FX.co ★ US Imports Down in January

US imports fell 0.7% to $356.6 billion in January 2026, driven mainly by lower purchases of pharmaceutical preparations; trucks, buses, and special-purpose vehicles; passenger cars; and nonmonetary gold. In contrast, imports of computers and telecommunications equipment increased. The largest import sources were Mexico ($45.6 billion), the European Union ($40.7 billion), Canada ($29.8 billion), Taiwan ($22.7 billion), Vietnam ($20.4 billion), and China ($21.2 billion).