Azerbaijan recorded a trade surplus of 1873068 USD Thousand in the first quarter of 2020.
Balance of Trade in Azerbaijan averaged 2301118.56 USD Thousand from 1998 until 2020, 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. This page provides the latest reported value for - Azerbaijan Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Azerbaijan Balance of Trade - values, historical data and charts - was last updated on September of 2020.
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 2021, according to our econometric models.