2023
Flag  
GDP
$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP GROWTH
-2.43%CURRENT US$
Rnk 173 / 195
2023
Flag
 GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 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
$3,978CURRENT US$
Rnk 131 / 196
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195

About

Azerbaijan-Tunisia Trade: In 2023, Azerbaijan exported $119M to Tunisia. The main products that Azerbaijan exported to Tunisia were Crude Petroleum ($111M), Petroleum Resins ($8.2M), and Iron Pipes ($76.1k). Over the past 5 years the exports of Azerbaijan to Tunisia have decreased at an annualized rate of 12.7%, from $235M in 2018 to $119M in 2023.

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

Tunisia-Azerbaijan Trade: In 2023, Tunisia exported $7.05M to Azerbaijan. The main products that Tunisia exported to Azerbaijan were Tropical Fruits ($2.06M), Medical Instruments ($851k), and Other Cast Iron Products ($607k). Over the past 5 years the exports of Tunisia to Azerbaijan have increased at an annualized rate of 17.8%,  from $3.11M in 2018 to $7.05M in 2023.

In 2023, Tunisia 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, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Azerbaijan exported $119M to Tunisia. The main products exported from Azerbaijan to Tunisia were Crude Petroleum ($111M), Petroleum Resins ($8.2M), and Iron Pipes ($76.1k). During the last 5 years the exports of Azerbaijan to Tunisia have decreased at an annualized rate of 12.7%, from $235M in 2018 to $119M in 2023.

In 2018, Tunisia exported $7.05M to Azerbaijan. The main products exported from Tunisia to Azerbaijan were Tropical Fruits ($2.06M), Medical Instruments ($851k), and Other Cast Iron Products ($607k). During the last 5 years the exports of Tunisia to Azerbaijan have increased at an annualized rate of 17.8%, from $3.11M in 2023 to $7.05M in 2018.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Tunisia (Flag)

Azerbaijan Exports

Tunisia Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$11.4B
Tunisia
Top Destination
France$5.19B

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

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

In 2023, countries that imported more from Tunisia than Azerbaijan included France ($5.19B), Germany ($3.09B), and United States ($933M).

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

Comparative Advantage Azerbaijan - Tunisia

Flow
Scale

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

During 2023, Azerbaijan had a large net trade with Tunisia in the exports of Mineral Products ($111M), Plastics and Rubbers ($8.2M), and Metals ($76.1k).

During 2018, Tunisia had a large net trade with Azerbaijan in the exports of Textiles ($2.2M), Vegetable Products ($2.06M), and Instruments ($854k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Tunisia+$90.4kIron Pipes
Top Product Potential Tunisia Azerbaijan+$584kNon-Knit Women's Suits

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

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

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