Azerbaijan / India

Azerbaijan-India Trade: In 2022, Azerbaijan exported $1.64B to India. The main products that Azerbaijan exported to India were Crude Petroleum ($1.6B), Nitrogenous Fertilizers ($28.8M), and Petroleum Coke ($6.55M). Over the past 5 years the exports of Azerbaijan to India have increased at an annualized rate of 32%, from $410M in 2017 to $1.64B in 2022.

In 2008, Azerbaijan exported services to India worth $1.08M, with Travel ($1.08M) being the largest in terms of value.

India-Azerbaijan Trade: In 2022, India exported $141M to Azerbaijan. The main products that India exported to Azerbaijan were Packaged Medicaments ($22.4M), Broadcasting Equipment ($19.3M), and Processed Tobacco ($18.9M). Over the past 5 years the exports of India to Azerbaijan have increased at an annualized rate of 13.4%,  from $75.3M in 2017 to $141M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).