Crude Petroleum in Angola | The Observatory of Economic Complexity

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Exports In 2022, Angola exported $39.4B in Crude Petroleum, making it the 12th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Angola. The main destination of Crude Petroleum exports from Angola are: China ($21.5B), India ($3.59B), France ($2.37B), Netherlands ($1.78B), and Spain ($1.57B).

The fastest growing export markets for Crude Petroleum of Angola between 2021 and 2022 were France ($2.19B), China ($2.08B), and India ($1.76B).

Imports In 2022, Angola imported $18.7k in Crude Petroleum, becoming the 119th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1051st most imported product in Angola. Angola imports Crude Petroleum primarily from: United Kingdom ($9.92k), United States ($3.3k), Portugal ($2.61k), Namibia ($2.17k), and Spain ($443).

The fastest growing import markets in Crude Petroleum for Angola between 2021 and 2022 were United Kingdom ($8.66k), United States ($3.13k), and Portugal ($2.33k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Angola to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$39.4B

IMPORTS (2022)$18.7k

NET TRADE (2022)$39.4B

In 2022, Angola exported $39.4B in Crude Petroleum. The main destinations of Angola exports on Crude Petroleum were China ($21.5B), India ($3.59B), France ($2.37B), Netherlands ($1.78B), and Spain ($1.57B).

In 2022, Angola imported $18.7k in Crude Petroleum, mainly from United Kingdom ($9.92k), United States ($3.3k), Portugal ($2.61k), Namibia ($2.17k), and Spain ($443).