Angola (AGO)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Angola - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | China (CHN) | 41.4% $16.24B | 14.7% $2.05B | 34.4% $18.29B |
| 2 | India (IND) | 11.1% $4.36B | 6.1% $854.29M | 9.8% $5.21B |
| 3 | Spain (ESP) | 6.5% $2.55B | 1.1% $158.54M | 5.1% $2.70B |
| 4 | USA (USA) | 4.2% $1.64B | 6.1% $852.49M | 4.7% $2.49B |
| 5 | France (FRA) | 3.9% $1.55B | 3.7% $517.50M | 3.9% $2.06B |
| 6 | Indonesia (IDN) | 4.0% $1.57B | 1.3% $187.63M | 3.3% $1.76B |
| 7 | Singapore (SGP) | 3.5% $1.36B | 2.7% $381.88M | 3.3% $1.74B |
| 8 | United Arab Emirates (ARE) | 3.2% $1.24B | 3.3% $459.77M | 3.2% $1.70B |
| 9 | United Kingdom (GBR) | 1.4% $550.34M | 8.0% $1.12B | 3.1% $1.67B |
| 10 | Brazil (BRA) | 2.9% $1.12B | 3.7% $512.84M | 3.1% $1.63B |
- Angola's total trade in 2024 was $53.2B, ranking 62nd globally.
- Exports totaled $39.3B, with China being the top destination, receiving 41.4% of exports.
- Imports amounted to $13.9B, with China also being the largest source of imports at 14.7%.
- The country recorded a positive trade balance of $25.3B.
- The top export category was Mineral fuels (HS2 27) with a value of $34.2B.
- The top import category was also Mineral fuels (HS2 27), valued at $2.9B.
Angola's Trade Performance in 2024
In 2024, Angola's international trade activity resulted in a total trade value of $53.2B, placing it at rank 62 globally. The nation's exports were valued at $39.3B (56th) and its imports at $13.9B (84th), leading to a substantial trade surplus of $25.3B. The primary export partner for Angola was China, which accounted for $16.2B or 41.4% of total exports. Other major export destinations included India and Spain.
Top Traded Products
Angola's exports are dominated by the mineral fuels sector. The top export category, Mineral fuels and oils (HS2 27), accounted for $34.2B or 87.1% of all exports. Following this, Ships and boats (HS2 89) were the second-largest export at $2.7B. On the import side, Mineral fuels and oils (HS2 27) were also the most significant category, with imports valued at $2.9B. The second-largest import category was Machinery and mechanical appliances (HS2 84), valued at $2.6B.
Exports
Angola - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Angola - export composition by product categories (Exports), 2024 (USD)
Angola - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Angola - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.