U.S. Imports of Goods by Customs Basis from Czech Republic
IMP4351 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
740.26
Year-over-Year Change
3.72%
Date Range
1/1/1993 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the United States from the Czech Republic on a customs basis. It provides insight into trade dynamics and commercial activity 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 Czech Republic series tracks the monetary value of physical goods and products purchased and brought into the United States from the Czech Republic. This data is used by economists and policymakers to analyze trade flows, commercial relationships, and economic interdependence.
Methodology
The data is collected by the U.S. Census Bureau through customs records and declarations.
Historical Context
This import data can inform trade policy, economic forecasting, and business strategy.
Key Facts
- The U.S. imported $4.3 billion in goods from the Czech Republic in 2021.
- Machinery, vehicles, and electrical equipment are top import categories from the Czech Republic.
- U.S. imports from the Czech Republic have grown by 60% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of physical goods and products imported into the United States from the Czech Republic on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade flows, commercial relationships, and economic interdependence between the U.S. and the Czech Republic, which is valuable for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and declarations.
Q: How is this trend used in economic policy?
A: This import data can inform trade policy, economic forecasting, and business strategy.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and publication due to the nature of customs processing and record-keeping.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Czech Republic (IMP4351), retrieved from FRED.