Azerbaijan Major Trade Partners
Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. The first table below shows top trading partners of Azerbaijan in terms of export sales (selling), including Italy, United States, and Israel. The second lists top trade partners of Azerbaijan regarding import total (buying). That is, most products are imported from these countries to Azerbaijan.
Azerbaijan Major Exports
Market Value: 47,163 (millions) – Last Updated: June, 2024
Rank | Country (Exports To) | Trade Value (thousands) | Share (%) | Growth (% 5yr) |
1 | Italy | 19,218,025 | 40.75 | 1,090.08 |
2 | United States | 6,012,870 | 12.75 | 23,043.32 |
3 | Israel | 3,605,552 | 7.64 | 1,013.72 |
4 | India | 2,431,586 | 5.16 | 45,056.44 |
5 | France | 2,322,144 | 4.92 | 3,371.89 |
6 | Spain | 1,497,473 | 3.18 | 26,586.12 |
7 | Indonesia | 1,411,071 | 2.99 | 990.85 |
8 | Netherlands | 1,352,621 | 2.87 | 9,345.04 |
9 | Chile | 933,981 | 1.98 | NA |
10 | United Kingdom | 924,090 | 1.96 | 13,939.78 |
11 | South Korea | 696,773 | 1.48 | 18,305.99 |
12 | Turkey | 614,586 | 1.30 | 236.55 |
13 | Canada | 566,114 | 1.20 | 241,200.94 |
14 | Russia | 547,545 | 1.16 | 161.05 |
15 | Croatia | 542,657 | 1.15 | 397.08 |
16 | China | 497,984 | 1.06 | 1,470.05 |
17 | Georgia | 466,676 | 0.99 | 147.13 |
18 | Iran | 333,099 | 0.71 | 116.95 |
19 | Greece | 290,415 | 0.62 | 1,336.00 |
20 | Kazakhstan | 279,895 | 0.59 | 2,875.21 |
21 | Portugal | 260,349 | 0.55 | 8,776.91 |
22 | Germany | 203,176 | 0.43 | 440.44 |
23 | Bulgaria | 194,130 | 0.41 | 293.70 |
24 | Brazil | 182,498 | 0.39 | 1,773,278.91 |
25 | Ukraine | 163,958 | 0.35 | 1,237.83 |
26 | Romania | 160,801 | 0.34 | 95.39 |
27 | Finland | 160,551 | 0.34 | 563,434.09 |
28 | Japan | 145,864 | 0.31 | 42,090.08 |
29 | Malta | 113,451 | 0.24 | 609.95 |
30 | Norway | 108,986 | 0.23 | 9,199.62 |
31 | Poland | 89,034 | 0.19 | 3,272.40 |
32 | Slovenia | 82,121 | 0.17 | 617.20 |
33 | Thailand | 77,198 | 0.16 | 139,438.50 |
34 | Hong Kong | 75,597 | 0.16 | 318.43 |
35 | Bahamas | 64,676 | 0.14 | NA |
36 | Sweden | 62,841 | 0.13 | 683,033.18 |
Azerbaijan Major Imports
Market Value: 5,706 (millions) – Last Updated: June, 2024
Rank | Country (Imports From) | Trade Value (thousands) | Share (%) | Growth (% 5yr) |
1 | Russia | 1,182,936 | 20.73 | 107.76 |
2 | Turkey | 592,398 | 10.38 | 163.39 |
3 | Germany | 492,621 | 8.63 | 148.26 |
4 | Ukraine | 490,906 | 8.60 | 188.19 |
5 | China | 391,123 | 6.86 | 168.88 |
6 | United Kingdom | 302,377 | 5.30 | (28.30) |
7 | Finland | 229,593 | 4.02 | 3,238.66 |
8 | Japan | 219,788 | 3.85 | 72.91 |
9 | United States | 204,226 | 3.58 | 54.90 |
10 | Kazakhstan | 192,191 | 3.37 | (18.82) |
11 | South Korea | 144,971 | 2.54 | 501.17 |
12 | Italy | 128,742 | 2.26 | 20.63 |
13 | India | 99,138 | 1.74 | 110.87 |
14 | Brazil | 92,696 | 1.62 | 734.04 |
15 | France | 92,213 | 1.62 | (23.22) |
16 | Switzerland | 57,198 | 1.00 | 112.53 |
17 | Belarus | 56,328 | 0.99 | 414.76 |
18 | Iran | 50,946 | 0.89 | 12.46 |
19 | Austria | 50,406 | 0.88 | 193.60 |
20 | Netherlands | 50,119 | 0.88 | (67.16) |
21 | Turkmenistan | 49,763 | 0.87 | (56.52) |
22 | Belgium | 43,915 | 0.77 | 42.46 |
23 | Georgia | 41,005 | 0.72 | 182.96 |
24 | Romania | 37,086 | 0.65 | 361.78 |
25 | United Arab Emirates | 34,325 | 0.60 | 10.29 |
26 | Israel | 33,928 | 0.59 | 727.23 |
27 | Malaysia | 31,689 | 0.56 | (74.73) |
28 | Croatia | 30,000 | 0.53 | 3,347.68 |
29 | Singapore | 25,673 | 0.45 | 188.70 |
30 | Guinea | 22,225 | 0.39 | (7.87) |
31 | Thailand | 17,075 | 0.30 | 430.35 |
32 | Uzbekistan | 16,931 | 0.30 | (78.75) |
33 | Lithuania | 16,697 | 0.29 | 614.00 |
34 | Spain | 16,291 | 0.29 | 48.12 |
35 | Denmark | 14,001 | 0.25 | 148.26 |
36 | Poland | 11,944 | 0.21 | (37.85) |