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Who buys Angola’s crude oil? Export destinations 2024

In 2024, Angola exported $31.9 billion of crude oil (53 million tonnes), 2.4% of the world total. Its main destinations were China (48%), India (11%) and Spain (7%). Angola was the world’s 12th-largest exporter of crude oil.

Summary

Value
$31.9billion
Tonnes
53million tonnes
Share of world total
2.4%
World rank
12th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China15.3Tonnes: 28,721,490USD per tonne: $53448.1%Sea
India3.5Tonnes: 4,784,411USD per tonne: $73411%Sea
Spain2.2Tonnes: 3,556,595USD per tonne: $6247%Sea
Indonesia1.7Tonnes: 2,735,465USD per tonne: $6195.3%Sea
France1.7Tonnes: 2,515,836USD per tonne: $6575.2%Sea
United States1.6Tonnes: 2,800,223USD per tonne: $5725%Sea
Brazil0.91Tonnes: 1,657,052USD per tonne: $5482.9%Sea
South Africa0.79Tonnes: 1,231,437USD per tonne: $6422.5%Sea
Canada0.73Tonnes: 8,985USD per tonne: $80,8982.3%Air
Singapore re-exports0.6Tonnes: 1,125,360USD per tonne: $5301.9%Sea
Netherlands re-exports0.59Tonnes: 1,093,030USD per tonne: $5381.8%Sea
Italy0.5Tonnes: 915,505USD per tonne: $5431.6%Sea
United Kingdom0.47Tonnes: 712,198USD per tonne: $6561.5%Sea
Malaysia0.38Tonnes: 514,375USD per tonne: $7441.2%Sea
Thailand0.23Tonnes: 296,367USD per tonne: $7850.73%Sea
Vietnam0.23Tonnes: 2,976USD per tonne: $76,9790.72%Air
Germany0.11Tonnes: 195,933USD per tonne: $5670.35%Sea
Gibraltar0.09Tonnes: 1,159USD per tonne: $80,1630.29%Air
Croatia0.08Tonnes: 982USD per tonne: $79,8110.25%Air
Israel0.08Tonnes: 951USD per tonne: $82,2600.25%Air

Trend

Who it sells to

China was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • China 15.3
  • India 3.5
  • Spain 2.2
  • Indonesia 1.7
  • France 1.7

Source: CEPII BACI

Show the numbers
Partner19952024
China0.1415.3
India03.5
Spain0.082.2
Indonesia01.7
France0.091.7

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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