Portuguese exports to Mozambique rise 13.9 percent in 2006

9 April 2007

Maputo, Mozambique, 9 April – Portuguese exports to Mozambique last year rose 13.9 percent, with overall trade throughout 2006 of over 170 million euros.

According to the most recent assessment of economic relations between the two countries, obtained by Portuguese news agency Lusa, exports of Portuguese products to Mozambique totaled 73.1 million euros.

This figure is added to the 100 million euros in infrastructure construction projects for which Portuguese companies are responsible (Teixeira Duarte, Soares da Costa, Mota Engil and Visabeira).

As well as the construction of the bridge over the River Zambeze, linking the north and south of the country, Portuguese construction companies are involved in road, electrification, school, housing, hospital and health center construction.

Altogether, turnover totaled 173.7 million euros in 2006.

IN terms of the products exported, the largest category (14.2 percent or 10.4 million euros) was “electrical machinery, equipment and materials” followed by schoolbooks, machines, mechanical instruments and equipment and drinks, including water and alcoholic beverages, in fourth place.

Mozambique’s exports to Portugal fell slightly in 2006 from 31.7 million euros (2005) to 28.7 million euros.

Despite this, Mozambique’s export have risen six-fold in the last ten years, particularly because of the Mozal aluminium factory, which accounts for around half of all exports, and natural gas from Panda, in Inhambane province. (macauhub)