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China, the EU and Latin America : current issues and future cooperation
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70 China theEUandLatinAmerica:CurrentIssuesandFutureCooperation AsfarasMERCOSUR membersareconcerned themajordestinationsfor Brazilianexportswere 2008 2007 :theUnitedStates 14percent 15.8per cent ), Argentina 8.9percent 9percent ), China 8.3percent 6.7percent andtheNetherlands 5.3percent 5.5percent .TheEUisrankedfirst ifits membersfiguresareaggregated theNetherlands Germany ItalyandBelgium arethe main markets inthatorder ), basedon MinistryofDevelopment IndustryandForeignTradestatistics Alicewebdata .Ontheotherhand the majorcountriesforArgentinasexportswere 2008 2007 :Brazil 18.6per cent 18.7percent ), China 9.3percent 9.4percent ), theUS 7.4percent 7.4percent andChile 7.5percent 6.6percent .TheEUranksfirstin2008 ifits membersfigures are aggregated based on MERCOSUR statistics Aliceweb Mercosurdata .Takenasabloc MERCOSURs majorexport partners 2008 2007 weretheEU 26percent 27percent ), theUS 13.9per cent 15.9percent andChina 9.8percent 8.5percent )( Gambini2008:32 AlicewebMercosuldata 3.1 ExportandImportTrends Inthe1980sandearly1990s bothBrazilianandArgentineanexportsto Chinarepresentedlessthan3percentofthosecountriestotalforeignsales BarralandPerrone2007 .Althoughtradeincreasedsteadilyinthemidandlate 1990s truly spectacular growth occurred onlyin thefollowing decade as presentedinFigure1 Figure2andFigure3. 犉犻犵狌狉犲1 犅狉犪狕犻犾 犆犺犻狀犪犜狉犪犱犲犅犪犾犪狀犮犲 犉犻犵狌狉犲2 犃狉犵犲狀狋犻狀犪 犆犺犻狀犪犜狉犪犱犲犅犪犾犪狀犮犲 2002 2008 犝犛$ 犿犻犾犾犻狅狀狊 2002 2008 犝犛$ 犿犻犾犾犻狅狀狊