US Export Prices Up for 6th Month

US export prices rose by 1.3% month-over-month in May 2026, following an upwardly revised 3.5% surge in the prior month and slightly above market forecasts of a 1.2% increase. This marked the sixth consecutive monthly advance for the index, albeit the softest since January. Nonagricultural export prices increased 1.2% in May, reflecting higher prices for nonagricultural industrial supplies and materials; capital goods; consumer goods, excluding automotives; and automotive vehicles, parts, and engines. Prices of agricultural exports rose 1.2%, largely driven by prices for dairy products and eggs, meat, and vegetables. On a yearly basis, export prices accelerated further, climbing by 11.2% in May, the most since August 2022, after a 8.8% jump in the previous month.

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.

US export prices rose by 1.6% month-over-month in March 2026, easing from an upwardly revised 1.9% advance in February but slightly above analysts' forecasts of a 1.5% increase. Export prices for nonagricultural commodities rose 1.7% in March, following a 2.1% increase in February, with gains in industrial supplies and materials more than offsetting declines in capital goods and consumer goods excluding automotives. Agricultural export prices increased 0.9%, the same pace as in February, mainly on account of soybeans, fruit and meat. On a yearly basis, US export prices rose 5.6% in March, marking the strongest increase since November 2022, after a revised 3.8% advance in the prior month.