GDP : 54,6 billion USD
GDP Growth Rate : %5,6
GDP per sector : Agriculture:%6,2, Industry:%51,7, Services:%42,1
GDP per capita : 5.452 USD
Inflation : %6,7
Unemployment : %5,96
Total Foreign Currency Reserve : 53,2 billion USD
Export : 22,2 billion USD
Import : 11,7 billion USD
Currency : Manat
Trade partners: Russia, Italy, Türkiye, People’s Republic of China
Exports : Petroleum and derivatives, natural gas, food products, plastics
Imports : Machinery, food products, vehicles and parts, iron-steel and products
Türkiye-Azerbaijan Economic Relations
Export goods: Machines, mechanical devices and tools, aerial vehicles, electrical machines and devices, plastics
Import goods: Cotton, cotton thread and textile, raw aluminum and products, plastics, mineral fuels, oils, natural gas
Turkish investment in Azerbaijan : 12 billion USD (2002-2020)
Azerbaijani investment in Türkiye : 19,5 billion USD (2002-2020)
Azerbaijani tourists visiting Türkiye : 470.618 (2021)
Trade Volume - 2021 (billion USD)
Export: 2,34
Import: 2,68
Volume: 5,02
Balance: -340 (million USD)
Writer
Turkish Export digital platform TR-EX is a new and extraordinary business model that takes into account the export-oriented supply and demand balance.