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

Azerbaijan-Gibraltar Trade: In 2021, Azerbaijan exported $59.6M to Gibraltar. The main products that Azerbaijan exported to Gibraltar were N/A. Over the past 7 years the exports of Azerbaijan to Gibraltar have decreased at an annualized rate of 1.13%, from $64.5M in 2014 to $59.6M in 2021.

In 2021, Azerbaijan did not export any services to Gibraltar.

Gibraltar-Azerbaijan Trade: In 2021, Gibraltar exported $39 to Azerbaijan. The main products that Gibraltar exported to Azerbaijan were Iron Fasteners ($39). Over the past 7 years the exports of Gibraltar to Azerbaijan have increased at an annualized rate of 2.32%,  from $31 in 2014 to $39 in 2021.

In 2021, Gibraltar 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, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Azerbaijan exported $59.6M to Gibraltar. There were not main exports from Azerbaijan to Gibraltar in 2021. During the last 7 years the exports of Azerbaijan to Gibraltar have decreased at an annualized rate of 1.13%, from $64.5M in 2014 to $59.6M in 2021.

In 2018, Gibraltar exported $39 to Azerbaijan. The main products exported from Gibraltar to Azerbaijan were Iron Fasteners ($39). During the last 5 years the exports of Gibraltar to Azerbaijan have increased at an annualized rate of 2.32%, from $31 in 2023 to $39 in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Gibraltar (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Gibraltar
Top Destination
Netherlands$113M

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

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

In 2023, countries that imported more from Gibraltar than Azerbaijan included Netherlands ($113M), Sweden ($19.1M), and Ghana ($1.3M).

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

Comparative Advantage Azerbaijan - Gibraltar

Flow
Scale

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

During 2021, Azerbaijan had a large net trade with Gibraltar in the exports of .

During 2018, Gibraltar had a large net trade with Azerbaijan in the exports of Metals ($39).

Economic Complexity

Competitive Landscape

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

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

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