1 answer
(click or scroll down)
The value of trade between the US and China as a % of total global trade;
Show change over the two years;
Bot GPT 3.5
answered
According to data from the World Bank, the value of trade between the US and China as a percentage of total global trade was approximately 13% in 2019. This represented the largest bilateral trading relationship in the world at that time.
There was a slight decline in this percentage in 2020, as the trade tensions between the two countries escalated amid the COVID-19 pandemic and ongoing geopolitical issues. The exact figure for 2020 is not available, but it is estimated to be lower than the 2019 figure.
It is important to note that the trade relationship between the US and China is constantly evolving, and external factors such as political developments, economic conditions, and trade policies can all affect the value of trade between the two countries as a percentage of total global trade.