Merchandise imports from low- and middle-income economies in Europe & in Azerbaijan
Azerbaijan: Merchandise imports from low- and middle-income economies in Europe & was 23.4% in 2023. ▼ Falling
Merchandise imports from low- and middle-income economies in Europe & in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in europe & in Azerbaijan is 23.4%, measured in 2023.
The figure is down 17.7% on the previous year and down 5.5% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in europe & in Azerbaijan peaked at 57.8% in 1994 and was at its lowest, 19.2%, in 2015.
That places Azerbaijan 9th out of 206 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 32 years of available data.
Merchandise imports from low- and middle-income economies in Europe & in Azerbaijan, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1992 | 47.7% | — |
| 1993 | 43.7% | -8.3% |
| 1994 | 57.8% | +32.2% |
| 1995 | 42.5% | -26.5% |
| 1996 | 41.8% | -1.7% |
| 1997 | 47.9% | +14.7% |
| 1998 | 40.6% | -15.2% |
| 1999 | 23.5% | -42.3% |
| 2000 | 21.8% | -7.2% |
| 2001 | 30.8% | +41.7% |
| 2002 | 31.6% | +2.4% |
| 2003 | 25.2% | -20.1% |
| 2004 | 24.4% | -3.5% |
| 2005 | 24.8% | +1.9% |
| 2006 | 24.7% | -0.4% |
| 2007 | 26.7% | +7.9% |
| 2008 | 25.1% | -5.9% |
| 2009 | 27.8% | +10.8% |
| 2010 | 26.2% | -5.7% |
| 2011 | 23.7% | -9.8% |
| 2012 | 27.7% | +17.1% |
| 2013 | 24.7% | -10.7% |
| 2014 | 23.4% | -5.3% |
| 2015 | 19.2% | -18.2% |
| 2016 | 20.7% | +7.8% |
| 2017 | 25.0% | +21.1% |
| 2018 | 23.2% | -7.5% |
| 2019 | 21.0% | -9.3% |
| 2020 | 23.1% | +10.1% |
| 2021 | 24.0% | +3.7% |
| 2022 | 28.4% | +18.3% |
| 2023 | 23.4% | -17.7% |
Azerbaijan compared with similar countries
- Azerbaijan's 23.4% is above the median for upper middle income countries, which is 1.5%, 15.7× the median. (59 countries reporting)
- Azerbaijan's 23.4% is above the median for Europe & Central Asia, which is 4.2%, 5.5× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.2% | 23.5% | 57.8% | 8 |
| 2000s | 26.3% | 21.8% | 31.6% | 10 |
| 2010s | 23.5% | 19.2% | 27.7% | 10 |
| 2020s | 24.7% | 23.1% | 28.4% | 4 |
Countries ranked near Azerbaijan
- 6 Georgia 26.6% compare
- 7 Iraq 25.7% compare
- 8 Republic of Moldova 24.2% compare
- 10 Uzbekistan 19.6% compare
- 11 Russian Federation 19.4% compare
- 12 Libya 18.7% 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 imports from low- and middle-income economies in europe & in Azerbaijan?
- Merchandise imports from low- and middle-income economies in europe & in Azerbaijan was 23.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in europe & recorded in Azerbaijan?
- The highest recorded value was 57.8% in 1994.
- What is the lowest merchandise imports from low- and middle-income economies in europe & recorded in Azerbaijan?
- The lowest recorded value was 19.2% in 2015.
- How does Azerbaijan rank for merchandise imports from low- and middle-income economies in europe &?
- Azerbaijan ranks 9th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in europe & rising or falling in Azerbaijan?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is falling.
- Where does this Azerbaijan data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.