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Pricing

2022
Flag → Flag
Exports $1.59BRnk 9 / 208
2022
Flag → Flag
Top Product $74MPackaged Medicaments
2022
Flag → Flag
Exports $620MRnk 16 / 150
2022
Flag → Flag
Top Product $583MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 40 / 124
2022
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Economic Complexity (ECI) ECI -1.4Rnk 118 / 124
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
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 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
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GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
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GDP PC$2,999CURRENT US$
Rnk 135 / 186
2012-2022
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GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186

About

Portugal-Angola In 2022, Portugal exported $1.59B to Angola. The main products that Portugal exported to Angola are Packaged Medicaments ($74M), Soybean Oil ($56M), and Wine ($51.5M). During the last 27 years the exports of Portugal to Angola have increased at an annualized rate of 5.87%, from $341M in 1995 to $1.59B in 2022.

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

Angola-Portugal In 2022, Angola exported $620M to Portugal. The main products that Angola exported to Portugal were Crude Petroleum ($583M), Crustaceans ($8.36M), and Bananas ($6.22M). During the last 27 years the exports of Angola to Portugal have increased at an annualized rate of 15.6%, from $12.4M in 1995 to $620M in 2022.

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

Comparison In 2022,  Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B). That same year, Angola ranked 118 in the Economic Complexity Index (ECI -1.4), and 58 in total exports ($54.1B).

Latest Trends

January, 2024

About

Overview In January 2024, Portugal exported €69.8M and imported €4.21M from Angola, resulting in a positive trade balance of €65.6M. Between January 2023 and January 2024 the exports of Portugal have decreased by €-60.8M (-46.6%) from €131M to €69.8M, while imports decreased by €-77.2M (-94.8%) from €81.4M to €4.21M.

Trade In January 2024, the top exports of Portugal to Angola were Machinery, mechanical appliances, & parts (€24M), Electrical machinery and electronics (€15.1M), Iron or steel articles (€8.33M), Optical, photo, & film equipment; medical... (€6.94M), and Pharmaceutical products (€6.37M). In January 2024 the top imports of Portugal from Angola were Mineral fuels, mineral oils and products... (€76.7M), Fish, crustaceans, & molluscs (€1.77M), Machinery, mechanical appliances, & parts (€1M), Edible fruits, nuts & fruit peels (€961k), and Wood, wood articles, & charcoal (€315k).

Growth In January 2024, the decrease in Portugal's year-by-year exports to Angola was explained primarily by an decrease in product exports in Optical, photo, & film equipment; medical... (€-2.18M or -23.9%), Animal or vegetable fats, oils, &... (€-1.65M or -36.3%), and Chemical products n.e.s. (€-1.07M or -47%). In January 2024, the decrease in Portugal's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in Food residues & wastes; animal fodder (€-367k or -85.3%), Wood, wood articles, & charcoal (€-143k or -31.2%), and Coffee, tea, mate & spices (€-85.7k or -70.3%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-60.8M(-46.6%)
IMPORT GROWTH (January 2023 - January 2024)€-77.2M(-94.8%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Angola and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1.59B to Angola. The main products exported from Portugal to Angola were Packaged Medicaments ($74M), Soybean Oil ($56M), and Wine ($51.5M). During the last 27 years the exports of Portugal to Angola have increased at an annualized rate of 5.87%, from $341M in 1995 to $1.59B in 2022.

In 2022, Angola exported $620M to Portugal. The main products exported from Angola to Portugal were Crude Petroleum ($583M), Crustaceans ($8.36M), and Bananas ($6.22M). During the last 27 years the exports of Angola to Portugal have increased at an annualized rate of 15.6%, from $12.4M in 1995 to $620M in 2022.

Exports from Portugal (Flag) to Angola (Flag) (2022)

Exports from Angola (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Angola
Top DestinationChina$21.8B

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

In 2021, countries that imported more from Portugal than Angola were Spain ($20.5B), Germany ($8.76B), and France ($9.49B).

In 2021, countries that imported more from Angola than Portugal were China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

Difference in imports from Angola (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Angola

Flow
Scale

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

During 2022, Portugal had a large net trade with Angola in the exports of Machines ($470M), Chemical Products ($190M), and Foodstuffs ($151M).

During 2022, Angola had a large net trade with Portugal in the exports of Mineral Products ($587M), Vegetable Products ($9.2M), and Animal Products ($8.8M).

Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and Angola (Flag) (2022)

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