U.S. imports increased by 2.0% in April 2026 from the previous month, reaching $383.0 billion — the highest level in a year and the fourth highest on record. Goods imports rose by 2.1% to $304.9 billion, driven by stronger purchases of computers, semiconductors, and telecommunications equipment. This trend reflects a surge in AI infrastructure investment by major U.S. companies, which source a significant share of their capital goods from Asia. By contrast, imports of industrial supplies declined. Service imports grew by 1.6% to $78.0 billion.