Ver Angola

Trade

Portuguese exports to Angola fall 27.3 percent

Portugal's exports to Angola fell 27.3 percent in April, the first month in which both countries were in a containment regime, while imports of Angolan products to Portugal fell by almost 50 percent.

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According to figures from the Portuguese National Statistics Institute (INE), compiled this Tuesday for Lusa, Portugal exported products and goods worth 100 million euros to Angola in April 2019, which compares with 73, 4 million sold in April this year, marked by the state of emergency enacted in both countries.

Conversely, Angolan businessmen sold products and services to Portugal worth 53.7 million euros in April this year, which represents a 49.9 percent drop from the 114.5 million sold in April last year. .

Regarding the first four months of the year, Portuguese imports fell from 350 million euros from January to April 2019, to 299 million euros in the same period this year, which represents a drop of 14.3 percent.

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