2022
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GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
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 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
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GDP PC
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186

About

Azerbaijan-Japan Trade: In 2022, Azerbaijan exported $13.9M to Japan. The main products that Azerbaijan exported to Japan were Raw Aluminium ($12M), Clays ($1.65M), and Other Processed Fruits and Nuts ($88.4k). Over the past 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 26%, from $4.38M in 2017 to $13.9M in 2022.

In 2008, Azerbaijan exported services to Japan worth $2.39M, with Services not allocated ($1.29M), Travel ($1.04M), and Communications services ($55k) being the largest in terms of value.

Japan-Azerbaijan Trade: In 2022, Japan exported $187M to Azerbaijan. The main products that Japan exported to Azerbaijan were N/A. Over the past 5 years the exports of Japan to Azerbaijan have increased at an annualized rate of 2.24%,  from $167M in 2017 to $187M in 2022.

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

Comparison In N/A,  Azerbaijan ranked N/A in total exports (N/A). That same year, Japan ranked N/A in total exports (N/A). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $13.9M to Japan. The main products exported from Azerbaijan to Japan were Raw Aluminium ($12M), Clays ($1.65M), and Other Processed Fruits and Nuts ($88.4k). During the last 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 26%, from $4.38M in 2017 to $13.9M in 2022.

In 2017, Japan exported $187M to Azerbaijan. There were not main exports from Japan to Azerbaijan in 2017. During the last 5 years the exports of Japan to Azerbaijan have increased at an annualized rate of 2.24%, from $167M in 2022 to $187M in 2017.

Exports from Azerbaijan (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Japan

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Japan in the exports of Metals ($12M), Mineral Products ($1.65M), and Foodstuffs ($141k).

During 2017, Japan had a large net trade with Azerbaijan in the exports of Transportation ($117M), Metals ($28.7M), and Machines ($21.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Japan+$7.88MRaw Aluminium
Top Product Potential Japan Azerbaijan+$47.7MCars

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

Product Space of Azerbaijan (Flag) and Japan (Flag) (2022)

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