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Pricing

2023
Flag → Flag
Exports $7.34MRnk 145 / 211
2023
Flag → Flag
Top Product $2.5MCitrus
2023
Flag → Flag
Exports $372kRnk 82 / 137
2023
Flag → Flag
Top Product $242kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 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 $6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 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

South Africa-Azerbaijan Trade: In 2023, South Africa exported $7.34M to Azerbaijan. The main products that South Africa exported to Azerbaijan were Citrus ($2.5M), Cars ($1.45M), and Chemical Analysis Instruments ($1.06M). Over the past 5 years the exports of South Africa to Azerbaijan have decreased at an annualized rate of 46.1%, from $162M in 2018 to $7.34M in 2023.

In 2023, South Africa did not export any services to Azerbaijan.

Azerbaijan-South Africa Trade: In 2023, Azerbaijan exported $372k to South Africa. The main products that Azerbaijan exported to South Africa were Refined Petroleum ($242k), Chocolate ($48.2k), and Lubricating Products ($35.9k). Over the past 5 years the exports of Azerbaijan to South Africa have increased at an annualized rate of 95.7%,  from $13k in 2018 to $372k in 2023.

In 2023, Azerbaijan did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Latest Trends

December, 2024

About

Overview In December 2024, South Africa exported ZAR680k and imported ZAR553k from Azerbaijan, resulting in a positive trade balance of ZAR128k. Between December 2023 and December 2024 the exports of South Africa have decreased by ZAR-140k (-17.1%) from ZAR821k to ZAR680k, while imports decreased by ZAR-404k (-42.2%) from ZAR957k to ZAR553k.

Trade In December 2024, the top exports of South Africa to Azerbaijan were Beauty Products (ZAR260k) and Vaccines, blood, antisera, toxins and cultures (ZAR123k). In December 2024 the top imports of South Africa from Azerbaijan were .

Origins In December 2024 the exports of South Africa were mainly from Cape Town Int Airport (ZAR680k), while imports destinations were mainly Durban (ZAR553k).

Growth In December 2024, the decrease in South Africa's year-by-year exports to Azerbaijan was explained primarily by an decrease in product exports in . In December 2024, the decrease in South Africa's year-by-year imports  from Azerbaijan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)ZAR-140k(-17.1%)
IMPORT GROWTH (December 2023 - December 2024)ZAR-404k(-42.2%)
MAIN EXPORTER (December 2024)Cape Town Int AirportZAR680k

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Azerbaijan and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $7.34M to Azerbaijan. The main products exported from South Africa to Azerbaijan were Citrus ($2.5M), Cars ($1.45M), and Chemical Analysis Instruments ($1.06M). During the last 5 years the exports of South Africa to Azerbaijan have decreased at an annualized rate of 46.1%, from $162M in 2018 to $7.34M in 2023.

In 2018, Azerbaijan exported $372k to South Africa. The main products exported from Azerbaijan to South Africa were Refined Petroleum ($242k), Chocolate ($48.2k), and Lubricating Products ($35.9k). During the last 5 years the exports of Azerbaijan to South Africa have increased at an annualized rate of 95.7%, from $13k in 2023 to $372k in 2018.

Exports from South Africa (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from South Africa than Azerbaijan included China ($29.5B), United States ($13B), and Germany ($10.8B).

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

Difference in imports from Azerbaijan (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Azerbaijan

Flow
Scale

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

During 2023, South Africa had a large net trade with Azerbaijan in the exports of Vegetable Products ($2.93M), Transportation ($1.8M), and Instruments ($1.12M).

During 2018, Azerbaijan had a large net trade with South Africa in the exports of Mineral Products ($242k), Foodstuffs ($71.7k), and Chemical Products ($35.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Azerbaijan+$2.12MCars
Top Product Potential Azerbaijan South Africa+$702kRefined 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 South Africa and Azerbaijan. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Azerbaijan (Flag) (2023)

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