This statistic has been calculated by ÌÇÐÄÆƽâ°æ 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.
Citation formats
Trade balance of goods in the Caucasus countries 2024
The statistic shows the trade balance of goods (exports minus imports of goods) in the Caucasus countries in Asia from 2014 to 2024. 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 2024, the trade deficit of goods in Armenia amounted to about **** billion U.S. dollars.
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WTO, & ÌÇÐÄÆƽâ°æ. (April 12, 2025). Caucasus countries: Trade balance of goods from 2014 to 2024 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 02, 2026, from /statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, und ÌÇÐÄÆƽâ°æ. "Caucasus countries: Trade balance of goods from 2014 to 2024 (in billion U.S. dollars)." Chart. April 12, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 02, 2026. /statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, ÌÇÐÄÆƽâ°æ. (2025). Caucasus countries: Trade balance of goods from 2014 to 2024 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 02, 2026. /statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO, and ÌÇÐÄÆƽâ°æ. "Caucasus Countries: Trade Balance of Goods from 2014 to 2024 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 12 Apr 2025, /statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
WTO & ÌÇÐÄÆƽâ°æ, Caucasus countries: Trade balance of goods from 2014 to 2024 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/ (last visited August 02, 2026)
Caucasus countries: Trade balance of goods from 2014 to 2024 (in billion U.S. dollars) [Graph], WTO, & ÌÇÐÄÆƽâ°æ, April 12, 2025. [Online]. Available: /statistics/980523/trade-balance-of-goods-in-the-caucasus-countries/
