2022
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GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH
43.7%CURRENT US$
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2022
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 GDP
$78.7BCURRENT US$
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2012-2022
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GDP GROWTH
13%CURRENT US$
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2022
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GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186
2022
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GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Indonesia-Azerbaijan In 2022, Indonesia exported $93.5M to Azerbaijan. The main products that Indonesia exported to Azerbaijan are Palm Oil ($76.8M), Refrigerators ($2.36M), and Soap ($1.92M). During the last 26 years the exports of Indonesia to Azerbaijan have increased at an annualized rate of 36.3%, from $29.9k in 1996 to $93.5M in 2022.

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

Azerbaijan-Indonesia In 2022, Azerbaijan exported $612M to Indonesia. The main products that Azerbaijan exported to Indonesia were Crude Petroleum ($611M), Clays ($470k), and Gravel and Crushed Stone ($101k). During the last 26 years the exports of Azerbaijan to Indonesia have increased at an annualized rate of 20.2%, from $5.08M in 1996 to $612M in 2022.

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

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $93.5M to Azerbaijan. The main products exported from Indonesia to Azerbaijan were Palm Oil ($76.8M), Refrigerators ($2.36M), and Soap ($1.92M). During the last 26 years the exports of Indonesia to Azerbaijan have increased at an annualized rate of 36.3%, from $29.9k in 1996 to $93.5M in 2022.

In 2022, Azerbaijan exported $612M to Indonesia. The main products exported from Azerbaijan to Indonesia were Crude Petroleum ($611M), Clays ($470k), and Gravel and Crushed Stone ($101k). During the last 25 years the exports of Azerbaijan to Indonesia have increased at an annualized rate of 20.2%, from $5.08M in 1997 to $612M in 2022.

Exports from Indonesia (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to Indonesia (Flag) (2022)

Latest Data

Trade between Indonesia (Flag) and Azerbaijan (Flag)

Indonesia Exports

Azerbaijan Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Azerbaijan
Top Destination
Italy$18.3B

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 ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2021, countries that imported more from Azerbaijan than Indonesia were Italy ($18.3B), Israel ($1.68B), and Turkey ($3.57B).

Difference in imports from Azerbaijan (Flag) and Indonesia (Flag) (2022)

Comparative Advantage Indonesia - Azerbaijan

Flow
Scale

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

During 2022, Indonesia had a large net trade with Azerbaijan in the exports of Animal and Vegetable Bi-Products ($77.1M), Machines ($5.22M), and Chemical Products ($3.29M).

During 2022, Azerbaijan had a large net trade with Indonesia in the exports of Mineral Products ($612M), Machines ($12.6k), and Foodstuffs ($12.5k).

Economic Complexity

Competitive Landscape

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.

Product Space of Indonesia (Flag) and Azerbaijan (Flag) (2022)

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