Indonesia (IDN) and Azerbaijan (AZE) Trade | OEC - The Observatory of Economic Complexity

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Indonesia-Azerbaijan In 2021, Indonesia exported $51.9M to Azerbaijan. The main products that Indonesia exported to Azerbaijan are Palm Oil ($32.4M), Special Purpose Ships ($2.1M), and Refrigerators ($1.52M). During the last 25 years the exports of Indonesia to Azerbaijan have increased at an annualized rate of 34.9%, from $29k in 1996 to $51.9M in 2021.

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

Azerbaijan-Indonesia In 2021, Azerbaijan exported $87.3M to Indonesia. The main products that Azerbaijan exported to Indonesia were Crude Petroleum ($87.1M), Clays ($112k), and Interchangeable Tool Parts ($26.2k). During the last 25 years the exports of Azerbaijan to Indonesia have increased at an annualized rate of 12.1%, from $5M in 1996 to $87.3M in 2021.

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

Comparison In 2021, Indonesia ranked 61 in the Economic Complexity Index (ECI 0.042), and 27 in total exports ($248B). That same year, Azerbaijan ranked 85 in the Economic Complexity Index (ECI -0.52), and 71 in total exports ($22.8B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Indonesia exported $51.9M to Azerbaijan. The main products exported from Indonesia to Azerbaijan were Palm Oil ($32.4M), Special Purpose Ships ($2.1M), and Refrigerators ($1.52M). During the last 25 years the exports of Indonesia to Azerbaijan have increased at an annualized rate of 34.9%, from $29k in 1996 to $51.9M in 2021.

In 2021, Azerbaijan exported $87.3M to Indonesia. The main products exported from Azerbaijan to Indonesia were Crude Petroleum ($87.1M), Clays ($112k), and Interchangeable Tool Parts ($26.2k). During the last 24 years the exports of Azerbaijan to Indonesia have increased at an annualized rate of 12.1%, from $5M in 1997 to $87.3M in 2021.

Latest Data

Indonesia Exports

Date

Azerbaijan Exports

Date

Market Competitiveness

Color

SectionYear

Indonesia
Top Destination: China, $54.5B

Azerbaijan
Top Destination: Italy, $9.46B

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

In 2021, countries that imported more from Indonesia than Azerbaijan were China ($54.5B), United States ($26.2B), and Japan ($18.6B).

In 2021, countries that imported more from Azerbaijan than Indonesia were Italy ($9.46B), Turkey ($2.83B), and Israel ($898M).

Comparative Advantage Indonesia - Azerbaijan

Flow

Scale

Year

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

During 2021, Indonesia had a large net trade with Azerbaijan in the exports of Animal and Vegetable Bi-Products ($32.6M), Machines ($6.51M), and Transportation ($3.17M).

During 2021, Azerbaijan had a large net trade with Indonesia in the exports of Mineral Products ($87.2M), Metals ($47.9k), and Machines ($32.6k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Indonesia Exports

Azerbaijan Exports

Market Competitiveness

Comparative Advantage Indonesia - Azerbaijan

Economic Complexity

Competitive Landscape

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