Empirical analysis of export trade patterns from China to Latin America

Authors

  • Xiwei Zhong Facultad de Economía, Economía internacional Universidad de Ciencia y Tecnología de Huazhong Wuhan, China 430074
  • Honghui Wang Wang Facultad de Filosofía y Letras, Estudios lingüísticos Universidad Autónoma de Madrid España, Madrid 28049

DOI:

https://doi.org/10.18002/sin.v9i2.6194

Keywords:

Latin American countries, export trade, competitiveness, complementarity.

Abstract

In recent years, the relations between China and Latin America have experienced a
dramatic deepening. Latin America is expected to become the last part of the magnificent "The Belt and
Road" development program, in order to achieve a new historic opportunity for commercial cooperation
between China and Latin America. In this case, it is necessary to carry out a deeper analysis of the
export potential between the two parties. First, from a historical perspective, this work analyses
the development and current situation of trade between China and Latin America, the structure of
commodities of export from China to Latin America and the distribution of the country through the UN
statistical database. Then analyses the competitiveness and trade complementarity between China and
the main Latin American countries using the formula. According to the results, since the 20th century
the import and export trade between China and Latin America has grown vigorously, but the growth
rate has slowed and has even declined in recent years. Between China and Latin American countries
there is a strong degree of complementarity in trade, but this degree has shown a downward trend.
Among Latin American countries, Mexico is the country that dominates the highest competitiveness and
the least narrow trade link with China; While Venezuela, Peru and Chile are the countries that maintain
the greatest complementarity and the strongest trade link with China. Finally, this work proposes welltargeted
policy recommendations.

Downloads

Download data is not yet available.

Author Biographies

Xiwei Zhong, Facultad de Economía, Economía internacional Universidad de Ciencia y Tecnología de Huazhong Wuhan, China 430074

Facultad de Economía, Economía internacional
Universidad de Ciencia y Tecnología de Huazhong
Wuhan, China 430074

Honghui Wang Wang, Facultad de Filosofía y Letras, Estudios lingüísticos Universidad Autónoma de Madrid España, Madrid 28049

Facultad de Filosofía y Letras, Estudios lingüísticos
Universidad Autónoma de Madrid
España, Madrid 28049

Downloads

Published

2020-03-03

How to Cite

Zhong, X., & Wang, H. W. (2020). Empirical analysis of export trade patterns from China to Latin America. Sinología hispánica. China Studies Review, 9(2), 57–76. https://doi.org/10.18002/sin.v9i2.6194