AGOA Status
Angola is eligible for AGOA this year.
Trade Agreements
The U.S. and Angola signed a Trade and 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 Summary
U.S. goods and services trade with Angola totaled an estimated $3.2 billion in 2024, up 55.9 percent ($1.1 billion) from 2023.
U.S. total goods trade (exports plus imports) with Angola was an estimated $2.6 billion in 2024. U.S. goods exports to Angola in 2024 were $682.4 million, up 14.0 percent ($83.8 million) from 2023. U.S. goods imports from Angola in 2024 totaled $1.9 billion, up 61.0 percent ($708.4 million) from 2023. The U.S. goods trade deficit with Angola was $1.2 billion in 2024, a 111.1 percent increase ($624.5 million) over 2023.
U.S. total services trade (exports plus imports) with Angola totaled an estimated $642 million in 2024. U.S. services exports to Angola in 2024 were $570 million, up 133.6 percent ($326 million) from 2023. U.S. services imports from Angola in 2024 were $72 million, up 60 percent ($27 million) from 2023. The U.S. services trade surplus with Angola was $498 million in 2024, a 150.3 percent increase ($299 million) over 2023.
