China’s financing and investment spread across 61 BRI countries in 2023 (up...
2024-02-27 30 英文报告下载
Overall goods exports to China increased 1.2 percent year over year, and the top categories remained largely the same as previous years. While a positive growth figure suggests, at first glance, that the bilateral trade relationship is expanding, high inflation and other factors suggest it is wavering, at least in a few key sectors. Growth in US exports to other top foreign markets in 2022 far outpaced growth in exports to China.Oilseeds and grains—crops like soybeans, wheat, and corn—remained the largest export to China by far.
At $25.4 billion, these exports totaled more than twice the size of the next largest category. US farmers sent $3.6 billion more in oilseeds and grains to China than they did the year before. According to the US Department of Agriculture, this growth is largely attributable to strong demand and higher prices of agricultural goods compared to the previous year, as the volumes of most agriculture exports actually went down. Trouble in other markets—a drought in South America, a palm oil export ban in Indonesia, and the war in Ukraine, an important exporter of wheat—put upward pressure on prices.
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