2023
Exports
$23.3MWorld Rnk 7 / 107
Flag Rnk 19 / 940
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$32.3kWorld Rnk 110 / 175
Flag Rnk 1019 / 1186
2023
ECONOMIC COMPLEXITY of Angola
-1.23Rnk 120 / 132

About

Exports In 2023, Angola exported $23.3M in Iron Ingots, making it the 7th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 19th most exported product in Angola. The main destination of Iron Ingots exports from Angola are: Democratic Republic of the Congo ($14.5M), Senegal ($5.95M), Ghana ($1.93M), Benin ($927k), and Germany ($1.94k).

The fastest growing export markets for Iron Ingots of Angola between 2022 and 2023 were Democratic Republic of the Congo ($6.06M), Senegal ($2.38M), and Benin ($927k).

Imports In 2023, Angola imported $32.3k in Iron Ingots, becoming the 110th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1019th most imported product in Angola. Angola imports Iron Ingots primarily from: United States ($17.3k), United Kingdom ($8.24k), China ($3.23k), Portugal ($1.73k), and Namibia ($1.45k).

The fastest growing import markets in Iron Ingots for Angola between 2022 and 2023 were United States ($12k), United Kingdom ($8.24k), and China ($3.08k).

Latest Trends

Jan 2025

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 Iron Ingots. 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 (2023)$23.3M
IMPORTS (2023)$32.3k
NET TRADE (2023)$23.2M

In 2023, Angola exported $23.3M in Iron Ingots. The main destinations of Angola exports on Iron Ingots were Democratic Republic of the Congo ($14.5M), Senegal ($5.95M), Ghana ($1.93M), Benin ($927k), and Germany ($1.94k).

In 2023, Angola imported $32.3k in Iron Ingots, mainly from United States ($17.3k), United Kingdom ($8.24k), China ($3.23k), Portugal ($1.73k), and Namibia ($1.45k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Angola WERE (2022 - 2023):
Senegal$2.38M (66.8%)
Benin$927k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Angola WERE (2022 - 2023):Ghana-$3.44M (-64%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Angola's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Angola's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $369
TOP IMPORT POTENTIALIndia+ $864

Iron Ingots’s highest export potential is Italy. With an export gap of $369.   Iron Ingots’s highest import potential is India with an import gap of $864.

See methodology.

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