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Angola Trade Summary

2020

Angola exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ANGOLA 2020

Overall Exports and Imports for Angola 2020

Exports and imports of Angola in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 22,135 million.
  • The total value of imports (CIF) was 9,338 million.
  • At the HS6 digit level, 2,236 products were exported to 130 countries and 4,003 products were imported from 179 countries.

Angola top 5 Export and Import partners 2020

Top five countries to which Angola exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Angola exports to China worth US$ 13,216 million, with a partner share of 59.71 percent.
  2. Angola exports to India worth US$ 1,612 million, with a partner share of 7.28 percent.
  3. Angola exports to United Arab Emirates worth US$ 1,049 million, with a partner share of 4.74 percent.
  4. Angola exports to Thailand worth US$ 876 million, with a partner share of 3.96 percent.
  5. Angola exports to Spain worth US$ 762 million, with a partner share of 3.44 percent.

Top five countries from which Angola imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Angola imports from China worth US$ 1,435 million, with a partner share of 15.36 percent.
  2. Angola imports from Portugal worth US$ 1,295 million, with a partner share of 13.86 percent.
  3. Angola imports from United States worth US$ 614 million, with a partner share of 6.58 percent.
  4. Angola imports from Brazil worth US$ 528 million, with a partner share of 5.65 percent.
  5. Angola imports from India worth US$ 454 million, with a partner share of 4.86 percent.

Angola Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Angola along with trade value are:

  1. Angola exported Petroleum oils and oils obtained from bituminou , worth US$ 18,379,869.21 million.
  2. Angola exported Diamonds industrial unworked or simply sawn, cl , worth US$ 1,108,110.33 million.
  3. Angola exported Natural gas, liquefied , worth US$ 900,248.60 million.
  4. Angola exported Floating docks and vessels which perform specia , worth US$ 457,717.78 million.
  5. Angola exported Cargo vessels nes and other vessels for the tra , worth US$ 206,784.04 million.

The top five imported HS 6 digit level products from world by Angola along with trade value are

  1. Angola imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 915,983.70 million.
  2. Angola imported Semi-milled or wholly milled rice , worth US$ 280,779.41 million.
  3. Angola imported Palm oil (excl. crude) and liquid fractions , worth US$ 189,928.96 million.
  4. Angola imported Frozen cuts and offal of chicken (excl. livers) , worth US$ 153,938.62 million.
  5. Angola imported Other medicaments of mixed or unmixed products, , worth US$ 151,045.09 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Angola in 2020 are below

  • The maximum rate of tariff in percentage on any product was 70 percent.
  • The simple average tariff across all products was 10.51 percent.
  • The trade weighted average tariff was 9.23 .
  • The total duty free imports in thousands of US dollars were 5,958,088.32 and duty free tariff line items share was 34.78 percent.

Development Indicators 2020

Key Development Indicators of Angola in 2020 are below

  • Angola GDP in current US dollar was 50,241 million.
  • GNI per capita, Atlas method (current US$) was 1,690.00 .
  • Angola Trade balance: as % of GDP was 20.70.
  • Trade balance in current US$ was 10,400.00 million.
  • Trade as percentage of GDP was 55.38 .
  • Trade in services as percentage of GDP was 11.28 .

Trade Indicators 2020

Trade Indicators for Angola in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.39.
  • Index of export market penetration was 1.77.
  • World Growth in percentage was -3.75 and Angola Country Growth was -20.03 .