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Trade between Angola and Singapore

In 2024, Angola exported $1.2 billion to Singapore and imported $408 million. Angola ran a surplus of $783 million with Singapore, compared with a surplus of $52 million in 2019. Singapore was Angola’s 9th largest trading partner (3% of its trade), and Angola was Singapore’s 39th (0.2%).

Summary

Angola → Singapore
$1.2billion
Singapore → Angola
$408million
Angola’s balance
$783million

Balance

Angola’s trade balance with Singapore

Trade between Angola and Singapore grew 202.7-fold since 1995

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

  • Exports 1.2
  • Imports 0.4
  • Balance +0.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$47 thousand$8 million-$8 million
1996$0$11 million-$11 million
1997$0$67 million-$67 million
1998$12 million$18 million-$6 million
1999$0$14 million-$14 million
2000$8 million$26 million-$17 million
2001$110 thousand$37 million-$37 million
2002$64 million$35 million$29 million
2003$1 million$51 million-$49 million
2004$490 thousand$50 million-$50 million
2005$49 million$71 million-$22 million
2006$20 million$90 million-$69 million
2007$8 million$80 million-$72 million
2008$6 million$357 million-$352 million
2009$18 million$210 million-$192 million
2010$19 million$140 million-$121 million
2011$3 million$355 million-$351 million
2012$768 thousand$1.8 billion-$1.8 billion
2013$160 million$1.4 billion-$1.2 billion
2014$105 million$1.1 billion-$962 million
2015$454 million$611 million-$157 million
2016$157 million$312 million-$155 million
2017$338 million$439 million-$101 million
2018$401 million$1.5 billion-$1.1 billion
2019$282 million$230 million$52 million
2020$398 million$113 million$285 million
2021$757 million$62 million$695 million
2022$422 million$77 million$345 million
2023$555 million$229 million$326 million
2024$1.2 billion$408 million$783 million

What they sell each other

What Angola sells to Singapore

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

  1. Crude petroleum$596 million · 50.1%
    1.1 million tonnes · Angola’s destinations
  2. Dredgers and floating cranes$593 million · 49.8%
    151 thousand tonnes
  3. Parts for cranes and excavators$512 thousand · 0.04%
    12 tonnes
  4. Other industrial machines$223 thousand · 0.02%
    1 tonne
  5. Engine parts$168 thousand · 0.01%
    8 tonnes
  6. 1 tonne
  7. Flexible metal tubing$115 thousand · 0.01%
    3 tonnes
  8. Audio and video equipment parts$107 thousand · 0.01%
    48 tonnes
  9. Flow, level and pressure meters$103 thousand · 0.01%
    3 tonnes
  10. Diamonds$83 thousand · 0.01%
    Angola’s destinations

What Singapore sells to Angola

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

  1. Refined petroleum$284 million · 69.7%
    6 thousand tonnes · Singapore’s destinations
  2. Cargo and cruise ships$23 million · 5.5%
    11 thousand tonnes · Singapore’s destinations
  3. Large-diameter steel pipes$14 million · 3.4%
    633 tonnes
  4. Other industrial machines$13 million · 3.2%
    375 tonnes
  5. Seamless steel pipes$8 million · 1.9%
    131 thousand tonnes
  6. 80 tonnes
  7. Valves and taps$6 million · 1.4%
    75 tonnes
  8. Centrifuges and filters$4 million · 1%
    102 tonnes
  9. 216 tonnes
  10. Palm oil$3 million · 0.82%
    3 thousand tonnes

How it travels

Estimated sea route from Luanda to Singapore.

The estimated sea route between Luanda and Singapore is 7,377 nautical miles (13,661 km) long: ≈ 17–22 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope; and Strait of Malacca and Singapore.

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$1.6 billion · 98.3%
  2. Air$28 million · 1.7%

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

How much each matters to the other

Singapore was Angola’s 9th largest trading partner (3% of its trade), and Angola was Singapore’s 39th (0.2%).

Singapore in Angola’s trade
2.8%
Singapore’s rank among Angola’s partners
9th
Angola in Singapore’s trade
0.2%
Angola’s rank among Singapore’s partners
39th

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.

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