2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC
$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

Macau-Azerbaijan Trade: In 2023, Macau exported $13.8k to Azerbaijan. The main products that Macau exported to Azerbaijan were Knit Babies' Garments ($4.54k), Knit Sweaters ($2.9k), and Knit T-shirts ($2.86k). Over the past 5 years the exports of Macau to Azerbaijan have increased at an annualized rate of 387%, from $5 in 2018 to $13.8k in 2023.

In 2023, Macau did not export any services to Azerbaijan.

Azerbaijan-Macau In N/A, Azerbaijan did not export any products to Macau.

In 2023, Azerbaijan did not export any services to Macau.

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Macau exported $13.8k to Azerbaijan. The main products exported from Macau to Azerbaijan were Knit Babies' Garments ($4.54k), Knit Sweaters ($2.9k), and Knit T-shirts ($2.86k). During the last 5 years the exports of Macau to Azerbaijan have increased at an annualized rate of 387%, from $5 in 2018 to $13.8k in 2023.

Azerbaijan does not register exports to Macau.

Exports from Macau (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to Macau (Flag) (2023)

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Azerbaijan
Top Destination
Italy$11.4B

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

In 2023, countries that imported more from Macau than Azerbaijan included Hong Kong ($1.4B), Philippines ($61M), and United States ($107M).

In 2023, countries that imported more from Azerbaijan than Macau included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

Difference in imports from Azerbaijan (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - Azerbaijan

Flow
Scale

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

During 2023, Macau had a large net trade with Azerbaijan in the exports of Textiles ($13.7k) and Footwear and Headwear ($72).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Macau and Azerbaijan. This means that a dot/product with the flag of Macau indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Macau.

Product Space of Macau (Flag) and Azerbaijan (Flag) (2023)

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