Guyana (GUY) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

About

Guyana-Azerbaijan Trade: In 2023, Guyana exported $291k to Azerbaijan. The main products that Guyana exported to Azerbaijan were Surveying Equipment ($206k), Cleaning Products ($66.7k), and Excavation Machinery ($13.2k). Over the past 12 years the exports of Guyana to Azerbaijan have increased at an annualized rate of 76.5%, from $319 in 2011 to $291k in 2023.

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

Azerbaijan-Guyana In N/A, Azerbaijan did not export any products to Guyana.

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

Comparison In 2023, Guyana ranked 84 in total exports ($17.4B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guyana exported $291k to Azerbaijan. The main products exported from Guyana to Azerbaijan were Surveying Equipment ($206k), Cleaning Products ($66.7k), and Excavation Machinery ($13.2k). During the last 12 years the exports of Guyana to Azerbaijan have increased at an annualized rate of 76.5%, from $319 in 2011 to $291k in 2023.

Azerbaijan does not register exports to Guyana. The main products exported from Azerbaijan to Guyana were Other Plastic Products ($2.75k), Other Iron Products ($1.35k), and Other Hand Tools ($412).

Exports from Guyana () to Azerbaijan () (2023)

Exports from Azerbaijan () to Guyana () (2023)

Latest Data

Trade between Guyana () and Azerbaijan ()

Azerbaijan Exports

Date

Aug 2020

Jul 2019

Jan 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationUnited States$3.51B

Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Guyana than Azerbaijan included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

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

Difference in imports from Azerbaijan () and Guyana () (2023)

Comparative Advantage Guyana - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guyana had a large net trade with Azerbaijan in the exports of Instruments ($210k), Chemical Products ($66.7k), and Machines ($13.7k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Azerbaijan () (2023)

Exports from Azerbaijan () to Guyana () (2023)

Latest Data

Trade between Guyana () and Azerbaijan ()

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Guyana () (2023)

Comparative Advantage Guyana - Azerbaijan

Economic Complexity

Competitive Landscape

Product Space of Guyana () and Azerbaijan () (2023)

Keep Exploring