Brazilian exports to Angola double in the first six months

8 August 2006

Luanda, Angola, 08 Aug – Brazilian exports to Angola doubled in the first half-year, compared to the same period of last year, indicate data released Tuesday by the Brazilian Ministry of Development, Industry and Foreign Trade.

Between January and June Brazil exported goods and services worth US$362.67 million, compared to US$180.95 million in the same period last year.

In the first six months of this year Brazilian exports topped the 2004 total (US$356.66 million) and were closing in on the total for the 12 months of last year (US$520.4 million).

Brazilian exports to Angola mainly comprise agriculture and livestock products such as sugar and meat, as well as iron and steel bars and machinery.

Data recently released in Portugal indicate that Portuguese exports to Angola rose by 54 percent in the first five months of the year, to 438.4 million euros (US$564.2 million).

Imports of Angolan products, mainly comprising oil, fell from 24.24 million euros (US$31.20 million euros) to 565,000 euros (US$727,000) in May of this year.

Angolan imports of South African products had fallen by 6.0 percent at the end of the first quarter to 800.6 million rands (US$118.13 million). (macauhub)