2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Azerbaijan-Germany In 2022, Azerbaijan exported $640M to Germany. The main products that Azerbaijan exported to Germany are Crude Petroleum ($608M), Other Nuts ($19.4M), and Refined Petroleum ($3.25M). During the last 27 years the exports of Azerbaijan to Germany have increased at an annualized rate of 14.7%, from $15.7M in 1995 to $640M in 2022.

In 2008, Azerbaijan exported services to Germany worth $35.4M, with Services not allocated ($12.8M), Transportation ($10.4M), and Travel ($7.17M) being the largest in terms of value.

Germany-Azerbaijan In 2022, Germany exported $541M to Azerbaijan. The main products that Germany exported to Azerbaijan were Cars ($102M), Packaged Medicaments ($34.3M), and Tractors ($20M). During the last 27 years the exports of Germany to Azerbaijan have increased at an annualized rate of 9.12%, from $51.3M in 1995 to $541M in 2022.

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

Comparison In 2022,  Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $640M to Germany. The main products exported from Azerbaijan to Germany were Crude Petroleum ($608M), Other Nuts ($19.4M), and Refined Petroleum ($3.25M). During the last 27 years the exports of Azerbaijan to Germany have increased at an annualized rate of 14.7%, from $15.7M in 1995 to $640M in 2022.

In 2022, Germany exported $541M to Azerbaijan. The main products exported from Germany to Azerbaijan were Cars ($102M), Packaged Medicaments ($34.3M), and Tractors ($20M). During the last 27 years the exports of Germany to Azerbaijan have increased at an annualized rate of 9.12%, from $51.3M in 1995 to $541M in 2022.

Exports from Azerbaijan (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and Germany (Flag)

Azerbaijan Exports

Germany Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Germany
Top Destination
United States$153B

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

In 2019, no countries were registered that imported more from Azerbaijan than from Germany.

In 2021, countries that imported more from Germany than Azerbaijan were United States ($153B), France ($120B), and China ($109B).

Difference in imports from Germany (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Germany

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Germany in the exports of Mineral Products ($614M), Vegetable Products ($20.3M), and Metals ($1.43M).

During 2022, Germany had a large net trade with Azerbaijan in the exports of Transportation ($167M), Machines ($127M), and Chemical Products ($74.1M).

Service Trade

Bilateral Service Trade

In 2008, Azerbaijan exported services to Germany worth $35.4M, with Services not allocated ($12.8M), Transportation ($10.4M), and Travel ($7.17M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Azerbaijan (Flag) to Germany (Flag) (2008)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Azerbaijan has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Azerbaijan.

Product Space of Azerbaijan (Flag) and Germany (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with