IDEAS home Printed from https://ideas.repec.org/p/zbw/iamo11/20.html
   My bibliography  Save this paper

Latin America's agricultural exports to China: Recent trends

Author

Listed:
  • Caballero, Jorge
  • O'Connor, Ernesto
  • Amado, Blanca

Abstract

Latin America is becoming the fastest growing agricultural production region and Brazil has by far the fastest growing agricultural sector. China from being a small agricultural importer (1.4% of world imports in 1990/01), became the fifth largest importer at 5.4% of world imports in 2006/07. China's overall trade with Latin America has expanded substantially during the last two decades -the rate of growth has been greater than any other region in the world since 2005. Most exports from Latin America to China are primary products while Chinese exports to Latin America are mostly industrial products. The Chinese demand for agricultural products is concentrated in food products such as grains and oilseeds. Countries specialised in those commodities -eg. Brazil and Argentina-exhibit a strong orientation on the Chinese market. In turn, growing subsectors in China, like fruits and vegetables, are posing strong competition to some world supplier countries in Latin America such as Chile and Peru. Since China is promoting structural reforms of its agricultural sector, aimed at increasing productivity and improving food security, and is expanding their direct investments overseas to secure provision of raw materials, Latin American governments need to pursue long-run strategic public policies. They need to optimize trade results and promote production efficiency that on one hand contribute to take advantage of the current market situation but at the same time assure the protection of the natural resources and preserve the production capacity and the agricultural diversity.

Suggested Citation

  • Caballero, Jorge & O'Connor, Ernesto & Amado, Blanca, 2011. "Latin America's agricultural exports to China: Recent trends," IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth 20, Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO).
  • Handle: RePEc:zbw:iamo11:20
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/50799/1/670814253.pdf
    Download Restriction: no

    More about this item

    Keywords

    Latin America; China; trade; agriculture; soybean; agricultural policies;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:iamo11:20. 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: (ZBW - German National Library of Economics). General contact details of provider: http://edirc.repec.org/data/iamoode.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.