Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Azerbaijan | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESAzerbaijanWorldExportsValue (US$)23,827,186,078.0023,904,108,012.0021,751,737,145.0012,646,293,676.7913,380,818,566.7115,306,018,304.4419,489,068,203.8219,635,202,600.7313,732,637,263.2322,207,974,784.9438,146,376,263.8333,898,554,855.28
Value Growth, YoY (%)-10.010.32-9.00-41.865.8014.3827.320.74-30.0661.7171.76-11.13
ImportsValue (US$)9,641,723,771.0010,763,391,507.009,178,588,183.009,214,281,379.398,472,499,915.558,767,799,111.7611,460,337,555.3313,649,506,476.1310,731,105,817.3411,695,932,184.3014,535,657,122.8417,278,236,451.58
Value Growth, YoY (%)-0.9311.63-14.720.38-8.053.4830.7019.10-21.388.9924.2718.86

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)

Azerbaijan's exports 2023 by country

Top export destinations of commodities from Azerbaijan in 2023:

  • Italy with a share of 44% (15.2 billion US$)
  • Turkey with a share of 15.8% (5.35 billion US$)
  • Israel with a share of 4.13% (1.4 billion US$)
  • Greece with a share of 4.02% (1.36 billion US$)
  • India with a share of 3.64% (1.23 billion US$)
  • Russia with a share of 3.52% (1.19 billion US$)
  • Germany with a share of 2.67% (907 million US$)
  • Spain with a share of 2.31% (785 million US$)
  • Georgia with a share of 2.24% (759 million US$)
  • Czech Republic with a share of 2.01% (684 million US$)

Exports structure from Azerbaijan in 2023 represented by the following main commodity groups:

  • 91% (31 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 1.51% (513 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 1.35% (460 million US$): 39 - Plastics and articles thereof
  • 0.626% (212 million US$): 07 - Edible vegetables and certain roots and tubers
  • 0.575% (195 million US$): 76 - Aluminum and articles thereof
  • 0.531% (180 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 0.492% (166 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 0.483% (163 million US$): 52 - Cotton
  • 0.269% (91 million US$): 29 - Organic chemicals
  • 0.264% (89 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

What did Azerbaijan export in 2023?

Azerbaijan's Top Exports in 2023:

  • 47% ($16.2 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 40% ($13.6 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.68% ($572 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.18% ($402 million): 2716 - Electrical energy. (optional heading)
  • 0.6% ($203 million): 3902 - Polymers of propylene or of other olefins, in primary forms
  • 0.571% ($193 million): 0810 - Other fruit, fresh
  • 0.485% ($164 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 0.48% ($162 million): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 0.477% ($161 million): 0702 - Tomatoes, fresh or chilled
  • 0.458% ($155 million): 3901 - Polymers of ethylene, in primary forms

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)

Azerbaijan's imports 2023 by country

Top trading partners (import sources) of Azerbaijan in 2023:

  • Russia with a share of 18.2% (3.16 billion US$)
  • China with a share of 17.4% (3.02 billion US$)
  • Turkey with a share of 13.2% (2.28 billion US$)
  • Germany with a share of 5.26% (910 million US$)
  • USA with a share of 5.14% (889 million US$)
  • Turkmenistan with a share of 3.97% (687 million US$)
  • Italy with a share of 2.76% (477 million US$)
  • Iran with a share of 2.73% (473 million US$)
  • Japan with a share of 2.51% (435 million US$)
  • Korea with a share of 2.47% (428 million US$)

Imports structure to Azerbaijan in 2023 represented by the following main commodity groups:

  • 11.9% (2.06 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 11.4% (1.98 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 11% (1.91 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.97% (1.55 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.82% (660 million US$): 99 - Commodities not specified according to kind
  • 3.68% (636 million US$): 73 - Articles of iron or steel
  • 3.24% (560 million US$): 30 - Pharmaceutical products
  • 3.02% (523 million US$): 39 - Plastics and articles thereof
  • 2.68% (463 million US$): 72 - Iron and steel
  • 2.25% (390 million US$): 10 - Cereals

What did Azerbaijan import in 2023?

Azerbaijan's Top Imports in 2023:

  • 8.77% ($1.51 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 6.23% ($1.07 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.06% ($530 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.77% ($479 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.62% ($453 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 2.09% ($362 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.75% ($303 million): 1001 - Wheat and meslin.
  • 1.14% ($197 million): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
  • 1.07% ($184 million): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form

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Azerbaijan | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023