Trade between China and Portuguese-speaking countries almost doubles in first quarter

30 April 2010

Macau, China, 30 April – Trade between China and Portuguese-speaking countries totalled US$17.279 billion in the first quarter of 2010, a year on year rise of 93.82 percent, according to figures published by the Chinese customs administration.

In the period, China imported goods from the eight Portuguese-speaking countries totalling US$11.835 billion (a year on year rise of 120 percent) and exported goods worth US$5.443 billion (54 percent more).

Brazil, with trade with China totalling US$10.175 billion – of which US$5.8 billion was the result of sales to China (78.20 percent year on year rise) – remained China’s main Portuguese-speaking partner.

China exported goods to Brazil worth a total of US$4.375 billion, a rise of 71.20 percent against the first quarter of 2009.

Angola is China’s second-largest Portuguese-speaking trading partner with trade of US$6.309 billion, or 144.40 percent more than in the same period of 2009, which corresponded to Angolan exports of US$5.850 billion and Chinese exports of US$459 million.

Portugal’s trade with China totalled cUS$643.5 million – of which US$494.4 million were imports from China and US$149 million were exports to the Asian giant – which represented a respective rise of 19.6 percent and 76.10 percent against the first quarter of 2009. (macauhub)

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