2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC 
$7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

In N/A, Azerbaijan did not export any services to Eritrea.

Eritrea-Azerbaijan Trade: In N/A, Eritrea exported $17.4k to Azerbaijan. The main products that Eritrea exported to Azerbaijan were Non-Knit Women's Suits ($14.7k), Non-Knit Men's Shirts ($1.55k), and Non-Knit Women's Shirts ($683). Over the past N/A years the exports of Eritrea to Azerbaijan have decreased at an annualized rate of 39.2%,  from $210k in N/A to $17.4k in N/A.

In N/A, Eritrea 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, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Azerbaijan does not register exports to Eritrea.

In 2018, Eritrea exported $17.4k to Azerbaijan. The main products exported from Eritrea to Azerbaijan were Non-Knit Women's Suits ($14.7k), Non-Knit Men's Shirts ($1.55k), and Non-Knit Women's Shirts ($683). During the last 5 years the exports of Eritrea to Azerbaijan have decreased at an annualized rate of 39.2%, from $210k in 2023 to $17.4k in 2018.

Exports from Azerbaijan (Flag) to Eritrea (Flag) (2023)

Exports from Eritrea (Flag) to Azerbaijan (Flag) (2023)

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Eritrea
Top Destination
China$355M

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

In 2023, countries that imported more from Azerbaijan than Eritrea included Italy ($11.4B), Turkey ($5.85B), and Israel ($1.4B).

In 2023, countries that imported more from Eritrea than Azerbaijan included China ($355M), Philippines ($23.8M), and United Arab Emirates ($137M).

Difference in imports from Eritrea (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - Eritrea

Flow
Scale

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

During 2018, Eritrea had a large net trade with Azerbaijan in the exports of Textiles ($17.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and Eritrea (Flag) (2023)

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