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Angola

Angola ranked No. 69 in total trade value through October with a total of $3.04 billion. Exports totaled $449.92 million and Imports totaled $2.59 billion, a deficit of $2.14 billion.

January – October 2018

Top Trading Ports

Total Trade: $3.04 billion

RankPortTotal YTD
1Port of Newark $640,445,399
2Port of Long Beach $384,741,252
3Port of Wilmington, Dela. $363,433,059
4Port of Houston $326,890,612
5Shell Oil Terminal, Martinez, Calif. $232,337,270
6John F. Kennedy International Airport $167,066,717
7Port of Corpus Christi, Texas $117,918,014
8Port of Southern Louisiana, Gramercy, St. James Parish $107,409,006
9Port of Morgan City, La. $102,367,662
10Port of Savannah, Ga. $102,330,933

U.S. trade with Angola rose to $3.04 billion through October

Angola’s trade with the United States rose to $3.04 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.08 percent above its total trade during the same time period last year. Angola’s exports decreased 39.88 percent while imports rose 17.66 percent. The U.S. deficit with Angola was $2.14 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Long Beach; No. 3 Port of Wilmington, Dela.; No. 4 Port of Houston; and No. 5 Shell Oil Terminal, Martinez, Calif.. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Long Beach No. 3 Port of Virginia No. 4 Port of Corpus Christi, Texas and No. 5 Port of Houston. In the current time period, the top five accounted for 63.99 percent of Angola’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark fell 37.81 percent to $640.45 million.
    Exports fell 6.55 percent to $10.77 million. Imports fell 38.16 percent to $629.67 million.
  • Trade with No. 2 Port of Long Beach fell 10.82 percent to $384.74 million.
    Exports fell 33.64 percent to $173,648. Imports fell 10.8 percent to $384.57 million.
  • Trade with No. 3 Port of Wilmington, Dela. rose 131.9 percent to $363.43 million.
    There were no exports. Imports rose 132.46 percent to $363.43 million.
  • Trade with No. 4 Port of Houston rose 67.83 percent to $326.89 million.
    Exports fell 28.7 percent to $125.34 million. Imports rose 962.31 percent to $201.55 million.
  • Trade with No. 5 Shell Oil Terminal, Martinez, Calif. totaled $232.34 million.
    There were no exports. Imports totaled $232.34 million.

Angola ranked No. 69 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 66.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Angola by value through October were the categories of Poultry, fresh, chilled or frozen; Aircraft engines, engine parts; Parts for heavy machinery; Taps, cocks and valves for pipes, tanks; and Civilian aircraft, parts, respectively. They accounted for 61.44 percent of total exports to Angola.

The value of the top five categories of U.S. imports from Angola –– Oil; Diamonds, not mounted; Gasoline, other fuels; Petroleum gases, other gaseous hydrocarbons; and Value added to a returned import –– accounted for 99.99 percent of all inbound shipments.

Looking more closely at U.S. exports to Angola:

  • Poultry, fresh, chilled or frozen rose 22.71 percent compared to last year to $167.45 million.
  • Aircraft engines, engine parts fell 5.53 percent compared to last year to $36.75 million.
  • Parts for heavy machinery rose 47.35 percent compared to last year to $33.64 million.
  • Taps, cocks and valves for pipes, tanks rose 12.79 percent compared to last year to $21.65 million.
  • Civilian aircraft, parts fell 71.04 percent compared to last year to $16.95 million.

Looking more closely at U.S. imports from Angola:

  • Oil rose 15.95 percent compared to last year to $2.36 billion.
  • Diamonds, not mounted rose 49.06 percent compared to last year to $156.75 million.
  • Gasoline, other fuels rose 7.58 percent compared to last year to $63.43 million.
  • Petroleum gases, other gaseous hydrocarbons rose 600.28 percent compared to last year to $10.65 million.
  • Value added to a returned import fell 6.1 percent compared to last year to $4.79 million.

In the latest annual figures available, Angola recorded $3.41 billion in trade with the United States. At year’s end, its were New York City; Los Angeles; Houston; Philadelphia; and Norfolk. Total U.S. exports to Angola were $ 810.41 million and imports from Angola were $2.6 billion. The U.S. deficit with Angola was $1.79 billion.