2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Canada-Angola Trade: In 2023, Canada exported $64.7M to Angola. The main products that Canada exported to Angola were Dried Legumes ($20.8M), Engine Parts ($6.94M), and Malt ($4.8M). Over the past 5 years the exports of Canada to Angola have decreased at an annualized rate of 7.49%, from $95.4M in 2018 to $64.7M in 2023.

In 2023, Canada did not export any services to Angola.

Angola-Canada Trade: In 2023, Angola exported $713M to Canada. The main products that Angola exported to Canada were Crude Petroleum ($713M), Fishing Ships ($141k), and Aircraft parts (gliders, balloons, and powered aircraft) ($103k). Over the past 5 years the exports of Angola to Canada have increased at an annualized rate of 1.62%,  from $648M in 2018 to $713M in 2023.

In 2023, Angola did not export any services to Canada.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $64.7M to Angola. The main products exported from Canada to Angola were Dried Legumes ($20.8M), Engine Parts ($6.94M), and Malt ($4.8M). During the last 5 years the exports of Canada to Angola have decreased at an annualized rate of 7.49%, from $95.4M in 2018 to $64.7M in 2023.

In 2018, Angola exported $713M to Canada. The main products exported from Angola to Canada were Crude Petroleum ($713M), Fishing Ships ($141k), and Aircraft parts (gliders, balloons, and powered aircraft) ($103k). During the last 5 years the exports of Angola to Canada have increased at an annualized rate of 1.62%, from $648M in 2023 to $713M in 2018.

Exports from Canada (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Angola
Top Destination
China$17.1B

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 2023, countries that imported more from Canada than Angola included United States ($410B), United Kingdom ($18B), and China ($31.1B).

In 2023, countries that imported more from Angola than Canada included Republic of the Congo ($1.24B), United Arab Emirates ($2.75B), and Gibraltar ($297M).

Difference in imports from Angola (Flag) and Canada (Flag) (2023)

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 2023, Canada had a large net trade with Angola in the exports of Vegetable Products ($25.7M), Machines ($20.6M), and Transportation ($5.25M).

During 2018, Angola had a large net trade with Canada in the exports of Mineral Products ($713M), Transportation ($284k), and Wood Products ($78.8k).

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) (2023)

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