U.S. agricultural exports fell sharply in March

On May 6, local time, according to data released by the Bureau of Economic Analysis and the US Census Bureau, the US international trade deficit in March 2025 was $140.50 billion, up from $123.20 billion in February. Exports in March were $278.50 billion and imports were $419 billion. According to the US Consumer News and Business Channel (CNBC), the rapid decline in US imports as shippers cut orders from global manufacturing partners has now spread to the US-wide export decline. Among them, agricultural products such as soybeans, corn and beef have been hit the hardest. According to the latest data from trade tracking agency Vizion, the decline in US exports to the world since January has spread to most US ports. Port data shows that the U.S. agricultural sector lacks the ability to ship products to global markets. Exports from the Port of Oregon fell 51 percent, while those from Tacoma, a large agricultural export port, fell 28 percent. Nearly all U.S. exports have been hit, said Ben Tracy, vice president of strategic business development at Vizion.