How China surpassed the United States as the world's largest trading partner
Trade accounted for 59 percent of world GDP in 2018, an increase of roughly 1.5 times since 1980. International trade has changed dramatically over this time period, not only in terms of volume and composition, but also in terms of which countries the rest of the world relies on for their most vital trading connections. Now, the picture is changing dramatically, and you might be surprised to find that China has already surpassed the United States as the world's most powerful trading partner.
A Global Shift in Positions
The Lowy Institute's animation today uses data from the International Monetary Fund's (IMF) database on bilateral trade flows to assess whether the United States or China is the largest trade partner.
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