Azerbaijan recorded a trade surplus of 1437550 USD Thousand in the third quarter of 2025. Balance of Trade in Azerbaijan averaged 2444148.90 USD Thousand from 1998 until 2025, reaching an all time high of 8201764.00 USD Thousand in the second quarter of 2008 and a record low of -306551.00 USD Thousand in the fourth quarter of 1998. source: Central Bank of the Republic of Azerbaijan
Oil and natural gas account for around 95 percent of Azerbaijan’s total exports. As a result, the country consistently runs trade surpluses. In recent years, Azerbaijan’s trade relations have been shifting away from Russia and towards the European Union. Azerbaijan’s main trading partners are Italy, the United Kingdom, the United States, Turkey, Israel, France, Indonesia, Russia, Germany and India.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
1437550.00 |
1715952.00 |
8201764.00 |
-306551.00 |
1998 - 2025 |
USD Thousand |
Quarterly |
|