Exports are the amount of US goods and services that are shipped outside of the US and are reported on a monthly basis along with imports as part of the US Trade Balance, in the US International Trade in Goods and Services Report, released by the US Census Bureau. All statistics are seasonally adjusted. If the number of exports in US Dollars is higher than the number of imports, then there is a trade surplus, which in economic theory means there should be a positive impact on the US Dollar, as US Dollar should appreciate against major other currencies due to the high demand for purchasing US goods or services. Some of the major categories reported in exports are maintenance and repair services, transport, travel, insurance services, financial services, telecommunications, computer and information services, other business services.
The United States Exports
The United States Exports most recent reading of 192.0 billion is for the May of 2017, which was the highest level since April 2015, an increase of 0.4% compared to the previous month. The US Trade Balance showed a deficit, but this deficit narrowed to $46.5 billion in May from $47.6 billion in April, as exports increased while imports decreased. The all-time high reading of the United States Exports was $200144 million in October of 2014, while the all-time low reading was $772 million in March of 1950. The long-term average for the United States Exports for the period of years 1950-2017 is $ 51828.29 million. Compared to the same period in year 2016, the average number of exports of goods and services increased $10.2 billion from May 2016.
