Exports of goods and services from the US rose USD 3.1 billion from the previous month to USD 212.6 billion in September. Goods exports increased USD 2.9 billion to USD 141.9 billion, mainly driven by sales of industrial supplies and materials (up USD 2.8 billion), such as other petroleum products and nonmonetary gold. Also, sales of civilian aircraft advanced USD 1.2 billion, while those of soybeans dropped USD 0.7 billion. Exports of services, in particular transport, increased USD 0.3 billion to USD 70.7 billion in September. On a non-seasonally adjusted basis, exports rose to the EU (6.0 percent), China (5.3 percent) and Japan (1.6 percent) but fell to Mexico (-4.3 percent) and Canada (-3.3 percent). Exports in the United States averaged 54813.37 USD Million from 1950 until 2018, reaching an all time high of 214668 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 215000.00 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 213258.35 in 12 months time. In the long-term, the United States Exports is projected to trend around 206000.00 USD Million in 2020, according to our econometric models.