U.S. Imports of Goods by Customs Basis from India
IMP5330 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,153.39
Year-over-Year Change
28.47%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the total value of goods imported into the U.S. from India on a customs basis, providing insight into trade dynamics 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
The U.S. Imports of Goods by Customs Basis from India series tracks the dollar value of physical goods and commodities shipped from India to the United States. This metric is closely monitored by economists and policymakers to assess the health of bilateral trade and commercial relationships.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on documentation filed with U.S. Customs.
Historical Context
This import data informs trade policy discussions and analysis of economic conditions.
Key Facts
- Imports from India were $75.9 billion in 2022.
- India is the 9th largest source of U.S. imports.
- Textiles and machinery are major import categories.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods and commodities imported into the United States from India on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This import data provides key insights into the commercial relationship between the U.S. and India, informing trade policy discussions and broader economic analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on documentation filed with U.S. Customs when goods enter the country.
Q: How is this trend used in economic policy?
A: This import data is closely monitored by policymakers and economists to assess trade dynamics and inform decisions around bilateral trade agreements and commercial relations.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 2 months.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from India (IMP5330), retrieved from FRED.