Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Azerbaijan

Merchandise trade (% of GDP) in Azerbaijan in 2025 — 65.08%. Ranked 71 in the world out of 189. Since 1992, the indicator has fallen by 512.66 pp.

2025 65.08% +1.11 pp vs 2024
World rank 71of 189
Period maximum 577.75%1992
Period minimum 37.81%1998

Trend over time

1992–2025 · % of GDP

Merchandise trade (% of GDP) — Azerbaijan, 1992–202502004006001992199620002004200820122016202020241992: 577.75%1993: 103.73%1994: 120.1%1995: 53.9%1996: 50.09%1997: 39.72%1998: 37.81%1999: 42.89%2000: 55.32%2001: 65.61%2002: 61.46%2003: 71.71%2004: 82.15%2005: 90.59%2006: 87.14%2007: 82.65%2008: 78.11%2009: 62.34%2010: 62.79%2011: 67.72%2012: 61.78%2013: 56.67%2014: 49.77%2015: 48.63%2016: 57.03%2017: 59.37%2018: 67.46%2019: 69.13%2020: 57.3%2021: 61.85%2022: 66.86%2023: 70.67%2024: 63.97%2025: 65.08%
Change over the period: −512.66 pp Annual average: -15.54 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Azerbaijan

Azerbaijan 65.08%
World 43.89%
Western Asia computed 46.07%
Merchandise trade (% of GDP) — Azerbaijan, by year Azerbaijan All countries CSV XLSX
Year % Change, pp
2025 65.08 +1.11 pp
2024 63.97 −6.7 pp
2023 70.67 +3.81 pp
2022 66.86 +5 pp
2021 61.85 +4.55 pp
2020 57.3 −11.83 pp
2019 69.13 +1.67 pp
2018 67.46 +8.09 pp
2017 59.37 +2.34 pp
2016 57.03 +8.41 pp
2015 48.63 −1.15 pp
2014 49.77 −6.89 pp
2013 56.67 −5.12 pp
2012 61.78 −5.93 pp
2011 67.72 +4.93 pp
2010 62.79 +0.45 pp
2009 62.34 −15.78 pp
2008 78.11 −4.53 pp
2007 82.65 −4.5 pp
2006 87.14 −3.45 pp
2005 90.59 +8.44 pp
2004 82.15 +10.44 pp
2003 71.71 +10.25 pp
2002 61.46 −4.15 pp
2001 65.61 +10.29 pp
2000 55.32 +12.43 pp
1999 42.89 +5.09 pp
1998 37.81 −1.92 pp
1997 39.72 −10.36 pp
1996 50.09 −3.82 pp
1995 53.9 −66.2 pp
1994 120.1 +16.37 pp
1993 103.73 −474.01 pp
1992 577.75

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.