Indirect trade (steel containing goods) from China to Latin America was valued at 45.602M in 2012, representing 7% of Chinese exports to the world.
Moreover, in Latin America this figure was 11% higher than it was in 2011 ($41.022M).
During 2012, the main imports from China were cars and commercial vehicles ($6.880M), office machines ($6.69M) and machines and equipment ($5.416M). The sum of these three categories represents 42% of indirect steel trade from China to the region. Steel containing goods which increased most between 2012 and 2011 were railways (+364%), cans and metal packing boxes (+139%) and boilers and steam generators (+131%).
The countries which received most imports of steel containing goods from China in 2012 were Brazil ($11.293M), México ($9.007M) and Venezuela ($4.607M). These countries represented 55% of the indirect trade flow from China to the region. In 2012 the Latin American countries that most increased their imports of steel containing goods from China, were Venezuela (+48%), Mexico (+19%) and Chile (+17%).
Detailed information on manufactures steel products, steel products and indirect trade between China and Latin America is available and updated Alacero members in the publication ‘Monitoreo China’ on the Extranet section of www.alacero.org