Ver Angola

Economy

Luanda International Fair has already opened its doors and has 25 Portuguese companies

The Luanda International Fair (Filda) started this Saturday, after being postponed due to national mourning for the death of former President José Eduardo dos Santos, with the participation of 25 Portuguese companies in the event.

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Filda will have 630 exhibitors, direct and indirect, from 15 countries: Angola, Portugal, Germany, South Africa, Namibia, São Tomé and Príncipe, Japan, China, United Kingdom, Italy, Brazil, Democratic Republic of Congo, Poland , Turkey and the United States of America.

The event, which was initially scheduled to take place between the 12th and 16th of July, was postponed following the death of Eduardo do Santos, on the 8th, in Barcelona, ​​Spain.

Portugal is represented by 25 companies, of which 14 collectively, through the Associação Empresarial de Portugal (AEP), which aims to support companies in their process of diversifying markets and increasing national exports - 12 exhibiting companies and two more companies extra, from the BOW project - Business on the Way - according to a press release from the business association.

Portuguese companies are from different areas, from the food industry, construction, extractive, engineering and information technologies, among others.

Cited in the note, Luís Miguel Ribeiro, president of AEP, emphasizes that the Portuguese participation is "an opportunity to consolidate the presence established in this market and strengthen commercial relations between both countries".

According to the most recent data from the Agency for Investment and Foreign Trade of Portugal (AICEP), Angola was the ninth customer of Portuguese exports of goods in 2020, with a share of 1.6 percent in the total, occupying the 25th position at the level of imports (0.6 percent).

The balance of trade in goods was favorable to Portugal in 2021, with a surplus of 872 million euros.

There are 5,100 Portuguese companies exporting to Angola, with machinery and equipment, chemical and agricultural products, food products and base metals standing out among the exported products.

More than 1200 Portuguese companies are present in the Angolan market.

The 37th edition of Filda takes place in the Special Economic Zone (ZEE) pavilion, under the motto "Disruptive technologies as support for the development of the economy" and ends on 20 July.

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