Exports from the US rose USD 2.1 billion from the previous month to USD 212.0 billion in March 2019. Goods exports increased USD 2.0 billion to USD 141.7 billion, boosted by sales of industrial supplies and materials (up USD 1.7 billion), such as natural gas liquids, fuel oil, metallurgical grade coal, and other petroleum products. In addition, exports of foods, feeds, and beverages were up USD 0.8 billion, led by soybeans. By contrast, sales of civilian aircraft dropped USD 0.7 billion. Exports of services, including maintenance and repair services, and financial services, increased less than USD 0.1 billion to USD 70.3 billion in March. On a non seasonally adjusted basis, goods exports rose to all major trade partners: China (23.6 percent); Japan (18.3 percent); Canada (13.3 percent); the EU (7.2 percent); Mexico (8.0 percent), Brazil (22.9 percent) and OPEC (25.3 percent). Exports in the United States averaged 55911.04 USD Million from 1950 until 2019, reaching an all time high of 212855 USD Million in May of 2018 and a record low of 772 USD Million in March of 1950.
Exports in the United States is expected to be 213000.00 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 200000.00 in 12 months time. In the long-term, the United States Exports is projected to trend around 216000.00 USD Million in 2020, according to our econometric models.