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2023
Flag → Flag
Exports $754MRnk 10 / 137
2023
Flag → Flag
Top Product $753MCrude Petroleum
2023
Flag → Flag
Exports $5.63MRnk 86 / 191
2023
Flag → Flag
Top Product $1.95MMachinery Having Individual Functions
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 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$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 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
Flag
GDP PC$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195

About

Azerbaijan-Croatia Trade: In 2023, Azerbaijan exported $754M to Croatia. The main products that Azerbaijan exported to Croatia were Crude Petroleum ($753M), Aluminium Bars ($155k), and Other Women's Undergarments ($36.6k). Over the past 5 years the exports of Azerbaijan to Croatia have increased at an annualized rate of 13.5%, from $401M in 2018 to $754M in 2023.

In 2023, Azerbaijan did not export any services to Croatia.

Croatia-Azerbaijan Trade: In 2023, Croatia exported $5.63M to Azerbaijan. The main products that Croatia exported to Azerbaijan were Machinery Having Individual Functions ($1.95M), Shaving Products ($660k), and Other Animals ($368k). Over the past 5 years the exports of Croatia to Azerbaijan have increased at an annualized rate of 24.9%,  from $1.85M in 2018 to $5.63M in 2023.

In 2023, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $754M to Croatia. The main products exported from Azerbaijan to Croatia were Crude Petroleum ($753M), Aluminium Bars ($155k), and Other Women's Undergarments ($36.6k). During the last 5 years the exports of Azerbaijan to Croatia have increased at an annualized rate of 13.5%, from $401M in 2018 to $754M in 2023.

In 2018, Croatia exported $5.63M to Azerbaijan. The main products exported from Croatia to Azerbaijan were Machinery Having Individual Functions ($1.95M), Shaving Products ($660k), and Other Animals ($368k). During the last 5 years the exports of Croatia to Azerbaijan have increased at an annualized rate of 24.9%, from $1.85M in 2023 to $5.63M in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Croatia (Flag)

Azerbaijan Exports

Croatia Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$11.4B
Croatia
Top DestinationItaly$3.05B

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

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

In 2023, countries that imported more from Croatia than Azerbaijan included Slovenia ($2.45B), Germany ($2.58B), and Bosnia and Herzegovina ($1.3B).

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

Comparative Advantage Azerbaijan - Croatia

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Croatia in the exports of Mineral Products ($753M), Metals ($155k), and Textiles ($134k).

During 2018, Croatia had a large net trade with Azerbaijan in the exports of Machines ($3.26M), Chemical Products ($984k), and Animal Products ($368k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Croatia+$16.1kPetroleum Gas
Top Product Potential Croatia Azerbaijan+$679kPackaged 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 Croatia. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over Azerbaijan.

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

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