Ethiopia (ETH) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Ethiopia-Azerbaijan Trade: In 2022, Ethiopia exported $175k to Azerbaijan. The main products that Ethiopia exported to Azerbaijan were Coffee ($57.6k), Cut Flowers ($47.7k), and Spices ($43k). Over the past 5 years the exports of Ethiopia to Azerbaijan have decreased at an annualized rate of 14%, from $372k in 2017 to $175k in 2022.

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

Azerbaijan-Ethiopia Trade: In 2022, Azerbaijan exported $137k to Ethiopia. The main products that Azerbaijan exported to Ethiopia were Refined Petroleum ($137k). Over the past 5 years the exports of Azerbaijan to Ethiopia have increased at an annualized rate of 220%, from $407 in 2017 to $137k in 2022.

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

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ethiopia exported $175k to Azerbaijan. The main products exported from Ethiopia to Azerbaijan were Coffee ($57.6k), Cut Flowers ($47.7k), and Spices ($43k). During the last 5 years the exports of Ethiopia to Azerbaijan have decreased at an annualized rate of 14%, from $372k in 2017 to $175k in 2022.

In 2017, Azerbaijan exported $137k to Ethiopia. The main products exported from Azerbaijan to Ethiopia were Refined Petroleum ($137k). During the last 5 years the exports of Azerbaijan to Ethiopia have increased at an annualized rate of 220%, from $407 in 2022 to $137k in 2017.

Exports from Ethiopia () to Azerbaijan () (2022)

Exports from Azerbaijan () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Azerbaijan ()

Ethiopia Exports

Date

Azerbaijan Exports

Date

Nov 2019

Aug 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Ethiopia than Azerbaijan included United Arab Emirates ($723M), United States ($557M), and Somalia ($265M).

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

Difference in imports from Azerbaijan () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Azerbaijan in the exports of Vegetable Products ($150k) and Textiles ($24.8k).

During 2017, Azerbaijan had a large net trade with Ethiopia in the exports of Mineral Products ($137k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Azerbaijan+$181kCoffee

Top Product Potential Azerbaijan Ethiopia+$515kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Azerbaijan. This means that a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Ethiopia.

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Azerbaijan () (2022)

Exports from Azerbaijan () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Azerbaijan ()

Ethiopia Exports

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Ethiopia () (2022)

Comparative Advantage Ethiopia - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Azerbaijan () (2022)

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