Azerbaijan Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Azerbaijan's trade balance was $15.1B in 2025, ranked 31st globally. This represents a 122.5% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Azerbaijan's trade balance stood at $15.1B in 2025, a rise of +$8.3B from 2024. Based on recent trends, this figure is projected to reach $15.1B by 2025. Azerbaijan ranked 31st globally.
Azerbaijan’s trade balance has risen markedly since the early 1990s, expanding from 412,121,212.12 in 1990 to a World Bank‑reported 15,071,211,764.71 in 2025, which places the country 31st globally. The upward trajectory peaked in 2022 at 25,999,705,882.35, while the deepest deficit occurred in 2004 at –2,077,142,880.40, reflecting the volatility of oil‑dependent export revenues and shifting import needs. Over the 36‑year series, Azerbaijan’s surplus consistently outpaced that of peer economies such as Peru (15,667,717,603.63) and Algeria (14,659,852,533.40), underscoring a relatively stronger export performance within its regional cohort. The sustained surplus is driven by high hydrocarbon exports, but diversification efforts and global energy price trends will shape future balances; continued investment in non‑oil sectors could moderate the surplus and reduce exposure to commodity cycles.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $18.2B | - | - |
| 2026* trend | $16.6B | - | - |
| 2025* trend | $15.1B | - | - |
| 2025 | $15.1B | +$8.3B | #31 |
| 2024 | $6.8B | −$3.7B | #117 |
| 2023 | $10.5B | −$15.5B | #140 |
| 2022 | $26.0B | +$16.8B | #160 |
| 2021 | $9.2B | +$9.5B | #145 |
| 2020 | $-329.1M | −$6.2B | #90 |
| 2019 | $5.9B | −$1.9B | #146 |
| 2018 | $7.8B | +$5.0B | #150 |
| 2017 | $2.7B | +$1.7B | #137 |
| 2016 | $1.1B | −$534.0M | #128 |
| 2015 | $1.6B | −$11.3B | #141 |
| 2014 | $12.8B | −$3.6B | #153 |
| 2013 | $16.4B | −$2.9B | #153 |
| 2012 | $19.3B | −$2.0B | #153 |
| 2011 | $21.3B | +$3.5B | #157 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's trade balance was $15.1B in 2025. Ranked 31st globally. This represents a 122.5% increase from the previous year.
Azerbaijan's trade balance peaked at $26.0B in 2022.
The lowest trade balance in Azerbaijan was $-2.1B in 2004.
Azerbaijan ranks 31st globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Azerbaijan's trade balance is projected to reach $15.1B by 2025 based on trend extrapolation.
Azerbaijan's trade balance was approximately 15.07 billion ($15.1B) in 2025.
The trade balance of Azerbaijan in 2025 was $15.1B. This ranks 31st in the world.
Cite this page
@misc{historysaid_azerbaijan_trade-balance,
title = {Azerbaijan Trade Balance},
url = {https://historysaid.com/azerbaijan/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}