2022
Exports
$20.6MWorld Rnk 15 / 175
Flag Rnk 31 / 848
2022
PRODUCT COMPLEXITY IN Copper Fasteners
1.39Rnk 71 / 1025
2022
Imports
$307kWorld Rnk 116 / 221
Flag Rnk 833 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $20.6M in Copper Fasteners, making it the 15th largest exporter of Copper Fasteners in the world. At the same year, Copper Fasteners was the 31st most exported product in Azerbaijan. The main destination of Copper Fasteners exports from Azerbaijan are: Turkey ($18.8M), United Arab Emirates ($1.14M), Russia ($364k), United Kingdom ($336k), and France ($2.37k).

The fastest growing export markets for Copper Fasteners of Azerbaijan between 2021 and 2022 were United Kingdom ($336k), France ($2.37k), and Kazakhstan ($42).

Imports In 2022, Azerbaijan imported $307k in Copper Fasteners, becoming the 116th largest importer of Copper Fasteners in the world. At the same year, Copper Fasteners was the 833rd most imported product in Azerbaijan. Azerbaijan imports Copper Fasteners primarily from: United Arab Emirates ($75.3k), Italy ($38.6k), Russia ($31.6k), Turkey ($31k), and Germany ($29.5k).

The fastest growing import markets in Copper Fasteners for Azerbaijan between 2021 and 2022 were United Arab Emirates ($63.7k), Italy ($37.3k), and Germany ($12.3k).

Latest Trends

Sep 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 Fasteners. 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)$20.6M
IMPORTS (2022)$307k
NET TRADE (2022)$20.3M

In 2022, Azerbaijan exported $20.6M in Copper Fasteners. The main destinations of Azerbaijan exports on Copper Fasteners were Turkey ($18.8M), United Arab Emirates ($1.14M), Russia ($364k), United Kingdom ($336k), and France ($2.37k).

In 2022, Azerbaijan imported $307k in Copper Fasteners, mainly from United Arab Emirates ($75.3k), Italy ($38.6k), Russia ($31.6k), Turkey ($31k), and Germany ($29.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Fasteners EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Kingdom$336k (134k%)
France$2.37k (1%)
Kazakhstan$42 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Fasteners BY Azerbaijan WERE (2021 - 2022):
Turkey-$920k (-4.67%)
Russia-$222k (-37.9%)
United Arab Emirates-$111k (-8.91%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Copper Fasteners by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $249k
TOP IMPORT POTENTIALChina+ $35.2k

Copper Fasteners’s highest export potential is Russia. With an export gap of $249k.   Copper Fasteners’s highest import potential is China with an import gap of $35.2k.

See methodology.

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