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Pricing

2022
Flag → Flag
Exports $261MRnk 125 / 219
2022
Flag → Flag
Top Product $42.2MCars
2022
Flag → Flag
Exports $130MRnk 27 / 141
2022
Flag → Flag
Top Product $37.7MAluminium Plating
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

United States-Azerbaijan Trade: In 2022, United States exported $261M to Azerbaijan. The main products that United States exported to Azerbaijan were Cars ($42.2M), Gas Turbines ($21.8M), and Centrifuges ($15.1M). Over the past 5 years the exports of United States to Azerbaijan have increased at an annualized rate of 2.4%, from $232M in 2017 to $261M in 2022.

In 2022, United States did not export any services to Azerbaijan.

Azerbaijan-United States Trade: In 2022, Azerbaijan exported $130M to United States. The main products that Azerbaijan exported to United States were Aluminium Plating ($37.7M), Nitrogenous Fertilizers ($27M), and Refined Petroleum ($23.9M). Over the past 5 years the exports of Azerbaijan to United States have increased at an annualized rate of 14.3%,  from $66.8M in 2017 to $130M in 2022.

In 2008, Azerbaijan exported services to United States worth $130M, with Transportation ($67.5M), Services not allocated ($50.7M), and Travel ($9.29M) being the largest in terms of value.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Azerbaijan to the United States. Conversely, were notable for importing products to Azerbaijan from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $32.1M and imported $7.27M from Azerbaijan, resulting in a positive trade balance of $24.8M. Between August 2023 and August 2024 the exports of United States have increased by $16M (99.3%) from $16.1M to $32.1M, while imports increased by $2.81M (62.9%) from $4.46M to $7.27M.

Trade In August 2024, the top exports of United States to Azerbaijan were Aircraft Parts ($2.57M), Cars ($1.67M), Valves ($1.67M), Medical Instruments ($857k), and Vinyl Chloride Polymers ($416k). In August 2024 the top imports of United States from Azerbaijan were Commodities not elsewhere specified ($321k), Other Inedible Animal Products ($283k), Wood Carpentry ($260k), Explosive Ammunition ($224k), and Other Furniture ($111k).

Origins In August 2024 the exports of United States were mainly from California ($18.7M), Texas ($5.34M), Florida ($2.92M), Arizona ($671k), and New Jersey ($558k), while imports destinations were mainly Maryland ($3.3M), Florida ($1.75M), Washington ($763k), Virginia ($758k), and Texas ($334k).

Growth In August 2024, the increase in United States's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in Cars ($1.58M or 1.65k%), Aircraft Parts ($1.55M or 153%), and Medical Instruments ($615k or 253%). In August 2024, the increase in United States's year-by-year imports  from Azerbaijan was explained primarily by an increase in product imports  in Other Inedible Animal Products ($146k or 106%) and Fruit Juice ($32.3k or 42.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$16M(99.3%)
IMPORT GROWTH (August 2023 - August 2024)$2.81M(62.9%)
MAIN EXPORTER (August 2024)California$18.7M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Azerbaijan and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $261M to Azerbaijan. The main products exported from United States to Azerbaijan were Cars ($42.2M), Gas Turbines ($21.8M), and Centrifuges ($15.1M). During the last 5 years the exports of United States to Azerbaijan have increased at an annualized rate of 2.4%, from $232M in 2017 to $261M in 2022.

In 2017, Azerbaijan exported $130M to United States. The main products exported from Azerbaijan to United States were Aluminium Plating ($37.7M), Nitrogenous Fertilizers ($27M), and Refined Petroleum ($23.9M). During the last 5 years the exports of Azerbaijan to United States have increased at an annualized rate of 14.3%, from $66.8M in 2022 to $130M in 2017.

Exports from United States (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from United States than Azerbaijan included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Azerbaijan than United States included Belarus ($96.9M).

Difference in imports from Azerbaijan (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Azerbaijan

Flow
Scale

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

During 2022, United States had a large net trade with Azerbaijan in the exports of Machines ($116M), Transportation ($53.2M), and Instruments ($25.2M).

During 2017, Azerbaijan had a large net trade with United States in the exports of Metals ($38.9M), Mineral Products ($33.5M), and Chemical Products ($28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Azerbaijan+$41.2MCars
Top Product Potential Azerbaijan United States+$72.9MRefined Petroleum

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

Product Space of United States (Flag) and Azerbaijan (Flag) (2022)

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