2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Brazil-Angola Trade: In 2023, Brazil exported $500M to Angola. The main products that Brazil exported to Angola were Buses ($67.9M), Poultry Meat ($62.1M), and Raw Sugar ($32.1M). Over the past 5 years the exports of Brazil to Angola have decreased at an annualized rate of 4.49%, from $628M in 2018 to $500M in 2023.

In 2023, Brazil did not export any services to Angola.

Angola-Brazil Trade: In 2023, Angola exported $759M to Brazil. The main products that Angola exported to Brazil were Crude Petroleum ($653M), Refined Petroleum ($73.6M), and Coal Tar Oil ($29.9M). Over the past 5 years the exports of Angola to Brazil have increased at an annualized rate of 16.2%,  from $358M in 2018 to $759M in 2023.

In 2023, Angola did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $500M to Angola. The main products exported from Brazil to Angola were Buses ($67.9M), Poultry Meat ($62.1M), and Raw Sugar ($32.1M). During the last 5 years the exports of Brazil to Angola have decreased at an annualized rate of 4.49%, from $628M in 2018 to $500M in 2023.

In 2018, Angola exported $759M to Brazil. The main products exported from Angola to Brazil were Crude Petroleum ($653M), Refined Petroleum ($73.6M), and Coal Tar Oil ($29.9M). During the last 5 years the exports of Angola to Brazil have increased at an annualized rate of 16.2%, from $358M in 2023 to $759M in 2018.

Exports from Brazil (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Angola
Top Destination
China$17.1B

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

In 2023, countries that imported more from Brazil than Angola included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Angola than Brazil included Republic of the Congo ($1.24B), Gibraltar ($297M), and Namibia ($165M).

Difference in imports from Angola (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Angola

Flow
Scale

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

During 2023, Brazil had a large net trade with Angola in the exports of Animal Products ($144M), Transportation ($124M), and Foodstuffs ($89.1M).

During 2018, Angola had a large net trade with Brazil in the exports of Mineral Products ($756M), Machines ($1.27M), and Metals ($467k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Angola+$7.21MDelivery Trucks
Top Product Potential Angola Brazil+$280MCrude 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

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

Product Space of Brazil (Flag) and Angola (Flag) (2023)

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