Goods exports as a part of the balance of payment fell 11.0% to USD 26.0 bil in Azerbaijan in 2024, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Azerbaijan reached an all time high of USD 42.2 bil in 2022 and an all time low of USD 0.612 bil in 1995.
Azerbaijan has been ranked 62nd within the group of 103 countries we follow in terms of goods exports as a part of the balance of payment, 1 place below the position seen 10 years ago.
Goods Exports (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Armenia | USD bil | 2.72 | 3.36 | 2.72 | 3.28 | 5.71 | ||||||||||||||||
Azerbaijan | USD bil | 20.8 | 19.9 | 12.6 | 21.7 | 42.2 | ||||||||||||||||
China | USD bil | 2,417 | 2,387 | 2,510 | 3,216 | 3,347 | ||||||||||||||||
Georgia | USD bil | 4.41 | 4.95 | 4.35 | 5.54 | 7.54 | ||||||||||||||||
Germany | USD bil | 1,369 | 1,314 | 1,213 | 1,444 | 1,475 | ||||||||||||||||
Iran | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | USD bil | ... | 86.4 | 81.6 | 46.9 | 73.1 | 118 | ... | ||||||||||||||
Japan | USD bil | 736 | 695 | 631 | 750 | 752 | ||||||||||||||||
Pakistan | USD bil | 24.8 | 24.8 | 21.9 | 29.1 | 31.5 | ||||||||||||||||
Russia | USD bil | 444 | 420 | 334 | 494 | 592 | ||||||||||||||||
Turkey | USD bil | 179 | 182 | 168 | 225 | 253 | ||||||||||||||||
Turkmenistan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
USA | USD bil | 1,677 | 1,655 | 1,434 | 1,766 | 2,090 |