Trade between China and Portuguese-speaking countries rises 28.37 pct between January and August

14 October 2011

Macau, China, 14 Oct – Trade between China and the eight Portuguese-speaking countries from January to August, 2011 totalled US$75.196 billion, a year-on-year rise of 28.37 percent, according to official figures from China published in Macau.

In the period, China exported goods to the eight Portuguese-speaking countries worth US$25.348 billion and imported goods totalling US$49.849 billion, leading to a trade deficit for China of US$24.501 billion.

Brazil, China’s main trading partner amongst the Portuguese-speaking countries, sold goods to China in the period totalling US$32.854 billion and imported products totalling US$21.177 billion.

With Angola, China’s second-biggest trading partner amongst the eight countries, and with which it has a regular trade deficit, two-way trade totalled US$17.857 billion, with Angola exporting goods worth US$16.168 billion and importing goods worth US$1.688 billion.

Portugal, in its turn, was ranked third amongst the eight Portuguese-speaking countries by selling goods to China worth US$691 million and purchasing goods worth US$1.935 billion.

Mozambique was China’s fourth-biggest trading partner amongst the countries with bilateral trade of US$593 million. The African country sold goods to China worth US$131 million and acquired goods worth a total of US$593 million in the first eight months of 2011. (macauhub)