2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC 
$7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195
2023
Flag
GDP PC
$46,812CURRENT US$
Rnk 29 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195

About

Azerbaijan-Andorra Trade: In 2016, Azerbaijan exported $41 to Andorra. The main products that Azerbaijan exported to Andorra were N/A. Over the past 9 years the exports of Azerbaijan to Andorra have decreased at an annualized rate of 47.7%, from $13.9k in 2007 to $41 in 2016.

In 2016, Azerbaijan did not export any services to Andorra.

Andorra-Azerbaijan Trade: In 2016, Andorra exported $3.22k to Azerbaijan. The main products that Andorra exported to Azerbaijan were Trunks and Cases ($649), Knit T-shirts ($559), and Plastic Housewares ($535). Over the past 9 years the exports of Andorra to Azerbaijan have decreased at an annualized rate of 0.85%,  from $3.36k in 2007 to $3.22k in 2016.

In 2016, Andorra did not export any services to Azerbaijan.

Comparison In 2023,  Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43),  and 70 in total exports ($31.2B). That same year, Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Azerbaijan exported $41 to Andorra. There were not main exports from Azerbaijan to Andorra in 2016. During the last 9 years the exports of Azerbaijan to Andorra have decreased at an annualized rate of 47.7%, from $13.9k in 2007 to $41 in 2016.

In 2018, Andorra exported $3.22k to Azerbaijan. The main products exported from Andorra to Azerbaijan were Trunks and Cases ($649), Knit T-shirts ($559), and Plastic Housewares ($535). During the last 5 years the exports of Andorra to Azerbaijan have decreased at an annualized rate of 0.85%, from $3.36k in 2023 to $3.22k in 2018.

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

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

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Andorra
Top Destination
Spain$99.1M

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

In 2023, countries that imported more from Azerbaijan than Andorra included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Andorra than Azerbaijan included United States ($53.2M), El Salvador ($2.76M), and Iceland ($1.22M).

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

Comparative Advantage Azerbaijan - Andorra

Flow
Scale

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

During 2016, Azerbaijan had a large net trade with Andorra in the exports of .

During 2018, Andorra had a large net trade with Azerbaijan in the exports of Textiles ($1.21k), Animal Hides ($649), and Plastics and Rubbers ($535).

Economic Complexity

Competitive Landscape

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

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

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