Trade between China and Portuguese-speaking countries up 15.61% in January/February 2019

The value of trade between China and the Portuguese-speaking countries reached US$23.583 billion in January/February 2019, an increase of 15.61% year-on-year, according to official Chinese figures released by Forum Macau.

In the first two months of the year, China exported goods worth US$6.079 billion, a year-on-year fall of 7.09% for the eight Portuguese-speaking countries, and imported goods worth US$17.504 billion (+26.32%).

Trade with Brazil, China’s main global trading partner in world terms, reached US$17.354 billion (+19.75%), with China exporting goods worth US$4.836 billion (-9.16%), and importing goods worth US$12.518 billion (+36.54%).

Angola ranks second in terms of value with two-way trade of US$4.752 billion (+2.89%), with Chinese companies exporting products worth US$266 million (-31.23%), and importing goods worth US$4.486 billion (+6.02%).

Portugal is in third place, far behind the top two countries, with trade worth US$150 million (+7.74%), with China exporting products worth US$641 million (+9.41%) and importing products worth US$358 million (+4.88%).

China’s trade with Mozambique reached US$442 million (+31.68%), with Chinese companies exporting goods worth US$304 million (+38.07%) to the country and importing products worth US$137 million (+19.49%).

China’s trade with the other Portuguese-speaking countries – Cabo Verde, Guinea-Bissau, São Tomé and Príncipe and Timor-Leste – amounted to US$34.1 million. (Macauhub)