🚨TRADE #EVOLUTION : 🇺🇸U.S VS 🇨🇳CHINA (2000-2024)
🔹In 2000, U.S. trade was $2.0 trillion, over four times China’s $474 billion.
🔹From 2000-2024, U.S. trade grew by 167% (4.2% CAGR), while China’s surged by 1,200% (11.3% CAGR), surpassing the U.S. in 2012.
🔹2024 #trade : U.S. at $5.3 trillion, China at $6.2 trillion.
🔹China is #now the top trade partner for most regions, including Asia, Eastern Europe, and Africa.
🔹Future trends: North America, Europe (excluding Russia), North Africa, and India to strengthen ties with China, focusing on fuels, minerals, and agriculture.
