Azerbaijan (AZE) and British Indian Ocean Territory (IOT) Trade

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Exports $9.56BRnk 13 / 0

2022

Economic Complexity (ECI) ECI -0.44Rnk 83 / 133

2022

GDP$78.7BCURRENT US$
Rnk 73 / 186

2012-2022

GDP GROWTH13%CURRENT US$
Rnk 140 / 186

2022

GDP PC $7,737CURRENT US$
Rnk 87 / 186

2012-2022

GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

Image 1

Image by David Davidson
Link: https://flic.kr/p/5PrY2p

Image 2

Image by Serendigity
Link: https://flic.kr/p/imDghY

Historical Data
Economic Complexity

About

In N/A, Azerbaijan did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Azerbaijan In N/A, British Indian Ocean Territory did not export any products to Azerbaijan.

In N/A, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

2005

1996

Azerbaijan does not register exports to British Indian Ocean Territory.

British Indian Ocean Territory does not register exports to Azerbaijan.

Exports from Azerbaijan () to British Indian Ocean Territory () (2005)

Exports from British Indian Ocean Territory () to Azerbaijan () (2005)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

In 2022, countries that imported more from Azerbaijan than British Indian Ocean Territory included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from British Indian Ocean Territory than Azerbaijan included Singapore ($4.42M), Sri Lanka ($2.69k), and Bolivia ($1.07k).

Difference in imports from British Indian Ocean Territory () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

2005

1996

This chart compares trade between Azerbaijan and British Indian Ocean Territory by product, considering products traded by both, Azerbaijan and British Indian Ocean Territory.

Economic Complexity

Competitive Landscape

Year

2005

1996

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

Product Space of Azerbaijan () and British Indian Ocean Territory () (2005)

Keep Exploring

Azerbaijan
India
Azerbaijan
Iran
Armenia
British Indian Ocean Territory
Bangladesh
British Indian Ocean Territory

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