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2023
Flag → Flag
Exports $454MRnk 108 / 220
2023
Flag → Flag
Top Product $134MCars
2023
Flag → Flag
Exports $45.5MRnk 39 / 137
2023
Flag → Flag
Top Product $16.7MAluminium Plating
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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 $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
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

United States-Azerbaijan Trade: In 2023, United States exported $454M to Azerbaijan. The main products that United States exported to Azerbaijan were Cars ($134M), Valves ($22M), and Electric Generating Sets ($18.7M). Over the past 5 years the exports of United States to Azerbaijan have decreased at an annualized rate of 4.38%, from $567M in 2018 to $454M in 2023.

In 2023, United States did not export any services to Azerbaijan.

Azerbaijan-United States Trade: In 2023, Azerbaijan exported $45.5M to United States. The main products that Azerbaijan exported to United States were Aluminium Plating ($16.7M), Refined Petroleum ($9.95M), and Other Inedible Animal Products ($2.54M). Over the past 5 years the exports of Azerbaijan to United States have decreased at an annualized rate of 35.8%,  from $419M in 2018 to $45.5M in 2023.

In 2008, Azerbaijan exported services to United States worth $130M, with Transportation ($67.5M), Services not allocated ($50.7M), and Travel ($9.29M) being the largest in terms of value.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Azerbaijan to the United States. Conversely, were notable for importing products to Azerbaijan from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $13.6M and imported $6.28M from Azerbaijan, resulting in a positive trade balance of $7.28M. Between November 2023 and November 2024 the exports of United States have decreased by $-2.7M (-16.6%) from $16.3M to $13.6M, while imports increased by $1.21M (23.7%) from $5.08M to $6.28M.

Trade In November 2024, the top exports of United States to Azerbaijan were Aircraft parts (gliders, balloons, and powered... ($2.57M), Cars ($1.67M), Valves ($1.67M), Medical Instruments ($857k), and Vinyl Chloride Polymers ($416k). In November 2024 the top imports of United States from Azerbaijan were Commodities not elsewhere specified ($321k), Other Inedible Animal Products ($283k), Wood Carpentry ($260k), Explosive Ammunition ($224k), and Other Furniture ($111k).

Origins In November 2024 the exports of United States were mainly from Texas ($4.68M), Florida ($3.1M), California ($1.13M), Illinois ($701k), and Washington ($483k), while imports destinations were mainly Florida ($2.92M), Maryland ($1.04M), New York ($627k), Georgia ($577k), and New Jersey ($316k).

Growth In November 2024, the decrease in United States's year-by-year exports to Azerbaijan was explained primarily by an decrease in product exports in Excavation Machinery ($-825k or -95.4%), Valves ($-814k or -32.8%), and Surveying Equipment ($-697k or -96.4%). In November 2024, the increase in United States's year-by-year imports  from Azerbaijan was explained primarily by an increase in product imports  in Other Inedible Animal Products ($146k or 106%) and Fruit Juice ($32.3k or 42.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-2.7M(-16.6%)
IMPORT GROWTH (November 2023 - November 2024)$1.21M(23.7%)
MAIN EXPORTER (November 2024)Texas$4.68M

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

To check Azerbaijan and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $454M to Azerbaijan. The main products exported from United States to Azerbaijan were Cars ($134M), Valves ($22M), and Electric Generating Sets ($18.7M). During the last 5 years the exports of United States to Azerbaijan have decreased at an annualized rate of 4.38%, from $567M in 2018 to $454M in 2023.

In 2018, Azerbaijan exported $45.5M to United States. The main products exported from Azerbaijan to United States were Aluminium Plating ($16.7M), Refined Petroleum ($9.95M), and Other Inedible Animal Products ($2.54M). During the last 5 years the exports of Azerbaijan to United States have decreased at an annualized rate of 35.8%, from $419M in 2023 to $45.5M in 2018.

Exports from United States (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from United States than Azerbaijan included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Azerbaijan than United States included Russia ($1.2B), Turkmenistan ($86.1M), and Belarus ($31.8M).

Difference in imports from Azerbaijan (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Azerbaijan

Flow
Scale

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

During 2023, United States had a large net trade with Azerbaijan in the exports of Machines ($174M), Transportation ($148M), and Instruments ($35.5M).

During 2018, Azerbaijan had a large net trade with United States in the exports of Metals ($19.7M), Mineral Products ($9.95M), and Machines ($4.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Azerbaijan+$41.2MCars
Top Product Potential Azerbaijan United States+$72.9MRefined 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 United States and Azerbaijan. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Azerbaijan (Flag) (2023)

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