2022
Exports
$1.7MWorld Rnk 67 / 144
Flag Rnk 131 / 848
2022
PRODUCT COMPLEXITY IN Copper Wire
-0.44Rnk 683 / 1025
2022
Imports
$13.1MWorld Rnk 92 / 204
Flag Rnk 233 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.7M in Copper Wire, making it the 67th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 131st most exported product in Azerbaijan. The main destination of Copper Wire exports from Azerbaijan are: Georgia ($855k), Turkey ($497k), United Arab Emirates ($352k), and United Kingdom ($13).

The fastest growing export markets for Copper Wire of Azerbaijan between 2021 and 2022 were United Arab Emirates ($352k), Georgia ($156k), and United Kingdom ($13).

Imports In 2022, Azerbaijan imported $13.1M in Copper Wire, becoming the 92nd largest importer of Copper Wire in the world. At the same year, Copper Wire was the 233rd most imported product in Azerbaijan. Azerbaijan imports Copper Wire primarily from: Uzbekistan ($10.1M), Iran ($1.36M), Russia ($931k), Turkey ($649k), and China ($20.9k).

The fastest growing import markets in Copper Wire for Azerbaijan between 2021 and 2022 were Iran ($1.12M), United Arab Emirates ($12.9k), and France ($9.54k).

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 Wire. 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)$1.7M
IMPORTS (2022)$13.1M
NET TRADE (2022)-$11.3M

In 2022, Azerbaijan exported $1.7M in Copper Wire. The main destinations of Azerbaijan exports on Copper Wire were Georgia ($855k), Turkey ($497k), United Arab Emirates ($352k), and United Kingdom ($13).

In 2022, Azerbaijan imported $13.1M in Copper Wire, mainly from Uzbekistan ($10.1M), Iran ($1.36M), Russia ($931k), Turkey ($649k), and China ($20.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$156k (22.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Azerbaijan WERE (2021 - 2022):
Turkey-$2.19M (-81.5%)
Tajikistan-$2.92k (-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 Wire were:
In 2022, Azerbaijan's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $662k
TOP IMPORT POTENTIALIran+ $824k

Copper Wire’s highest export potential is Turkey. With an export gap of $662k.   Copper Wire’s highest import potential is Iran with an import gap of $824k.

See methodology.

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