Portugal: Trade with Angola via port of Leixões sees “spectacular growth”

26 September 2008

Porto, Portugal, 26 Sept – The chairman of the board of the ports of Douro and Leixões (APDL) noted Thursday in Porto that there had been “spectacular growth,” in trade between Leixões and Angola and the great potential for growth in relations with Brazil, to which a second direct link will be established.

Speaking to Portuguese news agency Lusa on the sidelines of the 1st Meeting of Ports of the Community of Portuguese-speaking Countries (CPLP), which ends Friday in Leixões, Matos Fernandes said that APDL intended to create a new direct link to Brazil, in the south of the country, “to Rio de Janeiro or Santos.”

As part of this “great desire to boost trade relations with Brazil,” in 2007 APDL for the first time took part in a sector fair in Sao Paulo, and has scheduled a trade mission for 2009 to several ports on the other side of the Atlantic.

Ferandes also said that the mission was now being prepared by APDL to take its concession-holders and various economic agents from the logistics, transit and sea transport sectors.

Despite this, the chairman of APDL admitted that the weight of trade between Leixões and Brazil would never reach the levels of that with Angola, a country which has traditionally been a large importer of Portuguese consumer goods and brands.

According to the chairman of APDL, port contact with the remaining CPLP countries is not “as intense” as with Angola, particularly because they are economies “of a different size, with the exception of Brazil.”

Trade with Angola, to which Leixões has three continuous links per week, has risen almost 12-fold in the last eight years, from 4,000 to 47,000 twenty foot equivalent units (TEUs) per year. (macauhub)