Summary
- Azerbaijan → Russia
- $1.2billion
- Russia → Azerbaijan
- $3.6billion
- Azerbaijan’s balance
- -$2.4billion
Balance
Azerbaijan’s trade balance with Russia
Trade between Azerbaijan and Russia grew 13.7-fold since 1996
USD billions (current). Azerbaijan’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.2
- Imports 3.6
- Balance -2.4
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $0 | $0 | $0 |
| 1996 | $141 million | $211 million | -$70 million |
| 1997 | $231 million | $250 million | -$19 million |
| 1998 | $138 million | $193 million | -$55 million |
| 1999 | $92 million | $183 million | -$91 million |
| 2000 | $123 million | $218 million | -$95 million |
| 2001 | $82 million | $156 million | -$74 million |
| 2002 | $88 million | $293 million | -$205 million |
| 2003 | $145 million | $428 million | -$283 million |
| 2004 | $192 million | $643 million | -$450 million |
| 2005 | $291 million | $836 million | -$545 million |
| 2006 | $336 million | $1.4 billion | -$1 billion |
| 2007 | $532 million | $1.3 billion | -$810 million |
| 2008 | $603 million | $1.9 billion | -$1.3 billion |
| 2009 | $742 million | $1.4 billion | -$694 million |
| 2010 | $811 million | $1.5 billion | -$701 million |
| 2011 | $1.2 billion | $1.9 billion | -$709 million |
| 2012 | $999 million | $1.9 billion | -$862 million |
| 2013 | $1 billion | $2 billion | -$932 million |
| 2014 | $482 million | $2 billion | -$1.5 billion |
| 2015 | $432 million | $1.8 billion | -$1.4 billion |
| 2016 | $429 million | $1.9 billion | -$1.4 billion |
| 2017 | $631 million | $1.7 billion | -$1 billion |
| 2018 | $689 million | $1.9 billion | -$1.2 billion |
| 2019 | $734 million | $2.4 billion | -$1.6 billion |
| 2020 | $732 million | $2 billion | -$1.3 billion |
| 2021 | $935 million | $2.1 billion | -$1.2 billion |
| 2022 | $974 million | $2.7 billion | -$1.7 billion |
| 2023 | $1.2 billion | $3.2 billion | -$2 billion |
| 2024 | $1.2 billion | $3.6 billion | -$2.4 billion |
What they sell each other
What Azerbaijan sells to Russia
The top 10 headings in 2024, with their share of the total.
What Russia sells to Azerbaijan
The top 10 headings in 2024, with their share of the total.
How it travels
Azerbaijan and Russia traded $4.8 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
Russia was Azerbaijan’s 3rd largest trading partner (10% of its trade), and Azerbaijan was Russia’s 19th (0.8%).
- Russia in Azerbaijan’s trade
- 9.7%
- Russia’s rank among Azerbaijan’s partners
- 3rd
- Azerbaijan in Russia’s trade
- 0.8%
- Azerbaijan’s rank among Russia’s partners
- 19th
Compare with
Other partners of Azerbaijan
Other partners of Russia
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.