China and CPLP countries business grows at 32.64%

Luanda – The trade between China and the Portuguese-speaking countries reached 14. 844 million US dollars in January/February, an amount that represents an increase of 32.64% if compared to the same period of 2016, according to official Chinese data released by the Macau Forum, Angop learnt on Wednesday.

In the first two months of 2017, China sold goods worthed at USD 4561 million (+ 12.97% year-on-year) to the eight Portuguese-speaking countries and bought goods valued at USD 10.283 million (+43.74%).

Trade with Angola totalled USD 3489 million (+ 42.40%), with Chinese sales of USD 252 million (-7.72%) and purchases of USD 3236.9 million (-48.69%).

Brazil amounted to USD 10.353 billion (+ 35.64%), with China selling goods worthed at USD 3692 million (+ 27.61%) and bought from Brazilian companies goods estimated at USD 6660 million (+ 40.54%).

Portugal ranks third in terms of trade value amounting to USD 704.9 million (-12.84%), with China exporting goods worthed at USD 425 million (-35.73%), and exported goods valued at USD 279 million (+ 90.26%).

Trade with Mozambique amounted to USD 270 million (-1.44%), with China selling products worthed at USD 164 million (-10.30%) and having bought goods amounted to USD 105 million (+ 16.51%).

China’s trade with the remaining Portuguese-speaking countries – Cape Verde, Guinea-Bissau, Sao Tome and Principe and East Timor amounted to USD 27 million.

Source: Angola Press News Agency