Vanuatu (VUT) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Vanuatu-Azerbaijan Trade: In 2022, Vanuatu exported $360k to Azerbaijan. The main products that Vanuatu exported to Azerbaijan were Electrical Transformers ($360k). Over the past 16 years the exports of Vanuatu to Azerbaijan have increased at an annualized rate of 39.6%, from $1.73k in 2006 to $360k in 2022.

In 2022, Vanuatu did not export any services to Azerbaijan.

Azerbaijan-Vanuatu Trade: In 2022, Azerbaijan exported $21.4k to Vanuatu. The main products that Azerbaijan exported to Vanuatu were N/A. Over the past 16 years the exports of Azerbaijan to Vanuatu have increased at an annualized rate of 280%, from $27 in 2006 to $21.4k in 2022.

In 2022, Azerbaijan did not export any services to Vanuatu.

Comparison In 2022, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vanuatu exported $360k to Azerbaijan. The main products exported from Vanuatu to Azerbaijan were Electrical Transformers ($360k). During the last 16 years the exports of Vanuatu to Azerbaijan have increased at an annualized rate of 39.6%, from $1.73k in 2006 to $360k in 2022.

In 2006, Azerbaijan exported $21.4k to Vanuatu. There were not main exports from Azerbaijan to Vanuatu in 2006. During the last 5 years the exports of Azerbaijan to Vanuatu have increased at an annualized rate of 280%, from $27 in 2011 to $21.4k in 2006.

Exports from Vanuatu () to Azerbaijan () (2022)

Exports from Azerbaijan () to Vanuatu () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Vanuatu than Azerbaijan included Japan ($55.5M), South Korea ($14.1M), and Philippines ($12.9M).

In 2022, countries that imported more from Azerbaijan than Vanuatu included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

Difference in imports from Azerbaijan () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vanuatu had a large net trade with Azerbaijan in the exports of Machines ($360k).

During 2006, Azerbaijan had a large net trade with Vanuatu in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vanuatu () to Azerbaijan () (2022)

Exports from Azerbaijan () to Vanuatu () (2022)

Market Competitiveness

Difference in imports from Azerbaijan () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vanuatu () and Azerbaijan () (2022)

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