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2023
Flag → Flag
Exports $144MRnk 107 / 224
2023
Flag → Flag
Top Product $25.7MTractors
2023
Flag → Flag
Exports $46.9MRnk 38 / 137
2023
Flag → Flag
Top Product $17.8MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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 $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 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

Netherlands-Azerbaijan Trade: In 2023, Netherlands exported $144M to Azerbaijan. The main products that Netherlands exported to Azerbaijan were Tractors ($25.7M), Malt Extract ($6.91M), and Packaged Medicaments ($6.34M). Over the past 5 years the exports of Netherlands to Azerbaijan have increased at an annualized rate of 0.42%, from $141M in 2018 to $144M in 2023.

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

Azerbaijan-Netherlands Trade: In 2023, Azerbaijan exported $46.9M to Netherlands. The main products that Azerbaijan exported to Netherlands were Refined Petroleum ($17.8M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.42M), and Petroleum Resins ($8.39M). Over the past 5 years the exports of Azerbaijan to Netherlands have decreased at an annualized rate of 10.3%,  from $80.8M in 2018 to $46.9M in 2023.

In 2008, Azerbaijan exported services to Netherlands worth $5.75M, with Services not allocated ($3.58M), Travel ($919k), and Transportation ($823k) being the largest in terms of value.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Latest Trends

N/A

About

Overview In N/A, Netherlands exported €N/A and imported €N/A from Azerbaijan, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Netherlands have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Netherlands to Azerbaijan were Chocolate and other food preparations containing... (€1M), Edible products and preparations, n.e.s. (€1M), Crude vegetable materials, n.e.s. (€1M), Medicaments (including veterinary medicaments) (€1M), and Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€1M). In N/A the top imports of Netherlands from Azerbaijan were Alcohols, phenols, phenol-alcohols, and their halogenated,... (€3M).

Latest Trade

Time Scale
Flow
Value

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

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

For full datasets download visit Bulk Download page.

Explore Azerbaijan and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $144M to Azerbaijan. The main products exported from Netherlands to Azerbaijan were Tractors ($25.7M), Malt Extract ($6.91M), and Packaged Medicaments ($6.34M). During the last 5 years the exports of Netherlands to Azerbaijan have increased at an annualized rate of 0.42%, from $141M in 2018 to $144M in 2023.

In 2018, Azerbaijan exported $46.9M to Netherlands. The main products exported from Azerbaijan to Netherlands were Refined Petroleum ($17.8M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.42M), and Petroleum Resins ($8.39M). During the last 5 years the exports of Azerbaijan to Netherlands have decreased at an annualized rate of 10.3%, from $80.8M in 2023 to $46.9M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Netherlands than Azerbaijan included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Azerbaijan than Netherlands included Turkey ($5.85B), Georgia ($654M), and Turkmenistan ($86.1M).

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

Comparative Advantage Netherlands - Azerbaijan

Flow
Scale

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

During 2023, Netherlands had a large net trade with Azerbaijan in the exports of Transportation ($34.6M), Machines ($33.1M), and Chemical Products ($16.9M).

During 2018, Azerbaijan had a large net trade with Netherlands in the exports of Mineral Products ($17.8M), Chemical Products ($9.42M), and Plastics and Rubbers ($8.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Azerbaijan+$15.2MRefined Petroleum
Top Product Potential Azerbaijan Netherlands+$128MCrude Petroleum

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

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

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