US Exports Fall from Record High
2026-01-29 13:37
By
Joana Ferreira
1 min. read
US exports of goods and services fell by $10.9 billion, or 3.6%, to $292.1 billion in November 2025, retreating from the all-time high of $303.0 billion recorded in October.
Goods exports dropped $11.1 billion to $185.6 billion, led by a $6.1 billion fall in industrial supplies and materials, particularly nonmonetary gold, other precious metals, and crude oil.
Exports of consumer goods also decreased by $3.1 billion, largely due to weaker pharmaceutical shipments, while other goods exports fell by $1.3 billion.
By contrast, services exports edged up $0.2 billion to $106.4 billion, supported by travel, charges for the use of intellectual property, and other business services, although government goods and services and financial services declined.