MarketXLS

Real imports of goods and services

3.862T for Q2 2026

Real imports of goods and services came in at 3.862T for Q2 2026, up 2.75% from 3.759T the prior quarter and 4.24% above its level of 3.705T one year ago. The series has averaged 1.141T since 1947, reaching a record high of 4.04T in January 2025 and a record low of 48.7B in July 1947.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

Embed this chart

Preview ↗

Free to use on your site, blog, or newsletter. The chart stays current automatically - just keep the built-in attribution link. Click the code to copy it.

<iframe src="https://marketxls.com/embed/indicators/us-imports" width="100%" height="460" frameborder="0" title="Real imports of goods and services chart"></iframe>
Cite this data: "Real imports of goods and services," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/us-imports

Historical Data

Observation dateValue
April 1, 20263.862T
January 1, 20263.759T
October 1, 20253.655T
July 1, 20253.664T
April 1, 20253.705T
January 1, 20254.04T
October 1, 20243.727T
July 1, 20243.729T
April 1, 20243.64T
January 1, 20243.568T
October 1, 20233.509T
July 1, 20233.463T
April 1, 20233.437T
January 1, 20233.456T
October 1, 20223.465T
July 1, 20223.492T
April 1, 20223.545T
January 1, 20223.484T
October 1, 20213.387T
July 1, 20213.226T
April 1, 20213.174T
January 1, 20213.107T
October 1, 20203.049T
July 1, 20202.838T
April 1, 20202.436T
January 1, 20202.932T
October 1, 20193.04T
July 1, 20193.098T
April 1, 20193.111T
January 1, 20193.094T
October 1, 20183.096T
July 1, 20183.064T
April 1, 20183.022T
January 1, 20183.018T
October 1, 20173.005T
July 1, 20172.924T
April 1, 20172.912T
January 1, 20172.885T
October 1, 20162.841T
July 1, 20162.801T
April 1, 20162.78T
January 1, 20162.777T
October 1, 20152.78T
July 1, 20152.772T
April 1, 20152.754T
January 1, 20152.732T
October 1, 20142.692T
July 1, 20142.623T
April 1, 20142.618T
January 1, 20142.56T
October 1, 20132.527T
July 1, 20132.508T
April 1, 20132.49T
January 1, 20132.454T
October 1, 20122.456T
July 1, 20122.479T
April 1, 20122.466T
January 1, 20122.457T
October 1, 20112.445T
July 1, 20112.413T
April 1, 20112.387T
January 1, 20112.378T
October 1, 20102.366T
July 1, 20102.358T
April 1, 20102.278T
January 1, 20102.179T
October 1, 20092.125T
July 1, 20092.027T
April 1, 20091.946T
January 1, 20092.029T
October 1, 20082.242T
July 1, 20082.326T
April 1, 20082.356T
January 1, 20082.378T
October 1, 20072.369T
July 1, 20072.392T
April 1, 20072.379T
January 1, 20072.366T
October 1, 20062.332T
July 1, 20062.335T
April 1, 20062.312T
January 1, 20062.289T
October 1, 20052.243T
July 1, 20052.173T
April 1, 20052.161T
January 1, 20052.132T
October 1, 20042.114T
July 1, 20042.066T
April 1, 20042.038T
January 1, 20041.96T
October 1, 20031.907T
July 1, 20031.848T
April 1, 20031.82T
January 1, 20031.794T
October 1, 20021.802T
July 1, 20021.77T
April 1, 20021.748T
January 1, 20021.691T
October 1, 20011.644T
July 1, 20011.661T
April 1, 20011.7T
January 1, 20011.756T
October 1, 20001.779T
July 1, 20001.776T
April 1, 20001.715T
January 1, 20001.662T
October 1, 19991.601T
July 1, 19991.561T
April 1, 19991.507T
January 1, 19991.465T
October 1, 19981.425T
July 1, 19981.38T
April 1, 19981.362T
January 1, 19981.331T
October 1, 19971.283T
July 1, 19971.256T
April 1, 19971.211T
January 1, 19971.172T
October 1, 19961.124T
July 1, 19961.102T
April 1, 19961.068T
January 1, 19961.044T
October 1, 19951.011T
July 1, 1995999B
April 1, 1995995B
January 1, 1995986B
October 1, 1994965B
July 1, 1994938B
April 1, 1994913B
January 1, 1994880B
October 1, 1993860B
July 1, 1993827B
April 1, 1993816B
January 1, 1993799B
October 1, 1992782B
July 1, 1992764B
April 1, 1992752B
January 1, 1992740B
October 1, 1991735B
July 1, 1991719B
April 1, 1991699B
January 1, 1991687B
October 1, 1990695B
July 1, 1990714B
April 1, 1990717B
January 1, 1990718B
October 1, 1989696B
July 1, 1989684B
April 1, 1989685B
January 1, 1989681B
October 1, 1988678B
July 1, 1988658B
April 1, 1988643B
January 1, 1988650B
October 1, 1987654B
July 1, 1987639B
April 1, 1987627B
January 1, 1987611B
October 1, 1986615B
July 1, 1986610B
April 1, 1986594B
January 1, 1986570B
October 1, 1985570B
July 1, 1985549B
April 1, 1985554B
January 1, 1985528B
October 1, 1984540B
July 1, 1984525B
April 1, 1984511B
January 1, 1984491B
October 1, 1983454B
July 1, 1983433B
April 1, 1983402B
January 1, 1983373B
October 1, 1982365B
July 1, 1982380B
April 1, 1982363B
January 1, 1982369B
October 1, 1981380B
July 1, 1981369B
April 1, 1981373B
January 1, 1981373B
October 1, 1980358B
July 1, 1980339B
April 1, 1980366B
January 1, 1980394B
October 1, 1979394B
July 1, 1979386B
April 1, 1979392B
January 1, 1979389B
October 1, 1978391B
July 1, 1978385B
April 1, 1978380B
January 1, 1978379B
October 1, 1977355B
July 1, 1977350B
April 1, 1977355B
January 1, 1977352B
October 1, 1976336B
July 1, 1976325B
April 1, 1976313B
January 1, 1976300B
October 1, 1975282B
July 1, 1975268B
April 1, 1975247B
January 1, 1975269B
October 1, 1974299B
July 1, 1974302B
April 1, 1974307B
January 1, 1974291B
October 1, 1973302B
July 1, 1973299B
April 1, 1973308B
January 1, 1973317B
October 1, 1972303B
July 1, 1972290B
April 1, 1972284B
January 1, 1972295B
October 1, 1971257B
July 1, 1971276B
April 1, 1971270B
January 1, 1971251B
October 1, 1970254B
July 1, 1970250B
April 1, 1970251B
January 1, 1970246B
October 1, 1969246B
July 1, 1969249B
April 1, 1969252B
January 1, 1969211B
October 1, 1968233B
July 1, 1968235B
April 1, 1968221B
January 1, 1968218B
October 1, 1967206B
July 1, 1967196B
April 1, 1967193B
January 1, 1967195B
October 1, 1966192B
July 1, 1966190B
April 1, 1966180B
January 1, 1966175B
October 1, 1965171B
July 1, 1965163B
April 1, 1965162B
January 1, 1965145B
October 1, 1964150B
July 1, 1964146B
April 1, 1964143B
January 1, 1964140B
October 1, 1963140B
July 1, 1963140B
April 1, 1963137B
January 1, 1963134B
October 1, 1962137B
July 1, 1962135B
April 1, 1962133B
January 1, 1962130B
October 1, 1961127B
July 1, 1961124B
April 1, 1961116B
January 1, 1961115B
October 1, 1960115B
July 1, 1960121B
April 1, 1960125B
January 1, 1960124B
October 1, 1959119B
July 1, 1959122B
April 1, 1959121B
January 1, 1959115B
October 1, 1958112B
July 1, 1958107B
April 1, 1958108B
January 1, 1958104B
October 1, 1957103B
July 1, 1957102B
April 1, 1957104B
January 1, 1957103B
October 1, 195695.8B
July 1, 1956100B
April 1, 195699.5B
January 1, 1956100B
October 1, 195596B
July 1, 195592.6B
April 1, 195591.1B
January 1, 195586.2B
October 1, 195481.4B
July 1, 195480.6B
April 1, 195485.8B
January 1, 195478.7B
October 1, 195383.6B
July 1, 195387.9B
April 1, 195388.2B
January 1, 195383.9B
October 1, 195286B
July 1, 195278.9B
April 1, 195274.4B
January 1, 195274.8B
October 1, 195167B
July 1, 195168.8B
April 1, 195175.1B
January 1, 195177.7B
October 1, 195077.7B
July 1, 195077.6B
April 1, 195062.9B
January 1, 195059.6B
October 1, 194958B
July 1, 194957.1B
April 1, 194959.5B
January 1, 194960.4B
October 1, 194862.3B
July 1, 194863.3B
April 1, 194860.2B
January 1, 194857.9B
October 1, 194751.3B
July 1, 194748.7B
April 1, 194754.9B
January 1, 194753.9B

About Real imports of goods and services

What it measures

Real Imports of Goods and Services (FRED series IMPGSC1) measures the inflation-adjusted value of foreign-produced goods and services purchased by US households, businesses, and government. The Bureau of Economic Analysis publishes it quarterly in chained dollars. In GDP accounting imports are subtracted, since they represent spending on output produced elsewhere.

Why it matters

Imports are a direct window on US domestic demand: when consumers and businesses spend freely, imports rise. The series also reveals inventory-building ahead of expected tariffs or supply disruptions, and it shapes the trade contribution to GDP. Sharp import swings around trade policy changes can distort headline GDP in both directions.

How to read it

Strong import growth generally signals healthy domestic demand even though it mechanically subtracts from GDP; treat the subtraction as accounting, not economic weakness. Falling imports frequently accompany recessions as spending retreats. Watch for temporary surges when firms front-run tariffs, which depress GDP in the surge quarter and flatter it afterward as the effect unwinds.

Get Real imports of goods and services in Excel

Pull Real imports of goods and services directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=RealImports()

View the Real Imports formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Real imports of goods and services?

Real imports of goods and services is 3.862T as of April 2026.

What is the all-time high and low of Real imports of goods and services?

The highest value on record is 4.04T (January 2025) and the lowest is 48.7B (July 1947).

How often is Real imports of goods and services updated?

Real imports of goods and services is published on a quarterly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Real imports of goods and services in Excel?

Use the MarketXLS Excel formula =RealImports() to pull Real imports of goods and services directly into any cell, with historical values available for analysis.

Basic info
Imports are the goods and services that are purchased from the rest of the world by a country's residents.
RegionUnited States
FrequencyQuarterly
Last updatedJuly 30, 2026
Seasonal adjustmentSeasonally Adjusted Annual Rate
UnitBillions of Chained 2017 Dollars

Stats
Last Value3.862T
Latest PeriodQ2 2026
Last UpdatedJuly 30 2026, 10:07
Value Previous Quarter3.759T
Change From Previous Quarter2.75%
Value 1 Year Ago3.705T
Change From Year Ago4.24%
Average Growth Rate5.54%/yr
Record High (Jan 2025)4.04T
Record Low (Jul 1947)48.7B
Long-Term Average1.141T
FrequencyQuarterly
AdjustmentSeasonally Adjusted Annual Rate
UnitBillions of Chained 2017 Dollars

Annual Averages
20263.811T
20253.766T
20243.666T
20233.466T
20223.496T
20213.224T
20202.814T
20193.086T
20183.05T
20172.932T
20162.8T
20152.76T

Related Indicators
Real Gross Domestic Product
Real Personal Consumption Expenditures
Real Gross Private Domestic Investment
Real Government Spending
Real Net Exports of Goods and Services
Real Exports of Goods and Services
Federal Receipts
Federal Net Outlays
Federal Surplus or Deficit
US Federal Debt (Total Public Debt)
Real Private Nonresidential Fixed Investment
Real Private Residential Fixed Investment
<< PREVIOUS INDICATOR
NEXT INDICATOR>>