Trade between China and Portuguese-speaking countries almost doubles in first four months of 2010

2 June 2010

Macau, China, 2 June – Trade between China and Portuguese-speaking countries rose 91 percent year on year in the first four months of 2010 to US$25.09 billion, according to figures published Tuesday by the Chinese customs service.

In the period, China imported goods from the eight Portuguese-speaking countries totalling US$17.459 billion (a year on year rise of 108 percent) and exported goods worth US$7.63 billion (60 percent more).

Brazil, with trade with China totalling US$15 billion – of which US$8.875 billion was the result of sales to China and US$6.175 from purchases from China – remained China’s main Portuguese-speaking partner.

Angola was China’s second-largest Portuguese-speaking trading partner with trade of US$8.940 billion, or 170 percent more than in the same period of 2009, which corresponded to Angolan exports of US$8.337 billion and Chinese exports of US$602 million.

Portugal was placed third, with trade of just US$890 million with China, of which US$687 million were imports from China and US$202 were exports to China, or 24.3 percent and 80.6 percent, respectively, against the first four months of 2009.

In April, trade between China and the Portuguese-speaking countries totalled US$7.807 billion, which was a rise of 19 percent against the same month of 2009, with China’s imports totalling US$5.619 billion and exports totalling US$2.188 billion. (macauhub)