2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Canada-Angola Trade: In 2022, Canada exported $233M to Angola. The main products that Canada exported to Angola were Refined Petroleum ($108M), Planes, Helicopters, and/or Spacecraft ($33.5M), and Mixed Mineral or Chemical Fertilizers ($18.3M). Over the past 5 years the exports of Canada to Angola have increased at an annualized rate of 10.8%, from $140M in 2017 to $233M in 2022.

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

Angola-Canada Trade: In 2022, Angola exported $548M to Canada. The main products that Angola exported to Canada were Crude Petroleum ($545M), Gas Turbines ($2.12M), and Fishing Ships ($421k). Over the past 5 years the exports of Angola to Canada have decreased at an annualized rate of 0.25%,  from $566M in 2017 to $548M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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
Value

In 2022, Canada exported $233M to Angola. The main products exported from Canada to Angola were Refined Petroleum ($108M), Planes, Helicopters, and/or Spacecraft ($33.5M), and Mixed Mineral or Chemical Fertilizers ($18.3M). During the last 5 years the exports of Canada to Angola have increased at an annualized rate of 10.8%, from $140M in 2017 to $233M in 2022.

In 2017, Angola exported $548M to Canada. The main products exported from Angola to Canada were Crude Petroleum ($545M), Gas Turbines ($2.12M), and Fishing Ships ($421k). During the last 5 years the exports of Angola to Canada have decreased at an annualized rate of 0.25%, from $566M in 2022 to $548M in 2017.

Exports from Canada (Flag) to Angola (Flag) (2022)

Exports from Angola (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Canada than Angola included United States ($438B), Japan ($14.3B), and United Kingdom ($12.9B).

In 2022, countries that imported more from Angola than Canada included United Arab Emirates ($3.63B), France ($3.8B), and India ($4.81B).

Difference in imports from Angola (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Angola

Flow
Scale

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

During 2022, Canada had a large net trade with Angola in the exports of Mineral Products ($108M), Transportation ($37.6M), and Chemical Products ($35.7M).

During 2017, Angola had a large net trade with Canada in the exports of Mineral Products ($545M), Machines ($2.19M), and Transportation ($696k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Angola+$5.57MCars
Top Product Potential Angola Canada+$75.2MCrude 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 Canada and Angola. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Angola (Flag) (2022)

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