2022
Exports
$2.39kWorld Rnk 144 / 176
Flag Rnk 684 / 848
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$541kWorld Rnk 91 / 209
Flag Rnk 765 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $2.39k in Honey, making it the 144th largest exporter of Honey in the world. At the same year, Honey was the 684th most exported product in Azerbaijan. The main destination of Honey exports from Azerbaijan are: Qatar ($1.5k), Iraq ($441), Japan ($428), and Belgium ($20).

The fastest growing export markets for Honey of Azerbaijan between 2021 and 2022 were Qatar ($1.5k), Iraq ($441), and Japan ($315).

Imports In 2022, Azerbaijan imported $541k in Honey, becoming the 91st largest importer of Honey in the world. At the same year, Honey was the 765th most imported product in Azerbaijan. Azerbaijan imports Honey primarily from: Turkey ($221k), Russia ($219k), Spain ($46.5k), Germany ($22.1k), and Iran ($12k).

The fastest growing import markets in Honey for Azerbaijan between 2021 and 2022 were Spain ($16.9k), Germany ($9.54k), and Turkey ($6.18k).

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 Honey. 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)$541k
NET TRADE (2022)-$539k

In 2022, Azerbaijan exported $2.39k in Honey. The main destinations of Azerbaijan exports on Honey were Qatar ($1.5k), Iraq ($441), Japan ($428), and Belgium ($20).

In 2022, Azerbaijan imported $541k in Honey, mainly from Turkey ($221k), Russia ($219k), Spain ($46.5k), Germany ($22.1k), and Iran ($12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Qatar$1.5k (1%)
Iraq$441 (1%)
Japan$315 (279%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Azerbaijan WERE (2021 - 2022):
United Arab Emirates-$1.07k (-100%)
Kazakhstan-$759 (-100%)
Russia-$689 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.44k
TOP IMPORT POTENTIALTurkey+ $44.7k

Honey’s highest export potential is Japan. With an export gap of $1.44k.   Honey’s highest import potential is Turkey with an import gap of $44.7k.

See methodology.

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