2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 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

Colombia-Angola Trade: In 2022, Colombia exported $5.29M to Angola. The main products that Colombia exported to Angola were Confectionery Sugar ($3.95M), Frozen Bovine Meat ($547k), and Baked Goods ($252k). Over the past 5 years the exports of Colombia to Angola have increased at an annualized rate of 22.3%, from $1.93M in 2017 to $5.29M in 2022.

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

Angola-Colombia Trade: In 2022, Angola exported $4.9k to Colombia. The main products that Angola exported to Colombia were Machinery Having Individual Functions ($2.49k) and Other Iron Products ($2.41k). Over the past 5 years the exports of Angola to Colombia have decreased at an annualized rate of 89.9%,  from $458M in 2017 to $4.9k in 2022.

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

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). 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, Colombia exported $5.29M to Angola. The main products exported from Colombia to Angola were Confectionery Sugar ($3.95M), Frozen Bovine Meat ($547k), and Baked Goods ($252k). During the last 5 years the exports of Colombia to Angola have increased at an annualized rate of 22.3%, from $1.93M in 2017 to $5.29M in 2022.

In 2017, Angola exported $4.9k to Colombia. The main products exported from Angola to Colombia were Machinery Having Individual Functions ($2.49k) and Other Iron Products ($2.41k). During the last 5 years the exports of Angola to Colombia have decreased at an annualized rate of 89.9%, from $458M in 2022 to $4.9k in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Angola (Flag)

Colombia Exports

Angola Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Colombia than Angola included United States ($15.6B), Panama ($5.84B), and Turkey ($2.27B).

In 2022, countries that imported more from Angola than Colombia included China ($21.8B), France ($3.8B), and United Arab Emirates ($3.63B).

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

Comparative Advantage Colombia - Angola

Flow
Scale

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

During 2022, Colombia had a large net trade with Angola in the exports of Foodstuffs ($4.21M), Animal Products ($632k), and Vegetable Products ($221k).

During 2017, Angola had a large net trade with Colombia in the exports of Machines ($2.49k) and Metals ($2.41k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Angola+$307kBaked Goods
Top Product Potential Angola Colombia+$7.17kCrude 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 Colombia and Angola. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Colombia.

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

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