2022
Exports
$3.18kWorld Rnk 125 / 179
Flag Rnk 667 / 848
2022
PRODUCT COMPLEXITY IN Candles
0.33Rnk 433 / 1025
2022
Imports
$998kWorld Rnk 110 / 219
Flag Rnk 679 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $3.18k in Candles, making it the 125th largest exporter of Candles in the world. At the same year, Candles was the 667th most exported product in Azerbaijan. The main destination of Candles exports from Azerbaijan are: Netherlands ($1.39k), Austria ($1.35k), United Kingdom ($214), Georgia ($136), and Turkey ($84).

The fastest growing export markets for Candles of Azerbaijan between 2021 and 2022 were Netherlands ($1.39k), Austria ($1.35k), and United Kingdom ($214).

Imports In 2022, Azerbaijan imported $998k in Candles, becoming the 110th largest importer of Candles in the world. At the same year, Candles was the 679th most imported product in Azerbaijan. Azerbaijan imports Candles primarily from: China ($440k), Italy ($162k), Russia ($99.2k), Hungary ($91.5k), and Poland ($55k).

The fastest growing import markets in Candles for Azerbaijan between 2021 and 2022 were Italy ($147k), Hungary ($91.5k), and Russia ($77.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Candles. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.18k
IMPORTS (2022)$998k
NET TRADE (2022)-$995k

In 2022, Azerbaijan exported $3.18k in Candles. The main destinations of Azerbaijan exports on Candles were Netherlands ($1.39k), Austria ($1.35k), United Kingdom ($214), Georgia ($136), and Turkey ($84).

In 2022, Azerbaijan imported $998k in Candles, mainly from China ($440k), Italy ($162k), Russia ($99.2k), Hungary ($91.5k), and Poland ($55k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Netherlands$1.39k (1%)
Austria$1.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Azerbaijan WERE (2021 - 2022):
Ukraine-$2.38k (-100%)
Turkey-$916 (-91.6%)
Georgia-$597 (-81.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Azerbaijan's main exporting competitors in Candles were:
China $1.27B
In 2022, Azerbaijan's main importing competitors in Candles were:

Explore Visualizations

Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $2.37k
TOP IMPORT POTENTIALChina+ $312k

Candles’s highest export potential is Netherlands. With an export gap of $2.37k.   Candles’s highest import potential is China with an import gap of $312k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with