Trade between China and Portuguese-speaking countries rises 35.32 pct in first quarter to US$23.380 billion

29 April 2011

Macau, China, 29 April – Trade between China and the eight Portuguese-speaking countries in the first quarter of the year totalled US$23.380 billion, which was a year on year rise of 35.32 percent, according to figures from China’s Customs Bureau published in Macau.

Overall, China sold goods worth US$7.436 billion and purchased goods worth US$15.994 billion, posting a deficit of US$5.947 billion overall.

With Brazil, China’s main trading partner amongst the Portuguese-speaking nations, bilateral trade rose by 57.7 percent to US$16.113 billion, or 69 percent of the total, with China acquiring Brazilian goods worth US$10.047 billion and exporting goods to Brazil worth US$6.066 billion.

Angola was the second-largest trading partner, with trade of US$6.160 billion (2.3 percent less), with Angola importing goods from China worth US$525 million and exporting goods to China worth US$5.635 billion.

Portugal was in third place and over the first three months of the year acquired goods from China totalling US$692 million and exported goods to China worth US$215 million.

In relation to Mozambique trade totalled US$175 million, which was a year on year rise of 31.4 percent, with China exporting goods worth US$130 million and buying goods worth US$45 million. (macauhub)