Angolan export trends
- The Trade Adviser
- Jul 22, 2024
- 1 min read
Updated: Jun 12
Angola has a rich history of trade, largely driven by its oil and gas resources. Over the years, the country has seen highs and lows in its trade balance, with oil exports being the main contributor to its revenue. However, Angola's trade is not just about oil. The nation also exports diamonds, other minerals, and agricultural products. This article will explore the different aspects of Angola's export trends, highlighting key sectors and trade partners.
Key Takeaways
Angola's oil and gas sector remains the backbone of its export economy.
Diamonds and other minerals are significant contributors to Angola's trade revenue.
Agricultural exports like coffee, sisal, and fish are gaining importance.
China, India, and European countries are major trade partners for Angola.
Trade agreements like SADC and ECCAS play a crucial role in shaping Angola's trade policies.
