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2022
Flag → Flag
Exports $13.5kRnk 118 / 141
2022
Flag → Flag
Top Product $13.5kRefined Petroleum
2022
Flag → Flag
Exports $133kRnk 172 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Azerbaijan-Cayman Islands Trade: In 2022, Azerbaijan exported $13.5k to Cayman Islands. The main products that Azerbaijan exported to Cayman Islands were Refined Petroleum ($13.5k). Over the past 8 years the exports of Azerbaijan to Cayman Islands have decreased at an annualized rate of 6.31%, from $22.7k in 2014 to $13.5k in 2022.

In 2022, Azerbaijan did not export any services to Cayman Islands.

Cayman Islands-Azerbaijan Trade: In 2022, Cayman Islands exported $133k to Azerbaijan. The main products that Cayman Islands exported to Azerbaijan were N/A. Over the past 8 years the exports of Cayman Islands to Azerbaijan have increased at an annualized rate of 39.8%,  from $24.9k in 2014 to $133k in 2022.

In 2022, Cayman Islands 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, Cayman Islands ranked 165 in total exports ($737M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $13.5k to Cayman Islands. The main products exported from Azerbaijan to Cayman Islands were Refined Petroleum ($13.5k). During the last 8 years the exports of Azerbaijan to Cayman Islands have decreased at an annualized rate of 6.31%, from $22.7k in 2014 to $13.5k in 2022.

In 2016, Cayman Islands exported $133k to Azerbaijan. There were not main exports from Cayman Islands to Azerbaijan in 2016. During the last 5 years the exports of Cayman Islands to Azerbaijan have increased at an annualized rate of 39.8%, from $24.9k in 2021 to $133k in 2016.

Exports from Azerbaijan (Flag) to Cayman Islands (Flag) (2022)

Exports from Cayman Islands (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and Cayman Islands (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Cayman Islands
Top DestinationMalta$218M

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

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

In 2022, countries that imported more from Cayman Islands than Azerbaijan included Malta ($218M), Seychelles ($121M), and Norway ($163M).

Difference in imports from Cayman Islands (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Cayman Islands

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Cayman Islands in the exports of Mineral Products ($13.5k).

During 2016, Cayman Islands had a large net trade with Azerbaijan in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and Cayman Islands (Flag) (2022)

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