Georgia / Azerbaijan

Georgia-Azerbaijan Trade: In 2023, Georgia exported $828M to Azerbaijan. The main products that Georgia exported to Azerbaijan were Cars ($437M), Processed Tobacco ($35.4M), and Packaged Medicaments ($26M). Over the past 5 years the exports of Georgia to Azerbaijan have increased at an annualized rate of 10.9%, from $493M in 2018 to $828M in 2023.

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

Azerbaijan-Georgia Trade: In 2023, Azerbaijan exported $654M to Georgia. The main products that Azerbaijan exported to Georgia were Petroleum Gas ($314M), Refined Petroleum ($95.4M), and Cement ($57.1M). Over the past 5 years the exports of Azerbaijan to Georgia have increased at an annualized rate of 1.96%,  from $593M in 2018 to $654M in 2023.

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 2023,  Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).