Azerbaijan
ECON COMPLEXITY (2018)
-0.53
RANK 91 OF 137
PRODUCT EXPORTS (2018)
$19.9B
RANK 73 OF 222
EXPORTS PER CAPITA (2018)
$2K
RANK 81 OF 219
PRODUCT IMPORTS (2018)
$11.9B
RANK 91 OF 221
IMPORTS PER CAPITA (2018)
$1.2K
RANK 88 of 219
SERVICE EXPORTS (2018)
$4.59B
RANK 44 OF 88
SERVICE IMPORTS (2018)
$6.7B
RANK 38 OF 88
GDP (2018)
$46.9B
CURRENT US$
RANK 89 OF 196
GDP GROWTH (2008-2018)
-3.92%
CURRENT US$
RANK 177 OF 196
GDP PC (2018)
$4721
CURRENT US$
RANK 111 OF 196
GDP PC GROWTH (2008-2018)
-15.3%
CURRENT US$
RANK 175 OF 196
Trade: The top exports of Azerbaijan are Crude Petroleum ($16.1B), Petroleum Gas ($1.52B), Refined Petroleum ($524M), Tomatoes($177M), and Gold ($151M). The top imports of Azerbaijan are Gold($1.29B), Cars ($437M), Iron Pipes ($388M), Petroleum Gas ($313M), and Gas Turbines ($282M).
Destinations: Azerbaijan exports mostly to Italy ($5.99B), Turkey($1.85B), Israel ($1.31B), Czechia ($954M), and Germany ($820M), and imports mostly from Russia ($1.88B), Turkey ($1.55B), United Kingdom($1.3B), China ($674M), and Germany ($603M).
Location: Azerbaijan borders Armenia, Georgia, Iran, Russia, and Turkey by land and Turkmenistan by sea.
Exports
In 2018 Azerbaijan exported a total of $19.9B, making it the number 73 exporter in the world. During the last five reported years the exports of Azerbaijan have changed by -$9.04B from $29B in 2013 to $19.9B in 2018.
The most recent exports are led by Crude Petroleum ($16.1B), Petroleum Gas ($1.52B), Refined Petroleum ($524M), Tomatoes ($177M), and Gold ($151M).
Imports
Trade Balance
As of 2018 Azerbaijan had a positive trade balance of $6.17B in net exports. As compared to their trade balance in 1995 when they had a negative trade balance of $301M in net imports.
Destinations
The most common destination for the exports of Azerbaijan are Italy ($5.99B), Turkey ($1.85B), Israel ($1.31B), Czechia ($954M), and Germany ($820M).
Origins
The most common import partners for Azerbaijan are Russia ($1.88B), Turkey ($1.55B), United Kingdom ($1.3B), China ($674M), and Germany ($603M).