Azerbaijan

-0.55

Econ Complexity 84th of 214
1990
2016

$12.3B

Exports 78th of 221
1990
2016

$9B

Imports 96th of 221
1990
2016

$17.3k

GDP Per Capita 71st of 214
1990
2016
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Looking for commercial partners in Azerbaijan? List your company on Macro Market.

Azerbaijan is the 78th largest export economy in the world. In 2016, Azerbaijan exported $12.3B and imported $9B, resulting in a positive trade balance of $3.22B. In 2016 the GDP of Azerbaijan was $37.8B and its GDP per capita was $17.3k.

The top exports of Azerbaijan are Crude Petroleum ($9.4B), Petroleum Gas ($1.09B), Refined Petroleum ($420M), Other Nuts ($94.1M) and Tomatoes ($93.7M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Valves ($256M), Other Large Iron Pipes ($255M), Iron Pipes ($217M), Packaged Medicaments ($214M) and Wheat ($213M).

The top export destinations of Azerbaijan are Italy ($2.86B), Turkey ($1.12B), Germany ($1.08B), Other Asia ($845M) and France ($705M). The top import origins are Russia ($1.48B), Turkey ($1.28B), China ($634M), the United Kingdom ($524M) and the United States ($461M).

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

Economic Complexity of Azerbaijan

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