As a least-developed country (LDC), Angola is a beneficiary of the EU's "Everything but Arms" (EBA) arrangement. Angola was slated to graduate from LDC status in 2024 but failed to meet the graduation criteria in that year and thus will remain an LDC for the foreseeable future. The World Bank considers Angola a lower middle-income economy with a per-capita income of $3,129 in 2025. EU imports from Angola amounted to about €4.1 billion in 2025, continuing a downward trend, and mostly consist of mineral fuels. As these enter the EU duty-free under the normal tariff regime, the scope for preferential imports is more limited - but nevertheless these almost doubled in 2025, to €72 million.
The EBA arrangement covers all LDCs as classified by the United Nations. This arrangement enables duty-free and quota-free access for all products originating in LDCs except for arms and ammunition. Unlike beneficiaries of the Standard GSP and GSP+, LDCs are not excluded from the scheme if they benefit from other preferential arrangements or agreements with the EU.
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Economic development in Angola is mainly driven by the oil sector. Growth in the oil sector especially contributed to the country’s reconstruction following the 27 year long civil war which ended in 2002. However, the dependency on the oil sector also makes Angola vulnerable to fluctuations on the world market.
Mineral fuels and oils are by far the most important export product for Angola, followed by ships and diamonds.
Angola's most important trading partner is China with a share of 41.6% in 2025, followed by the EU (22.2%), which is Angola's largest supplier.
The Angolan economy is dominated by oil production. The manufacturing sector centres around petroleum refineries and the production of equipment for the petroleum industry. Other industries include processed food, textiles, and electrical goods. The majority of Angola's population is employed in the agricultural sector, which is dominated by small-scale subsistence farming.
Less than 2% of overall EU imports from Angola made use of EBA preferences in 2025 (mostly because mineral fuels are duty-free in the EU anyway). The preference utilisation rate, which represents the ratio of preferential imports to GSP eligible imports, stood at 82%.
Total trade with the EU amounted to €8.7 billion in 2025. The EU is by far the most important source of Angola's imports: 29.9% of imports originated in the EU in 2025. 19.2% of Angola's exports is destined for the EU.
Only a fraction of Angola's exports to the EU were eligible for EBA preferences in 2025.
Angola's preference utilisation rate in 2025.
Share of zero-duty imports from Angola in 2025. Most imports are duty-free under normal EU tariffs.
EBA-eligible imports from Angola were relatively high in 2025 compared to previous years but nevertheless account for only a fraction of the EU's total imports from Angola (mostly mineral fuels). Angola’s preference utilisation rate substantially increased during the 2010, indicating that the country made increasing use of its preferential access to the EU market, but have declined since, to about 82%. At the level of product sections, most major product groups make almost full use of preferences. This includes for example exports of fish products, fruits and vegetables, as well as coffee, tea and spices, for which preferential tariffs were used for more than 99% of eligible exports. Preferences for some other important product sections are more limited - especially for machinery; for these, meeting rules of origin is more difficult.
Most EU imports from Angola consist of mineral products and precious stones, which are traded under MFN zero duties. Imports under the EBA are fish and crustaceans, chemicals, base metals, iron and steel, and food preparations, all of which have utilisation rates above 90%.
Angola's preferential access to the EU market, as a beneficiary of the EU's EBA scheme, is not bound to the ratification of international conventions. Nonetheless, Angola maintains a high level of ratification of the core international conventions on human rights and labour standards listed in the GSP Regulation: Angola has ratified 14 out of the 15 conventions. Also, it has ratified all of the eight environmental protection and four good governance conventions listed in the GSP Regulation.
Access all info about EU-Angola relations on the International Partnerships website.