Azerbaijan (AZE) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Azerbaijan-Philippines Trade: In 2023, Azerbaijan exported $871 to Philippines. The main products that Azerbaijan exported to Philippines were Air Pumps ($871). Over the past 6 years the exports of Azerbaijan to Philippines have decreased at an annualized rate of 42%, from $22.9k in 2017 to $871 in 2023.

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

Philippines-Azerbaijan Trade: In 2023, Philippines exported $8M to Azerbaijan. The main products that Philippines exported to Azerbaijan were Passenger and Cargo Ships ($2.57M), Office Machine Parts ($2.17M), and Shaving Products ($358k). Over the past 6 years the exports of Philippines to Azerbaijan have increased at an annualized rate of 15.7%, from $2.88M in 2017 to $8M in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Azerbaijan exported $871 to Philippines. The main products exported from Azerbaijan to Philippines were Air Pumps ($871). During the last 6 years the exports of Azerbaijan to Philippines have decreased at an annualized rate of 42%, from $22.9k in 2017 to $871 in 2023.

In 2018, Philippines exported $8M to Azerbaijan. The main products exported from Philippines to Azerbaijan were Passenger and Cargo Ships ($2.57M), Office Machine Parts ($2.17M), and Shaving Products ($358k). During the last 5 years the exports of Philippines to Azerbaijan have increased at an annualized rate of 15.7%, from $2.88M in 2023 to $8M in 2018.

Exports from Azerbaijan () to Philippines () (2023)

Exports from Philippines () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Philippines ()

Azerbaijan Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$11.4B

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Azerbaijan than Philippines included Italy ($11.4B), Turkey ($5.85B), and Greece ($1.27B).

In 2023, countries that imported more from Philippines than Azerbaijan included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

Difference in imports from Philippines () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Azerbaijan had a large net trade with Philippines in the exports of Machines ($871).

During 2018, Philippines had a large net trade with Azerbaijan in the exports of Machines ($3.83M), Transportation ($2.74M), and Chemical Products ($434k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Philippines+$202kRefined Petroleum

Top Product Potential Philippines Azerbaijan+$1.21MIndustrial Printers

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Philippines () (2023)

Exports from Philippines () to Azerbaijan () (2023)

Latest Data

Trade between Azerbaijan () and Philippines ()

Azerbaijan Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Azerbaijan () (2023)

Comparative Advantage Azerbaijan - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Philippines () (2023)

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