Angola

Relations between India and Angola are underpinned by a vibrant energy partnership and date back to the pre-independence era of Angola.

Angola has been supportive of India´s candidature to various posts in the UN

Exim Bank extended three commercial LOCs valued at US$28mn

India is Angola's third largest trading partner

Angola is the second largest oil supplier to India in sub-Saharan Africa

US$4.1bn is the value of Angola's oil-led exports to India

US$ 3,177.53 mn
was the value of bilateral trade in 2021-2022

865,000

Companies in Angola

4000
Overseas Indians living in Angola

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

US$ 1.5-2 billion

Investments by Indian businessmen in Angola in sectors such as plastics, metal, steel, garments and real estate

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$ 72967 mn

GDP

Civil construction

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

100%

FDI allowed under the automatic route in all sectors/activities

India-Angola Bilateral Brief

A document that shows numerous political, cultural, and trade milestones achieved under the India-Angola bilateral ties.

India- Angola Bilateral Relations

Relations between India and Angola, one of the major oil producers in Africa, are underpinned by a vibrant energy partnership. India’s corporate sector looks at Angola as a land of opportunity

Shri. M.J. Akbar, Minister of State of External Affairs visited Sao Tome and Principe and Angola from March 13-16, 2018.

During the visit, Agreement on Economic Cooperation, MOU on cooperation in the Traditional Medicine Systems and MOU on Cooperation in the Field of Medicinal Plants were signed between the two countries

India-Angola First Joint Commission Meeting

The Representatives reviewed the status quo of bilateral relations and discussed potential collaboration in sectors including Agriculture, Banking & Finance and Healthcare.

India's Exports and Imports to Angola

Source: Department of Commerce

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.gov USGS

Prodcution: 21,839 million tons

usgs.gov

Production: 1,473 barrels/day

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

opec.org USGS 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.org USGS usgs.gov

Production: 9,500 million tons

usgs.gov

Production: 50,000 million tons

usgs.gov USGS Report

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Agriculture

Chemicals

Construction

Food Processing

Gems & Jewellery

Healthcare

Mining

Oil and Natural Gas

Roads and Highways

Telecom

Textiles and Garments

Top Import/ Export Items

India's top import from Angola

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

GAIL

State Bank of India

Mohan Exports (India) Private Limited

Exim Bank