Flag Azerbaijan / United Arab Emirates Flag

2019
FlagFlag
Exports
: $17.1M, Rnk 40 / 137

2019
FlagFlag
Top Product
: $2.91M, Raw Lead

2019
FlagFlag
Exports
: $223M, Rnk 74 / 211

2019
FlagFlag
Top Product
: $19.6M, Gas Turbines

2019
Flag
Economic Complexity (ECI)
: ECI -0.44, Rnk 90 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 0.28, Rnk 55 / 146

2019
Flag  
GDP
: $48B, CURRENT US$
Rnk 89 / 187

2009-2019
Flag
GDP GROWTH
: 8.48%, CURRENT US$
Rnk 165 / 187

2019
Flag
 GDP
: $421B, CURRENT US$
Rnk 28 / 187

2009-2019
Flag
GDP GROWTH
: 66.1%, CURRENT US$
Rnk 68 / 187

2019
Flag
GDP PC 
: $4,794, CURRENT US$
Rnk 107 / 187

2009-2019
Flag
GDP PC GROWTH
: -3.17%, CURRENT US$
Rnk 168 / 187

2019
Flag
GDP PC
: $43,103, CURRENT US$
Rnk 22 / 187

2009-2019
Flag
GDP PC GROWTH
: 34.6%, CURRENT US$
Rnk 83 / 187

Azerbaijan-United Arab Emirates In 2019, Azerbaijan exported $17.1M to United Arab Emirates. The main products that Azerbaijan exported to United Arab Emirates are Raw Lead ($2.91M), Gold ($1.54M), and Cars ($1.41M). During the last 23 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 7.78%, from $3.05M in 1996 to $17.1M in 2019.

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 2019, United Arab Emirates exported $223M to Azerbaijan . The main products that United Arab Emirates exported to Azerbaijan were Gas Turbines ($19.6M), Antiknock ($16.5M), and Broadcasting Equipment ($12.4M). During the last 23 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 3.52%, from $101M in 1996 to $223M in 2019.

In 2019, United Arab Emirates did not export any services to Azerbaijan.

Comparison In 2019,  Azerbaijan ranked 90 in the Economic Complexity Index (ECI -0.44), and 74 in total exports ($19.8B). That same year, United Arab Emirates ranked 55 in the Economic Complexity Index (ECI 0.28), and 24 in total exports ($248B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Azerbaijan exported $17.1M to United Arab Emirates. The main products exported from Azerbaijan to United Arab Emirates were Raw Lead ($2.91M), Gold ($1.54M), and Cars ($1.41M). During the last 23 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 7.78%, from $3.05M in 1996 to $17.1M in 2019.

In 2019, United Arab Emirates exported $223M to Azerbaijan. The main products exported from United Arab Emirates to Azerbaijan were Gas Turbines ($19.6M), Antiknock ($16.5M), and Broadcasting Equipment ($12.4M). During the last 23 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 3.52%, from $101M in 1996 to $223M in 2019.

Azerbaijan Exports

#permalink to section

United Arab Emirates Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Azerbaijan
Top Destination
: Italy, $5.53B

United Arab Emirates
Top Destination
: India, $26.8B

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 Italy ($5.53B), Israel ($1.33B), and Czechia ($677M).

In 2019, countries that imported more from United Arab Emirates than Azerbaijan were India ($26.8B), Japan ($24B), and Saudi Arabia ($17.9B).

Comparative Advantage Azerbaijan - United Arab Emirates

#permalink to section
Depth

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

During 2019, Azerbaijan had a large net trade with United Arab Emirates in the exports of Metals ($5.95M), Transportation ($2.91M), and Machines ($2.43M).

During 2019, United Arab Emirates had a large net trade with Azerbaijan in the exports of Machines ($83.7M), Metals ($29.7M), and Chemical Products ($29.3M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Azerbaijan and United Arab Emirates (using the HS6 product classification and the last year reported).

In 2015, the products from Azerbaijan that paid the highest import tariffs to enter United Arab Emirates were Horses: live, other than pure-bred breeding animals (15%) and Asses: live (15%).

In 2018, the products from United Arab Emirates that paid the highest import tariffs to enter Azerbaijan were Tobacco, unmanufactured, not stemmed or stripped (100%) and Tobacco, unmanufactured, stemmed or stripped (100%).

*The tariffs present between Azerbaijan and United Arab Emirates are:
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

#permalink to section

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

#permalink to section

Competitive Landscape

#permalink to section

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