Mozambique’s exports to Brazil reach record levels in 2011

7 November 2011

Maputo, Mozambique, 7 Nov – Mozambique’s exports to Brazil reached US$20.387 million in the first seven months of this year, a record figure that is the same as was achieved over the last three years, Mozambican state newspaper Notícias reported.

Citing figures from the Brazilian Agency for Export and Investment Promotion (ApexBrasil), the newspaper also said that from January to July of this year Mozambique had imported goods from Brazil including soy oil derivatives, frozen chicken meat, and diesel locomotives totalling US$44.935 million.

The balance of trade between the two countries has favoured Brazil, which in the last three years exported goods to Mozambique worth US$100 million.

These figures were published as part of the Brazilian mission due to travel to Mozambique on 21 and 22 November to boost trade relations between the two countries.

During their stay the Brazilian businesspeople are due to take part in seminars, technical visits, as well as rounds of negotiations with potential buyers for their products.

The business mission to Mozambique includes companies from the sectors of drinks, housing and construction, medical, food and agri-business, hygiene, health and cosmetics, machinery and agri-livestock technology. (macauhub)