Azerbaijan-Germany Trade: In 2023, Azerbaijan exported $839M to Germany. The main products that Azerbaijan exported to Germany were Crude Petroleum ($802M), Other Nuts ($23.2M), and Cars ($3.09M). Over the past 5 years the exports of Azerbaijan to Germany have increased at an annualized rate of 1.15%, from $792M in 2018 to $839M in 2023.
In 2008, Azerbaijan exported services to Germany worth $35.4M, with Services not allocated ($12.8M), Transportation ($10.4M), and Travel ($7.17M) being the largest in terms of value.
Germany-Azerbaijan Trade: In 2023, Germany exported $754M to Azerbaijan. The main products that Germany exported to Azerbaijan were Cars ($203M), Packaged Medicaments ($42.5M), and Refined Petroleum ($30.7M). Over the past 5 years the exports of Germany to Azerbaijan have increased at an annualized rate of 3.14%, from $646M in 2018 to $754M in 2023.
In 2023, Germany did not export any services to Azerbaijan.
Comparison: In 2023, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).