Source: National Bank of Angola, Angolan Ministry of Transport
- Angola’s exports amounted to USD 68 billion in 2013, USD 67 billion of which were in the oil sector. Its imports were worth USD 26 billion.
- At 20%, Hydraulic cement accounts for the biggest share of imports, followed by wheat flour, rice, sugar cane and meat.
Maersk Line arrived in Angola before the end of the war, providing a link on its traditional main trade route to Portugal, which had colonised the country. It quickly expanded in step with the economy to provide connections to Brazil, the United States and China.
“That helped the country to develop its overseas trade, which we believe indirectly created more than 13,000 jobs over these years,” says Rosa.
Five years ago there were only two or three supermarkets in the country, he says. Now there are more than a hundred. Six years ago, the terminal was doing six moves an hour, and now it is at least 30.
“There’s a real change in the place today,” Rosa adds. “So we are moving from importing manufactured kinds of commodities, to raw materials and machinery in order to help the diversification of the economy in Angola.”
“Maersk Line’s role in this change is not to think, ‘We’re going to have less imports’. It’s not about that. I think that we need to support the customer who’s producing here.”
Like a multinational
SICIE, which is also the distributor for US personal care company Kimberly-Clark in Angola, has big plans. It is building a new paper mill to the north of Luanda, on land where it will have space to expand, with machines from Italy.