China’s Growing Trade Dominance in Latin America
Over the past 20 years, China’s economic presence around the world has grown significantly, including in Latin America.
Now, China is one of Latin America’s largest trade partners, which is threatening U.S. dominance in the region. This graphic by Latinometrics uses IMF data to show trade flows between China and Latin America since the 1980s.
Two Decades of Trade Growth
Visualized: The Value of U.S. Imports of Goods by State 2021
For nearly 50 years and counting, U.S. imports have exceeded exports—and 2021 was no exception. Imports of goods to the U.S. equaled $2.8 trillion, relative to $1.8 trillion for exports, putting the 2021 goods trade deficit at its highest level on record.
United States Secretary of State Antony Blinken, speaking Wednesday in the African country Congo, expressed concern about the detention of Jean-Marc Kabund, the former vice president of Congo’s parliament. Blinken referred to the detention of Kabund as “a possible setback to the importance of having the right environment for elections and the civic space with the detention of a opposition political leader.” Hmmm.