Romania-Azerbaijan Trade: In 2022, Romania exported $41.1M to Azerbaijan. The main products that Romania exported to Azerbaijan were Packaged Medicaments ($6.81M), Valves ($5.63M), and Machinery Having Individual Functions ($5.08M). Over the past 5 years the exports of Romania to Azerbaijan have decreased at an annualized rate of 4.98%, from $53.1M in 2017 to $41.1M in 2022.
In 2022, Romania did not export any services to Azerbaijan.
Azerbaijan-Romania Trade: In 2022, Azerbaijan exported $449M to Romania. The main products that Azerbaijan exported to Romania were Crude Petroleum ($379M), Nitrogenous Fertilizers ($33.6M), and Acyclic Alcohols ($23.1M). Over the past 5 years the exports of Azerbaijan to Romania have increased at an annualized rate of 10.3%, from $275M in 2017 to $449M in 2022.
In 2022, Azerbaijan did not export any services to Romania.
Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).