Overall Exports and Imports for Azerbaijan 2023
- The total value of exports (FOB) is US$ 33,899 million.
- The total value of imports (CIF) is US$ 17,278 million.
- At the HS6 digit level, 1,923 products are exported to 121 countries and 3,922 products are imported from 179 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Azerbaijan along with trade value are:
- Azerbaijan exported Petroleum oils and oils obtained from bituminou , worth 16,240,829.63 (US$ Thousands).
- Azerbaijan exported Natural gas in gaseous state , worth 13,678,344.14 (US$ Thousands).
- Azerbaijan exported Petroleum oils, etc, (excl. crude); preparation , worth 572,210.25 (US$ Thousands).
- Azerbaijan exported Electrical energy , worth 402,483.18 (US$ Thousands).
- Azerbaijan exported Other fruit, fresh, nes , worth 166,502.08 (US$ Thousands).
The top five imported HS 6 digit level products from world by Azerbaijan along with trade value are
- Azerbaijan imported Petroleum oils and oils obtained from bituminou , worth 1,077,237.60 (US$ Thousands).
- Azerbaijan imported Petroleum oils, etc, (excl. crude); preparation , worth 530,243.93 (US$ Thousands).
- Azerbaijan imported Automobiles nes including gas turbine powered , worth 511,824.50 (US$ Thousands).
- Azerbaijan imported Transmission apparatus, for radioteleph incorpo , worth 442,617.87 (US$ Thousands).
- Azerbaijan imported Other medicaments of mixed or unmixed products, , worth 380,364.94 (US$ Thousands).
Azerbaijan top 5 Export and Import partners 2023
The top five countries to which Azerbaijan exported 2023 along with the partner share in percentage are:
- Azerbaijan exports to Italy worth US$ 15,208 million, with a partner share of 44.86 percent.
- Azerbaijan exports to Turkey worth US$ 5,359 million, with a partner share of 15.81 percent.
- Azerbaijan exports to Israel worth US$ 1,402 million, with a partner share of 4.13 percent.
- Azerbaijan exports to Greece worth US$ 1,363 million, with a partner share of 4.02 percent.
- Azerbaijan exports to India worth US$ 1,235 million, with a partner share of 3.64 percent.
The top five countries to which Azerbaijan imported goods 2023 along with the share in percentage are
- Azerbaijan imports from Russian Federation worth US$ 3,160 million, with a partner share of 18.29 percent.
- Azerbaijan imports from China worth US$ 3,023 million, with a partner share of 17.49 percent.
- Azerbaijan imports from Turkey worth US$ 2,290 million, with a partner share of 13.25 percent.
- Azerbaijan imports from Germany worth US$ 910 million, with a partner share of 5.27 percent.
- Azerbaijan imports from United States worth US$ 889 million, with a partner share of 5.15 percent.
Azerbaijan Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Azerbaijan Raw materials exports are worth US$ 17,174 million, product share of 50.66%.
- Azerbaijan Raw materials imports are worth US$ 2,048 million, product share of 11.85%.
- Azerbaijan Intermediate goods exports are worth US$ 1,830 million, product share of 5.40%.
- Azerbaijan Intermediate goods imports are worth US$ 3,136 million, product share of 18.15%.
- Azerbaijan Consumer goods exports are worth US$ 14,736 million, product share of 43.47%.
- Azerbaijan Consumer goods imports are worth US$ 7,308 million, product share of 42.30%.
- Azerbaijan Capital goods exports are worth US$ 156 million, product share of 0.46%.
- Azerbaijan Capital goods imports are worth US$ 4,123 million, product share of 23.86%.
Azerbaijan Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.26.
- Index of export market penetration is 0.26.
- World Growth in percentage is 0.26 and Azerbaijan Country Growth is -19.36.
Azerbaijan Service Trade data from WDI 2023
- Azerbaijan, Service imports (BoP, current US$) is 8,619,888,000.00.
- Azerbaijan, Service exports (BoP, current US$) is 6,285,240,000.00.
- Azerbaijan, Imports of goods and services as percentage of GDP is 34.54 %.
- Azerbaijan, Exports of goods and services as percentage of GDP is 49.00 %.