Guyana (GUY) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

About

Guyana-Azerbaijan Trade: In 2022, Guyana exported $3.37k to Azerbaijan. The main products that Guyana exported to Azerbaijan were Excavation Machinery ($3.37k). Over the past 14 years the exports of Guyana to Azerbaijan have decreased at an annualized rate of 39.3%, from $3.64M in 2008 to $3.37k in 2022.

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

Azerbaijan-Guyana In N/A, Azerbaijan did not export any products to Guyana.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $3.37k to Azerbaijan. The main products exported from Guyana to Azerbaijan were Excavation Machinery ($3.37k). During the last 14 years the exports of Guyana to Azerbaijan have decreased at an annualized rate of 39.3%, from $3.64M in 2008 to $3.37k in 2022.

Azerbaijan does not register exports to Guyana. The main products exported from Azerbaijan to Guyana were Excavation Machinery ($9.37k), Insulated Wire ($2.28k), and Other Iron Products ($1.97k).

Exports from Guyana () to Azerbaijan () (2022)

Exports from Azerbaijan () to Guyana () (2022)

Latest Data

Trade between Guyana () and Azerbaijan ()

Azerbaijan Exports

Date

Aug 2020

Jul 2019

Jan 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Guyana than Azerbaijan included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

In 2022, countries that imported more from Azerbaijan than Guyana included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

Difference in imports from Azerbaijan () and Guyana () (2022)

Comparative Advantage Guyana - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Azerbaijan in the exports of Machines ($3.37k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guyana and Azerbaijan. This means that a dot/product with the flag of Guyana indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Guyana.

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Azerbaijan () (2022)

Exports from Azerbaijan () to Guyana () (2022)

Latest Data

Trade between Guyana () and Azerbaijan ()

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Guyana () (2022)

Comparative Advantage Guyana - Azerbaijan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Guyana () and Azerbaijan () (2022)

Keep Exploring