Angola’s Q2 Trade Sees Export Drop, Import Boost

In the second quarter, Angola’s exports fell by 17.6%, landing at 4.8 billion kwanzas ($5.76 million). Meanwhile, imports surged by 25.4%, reaching 2.3 billion kwanzas ($2.76 million). As a result, the trade balance stayed positive, totaling 2.5 billion kwanzas ($3 million). Oil dominated the scene, constituting 95% of total exports. Precious stones and metals took […]