In March, the trade deficit of the United States was $140.5 billion, with a significant drop in agricultural exports.

date
07/05/2025
On May 6th local time, according to data released by the US Bureau of Economic Analysis and the US Census Bureau, the US international trade deficit in March 2025 was $140.5 billion, higher than February's $123.2 billion. In March, exports were $278.5 billion and imports were $419.0 billion. According to the US Consumer News and Business Channel, the rapid decline in US imports is due to shipping companies cutting orders from global manufacturing partners, which has now spread to a nationwide decline in exports in the US. Agricultural products such as soybeans, corn, and beef have been particularly hard hit. According to the latest data from trade tracking agency Vizion, since January, the decline in US exports to the world has spread to most US ports. Port data shows that the US agriculture sector lacks the ability to transport products to global markets. Exports at the port of Oregon have decreased by 51%, and exports at the large agricultural product port of Tacoma have decreased by 28%. Ben Tracy, Vice President of Strategic Business Development at Vizion, stated that almost all US exports have been affected.