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U.S. and China Compete for EU Trade Leadership Since 2010
In 2023, the European Union's goods trade with the U.S. reached $942 billion, 10% higher than its trade with China at $855 billion. After...
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Jan 41 min read
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China Becomes Central and South America's Largest Trading Partner Since 2020
China's share of Central and South American trade reached 22% in 2023, compare to the U.S. at 19% and the EU at 13%.
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Jan 41 min read
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Semiconductors Rival Crude Oil in Global Trade
In 2023, Global Trade (Exports + Imports) in Integrated Circuits and Semiconductors Reached $2.5 Trillion, Closing in on the $2.7...
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Jan 41 min read
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Global Economic Impact of Exports in 2023
Goods and Services Exports as a Percentage of Gross Domestic Product (GDP) In 2023, the global ratio of goods and services exports to GDP...
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Jan 41 min read
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Global Trade Dependence on Services Exports in 2023
Services Exports as a Percentage of Total Exports (Goods + Services) In 2023, services accounted for 25% of global exports. Advanced...
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Jan 41 min read
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Greater China: The OPEC of Silicon Chips
Over the past two decades, Greater China (comprising China, Hong Kong, and Taiwan) has seen remarkable growth in the integrated circuits...
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Jan 41 min read
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Central and South American Trade with China Reaches $351 Billion in 2023
Central and South American trade with China surged from $11 billion in 2001 to $351 billion in 2023, achieving a 17% annual growth rate...
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Jan 41 min read
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Central and South American Exports to China Reach $185 Billion in 2023
Central and South American exports to China surged from $5 billion in 2001 to $185 billion in 2023, growing at an annual growth rate...
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Jan 41 min read
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Peru's Blueberry Exports Surged, Outpaced All Global Competitors
Peru’s blueberry exports reached to $1,676 million by 2023, compared to Netherlands by $601 million, Spain by $509 million, Chile by $412...
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Jan 42 min read
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Peru's Blueberry Exports Surge, Capturing Global Market Leadership
Over the past decade, Peru’s blueberry exports have grown at a remarkable annual growth rate (CAGR) of 58%. Exports increased from just...
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Jan 41 min read
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Global Economic Impact of Services Exports in 2023
Services Exports as a Percentage of Gross Domestic Product (GDP) In 2023, the global ratio of services exports to GDP stood at 7.6%....
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Jan 41 min read
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China's Share of U.S. Trade Deficit Shrinks from 47% to 26% Amid Trade War
From 2018 to 2023, China's share of the U.S. trade deficit dropped from 47% to 26%, while the combined deficit with Japan, South Korea,...
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Jan 41 min read
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Global Economic Impact of Goods Exports in 2023
Goods Exports as a Percentage of Gross Domestic Product (GDP) Â In 2023, the global ratio of goods exports to GDP was 22.7%. Advanced...
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Jan 41 min read
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China Becomes Global Leader in Semiconductor Machinery Imports Amid Surge in Advanced Chip Manufacturing Investment
China and Hong Kong's Semiconductor Manufacturing Machinery Imports Surpassed $51 Billion (12-Month Rolling Sum) Since May 2024,...
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Jan 31 min read
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Russia's Trade Transition from West to East
In 2019, Russia's trade with the European Union and the United States was 130% higher than its trade with China and India. However, by...
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Jan 31 min read
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EU and Four Leading Asian Economies' Exports to the U.S. Surpass China in 2023
China's goods exports to the U.S. surpassed the combined exports of the four leading Asian industrial economies (Japan, South Korea,...
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Jan 31 min read
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U.S.-China Economic Interdependence Through Exports
China's Economy's Reliance on Exports to the U.S. is Five Times Greater Than the U.S. Economy's Reliance on Exports to China
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Jan 31 min read
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