Economy

Led by Brazil, Portuguese-speaking countries expand trade with China by 40.8% in the first half

Aug, 12, 2021 Posted by Ruth Hollard

Week 202132

The total value of trade between China and Portuguese-speaking countries reached US$ 90.98 billion in the first half of 2021, representing an increase of 40.8%, compared to the same period in 2020.

Compared to the same period in 2019, when a total value of US$ 70.14 billion was registered, the growth was 29.7%.

In terms of specific countries, Brazil, China’s largest trading partner among the group’s members, saw annual growth of 42.8% in the total value of imports and exports with China, reaching US$ 74.33 billion.

Angola, China’s second-largest trading partner among Portuguese-speaking countries, witnessed a 25.1% increase in the total value of trade with the Asian country, with US$ 10.65 billion.

Imports and exports between China and Portugal totaled US$ 4.16 billion, an increase of 35.7% compared to the same period in 2020. As for Mozambique, the value reached US$ 1.6 billion, an annual increase of 49%.

Trade between other Portuguese-speaking countries and China totaled less than US$ 1 billion for each country.

Source: Comex do Brasil

To read the full original article, visit the link:

https://www.comexdobrasil.com/liderados-pelo-brasil-paises-lusofonos-expandem-em-408-comercio-com-a-china-no-1o-semestre-do-ano/

Sharing is caring!

Leave a Reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.