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Pricing

2023
Flag → Flag
Exports $45.5MRnk 39 / 137
2023
Flag → Flag
Top Product $16.7MAluminium Plating
2023
Flag → Flag
Exports $454MRnk 108 / 220
2023
Flag → Flag
Top Product $134MCars
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Azerbaijan-United States Trade: In 2023, Azerbaijan exported $45.5M to United States. The main products that Azerbaijan exported to United States were Aluminium Plating ($16.7M), Refined Petroleum ($9.95M), and Other Inedible Animal Products ($2.54M). Over the past 5 years the exports of Azerbaijan to United States have decreased at an annualized rate of 35.8%, from $419M in 2018 to $45.5M in 2023.

In 2008, Azerbaijan exported services to United States worth $130M, with Transportation ($67.5M), Services not allocated ($50.7M), and Travel ($9.29M) being the largest in terms of value.

United States-Azerbaijan Trade: In 2023, United States exported $454M to Azerbaijan. The main products that United States exported to Azerbaijan were Cars ($134M), Valves ($22M), and Electric Generating Sets ($18.7M). Over the past 5 years the exports of United States to Azerbaijan have decreased at an annualized rate of 4.38%,  from $567M in 2018 to $454M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $45.5M to United States. The main products exported from Azerbaijan to United States were Aluminium Plating ($16.7M), Refined Petroleum ($9.95M), and Other Inedible Animal Products ($2.54M). During the last 5 years the exports of Azerbaijan to United States have decreased at an annualized rate of 35.8%, from $419M in 2018 to $45.5M in 2023.

In 2018, United States exported $454M to Azerbaijan. The main products exported from United States to Azerbaijan were Cars ($134M), Valves ($22M), and Electric Generating Sets ($18.7M). During the last 5 years the exports of United States to Azerbaijan have decreased at an annualized rate of 4.38%, from $567M in 2023 to $454M in 2018.

Exports from Azerbaijan (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Azerbaijan (Flag) (2023)

Latest Data

Trade between Azerbaijan (Flag) and United States (Flag)

Azerbaijan Exports

United States Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$11.4B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Azerbaijan than United States included Russia ($1.2B), Turkmenistan ($86.1M), and Belarus ($31.8M).

In 2023, countries that imported more from United States than Azerbaijan included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - United States

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with United States in the exports of Metals ($19.7M), Mineral Products ($9.95M), and Machines ($4.39M).

During 2018, United States had a large net trade with Azerbaijan in the exports of Machines ($174M), Transportation ($148M), and Instruments ($35.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan United States+$72.9MRefined Petroleum
Top Product Potential United States Azerbaijan+$41.2MCars

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 United States. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Azerbaijan.

Product Space of Azerbaijan (Flag) and United States (Flag) (2023)

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