Israel / Azerbaijan

Israel-Azerbaijan Trade: In 2022, Israel exported $135M to Azerbaijan. The main products that Israel exported to Azerbaijan were Broadcasting Accessories ($42.3M), Aircraft Parts ($24.9M), and Video Recording Equipment ($21M). Over the past 5 years the exports of Israel to Azerbaijan have decreased at an annualized rate of 3.86%, from $165M in 2017 to $135M in 2022.

In 2007, Israel exported services to Azerbaijan worth $3.51M, with Computer and information services ($3.1M) and Construction services ($408k) being the largest in terms of value.

Azerbaijan-Israel Trade: In 2022, Azerbaijan exported $1.68B to Israel. The main products that Azerbaijan exported to Israel were Crude Petroleum ($1.67B), Acyclic Alcohols ($6.13M), and Nitrogenous Fertilizers ($2.31M). Over the past 5 years the exports of Azerbaijan to Israel have increased at an annualized rate of 21.3%,  from $643M in 2017 to $1.68B in 2022.

In 2008, Azerbaijan exported services to Israel worth $10.8M, with Transportation ($8.18M), Travel ($2.64M), and Communications services ($15k) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).