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Pricing

2022
Flag → Flag
Exports $16.7MRnk 83 / 199
2022
Flag → Flag
Top Product $5.86MRice
2022
Flag → Flag
Exports $3.41MRnk 55 / 141
2022
Flag → Flag
Top Product $6.59MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
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GDP GROWTH67.8%CURRENT US$
Rnk 31 / 186
2022
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 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC $1,597CURRENT US$
Rnk 155 / 186
2012-2022
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GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186
2022
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GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Pakistan-Azerbaijan Trade: In 2022, Pakistan exported $16.7M to Azerbaijan. The main products that Pakistan exported to Azerbaijan were Rice ($5.86M), Tropical Fruits ($5.14M), and Potatoes ($3.73M). Over the past 5 years the exports of Pakistan to Azerbaijan have increased at an annualized rate of 77.9%, from $935k in 2017 to $16.7M in 2022.

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

Azerbaijan-Pakistan Trade: In 2022, Azerbaijan exported $3.41M to Pakistan. The main products that Azerbaijan exported to Pakistan were Nitrogenous Fertilizers ($6.59M), Refined Petroleum ($1.07M), and Raw Lead ($684k). Over the past 5 years the exports of Azerbaijan to Pakistan have increased at an annualized rate of 164%,  from $26.6k in 2017 to $3.41M in 2022.

In 2008, Azerbaijan exported services to Pakistan worth $740k, with Travel ($740k) being the largest in terms of value.

Comparison: In 2022,  Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). 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, Pakistan exported $16.7M to Azerbaijan. The main products exported from Pakistan to Azerbaijan were Rice ($5.86M), Tropical Fruits ($5.14M), and Potatoes ($3.73M). During the last 5 years the exports of Pakistan to Azerbaijan have increased at an annualized rate of 77.9%, from $935k in 2017 to $16.7M in 2022.

In 2017, Azerbaijan exported $3.41M to Pakistan. The main products exported from Azerbaijan to Pakistan were Nitrogenous Fertilizers ($6.59M), Refined Petroleum ($1.07M), and Raw Lead ($684k). During the last 21 years the exports of Azerbaijan to Pakistan have increased at an annualized rate of 164%, from $26.6k in 1996 to $3.41M in 2017.

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

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

Latest Data

Trade between Pakistan (Flag) and Azerbaijan (Flag)

Pakistan Exports

Azerbaijan Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$6.47B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Pakistan than Azerbaijan included United States ($6.47B), China ($2.79B), and United Arab Emirates ($2.58B).

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

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

Comparative Advantage Pakistan - Azerbaijan

Flow
Scale

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

During 2022, Pakistan had a large net trade with Azerbaijan in the exports of Vegetable Products ($16.8M), Textiles ($10.4M), and Chemical Products ($2.65M).

During 2017, Azerbaijan had a large net trade with Pakistan in the exports of Chemical Products ($6.59M), Mineral Products ($1.51M), and Metals ($684k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Azerbaijan+$2.32MRice
Top Product Potential Azerbaijan Pakistan+N/AN/A

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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