Trade between China and Portuguese-speaking countries falls 23.64 pct

Trade between China and Portuguese-speaking countries in January and February reached USD15.02 billion, which represents a year on year drop of 23.64 percent, according to official figures published in Macau.
Figures from China’s Customs Service published by the Permanent Secretariat of Forum Macau showed that in the first two months of the year China sold to the eight Portuguese-speaking countries goods worth US$7.94 billion (+16.5 percent year-on-
year) and imported goods in the amount of US$7.08 billion (-44.90 percent).
In Brazil, China’s biggest world trading partner, two-way trade totalled US$9.79 billion (-18.46 percent), with China selling goods to Brazil worth US$5.81 billion (+4.24 percent) and purchasing goods worth US$3.97 billion dollars (-38.18 percent).
Angola is China’s second-biggest trading partner amongst the eight Portuguese-speaking countries with a two-way trade with China to the amount of US$3.97 billion (-41.05 percent) as a result of China’s exports of US$1.2 billion (+96.50 percent) and imports of US$2.77 billion (-38.18 percent).
With Portugal, third on the list by trade value, trade totalled US$789 million (+25.67 percent), with Chinese sales of US$546 million (+27.72 percent) and Portuguese sales of US$242 million (+21.29 percent).
Trade between China and Mozambique in the first two months of the year reached US$442 million (+60.59 percent) as a result of Chinese exports of US$344 million (+92.39 percent) and Mozambican exports amounting to US$98 million (+1.64 percent).
Trade between China and the other Portuguese-speaking countries – Cape Verde, Guinea-Bissau, East Timor and São Tomé and Príncipe – in the period amounted to US$28.8 million. MDT/Macauhub