Angola (AGO) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Angola-Russia Trade: In 2023, Angola exported $66.8k to Russia. The main products that Angola exported to Russia were Coffee ($41.1k), Aircraft parts (gliders, balloons, and powered aircraft) ($22.1k), and Cheese ($3.51k). Over the past 5 years the exports of Angola to Russia have decreased at an annualized rate of 71.2%, from $33.7M in 2018 to $66.8k in 2023.

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

Russia-Angola Trade: In 2023, Russia exported $89.1M to Angola. The main products that Russia exported to Angola were Wheat ($76.8M), Nitrogenous Fertilizers ($4.45M), and Documents of title (bonds etc) and unused stamps ($1.79M). Over the past 5 years the exports of Russia to Angola have increased at an annualized rate of 1.97%, from $80.8M in 2018 to $89.1M in 2023.

In 2020, Russia exported services to Angola worth $7.38M, with Financial services ($3.96M), Other business services ($1.58M), and Computer and information services ($880k) being the largest in terms of value.

Comparison: In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Angola exported $66.8k to Russia. The main products exported from Angola to Russia were Coffee ($41.1k), Aircraft parts (gliders, balloons, and powered aircraft) ($22.1k), and Cheese ($3.51k). During the last 5 years the exports of Angola to Russia have decreased at an annualized rate of 71.2%, from $33.7M in 2018 to $66.8k in 2023.

In 2018, Russia exported $89.1M to Angola. The main products exported from Russia to Angola were Wheat ($76.8M), Nitrogenous Fertilizers ($4.45M), and Documents of title (bonds etc) and unused stamps ($1.79M). During the last 5 years the exports of Russia to Angola have increased at an annualized rate of 1.97%, from $80.8M in 2023 to $89.1M in 2018.

Exports from Angola () to Russia () (2023)

Exports from Russia () to Angola () (2023)

Latest Data

Trade between Angola () and Russia ()

Angola Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Angola than Russia included Republic of the Congo ($1.24B), Canada ($713M), and Gibraltar ($297M).

In 2023, countries that imported more from Russia than Angola included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Angola - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Angola had a large net trade with Russia in the exports of Vegetable Products ($41.1k), Transportation ($22.1k), and Animal Products ($3.51k).

During 2018, Russia had a large net trade with Angola in the exports of Vegetable Products ($76.8M), Chemical Products ($5.42M), and Paper Goods ($1.79M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Russia+$6.11kPetroleum Gas

Top Product Potential Russia Angola+$8.93kRefined 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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Angola worth $7.38M, with Financial services ($3.96M), Other business services ($1.58M), and Computer and information services ($880k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Angola () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Angola () to Russia () (2023)

Exports from Russia () to Angola () (2023)

Latest Data

Trade between Angola () and Russia ()

Angola Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Angola - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Angola () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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