2023
Flag  
GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
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GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
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 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
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GDP PC 
$50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
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GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Hong Kong-Angola Trade: In 2023, Hong Kong exported $44M to Angola. The main products that Hong Kong exported to Angola were N/A. Over the past 5 years the exports of Hong Kong to Angola have increased at an annualized rate of 0.49%, from $42.9M in 2018 to $44M in 2023.

In 2023, Hong Kong did not export any services to Angola.

Angola-Hong Kong Trade: In 2023, Angola exported $30.8M to Hong Kong. The main products that Angola exported to Hong Kong were Diamonds ($29.9M), Dried/Salted/Smoked/Brined Fish ($832k), and Telephones ($9.86k). Over the past 5 years the exports of Angola to Hong Kong have decreased at an annualized rate of 12.8%,  from $60.9M in 2018 to $30.8M in 2023.

In 2023, Angola did not export any services to Hong Kong.

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $44M to Angola. There were not main exports from Hong Kong to Angola in 2023. During the last 5 years the exports of Hong Kong to Angola have increased at an annualized rate of 0.49%, from $42.9M in 2018 to $44M in 2023.

In 2018, Angola exported $30.8M to Hong Kong. The main products exported from Angola to Hong Kong were Diamonds ($29.9M), Dried/Salted/Smoked/Brined Fish ($832k), and Telephones ($9.86k). During the last 5 years the exports of Angola to Hong Kong have decreased at an annualized rate of 12.8%, from $60.9M in 2023 to $30.8M in 2018.

Exports from Hong Kong (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Angola (Flag)

Hong Kong Exports

Angola Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$25.3B
Angola
Top Destination
China$17.1B

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

In 2023, countries that imported more from Hong Kong than Angola included Vietnam ($14.4B), South Korea ($9.5B), and China ($25.3B).

In 2023, countries that imported more from Angola than Hong Kong included Spain ($2.65B), Republic of the Congo ($1.24B), and France ($1.79B).

Difference in imports from Angola (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Angola

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Angola in the exports of Machines ($18.5M), Instruments ($16.4M), and Textiles ($3.36M).

During 2018, Angola had a large net trade with Hong Kong in the exports of Precious Metals ($29.9M), Animal Products ($832k), and Machines ($23.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Angola+$8.28MTelephones
Top Product Potential Angola Hong Kong+$64.2MDiamonds

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 Hong Kong and Angola. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Angola (Flag) (2023)

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