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

China 3063 Cons. Discr. - Apparel 537 Cons. Discr. - Autos 1255 Cons. Discr. - Durables 585 India 563 Industrials - Capital Goods 625 Materials - Chemicals 280 Materials - Metals/Mining 803 Thailand 145 Trade Balance 935 U.S. 5418 Vietnam 418

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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