Azerbaijan - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Azerbaijan was 56.80 as of 2020. Its highest value over the past 28 years was 575.61 in 1992, while its lowest value was 37.81 in 1998.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1992 575.61
1993 103.76
1994 120.09
1995 53.90
1996 50.09
1997 39.73
1998 37.81
1999 42.89
2000 55.32
2001 65.61
2002 61.47
2003 71.71
2004 82.15
2005 90.59
2006 87.14
2007 82.64
2008 78.11
2009 62.34
2010 62.79
2011 67.72
2012 61.78
2013 56.66
2014 49.77
2015 48.63
2016 57.03
2017 59.38
2018 67.46
2019 69.13
2020 56.80

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade