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Pricing

2022
Flag → Flag
Exports $88.7MRnk 112 / 218
2022
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Top Product $16.7MNavigation Equipment
2022
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Exports $1.04BRnk 6 / 141
2022
Flag → Flag
Top Product $1.03BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -0.47Rnk 82 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 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

Spain-Azerbaijan In 2022, Spain exported $88.7M to Azerbaijan. The main products that Spain exported to Azerbaijan are Navigation Equipment ($16.7M), Delivery Trucks ($7.94M), and Unglazed Ceramics ($4.04M). During the last 27 years the exports of Spain to Azerbaijan have increased at an annualized rate of 20.4%, from $586k in 1995 to $88.7M in 2022.

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

Azerbaijan-Spain In 2022, Azerbaijan exported $1.04B to Spain. The main products that Azerbaijan exported to Spain were Crude Petroleum ($1.03B), Acyclic Alcohols ($7.2M), and Hard Liquor ($1.16M). During the last 27 years the exports of Azerbaijan to Spain have increased at an annualized rate of 22.7%, from $4.12M in 1995 to $1.04B in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €3.82M and imported €1.79M from Azerbaijan, resulting in a positive trade balance of €2.03M. Between January 2023 and January 2024 the exports of Spain have increased by €490k (14.7%) from €3.33M to €3.82M, while imports decreased by €-153M (-98.8%) from €155M to €1.79M.

Trade In January 2024, the top exports of Spain to Azerbaijan were Unglazed Ceramics (€494k), Navigation Equipment (€339k), Cars (€220k), Non-Knit Women's Suits (€192k), and Mixed Mineral or Chemical Fertilizers (€140k). In January 2024 the top imports of Spain from Azerbaijan were Crude Petroleum (€154M), Other Nuts (€593k), Refined Petroleum (€21.8k), Commodities not elsewhere specified (€9.25k), and Other Meat (€2.62k).

Origins In January 2024 the exports of Spain were mainly from Girona (€933k), Barcelona (€597k), A Coruña (€466k), Madrid (€354k), and Alicante (€217k), while imports destinations were mainly Valencia (€1.09M), Alicante (€323k), Toledo (€234k), Murcia (€143k), and Madrid (€3.78k).

Growth In January 2024, the increase in Spain's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in Navigation Equipment (€305k or 881%), Unglazed Ceramics (€282k or 133%), and Cars (€88.8k or 67.5%). In January 2024, the decrease in Spain's year-by-year imports  from Azerbaijan was explained primarily by an decrease in product imports  in Other Nuts (€-31.2k or -5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€490k(14.7%)
IMPORT GROWTH (January 2023 - January 2024)€-153M(-98.8%)
MAIN EXPORTER (January 2024)Girona€933k

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $88.7M to Azerbaijan. The main products exported from Spain to Azerbaijan were Navigation Equipment ($16.7M), Delivery Trucks ($7.94M), and Unglazed Ceramics ($4.04M). During the last 27 years the exports of Spain to Azerbaijan have increased at an annualized rate of 20.4%, from $586k in 1995 to $88.7M in 2022.

In 2022, Azerbaijan exported $1.04B to Spain. The main products exported from Azerbaijan to Spain were Crude Petroleum ($1.03B), Acyclic Alcohols ($7.2M), and Hard Liquor ($1.16M). During the last 27 years the exports of Azerbaijan to Spain have increased at an annualized rate of 22.7%, from $4.12M in 1995 to $1.04B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2021, countries that imported more from Spain than Azerbaijan were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Azerbaijan than Spain were Georgia ($645M), Croatia ($990M), and Indonesia ($612M).

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

Comparative Advantage Spain - Azerbaijan

Flow
Scale

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

During 2022, Spain had a large net trade with Azerbaijan in the exports of Machines ($25.7M), Transportation ($11.4M), and Textiles ($11.1M).

During 2022, Azerbaijan had a large net trade with Spain in the exports of Mineral Products ($1.03B), Chemical Products ($7.62M), and Foodstuffs ($1.16M).

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

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

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