2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 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

Pakistan-Azerbaijan Trade: In 2023, Pakistan exported $20.6M to Azerbaijan. The main products that Pakistan exported to Azerbaijan were Potatoes ($3.02M), Liquid Pumps ($2.49M), and Light Synthetic Cotton Fabrics ($2.33M). Over the past 5 years the exports of Pakistan to Azerbaijan have increased at an annualized rate of 6.46%, from $15M in 2018 to $20.6M in 2023.

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

Azerbaijan-Pakistan Trade: In 2023, Azerbaijan exported $8.2M to Pakistan. The main products that Azerbaijan exported to Pakistan were Nitrogenous Fertilizers ($5.86M), Raw Lead ($1.3M), and Refined Petroleum ($932k). Over the past 5 years the exports of Azerbaijan to Pakistan have increased at an annualized rate of 37.5%,  from $1.67M in 2018 to $8.2M in 2023.

In 2008, Azerbaijan exported services to Pakistan worth $740k, with Travel ($740k) being the largest in terms of value.

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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, Pakistan exported $20.6M to Azerbaijan. The main products exported from Pakistan to Azerbaijan were Potatoes ($3.02M), Liquid Pumps ($2.49M), and Light Synthetic Cotton Fabrics ($2.33M). During the last 5 years the exports of Pakistan to Azerbaijan have increased at an annualized rate of 6.46%, from $15M in 2018 to $20.6M in 2023.

In 2018, Azerbaijan exported $8.2M to Pakistan. The main products exported from Azerbaijan to Pakistan were Nitrogenous Fertilizers ($5.86M), Raw Lead ($1.3M), and Refined Petroleum ($932k). During the last 5 years the exports of Azerbaijan to Pakistan have increased at an annualized rate of 37.5%, from $1.67M in 2023 to $8.2M in 2018.

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

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

Latest Data

Trade between Pakistan (Flag) and Azerbaijan (Flag)

Pakistan Exports

Azerbaijan Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Azerbaijan
Top Destination
Italy$11.4B

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

In 2023, countries that imported more from Pakistan than Azerbaijan included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

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

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

Comparative Advantage Pakistan - Azerbaijan

Flow
Scale

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

During 2023, Pakistan had a large net trade with Azerbaijan in the exports of Textiles ($8.16M), Vegetable Products ($5.67M), and Machines ($2.7M).

During 2018, Azerbaijan had a large net trade with Pakistan in the exports of Chemical Products ($5.86M), Metals ($1.3M), and Mineral Products ($932k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Azerbaijan+$2.32MRice
Top Product Potential Azerbaijan Pakistan+$4.46MPetroleum Gas

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

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

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