Tanzania (TZA) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Tanzania-Azerbaijan Trade: In 2022, Tanzania exported $608k to Azerbaijan. The main products that Tanzania exported to Azerbaijan were Sowing Seeds ($368k), Raw Tobacco ($234k), and Cloves ($2.02k). Over the past 5 years the exports of Tanzania to Azerbaijan have increased at an annualized rate of 6.73%, from $439k in 2017 to $608k in 2022.

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

Azerbaijan-Tanzania Trade: In 2022, Azerbaijan exported $3.08k to Tanzania. The main products that Azerbaijan exported to Tanzania were N/A. Over the past 5 years the exports of Azerbaijan to Tanzania have decreased at an annualized rate of 30.9%, from $19.6k in 2017 to $3.08k in 2022.

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

Comparison: In 2022, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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, Tanzania exported $608k to Azerbaijan. The main products exported from Tanzania to Azerbaijan were Sowing Seeds ($368k), Raw Tobacco ($234k), and Cloves ($2.02k). During the last 5 years the exports of Tanzania to Azerbaijan have increased at an annualized rate of 6.73%, from $439k in 2017 to $608k in 2022.

In 2016, Azerbaijan exported $3.08k to Tanzania. There were not main exports from Azerbaijan to Tanzania in 2016. During the last 5 years the exports of Azerbaijan to Tanzania have decreased at an annualized rate of 30.9%, from $19.6k in 2021 to $3.08k in 2016.

Exports from Tanzania () to Azerbaijan () (2022)

Exports from Azerbaijan () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Azerbaijan ()

Tanzania Exports

Date

Jul 2018

Feb 2018

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Tanzania than Azerbaijan included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

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

Comparative Advantage Tanzania - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Azerbaijan in the exports of Vegetable Products ($373k) and Foodstuffs ($234k).

During 2016, Azerbaijan had a large net trade with Tanzania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Azerbaijan+$418kRaw Tobacco

Top Product Potential Azerbaijan Tanzania+$5.16kPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Azerbaijan () (2022)

Exports from Azerbaijan () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Azerbaijan ()

Tanzania Exports

Azerbaijan Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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