FX.co ★ US Export Prices Unexpectedly Rise

In February 2025, U.S. export prices showed a modest rise of 0.1% month-over-month, following a more significant 1.3% increase in January. This slight uptick surpassed market expectations, which had anticipated a 0.2% decline. The rise in agricultural export prices, which increased by 0.8%, was largely attributed to cost increases in soybeans, meat, and corn. These gains managed to more than compensate for lower prices in fruits and vegetables. In parallel, nonagricultural export prices saw a similar 0.1% increase, buoyed by higher prices in consumer goods, capital goods, automotive vehicles, and nonagricultural foods. On an annual scale, export prices recorded a 2.1% increase in February, a continuation of the 2.7% growth observed in the prior month.