Azerbaijan world map

Trade in Azerbaijan

Azerbaijan was the world’s 73rd largest exporter of goods and 79th largest exporter of commercial services in 2021. Export values were 22.2 and 3.8 billion USD respectively. Azerbaijan’s top export category was fuels and mining products, followed by manufactures, and agricultural products. In 2020, Azerbaijan’s main export destination markets for goods and services trade were to Italy, Turkey and the Russian Federation, with trade representing 72.02 per cent of GDP. In terms of imports, Azerbaijan is the world’s 97th largest importer of goods and 73rd largest importer of commercial services. Import values were $11.8 and $5.8 billion USD respectively in 2021. Azerbaijan’s top import category was manufactures, followed by agricultural products and fuels and mining products.  Leading import partners were the Russian Federation, Turkey and China. Azerbaijan is part of 5 different Regional Trade Agreements, such as Commonwealth of Independent States (CIS), Georgia – Azerbaijan and GUAM.
Regional Trade Agreements Database

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

ePing alert

Last Reviewed: June, 2023

Businesses & Entrepreneurs

Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.

Policymakers & Researchers

Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.

Global Trade Helpdesk Organization Logo

Simplify your market research with an integrated source of trade intelligence, for firms of all sizes, even the smallest. The Global Trade Helpdesk, an initiative by the International Trade Centre, the United Nations Conference on Trade and Development, and the World Trade Organization, provides market intelligence for companies looking to trade in an easy-to-use online tool.