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Pricing

2023
Flag → Flag
Exports $8.2MRnk 56 / 137
2023
Flag → Flag
Top Product $5.86MNitrogenous Fertilizers
2023
Flag → Flag
Exports $20.6MRnk 98 / 205
2023
Flag → Flag
Top Product $3.02MPotatoes
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 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$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Azerbaijan-Pakistan Trade: In 2023, Azerbaijan exported $8.2M to Pakistan. The main products that Azerbaijan exported to Pakistan were Nitrogenous Fertilizers ($5.86M), Raw Lead ($1.3M), and Refined Petroleum ($932k). Over the past 5 years the exports of Azerbaijan to Pakistan have increased at an annualized rate of 37.5%, from $1.67M in 2018 to $8.2M in 2023.

In 2008, Azerbaijan exported services to Pakistan worth $740k, with Travel ($740k) being the largest in terms of value.

Pakistan-Azerbaijan Trade: In 2023, Pakistan exported $20.6M to Azerbaijan. The main products that Pakistan exported to Azerbaijan were Potatoes ($3.02M), Liquid Pumps ($2.49M), and Light Synthetic Cotton Fabrics ($2.33M). Over the past 5 years the exports of Pakistan to Azerbaijan have increased at an annualized rate of 6.46%,  from $15M in 2018 to $20.6M in 2023.

In 2023, Pakistan did not export any services to Azerbaijan.

Comparison: In 2023,  Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $8.2M to Pakistan. The main products exported from Azerbaijan to Pakistan were Nitrogenous Fertilizers ($5.86M), Raw Lead ($1.3M), and Refined Petroleum ($932k). During the last 5 years the exports of Azerbaijan to Pakistan have increased at an annualized rate of 37.5%, from $1.67M in 2018 to $8.2M in 2023.

In 2018, Pakistan exported $20.6M to Azerbaijan. The main products exported from Pakistan to Azerbaijan were Potatoes ($3.02M), Liquid Pumps ($2.49M), and Light Synthetic Cotton Fabrics ($2.33M). During the last 5 years the exports of Pakistan to Azerbaijan have increased at an annualized rate of 6.46%, from $15M in 2023 to $20.6M in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Pakistan (Flag)

Azerbaijan Exports

Pakistan Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$11.4B
Pakistan
Top DestinationUnited States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Azerbaijan included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

Comparative Advantage Azerbaijan - Pakistan

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Pakistan in the exports of Chemical Products ($5.86M), Metals ($1.3M), and Mineral Products ($932k).

During 2018, Pakistan had a large net trade with Azerbaijan in the exports of Textiles ($8.16M), Vegetable Products ($5.67M), and Machines ($2.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Pakistan+$4.46MPetroleum Gas
Top Product Potential Pakistan Azerbaijan+$2.32MRice

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

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

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