Flag Azerbaijan / Croatia Flag

2021
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Exports
: $741M, Rnk 5 / 138

2021
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Top Product
: $741M, Crude Petroleum

2021
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Exports
: $6.41M, Rnk 77 / 185

2021
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Top Product
: $4.31M, Machinery Having Individual Functions

2021
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Economic Complexity (ECI)
: ECI -0.52, Rnk 85 / 131

2021
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Economic Complexity (ECI)
: ECI 0.81, Rnk 34 / 131

2021
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GDP
: $54.6B, CURRENT US$
Rnk 82 / 182

2011-2021
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GDP GROWTH
: -17.2%, CURRENT US$
Rnk 170 / 182

2021
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 GDP
: $67.8B, CURRENT US$
Rnk 73 / 182

2011-2021
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GDP GROWTH
: 7.39%, CURRENT US$
Rnk 137 / 182

2021
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GDP PC 
: $5,384, CURRENT US$
Rnk 94 / 182

2011-2021
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GDP PC GROWTH
: -25.1%, CURRENT US$
Rnk 166 / 182

2021
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GDP PC
: $17,399, CURRENT US$
Rnk 48 / 182

2011-2021
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GDP PC GROWTH
: 17.9%, CURRENT US$
Rnk 77 / 182

Azerbaijan-Croatia In 2021, Azerbaijan exported $741M to Croatia. The main products that Azerbaijan exported to Croatia are Crude Petroleum ($741M), Perfume Plants ($16.8k), and Cleaning Products ($11.8k). During the last 24 years the exports of Azerbaijan to Croatia have increased at an annualized rate of 63%, from $6.03k in 1997 to $741M in 2021.

In 2021, Azerbaijan did not export any services to Croatia.

Croatia-Azerbaijan In 2021, Croatia exported $6.41M to Azerbaijan. The main products that Croatia exported to Azerbaijan were Machinery Having Individual Functions ($4.31M), Shaving Products ($714k), and Wood Carpentry ($177k). During the last 24 years the exports of Croatia to Azerbaijan have increased at an annualized rate of 10.3%, from $612k in 1997 to $6.41M in 2021.

In 2021, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.81), and 72 in total exports ($22.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Azerbaijan exported $741M to Croatia. The main products exported from Azerbaijan to Croatia were Crude Petroleum ($741M), Perfume Plants ($16.8k), and Cleaning Products ($11.8k). During the last 24 years the exports of Azerbaijan to Croatia have increased at an annualized rate of 63%, from $6.03k in 1997 to $741M in 2021.

In 2021, Croatia exported $6.41M to Azerbaijan. The main products exported from Croatia to Azerbaijan were Machinery Having Individual Functions ($4.31M), Shaving Products ($714k), and Wood Carpentry ($177k). During the last 26 years the exports of Croatia to Azerbaijan have increased at an annualized rate of 10.3%, from $612k in 1995 to $6.41M in 2021.

Azerbaijan Exports

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Croatia Exports

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Market Competitiveness

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Color

Azerbaijan
Top Destination
: Italy, $9.46B

Croatia
Top Destination
: Italy, $2.82B

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

In 2021, countries that imported more from Azerbaijan than Croatia were Italy ($9.46B), Turkey ($2.83B), and Israel ($898M).

In 2021, countries that imported more from Croatia than Azerbaijan were Slovenia ($2.33B), Germany ($2.63B), and Bosnia and Herzegovina ($1.83B).

Comparative Advantage Azerbaijan - Croatia

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Flow
Scale

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

During 2021, Azerbaijan had a large net trade with Croatia in the exports of Mineral Products ($741M), Textiles ($44k), and Vegetable Products ($16.8k).

During 2021, Croatia had a large net trade with Azerbaijan in the exports of Machines ($4.58M), Chemical Products ($994k), and Wood Products ($183k).

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 yellow.  This mean that the more blue a dot/product is, the more Azerbaijan has comparative advantage over Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Azerbaijan.