Azerbaijan / Germany

Azerbaijan-Germany Trade: In 2022, Azerbaijan exported $640M to Germany. The main products that Azerbaijan exported to Germany were Crude Petroleum ($608M), Other Nuts ($19.4M), and Refined Petroleum ($3.25M). Over the past 5 years the exports of Azerbaijan to Germany have increased at an annualized rate of 7.17%, from $453M in 2017 to $640M in 2022.

In 2008, Azerbaijan exported services to Germany worth $35.4M, with Services not allocated ($12.8M), Transportation ($10.4M), and Travel ($7.17M) being the largest in terms of value.

Germany-Azerbaijan Trade: In 2022, Germany exported $541M to Azerbaijan. The main products that Germany exported to Azerbaijan were Cars ($102M), Packaged Medicaments ($34.3M), and Tractors ($20M). Over the past 5 years the exports of Germany to Azerbaijan have increased at an annualized rate of 3.61%,  from $437M in 2017 to $541M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).