2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 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
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186

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 $2.96k to Azerbaijan. The main products that Andorra exported to Azerbaijan were Knit T-shirts ($707), Knit Sweaters ($664), and Non-Knit Men's Suits ($498). Over the past 9 years the exports of Andorra to Azerbaijan have decreased at an annualized rate of 9.86%,  from $4.97k in 2007 to $2.96k in 2016.

In 2016, Andorra 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, Andorra ranked 174 in total exports ($407M), 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 2017, Andorra exported $2.96k to Azerbaijan. The main products exported from Andorra to Azerbaijan were Knit T-shirts ($707), Knit Sweaters ($664), and Non-Knit Men's Suits ($498). During the last 5 years the exports of Andorra to Azerbaijan have decreased at an annualized rate of 9.86%, from $4.97k in 2022 to $2.96k in 2017.

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

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

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Andorra
Top Destination
Spain$297M

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 2022, countries that imported more from Azerbaijan than Andorra included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Andorra than Azerbaijan included El Salvador ($3.4M), Algeria ($1.22M), and Guatemala ($772k).

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

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 2017, Andorra had a large net trade with Azerbaijan in the exports of Textiles ($2.3k), Footwear and Headwear ($249), and Animal Hides ($121).

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) (2022)

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