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by FlagPictures.orgA country sharing Africa’s southwestern coastline with the Atlantic Ocean, the Republic of Angola shipped US$33.7 billion worth of exported products around the world in 2025.
That dollar amount results from a -3.7% slowdown from $35 billion 5 years earlier in 2021.
Year over year, the overall value of Angolan exports reduced by -14.4% compared to $39.4 billion during 2024.
Based on its average exchange rate for 2025, the Angolan kwanza appreciated by 31.7% against the US dollar since 2021 and strengthened by 4.9% from 2024 to 2025. Angola’s stronger local currency makes the southwest African country’s exports paid for in weaker US dollars relatively more expensive for international buyers starting from American currency.
Angola’s 3 most valuable export products are crude oil, petroleum gases and unset diamonds. Collectively, that trio of major products was worth 87.4% of the overall value of Angolan exports for 2025.
Angola’s Top Trading Partners
The latest available country-specific data shows that 85.9% of products exported from Angola was bought by importers in: mainland China (43% of the Angolan total), India (10.8%), Indonesia (5.8%), Spain (5.6%), United Arab Emirates (5.4%), Netherlands (3.8%), France (2.6%), South Africa (2.1%), Ivory Coast (2%), Democratic Republic of the Congo (1.7%), Namibia (1.55%) and the United States of America (1.47%).
From a continental perspective, 68.8% of Angola’s exports by value was delivered to Asian countries while 16.8% was sold to importers in Europe.
Angola shipped another 9.8% worth of goods to customers based in Africa.
Smaller percentages went to buyers in North America (3%), Latin America (1.5%) excluding Mexico but including the Caribbean, then Oceania (0.1%) mostly Marshall Islands, Vanuatu and New Zealand.
Given Angola’s population of 39.3 million people, its total US$33.7 billion exported goods translates to roughly $850 for every resident in the southwest African country. That dollar metric lags the average $1,050 per capita one year earlier in 2024.
The following export product groups represent the highest dollar value in Angolan global shipments during 2024. Also shown is the percentage share each export category represents in terms of overall exports from Angola.
- Mineral fuels including oil: US$28.1 billion (83.4% of total exports)
- Ships, boats: $2.8 billion (8.3%)
- Gems, precious metals: $1.8 billion (5.3%)
- Iron, steel: $270.1 million (0.8%)
- Machinery including computers: $227.2 million (0.7%)
- Articles of iron or steel: $73.6 million (0.2%)
- Optical, technical, medical apparatus: $47.9 million (0.1%)
- Fish: $44.7 million (0.1%)
- Salt, sulphur, stone, cement: $42.9 million (0.13%)
- Lead: $40 million (0.12%)
Angola’s top 10 export product categories accounted for 99.2% of the overall value of its global shipments.
Lead represents the fastest grower among the top 10 export categories, up by 12,479% from 2024 to 2025.
In second place for improving export sales were the metals iron and steel via a 270.5% advance.
Angola’s shipments of salt, sulphur, stone and cement posted the third-fastest gain in value, up by 198.8%.
The leading decliner among Angola’s top 10 export categories was the mineral fuels including oil grouping, thanks to a -18.2% year-over-year drop.
At the more granular four-digit Harmonized Tariff System code level, crude oil represents Angola’s most valuable exported product worth 72.5% of the African nation’s total. In second place were petroleum gases (9.6%) trailed by unmounted and unset diamonds (5.3%), cruise or cargo ships and barges (3%), light vessels, fireboats and floating docks (2.8%), warships and lifeboats (1.9%), processed petroleum oils (1.3%), iron or non-alloy steel bars and rods (0.7%), tugboats and pusher craft (0.5%), then items made from lead (0.1%).
Products Driving Angola’s Best Trade Surpluses
Overall Angola achieved an estimated US$16.9 billion trade surplus for 2025, deflating by -30.6% from the $24.4 billion in black ink one year earlier in 2024.
The following types of Angolan product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.
In a nutshell, net exports reflect the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
- Mineral fuels including oil: US$25.4 billion (Down by -19.4% since 2024)
- Ships, boats: $2.6 billion (Down by -2.5%)
- Gems, precious metals: $1.8 billion (Up by 15.8%)
- Iron, steel: $44.8 million (Reversing a -$131.7 million deficit)
- Lead: $39.2 million (Reversing a -$238,000 deficit)
- Fish: $18.4 million (Down by -6.4%)
- Salt, sulphur, stone, cement: $7.8 million (Reversing a -$10.1 million deficit)
Historically, Angola has highly positive net exports in the international trade of crude oil and, to a lesser extent, petroleum gases. In turn, these cashflows indicate Angola’s strong competitive advantages under mineral fuels including oil category.
Products Causing Angola’s Worst Trade Deficits
Below are exports from Angola that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Angola’s goods trail Angolan importer spending on foreign products.
- Machinery including computers: -US$2.6 billion (Up by 4.1% since 2024)
- Electrical machinery, equipment: -$1.4 billion (Up by 46.8%)
- Vehicles: -$1 billion (Up by 21.4%)
- Articles of iron or steel: -$992.7 million (Up by 0.4%)
- Cereals: -$862.9 million (Up by 5.4%)
- Plastics, plastic articles: -$532.7 million (Up by 11.4%)
- Meat: -$454.1 million (Up by 0.6%)
- Optical, technical, medical apparatus: -$417.7 million (Up by 12.4%)
- Pharmaceuticals: -$358.5 million (Up by 37.1%)
- Animal/vegetable fats, oils, waxes: -$356.4 million (Up by 5.0%)
Angola has highly negative net exports and therefore deep international trade deficits under the machinery including computers product category.
Angolan Export Companies
No Angolan corporation ranks among Forbes Global 2000.
Wikipedia lists exports-related companies from Angola. Selected examples are shown below.
- Angola Cables (fibreoptics)
- Angola LNG (natural gas)
- Cuca beer (alcoholic beverages)
- Endiama (diamonds)
- Secil Maritima (shipping)
- Sonangol Group (oil, gas)
- Transafrik International (cargo airliner)
- Unitel Angola (mobile phones)
In macroeconomic terms, Angola’s total exported goods represent 8.4% of its overall Gross Domestic Product for 2025 ($402.2 billion valued in Purchasing Power Parity US dollars). That 8.4% for exports to overall GDP in PPP for 2025 compares to 10.3% for 2024. Those percentages suggest a relatively decreasing reliance on products sold on international markets for Angola’s total economic performance, albeit based on a short timeframe.
Another key indicator of an economy’s health is its unemployment rate. Angola’s jobless rate was 21.5% at June 2026, down from its 26.9% jobless rate one year earlier.
Angola’s capital city is Luanda.
See also China’s Top Trading Partners, Nigeria’s Top 10 Exports and South Africa’s Top 10 Exports
Research Sources:
EXCHANGE-RATES.org, Exchange Rates (selected indicators). Accessed on August 31, 2026
Central Intelligence Agency, The World Factbook Country Profiles. Accessed on August 31, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 31, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 31, 2026
International Trade Centre, Trade Map. Accessed on August 31, 2026
Investopedia, Net Exports Definition. Accessed on August 31, 2026
Wikipedia, Gross domestic product. Accessed on August 31, 2026
Wikipedia, List of Companies of Angola. Accessed on August 31, 2026
Wikipedia, Purchasing power parity. Accessed on August 31, 2026


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