Trade in merchandise between China and Portuguese-speaking Countries reached US$141.861 billion in the period from January to August 2023. It represented a 3.35 percent decrease year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$93.010 billion to China in the first eighth months of 2023 – a decrease of 2.80 percent year-on-year. The value of China’s merchandise exports to those countries reached US$48.851billion in the same period, down 4.40 percent year-on-year.
The total value of merchandise traded in August between the parties topped US$22.048 billion, an increase of 3.79 percent from the prior-year period. The value of China’s merchandise imports from Portuguese-speaking Countries reached US$15.262 billion, up 14.50 percent year-to-year, according to Chinese official data. China sold goods to those countries worth US$6.786 billion in March, a decrease of 14.25 percent compared with the previous year.