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Pricing

2022
Flag → Flag
Exports $213MRnk 88 / 218
2022
Flag → Flag
Top Product $37.6MOther Printed Material
2022
Flag → Flag
Exports $1.99BRnk 6 / 150
2022
Flag → Flag
Top Product $1.57BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 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

Spain-Angola Trade: In 2022, Spain exported $213M to Angola. The main products that Spain exported to Angola were Other Printed Material ($37.6M), Computers ($7.26M), and Petroleum Coke ($6.51M). Over the past 5 years the exports of Spain to Angola have decreased at an annualized rate of 5.14%, from $277M in 2017 to $213M in 2022.

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

Angola-Spain Trade: In 2022, Angola exported $1.99B to Spain. The main products that Angola exported to Spain were Crude Petroleum ($1.57B), Petroleum Gas ($396M), and Crustaceans ($9.33M). Over the past 5 years the exports of Angola to Spain have increased at an annualized rate of 13.4%,  from $1.06B in 2017 to $1.99B in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). 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, Spain exported €7.27M and imported €315M from Angola, resulting in a negative trade balance of €308M. Between August 2023 and August 2024 the exports of Spain have decreased by €-8.29M (-53.3%) from €15.6M to €7.27M, while imports increased by €5.65M (1.83%) from €309M to €315M.

Trade In August 2024, the top exports of Spain to Angola were Commodities not elsewhere specified (€1.35M), Other Paper Machinery (€834k), Telephones (€459k), Jams (€310k), and Electric Generating Sets (€293k). In August 2024 the top imports of Spain from Angola were Crude Petroleum (€157M), Granite (€824k), Other Fruits (€20.3k), Building Stone (€13.5k), and Raw Cotton (€2.5k).

Origins In August 2024 the exports of Spain were mainly from Sevilla (€1.65M), Madrid (€1.13M), Guadalajara (€689k), Barcelona (€619k), and Pontevedra (€615k), while imports destinations were mainly Castellón (€82.1M), Tarragona (€79.7M), Cádiz (€78.4M), Madrid (€43.1M), and Murcia (€31.2M).

Growth In August 2024, the decrease in Spain's year-by-year exports to Angola was explained primarily by an decrease in product exports in Electrical Transformers (€-128k or -98.5%), Detonating Fuses (€-128k or -67.4%), and Other Furniture (€-117k or -99.5%). In August 2024, the increase in Spain's year-by-year imports  from Angola was explained primarily by an increase in product imports  in Granite (€780k or 1.8k%), Commodities not elsewhere specified (€1.92k or 1.47k%), and Other Fruits (€1.8k or 9.75%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-8.29M(-53.3%)
IMPORT GROWTH (August 2023 - August 2024)€5.65M(1.83%)
MAIN EXPORTER (August 2024)Sevilla€1.65M

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $213M to Angola. The main products exported from Spain to Angola were Other Printed Material ($37.6M), Computers ($7.26M), and Petroleum Coke ($6.51M). During the last 5 years the exports of Spain to Angola have decreased at an annualized rate of 5.14%, from $277M in 2017 to $213M in 2022.

In 2017, Angola exported $1.99B to Spain. The main products exported from Angola to Spain were Crude Petroleum ($1.57B), Petroleum Gas ($396M), and Crustaceans ($9.33M). During the last 5 years the exports of Angola to Spain have increased at an annualized rate of 13.4%, from $1.06B in 2022 to $1.99B in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Spain than Angola included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Angola than Spain included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

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

Comparative Advantage Spain - Angola

Flow
Scale

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

During 2022, Spain had a large net trade with Angola in the exports of Machines ($55.9M), Paper Goods ($54.1M), and Chemical Products ($16.3M).

During 2017, Angola had a large net trade with Spain in the exports of Mineral Products ($1.97B), Animal Products ($11.5M), and Metals ($2.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Angola+$3.54MRefined Petroleum
Top Product Potential Angola Spain+$536MCrude 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 Spain and Angola. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Spain.

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

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