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Azerbaijan: Trade Statistics

Exporter Rank

65 / 138

Importer Rank

85 / 138

Trade Balance Rank

26 / 138

Total Trade [1]

Total Exports (2021) $22,206,671,115
Total Imports (2021) $11,698,496,223
Trade Balance (2021) $10,508,174,892
Exports of goods and services (% of GDP) (2022) [2] 60.05%
Imports of goods and services (% of GDP) (2022) [2] 27.03%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Italy $9,243,521,374
Turkey $2,818,136,001
Russia $920,819,534
Israel $898,096,979
Croatia $751,278,748
Georgia $661,080,660
Germany $650,258,950
India $594,430,923
Portugal $587,440,314
Tunisia $577,312,210

Import Partners

Top 10 Import Countries

Country Import USD$
Russia $2,073,247,570
Turkey $1,843,664,119
China $1,639,491,930
Germany $632,748,046
Ukraine $468,864,039
United States $442,537,657
Italy $419,409,162
Iran $397,523,536
United Kingdom $271,085,372
Japan $259,021,760

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $19,631,204,365
(39) Plastics $442,187,967
(08) Fruit & Nuts $410,127,216
(52) Cotton $273,002,789
(07) Vegetables $220,240,596
(71) Precious Stones & Metals $205,620,602
(76) Aluminum $188,529,235
(31) Fertilizers $121,289,050
(29) Organic Chemicals $99,756,487
(72) Iron & Steel $88,792,910

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $1,763,638,304
(87) Motor Vehicles & Parts $1,165,116,615
(85) Electrical Machinery $985,465,935
(30) Pharmaceuticals $528,566,586
(73) Iron & Steel Articles $523,869,529
(10) Cereals $388,606,723
(39) Plastics $387,950,539
(72) Iron & Steel $344,060,713
(27) Oil & Mineral Fuels $333,993,705
(44) Wood $324,152,303

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Azerbaijan