U.S. Imports of Goods by Customs Basis from Ireland
IMP4190 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,662.19
Year-over-Year Change
-10.88%
Date Range
1/1/1985 - 6/1/2025
Summary
The U.S. Imports of Goods by Customs Basis from Ireland measures the value of goods imported to the U.S. from Ireland. This metric is a key indicator of trade flows and economic integration between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic series tracks the total dollar value of physical goods imported to the United States from Ireland on a customs basis. It is a widely-used measure of bilateral trade and can provide insights into the strength of the commercial relationship between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through its international trade reporting system.
Historical Context
Policymakers and analysts monitor this trend to assess the state of U.S.-Ireland economic ties and the broader trade environment.
Key Facts
- Ireland is the 18th largest source of U.S. imports.
- U.S. imports from Ireland have increased by 25% over the past decade.
- Pharmaceuticals and medical devices are major categories of U.S. imports from Ireland.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods imported to the United States from Ireland on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of the commercial relationship between the U.S. and Ireland, which is an important economic partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its international trade reporting system.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the state of U.S.-Ireland economic ties and the broader trade environment.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately 6 weeks.
Related Trends
Consumer Price Index: Recreation and Culture (COICOP 09): Total for Ireland
IRLCP090000GPM
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Ireland
IRLLORSGPNOSTSAM
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for Ireland
IRLSLRTCR03IXOBSAM
Harmonized Index of Consumer Prices: Meat for Ireland
CP0112IEM086NEST
Harmonized Index of Consumer Prices: Household Appliances for Ireland
CP0530IEM086NEST
Real Exports of Services for Ireland
NXSRXDCIRA
Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Ireland (IMP4190), retrieved from FRED.