2022
Exports
$47kWorld Rnk 118 / 195
Flag Rnk 354 / 947
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$8.43MWorld Rnk 89 / 224
Flag Rnk 291 / 1190
2022
ECONOMIC COMPLEXITY of Angola
-1.55Rnk 126 / 133

About

Exports In 2022, Angola exported $47k in Lubricating Products, making it the 118th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 354th most exported product in Angola. The main destination of Lubricating Products exports from Angola are: Spain ($12.8k), Argentina ($9.37k), Norway ($6.45k), South Africa ($5.52k), and France ($5.08k).

The fastest growing export markets for Lubricating Products of Angola between 2021 and 2022 were Spain ($12.6k), Argentina ($9.37k), and Norway ($6.06k).

Imports In 2022, Angola imported $8.43M in Lubricating Products, becoming the 89th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 291st most imported product in Angola. Angola imports Lubricating Products primarily from: Portugal ($2.26M), Germany ($1.08M), South Africa ($1.07M), United States ($1.04M), and France ($745k).

The fastest growing import markets in Lubricating Products for Angola between 2021 and 2022 were Germany ($705k), Portugal ($345k), and South Africa ($323k).

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 Lubricating Products. 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)$47k
IMPORTS (2022)$8.43M
NET TRADE (2022)-$8.38M

In 2022, Angola exported $47k in Lubricating Products. The main destinations of Angola exports on Lubricating Products were Spain ($12.8k), Argentina ($9.37k), Norway ($6.45k), South Africa ($5.52k), and France ($5.08k).

In 2022, Angola imported $8.43M in Lubricating Products, mainly from Portugal ($2.26M), Germany ($1.08M), South Africa ($1.07M), United States ($1.04M), and France ($745k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Angola WERE (2021 - 2022):
Spain$12.6k (8.54k%)
Argentina$9.37k (1%)
Norway$6.06k (1.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Angola WERE (2021 - 2022):
Namibia-$8.68k (-85.2%)
Ghana-$5.75k (-100%)
India-$3.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Angola's main exporting competitors in Lubricating Products were:
In 2022, Angola's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $8.22k
TOP IMPORT POTENTIALGermany+ $699k

Lubricating Products’s highest export potential is France. With an export gap of $8.22k.   Lubricating Products’s highest import potential is Germany with an import gap of $699k.

See methodology.

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