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

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Czechia-Azerbaijan Trade: In 2022, Czechia exported $135M to Azerbaijan. The main products that Czechia exported to Azerbaijan were Broadcasting Equipment ($57.8M), Computers ($13.5M), and Cars ($11.9M). Over the past 5 years the exports of Czechia to Azerbaijan have increased at an annualized rate of 6.96%, from $96.5M in 2017 to $135M in 2022.

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

Azerbaijan-Czechia Trade: In 2022, Azerbaijan exported $943M to Czechia. The main products that Azerbaijan exported to Czechia were Crude Petroleum ($941M), Packing Bags ($697k), and Ethylene Polymers ($652k). Over the past 5 years the exports of Azerbaijan to Czechia have increased at an annualized rate of 10.3%, from $577M in 2017 to $943M in 2022.

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

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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

In 2022, Czechia exported $135M to Azerbaijan. The main products exported from Czechia to Azerbaijan were Broadcasting Equipment ($57.8M), Computers ($13.5M), and Cars ($11.9M). During the last 5 years the exports of Czechia to Azerbaijan have increased at an annualized rate of 6.96%, from $96.5M in 2017 to $135M in 2022.

In 2017, Azerbaijan exported $943M to Czechia. The main products exported from Azerbaijan to Czechia were Crude Petroleum ($941M), Packing Bags ($697k), and Ethylene Polymers ($652k). During the last 5 years the exports of Azerbaijan to Czechia have increased at an annualized rate of 10.3%, from $577M in 2022 to $943M in 2017.

Exports from Czechia () to Azerbaijan () (2022)

Exports from Azerbaijan () to Czechia () (2022)

Latest Data

Trade between Czechia () and Azerbaijan ()

Czechia Exports

Date

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Azerbaijan
Top DestinationItaly$18.3B

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 2022, countries that imported more from Czechia than Azerbaijan included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

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

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 2022, Czechia had a large net trade with Azerbaijan in the exports of Machines ($87.8M), Transportation ($24M), and Chemical Products ($5.97M).

During 2017, Azerbaijan had a large net trade with Czechia in the exports of Mineral Products ($941M), Textiles ($699k), and Plastics and Rubbers ($654k).

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 () (2022)

Exports from Azerbaijan () to Czechia () (2022)

Latest Data

Trade between Czechia () and Azerbaijan ()

Czechia Exports

Azerbaijan Exports

Market Competitiveness

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

Comparative Advantage Czechia - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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