Angola (AGO) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Angola-Azerbaijan Trade: In 2023, Angola exported $1.99M to Azerbaijan. The main products that Angola exported to Azerbaijan were Cars ($1.91M), Acrylic Polymers ($40.3k), and Centrifuges ($21k). Over the past 5 years the exports of Angola to Azerbaijan have increased at an annualized rate of 27%, from $603k in 2018 to $1.99M in 2023.

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

Azerbaijan-Angola Trade: In 2023, Azerbaijan exported $386k to Angola. The main products that Azerbaijan exported to Angola were Buses ($76.2k), Machinery Having Individual Functions ($71.6k), and Gas and Liquid Flow Measuring Instruments ($57.8k). Over the past 5 years the exports of Azerbaijan to Angola have increased at an annualized rate of 21.2%, from $147k in 2018 to $386k in 2023.

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

Comparison: In 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). 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, Angola exported $1.99M to Azerbaijan. The main products exported from Angola to Azerbaijan were Cars ($1.91M), Acrylic Polymers ($40.3k), and Centrifuges ($21k). During the last 5 years the exports of Angola to Azerbaijan have increased at an annualized rate of 27%, from $603k in 2018 to $1.99M in 2023.

In 2018, Azerbaijan exported $386k to Angola. The main products exported from Azerbaijan to Angola were Buses ($76.2k), Machinery Having Individual Functions ($71.6k), and Gas and Liquid Flow Measuring Instruments ($57.8k). During the last 5 years the exports of Azerbaijan to Angola have increased at an annualized rate of 21.2%, from $147k in 2023 to $386k in 2018.

Exports from Angola () to Azerbaijan () (2023)

Exports from Azerbaijan () to Angola () (2023)

Latest Data

Trade between Angola () and Azerbaijan ()

Angola Exports

Date

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Angola
Top DestinationChina$17.1B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Angola than Azerbaijan included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

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

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

Comparative Advantage Angola - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Angola had a large net trade with Azerbaijan in the exports of Transportation ($1.91M), Plastics and Rubbers ($40.3k), and Machines ($31.9k).

During 2018, Azerbaijan had a large net trade with Angola in the exports of Machines ($115k), Transportation ($76.2k), and Chemical Products ($73k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Angola Azerbaijan+$54.7kCars

Top Product Potential Azerbaijan Angola+$26.4kOther Engines

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

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Historical Data

Bilateral Trade by Products

Exports from Angola () to Azerbaijan () (2023)

Exports from Azerbaijan () to Angola () (2023)

Latest Data

Trade between Angola () and Azerbaijan ()

Angola Exports

Azerbaijan Exports

Market Competitiveness

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

Comparative Advantage Angola - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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