US capital goods exports hit a record $710.3 billion in 2025, and every stage of the chain is financed
US capital goods exports reached a record $710.3 billion in 2025. Industrial trade is financed at three points: supplier finance programs upstream, export credit agency terms for the foreign buyer, and dealer inventory finance downstream.
US coal exports fell to 93 million short tons in 2025, and energy cargoes still mix LCs, open account and prepayment
US coal exports were 93 million short tons in 2025, down from 108 million. Energy cargoes are financed one shipment at a time, with letters of credit, open account, prepayments repaid in oil and inventory held by a financing partner.
South and Central America runs a US surplus on $214,935.4 million of 2025 exports, while Mexico runs a deficit
US goods exports to South and Central America were $214,935.4 million in 2025, a US surplus of $51,731.3 million, while Mexico ran a US deficit. EXIM buyer credit and USDA GSM-102 help Latin American buyers pay over time.
US imports from India reached $103,776.3 million in 2025, and an additional 25 percent duty came and went within six months
US goods imports from India were $103,776.3 million in 2025, against exports to India of $45,354.3 million. An additional 25 percent US duty applied from August 27, 2025 and was removed from February 7, 2026.
US farm exports reached $171 billion in 2025, and the crop in storage is the collateral that finances trade
US agricultural exports totaled $171 billion in 2025. Much of this trade is financed against the crop itself, through warehouse receipts, pre-export finance and GSM-102 guaranteed letters of credit.
LNG trade hit a record in 2025, and each cargo is priced, shipped and paid as its own financed transaction
Global LNG trade reached a record 56.3 Bcf/d in 2025. US buyers generally take cargoes free on board, paying a liquefaction fee plus feedgas, and each cargo invoice is then paid through its own route, such as a letter of credit or open account backed by a standby.