Portuguese exports to Mozambique rise 56 pct in first half

9 September 2011

Maputo, Mozambique, 9 Sept – Portuguese exports to Mozambique rose 56 percent year-on-year n the first half of this year, and the country is expected to be one of the top 15 markets for Portuguese products in 2011, after placing 25th in 2010, a Portuguese official said in Maputo.

According to an evaluation by Portuguese foreign trade and investment promotion agency, AICEP about Portugal’s participation in the 47th edition of the Maputo international Fair (Facim), Mozambique has risen 10 places within a year, whilst in 2010 it was the 25th biggest market for Portuguese exports.

AICEP’s statement said that, in relation to Facim, Portuguese businesspeople had recognised, “business opportunities that, will certainly, be followed up both in terms of trade between the two countries, and in direct investments made in Mozambique.”

Almost 100 Portuguese companies took part in the business fair in Mozambique, which brought together companies from 14 countries from 29 August to 4 September.

Portugal was the most represented country at Mozambique’s largest business and trade fair, after Mozambique, with 489 exhibitors in a 850 square-metre pavilion and a further 41 Portuguese, or Portuguese-owned companies outside the pavilion. (macauhub)