2022
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GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
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GDP GROWTH
-14.6%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$2,999CURRENT US$
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2012-2022
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GDP PC GROWTH
-39.6%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Angola-South Korea In 2022, Angola exported $637k to South Korea. The main products that Angola exported to South Korea are Raw Lead ($414k), Motor vehicles; parts and accessories (8701 to 8705) ($112k), and Gold ($63k). During the last 27 years the exports of Angola to South Korea have decreased at an annualized rate of 17.1%, from $99.7M in 1995 to $637k in 2022.

In 2022, Angola did not export any services to South Korea.

South Korea-Angola In 2022, South Korea exported $514M to Angola. The main products that South Korea exported to Angola were Refined Petroleum ($379M), Propylene Polymers ($26.2M), and Cars ($25.2M). During the last 27 years the exports of South Korea to Angola have increased at an annualized rate of 11%, from $30.8M in 1995 to $514M in 2022.

In 2022, South Korea did not export any services to Angola.

Comparison In 2022,  Angola ranked 118 in the Economic Complexity Index (ECI -1.4), and 58 in total exports ($54.1B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $637k to South Korea. The main products exported from Angola to South Korea were Raw Lead ($414k), Motor vehicles; parts and accessories (8701 to 8705) ($112k), and Gold ($63k). During the last 27 years the exports of Angola to South Korea have decreased at an annualized rate of 17.1%, from $99.7M in 1995 to $637k in 2022.

In 2022, South Korea exported $514M to Angola. The main products exported from South Korea to Angola were Refined Petroleum ($379M), Propylene Polymers ($26.2M), and Cars ($25.2M). During the last 27 years the exports of South Korea to Angola have increased at an annualized rate of 11%, from $30.8M in 1995 to $514M in 2022.

Exports from Angola (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and South Korea (Flag)

Angola Exports

South Korea Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
South Korea
Top Destination
China$150B

This map shows whether countries import more from Angola or South Korea. Each country is colored based on the difference in imports they receive from Angola and South Korea or the difference in the growth in imports.

In 2021, countries that imported more from Angola than South Korea were Republic of the Congo ($143M), Gibraltar ($112M), and Malawi ($97.6M).

In 2021, countries that imported more from South Korea than Angola were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - South Korea

Flow
Scale

This chart compares trade between Angola and South Korea by product, considering products traded by both, Angola and South Korea.

During 2022, Angola had a large net trade with South Korea in the exports of Metals ($415k), Transportation ($112k), and Precious Metals ($63k).

During 2022, South Korea had a large net trade with Angola in the exports of Mineral Products ($379M), Machines ($42.2M), and Plastics and Rubbers ($40.6M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Angola has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Angola.

Product Space of Angola (Flag) and South Korea (Flag) (2022)

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