Technical Information: USDL-04-600 (202) 691-7101 Transmission of This Media contact: Material Is Embargoed (202) 691-5902 Until 8:30 A.M. E.S.T. Internet Address: http://www.bls.gov/mxp Wednesday, April 7, 2004 U.S. IMPORT AND EXPORT PRICE INDEXES - MARCH 2004 - The U.S. Import Price Index rose 0.9 percent in March, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Higher prices for both petroleum and nonpetroleum imports contributed to the overall increase. Export prices also rose 0.9 percent in March, the largest monthly increase in this index in nine years. Percent changes in import and export price indexes by End Use category -not seasonally adjusted- IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 2003 March 0.6 -1.1 1.0 0.2 -0.4 0.3 April -3.1 -18.8 -1.0 -0.1 0.4 -0.1 May -0.7 -5.0 -0.2 0.1 2.5 -0.2 June 0.9 5.4 0.4 -0.2 -0.5 -0.1 July 0.5 5.2 0.0 -0.1 -0.1 -0.1 August 0.0 1.8 -0.3 0.0 -1.0 0.1 September -0.5 -5.8 0.3 0.4 5.4 -0.1 October 0.1 1.6 -0.1 0.2 2.4 0.1 November 0.5 2.1 0.2 0.5 4.0 0.1 December 0.7 r 5.1 r 0.3 r 0.3 r 0.4 r 0.3 r 2004 January 1.5 7.4 r 0.8 0.7 r 0.7 r 0.7 r February 0.4 0.1 r 0.4 0.7 r 1.6 r 0.6 March 0.9 6.1 0.2 0.9 3.3 0.6 March 2002-03 6.8 54.2 2.4 2.2 8.7 1.6 March 2003-04 1.2 1.9 1.0 3.4 20.7 1.9 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices continued an upward trend in March, rising 0.9 percent for the month and 2.9 percent over the first quarter of 2004. Higher prices for import petroleum accounted for most of the increase, rising 6.1 percent in March. Petroleum prices have advanced in 9 of the past 10 months, after falling sharply last spring. Over the past 12 months, the index was up 1.9 percent. Nonpetroleum import prices were up a modest 0.2 percent in March, after rising 0.4 percent and 0.8 percent in the first two months of 2004. For the year ended in March, nonpetroleum import prices were up 1.0 percent, while prices of overall imports rose 1.2 percent. The March increase in nonpetroleum import prices was led by a continued advance in the price index for nonpetroleum industrial supplies and materials, up 1.1 percent. Higher prices for building materials and unfinished metals were the primary contributors to the increase. Nonpetroleum industrial supplies and materials prices were up 3.8 percent for the year ended in March. The price index for foods, feeds, and beverages also rose in March, up 0.8 percent. The increase continued a recent upward trend and was led by higher seafood prices. Foods, feeds, and beverages prices were up 3.1 percent over the past 12 months. Prices for automotive vehicles increased 0.1 percent last month and 1.3 percent over the March 2003-2004 period. Import prices for capital goods and consumer goods continued to register little movement, as both were unchanged in March. Over the past year, capital goods prices fell 0.6 percent, while prices for consumer goods rose 0.8 percent. Export Goods Export prices were up 0.9 percent in March and 2.3 percent over the first quarter of 2004, the largest 3-month jump in export prices since the second quarter of 1988. Prices for both agricultural and nonagricultural exports contributed to the recent increase in overall export prices. The price index for agricultural exports rose 3.3 percent in March, led by a sharp increase in soybean prices. Agricultural prices have been trending upward since the middle of 2003 and were up 20.7 percent over the past 12 months. Nonagricultural export prices rose 0.6 percent last month, following increases of 0.6 percent and 0.7 percent in February and January. Prices for nonagricultural exports were up 1.9 percent for the year ended in March, while overall export prices rose 3.4 percent over the same period. A 1.7 percent increase in the price index for nonagricultural industrial supplies and materials was the primary contributor to the March increase in export prices. Nonagricultural industrial supplies and materials prices were up 6.0 percent over the past three months and 7.5 percent for the year ended in March. Prices for capital goods, which account for approximately 42 percent of exports, rose 0.3 percent for the second consecutive month. The increase was mainly attributable to higher prices for computer peripherals and semiconductors. Notwithstanding the recent increases, capital goods prices were down 0.2 percent over the past 12 months. The price indexes for both automotive vehicles and consumer goods were unchanged in March, and each was up 0.5 percent over the past 12 months. Imports by Locality of Origin The price indexes for imports from Latin America and from the European Union both increased in March, led by higher petroleum prices. Prices for imports from Latin America were up 1.6 percent last month and 2.1 percent for the year ended in March, while prices for imports from Europe rose 0.6 percent in March and 4.1 percent over the past 12 months. Import prices from Canada also increased in March, rising 1.3 percent. A 1.6 percent rise in prices for manufactured goods more than offset a 0.7 percent decline in nonmanufactured goods prices. For the March 2003-2004 period, overall import prices from Canada were up 3.7 percent. Prices for imports from Japan and the Asian Newly Industrialized Countries were unchanged last month. Import prices from Japan were up 0.7 percent for the year ended in March, whereas prices of imports from the Asian Newly Industrialized Countries fell 1.8 percent over the past year. Import and Export Services The price indexes for both import and export air passenger fares posted declines in March, decreasing 0.3 percent and 0.1 percent, respectively. The modest decreases followed February drops of 2.7 percent for import air passenger fares and 3.5 percent for export air passenger fares. For the year ended in March, import fares declined 4.6 percent, whereas export fares were up 13.7 percent over the same period. Import air freight prices rose 1.9 percent during the first quarter of 2004, after declining 1.6 percent for the previous three months. For the year ended in March, import air freight prices were up 6.3 percent. Export air freight prices rose by a similar amount in March, rising 1.8 percent. Over the past 12 months, the index was up 0.8 percent. CONTENTS OF RELEASE This news release includes the following tables: Table 1 U.S. Import Price Indexes, by End Use Table 2 U.S. Export Price Indexes, by End Use Table 3 U.S. Import Price Indexes, by SITC Table 4 U.S. Export Price Indexes, by SITC Table 5 U.S. Import Price Indexes, by Harmonized System Table 6 U.S. Export Price Indexes, by Harmonized System Table 7 U.S. Import Price Indexes, by Locality of Origin Table 8 U.S. Import and Export Quarterly Price Indexes for Services Table 9 U.S. Import and Export Monthly Price Indexes for Services Table 10 U.S. Inbound and Outbound Quarterly Price Indexes for Services Table 11 U.S. Inbound and Outbound Monthly Price Indexes for Services ------------------------------------------------------------------- Import and Export Price Index data for April are scheduled for release on May 12 at 8:30 A.M. (E.D.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. END Description 2003 2003 2003 2004 2004 USE February February March to to to to to 2004 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 ALL COMMODITIES.......................................... 100.000 99.4 100.3 1.2 0.7 1.5 0.4 0.9 ALL IMPORTS EXCLUDING PETROLEUM.......................... 88.032 98.9 99.1 1.0 0.3 0.8 0.4 0.2 ALL IMPORTS EXCLUDING FUELS (200112=100)...................................... 86.105 102.0 102.4 2.1 0.1 0.5 0.5 0.4 0 FOODS, FEEDS, & BEVERAGES.............................. 4.605 105.0 105.8 3.1 0.8 0.5 1.3 0.8 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.422 113.1 112.4 2.6 1.1 1.0 1.0 -0.6 01 Nonagricultural foods (fish, distilled beverages) 1.183 87.0 90.9 4.6 0.0 -0.9 2.1 4.5 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 28.092 109.7 113.3 3.3 2.9 4.8 1.0 3.3 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 16.123 107.1 108.3 3.8 1.4 3.1 1.7 1.1 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (200112=100).................. 14.196 113.9 116.7 10.3 0.8 1.3 2.2 2.5 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 8.614 104.9 108.5 15.9 1.3 1.8 3.6 3.4 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.510 109.5 108.0 -7.8 1.4 4.8 -0.5 -1.4 10 Fuels & lubricants............................... 13.896 116.3 121.1 -3.3 5.1 8.8 -0.3 4.1 100 Petroleum & petroleum products............... 11.970 113.9 120.8 1.9 5.1 7.4 0.1 6.1 10000 Crude................................ 8.797 114.6 121.9 5.9 3.8 6.6 0.4 6.4 11 Paper & paper base stocks........................ 1.044 94.2 94.9 4.3 0.0 0.1 0.2 0.7 12 Materials associated with nondurable supplies & materials...................... 4.668 105.2 106.0 1.7 0.2 0.5 0.3 0.8 13 Selected building materials...................... 2.239 113.6 118.8 23.4 -0.1 -1.3 6.6 4.6 14 Unfinished metals related to durable goods....... 3.210 109.6 115.6 24.6 2.9 5.5 4.7 5.5 15 Finished metals related to durable goods......... 1.399 101.9 102.8 7.0 1.3 0.6 0.3 0.9 16 Nonmetals related to durable goods............... 1.636 99.2 99.6 1.7 0.1 0.3 0.7 0.4 2 CAPITAL GOODS.......................................... 23.700 93.1 93.1 -0.6 -0.4 0.2 0.0 0.0 20 Electric generating equipment.................... 2.905 98.4 98.6 3.2 0.3 0.8 0.8 0.2 21 Nonelectrical machinery.......................... 18.513 91.1 91.1 -1.5 -0.5 0.1 -0.1 0.0 22 Transportation equipment excluding motor vehicles (200112=100)............... 2.283 103.4 103.6 2.0 0.2 0.4 0.2 0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 17.486 101.7 101.8 1.3 0.2 0.2 0.1 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 26.118 98.7 98.7 0.8 0.0 0.6 0.0 0.0 40 Nondurables, manufactured........................ 12.790 101.3 101.3 1.6 0.1 1.1 0.1 0.0 41 Durables, manufactured........................... 12.047 96.2 96.3 0.1 0.0 0.1 -0.1 0.1 42 Nonmanufactured consumer goods................... 1.281 96.2 96.3 0.6 0.4 -0.3 0.3 0.1 1 Relative importance figures are based on 2002 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. END Description 2003 2003 2003 2004 2004 USE February February March to to to to to 2004 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 ALL COMMODITIES............................................. 100.000 102.2 103.1 3.4 0.3 0.7 0.7 0.9 AGRICULTURAL COMMODITIES.................................... 9.651 125.6 129.7 20.7 0.4 0.7 1.6 3.3 NONAGRICULTURAL COMMODITIES................................. 90.350 100.4 101.0 1.9 0.3 0.7 0.6 0.6 0 FOODS, FEEDS, & BEVERAGES................................. 8.769 126.0 130.5 20.6 0.8 0.7 2.3 3.6 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 8.022 127.6 132.5 22.6 0.8 0.7 2.3 3.8 01 Nonagricultural foods (fish, distilled beverages)... 0.747 110.1 110.8 0.7 0.9 0.4 1.1 0.6 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 25.961 106.5 108.2 7.6 0.8 2.4 1.4 1.6 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 9.805 107.8 109.9 10.8 1.0 2.1 2.2 1.9 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 16.154 105.9 107.4 5.6 0.7 2.6 1.0 1.4 10 Agricultural industrial supplies & materials........ 1.629 116.3 116.5 11.2 -1.3 0.9 -1.9 0.2 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 24.332 106.0 107.8 7.5 0.9 2.6 1.6 1.7 11 Fuels & lubricants.................................. 2.628 105.7 109.1 1.0 2.7 6.3 0.5 3.2 12 Nonagricultural supplies & materials excluding fuels & building materials......... 20.526 106.6 108.3 8.4 0.8 2.2 1.7 1.6 13 Selected building materials......................... 1.178 100.5 101.7 5.5 0.4 -0.9 1.9 1.2 2 CAPITAL GOODS............................................. 41.625 97.8 98.1 -0.2 0.2 0.0 0.3 0.3 20 Electrical generating equipment..................... 4.041 102.2 102.4 0.8 0.0 0.4 0.1 0.2 21 Nonelectrical machinery............................. 29.958 94.3 94.6 -1.0 0.2 -0.2 0.4 0.3 22 Transportation equipment excluding motor vehicles (200112=100).................. 7.627 106.5 106.6 3.0 0.2 0.7 0.1 0.1 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 11.571 102.0 102.0 0.5 -0.1 0.1 0.1 0.0 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 12.028 99.9 99.9 0.5 -0.1 0.0 0.0 0.0 40 Nondurables, manufactured........................... 5.885 99.4 99.4 0.7 -0.2 0.2 0.0 0.0 41 Durables, manufactured.............................. 5.389 100.0 100.1 0.4 0.0 -0.2 -0.1 0.1 42 Nonmanufactured consumer goods (200112=100)......... 0.754 101.4 101.1 -0.5 0.8 -0.3 0.0 -0.3 1 Relative importance figures are based on 2002 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. SITC Description 2003 2003 2003 2004 2004 Rev. 3 February February March to to to to to 2004 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 ALL COMMODITIES............................................. 100.000 99.4 100.3 1.2 0.7 1.5 0.4 0.9 0 FOOD AND LIVE ANIMALS..................................... 3.633 104.6 105.4 4.2 1.0 1.1 2.4 0.8 01 Meat and meat preparations.......................... 0.408 117.3 117.1 7.9 2.7 -2.9 0.3 -0.2 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.841 79.9 84.0 3.2 -0.1 -1.1 2.0 5.1 05 Vegetables, fruit and nuts, fresh or dried.......... 0.964 115.4 111.4 0.6 0.5 2.8 2.6 -3.5 07 Coffee, tea, cocoa, spices and manufactures thereof. 0.422 101.9 101.6 1.4 3.1 4.3 1.8 -0.3 2/ Other food and live animals............................... 0.998 117.4 119.9 8.1 0.7 1.9 3.7 2.1 1 BEVERAGES AND TOBACCO..................................... 0.946 105.1 105.2 1.2 0.0 0.4 0.3 0.1 11 Beverages........................................... 0.832 105.3 105.3 2.2 0.0 0.7 0.3 0.0 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 2.029 114.6 121.2 23.0 3.3 1.9 4.2 5.8 24 Cork and wood....................................... 0.782 115.7 123.4 29.9 4.7 0.8 6.2 6.7 25 Woodpulp and recovered paper........................ 0.238 91.9 95.5 10.4 1.0 0.5 -1.5 3.9 28 Metalliferous ores and metal scrap.................. 0.386 139.5 155.5 55.7 6.1 10.1 9.9 11.5 29 Crude animal and vegetable materials, n.e.s......... 0.229 99.5 99.7 -2.8 5.1 -0.7 0.6 0.2 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 13.589 117.0 121.8 -3.3 4.7 8.4 -0.3 4.1 33 Petroleum, petroleum products and related materials. 11.746 114.2 120.8 2.3 4.5 6.7 0.1 5.8 34 Gas, natural and manufactured....................... 1.843 134.0 125.5 -32.5 6.8 21.2 -2.9 -6.3 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 7.863 103.9 104.3 3.2 0.3 2.1 0.7 0.4 51 Organic chemicals................................... 2.648 100.0 100.2 0.8 0.0 1.5 1.0 0.2 52 Inorganic chemicals................................. 0.624 120.4 120.3 8.6 1.9 4.4 1.2 -0.1 53 Dyeing, tanning and coloring materials.............. 0.209 99.9 99.9 2.4 0.6 0.3 0.0 0.0 54 Medicinal and pharmaceutical products............... 2.330 107.7 107.8 6.4 0.0 3.6 0.6 0.1 55 Essential oils; polishing and cleansing preps....... 0.337 93.3 93.6 -4.9 0.0 1.2 0.6 0.3 57 Plastics in primary forms........................... 0.612 105.5 107.1 7.9 -0.1 -0.8 0.8 1.5 58 Plastics in nonprimary forms........................ 0.380 102.4 102.8 2.4 0.1 0.3 0.3 0.4 59 Chemical materials and products, n.e.s.............. 0.539 95.1 96.3 -1.3 0.2 1.1 0.8 1.3 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 11.839 101.1 103.2 9.7 0.4 1.0 2.3 2.1 62 Rubber manufactures, n.e.s.......................... 0.666 99.2 99.5 0.5 0.2 0.2 0.2 0.3 63 Cork and wood manufactures other than furniture..... 0.882 119.1 129.1 36.8 -5.6 -7.3 14.7 8.4 64 Paper and paperboard, cut to size................... 1.259 94.5 94.4 1.5 -0.5 0.4 0.4 -0.1 65 Textile yarn, fabrics, made-up articles, n.e.s., and related prod........... 1.469 103.7 103.9 3.6 0.0 1.3 0.6 0.2 66 Nonmetallic mineral manufactures, n.e.s............. 2.201 98.6 98.6 1.0 0.0 0.2 0.3 0.0 67 Iron and steel...................................... 1.470 113.0 116.9 18.1 2.4 4.6 2.8 3.5 68 Nonferrous metals................................... 1.786 97.0 103.0 28.8 3.1 5.2 5.1 6.2 69 Manufactures of metals, n.e.s....................... 1.999 99.6 100.2 2.3 0.4 -0.2 0.3 0.6 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 42.340 95.5 95.5 -0.3 -0.1 0.1 0.1 0.0 71 Power generating machinery and equipment............ 2.970 101.4 101.4 2.3 0.1 0.6 0.4 0.0 72 Machinery specialized for particular industries..... 1.658 106.4 106.7 6.0 0.3 1.3 1.4 0.3 73 Metalworking machinery.............................. 0.460 107.4 107.7 3.6 0.0 1.3 0.9 0.3 74 General industrial machinery, equipment, & machine parts, n.e.s............ 3.157 102.5 103.2 3.4 0.3 0.6 0.7 0.7 75 Computer equipment and office machines.............. 5.917 78.0 77.7 -6.0 -0.4 -0.3 0.0 -0.4 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 5.178 85.5 85.3 -5.2 -0.9 -0.2 -1.2 -0.2 77 Electrical machinery and equipment.................. 6.888 95.5 95.4 0.1 -0.7 0.0 0.2 -0.1 78 Road vehicles....................................... 14.561 101.9 102.0 1.4 0.2 0.3 0.0 0.1 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 17.292 100.0 100.0 0.5 0.1 0.1 0.0 0.0 81 Prefabricated buildings; plumbing, heat & lighting fixtures, n.e.s................... 0.455 93.2 93.3 -2.6 -1.4 0.0 0.0 0.1 82 Furniture and parts thereof......................... 1.875 100.3 100.7 1.2 -0.4 0.1 0.1 0.4 83 Travel goods, handbags and similar containers....... 0.393 103.6 103.7 2.2 1.0 -0.2 0.0 0.1 84 Articles of apparel and clothing accessories........ 5.512 100.6 100.4 -0.4 0.2 0.1 -0.2 -0.2 85 Footwear............................................ 1.335 100.4 100.4 0.6 0.0 0.4 -0.1 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 1.814 99.6 99.6 1.1 0.4 -0.3 -0.1 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.999 100.3 100.1 0.7 0.1 0.1 0.3 -0.2 89 Miscellaneous manufactured articles, n.e.s.......... 4.909 99.3 99.4 1.3 0.2 0.4 0.1 0.1 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. SITC Description 2003 2003 2003 2004 2004 Rev. 3 February February March to to to to to 2004 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 ALL COMMODITIES............................................. 100.000 102.2 103.1 3.4 0.3 0.7 0.7 0.9 0 FOOD AND LIVE ANIMALS..................................... 6.881 119.7 121.8 15.0 1.1 0.3 2.4 1.8 01 Meat and meat preparations.......................... 1.320 125.1 126.5 31.2 -2.1 -0.2 1.9 1.1 03 Fish, crustaceans, aquatic invertebrates and preparations thereof..................... 0.500 104.7 104.9 -3.0 2.0 0.4 1.2 0.2 04 Cereals and cereal preparations..................... 2.029 135.1 139.4 14.1 4.1 0.7 2.6 3.2 05 Vegetables, fruit and nuts, fresh or dried.......... 1.315 108.1 109.9 15.6 0.4 -0.2 5.0 1.7 08 Feeding stuff for animals (not including unmilled cereals).................. 0.754 128.4 130.9 24.1 1.4 1.9 2.2 1.9 09 Miscellaneous edible products and preparations...... 0.466 101.1 101.7 0.7 -0.8 0.4 0.4 0.6 2/ Other food and live animals............................... 0.497 104.1 104.2 3.4 0.3 -1.2 0.3 0.1 1 BEVERAGES AND TOBACCO..................................... 0.710 101.6 101.6 4.3 0.2 0.3 0.7 0.0 12 Tobacco and tobacco manufactures.................... 0.459 100.6 100.5 4.8 0.1 0.1 0.8 -0.1 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS................... 5.392 122.5 128.7 25.8 0.5 3.0 1.7 5.1 22 Oil seeds and oleaginous fruits..................... 1.392 160.9 181.6 55.7 1.1 3.1 2.4 12.9 24 Cork and wood....................................... 0.539 95.3 96.0 5.3 1.3 0.7 1.0 0.7 25 Woodpulp and recovered paper........................ 0.634 92.5 94.2 6.0 -0.2 0.0 0.9 1.8 26 Textile fibers and their waste...................... 0.653 122.2 122.9 17.0 -5.7 2.1 -1.2 0.6 28 Metalliferous ores and metal scrap.................. 1.140 156.3 167.2 58.0 5.4 9.0 5.0 7.0 2/ Other crude materials, inedible, except fuels............. 1.034 111.7 110.9 1.9 -0.2 0.5 0.4 -0.7 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS....................................... 2.112 118.9 123.5 -5.1 4.1 7.8 -0.3 3.9 33 Petroleum, petroleum products and related materials. 1.496 114.1 120.7 -7.3 4.9 9.5 -1.9 5.8 5 CHEMICALS AND RELATED PRODUCTS, N.E.S..................... 13.395 104.1 105.0 4.4 0.5 1.5 1.2 0.9 51 Organic chemicals................................... 2.947 108.4 110.3 6.7 1.6 2.8 2.1 1.8 52 Inorganic chemicals................................. 0.821 99.0 98.6 0.5 0.0 0.0 -0.1 -0.4 53 Dyeing, tanning and coloring materials.............. 0.586 97.3 97.3 -1.1 -0.8 -0.2 -0.6 0.0 54 Medicinal and pharmaceutical products............... 2.483 105.4 105.5 1.3 -0.7 -0.3 -0.1 0.1 55 Essential oils; polishing and cleansing preps....... 0.939 101.5 101.6 5.6 0.7 1.0 0.4 0.1 56 Fertilizers......................................... 0.445 133.1 146.4 35.3 2.3 3.2 4.7 10.0 57 Plastics in primary forms........................... 2.269 101.2 101.8 2.3 0.7 1.9 3.0 0.6 58 Plastics in nonprimary forms........................ 0.890 97.4 99.0 1.9 0.1 -0.3 0.5 1.6 59 Chemical materials and products, n.e.s.............. 2.015 106.3 106.3 5.6 0.1 3.2 0.4 0.0 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL..................................... 10.019 102.9 103.9 4.5 0.1 0.8 1.3 1.0 62 Rubber manufactures, n.e.s.......................... 0.780 110.9 111.1 2.5 0.0 0.4 0.5 0.2 64 Uncoated Paper/paperboard, and linerboard........... 1.489 97.4 97.6 0.9 -0.3 -0.1 -0.1 0.2 65 Textile yarn, fabrics, and made-up articles, n.e.s.. 1.635 104.0 104.7 2.6 0.0 1.5 0.0 0.7 66 Nonmetallic mineral manufactures, n.e.s............. 1.488 99.5 99.7 -0.5 0.1 -0.1 -0.2 0.2 67 Iron and steel...................................... 0.988 119.0 121.2 16.0 0.9 5.0 3.4 1.8 68 Nonferrous metals................................... 1.059 90.9 94.3 11.9 1.3 1.7 5.8 3.7 69 Manufactures of metals, n.e.s....................... 2.124 105.5 105.7 2.1 -0.2 0.7 0.4 0.2 2/ Other manufactured goods classified chiefly by material (200112=100)................... 0.456 117.9 120.1 15.0 -1.2 -4.8 6.9 1.9 7 MACHINERY AND TRANSPORT EQUIPMENT......................... 49.108 98.1 98.3 -0.2 0.1 0.1 0.2 0.2 71 Power generating machinery and equipment............ 4.979 109.4 109.4 2.3 0.2 0.6 0.1 0.0 72 Machinery specialized for particular industries..... 3.709 104.0 104.1 1.9 0.1 0.5 0.1 0.1 73 Metalworking machinery.............................. 0.644 101.0 101.0 -0.7 0.0 0.1 0.2 0.0 74 General industrial machinery, equipment, & parts, n.e.s.................... 4.718 103.3 103.6 1.5 0.0 0.5 0.0 0.3 75 Computer equipment and office machines.............. 5.681 88.6 89.2 0.7 0.7 -0.9 0.9 0.7 76 Telecommunications & sound recording & reproducing apparatus & equipment.......... 3.477 92.5 92.5 -2.6 -0.2 0.5 0.0 0.0 77 Electrical machinery and equipment.................. 11.399 88.3 88.6 -3.9 -0.1 -0.1 0.3 0.3 78 Road vehicles....................................... 8.872 101.8 101.8 0.9 -0.1 0.2 0.1 0.0 8 MISCELLANEOUS MANUFACTURED ARTICLES....................... 11.329 101.0 101.0 0.5 0.1 -0.3 0.2 0.0 82 Furniture and parts thereof......................... 0.644 102.4 102.4 1.3 0.0 -0.3 0.2 0.0 84 Articles of apparel and clothing accessories........ 0.874 96.8 96.8 -0.7 0.0 -0.3 0.0 0.0 87 Professional, scientific and controlling instruments and apparatus, n.e.s............. 4.310 102.3 102.3 0.8 0.0 -0.1 0.1 0.0 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s............ 0.972 95.5 95.2 -2.0 0.1 -0.8 0.7 -0.3 89 Miscellaneous manufactured articles, n.e.s.......... 4.142 101.4 101.5 0.6 0.2 -0.2 0.0 0.1 2/ Other miscellaneous manufactured articles................. 0.388 106.1 106.2 3.0 0.2 -0.8 0.0 0.1 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance March Nov. Dec. Jan. Feb. nized Description 2003 2003 2003 2004 2004 System February February March to to to to to 2004 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.459 98.5 102.5 7.3 1.2 -1.3 4.0 4.1 02 Meat and edible meat offal.......................... 0.365 118.6 118.5 8.0 2.5 -2.5 0.3 -0.1 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.667 79.6 83.8 2.2 -0.4 -1.1 2.2 5.3 2/ Other live animals; animal products................. 0.427 130.7 137.8 14.5 2.2 -0.3 10.8 5.4 II VEGETABLE PRODUCTS........................................ 1.241 108.4 105.7 1.7 1.0 3.0 3.2 -2.5 07 Edible vegetables, roots, and tubers................ 0.342 144.3 136.6 8.0 -0.4 10.2 8.9 -5.3 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.351 95.0 91.2 -6.7 0.8 -3.0 -0.1 -4.0 09 Coffee, tea, mate and spices........................ 0.229 90.7 90.9 14.3 1.2 7.8 2.8 0.2 2/ Other vegetable products............................ 0.320 109.2 109.4 -2.5 1.9 0.6 1.6 0.2 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.160 107.0 107.3 -0.1 0.7 0.7 -0.1 0.3 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.244 100.1 100.1 1.6 0.0 0.7 -1.7 0.0 22 Beverages, spirits, and vinegar..................... 0.842 103.2 103.3 1.1 -0.4 0.5 0.3 0.1 2/ Other prepared foodstuffs........................... 1.074 112.2 112.7 -1.2 1.6 0.9 -0.1 0.4 V MINERAL PRODUCTS.......................................... 13.977 116.8 121.4 -0.6 5.5 8.2 -0.2 3.9 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 13.662 115.9 120.5 -0.6 5.6 8.3 -0.2 4.0 2/ Other mineral products (200112=100)................. 0.315 105.7 105.7 5.7 0.4 2.9 0.5 0.0 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.163 103.5 103.8 3.5 0.3 2.4 0.6 0.3 28 Inorganic chemicals................................. 0.700 119.3 119.6 10.5 2.1 5.9 0.3 0.3 29 Organic chemicals................................... 2.918 99.8 99.8 1.5 0.1 1.6 0.9 0.0 30 Pharmaceutical products............................. 2.007 107.6 107.6 6.9 0.1 3.7 0.7 0.0 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.208 98.1 98.1 0.2 0.3 0.2 0.0 0.0 33 Essential oils and resinoids (200112=100)........... 0.294 105.3 105.8 4.0 0.0 1.7 0.8 0.5 37 Photographic or cinematographic goods............... 0.177 96.2 96.8 -0.2 -0.2 -0.3 -0.1 0.6 38 Miscellaneous chemical products..................... 0.409 93.8 93.8 -2.1 -0.4 0.5 0.2 0.0 2/ Other products of the chemical or allied industries. 0.450 108.6 111.1 3.0 0.2 1.1 0.3 2.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.785 105.3 106.1 3.7 -0.2 0.0 0.4 0.8 39 Plastics and articles thereof....................... 1.859 105.1 105.7 4.4 0.0 0.1 0.8 0.6 40 Rubber and articles thereof......................... 0.926 105.8 106.7 2.2 -0.7 -0.3 -0.2 0.9 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.738 101.4 101.5 1.8 0.5 0.0 0.1 0.1 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.626 101.9 102.0 1.4 0.6 -0.1 0.0 0.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.713 120.5 128.4 34.7 -1.0 -2.0 8.5 6.6 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.837 95.7 96.2 3.1 -0.2 0.4 0.2 0.5 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard............. 0.237 91.5 95.1 11.1 0.9 0.5 -1.5 3.9 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.275 93.7 93.7 1.6 -0.4 0.4 0.3 0.0 49 Printed matter...................................... 0.326 113.1 113.1 2.2 -0.3 0.7 0.5 0.0 XI TEXTILE AND TEXTILE ARTICLES.............................. 6.526 100.4 100.4 0.2 0.2 0.2 0.1 0.0 61 Articles of apparel and clothing accessories, knitted or crocheted............ 2.417 99.9 99.7 -1.1 0.0 -0.1 -0.1 -0.2 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.643 100.2 99.9 -0.3 0.4 0.2 0.0 -0.3 63 Made-up or worn textile articles.................... 0.480 95.9 96.2 1.9 -0.1 1.5 0.5 0.3 2/ Other textile & textile articles.................... 0.986 104.5 105.1 3.8 0.3 0.8 0.8 0.6 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.563 99.9 99.8 0.5 0.0 0.3 -0.1 -0.1 64 Footwear and parts of such articles................ 1.328 100.2 100.2 0.4 0.0 0.3 -0.1 0.0 2/ Other footwear, headgear, umbrellas, whips, art. flowers, etc...................... 0.235 97.7 97.4 1.0 -0.1 -0.2 -0.1 -0.3 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 1.046 103.5 103.4 1.4 0.3 0.1 0.5 -0.1 68 Articles of stone, plaster, cement, asbestos, or mica (200112=100)............... 0.316 98.1 98.1 -1.4 -0.3 -0.9 0.1 0.0 69 Ceramic products.................................... 0.360 107.3 107.2 4.7 1.0 0.9 0.6 -0.1 70 Glass and glassware................................. 0.370 104.1 104.0 0.9 0.0 0.3 0.8 -0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.449 93.7 93.8 6.5 0.9 1.8 1.3 0.1 XV BASE METALS AND ARTICLES OF BASE METAL.................... 5.140 107.3 111.0 15.6 2.2 2.6 2.5 3.4 72 Iron and steel...................................... 1.259 120.1 127.0 24.3 3.4 5.0 4.9 5.7 73 Articles of iron or steel........................... 1.298 101.5 102.4 7.1 1.4 0.0 0.4 0.9 74 Copper and articles thereof......................... 0.449 114.8 125.5 36.1 2.2 5.5 3.8 9.3 76 Aluminum and articles thereof....................... 0.831 103.9 106.9 8.0 1.3 1.4 1.7 2.9 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.406 100.6 102.1 3.1 0.3 1.0 0.2 1.5 83 Miscellaneous articles of base metal................ 0.455 104.4 105.2 2.8 -0.1 0.5 0.5 0.8 2/ Miscellaneous nonferrous metals and articles, including scrap..................... 0.442 102.6 107.5 47.9 7.3 8.6 5.9 4.8 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 25.978 91.8 91.7 -1.3 -0.3 0.1 0.1 -0.1 84 Machinery and mechanical appliances; parts thereof.. 13.451 92.0 92.1 -0.9 0.0 0.2 0.3 0.1 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 12.527 91.5 91.4 -1.6 -0.8 0.0 -0.3 -0.1 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 16.243 102.3 102.4 1.4 0.3 0.2 0.1 0.1 87 Motor vehicles and their parts...................... 14.775 101.9 102.0 1.4 0.3 0.2 0.1 0.1 88 Aircraft, spacecraft, and parts thereof (200212=100)......................... 1.344 102.1 102.2 1.4 0.3 0.1 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 3.419 99.9 99.9 1.1 0.3 0.0 0.1 0.0 90 Optical, photographic, measuring and medical instruments.......................... 3.019 99.1 99.0 0.9 0.3 0.0 0.0 -0.1 91 Clocks and watches and parts thereof................ 0.288 108.0 108.2 2.2 -0.2 1.1 0.5 0.2 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 4.349 97.1 97.4 0.0 -0.2 -0.2 0.0 0.3 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.298 98.2 98.6 0.9 -0.5 0.1 0.1 0.4 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.807 95.7 95.8 -1.4 0.2 -0.6 -0.3 0.1 96 Miscellaneous manufactured articles................. 0.244 97.9 98.3 1.1 0.4 0.4 0.5 0.4 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance March Nov. Dec. Jan. Feb. nized Description 2003 2003 2003 2004 2004 System February February March to to to to to 2004 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.970 119.2 120.2 20.1 -1.6 -0.3 1.7 0.8 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.440 104.3 104.7 -4.0 1.4 0.0 1.2 0.4 2/ Other live animals and animal products.............. 0.314 111.0 110.4 12.0 -2.1 -1.2 0.1 -0.5 II VEGETABLE PRODUCTS........................................ 4.548 135.0 143.3 26.3 2.5 1.0 3.5 6.1 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.631 98.5 102.1 17.6 0.2 -1.5 4.0 3.7 10 Cereals............................................. 1.749 136.7 141.5 14.6 4.6 0.1 2.9 3.5 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.561 154.3 172.0 48.0 0.9 2.8 2.1 11.5 III ANIMAL OR VEGETABLE FATS AND OILS......................... 0.388 175.5 178.6 23.5 2.0 2.7 -6.1 1.8 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.744 109.2 109.9 8.7 0.4 0.9 0.8 0.6 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.327 106.4 106.2 1.1 -0.7 -0.1 -0.4 -0.2 21 Miscellaneous edible preparations................... 0.419 100.8 101.5 0.4 -0.8 0.4 0.4 0.7 23 Residues and waste from the food industries; prepared animal feed............. 0.695 135.3 138.4 30.0 1.8 2.5 2.4 2.3 2/ Other prepared foods................................ 0.845 105.9 105.8 3.6 0.4 0.9 0.3 -0.1 V MINERAL PRODUCTS.......................................... 2.618 117.7 121.0 1.9 2.6 7.5 0.1 2.8 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 2.081 115.5 119.9 -2.4 3.4 7.9 -0.2 3.8 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 10.775 105.7 106.7 5.3 0.5 1.6 0.9 0.9 28 Inorganic chemicals................................. 0.903 101.9 101.5 1.7 -0.2 0.0 -0.3 -0.4 29 Organic chemicals................................... 3.357 109.1 111.0 6.5 1.4 2.7 2.1 1.7 30 Pharmaceutical products............................. 2.025 104.9 105.0 2.4 -0.4 0.1 -0.2 0.1 31 Fertilizers......................................... 0.428 129.0 141.9 32.6 2.7 3.3 4.7 10.0 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.596 97.5 97.5 -1.0 -0.7 -0.3 -0.6 0.0 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.676 102.7 102.7 6.6 0.4 0.9 0.4 0.0 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.378 103.1 103.2 3.9 0.7 1.1 0.4 0.1 37 Photographic or cinematographic goods............... 0.445 101.2 100.9 3.0 -0.2 0.7 0.9 -0.3 38 Miscellaneous chemical products..................... 1.688 105.7 105.7 6.0 0.0 3.3 0.3 0.0 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.319 104.5 105.2 3.1 0.3 0.8 1.6 0.7 39 Plastics and articles thereof....................... 4.294 102.7 103.5 3.3 0.4 1.1 1.7 0.8 40 Rubber and articles thereof......................... 1.025 110.9 111.1 2.3 -0.3 0.0 0.5 0.2 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.522 111.6 112.1 4.5 0.6 1.9 0.5 0.4 41 Raw hides and skins (other than furskins) and leather........................ 0.483 110.9 107.9 -3.1 0.6 2.1 0.5 -2.7 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.832 100.7 102.3 9.6 0.7 -1.1 2.5 1.6 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.841 96.0 96.4 3.7 0.2 0.0 0.3 0.4 47 Woodpulp and recovered paper........................ 0.634 88.9 90.6 6.8 -0.2 0.1 1.0 1.9 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.548 94.8 95.1 1.4 -0.1 -0.3 0.0 0.3 49 Printed material.................................... 0.659 109.8 109.2 5.7 1.2 0.3 0.3 -0.5 XI TEXTILE AND TEXTILE ARTICLES.............................. 3.001 100.6 101.0 3.8 -1.1 1.1 -0.4 0.4 52 Cotton, including yarns and woven fabrics thereof... 0.847 105.0 105.4 19.0 -4.7 3.8 -0.6 0.4 61 Apparel & clothing knitted or crocheted (200112=100).................... 0.501 94.9 94.9 -0.8 0.0 -0.8 0.0 0.0 62 Apparel Articles & Accessories, not knitted......... 0.381 95.6 95.6 -1.0 0.0 0.0 0.0 0.0 2/ Other textile and textile articles (200112=100)..... 1.272 105.1 105.8 -0.3 -0.2 0.3 -0.5 0.7 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.810 98.7 99.2 -0.3 0.0 0.1 0.1 0.5 70 Glass and glassware................................. 0.493 96.6 96.5 -0.4 0.0 0.1 0.1 -0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.254 100.5 100.0 6.4 1.7 2.0 0.9 -0.5 XV BASE METALS AND ARTICLES OF BASE METALS................... 4.641 112.0 115.5 15.7 1.4 3.0 3.8 3.1 72 Iron and steel...................................... 1.024 134.6 140.6 39.1 5.4 8.0 6.4 4.5 73 Articles of iron or steel........................... 1.225 106.6 108.1 3.9 0.0 1.3 0.7 1.4 74 Copper and articles thereof......................... 0.403 119.6 132.4 41.9 1.6 6.9 7.3 10.7 76 Aluminum and articles thereof....................... 0.793 103.7 107.1 11.4 1.2 1.9 3.5 3.3 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.405 101.2 100.8 0.6 0.0 0.0 0.0 -0.4 83 Miscellaneous articles of base metal................ 0.461 108.5 108.5 3.3 0.0 0.4 0.2 0.0 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 34.156 95.1 95.3 -1.0 0.1 0.0 0.3 0.2 84 Machinery and mechanical appliances; parts thereof.. 18.878 100.0 100.3 1.2 0.3 0.0 0.3 0.3 85 Electrical machinery and equipment and parts and accessories thereof............ 15.278 89.5 89.8 -3.5 -0.1 -0.1 0.2 0.3 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 14.737 105.9 105.9 1.7 0.1 0.3 0.1 0.0 87 Motor vehicles and their parts...................... 9.197 101.9 101.8 0.9 -0.1 0.3 0.1 -0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.187 101.5 101.5 0.7 0.0 -0.2 0.2 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.502 99.4 99.4 -1.1 0.0 -1.3 -0.1 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.846 102.7 102.7 1.2 0.0 -0.3 0.1 0.0 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.507 96.1 95.9 -3.0 0.0 -1.9 -0.3 -0.2 1 Relative importance figures are based on 2002 trade values. 2 Product categories included in this group have been modified due to concordance or coverage limitations. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin, March 2003-March 2004 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage March Nov. Dec. Jan. Feb. Description of 2003 2003 2003 2004 2004 U.S. February March to to to to to Imports 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 2/ Industrialized Countries............................ 49.276 102.9 103.6 3.6 0.6 1.5 1.4 0.7 Manufactured Goods............................. 45.418 101.6 102.2 4.5 0.2 0.7 1.5 0.6 Nonmanufactured Goods.......................... 3.591 124.1 124.8 -7.1 4.1 9.6 0.7 0.6 3/ Other Countries..................................... 50.724 95.5 96.7 0.0 0.6 1.4 0.1 1.3 Manufactured Goods............................. 43.453 95.0 95.4 -1.1 0.0 0.6 -0.1 0.4 Nonmanufactured Goods.......................... 7.173 113.5 119.4 5.4 3.2 5.5 1.0 5.2 Canada.............................................. 17.463 109.1 110.5 3.7 0.4 1.9 2.5 1.3 Manufactured Goods............................. 14.664 105.8 107.5 6.5 -0.5 -0.3 2.7 1.6 Nonmanufactured Goods.......................... 2.611 129.7 128.8 -10.0 4.7 11.9 1.6 -0.7 4/ European Union...................................... 18.739 106.8 107.4 4.1 0.4 1.6 0.8 0.6 Manufactured Goods............................. 18.224 107.0 107.4 4.0 0.3 1.5 0.8 0.4 Nonmanufactured Goods.......................... 0.458 121.8 127.7 7.5 2.0 4.7 -2.1 4.8 5/ Latin America....................................... 17.761 105.3 107.0 2.1 2.0 2.3 0.3 1.6 Manufactured Goods............................. 14.150 107.2 108.0 -0.2 1.6 1.2 0.1 0.7 Nonmanufactured Goods.......................... 3.575 117.4 122.2 9.4 3.6 5.6 1.2 4.1 Japan............................................... 10.651 95.1 95.1 0.7 0.5 0.3 0.1 0.0 6/ Asian Newly Industrialized Countries................ 8.019 89.6 89.6 -1.8 0.0 -1.0 -0.4 0.0 1 Percentage of trade figures are based on 2002 trade values. 2 Defined according to the BEA definition for Industrialized Countries which includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa. 3 Defined according to the BEA definition for Other Countries, which includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere. 4 Includes European Union countries. 5 Includes Mexico, Central America, South America and the Caribbean. 6 Includes Hong Kong, Singapore, South Korea and Taiwan. NOTES: Data may be revised in each of the three months after original publication. Regions are not mutually exclusive. n.a. Not available Table 8 U.S. Import and Export Quarterly Price Indexes and Percent Changes for Selected Categories of Services March 2003-March 2004 2000 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 2003 2003 2003 2003 2003 of December March to to to to to Dollars) 2003 2004 March June Sept. Dec. March 1/ 2004 2003 2003 2003 2004 IMPORT Air Freight....................................... 4168 114.9 117.1 6.3 1.2 4.8 -1.6 1.9 Europe (200312=100)........................ 1407 100.0 106.0 n.a. n.a. n.a. n.a. 6.0 Asia....................................... 2329 110.4 110.0 4.3 -1.4 10.8 -4.2 -0.4 EXPORT Air Freight....................................... 2836 95.4 97.1 0.8 -1.1 -0.1 0.3 1.8 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised one quarter after original publication. n.a. Not available Table 9 U.S. Import and Export Monthly Price Indexes and Percent Changes for Selected Categories of Services March 2003-March 2004 2000 = 100, unless otherwise noted Index Percent Change Annual Monthly Trade March Nov. Dec. Jan. Feb. Description (Mil. 2003 2003 2003 2004 2004 of February March to to to to to Dollars) 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 IMPORT Air Passenger Fares............................... 18253 103.9 103.6 -4.6 0.9 -0.2 -2.7 -0.3 Europe..................................... 11250 96.1 96.6 -5.5 -1.5 0.1 0.1 0.5 Asia....................................... 2626 102.8 100.8 -6.2 8.7 -7.3 -6.6 -1.9 Latin America / Caribbean.................. 1916 107.7 109.6 0.4 1.7 6.7 -6.8 1.8 EXPORT Air Passenger Fares............................... 20319 123.3 123.2 13.7 0.0 7.9 -3.5 -0.1 Europe..................................... 5394 148.8 151.0 19.8 0.5 5.6 0.7 1.5 Asia....................................... 8936 107.5 107.1 10.1 -1.1 11.0 -6.4 -0.4 Latin America / Caribbean.................. 3413 132.2 128.9 10.5 0.6 10.4 -5.8 -2.5 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. Inbound and Outbound Quarterly Price Indexes and Percent Changes for Selected Categories of Services March 2003-March 2004 2000 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 2003 2003 2003 2003 2003 of December March to to to to to Dollars) 2003 2004 March June Sept. Dec. March 1/ 2004 2003 2003 2003 2004 INBOUND Air Freight....................................... 7483 112.9 116.2 6.8 0.6 2.8 0.4 2.9 Europe (200312=100).......................... 2466 100.0 107.0 n.a. n.a. n.a. n.a. 7.0 Asia......................................... 4180 107.1 107.2 3.5 -2.5 7.1 -1.0 0.1 Ocean Liner Freight............................... 17817 117.8 118.9 26.5 23.5 0.1 1.4 0.9 U.S. East Coast.............................. 6938 110.6 114.6 14.6 8.4 -1.3 3.4 3.6 From Atlantic.......................... 3022 113.1 121.6 16.7 1.2 0.0 7.3 7.5 From Pacific........................... 2817 109.6 110.8 21.6 21.1 0.0 -0.6 1.1 U.S. West Coast.............................. 10879 123.0 122.5 35.2 34.1 1.0 0.2 -0.4 OUTBOUND Air Freight....................................... 5193 94.9 96.2 -1.0 -1.9 0.1 -0.6 1.4 Europe (200312=100).......................... 1998 100.0 102.0 n.a. n.a. n.a. n.a. 2.0 Asia......................................... 2365 95.4 96.0 -1.6 -2.4 0.4 -0.3 0.6 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised one quarter after original publication. n.a. Not available Table 11 U.S. Inbound and Outbound Monthly Price Indexes and Percent Changes for Selected Categories of Services March 2003-March 2004 2000 = 100, unless otherwise noted Index Percent Change Annual Monthly Trade March Nov. Dec. Jan. Feb. Description (Mil. 2003 2003 2003 2004 2004 of February March to to to to to Dollars) 2004 2004 March Dec. Jan. Feb. March 1/ 2004 2003 2004 2004 2004 INBOUND Air Passenger Fares (200312=100).................. 38589 104.4 105.1 n.a. n.a. 7.7 -3.1 0.7 Europe (200312=100).......................... 15654 106.3 108.0 n.a. n.a. 5.8 0.5 1.6 Asia (200312=100)............................ 12401 103.6 105.1 n.a. n.a. 10.8 -6.5 1.4 Latin America / Caribbean (200312=100)....... 5604 103.8 101.2 n.a. n.a. 10.0 -5.6 -2.5 Canada (200312=100).......................... 2905 99.3 97.8 n.a. n.a. 0.3 -1.0 -1.5 Crude Oil Tanker Freight.......................... 3434 n.a. n.a. n.a. 8.5 47.0 n.a. n.a. OUTBOUND Air Passenger Fares (200312=100).................. 43898 99.8 99.3 n.a. n.a. 1.0 -1.2 -0.5 Europe (200312=100).......................... 21857 101.3 101.2 n.a. n.a. 0.2 1.1 -0.1 Asia (200312=100)............................ 7190 94.4 94.6 n.a. n.a. -0.9 -4.7 0.2 Latin America / Caribbean (200312=100)....... 9206 99.9 99.5 n.a. n.a. 2.3 -2.3 -0.4 Canada (200312=100).......................... 2982 99.1 99.1 n.a. n.a. 4.2 -4.9 0.0 1 Trade dollar values are based on 2000 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with a two-year lag in the weights. The merchandise price indexes are published using three classifications: the Harmonized System (HS), the Bureau of Economic Analysis End Use System, and the Standard International Trade Classification (SITC) system, Rev. 3. Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and International (which represent transactions inbound to and outbound from the U.S.). Published series use a base year of 2000=100 where possible. More detailed index series and additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101. Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin using a nomenclature based upon the North American Industry Classification System (NAICS). Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Services Price Indexes -- The Air Passenger Fares Indexes are calculated from data collected from a commercial airline reservation system. These data exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from companies. The trade dollar figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Fact sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation". Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the three months after original publication and quarterly data may be revised one quarter after original publication. Uses of the Data -- The primary use of the indexes is to deflate trade statistics. For merchandise trade, the End Use classification system is the structure used by the U.S. Department of Commerce in the construction of the foreign trade sector of the National Income and Product Accounts. Indexes published using the Harmonized System and the Standard International Trade Classification, Rev. 3, both international structures, are useful for general market analysis. For trade in international services, Balance of Payments indexes are used for deflating National Accounts data, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. The import and export news release contains monthly price indexes at the two-digit level of detail. If you would like to be added to the mailing list for more detailed tables, please fill out the form below and mail or fax it to the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212 Phone Number: (202) 691-7101 Fax Number: (202) 691-7195 IPP data are also available on the IPP home page (http://www.bls.gov/mxp). To access data using Anonymous FTP, use the Internet address (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). 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