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Order sizes remain painfully small ... US orders start to migrate out of China ... Bangladesh powers ahead in sustainable manufacturing

MARCH 2023

Trade between the U.S. and China set a record last year, new official figures show, despite bilateral tensions running high.
- Imports and exports of goods between the countries hit $690.6 billion.

THE SITUATION IN MARCH

Even during Q4 last year most people felt that by early
2023 everything would be ‘back to normal.’

So far that hasn’t happened.

Logistics have normalized, but now interest rates and inflation have stepped into create new market disruptions.

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