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2022
Flag → Flag
Exports $38.9MRnk 38 / 141
2022
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Top Product $33.1MCrude Petroleum
2022
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Exports $46.7MRnk 122 / 218
2022
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Top Product $20.7MPalm Oil
2022
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Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
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 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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GDP PC $7,737CURRENT US$
Rnk 87 / 186
2012-2022
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GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186
2022
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GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Azerbaijan-Malaysia In 2022, Azerbaijan exported $38.9M to Malaysia. The main products that Azerbaijan exported to Malaysia are Crude Petroleum ($33.1M), Gas Turbines ($5M), and Chocolate ($236k). During the last 26 years the exports of Azerbaijan to Malaysia have increased at an annualized rate of 46.3%, from $1.98k in 1996 to $38.9M in 2022.

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

Malaysia-Azerbaijan In 2022, Malaysia exported $46.7M to Azerbaijan. The main products that Malaysia exported to Azerbaijan were Palm Oil ($20.7M), Rubber Apparel ($2.28M), and Chlorides ($2.26M). During the last 26 years the exports of Malaysia to Azerbaijan have increased at an annualized rate of 23.7%, from $185k in 1996 to $46.7M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Azerbaijan exported $38.9M to Malaysia. The main products exported from Azerbaijan to Malaysia were Crude Petroleum ($33.1M), Gas Turbines ($5M), and Chocolate ($236k). During the last 26 years the exports of Azerbaijan to Malaysia have increased at an annualized rate of 46.3%, from $1.98k in 1996 to $38.9M in 2022.

In 2022, Malaysia exported $46.7M to Azerbaijan. The main products exported from Malaysia to Azerbaijan were Palm Oil ($20.7M), Rubber Apparel ($2.28M), and Chlorides ($2.26M). During the last 27 years the exports of Malaysia to Azerbaijan have increased at an annualized rate of 23.7%, from $185k in 1995 to $46.7M in 2022.

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

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

Latest Data

Trade between Azerbaijan (Flag) and Malaysia (Flag)

Azerbaijan Exports

Malaysia Exports

Market Competitiveness

Color
Azerbaijan
Top DestinationItaly$18.3B
Malaysia
Top DestinationSingapore$53.8B

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

In 2021, countries that imported more from Azerbaijan than Malaysia were Italy ($18.3B), Israel ($1.68B), and Greece ($1.51B).

In 2021, countries that imported more from Malaysia than Azerbaijan were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Azerbaijan - Malaysia

Flow
Scale

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

During 2022, Azerbaijan had a large net trade with Malaysia in the exports of Mineral Products ($33.1M), Machines ($5.26M), and Foodstuffs ($448k).

During 2022, Malaysia had a large net trade with Azerbaijan in the exports of Animal and Vegetable Bi-Products ($22.8M), Machines ($10.3M), and Chemical Products ($5.07M).

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

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

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