The statistic shows the trade balance of goods (exports minus imports of goods) in the Caucasus countries in Asia from 2013 to 2023. 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 2023, the trade deficit of goods in Armenia amounted to about 3.89 billion U.S. dollars.
Caucasus countries: Trade balance of goods from 2013 to 2023
(in billion U.S. dollars)
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. (April 10, 2024). Caucasus countries: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 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 2013 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, Statista. (2024). Caucasus countries: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 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 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO & Statista, Caucasus countries: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/ (last visited November 21, 2024)
Caucasus countries: Trade balance of goods from 2013 to 2023 (in billion U.S. dollars) [Graph], WTO, & Statista, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
