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Pricing

2022
Flag → Flag
Exports $27.8MRnk 106 / 218
2022
Flag → Flag
Top Product $6.52MPackaged Medicaments
2022
Flag → Flag
Exports $533kRnk 80 / 141
2022
Flag → Flag
Top Product $83.7kMachinery Having Individual Functions
2022
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Economic Complexity (ECI) ECI 1.01Rnk 23 / 124
2022
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Economic Complexity (ECI) ECI -0.47Rnk 82 / 124
2022
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GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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 $66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 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

Denmark-Azerbaijan In 2022, Denmark exported $27.8M to Azerbaijan. The main products that Denmark exported to Azerbaijan are Packaged Medicaments ($6.52M), Malt Extract ($2.82M), and Enzymes ($1.46M). During the last 27 years the exports of Denmark to Azerbaijan have increased at an annualized rate of 0.59%, from $23.7M in 1995 to $27.8M in 2022.

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

Azerbaijan-Denmark In 2022, Azerbaijan exported $533k to Denmark. The main products that Azerbaijan exported to Denmark were Machinery Having Individual Functions ($83.7k), Air Pumps ($58.4k), and Chemical Analysis Instruments ($55.6k). During the last 27 years the exports of Azerbaijan to Denmark have decreased at an annualized rate of 0.37%, from $588k in 1995 to $533k in 2022.

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

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $27.8M to Azerbaijan. The main products exported from Denmark to Azerbaijan were Packaged Medicaments ($6.52M), Malt Extract ($2.82M), and Enzymes ($1.46M). During the last 27 years the exports of Denmark to Azerbaijan have increased at an annualized rate of 0.59%, from $23.7M in 1995 to $27.8M in 2022.

In 2022, Azerbaijan exported $533k to Denmark. The main products exported from Azerbaijan to Denmark were Machinery Having Individual Functions ($83.7k), Air Pumps ($58.4k), and Chemical Analysis Instruments ($55.6k). During the last 27 years the exports of Azerbaijan to Denmark have decreased at an annualized rate of 0.37%, from $588k in 1995 to $533k in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Azerbaijan (Flag)

Denmark Exports

Azerbaijan Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2021, countries that imported more from Denmark than Azerbaijan were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from Azerbaijan than Denmark were Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Denmark - Azerbaijan

Flow
Scale

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

During 2022, Denmark had a large net trade with Azerbaijan in the exports of Chemical Products ($10.3M), Machines ($6.23M), and Foodstuffs ($4.14M).

During 2022, Azerbaijan had a large net trade with Denmark in the exports of Machines ($263k), Instruments ($126k), and Metals ($65.2k).

Economic Complexity

Competitive Landscape

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 Denmark has comparative advantage over Azerbaijan. Similarly, the more yellow a dot/product is, the more Azerbaijan has comparative advantage over Denmark.

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

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