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"value of imports" is a correct and usable phrase in written English.
You can use it when referring to the overall financial value of imported goods and services. For example, "The value of imports to the United States was estimated to be over $2 trillion in 2020."
Exact(60)
Manufactures, especially machinery and transport equipment, and chemical products account for much of the value of imports; food products and fuels are also important.
The total value of imports and exports represents nearly half the country's GDP.
The value of imports far surpasses that of exports, resulting in large trade deficits.
And the collapse in global commodity prices eroded the value of imports.
The standard way of calculating this tariff rate is to divide total tariff revenue by the total value of imports.
The value of imports and exports between the two countries runs to a colossal £1bn a week.
The value of imports climbed to $20.49 billion in November, up 18.6percentt, from $17.28 billion a year earlier.
A weakening dollar boosted exports, but America's insatiable appetite for foreign goods ensured that the value of imports grew.
The current-account surplus unexpectedly shrank in March from February as high oil prices pushed up the value of imports that grew more quickly than exports.
Throughout most of the 1990s, China's current account surplus — the value of exports minus the value of imports — equaled less than 2percentt of its gross domestic product.
Imports and exports fell in April but the 2.7% decline in the value of imports outstripped the 1.3% drop in exports.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com