Greece (GRC) and Angola (AGO) Trade | The Observatory of Economic Complexity

About

Greece-Angola Trade: In 2022, Greece exported $4.91M to Angola. The main products that Greece exported to Angola were Refrigerators ($662k), Iron Structures ($566k), and Aluminium Foil ($532k). Over the past 5 years the exports of Greece to Angola have increased at an annualized rate of 10.7%, from $2.95M in 2017 to $4.91M in 2022.

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

Angola-Greece Trade: In 2022, Angola exported $96.5k to Greece. The main products that Angola exported to Greece were Densified Wood ($24k), Sawn Wood ($20.4k), and Liquid Pumps ($17.8k). Over the past 5 years the exports of Angola to Greece have decreased at an annualized rate of 13.5%, from $200k in 2017 to $96.5k in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $4.91M to Angola. The main products exported from Greece to Angola were Refrigerators ($662k), Iron Structures ($566k), and Aluminium Foil ($532k). During the last 5 years the exports of Greece to Angola have increased at an annualized rate of 10.7%, from $2.95M in 2017 to $4.91M in 2022.

In 2017, Angola exported $96.5k to Greece. The main products exported from Angola to Greece were Densified Wood ($24k), Sawn Wood ($20.4k), and Liquid Pumps ($17.8k). During the last 5 years the exports of Angola to Greece have decreased at an annualized rate of 13.5%, from $200k in 2022 to $96.5k in 2017.

Exports from Greece () to Angola () (2022)

Exports from Angola () to Greece () (2022)

Latest Data

Trade between Greece () and Angola ()

Greece Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Greece than Angola included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Difference in imports from Angola () and Greece () (2022)

Comparative Advantage Greece - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Angola in the exports of Machines ($1.35M), Metals ($1.32M), and Chemical Products ($741k).

During 2017, Angola had a large net trade with Greece in the exports of Wood Products ($44.4k), Machines ($33.6k), and Metals ($12.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Angola+$657kRefined Petroleum

Top Product Potential Angola Greece+$51.9kSawn Wood

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Greece and Angola. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Angola () (2022)

Exports from Angola () to Greece () (2022)

Latest Data

Trade between Greece () and Angola ()

Greece Exports

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Greece () (2022)

Comparative Advantage Greece - Angola

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Greece () and Angola () (2022)

Keep Exploring