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Trade between Australia and Azerbaijan

In 2024, Australia exported $1.5 billion to Azerbaijan and imported $36 million. Australia ran a surplus of $1.4 billion with Azerbaijan, compared with a surplus of $256 million in 2019. Azerbaijan was Australia’s 36th largest trading partner (0.2% of its trade), and Australia was Azerbaijan’s 8th (3%).

Summary

Australia → Azerbaijan
$1.5billion
Azerbaijan → Australia
$36million
Australia’s balance
$1.4billion

Balance

Australia’s trade balance with Azerbaijan

Trade between Australia and Azerbaijan grew 2,604.9-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.5
  • Imports 0
  • Balance +1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$199 thousand$377 thousand-$178 thousand
1996$4 million$308 thousand$4 million
1997$1 million$91 thousand$1 million
1998$330 thousand$133 thousand$197 thousand
1999$2 million$54 thousand$1 million
2000$2 million$45 thousand$2 million
2001$2 million$13 thousand$2 million
2002$3 million$850$3 million
2003$7 million$94 thousand$6 million
2004$12 million$96 thousand$12 million
2005$8 million$29 thousand$8 million
2006$14 million$11 thousand$14 million
2007$7 million$130 thousand$7 million
2008$5 million$128 thousand$5 million
2009$6 million$121 million-$115 million
2010$7 million$26 million-$20 million
2011$8 million$87 million-$79 million
2012$10 million$63 million-$53 million
2013$15 million$276 million-$262 million
2014$12 million$77 million-$65 million
2015$10 million$568 thousand$9 million
2016$9 million$271 thousand$9 million
2017$7 million$616 thousand$6 million
2018$5 million$58 million-$53 million
2019$296 million$40 million$256 million
2020$5 million$93 million-$88 million
2021$30 million$22 million$9 million
2022$26 million$204 million-$178 million
2023$12 million$29 million-$17 million
2024$1.5 billion$36 million$1.4 billion

What they sell each other

What Australia sells to Azerbaijan

The top 10 headings in 2024, with their share of the total.

  1. Gold$1.5 billion · 99.2%
    18 tonnes · Australia’s destinations
  2. Vacuum cleaners$2 million · 0.15%
    14 tonnes
  3. Computers$1 million · 0.1%
    4 tonnes
  4. Other industrial machines$1 million · 0.07%
    21 tonnes
  5. Other electrical devices$990 thousand · 0.07%
    5 tonnes
  6. Pumice, emery and natural abrasives$630 thousand · 0.04%
    1 thousand tonnes
  7. Parts for cranes and excavators$287 thousand · 0.02%
    21 tonnes
  8. Other nuts (almonds, walnuts)$276 thousand · 0.02%
    40 tonnes
  9. 1 tonne
  10. Seeds for planting$222 thousand · 0.02%
    1 tonne

What Azerbaijan sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$36 million · 98.5%
    60 thousand tonnes · Azerbaijan’s destinations
  2. Jewelry$116 thousand · 0.32%
  3. Fruit and vegetable juices$87 thousand · 0.24%
    82 tonnes
  4. Parts for cranes and excavators$53 thousand · 0.15%
  5. 5 tonnes
  6. Surveying instruments$40 thousand · 0.11%
  7. 1 tonne
  8. Medicinal and aromatic plants$19 thousand · 0.05%
    3 tonnes
  9. Olive oil$19 thousand · 0.05%
    3 tonnes
  10. Water$18 thousand · 0.05%
    31 tonnes

How it travels

Australia and Azerbaijan traded $1.5 billion in 2024 (both directions together). They trade mostly by air: 97% of the value travels by plane.

Split by transport mode

  1. Sea$39 million · 2.6%
  2. Air$1.5 billion · 97.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Azerbaijan was Australia’s 36th largest trading partner (0.2% of its trade), and Australia was Azerbaijan’s 8th (3%).

Azerbaijan in Australia’s trade
0.2%
Azerbaijan’s rank among Australia’s partners
36th
Australia in Azerbaijan’s trade
3%
Australia’s rank among Azerbaijan’s partners
8th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.