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Trade & investment · Europe & Central Asia · Upper-middle income
Azerbaijan: trade and investment
Exports is 43.0% (2025), 70th of 184 in the world and 30th of 52 in Europe & Central Asia. Imports is 36.8% (2025), 112th of 184 in the world and 42nd of 52 in Europe & Central Asia. Trade openness is 79.8% (2025), 96th of 184 in the world and 37th of 52 in Europe & Central Asia.
13 indicators
Trade & investment: Azerbaijan in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 43.0%2025 | 70/184 | 30/52 | 40.2% | 54.3% | 35.6% | +5.2 ppsince 2015 | 43.7% | 25.9% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 36.8%2025 | 112/184 | 42/52 | 38.4% | 20.7% | 36.4% | +2.0 ppsince 2015 | 41.0% | 23.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 79.8%2025 | 96/184 | 37/52 | 78.5% | 75.0% | 72.0% | +7.2 ppsince 2015 | 81.8% | 48.9% | 68.5% | |
| Current accountCurrent account balance, % of GDP | 4.6%2025 | 40/185 | 10/50 | -3.2% | 28.4% | -0.7% | +5.0 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $25.0bn2025 | 77/206 | 32/51 | $1.7bn | $26.5bn | $13.7bn | +51%since 2015 | $10.0tn | $7.7tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 2.9%2024 | 120/170 | 45/47 | · | 1.4% | 7.1% | −4.8 ppsince 2014 | 21.4% | 23.2% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 85.9%2025 | 7/172 | 1/48 | 85.1% | 94.5% | 87.2% | −2.5 ppsince 2015 | 6.3% | 5.2% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 5.2%2025 | 141/172 | 43/48 | 3.2% | 2.8% | 5.5% | −0.8 ppsince 2015 | 10.6% | 9.0% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 5.5%2022 | 76/184 | 1/46 | 6.8%2002 | 4.1%2011 | 5.9% | +0.7 ppsince 2012 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 0.5%2025 | 157/197 | 36/51 | 2.5% | 6.3% | 1.2% | −7.1 ppsince 2015 | 1.0% | 1.1% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 2.0%2025 | 100/178 | 24/50 | 1.1% | 2.7% | 3.3% | −0.4 ppsince 2015 | 0.8% | 1.0% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 796,0002020 | 108/196 | 41/51 | 681,000 | 2.0m | 796,000 | −59%since 2010 | 1.2bn | 573m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $340m2020 | 106/177 | 37/42 | $68.0m | $792m | $340m | −57%since 2010 | $590bn | — | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Azerbaijan and its neighbours
Countries sharing a land border with Azerbaijan. Latest values since 2005; the highest in each row is marked.
| Indicator | Azerbaijan | Russia | Iran | Türkiye | Georgia | Armenia |
|---|---|---|---|---|---|---|
| Exports | 43.0%2025 | 18.2%2025 | 25.8%2025 | 24.8%2025 | 47.4%2025 | 48.1%2025 |
| Imports | 36.8%2025 | 15.5%2025 | 34.5%2025 | 25.1%2025 | 53.2%2025 | 53.6%2025 |
| Trade openness | 79.8%2025 | 33.7%2025 | 60.2%2025 | 49.9%2025 | 100.6%2025 | 101.7%2025 |
| Current account | 4.6%2025 | 1.5%2025 | — | -1.9%2025 | -2.6%2025 | -8.7%2025 |
| Merchandise exports | $25.0bn2025 | $419bn2025 | $113bn2025 | $273bn2025 | $7.3bn2025 | $8.4bn2025 |
| High-tech exports | 2.9%2024 | 9.7%2021 | 0.8%2022 | 5.1%2024 | 3.8%2024 | 23.6%2024 |
| Fuel exports | 85.9%2025 | 43.1%2021 | 68.0%2023 | 5.4%2025 | 3.1%2025 | 1.0%2025 |
| Food exports | 5.2%2025 | 6.6%2021 | 5.6%2023 | 11.8%2025 | 45.4%2025 | 18.4%2025 |
| Average tariff | 5.5%2022 | 4.2%2021 | 12.1%2020 | 4.3%2022 | 0.4%2022 | 3.6%2021 |