2022
Exports
$14MWorld Rnk 103 / 210
Flag Rnk 31 / 95
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$127MWorld Rnk 89 / 225
Flag Rnk 27 / 96
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $14M in Inorganic chemicals, making it the 103rd largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 31st most exported product in Azerbaijan. The main destination of Inorganic chemicals exports from Azerbaijan are: Russia ($11.7M), India ($900k), China ($846k), Turkey ($176k), and Georgia ($115k).

The fastest growing export markets for Inorganic chemicals of Azerbaijan between 2021 and 2022 were Russia ($10.4M), China ($252k), and Belgium ($96.9k).

Imports In 2022, Azerbaijan imported $127M in Inorganic chemicals, becoming the 89th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 27th most imported product in Azerbaijan. Azerbaijan imports Inorganic chemicals primarily from: Russia ($19.8M), Turkey ($18.2M), Australia ($17.2M), Israel ($13.1M), and Iran ($11.5M).

The fastest growing import markets in Inorganic chemicals for Azerbaijan between 2021 and 2022 were Australia ($17.1M), Turkey ($7.58M), and Greece ($7.24M).

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 Inorganic chemicals. 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)$14M
IMPORTS (2022)$127M
NET TRADE (2022)-$113M

In 2022, Azerbaijan exported $14M in Inorganic chemicals. The main destinations of Azerbaijan exports on Inorganic chemicals were Russia ($11.7M), India ($900k), China ($846k), Turkey ($176k), and Georgia ($115k).

In 2022, Azerbaijan imported $127M in Inorganic chemicals, mainly from Russia ($19.8M), Turkey ($18.2M), Australia ($17.2M), Israel ($13.1M), and Iran ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$10.4M (792%)
China$252k (42.5%)
Belgium$96.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Azerbaijan WERE (2021 - 2022):
India-$3.21M (-78.1%)
Iran-$489k (-100%)
Netherlands-$82.6k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.2M
TOP IMPORT POTENTIALChina+ $3.98M

Inorganic chemicals’s highest export potential is China. With an export gap of $1.2M.   Inorganic chemicals’s highest import potential is China with an import gap of $3.98M.

See methodology.

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