TEXT Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 Table 7 U.S. Import Price Indexes and Percent Changes by Country of Origin, March 1993-March 1994 Table 8 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. Table 9 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. Technical Information Bill Alterman (202) 606-7108 USDL-94-224 For release: 10:00 A.M. E.D.T. Media contact: Thursday, April 28, 1994 Kathryn Hoyle (202) 606-5902 U.S. IMPORT AND EXPORT PRICE INDEXES -MARCH 1994- The U.S. Import Price Index was unchanged in March as price decreases for petroleum imports were offset by price increases among nonpetroleum items, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. In March, the U.S. Export Price Index edged up 0.2 percent. 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 Export Exports 1993 March 0.5 3.2 0.2 -0.1 -0.3 -0.1 April 0.5 2.0 0.3 0.3 0.3 0.2 May 0.3 -0.4 0.4 0.3 1.0 0.3 June -0.5 -4.4 0.0 -0.3 -2.9 0.1 July -0.6 -6.1 0.1 0.2 5.2 -0.5 August 0.0 -1.6 0.1 0.0 0.3 0.0 September 0.0 -1.1 0.2 -0.1 -0.6 -0.1 October 0.5 1.4 0.4 -0.1 -0.2 0.0 November -0.5 -5.1 -0.1 0.2 2.4 -0.1 December -1.0 -11.0 0.1 0.3 2.9 0.0 1994 January 0.1 -2.1 r 0.2 0.7 2.5 0.4 r February 0.3 r 5.5 r 0.0 r 0.0 -1.4 0.2 r March 0.0 -3.3 0.3 0.2 0.7 0.1 March 1992-93 0.9 7.8 0.1 0.4 -2.7 1.0 March 1993-94 -0.9 -24.0 2.0 1.7 10.5 0.6 r = revised to reflect late reports and corrections by respondents. Import Goods The moderation in import prices in March followed increases of 0.1 percent in January and 0.3 percent in February. For the 12 months ended in March, however, import prices were down 0.9 percent, on average. Petroleum prices resumed a nearly year-long slide in March, declining 3.3 percent after rising 5.5 percent in February. During the past year, the index for imported petroleum prices has fallen 24.0 percent. In contrast, the index for nonpetroleum import prices rose 0.3 percent in March after being unchanged in February. For the year ended in March, nonpetroleum prices increased 2.0 percent on average. The March increase in prices of nonpetroleum imports was highlighted by a turnaround in the index for industrial supplies and materials excluding petroleum--which rose 0.8 percent after slipping 0.1 percent in February--as well as a 0.9 percent advance in the index for foods, feeds, and beverages, which had declined 0.7 percent during the previous month. In addition, prices for capital goods and for automotive vehicles both rose 0.2 percent in March, after dipping by the same amount in the preceding month. In contrast, the index for consumer goods, excluding automotives, was unchanged in March after increasing 0.2 percent in February. Export Goods The increase in the index for export prices during March followed no change in the previous month and was led by a resumption of the recent upward trend in the index for agricultural exports--which edged up 0.7 percent in March after dropping 1.4 percent in February. In each of the 3 preceding months, agricultural prices had advanced more than 2.0 percent. The 0.1 percent March increase in prices of nonagricultural exports followed slightly larger increases in the 2 preceding months. During the year ended in March, export prices rose 1.7 percent, which was attributable primarily to the 10.5 percent rise in prices for agricultural exports. Serving to dampen export prices in March was the continued moderating influence of the index for prices of capital goods (the largest component of U.S. exports), which edged down 0.1 percent for the fourth month in a row. In addition, prices for exported consumer goods, excluding automotives, dropped 0.3 percent in March after moving higher during the 2 preceding months. In contrast, the index for automotive prices, which was unchanged in February, rose 0.3 percent in March, while the index for nonagricultural industrial supplies and materials edged up 0.2 percent, a somewhat smaller increase than in the 2 preceding months. Imports by Country or Region of Origin After 3 months of comparatively little movement, prices of goods imported from Japan rose 0.6 percent in March, marking the largest 1-month advance in this index since September. For the year ended in March, prices of Japanese imports were up 6.7 percent. Smaller price increases were posted in March for imports from the European Community, up 0.3 percent, and Canada, up 0.2 percent. Overall, however, both of these series registered decreases during the 12-month period ended in March. In contrast, prices for goods from the Asian Newly Industrialized Countries fell 0.2 percent in March after edging down 0.3 percent in February. During the year ended in March, this index declined 0.9 percent. International Services Air Transportation The U.S. Carrier and Foreign Carrier Air Passenger Fares Indexes posted slight increases of 1.5 percent and 0.8 percent during the first quarter of 1994. These gains were primarily attributable to modest increases in the Pacific and Latin American/Caribbean regions. Ocean Transportation The Inbound Crude Tanker Index continued to fall this quarter, down 3.9 percent. This decline was primarily associated with an 11.2 percent drop in the index for the Atlantic region, while prices in the Gulf region edged down 0.9 percent. After four consecutive quarterly declines, the Inbound Ocean Liner Freight Index rebounded with a 1.3 percent increase during the first quarter of 1994. The U.S. East Coast Region and the U.S. West Coast Region contributed to this turnaround, advancing 2.3 percent and 0.2 percent, respectively. CONTENTS OF RELEASE This news release includes the following tables: Table 1 Import Price Indexes, by End Use.....page 4 Table 2 Export Price Indexes, by End Use.....page 5 Table 3 Import Price Indexes, by SITC.....pages 6-7 Table 4 Export Price Indexes, by SITC.....page 8-9 Table 5 Import Price Indexes, by Harmonized System.....pages 10-11 Table 6 Export Price Indexes, by Harmonized System.....pages 12-13 Table 7 Import Price Indexes, by Country of Origin.....page 14 Table 8 U.S. International Price Indexes for Services.....page 15 Table 9 U.S. Import and Export Price Indexes for Services.....page 16 ------------------------------------------------------------------- April Import and Export Price Index data will be released May 27, at 10:00 a.m. (EDT) Beginning with the release of January 1994 data, the Bureau significantly expanded the number of import and export indexes available on a monthly basis. In addition to the 57 new series which were incorporated into the monthly release, approximately 400 additional monthly indexes also are available on request. For ordering information, please see the Technical Note or the IPP Order Form in the back of this release. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are weighted with 1990 trade 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 represents transactions between U.S. and foreign residents) and International (which represents all transactions with U.S. importers or exporters, regardless of nationality). Published series use a base year of 1990=100 where possible. Exceptions are for the recently instituted HS indexes, which use a base of December 1992=100. Net transaction price data are collected every 3 months for approximately 22,000 products from over 9,000 companies and secondary sources. Approximately two-thirds of the items are also repriced in the intervening months. (Current plans call for all items to be repriced monthly by 1996.) Indexes are not seasonally adjusted. Historical index series and additional information may be obtained from the Division of International Prices, Bureau of Labor Statistics, 2 Massachusetts Avenue NE, PSB 3955, Washington, D.C. 20212, (202) 606-7108. Import Price Indexes -- Products have been classified by the 1990 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. The index for import electrical energy is lagged one month. Export Price Indexes -- Products have been classified by the 1990 Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free on board" (f.o.b.) factory or "free alongside ship" (f.a.s.) 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 Country of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Prior to January 1993, nonmanufactured goods were defined as SITC 0-4 and manufactured goods were defined as SITC 5-8. Beginning with January 1993, the indexes are weighted by country or region of origin using a nomenclature based upon the Standard Industrial Classification (SIC-Based). Nonmanufactured goods are defined as SIC 0-1, and manufactured goods are defined as SIC 2-3. The indexes use a base of December 1990=100. Import, Export, and International Services Indexes -- Indexes are updated on a quarterly basis. The figures for services indexes will not sum up to the aggregate dollar value because not all categories are shown in the tables. Revenue figures for air passenger indexes exclude frequent flyer tickets and those sold by consolidators. Indexes for crude oil tanker freight are calculated from data collected by the U. S. Department of Energy and represent the second month of the quarter. Revision policy -- Data are revised for the previous 3 months to reflect the availability of late reports and corrections by respondents. 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 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 can also 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 historical 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) 606-7108 Fax Number: (202) 606-7179 ----------------------------------------------- IPP Order Form Please add my name to the mailing list for the following detailed historical index listings. 1. Harmonized System Indexes ______ 2. SITC Indexes ______ 3. BEA End-Use Indexes ______ Name___________________________________________ Address________________________________________ _______________________________________________ _______________________________________________ _______________________________________________ Phone Number ( ) ___________________ Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. END Description 1993 1993 1993 1994 1994 USE February February March to to to to to 1994 1994 1994 March Dec. Jan. Feb. March 1/ 2/ 1994 1993 1994 1994 1994 ALL COMMODITIES 100.000 99.3 99.3 -0.9 -1.0 0.1 0.3 0.0 ALL IMPORTS EXCLUDING PETROLEUM 91.461 104.2 104.5 2.0 0.1 0.2 0.0 0.3 0 FOODS, FEEDS, & BEVERAGES 5.730 104.7 105.6 5.8 0.2 0.6 -0.7 0.9 00 Agricultural foods, feeds & beverages, excluding distilled beverages 3.950 100.0 101.0 5.5 0.2 0.7 -1.2 1.0 01 Nonagricultural foods (fish, distilled beverages) 1.780 116.6 117.4 6.9 0.1 0.3 0.6 0.7 1 INDUSTRIAL SUPPLIES & MATERIALS 25.890 84.2 83.8 -9.0 -3.4 -0.2 1.7 -0.5 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM 17.351 97.2 98.0 0.3 0.8 0.6 -0.1 0.8 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 9.286 98.4 99.5 1.1 1.0 1.3 -0.2 1.1 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM 8.065 96.2 96.8 -0.5 0.7 -0.2 -0.1 0.6 10 Fuels & lubricants 9.390 66.8 64.8 -21.9 -9.3 -2.0 4.7 -3.0 100 Petroleum & petroleum products 8.462 63.7 61.6 -24.0 -11.0 -2.1 5.5 -3.3 10000 Crude 5.597 58.9 56.8 -28.4 -11.9 -1.4 3.0 -3.6 10400 Electrical energy 0.077 88.2 89.3 -6.6 2.0 0.5 2.3 1.2 11 Paper & paper base stocks 1.877 83.0 84.1 -2.9 0.1 0.1 -0.5 1.3 12 Materials associated with nondurable supplies & materials 5.597 100.7 101.3 -0.7 -0.7 -0.1 0.6 0.6 13 Selected building materials 2.027 129.2 132.9 0.7 5.2 0.4 -4.4 2.9 14 Unfinished metals associated with durable goods 4.163 88.3 89.3 2.6 0.2 3.0 1.8 1.1 16 Nonmetals associated with durable goods 1.339 97.1 96.9 -2.5 -0.5 -0.3 -0.1 -0.2 2 CAPITAL GOODS 25.230 103.7 103.9 1.2 -0.3 0.1 -0.2 0.2 20 Electric & electrical generating equipment 3.093 104.4 105.2 1.3 -0.2 -0.2 -0.3 0.8 21 Nonelectrical machinery 19.478 102.8 102.9 0.9 -0.3 -0.1 -0.2 0.1 22 Transportation equipment excluding motor vehicles & spacecraft (9212=100) 2.662 104.1 104.5 3.0 -0.5 1.8 0.1 0.4 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 20.370 109.9 110.1 4.1 0.0 0.4 -0.2 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 22.780 105.4 105.4 1.1 -0.1 -0.1 0.2 0.0 40 Nondurables, manufactured 10.752 104.7 104.8 0.4 -0.3 0.0 -0.1 0.1 41 Durables, manufactured 10.757 105.1 105.3 1.4 -0.1 0.0 -0.1 0.2 42 Nonmanufactured consumer goods 1.271 114.9 110.7 2.7 1.1 -0.2 5.0 -3.7 1 Relative importance figures are based on n.a. Not available 1990 trade values. 2 Data for December 1993, January and February 1994 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. END Description 1993 1993 1993 1994 1994 USE February February March to to to to to 1994 1994 1994 March Dec. Jan. Feb. March 1/ 2/ 1994 1993 1994 1994 1994 ALL COMMODITIES 100.000 102.6 102.8 1.7 0.3 0.7 0.0 0.2 AGRICULTURAL COMMODITIES 11.814 107.1 107.8 10.5 2.9 2.5 -1.4 0.7 NONAGRICULTURAL COMMODITIES 88.186 102.2 102.3 0.6 0.0 0.4 0.2 0.1 0 FOODS, FEEDS, & BEVERAGES 10.330 107.4 108.4 10.3 3.0 2.8 -2.8 0.9 00 Agricultural foods, feeds & beverages, excluding distilled beverages 9.441 108.9 109.5 11.2 3.1 2.8 -2.9 0.6 01 Nonagricultural foods (fish, distilled beverages) 0.889 90.9 96.1 1.9 1.0 1.8 -1.8 5.7 1 INDUSTRIAL SUPPLIES & MATERIALS 28.050 97.5 97.8 2.0 0.2 1.1 1.5 0.3 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE 11.646 108.5 108.5 3.4 0.5 1.8 1.1 0.0 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE 16.404 92.0 92.4 1.0 0.0 0.6 1.8 0.4 10 Agricultural industrial supplies & materials 2.373 101.0 102.1 7.7 1.7 1.5 5.4 1.1 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS 25.677 97.2 97.4 1.5 0.1 1.1 1.1 0.2 11 Fuels & lubricants 3.276 88.7 87.3 -1.5 -2.3 0.1 3.3 -1.6 12 Nonagricultural supplies & materials excluding fuels & building materials 19.296 93.9 94.4 1.2 0.4 0.9 0.9 0.5 13 Selected building materials 3.105 149.1 149.5 6.6 0.6 2.8 0.9 0.3 2 CAPITAL GOODS 39.180 104.5 104.4 0.0 -0.1 -0.1 -0.1 -0.1 20 Electric & electrical generating equipment 3.918 105.1 105.1 0.5 0.2 0.1 -0.4 0.0 21 Nonelectrical machinery 29.279 102.3 102.1 -0.7 -0.2 -0.2 -0.1 -0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES 10.730 106.1 106.4 0.9 0.1 0.4 0.0 0.3 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES 11.710 108.1 107.8 0.3 -0.2 0.4 0.1 -0.3 40 Nondurables, manufactured 6.061 110.2 110.0 0.5 -0.6 0.5 0.2 -0.2 41 Durables, manufactured 5.094 105.8 105.5 0.2 0.3 0.3 -0.1 -0.3 42 Nonmanufactured consumer goods 0.555 100.8 100.5 -0.9 -0.1 0.1 0.0 -0.3 1 Relative importance figures are based on n.a. Not available 1990 trade values. 2 Data for December 1993, January and February 1994 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. SITC Description 1993 1993 1993 1994 1994 Rev. 3 February February March to to to to to 1994 1994 1994 March Dec. Jan. Feb. March 1/ 2/ 1994 1993 1994 1994 1994 ALL COMMODITIES 100.000 99.3 99.3 -0.9 -1.0 0.1 0.3 0.0 0 FOOD AND LIVE ANIMALS 4.740 101.8 103.1 5.6 0.0 0.5 -0.8 1.3 01 Meat and meat preparations 0.588 93.8 96.4 0.6 -2.1 -1.2 1.0 2.8 03 Fish, crustaceans, aquatic invertebrates and preparations thereof 1.274 115.8 116.6 8.4 0.1 0.5 1.0 0.7 04 Cereals and cereal preparations 0.187 99.5 99.5 -1.4 2.0 0.2 -0.5 0.0 05 Vegetables and fruit, prepared fresh or dried 1.210 98.6 100.1 3.0 -1.9 2.5 -5.4 1.5 06 Sugars, sugar preparations and honey 0.271 96.8 96.9 3.0 -1.1 0.3 0.1 0.1 07 Coffee, tea, cocoa, spices and manufactures thereof 0.721 101.5 103.0 21.6 4.4 -1.2 1.1 1.5 1 BEVERAGES AND TOBACCO 1.090 111.6 112.2 -0.3 0.0 -0.8 -0.2 0.5 11 Beverages 0.900 111.6 112.1 -0.1 0.0 0.0 -0.7 0.4 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 3.230 105.0 105.1 1.1 3.6 1.3 1.4 0.1 23 Crude rubber (including synthetic and reclaimed) 0.257 100.8 103.3 -2.6 0.8 1.1 1.7 2.5 24 Cork and wood 1.080 161.2 166.9 2.7 9.0 2.9 -7.9 3.5 25 Pulp and waste paper 0.371 60.3 61.6 -6.0 -0.7 2.2 1.0 2.2 27 Crude fertilizers 0.207 82.3 80.9 -2.2 n.a. -1.3 -0.7 -1.7 28 Metalliferous ores and metal scrap 0.744 87.8 89.6 0.1 -0.6 -0.2 5.8 2.1 29 Crude animal and vegetable materials, n.e.s. 0.388 145.8 121.8 7.9 4.7 -0.5 27.0 -16.5 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 8.970 65.6 63.6 -22.6 -9.8 -2.0 5.0 -3.0 33 Petroleum, petroleum products and related materials 8.205 63.9 61.8 -24.3 -11.3 -1.9 5.4 -3.3 34 Gas, natural and manufactured 0.613 91.6 90.7 1.5 10.4 -2.0 -0.7 -1.0 35 Electrical energy 0.088 88.2 89.3 -6.6 2.0 0.5 2.3 1.2 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES 0.210 124.5 123.5 3.1 4.3 6.5 -2.6 -0.8 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 4.810 101.0 101.3 -0.8 -0.8 -0.3 0.0 0.3 51 Organic chemicals 1.419 91.8 92.6 -1.1 n.a. -0.8 0.0 0.9 52 Inorganic chemicals 0.680 99.1 99.6 -2.4 -0.6 -0.2 -0.9 0.5 53 Dyeing, tanning and coloring materials (9212=100) 0.302 103.4 101.0 1.8 -1.2 0.7 2.8 -2.3 54 Medicinal and pharmaceutical products 0.628 117.8 117.5 5.4 -0.7 0.1 0.9 -0.3 55 Essential oils; polishing and cleansing preps 0.306 108.2 107.9 -1.4 -0.2 -1.2 -0.4 -0.3 56 Fertilizers 0.203 100.7 102.2 -0.2 -1.4 0.5 -0.3 1.5 57 Plastics in primary forms (9212=100) 0.272 100.7 100.8 -0.2 -0.1 1.6 -0.6 0.1 58 Plastics in nonprimary forms (9212=100) 0.525 95.8 95.3 -4.0 -1.2 -1.1 -0.6 -0.5 59 Chemical materials and products, n.e.s. 0.475 101.3 102.5 -3.5 -0.4 -0.4 0.0 1.2 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 12.530 98.7 99.3 0.4 0.0 0.4 0.5 0.6 62 Rubber manufactures, n.e.s. 0.767 102.1 102.1 -1.8 -0.2 -0.2 -0.9 0.0 64 Paper, paperboard, and articles of paper pulp, paper or paper board 1.674 92.9 94.0 -2.3 0.2 -0.7 -0.6 1.2 65 Textile yarn, fabrics, made-up articles, n.e.s., and related product 1.456 107.4 106.8 -0.6 n.a. 0.1 1.1 -0.6 66 Nonmetallic mineral manufactures, n.e.s. 2.260 107.8 107.9 1.0 -0.6 -0.5 0.4 0.1 67 Iron and steel 2.057 98.3 98.6 2.2 n.a. -0.1 0.5 0.3 68 Nonferrous metals 1.640 78.8 80.2 0.2 0.7 5.8 3.0 1.8 69 Manufactures of metals, n.e.s. 1.967 104.0 103.8 0.4 0.6 0.0 0.1 -0.2 7 MACHINERY AND TRANSPORT EQUIPMENT 46.600 106.2 106.4 2.4 -0.1 0.2 -0.2 0.2 72 Machinery specialized for particular industries 2.982 107.7 108.3 2.2 -1.0 0.3 0.1 0.6 73 Metalworking machinery 0.857 109.2 109.1 3.8 n.a. -0.4 0.7 -0.1 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 3.337 107.8 108.3 2.8 -0.5 0.5 -0.5 0.5 75 Computer equipment and office machines 5.093 88.7 88.2 -5.9 0.3 -0.4 -0.4 -0.6 76 Telecommunications & sound recording & reproducing apparatus & equipment 4.641 97.6 97.4 0.3 0.0 -0.3 -0.3 -0.2 77 Electrical machinery and equipment 7.503 104.7 105.5 3.3 -0.3 -0.3 -0.4 0.8 78 Road vehicles 17.261 111.7 111.9 4.7 0.1 0.4 -0.1 0.2 8 MISCELLANEOUS MANUFACTURED ARTICLES 17.600 105.0 105.1 1.0 n.a. 0.2 -0.2 0.1 82 Furniture and parts thereof 1.098 103.3 103.5 0.1 n.a. 0.3 0.1 0.2 83 Travel goods, handbags and similar containers 0.491 103.9 105.5 -0.1 n.a. -0.5 -1.3 1.5 84 Articles of apparel and clothing accessories 5.509 101.6 101.8 0.3 n.a. 0.2 -0.4 0.2 85 Footwear 2.024 99.7 99.6 -1.0 -0.3 -0.2 -0.2 -0.1 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 1.480 112.8 111.5 3.0 n.a. 0.9 1.3 -1.2 88 Photographic apparatus, equipment and supplies and optical goods, n.e.s.; 1.514 108.3 108.6 3.6 -0.5 -0.1 -0.3 0.3 89 Miscellaneous manufactured articles, n.e.s. 5.218 108.4 108.5 1.3 n.a. 0.3 -0.2 0.1 971 Gold, nonmonetary (excluding gold ores and concentrates) (9212=100) 0.230 114.0 112.8 13.1 n.a. 3.9 -1.4 -1.1 1 Relative importance figures are based on n.a. Not available. 1990 trade values. 2 Data for December 1993, January and February 1994 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separetely Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 1990=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance March Nov. Dec. Jan. Feb. SITC Description 1993 1993 1993 1994 1994 Rev. 3 February February March to to to to to 1994 1994 1994 March Dec. Jan. Feb. March 1/ 2/ 1994 1993 1994 1994 1994 ALL COMMODITIES 100.000 102.6 102.8 1.7 0.3 0.7 0.0 0.2 0 FOOD AND LIVE ANIMALS 8.900 107.4 108.5 9.0 2.2 2.7 -3.0 1.0 01 Meat and meat preparations 0.942 106.3 110.1 1.4 -0.2 -0.4 -0.4 3.6 03 Fish, crustaceans, aquatic invertebrates and preparations 0.704 88.0 94.3 2.1 n.a. 1.9 -2.2 7.2 04 Cereals and cereal preparations 3.904 112.3 112.0 15.7 4.6 5.8 -4.6 -0.3 05 Vegetables, fruit and nuts, fresh or dried 1.694 111.2 112.2 8.3 -1.5 -0.4 -2.3 0.9 08 Feeding stuff for animals (not including unmilled cereals) 0.863 107.1 106.9 6.9 n.a. 0.4 -2.9 -0.2 1 BEVERAGES AND TOBACCO 2.250 113.5 113.3 0.5 n.a. 0.6 0.0 -0.2 2 CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS 7.850 103.4 104.8 7.9 2.7 2.4 2.3 1.4 21 Hides, skins and furskins, raw 0.419 86.7 91.3 11.2 1.4 -0.9 1.8 5.3 22 Oil seeds and oleaginous fruits 1.203 112.3 112.4 17.3 7.6 3.0 -2.7 0.1 23 Crude rubber (including synthetic and reclaimed) 0.236 92.8 92.9 -6.3 -1.4 -1.3 0.4 0.1 24 Cork and wood 2.199 153.3 153.9 4.8 1.3 3.1 1.3 0.4 25 Pulp and waste paper 0.796 71.5 76.7 7.1 3.5 1.5 4.7 7.3 26 Textile fibers and their waste 1.038 97.2 97.6 15.0 2.7 4.8 11.7 0.4 27 Crude fertilizers and crude minerals 0.410 95.8 95.0 0.1 1.4 -0.3 -1.2 -0.8 28 Metalliferous ores and metal scrap 1.247 89.7 90.6 9.3 1.1 3.6 1.6 1.0 3 MINERAL FUELS, LUBRICANTS AND RELATED MATERIALS 2.910 85.5 84.0 -3.9 -3.3 0.2 4.3 -1.8 32 Coal, coke and briquettes 1.268 94.2 95.4 0.2 0.1 0.0 0.2 1.3 33 Petroleum, petroleum products and related materials 1.502 76.6 73.1 -6.4 -6.5 1.0 7.7 -4.6 4 ANIMAL AND VEGETABLE OILS, FATS AND WAXES 0.360 109.3 108.8 11.4 5.3 4.2 -0.6 -0.5 5 CHEMICALS AND RELATED PRODUCTS, N.E.S. 10.360 96.0 96.3 0.3 0.3 0.4 0.2 0.3 51 Organic chemicals 2.524 87.5 88.3 -2.0 n.a. -0.1 -0.1 0.9 53 Dyeing, tanning and coloring materials (9312=100) 0.493 103.2 101.8 n.a. n.a. 0.2 3.0 -1.4 54 Medicinal and pharmaceutical products 1.242 108.9 108.9 3.0 n.a. 0.5 0.2 0.0 55 Essential oils; polishing and cleansing preps 0.582 105.3 106.6 2.7 0.1 0.1 0.3 1.2 57 Plastics in primary forms (9212=100) 1.687 101.2 101.7 1.8 0.7 0.4 0.3 0.5 58 Plastics in nonprimary forms (9212=100) 0.708 98.0 98.3 -1.4 -0.2 0.0 0.5 0.3 59 Chemical materials and products, n.e.s. 1.619 107.4 108.1 3.0 0.2 1.6 0.0 0.7 6 MANUFACTURED GOODS CLASSIFIED CHIEFLY BY MATERIAL 9.540 102.8 103.1 1.4 -0.1 0.9 1.1 0.3 62 Rubber manufactures, n.e.s. 0.634 109.4 109.2 1.3 -0.4 1.1 -0.5 -0.2 64 Paper, paperboard, and articles of paper pulp, paper or paperboard 1.297 93.5 93.7 -2.4 -0.3 -0.1 0.5 0.2 66 Nonmetallic mineral manufactures, n.e.s. 1.341 107.0 107.5 3.4 -1.1 0.5 0.7 0.5 68 Nonferrous metals 1.256 86.5 87.8 2.6 0.6 3.4 5.9 1.5 69 Manufactures of metals, n.e.s. 1.778 107.4 107.6 1.7 n.a. 0.7 0.0 0.2 7 MACHINERY AND TRANSPORT EQUIPMENT 46.430 104.3 104.4 0.1 -0.1 -0.1 0.0 0.1 71 Power generating machinery and equipment 4.666 112.4 112.6 1.8 -0.3 0.3 0.3 0.2 72 Machinery specialized for particular industries 4.736 109.0 109.1 1.5 0.1 0.0 -0.2 0.1 73 Metalworking machinery 0.864 109.6 110.7 -0.1 n.a. -1.0 -0.1 1.0 74 General industrial machinery and equip- ment, n.e.s. and machine parts, n.e.s 4.871 110.1 109.9 1.9 -0.1 0.3 0.3 -0.2 75 Computer equipment and office machines 6.347 82.9 82.5 -7.1 -0.4 -1.3 -0.7 -0.5 76 Telecommunications & sound recording & reproducing apparatus & equipment 2.934 107.5 107.4 -0.6 0.1 -0.2 -0.8 -0.1 77 Electrical machinery and equipment 9.035 103.7 103.6 0.6 -0.2 0.0 0.2 -0.1 78 Road vehicles 8.919 105.8 106.2 1.0 0.1 0.3 0.0 0.4 8 MISCELLANEOUS MANUFACTURED ARTICLES 10.590 107.3 106.8 0.0 n.a. 0.4 0.0 -0.5 87 Professional, scientific and controlling instruments and apparatus, n.e.s. 3.843 112.0 111.5 1.8 -0.2 0.9 0.2 -0.4 89 Miscellaneous manufactured articles, n.e.s. 3.971 103.0 102.2 -2.2 n.a. 0.1 -0.3 -0.8 971 Gold, nonmonetary (excluding gold ores and concentrates) (9212=100) 0.800 113.6 111.2 13.2 n.a. 4.5 -0.6 -2.1 1 Relative importance figures are based on n.a. Not available. 1990 trade values. 2 Data for December 1993, January and February 1994 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. NOTE: Published categories may include price data not shown separately Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 December 1992=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance March Nov. Dec. Jan. Feb. nized Description 1993 1993 1993 1994 1994 System February February March to to to to to 1994 1994 1994 March Dec. Jan. Feb. March 1/ 2/ 1994 1993 1994 1994 1994 I LIVE ANIMALS; ANIMAL PRODUCTS 1.890 102.9 104.8 2.8 -0.4 0.0 0.8 1.8 02 Meat and edible meat offal 0.500 102.1 105.9 0.7 -2.4 -1.3 -0.1 3.7 03 Fish and crustaceans, molluscs and other aquatic invertebrates 1.003 106.6 107.8 6.9 0.3 0.5 1.1 1.1 II VEGETABLE PRODUCTS 1.680 104.9 103.6 9.9 1.6 1.8 0.8 -1.2 07 Edible vegetables and certain roots and tubers 0.260 90.2 95.8 10.1 -8.5 6.8 -20.2 6.2 08 Edible fruit and nuts; peel of citrus fruit or melons 0.442 93.7 94.5 -2.4 5.6 0.5 1.1 0.9 09 Coffee, tea, mate and spices 0.534 114.9 116.5 27.3 3.6 0.5 3.0 1.4 3/ Other vegetable products 0.444 117.9 104.8 4.7 n.a. 0.7 15.2 -11.1 III ANIMAL OR VEGETABLE FATS AND OILS 0.190 102.2 102.8 7.4 6.4 7.8 -3.4 0.6 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 2.590 100.9 101.0 3.5 0.0 -0.8 -0.1 0.1 16 Edible preps of meat, fish, and other aquatic invertebrates 0.283 106.4 105.7 6.8 0.1 0.3 -0.2 -0.7 17 Sugars and sugar confectionary 0.248 104.6 104.8 3.3 -1.2 0.5 0.1 0.2 18 Cocoa and cocoa preparations 0.212 106.7 108.7 13.1 6.5 -5.1 -2.9 1.9 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.392 96.1 94.6 6.3 -3.5 -0.8 2.2 -1.6 22 Beverages, spirits, and vinegar 1.061 99.4 99.9 -0.1 0.0 -0.1 -0.7 0.5 3/ Other prepared foodstuffs 0.395 99.4 100.1 0.8 0.9 -1.8 0.5 0.7 V MINERAL PRODUCTS 11.840 82.0 79.5 -22.3 -9.4 -1.9 4.6 -3.0 26 Ores, slag and ash 0.379 93.1 92.2 -3.6 0.0 0.0 2.0 -1.0 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 11.227 81.5 79.0 -23.0 -10.0 -1.9 4.8 -3.1 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 4.580 99.5 100.0 -0.3 -0.7 -0.4 0.1 0.5 28 Inorganic chemicals 0.914 96.6 97.0 -2.9 -0.4 -0.6 -0.5 0.4 29 Organic chemicals 1.722 100.6 101.5 1.1 -1.1 -0.7 0.4 0.9 31 Fertilizers 0.203 98.8 100.3 -0.1 -1.3 0.4 -0.3 1.5 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty 0.284 103.2 101.3 2.1 -1.3 1.0 2.2 -1.8 3/ Essential oils & perfumes; cleaning preps; glues & starches; & explosives 0.475 96.3 96.4 -4.5 -0.4 -1.2 -0.4 0.1 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 2.520 99.0 99.6 -0.3 -0.5 -0.1 -0.1 0.6 39 Plastics and articles thereof 1.466 98.1 98.5 -0.6 -0.9 -0.4 -0.2 0.4 40 Rubber and articles thereof 1.054 100.4 101.1 -0.1 n.a. 0.5 0.0 0.7 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC 1.110 99.4 101.6 0.9 0.2 -0.3 -0.9 2.2 42 Articles of leather; travel goods, bags, etc. of various materials 0.855 97.8 98.9 -1.9 -0.1 -0.4 -1.4 1.1 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 1.410 121.2 125.7 2.9 6.0 0.4 -5.1 3.7 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 2.650 95.4 96.3 -2.0 0.1 0.3 -0.3 0.9 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 0.499 81.7 83.5 -6.0 -0.5 2.0 0.9 2.2 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.793 98.4 99.5 -1.8 0.2 -0.6 -0.6 1.1 XI TEXTILE AND TEXTILE ARTICLES 6.360 99.9 99.8 -0.3 n.a. 0.1 0.2 -0.1 52 Cotton, including yarns and woven fabrics thereof 0.252 93.1 91.6 -5.3 n.a. 2.3 1.4 -1.6 61 Articles of apparel and clothing accessories, knitted or crocheted 1.687 100.3 100.1 -0.1 n.a. -0.4 0.0 -0.2 62 Articles of apparel and clothing accessories, not knitted or crocheted 3.154 99.5 99.7 -0.4 0.0 0.4 -0.2 0.2 63 Made-up or worn textile articles and clothing; needlecraft sets; rags 0.294 99.4 100.6 -0.4 n.a. -1.8 1.4 1.2 XII FOOTWEAR, HEADGEAR, UMBRELLAS, WHIPS, ARTIFICIAL FLOWERS, ETC. 2.240 98.6 98.5 -0.9 -0.4 -0.1 -0.3 -0.1 64 Footwear, gaiters and the like; parts of such articles 2.012 98.4 98.4 -0.9 n.a. -0.2 -0.3 0.0 3/ Headgear; umbrellas; whips; artif flwrs; prepared feathers; art. of human hair 0.228 100.6 99.5 -0.5 n.a. 0.0 0.0 -1.1 XIII STONE, PLASTER, CEMENT, ASBESTOS,CERAMIC GLASS ETC. 1.060 100.4 100.3 0.1 n.a. -0.8 0.5 -0.1 70 Glass and glassware 0.388 102.4 102.5 1.5 n.a. 0.1 0.7 0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.570 104.0 104.2 5.6 1.0 2.0 -0.5 0.2 XV BASE METALS AND ARTICLES OF BASE METAL 5.780 99.2 100.2 0.3 n.a. 1.2 1.5 1.0 72 Iron and steel 1.731 102.7 103.0 2.7 n.a. 0.0 0.8 0.3 73 Articles of iron or steel 1.421 100.9 100.7 0.5 n.a. 0.1 0.2 -0.2 76 Aluminum and articles thereof 0.763 98.1 104.7 2.3 n.a. 1.0 2.7 6.7 79 Zinc and articles thereof 0.198 86.5 85.9 -11.1 n.a. 3.6 -0.5 -0.7 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC. 26.600 100.2 100.3 0.7 -0.3 -0.1 -0.2 0.1 84 Specialized machinery 13.994 98.7 98.7 -0.4 -0.4 0.1 -0.2 0.0 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts 12.606 101.8 102.1 1.9 -0.3 -0.3 -0.3 0.3 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 17.900 104.6 104.8 4.4 0.1 0.6 -0.1 0.2 87 Motor vehicles and their parts 16.482 104.7 104.9 4.6 0.1 0.4 -0.1 0.2 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 3.530 104.9 104.8 4.3 -0.1 0.4 0.2 -0.1 90 Optical, photographic, measuring and medical instruments 2.968 104.8 104.9 4.1 n.a. 0.4 0.0 0.1 91 Clocks and watches and parts thereof 0.390 103.4 103.4 5.6 n.a. 0.8 -0.2 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES 3.460 99.7 100.2 0.3 n.a. -0.3 -0.3 0.5 94 Furniture; stuffed furnishings; lamps and lighting fittings nes; 1.355 99.0 99.2 0.1 n.a. 0.2 -0.1 0.2 95 Toys, games and sports equipment; parts and accessories thereof 1.814 100.3 100.5 0.4 n.a. -0.1 -0.5 0.2 96 Miscellaneous manufactured articles 0.292 99.4 103.0 0.9 n.a. -2.6 -0.3 3.6 1 Relative importance figures are based on 1990 trade values. 2 Data for December 1993, January and February 1994 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods, March 1993-March 1994 December 1992=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance March Nov. Dec. Jan. Feb. nized Description 1993 1993 1993 1994 1994 System February February March to to to to to 1994 1994 1994 March Dec. Jan. Feb. March 1/ 2/ 1994 1993 1994 1994 1994 I LIVE ANIMALS; ANIMAL PRODUCTS 1.870 98.1 103.1 0.9 1.0 0.5 -1.1 5.1 02 Meat & edible meat offal 0.835 98.8 102.5 1.3 0.0 -0.5 -0.7 3.7 03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.709 97.8 105.8 1.4 n.a. 2.6 -2.5 8.2 II VEGETABLE PRODUCTS 6.980 115.7 115.6 14.5 4.7 3.9 -3.7 -0.1 08 Edible fruit and nuts; peel of citrus fruit or melons 0.882 109.1 110.1 6.5 -2.9 -2.8 -3.2 0.9 10 Cereals 3.903 117.4 116.8 18.1 5.4 5.8 -4.6 -0.5 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder 1.501 120.3 120.7 16.4 7.7 2.8 -2.3 0.3 III ANIMAL OR VEGETABLE FATS AND OILS 0.410 114.0 114.0 14.9 6.2 4.5 -0.6 0.0 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO 3.960 101.6 101.7 3.0 0.0 0.4 -0.4 0.1 20 Preparations of vegetables, fruit, nuts, or other parts of plants 0.350 106.3 108.5 15.5 -2.3 0.6 0.4 2.1 22 Beverages, spirits, and vinegar 0.255 104.1 103.4 3.2 n.a. 0.5 0.5 -0.7 23 Residues and waste from the food industries; prepared animal feed 0.779 101.0 100.0 4.5 n.a. 0.6 -2.8 -1.0 V MINERAL PRODUCTS 4.090 97.9 96.5 -4.3 -2.5 0.6 3.2 -1.4 25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.323 97.6 96.4 -1.6 1.8 0.2 0.1 -1.2 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax 3.411 99.2 97.2 -4.0 -3.6 0.3 4.1 -2.0 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES 9.510 100.8 101.1 0.8 0.1 0.5 0.3 0.3 29 Organic chemicals 3.353 99.2 99.8 -0.6 n.a. 0.5 0.0 0.6 30 Pharmaceutical products 0.821 104.4 104.3 3.0 n.a. 0.8 0.0 -0.1 32 Tanning or dyeing extracts; dyes and pigments; paints & varnish; putty;ink 0.479 102.2 100.8 1.8 n.a. 0.2 2.9 -1.4 33 Essential oils and resinoids; perfumery, cosmetic or toilet 0.421 102.7 104.6 3.9 0.2 0.1 0.2 1.9 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes 0.258 101.9 101.9 -0.6 -0.3 0.1 0.4 0.0 38 Miscellaneous chemical products 1.446 103.4 104.3 3.3 -0.1 1.8 -0.1 0.9 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF 3.930 99.1 99.4 -0.2 -0.2 0.3 0.1 0.3 39 Plastics and articles thereof 3.070 99.1 99.5 -0.1 -0.1 0.3 0.1 0.4 40 Rubber and articles thereof 0.860 99.1 98.9 -0.9 n.a. 0.5 -0.2 -0.2 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC. 0.840 101.4 105.2 8.6 n.a. -0.7 1.2 3.7 41 Raw hides and skins (other than furskins) and leather 0.667 99.7 101.3 6.4 n.a. -0.7 1.5 1.6 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKET AND WICKER 2.180 120.1 120.2 4.5 1.2 2.8 0.9 0.1 X WOOD PULP, WASTE AND SCRAP PAPER, PAPER AND ARTICLES THEREOF 3.300 95.4 97.6 1.0 0.9 0.3 1.6 2.3 47 Pulp wood or other fibrous cellulosic material; waste paper/paperboard 1.017 89.7 95.9 5.4 3.3 1.4 4.5 6.9 48 Paper and paperboard; articles of paper pulp, paper or paperboard 1.384 96.6 97.0 -1.8 -0.4 -0.2 0.3 0.4 49 Printed material 0.899 100.8 100.6 0.5 n.a. 0.0 0.4 -0.2 XI TEXTILE AND TEXTILE ARTICLES 3.270 107.8 107.7 5.8 0.7 2.0 4.7 -0.1 52 Cotton, including yarns and woven fabrics thereof 1.148 121.9 122.5 17.0 2.9 5.5 13.5 0.5 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS 2.030 109.0 108.1 8.9 1.6 3.9 -0.5 -0.8 XV BASE METALS AND ARTICLES OF BASE METALS 5.060 104.7 105.2 3.7 0.2 1.3 2.2 0.5 72 Iron and steel 1.295 115.9 115.2 10.2 -0.2 1.1 0.3 -0.6 73 Articles of iron or steel 1.016 102.9 103.7 1.6 n.a. 0.2 -0.4 0.8 76 Aluminum and articles thereof 1.150 103.4 105.6 6.0 1.2 2.9 6.8 2.1 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC 32.530 98.5 98.3 -0.9 -0.2 -0.2 -0.1 -0.2 84 Specialized machinery 20.065 97.7 97.6 -1.6 -0.2 -0.3 -0.2 -0.1 85 Electrical machinery and equip, sound & tv recorders & reproducers, parts 12.465 99.7 99.5 0.1 -0.1 0.0 -0.1 -0.2 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT 12.490 102.1 102.5 1.9 0.2 0.3 0.0 0.4 87 Motor vehicles and their parts 8.894 101.1 101.5 1.1 0.2 0.2 0.0 0.4 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; CLOCKS & WATCHES 5.110 102.2 102.1 1.0 n.a. 0.5 0.1 -0.1 90 Optical, photographic, measuring and medical instruments 4.936 102.1 102.0 1.0 n.a. 0.5 0.0 -0.1 1 Relative importance figures are based on 1990 trade values. 2 Data for December 1993, January and February 1994 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision in each of the three months after original publication. 3 Product categories included in this group have been modified due to concordance or coverage limitations. NOTE: Published categories may include price data not shown separately Table 7 U.S. Import Price Indexes and Percent Changes by Country of Origin, March 1993-March 1994 December 1990=100, unless otherwise noted Index Percent Change Percentage of Annual Monthly US Imports March Nov. Dec. Jan. Feb. Description 1/ 1993 1993 1993 1994 1994 1990 Feb. March to to to to to 1994 1994 March Dec. Jan. Feb. March 2/ 1994 1993 1994 1994 1994 3/ Developed Countries 59.3 102.3 102.7 1.9 -0.5 0.1 0.1 0.4 Manufactured Goods 55.5 104.9 105.5 2.6 -0.4 0.2 -0.1 0.6 Nonmanufactured Goods 3.5 86.1 83.9 -10.7 -2.8 -1.4 2.0 -2.6 3/ Developing Countries 40.7 84.2 83.8 -4.7 -2.0 -0.1 0.8 -0.5 Manufactured Goods 30.2 99.1 99.0 -0.4 -0.5 0.1 0.5 -0.1 Nonmanufactured Goods 10.4 59.3 57.8 -21.5 -8.4 -1.7 2.6 -2.5 Canada 18.1 94.3 94.5 -1.5 0.0 -0.2 0.1 0.2 Manufactured Goods 15.7 97.7 98.2 -0.5 0.3 -0.2 -0.1 0.5 Nonmanufactured Goods 2.2 83.4 81.4 -10.4 -2.4 -0.8 1.6 -2.4 4/ European Community 17.8 97.8 98.1 -0.2 -0.7 0.1 -0.1 0.3 Manufactured Goods 17.3 99.0 99.3 0.1 -0.6 0.2 -0.2 0.3 Nonmanufactured Goods 0.5 90.0 89.6 -10.4 -4.4 -3.8 3.4 -0.4 Japan 18.5 111.6 112.3 6.7 -0.1 0.1 0.1 0.6 5/ Asian Newly Industrialized Countries 12.5 99.4 99.2 -0.9 -0.2 0.2 -0.3 -0.2 1 Regions are not mutually exclusive. 2 Data for December 1992, January and February 1993 have been revised to reflect the availability of late reports and corrections by respondents. 3 Defined according to the Standard Census Definition. 4 Includes EC 12 countries 5 Includes Hong Kong, Singapore, South Korea, and Taiwan. Table 8 U.S. International Price Indexes and Percent Changes for Selected Categories of Services. March 1993-March 1994, 1990 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 1993 1993 1993 1993 1993 of Dec. March to to to to to Dollars) 1993 1994 March June Sept. Dec. March 1994 1993 1993 1993 1994 Air Freight (Inbound) (9/90 = 100) 3308 106.1 105.9 5.8 6.3 0.2 -0.5 -0.2 Atlantic (9/90 = 100) 1025 88.6 88.8 0.1 2.9 -3.6 0.7 0.2 Pacific (9/90 = 100) 2028 115.3 114.8 9.1 8.7 1.7 -0.9 -0.4 Air Freight (Outbound) (9/92 = 100) 2694 96.4 96.5 -0.8 -0.7 -1.0 0.8 0.1 Atlantic (9/92 = 100) 920 100.0 100.0 0.4 -0.8 0.0 1.2 0.0 Pacific (9/92 = 100) 1224 96.0 95.9 -1.7 -1.1 -0.6 0.1 -0.1 Air Passenger Fares (U.S. Carrier) 24233 111.4 113.1 3.0 6.7 1.5 -6.4 1.5 Atlantic 10075 103.7 103.4 0.7 13.0 0.3 -11.0 -0.3 Pacific 7271 117.5 121.1 4.1 4.5 3.1 -6.2 3.1 Latin American / Caribbean 4492 120.0 123.4 5.7 -0.3 2.4 0.6 2.8 Canadian 1264 113.1 114.1 7.0 2.3 2.4 1.3 0.9 Air Passenger Fares (Foreign Carrier) 22669 107.2 108.1 0.1 7.1 1.1 -8.4 0.8 Atlantic 13156 100.8 101.1 -0.5 12.0 1.0 -12.3 0.3 Pacific 5663 113.7 116.7 1.3 2.5 1.5 -5.2 2.6 Latin American / Caribbean 2890 123.7 123.8 0.1 -0.7 1.5 -0.7 0.1 Crude Oil Tanker Freight (Inbound) 2153 97.9 94.1 -12.6 11.0 -2.0 -16.5 -3.9 Atlantic 572 106.6 94.7 -23.6 9.8 -10.9 -12.0 -11.2 Gulf 1455 86.2 85.4 -9.9 12.3 1.3 -20.1 -0.9 Ocean Liner Freight (Inbound) 8065 102.1 103.4 -0.6 -0.5 -0.2 -1.2 1.3 U.S. East Coast 3769 104.5 106.9 2.8 0.0 1.9 -1.4 2.3 from Atlantic 1889 105.3 111.2 5.8 0.1 2.0 -1.9 5.6 from Pacific 1154 103.0 100.7 -2.2 -0.5 1.3 -0.8 -2.2 U.S. West Coast 4296 100.1 100.3 -3.6 -1.0 -1.9 -0.9 0.2 from Pacific 3943 101.5 101.5 -3.8 -1.1 -2.1 -0.6 0.0 Table 9 U.S. Import and Export Price Indexes and Percent Changes for Selected Categories of Services. March 1993-March 1994, 1990 = 100, unless otherwise noted Index Percent Change Annual Quarterly Trade March March June Sept. Dec. Description (Mil. 1993 1993 1993 1993 1993 of Dec. March to to to to to Dollars) 1993 1994 March June Sept. Dec. March 1994 1993 1993 1993 1994 IMPORT Air Freight (9/90 = 100) 2001 107.7 107.4 6.1 6.8 0.3 -0.6 -0.3 Atlantic (9/90 = 100) 738 87.9 87.0 -3.5 1.0 -3.0 -0.6 -1.0 Pacific (9/90 = 100) 1102 121.9 122.0 12.8 11.3 2.1 -0.8 0.1 Air Passenger Fares 10450 107.0 107.7 0.0 7.6 0.8 -8.4 0.7 Atlantic 6577 101.3 101.6 -0.2 12.2 0.8 -12.0 0.3 Pacific 2051 110.6 113.1 0.3 2.5 0.3 -4.6 2.3 Latin American / Caribbean 1678 124.5 124.7 0.4 -0.6 1.3 -0.5 0.2 Crude Oil Tanker Freight 1985 99.7 95.2 -16.9 6.3 -2.5 -16.0 -4.5 Atlantic 534 109.6 96.1 -24.4 9.4 -10.8 -11.8 -12.3 Gulf 1328 87.5 86.4 -16.4 4.9 0.6 -19.8 -1.3 Ocean Liner Freight 6017 101.4 102.4 -0.9 -0.2 -0.6 -1.1 1.0 U.S. East Coast 2832 104.5 106.1 1.7 0.3 1.3 -1.4 1.5 from Atlantic 1336 105.4 111.5 4.9 0.2 0.8 -1.9 5.8 from Pacific 1094 102.9 100.6 -2.3 -0.6 1.4 -0.9 -2.2 U.S. West Coast 3185 98.6 99.1 -3.3 -0.7 -2.2 -1.0 0.5 from Pacific 2840 100.3 100.7 -3.5 -1.0 -2.3 -0.6 0.4 EXPORT Air Passenger Fares 11867 112.5 114.3 3.3 6.1 1.4 -5.5 1.6 Atlantic 4159 103.0 102.8 1.4 12.4 0.0 -9.6 -0.2 Pacific 4679 118.9 122.6 4.7 4.5 3.2 -5.9 3.1 Latin American / Caribbean 1775 119.5 121.6 3.8 -0.3 1.6 0.7 1.8 Canadian 619 113.1 114.1 7.0 2.3 2.4 1.3 0.9