Angola (AGO) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Angola-Hong Kong Trade: In 2023, Angola exported $30.8M to Hong Kong. The main products that Angola exported to Hong Kong were Diamonds ($29.9M), Dried/Salted/Smoked/Brined Fish ($832k), and Telephones ($9.86k). Over the past 5 years the exports of Angola to Hong Kong have decreased at an annualized rate of 12.8%, from $60.9M in 2018 to $30.8M in 2023.

In 2023, Angola did not export any services to Hong Kong.

Hong Kong-Angola Trade: In 2023, Hong Kong exported $44M to Angola. The main products that Hong Kong exported to Angola were Broadcasting Equipment ($8.93M), Hydrometers ($7.09M), and Medical Instruments ($6.12M). Over the past 5 years the exports of Hong Kong to Angola have increased at an annualized rate of 0.17%, from $42.9M in 2018 to $44M in 2023.

In 2023, Hong Kong did not export any services to Angola.

Comparison: In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Angola exported $30.8M to Hong Kong. The main products exported from Angola to Hong Kong were Diamonds ($29.9M), Dried/Salted/Smoked/Brined Fish ($832k), and Telephones ($9.86k). During the last 5 years the exports of Angola to Hong Kong have decreased at an annualized rate of 12.8%, from $60.9M in 2018 to $30.8M in 2023.

In 2018, Hong Kong exported $44M to Angola. The main products exported from Hong Kong to Angola were Broadcasting Equipment ($8.93M), Hydrometers ($7.09M), and Medical Instruments ($6.12M). During the last 5 years the exports of Hong Kong to Angola have increased at an annualized rate of 0.17%, from $42.9M in 2023 to $44M in 2018.

Exports from Angola () to Hong Kong () (2023)

Exports from Hong Kong () to Angola () (2023)

Latest Data

Trade between Angola () and Hong Kong ()

Angola Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Angola than Hong Kong included Spain ($2.65B), Republic of the Congo ($1.24B), and France ($1.79B).

In 2023, countries that imported more from Hong Kong than Angola included Vietnam ($14.4B), South Korea ($9.5B), and China ($25.3B).

Difference in imports from Hong Kong () and Angola () (2023)

Comparative Advantage Angola - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Angola had a large net trade with Hong Kong in the exports of N/A.

During 2018, Hong Kong had a large net trade with Angola in the exports of Machines ($18.5M), Instruments ($16.4M), and Textiles ($3.36M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Hong Kong+$64.2MDiamonds

Top Product Potential Hong Kong Angola+$8.28MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Hong Kong () (2023)

Exports from Hong Kong () to Angola () (2023)

Latest Data

Trade between Angola () and Hong Kong ()

Angola Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Angola () (2023)

Comparative Advantage Angola - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Hong Kong () (2023)

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