Israel / Azerbaijan

Israel-Azerbaijan Trade: In 2023, Israel exported $151M to Azerbaijan. The main products that Israel exported to Azerbaijan were Broadcasting Accessories ($57.5M), Aircraft parts (gliders, balloons, and powered aircraft) ($26.2M), and Chlorides ($19.5M). Over the past 5 years the exports of Israel to Azerbaijan have increased at an annualized rate of 13%, from $82.3M in 2018 to $151M in 2023.

In 2007, Israel exported services to Azerbaijan worth $3.51M, with Computer and information services ($3.1M) and Construction services ($408k) being the largest in terms of value.

Azerbaijan-Israel Trade: In 2023, Azerbaijan exported $1.4B to Israel. The main products that Azerbaijan exported to Israel were Crude Petroleum ($1.39B), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($5.97M), and Refined Petroleum ($1.79M). Over the past 5 years the exports of Azerbaijan to Israel have increased at an annualized rate of 1.38%,  from $1.31B in 2018 to $1.4B in 2023.

In 2008, Azerbaijan exported services to Israel worth $10.8M, with Transportation ($8.18M), Travel ($2.64M), and Communications services ($15k) being the largest in terms of value.

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).