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2023
Flag → Flag
Exports $166kRnk 145 / 173
2023
Flag → Flag
Top Product $80.8kPackaged Medicaments
2023
Flag → Flag
Exports $20.4MRnk 47 / 137
2023
Flag → Flag
Top Product $18.9MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH107%CURRENT US$
Rnk 11 / 195
2023
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 GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
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GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
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GDP PC $40,396CURRENT US$
Rnk 31 / 195
2013-2023
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GDP PC GROWTH59.4%CURRENT US$
Rnk 32 / 195
2023
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GDP PC$7,126CURRENT US$
Rnk 103 / 196
2013-2023
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GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195

About

Malta-Azerbaijan Trade: In 2023, Malta exported $166k to Azerbaijan. The main products that Malta exported to Azerbaijan were Packaged Medicaments ($80.8k), Air Conditioners ($27.1k), and Gas and Liquid Flow Measuring Instruments ($14.5k). Over the past 5 years the exports of Malta to Azerbaijan have increased at an annualized rate of 9%, from $108k in 2018 to $166k in 2023.

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

Azerbaijan-Malta Trade: In 2023, Azerbaijan exported $20.4M to Malta. The main products that Azerbaijan exported to Malta were Refined Petroleum ($18.9M), Petroleum Resins ($1.48M), and Computers ($1.03k). Over the past 5 years the exports of Azerbaijan to Malta have decreased at an annualized rate of 21.8%,  from $69.7M in 2018 to $20.4M in 2023.

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

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B), 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, Malta exported $166k to Azerbaijan. The main products exported from Malta to Azerbaijan were Packaged Medicaments ($80.8k), Air Conditioners ($27.1k), and Gas and Liquid Flow Measuring Instruments ($14.5k). During the last 5 years the exports of Malta to Azerbaijan have increased at an annualized rate of 9%, from $108k in 2018 to $166k in 2023.

In 2018, Azerbaijan exported $20.4M to Malta. The main products exported from Azerbaijan to Malta were Refined Petroleum ($18.9M), Petroleum Resins ($1.48M), and Computers ($1.03k). During the last 5 years the exports of Azerbaijan to Malta have decreased at an annualized rate of 21.8%, from $69.7M in 2023 to $20.4M in 2018.

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

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

Latest Data

Trade between Malta (Flag) and Azerbaijan (Flag)

Malta Exports

Azerbaijan Exports

Market Competitiveness

Color
Malta
Top DestinationNigeria$2.26B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Malta than Azerbaijan included Nigeria ($2.26B), China ($494M), and Hong Kong ($308M).

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

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

Comparative Advantage Malta - Azerbaijan

Flow
Scale

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

During 2023, Malta had a large net trade with Azerbaijan in the exports of Chemical Products ($81.7k), Machines ($46.8k), and Instruments ($26k).

During 2018, Azerbaijan had a large net trade with Malta in the exports of Mineral Products ($18.9M), Plastics and Rubbers ($1.48M), and Machines ($1.03k).

Economic Complexity

Competitive Landscape

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

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

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