2023
Exports
$8.51MWorld Rnk 71 / 223
Flag Rnk 34 / 940
2023
PRODUCT COMPLEXITY IN Valves
1.34Rnk 71 / 1025
2023
Imports
$316MWorld Rnk 52 / 226
Flag Rnk 5 / 1186
2023
ECONOMIC COMPLEXITY of Angola
-1.23Rnk 120 / 132

About

Exports In 2023, Angola exported $8.51M in Valves, making it the 71st largest exporter of Valves in the world. At the same year, Valves was the 34th most exported product in Angola. The main destination of Valves exports from Angola are: Norway ($2.39M), Egypt ($1.68M), Italy ($713k), Germany ($588k), and United Kingdom ($574k).

The fastest growing export markets for Valves of Angola between 2022 and 2023 were Norway ($2.11M), Egypt ($1.67M), and Italy ($668k).

Imports In 2023, Angola imported $316M in Valves, becoming the 52nd largest importer of Valves in the world. At the same year, Valves was the 5th most imported product in Angola. Angola imports Valves primarily from: United States ($69.9M), United Kingdom ($63.1M), Norway ($32.7M), Italy ($27.4M), and China ($20.5M).

The fastest growing import markets in Valves for Angola between 2022 and 2023 were United States ($36.7M), Italy ($13.4M), and Norway ($9.87M).

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 Valves. 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)$8.51M
IMPORTS (2023)$316M
NET TRADE (2023)-$308M

In 2023, Angola exported $8.51M in Valves. The main destinations of Angola exports on Valves were Norway ($2.39M), Egypt ($1.68M), Italy ($713k), Germany ($588k), and United Kingdom ($574k).

In 2023, Angola imported $316M in Valves, mainly from United States ($69.9M), United Kingdom ($63.1M), Norway ($32.7M), Italy ($27.4M), and China ($20.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Angola WERE (2022 - 2023):
Norway$2.11M (754%)
Egypt$1.67M (31.6k%)
Italy$668k (1.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Angola WERE (2022 - 2023):
Kuwait-$1.82M (-97.4%)
United States-$1.26M (-70.8%)
Ghana-$1.05M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Angola's main exporting competitors in Valves were:
In 2023, Angola's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $327k
TOP IMPORT POTENTIALChina+ $13.9M

Valves’s highest export potential is Norway. With an export gap of $327k.   Valves’s highest import potential is China with an import gap of $13.9M.

See methodology.

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