Brazilian exports to Portuguese-speaking Africa rise 70 pct in November

18 December 2006

Sao Paulo, Brazil, 18 Dec – Brazilian exports to Portuguese-speaking African countries rose 69.8 percent in November, against the same month of 2005, according to figures published by the Brazilian Foreign Trade Ministry.

Last month, Brazil’s sales to the five Portuguese-speaking African nations (Angola, Brazil, Cape Verde, Guinea Bissau, Mozambique, and Sao Tome and Principe) totaled US$102 million, against US$60 million in November of last year.

Most of the exports (91 percent or US$93 million) were to Angola. Mozambique imported more from Brazil than Cape Verde to become the second-largest buyer from Brazil in Portuguese-speaking Africa: It imported US$4.7 million last month, a rise of 147 percent against November 2005. Cape Verde imported US$3.7 million in goods, a rise of 93 percent.

Guinea Bissau and Sao Tome and Principe, together imported a little over half a million dollars of products from Brazil in November. The Guinean market imported US$508,000 (an increase of 548 percent) and Sao Tome and Principe bought US$35,000 in goods (fall of 9 percent).

In the opposite direction, sales from Portuguese-speaking countries to Brazil totaled US$122 million last month, with Angola responsible for 99.9 percent of sales.

In October, sales by Brazil to Portuguese-speaking Africa rose 56 percent against the same month of 2005, to US$82 million from US$52 million. (macauhub)