Azerbaijan (AZE) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Azerbaijan-Egypt Trade: In 2023, Azerbaijan exported $1.17M to Egypt. The main products that Azerbaijan exported to Egypt were Refined Petroleum ($319k), Other Iron Products ($187k), and Vegetable Saps ($166k). Over the past 5 years the exports of Azerbaijan to Egypt have increased at an annualized rate of 22.5%, from $423k in 2018 to $1.17M in 2023.

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

Egypt-Azerbaijan Trade: In 2023, Egypt exported $36.5M to Azerbaijan. The main products that Egypt exported to Azerbaijan were Explosive Ammunition ($15.4M), Nitrogenous Fertilizers ($6.16M), and Video Displays ($3.13M). Over the past 5 years the exports of Egypt to Azerbaijan have increased at an annualized rate of 37.4%, from $7.44M in 2018 to $36.5M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Azerbaijan exported $1.17M to Egypt. The main products exported from Azerbaijan to Egypt were Refined Petroleum ($319k), Other Iron Products ($187k), and Vegetable Saps ($166k). During the last 5 years the exports of Azerbaijan to Egypt have increased at an annualized rate of 22.5%, from $423k in 2018 to $1.17M in 2023.

In 2018, Egypt exported $36.5M to Azerbaijan. The main products exported from Egypt to Azerbaijan were Explosive Ammunition ($15.4M), Nitrogenous Fertilizers ($6.16M), and Video Displays ($3.13M). During the last 5 years the exports of Egypt to Azerbaijan have increased at an annualized rate of 37.4%, from $7.44M in 2023 to $36.5M in 2018.

Exports from Azerbaijan () to Egypt () (2023)

Exports from Egypt () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Egypt ()

Azerbaijan Exports

Date

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Egypt
Top DestinationSaudi Arabia$5.31B

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

In 2023, countries that imported more from Azerbaijan than Egypt included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Egypt than Azerbaijan included Saudi Arabia ($5.31B), United States ($2.73B), and United Arab Emirates ($2.43B).

Difference in imports from Egypt () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Azerbaijan had a large net trade with Egypt in the exports of Mineral Products ($319k), Metals ($243k), and Vegetable Products ($193k).

During 2018, Egypt had a large net trade with Azerbaijan in the exports of Weapons ($17.1M), Chemical Products ($10.2M), and Machines ($4.04M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Egypt+$1.72MRefined Petroleum

Top Product Potential Egypt Azerbaijan+$2.22MPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Egypt () (2023)

Exports from Egypt () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Egypt ()

Azerbaijan Exports

Egypt Exports

Market Competitiveness

Difference in imports from Egypt () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Egypt () (2023)

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