2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Israel-Azerbaijan In 2022, Israel exported $135M to Azerbaijan. The main products that Israel exported to Azerbaijan are Broadcasting Accessories ($42.3M), Aircraft Parts ($24.9M), and Video Recording Equipment ($21M). During the last 27 years the exports of Israel to Azerbaijan have increased at an annualized rate of 17%, from $1.96M in 1995 to $135M in 2022.

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 In 2022, Azerbaijan exported $1.68B to Israel. The main products that Azerbaijan exported to Israel were Crude Petroleum ($1.67B), Acyclic Alcohols ($6.13M), and Nitrogenous Fertilizers ($2.31M). During the last 27 years the exports of Azerbaijan to Israel have increased at an annualized rate of 62.2%, from $3.6k in 1995 to $1.68B in 2022.

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 2022,  Israel ranked 19 in the Economic Complexity Index (ECI 1.17), and 49 in total exports ($76.9B). 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, Israel exported $135M to Azerbaijan. The main products exported from Israel to Azerbaijan were Broadcasting Accessories ($42.3M), Aircraft Parts ($24.9M), and Video Recording Equipment ($21M). During the last 27 years the exports of Israel to Azerbaijan have increased at an annualized rate of 17%, from $1.96M in 1995 to $135M in 2022.

In 2022, Azerbaijan exported $1.68B to Israel. The main products exported from Azerbaijan to Israel were Crude Petroleum ($1.67B), Acyclic Alcohols ($6.13M), and Nitrogenous Fertilizers ($2.31M). During the last 26 years the exports of Azerbaijan to Israel have increased at an annualized rate of 62.2%, from $3.6k in 1996 to $1.68B in 2022.

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

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

Latest Data

Trade between Israel (Flag) and Azerbaijan (Flag)

Israel Exports

Azerbaijan Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2021, countries that imported more from Israel than Azerbaijan were United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2021, countries that imported more from Azerbaijan than Israel were Italy ($18.3B), Turkey ($3.57B), and Greece ($1.51B).

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

Comparative Advantage Israel - Azerbaijan

Flow
Scale

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

During 2022, Israel had a large net trade with Azerbaijan in the exports of Machines ($75.3M), Transportation ($32.5M), and Chemical Products ($19.4M).

During 2022, Azerbaijan had a large net trade with Israel in the exports of Mineral Products ($1.67B), Chemical Products ($8.45M), and Foodstuffs ($1.03M).

Service Trade

Bilateral Service Trade

Isr Year

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.

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.

Service trade data is presented based on availability.

Services Exports from Israel (Flag) to Azerbaijan (Flag) (2007)

Services Exports from Azerbaijan (Flag) to Israel (Flag) (2008)

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

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

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