Country export capability

Azerbaijan
export capability

A reported view of Azerbaijan's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

AZE1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$28.8B2024 reported value
Latest imports$19.1B2024 reported value
Trade balance$9.7BExports minus imports
Export growth-15.5%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Azerbaijan export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Azerbaijan recorded $28.8B in exports and $19.1B in imports. The resulting $9.7B trade balance gives the latest country-level position a clear context.

Exports changed -15.5% year on year and show a calculated +5.6% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

Italy received $9.8B in reported exports, representing 34.1% of the latest country total. Mineral fuels was the largest displayed HS2 export sector at $25.4B and 88.1% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Azerbaijan's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$74.3B2024 macro context
GDP per capita$7.3KCurrent-dollar GDP
Population10.2MReported population
Labor force5.2KReported labor force
Investment rate29%National investment rate
Savings rate40.4%National savings rate
Trade openness56.6%Exports + imports / GDP
Exports / GDP34%Merchandise exports / GDP
Secondary education93%Education context
Tertiary education25.7%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Azerbaijan
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
GreeceGRCCritical attention87.5%57.6%2.4%Current trade remains materially below historical peaks
TurkeyTURHigh attention91.4%19.9%8.5%Buyer-market concentration is the largest observed corridor exposure
ThailandTHACritical attention99.8%85%19.2%Volatile products account for the largest observed corridor exposure
TunisiaTUNCritical attention100%58.1%24%Current trade remains materially below historical peaks
United KingdomGBRCritical attention99.1%61.7%Not reportedBuyer-market concentration is the largest observed corridor exposure
IrelandIRLCritical attention100%75.6%2.4%Current trade remains materially below historical peaks
BelarusBLRCritical attention75.9%59%8%Volatile products account for the largest observed corridor exposure
PolandPOLCritical attention90.7%68.3%14.9%Buyer-market concentration is the largest observed corridor exposure
LuxembourgLUXCritical attention100%69.3%2.3%Current trade remains materially below historical peaks
BrazilBRACritical attention94.2%65.5%14.9%Tariff, distance or agreement conditions create market-access friction

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Azerbaijan
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$119.1B0%Declining -2.6%
2USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.1B0.2%Accelerating +1.1%
3ChinaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$291.6B$98.6B0%Growing -6.7%
4ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Declining +10.5%
5IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$72.0B0.5%Growing -0.5%
6ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Declining +20.6%
7ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Accelerating +4%
8USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Declining -8.8%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Azerbaijan.
All HS4 export lines2024 ranking
Top HS4 export lines for Azerbaijan
RankHS4Parent HS2 sectorExportsShareActive HS6
12709HS4 detail codeMineral fuels (27) ↗$14.6B50.6%1
22711HS4 detail codeMineral fuels (27) ↗$7.7B26.8%7
32710HS4 detail codeMineral fuels (27) ↗$2.1B7.3%5
42701HS4 detail codeMineral fuels (27) ↗$643.5M2.2%4
59301HS4 detail codeArms and ammunition (93) ↗$289.1M1%3
67108HS4 detail codePrecious stones and metals (71) ↗$212.5M0.7%2
75201HS4 detail codeCotton (52) ↗$176.9M0.6%1
80810HS4 detail codeEdible fruit and nuts (08) ↗$175.7M0.6%7
90702HS4 detail codeVegetables (07) ↗$174.3M0.6%1
107606HS4 detail codeAluminium (76) ↗$158.5M0.6%4
113102HS4 detail codeFertilisers (31) ↗$154.1M0.5%7
123902HS4 detail codePlastics (39) ↗$139.3M0.5%4

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Azerbaijan combines $28.8B in exports with a broad partner network.

In 2024, Azerbaijan recorded $28.8B in reported exports and $19.1B in imports, producing a reported trade surplus of $9.7B. Exports changed -15.5% year on year and +5.6% annualized over three years. Mineral fuels (HS2 27) was the largest displayed export sector by value.

Destination network

Where Azerbaijan exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Azerbaijan
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1ItalyITA$9.8B34.1%-30.5%+0.7%
2TurkeyTUR$5.7B19.8%-10.4%+9.7%
3CzechiaCZE$1.3B4.7%+42.9%+47%
4RussiaRUS$1.2B4.1%-1.6%+8%
5IsraelISR$1.1B3.9%-20.9%+2.1%
6GermanyDEU$900.5M3.1%+3.9%+8%
7GreeceGRC$883.2M3.1%-35.2%+21.5%
8CroatiaHRV$869.7M3%+34.5%+5.8%
9IndiaIND$715.0M2.5%-14.2%+23.1%
10PortugalPRT$657.9M2.3%+85.2%+3.9%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$27.1B
2014
$25.2B
2015
$16.5B
2016
$14.0B
2017
$17.4B
2018
$21.0B
2019
$20.0B
2020
$14.7B
2021
$24.5B
2022
$42.6B
2023
$34.1B
2024
$28.8B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets10Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners7Country context
Shared-language partners0Country context
Average partner distance6,851 kmCalculated average
Partners with FTA3.7%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share56.4%

Covered value under attention

Critical share6.2%

Covered value marked critical

Below historical peak38.4%

Distance below route peaks

FTA-covered exports7.4%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: Market access exposure.

Momentum score-9.2

History-based indicator

Partner concentration1,664.9

Partner HHI

Product concentration3,338.8

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3AZE
Exports Usd$28.8B
Imports Usd$19.1B
Trade Balance Usd$9.7B
Yoy Exports Growth Pct-15.5%
Yoy Imports Growth Pct24.8%
Exports Cagr 3y Pct5.6%
Imports Cagr 3y Pct21.1%
Export Partner Hhi1,664.9
Export Product Hhi3,338.8
Momentum Score-9.2
Risk Score25
Gdp Million Usd74,315.88 million USD
Gdp Per Capita Usd$7.3K
Population10,202,830
Labor Force5,155.3
Investment Rate Pct29%
Savings Rate Pct40.4%
Secondary Education Pct93%
Tertiary Education Pct25.7%
Total Factor Productivity656.9
Trade Openness Pct56.6%
Exports Gdp Pct34%
Num Active Partners270
Num Fta Partners10
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners7
Num Shared Language Partners0
Avg Partner Distance Km6,851 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta4
Pct Partners Shared Language0
Pct Partners Shared Border3
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km6,902
Num Border Partners125
Num Colonial Partners25
Avg Substitution Elasticity-9.8
Pct Products High Elasticity70
Pct Products Low Elasticity4
Real Market Potential30,936,536.8
Foreign Market Potential391,708.3

Exposure fields

Country Iso3AZE
All History Lane Count3,218
Current Lane Count1,036
Critical Lane Count13
High Attention Lane Count199
High Volatility Lane Count536
Unrecovered Drawdown Lane Count338
Declining Demand Lane Count3
Concentrated Market Lane Count561
Access Friction Lane Count38
Buyer Macro Weakness Lane Count16
Monitored Exports Current Usd$28.5B
Attention Exports Usd$16.1B
Critical Exports Usd$1.8B
High Volatility Exports Usd$5.7B
Unrecovered Drawdown Exports Usd$9.8B
Non Fta Exports Usd$25.6B
Monitored Attention Share Pct56.4%
Monitored Critical Share Pct6.2%
Fta Covered Exports Share Pct7.4%
Export Weighted Volatility Cv0.9
Export Weighted Below Peak Pct38.4%
Export Weighted Distance Km2,849 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$28.8B
Total Imports Latest Usd$19.1B
Trade Balance Latest Usd$9.7B
Exports Yoy Latest Pct-15.5%
Exports Cagr 3y Latest Pct5.6%
Gdp Latest Million Usd74,315.88 million USD
Gdp Per Capita Latest Usd$7.3K
Population Latest10,202,830
Investment Rate Latest Pct29%
Savings Rate Latest Pct40.4%
Trade Openness Latest Pct56.6%
Exports Gdp Latest Pct34%
Active Partners Latest270
Fta Partners Latest10
Foreign Market Potential Latest391,708.3
Gdp 5y Cagr Pct9.1%
Gdp Per Capita 5y Cagr Pct8.7%
Population 5y Cagr Pct0.4%
Partner Hhi Latest1,664.9
Partner Top1 Share Latest Pct34.1%
Partner Top3 Share Latest Pct58.5%
Partner Hhi All Avg1,346.2
Partner Hhi All Max2,184.3
Product Hhi Latest3,338.8
Product Top1 Share Latest Pct50.6%
Product Top3 Share Latest Pct84.3%
Product Hhi All Avg4,978.3
Product Hhi All Max8,011.3
Total Exports Attention Share Pct55.8%
Total Exports Critical Share Pct6.2%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$521.4M$826.0M-$304.6MNot reportedNot reported
1996$639.9M$1.2B-$549.9M+22.7%Not reported
1997$861.7M$1.2B-$356.9M+34.7%Not reported
1998$646.0M$1.4B-$708.4M-25%+7.4%
1999$1.1B$1.1B-$30.7M+69.8%+19.7%
2000$1.8B$1.4B$402.2M+65.1%+28.1%
2001$2.2B$1.5B$730.0M+22.2%+50.7%
2002$2.3B$2.0B$287.0M+1.7%+27.1%
2003$2.5B$3.1B-$597.5M+9.2%+10.7%
2004$3.4B$4.2B-$742.6M+40.1%+15.9%
2005$4.5B$5.1B-$517.0M+31.8%+26.4%
2006$8.5B$7.2B$1.3B+87.7%+51.3%
2007$12.1B$7.1B$5.0B+41.4%+51.8%
2008$36.7B$9.3B$27.4B+204.4%+100.7%
2009$16.7B$7.3B$9.4B-54.4%+25.2%
2010$22.8B$9.0B$13.8B+36.3%+23.6%
2011$29.8B$11.7B$18.1B+30.9%-6.7%
2012$27.7B$13.2B$14.5B-7.2%+18.3%
2013$27.1B$14.6B$12.5B-1.9%+6%
2014$25.2B$13.1B$12.1B-7.2%-5.5%
2015$16.5B$10.3B$6.2B-34.5%-15.8%
2016$14.0B$7.9B$6.1B-15.3%-19.8%
2017$17.4B$8.6B$8.8B+24.3%-11.7%
2018$21.0B$10.5B$10.5B+20.6%+8.3%
2019$20.0B$12.3B$7.7B-4.4%+12.8%
2020$14.7B$10.2B$4.5B-26.5%-5.4%
2021$24.5B$10.8B$13.7B+66.3%+5.3%
2022$42.6B$13.1B$29.4B+73.8%+28.5%
2023$34.1B$15.3B$18.8B-19.9%+32.3%
2024$28.8B$19.1B$9.7B-15.5%+5.6%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
127Mineral fuels$25.4B88.1%9243
208Edible fruit and nuts$493.2M1.7%6164
339Plastics$310.5M1.1%69127
493Arms and ammunition$297.7M1%518
576Aluminium$256.6M0.9%4535
671Precious stones and metals$216.8M0.8%2341
752Cotton$216.3M0.8%1697
807Vegetables$210.5M0.7%3058
931Fertilisers$154.9M0.5%2020
1029Organic chemicals$124.0M0.4%35339

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
12709Mineral fuels (27)$14.6B50.6%1
22711Mineral fuels (27)$7.7B26.8%7
32710Mineral fuels (27)$2.1B7.3%5
42701Mineral fuels (27)$643.5M2.2%4
59301Arms and ammunition (93)$289.1M1%3
67108Precious stones and metals (71)$212.5M0.7%2
75201Cotton (52)$176.9M0.6%1
80810Edible fruit and nuts (08)$175.7M0.6%7
90702Vegetables (07)$174.3M0.6%1
107606Aluminium (76)$158.5M0.6%4
113102Fertilisers (31)$154.1M0.5%7
123902Plastics (39)$139.3M0.5%4

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1ItalyITA$9.8B34.1%-30.5%+0.7%
2TurkeyTUR$5.7B19.8%-10.4%+9.7%
3CzechiaCZE$1.3B4.7%+42.9%+47%
4RussiaRUS$1.2B4.1%-1.6%+8%
5IsraelISR$1.1B3.9%-20.9%+2.1%
6GermanyDEU$900.5M3.1%+3.9%+8%
7GreeceGRC$883.2M3.1%-35.2%+21.5%
8CroatiaHRV$869.7M3%+34.5%+5.8%
9IndiaIND$715.0M2.5%-14.2%+23.1%
10PortugalPRT$657.9M2.3%+85.2%+3.9%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Greece (GRC)Critical attention87.5%57.6%2.4%Current trade remains materially below historical peaks
2Turkey (TUR)High attention91.4%19.9%8.5%Buyer-market concentration is the largest observed corridor exposure
3Thailand (THA)Critical attention99.8%85%19.2%Volatile products account for the largest observed corridor exposure
4Tunisia (TUN)Critical attention100%58.1%24%Current trade remains materially below historical peaks
5United Kingdom (GBR)Critical attention99.1%61.7%Not reportedBuyer-market concentration is the largest observed corridor exposure
6Ireland (IRL)Critical attention100%75.6%2.4%Current trade remains materially below historical peaks
7Belarus (BLR)Critical attention75.9%59%8%Volatile products account for the largest observed corridor exposure
8Poland (POL)Critical attention90.7%68.3%14.9%Buyer-market concentration is the largest observed corridor exposure
9Luxembourg (LUX)Critical attention100%69.3%2.3%Current trade remains materially below historical peaks
10Brazil (BRA)Critical attention94.2%65.5%14.9%Tariff, distance or agreement conditions create market-access friction

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1United Arab Emirates (ARE)282759new$41.3M0.5%100
2Indonesia (IDN)271311new$36.3M0.6%100
3Indonesia (IDN)870380new$926.4M0%100
4Iran (Islamic Republic of) (IRN)080212new$55.7M0.3%100
5Iran (Islamic Republic of) (IRN)860800new$893.2K44.2%100
6Iraq (IRQ)831110new$23.0M1.1%100
7Ukraine (UKR)740311new$234.6K77.2%100
8Israel (ISR)070200new$17.9M4.3%100
9Israel (ISR)150910new$79.0M0.8%100
10Iraq (IRQ)870324new$2.2B0%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$119.1B0%Declining (-2.6%)
2USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.1B0.2%Accelerating (+1.1%)
3China (CHN)270900$291.6B$98.6B0%Growing (-6.7%)
4China (CHN)854231$158.0B$93.1B0%Declining (+10.5%)
5India (IND)270900$130.1B$72.0B0.5%Growing (-0.5%)
6China (CHN)854232$80.6B$65.7B0%Declining (+20.6%)
7China (CHN)854239$81.8B$61.4B0%Accelerating (+4%)
8USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Declining (-8.8%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Azerbaijan export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Azerbaijan export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Azerbaijan.

What is the latest reported export value for Azerbaijan?

Azerbaijan recorded $28.8B in reported exports in 2024.

Which markets receive the most exports from Azerbaijan?

Italy leads by reported export value at $9.8B in 2024. Five destination lanes are highlighted.

Which sectors lead Azerbaijan's exports?

Mineral fuels leads by reported value at $25.4B. Five HS2 chapters are highlighted.

How many years of Azerbaijan trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.