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Pricing

2022
Flag → Flag
Exports $4.34MRnk 156 / 214
2022
Flag → Flag
Top Product $822kCitrus
2022
Flag → Flag
Exports $130kRnk 99 / 141
2022
Flag → Flag
Top Product $122kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

South Africa-Azerbaijan Trade: In 2022, South Africa exported $4.34M to Azerbaijan. The main products that South Africa exported to Azerbaijan were Citrus ($822k), Cars ($626k), and Shaving Products ($268k). Over the past 5 years the exports of South Africa to Azerbaijan have decreased at an annualized rate of 4.17%, from $5.36M in 2017 to $4.34M in 2022.

In 2022, South Africa did not export any services to Azerbaijan.

Azerbaijan-South Africa Trade: In 2022, Azerbaijan exported $130k to South Africa. The main products that Azerbaijan exported to South Africa were Refined Petroleum ($122k), Perfume Plants ($3.92k), and Metal Insulating Fittings ($3.05k). Over the past 5 years the exports of Azerbaijan to South Africa have decreased at an annualized rate of 1.82%,  from $143k in 2017 to $130k in 2022.

In 2022, Azerbaijan did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR5.14M and imported ZAR1.57M from Azerbaijan, resulting in a positive trade balance of ZAR3.57M. Between August 2023 and August 2024 the exports of South Africa have increased by ZAR3.23M (169%) from ZAR1.91M to ZAR5.14M, while imports increased by ZAR631k (67.1%) from ZAR941k to ZAR1.57M.

Trade In August 2024, the top exports of South Africa to Azerbaijan were Aircraft parts including unmanned craft (ZAR762k) and Stone Processing Machines (ZAR124k). In August 2024 the top imports of South Africa from Azerbaijan were Refined Petroleum (ZAR1.32M), Lubricating Products (ZAR228k), Metal Insulating Fittings (ZAR7.16k), and Knit T-shirts (ZAR1k).

Origins In August 2024 the exports of South Africa were mainly from Cape Town Int Airport (ZAR3.65M), Durban (ZAR1.34M), and O.R. Tambo Int Airport (ZAR148k), while imports destinations were mainly Durban (ZAR1.57M) and O.R. Tambo Int Airport (ZAR655).

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

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR3.23M(169%)
IMPORT GROWTH (August 2023 - August 2024)ZAR631k(67.1%)
MAIN EXPORTER (August 2024)Cape Town Int AirportZAR3.65M

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 2022, South Africa exported $4.34M to Azerbaijan. The main products exported from South Africa to Azerbaijan were Citrus ($822k), Cars ($626k), and Shaving Products ($268k). During the last 5 years the exports of South Africa to Azerbaijan have decreased at an annualized rate of 4.17%, from $5.36M in 2017 to $4.34M in 2022.

In 2017, Azerbaijan exported $130k to South Africa. The main products exported from Azerbaijan to South Africa were Refined Petroleum ($122k), Perfume Plants ($3.92k), and Metal Insulating Fittings ($3.05k). During the last 5 years the exports of Azerbaijan to South Africa have decreased at an annualized rate of 1.82%, from $143k in 2022 to $130k in 2017.

Exports from South Africa (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Azerbaijan
Top DestinationItaly$18.3B

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 2022, countries that imported more from South Africa than Azerbaijan included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Azerbaijan than South Africa included Italy ($18.3B), Turkey ($3.57B), and Greece ($1.51B).

Difference in imports from Azerbaijan (Flag) and South Africa (Flag) (2022)

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 2022, South Africa had a large net trade with Azerbaijan in the exports of Vegetable Products ($1.19M), Transportation ($1.03M), and Machines ($475k).

During 2017, Azerbaijan had a large net trade with South Africa in the exports of Mineral Products ($122k), Vegetable Products ($3.92k), and Machines ($3.05k).

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) (2022)

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