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
$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

North Korea-Azerbaijan Trade: In 2023, North Korea exported $39.8k to Azerbaijan. The main products that North Korea exported to Azerbaijan were Other Office Machines ($30.8k), Beauty Products ($8.95k), and Rubber Belting ($86). Over the past 7 years the exports of North Korea to Azerbaijan have increased at an annualized rate of 10%, from $20.4k in 2016 to $39.8k in 2023.

In 2023, North Korea did not export any services to Azerbaijan.

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

In 2023, Azerbaijan did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), 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, North Korea exported $39.8k to Azerbaijan. The main products exported from North Korea to Azerbaijan were Other Office Machines ($30.8k), Beauty Products ($8.95k), and Rubber Belting ($86). During the last 7 years the exports of North Korea to Azerbaijan have increased at an annualized rate of 10%, from $20.4k in 2016 to $39.8k in 2023.

Azerbaijan does not register exports to North Korea.

Exports from North Korea (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to North Korea (Flag) (2023)

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Azerbaijan
Top Destination
Italy$11.4B

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

In 2023, countries that imported more from North Korea than Azerbaijan included China ($292M), Angola ($10.2M), and Senegal ($10.3M).

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

Difference in imports from Azerbaijan (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Azerbaijan

Flow
Scale

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

During 2023, North Korea had a large net trade with Azerbaijan in the exports of Machines ($30.8k), Chemical Products ($8.95k), and Plastics and Rubbers ($86).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Azerbaijan (Flag) (2023)

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