U.S.-ANGOLA TRADE FACTS

Angola is currently the 72nd largest goods trading partner of the U.S. with $3.2 billion goods trade in 2018. Goods exports from the U.S. to Angola totaled $527 million and goods imports from Angola to the U.S. totaled $2.7 billion.

According to the Department of Commerce, the U.S. exports of goods to Angola supported an estimated 7 thousand jobs in 2015 (latest data available).

Exports (from the U.S. to Angola)

Angola was the United States 99th largest goods export market in 2018.

U.S. goods exports from the U.S. to Angola in 2018 were $527 million, down 34.9% ($283 million) from 2017 and down 73.9% from 2008.

The top U.S. to Angola export categories (2-digit HS) in 2018 were: meat (poultry) ($188 million), machinery ($169 million), electrical machinery ($26 million), aircraft ($21 million), and miscellaneous chemical products ($20 million).

The U.S. total exports of agricultural products to Angola totaled $193 million in 2018. Leading domestic export categories include: poultry meat and products (e.g. eggs) ($156 million), beef & beef products ($4 million), prepared food ($3 million), planting seeds ($1 million), and pulses ($515 thousand).

Imports (from Angola to the U.S)

Angola was the United States’ 61st largest supplier of goods imports in 2018.

The U.S. goods imports from Angola totaled $2.7 billion in 2018, up 3.6% ($95 million) from 2017, but down 85.7% from 2008.

The top import categories (2-digit HS) in 2018 were: mineral fuels ($2.5 billion), precious metal and stone (diamonds) ($198 million), special other (returns) ($5 million), railway vehicles/equipment ($391 thousand), and iron and steel products ($243 thousand).

The U.S. total imports of agricultural products from Angola totaled $77 thousand in 2018.

TRADE BALANCE

  • The U.S. goods trade deficit with Angola was $2.2 billion in 2018, a 21.0% increase ($378 million) over 2017.

INVESTMENT

  • The U.S. foreign direct investment (FDI) in Angola (stock) was $780 million in 2017, a 20.7% increase from 2016. There is no information on the distribution of U.S. FDI in Angola.
  • Angola’s FDI in the United States (stock) was $226 million in 2017, down 3.8% from 2016. There is no information on the distribution of Angola FDI in the U.S.

NOTE: No services trade data with Angola are available.

Links:
https://ustr.gov/countries-regions/africa/southern-africa/angola

2018 Biennial Report on the Implementation of the African Growth and Opportunity Act (AGOA):
https://ustr.gov/sites/default/files/2018_AGOA_Implementation.pdf