Guangdong Province, the economic powerhouse in southern China, imported more resource products from Brazil, a world’s leading grain and mineral products exporter, to feed its fast growing economy, according to ChinaDaily.com
Guangdong’s imports from Brazil rose 11.8% year on year to USD$1.77 billion in 2010.
The total included $800 million worth of farm produce, up 20.2% year on year, $320 million dollars worth of iron sand and concentrate, up 24.1%, $220 million worth of cattle hide and horse hide, up 17.8%.
The three categories of resource products accounted for 75.5% of Guangdong’s total imports from Brazil.
Meanwhile, the province bought $27.81 million worth of sugar from Brazil in 2010, as against only $35,000 dollars in 2009. Its cotton imports from the South American country soared 880% year on year to $10.54 million. – Source China Daily
