Foreign Trade (As % of GDP) in Azerbaijan

Foreign trade as a share of GDP reached 90.7 % in 2017 in Azerbaijan, according to the National Statistical Office. This is 0.651 % more than in the previous year.

Historically, foreign trade as a share of GDP in Azerbaijan reached an all time high of 141 % in 1992 and an all time low of 55.3 % in 1994. When compared to Azerbaijan's main peers, foreign trade as a share of GDP in Azerbaijan amounted to 90.7 %, 113 % in Georgia, 48.8 % in Iran and 46.8 % in Russia in 2017.

Azerbaijan has been ranked 61st within the group of 165 countries we follow in terms of foreign trade as a share of GDP.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

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