Merchandise exports to low- and middle-income economies in Europe & in Azerbaijan
Azerbaijan: Merchandise exports to low- and middle-income economies in Europe & was 19.4% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Azerbaijan recorded 19.4% for merchandise exports to low- and middle-income economies in europe & in 2023.
Compared with earlier readings it is up 52.7% on the previous year and up 214.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in Azerbaijan peaked at 43.2% in 1998 and was at its lowest, 3.5%, in 2008.
Azerbaijan ranks 18th of 204 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Europe & in Azerbaijan, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1992 | 36.0% | — |
| 1993 | 28.7% | -20.4% |
| 1994 | 23.7% | -17.3% |
| 1995 | 26.2% | +10.4% |
| 1996 | 34.5% | +31.9% |
| 1997 | 30.6% | -11.4% |
| 1998 | 43.2% | +41.2% |
| 1999 | 21.5% | -50.2% |
| 2000 | 14.0% | -34.8% |
| 2001 | 9.2% | -34.3% |
| 2002 | 10.7% | +16.1% |
| 2003 | 11.3% | +5.2% |
| 2004 | 16.3% | +44.8% |
| 2005 | 20.6% | +26.5% |
| 2006 | 15.3% | -25.7% |
| 2007 | 27.1% | +77.2% |
| 2008 | 3.5% | -87.1% |
| 2009 | 6.1% | +74.5% |
| 2010 | 8.4% | +38.0% |
| 2011 | 10.3% | +21.9% |
| 2012 | 6.1% | -40.4% |
| 2013 | 6.2% | +0.7% |
| 2014 | 5.6% | -8.5% |
| 2015 | 16.4% | +190.2% |
| 2016 | 13.8% | -15.7% |
| 2017 | 15.8% | +14.6% |
| 2018 | 14.3% | -9.6% |
| 2019 | 20.1% | +40.2% |
| 2020 | 26.6% | +32.8% |
| 2021 | 19.6% | -26.3% |
| 2022 | 12.7% | -35.2% |
| 2023 | 19.4% | +52.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 19.4% is above the median for upper middle income countries, which is 0.9%, 21.3× the median. (59 countries reporting)
- Azerbaijan's 19.4% is above the median for Europe & Central Asia, which is 6.9%, 2.8× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.6% | 21.5% | 43.2% | 8 |
| 2000s | 13.4% | 3.5% | 27.1% | 10 |
| 2010s | 11.7% | 5.6% | 20.1% | 10 |
| 2020s | 19.6% | 12.7% | 26.6% | 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 to low- and middle-income economies in europe & in Azerbaijan?
- Merchandise exports to low- and middle-income economies in europe & in Azerbaijan was 19.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Azerbaijan?
- The highest recorded value was 43.2% in 1998.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Azerbaijan?
- The lowest recorded value was 3.5% in 2008.
- How does Azerbaijan rank for merchandise exports to low- and middle-income economies in europe &?
- Azerbaijan ranks 18th out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in Azerbaijan?
- Over the last ten years it is up 214.9%. 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 to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.