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2022
Flag → Flag
Exports $128MRnk 28 / 141
2022
Flag → Flag
Top Product $29.3MCars
2022
Flag → Flag
Exports $382MRnk 33 / 146
2022
Flag → Flag
Top Product $95.7MWheat
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
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Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
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GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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 GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH6.07%CURRENT US$
Rnk 150 / 186
2022
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GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
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GDP PC$11,244CURRENT US$
Rnk 73 / 186
2012-2022
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GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186

About

Azerbaijan-Kazakhstan Trade: In 2022, Azerbaijan exported $128M to Kazakhstan. The main products that Azerbaijan exported to Kazakhstan were Cars ($29.3M), Raw Sugar ($15.2M), and Special Purpose Ships ($13.5M). Over the past 5 years the exports of Azerbaijan to Kazakhstan have increased at an annualized rate of 26.4%, from $39.8M in 2017 to $128M in 2022.

In 2008, Azerbaijan exported services to Kazakhstan worth $51.8M, with Transportation ($26M), Services not allocated ($20.9M), and Travel ($4.9M) being the largest in terms of value.

Kazakhstan-Azerbaijan Trade: In 2022, Kazakhstan exported $382M to Azerbaijan. The main products that Kazakhstan exported to Azerbaijan were Wheat ($95.7M), Refined Petroleum ($84.8M), and Crude Petroleum ($74.8M). Over the past 5 years the exports of Kazakhstan to Azerbaijan have increased at an annualized rate of 23.1%,  from $135M in 2017 to $382M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $128M to Kazakhstan. The main products exported from Azerbaijan to Kazakhstan were Cars ($29.3M), Raw Sugar ($15.2M), and Special Purpose Ships ($13.5M). During the last 5 years the exports of Azerbaijan to Kazakhstan have increased at an annualized rate of 26.4%, from $39.8M in 2017 to $128M in 2022.

In 2017, Kazakhstan exported $382M to Azerbaijan. The main products exported from Kazakhstan to Azerbaijan were Wheat ($95.7M), Refined Petroleum ($84.8M), and Crude Petroleum ($74.8M). During the last 5 years the exports of Kazakhstan to Azerbaijan have increased at an annualized rate of 23.1%, from $135M in 2022 to $382M in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Kazakhstan (Flag)

Azerbaijan Exports

Kazakhstan Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Kazakhstan
Top DestinationChina$13.4B

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

In 2022, countries that imported more from Azerbaijan than Kazakhstan included Italy ($18.3B), Israel ($1.68B), and Portugal ($757M).

In 2022, countries that imported more from Kazakhstan than Azerbaijan included China ($13.4B), Russia ($8.78B), and United Kingdom ($8.01B).

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

Comparative Advantage Azerbaijan - Kazakhstan

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Kazakhstan in the exports of Transportation ($51.3M), Foodstuffs ($24.2M), and Metals ($13.3M).

During 2017, Kazakhstan had a large net trade with Azerbaijan in the exports of Mineral Products ($165M), Vegetable Products ($103M), and Metals ($40.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Kazakhstan+$2.01MRefined Petroleum
Top Product Potential Kazakhstan Azerbaijan+$19.6MCrude Petroleum

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 Kazakhstan. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Azerbaijan.

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

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