Statistics

Annual Report: No. 21 Angola- Mutual benefits

July 6th, 2006

Houston and Angola are deepening commercial ties – and both are seeing improved trade as a result.

When Angola was searching for a site for its second consulate in the United States, it chose Houston. When the country’s capital city of Luanda entered into a sister-city relationship with a U.S. city, it chose Houston.

The lure of Houston’s energy-oriented economy and its strategic location weren’t lost on the African nation. And now, with Angola’s oil-driven economy growing at more than 20 percent, both traders are benefiting from the ties.

Houston was the second most important Customs district for trade with Angola, handling some $2 billion in commerce. Not surprisingly, imports of crude oil reached $1.2 billion for a gain of 222 percent in dollar value.

Imports of refined oil from Angola fell nearly 28 percent, but petroleum gas imports jumped almost 500 percent to nearly $40 million.

Increased crude oil demand and higher oil prices helped imports from Angola jump nearly 173 percent, but Houston exports also posted their own 62 percent jump. With oil money spurring new production and exploration in Angola by companies like Chevron and ExxonMobil, Houston exports of machinery parts and pipelines all rose.

Some $32 million of new military helicopters also left through the Houston Customs District and headed for Angola in 2005.

In 2000, Sonair, a subsidiary of government energy company Sonangol, launched a non-stop charter service between Houston and Angola, primarily for oil executives and oil-related cargo.

Houston likely to be No. 4 Customs district for 2006 (01/25/2007)

Houston exports see notable increase in third quarter (12/11/2006)

Semi-annual report: Houston growth at faster clip than most (09/08/2006)

Here comes China! Imports rise 85%, catapault it to No. 3 overall (07/07/2006)

Annual Report: No. 21 Angola- Mutual benefits (07/06/2006)

Annual Report: No. 20 Japan- Houston woos and wins Japan (07/06/2006)

Annual Report: N0. 19 Norway- Symbiotic relationship (07/06/2006)

Annual Report: No. 18 Kuwait- Embracing Mideast opportunities (07/06/2006)

Annual Report: No. 2 Venezuela - Beyond the politicians (07/06/2006)

Annual Report: No. 17 Italy- From leather to nuts (07/06/2006)

Annual Report: No. 16 France- Outpaced by oil-rich nations (07/06/2006)

Annual Report: No. 3 Nigeria - Oil lubricates market (07/06/2006)

Annual Report: No. 15 Colombia- Coffee perks up trade (07/06/2006)

Annual Report: No. 14 Belgium- Scoring with petrochemicals (07/06/2006)

Annual Report: No.13 Russia- Imports, exports, up double digits (07/06/2006)

Annual Report: No. 4 China - Trade skyrockets (07/06/2006)

Annual Report: No. 12 South Korea- Fine-tuning a trade balance (07/06/2006)

Annual Report: No. 11 Iraq- Rebuilding Iraq thanks to oil (07/06/2006)

Annual Report: No. 5 United Kingdom - Setting a fast pace in trade (07/06/2006)

Annual Report: No. 10 Algeria- Algeria ties its fortunes to oil (07/06/2006)

Annual Report: No. 6 Germany - Cars add to spark-fired trade (07/06/2006)

Annual Report: No. 9 The Netherlands- Getting a line to Europe (07/06/2006)

Annual Report: No. 7 Saudi Arabia (07/06/2006)

Annual Report: No. 8 Brazil- New U.S. gateway for Brazil (06/14/2006)

1Q: China, Algeria, Colombia lead way as trade increases 14% (06/02/2006)

Houston is the nation's fastest growing Customs district for 2005, with a 30 percent gain in total import and export value (03/15/2006)

Houston's trade surges
No surprise - it's all about the price of oil (01/01/2006)