2022
Exports
$1.49MWorld Rnk 152 / 210
Flag Rnk 45 / 95
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes
0.8Rnk 244 / 1025
2022
Imports
$668MWorld Rnk 56 / 224
Flag Rnk 6 / 96
2022
ECONOMIC COMPLEXITY of Angola
-1.55Rnk 126 / 133

About

Exports In 2022, Angola exported $1.49M in Animal or vegetable fats, oils, & waxes, making it the 152nd largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 45th most exported product in Angola. The main destination of Animal or vegetable fats, oils, & waxes exports from Angola are: Republic of the Congo ($1.03M), Democratic Republic of the Congo ($240k), Cameroon ($62.4k), Chile ($56.1k), and Sao Tome and Principe ($43.6k).

The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Angola between 2021 and 2022 were Republic of the Congo ($605k), Democratic Republic of the Congo ($161k), and Cameroon ($62.4k).

Imports In 2022, Angola imported $668M in Animal or vegetable fats, oils, & waxes, becoming the 56th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 6th most imported product in Angola. Angola imports Animal or vegetable fats, oils, & waxes primarily from: Indonesia ($263M), Malaysia ($238M), Portugal ($78.2M), Brazil ($25.7M), and Paraguay ($15.2M).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Angola between 2021 and 2022 were Indonesia ($140M), Malaysia ($100M), and Portugal ($21.2M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal or vegetable fats, oils, & waxes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.49M
IMPORTS (2022)$668M
NET TRADE (2022)-$666M

In 2022, Angola exported $1.49M in Animal or vegetable fats, oils, & waxes. The main destinations of Angola exports on Animal or vegetable fats, oils, & waxes were Republic of the Congo ($1.03M), Democratic Republic of the Congo ($240k), Cameroon ($62.4k), Chile ($56.1k), and Sao Tome and Principe ($43.6k).

In 2022, Angola imported $668M in Animal or vegetable fats, oils, & waxes, mainly from Indonesia ($263M), Malaysia ($238M), Portugal ($78.2M), Brazil ($25.7M), and Paraguay ($15.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal or vegetable fats, oils, & waxes EXPORT MARKETS FOR Angola WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal or vegetable fats, oils, & waxes BY Angola WERE (2021 - 2022):
Chile-$113k (-66.8%)
Spain-$1.69k (-100%)
Liberia-$114 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Angola's main exporting competitors in Animal or vegetable fats, oils, & waxes were:
In 2022, Angola's main importing competitors in Animal or vegetable fats, oils, & waxes were:

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChile+ $25.8k
TOP IMPORT POTENTIALBrazil+ $5.64M

Animal or vegetable fats, oils, & waxes’s highest export potential is Chile. With an export gap of $25.8k.   Animal or vegetable fats, oils, & waxes’s highest import potential is Brazil with an import gap of $5.64M.

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