2022
Exports
$1.7kWorld Rnk 121 / 159
Flag Rnk 703 / 848
2022
PRODUCT COMPLEXITY IN Glass Beads
0.61Rnk 316 / 1025
2022
Imports
$1.48MWorld Rnk 91 / 208
Flag Rnk 595 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.7k in Glass Beads, making it the 121st largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 703rd most exported product in Azerbaijan. The main destination of Glass Beads exports from Azerbaijan are: United Kingdom ($1.64k), Turkey ($30), and Latvia ($29).

The fastest growing export markets for Glass Beads of Azerbaijan between 2021 and 2022 were United Kingdom ($1.64k) and Latvia ($29).

Imports In 2022, Azerbaijan imported $1.48M in Glass Beads, becoming the 91st largest importer of Glass Beads in the world. At the same year, Glass Beads was the 595th most imported product in Azerbaijan. Azerbaijan imports Glass Beads primarily from: China ($597k), Netherlands ($246k), France ($218k), United States ($112k), and United Arab Emirates ($66.6k).

The fastest growing import markets in Glass Beads for Azerbaijan between 2021 and 2022 were China ($272k), Netherlands ($204k), and United States ($108k).

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 Glass Beads. 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)$1.7k
IMPORTS (2022)$1.48M
NET TRADE (2022)-$1.48M

In 2022, Azerbaijan exported $1.7k in Glass Beads. The main destinations of Azerbaijan exports on Glass Beads were United Kingdom ($1.64k), Turkey ($30), and Latvia ($29).

In 2022, Azerbaijan imported $1.48M in Glass Beads, mainly from China ($597k), Netherlands ($246k), France ($218k), United States ($112k), and United Arab Emirates ($66.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Kingdom$1.64k (1%)
Latvia$29 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY Azerbaijan WERE (2021 - 2022):
Oman-$54.5k (-100%)
Egypt-$21.9k (-100%)
Russia-$2.25k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.29k
TOP IMPORT POTENTIALChina+ $210k

Glass Beads’s highest export potential is United Kingdom. With an export gap of $1.29k.   Glass Beads’s highest import potential is China with an import gap of $210k.

See methodology.

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