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2022
Flag → Flag
Exports $293MRnk 100 / 223
2022
Flag → Flag
Top Product $28MWheat
2022
Flag → Flag
Exports $111MRnk 27 / 150
2022
Flag → Flag
Top Product $98.8MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 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

Germany-Angola Trade: In 2022, Germany exported $293M to Angola. The main products that Germany exported to Angola were Wheat ($28M), Industrial Printers ($15.8M), and Washing and Bottling Machines ($10.5M). Over the past 5 years the exports of Germany to Angola have increased at an annualized rate of 8.44%, from $195M in 2017 to $293M in 2022.

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

Angola-Germany Trade: In 2022, Angola exported $111M to Germany. The main products that Angola exported to Germany were Crude Petroleum ($98.8M), Planes, Helicopters, and/or Spacecraft ($5.7M), and Washing and Bottling Machines ($2.17M). Over the past 5 years the exports of Angola to Germany have increased at an annualized rate of 18%,  from $48.6M in 2017 to $111M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €21M and imported €169k from Angola, resulting in a positive trade balance of €20.8M. Between August 2023 and August 2024 the exports of Germany have increased by €2.19M (11.7%) from €18.8M to €21M, while imports increased by €131k (345%) from €38k to €169k.

Trade In August 2024, the top exports of Germany to Angola were Other machinery (€4.46M), Machinery for electricity production, distribution (€1.78M), Malt (€777k), Measuring and automatical control instruments (€713k), and Other chemical final products (€639k). In August 2024 the top imports of Germany from Angola were Petroleum oil and petroleum gases (€94.2M), Measuring and automatical control instruments (€31k), Machinery for mining, quarrying and construction (€16k), Apparel of knitted or crocheted fabrics... (€4k), and Television, radio receivers, sound, video recorder (€2k).

Origins In August 2024 the exports of Germany were mainly from Lower Saxony (€8.44M), Hamburg (€1.95M), North Rhine-Westphalia (€1.83M), Rhineland-Pfalz (€1.27M), and Bavaria (€800k), while imports destinations were mainly Lower Saxony (€96k), Baden-Württemberg (€26k), Hesse (€9k), and Rhineland-Pfalz (€9k).

Growth In August 2024, the increase in Germany's year-by-year exports to Angola was explained primarily by an increase in product exports in Other machinery (€2.28M or 105%), Machinery for electricity production, distribution (€1.02M or 134%), and Measuring and automatical control instruments (€468k or 191%). In August 2024, the increase in Germany's year-by-year imports  from Angola was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€2.19M(11.7%)
IMPORT GROWTH (August 2023 - August 2024)€131k(345%)
MAIN EXPORTER (August 2024)Lower Saxony€8.44M

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $293M to Angola. The main products exported from Germany to Angola were Wheat ($28M), Industrial Printers ($15.8M), and Washing and Bottling Machines ($10.5M). During the last 5 years the exports of Germany to Angola have increased at an annualized rate of 8.44%, from $195M in 2017 to $293M in 2022.

In 2017, Angola exported $111M to Germany. The main products exported from Angola to Germany were Crude Petroleum ($98.8M), Planes, Helicopters, and/or Spacecraft ($5.7M), and Washing and Bottling Machines ($2.17M). During the last 5 years the exports of Angola to Germany have increased at an annualized rate of 18%, from $48.6M in 2022 to $111M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Germany than Angola included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Angola than Germany included Republic of the Congo ($143M), Gibraltar ($112M), and Bermuda ($65.3M).

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

Comparative Advantage Germany - Angola

Flow
Scale

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

During 2022, Germany had a large net trade with Angola in the exports of Machines ($117M), Chemical Products ($37.2M), and Vegetable Products ($33.8M).

During 2017, Angola had a large net trade with Germany in the exports of Mineral Products ($99M), Transportation ($5.79M), and Machines ($2.88M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Angola+$12.9MCars
Top Product Potential Angola Germany+$195MCrude 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 Germany and Angola. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Germany.

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

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