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
$219BCURRENT US$
Rnk 54 / 186
2012-2022
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GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
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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
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Azerbaijan-Greece In 2022, Azerbaijan exported $1.51B to Greece. The main products that Azerbaijan exported to Greece are Petroleum Gas ($1.24B), Crude Petroleum ($267M), and Nitrogenous Fertilizers ($1.92M). During the last 27 years the exports of Azerbaijan to Greece have increased at an annualized rate of 31.2%, from $984k in 1995 to $1.51B in 2022.

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

Greece-Azerbaijan In 2022, Greece exported $27.2M to Azerbaijan. The main products that Greece exported to Azerbaijan were Aluminium Oxide ($9.79M), Raw Tobacco ($6.92M), and Packaged Medicaments ($1.56M). During the last 27 years the exports of Greece to Azerbaijan have increased at an annualized rate of 9.68%, from $2.24M in 1995 to $27.2M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $1.51B to Greece. The main products exported from Azerbaijan to Greece were Petroleum Gas ($1.24B), Crude Petroleum ($267M), and Nitrogenous Fertilizers ($1.92M). During the last 27 years the exports of Azerbaijan to Greece have increased at an annualized rate of 31.2%, from $984k in 1995 to $1.51B in 2022.

In 2022, Greece exported $27.2M to Azerbaijan. The main products exported from Greece to Azerbaijan were Aluminium Oxide ($9.79M), Raw Tobacco ($6.92M), and Packaged Medicaments ($1.56M). During the last 27 years the exports of Greece to Azerbaijan have increased at an annualized rate of 9.68%, from $2.24M in 1995 to $27.2M in 2022.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Greece (Flag)

Azerbaijan Exports

Greece Exports

Market Competitiveness

Color
Azerbaijan
Top Destination
Italy$18.3B
Greece
Top Destination
Italy$5.82B

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

In 2021, countries that imported more from Azerbaijan than Greece were Italy ($18.3B), India ($1.64B), and Turkey ($3.57B).

In 2021, countries that imported more from Greece than Azerbaijan were Bulgaria ($3.62B), Cyprus ($2.92B), and Germany ($3.45B).

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

Comparative Advantage Azerbaijan - Greece

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Greece in the exports of Mineral Products ($1.51B), Chemical Products ($1.93M), and Plastics and Rubbers ($349k).

During 2022, Greece had a large net trade with Azerbaijan in the exports of Chemical Products ($12.5M), Foodstuffs ($7.31M), and Metals ($1.32M).

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

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

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