2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC 
$7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

Azerbaijan-Lebanon Trade: In 2023, Azerbaijan exported $2.92M to Lebanon. The main products that Azerbaijan exported to Lebanon were Refined Petroleum ($2.7M), Lubricating Products ($109k), and Other Vegetable Residues ($70.7k). Over the past 5 years the exports of Azerbaijan to Lebanon have decreased at an annualized rate of 39.6%, from $36.5M in 2018 to $2.92M in 2023.

In 2006, Azerbaijan exported services to Lebanon worth $3.27M, with Construction services ($3.27M) being the largest in terms of value.

Lebanon-Azerbaijan Trade: In 2023, Lebanon exported $7.88M to Azerbaijan. The main products that Lebanon exported to Azerbaijan were Electric Generating Sets ($3.92M), Combustion Engines ($3.08M), and Chocolate ($567k). Over the past 5 years the exports of Lebanon to Azerbaijan have increased at an annualized rate of 26.6%,  from $2.42M in 2018 to $7.88M in 2023.

In 2023, Lebanon 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, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $2.92M to Lebanon. The main products exported from Azerbaijan to Lebanon were Refined Petroleum ($2.7M), Lubricating Products ($109k), and Other Vegetable Residues ($70.7k). During the last 5 years the exports of Azerbaijan to Lebanon have decreased at an annualized rate of 39.6%, from $36.5M in 2018 to $2.92M in 2023.

In 2018, Lebanon exported $7.88M to Azerbaijan. The main products exported from Lebanon to Azerbaijan were Electric Generating Sets ($3.92M), Combustion Engines ($3.08M), and Chocolate ($567k). During the last 5 years the exports of Lebanon to Azerbaijan have increased at an annualized rate of 26.6%, from $2.42M in 2023 to $7.88M in 2018.

Exports from Azerbaijan (Flag) to Lebanon (Flag) (2023)

Exports from Lebanon (Flag) to Azerbaijan (Flag) (2023)

Latest Data

Trade between Azerbaijan (Flag) and Lebanon (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Lebanon
Top Destination
United Arab Emirates$1.3B

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

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

In 2023, countries that imported more from Lebanon than Azerbaijan included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

Difference in imports from Lebanon (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - Lebanon

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Lebanon in the exports of Mineral Products ($2.7M), Chemical Products ($119k), and Foodstuffs ($70.7k).

During 2018, Lebanon had a large net trade with Azerbaijan in the exports of Machines ($7.1M), Foodstuffs ($625k), and Textiles ($60.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and Lebanon (Flag) (2023)

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