Zambia (ZMB) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

About

Zambia-Azerbaijan Trade: In 2023, Zambia exported $154k to Azerbaijan. The main products that Zambia exported to Azerbaijan were Sowing Seeds ($143k), Large Flat-Rolled Stainless Steel ($10.7k), and Cut Flowers ($144). Over the past 5 years the exports of Zambia to Azerbaijan have increased at an annualized rate of 86%, from $6.9k in 2018 to $154k in 2023.

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

Azerbaijan-Zambia Trade: In 2023, Azerbaijan exported $5.77k to Zambia. The main products that Azerbaijan exported to Zambia were Gas and Liquid Flow Measuring Instruments ($4.51k), Medical Instruments ($771), and Iron Wire ($461). Over the past 5 years the exports of Azerbaijan to Zambia have decreased at an annualized rate of 14.4%, from $14.7k in 2018 to $5.77k in 2023.

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

Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). 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, Zambia exported $154k to Azerbaijan. The main products exported from Zambia to Azerbaijan were Sowing Seeds ($143k), Large Flat-Rolled Stainless Steel ($10.7k), and Cut Flowers ($144). During the last 5 years the exports of Zambia to Azerbaijan have increased at an annualized rate of 86%, from $6.9k in 2018 to $154k in 2023.

In 2018, Azerbaijan exported $5.77k to Zambia. The main products exported from Azerbaijan to Zambia were Gas and Liquid Flow Measuring Instruments ($4.51k), Medical Instruments ($771), and Iron Wire ($461). During the last 5 years the exports of Azerbaijan to Zambia have decreased at an annualized rate of 14.4%, from $14.7k in 2023 to $5.77k in 2018.

Exports from Zambia () to Azerbaijan () (2023)

Exports from Azerbaijan () to Zambia () (2023)

Latest Data

Trade between Zambia () and Azerbaijan ()

Zambia Exports

Date

Nov 2014

Aug 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.26B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Zambia than Azerbaijan included Switzerland ($4.26B), China ($2.39B), and United Arab Emirates ($1.84B).

In 2023, countries that imported more from Azerbaijan than Zambia included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

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

Comparative Advantage Zambia - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zambia had a large net trade with Azerbaijan in the exports of Vegetable Products ($143k) and Metals ($10.7k).

During 2018, Azerbaijan had a large net trade with Zambia in the exports of Instruments ($5.28k), Metals ($461), and Paper Goods ($30).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Azerbaijan+$28.6kSowing Seeds

Top Product Potential Azerbaijan Zambia+$3.02kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Zambia () to Azerbaijan () (2023)

Exports from Azerbaijan () to Zambia () (2023)

Latest Data

Trade between Zambia () and Azerbaijan ()

Zambia Exports

Market Competitiveness

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

Comparative Advantage Zambia - Azerbaijan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring