Angola
On this page you will find beneficial information regarding foreign direct investment in / trading with Angola. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Republic with Multiparty Presidential Regime
Population: 35.59 million (2022)
GDP: 106.8 billion USD (2022)
Corporate Tax Rate: 25%
Personal Income Tax Rate: 25%
Major Exports: The top exports of Angola are Crude Petroleum ($39.4B), Petroleum Gas ($6.62B), Diamonds ($5.02B), Refined Petroleum ($837M), and Special Purpose Ships ($574M), exporting mostly to China ($21.8B), India ($4.81B), Netherlands ($3.91B), France ($3.8B), and United Arab Emirates ($3.63B).
Major Imports: The top imports of Angola are Refined Petroleum ($2.16B), Wheat ($545M), Cars ($468M), Poultry Meat ($436M), and Palm Oil ($355M), importing mostly from China ($3.91B), Portugal ($1.59B), Netherlands ($1.25B), United Arab Emirates ($745M), and India ($734M). In 2022, Angola was the world's biggest importer of Eyewear and Clock Glass ($80.6M).
Investment Agency: Private Investment And Export Promotion Agency
Website: https://www.aipex.gov.ao/
National Chamber of Commerce: Angola Area Chamber of Commerce
Website: https://www.angolachamber.org/
Customs Agency: General Tax Administration (AGT)
Website: http://www.agt.minfin.gov.ao/
