2022
Exports
$60World Rnk 96 / 100
Flag Rnk 898 / 947
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2022
Imports
$52.3kWorld Rnk 109 / 168
Flag Rnk 987 / 1190
2022
ECONOMIC COMPLEXITY of Angola
-1.55Rnk 126 / 133

About

Exports In 2022, Angola exported $60 in Magnesium, making it the 96th largest exporter of Magnesium in the world. At the same year, Magnesium was the 898th most exported product in Angola. The main destination of Magnesium exports from Angola are: United Kingdom ($32) and Namibia ($28).

The fastest growing export markets for Magnesium of Angola between N/A and 2022 were United Kingdom ($32) and Namibia ($28).

Imports In 2022, Angola imported $52.3k in Magnesium, becoming the 109th largest importer of Magnesium in the world. At the same year, Magnesium was the 987th most imported product in Angola. Angola imports Magnesium primarily from: Portugal ($40.5k), United Kingdom ($5.82k), South Korea ($4.5k), Netherlands ($1.12k), and China ($307).

The fastest growing import markets in Magnesium for Angola between 2021 and 2022 were Portugal ($29.4k), South Korea ($4.5k), and United Kingdom ($4.37k).

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 Magnesium. 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)$60
IMPORTS (2022)$52.3k
NET TRADE (2022)-$52.2k

In 2022, Angola exported $60 in Magnesium. The main destinations of Angola exports on Magnesium were United Kingdom ($32) and Namibia ($28).

In 2022, Angola imported $52.3k in Magnesium, mainly from Portugal ($40.5k), United Kingdom ($5.82k), South Korea ($4.5k), Netherlands ($1.12k), and China ($307).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Angola WERE (N/A - 2022):
Namibia$28 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Angola's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Angola's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $491
TOP IMPORT POTENTIALChina+ $3.01k

Magnesium’s highest export potential is United States. With an export gap of $491.   Magnesium’s highest import potential is China with an import gap of $3.01k.

See methodology.

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