Brazil accounts for 62 pct of trade between China and the Portuguese-speaking countries in 1st quarter

30 April 2014

Brazil was responsible for 62 percent of trade between China and the Portuguese-speaking countries in the first quarter of the year with a total of US$18.179 billion, according to official figures published Tuesday in Macau.

In the first three months of the year Brazil, China’s largest trading partner in the world, sold products to China worth US$10.15 billion and acquired goods from China worth US$8.029 billion, generating a surplus of US$2.121 billion.

In the period trade between China and the Portuguese-speaking countries as a whole rose by 10.8 percent to US$29.116 billion. China sold products to Portuguese-speaking market totalling US$9.867 billion (8.32 percent more) and bought goods worth US$19.249 billion (12.12 percent more).

Angola is the second biggest trading partner for China amongst Portuguese-speaking nations with trade of US$9.526 billion, with Angola mainly selling oil to the value of US$8.616 billion and buying goods form China worth US$909 million.

Portugal, as is usually the case, came in third place, with two-way trade of US$948 million, purchasing Chinese goods worth US$337 million and exporting goods to China to a total of US$610 million.

Mozambique was in fourth place with trade of US$429 million, of which US$136 million were Mozambican exports and US$292 million were imports from China. (macauhub/BR/CN/AO/PT/MZ)

MACAUHUB FRENCH