US goods imports rose 3.7% in July, led by capital goods—the largest gain for that category since 1993—driven by computers and accessories, semiconductors and telecom equipment; AI-related equipment imports have remained strong in recent months. Industrial supplies imports and exports both fell in July; that category includes crude and petroleum products and non-monetary gold, the latter having contributed to trade-data volatility over the past year.

2026-08-27

US goods imports rose 3.7% in July, led by capital goods—the largest gain for that category since 1993—driven by computers and accessories, semiconductors and telecom equipment; AI-related equipment imports have remained strong in recent months. Industrial supplies imports and exports both fell in July; that category includes crude and petroleum products and non-monetary gold, the latter having contributed to trade-data volatility over the past year.