China / Angola

Overview In December 2024, China exported $288M and imported $1.45B from Angola, resulting in a negative trade balance of $1.17B. Between December 2023 and December 2024 the exports of China have decreased by $-4.83M (-1.65%) from $293M to $288M, while imports decreased by $-497M (-25.5%) from $1.95B to $1.45B.

Trade In December 2024, the top exports of China to Angola were Rubber Footwear ($16.5M), Motor vehicles; parts and accessories (8701... ($11.1M), Other Furniture ($10.8M), Non-Knit Women's Suits ($7.96M), and Coated Flat-Rolled Iron ($7.24M). In December 2024 the top imports of China from Angola were Crude Petroleum ($1.3B), Petroleum Gas ($26.2M), Granite ($4.7M), Refined Copper ($2.35M), and Raw Aluminium ($1.45M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($58.6M), Guangdong Province ($33.6M), Jiangsu Province ($31.8M), Shandong Province ($30.1M), and Guangxi Zhuang Autonomous Region ($15.6M), while imports destinations were mainly Beijing ($1.33B), Shandong Province ($113M), Fujian Province ($5.8M), Zhejiang Province ($3.14M), and Hubei Province ($537k).

Growth In December 2024, the decrease in China's year-by-year exports to Angola was explained primarily by an decrease in product exports in Motorcycles and cycles ($-10.8M or -80.4%), Rubber Footwear ($-8.17M or -33.2%), and Knit Women's Suits ($-8.09M or -86.2%). In December 2024, the decrease in China's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in Crude Petroleum ($-244M or -15.8%), Petroleum Gas ($-4.98M or -16%), and Commodities not elsewhere specified ($-28 or -0.45%).