Merchandise exports by the reporting economy in Azerbaijan
Azerbaijan: Merchandise exports by the reporting economy was 33.90 billion current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Azerbaijan recorded 33.90 billion current US$ for merchandise exports by the reporting economy in 2023.
The figure is down 11.1% on the previous year and up 41.4% over ten years.
Over the whole period, merchandise exports by the reporting economy in Azerbaijan peaked at 47.76 billion current US$ in 2008 and was at its lowest, 546.34 million current US$, in 1995.
Azerbaijan ranks 62nd of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Azerbaijan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1992 | 1.55 billion current US$ | — |
| 1993 | 992.75 million current US$ | -36.0% |
| 1994 | 636.50 million current US$ | -35.9% |
| 1995 | 546.34 million current US$ | -14.2% |
| 1996 | 630.88 million current US$ | +15.5% |
| 1997 | 781.31 million current US$ | +23.8% |
| 1998 | 606.96 million current US$ | -22.3% |
| 1999 | 915.96 million current US$ | +50.9% |
| 2000 | 1.74 billion current US$ | +89.5% |
| 2001 | 2.31 billion current US$ | +33.2% |
| 2002 | 2.16 billion current US$ | -6.4% |
| 2003 | 2.59 billion current US$ | +19.7% |
| 2004 | 3.61 billion current US$ | +39.5% |
| 2005 | 4.35 billion current US$ | +20.3% |
| 2006 | 6.37 billion current US$ | +46.4% |
| 2007 | 6.06 billion current US$ | -4.9% |
| 2008 | 47.76 billion current US$ | +688.5% |
| 2009 | 14.55 billion current US$ | -69.5% |
| 2010 | 21.36 billion current US$ | +46.8% |
| 2011 | 26.57 billion current US$ | +24.4% |
| 2012 | 23.91 billion current US$ | -10.0% |
| 2013 | 23.97 billion current US$ | +0.3% |
| 2014 | 21.83 billion current US$ | -9.0% |
| 2015 | 12.73 billion current US$ | -41.7% |
| 2016 | 13.46 billion current US$ | +5.7% |
| 2017 | 15.32 billion current US$ | +13.8% |
| 2018 | 19.46 billion current US$ | +27.0% |
| 2019 | 19.63 billion current US$ | +0.9% |
| 2020 | 13.74 billion current US$ | -30.0% |
| 2021 | 22.21 billion current US$ | +61.6% |
| 2022 | 38.15 billion current US$ | +71.8% |
| 2023 | 33.90 billion current US$ | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 832.72 million current US$ | 546.34 million current US$ | 1.55 billion current US$ | 8 |
| 2000s | 9.15 billion current US$ | 1.74 billion current US$ | 47.76 billion current US$ | 10 |
| 2010s | 19.82 billion current US$ | 12.73 billion current US$ | 26.57 billion current US$ | 10 |
| 2020s | 27.00 billion current US$ | 13.74 billion current US$ | 38.15 billion current US$ | 4 |
Countries ranked near Azerbaijan
More private sector data for Azerbaijan
- Merchandise trade 65.1% (2025)
- Food imports 12.4% (2025)
- Manufactures imports 53.0% (2025)
- Merchandise imports 24.38 billion current US$ (2025)
- Food exports 5.2% (2025)
- Manufactures exports 5.3% (2025)
- Merchandise exports 25.04 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,444 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3298 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.69 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Azerbaijan?
- Merchandise exports by the reporting economy in Azerbaijan was 33.90 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Azerbaijan?
- The highest recorded value was 47.76 billion current US$ in 2008.
- What is the lowest merchandise exports by the reporting economy recorded in Azerbaijan?
- The lowest recorded value was 546.34 million current US$ in 1995.
- How does Azerbaijan rank for merchandise exports by the reporting economy?
- Azerbaijan ranks 62nd out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Azerbaijan?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.