2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 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
$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195

About

Azerbaijan-Equatorial Guinea Trade: In 2022, Azerbaijan exported $7.72k to Equatorial Guinea. The main products that Azerbaijan exported to Equatorial Guinea were N/A. Over the past 11 years the exports of Azerbaijan to Equatorial Guinea have increased at an annualized rate of 18.3%, from $1.21k in 2011 to $7.72k in 2022.

In 2022, Azerbaijan did not export any services to Equatorial Guinea.

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

In 2022, Equatorial Guinea 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, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $7.72k to Equatorial Guinea. There were not main exports from Azerbaijan to Equatorial Guinea in 2022. During the last 11 years the exports of Azerbaijan to Equatorial Guinea have increased at an annualized rate of 18.3%, from $1.21k in 2011 to $7.72k in 2022.

Equatorial Guinea does not register exports to Azerbaijan. The main products exported from Equatorial Guinea to Azerbaijan were Shaped Paper ($123).

Exports from Azerbaijan (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Azerbaijan (Flag) (2023)

Latest Data

Trade between Azerbaijan (Flag) and Equatorial Guinea (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Equatorial Guinea
Top Destination
China$1.37B

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

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

In 2023, countries that imported more from Equatorial Guinea than Azerbaijan included China ($1.37B), Netherlands ($635M), and United States ($309M).

Difference in imports from Equatorial Guinea (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - Equatorial Guinea

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Equatorial Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Equatorial Guinea+$7.6kExcavation Machinery
Top Product Potential Equatorial Guinea Azerbaijan+$3.8kCrude 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 Equatorial Guinea. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Equatorial Guinea. Similarly, a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Azerbaijan.

Product Space of Azerbaijan (Flag) and Equatorial Guinea (Flag) (2023)

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