Imports to the US rose USD 6.8 billion to USD 258.5 billion in December 2019 from the previous month's two-year low. Goods purchases climbed to a seven-month high after declining for three consecutive months, led by imports of industrial supplies and materials (up USD 4.0 billion) such as crude oil, nonmonetary gold and other petroleum products. Other goods purchases also increased USD 1.2 billion, and imports of services, including travel and transport, were up USD 0.4 billion. On a non seasonally adjusted basis, imports rose from Canada (8.7 percent), the EU (2.3 percent) and Japan (0.7 percent), but declined from China (-7.7 percent) and Mexico (-5.4 percent).
Imports in the United States averaged 72677.87 USD Million from 1950 until 2019, reaching an all time high of 266816 USD Million in October of 2018 and a record low of 577 USD Million 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. source: U.S. Census Bureau
Imports in the United States is expected to be 265000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in the United States to stand at 268000.00 in 12 months time. In the long-term, the United States Imports is projected to trend around 269000.00 USD Million in 2021, according to our econometric models.