The Remarkable Resilience of America’s Demand for Imports — Panjiva
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The Remarkable Resilience of America’s Demand for Imports

China 3053 Cons. Discr. - Apparel 531 Cons. Discr. - Autos 1251 Cons. Discr. - Durables 575 India 553 Industrials - Capital Goods 623 Materials - Chemicals 273 Materials - Metals/Mining 796 Thailand 145 Trade Balance 935 U.S. 5404 Vietnam 414

U.S. seaborne imports returned to growth in March with a 6.7% year over year expansion following a 4.1% drop in February. The improvement came despite a 3.9% drop in imports from China, which likely reflects the effective implementation of U.S. tariffs. That’s been offset by a 17.8% surge in shipments from other Asian markets including Vietnam, India and Thailand, suggesting importers may be actively switching their sourcing strategies. Industrial demand for investment products was stronger than that for raw materials with imports of machinery and electrical goods up 10.4% while...

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