Azerbaijan (AZE) and Burundi (BDI) Trade | The Observatory of Economic Complexity

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Azerbaijan-Burundi Trade: In 2022, Azerbaijan exported $4.36k to Burundi. The main products that Azerbaijan exported to Burundi were Cars ($3.97k), Broadcasting Equipment ($195), and Other Cutlery ($112). Over the past 9 years the exports of Azerbaijan to Burundi have increased at an annualized rate of 8.7%, from $2.06k in 2013 to $4.36k in 2022.

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

Burundi-Azerbaijan In N/A, Burundi did not export any products to Azerbaijan.

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

Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $4.36k to Burundi. The main products exported from Azerbaijan to Burundi were Cars ($3.97k), Broadcasting Equipment ($195), and Other Cutlery ($112). During the last 9 years the exports of Azerbaijan to Burundi have increased at an annualized rate of 8.7%, from $2.06k in 2013 to $4.36k in 2022.

Burundi does not register exports to Azerbaijan. The main products exported from Burundi to Azerbaijan were Brooms ($168).

Exports from Azerbaijan () to Burundi () (2022)

Exports from Burundi () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Azerbaijan included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

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

Comparative Advantage Azerbaijan - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Burundi in the exports of Transportation ($3.97k), Machines ($234), and Metals ($112).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Burundi+$11.3kCars

Top Product Potential Burundi Azerbaijan+$2kRefined 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.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Burundi () (2022)

Exports from Burundi () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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