U.S. Trade Deficit Widens as Exports Decline

According to BlockBeats, recent data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau reveals that the U.S. international trade deficit increased to $140.5 billion in March 2025, up from $123.2 billion in February. March exports totaled $278.5 billion, while imports reached $419 billion. CNBC reports that a reduction in orders from global manufacturing partners by shipping companies has led to a rapid decline in U.S. imports, which has now extended to a nationwide drop in exports. Agricultural products such as soybeans, corn, and beef have been particularly affected. Trade tracking agency Vizion indicates that since January, the decline in U.S. exports has spread to most American ports. Port data shows that the U.S. agricultural sector is struggling to transport products to global markets. The Port of Oregon experienced a 51% decrease in exports, while the Port of Tacoma, a major agricultural export hub, saw a 28% decline. Ben Tracy, Vice President of Strategic Business Development at Vizion, noted that nearly all U.S. exports have been impacted.