Angola (AGO) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Angola-Austria Trade: In 2022, Angola exported $19k to Austria. The main products that Angola exported to Austria were Washing and Bottling Machines ($15.5k), Leather Footwear ($1.85k), and Other Footwear ($516). Over the past 5 years the exports of Angola to Austria have decreased at an annualized rate of 55.1%, from $1.04M in 2017 to $19k in 2022.

In 2022, Angola did not export any services to Austria.

Austria-Angola Trade: In 2022, Austria exported $16.9M to Angola. The main products that Austria exported to Angola were Rubberworking Machinery ($6.81M), Flavored Water ($802k), and Large Construction Vehicles ($775k). Over the past 5 years the exports of Austria to Angola have decreased at an annualized rate of 18.7%, from $47.6M in 2017 to $16.9M in 2022.

In 2022, Austria did not export any services to Angola.

Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $19k to Austria. The main products exported from Angola to Austria were Washing and Bottling Machines ($15.5k), Leather Footwear ($1.85k), and Other Footwear ($516). During the last 5 years the exports of Angola to Austria have decreased at an annualized rate of 55.1%, from $1.04M in 2017 to $19k in 2022.

In 2017, Austria exported $16.9M to Angola. The main products exported from Austria to Angola were Rubberworking Machinery ($6.81M), Flavored Water ($802k), and Large Construction Vehicles ($775k). During the last 5 years the exports of Austria to Angola have decreased at an annualized rate of 18.7%, from $47.6M in 2022 to $16.9M in 2017.

Exports from Angola () to Austria () (2022)

Exports from Austria () to Angola () (2022)

Latest Data

Trade between Angola () and Austria ()

Angola Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Austria
Top DestinationGermany$57.7B

This map shows whether countries import more from Angola or Austria. Each country is colored based on the difference in imports they receive from Angola and Austria or the difference in the growth in imports.

In 2022, countries that imported more from Angola than Austria included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

In 2022, countries that imported more from Austria than Angola included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

Difference in imports from Austria () and Angola () (2022)

Comparative Advantage Angola - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Angola and Austria by product, considering products traded by both, Angola and Austria.

During 2022, Angola had a large net trade with Austria in the exports of Machines ($15.6k), Footwear and Headwear ($2.36k), and Foodstuffs ($453).

During 2017, Austria had a large net trade with Angola in the exports of Machines ($11.4M), Metals ($1.85M), and Foodstuffs ($815k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Austria+$9.92kCrude Petroleum

Top Product Potential Austria Angola+$980kLarge Construction Vehicles

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Angola and Austria. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Angola.

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Austria () (2022)

Exports from Austria () to Angola () (2022)

Latest Data

Trade between Angola () and Austria ()

Angola Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Angola () (2022)

Comparative Advantage Angola - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Austria () (2022)

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