Czechia (CZE) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Czechia-Azerbaijan Trade: In 2023, Czechia exported $145M to Azerbaijan. The main products that Czechia exported to Azerbaijan were Broadcasting Equipment ($49.2M), Cars ($23.2M), and Computers ($14.8M). Over the past 5 years the exports of Czechia to Azerbaijan have increased at an annualized rate of 12.5%, from $80.6M in 2018 to $145M in 2023.

In 2023, Czechia did not export any services to Azerbaijan.

Azerbaijan-Czechia Trade: In 2023, Azerbaijan exported $1B to Czechia. The main products that Azerbaijan exported to Czechia were Crude Petroleum ($1B), Other Nuts ($952k), and Inedible Fats and Oils ($455k). Over the past 5 years the exports of Azerbaijan to Czechia have decreased at an annualized rate of 1.45%, from $1.08B in 2018 to $1B in 2023.

In 2023, Azerbaijan did not export any services to Czechia.

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $145M to Azerbaijan. The main products exported from Czechia to Azerbaijan were Broadcasting Equipment ($49.2M), Cars ($23.2M), and Computers ($14.8M). During the last 5 years the exports of Czechia to Azerbaijan have increased at an annualized rate of 12.5%, from $80.6M in 2018 to $145M in 2023.

In 2018, Azerbaijan exported $1B to Czechia. The main products exported from Azerbaijan to Czechia were Crude Petroleum ($1B), Other Nuts ($952k), and Inedible Fats and Oils ($455k). During the last 5 years the exports of Azerbaijan to Czechia have decreased at an annualized rate of 1.45%, from $1.08B in 2023 to $1B in 2018.

Exports from Czechia () to Azerbaijan () (2023)

Exports from Azerbaijan () to Czechia () (2023)

Latest Data

Trade between Czechia () and Azerbaijan ()

Czechia Exports

Date

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Czechia than Azerbaijan included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Azerbaijan than Czechia included Turkey ($5.85B), Italy ($11.4B), and Greece ($1.27B).

Difference in imports from Azerbaijan () and Czechia () (2023)

Comparative Advantage Czechia - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Azerbaijan in the exports of Machines ($89.6M), Transportation ($28.8M), and Chemical Products ($5.91M).

During 2018, Azerbaijan had a large net trade with Czechia in the exports of Mineral Products ($1B), Vegetable Products ($954k), and Animal and Vegetable Bi-Products ($455k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Azerbaijan+$15.4MCars

Top Product Potential Azerbaijan Czechia+$1.28MEthylene Polymers

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 Czechia and Azerbaijan. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Czechia.

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Azerbaijan () (2023)

Exports from Azerbaijan () to Czechia () (2023)

Latest Data

Trade between Czechia () and Azerbaijan ()

Czechia Exports

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Czechia () (2023)

Comparative Advantage Czechia - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Azerbaijan () (2023)

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