Azerbaijan (AZE) and China (CHN) Trade | The Observatory of Economic Complexity

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Azerbaijan-China Trade: In 2022, Azerbaijan exported $216M to China. The main products that Azerbaijan exported to China were Crude Petroleum ($114M), Petroleum Coke ($38.6M), and Ethylene Polymers ($28.9M). Over the past 5 years the exports of Azerbaijan to China have decreased at an annualized rate of 13.7%, from $449M in 2017 to $216M in 2022.

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

China-Azerbaijan Trade: In 2022, China exported $1.51B to Azerbaijan. The main products that China exported to Azerbaijan were Broadcasting Equipment ($80.2M), Computers ($68.4M), and Cars ($52.2M). Over the past 5 years the exports of China to Azerbaijan have increased at an annualized rate of 18.6%, from $644M in 2017 to $1.51B in 2022.

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

Comparison: In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $216M to China. The main products exported from Azerbaijan to China were Crude Petroleum ($114M), Petroleum Coke ($38.6M), and Ethylene Polymers ($28.9M). During the last 5 years the exports of Azerbaijan to China have decreased at an annualized rate of 13.7%, from $449M in 2017 to $216M in 2022.

In 2017, China exported $1.51B to Azerbaijan. The main products exported from China to Azerbaijan were Broadcasting Equipment ($80.2M), Computers ($68.4M), and Cars ($52.2M). During the last 5 years the exports of China to Azerbaijan have increased at an annualized rate of 18.6%, from $644M in 2022 to $1.51B in 2017.

Exports from Azerbaijan () to China () (2022)

Exports from China () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and China ()

Azerbaijan Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationN/AN/A

China
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Azerbaijan - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with China in the exports of Mineral Products ($176M), Plastics and Rubbers ($28.9M), and Chemical Products ($4.19M).

During 2017, China had a large net trade with Azerbaijan in the exports of Machines ($639M), Metals ($157M), and Transportation ($138M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan China+$360MCrude Petroleum

Top Product Potential China Azerbaijan+$93.2MTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to China () (2022)

Exports from China () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and China ()

Azerbaijan Exports

China Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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