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2023
Flag → Flag
Exports $1.02BRnk 66 / 220
2023
Flag → Flag
Top Product $407MRefined Petroleum
2023
Flag → Flag
Exports $3.87BRnk 2 / 157
2023
Flag → Flag
Top Product $2.29BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.23Rnk 120 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 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

India-Angola Trade: In 2023, India exported $1.02B to Angola. The main products that India exported to Angola were Refined Petroleum ($407M), Rice ($115M), and Packaged Medicaments ($104M). Over the past 5 years the exports of India to Angola have increased at an annualized rate of 16.9%, from $466M in 2018 to $1.02B in 2023.

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

Angola-India Trade: In 2023, Angola exported $3.87B to India. The main products that Angola exported to India were Crude Petroleum ($2.29B), Diamonds ($1.11B), and Petroleum Gas ($462M). Over the past 5 years the exports of Angola to India have decreased at an annualized rate of 2.19%,  from $4.33B in 2018 to $3.87B in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $36.5M and imported $49.2M from Angola, resulting in a negative trade balance of $12.8M. Between November 2023 and November 2024 the exports of India have increased by $2.99M (8.92%) from $33.5M to $36.5M, while imports decreased by $-465M (-90.4%) from $515M to $49.2M.

Trade In November 2024, the top exports of India to Angola were N/A. In November 2024 the top imports of India from Angola were Petroleum: Crude ($338M), Lead And Products Made Of Led ($908k), Other Wood And Wood Products ($105k), and Misc Processed Items ($1.73k).

Growth In November 2024, the increase in India's year-by-year exports to Angola was explained primarily by an increase in product exports in Motor Vehicle/Cars ($4.98M or 263%), Drug Formulations, Biologicals ($2.91M or 47%), and Indl. Machnry For Dairy Etc ($2.21M or 368%). In November 2024, the decrease in India's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$2.99M(8.92%)
IMPORT GROWTH (November 2023 - November 2024)$-465M(-90.4%)

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

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

For full datasets download visit Bulk Download page.

Explore Angola and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $1.02B to Angola. The main products exported from India to Angola were Refined Petroleum ($407M), Rice ($115M), and Packaged Medicaments ($104M). During the last 5 years the exports of India to Angola have increased at an annualized rate of 16.9%, from $466M in 2018 to $1.02B in 2023.

In 2018, Angola exported $3.87B to India. The main products exported from Angola to India were Crude Petroleum ($2.29B), Diamonds ($1.11B), and Petroleum Gas ($462M). During the last 5 years the exports of Angola to India have decreased at an annualized rate of 2.19%, from $4.33B in 2023 to $3.87B in 2018.

Exports from India (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from India than Angola included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

In 2023, countries that imported more from Angola than India included Republic of the Congo ($1.24B), Vanuatu ($52.6M), and Sao Tome and Principe ($24.8M).

Difference in imports from Angola (Flag) and India (Flag) (2023)

Comparative Advantage India - Angola

Flow
Scale

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

During 2023, India had a large net trade with Angola in the exports of Mineral Products ($413M), Chemical Products ($150M), and Vegetable Products ($118M).

During 2018, Angola had a large net trade with India in the exports of Mineral Products ($2.75B), Precious Metals ($1.11B), and Metals ($11.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Angola+$18.1MPackaged Medicaments
Top Product Potential Angola India+$1.87BCrude 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 India and Angola. This means that a dot/product with the flag of India indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over India.

Product Space of India (Flag) and Angola (Flag) (2023)

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