2022
Exports
$1.31MWorld Rnk 67 / 133
Flag Rnk 149 / 848
2022
PRODUCT COMPLEXITY IN Copper Bars
0.25Rnk 470 / 1025
2022
Imports
$719kWorld Rnk 109 / 205
Flag Rnk 725 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.31M in Copper Bars, making it the 67th largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 149th most exported product in Azerbaijan. The main destination of Copper Bars exports from Azerbaijan are: Turkey ($1.31M).

The fastest growing export markets for Copper Bars of Azerbaijan between 2021 and 2022 were Turkey ($908k).

Imports In 2022, Azerbaijan imported $719k in Copper Bars, becoming the 109th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 725th most imported product in Azerbaijan. Azerbaijan imports Copper Bars primarily from: Turkey ($363k), United Arab Emirates ($169k), Spain ($51.9k), Italy ($29.4k), and China ($22.2k).

The fastest growing import markets in Copper Bars for Azerbaijan between 2021 and 2022 were United Arab Emirates ($169k), Spain ($30.3k), and Italy ($15.6k).

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 Copper Bars. 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)$1.31M
IMPORTS (2022)$719k
NET TRADE (2022)$594k

In 2022, Azerbaijan exported $1.31M in Copper Bars. The main destinations of Azerbaijan exports on Copper Bars were Turkey ($1.31M).

In 2022, Azerbaijan imported $719k in Copper Bars, mainly from Turkey ($363k), United Arab Emirates ($169k), Spain ($51.9k), Italy ($29.4k), and China ($22.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Turkey$908k (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY Azerbaijan WERE (2021 - 2022):
China-$1.09M (-100%)
United Arab Emirates-$367k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Copper Bars were:
Germany $1.22B
Italy $700M
In 2022, Azerbaijan's main importing competitors in Copper Bars were:

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $149k
TOP IMPORT POTENTIALTurkey+ $141k

Copper Bars’s highest export potential is Turkey. With an export gap of $149k.   Copper Bars’s highest import potential is Turkey with an import gap of $141k.

See methodology.

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