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Pricing

2022
Flag → Flag
Exports $180kRnk 93 / 141
2022
Flag → Flag
Top Product $75.6kInterchangeable Tool Parts
2022
Flag → Flag
Exports $2.02kRnk 157 / 173
2022
Flag → Flag
Top Product $1.53kBeauty Products
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186

About

Azerbaijan-Namibia Trade: In 2022, Azerbaijan exported $180k to Namibia. The main products that Azerbaijan exported to Namibia were Interchangeable Tool Parts ($75.6k), Metal-Rolling Mills ($55.1k), and Forging Machines ($11.5k). Over the past 5 years the exports of Azerbaijan to Namibia have increased at an annualized rate of 41.4%, from $31.9k in 2017 to $180k in 2022.

In 2022, Azerbaijan did not export any services to Namibia.

Namibia-Azerbaijan Trade: In 2022, Namibia exported $2.02k to Azerbaijan. The main products that Namibia exported to Azerbaijan were Beauty Products ($1.53k) and Other Furniture ($491). Over the past 5 years the exports of Namibia to Azerbaijan have decreased at an annualized rate of 34.2%,  from $16.3k in 2017 to $2.02k in 2022.

In 2022, Namibia did not export any services to Azerbaijan.

Comparison: In 2022,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $180k to Namibia. The main products exported from Azerbaijan to Namibia were Interchangeable Tool Parts ($75.6k), Metal-Rolling Mills ($55.1k), and Forging Machines ($11.5k). During the last 5 years the exports of Azerbaijan to Namibia have increased at an annualized rate of 41.4%, from $31.9k in 2017 to $180k in 2022.

In 2017, Namibia exported $2.02k to Azerbaijan. The main products exported from Namibia to Azerbaijan were Beauty Products ($1.53k) and Other Furniture ($491). During the last 5 years the exports of Namibia to Azerbaijan have decreased at an annualized rate of 34.2%, from $16.3k in 2022 to $2.02k in 2017.

Exports from Azerbaijan (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Namibia
Top DestinationSouth Africa$1.75B

This map shows whether countries import more from Azerbaijan or Namibia. Each country is colored based on the difference in imports they receive from Azerbaijan and Namibia or the difference in the growth in imports.

In 2022, countries that imported more from Azerbaijan than Namibia included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Namibia than Azerbaijan included South Africa ($1.75B), Botswana ($672M), and China ($628M).

Difference in imports from Namibia (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Namibia

Flow
Scale

This chart compares trade between Azerbaijan and Namibia by product, considering products traded by both, Azerbaijan and Namibia.

During 2022, Azerbaijan had a large net trade with Namibia in the exports of Machines ($93.3k), Metals ($80.9k), and Textiles ($3k).

During 2017, Namibia had a large net trade with Azerbaijan in the exports of Chemical Products ($1.53k) and Miscellaneous ($491).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Namibia+$4.02kRubberworking Machinery
Top Product Potential Namibia Azerbaijan+$3.08kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Azerbaijan and Namibia. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Namibia. Similarly, a dot/product with the flag of Namibia indicates it has a comparative advantage over Azerbaijan.

Product Space of Azerbaijan (Flag) and Namibia (Flag) (2022)

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