Denmark-Azerbaijan Trade: In 2022, Denmark exported $27.8M to Azerbaijan. The main products that Denmark exported to Azerbaijan were Packaged Medicaments ($6.52M), Malt Extract ($2.82M), and Enzymes ($1.46M). Over the past 5 years the exports of Denmark to Azerbaijan have increased at an annualized rate of 4.94%, from $21.8M in 2017 to $27.8M in 2022.
In 2022, Denmark did not export any services to Azerbaijan.
Azerbaijan-Denmark Trade: In 2022, Azerbaijan exported $533k to Denmark. The main products that Azerbaijan exported to Denmark were Machinery Having Individual Functions ($83.7k), Air Pumps ($58.4k), and Chemical Analysis Instruments ($55.6k). Over the past 5 years the exports of Azerbaijan to Denmark have decreased at an annualized rate of 14.5%, from $1.17M in 2017 to $533k in 2022.
In 2022, Azerbaijan did not export any services to Denmark.
Comparison: In 2022, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).