Azerbaijan-Armenia Trade: In 2021, Azerbaijan exported $722k to Armenia. The main products that Azerbaijan exported to Armenia were N/A. Over the past 5 years the exports of Azerbaijan to Armenia have decreased at an annualized rate of 19.9%, from $2.19M in 2016 to $722k in 2021.
In 2021, Azerbaijan did not export any services to Armenia.
Armenia-Azerbaijan Trade: In 2021, Armenia exported $1.27M to Azerbaijan. The main products that Armenia exported to Azerbaijan were Electricity ($1.27M). Over the past 5 years the exports of Armenia to Azerbaijan have decreased at an annualized rate of 20.3%, from $3.94M in 2016 to $1.27M in 2021.
In 2021, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).