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Pricing

2023
Flag → Flag
Exports $894kRnk 74 / 157
2023
Flag → Flag
Top Product $300kGas Turbines
2023
Flag → Flag
Exports $172MRnk 68 / 182
2023
Flag → Flag
Top Product $152MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.23Rnk 120 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC $2,308CURRENT US$
Rnk 151 / 195
2013-2023
Flag
GDP PC GROWTH-54.4%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Angola-Saudi Arabia Trade: In 2023, Angola exported $894k to Saudi Arabia. The main products that Angola exported to Saudi Arabia were Gas Turbines ($300k), Surveying Equipment ($215k), and Oscilloscopes ($189k). Over the past 5 years the exports of Angola to Saudi Arabia have increased at an annualized rate of 6.5%, from $652k in 2018 to $894k in 2023.

In 2023, Angola did not export any services to Saudi Arabia.

Saudi Arabia-Angola Trade: In 2023, Saudi Arabia exported $172M to Angola. The main products that Saudi Arabia exported to Angola were Refined Petroleum ($152M), Ethylene Polymers ($5.42M), and Propylene Polymers ($4.02M). Over the past 5 years the exports of Saudi Arabia to Angola have increased at an annualized rate of 29.9%,  from $46.4M in 2018 to $172M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Angola exported $894k to Saudi Arabia. The main products exported from Angola to Saudi Arabia were Gas Turbines ($300k), Surveying Equipment ($215k), and Oscilloscopes ($189k). During the last 5 years the exports of Angola to Saudi Arabia have increased at an annualized rate of 6.5%, from $652k in 2018 to $894k in 2023.

In 2018, Saudi Arabia exported $172M to Angola. The main products exported from Saudi Arabia to Angola were Refined Petroleum ($152M), Ethylene Polymers ($5.42M), and Propylene Polymers ($4.02M). During the last 5 years the exports of Saudi Arabia to Angola have increased at an annualized rate of 29.9%, from $46.4M in 2023 to $172M in 2018.

Exports from Angola (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Angola (Flag) (2023)

Latest Data

Trade between Angola (Flag) and Saudi Arabia (Flag)

Angola Exports

Saudi Arabia Exports

Market Competitiveness

Color
Angola
Top DestinationChina$17.1B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Angola than Saudi Arabia included Republic of the Congo ($1.24B), Gibraltar ($297M), and Democratic Republic of the Congo ($127M).

In 2023, countries that imported more from Saudi Arabia than Angola included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and Angola (Flag) (2023)

Comparative Advantage Angola - Saudi Arabia

Flow
Scale

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

During 2023, Angola had a large net trade with Saudi Arabia in the exports of Instruments ($476k), Machines ($310k), and Chemical Products ($54.1k).

During 2018, Saudi Arabia had a large net trade with Angola in the exports of Mineral Products ($152M), Plastics and Rubbers ($11.9M), and Metals ($3.16M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Saudi Arabia+$8.9kCrude Petroleum
Top Product Potential Saudi Arabia Angola+$7.89kRefined 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

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

Product Space of Angola (Flag) and Saudi Arabia (Flag) (2023)

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