Merchandise imports from low- and middle-income economies in Latin in Azerbaijan
Azerbaijan: Merchandise imports from low- and middle-income economies in Latin was 2.2% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Latin in Azerbaijan, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in latin in Azerbaijan stood at 2.2%.
Compared with earlier readings it is down 12.9% on the previous year and down 41.6% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Azerbaijan peaked at 3.8% in 2013 and was at its lowest, 0.0%, in 1995.
That places Azerbaijan 91st 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 imports from low- and middle-income economies in Latin in Azerbaijan, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1992 | 0.2% | — |
| 1993 | 2.2% | +1332.1% |
| 1994 | 0.2% | -91.0% |
| 1995 | 0.0% | -94.8% |
| 1996 | 0.8% | +7698.7% |
| 1997 | 0.1% | -88.6% |
| 1998 | 0.1% | -0.7% |
| 1999 | 0.2% | +109.9% |
| 2000 | 0.5% | +187.1% |
| 2001 | 0.7% | +32.9% |
| 2002 | 0.6% | -21.3% |
| 2003 | 0.4% | -22.7% |
| 2004 | 0.4% | -3.5% |
| 2005 | 0.4% | -17.7% |
| 2006 | 1.8% | +415.3% |
| 2007 | 2.3% | +27.9% |
| 2008 | 1.7% | -27.4% |
| 2009 | 2.6% | +54.2% |
| 2010 | 3.4% | +32.0% |
| 2011 | 2.4% | -30.7% |
| 2012 | 2.4% | +0.3% |
| 2013 | 3.8% | +58.3% |
| 2014 | 2.8% | -24.4% |
| 2015 | 2.1% | -27.3% |
| 2016 | 2.6% | +26.7% |
| 2017 | 2.9% | +9.1% |
| 2018 | 2.2% | -22.1% |
| 2019 | 2.1% | -5.9% |
| 2020 | 2.1% | +1.6% |
| 2021 | 3.4% | +58.0% |
| 2022 | 2.5% | -24.9% |
| 2023 | 2.2% | -12.9% |
Azerbaijan compared with similar countries
- Azerbaijan's 2.2% is below the median for upper middle income countries, which is 2.4%, 90% of the median. (59 countries reporting)
- Azerbaijan's 2.2% is above the median for Europe & Central Asia, which is 1.2%, 1.8× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +7698.7% | 0.0% | 0.8% |
| 1993 | +1332.1% | 0.2% | 2.2% |
| 2006 | +415.3% | 0.4% | 1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.0% | 2.2% | 8 |
| 2000s | 1.1% | 0.4% | 2.6% | 10 |
| 2010s | 2.7% | 2.1% | 3.8% | 10 |
| 2020s | 2.6% | 2.1% | 3.4% | 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 imports from low- and middle-income economies in latin in Azerbaijan?
- Merchandise imports from low- and middle-income economies in latin in Azerbaijan was 2.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Azerbaijan?
- The highest recorded value was 3.8% in 2013.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Azerbaijan?
- The lowest recorded value was 0.0% in 1995.
- How does Azerbaijan rank for merchandise imports from low- and middle-income economies in latin?
- Azerbaijan ranks 91st out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Azerbaijan?
- Over the last ten years it is down 41.6%. 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 imports from low- and middle-income economies in Latin America & the Caribbean (% 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 Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.