Biggest Import Source of Argentina Home Appliance

2011-07-27 10:52:26.0 By: GlobalMarket Team

Tag:
Import from China ,
Home Stereo System ,
Beer Cooler

According to the report released by an Argentina economy research institute on June 9th, this  season Argentina has imported 43.1% of its total home appliance Import  from China, which indicates that China has become the number one import source of Argentina’s home  appliances.

Home Stereo Speakers,Home Theaters
Home Stereo Speakers, Home Theaters
Model:  DHT-3017
Avlink Enterprises Ltd.

In the first quarter of 2011, the home appliance imports of Argentina has reached 162 million USD, with the total imports up by 24.9% and volume up by 8.5% year-on-year. Among the imported products, Home Stereo System, small home appliances, washing machines and refrigerators have occupied the greatest proportion.

Among all the import sources, home appliances that are made in China takes up the largest share, which is followed by Brazil, Mexico and Malaysia at 28.4%, 8.8% and 5.3% respectively.

Good Cooling Function Beer CoolerBesides, the report also indicates that Argentina’s domestic consumption is recovering, which stimulates demand for home appliance import. With higher performance price ratio,  China’s home appliances are receiving popularity among Argentine people.

Good Cooling Function Beer Cooler
Model:  WBC-CO
Foshan Shunde Excell Electrical Co., Ltd.

Eduardo Alvarez, an economist of the research institute said, Argentina government had achieved success in stimulating domestic consumption which is revealed by the import growth of home appliances, but as the trade deficit enlarged, it is possible that measures would be taken to limit the import.

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