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Pricing

2022
Flag → Flag
Exports $3.91BRnk 79 / 211
2022
Flag → Flag
Top Product $111MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $21.8BRnk 1 / 150
2022
Flag → Flag
Top Product $21.5BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 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 $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 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

About

China-Angola Trade: In 2022, China exported $3.91B to Angola. The main products that China exported to Angola were Coated Flat-Rolled Iron ($111M), Rubber Footwear ($94.4M), and Other Furniture ($92.7M). Over the past 5 years the exports of China to Angola have increased at an annualized rate of 11.2%, from $2.3B in 2017 to $3.91B in 2022.

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

Angola-China Trade: In 2022, Angola exported $21.8B to China. The main products that Angola exported to China were Crude Petroleum ($21.5B), Petroleum Gas ($132M), and Granite ($89.3M). Over the past 5 years the exports of Angola to China have increased at an annualized rate of 2.02%,  from $19.7B in 2017 to $21.8B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Latest Trends

October, 2024

About

Overview In October 2024, China exported $338M and imported $1.28B from Angola, resulting in a negative trade balance of $946M. Between October 2023 and October 2024 the exports of China have increased by $51.3M (17.9%) from $287M to $338M, while imports decreased by $-1.04B (-44.6%) from $2.32B to $1.28B.

Trade In October 2024, the top exports of China to Angola were Rubber Footwear ($24.6M), Motor vehicles; parts and accessories (8701... ($16M), Other Furniture ($14.8M), Motorcycles and cycles ($13.4M), and Knit Women's Suits ($9.39M). In October 2024 the top imports of China from Angola were Crude Petroleum ($1.54B), Petroleum Gas ($31.1M), Granite ($3.69M), Refined Copper ($1.67M), and Raw Aluminium ($1.16M).

Origins In October 2024 the exports of China were mainly from Zhejiang Province ($71.9M), Jiangsu Province ($52.9M), Guangdong Province ($47.7M), Shandong Province ($39.6M), and Beijing ($16.7M), while imports destinations were mainly Beijing ($1.26B), Zhejiang Province ($22.6M), Fujian Province ($1.7M), Guangdong Province ($1.45M), and Hebei Province ($965k).

Growth In October 2024, the increase in China's year-by-year exports to Angola was explained primarily by an increase in product exports in Rubber Footwear ($11.9M or 93.5%), Motor vehicles; parts and accessories (8701... ($9.92M or 164%), and Motorcycles and cycles ($9.9M or 283%). In October 2024, the decrease in China's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in Crude Petroleum ($-123M or -7.39%), Petroleum Gas ($-36.1M or -53.7%), and Raw Aluminium ($-1.92M or -62.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$51.3M(17.9%)
IMPORT GROWTH (October 2023 - October 2024)$-1.04B(-44.6%)
MAIN EXPORTER (October 2024)Zhejiang Province$71.9M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Angola and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Angola and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $3.91B to Angola. The main products exported from China to Angola were Coated Flat-Rolled Iron ($111M), Rubber Footwear ($94.4M), and Other Furniture ($92.7M). During the last 5 years the exports of China to Angola have increased at an annualized rate of 11.2%, from $2.3B in 2017 to $3.91B in 2022.

In 2017, Angola exported $21.8B to China. The main products exported from Angola to China were Crude Petroleum ($21.5B), Petroleum Gas ($132M), and Granite ($89.3M). During the last 5 years the exports of Angola to China have increased at an annualized rate of 2.02%, from $19.7B in 2022 to $21.8B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from China than Angola included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Angola than China included Gibraltar ($112M) and Sao Tome and Principe ($41M).

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

Comparative Advantage China - Angola

Flow
Scale

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

During 2022, China had a large net trade with Angola in the exports of Machines ($950M), Metals ($527M), and Transportation ($521M).

During 2017, Angola had a large net trade with China in the exports of Mineral Products ($21.8B), Metals ($29M), and Wood Products ($12.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Angola+$76.9MTelephones
Top Product Potential Angola China+$1.12BPetroleum Gas

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

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

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