World Trade Facts

WTM Facts 2023 #13


As U.S. Trade Shifts Away From China...

A Boston Consulting Group report forecasts annual U.S. trade with the Association of Southeast Asian Nations to increase by $236 billion over the next nine years. Thanks to lower labor costs and geographic positioning, U.S.-ASEAN trade will likely grow as the U.S. shifts away from China.

Source: Boston Consulting Group

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