Caucasus countries - trade balance of goods 2011-2021

The statistic shows the trade balance of goods (exports minus imports of goods) in the Caucasus countries in Asia from 2011 to 2021. Caucasus stands for the mountain range between the Black Sea and the Caspian Sea, encompassing areas in Armenia, Azerbaijan, Georgia, and Russia. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2021, the trade deficit of goods in Armenia amounted to about 2.33 billion U.S. dollars.

Caucasus countries: Trade balance of goods from 2011 to 2021 (in billion U.S. dollars)

Characteristic	Armenia	Azerbaijan	Georgia	Russia
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

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Release date

October 2022

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Region

Azerbaijan, Armenia, Georgia, Russia

Survey time period

2011 to 2021

Supplementary notes

This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of goods exports minus the value of goods imported. A positive value indicates a trade surplus, a negative value a trade deficit.

Values have been rounded to provide a better understanding of the statistic.

Data include overseas departments.

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