2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Angola-Azerbaijan Trade: In 2022, Angola exported $302k to Azerbaijan. The main products that Angola exported to Azerbaijan were Cars ($240k), Excavation Machinery ($52.9k), and Machinery Having Individual Functions ($4.22k). Over the past 5 years the exports of Angola to Azerbaijan have increased at an annualized rate of 12.7%, from $166k in 2017 to $302k in 2022.

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

Azerbaijan-Angola Trade: In 2022, Azerbaijan exported $405k to Angola. The main products that Azerbaijan exported to Angola were Lifting Machinery ($95.3k), Other Rubber Products ($72.6k), and Other Engines ($48.8k). Over the past 5 years the exports of Azerbaijan to Angola have increased at an annualized rate of 87%,  from $17.7k in 2017 to $405k in 2022.

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

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). 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
Value

In 2022, Angola exported $302k to Azerbaijan. The main products exported from Angola to Azerbaijan were Cars ($240k), Excavation Machinery ($52.9k), and Machinery Having Individual Functions ($4.22k). During the last 5 years the exports of Angola to Azerbaijan have increased at an annualized rate of 12.7%, from $166k in 2017 to $302k in 2022.

In 2017, Azerbaijan exported $405k to Angola. The main products exported from Azerbaijan to Angola were Lifting Machinery ($95.3k), Other Rubber Products ($72.6k), and Other Engines ($48.8k). During the last 5 years the exports of Azerbaijan to Angola have increased at an annualized rate of 87%, from $17.7k in 2022 to $405k in 2017.

Exports from Angola (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Azerbaijan (Flag)

Angola Exports

Azerbaijan Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Azerbaijan
Top Destination
Italy$18.3B

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 2022, countries that imported more from Angola than Azerbaijan included China ($21.8B), Netherlands ($3.91B), and France ($3.8B).

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

Difference in imports from Azerbaijan (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Azerbaijan

Flow
Scale

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

During 2022, Angola had a large net trade with Azerbaijan in the exports of Transportation ($240k), Machines ($59.8k), and Metals ($2.69k).

During 2017, Azerbaijan had a large net trade with Angola in the exports of Machines ($197k), Plastics and Rubbers ($105k), and Chemical Products ($38.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Angola (Flag) and Azerbaijan (Flag) (2022)

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