Azerbaijan world map

Trade in Azerbaijan

Azerbaijan was the world’s 67th largest exporter of goods and 73rd largest exporter of commercial services in 2022. Export values were $38.15 billion and $6.41 billion USD respectively. Azerbaijan’s top export category was Fuels and mining products, followed by Manufactures, and Agricultural products. In 2022, Azerbaijan’s main export destination markets for goods and services trade were to Italy, Turkey and Russian Federation, with trade representing 87.08 per cent of GDP. In terms of imports, Azerbaijan is the world’s 99th largest importer of goods and 71st largest importer of commercial services. Import values were $14.54 billion and $7.77 billion USD respectively in 2022. Azerbaijan’s top import category was Manufactures, followed by Machinery and transport equipment and Agricultural products. Leading import partners were Russian Federation, Turkey and China. Azerbaijan is part of 7 different Regional Trade Agreements, including Commonwealth of Independent States (CIS) and Georgia – Azerbaijan.
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General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Republic of Azerbaijan

Abbreviation

AZ

Capital

Baku

WTO Membership Date

Observer

Legal System

civil law system

Language

Azebaijani

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Azerbaijani manat

Exchange Rate

Google Finance Currencies

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.
  • SPS Enquiry and Notification Center under
    Azerbaijan Food Safety Institute (AFSI)
    Phone: (+994 12) 377 0020 (ext. 549)
    Website: www.afsi.gov.az

    73C, Suleyman Sani Akhundov street

    [email protected]

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.
  • Azerbaijan Standardization Institute
    PLE under the State Service for Antimonopoly and Consumer Market Control under the Ministry of Economy of the Republic of Azerbaijan
    Phone: +994 12 5149603, ext 107
    Website: http://www.azstand.gov.az

    AZ1029, Baku city
    E. Isagzade settlement
    7th cross-street

    [email protected]

Additional Information

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Last Reviewed: June, 2024

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