2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP
$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH
90.7%CURRENT US$
Rnk 20 / 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
$1,970CURRENT US$
Rnk 159 / 196
2013-2023
Flag
GDP PC GROWTH
55.2%CURRENT US$
Rnk 39 / 195

About

Azerbaijan-Kyrgyzstan Trade: In 2023, Azerbaijan exported $50.3M to Kyrgyzstan. The main products that Azerbaijan exported to Kyrgyzstan were Cars ($46M), Raw Sugar ($1.78M), and Nonaqueous Paints ($631k). Over the past 5 years the exports of Azerbaijan to Kyrgyzstan have increased at an annualized rate of 65.8%, from $4.02M in 2018 to $50.3M in 2023.

In 2008, Azerbaijan exported services to Kyrgyzstan worth $908k, with Travel ($446k), Transportation ($391k), and Services not allocated ($71k) being the largest in terms of value.

Kyrgyzstan-Azerbaijan Trade: In 2023, Kyrgyzstan exported $4.35M to Azerbaijan. The main products that Kyrgyzstan exported to Azerbaijan were Electric Filament ($1.3M), Other Nuts ($1.07M), and Dried Legumes ($582k). Over the past 5 years the exports of Kyrgyzstan to Azerbaijan have increased at an annualized rate of 15.8%,  from $2.09M in 2018 to $4.35M in 2023.

In 2009, Kyrgyzstan exported services to Azerbaijan worth $0, with being the largest in terms of value.

Comparison: In 2023,  Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $50.3M to Kyrgyzstan. The main products exported from Azerbaijan to Kyrgyzstan were Cars ($46M), Raw Sugar ($1.78M), and Nonaqueous Paints ($631k). During the last 5 years the exports of Azerbaijan to Kyrgyzstan have increased at an annualized rate of 65.8%, from $4.02M in 2018 to $50.3M in 2023.

In 2018, Kyrgyzstan exported $4.35M to Azerbaijan. The main products exported from Kyrgyzstan to Azerbaijan were Electric Filament ($1.3M), Other Nuts ($1.07M), and Dried Legumes ($582k). During the last 5 years the exports of Kyrgyzstan to Azerbaijan have increased at an annualized rate of 15.8%, from $2.09M in 2023 to $4.35M in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Kyrgyzstan (Flag)

Azerbaijan Exports

Kyrgyzstan Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Kyrgyzstan
Top Destination
Switzerland$1.18B

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

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

In 2023, countries that imported more from Kyrgyzstan than Azerbaijan included Switzerland ($1.18B), Kazakhstan ($559M), and United Arab Emirates ($415M).

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

Comparative Advantage Azerbaijan - Kyrgyzstan

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Kyrgyzstan in the exports of Transportation ($46.1M), Foodstuffs ($2.15M), and Chemical Products ($721k).

During 2018, Kyrgyzstan had a large net trade with Azerbaijan in the exports of Vegetable Products ($2M), Machines ($1.64M), and Foodstuffs ($204k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Kyrgyzstan+$382kCars
Top Product Potential Kyrgyzstan Azerbaijan+$607kRefined 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 Kyrgyzstan. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Kyrgyzstan. Similarly, a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over Azerbaijan.

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

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