Trade between China and Portuguese-speaking countries totals US$131.46 billion in 2013

19 February 2014

Trade between China and the Portuguese-speaking countries totalled US$131.46 billion in 2013, which was an annual increase of 2.31 percent, according to official figures published Tuesday in Macau.

Over the 12-month period China sold goods to the eight Portuguese-speaking countries worth US$43.98 billion (6.124 percent more) and bought goods worth US$87.48 billion, generating a trade deficit of US$43.5 billion.

With Brazil, China’s main world trading partner, two-way trade totalled US$89.85 billion (5.11 percent more year on year), with Brazil selling goods worth US$53.66 billion (3.09 percent more)and buying goods worth US$36.18 billion (8.27 percent less).

Angola remained China’s second-largest trading partner out of the eight Portuguese-speaking countries, with trade totalling US$35.91 billion (4.24 percent less), with China importing goods from Angola worth US$31.94 billion (4.51 percent less) and exporting goods to Angola worth US$3.96 billion (1.96 percent less).

Portugal was the third-biggest trading partner on the list with a total of US$3.09 billion (2.78 percent less), exports to China of US$1.4 billion (7.68 percent less) and imports from China of US$2.5 billion (0.19 percent more).

Trade between China and Mozambique last year totalled US$1.64 billion (22.6 percent more), with China selling goods with US$1.19 billion (27.12 percent more) and buying goods from Mozambique in the total of US$451 million (12.02 percent more). (macauhub)