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Pricing

2022
Flag → Flag
Exports $188MRnk 92 / 223
2022
Flag → Flag
Top Product $130MRaw Sugar
2022
Flag → Flag
Exports $19.7MRnk 48 / 141
2022
Flag → Flag
Top Product $18.5MNitrogenous Fertilizers
2022
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Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Brazil-Azerbaijan Trade: In 2022, Brazil exported $188M to Azerbaijan. The main products that Brazil exported to Azerbaijan were Raw Sugar ($130M), Raw Tobacco ($19.1M), and Soybean Meal ($10.3M). Over the past 5 years the exports of Brazil to Azerbaijan have increased at an annualized rate of 5.47%, from $144M in 2017 to $188M in 2022.

In 2022, Brazil did not export any services to Azerbaijan.

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

In 2022, Azerbaijan did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $2.13M and imported $20M from Azerbaijan, resulting in a negative trade balance of $17.8M. Between October 2023 and October 2024 the exports of Brazil have increased by $674k (46.4%) from $1.45M to $2.13M, while imports increased by $19.9M (43.2k%) from $46.1k to $20M.

Trade In October 2024, the top exports of Brazil to Azerbaijan were Raw Tobacco ($145k), Poultry Meat ($95.5k), Pig Meat ($39.7k), Hair Products ($14.7k), and Medical Instruments ($9.04k). In October 2024 the top imports of Brazil from Azerbaijan were .

Origins In October 2024 the exports of Brazil were mainly from Rio Grande do Sul ($848k), Paraná ($403k), Santa Catarina ($397k), Pará ($222k), and Pernambuco ($142k), while imports destinations were mainly Bahia ($6.4M), Mato Grosso ($6.38M), Paraná ($2.64M), São Paulo ($2.6M), and Minas Gerais ($1.09M).

Growth In October 2024, the increase in Brazil's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in Poultry Meat ($36.7k or 62.3%) and Raw Tobacco ($17.3k or 13.5%). In October 2024, the increase in Brazil's year-by-year imports  from Azerbaijan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$674k(46.4%)
IMPORT GROWTH (October 2023 - October 2024)$19.9M(43.2k%)
MAIN EXPORTER (October 2024)Rio Grande do Sul$848k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Azerbaijan and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $188M to Azerbaijan. The main products exported from Brazil to Azerbaijan were Raw Sugar ($130M), Raw Tobacco ($19.1M), and Soybean Meal ($10.3M). During the last 5 years the exports of Brazil to Azerbaijan have increased at an annualized rate of 5.47%, from $144M in 2017 to $188M in 2022.

Azerbaijan does not register exports to Brazil. The main products exported from Azerbaijan to Brazil were Nitrogenous Fertilizers ($18.5M), Industrial Fatty Acids, Oils and Alcohols ($828k), and Propylene Polymers ($316k).

Exports from Brazil (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Brazil than Azerbaijan included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Azerbaijan than Brazil included Italy ($18.3B), Greece ($1.51B), and Croatia ($990M).

Difference in imports from Azerbaijan (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Azerbaijan

Flow
Scale

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

During 2022, Brazil had a large net trade with Azerbaijan in the exports of Foodstuffs ($166M), Vegetable Products ($11.3M), and Machines ($3.62M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Azerbaijan+$5.39MSoybean Meal
Top Product Potential Azerbaijan Brazil+$8.91MNitrogenous Fertilizers

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

Product Space of Brazil (Flag) and Azerbaijan (Flag) (2022)

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