Azerbaijan

On this page you will find beneficial information regarding foreign direct investment in / trading with Azerbaijan. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Presidential Republic
Population: 10.14 million (2021)
GDP: 54.62 billion USD (2021)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 25%
Major Exports: Crude Petroleum ($13.5B), Petroleum Gas ($5.73B), Refined Petroleum ($641M), Raw Cotton ($209M), and Gold ($202M), exporting mostly to Italy ($9.46B), Turkey ($2.83B), Russia ($931M), Israel ($898M), and Croatia ($741M).
Major Imports: Cars ($815M), Wheat ($354M), Packaged Medicaments ($308M), Broadcasting Equipment ($283M), and Refined Petroleum ($260M), importing mostly from Turkey ($2.37B), Russia ($2.24B), China ($1.28B), United Kingdom ($531M), and Georgia ($528M).

May 9, 2023
Employment Rules and Regulations in Azerbaijan

How to Register a Trademark in Azerbaijan

June 24, 2022
Employment Rules and Regulations in Azerbaijan

Employment Rules and Regulations in Azerbaijan

April 9, 2022
Employment Rules and Regulations in Azerbaijan

The Major Imports of Azerbaijan

April 4, 2022
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How to Register a Company in Azerbaijan

June 26, 2021
Employment Rules and Regulations in Azerbaijan

Major exports of Azerbaijan

March 28, 2021
Employment Rules and Regulations in Azerbaijan

The Role of Chambers of Commerce in Azerbaijan

April 5, 2020
Employment Rules and Regulations in Azerbaijan

Corporate income tax in Azerbaijan