Trade between China and Portuguese-speaking countries falls between January and May

14 July 2015

Trade between China and Portuguese-speaking countries recorded an annual decline of 28.18 percent in the period from January to May to US$38.31 billion, according to Chinese customs data recently published in Macau .

In the first five months of the year, China sold goods to the eight Portuguese-speaking countries worth US$16.513 billion (-2.84 percent) and bought goods amounting to US$21.797 billion (-40.03 percent) , registering a trade deficit of US$5.284 billion.

Trade with Brazil fell 21.90 percent to US$26.691 billion, with China selling goods worth US$12.581 billion (-6.72 percent) and purchasing Brazilian products in the amount of US$14,109 billion (- 31.79 percent).

With Angola, two-way trade registered an annual contraction of 46.70 percent to US$8.789 billion, with China selling goods worth US$1.908 billion (+ 11.58 percent) and purchasing goods totalling US$6.881 billion (-53.45 percent).

Portugal came in third place with trade worth US$1.751 billion (-7.64 percent), with China exporting from January to May products worth US$1.143 billion (-7.25 percent) and importing goods worth US$607 million (-8.36 percent).

In the first five months of the year Mozambique posted trade with China of US$1.008 billion (+ 40.66 percent), with China exporting goods worth US$820 million (+58.44 percent) and importing products worth US$188 million (-5.44 percent).

The other Portuguese-speaking countries – Cabo Verde (Cape Verde), Guinea-Bissau, Timor-Leste (East Timor) and São Tomé and Príncipe – from January to May recorded trade with China worth US$70 million. (macauhub/AO/BR/CV/GW/MZ/PT/TL/ST)

MACAUHUB FRENCH