2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Azerbaijan-United States Trade: In 2022, Azerbaijan exported $130M to United States. The main products that Azerbaijan exported to United States were Aluminium Plating ($37.7M), Nitrogenous Fertilizers ($27M), and Refined Petroleum ($23.9M). Over the past 5 years the exports of Azerbaijan to United States have increased at an annualized rate of 14.3%, from $66.8M in 2017 to $130M in 2022.

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 2022, United States exported $261M to Azerbaijan. The main products that United States exported to Azerbaijan were Cars ($42.2M), Gas Turbines ($21.8M), and Centrifuges ($15.1M). Over the past 5 years the exports of United States to Azerbaijan have increased at an annualized rate of 2.4%,  from $232M in 2017 to $261M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $130M to United States. The main products exported from Azerbaijan to United States were Aluminium Plating ($37.7M), Nitrogenous Fertilizers ($27M), and Refined Petroleum ($23.9M). During the last 5 years the exports of Azerbaijan to United States have increased at an annualized rate of 14.3%, from $66.8M in 2017 to $130M in 2022.

In 2017, United States exported $261M to Azerbaijan. The main products exported from United States to Azerbaijan were Cars ($42.2M), Gas Turbines ($21.8M), and Centrifuges ($15.1M). During the last 5 years the exports of United States to Azerbaijan have increased at an annualized rate of 2.4%, from $232M in 2022 to $261M in 2017.

Exports from Azerbaijan (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Azerbaijan (Flag) (2022)

Latest Data

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

Azerbaijan Exports

United States Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
United States
Top Destination
Canada$308B

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 2022, countries that imported more from Azerbaijan than United States included Belarus ($96.9M).

In 2022, countries that imported more from United States than Azerbaijan included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Azerbaijan (Flag) (2022)

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 2022, Azerbaijan had a large net trade with United States in the exports of Metals ($38.9M), Mineral Products ($33.5M), and Chemical Products ($28M).

During 2017, United States had a large net trade with Azerbaijan in the exports of Machines ($116M), Transportation ($53.2M), and Instruments ($25.2M).

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) (2022)

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