Mozambique to export US$70 million in cane sugar this year

8 October 2007

Maputo, Mozambique, 8 Oct – Mozambique is due to net a total of US$70 million from exports of 156,000 tons of cane sugar, according to projections from Center for Commercial Agriculture Promotion (Cepagri) published in Maputo.

Cepagri, a body that is part of the Ministry of Agriculture, said that of that quantity around 70,000 tons would be sent to its preferential markets of the United States, the European Union and the South Africa Customs Union (SACU – which includes five member states, Botswana, Lesotho, Namibia, South Africa and Swaziland)

In the US Mozambique benefits from the “African Growth and Opportunity Act (AGOA)” and in the European Union from the Everything But Arms program.

The remaining 86,000 tons will be sold on the free market.

Sugar production is expected to total 272,000 tons this year, which is enough to supply the domestic market and exports, and represents an increase of 27,000 tons of production in 2006. (macauhub)