China-Latin America Trade Index: Small countries stand out


11th May 2016

Trade between China and Latin America reached a total of $231 billion during 2015, 10 percent lower than the year before, according to Latin Trade’s most recent ranking.
But some of the smallest countries in the region posted the most notable results. El Salvador’s imports from the Asian giant grew four-fold in the 2014-2015 period, albeit a much lower 23 percent rise in its exports.
Cuba posted some of the best results all-round, with total bilateral trade growing 58.6 percent to $2.2 billion, the most out of any country.
Other winners include Guatemala, up 17 percent; Nicaragua, 15 percent increase, and the Dominican Republic, with a 14 percent growth in bilateral trade.
But the region is still feeling the effects of the Chinese economy’s slowdown and consequent drop in commodity purchases, with half of the countries posting losses in their total bilateral trade figures with the Asian giant. Some 85 percent of the region’s exports to China are commodities.
Most of the region’s larger economies saw their total trade with China fall: Brazil -17.4 percent; Chile -6 percent and Colombia, -28 percent, although Argentina was the exception with an almost 13 percent increase.
The index is divided into categories including: China-Latin America trade figures, winners and losers, top trade partners, top exporters and top importers.
To download the full spreadsheet, click below:

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