2022
Flag  
GDP
$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP GROWTH
66.8%CURRENT US$
Rnk 32 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$964CURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Uganda-Azerbaijan Trade: In 2022, Uganda exported $4.45k to Azerbaijan. The main products that Uganda exported to Azerbaijan were Coffee ($4.39k) and Pepper ($59). Over the past 5 years the exports of Uganda to Azerbaijan have decreased at an annualized rate of 5.54%, from $5.92k in 2017 to $4.45k in 2022.

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

Azerbaijan-Uganda Trade: In 2022, Azerbaijan exported $4.21k to Uganda. The main products that Azerbaijan exported to Uganda were N/A. Over the past 5 years the exports of Azerbaijan to Uganda have increased at an annualized rate of 61.3%,  from $385 in 2017 to $4.21k in 2022.

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

Comparison: In 2022,  Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B). 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 2022, Uganda exported $4.45k to Azerbaijan. The main products exported from Uganda to Azerbaijan were Coffee ($4.39k) and Pepper ($59). During the last 5 years the exports of Uganda to Azerbaijan have decreased at an annualized rate of 5.54%, from $5.92k in 2017 to $4.45k in 2022.

In 2016, Azerbaijan exported $4.21k to Uganda. There were not main exports from Azerbaijan to Uganda in 2016. During the last 5 years the exports of Azerbaijan to Uganda have increased at an annualized rate of 61.3%, from $385 in 2021 to $4.21k in 2016.

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

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

Market Competitiveness

Color
Uganda
Top Destination
United Arab Emirates$1.22B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Uganda than Azerbaijan included United Arab Emirates ($1.22B), Hong Kong ($350M), and Kenya ($312M).

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

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

Comparative Advantage Uganda - Azerbaijan

Flow
Scale

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

During 2022, Uganda had a large net trade with Azerbaijan in the exports of Vegetable Products ($4.45k).

During 2016, Azerbaijan had a large net trade with Uganda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uganda Azerbaijan+$24.8kCoffee
Top Product Potential Azerbaijan Uganda+$2.36kRefined 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 Uganda and Azerbaijan. This means that a dot/product with the flag of Uganda indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Uganda.

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

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