U.S. seaborne imports increased 5.5% in November on a year earlier, Panjiva data shows, the fifth straight increase. This suggests the return-to-growth seen in the value of goods imports seen in October might continue. The fastest growth among major product lines came from furnishings and iron/steel at 6% while auto and parts imports increased 1%. The latter two may act as bait to President-elect Trump’s transitional trade team looking for initial industries to target. Imports of apparel fell 11%, the sixth straight drop. The EU continue to be the biggest contributor to growth at 11%, wh...
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