Angola is a large country located in southern Africa. The country is rich in natural resources, including oil and diamonds. Angola has a long history of conflict, which has led to a period of economic downturn. However, the Angolan economy is now growing rapidly, and the country is becoming an increasingly popular destination for online shopping.
There are a number of reasons why Angola is an attractive market for online retailers. Firstly, the country has a population of over 30 million people, which offers a large potential customer base. Secondly, Angola is experiencing rapid economic growth, with GDP growth forecast to reach 7% in 2020. This growth is being driven by strong demand for oil and gas, as well as other minerals such as diamonds.
Thirdly, the Angolan government is supportive of online shopping and has introduced a number of initiatives to encourage growth in the sector.
The following are some of the best selling products in Angola online in 2020:
Table of Contents
1. Oil and Gas
Angola is one of the world’s largest producers of oil and gas. The country’s oil reserves are estimated to be around 9 billion barrels, while its gas reserves are estimated at around 5 trillion cubic feet. The majority of Angola’s oil production takes place in the offshore Cabinda province. However, there is also significant production from onshore fields, particularly in the provinces of Luanda and Benguela.
Oil and gas are Angola’s main exports, and they generate a large amount of revenue for the country. Angola is a member of OPEC, and its oil production is subject to quotas. In recent years, Angola has been producing around 1.5 million barrels of oil per day.
2. Diamonds
Angola is one of the world’s largest producers of diamonds. The country has an estimated 8 million carats of diamonds in reserve, and it produces around 6 million carats per year. The vast majority of Angola’s diamond production takes place in the Lunda Norte and Lunda Sul provinces.
Diamonds are a significant source of revenue for Angola, and they are also used as a form of currency in the country. In addition to being used for jewelry, diamonds are also used in industrial applications such as cutting and polishing.
3. Coffee
Angola is one of Africa’s leading producers of coffee. The country produces around 1.5 million bags of coffee per year, the majority of which is exported. Angola’s main export markets for coffee include the United States, Germany, and the Netherlands.
Coffee is an important crop for Angola, and it generates a significant amount of revenue for the country. In addition to being consumed domestically, coffee is also used as a form of currency in Angola.
4. Fish
Fish is another important commodity in Angola, and the country has a large fishing industry. Angola’s coastal waters are home to a variety of fish species, including tuna, sardines, and mackerel. The country’s fish stocks are estimated to be around 1.5 million tons.
The majority of Angola’s fish production takes place in the provinces of Benguela and Cabinda. Fish is an important source of food for the Angolan population, and it is also exported to a number of countries, including Portugal, China, and the United States.
5. Timber
Angola has a large timber industry, and the country is home to a variety of forests. Angola’s forests are estimated to cover a total area of around 20 million hectares. The country’s main export markets for timber include Portugal, China, and the United Kingdom.
Timber is an important commodity for Angola, and it generates a significant amount of revenue for the country. In addition to being used for construction and furniture, timber is also used as a form of currency in Angola.
6. Sugar
Angola is one of the world’s leading producers of sugar. The country produces around 1.5 million tons of sugar per year, the majority of which is exported. Angola’s main export markets for sugar include Portugal, China, and the United States.
Sugar is an important crop for Angola, and it generates a significant amount of revenue for the country. In addition to being consumed domestically, sugar is also used as a form of currency in Angola.
7. Cocoa
Angola is one of Africa’s leading producers of cocoa. The country produces around 9,000 tons of cocoa beans per year, the majority of which is exported. Angola’s main export markets for cocoa include the United States, Germany, and the Netherlands.
Cocoa is an important crop for Angola, and it generates a significant amount of revenue for the country. In addition to being used for chocolate and other food products, cocoa is also used as a form of currency in Angola.
8. Tea
Angola is one of Africa’s leading producers of tea. The country produces around 5,000 tons of tea per year, the majority of which is exported. Angola’s main export markets for tea include the United Kingdom, Germany, and the United States.
Tea is an important crop for Angola, and it generates a significant amount of revenue for the country. In addition to being consumed domestically, tea is also used as a form of currency in Angola.
9. Tobacco
Angola is one of Africa’s leading producers of tobacco. The country produces around 2,000 tons of tobacco per year, the majority of which is exported. Angola’s main export markets for tobacco include the United States, Germany, and the Netherlands.
Tobacco is an important crop for Angola, and it generates a significant amount of revenue for the country. In addition to being used for cigarettes and other tobacco products, tobacco is also used as a form of currency in Angola.
10. Apparel
Angola is a major producer of apparel. The country’s textile and clothing industry is estimated to be worth around $1 billion. Angola’s main export markets for apparel include the United States, Portugal, and China.
Apparel is an important commodity for Angola, and it generates a significant amount of revenue for the country. In addition to being used domestically, apparel is also exported to a number of countries, including the United States, Portugal, and China.
Conclusion
Angola is a major producer of a variety of commodities, including oil, diamonds, fish, timber, sugar, cocoa, tea, tobacco, and apparel. These commodities are important for the Angolan economy, and they generate a significant amount of revenue for the country. In addition to being exported to other countries, some of these commodities are also used as a form of currency in Angola.
