Iran (IRN) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Iran-Angola Trade: In 2022, Iran exported $1.16M to Angola. The main products that Iran exported to Angola were Laboratory Reagents ($857k), Concentrated Milk ($137k), and Medical Furniture ($65.5k). Over the past 5 years the exports of Iran to Angola have decreased at an annualized rate of 34.4%, from $9.6M in 2017 to $1.16M in 2022.

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

Angola-Iran In N/A, Angola did not export any products to Iran.

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

Comparison: In 2022, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iran exported $1.16M to Angola. The main products exported from Iran to Angola were Laboratory Reagents ($857k), Concentrated Milk ($137k), and Medical Furniture ($65.5k). During the last 5 years the exports of Iran to Angola have decreased at an annualized rate of 34.4%, from $9.6M in 2017 to $1.16M in 2022.

Angola does not register exports to Iran.

Exports from Iran () to Angola () (2022)

Exports from Angola () to Iran () (2022)

Latest Data

Trade between Iran () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$5.72B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Iran than Angola included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

In 2022, countries that imported more from Angola than Iran included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola () and Iran () (2022)

Comparative Advantage Iran - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iran had a large net trade with Angola in the exports of Chemical Products ($896k), Animal Products ($137k), and Miscellaneous ($65.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Angola+$3.39kEthylene Polymers

Top Product Potential Angola Iran+$3.39kPetroleum Gas

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Angola () (2022)

Exports from Angola () to Iran () (2022)

Latest Data

Trade between Iran () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Iran () (2022)

Comparative Advantage Iran - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iran () and Angola () (2022)

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