Angola (AGO) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Angola-Brazil Trade: In 2022, Angola exported $799M to Brazil. The main products that Angola exported to Brazil were Crude Petroleum ($539M), Refined Petroleum ($238M), and Coal Tar Oil ($14.8M). Over the past 5 years the exports of Angola to Brazil have increased at an annualized rate of 20.8%, from $310M in 2017 to $799M in 2022.

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

Brazil-Angola Trade: In 2022, Brazil exported $681M to Angola. The main products that Brazil exported to Angola were Poultry Meat ($133M), Raw Sugar ($114M), and Wheat ($59M). Over the past 5 years the exports of Brazil to Angola have decreased at an annualized rate of 0.42%, from $702M in 2017 to $681M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $799M to Brazil. The main products exported from Angola to Brazil were Crude Petroleum ($539M), Refined Petroleum ($238M), and Coal Tar Oil ($14.8M). During the last 5 years the exports of Angola to Brazil have increased at an annualized rate of 20.8%, from $310M in 2017 to $799M in 2022.

In 2017, Brazil exported $681M to Angola. The main products exported from Brazil to Angola were Poultry Meat ($133M), Raw Sugar ($114M), and Wheat ($59M). During the last 5 years the exports of Brazil to Angola have decreased at an annualized rate of 0.42%, from $702M in 2022 to $681M in 2017.

Exports from Angola () to Brazil () (2022)

Exports from Brazil () to Angola () (2022)

Latest Data

Trade between Angola () and Brazil ()

Angola Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Angola than Brazil included United Arab Emirates ($3.63B), France ($3.8B), and Malawi ($97.6M).

In 2022, countries that imported more from Brazil than Angola included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Angola () (2022)

Comparative Advantage Angola - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Brazil in the exports of Mineral Products ($793M), Transportation ($4.72M), and Metals ($430k).

During 2017, Brazil had a large net trade with Angola in the exports of Animal Products ($200M), Foodstuffs ($195M), and Vegetable Products ($76.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Brazil+$280MCrude Petroleum

Top Product Potential Brazil Angola+$7.21MDelivery Trucks

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 Brazil. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Angola.

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Brazil () (2022)

Exports from Brazil () to Angola () (2022)

Latest Data

Trade between Angola () and Brazil ()

Angola Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Angola () (2022)

Comparative Advantage Angola - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Brazil () (2022)

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