2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Azerbaijan-Chile In 2022, Azerbaijan exported $70.4k to Chile. The main products that Azerbaijan exported to Chile are Cars ($56.3k), Electric Batteries ($9.09k), and Other Rubber Products ($2.98k). During the last 23 years the exports of Azerbaijan to Chile have decreased at an annualized rate of 17.1%, from $5.28M in 1999 to $70.4k in 2022.

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

Chile-Azerbaijan In 2022, Chile exported $6.33M to Azerbaijan. The main products that Chile exported to Azerbaijan were Non-fillet Frozen Fish ($2.54M), Nitrites and Nitrates ($2.12M), and Sowing Seeds ($582k). During the last 23 years the exports of Chile to Azerbaijan have increased at an annualized rate of 26.3%, from $29.6k in 1999 to $6.33M in 2022.

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

Comparison In 2022,  Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B). That same year, Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $70.4k to Chile. The main products exported from Azerbaijan to Chile were Cars ($56.3k), Electric Batteries ($9.09k), and Other Rubber Products ($2.98k). During the last 23 years the exports of Azerbaijan to Chile have decreased at an annualized rate of 17.1%, from $5.28M in 1999 to $70.4k in 2022.

In 2022, Chile exported $6.33M to Azerbaijan. The main products exported from Chile to Azerbaijan were Non-fillet Frozen Fish ($2.54M), Nitrites and Nitrates ($2.12M), and Sowing Seeds ($582k). During the last 25 years the exports of Chile to Azerbaijan have increased at an annualized rate of 26.3%, from $29.6k in 1997 to $6.33M in 2022.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Chile
Top Destination
China$38.5B

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

In 2021, countries that imported more from Azerbaijan than Chile were Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2021, countries that imported more from Chile than Azerbaijan were China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Azerbaijan - Chile

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Chile in the exports of Transportation ($58k), Machines ($9.4k), and Plastics and Rubbers ($2.98k).

During 2022, Chile had a large net trade with Azerbaijan in the exports of Animal Products ($2.54M), Chemical Products ($2.25M), and Vegetable Products ($1.23M).

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 Azerbaijan has comparative advantage over Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Azerbaijan.

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

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