Flag Greece / Azerbaijan Flag

2021
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Exports
: $29.9M, Rnk 94 / 212

2021
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Top Product
: $9.08M, Refined Petroleum

2021
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Exports
: $501M, Rnk 12 / 138

2021
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Top Product
: $434M, Petroleum Gas

2021
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Economic Complexity (ECI)
: ECI 0.32, Rnk 50 / 131

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

2021
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GDP
: $216B, CURRENT US$
Rnk 49 / 182

2011-2021
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GDP GROWTH
: -23.6%, CURRENT US$
Rnk 174 / 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 
: $20,277, CURRENT US$
Rnk 44 / 182

2011-2021
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GDP PC GROWTH
: -20.4%, CURRENT US$
Rnk 163 / 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

Greece-Azerbaijan In 2021, Greece exported $29.9M to Azerbaijan. The main products that Greece exported to Azerbaijan are Refined Petroleum ($9.08M), Aluminium Oxide ($4.75M), and Raw Tobacco ($4.66M). During the last 26 years the exports of Greece to Azerbaijan have increased at an annualized rate of 10.5%, from $2.24M in 1995 to $29.9M in 2021.

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

Azerbaijan-Greece In 2021, Azerbaijan exported $501M to Greece. The main products that Azerbaijan exported to Greece were Petroleum Gas ($434M), Crude Petroleum ($63.2M), and Refined Petroleum ($2.89M). During the last 26 years the exports of Azerbaijan to Greece have increased at an annualized rate of 27.1%, from $977k in 1995 to $501M in 2021.

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

Comparison In 2021,  Greece ranked 50 in the Economic Complexity Index (ECI 0.32), and 44 in total exports ($82B). 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, Greece exported $29.9M to Azerbaijan. The main products exported from Greece to Azerbaijan were Refined Petroleum ($9.08M), Aluminium Oxide ($4.75M), and Raw Tobacco ($4.66M). During the last 26 years the exports of Greece to Azerbaijan have increased at an annualized rate of 10.5%, from $2.24M in 1995 to $29.9M in 2021.

In 2021, Azerbaijan exported $501M to Greece. The main products exported from Azerbaijan to Greece were Petroleum Gas ($434M), Crude Petroleum ($63.2M), and Refined Petroleum ($2.89M). During the last 26 years the exports of Azerbaijan to Greece have increased at an annualized rate of 27.1%, from $977k in 1995 to $501M in 2021.

Greece Exports

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Azerbaijan Exports

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Market Competitiveness

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Color

Greece
Top Destination
: Italy, $6.8B

Azerbaijan
Top Destination
: Italy, $9.46B

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

In 2021, countries that imported more from Greece than Azerbaijan were Germany ($6.09B), Cyprus ($4.47B), and France ($4.31B).

In 2021, countries that imported more from Azerbaijan than Greece were Italy ($9.46B), Georgia ($663M), and Russia ($931M).

Comparative Advantage Greece - Azerbaijan

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Flow
Scale

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

During 2021, Greece had a large net trade with Azerbaijan in the exports of Mineral Products ($9.14M), Chemical Products ($8.77M), and Foodstuffs ($5.31M).

During 2021, Azerbaijan had a large net trade with Greece in the exports of Mineral Products ($501M), Chemical Products ($63.2k), and Foodstuffs ($48.1k).

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