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  • strengths
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  • Indian Mission

US$ 2,139mn
was the value of bilateral trade in 2020-2021

1.5mn

bbls oil production daily w.e.f. January 1, 2019

2,500
Overseas Indians living in Angola

Concurrent Accreditation The Mission in Angola also handles India's bilateral relations with Equatorial Guinea, Sao Tome & Principe

US$16.7bn

gross international reserves reached in January 2019

Rich in

hydraulic power, iron ore, bauxite, phosphates, feldspar, uranium and gold. Agricultural products produced include bananas, sugarcane, coffee, sisal, corn, cotton, manioc (tapioca), tobacco, vegetables, plantains, livestock and forest products

US$3.8bn

International Monetary Fund Extended Financial Facility to Angola

Civil construction

offers huge opportunity as Government plans to build a million homes for low income groups costing US$50bn

12-15 years

tax holiday with high business margins for a new manufacturing entity. Portuguese, Brazilian, South African and Chinese companies have benefited from this

India's Exports and Imports to Angola

Values in US $ Millions

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 552.64 223.19 154.63 234.92 282.36
2 %Growth -59.61 -30.72 51.92 20.2
3 India’s Total Export 310,338.48 262,291.09 275,852.43 303,526.16 330,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.18 0.09 0.06 0.08 0.09
6 IMPORT 4,617.64 2,766.81 2,596.49 4,323.85 4,027.49
7 %Growth -40.08 -6.16 66.53 -6.85
8 India’s Total Import 448,033.41 381,007.76 384,357.03 465,580.99 514,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 1.03 0.73 0.68 0.93 0.78
11 TOTAL TRADE 5,170.29 2,990.00 2,751.12 4,558.77 4,309.86
12 %Growth -42.17 -7.99 65.71 -5.46
13 India’s Total Trade 758,371.89 643,298.84 660,209.46 769,107.15 844,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.68 0.46 0.42 0.59 0.51
16 TRADE BALANCE
17 India’s Trade Balance -137,694.93 -118,716.67 -108,504.60 -162,054.83 -184,000.33

Confederation of Indian Industry

+91-11-45771000, 24629994-7

Visit Website

The Mantosh Sondhi Centre, 23, Institutional Area, Lodi Road, New Delhi - 110 003 (India)

Angolan Community of Exporting and Internationalized Companies (CEEIA)

+244-912-832 388

Visit Website

Largo 1 Maio, Torres Dipanda A, 4º Andar Luanda, Angola

Agencia Nacional de Investmento Privado (ANIP)

+244-222-391434, 331252

Edificio do Ministerio da Industria (9th Floor) Rua Cerqueira Lukoki, No. 25 Luanda

Embassy of India, Luanda, Angola

00-244-941564851 / 941564887 / 941565957 / 941566132 / 931521458

Visit Website

House No. 47,
Commandante Nzaji Street,
Alvalade, Luanda

Opportunities

Agricultural exports

    Beer made from malt (220300)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

    agriexchange.apeda.gov.in

    Cuts & edible offal of species Gallus domesticus, frozen (020714)
    Meat of bovine animals, frozen, boneless (020230)
    Meat of fowls of species Gallus domesticus, not cut in pieces, frozen (020712)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
    Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)

    agriexchange.apeda.gov.in

    Maize (corn) flour (110220)
    Wheat/meslin flour (110100)

    agriexchange.apeda.gov.in

    Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)

    agriexchange.apeda.gov.in

    Uncooked pasta, not stuffed/othw. prepd., not cont. eggs (190219)

    agriexchange.apeda.gov.in

    Kidney beans, incl. white pea beans (Phaseolus vulgaris), dried, shelled, w … (071333)

    agriexchange.apeda.gov.in

    Fish; frozen, jack and horse mackerel (Trachurus spp.), excluding fillets, livers, roes, and other fish meat of heading 0304 (030355)
    Fish; frozen, n.e.c. In heading 0303, excluding fillets, livers, roes, and other fish meat of heading 0304 (030389)
    Sardines Sardinella and brisling/sprats whole or in pieces but not minced prpd/prsvd 1604137)
    Sauces and smlr products of meat meat offal or blood food prons based on these products (160100)
    Tunas Skipjack/Atlantic Bonito(Sarda Sp) whole/pieces but not minced prpd/prsvd (160414)

    fishexchange.mpeda.gov.in
Minerals

    Production: 900,000 mn tons

    usgs.govUSGS

    Prodcution: 21,839 million tons

    usgs.gov

    Production: 1,473 barrels/day

    Reserve: 8,160 million barrels
    Export: 1,420.6 barrels/day

     

    opec.orgUSGS Report

    Production: 6,069 kgs

    usgs.gov

    Production: 143,965 million tons

    usgs.gov

    Production: 800,000 million tons

    usgs.gov

    Production: Limestone – 1,400,000 tonnes, Lime – 880,000 tonnes

    USGS Report

    Production: 9,614 million cubic meters

    Reserve: 383 billion cubic meters
    Export: 541.1 million cubic meters
    Production: LNG – 5.2 million tons/year

    opec.orgUSGSusgs.gov

    Production: 9,500 million tons

    usgs.gov

    Production: 50,000 million tons

    usgs.govUSGS Report

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Angola
  • Oil
India's top export to Angola
  • Tractors and transport vehicles
  • Agricultural machinery and implements
  • Food and meat products
  • Pharmaceuticals and cosmetics
  • Tea
  • Rice (Basmati)
  • Spirits & beverages
  • Finished leather products
  • Paper and wood products

Bilateral Investors

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