Myth of the Interregional Trade Relationship between East Asia and South America
There seems to be a general consensus that trade between East Asia and South America has been increasingly important. However, we know little about the actual dynamic development of this interregional trade. This paper examines whether the trend of East Asia-South America trade is a general phenomenon or a country-specific/product-specific issue and whether the increase in trade values has a solid basis in terms of product diversification and/or price/quantity effects. While South America has a trade surplus with East Asia, overall, detailed by-country and by-product analyses of interregional trade reveal several potential weaknesses that South America has with regard to trade with East Asia. Our research findings are: (i) the increase in trade between the two regions can be, mainly, explained by the increase of China’s trade with South America; (ii) the increase of China’s import from South America is limited to a few number of commodities; (iii) the increase of East Asia’s imports from South America is, partly, due to commodity price increase; (iv) China started to export various types of electronics and machinery products to South America. Overall, East Asia’s export to South America seems to have promising growth than South America’s export to East Asia.
Volume (Year): 35 (2012)
Issue (Month): 16 ()
|Contact details of provider:|| Postal: 1300 New York Avenue, NW, Washington, DC 20577|
Web page: http://www.iadb.org/intal
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:idb:intala:jou:integandcom:v:35:y:2012:i:16:p:69-81. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Felipe Herrera Library)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.