Angola (AGO) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Angola-Ecuador Trade: In 2022, Angola exported $400k to Ecuador. The main products that Angola exported to Ecuador were Laboratory Ceramic Ware ($395k), Excavation Machinery ($4.79k), and Gaskets ($264). Over the past 5 years the exports of Angola to Ecuador have decreased at an annualized rate of 31.9%, from $2.73M in 2017 to $400k in 2022.

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

Ecuador-Angola Trade: In 2022, Ecuador exported $959k to Angola. The main products that Ecuador exported to Angola were Processed Fish ($251k), Rice ($223k), and Other Furniture ($152k). Over the past 5 years the exports of Ecuador to Angola have increased at an annualized rate of 13%, from $520k in 2017 to $959k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $400k to Ecuador. The main products exported from Angola to Ecuador were Laboratory Ceramic Ware ($395k), Excavation Machinery ($4.79k), and Gaskets ($264). During the last 5 years the exports of Angola to Ecuador have decreased at an annualized rate of 31.9%, from $2.73M in 2017 to $400k in 2022.

In 2017, Ecuador exported $959k to Angola. The main products exported from Ecuador to Angola were Processed Fish ($251k), Rice ($223k), and Other Furniture ($152k). During the last 5 years the exports of Ecuador to Angola have increased at an annualized rate of 13%, from $520k in 2022 to $959k in 2017.

Exports from Angola () to Ecuador () (2022)

Exports from Ecuador () to Angola () (2022)

Latest Data

Trade between Angola () and Ecuador ()

Angola Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Angola than Ecuador included China ($21.8B), India ($4.81B), and France ($3.8B).

In 2022, countries that imported more from Ecuador than Angola included United States ($9.86B), Panama ($4.97B), and Colombia ($1.07B).

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

Comparative Advantage Angola - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Ecuador in the exports of Stone And Glass ($395k), Machines ($5.06k), and Paper Goods ($95).

During 2017, Ecuador had a large net trade with Angola in the exports of Foodstuffs ($251k), Vegetable Products ($223k), and Miscellaneous ($175k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Ecuador+$5.45kPetroleum Gas

Top Product Potential Ecuador Angola+$4.46kRefined Petroleum

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 Ecuador. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Angola.

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Ecuador () (2022)

Exports from Ecuador () to Angola () (2022)

Latest Data

Trade between Angola () and Ecuador ()

Angola Exports

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Angola - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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