U.S. March Agricultural Export Plummet

BlockBeats News, May 6th. According to data released by the US Bureau of Economic Analysis and the US Census Bureau on May 6th local time, the international trade deficit of the United States in March 2025 was $140.5 billion, higher than the $123.2 billion in February. The export amount in March was $278.5 billion, and the import amount was $419 billion.

According to CNBC, as shipping companies cut orders from global manufacturing partners, US import volumes have dropped rapidly, now spreading to a nationwide decline in exports. Agricultural products such as soybeans, corn, and beef have been hit the hardest. According to the latest data from trade tracking firm Vizion, since January, the US export decline has spread to most US ports.

Port data shows that the US agricultural sector lacks the ability to transport products to global markets. Oregon's port saw a 51% decline in exports, and the large agricultural export port of Tacoma saw a 28% decrease in exports. Ben Tracy, Vice President of Strategic Business Development at Vizion, said that almost all US exports have been impacted. (Jin10)