Macau | Trade between China and Portuguese-speaking countries up 21.5 pct y-on-y in Jan-July

Trade between China and Portuguese-speaking countries have reached nearly US$82.2 billion during the first seven months of the year

Macau (MNA) – Trade between China and Portuguese-speaking countries have reached nearly US$82.2 billion (MOP664.1 billion) for the period January to July 2018, according to the latest statistics from China Customs.

This amount represents a 21.5 per cent year-on-year increase.

Portuguese-speaking countries sold merchandise worth US$57.53 billion to China during the period under review, marking a rise of 20.38 per cent year-on-year.

China’s merchandise exports to Portuguese – speaking countries reached a total amount of US$24.6 billion, or a 24.19 per cent increase year-on-year.

The total volume of merchandise was valued at US$12.45 billion, down 1.66 per cent month-on-month in July.

The value of China’s merchandise imports increased 1.98 per cent month-on-month to US$8.8 billion.

China sold goods to those countries worth up to US$3.6 billion in July, marking a decline of 9.53 per cent month-on-month.

China currently trades with Angola, Brazil, Cabo Verde, Guinea Bissau, Portugal, Sao Tome e Principe, and Timor Leste.

Brazil accounted for a larger volume of trade in July, as well as for the first seven months compared to other trading partners, as detailed below.

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