Ireland (IRL) and Azerbaijan (AZE) Trade | OEC - The Observatory of Economic Complexity

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Ireland-Azerbaijan In 2021, Ireland exported $21.9M to Azerbaijan. The main products that Ireland exported to Azerbaijan are Packaged Medicaments ($5.86M), Scented Mixtures ($3.61M), and Jewellery ($2.37M). During the last 26 years the exports of Ireland to Azerbaijan have increased at an annualized rate of 16.9%, from $379k in 1995 to $21.9M in 2021.

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

Azerbaijan-Ireland In 2021, Azerbaijan exported $41.8M to Ireland. The main products that Azerbaijan exported to Ireland were Crude Petroleum ($41.7M), Other Plastic Products ($5.63k), and Other Printed Material ($2.88k). During the last 26 years the exports of Azerbaijan to Ireland have increased at an annualized rate of 20.7%, from $311k in 1995 to $41.8M in 2021.

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

Comparison In 2021, Ireland ranked 17 in the Economic Complexity Index (ECI 1.29), and 30 in total exports ($212B). That same year, Azerbaijan ranked 85 in the Economic Complexity Index (ECI -0.52), and 71 in total exports ($22.8B).

Latest Trends

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Overview In N/A, Ireland exported €N/A and imported €N/A from Azerbaijan, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Azerbaijan were . In N/A the top imports of Ireland from Azerbaijan were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Azerbaijan was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports from Azerbaijan was explained primarily by an decrease in product imports in .

Latest Trade

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Flow

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This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Azerbaijan and Ireland trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Ireland exported $21.9M to Azerbaijan. The main products exported from Ireland to Azerbaijan were Packaged Medicaments ($5.86M), Scented Mixtures ($3.61M), and Jewellery ($2.37M). During the last 26 years the exports of Ireland to Azerbaijan have increased at an annualized rate of 16.9%, from $379k in 1995 to $21.9M in 2021.

In 2021, Azerbaijan exported $41.8M to Ireland. The main products exported from Azerbaijan to Ireland were Crude Petroleum ($41.7M), Other Plastic Products ($5.63k), and Other Printed Material ($2.88k). During the last 25 years the exports of Azerbaijan to Ireland have increased at an annualized rate of 20.7%, from $311k in 1996 to $41.8M in 2021.

Market Competitiveness

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Color

SectionYear

Ireland
Top Destination: United States, $59.8B

Azerbaijan
Top Destination: Italy, $9.46B

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

In 2021, countries that imported more from Ireland than Azerbaijan were United States ($59.8B), Germany ($23.3B), and United Kingdom ($19.7B).

In 2021, countries that imported more from Azerbaijan than Ireland were Italy ($9.46B), Turkey ($2.83B), and Georgia ($663M).

Comparative Advantage Ireland - Azerbaijan

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Year

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

During 2021, Ireland had a large net trade with Azerbaijan in the exports of Chemical Products ($12.1M), Precious Metals ($2.37M), and Machines ($2.27M).

During 2021, Azerbaijan had a large net trade with Ireland in the exports of Mineral Products ($41.7M), Plastics and Rubbers ($5.63k), and Machines ($4.98k).

Economic Complexity

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Competitive Landscape

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Ireland - Azerbaijan

Economic Complexity

Competitive Landscape

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