China and Portuguese-speaking Countries Trade Reached USD 161 Billion Until September

 

Trade in merchandise between China and Portuguese-speaking Countries reached USD 161.515 billion in the period from January to September 2023. 

It represented a 2.96 percent decrease year-on-year, according to data from China Customs. 

Portuguese-speaking Countries sold goods worth USD 106.338 billion to China in the first nine months of 2023 – a decrease of 1.76 percent year-on-year. 

China Fuels Record Brazilian Agricultural Exports

The value of China’s merchandise exports to those countries reached USD 55.177 billion in the same period, down 5.18 percent year-on-year.

During the first nine months of the year Brazil continue to be the main trade partner of China with USD 132.846 billion followed by Angola, (USD 14. 421 billion) Portugal (USD 6.614 billion) and Mozambique (USD 4 billion).

The total value of merchandise traded in September between the parties topped USD 19.714 billion, an increase of 0.64 percent from the prior-year period.

Xi Says China-Mozambique Cooperation on Belt and Road Initiative (BRI) ‘Fruitful’

The value of China’s merchandise imports from Portuguese-speaking Countries reached USD 13.355 billion, up 6.89 percent year-to-year, according to Chinese official data. 

China sold goods to those countries worth USD 6.359 billion in September, an increase of 10.37 percent compared with the previous year.

 

Other articles

Angola

Legal update/Angola: Establishment of the Value Added Tax Regime for Natural Gas

Angola

Chinese Oil Imports from Angola at 10-year low