United States: Trade in Goods and Services - Total Value of Imports (SA)

Macro

2026-05-05

Description

The U.S. Imports of Goods and Services is jointly released by the Bureau of Economic Analysis (BEA) and the U.S. Census Bureau. It measures the total value of goods and services imported into the United States from around the world during a specific period.

An increase in the total value of imports typically indicates stronger domestic demand, with businesses and consumers requiring more foreign goods and services. This may suggest robust economic growth, but it can also lead to a widening trade deficit. Conversely, a decrease in the import value may indicate weakening domestic demand or disruptions in global supply chains, potentially impacting economic growth.

This data is released monthly, reflecting the import activity of the United States for the previous month.

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Monthly
Next Update

AI Data Insight

In February 2026 (Q1), total US imports of goods and services reached $381.165 billion, a steady increase from $372.135 billion in January, indicating that domestic demand remains resilient. This wave of import expansion was primarily supported by semiconductors and computer equipment driven by AI-related capital expenditures, offsetting geopolitical disturbances. Looking ahead, it is necessary to closely monitor the medium-term impact of tariff policy changes on the overall trade profile.

AI Data Insight

In February 2026 (Q1), total US imports of goods and services reached $381.165 billion, a steady increase from $372.135 billion in January, indicating that domestic demand remains resilient. This wave of import expansion was primarily supported by semiconductors and computer equipment driven by AI-related capital expenditures, offsetting geopolitical disturbances. Looking ahead, it is necessary to closely monitor the medium-term impact of tariff policy changes on the overall trade profile.

Description

The U.S. Imports of Goods and Services is jointly released by the Bureau of Economic Analysis (BEA) and the U.S. Census Bureau. It measures the total value of goods and services imported into the United States from around the world during a specific period.

An increase in the total value of imports typically indicates stronger domestic demand, with businesses and consumers requiring more foreign goods and services. This may suggest robust economic growth, but it can also lead to a widening trade deficit. Conversely, a decrease in the import value may indicate weakening domestic demand or disruptions in global supply chains, potentially impacting economic growth.

This data is released monthly, reflecting the import activity of the United States for the previous month.

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Monthly
Next Update