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Economy, Mining

Petroleum accounts for 90 percent of national exports by value. Most production is from the offshore fields of Cabinda, which were first exploited in the 1960s. The total output of crude petroleum in 1999 was 280 million barrels. Diamonds remain the second most important mineral. Output in 1996 was 4.0 million carats; nearly all were of gem quality. Iron ore, formerly the third most important mineral, has not been produced commercially since 1975 because the mines were partially destroyed during the civil war. Production of salt and natural gas has continued, despite the disruption of the war.

 

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