2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $130k in 2022.

In 2017, 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 2022 to $4.34M in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and South Africa (Flag)

Azerbaijan Exports

South Africa Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
South Africa
Top Destination
China$23.4B

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

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

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

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

Comparative Advantage Azerbaijan - South Africa

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with South Africa in the exports of Mineral Products ($122k), Vegetable Products ($3.92k), and Machines ($3.05k).

During 2017, South Africa had a large net trade with Azerbaijan in the exports of Vegetable Products ($1.19M), Transportation ($1.03M), and Machines ($475k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan South Africa+$702kRefined Petroleum
Top Product Potential South Africa Azerbaijan+$2.12MCars

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

Product Space of Azerbaijan (Flag) and South Africa (Flag) (2022)

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