Trade between Brazil and Portuguese-speaking African countries falls sharply in May

14 June 2011

Sao Paulo, Brazil, 14 June – Trade between Brazil and Portuguese-speaking African countries (PALOP) fell sharply in may according to figures published by Brazil’s Development, Industry and Foreign Trade Ministry.

In May both Brazilian exports to and imports from Portuguese-speaking African countries fell.

Brazilian exports to Angola, Brazil’s main trading partner in Portuguese-speaking Africa fell 15.2 percent to US$69.7 million in May against the previous month.

Sales to Mozambique in May fell 62.5 percent to US$4.1 million, to Cape Verde fell 26.7 percent to US$2.9 million, to Guinea Bissau fell 59.5 percent to US$382,000) and to Sao Tome e Principe fell 2.3 percent to US$124,000.

Of the Portuguese-speaking Africa countries the only one with significant exports to Brazil is Angola and, even so, exports of Angolan products to Brazil fell 77.4 percent in May against the previous month to US$7.5 million.

Mozambique and Cape Verde, which in the first five months of 2010 still exported some goods to Brazil, this year saw figures fall to almost nothing and Guinea Bissau and Sao Tome and Principe actually exported nothing to Brazil in the first five months of this year. (macauhub)

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