2022
Flag  
GDP
$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH
-1.37%CURRENT US$
Rnk 167 / 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 
$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 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

Tunisia-Azerbaijan Trade: In 2022, Tunisia exported $5.81M to Azerbaijan. The main products that Tunisia exported to Azerbaijan were Tropical Fruits ($1.42M), Medical Instruments ($824k), and Non-Knit Women's Suits ($438k). Over the past 5 years the exports of Tunisia to Azerbaijan have increased at an annualized rate of 18.2%, from $2.52M in 2017 to $5.81M in 2022.

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

Azerbaijan-Tunisia Trade: In 2022, Azerbaijan exported $502M to Tunisia. The main products that Azerbaijan exported to Tunisia were Crude Petroleum ($501M), Iron Pipes ($345k), and Industrial Fatty Acids, Oils and Alcohols ($20.9k). Over the past 5 years the exports of Azerbaijan to Tunisia have increased at an annualized rate of 17.9%,  from $186M in 2017 to $502M in 2022.

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

Comparison: In 2022,  Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B). 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, Tunisia exported $5.81M to Azerbaijan. The main products exported from Tunisia to Azerbaijan were Tropical Fruits ($1.42M), Medical Instruments ($824k), and Non-Knit Women's Suits ($438k). During the last 5 years the exports of Tunisia to Azerbaijan have increased at an annualized rate of 18.2%, from $2.52M in 2017 to $5.81M in 2022.

In 2017, Azerbaijan exported $502M to Tunisia. The main products exported from Azerbaijan to Tunisia were Crude Petroleum ($501M), Iron Pipes ($345k), and Industrial Fatty Acids, Oils and Alcohols ($20.9k). During the last 5 years the exports of Azerbaijan to Tunisia have increased at an annualized rate of 17.9%, from $186M in 2022 to $502M in 2017.

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

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

Latest Data

Trade between Tunisia (Flag) and Azerbaijan (Flag)

Tunisia Exports

Azerbaijan Exports

Market Competitiveness

Color
Tunisia
Top Destination
France$4.8B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Tunisia than Azerbaijan included France ($4.8B), Germany ($3.01B), and Libya ($793M).

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

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

Comparative Advantage Tunisia - Azerbaijan

Flow
Scale

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

During 2022, Tunisia had a large net trade with Azerbaijan in the exports of Textiles ($2.03M), Vegetable Products ($1.42M), and Instruments ($1.01M).

During 2017, Azerbaijan had a large net trade with Tunisia in the exports of Mineral Products ($501M), Metals ($345k), and Chemical Products ($20.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tunisia Azerbaijan+$584kNon-Knit Women's Suits
Top Product Potential Azerbaijan Tunisia+$90.4kIron Pipes

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 Tunisia and Azerbaijan. This means that a dot/product with the flag of Tunisia indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Tunisia.

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

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