2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Azerbaijan-United Kingdom In 2022, Azerbaijan exported $373M to United Kingdom. The main products that Azerbaijan exported to United Kingdom are Crude Petroleum ($345M), Raw Aluminium ($7.38M), and Nitrogenous Fertilizers ($3.85M). During the last 27 years the exports of Azerbaijan to United Kingdom have increased at an annualized rate of 14.7%, from $9.1M in 1995 to $373M in 2022.

In 2008, Azerbaijan exported services to United Kingdom worth $143M, with Transportation ($75.6M), Services not allocated ($45.6M), and Travel ($19.3M) being the largest in terms of value.

United Kingdom-Azerbaijan In 2022, United Kingdom exported $498M to Azerbaijan. The main products that United Kingdom exported to Azerbaijan were Cars ($238M), Gas Turbines ($79.6M), and Valves ($16.6M). During the last 27 years the exports of United Kingdom to Azerbaijan have increased at an annualized rate of 12.8%, from $19.4M in 1995 to $498M in 2022.

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

Comparison In 2022,  Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $373M to United Kingdom. The main products exported from Azerbaijan to United Kingdom were Crude Petroleum ($345M), Raw Aluminium ($7.38M), and Nitrogenous Fertilizers ($3.85M). During the last 27 years the exports of Azerbaijan to United Kingdom have increased at an annualized rate of 14.7%, from $9.1M in 1995 to $373M in 2022.

In 2022, United Kingdom exported $498M to Azerbaijan. The main products exported from United Kingdom to Azerbaijan were Cars ($238M), Gas Turbines ($79.6M), and Valves ($16.6M). During the last 27 years the exports of United Kingdom to Azerbaijan have increased at an annualized rate of 12.8%, from $19.4M in 1995 to $498M in 2022.

Exports from Azerbaijan (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and United Kingdom (Flag)

Azerbaijan Exports

United Kingdom Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
United Kingdom
Top Destination
United States$61.8B

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

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

In 2021, countries that imported more from United Kingdom than Azerbaijan were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - United Kingdom

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with United Kingdom in the exports of Mineral Products ($346M), Metals ($10.9M), and Machines ($7.86M).

During 2022, United Kingdom had a large net trade with Azerbaijan in the exports of Transportation ($247M), Machines ($153M), and Metals ($31.8M).

Service Trade

Bilateral Service Trade

In 2008, Azerbaijan exported services to United Kingdom worth $143M, with Transportation ($75.6M), Services not allocated ($45.6M), and Travel ($19.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Azerbaijan (Flag) to United Kingdom (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 Azerbaijan has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Azerbaijan.

Product Space of Azerbaijan (Flag) and United Kingdom (Flag) (2022)

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