Botswana (BWA) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

About

In N/A, Botswana did not export any services to Azerbaijan.

Azerbaijan-Botswana Trade: In N/A, Azerbaijan exported $57 to Botswana. The main products that Azerbaijan exported to Botswana were Wood Crates ($40) and Wadding ($17). Over the past N/A years the exports of Azerbaijan to Botswana have decreased at an annualized rate of 60.9%, from $6.27k in N/A to $57 in N/A.

In N/A, Azerbaijan did not export any services to Botswana.

Comparison: In 2022, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Botswana does not register exports to Azerbaijan.

In 2017, Azerbaijan exported $57 to Botswana. The main products exported from Azerbaijan to Botswana were Wood Crates ($40) and Wadding ($17). During the last 5 years the exports of Azerbaijan to Botswana have decreased at an annualized rate of 60.9%, from $6.27k in 2022 to $57 in 2017.

Exports from Botswana () to Azerbaijan () (2022)

Exports from Azerbaijan () to Botswana () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Botswana
Top DestinationUnited Arab Emirates$2.31B

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Botswana than Azerbaijan included United Arab Emirates ($2.31B), Belgium ($1.55B), and South Africa ($836M).

In 2022, countries that imported more from Azerbaijan than Botswana included Italy ($18.3B), Turkey ($3.57B), and Greece ($1.51B).

Difference in imports from Azerbaijan () and Botswana () (2022)

Comparative Advantage Botswana - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Azerbaijan had a large net trade with Botswana in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Botswana Azerbaijan+$1.76kInsulated Wire

Top Product Potential Azerbaijan Botswana+$3.31kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Botswana () to Azerbaijan () (2022)

Exports from Azerbaijan () to Botswana () (2022)

Market Competitiveness

Difference in imports from Azerbaijan () and Botswana () (2022)

Comparative Advantage Botswana - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Botswana () and Azerbaijan () (2022)

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