2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Angola-Germany Trade: In 2022, Angola exported $111M to Germany. The main products that Angola exported to Germany were Crude Petroleum ($98.8M), Planes, Helicopters, and/or Spacecraft ($5.7M), and Washing and Bottling Machines ($2.17M). Over the past 5 years the exports of Angola to Germany have increased at an annualized rate of 18%, from $48.6M in 2017 to $111M in 2022.

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

Germany-Angola Trade: In 2022, Germany exported $293M to Angola. The main products that Germany exported to Angola were Wheat ($28M), Industrial Printers ($15.8M), and Washing and Bottling Machines ($10.5M). Over the past 5 years the exports of Germany to Angola have increased at an annualized rate of 8.44%,  from $195M in 2017 to $293M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $111M to Germany. The main products exported from Angola to Germany were Crude Petroleum ($98.8M), Planes, Helicopters, and/or Spacecraft ($5.7M), and Washing and Bottling Machines ($2.17M). During the last 5 years the exports of Angola to Germany have increased at an annualized rate of 18%, from $48.6M in 2017 to $111M in 2022.

In 2017, Germany exported $293M to Angola. The main products exported from Germany to Angola were Wheat ($28M), Industrial Printers ($15.8M), and Washing and Bottling Machines ($10.5M). During the last 5 years the exports of Germany to Angola have increased at an annualized rate of 8.44%, from $195M in 2022 to $293M in 2017.

Exports from Angola (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Germany (Flag)

Angola Exports

Germany Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Angola than Germany included Republic of the Congo ($143M), Gibraltar ($112M), and Bermuda ($65.3M).

In 2022, countries that imported more from Germany than Angola included United States ($153B), France ($120B), and Netherlands ($109B).

Difference in imports from Germany (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Germany

Flow
Scale

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

During 2022, Angola had a large net trade with Germany in the exports of Mineral Products ($99M), Transportation ($5.79M), and Machines ($2.88M).

During 2017, Germany had a large net trade with Angola in the exports of Machines ($117M), Chemical Products ($37.2M), and Vegetable Products ($33.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Germany+$195MCrude Petroleum
Top Product Potential Germany Angola+$12.9MCars

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

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

Product Space of Angola (Flag) and Germany (Flag) (2022)

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