Azerbaijan recorded a trade surplus of 2008164.70 USD Thousand in the third quarter of 2019. Balance of Trade in Azerbaijan averaged 2313680.71 USD Thousand from 1998 until 2019, reaching an all time high of 8201764 USD Thousand in the second quarter of 2008 and a record low of -306551 USD Thousand in the fourth quarter of 1998.
Balance of Trade in Azerbaijan is expected to be 2419000.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Azerbaijan to stand at 2108900.00 in 12 months time. In the long-term, the Azerbaijan Balance of Trade is projected to trend around 2108900.00 USD Thousand in 2020, according to our econometric models.