Merchandise exports to high-income economies in Azerbaijan
Azerbaijan: Merchandise exports to high-income economies was 74.6% in 2023. ▲ Rising
Merchandise exports to high-income economies in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Azerbaijan recorded 74.6% for merchandise exports to high-income economies in 2023.
The figure is down 3.5% on the previous year and up 15.7% over ten years.
Over the whole period, merchandise exports to high-income economies in Azerbaijan peaked at 87.6% in 2001 and was at its lowest, 29.5%, in 1996.
Azerbaijan ranks 75th of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Merchandise exports to high-income economies in Azerbaijan, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1992 | 48.6% | — |
| 1993 | 47.4% | -2.5% |
| 1994 | 38.1% | -19.8% |
| 1995 | 43.4% | +14.1% |
| 1996 | 29.5% | -32.0% |
| 1997 | 44.5% | +50.9% |
| 1998 | 48.6% | +9.1% |
| 1999 | 73.8% | +51.8% |
| 2000 | 83.7% | +13.5% |
| 2001 | 87.6% | +4.6% |
| 2002 | 86.7% | -1.0% |
| 2003 | 85.3% | -1.7% |
| 2004 | 74.2% | -13.1% |
| 2005 | 71.6% | -3.5% |
| 2006 | 78.1% | +9.2% |
| 2007 | 53.5% | -31.6% |
| 2008 | 85.3% | +59.6% |
| 2009 | 81.1% | -4.9% |
| 2010 | 77.7% | -4.2% |
| 2011 | 79.2% | +2.0% |
| 2012 | 70.3% | -11.3% |
| 2013 | 64.5% | -8.2% |
| 2014 | 71.9% | +11.4% |
| 2015 | 69.4% | -3.4% |
| 2016 | 73.8% | +6.3% |
| 2017 | 72.5% | -1.8% |
| 2018 | 75.0% | +3.5% |
| 2019 | 67.9% | -9.5% |
| 2020 | 61.1% | -10.0% |
| 2021 | 72.0% | +17.7% |
| 2022 | 77.3% | +7.4% |
| 2023 | 74.6% | -3.5% |
Azerbaijan compared with similar countries
- Azerbaijan's 74.6% is above the median for upper middle income countries, which is 65.7%, 1.1× the median. (59 countries reporting)
- Azerbaijan's 74.6% is below the median for Europe & Central Asia, which is 83.1%, 90% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.7% | 29.5% | 73.8% | 8 |
| 2000s | 78.7% | 53.5% | 87.6% | 10 |
| 2010s | 72.2% | 64.5% | 79.2% | 10 |
| 2020s | 71.2% | 61.1% | 77.3% | 4 |
Countries ranked near Azerbaijan
- 72 Costa Rica 75.3% compare
- 73 Bahrain 74.9% compare
- 74 Chad 74.7% compare
- 76 Madagascar 74.5% compare
- 77 Saint Vincent and the Grenadines 74.4% compare
- 78 Serbia 74.2% compare
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 to high-income economies in Azerbaijan?
- Merchandise exports to high-income economies in Azerbaijan was 74.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Azerbaijan?
- The highest recorded value was 87.6% in 2001.
- What is the lowest merchandise exports to high-income economies recorded in Azerbaijan?
- The lowest recorded value was 29.5% in 1996.
- How does Azerbaijan rank for merchandise exports to high-income economies?
- Azerbaijan ranks 75th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Azerbaijan?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this Azerbaijan data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.