Merchandise exports to low- and middle-income economies within region in Azerbaijan
Azerbaijan: Merchandise exports to low- and middle-income economies within region was 19.4% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies within region in Azerbaijan stood at 19.4%.
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 within region in Azerbaijan peaked at 43.2% in 1998 and was at its lowest, 3.5%, in 2008.
Azerbaijan ranks 85th of 203 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 to low- and middle-income economies within region 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 15.5%, 1.2× 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 within region in Azerbaijan?
- Merchandise exports to low- and middle-income economies within region 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 within region recorded in Azerbaijan?
- The highest recorded value was 43.2% in 1998.
- What is the lowest merchandise exports to low- and middle-income economies within region 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 within region?
- Azerbaijan ranks 85th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region 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 within 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.