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Pricing

2022
Flag → Flag
Exports $89.3MRnk 90 / 138
2022
Flag → Flag
Top Product $22.4MRefined Petroleum
2022
Flag → Flag
Exports $697kRnk 72 / 150
2022
Flag → Flag
Top Product $646kAircraft Parts
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 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 $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 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

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.

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.

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

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.19M and imported $314 from Angola, resulting in a positive trade balance of $1.19M. Between January 2021 and January 2022 the exports of Russia have decreased by $-5.18M (-81.4%) from $6.37M to $1.19M, while imports decreased by $-694 (-68.9%) from $1.01k to $314.

Trade In January 2022, the top exports of Russia to Angola were Delivery Trucks ($4.23M), Refined Petroleum ($967k), Other Iron Products ($391k), Transmissions ($195k), and Nitrogenous Fertilizers ($192k). In January 2022 the top imports of Russia from Angola were .

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($483k), ST. PETERSBURG ($299k), LIPETSK REGION ($149k), LENINGRAD REGION ($129k), and STAVROPOL TERRITORY ($77k), while imports destinations were mainly N/A.

Growth In January 2022, the decrease in Russia's year-by-year exports to Angola was explained primarily by an decrease in product exports in Nitrogenous Fertilizers ($-769k or -80.1%), Other Rubber Products ($-15.3k or -96.4%), and Other Plastic Products ($-57.4 or -22.1%). In December 2021, the decrease in Russia's year-by-year imports  from Angola was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-5.18M(-81.4%)
IMPORT GROWTH (December 2020 - December 2021)$-694(-68.9%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$483k

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

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

For full datasets download visit Bulk Download page.

Explore Angola and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $89.3M in 2022.

In 2017, 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 2022 to $697k in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Angola
Top DestinationChina$21.8B

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

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

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

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

Comparative Advantage Russia - Angola

Flow
Scale

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

During 2022, Russia had a large net trade with Angola in the exports of Transportation ($31M), Mineral Products ($22.5M), and Vegetable Products ($13.4M).

During 2017, Angola had a large net trade with Russia in the exports of Transportation ($657k), Machines ($36.1k), and Mineral Products ($3.49k).

Potential Exports

Potential Exports

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

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

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

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