Angola (AGO) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Angola-Thailand Trade: In 2022, Angola exported $972M to Thailand. The main products that Angola exported to Thailand were Crude Petroleum ($885M), Petroleum Gas ($82.7M), and Diamonds ($1.84M). Over the past 5 years the exports of Angola to Thailand have increased at an annualized rate of 33.1%, from $232M in 2017 to $972M in 2022.

In 2022, Angola did not export any services to Thailand.

Thailand-Angola Trade: In 2022, Thailand exported $159M to Angola. The main products that Thailand exported to Angola were Rice ($86.7M), Aluminium Plating ($26.2M), and Cars ($11.5M). Over the past 5 years the exports of Thailand to Angola have decreased at an annualized rate of 0.76%, from $165M in 2017 to $159M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Angola exported $972M to Thailand. The main products exported from Angola to Thailand were Crude Petroleum ($885M), Petroleum Gas ($82.7M), and Diamonds ($1.84M). During the last 5 years the exports of Angola to Thailand have increased at an annualized rate of 33.1%, from $232M in 2017 to $972M in 2022.

In 2017, Thailand exported $159M to Angola. The main products exported from Thailand to Angola were Rice ($86.7M), Aluminium Plating ($26.2M), and Cars ($11.5M). During the last 5 years the exports of Thailand to Angola have decreased at an annualized rate of 0.76%, from $165M in 2022 to $159M in 2017.

Exports from Angola () to Thailand () (2022)

Exports from Thailand () to Angola () (2022)

Latest Data

Trade between Angola () and Thailand ()

Angola Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$21.8B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Angola than Thailand included France ($3.8B), Spain ($1.99B), and Portugal ($620M).

In 2022, countries that imported more from Thailand than Angola included United States ($53.4B), Japan ($24.6B), and China ($35.3B).

Difference in imports from Thailand () and Angola () (2022)

Comparative Advantage Angola - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Angola had a large net trade with Thailand in the exports of Mineral Products ($968M), Precious Metals ($1.84M), and Metals ($1.68M).

During 2017, Thailand had a large net trade with Angola in the exports of Vegetable Products ($87.3M), Metals ($27.4M), and Transportation ($17.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Thailand+$236MCrude Petroleum

Top Product Potential Thailand Angola+$3.38MDelivery Trucks

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

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Thailand () (2022)

Exports from Thailand () to Angola () (2022)

Latest Data

Trade between Angola () and Thailand ()

Angola Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Angola () (2022)

Comparative Advantage Angola - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Angola () and Thailand () (2022)

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