Breadcrumb

Angola

AGOA Status: Angola is eligible for AGOA this year.

Trade Agreements: The U.S. and Angola signed a Trade & Investment Framework Agreement (TIFA) in 2009. The first meeting of the United States-Angolan Council on Trade and Investment was held in June 2010 in Luanda.

Angola Trade & Investment Summary

U.S. goods exports to Angola in 2022 were $653 million, up 46.7 percent ($208 million) from 2021 but down 56 percent from 2012. U.S. goods imports from Angola totaled $1.6 billion in 2022, up 53.1 percent ($554 million) from 2021, but down 84 percent from 2012.  The U.S. goods trade deficit with Angola was $945 million in 2022, a 57.8 percent increase ($346 million) over 2021.

U.S. foreign direct investment (FDI) in Angola (stock) was $255 million in 2022.

Angola's FDI in the United States (stock) was $92 million in 2022, down 3.2 percent from 2021.

 

NOTE: No services trade data with Angola are available.