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Angola Trade Summary

2023

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 2023

Overall Exports and Imports for Angola 2023

Exports and imports of Angola in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 39,506 million.
  • The total value of imports (CIF) was 15,696 million.
  • At the HS6 digit level, 2,421 products were exported to 143 countries and 4,112 products were imported from 196 countries.

Angola top 5 Export and Import partners 2023

Top five countries to which Angola exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Angola exports to China worth US$ 18,428 million, with a partner share of 46.65 percent.
  2. Angola exports to Spain worth US$ 2,969 million, with a partner share of 7.51 percent.
  3. Angola exports to Netherlands worth US$ 2,400 million, with a partner share of 6.08 percent.
  4. Angola exports to India worth US$ 2,343 million, with a partner share of 5.93 percent.
  5. Angola exports to France worth US$ 1,877 million, with a partner share of 4.75 percent.

Top five countries from which Angola imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Angola imports from China worth US$ 2,438 million, with a partner share of 15.53 percent.
  2. Angola imports from Portugal worth US$ 1,713 million, with a partner share of 10.92 percent.
  3. Angola imports from United Arab Emirates worth US$ 1,088 million, with a partner share of 6.93 percent.
  4. Angola imports from India worth US$ 1,034 million, with a partner share of 6.58 percent.
  5. Angola imports from United States worth US$ 890 million, with a partner share of 5.67 percent.

Angola Top 5 Productsexports imports at HS 6 digit level 2023

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 32,047,478.61 (US$ Thousands).
  2. Angola exported Natural gas, liquefied , worth 2,505,497.45 (US$ Thousands).
  3. Angola exported Diamonds industrial unworked or simply sawn, cl , worth 1,588,182.86 (US$ Thousands).
  4. Angola exported Cargo vessels nes and other vessels for the tra , worth 1,381,275.30 (US$ Thousands).
  5. Angola exported Floating or submersible drilling or production , worth 348,048.49 (US$ Thousands).

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 3,438,014.59 (US$ Thousands).
  2. Angola imported Durum wheat , worth 383,823.49 (US$ Thousands).
  3. Angola imported Frozen cuts and offal of chicken (excl. livers) , worth 237,607.09 (US$ Thousands).
  4. Angola imported Semi-milled or wholly milled rice , worth 225,971.54 (US$ Thousands).
  5. Angola imported New stamps; stamp-impressed paper; banknotes; c , worth 178,828.73 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Angola in 2023 are below

  • The maximum rate of tariff in percentage on any product was 70 percent.
  • The simple average tariff across all products was 11.65 percent.
  • The trade weighted average tariff was 8.52 .
  • The total duty free imports in thousands of US dollars were 6,167,636.19 and duty free tariff line items share was 35.74 percent.

Development Indicators 2023

Key Development Indicators of Angola in 2023 are below

  • Angola GDP in current US dollar was 84,875 million.
  • GNI per capita, Atlas method (current US$) was 2,130.00 .
  • Angola Trade balance: as % of GDP was 14.66.
  • Trade balance in current US$ was 12,445.00 million.
  • Trade as percentage of GDP was 67.00 .
  • Trade in services as percentage of GDP was 10.23 .

Trade Indicators 2023

Trade Indicators for Angola in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 1.87.
  • World Growth in percentage was -3.13 and Angola Country Growth was -13.22 .