Angola recorded a trade surplus of 6852.04 USD Million in the third quarter of 2018. Balance of Trade in Angola averaged 10430.98 USD Million from 2002 until 2018, reaching an all time high of 42932 USD Million in the fourth quarter of 2008 and a record low of 958.33 USD Million in the first quarter of 2015.

Balance of Trade in Angola is expected to be 5166.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Angola to stand at 4749.00 in 12 months time. In the long-term, the Angola Balance of Trade is projected to trend around 3148.00 USD Million in 2020, according to our econometric models.

Angola Balance of Trade
Forecast Data Chart
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Angola Trade Last Previous Highest Lowest Unit
Balance of Trade 6852.04 6634.96 42932.00 958.33 USD Million [+]
Exports 10761.76 10727.46 63913.90 5317.98 USD Million [+]
Imports 3909.72 4092.50 22659.90 2777.87 USD Million [+]
Current Account -942.70 -3071.00 13853.30 -10272.80 USD Million [+]
Current Account to GDP -0.90 -3.00 20.40 -28.10 percent [+]
Capital Flows -5472.16 6029.20 6927.30 -9017.60 USD Million [+]
Crude Oil Production 1457.00 1489.00 2030.00 503.00 BBL/D/1K [+]
Gold Reserves 19.07 19.10 20.03 8.80 Tonnes [+]
Foreign Direct Investment 8559.00 13424.93 16581.00 105.00 USD Million [+]
External Debt 43739.10 43368.50 43739.10 7594.83 USD Million [+]
Terrorism Index 0.15 0.00 6.35 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Angola Balance of Trade

Angola exports mostly crude oil (more than 90% of total exports) and small quantities of diamonds, coffee, sisal and fish. Angola main exports partners are China (more than 40% of total exports), followed by the United States, India, France, Taiwan, South Africa and Canada. Angola imports machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles and military goods. Portugal is the main supplier of the Angolan economy (18% of total imports) followed by China, United States, Brazil and South Africa. This page provides the latest reported value for - Angola Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6852.04 6634.96 42932.00 958.33 2002 - 2018 USD Million Quarterly

Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18