2023
Exports
$127MWorld Rnk 35 / 127
Flag Rnk 13 / 841
2023
PRODUCT COMPLEXITY IN Coal Tar Oil
-0.02Rnk 567 / 1025
2023
Imports
$2.44MWorld Rnk 92 / 187
Flag Rnk 536 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $127M in Coal Tar Oil, making it the 35th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 13th most exported product in Azerbaijan. The main destination of Coal Tar Oil exports from Azerbaijan are: Turkey ($61.5M), Belgium ($42.9M), Estonia ($11.1M), Cyprus ($8.33M), and Italy ($2.64M).

The fastest growing export markets for Coal Tar Oil of Azerbaijan between 2022 and 2023 were Belgium ($31.1M), Estonia ($11.1M), and Italy ($2.64M).

Imports In 2023, Azerbaijan imported $2.44M in Coal Tar Oil, becoming the 92nd largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 536th most imported product in Azerbaijan. Azerbaijan imports Coal Tar Oil primarily from: United Arab Emirates ($669k), Netherlands ($542k), United States ($479k), Norway ($305k), and Iran ($147k).

The fastest growing import markets in Coal Tar Oil for Azerbaijan between 2022 and 2023 were United Arab Emirates ($560k), Norway ($305k), and Iran ($126k).

Latest Trends

Dec 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 Coal Tar Oil. 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 (2023)$127M
IMPORTS (2023)$2.44M
NET TRADE (2023)$124M

In 2023, Azerbaijan exported $127M in Coal Tar Oil. The main destinations of Azerbaijan exports on Coal Tar Oil were Turkey ($61.5M), Belgium ($42.9M), Estonia ($11.1M), Cyprus ($8.33M), and Italy ($2.64M).

In 2023, Azerbaijan imported $2.44M in Coal Tar Oil, mainly from United Arab Emirates ($669k), Netherlands ($542k), United States ($479k), Norway ($305k), and Iran ($147k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Belgium$31.1M (262%)
Estonia$11.1M (1%)
Italy$2.64M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY Azerbaijan WERE (2022 - 2023):
Turkey-$17.9M (-22.5%)
United States-$9.61M (-100%)
Cyprus-$3.83M (-31.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Coal Tar Oil were:
In 2023, Azerbaijan's main importing competitors in Coal Tar Oil were:

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Trade Value of Coal Tar Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.28M
TOP IMPORT POTENTIALNetherlands+ $394k

Coal Tar Oil’s highest export potential is United States. With an export gap of $7.28M.   Coal Tar Oil’s highest import potential is Netherlands with an import gap of $394k.

See methodology.

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