Angola (AGO) and China (CHN) Trade | The Observatory of Economic Complexity

About

Angola-China Trade: In 2022, Angola exported $21.8B to China. The main products that Angola exported to China were Crude Petroleum ($21.5B), Petroleum Gas ($132M), and Granite ($89.3M). Over the past 5 years the exports of Angola to China have increased at an annualized rate of 2.02%, from $19.7B in 2017 to $21.8B in 2022.

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

China-Angola Trade: In 2022, China exported $3.91B to Angola. The main products that China exported to Angola were Coated Flat-Rolled Iron ($111M), Rubber Footwear ($94.4M), and Other Furniture ($92.7M). Over the past 5 years the exports of China to Angola have increased at an annualized rate of 11.2%, from $2.3B in 2017 to $3.91B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $21.8B to China. The main products exported from Angola to China were Crude Petroleum ($21.5B), Petroleum Gas ($132M), and Granite ($89.3M). During the last 5 years the exports of Angola to China have increased at an annualized rate of 60.6%, from $454k in 2013 to $21.8B in 2022.

In 2017, China exported $3.91B to Angola. The main products exported from China to Angola were Coated Flat-Rolled Iron ($111M), Rubber Footwear ($94.4M), and Other Furniture ($92.7M). During the last 5 years the exports of China to Angola have increased at an annualized rate of 11.2%, from $2.3B in 2022 to $3.91B in 2017.

Exports from Angola () to China () (2022)

Exports from China () to Angola () (2022)

Latest Data

Trade between Angola () and China ()

Angola Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Angola than China included Gibraltar ($112M) and Sao Tome and Principe ($41M).

In 2022, countries that imported more from China than Angola included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Angola - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with China in the exports of Mineral Products ($21.8B), Metals ($29M), and Wood Products ($12.1M).

During 2017, China had a large net trade with Angola in the exports of Machines ($950M), Metals ($527M), and Transportation ($521M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola China+$1.12BPetroleum Gas

Top Product Potential China Angola+$76.9MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to China () (2022)

Exports from China () to Angola () (2022)

Latest Data

Trade between Angola () and China ()

Angola Exports

China Exports

Market Competitiveness

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

Comparative Advantage Angola - China

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring