Saturday, January 21, 2012

Some Good Trade!

Luanda — Angola is currently considered as the second largest trading partner of the United States of America (USA) in the sub-Saharan Africa and ranks as the US' 30th largest global supplier of imported goods in 2010 .  The largest US trading partner in the sub-saharan region is South Africa.

The information was released on Friday in the capital Luanda by the US deputy assistant Secretary of State for Southern Africa, Reuben Brigety at the end of a meeting with the State secretary of Foreign Affairs, Manuel Augusto.

US goods imports from Angola totaled $11.9 billion in 2010, a 27.9% increase from 2009.  The main import items from Angola to the USA is crude oil and diamonds.   Of the total crude oil that the US imports, 7% comes from Angola in these trade arrangements.

About the bilateral relations between the US and Angola, Reuben Brigety considered the relationship as very strong noting that Angola is one of the top strategic partners of the US in Africa after South Africa and Nigeria.  (Angop, US Dept of Trade)

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