Azerbaijan

-0.65

Econ Complexity 84th of 126
1990
2017

$14.3B

Exports 77th of 221
1990
2017

$8.1B

Imports 104th of 221
1990
2017

$17.4k

GDP Per Capita 77th of 214
1990
2017
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Azerbaijan is the 77th largest export economy in the world and the 84th most complex economy according to the Economic Complexity Index (ECI). In 2017, Azerbaijan exported $14.3B and imported $8.1B, resulting in a positive trade balance of $6.17B. In 2017 the GDP of Azerbaijan was $40.7B and its GDP per capita was $17.4k.

The top exports of Azerbaijan are Crude Petroleum ($11.7B), Petroleum Gas ($1.29B), Refined Petroleum ($323M), Acyclic Alcohols ($57.4M) and Raw Aluminium ($56.2M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($312M), Refined Petroleum ($245M), Wheat ($219M), Packaged Medicaments ($212M) and Broadcasting Equipment ($158M).

The top export destinations of Azerbaijan are Italy ($4.71B), Turkey ($1.22B), Canada ($780M), the Czech Republic ($765M) and Germany ($700M). The top import origins are Russia ($1.4B), Turkey ($1.18B), China ($789M), Germany ($453M) and Ukraine ($409M).

Azerbaijan borders Armenia, Georgia, Iran, Turkey and Russia by land and Turkmenistan by sea.

Economic Complexity of Azerbaijan

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