Mozambican port and railway company announce modernisation of rail network
File photo: Macauhub
Trade between China and Portuguese-speaking countries from January to March 2018 totalled US$30.188 billion, a year-on-year increase of 25.91% according to Chinese Customs figures.
China’s imports from the Portuguese-speaking countries amounted to US$21.015 billion, a year-on-year increase of 24.36%, while exports from China to the Portuguese-speaking countries were US$9.173 billion, a year-on-year increase of 29.62%.
Brazil remained China’s largest partner in the period between January and March with trade estimated at US$21.4 billion (+27.9%) followed by Angola with US$6.804 billion (+22.4%) and Portugal with US$1.344 billion (+15.3%).
Mozambique was China’s fourth-largest trading partner among the Portuguese-speaking nations with total trade of US$532 million (+25%)
Trade with the other four Portuguese-speaking countries (Caboe Verde, Guinea-Bissau, São Tomé and Principe and Timor-Leste) amounted to US$35.9 million.
Trade in March was US$9.788 billion, down 1.71% over the previous month.
China’s imports from Portuguese-speaking countries increased by 7.76% compared to February, while exports from China to Portuguese-speaking countries fell by 20.67% over the previous month.Source: Macauhub
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