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Exports In 2022, Azerbaijan exported $117M in Electrical energy, making it the 58th largest exporter of Electrical energy in the world. At the same year, Electrical energy was the 10th most exported product in Azerbaijan. The main destination of Electrical energy exports from Azerbaijan are: Turkey ($79.3M), Georgia ($28.4M), Iran ($5.47M), and Russia ($3.64M).

The fastest growing export markets for Electrical energy of Azerbaijan between 2021 and 2022 were Turkey ($54.3M).

Imports In 2022, Azerbaijan imported $6.48M in Electrical energy, becoming the 93rd largest importer of Electrical energy in the world. At the same year, Electrical energy was the 417th most imported product in Azerbaijan. Azerbaijan imports Electrical energy primarily from: Russia ($3.72M), Armenia ($1.27M), Iran ($841k), Georgia ($574k), and Uzbekistan ($79.4k).

The fastest growing import markets in Electrical energy for Azerbaijan between 2021 and 2022 were Uzbekistan ($45.9k).

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 Electrical energy. 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)$117M
IMPORTS (2022)$6.48M
NET TRADE (2022)$110M

In 2022, Azerbaijan exported $117M in Electrical energy. The main destinations of Azerbaijan exports on Electrical energy were Turkey ($79.3M), Georgia ($28.4M), Iran ($5.47M), and Russia ($3.64M).

In 2022, Azerbaijan imported $6.48M in Electrical energy, mainly from Russia ($3.72M), Armenia ($1.27M), Iran ($841k), Georgia ($574k), and Uzbekistan ($79.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical energy EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Turkey$54.3M (218%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical energy BY Azerbaijan WERE (2021 - 2022):
Iran-$5.81M (-51.5%)
Georgia-$2.38M (-7.72%)
Armenia-$722k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Electrical energy were:
In 2022, Azerbaijan's main importing competitors in Electrical energy were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electrical energy by Exporters

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