Real Imports
Returns the real (inflation-adjusted) imports value from FRED. This measures the value of goods and services imported into the United States.
Data Source
Data is sourced from the Bureau of Economic Analysis via FRED, reported quarterly.
Notes
- Values are inflation-adjusted (real) in billions of chained dollars
- Imports subtract from GDP calculation
- No parameters required
Syntax
=RealImports()Returns
number
Real imports value in billions of dollars
Examples
=RealImports()When to Use
- Trade balance analysis
- GDP component analysis
- International trade research
- Economic forecasting
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Export data | RealExports() |
| Net exports | RealNetExports() |
| Nominal imports | FRED direct access |
Common Issues & FAQ
Why do imports subtract from GDP?
Imports represent spending on foreign goods, so they're subtracted to get domestic production.
How often is this updated?
Quarterly, following BEA release schedule.
Related Formulas
More MarketXLS Economic Data formulas you can use in the same worksheet:
- Real Output Per Hour - Nonfarm
- Real Personal Consumption Expenditure
- Real Personal Consumption Expenditures
- Real Personal Consumption Expenditures - Durable Goods
- Real Personal Consumption Expenditures - Nondurable Goods
- Real Personal Consumption Expenditures - Services
- Real Personal Income Excluding Transfer Receipts
- Real Potential Gross Domestic Product
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