NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $127MRnk 23 / 137
2023
Flag → Flag
Top Product $46.3MGold
2023
Flag → Flag
Exports $677MRnk 62 / 216
2023
Flag → Flag
Top Product $139MCars
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Azerbaijan-United Arab Emirates Trade: In 2023, Azerbaijan exported $127M to United Arab Emirates. The main products that Azerbaijan exported to United Arab Emirates were Gold ($46.3M), Cars ($44.1M), and Tractors ($7.37M). Over the past 5 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 40.2%, from $23.4M in 2018 to $127M in 2023.

In 2008, Azerbaijan exported services to United Arab Emirates worth $162M, with Transportation ($115M), Construction services ($31.6M), and Services not allocated ($14.1M) being the largest in terms of value.

United Arab Emirates-Azerbaijan Trade: In 2023, United Arab Emirates exported $677M to Azerbaijan. The main products that United Arab Emirates exported to Azerbaijan were Cars ($139M), Air Pumps ($37.3M), and Halogenated Hydrocarbons ($34.7M). Over the past 5 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 41.9%,  from $118M in 2018 to $677M in 2023.

In 2023, United Arab Emirates did not export any services to Azerbaijan.

Comparison: In 2023,  Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $127M to United Arab Emirates. The main products exported from Azerbaijan to United Arab Emirates were Gold ($46.3M), Cars ($44.1M), and Tractors ($7.37M). During the last 5 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 40.2%, from $23.4M in 2018 to $127M in 2023.

In 2018, United Arab Emirates exported $677M to Azerbaijan. The main products exported from United Arab Emirates to Azerbaijan were Cars ($139M), Air Pumps ($37.3M), and Halogenated Hydrocarbons ($34.7M). During the last 5 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 41.9%, from $118M in 2023 to $677M in 2018.

Exports from Azerbaijan (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Azerbaijan (Flag) (2023)

Latest Data

Trade between Azerbaijan (Flag) and United Arab Emirates (Flag)

Azerbaijan Exports

United Arab Emirates Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$11.4B
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Azerbaijan than United Arab Emirates included Italy ($11.4B), Greece ($1.27B), and Czechia ($1B).

In 2023, countries that imported more from United Arab Emirates than Azerbaijan included China ($40.2B), Japan ($37.4B), and India ($38.2B).

Difference in imports from United Arab Emirates (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - United Arab Emirates

Flow
Scale

This chart compares trade between Azerbaijan and United Arab Emirates by product, considering products traded by both, Azerbaijan and United Arab Emirates.

During 2023, Azerbaijan had a large net trade with United Arab Emirates in the exports of Transportation ($51.5M), Precious Metals ($47.3M), and Metals ($7.59M).

During 2018, United Arab Emirates had a large net trade with Azerbaijan in the exports of Transportation ($212M), Machines ($180M), and Chemical Products ($107M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan United Arab Emirates+$20.5MRefined Petroleum
Top Product Potential United Arab Emirates Azerbaijan+$11.2MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and United Arab Emirates (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms