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Latin America's export trade prospect of agricultural products to China

  • Jun Zhang
  • , Valeska V. Geldres-Weiss
  • , Jorge Heredia

Research output: Contribution to journalArticle in a journalpeer-review

4 Scopus citations

Abstract

The objective of this research is to analyze the trade prospect of Latin America countries’ exporting agricultural products to China combining the dimensions of competitiveness and trade potential, and using the Boston Matrix. Based on the agricultural product trade data from 2000 to 2019, three categories are analyzed based on Harmonized System: animal, plant, and food processing product. The results show there are 4 LA countries in the zone of bright prospect trading agricultural products with China, which are Mexico, Brazil, Uruguay and Argentina. And 16 countries in the zone of promising prospect, 6 countries in the zone of bottleneck prospect, 5 countries in the zone of dark prospect. From the perspective of the category of agricultural products, plant agricultural product is the category in which there are the most countries with bright prospect. From the perspective of trading region, South America is the area in which countries with bright prospect concentrate. Countries with dark prospect mainly concentrate in Central America and South America. Countries with bottleneck prospect evenly distribute in different regions. Countries with promising prospect mainly concentrate in the West Indies. To promote Sino-LA agricultural trade, trade categories should be expanded and trade potential should be improved. Plans could be made for cooperation according to local conditions. LA should improve the quality control of exported agricultural products. China and LA should promote regional integration and strengthen technology cooperation in agricultural industry.
Original languageEnglish
Pages (from-to)210-236
Number of pages27
JournalContemporary Economics
Volume17
Issue number2
DOIs
StatePublished - 30 Jun 2023

Bibliographical note

Publisher Copyright:
© 2023, University of Economics and Human Sciences in Warsaw. All rights reserved.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 2 - Zero Hunger
    SDG 2 Zero Hunger
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production
  4. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • Latin America
  • China
  • Agricultural trade
  • Competitiveness
  • Trade potential
  • Trade prospects
  • Boston Matrix

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