Macau | Trade between China and Portuguese-speaking countries up 25.9 pct in Jan-Mar

From January to March 2018, the external merchandise trade between China and Portuguese-speaking countries amounted to US$30.188 billion, representing a 25.91 percent increase y-on-y

Macau (MNA) – The data from the Chinese Customs reads that in January to March 2018, the external merchandise trade between China and Portuguese-speaking countries amounted to US$30.18 billion, representing a 25.91 percent increase year-on-year.

According to Permanent Secretariat of Forum for Economic and Trade Co-operation Between China and Portuguese-speaking Countries, the value of export from Portuguese-speaking Countries to China has reached US$21.015 billion in the first three months this year, increasing by 24.36 percent compared to same period last year; while import from Portuguese-speaking countries to China grew by 7.76 percent month-to-month and amounted to US$7.157billion.

The value of China’s merchandise exports to those countries reached US$9.173 billion, representing a 29.62 percent increase.

However, the total value of merchandise traded in March between both parties topped US$9.788 billion, down by 1.71 percent from February, with the value of export from China to Portuguese-speaking Countries in March dropped by 20.67 percent, reaching US$2.630 billion.

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