2021
Flag  
GDP
$54.8BCURRENT US$
Rnk 87 / 204
2011-2021
Flag
GDP GROWTH
-16.9%CURRENT US$
Rnk 190 / 204
2021
Flag
 GDP
$415BCURRENT US$
Rnk 35 / 204
2011-2021
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 122 / 204
2021
Flag
GDP PC 
$5,408CURRENT US$
Rnk 114 / 204
2011-2021
Flag
GDP PC GROWTH
-24.8%CURRENT US$
Rnk 188 / 204
2021
Flag
GDP PC
$44,316CURRENT US$
Rnk 30 / 204
2011-2021
Flag
GDP PC GROWTH
8.37%CURRENT US$
Rnk 121 / 204

About

Azerbaijan-United Arab Emirates In 2021, Azerbaijan exported $15.1M to United Arab Emirates. The main products that Azerbaijan exported to United Arab Emirates are Petroleum Resins ($2.86M), Refined Copper ($1.73M), and Copper Fasteners ($1.25M). During the last 25 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 6.59%, from $3.05M in 1996 to $15.1M in 2021.

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 2021, United Arab Emirates exported $498M to Azerbaijan. The main products that United Arab Emirates exported to Azerbaijan were Cars ($73.9M), Aluminium Plating ($36.4M), and Rolled Tobacco ($26M). During the last 25 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 6.62%, from $100M in 1996 to $498M in 2021.

In 2021, United Arab Emirates did not export any services to Azerbaijan.

Comparison In 2021,  Azerbaijan ranked 85 in the Economic Complexity Index (ECI -0.52), and 71 in total exports ($22.8B). That same year, United Arab Emirates ranked 55 in the Economic Complexity Index (ECI 0.16), and 23 in total exports ($296B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Azerbaijan exported $15.1M to United Arab Emirates. The main products exported from Azerbaijan to United Arab Emirates were Petroleum Resins ($2.86M), Refined Copper ($1.73M), and Copper Fasteners ($1.25M). During the last 25 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 6.59%, from $3.05M in 1996 to $15.1M in 2021.

In 2021, United Arab Emirates exported $498M to Azerbaijan. The main products exported from United Arab Emirates to Azerbaijan were Cars ($73.9M), Aluminium Plating ($36.4M), and Rolled Tobacco ($26M). During the last 25 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 6.62%, from $100M in 1996 to $498M in 2021.

Exports from Azerbaijan (Flag) to United Arab Emirates (Flag) (2021)

Exports from United Arab Emirates (Flag) to Azerbaijan (Flag) (2021)

Latest Data

Trade between Azerbaijan (Flag) and United Arab Emirates (Flag)

Azerbaijan Exports

United Arab Emirates Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$9.46B
United Arab Emirates
Top Destination
India$42B

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 2021, countries that imported more from Azerbaijan than United Arab Emirates were Italy ($9.46B), Croatia ($741M), and Georgia ($663M).

In 2021, countries that imported more from United Arab Emirates than Azerbaijan were India ($42B), Japan ($24.8B), and China ($22.8B).

Difference in imports from United Arab Emirates (Flag) and Azerbaijan (Flag) (2021)

Comparative Advantage Azerbaijan - United Arab Emirates

Flow
Scale

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

During 2021, Azerbaijan had a large net trade with United Arab Emirates in the exports of Metals ($5.58M), Plastics and Rubbers ($2.87M), and Vegetable Products ($1.19M).

During 2021, United Arab Emirates had a large net trade with Azerbaijan in the exports of Machines ($168M), Transportation ($104M), and Metals ($74.7M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Azerbaijan (Flag) to United Arab Emirates (Flag) (2008)

Economic Complexity

Competitive Landscape

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.

Product Space of Azerbaijan (Flag) and United Arab Emirates (Flag) (2021)

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