Cape Verde Media

Portugal and China boost their position as Angola’s main trading partners

Portugal and China are boosting their position as Angola’s main trading partners, as a time of growing economic activity in Angola and of public and trade surpluses, according to Portugal’s BPI bank.

“In terms of exports the hegemony of oil has increased, and for which China is the most important buyer, whilst on the import side consumer goods dominate and Portugal continues to take pole position, although China has been gaining,” the bank said in its latest report on Angola. … More