Market Brief on Angola
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- Blaze Townsend
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1 Market Brief on Angola January 2018 Location Facts and Figures Total Population Area Time Zone Capital City International Telephone Code Currency Exchange Rate (10/01/2018) GDP 22.2 million sq.km +1 hr GMT +244 Kwanza 1 USD = AOA US$102.3 Billion Angola is situated on the West coast of Southern Africa, and is bordered in the North by Congo, and North and Northeast by Dem. Rep. of Congo (formerly Zaire), on the Southeast by Zambia, on the South by Namibia and on the West by the Atlantic Ocean. Cities and Population Major Cities Population N dalatando Huambo Lobito Benguela Kuito Lubango Malanje Namibe Soyo GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017 Report) Inflation Rate Official Language(s) Languages Business Hours Banking Hours US$ / Portuguese Literacy Rate 71.1% Measures Important International Participation Umbundu, Kikongo 0730am-1730pm Mon to Thursday; 0730am- 1200pm Friday 0730am-1730pm Mon to Thursday; 0730am- 1200pm Friday Metric System AU, SADC, WTO, UN, OPEC
2 US$'000 Angola Trade with the World 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000, Exports (US$'000) 66,427,390 70,863,076 67,712,527 58,672,369 33,047,779 Imports (US$'000) 20,790,996 28,722,984 26,756,063 28,753,499 16,757,790 Major import sources of Angola (2015) Major export destinations of Angola (2015) 2 16% 4% 16% 51% 1 11% China Portugal USA Russia China USA India South Africa Korea Brazil UK Taipei South Africa France Norway Germany Spain Portugal Belgium Italy
3 Major import products of Angola (2015) Major Export products of Angola (2015) 18% 1% 1% 41% 10% 4% 6% Pressure valves Electrical machinery and equipment (wire cables, generators) Mineral fuels Articles of iron or steel (bridges, pipes, doors, windows) Aircraft, spacecraft, and parts thereof Meat and edible meat offal Plastics and articles thereof Medical equipament Products of the milling industry Vehicles Fuels Machinery 9 Diamonds Zimbabwe Trade with Angola According to Trademap, Zimbabwe did not Export any products to Angola in However, it imported the following products from Angola during the same period: Product US$ Value 000 Frozen fish 13 Motor vehicles 12 Zimbabwe products with export potential to Angola Meat and edible meat offal Dairy products, eggs, honey, edible animal product Edible vegetables and certain roots and tubers Edible fruit, nuts, peel of citrus fruit, melons Coffee, tea, mate and spices Sugars and sugar confectionery Cereal, flour, starch, milk preparations and products Beverages, spirits and vinegar Tobacco and manufactured tobacco substitutes Cereal, flour, starch, milk preparations and products Pharmaceutical products Fertilizers Articles of leather, animal gut, harness, travel goods Paper and paperboard, articles of pulp, paper and board
4 Useful Addresses Embassy of the Republic of Zimbabwe in Angola Alameda do principe real Numeross 43, 45 E47 Bairro Miramar Angola Tel: ; Fax: Embassy of the People s Republic of Angola in Zimbabwe Doncaster House 26 Speke Avenue/ Angwa Street P.O. Box 3950 Harare Tel: ; Fax: info@angolaembassyzim.com Chamber of Commerce and Industry of Angola (CCIA) P.O Box 92 Tel: Fax: ccira@ebonet.net Ministry of Industry Rua Cerqueira Lukoko No. 25 P.O. Box 594 Tel: ; Fax: ; gvmi-ag@ebonet.net; Website: Preferential Trade Arrangements SADC Trade Protocol Zimbabwe and Angola are both members of the SADC Protocol. The Protocol is an agreement between SADC Member States to reduce customs duties and other barriers to trade on products from each other. Though a signatory to the SADC trade Protocol, Angola is yet to ratify. Exporting countries face full duty as they export to Angola including SADC countries. For more information on trading under SADC Trade Protocol refer to ZimTrade s Guide to Zimbabwe s Trade Agreements. Travelling to Angola Zimbabwe nationals require a visa to travel to Angola. A valid passport (at least 6 months) is required. Options to travel to Angola by air include: Harare-Angola (once a week- Wednesdays) Association of Angolan Industries (AIA) 6, Rua Fernando Cladeira, C.P.6127 Mobile: Telefax: Fax: / aia@netcabo.co.ao
5 For more information, please contact us Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to
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