Azerbaijan (AZE) and Bahrain (BHR) Trade | The Observatory of Economic Complexity

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Azerbaijan-Bahrain Trade: In 2022, Azerbaijan exported $1.47M to Bahrain. The main products that Azerbaijan exported to Bahrain were Refined Petroleum ($593k), Raw Aluminium ($366k), and Chocolate ($214k). Over the past 5 years the exports of Azerbaijan to Bahrain have increased at an annualized rate of 28.3%, from $423k in 2017 to $1.47M in 2022.

In 2008, Azerbaijan exported services to Bahrain worth $1.21M, with Services not allocated ($1.21M) being the largest in terms of value.

Bahrain-Azerbaijan Trade: In 2022, Bahrain exported $1.54M to Azerbaijan. The main products that Bahrain exported to Azerbaijan were Prepared Rubber Accelerators ($1.43M), Perfumes ($24.4k), and Iron Cloth ($21.6k). Over the past 5 years the exports of Bahrain to Azerbaijan have increased at an annualized rate of 53.3%, from $183k in 2017 to $1.54M in 2022.

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

Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Bahrain ranked 77 in total exports ($20.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $1.47M to Bahrain. The main products exported from Azerbaijan to Bahrain were Refined Petroleum ($593k), Raw Aluminium ($366k), and Chocolate ($214k). During the last 5 years the exports of Azerbaijan to Bahrain have increased at an annualized rate of 28.3%, from $423k in 2017 to $1.47M in 2022.

In 2017, Bahrain exported $1.54M to Azerbaijan. The main products exported from Bahrain to Azerbaijan were Prepared Rubber Accelerators ($1.43M), Perfumes ($24.4k), and Iron Cloth ($21.6k). During the last 5 years the exports of Bahrain to Azerbaijan have increased at an annualized rate of 53.3%, from $183k in 2022 to $1.54M in 2017.

Exports from Azerbaijan () to Bahrain () (2022)

Exports from Bahrain () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Bahrain ()

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Bahrain
Top DestinationSaudi Arabia$3.03B

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

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

In 2022, countries that imported more from Bahrain than Azerbaijan included Saudi Arabia ($3.03B), United Arab Emirates ($2.07B), and United States ($1.83B).

Difference in imports from Bahrain () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Bahrain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Bahrain in the exports of Mineral Products ($593k), Metals ($366k), and Vegetable Products ($289k).

During 2017, Bahrain had a large net trade with Azerbaijan in the exports of Chemical Products ($1.46M), Metals ($50.6k), and Mineral Products ($21k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Bahrain () (2022)

Exports from Bahrain () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Bahrain ()

Azerbaijan Exports

Market Competitiveness

Difference in imports from Bahrain () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Bahrain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Bahrain () (2022)

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