2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
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GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
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 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
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GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
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GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Angola-Saudi Arabia Trade: In 2022, Angola exported $358k to Saudi Arabia. The main products that Angola exported to Saudi Arabia were Machinery Having Individual Functions ($182k), Other Measuring Instruments ($155k), and Electric Soldering Equipment ($6.76k). Over the past 5 years the exports of Angola to Saudi Arabia have decreased at an annualized rate of 34.2%, from $2.9M in 2017 to $358k in 2022.

In 2022, Angola did not export any services to Saudi Arabia.

Saudi Arabia-Angola Trade: In 2022, Saudi Arabia exported $62M to Angola. The main products that Saudi Arabia exported to Angola were Mixed Mineral or Chemical Fertilizers ($16.2M), Propylene Polymers ($13.2M), and Refined Petroleum ($13.2M). Over the past 5 years the exports of Saudi Arabia to Angola have increased at an annualized rate of 6.15%,  from $46M in 2017 to $62M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $358k to Saudi Arabia. The main products exported from Angola to Saudi Arabia were Machinery Having Individual Functions ($182k), Other Measuring Instruments ($155k), and Electric Soldering Equipment ($6.76k). During the last 5 years the exports of Angola to Saudi Arabia have decreased at an annualized rate of 34.2%, from $2.9M in 2017 to $358k in 2022.

In 2017, Saudi Arabia exported $62M to Angola. The main products exported from Saudi Arabia to Angola were Mixed Mineral or Chemical Fertilizers ($16.2M), Propylene Polymers ($13.2M), and Refined Petroleum ($13.2M). During the last 5 years the exports of Saudi Arabia to Angola have increased at an annualized rate of 6.15%, from $46M in 2022 to $62M in 2017.

Exports from Angola (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Angola (Flag) (2022)

Latest Data

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

Angola Exports

Saudi Arabia Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Saudi Arabia
Top Destination
China$68B

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 2022, countries that imported more from Angola than Saudi Arabia included Chile ($355M), Republic of the Congo ($143M), and Gibraltar ($112M).

In 2022, countries that imported more from Saudi Arabia than Angola included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Angola (Flag) (2022)

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 2022, Angola had a large net trade with Saudi Arabia in the exports of Machines ($198k), Instruments ($156k), and Metals ($2.41k).

During 2017, Saudi Arabia had a large net trade with Angola in the exports of Plastics and Rubbers ($24.6M), Chemical Products ($19M), and Mineral Products ($13.3M).

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) (2022)

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