China is ramping up trade with Latin America:
China now reflects 20.9% of Latin American and Caribbean exports, excluding Mexico, marking the 6th consecutive year with a weight above 20.0%.
This surpasses the US at 16.4% and the EU at 12.4%.
China’s contribution to Latin American and Caribbean exports has surged +20 percentage points since 2000.
At the same time, the US and EU weights have fallen -15 and -5 percentage points, respectively.
In absolute terms, China imports $180 billion from the region annually, compared to $142 billion for the US and $107 billion for the EU.
This comes as Latin America has become a key supplier of commodities, including oil, soybeans, copper, iron ore, and various meats to China.
China's global economic influence is growing.
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China now reflects 20.9% of Latin American and Caribbean exports, excluding Mexico, marking the 6th consecutive year with a weight above 20.0%.
This surpasses the US at 16.4% and the EU at 12.4%.
China’s contribution to Latin American and Caribbean exports has surged +20 percentage points since 2000.
At the same time, the US and EU weights have fallen -15 and -5 percentage points, respectively.
In absolute terms, China imports $180 billion from the region annually, compared to $142 billion for the US and $107 billion for the EU.
This comes as Latin America has become a key supplier of commodities, including oil, soybeans, copper, iron ore, and various meats to China.
China's global economic influence is growing.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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US Air Force officer WARNS hobbyists tracking military flights online pose OPSEC risk
‘We’d call it secret — maybe top secret — yet it’s on the open internet’
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‘We’d call it secret — maybe top secret — yet it’s on the open internet’
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BREAKING: sama ANNOUNCES "PETER STEINBERGER IS JOINING OPENAI TO DRIVE THE NEXT GENERATION OF PERSONAL AGENTS" - "OPENCLAW WILL LIVE IN A FOUNDATION AS AN OPEN SOURCE PROJECT THAT OPENAI WILL CONTINUE TO SUPPORT"
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BREAKING - Japan’s new right-wing majority has banned all public displays of Islam, including calls to prayer, street prayers, and large mosques, and has blocked further production of halal food and Muslim cemeteries, stating that Japanese burial customs must now be followed
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The US Dollar continues to lead all global transactions:
The US Dollar's portion of international transactions via SWIFT is up to 50.5%, the highest since 2023.
This percentage is up +11.6 points over the last 4 years.
The Euro remains in 2nd place at 21.9%, followed by the British Pound, at 6.7%, the Canadian Dollar, at 3.4%, and the Japanese Yen, at 3.4%.
By comparison, the Chinese Yuan is just 2.7%, roughly unchanged over the last 3 years.
Meanwhile, SWIFT processed 13.4 billion trade instructions in 2024, up from 11.9 billion in 2023.
The US Dollar's position in international finance remains strong.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
The US Dollar's portion of international transactions via SWIFT is up to 50.5%, the highest since 2023.
This percentage is up +11.6 points over the last 4 years.
The Euro remains in 2nd place at 21.9%, followed by the British Pound, at 6.7%, the Canadian Dollar, at 3.4%, and the Japanese Yen, at 3.4%.
By comparison, the Chinese Yuan is just 2.7%, roughly unchanged over the last 3 years.
Meanwhile, SWIFT processed 13.4 billion trade instructions in 2024, up from 11.9 billion in 2023.
The US Dollar's position in international finance remains strong.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶