The statistic shows the trade balance of goods (exports minus imports of goods) in the Caucasus countries in Asia from 2012 to 2022. 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 2022, the trade deficit of goods in Armenia amounted to about 3.41 billion U.S. dollars.
Caucasus countries: Trade balance of goods from 2012 to 2022
(in billion U.S. dollars)
Characteristic
Armenia
Azerbaijan
Georgia
Russia
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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.
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WTO, & Statista. (October 5, 2023). Caucasus countries: Trade balance of goods from 2012 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, und Statista. "Caucasus countries: Trade balance of goods from 2012 to 2022 (in billion U.S. dollars)." Chart. October 5, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, Statista. (2023). Caucasus countries: Trade balance of goods from 2012 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, and Statista. "Caucasus Countries: Trade Balance of Goods from 2012 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Oct 2023, https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO & Statista, Caucasus countries: Trade balance of goods from 2012 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/ (last visited August 24, 2024)
Caucasus countries: Trade balance of goods from 2012 to 2022 (in billion U.S. dollars) [Graph], WTO, & Statista, October 5, 2023. [Online]. Available: https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/