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Angola
Angola, located in Southern Africa, is officially known as the Republic of Angola. In sub-Saharan Africa, it stands as the 2nd biggest diamond and petroleum producer. Due to its petroleum exports, the US is Angola's 3rd largest trade partner. The economy of Angola is growing because of its rich deposits of oil and gas and diamonds along with agricultural land. Diamond production has been a great source of attracting foreign investment. Main industries of Angola include: petroleum, diamonds, iron ore, phosphates, feldspar, bauxite, uranium, gold, cement, basic metal products, fish processing, food processing, brewing, tobacco products, sugar, textiles and ship repair. |
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Economy of Angola |
| Currency |
Angolan Kwanza |
| Fiscal Year |
01 January - 31 December |
| Trade Organizations |
AU, WTO |
| GDP(PPP) |
$4,300 |
| Exports |
$35.53 Billion |
| Imports |
$10.21 Billion |
| Main industries |
petroleum, diamonds, iron ore, phosphates, feldspar, bauxite, uranium, gold, cement, basic metal products, fish processing, food processing, brewing, tobacco products, sugar, textiles and ship repair. |
| Export goods |
crude oil, diamonds, refined petroleum products, gas, coffee, sisal, timber, cotton, fish and fish products.
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