Azerbaijan: Merchandise imports by the reporting economy, residual (% of total merchandise imports)

Key figures

Over five years it is up 0.0000104 percentage points from 0% in 2018. Since 1992 it is up 0.0000104 percentage points from 0.00000000000000607% in 1992.

What the numbers say

In 2023, Azerbaijan's merchandise imports by the reporting economy, residual (% of total merchandise imports) rose 0 percentage points on 2022 (from 0.000000688% to 0.0000104%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0 percentage points and a typical year strayed about 0.04 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.14 percentage points in 2019 and the biggest yearly fall was 0.14 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 14% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Azerbaijan had the 130th highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Azerbaijan in the 2023 ranking

• South Africa — 127th of 205: 0.0000141%
• Kazakhstan — 128th of 205: 0.0000131%
• Mali — 129th of 205: 0.0000118%
• Oman — 131st of 205: 0.00000947%
• Armenia — 132nd of 205: 0.00000882%
• Kyrgyz Republic — 133rd of 205: 0.00000496%

What this measures

Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 32 values

Merchandise imports by the reporting economy, residual (% of total merchandise imports) in nearby economies

• Albania — 0.000351% (2023)
• Armenia — 0.00000882% (2023)
• Austria — 0.000536% (2023)
• Belarus — 0.00000371% (2023)
• Belgium — 0.00434% (2023)
• Bosnia and Herzegovina — 0.00101% (2023)
• Bulgaria — 0.000772% (2023)
• Croatia — 0.000579% (2023)
• Cyprus — 0.00166% (2023)
• Czechia — 0.00272% (2023)
• Denmark — 0.0000976% (2023)
• Estonia — 0.02% (2023)
• Faroe Islands — 0.000386% (2023)
• Finland — 0.0000206% (2023)
• France — 0.01% (2023)

More private sector & trade data for Azerbaijan

• Merchandise trade (% of GDP) — 65.08% (2025)
• Merchandise imports (current US$) — US$24.38 billion (2025)
• Merchandise exports (current US$) — US$25.04 billion (2025)
• Merchandise imports from economies in the Arab World (% of total merchandise imports) — 0.74% (2023)
• Merchandise imports from high-income economies (% of total merchandise imports) — 50.09% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 26.54% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 19.51% (2023)
• Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) — 23.37% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 2.2% (2023)
• Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) — 2.93% (2023)
• Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) — 1.78% (2023)
• Merchandise imports by the reporting economy (current US$) — US$17.28 billion (2023)
• Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) — 23.37% (2023)
• Merchandise exports to economies in the Arab World (% of total merchandise exports) — 0.62% (2023)
• Merchandise exports to high-income economies (% of total merchandise exports) — 74.61% (2023)

Every indicator for Azerbaijan is on the Azerbaijan data page.

Reading data like this

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Questions people ask

What is Azerbaijan's merchandise imports by the reporting economy, residual (% of total merchandise imports)?

0.0000104% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 0.0000104 percentage points from 0.00000000000000607% in 1992. The highest value was 0.14% in 2019 and the lowest 0% in 1994.

How does Azerbaijan rank?

130th highest of 205 economies with data for 2023.

Is the latest change in merchandise imports by the reporting economy, residual (% of total merchandise imports) unusual for Azerbaijan?

In 2023, Azerbaijan's merchandise imports by the reporting economy, residual (% of total merchandise imports) rose 0 percentage points on 2022 (from 0.000000688% to 0.0000104%). Across the 30 yearly changes before that (1993 to 2022), the average change was +0 percentage points and a typical year strayed about 0.04 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.RS.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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