Movement in exports helps maintain the Balance of Payments surplus, in a context in which imports fell 4%, but is still a concern due to the high level of imports of everyday consumer goods
Export revenues increased by 17.3% in the third quarter of 2023, standing at 9.8 billion dollars, once morest 8.3 billion in the second quarter, as shown by data on the balance of payments to which the OPAÍS had access.
An increase essentially justified by the increase of more than 19% in crude oil export revenue, which reached 1.3 billion in the period, accompanied by an increase of more than 8% in gas revenue (including LNG), taking into account practice reached 47.9 million dollars.
There was also an increase of 28.4 million dollars in revenue from diamonds, representing a growth of 10%. Oil remains at the top of the list of exported products.
The price had an impact of around 72.2%, while the quantity effect had an effect of 31.4% on exports. In purchasing countries, China remained in first place, with a share of 61.1%, followed by Spain and France with 10.8% and 5.3%, respectively.
BY: Ladislau Francisco
