2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186

About

Azerbaijan-Japan Trade: In 2022, Azerbaijan exported $13.9M to Japan. The main products that Azerbaijan exported to Japan were Raw Aluminium ($12M), Clays ($1.65M), and Other Processed Fruits and Nuts ($88.4k). Over the past 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 26%, from $4.38M in 2017 to $13.9M in 2022.

In 2008, Azerbaijan exported services to Japan worth $2.39M, with Services not allocated ($1.29M), Travel ($1.04M), and Communications services ($55k) being the largest in terms of value.

Japan-Azerbaijan Trade: In 2022, Japan exported $187M to Azerbaijan. The main products that Japan exported to Azerbaijan were Cars ($106M), Iron Pipes ($24.6M), and Delivery Trucks ($8.09M). Over the past 5 years the exports of Japan to Azerbaijan have increased at an annualized rate of 2.24%,  from $167M in 2017 to $187M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $13.9M to Japan. The main products exported from Azerbaijan to Japan were Raw Aluminium ($12M), Clays ($1.65M), and Other Processed Fruits and Nuts ($88.4k). During the last 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 26%, from $4.38M in 2017 to $13.9M in 2022.

In 2017, Japan exported $187M to Azerbaijan. The main products exported from Japan to Azerbaijan were Cars ($106M), Iron Pipes ($24.6M), and Delivery Trucks ($8.09M). During the last 5 years the exports of Japan to Azerbaijan have increased at an annualized rate of 2.24%, from $167M in 2022 to $187M in 2017.

Exports from Azerbaijan (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and Japan (Flag)

Azerbaijan Exports

Japan Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Japan
Top Destination
United States$137B

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

In 2022, countries that imported more from Azerbaijan than Japan included Italy ($18.3B), Greece ($1.51B), and Croatia ($990M).

In 2022, countries that imported more from Japan than Azerbaijan included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Japan

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Japan in the exports of Metals ($12M), Mineral Products ($1.65M), and Foodstuffs ($141k).

During 2017, Japan had a large net trade with Azerbaijan in the exports of Transportation ($117M), Metals ($28.7M), and Machines ($21.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Japan+$7.88MRaw Aluminium
Top Product Potential Japan Azerbaijan+$47.7MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and Japan (Flag) (2022)

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