US exports rose 2.0%, or $6.2 billion, to a record $320.9 billion in March 2026, fueled by a $6.5 billion surge in goods exports. Industrial supplies and materials led the gain, up $5.0 billion, driven by higher energy prices tied to the Iran conflict. Key contributors included crude oil (+$2.8 billion), other petroleum products (+$1.7 billion), and fuel oil (+$1.6 billion), while exports of other precious metals fell $1.6 billion. Food, feed, and beverage exports increased $1.1 billion, boosted by soybeans, while consumer goods exports declined $1.7 billion. Services exports dipped $0.3 billion, with travel down $1.1 billion, partially offset by gains in transport (+$0.2 billion), financial services (+$0.1 billion), and other business services (+$0.1 billion).