Trade between Mozambique and China rises 46 pct to US$1.1 billion in first 10 months of 2012

11 December 2012

Trade between China and Mozambique rose 46 percent year on year between January and October to US$1.1 billion, a senior China Trade Ministry official said in Beijing.

According to Mozambican news agency AIM, the assistant director-general for the African and Western Asian Affairs Department of the China Trade Ministry, Cao Jiachang, said that two-way trade had seen average growth of 30 percent per year over the last few years.

From January to October, said Cao Jiachang, Mozambique was China’s 23rd biggest trading partner, just as it was last year.

Given that Mozambique’s position had remained unchanged since 2011, Cao Jiachang noted that, “we have to make more effort to improve our bilateral trade.” (macauhub)