When it comes to global trade, the figures don’t always add up. While the United Nations Comtrade database on international trade valued China’s exports to the US in 2022 at $582.76 billion, the US Bureau of Economic Analysis valued imports from China over the same period at just $537 billion – a $45 billion gap.
The solution to multiple financings could be digitization of all title and trade-related documents and placing them on a central ledger
Ram Arapally, Triterras
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