Imports into the United States increased by $7.1 billion compared to the previous month to $331.9 billion in February 2024, marking their highest level since October 2022, primarily driven by a $4.7 billion increase in goods purchases. Among these, imports of consumer goods advanced by $1.6 billion, mainly attributed to purchases of cell phones and other household goods. Additionally, acquisitions of foods, feeds, and beverages were up by $1.3 billion, and those of automotive vehicles, parts, and engines increased by $1.1 billion due to purchases of other automotive parts and accessories. Lastly, imports of services rose by $2.4 billion, mainly due to an increase in the travel and transport sectors. source: U.S. Census Bureau

Imports in the United States increased to 331.91 USD Billion in February from 324.79 USD Billion in January of 2024. Imports in the United States averaged 85.30 USD Billion from 1950 until 2024, reaching an all time high of 348.22 USD Billion in March of 2022 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 April of 2024.

Imports in the United States increased to 331.91 USD Billion in February from 324.79 USD Billion in January of 2024. Imports in the United States is expected to be 325.00 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
2024-03-07 01:30 PM
Imports
Jan $324.6B $321.0B $323.3B
2024-04-04 12:30 PM
Imports
Feb $331.9B $324.8B $326B
2024-05-02 12:30 PM
Imports
Mar $331.9B $328.0B


Related Last Previous Unit Reference
Balance of Trade -68.90 -67.60 USD Billion Feb 2024
Exports 263.01 257.18 USD Billion Feb 2024
Goods Trade Balance -90304.00 -90565.00 USD Million Feb 2024
Imports 331.91 324.79 USD Billion Feb 2024
Oil Exports 10355.14 9258.39 USD Million Feb 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
331.91 324.79 348.22 0.58 1950 - 2024 USD Billion Monthly

News Stream
US Imports Hit 16-Month High
Imports into the United States increased by $7.1 billion compared to the previous month to $331.9 billion in February 2024, marking their highest level since October 2022, primarily driven by a $4.7 billion increase in goods purchases. Among these, imports of consumer goods advanced by $1.6 billion, mainly attributed to purchases of cell phones and other household goods. Additionally, acquisitions of foods, feeds, and beverages were up by $1.3 billion, and those of automotive vehicles, parts, and engines increased by $1.1 billion due to purchases of other automotive parts and accessories. Lastly, imports of services rose by $2.4 billion, mainly due to an increase in the travel and transport sectors.
2024-04-04
US Imports at 1-Year High
Imports into the United States increased by $3.6 billion compared to the previous month to $324.6 billion in January 2024, their highest level in a year, primarily driven by a $3.1 billion rise in goods purchases. Among these, capital goods imports advanced by $3.1 billion, mainly attributed to imports of computer accessories, computers, and semiconductors. Additionally, purchases of automotive vehicles, parts, and engines increased by $2.0 billion due to acquisitions of passenger cars, trucks, buses, and special-purpose vehicles. However, imports of industrial supplies and materials declined by $1.3 billion, and those of consumer goods decreased by $1.1 billion. Lastly, imports of services rose by $0.5 billion, mainly due to an increase in the travel and financial services sectors.
2024-03-07
US Imports Rebound 1.3% in December
Imports into the United States increased by $4.2 billion compared to the previous month to $320.4 billion in December 2023, up from November's four-month low, driven by a $3.8 billion rise in goods purchases. Among these, consumer goods imports advanced by $3.3 billion, primarily attributed to higher imports of pharmaceutical preparations, and cell phones, and other household goods. Additionally, purchases of industrial supplies and materials increased by $1.2 billion due to acquisitions of fuel oil and nuclear fuel materials. Capital goods imports, however, declined by $0.4 billion, and purchases of vehicles dropped by $0.4 billion. Lastly, imports of services rose by $0.5 billion, mainly due to an increase in the transport sector. Considering the 2023 full year, imports decreased by 3.6% or $142.7 billion from a record $3.65 trillion in 2022 due to the lower cost of oil and the slowdown in demand for goods.
2024-02-07


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