Imports into the United States fell by USD 3.1 billion to USD 313.0 billion in June 2023, the lowest level since November 2021, suggesting that persistently high inflation and rising interest rates may have impacted domestic demand. Imports of goods decreased by USD 2.9 billion, led by lower purchases of computers (down USD 1.6 billion); industrial supplies and materials (down USD 2.2 billion) including finished metal shapes and crude oil. Also, imports fell for artwork and other collectibles (down USD 1 billion) and gem diamonds (down USD 0.6 billion). On the other hand, imports rose for passenger cars (up USD 1.7 billion) and pharmaceutical preparations (up USD 2.4 billion). Finally, imports of services declined by USD 0.2 billion, driven by travel. source: U.S. Census Bureau
Imports in the United States averaged 83.16 USD Billion from 1950 until 2023, 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 August of 2023.
Imports in the United States is expected to be 310.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.