FX.co ★ US Export Prices Surge at Fastest Pace Since 2022

US export prices surged 1.5% month-over-month in February 2026, triple the consensus estimate of a 0.5% rise and the fastest pace since May 2022. The increase was driven primarily by a 1.7% gain in nonagricultural export prices, encompassing industrial supplies, consumer goods, capital goods, and automotive products. Agricultural export prices also advanced, rising 0.7% on the back of higher prices for meat, soybeans, and vegetables, after a 0.2% increase in January. On an annual basis, export prices were up 3.5% in February, the strongest year-over-year gain since September of the previous year.