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 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 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
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Azerbaijan-Gabon Trade: In 2023, Azerbaijan exported $30k to Gabon. The main products that Azerbaijan exported to Gabon were Industrial Fatty Acids, Oils and Alcohols ($27.1k), Citrus ($1.19k), and Video and Card Games ($977). Over the past 5 years the exports of Azerbaijan to Gabon have decreased at an annualized rate of 31.2%, from $194k in 2018 to $30k in 2023.

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

Gabon-Azerbaijan Trade: In 2023, Gabon exported $17.8k to Azerbaijan. The main products that Gabon exported to Azerbaijan were Wrenches ($15.5k), Interchangeable Tool Parts ($1.33k), and Machinery Having Individual Functions ($965). Over the past 5 years the exports of Gabon to Azerbaijan have decreased at an annualized rate of 40.9%,  from $247k in 2018 to $17.8k in 2023.

In 2023, Gabon 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, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $30k to Gabon. The main products exported from Azerbaijan to Gabon were Industrial Fatty Acids, Oils and Alcohols ($27.1k), Citrus ($1.19k), and Video and Card Games ($977). During the last 5 years the exports of Azerbaijan to Gabon have decreased at an annualized rate of 31.2%, from $194k in 2018 to $30k in 2023.

In 2018, Gabon exported $17.8k to Azerbaijan. The main products exported from Gabon to Azerbaijan were Wrenches ($15.5k), Interchangeable Tool Parts ($1.33k), and Machinery Having Individual Functions ($965). During the last 5 years the exports of Gabon to Azerbaijan have decreased at an annualized rate of 40.9%, from $247k in 2023 to $17.8k in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Gabon (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Gabon
Top Destination
China$2.77B

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

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

In 2023, countries that imported more from Gabon than Azerbaijan included China ($2.77B), Indonesia ($875M), and Republic of the Congo ($574M).

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

Comparative Advantage Azerbaijan - Gabon

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Gabon in the exports of Chemical Products ($27.1k), Vegetable Products ($1.19k), and Miscellaneous ($977).

During 2018, Gabon had a large net trade with Azerbaijan in the exports of Metals ($16.9k) and Machines ($965).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Gabon+$7.42kExcavation Machinery
Top Product Potential Gabon Azerbaijan+$4.02kCrude 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.

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with