US export prices rose by 3.3% month-over-month in April 2026, up from a downwardly revised 1.5% advance in March and overshooting market forecasts of a 1.1% increase.
This marked the steepest increase in export prices since March 2022, as nonagricultural export prices rose 3.4% in April after a 1.6% increase in March.
Higher prices for industrial supplies and materials, capital goods, and consumer goods excluding automotives more than offset lower prices for automotive vehicles, parts, and engines.
The price index for agricultural exports increased by 1.6%, the most since October 2024, following a 0.6% rise in March, reflecting higher prices for fruit as well as for meat.
US export prices rose 8.8% over the 12-month period ended April 2026, the strongest increase since September 2022.
Source: Trading Economics
