Angola (AGO) and India (IND) Trade | The Observatory of Economic Complexity

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Angola-India Trade: In 2023, Angola exported $3.87B to India. The main products that Angola exported to India were Crude Petroleum ($2.29B), Diamonds ($1.11B), and Petroleum Gas ($462M). Over the past 5 years the exports of Angola to India have decreased at an annualized rate of 2.19%, from $4.33B in 2018 to $3.87B in 2023.

In 2023, Angola did not export any services to India.

India-Angola Trade: In 2023, India exported $1.02B to Angola. The main products that India exported to Angola were Refined Petroleum ($407M), Rice ($115M), and Packaged Medicaments ($104M). Over the past 5 years the exports of India to Angola have increased at an annualized rate of 16.9%, from $466M in 2018 to $1.02B in 2023.

In 2023, India did not export any services to Angola.

Comparison: In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Angola exported $3.87B to India. The main products exported from Angola to India were Crude Petroleum ($2.29B), Diamonds ($1.11B), and Petroleum Gas ($462M). During the last 5 years the exports of Angola to India have decreased at an annualized rate of 2.19%, from $4.33B in 2018 to $3.87B in 2023.

In 2018, India exported $1.02B to Angola. The main products exported from India to Angola were Refined Petroleum ($407M), Rice ($115M), and Packaged Medicaments ($104M). During the last 5 years the exports of India to Angola have increased at an annualized rate of 16.9%, from $466M in 2023 to $1.02B in 2018.

Exports from Angola () to India () (2023)

Exports from India () to Angola () (2023)

Latest Data

Trade between Angola () and India ()

Angola Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Angola than India included Republic of the Congo ($1.24B), Vanuatu ($52.6M), and Sao Tome and Principe ($24.8M).

In 2023, countries that imported more from India than Angola included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

Difference in imports from India () and Angola () (2023)

Comparative Advantage Angola - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Angola had a large net trade with India in the exports of Mineral Products ($2.75B), Precious Metals ($1.11B), and Metals ($11.8M).

During 2018, India had a large net trade with Angola in the exports of Mineral Products ($413M), Chemical Products ($150M), and Vegetable Products ($118M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola India+$1.87BCrude Petroleum

Top Product Potential India Angola+$18.1MPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Angola () to India () (2023)

Exports from India () to Angola () (2023)

Latest Data

Trade between Angola () and India ()

Angola Exports

India Exports

Market Competitiveness

Difference in imports from India () and Angola () (2023)

Comparative Advantage Angola - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and India () (2023)

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