Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
TOTAL. ALL COMMODITIES | Azerbaijan | World | Exports | Value (US$) | 23,827,186,078.00 | 23,904,108,012.00 | 21,751,737,145.00 | 12,646,293,676.79 | 13,380,818,566.71 | 15,306,018,304.44 | 19,489,068,203.82 | 19,635,202,600.73 | 13,732,637,263.23 | 22,207,974,784.94 | 38,146,376,263.83 | 33,898,554,855.28 |
Value Growth, YoY (%) | -10.01 | 0.32 | -9.00 | -41.86 | 5.80 | 14.38 | 27.32 | 0.74 | -30.06 | 61.71 | 71.76 | -11.13 | ||||
Imports | Value (US$) | 9,641,723,771.00 | 10,763,391,507.00 | 9,178,588,183.00 | 9,214,281,379.39 | 8,472,499,915.55 | 8,767,799,111.76 | 11,460,337,555.33 | 13,649,506,476.13 | 10,731,105,817.34 | 11,695,932,184.30 | 14,535,657,122.84 | 17,278,236,451.58 | |||
Value Growth, YoY (%) | -0.93 | 11.63 | -14.72 | 0.38 | -8.05 | 3.48 | 30.70 | 19.10 | -21.38 | 8.99 | 24.27 | 18.86 |
The value of merchandise exports from Azerbaijan totalled $ 33 billion in 2023. Overall commodity exports from Azerbaijan decreased by 11.1% compared to 2022. Merchandise exports decreased by $ 4.24 billion (the value of merchandise exports from Azerbaijan amounted to $38 billion in 2022)
Top export destinations of commodities from Azerbaijan in 2023:
Azerbaijan's Top Exports in 2023:
The value of merchandise imports to Azerbaijan totalled $ 17.2 billion in 2023. Merchandise imports to Azerbaijan increased by 18.8% compared to 2022. Goods imports grew up by $ 2.74 billion in 2023 (the value of merchandise imports to Azerbaijan was equal to $14.5 billion in 2022)
Top trading partners (import sources) of Azerbaijan in 2023:
Azerbaijan's Top Imports in 2023: