Angola’s imports fall 33 pct in first quarter

24 June 2016

The products imported by Angola in the first quarter of 2016 amounted to 1.598 billion tons, a decrease of 33.26 percent compared to 2.395 billion tons recorded in the first three months of 2015, according to the National Shippers Council (CNC).

The latest data in the CNC Statistical Bulletin showed that in the first quarter Angola received 341,500 tons of clinker, the raw material to manufacture cement, or an 18.49 percent increase year on year.

Rice imports fell 21.41 percent and wheat flour by 0.58 percent, while meat and offal, including chickens, fell by 46.55 percent, again according to the CNC Bulletin quoted by the Jornal de Angola newspaper.

The report showed that of the top 10 most imported products seven are from the food sector, including sugar, palm oil, grain flour and pasta.

In the period, China continued to be Angola’s main trading partner, despite having seen a decline of over half of its exports.

Portugal also exported 44.63 percent less to Angola and remained in second place with South Korea in third position in a list that also includes Spain, Turkey, Brazil, Belgium, Thailand and India.

Portugal’s National Statistics Institute (INE) recently published figures in line with those published now by the CNC, stating that China was the trading partner who most bought from and sold to Angola in 2015. (macauhub/AO/CN/PT)