Azerbaijan Balance of Trade - Forecast

Balance of Trade in Azerbaijan is expected to be 1269844.57 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Azerbaijan to stand at 1381101.42 in 12 months time. In the long-term, the Azerbaijan Balance of Trade is projected to trend around 1819492.23 USD Thousand in 2020, according to our econometric models.


Azerbaijan Balance of Trade
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Azerbaijan Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 922539 1269845 1360628 1355903 1381101 1819492
Exports 3680432 3679719 3678479 3690986 3697502 3738091
Imports 2757893 2183181 2095267 2376601 2359586 2213034
Current Account 277 447 504 542 589 993
Current Account to GDP -3.2 1.3 1.3 1.3 1.3 4
Capital Flows 119 64.87 95.76 89.86 94.19 123
Crude Oil Production 748 751 749 746 743 714
Gold Reserves 0 -5.12 0.5 3.8 7.36 21.44
Foreign Direct Investment 1376 1312 1300 1293 1287 1292
Terrorism Index 1.15 1.59 1.8 2 2.21 0.93
Tourist Arrivals 8949 9400 9500 9600 9700 19300
Remittances 184 135 137 132 124 96.36