Gabon (GAB) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Gabon-Azerbaijan Trade: In 2023, Gabon exported $17.8k to Azerbaijan. The main products that Gabon exported to Azerbaijan were Wrenches ($15.5k), Interchangeable Tool Parts ($1.33k), and Machinery Having Individual Functions ($965). Over the past 6 years the exports of Gabon to Azerbaijan have increased at an annualized rate of 32.1%, from $3.36k in 2017 to $17.8k in 2023.

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

Azerbaijan-Gabon Trade: In 2023, Azerbaijan exported $30k to Gabon. The main products that Azerbaijan exported to Gabon were Industrial Fatty Acids, Oils and Alcohols ($27.1k), Citrus ($1.19k), and Video and Card Games ($977). Over the past 6 years the exports of Azerbaijan to Gabon have decreased at an annualized rate of 31.2%, from $194k in 2017 to $30k in 2023.

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). 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, Gabon exported $17.8k to Azerbaijan. The main products exported from Gabon to Azerbaijan were Wrenches ($15.5k), Interchangeable Tool Parts ($1.33k), and Machinery Having Individual Functions ($965). During the last 6 years the exports of Gabon to Azerbaijan have increased at an annualized rate of 32.1%, from $3.36k in 2017 to $17.8k in 2023.

In 2018, Azerbaijan exported $30k to Gabon. The main products exported from Azerbaijan to Gabon were Industrial Fatty Acids, Oils and Alcohols ($27.1k), Citrus ($1.19k), and Video and Card Games ($977). During the last 5 years the exports of Azerbaijan to Gabon have decreased at an annualized rate of 31.2%, from $194k in 2023 to $30k in 2018.

Exports from Gabon () to Azerbaijan () (2023)

Exports from Azerbaijan () to Gabon () (2023)

Latest Data

Trade between Gabon () and Azerbaijan ()

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Gabon than Azerbaijan included China ($2.77B), Indonesia ($875M), and Republic of the Congo ($574M).

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

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

Comparative Advantage Gabon - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Azerbaijan in the exports of Metals ($16.9k) and Machines ($965).

During 2018, Azerbaijan had a large net trade with Gabon in the exports of Chemical Products ($27.1k), Vegetable Products ($1.19k), and Miscellaneous ($977).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Azerbaijan+$4.02kCrude Petroleum

Top Product Potential Azerbaijan Gabon+$7.42kExcavation Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Azerbaijan () (2023)

Exports from Azerbaijan () to Gabon () (2023)

Latest Data

Trade between Gabon () and Azerbaijan ()

Azerbaijan Exports

Market Competitiveness

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

Comparative Advantage Gabon - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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