Applied tariffs
Simple average MFN applied
2024
7.4 %
Trade-weighted MFN average
2024
6.1 %
Share of MFN duty-free
2024
37.2 %
Bound tariffs
This economy is not a WTO member; therefore, no bound tariff indicators are applicable.
Imports
Total imports: 16,629.5 million USD in 2024
Imports by partner
Russian Federation
17.1 %
2,837.5
million USD
China
16.0 %
2,652.5
million USD
European Union
13.9 %
2,303.5
million USD
Türkiye
12.1 %
2,020.1
million USD
United Kingdom
6.8 %
1,122.9
million USD
United States of America
4.1 %
678.4
million USD
Australia
3.7 %
619.7
million USD
Iran
3.1 %
513.1
million USD
Georgia
2.7 %
456.8
million USD
Belarus
2.2 %
363.5
million USD
Rest of the World
18.4 %
3,061.4
million USD
Imports by products HS 2022
710813
Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
12.8 %
2,122.9
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
5.3 %
881.2
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.0 %
331.1
million USD
851713
Smartphones for wireless networks
2.0 %
326.3
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.9 %
314.6
million USD
870340
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion (excl. vehicles for travelling on snow, other specially designed vehicles of subheading 8703.10 and plug-in hybrids)
1.9 %
310.4
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.4 %
225.0
million USD
100199
Wheat and meslin (excl. seed for sowing, and durum wheat)
1.2 %
203.4
million USD
870360
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion, capable of being charged by plugging to external source of electric power (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.2 %
202.6
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
1.2 %
196.2
million USD
Rest of the products
69.2 %
11,515.8
million USD
Exports
Total exports: 22,742.8 million USD in 2024
Exports by destination
European Union
59.2 %
13,464.0
million USD
Türkiye
14.2 %
3,229.7
million USD
Israel
6.5 %
1,477.6
million USD
Russian Federation
4.3 %
972.5
million USD
India
3.2 %
733.4
million USD
Georgia
2.5 %
575.4
million USD
United Kingdom
1.8 %
400.7
million USD
Tunisia
1.2 %
278.6
million USD
Thailand
1.0 %
234.2
million USD
Switzerland
0.7 %
168.4
million USD
Rest of the World
5.3 %
1,208.3
million USD
Exports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
56.1 %
12,762.6
million USD
271121
Natural gas in gaseous state
30.1 %
6,848.5
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
1.3 %
306.4
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
0.7 %
162.8
million USD
520100
Cotton, neither carded nor combed
0.7 %
160.4
million USD
999999
Unspecified products
0.7 %
148.5
million USD
070200
Tomatoes, fresh or chilled
0.6 %
142.0
million USD
310210
Urea, whether or not in aqueous solution (excl. that in tablets or similar forms, or in packages with a gross weight of <= 10 kg)
0.5 %
102.5
million USD
080222
Fresh or dried hazelnuts or filberts "Corylus spp.", shelled
0.4 %
94.9
million USD
271600
Electrical energy
0.4 %
93.6
million USD
Rest of the products
8.4 %
1,920.6
million USD
Preferential regimes provided by Azerbaijan
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Azerbaijan as a beneficiary based on other economies reported preferential regimes
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