2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186

About

Azerbaijan-France Trade: In 2022, Azerbaijan exported $70M to France. The main products that Azerbaijan exported to France were Crude Petroleum ($61.6M), Thermostats ($1.07M), and Aircraft Parts ($786k). Over the past 5 years the exports of Azerbaijan to France have decreased at an annualized rate of 31.8%, from $475M in 2017 to $70M in 2022.

In 2008, Azerbaijan exported services to France worth $41M, with Construction services ($26.1M), Transportation ($7.89M), and Services not allocated ($6.31M) being the largest in terms of value.

France-Azerbaijan Trade: In 2022, France exported $336M to Azerbaijan. The main products that France exported to Azerbaijan were Planes, Helicopters, and/or Spacecraft ($156M), Scented Mixtures ($19.2M), and Packaged Medicaments ($18.4M). Over the past 5 years the exports of France to Azerbaijan have increased at an annualized rate of 7.68%,  from $128M in 2017 to $336M in 2022.

In 2022, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $70M to France. The main products exported from Azerbaijan to France were Crude Petroleum ($61.6M), Thermostats ($1.07M), and Aircraft Parts ($786k). During the last 5 years the exports of Azerbaijan to France have decreased at an annualized rate of 31.8%, from $475M in 2017 to $70M in 2022.

In 2017, France exported $336M to Azerbaijan. The main products exported from France to Azerbaijan were Planes, Helicopters, and/or Spacecraft ($156M), Scented Mixtures ($19.2M), and Packaged Medicaments ($18.4M). During the last 5 years the exports of France to Azerbaijan have increased at an annualized rate of 7.68%, from $128M in 2022 to $336M in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and France (Flag)

Azerbaijan Exports

France Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
France
Top Destination
Germany$78.3B

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

In 2022, countries that imported more from Azerbaijan than France included Georgia ($645M) and Croatia ($990M).

In 2022, countries that imported more from France than Azerbaijan included Germany ($78.3B), United States ($50B), and Belgium ($47.8B).

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

Comparative Advantage Azerbaijan - France

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with France in the exports of Mineral Products ($61.6M), Machines ($4.12M), and Instruments ($1.45M).

During 2017, France had a large net trade with Azerbaijan in the exports of Transportation ($167M), Chemical Products ($86.6M), and Machines ($35.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan France+$195MCrude Petroleum
Top Product Potential France Azerbaijan+$17.6MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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