2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 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
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 186

About

Azerbaijan-Palestine Trade: In 2022, Azerbaijan exported $214k to Palestine. The main products that Azerbaijan exported to Palestine were Chocolate ($166k), Baked Goods ($47.3k), and Confectionery Sugar ($259). Over the past 6 years the exports of Azerbaijan to Palestine have increased at an annualized rate of 7.89%, from $136k in 2016 to $214k in 2022.

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

Palestine-Azerbaijan Trade: In 2022, Palestine exported $230k to Azerbaijan. The main products that Palestine exported to Azerbaijan were Tropical Fruits ($160k), Packaged Medicaments ($67.4k), and Cut Flowers ($1.54k). Over the past 6 years the exports of Palestine to Azerbaijan have decreased at an annualized rate of 2.35%,  from $259k in 2016 to $230k in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $214k to Palestine. The main products exported from Azerbaijan to Palestine were Chocolate ($166k), Baked Goods ($47.3k), and Confectionery Sugar ($259). During the last 6 years the exports of Azerbaijan to Palestine have increased at an annualized rate of 7.89%, from $136k in 2016 to $214k in 2022.

In 2017, Palestine exported $230k to Azerbaijan. The main products exported from Palestine to Azerbaijan were Tropical Fruits ($160k), Packaged Medicaments ($67.4k), and Cut Flowers ($1.54k). During the last 5 years the exports of Palestine to Azerbaijan have decreased at an annualized rate of 2.35%, from $259k in 2022 to $230k in 2017.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Palestine (Flag)

Azerbaijan Exports

Palestine Exports

Date

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Palestine
Top Destination
Israel$1.3B

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

In 2022, countries that imported more from Azerbaijan than Palestine included Italy ($18.3B), Turkey ($3.57B), and India ($1.64B).

In 2022, countries that imported more from Palestine than Azerbaijan included Jordan ($159M), Kuwait ($14.5M), and Saudi Arabia ($13.5M).

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

Comparative Advantage Azerbaijan - Palestine

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Palestine in the exports of Foodstuffs ($214k) and Textiles ($116).

During 2017, Palestine had a large net trade with Azerbaijan in the exports of Vegetable Products ($161k), Chemical Products ($67.4k), and Footwear and Headwear ($1.19k).

Economic Complexity

Competitive Landscape

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

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

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