Economic and trade cooperation between China and the Portuguese speaking countries has a bright prospect. Lusophone countries are distributed in four continents and belong to the European Union, the Common Market of the South, Southern African Development Community and Economic Community of West African States respectively. They are not only having ample natural resources, but also have a consumer market with more than 220 million people.
According to official figures from the General Administration of Customs of China, trade between China and the Portuguese-speaking countries reached 125,535 million U.S. dollars from January to July 2022. There was an year-on-year increase of 13.08%. In which, imports of goods from Portuguese-speaking countries to china amounted to 82,346 million U.S. dollars. Exports to Portuguese-speaking countries also reached about 43,189 million dollars.
