Angola Balance of Trade2022 Data - 2023 Forecast - 2002-2021 Historical - Chart

Name: Angola Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Angola,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Angola recorded a trade surplus of 6878.20 USD Million in the fourth quarter of 2021. source: National Bank of Angola

Balance of Trade in Angola averaged 8972.91 USD Million from 2002 until 2021, 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. 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 - values, historical data and charts - was last updated on June of 2022.

Balance of Trade in Angola is expected to be 5800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Balance of Trade is projected to trend around 4300.00 USD Million in 2023 and 3400.00 USD Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	6878.20	5556.90	USD Million	Dec 2021
Current Account to GDP	12.40	1.60	percent of GDP	Dec 2021
Current Account	3740.20	871.90	USD Million	Dec 2021
Imports	3145.30	3244.60	USD Million	Dec 2021
Exports	10023.50	8801.50	USD Million	Dec 2021
Capital Flows	-3189.50	-2083.20	USD Million	Dec 2021
Foreign Direct Investment	3301.05	6310.85	USD Million	Dec 2021
External Debt	50132.50	50114.50	USD Million	Dec 2021
Remittances	3.39	2.73	USD Million	Sep 2021
Gold Reserves	19.07	19.10	Tonnes	Oct 2018

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.