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Azerbaijan Trade Summary

2021

Azerbaijan exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Azerbaijan 2021

Exports and imports of Azerbaijan in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 22,208 million.
  • The total value of imports (CIF) was 11,696 million.
  • At the HS6 digit level, 1,809 products were exported to 120 countries and 3,894 products were imported from 170 countries.

Azerbaijan top 5 Export and Import partners 2021

Top five countries to which Azerbaijan exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Azerbaijan exports to Italy worth US$ 9,244 million, with a partner share of 41.62 percent.
  2. Azerbaijan exports to Turkey worth US$ 2,818 million, with a partner share of 12.69 percent.
  3. Azerbaijan exports to Russian Federation worth US$ 921 million, with a partner share of 4.15 percent.
  4. Azerbaijan exports to Israel worth US$ 898 million, with a partner share of 4.04 percent.
  5. Azerbaijan exports to Croatia worth US$ 751 million, with a partner share of 3.38 percent.

Top five countries from which Azerbaijan imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Azerbaijan imports from Russian Federation worth US$ 2,073 million, with a partner share of 17.73 percent.
  2. Azerbaijan imports from Turkey worth US$ 1,844 million, with a partner share of 15.76 percent.
  3. Azerbaijan imports from China worth US$ 1,640 million, with a partner share of 14.02 percent.
  4. Azerbaijan imports from Germany worth US$ 633 million, with a partner share of 5.41 percent.
  5. Azerbaijan imports from Ukraine worth US$ 468 million, with a partner share of 4.00 percent.

Azerbaijan Top 5 Productsexports imports at HS 6 digit level 2021

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$ 13,218,921.50 million.
  2. Azerbaijan exported Natural gas in gaseous state , worth US$ 5,534,398.34 million.
  3. Azerbaijan exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 649,567.45 million.
  4. Azerbaijan exported Cotton, not carded or combed , worth US$ 207,979.96 million.
  5. Azerbaijan exported Gold in unwrought forms non-monetary , worth US$ 202,642.26 million.

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

  1. Azerbaijan imported Automobiles with reciprocating piston engine di , worth US$ 345,649.02 million.
  2. Azerbaijan imported Other medicaments of mixed or unmixed products, , worth US$ 334,162.26 million.
  3. Azerbaijan imported Spelt, common wheat and meslin , worth US$ 328,746.85 million.
  4. Azerbaijan imported Transmission apparatus, for radioteleph incorpo , worth US$ 296,729.74 million.
  5. Azerbaijan imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 244,546.41 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Azerbaijan in 2021 are below

  • The maximum rate of tariff in percentage on any product was 359.76 percent.
  • The simple average tariff across all products was 9.26 percent.
  • The trade weighted average tariff was 6.01 .
  • The total duty free imports in thousands of US dollars were 4,572,901.43 and duty free tariff line items share was 30.99 percent.

Development Indicators 2021

Key Development Indicators of Azerbaijan in 2021 are below

  • Azerbaijan GDP in current US dollar was 54,825 million.
  • GNI per capita, Atlas method (current US$) was 4,910.00 .
  • Azerbaijan Trade balance: as % of GDP was 16.69.
  • Trade balance in current US$ was 9,151.00 million.
  • Trade as percentage of GDP was 76.29 .
  • Trade in services as percentage of GDP was 17.90 .

Trade Indicators 2021

Trade Indicators for Azerbaijan in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.25.
  • Index of export market penetration was 1.93.
  • World Growth in percentage was 12.59 and Azerbaijan Country Growth was 36.04 .