Imports to the United States rose by USD 7.4 billion from the previous month to USD 239.0 billion in August 2020, the highest level since February, as domestic demand continued its recovery from the pandemic hit. Goods purchases advanced by USD 6.5 billion to USD 203.0 billion, led by imports of consumer goods, such as pharmaceutical preparations; automotive vehicles, parts, and engines; and other goods. Meanwhile, purchases of industrial supplies and materials were sharply down, due to falls in nonmonetary gold and finished metal shapes. Imports of services increased by USD 0.8 billion to USD 36.1 billion, boosted by travel and transport.
Imports in the United States averaged 74330.72 USD Million from 1950 until 2020, reaching an all time high of 266719 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. United States Imports - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: U.S. Census Bureau
Imports in the United States is expected to be 245000.00 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 253000.00 in 12 months time. In the long-term, the United States Imports is projected to trend around 259000.00 USD Million in 2021 and 269000.00 USD Million in 2022, according to our econometric models.