2023
Exports
$16.2MWorld Rnk 75 / 170
Flag Rnk 24 / 940
2023
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.34Rnk 913 / 1025
2023
Imports
$7.19MWorld Rnk 148 / 220
Flag Rnk 282 / 1186
2023
ECONOMIC COMPLEXITY of Angola
-1.23Rnk 120 / 132

About

Exports In 2023, Angola exported $16.2M in Raw Iron Bars, making it the 75th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 24th most exported product in Angola. The main destination of Raw Iron Bars exports from Angola are: Democratic Republic of the Congo ($15.9M), Republic of the Congo ($151k), United Arab Emirates ($149k), Panama ($8.47k), and Portugal ($295).

The fastest growing export markets for Raw Iron Bars of Angola between 2022 and 2023 were Democratic Republic of the Congo ($5.66M), Republic of the Congo ($151k), and United Arab Emirates ($149k).

Imports In 2023, Angola imported $7.19M in Raw Iron Bars, becoming the 148th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 282nd most imported product in Angola. Angola imports Raw Iron Bars primarily from: China ($6.51M), Turkey ($213k), Portugal ($174k), South Africa ($50.5k), and France ($46.4k).

The fastest growing import markets in Raw Iron Bars for Angola between 2022 and 2023 were China ($4.68M), Turkey ($79.5k), and Belgium ($44.6k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Raw Iron Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16.2M
IMPORTS (2023)$7.19M
NET TRADE (2023)$9.01M

In 2023, Angola exported $16.2M in Raw Iron Bars. The main destinations of Angola exports on Raw Iron Bars were Democratic Republic of the Congo ($15.9M), Republic of the Congo ($151k), United Arab Emirates ($149k), Panama ($8.47k), and Portugal ($295).

In 2023, Angola imported $7.19M in Raw Iron Bars, mainly from China ($6.51M), Turkey ($213k), Portugal ($174k), South Africa ($50.5k), and France ($46.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Angola WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Angola WERE (2022 - 2023):
Benin-$71.7k (-100%)
India-$45.3k (-100%)
Namibia-$22k (-99.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Angola's main exporting competitors in Raw Iron Bars were:
Turkey $2.16B
China $1.97B
In 2023, Angola's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.91k
TOP IMPORT POTENTIALChina+ $429k

Raw Iron Bars’s highest export potential is United States. With an export gap of $1.91k.   Raw Iron Bars’s highest import potential is China with an import gap of $429k.

See methodology.

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