3 08 China , theEUandLatinAmerica:CurrentIssuesandFutureCooperation years , thedeficithasincreasedfrom USD397million ( 2000 ) toUSD11billion ( 2008 ) .TheratiobetweenChinasexportstoBrazilanditsimportsfromBrazil peakedat0.76 ( 2000 ) andbottomedoutatamere0.37 ( 2003 ) . 犜犪犫犾犲3 犜狉犪犱犲犫犲狋狑犲犲狀犆犺犻狀犪犪狀犱犅狉犪狕犻犾 ( 犝犛犇100犿犻犾犾犻狅狀 ) Year Exports Imports ExportsImports ExportsImports 2000 12.24 16.21 -3.97 0.76 2001 13.51 23.47 -9.96 0.58 2002 14.66 30.03 -15.37 0.49 2003 21.45 58.44 -36.99 0.37 2004 36.75 86.84 -50.09 0.42 2005 48.28 99.89 -51.61 0.48 2006 73.8 129.2 -55.40 0.57 2007 113.72 183.33 -69.61 0.62 2008 187.5 297.5 -110.00 0.63 Source:GeneralAdministrationofCustomsofPRChina2009. Inthepastnineyears , thetradedeficitbetweenChinaandArgentinahas risenfrom USD120million ( 2000 ) toUSD4.32billion ( 2008 ) .Theratio betweenChinasexportsandimportsfromArgentinapeakedat0.87 ( 2000 ) and bottomedoutatamere0.15 ( 2002 ), beforerisingstronglyagain ( Table4 ) . 犜犪犫犾犲4 犜狉犪犱犲犫犲狋狑犲犲狀犆犺犻狀犪犪狀犱犃狉犵犲狀狋犻狀犪 ( 犝犛犇100犿犻犾犾犻狅狀 ) Year Exports Imports ExportsImports ExportsImports 2000 8.10 9.30 -1.20 0.87 2001 5.74 12.81 -7.07 0.45 2002 1.80 12.40 -10.60 0.15 2003 4.47 27.29 -22.82 0.16 2004 8.52 32.55 -24.03 0.26 2005 13.25 37.99 -24.74 0.35 2006 20.04 37.00 -16.96 0.54 2007 35.67 63.35 -27.68 0.56 2008 50.40 93.60 -43.20 0.54 Source:GeneralAdministrationofCustomsofPRChina2009.
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China, the EU and Latin America : current issues and future cooperation
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