2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Marshall Islands-Azerbaijan Trade: In 2016, Marshall Islands exported $2.6k to Azerbaijan. The main products that Marshall Islands exported to Azerbaijan were N/A. Over the past 5 years the exports of Marshall Islands to Azerbaijan have decreased at an annualized rate of 60.5%, from $270k in 2011 to $2.6k in 2016.

In 2016, Marshall Islands did not export any services to Azerbaijan.

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

In 2016, Azerbaijan did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Marshall Islands exported $2.6k to Azerbaijan. There were not main exports from Marshall Islands to Azerbaijan in 2016. During the last 5 years the exports of Marshall Islands to Azerbaijan have decreased at an annualized rate of 60.5%, from $270k in 2011 to $2.6k in 2016.

Azerbaijan does not register exports to Marshall Islands.

Exports from Marshall Islands (Flag) to Azerbaijan (Flag) (2016)

Exports from Azerbaijan (Flag) to Marshall Islands (Flag) (2016)

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Marshall Islands than Azerbaijan included Denmark ($159M), Malta ($66.2M), and Tanzania ($41M).

In 2022, countries that imported more from Azerbaijan than Marshall Islands included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

Difference in imports from Azerbaijan (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Azerbaijan

Flow
Scale

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

During 2016, Marshall Islands had a large net trade with Azerbaijan in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Azerbaijan (Flag) (2016)

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