Israel-Azerbaijan Bilateral Trade Analysis 2023
Complete trade statistics: $1.40B total volume •Israel deficit: $1.40B
Israel → Azerbaijan
$0
Exports (2023)
Azerbaijan → Israel
$1.40B
Imports (2023)
Trade Balance
$1.40B
Deficit for Israel
Total Trade
$1.40B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Israel and Azerbaijan. Green line shows exports from Israel, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Israel-Azerbaijan commercial relationship and competitive positioning in global markets.
Israel → Azerbaijan Exports
Export Market Intelligence
🎯 Strategic Export Focus
Israel's export portfolio to Azerbaijan demonstrates strategic specialization, with reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors representing a key competitive advantage in this bilateral market.
Azerbaijan → Israel Imports
Import Dependency Profile
📦 Import Strategy Analysis
Israel's import pattern from Azerbaijan reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Israel demonstrates competitive strength in exportingreception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors to Azerbaijan, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.40B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Israel-Azerbaijan Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.40 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Israel maintains a deficit of $1.40 billion
- Export Focus: Israel's primary exports include reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors, bromides and bromide oxides: other than item no. 2827.51, aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
- Import Dependencies: Key imports from Azerbaijan include oils: petroleum oils and oils obtained from bituminous minerals, crude, alcohols: saturated monohydric, methanol (methyl alcohol), petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.40B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Israel leveraging its comparative advantages in reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Israel's specialization in reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectorscomplements Azerbaijan's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.40B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.40B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.40 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Israel's trade deficit of $1.40 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Israel and Azerbaijan represents a total trade volume of $1.40 billion in 2023. This partnership demonstrates an unfavorable trade balance for Israel, with imports exceeding exportsby $1.40 billion.
Export Strengths
Israel's exports to Azerbaijan total $0.00, with competitive advantages in reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors, representing $56.59M orInfinity% of bilateral exports.
Import Dependencies
Imports from Azerbaijan amount to $1.40 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising99.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Israel's strategic sourcing from Azerbaijan. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Israel and Azerbaijan in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023