Merchandise exports to low- and middle-income economies outside region in Azerbaijan
Azerbaijan: Merchandise exports to low- and middle-income economies outside region was 6.0% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies outside region in Azerbaijan is 6.0%, measured in 2023.
Compared with earlier readings it is down 40.2% on the previous year and down 79.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Azerbaijan peaked at 38.2% in 1994 and was at its lowest, 2.3%, in 2000.
That places Azerbaijan 139th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Azerbaijan, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1992 | 15.3% | — |
| 1993 | 23.9% | +55.9% |
| 1994 | 38.2% | +60.1% |
| 1995 | 30.4% | -20.5% |
| 1996 | 36.0% | +18.2% |
| 1997 | 24.9% | -30.8% |
| 1998 | 8.2% | -67.0% |
| 1999 | 4.7% | -42.5% |
| 2000 | 2.3% | -51.8% |
| 2001 | 3.2% | +41.1% |
| 2002 | 2.6% | -20.3% |
| 2003 | 3.4% | +34.1% |
| 2004 | 9.5% | +178.2% |
| 2005 | 7.8% | -18.0% |
| 2006 | 6.6% | -16.2% |
| 2007 | 19.4% | +196.1% |
| 2008 | 11.2% | -42.3% |
| 2009 | 12.8% | +14.1% |
| 2010 | 13.9% | +8.6% |
| 2011 | 10.5% | -24.5% |
| 2012 | 23.6% | +125.0% |
| 2013 | 29.3% | +24.4% |
| 2014 | 22.5% | -23.4% |
| 2015 | 14.2% | -36.7% |
| 2016 | 12.4% | -12.8% |
| 2017 | 11.7% | -5.7% |
| 2018 | 10.7% | -8.8% |
| 2019 | 12.0% | +12.7% |
| 2020 | 12.3% | +1.9% |
| 2021 | 8.4% | -31.2% |
| 2022 | 10.0% | +18.8% |
| 2023 | 6.0% | -40.2% |
Azerbaijan compared with similar countries
- Azerbaijan's 6.0% is below the median for upper middle income countries, which is 9.6%, 62% of the median. (59 countries reporting)
- Azerbaijan's 6.0% is below the median for Europe & Central Asia, which is 9.2%, 65% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.7% | 4.7% | 38.2% | 8 |
| 2000s | 7.9% | 2.3% | 19.4% | 10 |
| 2010s | 16.1% | 10.5% | 29.3% | 10 |
| 2020s | 9.2% | 6.0% | 12.3% | 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 outside region in Azerbaijan?
- Merchandise exports to low- and middle-income economies outside region in Azerbaijan was 6.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Azerbaijan?
- The highest recorded value was 38.2% in 1994.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Azerbaijan?
- The lowest recorded value was 2.3% in 2000.
- How does Azerbaijan rank for merchandise exports to low- and middle-income economies outside region?
- Azerbaijan ranks 139th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Azerbaijan?
- Over the last ten years it is down 79.6%. 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 outside region (% 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 outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.