Trade between China and Portuguese-speaking countries fell by 25.73 percent last year

The value of trade between China and the Portuguese-speaking countries fell by 25.73 percent in 2015 to USD98.474 billion, a real loss of $34.106 billion, according to official Chinese figures.

The only positive changes in the value of trade occurred in Timor Leste (East Timor – $106.67 million or +76.48 percent) and Sao Tome and Principe ($7.9 million or +37.99 percent).
Trade with Brazil, China’s main trading partner globally, fell by 17.37 percent to $71.808 billion, with China selling goods to Brazil worth $27.482 billion (-21.47 percent ) and purchasing goods in the amount of $44.38 billion (-14.61 percent).
Angola, as usual came in second place with two-way trade of $19.705 billion (-46.84 percent), which resulted from Chinese sales in the amount of $3.722 billion (-37.71 percent) and imports reached $15.983 billion (-48.60 percent).
China’s trade with Portugal declined by 8.99 percent to $4.370 billion, an amount that brings together Chinese exports to Portugal of $2.898 billion (-7.61 percent) and imports of Portuguese products in the amount of $1.471 billion (-11.59 percent).
Trade with Mozambique fell 33.95 percent to $2.393 billion, while China sold products to Mozambique worth $1.941 billion (-1.47 percent) and purchased goods amounting to $451 million (-72.66 percent).
With other Portuguese-
speaking countries – Cabo Verde (Cape Verde), Guinea-Bissau, Timor Leste (East Timor) and Sao Tome and Principe – trade with China amounted to $196 million.
In December 2015, trade between China and the Portuguese-speaking countries totalled $7.573 billion (+12.66 percent), as a result of Chinese exports worth $2.770 billion (+22.12 percent) and imports amounting to $4.802 billion (+7.85 percent). MDT/Macauhub