2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Angola-Argentina Trade: In 2022, Angola exported $10.7k to Argentina. The main products that Angola exported to Argentina were Lubricating Products ($9.37k), Other Heating Machinery ($1.34k), and Other Plastic Products ($5). Over the past 5 years the exports of Angola to Argentina have decreased at an annualized rate of 71.9%, from $6.13M in 2017 to $10.7k in 2022.

In 2022, Angola did not export any services to Argentina.

Argentina-Angola Trade: In 2022, Argentina exported $155M to Angola. The main products that Argentina exported to Angola were Wheat ($91M), Corn ($29.4M), and Poultry Meat ($8.16M). Over the past 5 years the exports of Argentina to Angola have increased at an annualized rate of 29.4%,  from $42.9M in 2017 to $155M in 2022.

In 2022, Argentina did not export any services to Angola.

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $10.7k to Argentina. The main products exported from Angola to Argentina were Lubricating Products ($9.37k), Other Heating Machinery ($1.34k), and Other Plastic Products ($5). During the last 5 years the exports of Angola to Argentina have decreased at an annualized rate of 71.9%, from $6.13M in 2017 to $10.7k in 2022.

In 2017, Argentina exported $155M to Angola. The main products exported from Argentina to Angola were Wheat ($91M), Corn ($29.4M), and Poultry Meat ($8.16M). During the last 5 years the exports of Argentina to Angola have increased at an annualized rate of 29.4%, from $42.9M in 2022 to $155M in 2017.

Exports from Angola (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Argentina (Flag)

Angola Exports

Argentina Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from Angola than Argentina included China ($21.8B), France ($3.8B), and United Arab Emirates ($3.63B).

In 2022, countries that imported more from Argentina than Angola included Brazil ($12.6B), United States ($6.99B), and Chile ($5.11B).

Difference in imports from Argentina (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Argentina

Flow
Scale

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

During 2022, Angola had a large net trade with Argentina in the exports of Chemical Products ($9.37k), Machines ($1.34k), and Plastics and Rubbers ($5).

During 2017, Argentina had a large net trade with Angola in the exports of Vegetable Products ($122M), Animal Products ($16.9M), and Foodstuffs ($5.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Argentina+$7.79kPetroleum Gas
Top Product Potential Argentina Angola+$4.84kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Angola and Argentina. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Angola.

Product Space of Angola (Flag) and Argentina (Flag) (2022)

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