U.S. Imports of Goods by Customs Basis from Portugal
IMP4710 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
508.89
Year-over-Year Change
-4.85%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the United States from Portugal on a customs basis. It is an important indicator of trade and economic 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 Portugal metric tracks the total dollar value of physical merchandise imported from Portugal to the United States. This data provides insight into the commercial relationship and trade balance between the two nations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of international trade transactions.
Historical Context
Analysts and policymakers use this indicator to assess the state of U.S.-Portugal trade and commercial ties.
Key Facts
- Portugal is the 37th largest source of U.S. imports.
- U.S. imports from Portugal have grown by 25% over the past decade.
- Machinery, vehicles, and pharmaceuticals are major U.S. import categories from Portugal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods imported from Portugal to the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the trade relationship and commercial activity between the U.S. and Portugal, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the state of U.S.-Portugal trade and make decisions that impact commercial ties between the two countries.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay as the Census Bureau compiles the trade transaction information.
Related Trends
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PRTFCLODCGGDPPT
Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for Portugal
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Outstanding Total International Debt Securities to GDP for Portugal
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Consumer Price Index: Harmonized Prices: All Items Less Food, Energy, Tobacco, Alcohol: Total for Portugal
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Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Portugal
CP0200PTM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Portugal
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Portugal (IMP4710), retrieved from FRED.