Summary
- Azerbaijan → Georgia
- $587million
- Georgia → Azerbaijan
- $681million
- Azerbaijan’s balance
- -$94million
Balance
Azerbaijan’s trade balance with Georgia
Trade between Azerbaijan and Georgia grew 11.4-fold since 1996
USD millions (current). Azerbaijan’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 587
- Imports 681
- Balance -93.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $0 | $0 | $0 |
| 1996 | $80 million | $31 million | $49 million |
| 1997 | $140 million | $36 million | $104 million |
| 1998 | $86 million | $27 million | $59 million |
| 1999 | $64 million | $19 million | $46 million |
| 2000 | $77 million | $19 million | $58 million |
| 2001 | $77 million | $10 million | $67 million |
| 2002 | $89 million | $30 million | $59 million |
| 2003 | $113 million | $17 million | $96 million |
| 2004 | $162 million | $24 million | $138 million |
| 2005 | $235 million | $90 million | $145 million |
| 2006 | $319 million | $102 million | $217 million |
| 2007 | $385 million | $125 million | $259 million |
| 2008 | $610 million | $173 million | $437 million |
| 2009 | $417 million | $141 million | $276 million |
| 2010 | $470 million | $223 million | $247 million |
| 2011 | $600 million | $386 million | $214 million |
| 2012 | $635 million | $541 million | $94 million |
| 2013 | $615 million | $650 million | -$35 million |
| 2014 | $608 million | $486 million | $121 million |
| 2015 | $540 million | $252 million | $288 million |
| 2016 | $500 million | $156 million | $344 million |
| 2017 | $571 million | $252 million | $319 million |
| 2018 | $593 million | $491 million | $102 million |
| 2019 | $562 million | $501 million | $61 million |
| 2020 | $513 million | $432 million | $81 million |
| 2021 | $603 million | $520 million | $83 million |
| 2022 | $642 million | $636 million | $6 million |
| 2023 | $659 million | $821 million | -$162 million |
| 2024 | $587 million | $681 million | -$94 million |
What they sell each other
What Azerbaijan sells to Georgia
The top 10 headings in 2024, with their share of the total.
What Georgia sells to Azerbaijan
The top 10 headings in 2024, with their share of the total.
How it travels
Azerbaijan and Georgia traded $1.3 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Georgia was Azerbaijan’s 9th largest trading partner (3% of its trade), and Azerbaijan was Georgia’s 6th (5%).
- Georgia in Azerbaijan’s trade
- 2.6%
- Georgia’s rank among Azerbaijan’s partners
- 9th
- Azerbaijan in Georgia’s trade
- 5.2%
- Azerbaijan’s rank among Georgia’s partners
- 6th
Compare with
Other partners of Azerbaijan
Other partners of Georgia
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.