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2022
Flag → Flag
Exports $1.59BRnk 9 / 208
2022
Flag → Flag
Top Product $74MPackaged Medicaments
2022
Flag → Flag
Exports $620MRnk 16 / 150
2022
Flag → Flag
Top Product $583MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186

About

Portugal-Angola Trade: In 2022, Portugal exported $1.59B to Angola. The main products that Portugal exported to Angola were Packaged Medicaments ($74M), Soybean Oil ($56M), and Wine ($51.5M). Over the past 5 years the exports of Portugal to Angola have decreased at an annualized rate of 5.85%, from $2.15B in 2017 to $1.59B in 2022.

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

Angola-Portugal Trade: In 2022, Angola exported $620M to Portugal. The main products that Angola exported to Portugal were Crude Petroleum ($583M), Crustaceans ($8.36M), and Bananas ($6.22M). Over the past 5 years the exports of Angola to Portugal have increased at an annualized rate of 13.1%,  from $334M in 2017 to $620M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Latest Trends

N/A

About

Overview In N/A, Portugal exported €N/A and imported €N/A from Angola, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Portugal have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Portugal to Angola were Machinery, mechanical appliances, & parts (€24M), Electrical machinery and electronics (€15.1M), Iron or steel articles (€8.33M), Optical, photo, & film equipment; medical... (€6.94M), and Pharmaceutical products (€6.37M). In N/A the top imports of Portugal from Angola were Mineral fuels, mineral oils and products... (€76.7M), Fish, crustaceans, & molluscs (€1.77M), Machinery, mechanical appliances, & parts (€1M), Edible fruits, nuts & fruit peels (€961k), and Wood, wood articles, & charcoal (€315k).

Growth In N/A, the N/A in Portugal's year-by-year exports to Angola was explained primarily by an decrease in product exports in Optical, photo, & film equipment; medical... (€-2.18M or -23.9%), Animal or vegetable fats, oils, &... (€-1.65M or -36.3%), and Chemical products n.e.s. (€-1.07M or -47%). In N/A, the N/A in Portugal's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in Food residues & wastes; animal fodder (€-367k or -85.3%), Wood, wood articles, & charcoal (€-143k or -31.2%), and Coffee, tea, mate & spices (€-85.7k or -70.3%).

Latest Trade

Time Scale
Flow
Value

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1.59B to Angola. The main products exported from Portugal to Angola were Packaged Medicaments ($74M), Soybean Oil ($56M), and Wine ($51.5M). During the last 5 years the exports of Portugal to Angola have decreased at an annualized rate of 5.85%, from $2.15B in 2017 to $1.59B in 2022.

In 2017, Angola exported $620M to Portugal. The main products exported from Angola to Portugal were Crude Petroleum ($583M), Crustaceans ($8.36M), and Bananas ($6.22M). During the last 5 years the exports of Angola to Portugal have increased at an annualized rate of 13.1%, from $334M in 2022 to $620M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Portugal than Angola included Spain ($20.5B), Germany ($8.76B), and France ($9.49B).

In 2022, countries that imported more from Angola than Portugal included China ($21.8B), India ($4.81B), and United Arab Emirates ($3.63B).

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

Comparative Advantage Portugal - Angola

Flow
Scale

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

During 2022, Portugal had a large net trade with Angola in the exports of Machines ($470M), Chemical Products ($190M), and Foodstuffs ($151M).

During 2017, Angola had a large net trade with Portugal in the exports of Mineral Products ($587M), Vegetable Products ($9.2M), and Animal Products ($8.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Angola+$7.39MRefined Petroleum
Top Product Potential Angola Portugal+$61.6MCrude 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 Portugal and Angola. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Portugal.

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

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