Flag Azerbaijan / United Arab Emirates Flag

2020
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Exports
: $11.9M, Rnk 38 / 131

2020
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Top Product
: $3.55M, Refined Petroleum

2020
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Exports
: $306M, Rnk 59 / 214

2020
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Top Product
: $19.7M, Cars

2020
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Economic Complexity (ECI)
: ECI -0.54, Rnk 83 / 127

2020
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Economic Complexity (ECI)
: ECI 0.16, Rnk 51 / 127

2020
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GDP
: $42.6B, CURRENT US$
Rnk 89 / 195

2010-2020
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GDP GROWTH
: -19.5%, CURRENT US$
Rnk 185 / 195

2020
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 GDP
: $359B, CURRENT US$
Rnk 33 / 195

2010-2020
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GDP GROWTH
: 23.8%, CURRENT US$
Rnk 109 / 195

2020
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GDP PC 
: $4,221, CURRENT US$
Rnk 113 / 195

2010-2020
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GDP PC GROWTH
: -27.8%, CURRENT US$
Rnk 181 / 195

2020
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GDP PC
: $36,285, CURRENT US$
Rnk 28 / 195

2010-2020
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GDP PC GROWTH
: 7.06%, CURRENT US$
Rnk 114 / 195

Azerbaijan-United Arab Emirates In 2020, Azerbaijan exported $11.9M to United Arab Emirates. The main products that Azerbaijan exported to United Arab Emirates are Refined Petroleum ($3.55M), Petroleum Resins ($1.3M), and Raw Lead ($867k). During the last 24 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 5.83%, from $3.05M in 1996 to $11.9M in 2020.

In 2008, Azerbaijan exported services to United Arab Emirates worth $162M, with Transportation ($115M), Construction services ($31.6M), and Services not allocated ($14.1M) being the largest in terms of value.

United Arab Emirates-Azerbaijan In 2020, United Arab Emirates exported $306M to Azerbaijan. The main products that United Arab Emirates exported to Azerbaijan were Cars ($19.7M), Broadcasting Equipment ($16.8M), and Aluminium Plating ($12.9M). During the last 24 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 4.74%, from $100M in 1996 to $306M in 2020.

In 2020, United Arab Emirates did not export any services to Azerbaijan.

Comparison In 2020,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.54), and 78 in total exports ($13.8B). That same year, United Arab Emirates ranked 51 in the Economic Complexity Index (ECI 0.16), and 24 in total exports ($216B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Azerbaijan exported $11.9M to United Arab Emirates. The main products exported from Azerbaijan to United Arab Emirates were Refined Petroleum ($3.55M), Petroleum Resins ($1.3M), and Raw Lead ($867k). During the last 24 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 5.83%, from $3.05M in 1996 to $11.9M in 2020.

In 2020, United Arab Emirates exported $306M to Azerbaijan. The main products exported from United Arab Emirates to Azerbaijan were Cars ($19.7M), Broadcasting Equipment ($16.8M), and Aluminium Plating ($12.9M). During the last 24 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 4.74%, from $100M in 1996 to $306M in 2020.

Azerbaijan Exports

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United Arab Emirates Exports

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Market Competitiveness

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Measure

Azerbaijan
Top Destination
: Italy, $4.06B

United Arab Emirates
Top Destination
: India, $22.1B

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

In 2019, countries that imported more from Azerbaijan than United Arab Emirates were Croatia ($468M), Greece ($514M), and Georgia ($490M).

In 2019, countries that imported more from United Arab Emirates than Azerbaijan were India ($22.1B), China ($19.2B), and Saudi Arabia ($18B).

Comparative Advantage Azerbaijan - United Arab Emirates

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Flow

This chart compares trade between Azerbaijan and United Arab Emirates by product, considering products traded by both, Azerbaijan and United Arab Emirates.

During 2020, Azerbaijan had a large net trade with United Arab Emirates in the exports of Mineral Products ($3.56M), Metals ($2.34M), and Plastics and Rubbers ($1.43M).

During 2020, United Arab Emirates had a large net trade with Azerbaijan in the exports of Machines ($109M), Metals ($47.2M), and Transportation ($38.7M).

Bilateral Service Trade

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In 2008, Azerbaijan exported services to United Arab Emirates worth $162M, with Transportation ($115M), Construction services ($31.6M), and Services not allocated ($14.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 United Arab Emirates. Similarly, the more yellow a dot/product is, the more United Arab Emirates has comparative advantage over Azerbaijan.