Names: conventional long form: Republic of Azerbaijan conventional short form: Azerbaijan local long form: Azarbaycan Respublikasi local short form: Azarbaycan former: Azerbaijan Soviet Socialist Republic

Capital City: Baku (Baki, Baky)

Population: 7,961,619 (July 2006 est.)

GDP Per Capita: $7,300 (2006 est.)

Currency: Azerbaijani manat (AZM)

Languages: Azerbaijani (Azeri) 89%, Russian 3%, Armenian 2%, other 6% (1995 est.)

Total Area: total: 86,600 sq km land: 86,100 sq km water: 500 sq km note: includes the exclave of Naxcivan Autonomous Republic and the Nagorno-Karabakh region; the region's autonomy was abolished by Azerbaijani Supreme Soviet on 26 November 1991 slightly smaller than Maine

Region: Asia

Industries: petroleum and natural gas, petroleum products, oilfield equipment; steel, iron ore; cement; chemicals and petrochemicals; textiles

Agriculture: cotton, grain, rice, grapes, fruit, vegetables, tea, tobacco; cattle, pigs, sheep, goats

Resources: petroleum, natural gas, iron ore, nonferrous metals, alumina

Labor Force: 5.191 million (2006 est.)
agriculture: 41% industry: 7% services: 52% (2001)

Exports: $12.51 billion f.o.b. (2006 est.)
oil and gas 90%, machinery, cotton, foodstuffs

Imports: $5.176 billion f.o.b. (2006 est.)
machinery and equipment, oil products, foodstuffs, metals, chemicals

Overview: Azerbaijan's number one export is oil. Azerbaijan's oil production declined through 1997, but has registered an increase every year since. Negotiation of production-sharing arrangements (PSAs) with foreign firms, which have thus far committed $60 billion to long-term oilfield development, should generate the funds needed to spur future industrial development. Oil production under the first of these PSAs, with the Azerbaijan International Operating Company, began in November 1997. A consortium of Western oil companies began pumping 1 million barrels a day from a large offshore field in early 2006, through a $4 billion pipeline it built from Baku to Turkey's Mediterranean port of Ceyhan. Economists estimate that by 2010 revenues from this project will double the country's current GDP. Azerbaijan shares all the formidable problems of the former Soviet republics in making the transition from a command to a market economy, but its considerable energy resources brighten its long-term prospects. Baku has only recently begun making progress on economic reform, and old economic ties and structures are slowly being replaced. Several other obstacles impede Azerbaijan's economic progress: the need for stepped up foreign investment in the non-energy sector, the continuing conflict with Armenia over the Nagorno-Karabakh region, and the pervasive corruption. Trade with Russia and the other former Soviet republics is declining in importance while trade is building with Turkey and the nations of Europe. Long-term prospects will depend on world oil prices, the location of new pipelines in the region, and Azerbaijan's ability to manage its oil wealth.

_{CIA World Book}

In 2007 Missouri exported $238,182 in goods to Azerbaijan. This ranks Azerbaijan 90^th among the 223 international buyers of Missouri goods. Missouri exports to Azerbaijan decreased from the previous year by $408,796 a change of -63.19%. State exports to Azerbaijan have decreased over the last 5 years by $49,184 a change of -17.12%. Missouri exports account for .00%. of all 2007 US exports to Azerbaijan.