2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
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 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$7,126CURRENT US$
Rnk 103 / 196
2013-2023
Flag
GDP PC GROWTH
-9.52%CURRENT US$
Rnk 168 / 195

About

Brunei-Azerbaijan Trade: In 2023, Brunei exported $720 to Azerbaijan. The main products that Brunei exported to Azerbaijan were Knitted Hats ($720). Over the past 9 years the exports of Brunei to Azerbaijan have increased at an annualized rate of 20.3%, from $136 in 2014 to $720 in 2023.

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

Azerbaijan-Brunei Trade: In 2023, Azerbaijan exported $36.9k to Brunei. The main products that Azerbaijan exported to Brunei were Fruit Juice ($36.6k), Motor vehicles; parts and accessories (8701 to 8705) ($246), and Other Plastic Products ($73). Over the past 9 years the exports of Azerbaijan to Brunei have decreased at an annualized rate of 12.2%,  from $70.9k in 2014 to $36.9k in 2023.

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

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $720 to Azerbaijan. The main products exported from Brunei to Azerbaijan were Knitted Hats ($720). During the last 9 years the exports of Brunei to Azerbaijan have increased at an annualized rate of 20.3%, from $136 in 2014 to $720 in 2023.

In 2018, Azerbaijan exported $36.9k to Brunei. The main products exported from Azerbaijan to Brunei were Fruit Juice ($36.6k), Motor vehicles; parts and accessories (8701 to 8705) ($246), and Other Plastic Products ($73). During the last 5 years the exports of Azerbaijan to Brunei have decreased at an annualized rate of 12.2%, from $70.9k in 2023 to $36.9k in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Azerbaijan (Flag)

Azerbaijan Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Azerbaijan
Top Destination
Italy$11.4B

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

In 2023, countries that imported more from Brunei than Azerbaijan included Australia ($2.25B), Japan ($1.86B), and China ($1.84B).

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

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

Comparative Advantage Brunei - Azerbaijan

Flow
Scale

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

During 2023, Brunei had a large net trade with Azerbaijan in the exports of Footwear and Headwear ($720).

During 2018, Azerbaijan had a large net trade with Brunei in the exports of Foodstuffs ($36.6k), Transportation ($246), and Plastics and Rubbers ($73).

Economic Complexity

Competitive Landscape

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

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

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