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2022
Flag → Flag
Exports $734MRnk 75 / 217
2022
Flag → Flag
Top Product $193MRice
2022
Flag → Flag
Exports $4.81BRnk 2 / 150
2022
Flag → Flag
Top Product $3.59BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
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GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC$2,999CURRENT US$
Rnk 135 / 186
2012-2022
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GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186

About

India-Angola Trade: In 2022, India exported $734M to Angola. The main products that India exported to Angola were Rice ($193M), Packaged Medicaments ($108M), and Special Purpose Ships ($53.2M). Over the past 5 years the exports of India to Angola have increased at an annualized rate of 19.1%, from $306M in 2017 to $734M in 2022.

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

Angola-India Trade: In 2022, Angola exported $4.81B to India. The main products that Angola exported to India were Crude Petroleum ($3.59B), Petroleum Gas ($1.07B), and Diamonds ($128M). Over the past 5 years the exports of Angola to India have increased at an annualized rate of 5.55%,  from $3.67B in 2017 to $4.81B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Latest Trends

June, 2024

About

Overview In June 2024, India exported $31.7M and imported $264M from Angola, resulting in a negative trade balance of $233M. Between June 2023 and June 2024 the exports of India have decreased by $-15.4M (-32.7%) from $47.1M to $31.7M, while imports decreased by $-104M (-28.2%) from $368M to $264M.

Trade In June 2024, the top exports of India to Angola were Drug Formulations, Biologicals ($9.09M), Motor Vehicle/Cars ($6.87M), Rice(Other Than Basmoti) ($2.98M), Indl. Machnry For Dairy Etc ($2.81M), and Cosmetics And Toiletries ($2.01M). In June 2024 the top imports of India from Angola were Petroleum: Crude ($338M), Lead And Products Made Of Led ($908k), Other Wood And Wood Products ($105k), and Misc Processed Items ($1.73k).

Growth In June 2024, the decrease in India's year-by-year exports to Angola was explained primarily by an decrease in product exports in Paper, Paper Board And Product ($-1.21M or -68.6%), Electric Machinery And Equipme ($-1.12M or -72.8%), and Alcoholic Beverages ($-1.06M or -66.3%). In June 2024, the decrease in India's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$-15.4M(-32.7%)
IMPORT GROWTH (June 2023 - June 2024)$-104M(-28.2%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Angola and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Angola and India Data

Go to Bulk Download

Historical Data

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from India than Angola included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from Angola than India included China ($21.8B), Bermuda ($65.3M), and Sao Tome and Principe ($41M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Angola+$18.1MPackaged Medicaments
Top Product Potential Angola India+$1.87BCrude 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.

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Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Angola (Flag) (NaN)

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