The US just imported its smallest share of Chinese goods in 17 years — and the big winners are Mexico and Vietnam

• The US is importing fewer goods from China, as supply chains shift away from the East Asian country.
• Goods imported from China into the US made up 14.6% of all imports in the 12 months through July, per a Bloomberg analysis.
• This is the lowest share of Chinese goods imported to the US since 2006.

The US has been importing a smaller proportion of goods from China — indicating a shift in global supply chains as companies diversify their manufacturing bases.