Flag Germany / Azerbaijan Flag

2021
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Exports
: $447M, Rnk 87 / 221

2021
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Top Product
: $50.5M, Cars

2021
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Exports
: $660M, Rnk 7 / 138

2021
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Top Product
: $634M, Crude Petroleum

2021
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Economic Complexity (ECI)
: ECI 1.81, Rnk 5 / 131

2021
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Economic Complexity (ECI)
: ECI -0.52, Rnk 85 / 131

2021
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GDP
: $4.22T, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 119 / 182

2021
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 GDP
: $54.6B, CURRENT US$
Rnk 82 / 182

2011-2021
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GDP GROWTH
: -17.2%, CURRENT US$
Rnk 170 / 182

2021
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GDP PC 
: $50,802, CURRENT US$
Rnk 19 / 182

2011-2021
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GDP PC GROWTH
: 8.77%, CURRENT US$
Rnk 108 / 182

2021
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GDP PC
: $5,384, CURRENT US$
Rnk 94 / 182

2011-2021
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GDP PC GROWTH
: -25.1%, CURRENT US$
Rnk 166 / 182

Germany-Azerbaijan In 2021, Germany exported $447M to Azerbaijan. The main products that Germany exported to Azerbaijan are Cars ($50.5M), Industrial Furnaces ($47.9M), and Air Pumps ($31.3M). During the last 26 years the exports of Germany to Azerbaijan have increased at an annualized rate of 8.68%, from $51.3M in 1995 to $447M in 2021.

In 2021, Germany did not export any services to Azerbaijan.

Azerbaijan-Germany In 2021, Azerbaijan exported $660M to Germany. The main products that Azerbaijan exported to Germany were Crude Petroleum ($634M), Other Nuts ($17M), and Refined Petroleum ($1.3M). During the last 26 years the exports of Azerbaijan to Germany have increased at an annualized rate of 15.5%, from $15.6M in 1995 to $660M in 2021.

In 2008, Azerbaijan exported services to Germany worth $35.4M, with Services not allocated ($12.8M), Transportation ($10.4M), and Travel ($7.17M) being the largest in terms of value.

Comparison In 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Azerbaijan ranked 85 in the Economic Complexity Index (ECI -0.52), and 71 in total exports ($22.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Germany exported $447M to Azerbaijan. The main products exported from Germany to Azerbaijan were Cars ($50.5M), Industrial Furnaces ($47.9M), and Air Pumps ($31.3M). During the last 26 years the exports of Germany to Azerbaijan have increased at an annualized rate of 8.68%, from $51.3M in 1995 to $447M in 2021.

In 2021, Azerbaijan exported $660M to Germany. The main products exported from Azerbaijan to Germany were Crude Petroleum ($634M), Other Nuts ($17M), and Refined Petroleum ($1.3M). During the last 26 years the exports of Azerbaijan to Germany have increased at an annualized rate of 15.5%, from $15.6M in 1995 to $660M in 2021.

Market Competitiveness

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Color

Germany
Top Destination
: United States, $135B

Azerbaijan
Top Destination
: Italy, $9.46B

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

In 2021, countries that imported more from Germany than Azerbaijan were United States ($135B), China ($121B), and France ($119B).

In 2021, countries that imported more from Azerbaijan than Germany were Georgia ($663M), Gibraltar ($59.6M), and Bahrain ($5.78k).

Comparative Advantage Germany - Azerbaijan

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Flow
Scale

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

During 2021, Germany had a large net trade with Azerbaijan in the exports of Machines ($170M), Transportation ($84.3M), and Chemical Products ($72.1M).

During 2021, Azerbaijan had a large net trade with Germany in the exports of Mineral Products ($636M), Vegetable Products ($17.5M), and Machines ($2.34M).

Bilateral Service Trade

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In 2008, Azerbaijan exported services to Germany worth $35.4M, with Services not allocated ($12.8M), Transportation ($10.4M), and Travel ($7.17M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Azerbaijan. Similarly, the more yellow a dot/product is, the more Azerbaijan has comparative advantage over Germany.