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2023
Flag → Flag
Exports $12.5MRnk 121 / 211
2023
Flag → Flag
Top Product $6.79MAluminium Oxide
2023
Flag → Flag
Exports $85.8MRnk 29 / 137
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC $64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195

About

Australia-Azerbaijan Trade: In 2023, Australia exported $12.5M to Azerbaijan. The main products that Australia exported to Azerbaijan were Aluminium Oxide ($6.79M), Washing and Bottling Machines ($2.08M), and Orthopedic Appliances ($329k). Over the past 5 years the exports of Australia to Azerbaijan have increased at an annualized rate of 21.7%, from $4.69M in 2018 to $12.5M in 2023.

In 2023, Australia did not export any services to Azerbaijan.

Azerbaijan-Australia Trade: In 2023, Azerbaijan exported $85.8M to Australia. The main products that Azerbaijan exported to Australia were N/A. Over the past 5 years the exports of Azerbaijan to Australia have increased at an annualized rate of 8.25%,  from $57.7M in 2018 to $85.8M in 2023.

In 2023, Azerbaijan did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $12.5M to Azerbaijan. The main products exported from Australia to Azerbaijan were Aluminium Oxide ($6.79M), Washing and Bottling Machines ($2.08M), and Orthopedic Appliances ($329k). During the last 5 years the exports of Australia to Azerbaijan have increased at an annualized rate of 21.7%, from $4.69M in 2018 to $12.5M in 2023.

In 2018, Azerbaijan exported $85.8M to Australia. There were not main exports from Azerbaijan to Australia in 2018. During the last 5 years the exports of Azerbaijan to Australia have increased at an annualized rate of 8.25%, from $57.7M in 2023 to $85.8M in 2018.

Exports from Australia (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Azerbaijan (Flag)

Australia Exports

Azerbaijan Exports

Market Competitiveness

Color
Australia
Top DestinationChina$137B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Australia than Azerbaijan included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Azerbaijan than Australia included Italy ($11.4B), Turkey ($5.85B), and Greece ($1.27B).

Difference in imports from Azerbaijan (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Azerbaijan

Flow
Scale

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

During 2023, Australia had a large net trade with Azerbaijan in the exports of Chemical Products ($7.13M), Machines ($3.24M), and Instruments ($719k).

During 2018, Azerbaijan had a large net trade with Australia in the exports of Mineral Products ($85.1M), Machines ($416k), and Foodstuffs ($194k).

Economic Complexity

Competitive Landscape

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

Product Space of Australia (Flag) and Azerbaijan (Flag) (2023)

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