Georgia / Azerbaijan

Georgia-Azerbaijan Trade: In 2022, Georgia exported $668M to Azerbaijan. The main products that Georgia exported to Azerbaijan were Cars ($309M), Processed Tobacco ($25.8M), and Bovine ($23M). Over the past 5 years the exports of Georgia to Azerbaijan have increased at an annualized rate of 19.4%, from $276M in 2017 to $668M in 2022.

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

Azerbaijan-Georgia Trade: In 2022, Azerbaijan exported $645M to Georgia. The main products that Azerbaijan exported to Georgia were Petroleum Gas ($349M), Raw Iron Bars ($49.3M), and Refined Petroleum ($44.3M). Over the past 5 years the exports of Azerbaijan to Georgia have increased at an annualized rate of 4.33%,  from $521M in 2017 to $645M in 2022.

In 2008, Azerbaijan exported services to Georgia worth $29.7M, with Transportation ($13.1M), Construction services ($10M), and Services not allocated ($5.69M) being the largest in terms of value.

Comparison: In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).