Summary
- Azerbaijan → Turkey
- $4.5billion
- Turkey → Azerbaijan
- $2.7billion
- Azerbaijan’s balance
- $1.9billion
Balance
Azerbaijan’s trade balance with Turkey
Trade between Azerbaijan and Turkey grew 39.3-fold since 1995
USD billions (current). Azerbaijan’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4.5
- Imports 2.7
- Balance +1.9
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $22 million | $161 million | -$139 million |
| 1996 | $53 million | $271 million | -$219 million |
| 1997 | $59 million | $285 million | -$227 million |
| 1998 | $119 million | $324 million | -$204 million |
| 1999 | $64 million | $239 million | -$175 million |
| 2000 | $116 million | $200 million | -$84 million |
| 2001 | $85 million | $208 million | -$122 million |
| 2002 | $100 million | $230 million | -$130 million |
| 2003 | $121 million | $286 million | -$164 million |
| 2004 | $171 million | $362 million | -$191 million |
| 2005 | $290 million | $460 million | -$170 million |
| 2006 | $413 million | $577 million | -$164 million |
| 2007 | $1.1 billion | $910 million | $141 million |
| 2008 | $658 million | $1.3 billion | -$622 million |
| 2009 | $149 million | $1.3 billion | -$1.1 billion |
| 2010 | $273 million | $1.2 billion | -$947 million |
| 2011 | $603 million | $1.7 billion | -$1.1 billion |
| 2012 | $764 million | $2 billion | -$1.3 billion |
| 2013 | $651 million | $2.3 billion | -$1.6 billion |
| 2014 | $535 million | $2.2 billion | -$1.6 billion |
| 2015 | $1.5 billion | $1.7 billion | -$127 million |
| 2016 | $1.2 billion | $1.3 billion | -$41 million |
| 2017 | $1.5 billion | $1.4 billion | $103 million |
| 2018 | $1.9 billion | $1.7 billion | $211 million |
| 2019 | $2.9 billion | $1.7 billion | $1.2 billion |
| 2020 | $2.6 billion | $1.9 billion | $712 million |
| 2021 | $2.9 billion | $2.2 billion | $613 million |
| 2022 | $3.6 billion | $2.4 billion | $1.2 billion |
| 2023 | $6.2 billion | $2.5 billion | $3.7 billion |
| 2024 | $4.5 billion | $2.7 billion | $1.9 billion |
What they sell each other
What Azerbaijan sells to Turkey
The top 10 headings in 2024, with their share of the total.
What Turkey sells to Azerbaijan
The top 10 headings in 2024, with their share of the total.
How it travels
Azerbaijan and Turkey traded $7.2 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
Turkey was Azerbaijan’s 2nd largest trading partner (14% of its trade), and Azerbaijan was Turkey’s 20th (1%).
- Turkey in Azerbaijan’s trade
- 14.5%
- Turkey’s rank among Azerbaijan’s partners
- 2nd
- Azerbaijan in Turkey’s trade
- 1.2%
- Azerbaijan’s rank among Turkey’s partners
- 20th
Compare with
Other partners of Azerbaijan
Other partners of Turkey
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.