Fuel import prices increased 6.9 percent over the year ending April 2019

May 21, 2019

Fuel import prices rose 6.9 percent for the year ending April 2019. Petroleum import prices increased 7.0 percent, and prices for natural gas declined 10.5 percent. The decrease in natural gas import prices was the largest over-the-year decline since a 27.3-percent drop from June 2017 to June 2018. From April 2018 to April 2019, petroleum export prices increased 2.9 percent and natural gas export prices increased 6.6 percent.

 12-month percent change in fuel import and export prices, not seasonally adjusted
Year Petroleum and products imports, excluding natural gas Petroleum and products exports, excluding natural gas Natural gas imports Natural gas exports

Apr 2009

-50.6% -43.8% -56.7% N/A

May 2009

-50.0 -45.5 -62.2 N/A

Jun 2009

-46.4 -43.8 -64.0 N/A

Jul 2009

-49.3 -51.3 -68.6 N/A

Aug 2009

-39.5 -37.5 -60.4 N/A

Sep 2009

-32.1 -38.7 -58.3 N/A

Oct 2009

-10.6 -30.5 -49.1 N/A

Nov 2009

35.0 -1.1 -32.6 N/A

Dec 2009

78.6 19.3 -23.0 N/A

Jan 2010

94.4 27.1 -2.2 N/A

Feb 2010

83.0 28.7 13.9 N/A

Mar 2010

68.7 45.1 15.0 N/A

Apr 2010

58.8 39.9 16.4 N/A

May 2010

35.3 33.1 17.0 N/A

Jun 2010

10.7 11.4 12.1 N/A

Jul 2010

14.3 18.4 28.8 N/A

Aug 2010

7.8 13.1 22.6 N/A

Sep 2010

7.0 16.3 34.6 N/A

Oct 2010

9.3 22.2 10.6 N/A

Nov 2010

9.0 16.9 -11.5 N/A

Dec 2010

16.2 20.8 -14.5 N/A

Jan 2011

16.1 17.4 -19.8 N/A

Feb 2011

23.5 32.6 -13.3 N/A

Mar 2011

33.8 39.3 -11.8 N/A

Apr 2011

39.5 37.5 1.5 N/A

May 2011

46.1 39.6 8.6 N/A

Jun 2011

48.8 46.3 8.2 N/A

Jul 2011

48.1 49.4 -0.5 N/A

Aug 2011

42.6 38.3 7.7 N/A

Sep 2011

43.3 41.3 9.5 N/A

Oct 2011

36.5 27.3 2.6 N/A

Nov 2011

34.5 27.6 4.3 N/A

Dec 2011

27.1 18.5 -9.1 N/A

Jan 2012

22.5 17.3 -23.1 N/A

Feb 2012

16.5 11.9 -36.9 N/A

Mar 2012

10.1 5.4 -36.9 N/A

Apr 2012

1.3 4.2 -45.3 N/A

May 2012

-3.8 -1.0 -49.0 N/A

Jun 2012

-10.2 -9.4 -44.7 N/A

Jul 2012

-12.6 -9.4 -35.7 N/A

Aug 2012

-5.0 -3.9 -34.2 N/A

Sep 2012

-0.3 1.1 -31.6 N/A

Oct 2012

-0.1 7.4 -18.6 N/A

Nov 2012

-6.2 -4.0 -3.1 N/A

Dec 2012

-8.7 -2.2 17.6 N/A

Jan 2013

-6.7 -2.9 18.2 N/A

Feb 2013

-3.3 0.0 29.8 N/A

Mar 2013

-7.9 -4.9 48.8 N/A

Apr 2013

-10.0 -10.9 100.3 N/A

May 2013

-6.3 -8.8 111.0 N/A

Jun 2013

2.2 1.2 90.1 N/A

Jul 2013

7.3 2.9 32.2 N/A

Aug 2013

4.0 0.8 15.9 N/A

Sep 2013

1.1 -2.8 10.1 N/A

Oct 2013

-2.5 -8.2 14.2 N/A

Nov 2013

-4.2 0.2 -0.1 N/A

Dec 2013

-1.5 6.0 12.4 N/A

Jan 2014

-3.6 3.8 45.1 N/A

Feb 2014

-2.3 1.8 81.0 N/A

Mar 2014

-1.8 3.7 99.9 N/A

Apr 2014

0.1 0.8 26.1 N/A

May 2014

3.8 4.5 9.1 N/A

Jun 2014

6.3 2.8 10.6 N/A

Jul 2014

2.1 2.2 41.9 N/A

Aug 2014

-4.3 -3.3 34.7 N/A

Sep 2014

-8.9 -5.5 39.1 N/A

Oct 2014

-12.3 -5.5 23.2 N/A

Nov 2014

-17.0 -14.4 11.9 N/A

Dec 2014

-30.5 -27.3 -5.2 N/A

Jan 2015

-45.3 -40.2 -28.9 N/A

Feb 2015

-48.7 -38.1 -49.1 N/A

Mar 2015

-47.8 -36.3 -58.8 N/A

Apr 2015

-46.0 -36.0 -50.2 N/A

May 2015

-40.7 -30.2 -43.7 N/A

Jun 2015

-40.8 -29.2 -41.8 N/A

Jul 2015

-43.7 -32.3 -43.0 N/A

Aug 2015

-49.5 -37.4 -34.7 N/A

Sep 2015

-52.5 -40.5 -28.7 N/A

Oct 2015

-48.9 -37.5 -30.5 N/A

Nov 2015

-45.7 -34.4 -32.4 N/A

Dec 2015

-41.9 -34.1 -43.7 -44.2%

Jan 2016

-38.9 -27.1 -38.1 -22.7

Feb 2016

-42.5 -36.3 -33.8 -23.3

Mar 2016

-37.7 -38.0 -40.7 -49.4

Apr 2016

-32.6 -31.7 -29.7 -27.3

May 2016

-31.3 -29.7 -29.9 -28.3

Jun 2016

-24.6 -21.9 -34.8 -13.2

Jul 2016

-22.1 -20.9 -15.1 2.2

Aug 2016

-13.6 -17.6 -6.7 3.4

Sep 2016

-3.8 -6.6 -2.4 7.2

Oct 2016

3.6 -1.4 -3.4 23.5

Nov 2016

6.2 0.3 12.4 19.2

Dec 2016

25.6 18.6 28.9 67.4

Jan 2017

60.3 33.6 43.9 45.6

Feb 2017

74.1 41.2 38.3 45.5

Mar 2017

53.1 36.7 49.3 66.4

Apr 2017

37.2 36.7 54.7 64.0

May 2017

19.6 16.1 49.7 60.2

Jun 2017

3.2 5.1 56.7 29.1

Jul 2017

5.8 8.6 18.7 4.4

Aug 2017

15.4 22.8 1.2 -2.2

Sep 2017

21.8 22.6 -18.0 2.1

Oct 2017

13.9 12.8 -16.1 -1.7

Nov 2017

26.8 21.6 -4.9 19.1

Dec 2017

23.1 14.7 7.5 -18.2

Jan 2018

19.6 15.9 9.2 19.3

Feb 2018

17.3 18.0 2.7 -6.8

Mar 2018

17.5 18.2 6.5 3.8

Apr 2018

23.5 17.1 -3.2 -14.1

May 2018

33.7 28.8 -23.8 -13.8

Jun 2018

42.9 31.6 -27.3 -3.7

Jul 2018

44.6 30.4 -8.8 -2.9

Aug 2018

35.4 23.2 -7.9 5.0

Sep 2018

27.2 17.1 0.3 -1.0

Oct 2018

30.4 26.4 21.1 8.4

Nov 2018

1.2 6.9 56.5 14.6

Dec 2018

-16.6 -4.7 54.4 49.6

Jan 2019

-12.5 -10.5 -10.0 -21.9

Feb 2019

-2.6 -5.0 20.4 3.8

Mar 2019

5.2 2.0 89.5 22.3

Apr 2019

7.0 2.9 -10.5 6.6

Overall U.S. export prices rose 0.3 percent from April 2018 to April 2019, while overall import prices declined 0.2 percent. The decrease in import prices was driven by lower nonfuel prices.

These data are from the International Price program. See "U.S. Import and Export Price Indexes — April 2019" to learn more. We also have more charts about U.S. import and export prices. Import and export price changes may be revised in each of the 3 months after original publication.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fuel import prices increased 6.9 percent over the year ending April 2019 on the Internet at https://www.bls.gov/opub/ted/2019/fuel-import-prices-increased-6-point-9-percent-over-the-year-ending-april-2019.htm (visited September 15, 2019).

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