FX.co ★ US Imports Hit Five-Month High in December

US imports of goods and services rose by $12.3 billion, or 3.6%, to $357.6 billion in December 2025, marking a second consecutive monthly increase and the highest level since July. Goods imports increased by $10.2 billion to $280.2 billion, led by a $7.0 billion rise in industrial supplies and materials, including nonmonetary gold, copper, and crude oil. Capital goods imports also advanced by $5.6 billion, supported by stronger purchases of computer accessories and telecommunications equipment. By contrast, consumer goods imports declined by $3.5 billion, largely reflecting weaker demand for pharmaceutical preparations. Services imports rose by $2.0 billion to $77.4 billion, driven by higher spending on transport and travel. For 2025 as a whole, total imports surged by $197.8 billion to a record $4.33 trillion, as the rollout of US tariffs in the first half of the year prompted businesses and consumers to front-load purchases, pushing inbound shipments to an all-time high.