Angola

Compare Angola →

AO · AGO · BACI 24 · latest data 2024

Exports

$41.9B USD, nominal · 2024

= $41,905 M7.6% over 5 yrs (up)

Imports

$14.8B USD, nominal · 2024

= $14,763 M1.3% over 5 yrs (up)

Trade balancesurplus

$27.1B USD, nominal · 2024

= $27,142 M

Total trade

$56.7B USD, nominal · 2024

= $56,667 M5.9% over 5 yrs (up)

World position: #62 of 225 exporters · top half · #100 of 225 importers · top half · 2024
World export share since 1995: +0.1 pp

Trade timeline

Angola's exports grew from $3.6B in 1995 to $41.9B in 2024; the 2024 balance was $27.1B.

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Exports, imports, trade balance and total trade of Angola per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$3,600 M	$1,658 M	$1,942 M	$5,258 M
1996	$4,658 M	$1,844 M	$2,814 M	$6,502 M
1997	$4,697 M	$2,187 M	$2,510 M	$6,884 M
1998	$3,818 M	$1,933 M	$1,885 M	$5,751 M
1999	$4,782 M	$1,852 M	$2,930 M	$6,634 M
2000	$7,972 M	$1,908 M	$6,064 M	$9,880 M
2001	$6,567 M	$3,170 M	$3,397 M	$9,737 M
2002	$7,932 M	$2,911 M	$5,020 M	$10,843 M
2003	$9,316 M	$4,330 M	$4,985 M	$13,646 M
2004	$14,033 M	$7,094 M	$6,939 M	$21,126 M
2005	$23,049 M	$10,111 M	$12,939 M	$33,160 M
2006	$32,455 M	$12,463 M	$19,992 M	$44,917 M
2007	$42,710 M	$12,925 M	$29,784 M	$55,635 M
2008	$67,922 M	$24,909 M	$43,013 M	$92,831 M
2009	$40,247 M	$24,028 M	$16,219 M	$64,274 M
2010	$54,443 M	$19,704 M	$34,739 M	$74,147 M
2011	$65,682 M	$22,905 M	$42,777 M	$88,587 M
2012	$74,743 M	$29,072 M	$45,671 M	$103,815 M
2013	$72,296 M	$30,298 M	$41,998 M	$102,593 M
2014	$62,282 M	$29,408 M	$32,874 M	$91,691 M
2015	$38,300 M	$21,969 M	$16,331 M	$60,270 M
2016	$30,812 M	$13,045 M	$17,768 M	$43,857 M
2017	$38,439 M	$14,955 M	$23,484 M	$53,395 M
2018	$43,890 M	$15,998 M	$27,891 M	$59,888 M
2019	$38,942 M	$14,568 M	$24,374 M	$53,510 M
2020	$26,247 M	$9,964 M	$16,283 M	$36,212 M
2021	$34,475 M	$12,077 M	$22,398 M	$46,552 M
2022	$53,561 M	$18,626 M	$34,935 M	$72,187 M
2023	$42,633 M	$17,066 M	$25,567 M	$59,699 M
2024	$41,905 M	$14,763 M	$27,142 M	$56,667 M

30 rows

World share & rank

World export share moved from 0.1% in 1995 to 0.2% in 2024; export rank #68 → #62.

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World export and import share in percent, and world ranks, of Angola per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.07%	0.03%	#68	#101
1996	0.09%	0.03%	#67	#106
1997	0.08%	0.04%	#69	#101
1998	0.07%	0.03%	#76	#107
1999	0.08%	0.03%	#71	#107
2000	0.12%	0.03%	#62	#115
2001	0.10%	0.05%	#70	#97
2002	0.12%	0.04%	#67	#101
2003	0.12%	0.06%	#68	#88
2004	0.15%	0.08%	#61	#82
2005	0.22%	0.10%	#56	#77
2006	0.27%	0.10%	#54	#76
2007	0.31%	0.09%	#52	#81
2008	0.42%	0.15%	#47	#68
2009	0.32%	0.19%	#53	#61
2010	0.36%	0.13%	#51	#75
2011	0.37%	0.13%	#52	#70
2012	0.41%	0.16%	#50	#63
2013	0.40%	0.17%	#48	#66
2014	0.34%	0.16%	#53	#68
2015	0.24%	0.14%	#54	#70
2016	0.20%	0.08%	#59	#89
2017	0.22%	0.09%	#57	#86
2018	0.23%	0.08%	#56	#85
2019	0.21%	0.08%	#57	#90
2020	0.15%	0.06%	#65	#101
2021	0.16%	0.06%	#65	#101
2022	0.22%	0.08%	#60	#88
2023	0.19%	0.08%	#61	#93
2024	0.18%	0.06%	#62	#100

30 rows

Trading partners

China was Angola's top trading partner in 2024, at 32.2% of total trade; the top five partners covered 59.6%.

Year

Top partner share: 32.2%
Top-5 share: 59.6%
Partners: 196
Partner HHI (0–1): 0.134

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China $15.8B

India $6.0B

Spain $2.7B

United States $2.6B

France $1.8B

Indonesia $1.7B

United Arab Emirates $1.2B

Singapore $1.2B

Brazil $991M

South Africa $825M

Netherlands $763M

United Kingdom $703M

Italy $596M

Belgium $592M

Portugal $98M

View partner table

Top partners of Angola in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$15,802 M	$2,428 M	$18,230 M	$13,373 M
#2	India	$5,982 M	$853 M	$6,835 M	$5,128 M
#3	United States	$2,614 M	$827 M	$3,440 M	$1,787 M
#4	Spain	$2,734 M	$167 M	$2,902 M	$2,567 M
#5	France	$1,774 M	$570 M	$2,344 M	$1,204 M
#6	Indonesia	$1,710 M	$200 M	$1,910 M	$1,510 M
#7	United Kingdom	$703 M	$1,078 M	$1,782 M	−$375 M
#8	United Arab Emirates	$1,241 M	$458 M	$1,699 M	$783 M
#9	Singapore	$1,191 M	$408 M	$1,599 M	$783 M
#10	Brazil	$991 M	$539 M	$1,530 M	$452 M
#11	Portugal	$98 M	$1,293 M	$1,390 M	−$1,195 M
#12	South Africa	$825 M	$483 M	$1,308 M	$341 M
#13	Belgium	$592 M	$617 M	$1,209 M	−$24 M
#14	Italy	$596 M	$577 M	$1,174 M	$19 M
#15	Netherlands	$763 M	$205 M	$967 M	$558 M

15 rows

Products & sectors

Product composition of Angola's trade in 2024.

Year

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Concentration & risk

Angola's export partners diversified over 1995–2024 — HHI 0.451 → 0.179, a moderately concentrated export base across 149 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Angola per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.451	0.132	45	64
1996	0.387	0.117	49	70
1997	0.414	0.095	57	70
1998	0.430	0.106	60	82
1999	0.331	0.096	62	87
2000	0.269	0.077	68	96
2001	0.259	0.097	69	104
2002	0.213	0.083	87	108
2003	0.304	0.082	89	107
2004	0.221	0.089	134	199
2005	0.230	0.073	137	219
2006	0.247	0.067	135	207
2007	0.186	0.062	96	215
2008	0.194	0.061	142	211
2009	0.198	0.060	97	187
2010	0.236	0.062	102	180
2011	0.189	0.066	104	189
2012	0.209	0.071	97	192
2013	0.204	0.067	108	191
2014	0.255	0.068	99	185
2015	0.190	0.065	146	173
2016	0.206	0.059	150	170
2017	0.265	0.065	145	169
2018	0.306	0.065	153	185
2019	0.374	0.069	156	185
2020	0.319	0.064	146	180
2021	0.319	0.065	150	189
2022	0.179	0.071	150	190
2023	0.187	0.070	157	192
2024	0.179	0.060	149	192

30 rows

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