Africa-Press – Angola. Angola is among the 30 African countries that will once again benefit from the African Growth and Opportunity Act (AGOA), a United States trade program recently extended in Washington.
The law, extended this week by the US, will allow the export of more than 7,000 products to the US market, without tariffs until December 31 of this year, with retroactive effect to September 30, 2025.
AGOA allows sub-Saharan African countries to export thousands of products to the US with reduced tariffs or even free of charges, provided that the origin of the products meets the requirements of the program, such as political pluralism, respect for human rights and the implementation of anti-corruption measures, aiming to foster economic development and strengthen trade relations.
With the renewal of the benefit until 2026, countries like Angola once again have a strategic opportunity to expand exports, attract investment, and strengthen their presence in international trade, in a context where economic diversification remains a priority for several African economies, according to some experts.
Angola has been exporting crude oil and other products to the United States, benefiting from preferential access to the US market under AGOA.
In this context, in 2021, for example, Angola exported oil to the US worth approximately 300 million US dollars.
Exports from AGOA beneficiary countries remain significant, with total values reaching almost 9.7 billion US dollars in 2023, with oil being the commodity that represents the largest share in this segment.
The extension of the agreement offers Angola the opportunity to diversify exports, especially in the agricultural, textile, and manufacturing sectors, increasing the competitiveness of national companies abroad.
Although it is a benefit valid for one year, it creates predictability for exporters and investors in a global economic context marked by trade tensions.
Created in 2000, during the presidency of Bill Clinton, AGOA is considered one of the main instruments of economic relations between the US and sub-Saharan African countries, facilitating access for African products to the US market under preferential conditions.
