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2022
Flag → Flag
Exports $133MRnk 26 / 141
2022
Flag → Flag
Top Product $61.1MCrude Petroleum
2022
Flag → Flag
Exports $160MRnk 107 / 224
2022
Flag → Flag
Top Product $21.3MTractors
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Azerbaijan-Netherlands Trade: In 2022, Azerbaijan exported $133M to Netherlands. The main products that Azerbaijan exported to Netherlands were Crude Petroleum ($61.1M), Acyclic Alcohols ($44.4M), and Petroleum Resins ($14.5M). Over the past 5 years the exports of Azerbaijan to Netherlands have increased at an annualized rate of 8.78%, from $87.3M in 2017 to $133M in 2022.

In 2008, Azerbaijan exported services to Netherlands worth $5.75M, with Services not allocated ($3.58M), Travel ($919k), and Transportation ($823k) being the largest in terms of value.

Netherlands-Azerbaijan Trade: In 2022, Netherlands exported $160M to Azerbaijan. The main products that Netherlands exported to Azerbaijan were Tractors ($21.3M), Broadcasting Equipment ($6.99M), and Sowing Seeds ($5.94M). Over the past 5 years the exports of Netherlands to Azerbaijan have increased at an annualized rate of 0.66%,  from $152M in 2017 to $160M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $133M to Netherlands. The main products exported from Azerbaijan to Netherlands were Crude Petroleum ($61.1M), Acyclic Alcohols ($44.4M), and Petroleum Resins ($14.5M). During the last 5 years the exports of Azerbaijan to Netherlands have increased at an annualized rate of 8.78%, from $87.3M in 2017 to $133M in 2022.

In 2017, Netherlands exported $160M to Azerbaijan. The main products exported from Netherlands to Azerbaijan were Tractors ($21.3M), Broadcasting Equipment ($6.99M), and Sowing Seeds ($5.94M). During the last 5 years the exports of Netherlands to Azerbaijan have increased at an annualized rate of 0.66%, from $152M in 2022 to $160M in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Netherlands (Flag)

Azerbaijan Exports

Netherlands Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Azerbaijan than Netherlands included Georgia ($645M) and Tunisia ($502M).

In 2022, countries that imported more from Netherlands than Azerbaijan included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Azerbaijan - Netherlands

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Netherlands in the exports of Mineral Products ($61.2M), Chemical Products ($44.5M), and Plastics and Rubbers ($14.6M).

During 2017, Netherlands had a large net trade with Azerbaijan in the exports of Machines ($48M), Transportation ($29.3M), and Chemical Products ($18.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Netherlands+$128MCrude Petroleum
Top Product Potential Netherlands Azerbaijan+$15.2MRefined 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 Netherlands. This means that a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Azerbaijan.

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

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