Core Insights - China has become the second-largest trading partner for Latin America and the Caribbean, with a strong focus on agricultural products such as Ecuadorian shrimp, Chilean cherries, and Brazilian beef [1][8] - The recent China-Latin America and Caribbean Countries Forum held in Beijing resulted in over 100 cooperation projects for the next three years, indicating a deepening economic relationship [1][3] Trade Dynamics - The trade volume between China and Latin America reached $518.467 billion in 2024, with imports from Latin America amounting to $241.466 billion, reflecting a 46% increase over five years [8] - Chilean cherries have become a significant import, with exports to China exceeding $3.091 billion in 2024, over 90% of which are directed to the Chinese market [4][5] Emerging Opportunities - The cooperation between China and Latin America is shifting towards emerging sectors such as renewable energy and artificial intelligence, driven by China's advancements in these areas and Latin America's interest in participating in the Fourth Industrial Revolution [3] - The establishment of the "Belt and Road" initiative has further strengthened infrastructure cooperation, with significant projects like the Bogotá Metro and the construction of the Chancay Port in Peru enhancing trade logistics [9][10][11] Agricultural Products - Latin American agricultural products are increasingly popular in China, with Chile being the second-largest source of fresh fruit imports, particularly cherries, which benefit from seasonal advantages [4][5] - Peru's unique products, such as the Amaryllis flower, have gained traction in the Chinese market, supported by favorable trade agreements that reduce tariffs on imports [5] Future Prospects - The expansion of visa-free travel for citizens of Brazil, Argentina, Chile, Peru, and Uruguay starting in 2025 is expected to facilitate greater people-to-people exchanges and enhance bilateral cooperation [13] - The ongoing trade relationship is projected to continue growing, with trade volumes expected to surpass $510 billion in 2024, doubling since the establishment of the China-Latin America Forum [13]
从车厘子到光伏电站,中拉经贸让“地球两端”不再遥远
Di Yi Cai Jing·2025-05-15 14:11