2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Angola-Russia Trade: In 2022, Angola exported $697k to Russia. The main products that Angola exported to Russia were Aircraft Parts ($646k), Electric Generating Sets ($34.8k), and Planes, Helicopters, and/or Spacecraft ($11.5k). Over the past 5 years the exports of Angola to Russia have decreased at an annualized rate of 7.83%, from $1.05M in 2017 to $697k in 2022.

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

Russia-Angola Trade: In 2022, Russia exported $89.3M to Angola. The main products that Russia exported to Angola were Refined Petroleum ($22.4M), Delivery Trucks ($16.8M), and Bi-Wheel Vehicle Parts ($13.6M). Over the past 5 years the exports of Russia to Angola have decreased at an annualized rate of 6.56%,  from $125M in 2017 to $89.3M in 2022.

In 2020, Russia exported services to Angola worth $7.38M, with Financial services ($3.96M), Other business services ($1.58M), and Computer and information services ($880k) being the largest in terms of value.

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $697k to Russia. The main products exported from Angola to Russia were Aircraft Parts ($646k), Electric Generating Sets ($34.8k), and Planes, Helicopters, and/or Spacecraft ($11.5k). During the last 5 years the exports of Angola to Russia have decreased at an annualized rate of 7.83%, from $1.05M in 2017 to $697k in 2022.

In 2017, Russia exported $89.3M to Angola. The main products exported from Russia to Angola were Refined Petroleum ($22.4M), Delivery Trucks ($16.8M), and Bi-Wheel Vehicle Parts ($13.6M). During the last 5 years the exports of Russia to Angola have decreased at an annualized rate of 6.56%, from $125M in 2022 to $89.3M in 2017.

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

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

Latest Data

Trade between Angola (Flag) and Russia (Flag)

Angola Exports

Russia Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Angola than Russia included Chile ($355M), South Africa ($781M), and Republic of the Congo ($143M).

In 2022, countries that imported more from Russia than Angola included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Angola - Russia

Flow
Scale

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

During 2022, Angola had a large net trade with Russia in the exports of Transportation ($657k), Machines ($36.1k), and Mineral Products ($3.49k).

During 2017, Russia had a large net trade with Angola in the exports of Transportation ($31M), Mineral Products ($22.5M), and Vegetable Products ($13.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Russia+$6.11kPetroleum Gas
Top Product Potential Russia Angola+$8.93kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Russia exported services to Angola worth $7.38M, with Financial services ($3.96M), Other business services ($1.58M), and Computer and information services ($880k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Angola (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Angola and Russia. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Angola.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with