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Azerbaijan Trade Summary

2020

Azerbaijan exports, imports, tariff by year.
Azerbaijan monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR AZERBAIJAN 2020

Overall Exports and Imports for Azerbaijan 2020

Exports and imports of Azerbaijan in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,733 million.
  • The total value of imports (CIF) was 10,731 million.
  • At the HS6 digit level, 1,686 products were exported to 110 countries and 3,917 products were imported from 170 countries.

Azerbaijan top 5 Export and Import partners 2020

Top five countries to which Azerbaijan exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Azerbaijan exports to Italy worth US$ 4,172 million, with a partner share of 30.38 percent.
  2. Azerbaijan exports to Turkey worth US$ 2,598 million, with a partner share of 18.92 percent.
  3. Azerbaijan exports to Russian Federation worth US$ 709 million, with a partner share of 5.17 percent.
  4. Azerbaijan exports to Greece worth US$ 523 million, with a partner share of 3.81 percent.
  5. Azerbaijan exports to Croatia worth US$ 471 million, with a partner share of 3.43 percent.

Top five countries from which Azerbaijan imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Azerbaijan imports from Russian Federation worth US$ 1,960 million, with a partner share of 18.27 percent.
  2. Azerbaijan imports from Turkey worth US$ 1,562 million, with a partner share of 14.56 percent.
  3. Azerbaijan imports from China worth US$ 1,414 million, with a partner share of 13.18 percent.
  4. Azerbaijan imports from United States worth US$ 636 million, with a partner share of 5.93 percent.
  5. Azerbaijan imports from Germany worth US$ 583 million, with a partner share of 5.43 percent.

Azerbaijan Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Azerbaijan along with trade value are:

  1. Azerbaijan exported Petroleum oils and oils obtained from bituminou , worth US$ 9,363,570.68 million.
  2. Azerbaijan exported Natural gas in gaseous state , worth US$ 2,190,522.13 million.
  3. Azerbaijan exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 295,114.95 million.
  4. Azerbaijan exported Tomatoes, fresh or chilled , worth US$ 201,316.38 million.
  5. Azerbaijan exported Gold in unwrought forms non-monetary , worth US$ 195,906.49 million.

The top five imported HS 6 digit level products from world by Azerbaijan along with trade value are

  1. Azerbaijan imported Spelt, common wheat and meslin , worth US$ 292,661.98 million.
  2. Azerbaijan imported Transmission apparatus, for radioteleph incorpo , worth US$ 271,574.60 million.
  3. Azerbaijan imported Other medicaments of mixed or unmixed products, , worth US$ 264,255.76 million.
  4. Azerbaijan imported Automobiles with reciprocating piston engine di , worth US$ 257,548.87 million.
  5. Azerbaijan imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 203,657.14 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Azerbaijan in 2020 are below

  • The maximum rate of tariff in percentage on any product was 185.83 percent.
  • The simple average tariff across all products was 9.11 percent.
  • The trade weighted average tariff was 5.93 .
  • The total duty free imports in thousands of US dollars were 4,136,821.16 and duty free tariff line items share was 29.07 percent.

Development Indicators 2020

Key Development Indicators of Azerbaijan in 2020 are below

  • Azerbaijan GDP in current US dollar was 42,693 million.
  • GNI per capita, Atlas method (current US$) was 4,480.00 .
  • Azerbaijan Trade balance: as % of GDP was -0.77.
  • Trade balance in current US$ was -329.00 million.
  • Trade as percentage of GDP was 72.02 .
  • Trade in services as percentage of GDP was 19.16 .

Trade Indicators 2020

Trade Indicators for Azerbaijan in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 1.86.
  • World Growth in percentage was -3.75 and Azerbaijan Country Growth was -16.33 .