2022
Exports
$3.35MWorld Rnk 49 / 118
Flag Rnk 88 / 848
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$10.7MWorld Rnk 65 / 195
Flag Rnk 252 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $3.35M in Aluminium Wire, making it the 49th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 88th most exported product in Azerbaijan. The main destination of Aluminium Wire exports from Azerbaijan are: Ukraine ($3.21M), Turkey ($130k), Belarus ($4.92k), and Georgia ($4.62k).

The fastest growing export markets for Aluminium Wire of Azerbaijan between N/A and 2022 were Ukraine ($3.21M), Turkey ($130k), and Belarus ($4.92k).

Imports In 2022, Azerbaijan imported $10.7M in Aluminium Wire, becoming the 65th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 252nd most imported product in Azerbaijan. Azerbaijan imports Aluminium Wire primarily from: Russia ($5.98M), Iran ($2.73M), China ($783k), India ($766k), and Turkey ($284k).

The fastest growing import markets in Aluminium Wire for Azerbaijan between 2021 and 2022 were Iran ($2.19M), India ($764k), and China ($204k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aluminium Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.35M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$7.31M

In 2022, Azerbaijan exported $3.35M in Aluminium Wire. The main destinations of Azerbaijan exports on Aluminium Wire were Ukraine ($3.21M), Turkey ($130k), Belarus ($4.92k), and Georgia ($4.62k).

In 2022, Azerbaijan imported $10.7M in Aluminium Wire, mainly from Russia ($5.98M), Iran ($2.73M), China ($783k), India ($766k), and Turkey ($284k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Azerbaijan WERE (N/A - 2022):
Ukraine$3.21M (1%)
Turkey$130k (1%)
Belarus$4.92k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Aluminium Wire were:
In 2022, Azerbaijan's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $259k
TOP IMPORT POTENTIALIndia+ $593k

Aluminium Wire’s highest export potential is Turkey. With an export gap of $259k.   Aluminium Wire’s highest import potential is India with an import gap of $593k.

See methodology.

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