Azerbaijan (AZE) and Guyana (GUY) Trade | The Observatory of Economic Complexity

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Azerbaijan-Guyana Trade: In 2023, Azerbaijan exported $5.01k to Guyana. The main products that Azerbaijan exported to Guyana were Other Plastic Products ($2.75k), Other Iron Products ($1.35k), and Other Hand Tools ($412). Over the past 11 years the exports of Azerbaijan to Guyana have increased at an annualized rate of 29.8%, from $285 in 2012 to $5.01k in 2023.

In 2023, Azerbaijan did not export any services to Guyana.

Guyana-Azerbaijan In N/A, Guyana did not export any products to Azerbaijan.

In 2023, Guyana did not export any services to Azerbaijan.

Comparison In 2023, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Azerbaijan exported $5.01k to Guyana. The main products exported from Azerbaijan to Guyana were Other Plastic Products ($2.75k), Other Iron Products ($1.35k), and Other Hand Tools ($412). During the last 11 years the exports of Azerbaijan to Guyana have increased at an annualized rate of 29.8%, from $285 in 2012 to $5.01k in 2023.

Guyana does not register exports to Azerbaijan. The main products exported from Guyana to Azerbaijan were Surveying Equipment ($206k), Cleaning Products ($66.7k), and Excavation Machinery ($13.2k).

Exports from Azerbaijan () to Guyana () (2023)

Exports from Guyana () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Guyana ()

Azerbaijan Exports

Date

Aug 2020

Jul 2019

Jan 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Guyana
Top DestinationUnited States$3.51B

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

In 2023, countries that imported more from Azerbaijan than Guyana included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Guyana than Azerbaijan included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

Difference in imports from Guyana () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Guyana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Azerbaijan had a large net trade with Guyana in the exports of Plastics and Rubbers ($2.75k), Metals ($2.09k), and Machines ($176).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Azerbaijan and Guyana. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Guyana. Similarly, a dot/product with the flag of Guyana indicates it has a comparative advantage over Azerbaijan.

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Guyana () (2023)

Exports from Guyana () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Guyana ()

Azerbaijan Exports

Market Competitiveness

Difference in imports from Guyana () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Guyana

Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Guyana () (2023)

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