Zimbabwe (ZWE) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

About

Zimbabwe-Azerbaijan Trade: In 2022, Zimbabwe exported $1.3M to Azerbaijan. The main products that Zimbabwe exported to Azerbaijan were Raw Tobacco ($964k), Granite ($333k), and Cut Flowers ($2.21k). Over the past 5 years the exports of Zimbabwe to Azerbaijan have increased at an annualized rate of 23.1%, from $461k in 2017 to $1.3M in 2022.

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

Azerbaijan-Zimbabwe Trade: In 2022, Azerbaijan exported $22.7k to Zimbabwe. The main products that Azerbaijan exported to Zimbabwe were Petroleum Jelly ($22.7k). Over the past 5 years the exports of Azerbaijan to Zimbabwe have increased at an annualized rate of 56.6%, from $2.41k in 2017 to $22.7k in 2022.

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

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Zimbabwe exported $1.3M to Azerbaijan. The main products exported from Zimbabwe to Azerbaijan were Raw Tobacco ($964k), Granite ($333k), and Cut Flowers ($2.21k). During the last 5 years the exports of Zimbabwe to Azerbaijan have increased at an annualized rate of 23.1%, from $461k in 2017 to $1.3M in 2022.

In 2017, Azerbaijan exported $22.7k to Zimbabwe. The main products exported from Azerbaijan to Zimbabwe were Petroleum Jelly ($22.7k). During the last 5 years the exports of Azerbaijan to Zimbabwe have increased at an annualized rate of 56.6%, from $2.41k in 2022 to $22.7k in 2017.

Exports from Zimbabwe () to Azerbaijan () (2022)

Exports from Azerbaijan () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Azerbaijan ()

Zimbabwe Exports

Date

May 2018

Jul 2011

May 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Zimbabwe than Azerbaijan included United Arab Emirates ($4.78B), South Africa ($1.47B), and China ($625M).

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

Difference in imports from Azerbaijan () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Azerbaijan in the exports of Foodstuffs ($964k), Mineral Products ($333k), and Vegetable Products ($2.88k).

During 2017, Azerbaijan had a large net trade with Zimbabwe in the exports of Mineral Products ($22.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Azerbaijan+$709kRaw Tobacco

Top Product Potential Azerbaijan Zimbabwe+$3.63kPetroleum Gas

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Azerbaijan () (2022)

Exports from Azerbaijan () to Zimbabwe () (2022)

Latest Data

Trade between Zimbabwe () and Azerbaijan ()

Zimbabwe Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Zimbabwe () (2022)

Comparative Advantage Zimbabwe - Azerbaijan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Azerbaijan () (2022)

Keep Exploring