United States Exports

Exports from the United States increased by $5.7 billion over a month to $261.1 billion in September 2023, the highest level since August 2022, driven by a $5.3 billion increase in goods sales. Shipments of industrial supplies and materials rose by $1.4 billion, primarily in crude oil and other petroleum products. Furthermore, exports of foods, feeds, and beverages surged by $1.4 billion, mainly due to increased shipments of soybeans and corn. There was also an $0.8 billion increase in other goods exports. Exports of services saw a $0.3 billion increase, totaling $84.4 billion, primarily driven by growth in travel and transport.

Exports from the United States increased by $4.1 billion over a month to $256 billion in August 2023, the highest level in five months, boosted by a $3.1 rise in goods sales. Shipments of industrial supplies and materials increased $2.7 billion, mostly crude oil (up $1.5 billion) and fuel oil (up $0.5 billion). Meanwhile, capital goods exports surged by $1.1 billion, driven by increased shipments of computer accessories (up by $0.5 billion) and semiconductors (up by $0.3 billion). Additionally, consumer goods exports saw a $1.0 billion rise, with pharmaceutical preparations increasing $0.4 billion. On the other hand, overseas sales of automotive vehicles, parts, and engines saw a decline of $1.4 billion, with passenger cars dropping by $0.8 billion, and trucks, buses, and special purpose vehicles decreasing by $0.5 billion. Exports of services increased $1.0 billion to $84.5 billion, driven by travel (up $0.8 billion) and financial services (up $ 0.2 billion).

Exports from the United States increased by $3.9 billion to $251.7 billion in July 2023, the highest level in four months, propelled by a $3.2 billion boost in the sales of goods. Exports of automotive vehicles, parts, and engines increased by $1.7 billion, primarily driven by elevated sales of passenger cars, trucks, buses, and special-purpose vehicles. Furthermore, exports of industrial supplies and materials saw a $1.4 billion rise, primarily attributed to non-monetary gold and crude oil, while exports of consumer goods experienced a modest increase of less than $0.1 billion, primarily attributed to sales of pharmaceutical preparations. Finally, exports of services advanced by $0.7 billion, driven by travel and transport.