Trade between China and Portuguese-speaking countries rises 35 pct in 2007

20 February 2008

Macau, China, 20 Feb – Trade between China and Portuguese-speaking countries rose 35 percent year on year to US$46.35 billion in 2007, Portuguese news agency Lusa reported in Macau citing an official source.

China’s main Portuguese-speaking partner was Brazil, which in 2007 saw trade rise by 46.4 percent to a total of US$29.7 billion, followed by Angola, with a rise of 19.4 percent to US$14.11 billion.

Portugal is China’s third largest Portuguese-speaking trading partner with total bilateral trade of US$2.12 billion and year on year growth of 29 percent.

Mozambique saw its trade with China rise by 36.8 percent in the period to US$280 million.

Between 2003 and 2006 trade between China and the nations with Portuguese as an official language rose over three-fold to a total of US$34 billion.

The figures indicate that trade between China and the Portuguese-speaking countries is expected to exceed the US$50 billion mark in 2008, which had been the target for 2009. (macauhub)

MACAUHUB FRENCH