Trade between China and the Portuguese-speaking countries falls 5.64 pct in first quarter

6 May 2013

Trade between China and the Portuguese-speaking countries fell 5.64 percent in the first quarter against the same period of 2012, totalling US$26.27 billion, according to official figures published Friday in Macau.

In the period, China exported goods from the eight Portuguese-speaking countries worth US$9.10 billion (a year on year rise of 5.54 percent) and imported goods worth US$17.16 billion (10.66 percent less), taking on a deficit of US$8.06 billion.

With Brazil, China’s main trading partner amongst the Portuguese-speaking nations, bilateral trade totalled US$16.2 billion, a drop of 9.88 percent, with Chinese sales to Brazil worth US$7.47 billion and purchases of US$8.73 billion (-18.89 percent).

With Angola, two-way trade rose 2.7 percent to US$8.85 billion, with Chinese exports rising 26.51 percent to US$858.4 million and imports from China increasing 0.21 percent to US$7.99 billion.

Portugal was the third –biggest trading partner with two-way trade of US$851.7 million (6.26 percent less). China sold goods to Portugal worth US$529.1 million (0.95 percent less) and acquired goods from Portugal in the amount of US$322.5 million (13.84 percent less). (macauhub)