China / Angola

Overview In May 2024, China exported $347M and imported $1.31B from Angola, resulting in a negative trade balance of $964M. Between May 2023 and May 2024 the exports of China have decreased by $-99.6M (-22.3%) from $446M to $347M, while imports decreased by $-434M (-24.9%) from $1.74B to $1.31B.

Trade In May 2024, the top exports of China to Angola were Rubber Footwear ($24.6M), Motor vehicles; parts and accessories (8701... ($16M), Other Furniture ($14.8M), Motorcycles and cycles ($13.4M), and Knit Women's Suits ($9.39M). In May 2024 the top imports of China from Angola were Crude Petroleum ($1.54B), Petroleum Gas ($31.1M), Granite ($3.69M), Refined Copper ($1.67M), and Raw Aluminium ($1.16M).

Origins In May 2024 the exports of China were mainly from Zhejiang Province ($95.9M), Guangdong Province ($56.7M), Shandong Province ($48.6M), Beijing ($32.1M), and Jiangsu Province ($23.7M), while imports destinations were mainly Beijing ($1.11B), Zhejiang Province ($183M), Jiangsu Province ($13.3M), Fujian Province ($6.5M), and Guangdong Province ($698k).

Growth In May 2024, the decrease in China's year-by-year exports to Angola was explained primarily by an decrease in product exports in Trailers and semi-trailers, not mechanically propelled... ($-8.79M or -74.6%), Synthetic Filament Yarn Woven Fabric ($-7.17M or -69.7%), and Telephones ($-6.83M or -43%). In May 2024, the decrease in China's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in Crude Petroleum ($-123M or -7.39%), Petroleum Gas ($-36.1M or -53.7%), and Raw Aluminium ($-1.92M or -62.4%).