Flag Angola / Portugal Flag

Exports Flag β†’ Flag  (2018): $1.12B, Rnk 7 / 126

Top Product Flag β†’ Flag (2018): $1.1B, Crude Petroleum

Exports Flag β†’ Flag (2018): $1.98B, Rnk 8 / 201

Top Product Flag β†’ Flag (2018): $88.2M, Packaged Medicaments

Economic Complexity of Flag (2018): ECI -1.2, Rnk 120 / 137

Economic Complexity of Flag (2018): ECI 0.46, Rnk 48 / 137

GDP Flag (2018): $106B, CURRENT US$
Rnk 61 / 196

GDP GROWTH Flag (2008-2018): 19.4%, CURRENT US$
Rnk 127 / 196

GDP Flag (2018): $241B, CURRENT US$
Rnk 46 / 196

GDP GROWTH Flag (2008-2018): -8.26%, CURRENT US$
Rnk 183 / 196

GDP PC Flag (2018): $3,432, CURRENT US$
Rnk 131 / 196

GDP PC GROWTH Flag (2008-2018): -15.9%, CURRENT US$
Rnk 178 / 196

GDP PC Flag (2018): $23,408, CURRENT US$
Rnk 41 / 196

GDP PC GROWTH Flag (2008-2018): -5.79%, CURRENT US$
Rnk 162 / 196

Angola-Portugal: In 2018, Angola exported $1.12B to Portugal. The main products exported from Angola to Portugal were Crude Petroleum ($1.1B), Crustaceans ($7.76M), and Cranes ($1.67M). During the last 23 years the exports of Angola to Portugal have increased at an annualized rate of 21.6%, from $12.5M in 1995 to $1.12B in 2018.

Portugal-Angola: In 2018, Portugal exported $1.98B to Angola. The main products exported from Portugal to Angola were Packaged Medicaments ($88.2M), Soybean Oil ($77.3M), and Wine ($49.7M). During the last 23 years the exports of Portugal to Angola have increased at an annualized rate of 7.94%, from $341M in 1995 to $1.98B in 2018.

Comparison: In 2018, Angola ranked 120 in the Economic Complexity Index (ECI -1.2), and 57 in total exports ($40.9B). That same year, Portugal ranked 48 in the Economic Complexity Index (ECI 0.46), and 44 in total exports ($72B). In terms of GDP Per Capita, Angola was ranked 131 with a GDP Per Capita of $3,432, and Portugal was ranked 41 with a GDP Per Capita of $23,408.

Bilateral Trade by Products

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Depth
Value

In 2018, Angola exported $1.12B to Portugal. The main products exported from Angola to Portugal were Crude Petroleum ($1.1B), Crustaceans ($7.76M), and Cranes ($1.67M). During the last 23 years the exports of Angola to Portugal have increased at an annualized rate of 21.6%, from $12.5M in 1995 to $1.12B in 2018.

In 2018, Portugal exported $1.98B to Angola. The main products exported from Portugal to Angola were Packaged Medicaments ($88.2M), Soybean Oil ($77.3M), and Wine ($49.7M). During the last 23 years the exports of Portugal to Angola have increased at an annualized rate of 7.94%, from $341M in 1995 to $1.98B in 2018.

Market Competitiveness

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Measure

Angola
Top Destination
: China, $22.5B

Portugal
Top Destination
: Spain, $16.8B

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

In 2018, countries that imported more from Angola than Portugal were China ($22.5B), India ($3.87B), and United Arab Emirates ($2.19B).

In 2018, countries that imported more from Portugal than Angola were Spain ($16.8B), France ($9.07B), and Germany ($8.44B).

Comparative Advantage Angola - Portugal

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Depth

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

During 2018, Angola had a large net trade with Portugal in the exports of Mineral Products ($1.1B), Animal Products ($8.26M), and Machines ($7.08M).

During 2018, Portugal had a large net trade with Angola in the exports of Machines ($489M), Chemical Products ($239M), and Foodstuffs ($216M).

Tariff Section

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This sections shows import tariffs for products traded between Angola and Portugal (using the HS6 product classification and the last year reported).

In 2018, the products from Angola that paid the highest import tariffs to enter Portugal were Mineral and aerated waters not sweetened or flavoured (70%) and Ice, snow and potable water not sweetened or flavoure (70%).

In 2017, the products from Portugal that paid the highest import tariffs to enter Angola were Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (87%) and Refined sugar, in solid form, nes, pure sucrose (76.8%).

Explore Tariff Data

*The tariffs present between Angola and Portugal are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Angola and Portugal. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Angola has comparative advantage over Portugal. Similarly, the more red a dot/product is, the more Portugal has comparative advantage over Angola.