Azerbaijan Trade Balance 1990-2024

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Azerbaijan trade balance for 2022 was $26.00B, a 184.13% increase from 2021.
  • Azerbaijan trade balance for 2021 was $9.15B, a 2880.87% decline from 2020.
  • Azerbaijan trade balance for 2020 was $-0.33B, a 105.56% decline from 2019.
  • Azerbaijan trade balance for 2019 was $5.92B, a 23.93% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $576.65B
Russia $282.38B
Malaysia $28.15B
Azerbaijan $26.00B
Algeria $17.73B
Brazil $14.42B
Gabon $9.44B
South Africa $8.03B
Iran $7.46B
Belarus $4.25B
Costa Rica $1.57B
Equatorial Guinea $1.22B
Ecuador $0.75B
Bulgaria $0.72B
Peru $0.54B
Botswana $0.30B
Belize $-0.08B
Nauru $-0.09B
Samoa $-0.34B
Armenia $-0.60B
Fiji $-0.83B
Mauritius $-0.90B
Montenegro $-1.42B
Albania $-1.96B
Paraguay $-2.04B
Namibia $-2.36B
North Macedonia $-2.85B
Jamaica $-2.95B
Bosnia $-3.59B
Serbia $-6.79B
Thailand $-11.61B
Dominican Republic $-13.86B
Guatemala $-15.81B
Romania $-20.80B
Colombia $-26.35B
Mexico $-39.21B
Turkey $-42.67B
Azerbaijan Trade Balance - Historical Data
Year Billions of US $ % of GDP
2022 $26.00B 33.03%
2021 $9.15B 16.69%
2020 $-0.33B -0.77%
2019 $5.92B 12.28%
2018 $7.78B 16.51%
2017 $2.74B 6.69%
2016 $1.05B 2.78%
2015 $1.59B 2.99%
2014 $12.84B 17.06%
2013 $16.43B 22.16%
2012 $19.29B 27.69%
2011 $21.33B 32.35%
2010 $17.79B 33.62%
2009 $12.64B 28.53%
2008 $20.67B 42.31%
2007 $13.09B 39.62%
2006 $5.82B 27.75%
2005 $1.33B 10.04%
2004 $-2.08B -23.93%
2003 $-1.71B -23.54%
2002 $-0.45B -7.28%
2001 $0.24B 4.18%
2000 $0.09B 1.79%
1999 $-0.64B -13.89%
1998 $-1.42B -31.83%
1997 $-0.95B -24.01%
1996 $-0.98B -30.99%
1995 $-0.51B -20.92%
1994 $-0.07B -5.91%
1993 $-0.29B -18.57%
1992 $0.14B 31.61%
1991 $0.24B 4.45%
1990 $0.41B 4.64%