Angola’s exports in 2011 totaled US$60-billion, whilst its imports totaled around US$21.4-bn, the chair of the board of the National Private Investment agency (Anip), Maria Luisa Abrantes, said in Luanda, reports macauhub.com
This led to a trade surplus of US$38.6-bn.
Angola’s exports were oil, diamonds, coffee, fish and sisal, whilst imports were essentially of machinery, electrical equipment, vehicles and parts, foodstuffs, textiles and others.
Abrantes said that Angola needed investments in a number of sectors and noted that the hydroelectric sector was one of the most interesting because the country had significant hydroelectric potential.
The Anip chairwoman added that, as well as oil, which is Angola’s main export product, agriculture was also a sector that was seeing growth - and that after peace was established in 2002, it contributed around 13.9% to GDP in 2009.
