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2023
Flag → Flag
Exports $130MRnk 22 / 137
2023
Flag → Flag
Top Product $119MCrude Petroleum
2023
Flag → Flag
Exports $293MRnk 93 / 219
2023
Flag → Flag
Top Product $77.4MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC $7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195
2023
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GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
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GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

Azerbaijan-France Trade: In 2023, Azerbaijan exported $130M to France. The main products that Azerbaijan exported to France were Crude Petroleum ($119M), Other Heating Machinery ($2.26M), and Prepared Rubber Accelerators ($2.14M). Over the past 5 years the exports of Azerbaijan to France have decreased at an annualized rate of 24.6%, from $535M in 2018 to $130M in 2023.

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 2023, France exported $293M to Azerbaijan. The main products that France exported to Azerbaijan were Planes, Helicopters, and/or Spacecraft ($77.4M), Packaged Medicaments ($23.1M), and Scented Mixtures ($21.7M). Over the past 5 years the exports of France to Azerbaijan have increased at an annualized rate of 10.9%,  from $174M in 2018 to $293M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $130M to France. The main products exported from Azerbaijan to France were Crude Petroleum ($119M), Other Heating Machinery ($2.26M), and Prepared Rubber Accelerators ($2.14M). During the last 5 years the exports of Azerbaijan to France have decreased at an annualized rate of 24.6%, from $535M in 2018 to $130M in 2023.

In 2018, France exported $293M to Azerbaijan. The main products exported from France to Azerbaijan were Planes, Helicopters, and/or Spacecraft ($77.4M), Packaged Medicaments ($23.1M), and Scented Mixtures ($21.7M). During the last 5 years the exports of France to Azerbaijan have increased at an annualized rate of 10.9%, from $174M in 2023 to $293M in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and France (Flag)

Azerbaijan Exports

France Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$11.4B
France
Top DestinationGermany$72.8B

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 2023, countries that imported more from Azerbaijan than France included Georgia ($654M) and Turkmenistan ($86.1M).

In 2023, countries that imported more from France than Azerbaijan included Germany ($72.8B), United States ($51.2B), and Belgium ($49.2B).

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

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 2023, Azerbaijan had a large net trade with France in the exports of Mineral Products ($119M), Machines ($5.31M), and Chemical Products ($3.06M).

During 2018, France had a large net trade with Azerbaijan in the exports of Chemical Products ($108M), Transportation ($93.4M), and Machines ($36.9M).

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) (2023)

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