Angola: Trade Profile

Foreign Trade in Figures

Angola has considerably liberalized its trade scheme in the last recent years. Foreign trade represented more than 100% of GDP before the economic crisis (90% in 2009). The country is a member of SADC (Southern Africa Development Community) and ECCAS (Economy Community of Central African States).

Custom duties are relatively low, between 5% to 10%. The import of certain products, such as pharmaceuticals and agricultural products, still requires authorizations from the concerned official ministries. Angola has also adopted the SADC (Southern Africa Development Community) guidelines in the subject of biotechnology which bans the import of genetically modified crops.

With the introduction of a new customs code in January 2007, the country has taken a big leap towards the reform of its foreign trade. However, the unjustified delays in customs clearance at the ports still remain a major problem. Despite the contraction of its trade due to the global crisis, Angola has a structural positive trade balance, a trend that should continue for the next following years.

The main trading partners of Angola are the United States, China and the European Union.

Foreign Trade Indicators	2007	2008	2009	2010	2011
Imports of Goods (million USD)	13,661	20,982	22,660	21,500	21,000
Exports of Goods (million USD)	44,396	63,914	40,828	52,300	65,500
Imports of Services (million USD)	11,997	20,451	18,210	16,028	-
Exports of Services (million USD)	311	329	623	857	-
Trade Balance (million USD)	30,735	42,932	18,168	-	-
Current Account (million USD)	10,581	7,194	-7,572	-	-
Foreign Trade (in % of GDP)	117	128	98	102	-
Imports of Goods and Services (in % of GDP)	44	51	46	44	-
Exports of Goods and Services (in % of GDP)	74	76	52	58	-

Source: WTO - World Trade Organization ; World Bank - Last Available Data.

To go further, check out our service Import controls and Export controls

To go further, check out our service Import export flows

Commercial Policy

Main International Economic Cooperation: Member of World Trade Organisation
Member of African Union (AU)

Member of Southern African Development Community (SADC)

Member of Common Market for Eastern and Southern Africa (COMESA)

Member of Economic Community of Central African States (ECCAS)
Assessment of Commercial Policy: Angola ’s Commercial Policy
Barriers to exchanges
Average Customs Duty (Excluding Agricultural Products): 6.95%

List of tariffs and local taxes that apply to your product on our service Customs duties and local taxes

Useful Resources: Angolan Customs Directorate
National Organization of Intellectual Property: You can contact the Angolan Institute of Industrial Property by Email.

Any Comments About This Content? Report It to Us.

Learn more about How to Export to Angola on Globaltrade.net, the Directory for International Trade Service Providers.

TERMS & CONDITIONS | SITEMAP | FAQ | VIDEOS | CONTACT