Category Archives: Cape Verde


Trade between China and Portuguese-speaking countries

Trade between China and Portuguese-speaking countries amounted to US$102.580 billion from January to September, an annual increase of 4.06 percent, according to official Chinese figures published in Macau.

In the first nine months of the year China sold goods to the eight Portuguese-speaking countries worth US$33.24 billion (+3.98 percent) and bought goods amounting to US$69.346 billion (+ 4.10 percent), taking on a trade deficit of US$36.106 billion.

In Brazil, which is China’s biggest global trading partner, trade totalled US$68.237 billion (+1.38 percent), with China selling goods worth US$25.698 billion (-2 58 percent) and buying goods in the amount of US$42.539 billion (+3.94 percent).

In second place was Angola with two-way trade of US$28.262 billion (+4.31 percent), which was the sum of Chinese sales of US$3.883 billion (+39.45 percent) and purchases of US$24.378 billion (+0.28 percent).

After Angola was Portugal, with trade with China worth US$3.613 billion (+ 24.93 percent), as a result of sales by China amounting to US$2.332 billion (+27.07 percent) and purchases of US$1.28 billion (+ 21.21 percent).

In fourth place was Mozambique total trade of US$2.329 billion (+ 95.27 percent), with China selling goods worth US$1.231 billion (+ 39.03 percent) and buying goods worth US$1.098 billion (+ 257.28 percent).

With the remaining Portuguese-speaking countries, Cabo Verde (Cape Verde), Guinea-Bissau, Sao Tome and Principe and Timor Leste (East Timor), trade with China in the first nine months of the year totalled US$145 million.

Source:  ANIP, MACAUHUB

 

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