In August 2023, U.S. imports reached $314.3 billion.
Merchandise purchases fell by $2.4 billion. Imports of consumer goods declined by $1.9 billion, with cellular phones and other household goods down $1.5 billion. In addition, purchases of capital goods decreased by $1.8 billion, namely semiconductors (down $0.7 billion) and electrical equipment (down $0.4 billion). In contrast, imports of industrial supplies and materials increased by $2.7 billion, mainly attributable to higher purchases of crude oil (up $1.5 billion), other petroleum products (up $0.8 billion) and finished metal sections (up $0.8 billion). Meanwhile, imports of services increased by $0.1bn to $58.4bn in August, driven by travel (up $0.2bn) and other business services (up $0.1bn).
The latest Tendata iTrader data show that America's Top 10 imports for November 2023, based on 2-digit HS codes, were:
1.Petroluem Products (13.87%)
2.Crude Petroleum Value (12.41%)
3.Steel Products (11.58%)
4.Carbon Steel Produced (10.18%)
5.Alloy Steel Products (10.05%)
6.Goods On A Balance of Payments Basis (3.84%)
7.Non Petroleum (3.38%)
8.Total Nonpetroleum (2.83%)
9.NAICS - Manufacturing (2.73%)
10.Manufactured Goods (2.3%)
When you need to understand the market in America, you can search Tendata's America Import Database using either the product name or HS code to get market trends for the entire industry. Of course, in addition to the above, Tendata also supports searches by importer name, importer address, port of origin, port of destination, bill of lading number, weight, quantity, container size, and more. You can see that all fields in America Import Database have this data. With these America Import Databases, you can quickly analyze the market. Below is a sample of the queries for you (data as of November 2023):
The latest Tendata iTrader data shows that America's main import partners are:
1.European Union (13.87%)
5. Germany (3.84%)
7. Vietnam (2.83%)
8.South Korea (2.73%)
9. Taiwan (2.3%)
When you want to see if America importers prefer to work with exporters from your country, you can look in Tendata's America Import Database by country name. Don't forget to select the time frame to get the most recent import/export data. Here's a sample of what's available for your search (data as of November 2023):
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