2022
Exports
$2.39kWorld Rnk 108 / 133
Flag Rnk 683 / 848
2022
PRODUCT COMPLEXITY IN Felt
0.56Rnk 340 / 1025
2022
Imports
$2.7MWorld Rnk 72 / 206
Flag Rnk 485 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $2.39k in Felt, making it the 108th largest exporter of Felt in the world. At the same year, Felt was the 683rd most exported product in Azerbaijan. The main destination of Felt exports from Azerbaijan are: Russia ($2.39k).

The fastest growing export markets for Felt of Azerbaijan between N/A and 2022 were Russia ($2.39k).

Imports In 2022, Azerbaijan imported $2.7M in Felt, becoming the 72nd largest importer of Felt in the world. At the same year, Felt was the 485th most imported product in Azerbaijan. Azerbaijan imports Felt primarily from: Turkey ($2.32M), Iran ($310k), China ($21.1k), Russia ($14.5k), and United States ($11.2k).

The fastest growing import markets in Felt for Azerbaijan between 2021 and 2022 were Turkey ($569k), Iran ($63.4k), and United States ($10.3k).

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 Felt. 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)$2.39k
IMPORTS (2022)$2.7M
NET TRADE (2022)-$2.7M

In 2022, Azerbaijan exported $2.39k in Felt. The main destinations of Azerbaijan exports on Felt were Russia ($2.39k).

In 2022, Azerbaijan imported $2.7M in Felt, mainly from Turkey ($2.32M), Iran ($310k), China ($21.1k), Russia ($14.5k), and United States ($11.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt EXPORT MARKETS FOR Azerbaijan WERE (N/A - 2022):Russia$2.39k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Felt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $2.41k
TOP IMPORT POTENTIALChina+ $117k

Felt’s highest export potential is Russia. With an export gap of $2.41k.   Felt’s highest import potential is China with an import gap of $117k.

See methodology.

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