Azerbaijan (AZE) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Azerbaijan-Botswana Trade: In 2022, Azerbaijan exported $57 to Botswana. The main products that Azerbaijan exported to Botswana were Wood Crates ($40) and Wadding ($17). Over the past 19 years the exports of Azerbaijan to Botswana have decreased at an annualized rate of 28.4%, from $32.6k in 2003 to $57 in 2022.

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

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

In 2022, Botswana 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, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $57 to Botswana. The main products exported from Azerbaijan to Botswana were Wood Crates ($40) and Wadding ($17). During the last 19 years the exports of Azerbaijan to Botswana have decreased at an annualized rate of 28.4%, from $32.6k in 2003 to $57 in 2022.

Botswana does not register exports to Azerbaijan.

Exports from Azerbaijan () to Botswana () (2022)

Exports from Botswana () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Botswana
Top DestinationUnited Arab Emirates$2.31B

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 2022, countries that imported more from Azerbaijan than Botswana included Italy ($18.3B), Turkey ($3.57B), and Greece ($1.51B).

In 2022, countries that imported more from Botswana than Azerbaijan included United Arab Emirates ($2.31B), Belgium ($1.55B), and South Africa ($836M).

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

Comparative Advantage Azerbaijan - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Botswana in the exports of Wood Products ($40) and Textiles ($17).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Botswana () (2022)

Exports from Botswana () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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