Angola
Africa
Trade in Angola
| Angola was the world’s 59th largest exporter of goods and 163rd largest exporter of commercial services in 2022. Export values were $51.28 billion and $82 million USD respectively. Angola’s top export category was Fuels and mining products, followed by Manufactures, and Machinery and transport equipment. In 2022, Angola’s main export destination markets for goods and services trade were to China, India and Spain, with trade representing 68.17 per cent of GDP. In terms of imports, Angola is the world’s 88th largest importer of goods and 61st largest importer of commercial services. Import values were $17.80 billion and $11.30 billion USD respectively in 2022. Angola’s top import category was Manufactures, followed by Machinery and transport equipment and Fuels and mining products. Leading import partners were China, France and Portugal. Angola is part of 2 different Regional Trade Agreements, including Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Republic of Angola |
Abbreviation |
AO |
Capital |
Luanda |
WTO Membership Date |
23 November 1996 |
Legal System |
civil legal system based on Portuguese civil law; no judicial review of legislation |
Language |
Portuguese |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Angolan kwanza |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Government MSME Agency |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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