USA: Exports Fall 3.2% in May.

US exports declined 3.2%, falling $10.5 billion to $317.7 billion in May 2026 after reaching a record $328.2 billion in April. The drop was mainly due to lower goods exports, which decreased $11.3 billion to $210.6 billion. Industrial supplies and materials fell $5.5 billion, led by sharp declines in nonmonetary gold ($6.2 billion), other precious metals ($1.3 billion), and natural gas ($1.1 billion). However, crude oil exports increased by $2.0 billion. Capital goods exports dropped $3.5 billion, with lower shipments of computers ($2.1 billion) and computer accessories ($2.0 billion). Consumer goods also declined $2.1 billion, including a $0.9 billion decrease in pharmaceutical preparations. In contrast, services exports rose $0.8 billion to $107.1 billion, supported by higher earnings from travel, business, transport, and financial services.