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Trade between Angola and Portugal

In 2024, Angola exported $98 million to Portugal and imported $1.3 billion. Angola ran a deficit of $1.2 billion with Portugal, compared with a deficit of $567 million in 2019. Portugal was Angola’s 11th largest trading partner (2% of its trade), and Angola was Portugal’s 21st (0.7%).

Summary

Angola → Portugal
$98million
Portugal → Angola
$1.3billion
Angola’s balance
-$1.2billion

Balance

Angola’s trade balance with Portugal

Trade between Angola and Portugal grew 3.9-fold since 1995

USD billions (current). Angola’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.1
  • Imports 1.3
  • Balance -1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$13 million$341 million-$328 million
1996$13 million$386 million-$373 million
1997$44 million$440 million-$396 million
1998$24 million$408 million-$383 million
1999$11 million$293 million-$282 million
2000$53 million$340 million-$287 million
2001$114 million$448 million-$335 million
2002$66 million$535 million-$469 million
2003$3 million$735 million-$732 million
2004$3 million$889 million-$886 million
2005$29 million$1.1 billion-$1 billion
2006$80 million$1.6 billion-$1.6 billion
2007$458 million$1.9 billion-$1.4 billion
2008$606 million$3.6 billion-$3 billion
2009$201 million$3.7 billion-$3.5 billion
2010$671 million$2.6 billion-$1.9 billion
2011$1.5 billion$3.4 billion-$2 billion
2012$2.3 billion$5.1 billion-$2.8 billion
2013$3.5 billion$4.4 billion-$871 million
2014$2.1 billion$4.6 billion-$2.5 billion
2015$1.2 billion$2.6 billion-$1.5 billion
2016$920 million$1.8 billion-$848 million
2017$329 million$2.3 billion-$2 billion
2018$1.2 billion$2.1 billion-$885 million
2019$1.2 billion$1.8 billion-$567 million
2020$444 million$1.3 billion-$825 million
2021$93 million$1.3 billion-$1.2 billion
2022$589 million$1.9 billion-$1.3 billion
2023$313 million$1.7 billion-$1.4 billion
2024$98 million$1.3 billion-$1.2 billion

What they sell each other

What Angola sells to Portugal

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$64 million · 65.5%
    126 thousand tonnes · Angola’s destinations
  2. 582 tonnes
  3. Bananas$4 million · 4.5%
    7 thousand tonnes
  4. Natural gas and LPG$3 million · 3.4%
  5. Coffee$3 million · 3%
    1 thousand tonnes
  6. Sawn wood$2 million · 2.2%
    2 thousand tonnes
  7. Prepared shellfish$2 million · 1.9%
    216 tonnes
  8. Granite and building stone$2 million · 1.8%
    5 thousand tonnes
  9. Gold$2 million · 1.6%
  10. Worked stone$802 thousand · 0.82%
    3 thousand tonnes

What Portugal sells to Angola

The top 10 headings in 2024, with their share of the total.

  1. 2 thousand tonnes · Portugal’s destinations
  2. Steel structures$47 million · 3.6%
    12 thousand tonnes
  3. Wine$42 million · 3.3%
    36 thousand tonnes
  4. Refined petroleum$40 million · 3.1%
    7 thousand tonnes · Portugal’s destinations
  5. 598 tonnes
  6. Stamps and banknotes$27 million · 2.1%
    15 tonnes
  7. Cables and wire$26 million · 2%
    2 thousand tonnes
  8. Soybean oil$26 million · 2%
    18 thousand tonnes
  9. Computers$22 million · 1.7%
    132 tonnes
  10. Control panels$20 million · 1.6%
    402 tonnes

How it travels

Estimated sea route from Luanda to Sines.

The estimated sea route between Luanda and Sines is 4,103 nautical miles (7,598 km) long: ≈ 9.5–12 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.2 billion · 87.1%
  2. Air$179 million · 12.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Portugal was Angola’s 11th largest trading partner (2% of its trade), and Angola was Portugal’s 21st (0.7%).

Portugal in Angola’s trade
2.5%
Portugal’s rank among Angola’s partners
11th
Angola in Portugal’s trade
0.7%
Angola’s rank among Portugal’s partners
21st

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.