What This Chart Shows
This chart displays U.S. exports of goods and services, measured in billions of dollars at a seasonally adjusted annual rate (SAAR). It reflects the total value of products and services sold by U.S. producers to foreign buyers.
The chart highlights long‑term trends in global demand, trade cycles, currency movements, and economic conditions.
Why Exports Matter
Exports are a core driver of U.S. economic growth. They are influenced by:
- Global economic conditions
- Exchange rates (strong vs. weak dollar)
- Foreign demand for U.S. goods and services
- Commodity prices
- Trade agreements and tariffs
- Manufacturing and agricultural output
Because exports respond quickly to global conditions, they serve as a key indicator of international economic momentum.
Key Insights
- Exports rise during global expansions and fall during global slowdowns.
- A strong dollar can reduce export competitiveness.
- Services (tech, finance, IP, travel) now make up a large share of U.S. exports.
- Manufacturing exports are sensitive to supply chains and global demand cycles.
Source
U.S. Bureau of Economic Analysis (via FRED) Series ID: EXPGS