Azerbaijan / Luxembourg

Azerbaijan-Luxembourg Trade: In 2022, Azerbaijan exported $80M to Luxembourg. The main products that Azerbaijan exported to Luxembourg were Refined Petroleum ($78.8M), Other Nuts ($744k), and Excavation Machinery ($67.3k). Over the past 5 years the exports of Azerbaijan to Luxembourg have increased at an annualized rate of 38.7%, from $15.6M in 2017 to $80M in 2022.

In 2008, Azerbaijan exported services to Luxembourg worth $119M, with Transportation ($118M) and Services not allocated ($1.3M) being the largest in terms of value.

Luxembourg-Azerbaijan Trade: In 2022, Luxembourg exported $19M to Azerbaijan. The main products that Luxembourg exported to Azerbaijan were Aircraft Parts ($12.6M), Cellulose Fibers Paper ($884k), and Non-fillet Frozen Fish ($465k). Over the past 5 years the exports of Luxembourg to Azerbaijan have increased at an annualized rate of 38.6%,  from $3.71M in 2017 to $19M in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.