diff --git a/packages/loot-core/src/shared/util.test.ts b/packages/loot-core/src/shared/util.test.ts
index c76ce8b320..db9406d0e2 100644
--- a/packages/loot-core/src/shared/util.test.ts
+++ b/packages/loot-core/src/shared/util.test.ts
@@ -72,6 +72,15 @@ describe('utility functions', () => {
     expect(looselyParseAmount('(1 500.99)')).toBe(-1500.99);
   });
 
+  test('looseParseAmount handles trailing whitespace', () => {
+    expect(looselyParseAmount('1055 ')).toBe(1055);
+    expect(looselyParseAmount('$1,055 ')).toBe(1055);
+    expect(looselyParseAmount('$1,055.00 ')).toBe(1055);
+    expect(looselyParseAmount(' $1,055 ')).toBe(1055);
+    expect(looselyParseAmount('3.45 ')).toBe(3.45);
+    expect(looselyParseAmount(' 3.45 ')).toBe(3.45);
+  });
+
   test('number formatting works with comma-dot format', () => {
     setNumberFormat({ format: 'comma-dot', hideFraction: false });
     let formatter = getNumberFormat().formatter;
diff --git a/packages/loot-core/src/shared/util.ts b/packages/loot-core/src/shared/util.ts
index 5fe94ba90e..b5efdcce9e 100644
--- a/packages/loot-core/src/shared/util.ts
+++ b/packages/loot-core/src/shared/util.ts
@@ -550,6 +550,8 @@ export function looselyParseAmount(amount: string) {
     return v.replace(/[^0-9-]/g, '');
   }
 
+  amount = amount.trim();
+
   if (amount.startsWith('(') && amount.endsWith(')')) {
     // Remove Unicode minus inside parentheses before converting to ASCII minus
     amount = amount.replace(/\u2212/g, '');
diff --git a/upcoming-release-notes/7149.md b/upcoming-release-notes/7149.md
new file mode 100644
index 0000000000..5f09c896ad
--- /dev/null
+++ b/upcoming-release-notes/7149.md
@@ -0,0 +1,6 @@
+---
+category: Bugfixes
+authors: [mibragimov]
+---
+
+Fix CSV import incorrectly parsing transaction amounts that contain trailing whitespace (e.g. amounts from Excel-saved CSV files).