Imports of goods and services into the US surged 3% to $352.3 billion in September 2024, the highest on record. Goods imports specifically grew by $10.9 billion, reaching $285 billion, with substantial contributions from consumer goods ($4 billion), capital goods ($2.8 billion), and industrial supplies and materials ($2.2 billion). Within these categories, imports of pharmaceuticals surged by $1.9 billion, and automotive-related imports, notably passenger cars, climbed by $1.2 billion. This increase was partially offset by a $0.6 billion decrease in services imports, due to lower charges for intellectual property use and a slight drop in travel expenses. source: U.S. Census Bureau

Imports in the United States increased to 352.31 USD Billion in September from 341.98 USD Billion in August of 2024. Imports in the United States averaged 87.34 USD Billion from 1950 until 2024, reaching an all time high of 352.31 USD Billion in September of 2024 and a record low of 0.58 USD Billion in March of 1950. This page provides the latest reported value for - United States Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Imports - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.

Imports in the United States increased to 352.31 USD Billion in September from 341.98 USD Billion in August of 2024. Imports in the United States is expected to be 338.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-08 12:30 PM
Imports
Aug $342.2B $345.4B $342.0B
2024-11-05 01:30 PM
Imports
Sep $352.3B $342B $ 346B
2024-12-05 01:30 PM
Imports
Oct $352.3B


Related Last Previous Unit Reference
Balance of Trade -84.36 -70.79 USD Billion Sep 2024
Exports 267.95 271.19 USD Billion Sep 2024
Goods Trade Balance -108230.00 -94218.00 USD Million Sep 2024
Imports 352.31 341.98 USD Billion Sep 2024
Oil Exports 8391.00 9681.00 USD Million Sep 2024

United States Imports
The United States is the world's second-biggest importer. In 2022, the main imports were consumer goods (27 percent), capital goods (26 percent), and industrial supplies (25 percent) followed by automotive vehicles, parts and engines (12 percent), and foods, feeds and beverages (6 percent). Shipments from China represented 17 percent of the total imports followed by Mexico (14 percent), Canada (13 percent), Japan (4.5 percent), and Germany (4.5 percent).
Actual Previous Highest Lowest Dates Unit Frequency
352.31 341.98 352.31 0.58 1950 - 2024 USD Billion Monthly


News Stream
US Imports Hit Record High
Imports of goods and services into the US surged 3% to $352.3 billion in September 2024, the highest on record. Goods imports specifically grew by $10.9 billion, reaching $285 billion, with substantial contributions from consumer goods ($4 billion), capital goods ($2.8 billion), and industrial supplies and materials ($2.2 billion). Within these categories, imports of pharmaceuticals surged by $1.9 billion, and automotive-related imports, notably passenger cars, climbed by $1.2 billion. This increase was partially offset by a $0.6 billion decrease in services imports, due to lower charges for intellectual property use and a slight drop in travel expenses.
2024-11-05
US Imports Ease from 2-1/2-Year High
Imports of goods and services into the US fell by 0.9% to $342.2 billion in August of 2024 after reaching a two-and-a-half-year high in the previous month. Foreign purchases fell for capital goods (-$3.8 billion) amid lower imports of industrial supplies (-$3.9 billion), nonmonetary gold (-$1.2 billion), finished metal (-$1 billion), and crude oil (-$1 billion). This offset a $0.7 billion increase in the imports of services.
2024-10-08
US Imports Up to Near 2-1/2-Year High
Imports of goods and services into the US rose 2.1% month-over-month to $345.4 billion in July 2024, the highest value since March 2022, boosted by purchases of capital goods ($3.3 billion), of which computer accessories, and industrial supplies and materials ($2.8 billion), including nonmonetary gold ($1.1 billion) and finished metal shapes ($0.9 billion). Acquisitions of consumer goods went up by $0.6 billion. Meanwhile, imports of services increased by $0.8 billion to $67.2 billion, primarily charges for the use of intellectual property ($0.5 billion).
2024-09-04


International Trade
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