2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC 
$7,126CURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

In N/A, Azerbaijan did not export any services to North Korea.

North Korea-Azerbaijan Trade: In N/A, North Korea exported $39.8k to Azerbaijan. The main products that North Korea exported to Azerbaijan were Other Office Machines ($30.8k), Beauty Products ($8.95k), and Rubber Belting ($86). Over the past N/A years the exports of North Korea to Azerbaijan have decreased at an annualized rate of 17.5%,  from $104k in N/A to $39.8k in N/A.

In N/A, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Azerbaijan does not register exports to North Korea.

In 2018, North Korea exported $39.8k to Azerbaijan. The main products exported from North Korea to Azerbaijan were Other Office Machines ($30.8k), Beauty Products ($8.95k), and Rubber Belting ($86). During the last 5 years the exports of North Korea to Azerbaijan have decreased at an annualized rate of 17.5%, from $104k in 2023 to $39.8k in 2018.

Exports from Azerbaijan (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Azerbaijan (Flag) (2023)

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
North Korea
Top Destination
China$292M

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

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

In 2023, countries that imported more from North Korea than Azerbaijan included China ($292M), Angola ($10.2M), and Senegal ($10.3M).

Difference in imports from North Korea (Flag) and Azerbaijan (Flag) (2023)

Comparative Advantage Azerbaijan - North Korea

Flow
Scale

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

During 2018, North Korea had a large net trade with Azerbaijan in the exports of Machines ($30.8k), Chemical Products ($8.95k), and Plastics and Rubbers ($86).

Economic Complexity

Competitive Landscape

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

Product Space of Azerbaijan (Flag) and North Korea (Flag) (2023)

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