Net trade in goods and services in Azerbaijan
Azerbaijan: Net trade in goods and services was 4.72 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods and services in Azerbaijan, 1995–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net trade in goods and services in Azerbaijan stood at 4.72 billion BoP, current US$.
The figure is down 30.3% on the previous year and up 198.0% over ten years.
Over the whole period, net trade in goods and services in Azerbaijan peaked at 26.00 billion BoP, current US$ in 2022 and was at its lowest, -2.08 billion BoP, current US$, in 2004.
That places Azerbaijan 44th out of 200 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Azerbaijan, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1995 | -505.36 million BoP, current US$ | — |
| 1996 | -985.55 million BoP, current US$ | +95.0% |
| 1997 | -951.07 million BoP, current US$ | -3.5% |
| 1998 | -1.42 billion BoP, current US$ | +48.8% |
| 1999 | -636.49 million BoP, current US$ | -55.0% |
| 2000 | 94.59 million BoP, current US$ | -114.9% |
| 2001 | 238.83 million BoP, current US$ | +152.5% |
| 2002 | -454.04 million BoP, current US$ | -290.1% |
| 2003 | -1.71 billion BoP, current US$ | +277.3% |
| 2004 | -2.08 billion BoP, current US$ | +21.3% |
| 2005 | 1.33 billion BoP, current US$ | -164.0% |
| 2006 | 5.82 billion BoP, current US$ | +338.0% |
| 2007 | 13.09 billion BoP, current US$ | +124.9% |
| 2008 | 20.67 billion BoP, current US$ | +57.9% |
| 2009 | 12.97 billion BoP, current US$ | -37.2% |
| 2010 | 18.00 billion BoP, current US$ | +38.7% |
| 2011 | 21.33 billion BoP, current US$ | +18.5% |
| 2012 | 19.29 billion BoP, current US$ | -9.6% |
| 2013 | 16.42 billion BoP, current US$ | -14.9% |
| 2014 | 12.84 billion BoP, current US$ | -21.8% |
| 2015 | 1.58 billion BoP, current US$ | -87.7% |
| 2016 | 1.05 billion BoP, current US$ | -33.6% |
| 2017 | 2.74 billion BoP, current US$ | +160.1% |
| 2018 | 7.70 billion BoP, current US$ | +181.6% |
| 2019 | 5.75 billion BoP, current US$ | -25.4% |
| 2020 | -417.80 million BoP, current US$ | -107.3% |
| 2021 | 9.06 billion BoP, current US$ | -2269.0% |
| 2022 | 26.00 billion BoP, current US$ | +186.9% |
| 2023 | 10.47 billion BoP, current US$ | -59.7% |
| 2024 | 6.77 billion BoP, current US$ | -35.3% |
| 2025 | 4.72 billion BoP, current US$ | -30.3% |
Azerbaijan compared with similar countries
- Azerbaijan's 4.72 billion BoP, current US$ is above the median for upper middle income countries, which is -288.45 million BoP, current US$. (57 countries reporting)
- Azerbaijan's 4.72 billion BoP, current US$ is above the median for Europe & Central Asia, which is 460.27 million BoP, current US$, 10.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Azerbaijan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +2269.0% | -417.80 million BoP, current US$ | 9.06 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -898.74 million BoP, current US$ | -1.42 billion BoP, current US$ | -505.36 million BoP, current US$ | 5 |
| 2000s | 5.00 billion BoP, current US$ | -2.08 billion BoP, current US$ | 20.67 billion BoP, current US$ | 10 |
| 2010s | 10.67 billion BoP, current US$ | 1.05 billion BoP, current US$ | 21.33 billion BoP, current US$ | 10 |
| 2020s | 9.43 billion BoP, current US$ | -417.80 million BoP, current US$ | 26.00 billion BoP, current US$ | 6 |
Countries ranked near Azerbaijan
More economy & growth data for Azerbaijan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.06 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 910.20 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 88.83 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 374.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 61.79 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 36.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Azerbaijan?
- Net trade in goods and services in Azerbaijan was 4.72 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Azerbaijan?
- The highest recorded value was 26.00 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods and services recorded in Azerbaijan?
- The lowest recorded value was -2.08 billion BoP, current US$ in 2004.
- How does Azerbaijan rank for net trade in goods and services?
- Azerbaijan ranks 44th out of 200 countries with data for 2025.
- Is net trade in goods and services rising or falling in Azerbaijan?
- Over the last ten years it is up 198.0%. The long-run trend across the full record is volatile.
- Where does this Azerbaijan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.