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2022
Flag → Flag
Exports $13.3kRnk 119 / 141
2022
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Top Product $12.6kSurveying Equipment
2022
Flag → Flag
Exports $6.51MRnk 89 / 170
2022
Flag → Flag
Top Product $4.3MBananas
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
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Economic Complexity (ECI) ECI -0.96Rnk 109 / 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$115BCURRENT US$
Rnk 62 / 186
2012-2022
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GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Azerbaijan-Ecuador In 2022, Azerbaijan exported $13.3k to Ecuador. The main products that Azerbaijan exported to Ecuador are Surveying Equipment ($12.6k) and Gas and Liquid Flow Measuring Instruments ($715). During the last 26 years the exports of Azerbaijan to Ecuador have decreased at an annualized rate of 0.11%, from $13.7k in 1996 to $13.3k in 2022.

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

Ecuador-Azerbaijan In 2022, Ecuador exported $6.51M to Azerbaijan. The main products that Ecuador exported to Azerbaijan were Bananas ($4.3M), Cut Flowers ($2.03M), and Plant foliage ($51.4k). During the last 26 years the exports of Ecuador to Azerbaijan have increased at an annualized rate of 22.8%, from $31.5k in 1996 to $6.51M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $13.3k to Ecuador. The main products exported from Azerbaijan to Ecuador were Surveying Equipment ($12.6k) and Gas and Liquid Flow Measuring Instruments ($715). During the last 26 years the exports of Azerbaijan to Ecuador have decreased at an annualized rate of 0.11%, from $13.7k in 1996 to $13.3k in 2022.

In 2022, Ecuador exported $6.51M to Azerbaijan. The main products exported from Ecuador to Azerbaijan were Bananas ($4.3M), Cut Flowers ($2.03M), and Plant foliage ($51.4k). During the last 26 years the exports of Ecuador to Azerbaijan have increased at an annualized rate of 22.8%, from $31.5k in 1996 to $6.51M in 2022.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Ecuador (Flag)

Azerbaijan Exports

Ecuador Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Ecuador
Top DestinationUnited States$9.86B

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

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

In 2021, countries that imported more from Ecuador than Azerbaijan were United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Azerbaijan - Ecuador

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Ecuador in the exports of Instruments ($13.3k).

During 2022, Ecuador had a large net trade with Azerbaijan in the exports of Vegetable Products ($6.4M), Machines ($61.3k), and Animal Products ($34.1k).

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

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

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