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Trade between China and lusophone countries rises

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Trade between China and Portuguese-speaking countries totaled USD53.345 million between January and May of this year, rising 9.28 percent against the same period of 2013, according to official figures from China.
The figures published by Forum Macau show that, in the first five months of 2014, China sold goods to the eight Portuguese-speaking countries worth USD16.995 billion (+4.56 percent) and bought goods worth USD36.349 billion (+11.63 percent), leading to a trade deficit with the Portuguese-speaking countries of USD19.354 billion.
Trade with Brazil totaled USD34.173 billion (+8.58 percent) in the period, of which USD13.487 billion (+1.56 percent) were Chinese exports and USD20.686 billion were Brazilian exports to China.
The second-biggest trading partner for China among the lusuphone countries was Angola. With total trade amounting to USD16.491 billion (+8.46 percent), there were Chinese sales to Angola totaling USD1.71 billion (+10.39 percent), and Angolan exports to China – mainly oil – were worth USD14.781 billion (+8.24 percent).
Portugal came in a distant third place with a two-way trade of USD1.896 billion (+25.71 percent). In the period, China sold goods to Portugal worth USD1.232 billion, while Portugal sold goods to China worth USD663 million (+20.42 percent).

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