2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
Rnk 34 / 186

About

Azerbaijan-Malta Trade: In 2022, Azerbaijan exported $20.6M to Malta. The main products that Azerbaijan exported to Malta were Refined Petroleum ($20.6M), Computers ($1.03k), and Knit Women's Shirts ($52). Over the past 5 years the exports of Azerbaijan to Malta have decreased at an annualized rate of 11%, from $36.9M in 2017 to $20.6M in 2022.

In 2022, Azerbaijan did not export any services to Malta.

Malta-Azerbaijan Trade: In 2022, Malta exported $175k to Azerbaijan. The main products that Malta exported to Azerbaijan were Packaged Medicaments ($90.5k), Other Iron Products ($11.3k), and Electrical Control Boards ($9.94k). Over the past 5 years the exports of Malta to Azerbaijan have increased at an annualized rate of 12.5%,  from $96.9k in 2017 to $175k in 2022.

In 2022, Malta 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, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $20.6M to Malta. The main products exported from Azerbaijan to Malta were Refined Petroleum ($20.6M), Computers ($1.03k), and Knit Women's Shirts ($52). During the last 5 years the exports of Azerbaijan to Malta have decreased at an annualized rate of 11%, from $36.9M in 2017 to $20.6M in 2022.

In 2017, Malta exported $175k to Azerbaijan. The main products exported from Malta to Azerbaijan were Packaged Medicaments ($90.5k), Other Iron Products ($11.3k), and Electrical Control Boards ($9.94k). During the last 5 years the exports of Malta to Azerbaijan have increased at an annualized rate of 12.5%, from $96.9k in 2022 to $175k in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Malta (Flag)

Azerbaijan Exports

Malta Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Malta
Top Destination
Germany$576M

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

In 2022, countries that imported more from Azerbaijan than Malta included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Malta than Azerbaijan included Singapore ($239M), Japan ($249M), and France ($302M).

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

Comparative Advantage Azerbaijan - Malta

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Malta in the exports of Mineral Products ($20.6M), Machines ($1.03k), and Textiles ($127).

During 2017, Malta had a large net trade with Azerbaijan in the exports of Chemical Products ($90.5k), Machines ($44.6k), and Metals ($11.3k).

Economic Complexity

Competitive Landscape

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

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

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