U.S. Imports of Goods by Customs Basis from Sri Lanka
IMP5420 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
204.53
Year-over-Year Change
6.30%
Date Range
1/1/1985 - 6/1/2025
Summary
The U.S. Imports of Goods by Customs Basis from Sri Lanka measures the total value of merchandise imports from Sri Lanka to the United States. This metric is a key indicator of trade flows and economic integration 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
This economic series tracks the value of physical goods imported into the U.S. from Sri Lanka, excluding services. It provides insights into the trading relationship and supply chain linkages between the two economies.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau based on customs declarations.
Historical Context
Policymakers and analysts use this import data to assess bilateral trade patterns and the impacts of trade policies.
Key Facts
- Sri Lanka is the 49th largest source of U.S. imports.
- U.S. imports from Sri Lanka have grown 25% over the past decade.
- Textiles and apparel make up over 70% of U.S. imports from Sri Lanka.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical goods imported into the United States from Sri Lanka, excluding services trade.
Q: Why is this trend relevant for users or analysts?
A: This import data provides insights into the trading relationship and supply chain linkages between the U.S. and Sri Lankan economies.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau based on customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this import data to assess bilateral trade patterns and the impacts of trade policies.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in reporting this monthly trade data.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Sri Lanka (IMP5420), retrieved from FRED.