Exports from the US increased USD 4.2 billion from a month earlier, or 2.0 percent to USD 210.6 billion in May of 2019. Goods exports rose USD 3.9 billion to USD 140.8 billion, mainly due to capital goods (up USD 1.4 billion), namely civilian aircraft and telecommunications equipment; consumer goods (up USD 0.8 billion), particularly gem diamonds, jewelry and pharmaceutical preparations; soybeans (up USD 0.7 billion); other goods (up USD 0.6 billion) and automotive vehicles, parts, and engines (up USD 0.6 billion). Exports of services increased USD 0.3 billion to USD 69.8 billion, of which maintenance and repair services, travel (for all purposes including education) and transport all up USD 0.1 billion. Exports in the United States averaged 56278.95 USD Million from 1950 until 2019, reaching an all time high of 213341 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 217000.00 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.