MercoPress, en Español

Montevideo, September 25th 2018 - 05:26 UTC

Mercosur provides 3% of EU imports, which represent 20% of the block’s exports

Friday, April 8th 2011 - 03:14 UTC
Full article 17 comments

“Argentina is not a great trade partner for the European Union in absolute terms, but the EU is a crucial partner for Argentina”, pointed out the head of the EU delegation in Buenos Aires Alfonso Diez Torres. Read full article

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  • NicoDin

    “Argentina is not a great trade partner for the European Union in absolute terms, but the EU is a crucial partner for Argentina”

    Well its not what the statistics reflect.

    Imports partners:
    Brazil 31.12%, US 13.69%, China 10.26%, Germany 4.69%

    Exports partners:
    Brazil 18.78%, China 9.26%, Chile 7.11%, US 6.38%

    I will put in another way, Argentina is not a great trade partner for the EU but we are so bad and desperate that we (EU) need new markets to survive because the BRICs are taking over.

    Please Argies buy something remember your roots, please, please...

    Well viewing the figures seems Chile is more crucial than EU as a whole only Germany counts. Haha

    Apr 08th, 2011 - 06:42 am - Link - Report abuse 0
  • yul

    Sentence below the article picture says everything !

    What Argentina exports :
    Productos Primarios /MOA/MOI/Combustibles Energia
    What Argentina imports :
    Bienes de Capital/Bienes de Intermedios/Combustibles y Lubricantes/
    Piezas y Accecorios para Bienes de Capital/ Bienes de Consumo.

    Argentina exports a good = ~1,37 / $-bu
    We export a good = ~200 -- 300 / $- kg

    Apr 08th, 2011 - 10:26 am - Link - Report abuse 0
  • Pirat-Hunter

    Pakistan population = 169,708,303
    India population = 1,155,347,678
    China population = 1,331,460,000
    Russia population = 141,850,000
    EU = 1 pirat too many

    Argentina doesn't help or refuge pirats or does EU forget Malavinas Argentina ? europids are going have to bomb every populatin center on earth to drain our costumer pool,

    EU no thanks.
    NEVER FORGET.

    Apr 08th, 2011 - 12:15 pm - Link - Report abuse 0
  • WestisBest

    Read the headline boys:

    “Mercosur provides 3% of EU imports, but represents 20% of the block’s exports”

    You need the EU more than the EU needs you, they could buy what they want elsewhere but could you find another buyer like the EU? I think not. You're stuck with them so best be polite.
    :-)

    Apr 08th, 2011 - 01:14 pm - Link - Report abuse 0
  • Think

    And yet another “Little Mistake” from MercoPress.

    Title says:
    “Mercosur provides 3% of EU imports, but represents 20% of the block’s exports”

    Article says:
    “EU absorbs 20% of Mercosur exports and EU sales represent 13% of the South American block imports.”

    Any turnip in Montevideo that can spot the ”little difference”?

    Apr 08th, 2011 - 01:28 pm - Link - Report abuse 0
  • Fido Dido

    “You need the EU more than the EU needs you”

    Not really West, The EU needs mercosur/mercosul partners more to offset it's products in growing markets what is decline in the largest market of the world, USA.

    Apr 08th, 2011 - 05:15 pm - Link - Report abuse 0
  • Pirat-Hunter

    Argentina doesn't need the EU and even if we did needed it why will we trade with the enemy who is thefting our land and oil in Malvinas Argentina, are we going to pay for the oil thefted from our land ?? I don't think soo and if we do I think we Argentines should go and take things from british companyes without paying and jam the Argentine jail with people practicing civil desovedience, the end. how do we fix the brits, simple..
    http://www.msnbc.msn.com/id/6190477/ns/world_news-mideast/n_africa/

    Apr 08th, 2011 - 06:10 pm - Link - Report abuse 0
  • yul

    Fido/

    Your opinion is not true..you can't prove by data anyway !
    Mercosur is not alternative to Nafta as volume , Asia markets could be ..

    Apr 08th, 2011 - 06:12 pm - Link - Report abuse 0
  • Pirat-Hunter

    I think anything going to EU should be poisoned with a seringe they will never know what hit them, EU no thanks, about EU stops thefting oil first, why would Mercosur trade with war monger, pirats, rappist and murderers ??? don't we like Muslims ??? what did the Muslims do to us ??

    Apr 08th, 2011 - 07:12 pm - Link - Report abuse 0
  • yul

    #9/

    Muslims' worship style..squating down praying , cutting sheeps sacrifices , daily 5 times arabic hollers from mosques.....disgusting !

    Apr 08th, 2011 - 07:40 pm - Link - Report abuse 0
  • artillero601

    Grande think !!!!!!!! Continue the good work !

    Apr 08th, 2011 - 07:53 pm - Link - Report abuse 0
  • GeoffWard

    Argentina can sell more beef 'on the hoof' to the arabs; it doesn't need to sell to the EU (Germany).

    Germany can still provide Argentina with the high quality goods that it will need to get into the developed world.

    This would just appear as a trade imbalance between Argentina and the EU - not important in itself because Argentina has sold its goods (cattle) and has imported its high quality goods.
    The value imbalance will remain where it was (1.37 : 200/300, see Yul @ #2 for units).
    . . . . EU home-grown beef is 'protected' and all is well with the world.

    The only trouble is that Argentina and Mercosur will have cut themselves off from the biggest trading bloc in the world.
    Exports are *everything* and if Mercosur/CAN are to be part of the globalised economy they need to do much, much more than just exporting their future - selling food (the product of the land) and ore (the land itself).

    Apr 08th, 2011 - 07:57 pm - Link - Report abuse 0
  • artillero601

    Since I don't know crap about the subject, I better shut up and keep reading. I may learn something. Keep up the good work guys !! (and for the record , I'm not mocking anybody .....lol!)

    Apr 08th, 2011 - 08:04 pm - Link - Report abuse 0
  • Fido Dido

    Your opinion is not true..you can't prove by data anyway !
    Mercosur is not alternative to Nafta as volume , Asia markets could be ..

    Clown yul, what data do you need if you see that the US is devalue it's dollar (what makes their products cheaper vs European products).
    Asia and the South American markets are out performing the north and there the EU needs to be.

    Apr 08th, 2011 - 08:11 pm - Link - Report abuse 0
  • yul

    Geoff/

    Do you want to be a developed country? then !
    You must produce higher value added goods..

    If you are raw material producer then you 'll depend on few
    global speculators , mercy on nature-climate , part time working....

    Fido/

    Money Value Unbalancing and their market fluctuations primarly
    have effects on Companies' costing but could be tolerable according to their productivity and some other abilities.

    Money Value Unbalancing & Fluctuations not have directly(!) effects on
    Country Econ Systems but can have some effects on their liquidities.....
    Moreover, that the calculation of real value of a Money is unknown yet.

    Don't forget that there are no full competitive markets in reality. !

    Apr 08th, 2011 - 09:45 pm - Link - Report abuse 0
  • NicoDin

    @ GeoffWard

    I don’t know were you live but Argentina exports 70bn/year the whole agri-business in Argentina only counts for 6.5% GDP a total of 25bn to be consumed at home and for exports.

    Even if during a year we don’t eat and export all, that only counts for 25bn.

    70-25= U$s 45bn what you think is the rest?

    Yeap manufactured goods like Gear box, cars, autoparts, chemical, Textil, etc.

    If you see our stats of imports from Europe the best seller is Germany why less than 5%? Because we are buying now HQ tools machines to make more manufactured exportable goods.

    May be this year we will reach 1million car production/year. No bad? Let’s say similar figure than UK.

    We are rebuilding our industrial complex that was since 1976 up to 2002 in constant state of destruction by policies UK’s style. In the near future UK will go back to export beef and may be we will export to them cars, mobile, phones, refrigerators, etc. It’s not amazing?

    Don’t worry about the beef Uruguay and Paraguay are doing well what give them new jobs and money to them to buy manufactured product from Brazil and Argentina.

    Can you see how its works? : )

    Apr 09th, 2011 - 09:35 am - Link - Report abuse 0
  • GeoffWard

    Nico,
    good reply.
    Happy to respond to these sort of postings. . . . . . Less happy to get involved with the sillier postings you seem to get involved with.

    [PS. Elaine can be a good contributor but she will get tired of continued invective and stupidity on Mercopress, so give her more of the above for her to 'get her teeth into' and she may become a valued more-permanent member of our little community of nations.]

    Apr 09th, 2011 - 12:31 pm - Link - Report abuse 0

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