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May 20, 2011

Milestone for imports from China, Mexico, Brazil

Most people assume U.S. imports are dominated by stuff from developing nations such as China and from the oil producers in OPEC. But Mike Mandel points out that only last year did imports from China, Brazil and Mexico surpass those from developed nations in the G6 -- France, Germany, Italy, UK, Canada and Japan. Imports in either of those categories dwarf those from OPEC. changingimports.gif
Posted by Jay Hancock at 8:10 AM | | Comments (2)
        

Comments

Wow.

Imagine how much higher those numbers would be if all the Mexican agricultural output was counted as well.

I agree with MrRational. Those numbers would be higher if all the Mexican agricultural output was counted as well.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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