2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
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GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Turkey-Azerbaijan In 2022, Turkey exported $2.5B to Azerbaijan. The main products that Turkey exported to Azerbaijan are Iron Structures ($59.3M), Packaged Medicaments ($55.4M), and Refined Petroleum ($50.7M). During the last 27 years the exports of Turkey to Azerbaijan have increased at an annualized rate of 10.7%, from $161M in 1995 to $2.5B in 2022.

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

Azerbaijan-Turkey In 2022, Azerbaijan exported $3.57B to Turkey. The main products that Azerbaijan exported to Turkey were Petroleum Gas ($2.21B), Crude Petroleum ($502M), and Raw Cotton ($162M). During the last 27 years the exports of Azerbaijan to Turkey have increased at an annualized rate of 21%, from $20.8M in 1995 to $3.57B in 2022.

In 2008, Azerbaijan exported services to Turkey worth $95.8M, with Transportation ($49.9M), Services not allocated ($29.7M), and Travel ($14.3M) being the largest in terms of value.

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $2.5B to Azerbaijan. The main products exported from Turkey to Azerbaijan were Iron Structures ($59.3M), Packaged Medicaments ($55.4M), and Refined Petroleum ($50.7M). During the last 27 years the exports of Turkey to Azerbaijan have increased at an annualized rate of 10.7%, from $161M in 1995 to $2.5B in 2022.

In 2022, Azerbaijan exported $3.57B to Turkey. The main products exported from Azerbaijan to Turkey were Petroleum Gas ($2.21B), Crude Petroleum ($502M), and Raw Cotton ($162M). During the last 27 years the exports of Azerbaijan to Turkey have increased at an annualized rate of 21%, from $20.8M in 1995 to $3.57B in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Azerbaijan (Flag)

Turkey Exports

Azerbaijan Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2021, countries that imported more from Turkey than Azerbaijan were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2021, countries that imported more from Azerbaijan than Turkey were Italy ($18.3B), Croatia ($990M), and Indonesia ($612M).

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

Comparative Advantage Turkey - Azerbaijan

Flow
Scale

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

During 2022, Turkey had a large net trade with Azerbaijan in the exports of Machines ($601M), Chemical Products ($340M), and Metals ($275M).

During 2022, Azerbaijan had a large net trade with Turkey in the exports of Mineral Products ($3B), Metals ($193M), and Textiles ($192M).

Service Trade

Bilateral Service Trade

In 2008, Azerbaijan exported services to Turkey worth $95.8M, with Transportation ($49.9M), Services not allocated ($29.7M), and Travel ($14.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Azerbaijan (Flag) to Turkey (Flag) (2008)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Azerbaijan. Similarly, the more yellow a dot/product is, the more Azerbaijan has comparative advantage over Turkey.

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

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