Exports from the United States dropped by USD 20.0 billion from the previous month to USD 187.7 billion in March 2020, the lowest level since November 2016, as the COVID-19 crisis hit global demand. There was a USD 9.2 billion decline in goods sales and a USD 10.8 billion fall in service exports mostly due to travel and transport. Within goods, exports were down for industrial supplies and materials (down USD 2.9 billion), such as crude oil, fuel oil and other petroleum products; automotive vehicles, parts, and engines (down USD 2.5 billion); and capital goods (down USD 2.0 billion) in particular other industrial machinery, civilian aircraft, parts and engines.
Exports in the United States averaged 58050.66 USD Million from 1950 until 2020, reaching an all time high of 213341 USD Million in May of 2018 and a record low of 772 USD Million in March of 1950. This page provides the latest reported value for - United States Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Exports - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: U.S. Census Bureau
Exports in the United States is expected to be 150000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in the United States to stand at 160000.00 in 12 months time. In the long-term, the United States Exports is projected to trend around 206000.00 USD Million in 2021 and 216000.00 USD Million in 2022, according to our econometric models.