Pharmaceuticals
Agriculture
Oil, gas, petroleum based products
Wide range of chemicals
Weapons
But you do make a good point about wealth transfer over the last 40 years.
Now why would service economy also dry up?
Pharma, presently, yes, but China is just around the corner on that one. But yes, IMO US leads in terms of innovation.
Agriculture - What is say a country like Vietnam going to buy? US agriculture basically lives on subsidy, something US tells others not to do. There is no significant innovation nor price advantage here in this segment.
Oil, Gas and petro products - again, there is no innovation and price advantage. Europe buys because US proxies blew up the existing supply chains and Canada sells to US for cheap. There is no *free market* reason to pursue it.
Chemicals - Super wide and complex industry, so I dont have know much about it.
Weapons: Purchases are driven by politics, not necessarily free market (innovation and/or price).
So most of the sectors you've mentioned, only Pharma pops out in terms of competitiveness (either innovation or price advantage).
I would say, Commercial space is another sector where US is most competetive.
Regarding services, bro, you havent seen some local Chinese apps. They'd swallow Google whole in one bite. A friend was in China, the app tells the fkn countdown timer of the signal and other crazy shit.
Ive not seen google maps show that in over 30+ countries ive used it in. Just a small example, there are so many nore. Once these services are saturated in local markets, they will start expanding by offering better and cheaper products. Deepseek was just a preview of things to come.
At the end if the day, it comes down to innovation and or price. And it seems like CCP has a full checklist of sectors theyre ticking off.