Nedbank expands its footprint into Mozambique
Trade between China and Portuguese-speaking countries registered a year on year fall of 8.44% in the period from January to November, at US$83.230 billion, according to Chinese official figures released by the Macau Forum.
Trade between Brazil and China rose in the first 11 months of the year to US$61.94 billion (-6.48%), with the Brazil buying Chinese goods worth of US$19.90 billion (-21.58%) and to selling goods worth US$42.040 billion (+2.90%).
Angola’s with China in the same period totalled US$14.23 billion (-22.10%), with Angola purchasing goods from China worth US$1.58 billion (-53 84%) and selling goods worth US$12.64 billion (-14.77%).
Portugal’s trade with China totalled US$5.12 billion (+ 27.72%), with Portuguese companies selling goods worth US$1.41 billion (+3.36%) and they bought goods worth US$3.71 billion (+40.30%).
Mozambique’s two-way trade with China in the period reached US$1.69 billion (-22.91%), with China selling goods worth US$1.26 billion (-29.36%) and buying products worth US$433 million (+5.03%).
Trade between China and the other Portuguese-speaking countries – Cabo Verde (Cape Verde), Guinea-Bissau, Timor-Leste (East Timor) and Sao Tome and Principe – amounted in the first 11 months of the year to US$224 million.
Trade between China and Portuguese-speaking countries in November reached US$7.73 million (+21.63%), with China selling products worth US$2.91 billion (+17.06%) and buying goods in the amount of US$4.82 billion (+24.57%).Source: Macauhub