2014 Trade between China and Lusophone countries reaches USD132.58b

Trade between China and the Portuguese-speaking countries in 2014 reached USD132.58 billion, an increase of 0.85 pct over the figure recorded in 2013, according to figures from China’s Customs Bureau published in Macau.
This amount resulted from imports from China totaling USD86.43 billion (-1.19 pct) and Chinese exports to the eight Portuguese-speaking countries worth USD46.14 billion (+4.91 pct).
Most of the trade between China and Portuguese-speaking countries took place with Brazil and Angola, which together, accounted for US$123.97 billion or 93 pct of the total.
With Brazil, China’s main trading partner globally, trade amounted to US$86.9billion (-3.29 pct) with Brazilian sales of US$51.97 billion (-3.15 pct) and Chinese sales to the amount of US$34.92 billion (-3.49 pct).
Angola is second with bilateral trade of US$37.07 billion (+3.23 pct), which resulted from Angolan sales of US$31.09 billion (-2.67 pct) and Chinese sales of US$5.97 billion (+50.73 pct).
In third place in order of importance was Portugal with trade worth US$4.8 billion (+22.88 pct), in which US$3.13 billion (+25.15 pct) was in Chinese exports and US$1.66 billion in Portuguese exports (+18.81 pct).
Mozambique came in fourth place with two-way trade totaling US$3.62 billion (+119.79 pct), in which US$1.96 billion (+64.55 pct) were in Chinese exports and US$1.65 billion (+266.37 pct) in Mozambican sales.
The other Portuguese-speaking countries – Cape Verde, Guinea-Bissau, Sao Tome and Principe and East Timor – registered trade with China worth a total of US$184 million dollars.