US exports increased $4.5 billion to $315.2 billion in August 2026, driven by a $6.3 billion rise in industrial supplies and materials, mainly nonmonetary gold and crude oil. Capital goods exports also increased by $1.3 billion, led by semiconductors and computers. These gains were partly offset by a $2.4 billion decline in pharmaceutical exports. Services exports were broadly unchanged, as higher charges for the use of intellectual property and other business services offset declines in travel and financial services.