2 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 membersfiguresareaggregated ( theNetherlands , Germany , ItalyandBelgium arethe main markets , inthatorder ), basedon MinistryofDevelopment , IndustryandForeignTradestatistics ( Alicewebdata ) .Ontheotherhand , the majorcountriesforArgentinasexportswere ( 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 membersfigures are aggregated , based on MERCOSUR statistics ( Aliceweb Mercosurdata ) .Takenasabloc , MERCOSURs 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 Chinarepresentedlessthan3percentofthosecountriestotalforeignsales ( 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 )
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China, the EU and Latin America : current issues and future cooperation
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