Merchandise Exports in Azerbaijan
Merchandise exports from Azerbaijan were worth USD 40.9 billion in 2022 compared to USD 31.7 billion ten years earlier, and averaged USD 22.0 billion over the last decade. For more exports information, visit our dedicated page.
Azerbaijan Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Azerbaijan from 2014 to 2023.
Source: Macrobond.
Azerbaijan Merchandise Exports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 19.9 | 12.6 | 21.7 | 42.2 | 29.2 |
| Merchandise Exports (ann. var. %) | -4.5 | -36.6 | 72.3 | 94.6 | -30.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Azerbaijani merchandise exports projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Azerbaijani merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Azerbaijani merchandise exports projections.
Want to get access to the full dataset of Azerbaijani merchandise exports forecasts? Send an email to info@focus-economics.com.