Angola: Trade Profile

Foreign Trade in Figures

Angola has considerably liberalized its trade regime in the last recent years. Foreign trade representedg more than 100% 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%. Importing certain products, such as pharmaceuticals and agricultural products, still requires license authorizations from the concerned ministries. Angola has also adopted the SADC (Southern Africa Development Community) guidelines in biotechnology which effectively prohibits the import of biotechnology grain.

With the introduction of a new customs code in January 2007, the country has taken a big leap towards reforming its foreign trade. However, the unjustified delays in custom clearance at ports still remains a major problem. Angola is a country that has registered a large trade surplus, a trend that should continue for the next following years, in spite of the drop of prices for raw materials.

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

Foreign Trade Indicators	2006	2007	2008	2009	2010
Imports of Goods (million USD)	8,778	13,661	20,982	22,660	21,500
Exports of Goods (million USD)	31,862	44,396	63,914	40,828	52,300
Imports of Services (million USD)	6,860	11,997	20,451	18,210	-
Exports of Services (million USD)	-	311	329	623	-
Trade Balance (million USD)	23,085	30,735	42,932	18,168	-
Current Account (million USD)	10,690	10,581	7,194	-7,572	-
Foreign Trade (in % of GDP)	110	117	128	98	102
Imports of Goods and Services (in % of GDP)	36	44	51	46	44
Exports of Goods and Services (in % of GDP)	74	74	76	52	58

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

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

Egyptian Mission in Angola
comandante stona street
N247 Alvalade
Phone: (+2442)22321591 - 2321593 - Dir 2320568
Fax: (+2442) 22323285
Contact the Mission via Email.
National Organization of Intellectual Property: You can contact the Angolan Institute of Industrial Property by Email.

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