2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH
35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC 
$7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195
2023
Flag
GDP PC
$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH
17.3%CURRENT US$
Rnk 110 / 195

About

Azerbaijan-Botswana Trade: In 2023, Azerbaijan exported $181 to Botswana. The main products that Azerbaijan exported to Botswana were Toilet Paper ($172) and Iron Pipe Fittings ($9). Over the past 6 years the exports of Azerbaijan to Botswana have decreased at an annualized rate of 44.6%, from $6.27k in 2017 to $181 in 2023.

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

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

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

Comparison: In 2023,  Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $181 to Botswana. The main products exported from Azerbaijan to Botswana were Toilet Paper ($172) and Iron Pipe Fittings ($9). During the last 6 years the exports of Azerbaijan to Botswana have decreased at an annualized rate of 44.6%, from $6.27k in 2017 to $181 in 2023.

Botswana does not register exports to Azerbaijan.

Exports from Azerbaijan (Flag) to Botswana (Flag) (2023)

Exports from Botswana (Flag) to Azerbaijan (Flag) (2023)

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Botswana
Top Destination
United Arab Emirates$1.81B

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

In 2023, countries that imported more from Azerbaijan than Botswana included Italy ($11.4B), Turkey ($5.85B), and Greece ($1.27B).

In 2023, countries that imported more from Botswana than Azerbaijan included United Arab Emirates ($1.81B), Belgium ($1.08B), and South Africa ($548M).

Difference in imports from Botswana (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - Botswana

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Botswana in the exports of Paper Goods ($172) and Metals ($9).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Botswana+$3.31kRefined Petroleum
Top Product Potential Botswana Azerbaijan+$1.76kInsulated Wire

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

Product Space of Azerbaijan (Flag) and Botswana (Flag) (2023)

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