Products Imported from China to Azerbaijan

In the calendar year of 2023, China exported goods worth US$1.51 billion to Azerbaijan. Among the main exports from China to Azerbaijan were Broadcasting Equipment (US$80.2 million), Computers (US$68.4 million), Cars (US$52.2 million), Air Conditioners (US$40.46 million) and Large Construction Vehicles (US$39.74 million). Over the span of 28 years, China’s exports to Azerbaijan have grown steadily at an annualized rate of 30.8%, rising from US$1.07 million in 1995 to US$1.51 billion in 2023.

List of All Products That Were Imported from China to Azerbaijan

The table below presents a comprehensive list of all commodities that were exported from China to Azerbaijan in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Azerbaijan market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Azerbaijan.

Trade Agreements between China and Azerbaijan

China and Azerbaijan have established several trade agreements and collaborative projects, primarily focusing on infrastructure, energy, and economic development. These agreements are part of broader strategic initiatives, such as the Belt and Road Initiative (BRI), and are designed to enhance bilateral relations, increase trade, and facilitate investment between the two nations. Here’s a brief overview:

1. Belt and Road Initiative (BRI): Azerbaijan has been a key partner in China’s Belt and Road Initiative since its inception. The BRI, launched in 2013, is a vast infrastructure and economic project aiming to enhance regional connectivity and embrace a brighter economic future by building trade and investment ties across Europe, Asia, and beyond. Through the BRI, China has been involved in several substantial projects in Azerbaijan, including road and railway construction.
2. Trans-Caspian International Transport Route (TITR): Although not a bilateral trade agreement directly between China and Azerbaijan, the TITR is a significant multilateral project that includes both countries. This route is part of a larger strategy to improve connectivity between Asia and Europe, facilitating faster and more efficient trade routes. China and Azerbaijan benefit from this arrangement through increased trade flow and economic opportunities.
3. Trade and Economic Cooperation Agreement: In 2005, China and Azerbaijan signed a bilateral agreement to enhance economic cooperation, which includes terms to bolster trade relations, expand mutual investment, and foster collaboration across various sectors, including technology and energy.
4. Forum on China-Azerbaijan Cooperation (2021): This forum marked an elevation in bilateral relations, focusing on sectors like agriculture, energy, technology, and education. The forum aimed to deepen ties and explore new avenues for cooperation, aligning with both countries’ development goals.

These agreements and initiatives reflect a growing partnership characterized by strategic alignment on major economic projects and mutual benefits. The relationship is geared towards exploiting the geographic and strategic potential of Azerbaijan to bridge Europe and Asia, which also aligns with China’s ambitions to assert its influence across critical global trade routes. The cooperation extends beyond mere economic terms, incorporating aspects of cultural and educational exchange, thereby broadening the scope of bilateral interactions.