2022
Exports
$25.9kWorld Rnk 125 / 190
Flag Rnk 501 / 848
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$6.45MWorld Rnk 103 / 225
Flag Rnk 330 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $25.9k in Batteries, making it the 125th largest exporter of Batteries in the world. At the same year, Batteries was the 501st most exported product in Azerbaijan. The main destination of Batteries exports from Azerbaijan are: Kuwait ($11.7k), Georgia ($6.4k), United Kingdom ($2.05k), Russia ($1.61k), and Kazakhstan ($1.35k).

The fastest growing export markets for Batteries of Azerbaijan between 2021 and 2022 were Kuwait ($10.8k), Georgia ($2.8k), and Kazakhstan ($1.35k).

Imports In 2022, Azerbaijan imported $6.45M in Batteries, becoming the 103rd largest importer of Batteries in the world. At the same year, Batteries was the 330th most imported product in Azerbaijan. Azerbaijan imports Batteries primarily from: China ($1.73M), United Arab Emirates ($1.63M), United States ($1.03M), Germany ($610k), and Belgium ($388k).

The fastest growing import markets in Batteries for Azerbaijan between 2021 and 2022 were United Arab Emirates ($1.44M), China ($354k), and Malaysia ($240k).

Latest Trends

Nov 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 Batteries. 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)$25.9k
IMPORTS (2022)$6.45M
NET TRADE (2022)-$6.43M

In 2022, Azerbaijan exported $25.9k in Batteries. The main destinations of Azerbaijan exports on Batteries were Kuwait ($11.7k), Georgia ($6.4k), United Kingdom ($2.05k), Russia ($1.61k), and Kazakhstan ($1.35k).

In 2022, Azerbaijan imported $6.45M in Batteries, mainly from China ($1.73M), United Arab Emirates ($1.63M), United States ($1.03M), Germany ($610k), and Belgium ($388k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kuwait$10.8k (1.23k%)
Georgia$2.8k (78%)
Kazakhstan$1.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Azerbaijan WERE (2021 - 2022):
Iran-$36k (-100%)
Russia-$11.6k (-87.8%)
Singapore-$11.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $5.44k
TOP IMPORT POTENTIALChina+ $1.12M

Batteries’s highest export potential is United Kingdom. With an export gap of $5.44k.   Batteries’s highest import potential is China with an import gap of $1.12M.

See methodology.

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