US Export Prices Unexpectedly Climb
2026-05-14 12:36
By
Luisa Carvalho
1 min. read
US export prices advanced by 3.3% month-over-month in April 2026, accelerating from a downwardly revised 1.5% advance in March and overshooting market forecasts of a 1.1% increase.
This marked the steepest increase in export prices since March 2022, driven by a pickup in nonagricultural export prices to 3.4% in April from 1.6% in March.
Higher costs for industrial supplies and materials, capital goods, and consumer goods excluding automotives more than offset lower prices for automotive vehicles, parts, and engines.
At the same time, the price index for agricultural exports increased by 1.6%, the most since October 2024, following a 0.6% rise in March, reflecting higher prices for fruit as well as for meat.
On a yearly basis, US export prices jumped 8.8% in April, the strongest increase since September 2022, after a revised 5.4% rise in the prior month.