2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Azerbaijan-Republic of the Congo Trade: In 2021, Azerbaijan exported $5.88k to Republic of the Congo. The main products that Azerbaijan exported to Republic of the Congo were N/A. Over the past 5 years the exports of Azerbaijan to Republic of the Congo have increased at an annualized rate of 26.1%, from $1.85k in 2016 to $5.88k in 2021.

In 2021, Azerbaijan did not export any services to Republic of the Congo.

Republic of the Congo-Azerbaijan Trade: In 2021, Republic of the Congo exported $4.77k to Azerbaijan. The main products that Republic of the Congo exported to Azerbaijan were N/A. Over the past 5 years the exports of Republic of the Congo to Azerbaijan have decreased at an annualized rate of 44.2%,  from $88.3k in 2016 to $4.77k in 2021.

In 2021, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Azerbaijan exported $5.88k to Republic of the Congo. There were not main exports from Azerbaijan to Republic of the Congo in 2021. During the last 5 years the exports of Azerbaijan to Republic of the Congo have increased at an annualized rate of 26.1%, from $1.85k in 2016 to $5.88k in 2021.

In 2016, Republic of the Congo exported $4.77k to Azerbaijan. There were not main exports from Republic of the Congo to Azerbaijan in 2016. During the last 5 years the exports of Republic of the Congo to Azerbaijan have decreased at an annualized rate of 44.2%, from $88.3k in 2021 to $4.77k in 2016.

Exports from Azerbaijan (Flag) to Republic of the Congo (Flag) (2021)

Exports from Republic of the Congo (Flag) to Azerbaijan (Flag) (2021)

Latest Data

Trade between Azerbaijan (Flag) and Republic of the Congo (Flag)

Azerbaijan Exports

Republic of the Congo Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Republic of the Congo
Top Destination
China$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Azerbaijan included China ($4.82B), United Arab Emirates ($1.87B), and India ($2.44B).

Difference in imports from Republic of the Congo (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Republic of the Congo

Flow
Scale

This chart compares trade between Azerbaijan and Republic of the Congo by product, considering products traded by both, Azerbaijan and Republic of the Congo.

During 2021, Azerbaijan had a large net trade with Republic of the Congo in the exports of .

During 2016, Republic of the Congo had a large net trade with Azerbaijan in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Republic of the Congo+$1.76kRefined Petroleum
Top Product Potential Republic of the Congo Azerbaijan+$4.9kCrude 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

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

Product Space of Azerbaijan (Flag) and Republic of the Congo (Flag) (2021)

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