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2023
Flag → Flag
Exports $3BRnk 93 / 208
2023
Flag → Flag
Top Product $306MBroadcasting Equipment
2023
Flag → Flag
Exports $78.7MRnk 30 / 137
2023
Flag → Flag
Top Product $46.5MPetroleum Coke
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
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GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$7,126CURRENT US$
Rnk 103 / 196
2013-2023
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GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195

About

China-Azerbaijan Trade: In 2023, China exported $3B to Azerbaijan. The main products that China exported to Azerbaijan were Broadcasting Equipment ($306M), Cars ($223M), and Computers ($132M). Over the past 5 years the exports of China to Azerbaijan have increased at an annualized rate of 22%, from $1.11B in 2018 to $3B in 2023.

In 2023, China did not export any services to Azerbaijan.

Azerbaijan-China Trade: In 2023, Azerbaijan exported $78.7M to China. The main products that Azerbaijan exported to China were Petroleum Coke ($46.5M), Ethylene Polymers ($20.2M), and Halogens ($5.65M). Over the past 5 years the exports of Azerbaijan to China have decreased at an annualized rate of 7.63%,  from $117M in 2018 to $78.7M in 2023.

In 2023, Azerbaijan did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $230M and imported $3.25M from Azerbaijan, resulting in a positive trade balance of $227M. Between December 2023 and December 2024 the exports of China have increased by $81.7M (55.2%) from $148M to $230M, while imports decreased by $-9.27M (-74%) from $12.5M to $3.25M.

Trade In December 2024, the top exports of China to Azerbaijan were Cars ($18.2M), Telephones ($11.9M), Computers ($7.29M), Air Conditioners ($7.1M), and Synthetic Filament Yarn Woven Fabric ($4.7M). In December 2024 the top imports of China from Azerbaijan were Other Mineral ($305k), Refined Copper ($247k), Tanned Equine and Bovine Hides ($192k), Perfume Plants ($108k), and Glycosides ($86.7k).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($62.7M), Guangdong Province ($36.7M), Shaanxi Province ($21.1M), Jiangsu Province ($20.9M), and Shandong Province ($20.6M), while imports destinations were mainly Guangdong Province ($1.43M), Beijing ($587k), Tianjin ($411k), Jiangsu Province ($404k), and Zhejiang Province ($246k).

Growth In December 2024, the increase in China's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in Cars ($8.97M or 97.5%), Telephones ($6.82M or 134%), and Air Conditioners ($4.97M or 233%). In December 2024, the decrease in China's year-by-year imports  from Azerbaijan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$81.7M(55.2%)
IMPORT GROWTH (December 2023 - December 2024)$-9.27M(-74%)
MAIN EXPORTER (December 2024)Zhejiang Province$62.7M

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 2023, China exported $3B to Azerbaijan. The main products exported from China to Azerbaijan were Broadcasting Equipment ($306M), Cars ($223M), and Computers ($132M). During the last 5 years the exports of China to Azerbaijan have increased at an annualized rate of 22%, from $1.11B in 2018 to $3B in 2023.

In 2018, Azerbaijan exported $78.7M to China. The main products exported from Azerbaijan to China were Petroleum Coke ($46.5M), Ethylene Polymers ($20.2M), and Halogens ($5.65M). During the last 5 years the exports of Azerbaijan to China have decreased at an annualized rate of 7.63%, from $117M in 2023 to $78.7M in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Azerbaijan
Top DestinationItaly$11.4B

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.

In 2023, countries that imported more from China than Azerbaijan included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Azerbaijan than from China.

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

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 2023, China had a large net trade with Azerbaijan in the exports of Machines ($1.36B), Transportation ($381M), and Metals ($267M).

During 2018, Azerbaijan had a large net trade with China in the exports of Mineral Products ($47.3M), Plastics and Rubbers ($20.2M), and Chemical Products ($6.28M).

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) (2023)

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