Where was your backpack made? Your water bottle? Your shirt? Many of the products you use every day come from other countries. Goods and services that are brought into a country to sell are called imports. (Conversely, goods and services that one country sells to another are called exports.)
The United States spends more on imports than any other nation, according to the U.S. Census Bureau. In 2024, Americans purchased $3.3 trillion worth of products from other countries. The U.S. sells the second-most exports, after China. But it still has a trade deficit. That’s when a nation buys more from other nations than it sells to them.