Angola (AGO) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Angola-Colombia Trade: In 2022, Angola exported $4.9k to Colombia. The main products that Angola exported to Colombia were Machinery Having Individual Functions ($2.49k) and Other Iron Products ($2.41k). Over the past 5 years the exports of Angola to Colombia have decreased at an annualized rate of 89.9%, from $458M in 2017 to $4.9k in 2022.

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

Colombia-Angola Trade: In 2022, Colombia exported $5.29M to Angola. The main products that Colombia exported to Angola were Confectionery Sugar ($3.95M), Frozen Bovine Meat ($547k), and Baked Goods ($252k). Over the past 5 years the exports of Colombia to Angola have increased at an annualized rate of 22.3%, from $1.93M in 2017 to $5.29M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $4.9k to Colombia. The main products exported from Angola to Colombia were Machinery Having Individual Functions ($2.49k) and Other Iron Products ($2.41k). During the last 5 years the exports of Angola to Colombia have decreased at an annualized rate of 89.9%, from $458M in 2017 to $4.9k in 2022.

In 2017, Colombia exported $5.29M to Angola. The main products exported from Colombia to Angola were Confectionery Sugar ($3.95M), Frozen Bovine Meat ($547k), and Baked Goods ($252k). During the last 5 years the exports of Colombia to Angola have increased at an annualized rate of 22.3%, from $1.93M in 2022 to $5.29M in 2017.

Exports from Angola () to Colombia () (2022)

Exports from Colombia () to Angola () (2022)

Latest Data

Trade between Angola () and Colombia ()

Angola Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Colombia
Top DestinationUnited States$15.6B

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

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

In 2022, countries that imported more from Colombia than Angola included United States ($15.6B), Panama ($5.84B), and Turkey ($2.27B).

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

Comparative Advantage Angola - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Colombia in the exports of Machines ($2.49k) and Metals ($2.41k).

During 2017, Colombia had a large net trade with Angola in the exports of Foodstuffs ($4.21M), Animal Products ($632k), and Vegetable Products ($221k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Colombia+$7.17kCrude Petroleum

Top Product Potential Colombia Angola+$307kBaked Goods

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Colombia () (2022)

Exports from Colombia () to Angola () (2022)

Latest Data

Trade between Angola () and Colombia ()

Angola Exports

Colombia Exports

Market Competitiveness

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

Comparative Advantage Angola - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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