Angola (AGO) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Angola-Greece Trade: In 2022, Angola exported $96.5k to Greece. The main products that Angola exported to Greece were Densified Wood ($24k), Sawn Wood ($20.4k), and Liquid Pumps ($17.8k). Over the past 5 years the exports of Angola to Greece have decreased at an annualized rate of 13.5%, from $200k in 2017 to $96.5k in 2022.

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

Greece-Angola Trade: In 2022, Greece exported $4.91M to Angola. The main products that Greece exported to Angola were Refrigerators ($662k), Iron Structures ($566k), and Aluminium Foil ($532k). Over the past 5 years the exports of Greece to Angola have increased at an annualized rate of 10.7%, from $2.95M in 2017 to $4.91M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $96.5k to Greece. The main products exported from Angola to Greece were Densified Wood ($24k), Sawn Wood ($20.4k), and Liquid Pumps ($17.8k). During the last 5 years the exports of Angola to Greece have decreased at an annualized rate of 13.5%, from $200k in 2017 to $96.5k in 2022.

In 2017, Greece exported $4.91M to Angola. The main products exported from Greece to Angola were Refrigerators ($662k), Iron Structures ($566k), and Aluminium Foil ($532k). During the last 5 years the exports of Greece to Angola have increased at an annualized rate of 10.7%, from $2.95M in 2022 to $4.91M in 2017.

Exports from Angola () to Greece () (2022)

Exports from Greece () to Angola () (2022)

Latest Data

Trade between Angola () and Greece ()

Angola Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Angola than Greece included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

In 2022, countries that imported more from Greece than Angola included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Angola - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Greece in the exports of Wood Products ($44.4k), Machines ($33.6k), and Metals ($12.6k).

During 2017, Greece had a large net trade with Angola in the exports of Machines ($1.35M), Metals ($1.32M), and Chemical Products ($741k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Greece+$51.9kSawn Wood

Top Product Potential Greece Angola+$657kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Greece () (2022)

Exports from Greece () to Angola () (2022)

Latest Data

Trade between Angola () and Greece ()

Angola Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Angola - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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