Azerbaijan (AZE) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Azerbaijan-Angola Trade: In 2022, Azerbaijan exported $405k to Angola. The main products that Azerbaijan exported to Angola were Lifting Machinery ($95.3k), Other Rubber Products ($72.6k), and Other Engines ($48.8k). Over the past 5 years the exports of Azerbaijan to Angola have increased at an annualized rate of 87%, from $17.7k in 2017 to $405k in 2022.

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

Angola-Azerbaijan Trade: In 2022, Angola exported $302k to Azerbaijan. The main products that Angola exported to Azerbaijan were Cars ($240k), Excavation Machinery ($52.9k), and Machinery Having Individual Functions ($4.22k). Over the past 5 years the exports of Angola to Azerbaijan have increased at an annualized rate of 3.58%, from $166k in 2017 to $302k in 2022.

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

Comparison: In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $405k to Angola. The main products exported from Azerbaijan to Angola were Lifting Machinery ($95.3k), Other Rubber Products ($72.6k), and Other Engines ($48.8k). During the last 5 years the exports of Azerbaijan to Angola have increased at an annualized rate of 87%, from $17.7k in 2017 to $405k in 2022.

In 2017, Angola exported $302k to Azerbaijan. The main products exported from Angola to Azerbaijan were Cars ($240k), Excavation Machinery ($52.9k), and Machinery Having Individual Functions ($4.22k). During the last 5 years the exports of Angola to Azerbaijan have increased at an annualized rate of 3.58%, from $166k in 2022 to $302k in 2017.

Exports from Azerbaijan () to Angola () (2022)

Exports from Angola () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Angola ()

Azerbaijan Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Angola
Top DestinationChina$21.8B

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

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

In 2022, countries that imported more from Angola than Azerbaijan included China ($21.8B), Netherlands ($3.91B), and France ($3.8B).

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

Comparative Advantage Azerbaijan - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Angola in the exports of Machines ($197k), Plastics and Rubbers ($105k), and Chemical Products ($38.9k).

During 2017, Angola had a large net trade with Azerbaijan in the exports of Transportation ($240k), Machines ($59.8k), and Metals ($2.69k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Angola+$26.4kOther Engines

Top Product Potential Angola Azerbaijan+$54.7kCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Angola () (2022)

Exports from Angola () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Angola ()

Azerbaijan Exports

Angola Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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