Exports from Portuguese-speaking countries to China up 2.6% to September

Exports from Portuguese-speaking countries to China increased by 2.6% in the first nine months of 2024, maintaining the best start of the year ever, according to official data.

Exports reached US$109.1Bn (€100.3Bn), the highest figure for the January-September period since the Forum for Economic and Trade Cooperation between China and Portuguese-Speaking Countries (Forum Macao) began presenting this type of data from China Customs Services in 2013, according to the Lusa news agency.

Portuguese exports to China stood at a record in 2024 so far at $97.6Bn (€90.3Bn)

Data released on Friday shows that the increase is mainly due to the largest Lusophone supplier to the Chinese market, Brazil, whose sales grew 2.8% to US$91.2Bn (€83.8Bn), a new high for the first nine months of the year.

Angola’s merchandise sales to China rose 2.2% to $13.5Bn (€12.4Bn), while Portugal’s exports rose 8.9% to $2.33Bn (€2.14Bn).

Mozambique also exported more to China, with Mozambican sales up 6.1% to $1.2Bn (€1.16Bn).

Guinea Bissau’s exports to China remained unchanged in the first nine months of 2024, although the country sold no more than $1,000 worth of goods.

Brazil was the largest Chinese trading partner in the Lusophone bloc, with imports reaching US $55.1Bn (€50.6Bn), followed by Portugal, which bought US $4.64Bn (€4.27Bn) worth of goods from China.

On the other hand, exports from Portugal performed even more significantly, with an increase of 11.4%, reaching a total value of US $2.09Bn. (€1.93Bn)