Chilean exports exceed those of Argentina in China; blame TLC
"Exports to China are 8 times higher than those of Argentina, we lost with Chile”Published an Argentine newspaper. The media highlights that Chile exported to China for a value equivalent to almost 6 billion dollars, with a favorable balance of 1,7 billion.
During the first three months of 2018, Chilean exports to China "they surpassed more than eight times those carried out by our country, - the online newspaper La Nueva writes in its online edition - based on the fact that it has preferential market access within the framework of a Free Trade Agreement" At the same time, Chile's exports to the Asian country totaled 5.871 million dollars, with a favorable commercial balance of 1.754 M / u $ s. Argentina, on the other hand, exported only 721 M / u $ s, with imports by 3.336 M / u $ s, which produced a huge trade deficit of 2.615 M / u $ s.
Chilerna exports are composed almost 70% by mining products (mainly copper), followed by fruits (902 M / u $ s), cellulose (424 M / u $ s), processed foods (89 M / u $ s) , bottled wine (58 M / u $ s) and salmon (57 M / u $ s), among others.
In the case of the trans-Andean country "unlike Chile, it does not have an FTA with China, so that the entrance of local products to that destination faces a series of restrictions and tariffs that hinder its access (added to excessive fiscal pressure in the domestic market and sudden movements). of the macroeconomic variables promoted by oversized public spending)", Clarifies the online newspaper.
Source: Fruit Diary
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