Indonesia (IDN) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Indonesia-Angola Trade: In 2023, Indonesia exported $234M to Angola. The main products that Indonesia exported to Angola were Palm Oil ($67.4M), Soap ($53.1M), and Other Small Iron Pipes ($22.3M). Over the past 5 years the exports of Indonesia to Angola have increased at an annualized rate of 14%, from $122M in 2018 to $234M in 2023.

In 2023, Indonesia did not export any services to Angola.

Angola-Indonesia Trade: In 2023, Angola exported $1.07B to Indonesia. The main products that Angola exported to Indonesia were Crude Petroleum ($1.01B), Refined Petroleum ($58.2M), and Raw Aluminium ($2.17M). Over the past 5 years the exports of Angola to Indonesia have increased at an annualized rate of 9.14%, from $690M in 2018 to $1.07B in 2023.

In 2023, Angola did not export any services to Indonesia.

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $234M to Angola. The main products exported from Indonesia to Angola were Palm Oil ($67.4M), Soap ($53.1M), and Other Small Iron Pipes ($22.3M). During the last 5 years the exports of Indonesia to Angola have increased at an annualized rate of 14%, from $122M in 2018 to $234M in 2023.

In 2018, Angola exported $1.07B to Indonesia. The main products exported from Angola to Indonesia were Crude Petroleum ($1.01B), Refined Petroleum ($58.2M), and Raw Aluminium ($2.17M). During the last 5 years the exports of Angola to Indonesia have increased at an annualized rate of 9.14%, from $690M in 2023 to $1.07B in 2018.

Exports from Indonesia () to Angola () (2023)

Exports from Angola () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Angola ()

Indonesia Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from Indonesia than Angola included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

In 2023, countries that imported more from Angola than Indonesia included Republic of the Congo ($1.24B), France ($1.79B), and Gibraltar ($297M).

Difference in imports from Angola () and Indonesia () (2023)

Comparative Advantage Indonesia - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Angola in the exports of Animal and Vegetable Bi-Products ($103M), Chemical Products ($57.6M), and Metals ($37.2M).

During 2018, Angola had a large net trade with Indonesia in the exports of Mineral Products ($1.06B), Metals ($2.6M), and Machines ($416k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Angola+$2.94MVideo Displays

Top Product Potential Angola Indonesia+$239MCrude 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Angola () (2023)

Exports from Angola () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Angola ()

Indonesia Exports

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Indonesia () (2023)

Comparative Advantage Indonesia - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Angola () (2023)

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