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. See the press release below for more information.

U.S.-Angola Trade Facts

Angola is currently our 41st largest goods trading partner with $15.1 billion in total (two way) goods trade during 2011.

Exports

Angola was the United States' 69th largest goods export market in 2011.

U.S. goods exports to Angola in 2011 were $1.5 billion, up 16% from 2010.

The top export categories (2-digit HS) in 2011 were: Machinery ($405 million), Aircraft ($386 million), Meat (poultry) ($208 million), Iron and Steel Products ($84 million), and Electrical Machinery ($60 million).

Imports

Angola was the United States' 30th largest supplier of goods imports in 2011.

U.S. goods imports from Angola totaled $13.6 billion in 2011, a 13.9% increase ($1.7 billion) from 2010.

The five largest import categories in 2011 were: Mineral Fuel and Oil (crude oil) ($13.4 billion), Precious Stones (diamonds) ($169 million), Special Other (returns) ($3 million), Optical and Medical Instruments ($116 thousand), and Plastic ($7 thousand).

Trade Balance

The U.S. goods trade deficit with Angola was $12.1 billion in 2011, a 13.6% increase ($1.5 billion) from 2010.