Portugal's exports to China grew 77,14% in June, while imports fell by 17,45% compared to May, it was released today.
In total, trade in June between Lisbon and Beijing registered an increase of 7,35% and reached in June the amount of 6,2 million dollars (5,22 million euros), with Portugal importing 3,5 million dollars (2,94 million euros), and to export products to China worth 2,6 million dollars (2,19 million euros).
Official data published on the Macau Forum portal, based on statistics from the Chinese Customs Service, further indicate that trade between Lisbon and Beijing fell 5,96% in the first half of this year, compared to the same period in 2019, with Portugal registering a growth in exports and a fall in imports.
Between January and June, the value of trade between Portugal and China reached US $ 3,08 million (2,59 million euros), with the largest share corresponding to Portuguese imports (US $ 1,9 million, or ie EUR 1,6 million).
According to statistics, trade between China and Portuguese-speaking countries in the first half of 2020 was $ 64,59 billion (€ 54,34 billion), a year-on-year decrease of 7,9% .
If exports from Portuguese-speaking countries to China reached US $ 46,7 billion (€ 39,2 billion), representing a year-on-year drop of 7,32%, imports from Portuguese-speaking countries stood at 17,9, 15 billion dollars (9,39 billion euros), a decrease of 2019%, compared to the same period of XNUMX.
In June, trade between Portuguese-speaking countries and China totaled US $ 12,8 billion (€ 10,7 billion), an increase of 28,92% over the previous month.
Portuguese-speaking countries' exports to China totaled US $ 9,6 billion (€ 8,08 billion), an increase of 37,82% over the previous month, while Portuguese-speaking imports were 3,18 billion dollars (2,68 billion euros), which translates into an increase of 7,81%, when compared to May.
China established the Macau Special Administrative Region as a platform for economic and trade cooperation with Portuguese-speaking countries in 2003, the year in which it created the Macau Forum.
This entity has a permanent secretariat, meets at ministerial level every three years and includes, in addition to a secretary general and three deputy general secretaries, eight delegates from Portuguese-speaking countries (Angola, Brazil, Cape Verde, Guinea -Bissau, Mozambique, Portugal, São Tomé and Príncipe and Timor-Leste).