Influence of China and USA in Latin America

Influence of China and USA in Latin America

This visualization highlights the evolution of the LATAM imports of goods from USA and China since 1998.

It clearly shows that USA, who was responsible for 48% of the imports in 1998, has seen its influence decrease over the years: Latin America imports now only 33% of its goods from USA.

On the other hand, China has seen its share increase from 2% to 18% in the past 20 years, and surpasses USA in several countries: Brazil, Chile, Argentine, Peru, Paraguay and Uruguay.

How will USA react to this trend?