Refined petroleum products imports in Angola: data, top suppliers and prices
Angola imported $2.69 billion of refined petroleum products in 2024 (1.38 million tonnes). Value fell 19% from 2023. Over 2017-2024 the trade grew strongly, by about 33% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.69B | 1.38M t |
| 2023 | $3.32B | 2.27M t |
| 2022 | $3.19B | 1.36M t |
| 2021 | $1.71B | 1.48M t |
| 2020 | $788.5M | 784.3K t |
| 2019 | $1.32B | 1.04M t |
| 2018 | $2.32B | 2.57M t |
| 2017 | $356.6M | 642.0K t |
Where Angola imports refined petroleum products from
The largest suppliers were South Korea (20%), United Kingdom (16%), Belgium (12%). Trade is spread widely: the top three suppliers together make up only 48%. Among the main suppliers, South Africa grew fastest (+372% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $541.8M | 20% |
| United Kingdom | $440.6M | 16% |
| Belgium | $322.1M | 12% |
| Singapore | $280.9M | 10% |
| India | $257.1M | 9.6% |
| Nigeria | $218.5M | 8.1% |
| Malaysia | $120.3M | 4.5% |
| South Africa | $87.7M | 3.3% |
| Togo | $78.7M | 2.9% |
| United Arab Emirates | $74.7M | 2.8% |
Average import price per kg
The average declared value was about $1.95 per kg, 164% above the world average of $0.74. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined petroleum products exports from Angola
Exports of refined petroleum products by Angola reached $485.0 million in 2024 (347.8 thousand tonnes). Togo alone took 51% of it. Among the main buyer markets, Sao Tome and Principe grew fastest (+333% on the year before).
| Destination | Value | Share |
|---|---|---|
| Togo | $245.2M | 51% |
| Brazil | $69.1M | 14% |
| United States | $47.9M | 9.9% |
| Mauritius | $32.8M | 6.8% |
| United Kingdom | $29.0M | 6% |
| Sao Tome and Principe | $16.8M | 3.5% |
| Gibraltar | $16.3M | 3.4% |
| Burkina Faso | $10.3M | 2.1% |
| Cabo Verde | $9.5M | 2% |
| Belgium | $7.6M | 1.6% |
Who is behind these numbers in Angola?
The shipment records behind Angola refined petroleum products imports (HS 2710): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils.
Common questions
What is the value of refined petroleum products imported by Angola?
Angola imported refined petroleum products worth $2.69 billion in 2024, the latest year with complete public data, about 1.38 million tonnes. That ranks it 67th of 226 countries worldwide, with 0% of world imports. The value was down 19% on 2023.
Which countries supply refined petroleum products to Angola?
South Korea was the largest supplier with 20% of the value ($541.8 million), followed by the United Kingdom (16%) and Belgium (12%). The top three together account for 48%, out of 57 supplier countries in total. South Africa grew fastest among the top ten, up 372% on the year.
What is the average import price of refined petroleum products per kg?
The average declared import value was about $1.95 per kg in 2024, 164% above the world average of $0.74 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of refined petroleum products to Angola changed since 2017?
Imports went from $356.6 million in 2017 to $2.69 billion in 2024, an increase of 654%. The peak was 2023 at $3.32 billion. Over 8 years the average was $1.96 billion a year.
Does Angola also export refined petroleum products?
Yes. Angola exported $485.0 million worth of this product in 2024, mainly to Togo, Brazil and the United States. On balance Angola is a net importer of this product, by about $2.20 billion a year.
What is the HS code for refined petroleum products?
The HS code for refined petroleum products is heading 2710. In Angola all of this trade was declared under the six-digit code 2710.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2710 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Angola. Tell us your product to see it live.
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