Azerbaijan (AZE) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Azerbaijan-Switzerland In 2022, Azerbaijan exported $420M to Switzerland. The main products that Azerbaijan exported to Switzerland are Crude Petroleum ($220M), Gold ($186M), and Copper Ore ($6.42M). During the last 27 years the exports of Azerbaijan to Switzerland have increased at an annualized rate of 30.2%, from $337k in 1995 to $420M in 2022.

In 2008, Azerbaijan exported services to Switzerland worth $91M, with Transportation ($71.9M), Services not allocated ($16.8M), and Construction services ($2.3M) being the largest in terms of value.

Switzerland-Azerbaijan In 2022, Switzerland exported $89.7M to Azerbaijan. The main products that Switzerland exported to Azerbaijan were Packaged Medicaments ($35.4M), Integrated Circuits ($13M), and Base Metal Watches ($6.93M). During the last 27 years the exports of Switzerland to Azerbaijan have increased at an annualized rate of 18.1%, from $996k in 1995 to $89.7M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $420M to Switzerland. The main products exported from Azerbaijan to Switzerland were Crude Petroleum ($220M), Gold ($186M), and Copper Ore ($6.42M). During the last 27 years the exports of Azerbaijan to Switzerland have increased at an annualized rate of 30.2%, from $337k in 1995 to $420M in 2022.

In 2022, Switzerland exported $89.7M to Azerbaijan. The main products exported from Switzerland to Azerbaijan were Packaged Medicaments ($35.4M), Integrated Circuits ($13M), and Base Metal Watches ($6.93M). During the last 27 years the exports of Switzerland to Azerbaijan have increased at an annualized rate of 18.1%, from $996k in 1995 to $89.7M in 2022.

Exports from Azerbaijan () to Switzerland () (2022)

Exports from Switzerland () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Switzerland ()

Azerbaijan Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Switzerland
Top DestinationUnited States$61.7B

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

In 2021, countries that imported more from Azerbaijan than Switzerland were Greece ($1.51B), Croatia ($990M), and Georgia ($645M).

In 2021, countries that imported more from Switzerland than Azerbaijan were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage Azerbaijan - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Switzerland in the exports of Mineral Products ($226M), Precious Metals ($190M), and Vegetable Products ($1.88M).

During 2022, Switzerland had a large net trade with Azerbaijan in the exports of Chemical Products ($40.1M), Machines ($24.4M), and Instruments ($13.6M).

Service Trade

Bilateral Service Trade

Aze Year

In 2008, Azerbaijan exported services to Switzerland worth $91M, with Transportation ($71.9M), Services not allocated ($16.8M), and Construction services ($2.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Switzerland () (2022)

Exports from Switzerland () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Switzerland ()

Azerbaijan Exports

Switzerland Exports

Market Competitiveness

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

Comparative Advantage Azerbaijan - Switzerland

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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