2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Angola-Hong Kong Trade: In 2022, Angola exported $258M to Hong Kong. The main products that Angola exported to Hong Kong were Diamonds ($258M), Fish: dried, salted, smoked or in brine ($633k), and Telephones ($97.2k). Over the past 5 years the exports of Angola to Hong Kong have decreased at an annualized rate of 3.74%, from $313M in 2017 to $258M in 2022.

In 2022, Angola did not export any services to Hong Kong.

Hong Kong-Angola Trade: In 2022, Hong Kong exported $86.5M to Angola. The main products that Hong Kong exported to Angola were Vaccines, blood, antisera, toxins and cultures ($57.6M), Computers ($5.22M), and Telephones ($4.96M). Over the past 5 years the exports of Hong Kong to Angola have increased at an annualized rate of 17.2%,  from $39M in 2017 to $86.5M in 2022.

In 2022, Hong Kong did not export any services to Angola.

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $258M to Hong Kong. The main products exported from Angola to Hong Kong were Diamonds ($258M), Fish: dried, salted, smoked or in brine ($633k), and Telephones ($97.2k). During the last 5 years the exports of Angola to Hong Kong have decreased at an annualized rate of 3.74%, from $313M in 2017 to $258M in 2022.

In 2017, Hong Kong exported $86.5M to Angola. The main products exported from Hong Kong to Angola were Vaccines, blood, antisera, toxins and cultures ($57.6M), Computers ($5.22M), and Telephones ($4.96M). During the last 5 years the exports of Hong Kong to Angola have increased at an annualized rate of 17.2%, from $39M in 2022 to $86.5M in 2017.

Exports from Angola (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Hong Kong (Flag)

Angola Exports

Hong Kong Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Angola than Hong Kong included France ($3.8B), Spain ($1.99B), and Italy ($1.59B).

In 2022, countries that imported more from Hong Kong than Angola included India ($14.3B), Switzerland ($4.11B), and Malaysia ($3.84B).

Difference in imports from Hong Kong (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Hong Kong

Flow
Scale

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

During 2022, Angola had a large net trade with Hong Kong in the exports of Precious Metals ($258M), Animal Products ($633k), and Machines ($124k).

During 2017, Hong Kong had a large net trade with Angola in the exports of Chemical Products ($59.9M), Machines ($19M), and Textiles ($1.51M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Hong Kong+$64.2MDiamonds
Top Product Potential Hong Kong Angola+$8.28MTelephones

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

Product Space of Angola (Flag) and Hong Kong (Flag) (2022)

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