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Angola trade in 2024

In 2024, Angola exported $41.9 billion and imported $14.8 billion, a trade surplus of $27.1 billion. It was the world's 63rd-largest exporter, with 0.18% of world exports. Its top export was crude petroleum (76% of the total) and its main trading partner was China (32.2% of its trade).

Summary

Exports
$41.9billion
Imports
$14.8billion
Trade balance
+$27.1billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Crude petroleum (76%) and diamonds (8%) together make up 84.1% of its exports.

  1. Crude petroleum$31.9 billion · 76%
    Main partner: China
  2. Diamonds$3.4 billion · 8%
    Main partner: India
  3. Natural gas and LPG$2.5 billion · 5.9%
    Main partner: India
  4. Dredgers and floating cranes$1.4 billion · 3.4%
    Main partner: Singapore
  5. Cargo and cruise ships$785 million · 1.9%
    Main partner: Spain
  6. Refined petroleum$497 million · 1.2%
    Main partner: Togo
  7. Tugboats$279 million · 0.67%
    Main partner: Equatorial Guinea
  8. Warships and other vessels$225 million · 0.54%
    Main partner: Spain
  9. Airplanes and helicopters$66 million · 0.16%
    Main partner: Qatar
  10. Granite and building stone$65 million · 0.16%
    Main partner: China

What it imports

Refined petroleum (18.4%) and wheat (4%) together make up 22.4% of its imports.

  1. Refined petroleum$2.7 billion · 18.4%
    Main partner: South Korea
  2. Wheat$593 million · 4%
    Main partner: Poland
  3. Valves and taps$454 million · 3.1%
    Main partner: United Kingdom
  4. Poultry meat$276 million · 1.9%
    Main partner: United States
  5. Rice$262 million · 1.8%
    Main partner: Thailand
  6. Cars$254 million · 1.7%
    Main partner: United Arab Emirates
  7. Seamless steel pipes$254 million · 1.7%
    Main partner: Japan
  8. Other industrial machines$218 million · 1.5%
    Main partner: United Kingdom
  9. Medicines in measured doses or retail packs$205 million · 1.4%
    Main partner: India
  10. Trucks$201 million · 1.4%
    Main partner: China
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$34.8 billion$2.7 billion
71 · Gems and precious metals$3.4 billion$2 million
89 · Ships and boats$2.7 billion$204 million
84 · Mechanical machinery$202 million$2.6 billion
72 · Iron and steel$90 million$187 million
25 · Salt, stone and cement$86 million$16 million
88 · Aircraft and spacecraft$68 million$86 million
76 · Aluminum$46 million$80 million
74 · Copper$45 million$19 million
90 · Precision and medical instruments$45 million$435 million
73 · Iron and steel products$42 million$964 million
23 · Animal feed and food waste$38 million$45 million
03 · Fish and seafood$38 million$23 million
85 · Electrical and electronic equipment$36 million$994 million
70 · Glass$26 million$49 million
22 · Beverages and spirits$22 million$116 million
44 · Wood$20 million$18 million
28 · Inorganic chemicals$14 million$84 million
34 · Soap and cleaning products$13 million$86 million
11 · Milling products and malt$11 million$59 million
04 · Dairy, eggs and honey$10 million$90 million
86 · Railway equipment$9 million$56 million
48 · Paper and paperboard$9 million$96 million
39 · Plastics$8 million$489 million
87 · Vehicles$7 million$840 million
09 · Coffee, tea and spices$7 million$11 million
07 · Vegetables$7 million$31 million
68 · Stone, plaster and cement articles$7 million$24 million
69 · Ceramics$7 million$54 million
08 · Fruit and nuts$6 million$9 million
20 · Preserved fruit and vegetables$5 million$39 million
38 · Miscellaneous chemicals$5 million$166 million
19 · Baked goods and cereal products$4 million$63 million
78 · Lead$3 million$516 thousand
16 · Prepared meat and fish$3 million$64 million
15 · Fats and oils$3 million$301 million
82 · Tools and cutlery$3 million$57 million
94 · Furniture and lighting$3 million$174 million
40 · Rubber$2 million$164 million
17 · Sugar and sweets$2 million$170 million
83 · Miscellaneous metal goods$2 million$220 million
01 · Live animals$2 million$6 million
18 · Cocoa and chocolate$2 million$13 million
63 · Home textiles and used clothing$2 million$94 million
64 · Footwear$1 million$68 million
93 · Weapons and ammunition$1 million$18 million
79 · Zinc$1 million$2 million
10 · Cereals$1 million$923 million
21 · Food preparations$1 million$84 million
36 · Explosives and matches$1 million$15 million
91 · Watches and clocks$629 thousand$7 million
75 · Nickel$618 thousand$9 million
57 · Carpets and rugs$545 thousand$4 million
29 · Organic chemicals$544 thousand$62 million
61 · Knitted clothing$521 thousand$31 million
31 · Fertilizers$466 thousand$110 million
24 · Tobacco$465 thousand$21 million
33 · Perfumes and cosmetics$442 thousand$89 million
32 · Dyes, paints and tanning agents$353 thousand$82 million
12 · Oilseeds and grains$340 thousand$35 million
96 · Other manufactured goods$337 thousand$18 million
02 · Meat and offal$310 thousand$404 million
30 · Pharmaceuticals$287 thousand$249 million
97 · Art and antiques$286 thousand$382 thousand
54 · Synthetic filaments$271 thousand$11 million
56 · Felt, nonwovens and rope$255 thousand$49 million
62 · Woven clothing$255 thousand$84 million
26 · Ores and slag$234 thousand$9 million
42 · Leather goods and bags$197 thousand$36 million
05 · Other animal products$184 thousand$4 million
49 · Books and printed matter$161 thousand$187 million
46 · Wicker and basketware$154 thousand$187 thousand
95 · Toys and sports gear$147 thousand$19 million
67 · Feathers and artificial flowers$138 thousand$3 million
52 · Cotton$69 thousand$4 million
59 · Coated and technical textiles$63 thousand$8 million
35 · Glues, starches and enzymes$60 thousand$21 million
58 · Special fabrics and lace$51 thousand$4 million
41 · Hides and leather$51 thousand$527 thousand
55 · Synthetic staple fibers$38 thousand$13 million
65 · Hats$38 thousand$5 million
06 · Live plants and flowers$37 thousand$1 million
13 · Gums and plant extracts$32 thousand$5 million
92 · Musical instruments$26 thousand$1 million
81 · Other base metals$23 thousand$2 million
66 · Umbrellas and canes$19 thousand$2 million
47 · Wood pulp$6 thousand$20 million
14 · Other plant products$4 thousand$111 thousand
51 · Wool$2 thousand$195 thousand
50 · Silk$2 thousand$380 thousand
37 · Photographic goods$814$2 million
60 · Knitted fabric$797$6 million
45 · Cork$578$506 thousand
53 · Other plant fibers$483$373 thousand
43 · Fur and fur goods$179$47 thousand
80 · Tin$5$2 million

Trading partners

China is its main destination (37.7% of exports) and source (16.5% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China15.837.7%Sea
India614.3%Sea
Spain2.76.5%Sea
United States2.66.2%Sea
France1.84.2%Sea
Indonesia1.74.1%Sea
United Arab Emirates1.23%Air
Singapore1.22.8%Sea
Brazil0.992.4%Sea
South Africa0.822%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China2.416.5%Sea
Portugal1.38.8%Sea
United Kingdom1.17.3%Air
India0.855.8%Sea
United States0.835.6%Sea
South Korea0.674.5%Sea
Belgium0.624.2%Sea
Italy0.583.9%Sea
France0.573.9%Sea
Brazil0.543.7%Sea

Overview 1995–2024

In 2024, Angola accounted for 0.18% of world exports, compared with 0.07% in 1995.

Exports and imports

Exports grew 11.6-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 41.9
  • Imports 14.8
  • Balance +27.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.6 billion$1.7 billion$1.9 billion
1996$4.7 billion$1.8 billion$2.8 billion
1997$4.7 billion$2.2 billion$2.5 billion
1998$3.8 billion$1.9 billion$1.9 billion
1999$4.8 billion$1.9 billion$2.9 billion
2000$8 billion$1.9 billion$6.1 billion
2001$6.6 billion$3.2 billion$3.4 billion
2002$7.9 billion$2.9 billion$5 billion
2003$9.3 billion$4.3 billion$5 billion
2004$14 billion$7.1 billion$7 billion
2005$23.2 billion$10 billion$13.1 billion
2006$32.6 billion$12.3 billion$20.3 billion
2007$42.9 billion$12.6 billion$30.2 billion
2008$67.4 billion$24.6 billion$42.8 billion
2009$40.5 billion$24.2 billion$16.3 billion
2010$54.2 billion$19.5 billion$34.7 billion
2011$66.2 billion$22.8 billion$43.4 billion
2012$75.1 billion$29.2 billion$45.9 billion
2013$72.6 billion$30.3 billion$42.3 billion
2014$62.1 billion$29.1 billion$33 billion
2015$37.7 billion$21.9 billion$15.7 billion
2016$30.9 billion$13.1 billion$17.8 billion
2017$38.6 billion$15.2 billion$23.4 billion
2018$44 billion$16.1 billion$27.9 billion
2019$38.8 billion$15 billion$23.8 billion
2020$26.1 billion$9.8 billion$16.3 billion
2021$34.6 billion$12 billion$22.6 billion
2022$53.9 billion$18.6 billion$35.3 billion
2023$42.3 billion$17.1 billion$25.3 billion
2024$41.9 billion$14.8 billion$27.1 billion

World rank

Angola rose from 70th to 63rd among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 70th in 1995
  • 63rd in 2024

Source: CEPII BACI

Show the numbers
YearRank
199570th
199669th
199771st
199877th
199973rd
200063rd
200170th
200267th
200369th
200462nd
200557th
200655th
200753rd
200848th
200954th
201052nd
201153rd
201251st
201348th
201454th
201556th
201659th
201758th
201857th
201959th
202067th
202166th
202261st
202362nd
202463rd

What it sells

Its top export group is still oil, gas and coal: 83% in 2024

% of exports by Harmonized System chapter.

  • Other 1%
  • Aluminum 0%
  • Aircraft and spacecraft 0%
  • Salt, stone and cement 0%
  • Iron and steel 0%
  • Mechanical machinery 0%
  • Ships and boats 6%
  • Gems and precious metals 8%
  • Oil, gas and coal 83%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal94%83.2%
Gems and precious metals4.5%8%
Ships and boats0%6.5%
Mechanical machinery0.14%0.48%
Iron and steel0.01%0.21%
Salt, stone and cement0.05%0.21%
Aircraft and spacecraft0.05%0.16%
Aluminum0.04%0.11%
Other1.2%1.2%

Who it trades with

The United States went from 50% to 6% of Angola's trade

% of total trade (exports + imports) with each partner.

  • China 32%
  • India 12%
  • United States 6%
  • Spain 5%
  • France 4%

Source: CEPII BACI

Show the numbers
Partner19952024
China3%32.2%
India0.18%12.1%
United States50.2%6.1%
Spain3%5.1%
France9%4.1%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Lower Congo basin (deepwater)Oil and gas · 18.6 Mt CO₂e
  • Lower Congo basin (conventional offshore)Oil and gas · 6.9 Mt CO₂e
  • Mazozo Cement PlantCement · 1.4 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Luanda$132 billion (PPP, 2021 dollars)
  • Lubango$10.2 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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