Brazilian imports from Portuguese-speaking countries double between January and August

14 September 2007

Sao Paulo, Brazil, 14 Sept – Brazilian imports of products from other Portuguese-speaking countries rose 104 percent to US$901 million from January to August, according to figures from the Brazilian Ministry of Development, Industry and Foreign Trade.

Angola, with US$695 million, and Portugal with US$205 million, accounted for almost all imports from Portuguese-speaking countries into Brazil in the period.

Cape Verde sold just US$64,000 to Brazil in the same period.

In the first eight months of the year, there were no records of Brazilian acquisitions of products from the other four countries in the Community of Portuguese-speaking Countries (CPLP) – Guinea Bissau, Mozambique, Sao Tome and Principe and East Timor.

Oil was the biggest import from Angola, accounting for US$624 million and from Portugal the biggest import was olive oil (US$24 million).

In the same period Brazil exported US$1.836 billion to CPLP countriews, a rise of 16.1 percent year on year.

Once again Portugal (US$1.129 billion) and Angola (US$661 million) were the main markets.

The third CPLP market for Brazilian goods was Guinea Bissau (US$6 million), followed by East Timor (US$195,000) and, finally, Cape Verde (US$21,000) and Mozambique (US$15,000). (macauhub)