Crude oil has been the main export item adding value to Angola's economy. In 2021, the country exported crude oil worth over 20 billion U.S. dollars, which corresponded to some 85 percent of the total value generated by exports. In 2020, the value added by oil exports accumulated to nearly 18.3 billion U.S. dollars, significantly below in comparison to previous years. The fall reflected an international decrease in crude oil prices, a result of the coronavirus (COVID-19) pandemic.
Value of exports from Angola between 2015 and 2021, by sector
(in million U.S. dollars)
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Banco Nacional de Angola. (January 5, 2022). Value of exports from Angola between 2015 and 2021, by sector (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1138955/value-of-exports-from-angola-2015-2020-by-sector/
Banco Nacional de Angola. "Value of exports from Angola between 2015 and 2021, by sector (in million U.S. dollars)." Chart. January 5, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1138955/value-of-exports-from-angola-2015-2020-by-sector/
Banco Nacional de Angola. (2022). Value of exports from Angola between 2015 and 2021, by sector (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1138955/value-of-exports-from-angola-2015-2020-by-sector/
Banco Nacional de Angola. "Value of Exports from Angola between 2015 and 2021, by Sector (in Million U.S. Dollars)." Statista, Statista Inc., 5 Jan 2022, https://www.statista.com/statistics/1138955/value-of-exports-from-angola-2015-2020-by-sector/
Banco Nacional de Angola, Value of exports from Angola between 2015 and 2021, by sector (in million U.S. dollars) Statista, https://www.statista.com/statistics/1138955/value-of-exports-from-angola-2015-2020-by-sector/ (last visited December 22, 2024)
Value of exports from Angola between 2015 and 2021, by sector (in million U.S. dollars) [Graph], Banco Nacional de Angola, January 5, 2022. [Online]. Available: https://www.statista.com/statistics/1138955/value-of-exports-from-angola-2015-2020-by-sector/