Trade between China and Portuguese-speaking countries falls 2.98 pct between January and July

12 September 2013

Trade between China and the Portuguese-speaking countries totalled US$73.649 billion between January and July, which was a year-on-year drop of 2.98 percent, according to official figures from the China Customs Service published in Macau.

In the first seven months of the year China sold goods to the eight Portuguese-speaking countries worth US$24.221 billion (6.32 percent more) and bought goods worth US$49.228 billion, generating a trade deficit of US$25.207 billion.

With Brazil, two-way trade in the period totalled US$49.715 billion (0.06 percent less year on year), with China selling goods worth US$19.942 billion (7.0 percent more)and acquiring goods worth US$29.773 billion (4.28 percent less).

Angola, which is traditionally China’s second-biggest trading partner amongst the Portuguese-speaking nations, sold goods, mainly oil, to the value of US$18.663 billion (10.55 percent less) and imported goods from China worth US$2.165 million (3.18 percent more), and two-way trade totalled US$20.828 billion (9.29 percent less).

Two-way trade with Portugal totalled US$2.189 billion (7.39 percent less), with China selling goods worth US$1.413 billion (2.48 percent less) and buying goods from Portugal in the amount of US$776 million (16.11 percent less).

Trade between Mozambique and China in the period totalled US$852 million (13.45 percent more), with China selling goods worth US$645 million (23.24 percent more) and buying goods worth US$206 million (9.15 percent less). (macauhub)