Azerbaijan

-1.64

Econ Complexity 104th of 184
1990
2016

$16.9B

Exports 70th of 221
1990
2016

$11.1B

Imports 93rd of 221
1990
2016

$17.8k

GDP Per Capita 65th of 184
1990
2016
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Looking for commercial partners in Azerbaijan? List your company on Macro Market.

Azerbaijan is the 70th largest export economy in the world and the 104th most complex economy according to the Economic Complexity Index (ECI). In 2015, Azerbaijan exported $16.9B and imported $11.1B, resulting in a positive trade balance of $5.78B. In 2015 the GDP of Azerbaijan was $53B and its GDP per capita was $17.8k.

The top exports of Azerbaijan are Crude Petroleum ($14.4B), Refined Petroleum ($620M), Raw Sugar ($222M), Petroleum Gas ($212M) and Other Nuts ($117M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Other Large Iron Pipes ($401M), Cars ($347M), Valves ($317M), Wheat ($276M) and Jewellery ($258M).

The top export destinations of Azerbaijan are Italy ($4.22B), Germany ($1.68B), France ($1.13B), Indonesia ($1.07B) and the Czech Republic ($929M). The top import origins are Turkey ($1.69B), Russia ($1.69B), the United Kingdom ($875M), Germany ($838M) and Italy ($729M).

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

Economic Complexity of Azerbaijan

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