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Technical Information:                             USDL-04-1306
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 Internet Address:  http://www.bls.gov/mxp          Wednesday, July 14, 2004


                    U.S. IMPORT AND EXPORT PRICE INDEXES
                                - JUNE 2004 -

                                     
     The U.S. Import Price Index declined 0.2 percent in June, the Bureau of
Labor Statistics of the U.S. Department of Labor reported today.  The
decrease was the first since September 2003 and was led by lower petroleum
prices.  Export prices also decreased in June, falling 0.6 percent.  The
decline in export prices was the first since last July and the largest drop
since October 2001.
     
             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                                                                            
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        5.1        0.3        0.3        0.4       0.3     
2004                                                                             
January            1.5        7.3        0.8        0.7        0.7       0.7     
February           0.4        0.5        0.4        0.7        1.5       0.6     
March              0.8        5.1 r      0.2        0.8        3.5 r     0.5     
April              0.2       -0.4        0.2 r      0.7        2.8 r     0.5     
May                1.4 r      9.4 r      0.3 r      0.4 r      0.5       0.3 r
June              -0.2       -1.0        0.0       -0.6       -4.6      -0.1     
                                                                                 
June 2002-03       2.2       13.0        1.1        1.5        9.2       0.9     
June 2003-04       5.6       34.3        2.4        4.0       16.2       2.9     
                                                                                
r = revised to reflect late reports and corrections by respondents.


Import Goods
     
     Import prices fell 0.2 percent in June following a 1.4 percent increase
the previous month.  Prices for petroleum fell 1.0 percent last month after
rising 9.4 percent in May, the largest monthly gain for the index since
February 2003.  Prices for petroleum imports were up 34.3 percent over the
past year.  Nonpetroleum import prices were unchanged in June 2004, the first
month since October 2003 that these prices did not increase.  For the year
ended in June, prices for nonpetroleum imports were up 2.4 percent and
overall import prices rose 5.6 percent.
     
     The price index for import foods, feeds, and beverages fell 0.5 percent
in June, led by lower prices for vegetables and fruits.  Foods, feeds, and
beverages prices rose 5.6 percent over the past 12 months.  Prices for
capital goods and for nonpetroleum industrial supplies and materials also
decreased in June, each declining 0.1 percent.  Lower computer prices and the
recent appreciation of the U.S. dollar both contributed to the fall in
capital goods prices.  The decrease in prices for nonpetroleum industrial
supplies and materials was led by downturns in the price indexes for both
building materials and unfinished metals.  For the year ended in June, prices
for capital goods fell 1.4 percent, whereas nonpetroleum industrial supplies
and materials prices were up 11.8 percent.
     
     In contrast, prices for automotive vehicles rose 0.2 percent in June.
The price index for automotive vehicles has not posted a decline since
September and was up 1.6 percent over the past 12 months.
     
     Consumer goods prices were unchanged in June and were up 0.4 percent for
the June 2003-2004 period.


Export Goods

     Export prices fell 0.6 percent in June, as both agricultural and
nonagricultural prices contributed to the decline.  The price index for
agricultural exports fell 4.6 percent in June, marking the first monthly
decline since August 2003 and the largest decrease since September 1996.  A
downturn in soybean prices led the fall in agricultural prices, although
widespread declines in the prices of other grains and vegetables also
contributed to the overall decrease.  Nonagricultural prices fell in June by
0.1 percent.  The index had not posted a decline since September and was up
2.9 percent for the year ended in June.  Overall export prices increased 4.0
percent over the same period.
     
     The drop in nonagricultural prices was led by a 0.6 percent decrease in
the index for nonagricultural industrial supplies and materials.  Downturns
in metals and fuel prices contributed to the decline.  Nonagricultural
industrial supplies and materials prices had increased in each of the last 10
months and were up 9.7 percent over the past year.
     
     Prices for each of the major finished goods categories were unchanged in
June.  The price indexes for capital goods and for consumer goods also were
unchanged in May but were up 0.5 percent and 0.8 percent, respectively, over
the past 12 months.  Automotive vehicle prices increased a modest 0.1 percent
in May and were up 0.7 percent for the year ended in June.


Imports by Locality of Origin

     Prices for imports from Japan fell 0.3 percent in June after rising 0.2
percent in May.  The decline paralleled the recent appreciation of the U.S.
dollar against the Japanese yen.  Import prices from Japan were up 0.8
percent over the past 12 months.
     
     Import prices from the Asian Newly Industrialized Countries were
unchanged in June after ticking up 0.1 percent the previous month.  For the
year ended in June, the index fell 0.7 percent.
     
     Prices for imports from Latin America fell 0.5 percent in June, which
was the first monthly decline for the index since September 2003.  Despite
the June decrease, import prices from Latin America rose 9.3 percent over the
year.

     Import prices from Canada and from the European Union both were
unchanged in June.  Prices of imports from Canada were up 8.4 percent for the
year ended in June, and import prices from the European Union increased 5.4
percent over the same period.


Import and Export Services

     Import air passenger fares rose 9.7 percent in June after a modest 0.9
percent rise in the previous month.  The June increase was led by higher
seasonal rates for both European and Asian fares.  For the year ended in
June, overall import fares rose 0.7 percent.  Export air passenger fares rose
at a more moderate 0.2 percent in June and were up 5.8 percent over the past
12 months.

     The price index for import air freight rose 0.3 percent for the March-
June quarter and was up 5.3 percent for the year ended in June.  Export air
freight was up for the third consecutive quarter, rising 2.1 percent for the
second quarter of 2004.  Over the past 12 months, the index rose 4.1 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 July are scheduled for release on
August 12 at 8:30 A.M. (E.D.T.).


Table  1    U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                                      Index                            Percent Change
                                                                  Relative
                                                                   Import-                          Annual             Monthly
                                                                    ance                             June      Feb.     March     April      May
 END                            Description                                                          2003      2004      2004      2004      2004
 USE                                                                 May        May        June       to        to        to        to        to
                                                                     2004       2004       2004      June     March     April      May       June
                                                                      1/                             2004      2004      2004      2004      2004

         ALL COMMODITIES.......................................... 100.000     101.8      101.6       5.6       0.8       0.2       1.4      -0.2
         ALL IMPORTS EXCLUDING PETROLEUM..........................  86.581      99.6       99.6       2.4       0.2       0.2       0.3       0.0
         ALL IMPORTS EXCLUDING FUELS
                (200112=100)......................................  84.764     102.8      102.7       2.4       0.4       0.2       0.2      -0.1

0          FOODS, FEEDS, & BEVERAGES..............................   4.568     106.8      106.3       5.6       0.6       1.2      -0.4      -0.5

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.368     114.1      113.6       6.1      -0.4       1.1      -0.1      -0.4

01               Nonagricultural foods (fish, distilled beverages)   1.200      90.3       89.9       3.8       3.3       1.7      -1.4      -0.4

1          INDUSTRIAL SUPPLIES & MATERIALS........................  29.868     119.5      118.8      21.0       2.5       0.9       5.1      -0.6
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  16.450     111.8      111.7      11.8       0.6       1.9       1.7      -0.1
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (200112=100)..................  14.633     120.3      119.5      13.1       2.3       1.7       1.5      -0.7
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................   9.144     114.1      112.4      20.0       3.2       2.9       2.2      -1.5
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   7.306     109.1      110.8       3.4      -2.5       0.7       1.2       1.6

10               Fuels & lubricants...............................  15.236     130.7      130.2      29.8       2.7       0.1       8.6      -0.4
100                  Petroleum & petroleum products...............  13.419     130.8      129.5      34.3       5.1      -0.4       9.4      -1.0
10000                        Crude................................   9.782     130.6      128.4      30.8       4.7       0.4       7.8      -1.7

11               Paper & paper base stocks........................   1.063      98.2       98.8       5.0       1.5       1.3       1.4       0.6

12               Materials associated with nondurable
                        supplies & materials......................   4.554     105.2      105.8       2.7       0.6      -0.3       0.1       0.6

13               Selected building materials......................   2.378     123.6      120.2      24.3       4.1       1.5       2.8      -2.8

14               Unfinished metals related to durable goods.......   3.602     126.0      123.8      34.3       4.9       5.7       3.8      -1.7

15               Finished metals related to durable goods.........   1.441     107.4      107.1      10.0       1.6       2.3       0.2      -0.3

16               Nonmetals related to durable goods...............   1.595      99.0       99.0       0.8       0.1      -0.1      -0.2       0.0

2          CAPITAL GOODS..........................................  23.003      92.6       92.5      -1.4       0.0      -0.5       0.0      -0.1

20               Electric generating equipment....................   2.798      97.1       97.0       0.4      -0.1      -0.6      -0.1      -0.1

21               Nonelectrical machinery..........................  17.963      90.5       90.4      -2.1       0.0      -0.8       0.0      -0.1

22               Transportation equipment excluding
                        motor vehicles (200112=100)...............   2.241     104.0      104.0       2.0       0.1       0.5       0.0       0.0

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  17.124     102.0      102.2       1.6       0.1       0.2       0.0       0.2

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  25.436      98.5       98.5       0.4       0.0      -0.1      -0.1       0.0

40               Nondurables, manufactured........................  12.435     100.9      100.9       1.1       0.1      -0.3      -0.1       0.0

41               Durables, manufactured...........................  11.736      96.0       96.2      -0.3       0.0       0.0      -0.3       0.2

42               Nonmanufactured consumer goods...................   1.265      97.3       96.8       0.6       0.2       0.0       0.9      -0.5


     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
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
                                                                       ance                             June      Feb.     March     April      May
 END                             Description                                                            2003      2004      2004      2004      2004
 USE                                                                    May        May        June       to        to        to        to        to
                                                                        2004       2004       2004      June     March     April      May       June
                                                                         1/                             2004      2004      2004      2004      2004

         ALL COMMODITIES............................................. 100.000     104.1      103.5       4.0       0.8       0.7       0.4      -0.6
         AGRICULTURAL COMMODITIES....................................  10.112     134.0      127.8      16.2       3.5       2.8       0.5      -4.6
         NONAGRICULTURAL COMMODITIES.................................  89.888     101.7      101.6       2.9       0.5       0.5       0.3      -0.1

0          FOODS, FEEDS, & BEVERAGES.................................   9.299     136.0      129.7      16.5       3.9       3.5       0.7      -4.6

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   8.543     138.4      131.5      18.3       4.1       3.7       0.8      -5.0

01               Nonagricultural foods (fish, distilled beverages)...   0.756     113.4      112.3      -0.7       1.3       1.5      -0.4      -1.0

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  26.424     110.3      109.5       9.4       1.6       1.0       1.0      -0.7
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  10.056     112.5      111.3      11.6       2.2       1.5       0.4      -1.1
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  16.369     109.2      108.6       8.0       1.2       0.6       1.5      -0.5

10               Agricultural industrial supplies & materials........   1.569     113.9      111.2       6.5       0.5      -2.0      -0.9      -2.4

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  24.856     110.2      109.5       9.7       1.7       1.1       1.2      -0.6

11               Fuels & lubricants..................................   2.889     118.3      115.0      18.6       2.3       1.2       7.4      -2.8

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  20.775     109.9      109.5       8.7       1.6       1.2       0.5      -0.4

13               Selected building materials.........................   1.192     103.5      102.8       6.7       1.4       0.9       0.3      -0.7

2          CAPITAL GOODS.............................................  40.997      98.1       98.1       0.5       0.2       0.1       0.0       0.0

20               Electrical generating equipment.....................   3.934     101.3      101.6       0.0       0.1      -0.5      -0.2       0.3

21               Nonelectrical machinery.............................  29.543      94.7       94.6       0.1       0.2       0.1       0.1      -0.1

22               Transportation equipment excluding
                        motor vehicles (200112=100)..................   7.519     106.9      107.2       3.1       0.1       0.3       0.0       0.3

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  11.394     102.3      102.3       0.7      -0.1       0.3       0.1       0.0

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  11.885     100.4      100.4       0.8       0.1       0.2       0.0       0.0

40               Nondurables, manufactured...........................   5.821     100.1       99.9       1.1       0.0       0.2       0.0      -0.2

41               Durables, manufactured..............................   5.327     100.6      100.6       0.5       0.1       0.4       0.1       0.0

42               Nonmanufactured consumer goods (200112=100).........   0.736     100.7      101.1       0.6      -0.3      -0.1      -0.3       0.4



     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
                 June 2003-June 2004      2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
                                                                       ance                             June      Feb.     March     April      May
SITC                             Description                                                            2003      2004      2004      2004      2004
Rev. 3                                                                  May        May        June       to        to        to        to        to
                                                                        2004       2004       2004      June     March     April      May       June
                                                                         1/                             2004      2004      2004      2004      2004

         ALL COMMODITIES............................................. 100.000     101.8      101.6       5.6       0.8       0.2       1.4      -0.2

0          FOOD AND LIVE ANIMALS.....................................   3.590     105.9      105.5       6.1       0.7       0.9      -0.5      -0.4
01               Meat and meat preparations..........................   0.425     125.1      126.5      22.9       2.0       1.1       2.8       1.1
03               Fish, crustaceans, aquatic invertebrates
                        and preparations thereof.....................   0.859      83.5       83.3       2.5       4.1       2.0      -1.8      -0.2
05               Vegetables, fruit and nuts, fresh or dried..........   0.860     105.5      101.8      -6.5      -3.8      -1.6      -3.7      -3.5
07               Coffee, tea, cocoa, spices and manufactures thereof.   0.414     102.5      108.0      13.9      -0.2       1.8      -1.0       5.4
      2/   Other food and live animals...............................   1.032     124.3      123.4      11.5       2.1       1.8       2.2      -0.7

1          BEVERAGES AND TOBACCO.....................................   0.926     105.4      105.2       1.3       0.3       0.0       0.1      -0.2
11               Beverages...........................................   0.816     105.7      105.6       1.8       0.3       0.0       0.2      -0.1

2          CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS...................   2.198     127.2      125.4      26.0       5.2       2.4       3.5      -1.4
24               Cork and wood.......................................   0.917     139.0      136.0      44.1       6.6       3.6       8.8      -2.2
25               Woodpulp and recovered paper........................   0.262     103.4      106.0      11.2       3.8       5.7       2.6       2.5
28               Metalliferous ores and metal scrap..................   0.387     143.5      140.3      40.7      10.0       0.1      -3.2      -2.2
29               Crude animal and vegetable materials, n.e.s.........   0.229     102.1       98.0      -6.6       0.2      -0.4       2.8      -4.0

3          MINERAL FUELS, LUBRICANTS AND RELATED
                     MATERIALS.......................................  14.892     131.3      130.8      28.6       2.6       0.0       8.7      -0.4
33               Petroleum, petroleum products and related materials.  13.156     131.2      129.8      33.0       4.8       0.0       9.3      -1.1
34               Gas, natural and manufactured.......................   1.736     129.5      135.1       3.8     -10.4       0.3       5.0       4.3

5          CHEMICALS AND RELATED PRODUCTS, N.E.S.....................   7.639     103.4      103.8       3.7       0.4      -0.3      -0.1       0.4
51               Organic chemicals...................................   2.562      99.1       99.9       3.0       0.0       0.7      -0.3       0.8
52               Inorganic chemicals.................................   0.593     117.1      119.2      12.0      -0.1      -3.8       1.0       1.8
53               Dyeing, tanning and coloring materials..............   0.206     100.6      100.6       2.7      -0.2       1.1       0.0       0.0
54               Medicinal and pharmaceutical products...............   2.266     107.3      107.0       4.4       0.4      -0.4      -0.4      -0.3
55               Essential oils; polishing and cleansing preps.......   0.329      93.4       93.4      -6.0       0.4      -0.2      -0.1       0.0
57               Plastics in primary forms...........................   0.600     106.0      105.1      -0.9       1.6      -1.3       0.5      -0.8
58               Plastics in nonprimary forms........................   0.373     102.7      102.8       2.0       0.5       0.0      -0.2       0.1
59               Chemical materials and products, n.e.s..............   0.526      95.2       95.3       3.3       0.9      -0.3      -0.3       0.1

6          MANUFACTURED GOODS CLASSIFIED CHIEFLY
                     BY MATERIAL.....................................  12.221     106.9      105.8      12.1       2.2       1.8       1.3      -1.0
62               Rubber manufactures, n.e.s..........................   0.655     100.0      100.1       0.9       0.5       0.2       0.1       0.1
63               Cork and wood manufactures other than furniture.....   0.923     127.7      118.4      23.6       7.4       1.0      -1.1      -7.3
64               Paper and paperboard, cut to size...................   1.242      95.5       95.4       2.0       0.5      -0.2       0.7      -0.1
65               Textile yarn, fabrics, made-up
                        articles, n.e.s., and related prod...........   1.435     103.8      103.8       3.0       0.1       0.3      -0.2       0.0
66               Nonmetallic mineral manufactures, n.e.s.............   2.167      99.4       99.6       1.7       0.1       0.3       0.1       0.2
67               Iron and steel......................................   1.762     138.7      141.1      39.4       4.5       7.8       7.9       1.7
68               Nonferrous metals...................................   1.927     107.3      102.5      31.2       5.8       3.1       1.4      -4.5
69               Manufactures of metals, n.e.s.......................   2.004     102.3      102.2       4.0       0.8       1.2       0.0      -0.1

7          MACHINERY AND TRANSPORT EQUIPMENT.........................  41.224      95.2       95.3      -0.5       0.0      -0.3       0.0       0.1
71               Power generating machinery and equipment............   2.909     101.7      101.7       1.8       0.1       0.5      -0.1       0.0
72               Machinery specialized for particular industries.....   1.622     106.7      106.5       5.0       0.3      -0.2       0.2      -0.2
73               Metalworking machinery..............................   0.445     106.4      106.2       1.0       0.0      -0.7      -0.3      -0.2
74               General industrial machinery,
                        equipment, & machine parts, n.e.s............   3.111     103.4      103.1       2.3       0.8       0.1       0.0      -0.3
75               Computer equipment and office machines..............   5.663      76.4       76.3      -6.7      -0.4      -1.5      -0.1      -0.1
76               Telecommunications & sound recording
                        & reproducing apparatus & equipment..........   5.022      84.9       84.8      -5.0      -0.4      -0.2       0.0      -0.1
77               Electrical machinery and equipment..................   6.676      94.8       94.7      -0.7      -0.1      -0.7      -0.1      -0.1
78               Road vehicles.......................................  14.259     102.2      102.5       1.8       0.0       0.2       0.0       0.3

8          MISCELLANEOUS MANUFACTURED ARTICLES.......................  16.847      99.8      100.0       0.3       0.1      -0.1      -0.2       0.2
81               Prefabricated buildings; plumbing, heat
                        & lighting fixtures, n.e.s...................   0.446      93.5       93.5      -1.4       0.1       0.4      -0.1       0.0
82               Furniture and parts thereof.........................   1.864     102.1      102.2       2.0       0.5       1.2       0.1       0.1
83               Travel goods, handbags and similar containers.......   0.383     103.5      103.4       1.8       0.1      -0.1       0.0      -0.1
84               Articles of apparel and clothing accessories........   5.375     100.5      100.5      -0.1      -0.1      -0.1       0.0       0.0
85               Footwear............................................   1.305     100.6      100.6       0.6       0.1       0.0       0.0       0.0
87               Professional, scientific and controlling
                        instruments and apparatus, n.e.s.............   1.770      99.5       99.5       0.0       0.0       0.0      -0.1       0.0
88               Photographic apparatus, equipment and
                        supplies and optical goods, n.e.s............   0.965      99.3       99.0      -1.0      -0.3      -0.6      -0.1      -0.3
89               Miscellaneous manufactured articles, n.e.s..........   4.739      98.2       98.8       0.5       0.2      -0.5      -0.7       0.6


     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
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
                                                                       ance                             June      Feb.     March     April      May
SITC                             Description                                                            2003      2004      2004      2004      2004
Rev. 3                                                                  May        May       June        to        to        to        to        to
                                                                        2004       2004      2004       June     March     April      May       June
                                                                         1/                             2004      2004      2004      2004      2004

         ALL COMMODITIES............................................. 100.000     104.1      103.5       4.0       0.8       0.7       0.4      -0.6

0          FOOD AND LIVE ANIMALS.....................................   7.142     126.6      123.8      15.2       2.3       2.7       0.5      -2.2
01               Meat and meat preparations..........................   1.307     126.3      126.3      22.7       1.7      -0.6       0.0       0.0
03               Fish, crustaceans, aquatic invertebrates
                        and preparations thereof.....................   0.517     110.2      109.3       1.0       1.7       2.6       0.2      -0.8
04               Cereals and cereal preparations.....................   2.152     146.0      141.4      19.3       3.3       5.8      -1.2      -3.2
05               Vegetables, fruit and nuts, fresh or dried..........   1.352     113.2      110.7      11.1       1.6      -0.5       3.4      -2.2
08               Feeding stuff for animals (not
                        including unmilled cereals)..................   0.818     141.8      133.1      22.3       4.0       4.9       1.1      -6.1
09               Miscellaneous edible products and preparations......   0.460     101.7      101.6       0.1       0.4      -0.1      -0.2      -0.1
      2/   Other food and live animals...............................   0.535     114.1      113.4      11.3       2.9       5.5       1.0      -0.6

1          BEVERAGES AND TOBACCO.....................................   0.699     101.8      101.6       3.5       0.2      -0.2      -0.1      -0.2
12               Tobacco and tobacco manufactures....................   0.449     100.2       99.9       3.4       0.0      -0.3       0.0      -0.3

2          CRUDE MATERIALS, INEDIBLE, EXCEPT FUELS...................   5.735     132.7      125.0      20.3       5.5       2.9      -0.1      -5.8
22               Oil seeds and oleaginous fruits.....................   1.690     199.0      168.5      37.3      12.9       8.5       1.0     -15.3
24               Cork and wood.......................................   0.545      98.1       97.9       8.3       0.9       1.1       0.5      -0.2
25               Woodpulp and recovered paper........................   0.675     100.2       99.8      10.8       1.8       4.9       1.4      -0.4
26               Textile fibers and their waste......................   0.604     115.1      110.0       6.6      -0.2      -4.9      -0.7      -4.4
28               Metalliferous ores and metal scrap..................   1.230     171.8      164.5      50.9       9.3       2.8      -2.5      -4.2
      2/   Other crude materials, inedible, except fuels.............   0.991     109.0      110.2       1.3      -0.8      -0.9       0.5       1.1

3          MINERAL FUELS, LUBRICANTS AND RELATED
                     MATERIALS.......................................   2.351     134.8      130.1      20.9       3.1       0.1       9.5      -3.5
33               Petroleum, petroleum products and related materials.   1.737     135.0      127.6      24.2       4.7      -0.2      12.7      -5.5

5          CHEMICALS AND RELATED PRODUCTS, N.E.S.....................  13.370     105.8      106.1       5.3       0.9       0.7       0.2       0.3
51               Organic chemicals...................................   3.040     113.9      115.3      11.8       2.2       2.2       0.6       1.2
52               Inorganic chemicals.................................   0.812      99.7      100.6       2.0       0.0       1.3      -1.1       0.9
53               Dyeing, tanning and coloring materials..............   0.576      97.3       97.3      -1.5       0.0      -0.2       0.2       0.0
54               Medicinal and pharmaceutical products...............   2.449     105.8      106.0       1.1       0.2       0.3       0.0       0.2
55               Essential oils; polishing and cleansing preps.......   0.947     104.2      104.0       6.9       0.1      -0.1       0.0      -0.2
56               Fertilizers.........................................   0.450     137.2      132.0      12.6       6.1       2.9      -3.4      -3.8
57               Plastics in primary forms...........................   2.270     103.1      103.6       7.2       1.2       0.1       0.9       0.5
58               Plastics in nonprimary forms........................   0.868      96.7       96.2      -2.6       0.2      -0.5      -0.2      -0.5
59               Chemical materials and products, n.e.s..............   1.959     105.3      105.2       3.5      -0.4       0.3       0.2      -0.1

6          MANUFACTURED GOODS CLASSIFIED CHIEFLY
                     BY MATERIAL.....................................  10.176     106.5      106.6       6.6       1.1       1.5       0.8       0.1
62               Rubber manufactures, n.e.s..........................   0.766     110.8      111.4       1.2      -0.5       0.5      -0.1       0.5
64               Uncoated Paper/paperboard, and linerboard...........   1.488      99.1       99.5       1.2       0.1       0.9       0.3       0.4
65               Textile yarn, fabrics, and made-up articles, n.e.s..   1.606     104.0      104.7       1.9       0.2       0.0      -0.1       0.7
66               Nonmetallic mineral manufactures, n.e.s.............   1.459      99.4       99.9      -0.5       0.1       0.0      -0.3       0.5
67               Iron and steel......................................   1.152     141.4      142.2      33.1       4.7       7.4       5.4       0.6
68               Nonferrous metals...................................   1.117      97.6       95.0      18.3       3.5       4.3      -0.5      -2.7
69               Manufactures of metals, n.e.s.......................   2.124     107.4      108.3       3.3       0.1       0.7       1.1       0.8
      2/   Other manufactured goods classified
                  chiefly by material (200112=100)...................   0.464     122.0      118.3      13.1       1.9       0.9       0.2      -3.0

7          MACHINERY AND TRANSPORT EQUIPMENT.........................  48.367      98.4       98.4       0.6       0.1       0.2       0.0       0.0
71               Power generating machinery and equipment............   4.857     108.6      108.7       1.4       0.0      -0.7       0.0       0.1
72               Machinery specialized for particular industries.....   3.691     105.5      105.4       2.7       0.2       0.9       0.4      -0.1
73               Metalworking machinery..............................   0.630     100.6      100.7      -0.3      -0.1      -0.2      -0.1       0.1
74               General industrial machinery,
                        equipment, & parts, n.e.s....................   4.695     104.7      104.8       2.3       0.5       0.5       0.2       0.1
75               Computer equipment and office machines..............   5.571      88.5       88.5       0.5       0.2       0.1       0.0       0.0
76               Telecommunications & sound recording
                        & reproducing apparatus & equipment..........   3.407      92.3       92.3      -1.6      -0.1      -0.1       0.0       0.0
77               Electrical machinery and equipment..................  11.216      88.5       88.3      -1.6       0.3      -0.1       0.0      -0.2
78               Road vehicles.......................................   8.757     102.4      102.4       1.3       0.0       0.4       0.1       0.0

8          MISCELLANEOUS MANUFACTURED ARTICLES.......................  11.115     100.9      100.8      -0.4       0.0       0.0       0.0      -0.1
82               Furniture and parts thereof.........................   0.633     102.5      102.3       0.9       0.0       0.0       0.1      -0.2
84               Articles of apparel and clothing accessories........   0.859      96.9       96.9      -0.1       0.0       0.1       0.0       0.0
87               Professional, scientific and controlling
                        instruments and apparatus, n.e.s.............   4.224     102.1      102.0      -0.2       0.0      -0.1      -0.1      -0.1
88               Photographic apparatus, equipment and
                        supplies and optical goods, n.e.s............   0.945      94.6       94.3      -4.7      -0.2      -0.5       0.1      -0.3
89               Miscellaneous manufactured articles, n.e.s..........   4.073     101.6      101.3      -0.3       0.0       0.2       0.0      -0.3
      2/   Other miscellaneous manufactured articles.................   0.381     106.3      107.6       4.1       0.1       0.1       0.0       1.2


     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  5    U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
Harmo-                                                                 ance                             June      Feb.     March     April      May
nized                            Description                                                            2003      2004      2004      2004      2004
System                                                                  May        May       June        to        to        to        to        to
                                                                        2004       2004      2004       June     March     April      May       June
                                                                         1/                             2004      2004      2004      2004      2004

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.539     106.5      106.7      12.2       4.2       2.0       1.5       0.2
02               Meat and edible meat offal..........................   0.380     126.4      127.7      22.7       2.6       0.1       3.1       1.0
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.677      82.8       82.5       0.7       4.4       1.8      -2.6      -0.4
      2/         Other live animals; animal products.................   0.482     151.2      151.6      22.3       5.0       4.0       6.6       0.3
II         VEGETABLE PRODUCTS........................................   1.145     102.5      100.5      -2.1      -2.6      -1.2      -1.9      -2.0
07               Edible vegetables, roots, and tubers................   0.254     110.0      101.5     -17.3      -6.5     -10.4      -9.0      -7.7
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.352      97.8       95.7      -0.8      -3.8       6.6      -0.2      -2.1
09               Coffee, tea, mate and spices........................   0.219      88.6       97.0      24.5       0.2      -1.3      -1.2       9.5
      2/         Other vegetable products............................   0.320     112.1      106.4      -5.8       0.9      -0.4       2.1      -5.1
IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.145     108.9      108.7       3.1       0.3       1.3       0.1      -0.2
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.241     101.4      100.9       1.8       0.1       0.8      -0.1      -0.5
22               Beverages, spirits, and vinegar.....................   0.826     103.7      103.6       1.5       0.4       0.0       0.2      -0.1
      2/         Other prepared foodstuffs...........................   1.078     115.4      115.1       4.7       0.3       2.4       0.2      -0.3

V          MINERAL PRODUCTS..........................................  15.248     130.5      130.0      29.2       2.4       0.2       8.3      -0.4
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  14.931     129.7      129.2      29.8       2.4       0.2       8.5      -0.4
      2/         Other mineral products (200112=100).................   0.317     109.1      109.4       8.4       0.4       1.3       0.1       0.3

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   6.954     103.0      103.6       4.5       0.3      -0.3       0.0       0.6
28               Inorganic chemicals.................................   0.656     114.7      117.2      12.8       0.3      -5.3       1.4       2.2
29               Organic chemicals...................................   2.835      99.3      100.2       3.3       0.0       0.9      -0.3       0.9
30               Pharmaceutical products.............................   1.953     107.2      106.9       5.0       0.4      -0.4      -0.3      -0.3
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.202      97.9       97.9      -0.5      -0.2       0.5       0.0       0.0
33               Essential oils and resinoids (200112=100)...........   0.287     105.1      105.2       1.8       0.5      -0.3      -0.3       0.1
37               Photographic or cinematographic goods...............   0.174      97.3       97.3      -0.6       0.4       0.5       0.0       0.0
38               Miscellaneous chemical products.....................   0.393      92.2       92.1      -2.7      -0.3      -1.1       0.0      -0.1
      2/         Other products of the chemical or allied industries.   0.454     112.3      113.8      10.4       2.3       0.4       0.6       1.3

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.738     106.1      105.7       1.7       0.7       0.1       0.0      -0.4
39               Plastics and articles thereof.......................   1.820     105.4      105.0       1.2       0.7      -0.2       0.0      -0.4
40               Rubber and articles thereof.........................   0.918     107.5      107.2       3.1       0.7       0.8      -0.2      -0.3

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.721     101.5      101.5       1.6       0.1       0.0       0.1       0.0
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.610     101.9      101.8       1.0       0.1      -0.1       0.0      -0.1
IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.866     134.4      128.8      34.0       6.1       2.0       3.2      -4.2

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.832      97.7       98.1       3.0       0.9       0.5       0.6       0.4
47               Pulp wood or other fibrous cellulosic
                        material; waste paper/paperboard.............   0.260     102.9      105.5      10.6       3.8       5.7       2.5       2.5
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.257      94.7       94.7       2.2       0.5      -0.2       0.6       0.0
49               Printed matter......................................   0.315     112.1      112.1       1.4       0.0      -0.4      -0.4       0.0

XI         TEXTILE AND TEXTILE ARTICLES..............................   6.357     100.2      100.2       0.4       0.0      -0.2       0.0       0.0
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   2.351      99.5       99.5      -0.5      -0.1      -0.2       0.0       0.0
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.578     100.1      100.1       0.2      -0.1       0.0       0.0       0.0
63               Made-up or worn textile articles....................   0.461      94.4       94.5       1.6       0.0      -1.6       0.0       0.1
      2/         Other textile & textile articles....................   0.967     105.0      105.0       3.0       0.6       0.4      -0.2       0.0

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.527      99.9       99.9       0.5       0.0       0.1      -0.1       0.0
64               Footwear and  parts of such articles................   1.299     100.4      100.4       0.4       0.1       0.0       0.0       0.0
      2/         Other footwear, headgear, umbrellas,
                       whips, art. flowers, etc......................   0.228      97.3       97.2       0.9      -0.3       0.0      -0.1      -0.1

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   1.025     103.9      104.3       1.9      -0.1       0.4      -0.3       0.4
68               Articles of stone, plaster, cement,
                        asbestos, or mica (200112=100)...............   0.311      99.1       99.0      -1.3       0.0      -0.2      -0.1      -0.1
69               Ceramic products....................................   0.353     108.0      109.2       5.9      -0.1       0.7       0.0       1.1
70               Glass and glassware.................................   0.360     103.7      103.7       0.6      -0.1       0.3      -0.5       0.0

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.418      94.7       94.0       7.1       0.1       1.9      -0.9      -0.7

XV         BASE METALS AND ARTICLES OF BASE METAL....................   5.611     119.9      119.0      23.3       3.7       3.2       3.7      -0.8
72               Iron and steel......................................   1.575     153.9      152.8      47.9       6.4       7.8      10.8      -0.7
73               Articles of iron or steel...........................   1.347     107.9      108.3      11.9       1.7       1.7       1.1       0.4
74               Copper and articles thereof.........................   0.478     125.3      120.9      28.2       8.4       1.1      -0.5      -3.5
76               Aluminum and articles thereof.......................   0.876     112.2      110.5      14.2       3.0       3.5       1.4      -1.5
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.407     103.4      103.6       5.3       1.3       0.9       0.0       0.2
83               Miscellaneous articles of base metal................   0.455     106.8      106.8       3.6       0.6       1.9       0.0       0.0
      2/         Miscellaneous nonferrous metals and
                       articles, including scrap.....................   0.473     112.4      110.1      50.4       4.0      -0.7       6.0      -2.0

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  25.178      91.1       91.0      -1.9      -0.1      -0.5      -0.1      -0.1
84               Machinery and mechanical appliances; parts thereof..  13.049      91.5       91.3      -1.7       0.0      -0.7       0.0      -0.2
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  12.129      90.7       90.6      -2.4      -0.2      -0.5      -0.1      -0.1

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  15.903     102.6      102.8       1.8       0.1       0.1       0.1       0.2
87               Motor vehicles and their parts......................  14.465     102.2      102.4       1.7       0.1       0.1       0.1       0.2
88               Aircraft, spacecraft, and parts
                        thereof (200212=100).........................   1.317     102.5      102.6       1.5       0.0       0.3       0.1       0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   3.313      99.2       99.1      -0.5      -0.1      -0.2      -0.4      -0.1
90               Optical, photographic, measuring and
                        medical instruments..........................   2.924      98.4       98.2      -0.6      -0.1      -0.2      -0.4      -0.2
91               Clocks and watches and parts thereof................   0.277     106.4      106.9      -0.4       0.2      -1.2      -0.5       0.5

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   4.253      97.3       97.3      -0.2       0.3      -0.2       0.1       0.0
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.275      99.6       99.6       1.3       0.4       1.0       0.0       0.0
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.740      94.4       94.4      -2.5       0.0      -1.6       0.1       0.0
96               Miscellaneous manufactured articles.................   0.239      98.3       98.3       0.5       0.3       0.1       0.1       0.0


     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
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                                         Index                            Percent Change
                                                                     Relative
                                                                      Import-                          Annual             Monthly
Harmo-                                                                 ance                             June      Feb.     March     April      May
nized                            Description                                                            2003      2004      2004      2004      2004
System                                                                  May        May       June        to        to        to        to        to
                                                                        2004       2004      2004       June     March     April      May       June
                                                                         1/                             2004      2004      2004      2004      2004

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.987     122.5      121.6      16.4       2.0       1.2       0.4      -0.7
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.447     107.8      106.1      -3.2       1.1       1.8      -0.9      -1.6
      2/         Other live animals and animal products..............   0.344     123.8      120.2      20.9       4.4       9.1       3.7      -2.9
II         VEGETABLE PRODUCTS........................................   5.037     152.3      140.3      22.0       6.1       5.2       1.0      -7.9
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.660     105.0      111.7      14.8       3.5       1.1       1.9       6.4
10               Cereals.............................................   1.868     148.7      143.4      20.2       3.5       6.6      -1.4      -3.6
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   1.856     186.9      160.9      32.4      11.4       7.7       0.9     -13.9
III        ANIMAL OR VEGETABLE FATS AND OILS.........................   0.399     183.7      166.2      13.4       2.4       1.5       0.1      -9.5
IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.793     113.3      111.1       8.1       1.3       1.8       0.4      -1.9
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.318     105.4      105.3      -0.8       0.0      -0.6      -0.4      -0.1
21               Miscellaneous edible preparations...................   0.415     101.7      102.6       1.0       0.4      -0.1       0.0       0.9
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.767     152.2      140.7      26.0       4.5       5.9       1.5      -7.6
      2/         Other prepared foods................................   0.845     107.8      108.0       4.9       0.4       1.1       0.2       0.2

V          MINERAL PRODUCTS..........................................   2.887     132.2      128.5      20.8       3.8       0.9       6.7      -2.8
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   2.307     130.4      125.9      18.5       3.0      -0.2       9.3      -3.5

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  10.757     107.5      107.9       5.4       0.8       0.8       0.1       0.4
28               Inorganic chemicals.................................   0.905     104.1      105.4       4.9       0.3       1.4      -0.1       1.2
29               Organic chemicals...................................   3.426     113.4      114.7      10.2       1.6       1.9       0.6       1.1
30               Pharmaceutical products.............................   2.000     105.5      105.8       2.3       0.4       0.2       0.0       0.3
31               Fertilizers.........................................   0.432     133.0      127.9      10.4       6.1       2.9      -3.4      -3.8
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.585      97.5       97.5      -1.6       0.0      -0.3       0.2       0.0
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.693     107.3      106.7       8.4       0.2       0.1       0.0      -0.6
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.367     102.0      103.1       3.2       0.0      -0.4       0.1       1.1
37               Photographic or cinematographic goods...............   0.424      98.5       98.2      -4.0      -0.1      -1.4      -0.4      -0.3
38               Miscellaneous chemical products.....................   1.646     105.1      105.0       4.7      -0.2       0.4       0.1      -0.1

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.258     105.2      105.6       2.9       0.5       0.0       0.3       0.4
39               Plastics and articles thereof.......................   4.244     103.4      103.6       3.3       0.7      -0.2       0.4       0.2
40               Rubber and articles thereof.........................   1.014     111.7      112.9       1.6      -0.3       0.5       0.1       1.1

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.495     107.9      108.3       3.8       0.4      -2.3      -1.5       0.4
41               Raw hides and skins (other than
                        furskins) and leather........................   0.445     104.3      104.5       1.2      -2.7      -1.8      -1.6       0.2
IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.847     104.3      103.6      11.4       1.8       1.1       0.5      -0.7

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.855      98.3       98.0       3.0       0.2       1.6       0.4      -0.3
47               Woodpulp and recovered paper........................   0.673      96.2       95.7      11.0       1.9       4.6       1.5      -0.5
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.542      96.3       96.5       1.4       0.1       0.7       0.3       0.2
49               Printed material....................................   0.640     108.6      107.0      -0.5      -0.9       0.1      -0.5      -1.5

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.910      99.4       98.7       1.0       0.1      -1.1      -0.2      -0.7
52               Cotton, including yarns and woven fabrics thereof...   0.791      99.9       96.3      10.1      -0.2      -3.9      -0.8      -3.6
61               Apparel & clothing knitted
                        or crocheted (200112=100)....................   0.492      95.1       95.1      -0.7       0.0       0.2       0.0       0.0
62               Apparel Articles & Accessories, not knitted.........   0.374      95.7       95.7       0.3       0.0       0.1       0.0       0.0
      2/         Other textile and textile articles (200112=100).....   1.253     105.5      106.1      -0.3       0.3      -0.2       0.2       0.6

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.792      98.3       98.6      -1.6       0.5      -0.7      -0.3       0.3
70               Glass and glassware.................................   0.474      94.8       95.1      -2.1      -0.1      -1.2      -0.5       0.3

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.288     103.9      101.6      10.3      -0.4       4.4      -0.6      -2.2

XV         BASE METALS AND ARTICLES OF BASE METALS...................   4.892     120.3      119.7      19.5       3.7       1.6       1.8      -0.5
72               Iron and steel......................................   1.186     158.8      151.7      47.7       7.3       3.4       5.6      -4.5
73               Articles of iron or steel...........................   1.282     113.7      116.8      11.6       1.2       1.5       3.6       2.7
74               Copper and articles thereof.........................   0.396     119.8      121.9      30.5       9.4      -1.8      -6.8       1.8
76               Aluminum and articles thereof.......................   0.829     110.5      107.1      13.2       3.3       2.1       1.3      -3.1
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.399     101.5      102.2       1.4      -0.2       0.2       0.0       0.7
83               Miscellaneous articles of base metal................   0.458     109.9      109.9       1.4       0.3       0.2       0.8       0.0

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  33.598      95.3       95.2      -0.2       0.2       0.1       0.0      -0.1
84               Machinery and mechanical appliances; parts thereof..  18.583     100.3      100.3       1.2       0.2       0.2       0.0       0.0
85               Electrical machinery and equipment
                        and parts and accessories thereof............  15.015      89.7       89.5      -1.9       0.2      -0.1       0.0      -0.2

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  14.521     106.3      106.5       1.9       0.1       0.3       0.0       0.2
87               Motor vehicles and their parts......................   9.069     102.4      102.4       1.3       0.0       0.4       0.1       0.0

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.065     101.4      101.3       0.1       0.0      -0.1       0.0      -0.1

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.469      99.1       99.2      -1.3       0.0      -0.4       0.0       0.1
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.831     102.8      103.0       1.3       0.0       0.0       0.1       0.2
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.491      94.7       94.6      -3.7      -0.1      -1.3      -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  7    U.S. Import Price Indexes and Percent Changes by Locality of Origin
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                          Index                           Percent Change

                                                                                         Annual            Monthly
                                                        Percentage                        June      Feb.    March    April     May
                        Description                         of                            2003      2004     2004     2004     2004
                                                           U.S.    May        June         to        to       to       to       to
                                                         Imports   2004       2004        June     March    April     May      June
                                                            1/                            2004      2004     2004     2004     2004

 2/ Industrialized Countries............................ 49.276   104.5      104.8        6.5       0.5      0.5      0.6      0.3
         Manufactured Goods............................. 45.418   102.9      103.1        5.5       0.7      0.7      0.1      0.2
         Nonmanufactured Goods..........................  3.591   130.0      130.6       14.9      -1.8     -0.5      6.3      0.5


 3/ Other Countries..................................... 50.724    98.1       97.9        5.2       0.7      0.5      1.3     -0.2
         Manufactured Goods............................. 43.453    96.3       96.4        1.4       0.2      0.4      0.7      0.1
         Nonmanufactured Goods..........................  7.173   123.9      121.9       24.4       3.7      0.4      4.5     -1.6


    Canada.............................................. 17.463   111.8      111.8        8.4       0.6      0.5      1.1      0.0
         Manufactured Goods............................. 14.664   108.7      108.5        7.3       1.5      0.7      0.6     -0.2
         Nonmanufactured Goods..........................  2.611   132.0      132.9       11.7      -4.0      0.3      4.3      0.7


 4/ European Union...................................... 18.739   108.3      108.3        5.4       0.6      0.8      0.0      0.0
         Manufactured Goods............................. 18.224   108.1      108.1        4.7       0.4      0.9     -0.3      0.0
         Nonmanufactured Goods..........................  0.458   135.6      133.9       25.5       6.3     -1.5      7.2     -1.3


 5/ Latin America....................................... 17.761   109.4      108.9        9.3       1.0      1.3      1.6     -0.5
         Manufactured Goods............................. 14.150   109.1      109.2        5.4       0.4      1.4      0.1      0.1
         Nonmanufactured Goods..........................  3.575   129.7      127.0       22.7       3.4      1.1      6.0     -2.1


    Japan............................................... 10.651    95.3       95.0        0.8       0.1     -0.1      0.2     -0.3


 6/ Asian Newly Industrialized Countries................  8.019    90.9       90.9       -0.7      -0.1      0.6      0.1      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
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                            Index                             Percent Change

                                                                                          Annual              Quarterly
                                                           Trade                           June       June      Sept.     Dec.     March
                        Description                        (Mil.                           2003       2003      2003      2003      2004
                                                             of      March      June        to         to        to        to        to
                                                          Dollars)   2004       2004       June       Sept.     Dec.     March      June
                                                             1/                            2004       2003      2003      2004      2004


    IMPORT

      Air Freight.......................................    4168     117.1      117.4        5.3       4.8      -1.6       1.9       0.3
             Europe (200312=100)........................    1407     106.0      107.6       n.a.      n.a.      n.a.       6.0       1.5
             Asia.......................................    2329     110.0      108.6        4.4      10.8      -4.2      -0.4      -1.3

    EXPORT

      Air Freight.......................................    2836      97.1       99.1        4.1      -0.1       0.3       1.8       2.1


    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
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                           Index                        Percent Change

                                                                                        Annual           Monthly
                                                          Trade                          June     Feb.    March    April     May
                        Description                       (Mil.                          2003     2004     2004     2004     2004
                                                            of       May       June       to       to       to       to       to
                                                         Dollars)    2004      2004      June    March    April     May      June
                                                            1/                           2004     2004     2004     2004     2004


    IMPORT

      Air Passenger Fares...............................   18253    112.2     123.1       0.7     -0.3      7.3      0.9      9.7
             Europe.....................................   11250    107.9     119.9      -1.6      0.5     10.7      0.9     11.1
             Asia.......................................    2626    104.0     121.8       1.5     -1.9      1.7      1.5     17.1
             Latin America / Caribbean..................    1916    112.5     114.5       7.4      1.8      1.5      1.2      1.8

    EXPORT


      Air Passenger Fares...............................   20319    123.5     123.8       5.8     -0.1      0.5     -0.2      0.2
             Europe.....................................    5394    144.9     150.7       2.7      1.5     -2.1     -2.0      4.0
             Asia.......................................    8936    110.7     107.0       6.2     -0.4      0.1      3.3     -3.3
             Latin America / Caribbean..................    3413    129.0     130.5      11.1     -2.5      2.7     -2.6      1.2


    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
                  June 2003-June 2004      2000=100, unless otherwise noted
                                                                           Index                         Percent Change

                                                                                       Annual            Quarterly
                                                          Trade                         June      June     Sept.    Dec.    March
                        Description                       (Mil.                         2003      2003     2003     2003     2004
                                                            of      March     June       to        to       to       to       to
                                                         Dollars)   2004      2004      June      Sept.    Dec.    March     June
                                                            1/                          2004      2003     2003     2004     2004

    INBOUND

      Air Freight.......................................    7483    116.2     116.5       6.5      2.8      0.4      2.9      0.3
           Europe (200312=100)..........................    2466    107.0     107.8      n.a.     n.a.     n.a.      7.0      0.7
           Asia.........................................    4180    107.3     106.8       5.7      7.1     -1.0      0.2     -0.5

      Ocean Liner Freight...............................   17817    119.1     121.1       4.3      0.1      1.4      1.1      1.7
           U.S. East Coast..............................    6938    114.8     116.0       7.0     -1.3      3.4      3.8      1.0
                 From Atlantic..........................    3022    121.6     119.2      13.1      0.0      7.3      7.5     -2.0
                 From Pacific...........................    2817    110.8     113.5       2.9      0.0     -0.6      1.1      2.4
           U.S. West Coast..............................   10879    122.5     124.9       2.8      1.0      0.2     -0.4      2.0

    OUTBOUND

      Air Freight.......................................    5193     96.1      98.9       3.7      0.1     -0.6      1.3      2.9
           Europe (200312=100)..........................    1998    101.8     106.6      n.a.     n.a.     n.a.      1.8      4.7
           Asia.........................................    2365     96.0      97.6       2.4      0.4     -0.3      0.6      1.7


    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
                   June 2003-June 2004      2000=100, unless otherwise noted
                                                                           Index                         Percent Change

                                                                                        Annual           Monthly
                                                          Trade                          June     Feb.    March    April     May
                        Description                       (Mil.                          2003     2004     2004     2004     2004
                                                           of        May       June       to       to       to       to       to
                                                         Dollars)    2004      2004      June    March    April     May      June
                                                            1/                           2004     2004     2004     2004     2004

    INBOUND


      Air Passenger Fares (200312=100)..................   38589    104.7     106.1      n.a.      0.7      0.2     -0.6      1.3
           Europe (200312=100)..........................   15654    104.1     108.7      n.a.      1.6     -0.8     -2.8      4.4
           Asia (200312=100)............................   12401    107.8     105.8      n.a.      1.4     -0.7      3.3     -1.9
           Latin America / Caribbean (200312=100).......    5604    100.8     102.1      n.a.     -2.5      1.4     -1.8      1.3
           Canada (200312=100)..........................    2905    101.9     102.6      n.a.     -1.5      6.1     -1.8      0.7

      Crude Oil Tanker Freight..........................    3434     n.a.      n.a.      n.a.    -14.7     -8.8     n.a.     n.a.

    OUTBOUND

      Air Passenger Fares (200312=100)..................   43898    106.7     114.2      n.a.     -0.5      7.3      0.2      7.0
           Europe (200312=100)..........................   21857    113.8     125.0      n.a.     -0.1     11.6      0.8      9.8
           Asia (200312=100)............................    7190    100.1     108.1      n.a.      0.2      5.2      0.6      8.0
           Latin America / Caribbean (200312=100).......    9206     99.2     101.1      n.a.     -0.4      0.2     -0.5      1.9
           Canada (200312=100)..........................    2982    108.0     107.3      n.a.      0.0      4.3      4.4     -0.6


    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.


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