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2022
Flag → Flag
Exports $33.5kRnk 110 / 141
2022
Flag → Flag
Top Product $14.1kExcavation Machinery
2022
Flag → Flag
Exports $5.77MRnk 95 / 187
2022
Flag → Flag
Top Product $5.11MPalm Oil
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
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GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
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GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
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GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Azerbaijan-Colombia In 2022, Azerbaijan exported $33.5k to Colombia. The main products that Azerbaijan exported to Colombia are Excavation Machinery ($14.1k), Machinery Having Individual Functions ($5.72k), and Other Hand Tools ($3.87k). During the last 27 years the exports of Azerbaijan to Colombia have decreased at an annualized rate of 3.37%, from $84.6k in 1995 to $33.5k in 2022.

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

Colombia-Azerbaijan In 2022, Colombia exported $5.77M to Azerbaijan. The main products that Colombia exported to Azerbaijan were Palm Oil ($5.11M), Cut Flowers ($172k), and Coffee ($151k). During the last 27 years the exports of Colombia to Azerbaijan have increased at an annualized rate of 15%, from $133k in 1995 to $5.77M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $33.5k to Colombia. The main products exported from Azerbaijan to Colombia were Excavation Machinery ($14.1k), Machinery Having Individual Functions ($5.72k), and Other Hand Tools ($3.87k). During the last 27 years the exports of Azerbaijan to Colombia have decreased at an annualized rate of 3.37%, from $84.6k in 1995 to $33.5k in 2022.

In 2022, Colombia exported $5.77M to Azerbaijan. The main products exported from Colombia to Azerbaijan were Palm Oil ($5.11M), Cut Flowers ($172k), and Coffee ($151k). During the last 25 years the exports of Colombia to Azerbaijan have increased at an annualized rate of 15%, from $133k in 1997 to $5.77M in 2022.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Colombia (Flag)

Azerbaijan Exports

Colombia Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Colombia
Top DestinationUnited States$15.6B

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

In 2021, countries that imported more from Azerbaijan than Colombia were Italy ($18.3B), Greece ($1.51B), and Turkey ($3.57B).

In 2021, countries that imported more from Colombia than Azerbaijan were United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Azerbaijan - Colombia

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Colombia in the exports of Machines ($24.6k), Metals ($4.68k), and Textiles ($1.86k).

During 2022, Colombia had a large net trade with Azerbaijan in the exports of Animal and Vegetable Bi-Products ($5.11M), Vegetable Products ($427k), and Chemical Products ($113k).

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

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

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