Mexico surpasses China as the US's main exporter for the first time since 2002. Official data published on Wednesday show a dramatic drop in goods imported to the United States from China.

China sold 20% less to Americans in 2023 compared to the previous year. Besides Mexico, the gap is largely being filled by India, followed by Vietnam, Poland, Indonesia and then Romania. “Reshoring is definitely changing trade,” said Nada Sanders, professor of supply chain management at Northwestern University in Boston.