Azerbaijan (AZE) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Azerbaijan-Tanzania Trade: In 2021, Azerbaijan exported $3.08k to Tanzania. The main products that Azerbaijan exported to Tanzania were N/A. Over the past 6 years the exports of Azerbaijan to Tanzania have decreased at an annualized rate of 20.7%, from $12.4k in 2015 to $3.08k in 2021.

In 2021, Azerbaijan did not export any services to Tanzania.

Tanzania-Azerbaijan Trade: In 2021, Tanzania exported $608k to Azerbaijan. The main products that Tanzania exported to Azerbaijan were N/A. Over the past 6 years the exports of Tanzania to Azerbaijan have increased at an annualized rate of 6.73%, from $439k in 2015 to $608k in 2021.

In 2021, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Azerbaijan exported $3.08k to Tanzania. There were not main exports from Azerbaijan to Tanzania in 2021. During the last 6 years the exports of Azerbaijan to Tanzania have decreased at an annualized rate of 20.7%, from $12.4k in 2015 to $3.08k in 2021.

In 2017, Tanzania exported $608k to Azerbaijan. There were not main exports from Tanzania to Azerbaijan in 2017. During the last 5 years the exports of Tanzania to Azerbaijan have increased at an annualized rate of 6.73%, from $439k in 2022 to $608k in 2017.

Exports from Azerbaijan () to Tanzania () (2022)

Exports from Tanzania () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Tanzania
Top DestinationIndia$2.73B

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

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

In 2022, countries that imported more from Tanzania than Azerbaijan included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Azerbaijan - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Azerbaijan had a large net trade with Tanzania in the exports of .

During 2017, Tanzania had a large net trade with Azerbaijan in the exports of Vegetable Products ($373k) and Foodstuffs ($234k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Tanzania+$5.16kPetroleum Gas

Top Product Potential Tanzania Azerbaijan+$418kRaw Tobacco

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 Tanzania. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Azerbaijan.

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Tanzania () (2022)

Exports from Tanzania () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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