2022
Exports
$1.41MWorld Rnk 129 / 210
Flag Rnk 98 / 947
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$468MWorld Rnk 93 / 224
Flag Rnk 3 / 1190
2022
ECONOMIC COMPLEXITY of Angola
-1.55Rnk 126 / 133

About

Exports In 2022, Angola exported $1.41M in Cars, making it the 129th largest exporter of Cars in the world. At the same year, Cars was the 98th most exported product in Angola. The main destination of Cars exports from Angola are: Sao Tome and Principe ($522k), Cape Verde ($257k), Azerbaijan ($240k), Portugal ($176k), and Guinea-Bissau ($31.2k).

The fastest growing export markets for Cars of Angola between 2021 and 2022 were Sao Tome and Principe ($391k), Cape Verde ($240k), and Azerbaijan ($240k).

Imports In 2022, Angola imported $468M in Cars, becoming the 93rd largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Angola. Angola imports Cars primarily from: United Arab Emirates ($292M), China ($51.4M), South Korea ($25.2M), India ($20.6M), and Belgium ($13.4M).

The fastest growing import markets in Cars for Angola between 2021 and 2022 were United Arab Emirates ($187M), China ($17.2M), and India ($15.5M).

Latest Trends

Aug 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 Cars. 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)$1.41M
IMPORTS (2022)$468M
NET TRADE (2022)-$466M

In 2022, Angola exported $1.41M in Cars. The main destinations of Angola exports on Cars were Sao Tome and Principe ($522k), Cape Verde ($257k), Azerbaijan ($240k), Portugal ($176k), and Guinea-Bissau ($31.2k).

In 2022, Angola imported $468M in Cars, mainly from United Arab Emirates ($292M), China ($51.4M), South Korea ($25.2M), India ($20.6M), and Belgium ($13.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Angola WERE (2021 - 2022):
Cape Verde$240k (1.46k%)
Azerbaijan$240k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Angola WERE (2021 - 2022):
Lebanon-$106k (-92.5%)
Cote d'Ivoire-$82.7k (-94.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Angola's main exporting competitors in Cars were:
In 2022, Angola's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPortugal+ $135k
TOP IMPORT POTENTIALChina+ $37.3M

Cars’s highest export potential is Portugal. With an export gap of $135k.   Cars’s highest import potential is China with an import gap of $37.3M.

See methodology.

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