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Statistical data (Angola)

Economic Indicators

 202120222023
Population (million)34.535.7136.78
GDP (US$ billion)74.86122.8394.38
Real GDP Growth Rate (%)1.230.5
Total Export of Goods (US$ billion)344725127538351
Total Import of Goods (US$ billion)113791780316108
Total Export of Services (US$ billion)94*82*76
Total Import of Services (US$ billion)7,050*11,297*8591
Consumer Price Index (%)25.821.413.6
Current Account Balance (US$ billion)8.3998.3998.399 

Source: * data from World Trade Organization (WTO) and the others from International Monetary Fund (IMF)

 

Main export and import goods destinations 

Main export destinations (2021)Proportion in total value of exports goods (%)
China60.4
India9.0
United Arab Emirates4.2
Thailand3.0
Others23.4
Main import origins (2021)Proportion in total value of imports goods (%)
China15.1
Portugal12.1
India6.7
Togo5.5
Others60.6

Source: International Monetary Fund (IMF)

 

Major import and export goods

Major export goods (2021)Proportion in total value of exports goods (%)
Fossil fuels, mineral oil and distilled products thereof; bituminous substances; mineral wax94.1
Natural or cultured pearls, precious or semi-precious stones, preciousmetals, metals clad with precious metal and articles thereof; immitation jewellery; coin.4.6
Others1.3
Major import goods (2021)Proportion in total value of imports goods (%)
Fossil fuels, mineral oil and distilled products thereof; bituminous substances; mineral wax16.2
Nuclear reactors, boilers, machinery and mechanical appliances and relevant spare parts16.0
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles6.9
Others60.9

Source: International Trade Center (ITC)

 

Statistics on Trade in Services

Main Export of Services (2021)Proportion in total value exports of services (%)
Telecommunications, Computer & Information Services34.0
Other business services26.6
Tourism23.4
Other16.0
Main Import of Services (2021)Proportion in total value imports of services (%)
Transportation36.3
Other Business Service24.3
Construction12.6
Other26.8

Remarks:The above content is based on estimated value of UNCTAD, WTO and ITC.
Source:International Trade Centre (ITC)

 

Statistics of trades between Mainland China and Angola (US$ ten thousands)

YearTotal TradeTotal Exports value*Total Imports value**
202323,049,0694,142,53718,906,532
202227,342,8984,096,91123,245,987
202123,343,6422,493,08020,850,561

Remarks: * Value of goods exported to Angola from Mainland China; **Value of goods imported from Angola to Mainland China Source: General Administration of Customs of the People’s Republic of China

 

Statistics on the trade goods between Macao and Angola (US$) (USD 1 » MOP 8)

YearTotal tradeTotal exports value**Total imports value***
2023391,747.6391,747.6
2022953,018.6953,018.6
202120,761.120,761.1

Remarks: * Value of goods exported to Angola from Macao; **Value of goods imported from Angola to Macao.

Source: Statistics and Census Service (DSEC), Macao SAR Government

 

Sources:

 

• Country (region) guide for foreign investment cooperation (Angola) by the Ministry of Commerce of the People’s Republic of China 

• “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange

• General Administration of Customs of the People’s Republic of China

• SinoMaps Press

• Statistics and Census Service (DSEC), Macao SAR Government

• International Monetary Fund (IMF)

• International Trade Center (ITC)

• “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)

• “Country Economic Forecast – Angola (Mar 2023)” by Oxford Economics

 

 Updated in June 2024.