Angola’s SODIAM Diamond Marketer Second-Biggest Exporter

August 23, 2016

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August 23, 16 by By Staff Reporter

(IDEX Online News) – Angola’s state-owned diamond marketing company Sodiam is the country’s second-biggest exporter.

 

It is the only non-oil firm on Angola’s list of the top 10 exporters for the first quarter of 2016.

 

The country’s largest exporter is state oil company Sonangol, Angola’s Finance Ministry said.

 

Sodiam exported diamonds worth around $190 million in the first quarter of this year.

 

Angola’s rough diamond exports in 2015 were $1.3 billion, according to the Kimberley Process.

 

Angola is Africa’s largest oil producing state, according to figures released by the Organization of Petroleum Exporting Countries (OPEC) last week.

Category: General