2022
Exports
$444kWorld Rnk 101 / 186
Flag Rnk 246 / 848
2022
PRODUCT COMPLEXITY IN Combustion Engines
1.13Rnk 126 / 1025
2022
Imports
$16.1MWorld Rnk 86 / 220
Flag Rnk 193 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $444k in Combustion Engines, making it the 101st largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 246th most exported product in Azerbaijan. The main destination of Combustion Engines exports from Azerbaijan are: Russia ($388k), Germany ($40.5k), Uzbekistan ($9.56k), Kazakhstan ($3k), and Panama ($2.6k).

The fastest growing export markets for Combustion Engines of Azerbaijan between 2021 and 2022 were Russia ($388k), Uzbekistan ($9.56k), and Kazakhstan ($3k).

Imports In 2022, Azerbaijan imported $16.1M in Combustion Engines, becoming the 86th largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 193rd most imported product in Azerbaijan. Azerbaijan imports Combustion Engines primarily from: United Arab Emirates ($4.22M), Russia ($3.36M), Latvia ($1.62M), China ($1.32M), and Lebanon ($1.15M).

The fastest growing import markets in Combustion Engines for Azerbaijan between 2021 and 2022 were United Arab Emirates ($3.36M), Russia ($2.52M), and Latvia ($1.62M).

Latest Trends

Jul 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 Combustion Engines. 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)$444k
IMPORTS (2022)$16.1M
NET TRADE (2022)-$15.6M

In 2022, Azerbaijan exported $444k in Combustion Engines. The main destinations of Azerbaijan exports on Combustion Engines were Russia ($388k), Germany ($40.5k), Uzbekistan ($9.56k), Kazakhstan ($3k), and Panama ($2.6k).

In 2022, Azerbaijan imported $16.1M in Combustion Engines, mainly from United Arab Emirates ($4.22M), Russia ($3.36M), Latvia ($1.62M), China ($1.32M), and Lebanon ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$388k (1%)
Uzbekistan$9.56k (1%)
Kazakhstan$3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Azerbaijan WERE (2021 - 2022):
Turkmenistan-$143k (-100%)
Georgia-$41.4k (-100%)
Germany-$4.97k (-10.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $200k
TOP IMPORT POTENTIALChina+ $1.05M

Combustion Engines’s highest export potential is Russia. With an export gap of $200k.   Combustion Engines’s highest import potential is China with an import gap of $1.05M.

See methodology.

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