Azerbaijan (AZE) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Azerbaijan-Zimbabwe Trade: In 2023, Azerbaijan exported $6.33k to Zimbabwe. The main products that Azerbaijan exported to Zimbabwe were Delivery Trucks ($6.33k). Over the past 9 years the exports of Azerbaijan to Zimbabwe have increased at an annualized rate of 18.2%, from $1.41k in 2014 to $6.33k in 2023.

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

Zimbabwe-Azerbaijan Trade: In 2023, Zimbabwe exported $1.32M to Azerbaijan. The main products that Zimbabwe exported to Azerbaijan were Raw Tobacco ($1.01M), Granite ($223k), and Citrus ($73.1k). Over the past 9 years the exports of Zimbabwe to Azerbaijan have increased at an annualized rate of 14.2%, from $681k in 2014 to $1.32M in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Azerbaijan exported $6.33k to Zimbabwe. The main products exported from Azerbaijan to Zimbabwe were Delivery Trucks ($6.33k). During the last 9 years the exports of Azerbaijan to Zimbabwe have increased at an annualized rate of 18.2%, from $1.41k in 2014 to $6.33k in 2023.

In 2018, Zimbabwe exported $1.32M to Azerbaijan. The main products exported from Zimbabwe to Azerbaijan were Raw Tobacco ($1.01M), Granite ($223k), and Citrus ($73.1k). During the last 5 years the exports of Zimbabwe to Azerbaijan have increased at an annualized rate of 14.2%, from $681k in 2023 to $1.32M in 2018.

Exports from Azerbaijan () to Zimbabwe () (2023)

Exports from Zimbabwe () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Zimbabwe ()

Zimbabwe Exports

Date

May 2018

Jul 2011

May 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

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

In 2023, countries that imported more from Zimbabwe than Azerbaijan included United Arab Emirates ($4.1B), China ($1.6B), and South Africa ($1.39B).

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

Comparative Advantage Azerbaijan - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Azerbaijan had a large net trade with Zimbabwe in the exports of Transportation ($6.33k).

During 2018, Zimbabwe had a large net trade with Azerbaijan in the exports of Foodstuffs ($1.01M), Mineral Products ($223k), and Vegetable Products ($90.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Zimbabwe+$3.63kPetroleum Gas

Top Product Potential Zimbabwe Azerbaijan+$709kRaw Tobacco

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Zimbabwe () (2023)

Exports from Zimbabwe () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Zimbabwe ()

Zimbabwe Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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