Merchandise trade as a share of gdp reached 62.1% in 2021 in Azerbaijan, according to the National Statistical Office. This is 8.34% more than in the previous year.
Historically, merchandise trade as a share of GDP in Azerbaijan reached an all time high of 576% in 1992 and an all time low of 37.8% in 1998.
Azerbaijan has been ranked 70th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.
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