Industries:
petroleum; diamonds, iron ore, phosphates, feldspar, bauxite, uranium, and gold; cement; basic metal products; fish processing; food processing; brewing; tobacco products; sugar; textiles
Electricity - production: 1.475 billion kWh (1999)
Electricity - production by source:
fossil fuel: 32.2% hydro: 67.8% (1999)
Electricity - consumption: 1.372 billion kWh (1999)
Agriculture - products:
bananas, sugarcane, coffee, sisal, corn, cotton, manioc (tapioca), tobacco, vegetables, plantains; livestock; forest products; fish.
Exports : $7.8 billion (2000)
Exports - commodities: crude oil 90%, |
|
diamonds, refined petroleum products, gas, coffee, sisal, fish and fish products, timber, cotton
Exports - partners: US 54%, South Korea 14%, Benelux 11%, China 7%, Taiwan 6% (1999)
Imports : $2.5 billion (f.o.b., 2000 est.)
Imports - commodities: machinery and electrical equipment, vehicles and spare parts; medicines, food, textiles, military goods
Imports - partners: South Korea 16%, Portugal 15%, US 13%, South Africa 10%, France 8% (1999)
Currency : kwanza (AOA)
Currency code: AOA
Exchange rates: kwanza per US dollar - 17,910,800 (January 2001) |
OIL AND GAS INDUSTRIES
 Angola's 34 offshore concession areas stretch westward into the Atlantic Ocean in three distinct bands: shallow water blocks with a depth of no more than 1,670 feet, deep water blocks with a maximum depth of 4,950 feet, and ultra deep blocks with a maximum depth of 8,250 feet«more» |
|
DIAMONDS
 First discovered in Angola in 1912, diamonds are found in both alluvial deposits and volcanic kimberlite pipes. Geologists estimate that Angola's alluvial reserves could total as much as 130 million carats «more» |
IRON ORE
With substantial deposits of gold, iron ore, phosphates, manganese, copper, lead, quartz, gypsum, marble, black granite, beryl, zinc and numerous base and strategic metals...«more» |
|
HYDROELECTRIC
 Plans include a $500 million effort to rehabilitate the National Electricity Company hydropower stations and a $200 million project to repair six dams.«more» |
Before 1975, Angola was the world's fourth largest coffee producer. The International Coffee Organization (ICO) is funding an $8 million pilot project aimed at rehabilitating the coffee sector by resettling coffee farmers and assisting them to establish new farms. «more»
Angola is beginning to attract investors in the manufacturing and industrial sector. The Coca Cola Company has opened a bottling factory. The Chinese Guangdong Overseas Construction Corporation is building the first motorcycle assembly plant in Angola.«more»
Angola's extensive forests contain valuable tree species including rosewood, ebony, and African sandalwood, as well as mahogany, tola and mulberry «more»
Angola's 1,600 kilometer coastline teems with mackerel, tuna, shellfish and sardines.«more»