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Pricing

2022
Flag → Flag
Exports $7.72kRnk 123 / 141
2022
Flag → Flag
Top Product $7.72kExcavation Machinery
2022
Flag → Flag
Exports $1.48kRnk 94 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Azerbaijan-Equatorial Guinea Trade: In 2022, Azerbaijan exported $7.72k to Equatorial Guinea. The main products that Azerbaijan exported to Equatorial Guinea were Excavation Machinery ($7.72k). 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 Trade: In 2022, Equatorial Guinea exported $1.48k to Azerbaijan. The main products that Equatorial Guinea exported to Azerbaijan were N/A. Over the past 11 years the exports of Equatorial Guinea to Azerbaijan have decreased at an annualized rate of 40.4%,  from $19.7k in 2011 to $1.48k in 2022.

In 2022, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), 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. The main products exported from Azerbaijan to Equatorial Guinea were Excavation Machinery ($7.72k). 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.

In 2006, Equatorial Guinea exported $1.48k to Azerbaijan. There were not main exports from Equatorial Guinea to Azerbaijan in 2006. During the last 5 years the exports of Equatorial Guinea to Azerbaijan have decreased at an annualized rate of 40.4%, from $19.7k in 2011 to $1.48k in 2006.

Exports from Azerbaijan (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Azerbaijan (Flag) (2022)

Latest Data

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

Azerbaijan Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Equatorial Guinea
Top DestinationZambia$1.84B

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 2022, countries that imported more from Azerbaijan than Equatorial Guinea included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Equatorial Guinea than Azerbaijan included Zambia ($1.84B), China ($1.3B), and Chile ($413M).

Difference in imports from Equatorial Guinea (Flag) and Azerbaijan (Flag) (2022)

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 Machines ($7.72k).

During 2006, Equatorial Guinea had a large net trade with Azerbaijan 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) (2022)

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