Xinhua NET, Buenos Aires, 24 Aug: Argentina National Institute of statistics published 24 July reported that during the first 7 months of Argentina and China bilateral trade to $ 76.25 million, and increased 44.08 compared to the same period last year. Two of the country of import and export amount approximately equal, displays the increasingly balanced trade patterns.
According to the report, January-July Argentina on Chinese exports of $ 38.27, and compared to the same period last year increased by 39.37%, imports from China to 37.98 billion, an increase of 49.17 per cent. The first 7 months of China and Argentina bilateral trade and export turnover equaled, Argentina's China trade enables 2900 million surplus.
The report analyses that warmer as the world economy and a strong economic recovery, since the beginning of this year, Argentina and China bilateral trade has continued to increase. Statistics show that in July of this year the volume of bilateral trade to $ 13.03 million, an increase of soared 77.04%, with Argentina on Chinese exports and imports from China increased by 77.9% respectively year-over-year and 76.3 per cent.
Argentina Government in recent years on Chinese imports had taken a number of restrictions, 2009 Argentina and China bilateral trade to $ 88.29 million, compared with the 2008 fall 35.8 per cent.
According to the Argentina National Institute of statistics published report, the first 7 months of Argentina exports and imports respectively 382.98 billion and 299.24 billion, an increase of 18.6 and 42.8%, year-over-year reduction of trade surplus 26.16 per cent.
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