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2022
Flag → Flag
Exports $644MRnk 114 / 211
2022
Flag → Flag
Top Product $80.2MBroadcasting Equipment
2022
Flag → Flag
Exports $449MRnk 23 / 141
2022
Flag → Flag
Top Product $114MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
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GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

China-Azerbaijan Trade: In 2022, China exported $644M to Azerbaijan. The main products that China exported to Azerbaijan were Broadcasting Equipment ($80.2M), Computers ($68.4M), and Cars ($52.2M). Over the past 5 years the exports of China to Azerbaijan have increased at an annualized rate of 260%, from $1.07M in 2017 to $644M in 2022.

In 2022, China did not export any services to Azerbaijan.

Azerbaijan-China Trade: In 2022, Azerbaijan exported $449M to China. The main products that Azerbaijan exported to China were Crude Petroleum ($114M), Petroleum Coke ($38.6M), and Ethylene Polymers ($28.9M). Over the past 5 years the exports of Azerbaijan to China have increased at an annualized rate of 183%,  from $2.49M in 2017 to $449M in 2022.

In 2022, Azerbaijan did not export any services to China.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $186M and imported $4.44M from Azerbaijan, resulting in a positive trade balance of $182M. Between May 2023 and May 2024 the exports of China have increased by $44.5M (31.4%) from $142M to $186M, while imports decreased by $-19.1M (-81.2%) from $23.6M to $4.44M.

Trade In May 2024, the top exports of China to Azerbaijan were Cars ($9.2M), Telephones ($5.1M), Rubber Tires ($4.79M), Computers ($3.73M), and Light Fixtures ($3.67M). In May 2024 the top imports of China from Azerbaijan were Ethylene Polymers ($2.69M), Tanned Equine and Bovine Hides ($76k), Baked Goods ($55.8k), Fruit Juice ($10.6k), and Paintings ($10.3k).

Origins In May 2024 the exports of China were mainly from Zhejiang Province ($47.9M), Guangdong Province ($37.3M), Shaanxi Province ($22.5M), Sichuan Province ($17.6M), and Shandong Province ($13.2M), while imports destinations were mainly Guangdong Province ($2.43M), Zhejiang Province ($1.64M), Xingjiang Uygur Autonomous Region ($176k), Tianjin ($109k), and Gansu Province ($66.3k).

Growth In May 2024, the increase in China's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in Cars ($6.3M or 217%), Telephones ($2.36M or 86%), and Iron Pipes ($2.26M or 831%). In May 2024, the decrease in China's year-by-year imports  from Azerbaijan was explained primarily by an decrease in product imports  in Fruit Juice ($-29.1k or -73.2%) and Commodities not elsewhere specified ($-616 or -60.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$44.5M(31.4%)
IMPORT GROWTH (May 2023 - May 2024)$-19.1M(-81.2%)
MAIN EXPORTER (May 2024)Zhejiang Province$47.9M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Azerbaijan and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $644M to Azerbaijan. The main products exported from China to Azerbaijan were Broadcasting Equipment ($80.2M), Computers ($68.4M), and Cars ($52.2M). During the last 5 years the exports of China to Azerbaijan have increased at an annualized rate of 260%, from $1.07M in 2017 to $644M in 2022.

In 2017, Azerbaijan exported $449M to China. The main products exported from Azerbaijan to China were Crude Petroleum ($114M), Petroleum Coke ($38.6M), and Ethylene Polymers ($28.9M). During the last 22 years the exports of Azerbaijan to China have increased at an annualized rate of 183%, from $2.49M in 1995 to $449M in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Azerbaijan
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage China - Azerbaijan

Flow
Scale

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

During 2022, China had a large net trade with Azerbaijan in the exports of Machines ($639M), Metals ($157M), and Transportation ($138M).

During 2017, Azerbaijan had a large net trade with China in the exports of Mineral Products ($176M), Plastics and Rubbers ($28.9M), and Chemical Products ($4.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Azerbaijan+$93.2MTelephones
Top Product Potential Azerbaijan China+$360MCrude Petroleum

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

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

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