Azerbaijan
Asia & Middle East
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. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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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 InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Azerbaijani manat |
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Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: June, 2024
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