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Vietnam’s Superpower: Versatility

UncategorizedMarch 27, 20260Comments

Vietnam’s Moment in (Trade) Time The wars in Iran and Ukraine, and trade turmoil around the world, especially involving the U.S. and China, have obscured what continues to be one of the essential trade stories of the century: Vietnam’s export growth. The Asian country of 102 million has staged an epic comeback since the 1970s…

Global Trade is Moving On — Without the U.S.

UncategorizedJanuary 20, 20260Comments

One way of looking at China’s trade economy in December and for the full 2025 year is its export surge, amplified by a weak currency, deflation at home, and inflation in most of the rest of the world. China pumped up total monthly exports 6.6% to $357.8 billion in December from $335.6 billion over the…

TDM’s Top 10 Trade Trends to Watch in 2026

UncategorizedJanuary 13, 20260Comments

Happy New Year. While we wait on the Supreme Court to rule whether the Trump administration is entitled to apply tariffs on national security grounds, global trade grinds on. We at Trade Data Monitor are paying attention to what’s happening via the prism of official trade statistics. It’s a radically different world than when I started covering…

Silver Bullet: A Special Report on Mining and Metals Trade in Latin America

UncategorizedNovember 12, 20250Comments

Why China is Still Buying If you’re pessimistic about global trade, you’ve likely been paying too much attention to the Beijing-Washington trade spat. The headline number: In September, Chinese exports to the U.S. declined 27% year-on-year. However, even including that number, China’s monthly exports increased 8.3% year-on-year to $328.6 billion. The truth is that there…

Casualties of the U.S.-China Trade War: 36 Million Phones

UncategorizedSeptember 17, 20250Comments

Please Dial a New Number As U.S. and Chinese negotiators try to find a way out of tariff gridlock, one thing is certain: The smartphone supply chain has shifted significantly, upending the practices and expectations of manufacturers, logistics firms, and retailers. China’s exports of mobile phone fell 11.6% year-on-year in August to 60.8 million sets.…

China Ramps Up Exports to Vietnam Amid Transshipment Worries

UncategorizedAugust 7, 20250Comments

Made in Vietnam (or China) At a time when trade officials around the world are closely watching Vietnam’s evolving place in the global trading system, Chinese exports to the new Asian economic power in June boomed 23.8% year-on-year to $16.3 billion. The U.S.-China trade war has pushed attention of U.S. trade negotiators toward manufacturing powers…

China Reconfigures Export Markets as Shipments to U.S. Plummet

UncategorizedJune 19, 20250Comments

U.S. Market Collapsing For China As Americans and Chinese officials scrambled to forge new politically acceptable trade terms, China reported a pandemic-level decline in exports to the U.S. Chinese shipments to the U.S. fell 34.4% year-on-year in May to $28.8 billion, the steepest drop since Covid-19 upended global trade in February 2020. Chinese imports from…

China Hikes Oil & Gas Imports

UncategorizedApril 23, 20250Comments

China’s Economy When China joined the World Trade Organization in 2001, the move was seen as an essential turboboost to a huge but developing country. Without access to global markets, there was no way for China to become the greatest exporter the world has ever seen. Now, as the backlash to that growth turns into…

Chinese Demand Falters as Imports Decline

UncategorizedDecember 16, 20240Comments

Trade in a Time of Geopolitical Adjustment The focus of the global trade world is, rightly, on President-elect Donald Trump and the U.S. debating and deciding how far they’ll go in enacting new protectionist measures. But an issue that could upend geopolitics -- with unintended consequences that will affect big issues like war and peace,…

Trump Election Gooses Trade– Before Tariffs Hit

UncategorizedNovember 7, 20240Comments

This week’s election of Donald Trump as the U.S.’s 47th president is almost certainly likely to lead to another trade war with China, and further tariffs on American imports. During the campaign, Trump said his favorite word was tariff and floated a universal 10% tariff and specific duties on Chinese imports as high as 60%.…

It’s a Good Summer for Trade But China Ag Imports Fell In July

UncategorizedAugust 12, 20240Comments

During a summer that’s been a boon for free trade despite a looming escalation in trade wars, and the possibility of a second Trump administration, China’s agricultural imports dropped 4.9% year-on-year in July to $17.8 billion. The trend reflects China’s regulatory practices, strategic protectionism, and shifting demographics. China has blocked some U.S. beef imports because of…

China’s EV Export Boom is Driving up Demand for RoRo Ships

UncategorizedApril 15, 20240Comments

China’s electric car export boom has fueled demand in the country for automobile transport ships, driving up prices for foreign buyers. Overall, in March, Chinese ship exports fell 5.9% year-on-year by quantity in March to 399, after steadily rising for most of this decade. By value, they increased 34% to $3.1 billion. So called Roll-on/roll-off,…

China Reboots Trade Thanks to Africa, India, Latin America

UncategorizedMarch 11, 20240Comments

Don’t let anybody tell you that globalization is dying—at least, not yet. Global trade economists obsess over consumer demand and rising protectionism in the U.S. and Europe, but this week’s release of Chinese trade statistics shows that other markets might soon be catching up in relevance. The Promise of Other Markets China’s exports to Latin…

Vietnam’s Secret Weapon: Agriculture

UncategorizedMarch 1, 20240Comments

In a tricky global economy, Vietnamese exports shrank in 2023, but the rising economic power managed to be one of the only countries to increase merchandise exports to China, thanks to a surprising surge in exports of fruits and vegetables, as well as rice, demonstrating the importance of export diversification. The Difficulties of 2023 The country of…

China Hikes Iron Ore, Copper Imports Amid Car Building Boom

UncategorizedJanuary 23, 20240Comments

In the somewhat gloomy December and annual China trade statistics released in the second week of January was buried a piece of data that hearkened back to the boom years of Chinese commodity consumption: China is buying a lot more iron ore and copper. In December, China boosted iron ore imports 11.1% year-on-year to 100.9…