Flag Azerbaijan / United Kingdom Flag

2019
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Exports
: $441M, Rnk 12 / 137

2019
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Top Product
: $418M, Crude Petroleum

2019
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Exports
: $2.48B, Rnk 30 / 221

2019
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Top Product
: $2.09B, Gold

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

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 13 / 146

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

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

2019
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 GDP
: $2.83T, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 152 / 187

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

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

2019
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GDP PC
: $42,330, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP PC GROWTH
: 9.34%, CURRENT US$
Rnk 143 / 187

Azerbaijan-United Kingdom In 2019, Azerbaijan exported $441M to United Kingdom. The main products that Azerbaijan exported to United Kingdom are Crude Petroleum ($418M), Surveying Equipment ($5.34M), and Excavation Machinery ($2.47M). During the last 24 years the exports of Azerbaijan to United Kingdom have increased at an annualized rate of 17.6%, from $9.1M in 1995 to $441M in 2019.

In 2008, Azerbaijan exported services to United Kingdom worth $143M, with Transportation ($75.6M), Services not allocated ($45.6M), and Travel ($19.3M) being the largest in terms of value.

United Kingdom-Azerbaijan In 2019, United Kingdom exported $2.48B to Azerbaijan . The main products that United Kingdom exported to Azerbaijan were Gold ($2.09B), Gas Turbines ($100M), and Jewellery ($61.6M). During the last 24 years the exports of United Kingdom to Azerbaijan have increased at an annualized rate of 22.4%, from $19.4M in 1995 to $2.48B in 2019.

In 2019, United Kingdom 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 Kingdom ranked 13 in the Economic Complexity Index (ECI 1.46), and 10 in total exports ($446B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Azerbaijan exported $441M to United Kingdom. The main products exported from Azerbaijan to United Kingdom were Crude Petroleum ($418M), Surveying Equipment ($5.34M), and Excavation Machinery ($2.47M). During the last 24 years the exports of Azerbaijan to United Kingdom have increased at an annualized rate of 17.6%, from $9.1M in 1995 to $441M in 2019.

In 2019, United Kingdom exported $2.48B to Azerbaijan. The main products exported from United Kingdom to Azerbaijan were Gold ($2.09B), Gas Turbines ($100M), and Jewellery ($61.6M). During the last 24 years the exports of United Kingdom to Azerbaijan have increased at an annualized rate of 22.4%, from $19.4M in 1995 to $2.48B in 2019.

Azerbaijan Exports

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United Kingdom Exports

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Market Competitiveness

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Measure

Azerbaijan
Top Destination
: Italy, $5.53B

United Kingdom
Top Destination
: United States, $64.7B

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

In 2019, countries that imported more from Azerbaijan than United Kingdom were Georgia ($605M), Croatia ($432M), and Turkmenistan ($23.1M).

In 2019, countries that imported more from United Kingdom than Azerbaijan were United States ($64.7B), Germany ($44.3B), and Netherlands ($29.4B).

Comparative Advantage Azerbaijan - United Kingdom

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Depth

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

During 2019, Azerbaijan had a large net trade with United Kingdom in the exports of Mineral Products ($418M), Machines ($8.98M), and Instruments ($7.99M).

During 2019, United Kingdom had a large net trade with Azerbaijan in the exports of Precious Metals ($2.15B), Machines ($208M), and Transportation ($31.4M).

Bilateral Service Trade

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In 2008, Azerbaijan exported services to United Kingdom worth $143M, with Transportation ($75.6M), Services not allocated ($45.6M), and Travel ($19.3M) 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 red.  This mean that the more blue a dot/product is, the more Azerbaijan has comparative advantage over United Kingdom. Similarly, the more red a dot/product is, the more United Kingdom has comparative advantage over Azerbaijan.