Import air passenger fares rose 9.3 percent for the year ended in October 2021

Import air passenger fares rose 9.3 percent for the year ended in October 2021, as European fares increased 20.4 percent and Asian fares declined 8.4 percent. Export air passenger fares advanced 12.4 percent over the past 12 months, led by a 26.1 percent increase in European fares.

Import air freight prices rose 27.6 percent from October 2020 to October 2021. Within the import air freight category, prices of European carriers increased 6.7 percent and prices at Asian carriers increased 35.2 percent. Export air freight prices rose 13.5 percent over the past year. Inbound air freight prices increased 22.9 percent, while outbound air freight prices advanced 10.8 percent for the year ended in December.

These data are from the International Price program. To learn more, see "U.S. Import and Export Prices — October 2021." Also see more charts on import and export price trends. Import air transportation price data measure payments to foreign carriers by U.S. residents for international air transportation services. Export air transportation price data measure payments to U.S. carriers by foreign residents for international air transportation. Data may be revised in each of the 3 months after original publication. We have fact sheets that explain more about measuring price changes for air passenger fares and air freight.