Country import demand

Azerbaijan
import demand

A reported view of Azerbaijan's import scale, sector demand, supplier breadth, economy, and trade history.

AZE1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$19.1B2024 reported
Import growth+24.8%Year on year
Population10.2MReported population
GDP per capita$7.3KCurrent-dollar GDP
Trade openness56.6%Exports + imports / GDP

The country import read

What does Azerbaijan import?

In 2024, Azerbaijan recorded $19.1B in reported imports. Imports changed +24.8% year on year and +21.1% annualized over three years. Mineral fuels was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$14.6B
2014
$13.1B
2015
$10.3B
2016
$7.9B
2017
$8.6B
2018
$10.5B
2019
$12.3B
2020
$10.2B
2021
$10.8B
2022
$13.1B
2023
$15.3B
2024
$19.1B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$74.3B2024 macro context
GDP growth9.1%Five-year CAGR
Population growth0.4%Five-year CAGR
Investment rate29%National rate
Savings rate40.4%National rate
Trade openness56.6%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Azerbaijan
RankSectorImportsShareImport partnersActive HS6
1Mineral fuelsHS2 27$1.8B9.6%6543
2Edible fruit and nutsHS2 08$126.2M0.7%7564
3PlasticsHS2 39$439.3M2.3%97127
4Arms and ammunitionHS2 93$118.9M0.6%1318
5AluminiumHS2 76$287.3M1.5%6735
6Precious stones and metalsHS2 71$2.4B12.4%5341
7CottonHS2 52$8.4M0%2997
8VegetablesHS2 07$73.2M0.4%5158
9FertilisersHS2 31$64.8M0.3%3920
10Organic chemicalsHS2 29$49.4M0.3%59339

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,664.9Partner HHI
Top 3 partner share58.5%Reported concentration
FTA partner markets10Reported count
Average distance6,851 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

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 Usd74,315.9 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 Usd533,678,518.3 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 Border2.6%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km6,902 km
Num Border Partners125
Num Colonial Partners25
Avg Substitution Elasticity-9.8
Pct Products High Elasticity70.5
Pct Products Low Elasticity4
Real Market Potential30,936,536.8
Foreign Market Potential391,708.3

Supplier context

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 Usd74,315.9 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 import history

YearImportsExportsBalanceImports YoY
1995$826.0M$521.4M-$304.6M+0%
1996$1.2B$639.9M-$549.9M+44.1%
1997$1.2B$861.7M-$356.9M+2.4%
1998$1.4B$646.0M-$708.4M+11.1%
1999$1.1B$1.1B-$30.7M-16.7%
2000$1.4B$1.8B$402.2M+25%
2001$1.5B$2.2B$730.0M+5.2%
2002$2.0B$2.3B$287.0M+32.5%
2003$3.1B$2.5B-$597.5M+55.6%
2004$4.2B$3.4B-$742.6M+37%
2005$5.1B$4.5B-$517.0M+20.8%
2006$7.2B$8.5B$1.3B+41.9%
2007$7.1B$12.1B$5.0B-1.5%
2008$9.3B$36.7B$27.4B+32%
2009$7.3B$16.7B$9.4B-21.7%
2010$9.0B$22.8B$13.8B+23.3%
2011$11.7B$29.8B$18.1B+30.3%
2012$13.2B$27.7B$14.5B+12.6%
2013$14.6B$27.1B$12.5B+10.5%
2014$13.1B$25.2B$12.1B-10.5%
2015$10.3B$16.5B$6.2B-21.2%
2016$7.9B$14.0B$6.1B-23.1%
2017$8.6B$17.4B$8.8B+7.9%
2018$10.5B$21.0B$10.5B+22.8%
2019$12.3B$20.0B$7.7B+17.3%
2020$10.2B$14.7B$4.5B-16.9%
2021$10.8B$24.5B$13.7B+5%
2022$13.1B$42.6B$29.4B+22.3%
2023$15.3B$34.1B$18.8B+16.3%
2024$19.1B$28.8B$9.7B+24.8%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
127Mineral fuels$1.8B9.6%6543
208Edible fruit and nuts$126.2M0.7%7564
339Plastics$439.3M2.3%97127
493Arms and ammunition$118.9M0.6%1318
576Aluminium$287.3M1.5%6735
671Precious stones and metals$2.4B12.4%5341
752Cotton$8.4M0%2997
807Vegetables$73.2M0.4%5158
931Fertilisers$64.8M0.3%3920
1029Organic chemicals$49.4M0.3%59339

Questions about this profile

Azerbaijan import demand, in context

Short answers for import and supplier research.

What does the Azerbaijan import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Azerbaijan.

What is the latest reported import value for Azerbaijan?

Azerbaijan recorded $19.1B in reported imports in 2024.

Which sectors lead Azerbaijan's imports?

Mineral fuels leads by reported import value at $1.8B.

How many years of Azerbaijan import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

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

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). 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.