Gabon (GAB) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

About

Gabon-Azerbaijan Trade: In 2020, Gabon exported $2.35k to Azerbaijan. The main products that Gabon exported to Azerbaijan were N/A. Over the past 5 years the exports of Gabon to Azerbaijan have increased at an annualized rate of 40.6%, from $428 in 2015 to $2.35k in 2020.

In 2020, Gabon did not export any services to Azerbaijan.

Azerbaijan-Gabon Trade: In 2020, Azerbaijan exported $3.32k to Gabon. The main products that Azerbaijan exported to Gabon were Excavation Machinery ($3.32k). Over the past 5 years the exports of Azerbaijan to Gabon have decreased at an annualized rate of 31.6%, from $22.1k in 2015 to $3.32k in 2020.

In 2020, Azerbaijan did not export any services to Gabon.

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). 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 2020, Gabon exported $2.35k to Azerbaijan. There were not main exports from Gabon to Azerbaijan in 2020. During the last 5 years the exports of Gabon to Azerbaijan have increased at an annualized rate of 40.6%, from $428 in 2015 to $2.35k in 2020.

In 2017, Azerbaijan exported $3.32k to Gabon. The main products exported from Azerbaijan to Gabon were Excavation Machinery ($3.32k). During the last 5 years the exports of Azerbaijan to Gabon have decreased at an annualized rate of 31.6%, from $22.1k in 2022 to $3.32k in 2017.

Exports from Gabon () to Azerbaijan () (2022)

Exports from Azerbaijan () to Gabon () (2022)

Latest Data

Trade between Gabon () and Azerbaijan ()

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Gabon than Azerbaijan included China ($3.4B), South Korea ($617M), and Malaysia ($299M).

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

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

Comparative Advantage Gabon - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Gabon had a large net trade with Azerbaijan in the exports of .

During 2017, Azerbaijan had a large net trade with Gabon in the exports of Machines ($3.32k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Azerbaijan+$4.02kCrude Petroleum

Top Product Potential Azerbaijan Gabon+$7.42kExcavation Machinery

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Azerbaijan () (2022)

Exports from Azerbaijan () to Gabon () (2022)

Latest Data

Trade between Gabon () and Azerbaijan ()

Azerbaijan Exports

Market Competitiveness

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

Comparative Advantage Gabon - Azerbaijan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring