{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:20.973Z", "seo": { "title": "Iceland exports to Azerbaijan: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland to Azerbaijan, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "ISL", "country_name": "Iceland" }, "importer": { "iso3": "AZE", "country_name": "Azerbaijan" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "AZE", "all_history_lane_count": 9, "current_lane_count": 1, "current_product_count": 1, "first_observed_last_year": 1998, "latest_data_year": 2024, "current_trade_usd": 74105.61572728693, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 0, "unrecovered_drawdown_trade_usd": 0, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 0, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 0, "unrecovered_drawdown_lane_count": 0, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.761094523902825, "trade_weighted_below_peak_pct": 0, "product_concentration_hhi": 10000, "top1_product_share_pct": 100, "top3_product_share_pct": 100, "top_product_hs6": "220860", "top_product_trade_usd": 74105.61572728693, "top_product_description": "Vodka", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 5192.9775390625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 9.781613727203064, "avg_mfn_tariff_pct": 9.781613727203064, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 3.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 54622.176471, "buyer_gdp_pc_latest": 5384, "buyer_population_latest": 10145.212, "buyer_gdp_5y_cagr_pct": 9.0569535704234, "buyer_gdp_pc_5y_cagr_pct": 8.672559409025471, "buyer_population_5y_cagr_pct": 0.35371777704353846, "buyer_investment_5y_avg_pct": 29.036, "buyer_savings_5y_avg_pct": 40.227999999999994, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "concentrated_product_mix" ], "attention_level": "Stable", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 54622.176471, "buyer_gdp_pc_2024": 5384, "buyer_population_2024": 10145.212 }, "history": [ { "year": 1995, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 113274.3507292559, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 4233.7040363415845, "yoy_growth_pct": -96.26243363207543, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 1941.5807363398437, "yoy_growth_pct": -54.13990397832351, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 715768.4685847837, "yoy_growth_pct": 36765.243622786926, "cagr_3y_pct": 84.87591099919263 }, { "year": 2001, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 2651.5010039984577, "yoy_growth_pct": -99.62955884194773, "cagr_3y_pct": -14.442694157354552 }, { "year": 2002, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 42397.57511188027, "yoy_growth_pct": 1499.0027930573974, "cagr_3y_pct": 179.50860837682563 }, { "year": 2003, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 15650.41229899552, "yoy_growth_pct": -63.08653912942748, "cagr_3y_pct": -72.03695852545142 }, { "year": 2004, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 3505.4939861663006, "yoy_growth_pct": -77.60126749893169, "cagr_3y_pct": 9.75369329493292 }, { "year": 2005, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 142773.1927872601, "yoy_growth_pct": 3972.840899190946, "cagr_3y_pct": 49.88858202708517 }, { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 6032154.166546133, "yoy_growth_pct": 4124.990734454173, "cagr_3y_pct": 627.7500038667295 }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 2169263.9053681083, "yoy_growth_pct": -64.03832121203598, "cagr_3y_pct": 752.159822989005 }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 499543.38970222994, "yoy_growth_pct": -76.97175578932334, "cagr_3y_pct": 51.812960071532956 }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 47017.82941057219, "yoy_growth_pct": -90.58783873837291, "cagr_3y_pct": -80.17270897744989 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 43099.815027015364, "yoy_growth_pct": -8.333039684464548, "cagr_3y_pct": -72.91548859864379 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 312092.8406445328, "yoy_growth_pct": 624.1164270633416, "cagr_3y_pct": -14.51232025325857 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 197575.62977111066, "yoy_growth_pct": -36.69331556498435, "cagr_3y_pct": 61.370297499748276 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 403734.9382825064, "yoy_growth_pct": 104.34450278621368, "cagr_3y_pct": 110.80147362758836 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 1031714.0741230357, "yoy_growth_pct": 155.54243051442623, "cagr_3y_pct": 48.96760983380777 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 1864189.9517691927, "yoy_growth_pct": 80.68862280024314, "cagr_3y_pct": 111.3094546903754 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 2687060.41985201, "yoy_growth_pct": 44.140913177966624, "cagr_3y_pct": 88.10212391914327 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 2967791.567164571, "yoy_growth_pct": 10.447518977932857, "cagr_3y_pct": 42.2191287642683 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 1316145.7480843929, "yoy_growth_pct": -55.652352319949514, "cagr_3y_pct": -10.956010974144824 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 2778539.5160438265, "yoy_growth_pct": 111.11184077355416, "cagr_3y_pct": 1.1221702982786352 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 1941705.1652951457, "yoy_growth_pct": -30.117777556037506, "cagr_3y_pct": -13.187293429846193 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 3168602.4110895353, "yoy_growth_pct": 63.18658814547147, "cagr_3y_pct": 34.02564967075876 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 1601002.235993498, "yoy_growth_pct": -49.47292123523356, "cagr_3y_pct": -16.786883612059857 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 3543752.791080282, "yoy_growth_pct": 121.34589892569481, "cagr_3y_pct": 22.206238699183945 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "AZE", "export_value_usd": 3885217.324855482, "yoy_growth_pct": 9.635675903654327, "cagr_3y_pct": 7.03254598191656 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "AZE", "hs_code": "220860", "hs_description": "Vodka", "buyer_imports_latest_usd": 10724904.075158384, "current_below_peak_pct": 0, "lane_volatility_cv": 0.761094523902825, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "AZE", "distance_km": 5197, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 54622.176471000006, "importer_gdp_per_capita_usd": 5384.034998085797, "importer_population": 10145.212, "importer_biz_entry_days": 3.5, "importer_biz_entry_cost_pct": 1.2, "exporter_gdp_million_usd": 25458.933915999998, "exporter_gdp_per_capita_usd": 68383.7653366282, "avg_applied_tariff_pct": 9.781613727203064, "avg_mfn_tariff_pct": 9.781613727203064, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/ISL-AZE/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-AZE/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-AZE/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-AZE/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-AZE/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }