📈 China Leads Global Goods Exports: $3.4 Trillion in 2023 vs. EU’s $2.8 Trillion and U.S.’s $2.0 Trillion
https://i.redd.it/qkzar80r2kce1.jpeg
by EconomySoltani
📈 China Leads Global Goods Exports: $3.4 Trillion in 2023 vs. EU’s $2.8 Trillion and U.S.’s $2.0 Trillion
https://i.redd.it/qkzar80r2kce1.jpeg
by EconomySoltani
1 comment
That’s not necessarily a good thing. It can turn out to be a terrible thing real quick if things go bad in the economy.
This is only looking at total value, but if you look at export to GDP, about 20% of China GDP is for exports. They have not been doing a great job developing their own internal market in some areas.
US and EU have much lower %, with US being the best overall.
It does generate a lot of surplus for China though. That’s important
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