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Argentina is one of China's main trading partners in South America; the trade between both countries amounting to nearly $13 billion in US currency. Before 2008, the amount of exports Argentina sent to China accounted to be US$5.796 billion, and the imports from China to Argentina totaled to be US$7.649 billion. [9]
Following trade negotiations, soy oil purchases from China resumed in 2011. [22] Argentina's merchandise trade deficit with China has mostly grown since then, reaching US$9.5 billion on US$17.5 billion in imports by 2022; China is now Argentina's leading source of imports by nation, with 21.5%. [21]
On the other hand, a large part of the exports of Costa Rica (which has a Free Trade Agreement with China), El Salvador, and Mexico to China were high-tech manufactured goods. [6] 5% of China's exports went to Latin America in 2009 and consisted mainly of industrial and manufactured goods. Chinese goods are popular in part due to their low costs.
LONDON (Reuters) -Argentina plans to tap a $7.5 billion disbursement from the International Monetary Fund to repay China part of the money it borrowed through a currency swap line, two sources ...
Argentina could see a resetting of some global ties depending on the result of its run-off presidential election later this month - although the value of trade with partners like China and Brazil ...
Argentina's entry into the Belt and Road Initiative is a significant advance in Beijing's bid to strengthen ties with Latin America, according to experts. During a high-profile visit to Beijing ...
ASEAN has bilateral agreements with the following countries and blocs: . ASEAN–China Free Trade Area (ACFTA), in effect as of 1 January 2010; ASEAN–Hong Kong, China Free Trade Area (AHKFTA)
BEIJING (Reuters) -China said on Tuesday it would be a "serious mistake" if Argentina were to cut ties, after the weekend presidential election victory in the South American country of a right ...