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Angola

Angola ranked No. 114 in total trade value through February with a total of $91.26 million. Exports totaled $70.61 million and Imports totaled $20.64 million, a surplus of $49.97 million.

January – February 2019

Top Trading Ports

Total Trade: $91.26 million

RankPortTotal YTD
1Port of Houston $31,809,296
2Port of Newark $16,380,904
3Port of Savannah, Ga. $8,708,361
4Huntsville International Airport, Ala. $8,280,152
5Houston’s George Bush Intercontinental Airport, Texas $7,187,916
6John F. Kennedy International Airport $5,505,601
7Port of Charleston $4,509,769
8Port of New Orleans $1,381,461
9Low-Valued Imports and Exports $1,046,107
10Port of Virginia $1,021,440

U.S. trade with Angola rose to $91.26 million through February

Angola’s trade with the United States rose to $91.26 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 65.79 percent below its total trade during the same time period last year. Angola’s exports increased 20.69 percent while imports fell 90.09 percent. The U.S. surplus with Angola was $49.97 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Newark; No. 3 Port of Savannah, Ga.; No. 4 Huntsville International Airport, Ala.; and No. 5 Houston’s George Bush Intercontinental Airport, Texas. During the same period the previous year, the top five were No. 1 Port of Morgan City, La. No. 2 Port of Long Beach No. 3 Port of Newark No. 4 Port of Southern Louisiana, Gramercy, St. James Parish and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 79.3 percent of Angola’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 167.27 percent to $31.81 million.
    Exports rose 157.72 percent to $30.67 million. Imports totaled $1.14 million.
  • Trade with No. 2 Port of Newark fell 62.08 percent to $16.38 million.
    Exports fell 58.74 percent to $1.09 million. Imports fell 62.3 percent to $15.29 million.
  • Trade with No. 3 Port of Savannah, Ga. fell 29.8 percent to $8.71 million.
    Exports fell 30.12 percent to $8.67 million. Imports totaled $40,124.
  • Trade with No. 4 Huntsville International Airport, Ala. rose 285.16 percent to $8.28 million.
    Exports rose 284.69 percent to $8.27 million. Imports totaled $10,087.
  • Trade with No. 5 Houston’s George Bush Intercontinental Airport, Texas rose 30.67 percent to $7.19 million.
    Exports rose 30.03 percent to $7.15 million. Imports rose 1446.21 percent to $38,145.

Angola ranked No. 114 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 83.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Angola by value through February were the categories of Poultry, fresh, chilled or frozen; Parts for heavy machinery; Aircraft engines, engine parts; Taps, cocks and valves for pipes, tanks; and Binders for found molds; chemical products, respectively. They accounted for 57.6 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; Value added to a returned import; and Iron or steel nails, tacks, drawing pins –– accounted for 99.88 percent of all inbound shipments.

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

  • Poultry, fresh, chilled or frozen fell 34.54 percent compared to last year to $13.83 million.
  • Parts for heavy machinery rose 703.61 percent compared to last year to $13.69 million.
  • Aircraft engines, engine parts rose 327.76 percent compared to last year to $5.4 million.
  • Taps, cocks and valves for pipes, tanks rose 3.8 percent compared to last year to $4.57 million.
  • Binders for found molds; chemical products rose 109.66 percent compared to last year to $3.18 million.

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

  • Oil fell 93.44 percent compared to last year to $12.51 million.
  • Diamonds, not mounted fell 76.36 percent compared to last year to $4.09 million.
  • Gasoline, other fuels totaled $2.77 million. The previous year, there were no imports in this category.
  • Value added to a returned import rose 900.99 percent compared to last year to $1.17 million.
  • Iron or steel nails, tacks, drawing pins totaled $74,100. The previous year, there were no imports in this category.

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.