Azerbaijan (AZE) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Azerbaijan-South Africa Trade: In 2023, Azerbaijan exported $372k to South Africa. The main products that Azerbaijan exported to South Africa were Refined Petroleum ($242k), Chocolate ($48.2k), and Lubricating Products ($35.9k). Over the past 5 years the exports of Azerbaijan to South Africa have increased at an annualized rate of 95.7%, from $13k in 2018 to $372k in 2023.

In 2023, Azerbaijan did not export any services to South Africa.

South Africa-Azerbaijan Trade: In 2023, South Africa exported $7.34M to Azerbaijan. The main products that South Africa exported to Azerbaijan were Citrus ($2.5M), Cars ($1.45M), and Chemical Analysis Instruments ($1.06M). Over the past 5 years the exports of South Africa to Azerbaijan have decreased at an annualized rate of 46.1%, from $162M in 2018 to $7.34M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Azerbaijan exported $372k to South Africa. The main products exported from Azerbaijan to South Africa were Refined Petroleum ($242k), Chocolate ($48.2k), and Lubricating Products ($35.9k). During the last 5 years the exports of Azerbaijan to South Africa have increased at an annualized rate of 95.7%, from $13k in 2018 to $372k in 2023.

In 2018, South Africa exported $7.34M to Azerbaijan. The main products exported from South Africa to Azerbaijan were Citrus ($2.5M), Cars ($1.45M), and Chemical Analysis Instruments ($1.06M). During the last 5 years the exports of South Africa to Azerbaijan have decreased at an annualized rate of 46.1%, from $162M in 2023 to $7.34M in 2018.

Exports from Azerbaijan () to South Africa () (2023)

Exports from South Africa () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and South Africa ()

Azerbaijan Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

South Africa
Top DestinationChina$29.5B

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

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

In 2023, countries that imported more from South Africa than Azerbaijan included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Azerbaijan had a large net trade with South Africa in the exports of Mineral Products ($242k), Foodstuffs ($71.7k), and Chemical Products ($35.9k).

During 2018, South Africa had a large net trade with Azerbaijan in the exports of Vegetable Products ($2.93M), Transportation ($1.8M), and Instruments ($1.12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan South Africa+$702kRefined Petroleum

Top Product Potential South Africa Azerbaijan+$2.12MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to South Africa () (2023)

Exports from South Africa () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and South Africa ()

Azerbaijan Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and South Africa () (2023)

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