Statistics | Trade between China and Portuguese-speaking countries falls

Trade between China and Portuguese-speaking countries fell 24.20 percent year on year to USD58.687 billion from January to July 2015, according to Chinese official figures published in Macau.
In the first seven months of the year China imported goods worth USD35.893 billion (-32.01 percent) from the eight Portuguese-­speaking countries and sold them goods in the amount of US$22.794 billion (-7.44 percent), taking on a trade deficit of US$13.099 billion.
With Brazil, its main trading partner globally, China registered bilateral trade of US$42.185 billion (-18.35 percent) – about 72 percent of the total with the Portuguese-speaking countries – with imports worth US$24.663 billion (-23.61 percent) and exports reaching US$17.522 billion (-9.59 percent).
Second in importance comes Angola, with two-way trade of US$12.45 billion (-43.01 percent), with China having exported goods worth US$2.395 billion (-7.97 percent) and importing goods whose value reached US$10.054 billion (-47.75 percent).
Portugal, in turn, traded goods and services with China worth US$2.55 billion (-6.71 percent), of which US$1.657 billion (-6.68% billion) was Chinese exports and US$802 million ( -6.77 percent) was Portuguese exports.
Mozambique appears in fourth place with trade of US$1.4 billion (+30.63 percent), with exports from China worth US$1.136 billion (+41.81 percent) and imports of Mozambican products in the amount of US$264 million (-2.45 percent).
China’s trade with other Portuguese-speaking countries reached US$101 million in the first seven months of the year. During the reporting period Brazil and Angola accounted for US$54.635 billion or 93 percent of China’s trade with the eight Portuguese-speaking countries. MDT/Macauhub