US Exports Fall 3.2% in May

2026-07-07 12:35 By Agna Gabriel 1 min. read

US exports declined 3.2% or $10.5 billion to $317.7 billion in May 2026, retreating from the record high of $328.2 billion achieved in April.

The contraction was heavily concentrated in the goods sector, which dropped $11.3 billion to $210.6 billion.

Key drag factors included industrial supplies and materials, which fell $5.5 billion, led by a $6.2 billion plunge in nonmonetary gold, a $1.3 billion drop in other precious metals, and a $1.1 billion decline in natural gas.

Conversely, outbound crude oil shipments expanded by $2.0 billion.

Capital goods shipments shrank by $3.5 billion, heavily weighed down by a combined $4.1 billion decrease in computers and accessories, while consumer goods slipped $2.1 billion.

Providing a minor offset to the goods downturn, US services exports edged up $0.8 billion to $107.1 billion, buoyed by a $0.4 billion increase in international travel alongside fractional gains in transport, finance, and business services.



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US Exports Fall 3.2% in May
US exports declined 3.2% or $10.5 billion to $317.7 billion in May 2026, retreating from the record high of $328.2 billion achieved in April. The contraction was heavily concentrated in the goods sector, which dropped $11.3 billion to $210.6 billion. Key drag factors included industrial supplies and materials, which fell $5.5 billion, led by a $6.2 billion plunge in nonmonetary gold, a $1.3 billion drop in other precious metals, and a $1.1 billion decline in natural gas. Conversely, outbound crude oil shipments expanded by $2.0 billion. Capital goods shipments shrank by $3.5 billion, heavily weighed down by a combined $4.1 billion decrease in computers and accessories, while consumer goods slipped $2.1 billion. Providing a minor offset to the goods downturn, US services exports edged up $0.8 billion to $107.1 billion, buoyed by a $0.4 billion increase in international travel alongside fractional gains in transport, finance, and business services.
2026-07-07
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US exports rose 2.6%, or $8.3 billion, to a record $327.1 billion in April 2026. Goods exports drove the gain, climbing $8.7 billion to $221.3 billion, with capital goods contributing $4 billion, led by a $2.5 billion increase in computers and a $1 billion rise in civilian aircraft shipments. Industrial supplies and materials also strengthened, supported by higher crude oil exports, which increased $6.4 billion, while fuel oil (up $1.3 billion) and other petroleum products (up $1.0 billion) also posted gains. These increases were partly offset by declines in nonmonetary gold (down $5.8 billion) and other precious metals (down $1.9 billion). Consumer goods exports rose by $1.7 billion. Meanwhile, services exports edged lower by $400 million to $105.8 billion, with declines in travel, transport and maintenance services partially offset by a rise in other business services.
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US exports rose 2.0%, or $6.2 billion, to a record $320.9 billion in March 2026, fueled by a $6.5 billion surge in goods exports. Industrial supplies and materials led the gain, up $5.0 billion, driven by higher energy prices tied to the Iran conflict. Key contributors included crude oil (+$2.8 billion), other petroleum products (+$1.7 billion), and fuel oil (+$1.6 billion), while exports of other precious metals fell $1.6 billion. Food, feed, and beverage exports increased $1.1 billion, boosted by soybeans, while consumer goods exports declined $1.7 billion. Services exports dipped $0.3 billion, with travel down $1.1 billion, partially offset by gains in transport (+$0.2 billion), financial services (+$0.1 billion), and other business services (+$0.1 billion).
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