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2023
Flag → Flag
Exports $211kRnk 90 / 137
2023
Flag → Flag
Top Product $111kChocolate
2023
Flag → Flag
Exports $442kRnk 25 / 76
2023
Flag → Flag
Top Product $300kTropical Fruits
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 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$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 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$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195

About

Azerbaijan-Palestine Trade: In 2023, Azerbaijan exported $211k to Palestine. The main products that Azerbaijan exported to Palestine were Chocolate ($111k), Insulated Wire ($50.7k), and Baked Goods ($48.9k). Over the past 6 years the exports of Azerbaijan to Palestine have increased at an annualized rate of 21.6%, from $65.2k in 2017 to $211k in 2023.

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

Palestine-Azerbaijan Trade: In 2023, Palestine exported $442k to Azerbaijan. The main products that Palestine exported to Azerbaijan were Tropical Fruits ($300k), Packaged Medicaments ($142k), and Electrical Power Accessories ($47). Over the past 6 years the exports of Palestine to Azerbaijan have increased at an annualized rate of 8.92%,  from $205k in 2017 to $442k in 2023.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $211k to Palestine. The main products exported from Azerbaijan to Palestine were Chocolate ($111k), Insulated Wire ($50.7k), and Baked Goods ($48.9k). During the last 6 years the exports of Azerbaijan to Palestine have increased at an annualized rate of 21.6%, from $65.2k in 2017 to $211k in 2023.

In 2018, Palestine exported $442k to Azerbaijan. The main products exported from Palestine to Azerbaijan were Tropical Fruits ($300k), Packaged Medicaments ($142k), and Electrical Power Accessories ($47). During the last 5 years the exports of Palestine to Azerbaijan have increased at an annualized rate of 8.92%, from $205k in 2023 to $442k in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Palestine (Flag)

Azerbaijan Exports

Palestine Exports

Date

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$11.4B
Palestine
Top DestinationJordan$96.6M

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

In 2023, countries that imported more from Palestine than Azerbaijan included Jordan ($96.6M), Saudi Arabia ($8.53M), and Kuwait ($3.53M).

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

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 2023, Azerbaijan had a large net trade with Palestine in the exports of Foodstuffs ($160k) and Machines ($50.7k).

During 2018, Palestine had a large net trade with Azerbaijan in the exports of Vegetable Products ($300k), Chemical Products ($142k), and Machines ($116).

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) (2023)

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