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Angola

Angola ranked No. 88 in total trade value through August with a total of $953.52 million. Exports totaled $352.87 million and Imports totaled $600.65 million, a deficit of $247.79 million.

January – August 2019

Top Trading Ports

Total Trade: $953.52 million

RankPortTotal YTD
1Port of Houston $131,532,363
2Port of Bellingham, Wash. $109,238,770
3Port of Southern Louisiana, Gramercy, St. James Parish $92,588,487
4Shell Oil Terminal, Martinez, Calif. $89,116,399
5Port of Port Arthur, Texas $70,934,984
6Port of Savannah, Ga. $61,560,253
7Port of Long Beach $59,273,720
8John F. Kennedy International Airport $56,317,425
9Huntsville International Airport, Ala. $42,802,006
10Port of Corpus Christi, Texas $38,762,999

U.S. trade with Angola rose to $953.52 million through August

Angola’s trade with the United States rose to $953.52 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 63.02 percent below its total trade during the same time period last year. U.S. exports to Angola increased 2.54 percent while U.S. imports from Angola fell 73.12 percent. The U.S. deficit with Angola was $247.79 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Bellingham, Wash.; No. 3 Port of Southern Louisiana, Gramercy, St. James Parish; No. 4 Shell Oil Terminal, Martinez, Calif.; and No. 5 Port of Port Arthur, Texas. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Wilmington, Dela. No. 3 Port of Houston No. 4 Port of Long Beach and No. 5 Shell Oil Terminal, Martinez, Calif.. In the current time period, the top five accounted for 51.75 percent of Angola’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 54.48 percent to $131.53 million.
    Exports rose 44.25 percent to $127.29 million. Imports fell 97.89 percent to $4.24 million.
  • Trade with No. 2 Port of Bellingham, Wash. rose 62.33 percent to $109.24 million.
    There were no exports. Imports rose 62.33 percent to $109.24 million.
  • Trade with No. 3 Port of Southern Louisiana, Gramercy, St. James Parish fell 13.8 percent to $92.59 million.
    There were no exports. Imports fell 13.8 percent to $92.59 million.
  • Trade with No. 4 Shell Oil Terminal, Martinez, Calif. fell 42.51 percent to $89.12 million.
    There were no exports. Imports fell 42.51 percent to $89.12 million.
  • Trade with No. 5 Port of Port Arthur, Texas totaled $70.93 million.
    There were no exports. Imports totaled $70.93 million.

Angola ranked No. 88 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 $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Angola by value through August were the categories of Chicken and other poultry; Parts for heavy machinery; Aircraft engines, engine parts; Taps, cocks and valves for pipes, tanks; and Catalytic converters, air filters, oil filers, etc., respectively. They accounted for 58.66 percent of total exports to Angola.

The value of the top five categories of U.S. imports from Angola –– Oil; Gasoline, other fuels; Diamonds, not mounted; Value added to a returned import; and Iron or steel nails, tacks, drawing pins –– accounted for 99.98 percent of all inbound shipments.

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

  • Chicken and other poultry fell 21 percent compared to last year to $104.14 million.
  • Parts for heavy machinery rose 69.51 percent compared to last year to $42.23 million.
  • Aircraft engines, engine parts fell 8.18 percent compared to last year to $27.05 million.
  • Taps, cocks and valves for pipes, tanks rose 10.15 percent compared to last year to $18.24 million.
  • Catalytic converters, air filters, oil filers, etc. rose 64.49 percent compared to last year to $15.31 million.

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

  • Oil fell 78.19 percent compared to last year to $446.94 million.
  • Gasoline, other fuels rose 74.96 percent compared to last year to $90.6 million.
  • Diamonds, not mounted fell 56.64 percent compared to last year to $52.69 million.
  • Value added to a returned import rose 1797.72 percent compared to last year to $10.07 million.
  • Iron or steel nails, tacks, drawing pins rose 1143.31 percent compared to last year to $246,052.

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.