Angola (AGO) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Angola-New Zealand Trade: In 2022, Angola exported $44.6k to New Zealand. The main products that Angola exported to New Zealand were Machinery Having Individual Functions ($39.9k), Interchangeable Tool Parts ($4.11k), and Other Wood Articles ($351). Over the past 5 years the exports of Angola to New Zealand have decreased at an annualized rate of 18.7%, from $126k in 2017 to $44.6k in 2022.

In 2022, Angola did not export any services to New Zealand.

New Zealand-Angola Trade: In 2022, New Zealand exported $14.2M to Angola. The main products that New Zealand exported to Angola were Concentrated Milk ($12.6M), Malt Extract ($668k), and Non-fillet Frozen Fish ($325k). Over the past 5 years the exports of New Zealand to Angola have decreased at an annualized rate of 7.38%, from $20.9M in 2017 to $14.2M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $44.6k to New Zealand. The main products exported from Angola to New Zealand were Machinery Having Individual Functions ($39.9k), Interchangeable Tool Parts ($4.11k), and Other Wood Articles ($351). During the last 5 years the exports of Angola to New Zealand have decreased at an annualized rate of 18.7%, from $126k in 2017 to $44.6k in 2022.

In 2017, New Zealand exported $14.2M to Angola. The main products exported from New Zealand to Angola were Concentrated Milk ($12.6M), Malt Extract ($668k), and Non-fillet Frozen Fish ($325k). During the last 5 years the exports of New Zealand to Angola have decreased at an annualized rate of 7.38%, from $20.9M in 2022 to $14.2M in 2017.

Exports from Angola () to New Zealand () (2022)

Exports from New Zealand () to Angola () (2022)

Latest Data

Trade between Angola () and New Zealand ()

Angola Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

New Zealand
Top DestinationChina$13.1B

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

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

In 2022, countries that imported more from New Zealand than Angola included Australia ($5.35B), United States ($5.07B), and Japan ($2.75B).

Difference in imports from New Zealand () and Angola () (2022)

Comparative Advantage Angola - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with New Zealand in the exports of Machines ($39.9k), Metals ($4.11k), and Wood Products ($397).

During 2017, New Zealand had a large net trade with Angola in the exports of Animal Products ($12.9M), Foodstuffs ($764k), and Machines ($401k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola New Zealand+$6.28kCrude Petroleum

Top Product Potential New Zealand Angola+$742kMalt Extract

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to New Zealand () (2022)

Exports from New Zealand () to Angola () (2022)

Latest Data

Trade between Angola () and New Zealand ()

Angola Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Angola () (2022)

Comparative Advantage Angola - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and New Zealand () (2022)

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