Trade between China and the Portuguese-speaking Countries hit US$122.58 billion in the 11 months to November 30, 2014, up by 2.82 percent from a year earlier, according to data from the Chinese General Administration of Customs.
China sold goods and services to Portuguese-speaking Countries worth US$41.58 billion in the first 11 months of 2014, an increase of 5.04 percent year-on-year. The value of China’s imports from those countries reached US$80.99 billion in the same period, up 1.72 percent year-on-year, according to Chinese official data.
November trade, however, declined by 8.59 percent from a year earlier to US$9.26 billion. Total trade value in November was down 13.7 percent from October.
The value of China’s imports from Portuguese-speaking Countries fell by 25.65 percent month-on-month to US$4.97 billion in November; exports to those countries reached US$4.29 billion, up by 6.04 percent from October.
As of November 30, Brazil continued to be the top trade partner of China among the Portuguese-speaking Countries. Total trade between China and Brazil hit US$80.77 billion in the first 11 months of 2014, albeit down by 1.25 percent year-on-year.
In second place was Angola with bilateral trade of US$33.99 billion, an increase of 5.54 percent. Portugal was the third-ranked trading partner in the period, with the value of goods and services traded growing by 22.01 percent to US$4.36 billion.
Trade between China and Mozambique increased by 116.83 percent in the first 11 months of 2014, reaching US$3.29 billion.
The other Portuguese-speaking countries – Cape Verde, Guinea-Bissau, East Timor and São Tomé and Principe – traded goods and services to a total value of US$171.8 million with China.