Bangladesh (BGD) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Bangladesh-Angola Trade: In 2022, Bangladesh exported $1.38M to Angola. The main products that Bangladesh exported to Angola were Knit T-shirts ($809k), Knit Sweaters ($222k), and Non-Knit Active Wear ($84.6k). Over the past 5 years the exports of Bangladesh to Angola have increased at an annualized rate of 7.11%, from $981k in 2017 to $1.38M in 2022.

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

Angola-Bangladesh Trade: In 2022, Angola exported $6.38k to Bangladesh. The main products that Angola exported to Bangladesh were Bran ($6.38k). Over the past 5 years the exports of Angola to Bangladesh have decreased at an annualized rate of 39.1%, from $126k in 2017 to $6.38k in 2022.

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

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $1.38M to Angola. The main products exported from Bangladesh to Angola were Knit T-shirts ($809k), Knit Sweaters ($222k), and Non-Knit Active Wear ($84.6k). During the last 5 years the exports of Bangladesh to Angola have increased at an annualized rate of 7.11%, from $981k in 2017 to $1.38M in 2022.

In 2017, Angola exported $6.38k to Bangladesh. The main products exported from Angola to Bangladesh were Bran ($6.38k). During the last 5 years the exports of Angola to Bangladesh have decreased at an annualized rate of 39.1%, from $126k in 2022 to $6.38k in 2017.

Exports from Bangladesh () to Angola () (2022)

Exports from Angola () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Bangladesh than Angola included United States ($11.7B), Germany ($10.2B), and Poland ($3.53B).

In 2022, countries that imported more from Angola than Bangladesh included China ($21.8B), United Arab Emirates ($3.63B), and India ($4.81B).

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

Comparative Advantage Bangladesh - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Angola in the exports of Textiles ($1.3M), Footwear and Headwear ($54.5k), and Foodstuffs ($17k).

During 2017, Angola had a large net trade with Bangladesh in the exports of Foodstuffs ($6.38k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Angola+$4.03kKnit T-shirts

Top Product Potential Angola Bangladesh+$6.48kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Angola () (2022)

Exports from Angola () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Angola ()

Angola Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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