Overview In 2020, Azerbaijan was the number 89 economy in the world in terms of GDP (current US$), the number 78 in total exports, the number 95 in total imports,
the number 113 economy in terms of GDP per capita (current US$) and the number 83 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Azerbaijan are Crude Petroleum ($9.3B), Petroleum Gas ($2.2B), Refined Petroleum ($292M), Gold ($211M), and Tomatoes ($201M), exporting mostly to Italy ($4.06B), Turkey ($2.61B), Russia ($728M), Greece ($514M), and Georgia ($490M).
Imports The top imports of Azerbaijan are Cars ($615M), Gas Turbines ($321M), Packaged Medicaments ($302M), Wheat ($289M), and Broadcasting Equipment ($244M), importing mostly from Russia ($2.03B), Turkey ($2.03B), China ($936M), Germany ($473M), and United Kingdom ($448M).
Location Azerbaijan borders Armenia, Georgia, Iran, Russia, and Turkey by land and Turkmenistan by sea.