globaltraffic.earth

Trade between Azerbaijan and Greece

In 2024, Azerbaijan exported $1.2 billion to Greece and imported $54 million. Azerbaijan ran a surplus of $1.1 billion with Greece, compared with a surplus of $309 million in 2019. Greece was Azerbaijan’s 10th largest trading partner (2% of its trade), and Azerbaijan was Greece’s 31st (0.9%).

Summary

Azerbaijan → Greece
$1.2billion
Greece → Azerbaijan
$54million
Azerbaijan’s balance
$1.1billion

Balance

Azerbaijan’s trade balance with Greece

Trade between Azerbaijan and Greece grew 369.3-fold since 1995

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

  • Exports 1.2
  • Imports 0.1
  • Balance +1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1 million$2 million-$1 million
1996$10 million$2 million$7 million
1997$15 million$19 million-$3 million
1998$6 million$13 million-$8 million
1999$12 million$3 million$9 million
2000$11 million$7 million$4 million
2001$18 million$13 million$5 million
2002$36 million$8 million$27 million
2003$41 million$16 million$25 million
2004$28 million$7 million$20 million
2005$84 million$7 million$77 million
2006$128 million$7 million$120 million
2007$148 million$33 million$115 million
2008$160 million$10 million$150 million
2009$180 million$11 million$169 million
2010$255 million$21 million$234 million
2011$152 million$13 million$139 million
2012$651 million$24 million$628 million
2013$906 million$10 million$896 million
2014$257 million$67 million$191 million
2015$229 million$20 million$209 million
2016$204 million$23 million$180 million
2017$132 million$12 million$120 million
2018$246 million$10 million$236 million
2019$326 million$17 million$309 million
2020$433 million$13 million$420 million
2021$573 million$22 million$551 million
2022$2.3 billion$34 million$2.3 billion
2023$1.3 billion$33 million$1.3 billion
2024$1.2 billion$54 million$1.1 billion

What they sell each other

What Azerbaijan sells to Greece

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

  1. Natural gas and LPG$649 million · 55.2%
    884 thousand tonnes
  2. Crude petroleum$353 million · 30%
    434 thousand tonnes · Azerbaijan’s destinations
  3. Refined petroleum$166 million · 14.2%
    95 thousand tonnes · Greece’s sources
  4. Alcohols$4 million · 0.32%
    6 thousand tonnes
  5. Raw tobacco$3 million · 0.26%
    823 tonnes
  6. Polyethylene$281 thousand · 0.02%
    344 tonnes
  7. Lubricant preparations$4 thousand · 0%
    2 tonnes
  8. Antifreeze$3 thousand · 0%
    4 tonnes
  9. Hydraulic brake fluids$2 thousand · 0%
    1 tonne
  10. Paintings and drawings$1 thousand · 0%

What Greece sells to Azerbaijan

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

  1. Aluminum oxide and hydroxide$32 million · 58.4%
    64 thousand tonnes
  2. Refined petroleum$6 million · 11.6%
    6 thousand tonnes · Greece’s destinations
  3. 90 tonnes · Greece’s destinations
  4. Aluminum foil$2 million · 2.8%
    216 tonnes
  5. Cement$1 million · 1.9%
    4 thousand tonnes
  6. Live plants and cuttings$935 thousand · 1.7%
    120 tonnes
  7. Plastic sheets and film$753 thousand · 1.4%
    182 tonnes
  8. Plastic pipes and hoses$735 thousand · 1.4%
    197 tonnes
  9. Raw tobacco$656 thousand · 1.2%
    74 tonnes
  10. 169 tonnes

How it travels

Estimated sea route from Batumi (Georgia) to Piraeus.

The estimated sea route between Batumi (Georgia) and Piraeus is 979 nautical miles (1,813 km) long: ≈ 2.5–3 days at sea (at 18 and 14 knots).

Passages it crosses: Bosporus and Dardanelles.

Azerbaijan is landlocked: it ships through Batumi (Georgia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.2 billion · 99.6%
  2. Air$5 million · 0.44%

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

How much each matters to the other

Greece was Azerbaijan’s 10th largest trading partner (2% of its trade), and Azerbaijan was Greece’s 31st (0.9%).

Greece in Azerbaijan’s trade
2.5%
Greece’s rank among Azerbaijan’s partners
10th
Azerbaijan in Greece’s trade
0.9%
Azerbaijan’s rank among Greece’s partners
31st

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.