2022
Flag  
GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Azerbaijan-Canada In 2022, Azerbaijan exported $18.5M to Canada. The main products that Azerbaijan exported to Canada are Raw Aluminium ($17.1M), Fruit Juice ($374k), and Aluminium Plating ($260k). During the last 27 years the exports of Azerbaijan to Canada have increased at an annualized rate of 25.4%, from $40.8k in 1995 to $18.5M in 2022.

In 2022, Azerbaijan did not export any services to Canada.

Canada-Azerbaijan In 2022, Canada exported $10M to Azerbaijan. The main products that Canada exported to Azerbaijan were Cars ($1.59M), Packaged Medicaments ($1.42M), and Refined Petroleum ($713k). During the last 27 years the exports of Canada to Azerbaijan have increased at an annualized rate of 14.6%, from $252k in 1995 to $10M in 2022.

In 2022, Canada did not export any services to Azerbaijan.

Comparison In 2022,  Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $18.5M to Canada. The main products exported from Azerbaijan to Canada were Raw Aluminium ($17.1M), Fruit Juice ($374k), and Aluminium Plating ($260k). During the last 27 years the exports of Azerbaijan to Canada have increased at an annualized rate of 25.4%, from $40.8k in 1995 to $18.5M in 2022.

In 2022, Canada exported $10M to Azerbaijan. The main products exported from Canada to Azerbaijan were Cars ($1.59M), Packaged Medicaments ($1.42M), and Refined Petroleum ($713k). During the last 27 years the exports of Canada to Azerbaijan have increased at an annualized rate of 14.6%, from $252k in 1995 to $10M in 2022.

Exports from Azerbaijan (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Azerbaijan (Flag) (2022)

Latest Data

Trade between Azerbaijan (Flag) and Canada (Flag)

Azerbaijan Exports

Canada Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Azerbaijan than Canada were Italy ($18.3B), Turkey ($3.57B), and Greece ($1.51B).

In 2021, countries that imported more from Canada than Azerbaijan were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada (Flag) and Azerbaijan (Flag) (2022)

Comparative Advantage Azerbaijan - Canada

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Canada in the exports of Metals ($17.3M), Foodstuffs ($451k), and Animal Products ($225k).

During 2022, Canada had a large net trade with Azerbaijan in the exports of Machines ($1.93M), Transportation ($1.69M), and Chemical Products ($1.63M).

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

Product Space of Azerbaijan (Flag) and Canada (Flag) (2022)

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