India (IND) and Angola (AGO) Trade | The Observatory of Economic Complexity

About

India-Angola In 2022, India exported $734M to Angola. The main products that India exported to Angola are Rice ($193M), Packaged Medicaments ($108M), and Special Purpose Ships ($53.2M). During the last 27 years the exports of India to Angola have increased at an annualized rate of 17.4%, from $9.71M in 1995 to $734M in 2022.

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

Angola-India In 2022, Angola exported $4.81B to India. The main products that Angola exported to India were Crude Petroleum ($3.59B), Petroleum Gas ($1.07B), and Diamonds ($128M). During the last 27 years the exports of Angola to India have increased at an annualized rate of 68.6%, from $3.62k in 1995 to $4.81B in 2022.

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

Comparison In 2022, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Angola ranked 118 in the Economic Complexity Index (ECI -1.4), and 58 in total exports ($54.1B).

Latest Trends

January, 2024

About

Overview In January 2024, India exported $35M and imported $372M from Angola, resulting in a negative trade balance of $337M. Between January 2023 and January 2024 the exports of India have decreased by $-11.7M (-25.1%) from $46.7M to $35M, while imports increased by $33.4M (9.85%) from $339M to $372M.

Trade In January 2024, the top exports of India to Angola were Drug Formulations, Biologicals ($9.09M), Motor Vehicle/Cars ($6.87M), Rice(Other Than Basmoti) ($2.98M), Indl. Machnry For Dairy Etc ($2.81M), and Cosmetics And Toiletries ($2.01M). In January 2024 the top imports of India from Angola were Petroleum: Crude ($338M), Lead And Products Made Of Led ($908k), Other Wood And Wood Products ($105k), and Misc Processed Items ($1.73k).

Growth In January 2024, the decrease in India's year-by-year exports to Angola was explained primarily by an decrease in product exports in Paper, Paper Board And Product ($-1.21M or -68.6%), Electric Machinery And Equipme ($-1.12M or -72.8%), and Alcoholic Beverages ($-1.06M or -66.3%). In January 2024, the increase in India's year-by-year imports from Angola was explained primarily by an increase in product imports in Petroleum: Crude ($161M or 91.3%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-11.7M(-25.1%)

IMPORT GROWTH (January 2023 - January 2024)$33.4M(9.85%)

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

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

For full datasets download visit Bulk Download page.

Explore Angola and India Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $734M to Angola. The main products exported from India to Angola were Rice ($193M), Packaged Medicaments ($108M), and Special Purpose Ships ($53.2M). During the last 27 years the exports of India to Angola have increased at an annualized rate of 17.4%, from $9.71M in 1995 to $734M in 2022.

In 2022, Angola exported $4.81B to India. The main products exported from Angola to India were Crude Petroleum ($3.59B), Petroleum Gas ($1.07B), and Diamonds ($128M). During the last 23 years the exports of Angola to India have increased at an annualized rate of 68.6%, from $3.62k in 1999 to $4.81B in 2022.

Exports from India () to Angola () (2022)

Exports from Angola () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Angola
Top DestinationChina$21.8B

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

In 2021, countries that imported more from India than Angola were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2021, countries that imported more from Angola than India were China ($21.8B), Bermuda ($65.3M), and Sao Tome and Principe ($41M).

Difference in imports from Angola () and India () (2022)

Comparative Advantage India - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Angola in the exports of Vegetable Products ($197M), Chemical Products ($158M), and Transportation ($102M).

During 2022, Angola had a large net trade with India in the exports of Mineral Products ($4.67B), Precious Metals ($128M), and Transportation ($6.18M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more India has comparative advantage over Angola. Similarly, the more yellow a dot/product is, the more Angola has comparative advantage over India.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from India () to Angola () (2022)

Exports from Angola () to India () (2022)

Market Competitiveness

Difference in imports from Angola () and India () (2022)

Comparative Advantage India - Angola

Economic Complexity

Competitive Landscape

Product Space of India () and Angola () (2022)

Keep Exploring