Vietnam (VNM) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Vietnam-Angola Trade: In 2023, Vietnam exported $17.3M to Angola. The main products that Vietnam exported to Angola were Calculators ($1.43M), Propylene Polymers ($1.16M), and Rice ($768k). Over the past 5 years the exports of Vietnam to Angola have decreased at an annualized rate of 14.2%, from $37.1M in 2018 to $17.3M in 2023.

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

Angola-Vietnam Trade: In 2023, Angola exported $154M to Vietnam. The main products that Angola exported to Vietnam were Crude Petroleum ($116M), Densified Wood ($27.3M), and Bran ($10.5M). Over the past 5 years the exports of Angola to Vietnam have increased at an annualized rate of 37.6%, from $31.2M in 2018 to $154M in 2023.

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

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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, Vietnam exported $17.3M to Angola. The main products exported from Vietnam to Angola were Calculators ($1.43M), Propylene Polymers ($1.16M), and Rice ($768k). During the last 5 years the exports of Vietnam to Angola have decreased at an annualized rate of 14.2%, from $37.1M in 2018 to $17.3M in 2023.

In 2018, Angola exported $154M to Vietnam. The main products exported from Angola to Vietnam were Crude Petroleum ($116M), Densified Wood ($27.3M), and Bran ($10.5M). During the last 5 years the exports of Angola to Vietnam have increased at an annualized rate of 37.6%, from $31.2M in 2023 to $154M in 2018.

Exports from Vietnam () to Angola () (2023)

Exports from Angola () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from Vietnam than Angola included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Angola than Vietnam included Republic of the Congo ($1.24B), Gibraltar ($297M), and Namibia ($165M).

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

Comparative Advantage Vietnam - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Vietnam had a large net trade with Angola in the exports of Machines ($4.78M), Plastics and Rubbers ($2.23M), and Chemical Products ($1.97M).

During 2018, Angola had a large net trade with Vietnam in the exports of Mineral Products ($116M), Wood Products ($27.3M), and Foodstuffs ($10.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Angola+$1.83MRice

Top Product Potential Angola Vietnam+$22.1MPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Angola () (2023)

Exports from Angola () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Angola ()

Angola Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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