Palestine (PSE) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Palestine-Azerbaijan Trade: In 2022, Palestine exported $230k to Azerbaijan. The main products that Palestine exported to Azerbaijan were Tropical Fruits ($160k), Packaged Medicaments ($67.4k), and Cut Flowers ($1.54k). Over the past 5 years the exports of Palestine to Azerbaijan have decreased at an annualized rate of 2.35%, from $259k in 2017 to $230k in 2022.

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

Azerbaijan-Palestine Trade: In 2022, Azerbaijan exported $214k to Palestine. The main products that Azerbaijan exported to Palestine were Chocolate ($166k), Baked Goods ($47.3k), and Confectionery Sugar ($259). Over the past 5 years the exports of Azerbaijan to Palestine have increased at an annualized rate of 14.1%, from $65.2k in 2017 to $214k in 2022.

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

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $230k to Azerbaijan. The main products exported from Palestine to Azerbaijan were Tropical Fruits ($160k), Packaged Medicaments ($67.4k), and Cut Flowers ($1.54k). During the last 5 years the exports of Palestine to Azerbaijan have decreased at an annualized rate of 2.35%, from $259k in 2017 to $230k in 2022.

In 2017, Azerbaijan exported $214k to Palestine. The main products exported from Azerbaijan to Palestine were Chocolate ($166k), Baked Goods ($47.3k), and Confectionery Sugar ($259). During the last 5 years the exports of Azerbaijan to Palestine have increased at an annualized rate of 14.1%, from $65.2k in 2022 to $214k in 2017.

Exports from Palestine () to Azerbaijan () (2022)

Exports from Azerbaijan () to Palestine () (2022)

Latest Data

Trade between Palestine () and Azerbaijan ()

Palestine Exports

Date

Sep 2018

Nov 2017

Azerbaijan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Palestine than Azerbaijan included Jordan ($159M), Kuwait ($14.5M), and Saudi Arabia ($13.5M).

In 2022, countries that imported more from Azerbaijan than Palestine included Italy ($18.3B), Turkey ($3.57B), and India ($1.64B).

Difference in imports from Azerbaijan () and Palestine () (2022)

Comparative Advantage Palestine - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Azerbaijan in the exports of Vegetable Products ($161k), Chemical Products ($67.4k), and Footwear and Headwear ($1.19k).

During 2017, Azerbaijan had a large net trade with Palestine in the exports of Foodstuffs ($214k) and Textiles ($116).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Palestine and Azerbaijan. This means that a dot/product with the flag of Palestine indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Palestine.

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Azerbaijan () (2022)

Exports from Azerbaijan () to Palestine () (2022)

Latest Data

Trade between Palestine () and Azerbaijan ()

Palestine Exports

Azerbaijan Exports

Market Competitiveness

Difference in imports from Azerbaijan () and Palestine () (2022)

Comparative Advantage Palestine - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Azerbaijan () (2022)

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