Angola (AGO) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Angola-Bangladesh Trade: In 2023, Angola exported $123M to Bangladesh. The main products that Angola exported to Bangladesh were Petroleum Gas ($123M), Bran ($77.2k), and Surveying Equipment ($120). Over the past 6 years the exports of Angola to Bangladesh have increased at an annualized rate of 215%, from $126k in 2017 to $123M in 2023.

In 2023, Angola did not export any services to Bangladesh.

Bangladesh-Angola Trade: In 2023, Bangladesh exported $1.42M to Angola. The main products that Bangladesh exported to Angola were Knit T-shirts ($571k), Knit Sweaters ($512k), and Packaged Medicaments ($138k). Over the past 6 years the exports of Bangladesh to Angola have increased at an annualized rate of 4.17%, from $1.16M in 2017 to $1.42M in 2023.

In 2023, Bangladesh did not export any services to Angola.

Comparison: In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Angola exported $123M to Bangladesh. The main products exported from Angola to Bangladesh were Petroleum Gas ($123M), Bran ($77.2k), and Surveying Equipment ($120). During the last 6 years the exports of Angola to Bangladesh have increased at an annualized rate of 215%, from $126k in 2017 to $123M in 2023.

In 2018, Bangladesh exported $1.42M to Angola. The main products exported from Bangladesh to Angola were Knit T-shirts ($571k), Knit Sweaters ($512k), and Packaged Medicaments ($138k). During the last 5 years the exports of Bangladesh to Angola have increased at an annualized rate of 4.17%, from $1.16M in 2023 to $1.42M in 2018.

Exports from Angola () to Bangladesh () (2023)

Exports from Bangladesh () to Angola () (2023)

Latest Data

Trade between Angola () and Bangladesh ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Angola than Bangladesh included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

In 2023, countries that imported more from Bangladesh than Angola included Germany ($8.28B), United States ($8.58B), and United Kingdom ($4.25B).

Difference in imports from Bangladesh () and Angola () (2023)

Comparative Advantage Angola - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Angola had a large net trade with Bangladesh in the exports of Mineral Products ($123M), Foodstuffs ($77.2k), and Instruments ($120).

During 2018, Bangladesh had a large net trade with Angola in the exports of Textiles ($1.24M), Chemical Products ($138k), and Machines ($18.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Bangladesh+$6.48kRefined Petroleum

Top Product Potential Bangladesh Angola+$4.03kKnit T-shirts

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Bangladesh () (2023)

Exports from Bangladesh () to Angola () (2023)

Latest Data

Trade between Angola () and Bangladesh ()

Angola Exports

Market Competitiveness

Difference in imports from Bangladesh () and Angola () (2023)

Comparative Advantage Angola - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Bangladesh () (2023)

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