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SPXT - Economic Forecast For U.S. Exports 2022-2023
ProShares S&P 500 Ex-Technology
United States exports will grow at a slow pace in 2022, with improvement in 2023. Key factors will be the Covid-19 pandemic, how our largest trading partners fare economically, and the path for the dollar.
Total international trade fell sharply in the pandemic, with most countries’ exports and imports both declining.
The other key factor for U.S. exports is the foreign exchange rate.