US media: China drives export growth in Latin America, making it its largest growth market by 2025

China is driving export growth in Latin America and will become its largest growth market by 2025, "Bloomberg reported on the 24th. The latest forecast from the Economic Commission for Latin America and the Caribbean (Latin America and the Caribbean) predicts that China is expected to become the fastest-growing market for commodity exports in Latin America and the Caribbean this year, under the influence of trade tensions and tariff wars.

According to the International Trade Outlook for Latin America and the Caribbean 2025 released by the Economic Commission for Latin America and the Caribbean, the region's exports of goods to China are expected to increase by 7% this year, higher than those of the European Union and the United States. This growth trend is mainly driven by the increase in sales of meat and soybeans, as well as the rise in prices of copper and other mineral products.

According to reports, Jose Salazar, Executive Secretary of the Economic Commission for Latin America and the Caribbean, said, "In the medium to long term, measures to promote diversified development of trade relations, target markets, and trade partner combinations are crucial." At the same time, Salazar said, "The specific list varies by country, but overall, the largest markets are obviously the European Union, China, India, ASEAN, Gulf countries, and some other Asian countries. There are multiple highly dynamic markets around the world, and Latin America is already conducting trade with them

In terms of commodity imports, the Economic Commission for Latin America and the Caribbean emphasizes that the region's imports from China are expected to increase by 13% this year. According to the Chilean MasContainer website on the 21st, the Economic Commission for Latin America and the Caribbean emphasized that it will readjust its export direction and shift towards Asia, especially China and ASEAN.

CNN's Spanish version previously stated that China's influence in Latin America and the Caribbean is increasing, surpassing the European Union to become the region's second largest trading partner. In addition, the trade volume of some Latin American countries with China has exceeded that of the United States. Leon Manryks, a professor of political science at the Metropolitan Autonomous University of Mexico and an expert in Asian studies, pointed out that "since the end of World War I, no country has had such significant influence in Latin America and the Caribbean as China