ECONANO

Azerbaijan is the 68th largest export economy in the world and the 102nd most complex economy according to the Economic Complexity Index (ECI). In 2013, Azerbaijan exported $28.6B and imported $15.2B, result-ing in a positive trade balance of $13.4B. In 2013, the GDP of Azerbaijan was $73.6B and its GDP per capita was $7.81k. 

The top exports of Azerbaijan are Crude Petroleum ($24.8B), Refined Petroleum ($964M), Petroleum Gas ($850M), Raw Sugar ($242M) and Jewellery ($116M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($982M), Gold ($930M), Wheat ($421M), Planes, Helicopters, and/or Spacecraft ($383M) and Rolled Tobacco ($297M). The top export destinations of Azerbaijan are Italy ($8.08B), Indonesia ($2.51B), Germany ($2.01B), Thailand ($1.68B) and France ($1.64B). The top import origins are Turkey ($2.57B), Russia ($2.02B), the United Kingdom ($1.42B), Germany ($1.05B) and Ukraine ($876M). 

Azerbaijan holds 24 exhibitions in different categories as telecommunication and IT, flower and landscape, education and career, travel and tourism, hospitality, aqua technologies, furniture and home textile and house ware, agriculture, road infrastructure, transport and logistics, plastics and rubber, packaging, food, oil and gas, power and alternative energy, beauty and health, stomatology, health care, defense and military, construction, heating and sanitation, security and rescue.

 

Except Pakistan, all ECO countries are export destinations of Azerbaijan. The export volume of Azerbaijan to these countries constitutes Turkey 1.7%, Afghanistan 0.72%, Kazakhstan 0.27%, Iran 0.24%, Turkmenistan 0.14%, Tajikistan 0.05%, Kyrgyzstan 0.04%, Uzbekistan 0.04%. On the other hand, Azerbaijan imports from all ECO countries as Kyrgyzstan $4M, Afghanistan $0.14M, Tajikistan $0.42M, Uzbekistan $10.6M, Pakistan $16M, Turkmenistan $45M, Kazakhstan $0.29M, Azerbaijan $2568M, Iran $189M.