2015, China will become the second largest trade partner in Latin America (2011-05-12 14:31:49)
Tags: Latin America Latin America Latin American export trade in South America Buy Buy
Category: Latin American trade information in South America and the Caribbean Economic Commission Buy (CEPAL) in the April 13 release of a report estimated that by 2015 China will exceed the European Union, becoming the second largest trade partner in Latin America.
Exports to major markets in Latin America over the past decade's exports continued to grow, China could quickly become the region's second largest export market, accounting for the share of regional exports in 2009 rose 7.6% to 19.3% in 2020, while the share of EU will remain at 14%, from 2015 being exceeded by China. China's trade with the U.S. attenuation (probably from 2009, 38.6% to 28.4% in 2020) will be on Latin American trade some compensation.
China is a buy in some countries in Latin America's major trading partners. Chilean exports to China accounted for 13% of total exports, followed by Peru (11%), Argentina (9%), Costa Rica (7%) and Brazil (7%); from imports, the Uruguay imports 27% of In China, followed by Chile (11%), Argentina (11%), Brazil, Mexico and Colombia (10%).

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