2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Angola Trade: In 2022, Israel exported $20.3M to Angola. The main products that Israel exported to Angola were Chlorides ($2.66M), Sound Recordings ($1.82M), and Felt or Coated Fabric Garments ($1.37M). Over the past 5 years the exports of Israel to Angola have decreased at an annualized rate of 8.68%, from $32M in 2017 to $20.3M in 2022.

In 2007, Israel exported services to Angola worth $84.7M, with Construction services ($80.3M), Computer and information services ($2.39M), and Personal, cultural, and recreational services ($2M) being the largest in terms of value.

Angola-Israel Trade: In 2022, Angola exported $21.1M to Israel. The main products that Angola exported to Israel were Diamonds ($21M), Metalworking Machine Parts ($40.8k), and Medical Instruments ($15.4k). Over the past 5 years the exports of Angola to Israel have decreased at an annualized rate of 24.6%,  from $152M in 2017 to $21.1M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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
Value

In 2022, Israel exported $20.3M to Angola. The main products exported from Israel to Angola were Chlorides ($2.66M), Sound Recordings ($1.82M), and Felt or Coated Fabric Garments ($1.37M). During the last 5 years the exports of Israel to Angola have decreased at an annualized rate of 8.68%, from $32M in 2017 to $20.3M in 2022.

In 2017, Angola exported $21.1M to Israel. The main products exported from Angola to Israel were Diamonds ($21M), Metalworking Machine Parts ($40.8k), and Medical Instruments ($15.4k). During the last 5 years the exports of Angola to Israel have decreased at an annualized rate of 24.6%, from $152M in 2022 to $21.1M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Angola (Flag)

Israel Exports

Angola Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Israel than Angola included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Angola than Israel included China ($21.8B), United Arab Emirates ($3.63B), and France ($3.8B).

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

Comparative Advantage Israel - Angola

Flow
Scale

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

During 2022, Israel had a large net trade with Angola in the exports of Machines ($10M), Chemical Products ($4.13M), and Textiles ($2M).

During 2017, Angola had a large net trade with Israel in the exports of Precious Metals ($21M), Machines ($64.4k), and Instruments ($19.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Angola+$1.71MTelephones
Top Product Potential Angola Israel+$31.6kMedical Instruments

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

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

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