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2022
Flag → Flag
Exports $187MRnk 95 / 211
2022
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Top Product $106MCars
2022
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Exports $13.9MRnk 52 / 141
2022
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Top Product $12MRaw Aluminium
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Japan-Azerbaijan Trade: In 2022, Japan exported $187M to Azerbaijan. The main products that Japan exported to Azerbaijan were Cars ($106M), Iron Pipes ($24.6M), and Delivery Trucks ($8.09M). Over the past 5 years the exports of Japan to Azerbaijan have increased at an annualized rate of 2.24%, from $167M in 2017 to $187M in 2022.

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

Azerbaijan-Japan Trade: In 2022, Azerbaijan exported $13.9M to Japan. The main products that Azerbaijan exported to Japan were Raw Aluminium ($12M), Clays ($1.65M), and Other Processed Fruits and Nuts ($88.4k). Over the past 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 26%,  from $4.38M in 2017 to $13.9M in 2022.

In 2008, Azerbaijan exported services to Japan worth $2.39M, with Services not allocated ($1.29M), Travel ($1.04M), and Communications services ($55k) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Latest Trends

July, 2024

About

Overview In July 2024, Japan exported ¥1.49B and imported ¥330M from Azerbaijan, resulting in a positive trade balance of ¥1.16B. Between July 2023 and July 2024 the exports of Japan have increased by ¥572M (62.5%) from ¥915M to ¥1.49B, while imports increased by ¥193M (141%) from ¥137M to ¥330M.

Trade In July 2024, the top exports of Japan to Azerbaijan were Gas Turbines (¥492M), Cars (¥123M), Liquid Pumps (¥21.6M), Ball Bearings (¥21.5M), and Commodities not elsewhere specified (¥11.3M). In July 2024 the top imports of Japan from Azerbaijan were Commodities not elsewhere specified (¥65.1M), Raw Aluminium (¥28.1M), Other Mineral (¥22.4M), Other Processed Fruits and Nuts (¥2.05M), and Dried Fruits (¥424k).

Origins In July 2024 the exports of Japan were mainly from Wakayama (¥1.17B), Kanagawa (¥170M), Yamaguchi (¥48.6M), Hiroshima (¥37.9M), and Osaka (¥33.6M), while imports destinations were mainly Aichi (¥330M), Chiba (¥316k), and Tokyo (¥296k).

Growth In July 2024, the increase in Japan's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in . In July 2024, the increase in Japan's year-by-year imports  from Azerbaijan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)¥572M(62.5%)
IMPORT GROWTH (July 2023 - July 2024)¥193M(141%)
MAIN EXPORTER (July 2024)Wakayama¥1.17B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Azerbaijan and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $187M to Azerbaijan. The main products exported from Japan to Azerbaijan were Cars ($106M), Iron Pipes ($24.6M), and Delivery Trucks ($8.09M). During the last 5 years the exports of Japan to Azerbaijan have increased at an annualized rate of 2.24%, from $167M in 2017 to $187M in 2022.

In 2017, Azerbaijan exported $13.9M to Japan. The main products exported from Azerbaijan to Japan were Raw Aluminium ($12M), Clays ($1.65M), and Other Processed Fruits and Nuts ($88.4k). During the last 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 26%, from $4.38M in 2022 to $13.9M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Japan than Azerbaijan included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Azerbaijan than Japan included Italy ($18.3B), Greece ($1.51B), and Croatia ($990M).

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

Comparative Advantage Japan - Azerbaijan

Flow
Scale

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

During 2022, Japan had a large net trade with Azerbaijan in the exports of Transportation ($117M), Metals ($28.7M), and Machines ($21.2M).

During 2017, Azerbaijan had a large net trade with Japan in the exports of Metals ($12M), Mineral Products ($1.65M), and Foodstuffs ($141k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Azerbaijan+$47.7MCars
Top Product Potential Azerbaijan Japan+$7.88MRaw Aluminium

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

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

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