Azerbaijan (AZE) and Brazil (BRA) Trade | The Observatory of Economic Complexity

About

Azerbaijan-Brazil Trade: In 2022, Azerbaijan exported $19.7M to Brazil. The main products that Azerbaijan exported to Brazil were Nitrogenous Fertilizers ($18.5M), Industrial Fatty Acids, Oils and Alcohols ($828k), and Propylene Polymers ($316k). Over the past 5 years the exports of Azerbaijan to Brazil have increased at an annualized rate of 171%, from $135k in 2017 to $19.7M in 2022.

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

Brazil-Azerbaijan Trade: In 2022, Brazil exported $188M to Azerbaijan. The main products that Brazil exported to Azerbaijan were Raw Sugar ($130M), Raw Tobacco ($19.1M), and Soybean Meal ($10.3M). Over the past 5 years the exports of Brazil to Azerbaijan have increased at an annualized rate of 5.47%, from $144M in 2017 to $188M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $19.7M to Brazil. The main products exported from Azerbaijan to Brazil were Nitrogenous Fertilizers ($18.5M), Industrial Fatty Acids, Oils and Alcohols ($828k), and Propylene Polymers ($316k). During the last 5 years the exports of Azerbaijan to Brazil have increased at an annualized rate of 171%, from $135k in 2017 to $19.7M in 2022.

In 2017, Brazil exported $188M to Azerbaijan. The main products exported from Brazil to Azerbaijan were Raw Sugar ($130M), Raw Tobacco ($19.1M), and Soybean Meal ($10.3M). During the last 5 years the exports of Brazil to Azerbaijan have increased at an annualized rate of 5.47%, from $144M in 2022 to $188M in 2017.

Exports from Azerbaijan () to Brazil () (2022)

Exports from Brazil () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Brazil ()

Azerbaijan Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Azerbaijan than Brazil included Italy ($18.3B), Greece ($1.51B), and Croatia ($990M).

In 2022, countries that imported more from Brazil than Azerbaijan included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Azerbaijan - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Brazil in the exports of Chemical Products ($19.3M), Plastics and Rubbers ($319k), and Metals ($44.5k).

During 2017, Brazil had a large net trade with Azerbaijan in the exports of Foodstuffs ($166M), Vegetable Products ($11.3M), and Machines ($3.62M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Brazil+$8.91MNitrogenous Fertilizers

Top Product Potential Brazil Azerbaijan+$5.39MSoybean Meal

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Brazil () (2022)

Exports from Brazil () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Brazil ()

Azerbaijan Exports

Brazil Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - Brazil

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 Azerbaijan () and Brazil () (2022)

Keep Exploring