2022
Flag  
GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
Rnk 22 / 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 
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
Rnk 34 / 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

Malta-Azerbaijan Trade: In 2022, Malta exported $175k to Azerbaijan. The main products that Malta exported to Azerbaijan were Packaged Medicaments ($90.5k), Other Iron Products ($11.3k), and Electrical Control Boards ($9.94k). Over the past 5 years the exports of Malta to Azerbaijan have increased at an annualized rate of 12.5%, from $96.9k in 2017 to $175k in 2022.

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

Azerbaijan-Malta Trade: In 2022, Azerbaijan exported $20.6M to Malta. The main products that Azerbaijan exported to Malta were Refined Petroleum ($20.6M), Computers ($1.03k), and Knit Women's Shirts ($52). Over the past 5 years the exports of Azerbaijan to Malta have decreased at an annualized rate of 11%,  from $36.9M in 2017 to $20.6M in 2022.

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

Comparison In 2022,  Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malta exported $175k to Azerbaijan. The main products exported from Malta to Azerbaijan were Packaged Medicaments ($90.5k), Other Iron Products ($11.3k), and Electrical Control Boards ($9.94k). During the last 5 years the exports of Malta to Azerbaijan have increased at an annualized rate of 12.5%, from $96.9k in 2017 to $175k in 2022.

In 2017, Azerbaijan exported $20.6M to Malta. The main products exported from Azerbaijan to Malta were Refined Petroleum ($20.6M), Computers ($1.03k), and Knit Women's Shirts ($52). During the last 5 years the exports of Azerbaijan to Malta have decreased at an annualized rate of 11%, from $36.9M in 2022 to $20.6M in 2017.

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

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

Latest Data

Trade between Malta (Flag) and Azerbaijan (Flag)

Malta Exports

Azerbaijan Exports

Market Competitiveness

Color
Malta
Top Destination
Germany$576M
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Malta than Azerbaijan included Singapore ($239M), Japan ($249M), and France ($302M).

In 2022, countries that imported more from Azerbaijan than Malta included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Malta - Azerbaijan

Flow
Scale

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

During 2022, Malta had a large net trade with Azerbaijan in the exports of Chemical Products ($90.5k), Machines ($44.6k), and Metals ($11.3k).

During 2017, Azerbaijan had a large net trade with Malta in the exports of Mineral Products ($20.6M), Machines ($1.03k), and Textiles ($127).

Economic Complexity

Competitive Landscape

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

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

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