2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

In N/A, Azerbaijan did not export any services to North Korea.

North Korea-Azerbaijan Trade: In N/A, North Korea exported $20.7k to Azerbaijan. The main products that North Korea exported to Azerbaijan were N/A. Over the past N/A years the exports of North Korea to Azerbaijan have increased at an annualized rate of 0.13%,  from $20.4k in N/A to $20.7k in N/A.

In N/A, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Azerbaijan does not register exports to North Korea.

In 2016, North Korea exported $20.7k to Azerbaijan. There were not main exports from North Korea to Azerbaijan in 2016. During the last 5 years the exports of North Korea to Azerbaijan have increased at an annualized rate of 0.13%, from $20.4k in 2021 to $20.7k in 2016.

Exports from Azerbaijan (Flag) to North Korea (Flag) (2021)

Exports from North Korea (Flag) to Azerbaijan (Flag) (2021)

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Azerbaijan than North Korea included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from North Korea than Azerbaijan included Senegal ($26.9M), Nigeria ($14M), and Mozambique ($5.73M).

Difference in imports from North Korea (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - North Korea

Flow
Scale

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

During 2016, North Korea had a large net trade with Azerbaijan in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and North Korea (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with