Azerbaijan (AZE) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Azerbaijan-Russia In 2022, Azerbaijan exported $974M to Russia. The main products that Azerbaijan exported to Russia are Other Fruits ($163M), Tomatoes ($162M), and Propylene Polymers ($96.5M). During the last 26 years the exports of Azerbaijan to Russia have increased at an annualized rate of 7.83%, from $137M in 1996 to $974M in 2022.

In 2008, Azerbaijan exported services to Russia worth $229M, with Transportation ($118M), Services not allocated ($62M), and Travel ($27.4M) being the largest in terms of value.

Russia-Azerbaijan In 2022, Russia exported $2.52B to Azerbaijan. The main products that Russia exported to Azerbaijan were Wheat ($294M), Refined Petroleum ($280M), and Crude Petroleum ($116M). During the last 26 years the exports of Russia to Azerbaijan have increased at an annualized rate of 10.1%, from $207M in 1996 to $2.52B in 2022.

In 2020, Russia exported services to Azerbaijan worth $227M, with Travel ($122M), Transportation ($41.6M), and Other business services ($29.1M) being the largest in terms of value.

Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $974M to Russia. The main products exported from Azerbaijan to Russia were Other Fruits ($163M), Tomatoes ($162M), and Propylene Polymers ($96.5M). During the last 26 years the exports of Azerbaijan to Russia have increased at an annualized rate of 7.83%, from $137M in 1996 to $974M in 2022.

In 2022, Russia exported $2.52B to Azerbaijan. The main products exported from Russia to Azerbaijan were Wheat ($294M), Refined Petroleum ($280M), and Crude Petroleum ($116M). During the last 26 years the exports of Russia to Azerbaijan have increased at an annualized rate of 10.1%, from $207M in 1996 to $2.52B in 2022.

Exports from Azerbaijan () to Russia () (2022)

Exports from Russia () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Russia ()

Azerbaijan Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Azerbaijan than Russia were Israel ($1.68B), Croatia ($990M), and Portugal ($757M).

In 2021, countries that imported more from Russia than Azerbaijan were China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Russia in the exports of Vegetable Products ($589M), Plastics and Rubbers ($153M), and Mineral Products ($62.2M).

During 2022, Russia had a large net trade with Azerbaijan in the exports of Mineral Products ($433M), Vegetable Products ($378M), and Metals ($360M).

Service Trade

Bilateral Service Trade

Rus Year

Aze Year

In 2008, Azerbaijan exported services to Russia worth $229M, with Transportation ($118M), Services not allocated ($62M), and Travel ($27.4M) being the largest in terms of value.

In 2020, Russia exported services to Azerbaijan worth $227M, with Travel ($122M), Transportation ($41.6M), and Other business services ($29.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Azerbaijan () to Russia () (2008)

Services Exports from Russia () to Azerbaijan () (2020)

Economic Complexity

Competitive Landscape

Year

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 Azerbaijan has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Azerbaijan.

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Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Russia () (2022)

Exports from Russia () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Russia ()

Azerbaijan Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Russia

Service Trade

Bilateral Service Trade

Services Exports from Azerbaijan () to Russia () (2008)

Services Exports from Russia () to Azerbaijan () (2020)

Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Russia () (2022)

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