2022
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GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
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GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

United Arab Emirates-Azerbaijan In 2022, United Arab Emirates exported $699M to Azerbaijan. The main products that United Arab Emirates exported to Azerbaijan are Broadcasting Equipment ($68.9M), Cars ($43.4M), and Antiknock ($27.2M). During the last 26 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 7.66%, from $103M in 1996 to $699M in 2022.

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

Azerbaijan-United Arab Emirates In 2022, Azerbaijan exported $73.7M to United Arab Emirates. The main products that Azerbaijan exported to United Arab Emirates were Refined Petroleum ($50.1M), Petroleum Resins ($6.22M), and Gold ($1.95M). During the last 26 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 13%, from $3.05M in 1996 to $73.7M in 2022.

In 2008, Azerbaijan exported services to United Arab Emirates worth $162M, with Transportation ($115M), Construction services ($31.6M), and Services not allocated ($14.1M) being the largest in terms of value.

Comparison In 2022,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 18 in total exports ($402B). That same year, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $699M to Azerbaijan. The main products exported from United Arab Emirates to Azerbaijan were Broadcasting Equipment ($68.9M), Cars ($43.4M), and Antiknock ($27.2M). During the last 26 years the exports of United Arab Emirates to Azerbaijan have increased at an annualized rate of 7.66%, from $103M in 1996 to $699M in 2022.

In 2022, Azerbaijan exported $73.7M to United Arab Emirates. The main products exported from Azerbaijan to United Arab Emirates were Refined Petroleum ($50.1M), Petroleum Resins ($6.22M), and Gold ($1.95M). During the last 26 years the exports of Azerbaijan to United Arab Emirates have increased at an annualized rate of 13%, from $3.05M in 1996 to $73.7M in 2022.

Exports from United Arab Emirates (Flag) to Azerbaijan (Flag) (2022)

Exports from Azerbaijan (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Azerbaijan (Flag)

United Arab Emirates Exports

Azerbaijan Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2021, countries that imported more from United Arab Emirates than Azerbaijan were India ($51B), Japan ($40.9B), and China ($32.5B).

In 2021, countries that imported more from Azerbaijan than United Arab Emirates were Italy ($18.3B), Greece ($1.51B), and Croatia ($990M).

Difference in imports from Azerbaijan (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Azerbaijan

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with Azerbaijan in the exports of Machines ($280M), Transportation ($97.6M), and Chemical Products ($90.7M).

During 2022, Azerbaijan had a large net trade with United Arab Emirates in the exports of Mineral Products ($50.1M), Plastics and Rubbers ($6.27M), and Metals ($4.67M).

Service Trade

Bilateral Service Trade

In 2008, Azerbaijan exported services to United Arab Emirates worth $162M, with Transportation ($115M), Construction services ($31.6M), and Services not allocated ($14.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Azerbaijan (Flag) to United Arab Emirates (Flag) (2008)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Arab Emirates has comparative advantage over Azerbaijan. Similarly, the more yellow a dot/product is, the more Azerbaijan has comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Azerbaijan (Flag) (2022)

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