Geopolitics

Exports to China totalled 11.3% in July and imports 21.9% of total exports

During July, China was again Argentina’s leading trading partner, the Asian country’s market represented 11.3% of total exports of national products and 21.9% of imports. The principal shipments were soybeans, frozen boneless beef, and animal or vegetable fats and oils. Local shipments amounted to $553m in July (-14.3% y-o-y), while Chinese goods purchases reached $751m (-20.4% y-o-y).

Source: Ámbito