2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC
$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

Equatorial Guinea-Azerbaijan Trade: In 2023, Equatorial Guinea exported $123 to Azerbaijan. The main products that Equatorial Guinea exported to Azerbaijan were Shaped Paper ($123). Over the past 23 years the exports of Equatorial Guinea to Azerbaijan have decreased at an annualized rate of 25%, from $92.5k in 2000 to $123 in 2023.

In 2023, Equatorial Guinea did not export any services to Azerbaijan.

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

In 2023, Azerbaijan did not export any services to Equatorial Guinea.

Comparison In 2023,  Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $123 to Azerbaijan. The main products exported from Equatorial Guinea to Azerbaijan were Shaped Paper ($123). During the last 23 years the exports of Equatorial Guinea to Azerbaijan have decreased at an annualized rate of 25%, from $92.5k in 2000 to $123 in 2023.

Azerbaijan does not register exports to Equatorial Guinea.

Exports from Equatorial Guinea (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

Trade between Equatorial Guinea (Flag) and Azerbaijan (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Azerbaijan
Top Destination
Italy$11.4B

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

In 2023, countries that imported more from Equatorial Guinea than Azerbaijan included China ($1.37B), Netherlands ($635M), and United States ($309M).

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

Difference in imports from Azerbaijan (Flag) and Equatorial Guinea (Flag) (2023)

Comparative Advantage Equatorial Guinea - Azerbaijan

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Azerbaijan in the exports of Paper Goods ($123).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Azerbaijan+$3.8kCrude Petroleum
Top Product Potential Azerbaijan Equatorial Guinea+$7.6kExcavation 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.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Equatorial Guinea and Azerbaijan. This means that a dot/product with the flag of Equatorial 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 Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and Azerbaijan (Flag) (2023)

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