Azerbaijan: Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)

Key figures

What the numbers say

In 2023, Azerbaijan's merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rose 2.8 percentage points on 2022 (from 16.71% to 19.51%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0.56 percentage points and a typical year strayed about 1.49 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 4.59 percentage points in 2003 and the biggest yearly fall was 3.02 percentage points in 2005. 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 the straight-line trend is upward, about 1.2 percentage points a year. A straight line explains 96% of the movement over 10 observed years.

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 95th highest value of the 204 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

• Netherlands — 91st of 204: 19.68%
• Qatar — 92nd of 204: 19.6%
• Panama — 93rd of 204: 19.52%
• Marshall Islands — 95th of 204: 19.5%
• Guinea — 96th of 204: 19.4%
• Central African Republic — 97th of 204: 19.35%

What this measures

Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

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

All 32 values

Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in nearby economies

• Albania — 12.01% (2023)
• Armenia — 21.43% (2023)
• Austria — 5.19% (2023)
• Belarus — 10.22% (2023)
• Belgium — 8.31% (2023)
• Bosnia and Herzegovina — 11% (2023)
• Bulgaria

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 Europe & Central Asia (% of total merchandise imports) — 23.37% (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Azerbaijan's merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)?

19.51% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 19.46 percentage points from 0.05% in 1992. The highest value was 19.51% in 2023 and the lowest 0.05% in 1992.

How does Azerbaijan rank?

95th highest of 204 economies with data for 2023.

Is the latest change in merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) unusual for Azerbaijan?

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.R1.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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