US Export Prices Unchanged in March
2025-04-15 12:35
By
Agna Gabriel
1 min. read
Prices for US exports were unchanged in March 2025, as expected, following an upwardly revised 0.5% increase in February.
US export prices have not declined on a 1-month basis since September 2024.
Agricultural export prices were unchanged (vs 0.6% in February), as higher prices for soybeans offset lower prices for wheat and rice.
Nonagricultural export prices decreased 0.1%, the first decline in six months, as lower prices for nonagricultural industrial supplies and materials and nonagricultural foods more than offset higher prices for capital goods, consumer goods, and automotive vehicles.
On a yearly basis, export prices climbed 2.4% in March, easing from a 2.6% advance in the previous month.
Export prices in the BLS index exclude tariffs but may still reflect their impact through market behavior changes.