US agricultural exports severely decline in March

BlockBeats reported that on May 6, local time, according to the data released by the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the U.S. international trade deficit in March 2025 was $140.5 billion, higher than the $123.2 billion in February. The export value in March was 278.5 billion US dollars, and the import value was 419 billion US dollars. According to CNBC, due to the reduction of orders from global manufacturing partners by shipping companies, the import volume of the United States has rapidly declined, and now the export decline has spread to the entire United States. 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 has spread to most US ports since January. Port data shows that the US agricultural sector lacks the ability to transport products to global markets. The export volume of Oregon Port decreased by 51%, and the export volume of Tacoma Port, a large agricultural product export port, decreased by 28%. Vizion's Vice President of Strategic Business Development, Ben Tracy, stated that almost all US exports have been impacted. (Golden Ten)