[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · AGO · 2024
Angola trade profile
In 2024, Angola recorded $39.1B in merchandise exports and $13.4B in imports, producing a $25.8B trade surplus. Exports changed -0.1% from the previous year, while imports changed -11.8%.[1]
Exports
$39.1B
-0.1%
Imports
$13.4B
-11.8%
Trade balance
$25.8B
surplus
Active partners
270
13 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$34.3B
HS 27 · Mineral fuels and oils
38 active HS6 lines · 45 export partners
2$1.8B
HS 84 · Machinery
512 active HS6 lines · 108 export partners
3$1.3B
HS 71 · Precious metals and stones
39 active HS6 lines · 38 export partners
4$1.2B
HS 89 · HS chapter
17 active HS6 lines · 50 export partners
5$87.9M
HS 25 · HS chapter
65 active HS6 lines · 44 export partners
6$73.4M
HS 72 · HS chapter
159 active HS6 lines · 38 export partners
7$61.3M
HS 88 · HS chapter
15 active HS6 lines · 23 export partners
8$53.4M
HS 03 · HS chapter
157 active HS6 lines · 32 export partners
Leading export markets
Destinations rank bilateral export flows from Angola; growth describes each corridor rather than the whole economy.
1$16.5B
China
Annual change -9.3% · 3-year CAGR -6.2%
2$5.2B
India
Annual change +62.2% · 3-year CAGR 26.2%
3$2.3B
Spain
Annual change -16.2% · 3-year CAGR 46.8%
4$1.7B
United Arab Emirates
Annual change +41.0% · 3-year CAGR -2.1%
5$1.6B
France
Annual change -9.9% · 3-year CAGR 86.0%
6$1.6B
United States
Annual change +94.2% · 3-year CAGR 28.3%
7$1.6B
Indonesia
Annual change +32.7% · 3-year CAGR 49.4%
8$1.1B
Brazil
Annual change +78.3% · 3-year CAGR 87.1%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.