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Pricing

2022
Flag → Flag
Exports $3.26MRnk 63 / 141
2022
Flag → Flag
Top Product $1.46MChocolate
2022
Flag → Flag
Exports $18.3MRnk 93 / 138
2022
Flag → Flag
Top Product $6.99MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Azerbaijan-Saudi Arabia Trade: In 2022, Azerbaijan exported $3.26M to Saudi Arabia. The main products that Azerbaijan exported to Saudi Arabia were Chocolate ($1.46M), Delivery Trucks ($825k), and Non-Knit Women's Suits ($392k). Over the past 5 years the exports of Azerbaijan to Saudi Arabia have increased at an annualized rate of 17.6%, from $1.45M in 2017 to $3.26M in 2022.

In 2008, Azerbaijan exported services to Saudi Arabia worth $2.04M, with Construction services ($2.04M) being the largest in terms of value.

Saudi Arabia-Azerbaijan Trade: In 2022, Saudi Arabia exported $18.3M to Azerbaijan. The main products that Saudi Arabia exported to Azerbaijan were Ethylene Polymers ($6.99M), Propylene Polymers ($6.16M), and Vinyl Chloride Polymers ($1.03M). Over the past 5 years the exports of Saudi Arabia to Azerbaijan have increased at an annualized rate of 3.69%,  from $15.3M in 2017 to $18.3M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $3.26M to Saudi Arabia. The main products exported from Azerbaijan to Saudi Arabia were Chocolate ($1.46M), Delivery Trucks ($825k), and Non-Knit Women's Suits ($392k). During the last 5 years the exports of Azerbaijan to Saudi Arabia have increased at an annualized rate of 17.6%, from $1.45M in 2017 to $3.26M in 2022.

In 2017, Saudi Arabia exported $18.3M to Azerbaijan. The main products exported from Saudi Arabia to Azerbaijan were Ethylene Polymers ($6.99M), Propylene Polymers ($6.16M), and Vinyl Chloride Polymers ($1.03M). During the last 5 years the exports of Saudi Arabia to Azerbaijan have increased at an annualized rate of 3.69%, from $15.3M in 2022 to $18.3M in 2017.

Exports from Azerbaijan (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and Saudi Arabia (Flag)

Azerbaijan Exports

Saudi Arabia Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Azerbaijan than Saudi Arabia included Italy ($18.3B), Israel ($1.68B), and Croatia ($990M).

In 2022, countries that imported more from Saudi Arabia than Azerbaijan included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Saudi Arabia

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Saudi Arabia in the exports of Foodstuffs ($1.61M), Transportation ($825k), and Textiles ($419k).

During 2017, Saudi Arabia had a large net trade with Azerbaijan in the exports of Plastics and Rubbers ($14.9M), Chemical Products ($1.63M), and Animal Products ($1.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Azerbaijan Saudi Arabia+$783kChocolate
Top Product Potential Saudi Arabia Azerbaijan+$5.07MEthylene Polymers

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

Product Space of Azerbaijan (Flag) and Saudi Arabia (Flag) (2022)

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