/list.htm. 
 
Additional Information - More detailed data are available on the Import/Export Price Indexes home 
page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to 
mxpinfo@bls.gov.   

If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access 
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Last Modified Date: May 02, 2022