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Pricing

2013
Flag → Flag
Exports $492Rnk 23 / 0
2013
Flag → Flag
Exports $29.2kRnk 37 / 0
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Guinea-Azerbaijan Trade: In 2013, Guinea exported $492 to Azerbaijan. The main products that Guinea exported to Azerbaijan were N/A. Over the past 8 years the exports of Guinea to Azerbaijan have decreased at an annualized rate of 74.6%, from $28.2M in 2005 to $492 in 2013.

In 2013, Guinea did not export any services to Azerbaijan.

Azerbaijan-Guinea Trade: In 2013, Azerbaijan exported $29.2k to Guinea. The main products that Azerbaijan exported to Guinea were N/A. Over the past 8 years the exports of Azerbaijan to Guinea have decreased at an annualized rate of 29.5%,  from $168k in 2005 to $29.2k in 2013.

In 2013, Azerbaijan did not export any services to Guinea.

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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
Value

In 2013, Guinea exported $492 to Azerbaijan. There were not main exports from Guinea to Azerbaijan in 2013. During the last 8 years the exports of Guinea to Azerbaijan have decreased at an annualized rate of 74.6%, from $28.2M in 2005 to $492 in 2013.

In 2015, Azerbaijan exported $29.2k to Guinea. There were not main exports from Azerbaijan to Guinea in 2015. During the last 5 years the exports of Azerbaijan to Guinea have decreased at an annualized rate of 29.5%, from $168k in 2020 to $29.2k in 2015.

Exports from Guinea (Flag) to Azerbaijan (Flag) (2020)

Exports from Azerbaijan (Flag) to Guinea (Flag) (2020)

Latest Data

Trade between Guinea (Flag) and Azerbaijan (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Guinea than Azerbaijan included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

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

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

Comparative Advantage Guinea - Azerbaijan

Flow
Scale

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

During 2013, Guinea had a large net trade with Azerbaijan in the exports of .

During 2015, Azerbaijan had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Azerbaijan+$2.91kGold
Top Product Potential Azerbaijan Guinea+$2.96kRefined 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

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

Product Space of Guinea (Flag) and Azerbaijan (Flag) (2020)

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