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Pricing

2022
Flag → Flag
Exports $70.4kRnk 103 / 141
2022
Flag → Flag
Top Product $56.3kCars
2022
Flag → Flag
Exports $6.33MRnk 100 / 185
2022
Flag → Flag
Top Product $2.54MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%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 Trade: In 2022, Azerbaijan exported $70.4k to Chile. The main products that Azerbaijan exported to Chile were Cars ($56.3k), Electric Batteries ($9.09k), and Other Rubber Products ($2.98k). Over the past 6 years the exports of Azerbaijan to Chile have increased at an annualized rate of 49.2%, from $6.38k in 2016 to $70.4k in 2022.

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

Chile-Azerbaijan Trade: 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). Over the past 6 years the exports of Chile to Azerbaijan have increased at an annualized rate of 24.3%,  from $2.14M in 2016 to $6.33M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), 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 6 years the exports of Azerbaijan to Chile have increased at an annualized rate of 49.2%, from $6.38k in 2016 to $70.4k in 2022.

In 2017, 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 5 years the exports of Chile to Azerbaijan have increased at an annualized rate of 24.3%, from $2.14M in 2022 to $6.33M in 2017.

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 DestinationItaly$18.3B
Chile
Top DestinationChina$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 2022, countries that imported more from Azerbaijan than Chile included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Chile than Azerbaijan included 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 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Chile+$200kCars
Top Product Potential Chile Azerbaijan+$446kOther Nuts

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

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

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