Superseded ? China fell to third place and is no longer the largest importer to the United States

Mondo Sports Updated on 2024-03-03

Kunpeng Project

"Superseded"? China fell to third place and is no longer the largest importer to the United States

In recent years, there has been a situation in the world economy, that is, the recovery of the world economy is very slow, and the exports of many countries have experienced negative growth, of which China is also one of them.

Since we entered the WTO, China's exports have begun to develop in the first style.

China's exports, for China's economy, is undoubtedly a huge boost, many countries hope to be able to use it as a big exporter, and with the domestic foreign ** is getting better and better, the country's economy, is also constantly expanding.

Take the economic crisis of 2008, for example, when our exports to the United States skyrocketed, and we became the largest importer of the United States.

Therefore, we Huaxia have maintained their hegemonic position for fifteen years, but in 2022, the situation has changed, and Huaxia is no longer the number one buyer in the United States.

What's going on? What is the largest exporter to the U.S. right now?

Judging from the figures in the first half of next year, China will lose the largest ** partner of the United States and become the largest ** partner of the United States.

The outlook for the world economy in 2023 is not very good, and judging by the chart, almost all the data is a green line.

Asia claims to be the world's industrial center, but in 2022, exports to the United States across Asia have declined significantly, with Vietnam's exports to the United States falling by 17%, South Korea's exports to the United States falling by 12%, and China's exports to the United States also declining significantly.

In other words, our exports to the United States will decrease by 8 percent in 20224 percent, that is, our exports to the United States will be reduced by 8.8 percent.

If we measure it in dollars, then our exports to the United States will fall by 14% in the first half of next year, and that's just a reduced transaction limit. Our exports to the U.S. have decreased much more than the U.S., and our exports have decreased by 179%。

Why are U.S. products from China, Asia, and the rest of Europe going to this extent? Also, how can our country's exports to the United States drop so much? There are two main reasons for this.

The first reason is that in this epidemic, our country has made huge profits, and it can be seen from the relevant figures that our country's exports will have a huge growth between 2020 and 2021.

This is when the epidemic broke out, the United States used the means of "big water" to distribute large-scale to the American people, as long as a country is willing to give out cash for free, then they can spend money unscrupulously.

During this time, people in the country are almost staying at home, and there is nothing to buy, and most of the homes and companies in the United States are buying through appliances and appliances.

As we all know, in this regard, our country's economic development is very good, and the consumption of Americans has also driven our country's exports, and from 2020 to 2021, our exports to the United States have increased greatly.

Even in the United States, there is a growing demand for electrical appliances and their purchasing power.

But as 2022 approaches, consumers and companies in the U.S. are starting to turn their attention to tourism and the food and beverage industry, which is the main reason why China's exports to the U.S. are decreasing.

The second reason is that the US Federal Reserve has already begun to raise interest rates in 2022, and raising interest rates is equivalent to significantly tightening market liquidity, easing inflation, making cash transfers a thing of the past, and curbing spending by businesses and households.

Of course, there must be both internal and external reasons for such a large decline in a country's foreign trade, in other words, there are also external reasons for the decrease in our exports to the United States.

In other words, the United States has given up exporting certain products to China, and after this crisis, they have gradually stopped relying on Chinese products and bought them from abroad.

For both internal and external reasons, China has gone from being the largest exporter to the world's largest exporter, and now it has fallen to third place, while Huaxia has fallen to the top two, who are these two?

According to figures released by the U.S. Department of Commerce, the U.S. imported 1686 from China300 million.

Conversely, the total amount of U.S. imports to the rest of the world, with the U.S. to Germany, Vietnam, and Mexico, each in 1949400 million and 1754900 million.

As you can see from these figures, China is no longer the largest exporter to the United States, but has been replaced by Mexico and Canada, and China is the world's largest exporter.

Mexico is now the largest exporter to the United States, Canada is the largest exporter to the United States, and we at China are the world's largest exporters to the United States.

In fact, it is not surprising that Canada is a major exporter to the United States, because Canada has a good geographical location, a small population, and most importantly, they have a lot of oil, all kinds of minerals.

They can sell all their supplies to the United States, which will be of great help to their economy, because they can get more profits through **.

Canada can export a lot of goods to the United States, but what goods can Mexico export to the United States? Let's take a look at what kind of goods are available in Mexico that can be sold to the United States.

According to some figures, Mexico's main products to the United States include: automobiles and their parts, household appliances, electronics, furniture, petroleum and so on.

But one thing is very strange, China exports this kind of product to Mexico, how can Mexico buy it from us and sell it to the United States? Or is Mexico the same way?

In fact, Mexico's industry is heavily dependent on the large quantities of raw materials and equipment we import from China.

But what Mexico bought from us did not give it to the United States for the first time, they all processed it domestically first, and then sold it to the United States.

The United States exports such large quantities of goods to Mexico, most likely because it wants Mexico to reduce its dependence on China on its own and develop it into a manufacturing plant in the country.

China's exports to the U.S. have so far fallen to No. 3, how will the relationship between China and the U.S. develop? In fact, it is clear to everyone that there is some kind of direct competition between China and the United States.

The United States has been suppressing us and restricting our industry, but our industry is still one of the most powerful countries in the world.

In order to develop its own industry, the United States must import more goods from China, which is also their dependence on China.

The United States has stopped relying on us, but has made Mexico the second exporter in the world, making Mexico the world's largest industrial center.

If the United States does not buy from us, our country will not have any contradictions with the United States, and on the contrary, Sino-US relations will remain relatively stable.

Although our country is currently in third place, I think the United States will still use our country, and we will provide some assistance under appropriate conditions.

From this piece of news, we can see that the United States is indeed guarding against us in all directions, because the speed of development of our country is so fast that it has even threatened the domination of the United States in the world.

But no matter how much the United States suppresses us, we will continue to move forward and make our industry better.

Even if the United States no longer imports products from China, we must make China's products better and sold all over the world.

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