diff --git a/src/libs/ExpensifyCardStatementUtils.ts b/src/libs/ExpensifyCardStatementUtils.ts
index bbf852367926..09f142d6bc6a 100644
--- a/src/libs/ExpensifyCardStatementUtils.ts
+++ b/src/libs/ExpensifyCardStatementUtils.ts
@@ -111,16 +111,16 @@ function isWithdrawalIDGroup(value: SearchResultDataType[keyof SearchResultDataT
     return typeof value === 'object' && value !== null && 'entryID' in value && typeof value.entryID === 'number';
 }
 
-function getSelectedSettlementGroups(selectedTransactions: SelectedTransactions, searchData: SearchResultDataType | undefined): SearchWithdrawalIDGroup[] {
+function getSelectedSettlementGroups(selectedTransactions: SelectedTransactions, searchData: SearchResultDataType | undefined): SearchWithdrawalIDGroup[] | undefined {
     if (!searchData) {
         return [];
     }
 
-    // Only offer the statement when a whole settlement is selected, never a single transaction inside it. A settlement
-    // is selected either directly (its group key is in selectedTransactions, e.g. a collapsed row) or by selecting all
-    // of its transactions (each tagged with the group key), so we count tagged children and require the full count.
+    // A settlement can be selected two ways: its collapsed row is checked directly (its group key lands in
+    // selectedTransactions), or its row is expanded and its transactions are checked (each tagged with the group key).
+    // Collect both so we can tell, per settlement, whether the whole thing or only part of it is selected.
     const directlySelectedGroupKeys = new Set<string>();
-    const selectedCountByGroupKey = new Map<string, number>();
+    const selectedTransactionCountByGroupKey = new Map<string, number>();
     for (const [key, selection] of Object.entries(selectedTransactions)) {
         if (!selection?.isSelected) {
             continue;
@@ -129,20 +129,33 @@ function getSelectedSettlementGroups(selectedTransactions: SelectedTransactions,
             directlySelectedGroupKeys.add(key);
         }
         if (selection.groupKey?.startsWith(CONST.SEARCH.GROUP_PREFIX)) {
-            selectedCountByGroupKey.set(selection.groupKey, (selectedCountByGroupKey.get(selection.groupKey) ?? 0) + 1);
+            selectedTransactionCountByGroupKey.set(selection.groupKey, (selectedTransactionCountByGroupKey.get(selection.groupKey) ?? 0) + 1);
         }
     }
 
     const settlementGroups: SearchWithdrawalIDGroup[] = [];
-    for (const [key, value] of Object.entries(searchData)) {
-        if (!isWithdrawalIDGroup(value)) {
+    for (const [groupKey, group] of Object.entries(searchData)) {
+        if (!isWithdrawalIDGroup(group)) {
             continue;
         }
-        const isWholeSettlementSelected = directlySelectedGroupKeys.has(key) || (value.count > 0 && (selectedCountByGroupKey.get(key) ?? 0) >= value.count);
-        if (!isWholeSettlementSelected) {
+
+        const selectedTransactionCount = selectedTransactionCountByGroupKey.get(groupKey) ?? 0;
+        const isRowSelectedDirectly = directlySelectedGroupKeys.has(groupKey);
+        const areAllTransactionsSelected = group.count > 0 && selectedTransactionCount >= group.count;
+
+        // Whole settlement selected: include it in the statement.
+        if (isRowSelectedDirectly || areAllTransactionsSelected) {
+            settlementGroups.push(group);
             continue;
         }
-        settlementGroups.push(value);
+
+        // Only some of this settlement's transactions are selected. The statement always covers the whole settlement,
+        // so a partial selection would export more than what's on screen. Hide the action entirely.
+        if (selectedTransactionCount > 0) {
+            return undefined;
+        }
+
+        // Otherwise the settlement isn't part of the selection at all, so leave it out.
     }
 
     return settlementGroups;
@@ -170,7 +183,7 @@ function getExpensifyCardStatementSelection(
     }
 
     const selectedSettlementGroups = getSelectedSettlementGroups(selectedTransactions, searchData);
-    if (selectedSettlementGroups.length === 0) {
+    if (!selectedSettlementGroups || selectedSettlementGroups.length === 0) {
         return undefined;
     }
 
diff --git a/tests/unit/ExpensifyCardStatementUtilsTest.ts b/tests/unit/ExpensifyCardStatementUtilsTest.ts
index ec47ef18cb51..69902e47ec8c 100644
--- a/tests/unit/ExpensifyCardStatementUtilsTest.ts
+++ b/tests/unit/ExpensifyCardStatementUtilsTest.ts
@@ -150,6 +150,23 @@ describe('ExpensifyCardStatementUtils', () => {
         expect(getExpensifyCardStatementSelection(expensifyCardStatementQueryJSON, selectedTransactions, searchData)).toBeUndefined();
     });
 
+    it('hides the export when one settlement is whole but another is only partially selected', () => {
+        const wholeGroupKey = `${CONST.SEARCH.GROUP_PREFIX}123`;
+        const partialGroupKey = `${CONST.SEARCH.GROUP_PREFIX}456`;
+        // Settlement 123 fully selected, settlement 456 missing one transaction. A partial settlement narrows the
+        // selection, so the action must disappear rather than silently exporting only the whole one.
+        const selectedTransactions: SelectedTransactions = {
+            ...makeSettlementSelection(wholeGroupKey, 2),
+            ...makeSettlementSelection(partialGroupKey, 1),
+        };
+        const searchData = makeSearchData({
+            [wholeGroupKey]: makeSettlementGroup({entryID: 123, count: 2}),
+            [partialGroupKey]: makeSettlementGroup({entryID: 456, count: 2}),
+        });
+
+        expect(getExpensifyCardStatementSelection(expensifyCardStatementQueryJSON, selectedTransactions, searchData)).toBeUndefined();
+    });
+
     it('includes a settlement when all of its transactions are selected', () => {
         const groupKey = `${CONST.SEARCH.GROUP_PREFIX}123`;
         // Every transaction in the (expanded) settlement is selected, so the whole settlement is selected.