Merchandise trade in Azerbaijan

Azerbaijan: Merchandise trade was 65.1% in 2025. ◆ Volatile

Latest (2025)
65.1%
Change on year
up 1.7%
World rank
75th
of 204 countries
All-time high
577.7%
in 1992
All-time low
37.8%
in 1998
Years of data
34
1992–2025

Merchandise trade in Azerbaijan, 1992–2025

02004006001992200820251992: 577.7 % of GDP1993: 103.7 % of GDP1994: 120.1 % of GDP1995: 53.9 % of GDP1996: 50.1 % of GDP1997: 39.7 % of GDP1998: 37.8 % of GDP1999: 42.9 % of GDP2000: 55.3 % of GDP2001: 65.6 % of GDP2002: 61.5 % of GDP2003: 71.7 % of GDP2004: 82.2 % of GDP2005: 90.6 % of GDP2006: 87.1 % of GDP2007: 82.6 % of GDP2008: 78.1 % of GDP2009: 62.3 % of GDP2010: 62.8 % of GDP2011: 67.7 % of GDP2012: 61.8 % of GDP2013: 56.7 % of GDP2014: 49.8 % of GDP2015: 48.6 % of GDP2016: 57 % of GDP2017: 59.4 % of GDP2018: 67.5 % of GDP2019: 69.1 % of GDP2020: 57.3 % of GDP2021: 61.9 % of GDP2022: 66.9 % of GDP2023: 70.7 % of GDP2024: 64 % of GDP2025: 65.1 % of GDP

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

The most recent figure for merchandise trade in Azerbaijan is 65.1%, measured in 2025.

Compared with earlier readings it is up 1.7% on the previous year and up 33.8% over ten years.

Over the whole period, merchandise trade in Azerbaijan peaked at 577.7% in 1992 and was at its lowest, 37.8%, in 1998.

That places Azerbaijan 75th out of 204 countries with data for 2025, 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 trade in Azerbaijan, year by year

Annual values for Merchandise trade (% of GDP) in Azerbaijan, 1992 to 2025.
Year % of GDP Change
1992 577.7%
1993 103.7% -82.0%
1994 120.1% +15.8%
1995 53.9% -55.1%
1996 50.1% -7.1%
1997 39.7% -20.7%
1998 37.8% -4.8%
1999 42.9% +13.5%
2000 55.3% +29.0%
2001 65.6% +18.6%
2002 61.5% -6.3%
2003 71.7% +16.7%
2004 82.2% +14.6%
2005 90.6% +10.3%
2006 87.1% -3.8%
2007 82.6% -5.2%
2008 78.1% -5.5%
2009 62.3% -20.2%
2010 62.8% +0.7%
2011 67.7% +7.8%
2012 61.8% -8.8%
2013 56.7% -8.3%
2014 49.8% -12.2%
2015 48.6% -2.3%
2016 57.0% +17.3%
2017 59.4% +4.1%
2018 67.5% +13.6%
2019 69.1% +2.5%
2020 57.3% -17.1%
2021 61.9% +7.9%
2022 66.9% +8.1%
2023 70.7% +5.7%
2024 64.0% -9.5%
2025 65.1% +1.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 128.2% 37.8% 577.7% 8
2000s 73.7% 55.3% 90.6% 10
2010s 60.0% 48.6% 69.1% 10
2020s 64.3% 57.3% 70.7% 6

Countries ranked near Azerbaijan

  1. 72 El Salvador 66.1% compare
  2. 73 Democratic Republic of Congo 66.1% compare
  3. 74 Germany 65.5% compare
  4. 76 Greenland 63.2% compare
  5. 77 Ireland 62.7% compare
  6. 78 Portugal 62.1% compare

See the full ranking of 251 places →

More private sector data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is merchandise trade in Azerbaijan?
Merchandise trade in Azerbaijan was 65.1% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Azerbaijan?
The highest recorded value was 577.7% in 1992.
What is the lowest merchandise trade recorded in Azerbaijan?
The lowest recorded value was 37.8% in 1998.
How does Azerbaijan rank for merchandise trade?
Azerbaijan ranks 75th out of 204 countries with data for 2025.
Is merchandise trade rising or falling in Azerbaijan?
Over the last ten years it is up 33.8%. The long-run trend across the full record is volatile.
Where does this Azerbaijan data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

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Merchandise trade in Azerbaijan. Statizoid, drawing on World Trade Organization (WTO). Retrieved 28 August 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/azerbaijan/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.