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Pricing

2022
Flag → Flag
Exports $334MRnk 90 / 221
2022
Flag → Flag
Top Product $39.9MGas Turbines
2022
Flag → Flag
Exports $1.59BRnk 7 / 150
2022
Flag → Flag
Top Product $1.4BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
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GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 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

Italy-Angola Trade: In 2022, Italy exported $334M to Angola. The main products that Italy exported to Angola were Gas Turbines ($39.9M), Planes, Helicopters, and/or Spacecraft ($36.6M), and Industrial Food Preperation Machinery ($32.8M). Over the past 5 years the exports of Italy to Angola have decreased at an annualized rate of 0.024%, from $334M in 2017 to $334M in 2022.

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

Angola-Italy Trade: In 2022, Angola exported $1.59B to Italy. The main products that Angola exported to Italy were Crude Petroleum ($1.4B), Petroleum Gas ($91.8M), and Special Purpose Ships ($84.5M). Over the past 5 years the exports of Angola to Italy have increased at an annualized rate of 32.9%,  from $383M in 2017 to $1.59B in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Latest Trends

August, 2024

About

Overview In August 2024, Italy exported €29.3M and imported €1.66M from Angola, resulting in a positive trade balance of €27.6M. Between August 2023 and August 2024 the exports of Italy have increased by €15M (105%) from €14.3M to €29.3M, while imports decreased by €-136M (-98.8%) from €138M to €1.66M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€15M(105%)
IMPORT GROWTH (June 2023 - June 2024)€-136M(-98.8%)

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $334M to Angola. The main products exported from Italy to Angola were Gas Turbines ($39.9M), Planes, Helicopters, and/or Spacecraft ($36.6M), and Industrial Food Preperation Machinery ($32.8M). During the last 5 years the exports of Italy to Angola have decreased at an annualized rate of 0.024%, from $334M in 2017 to $334M in 2022.

In 2017, Angola exported $1.59B to Italy. The main products exported from Angola to Italy were Crude Petroleum ($1.4B), Petroleum Gas ($91.8M), and Special Purpose Ships ($84.5M). During the last 5 years the exports of Angola to Italy have increased at an annualized rate of 32.9%, from $383M in 2022 to $1.59B in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Italy than Angola included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Angola than Italy included China ($21.8B), Malawi ($97.6M), and Republic of the Congo ($143M).

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

Comparative Advantage Italy - Angola

Flow
Scale

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

During 2022, Italy had a large net trade with Angola in the exports of Machines ($165M), Metals ($49.9M), and Transportation ($39.5M).

During 2017, Angola had a large net trade with Italy in the exports of Mineral Products ($1.5B), Transportation ($84.5M), and Machines ($9.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Angola+$7.62MValves
Top Product Potential Angola Italy+$517MCrude 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 Italy and Angola. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Italy.

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

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