2022
Exports
$539kWorld Rnk 89 / 215
Flag Rnk 223 / 848
2022
PRODUCT COMPLEXITY IN Iron Pipe Fittings
1.14Rnk 121 / 1025
2022
Imports
$30.3MWorld Rnk 70 / 224
Flag Rnk 121 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $539k in Iron Pipe Fittings, making it the 89th largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 223rd most exported product in Azerbaijan. The main destination of Iron Pipe Fittings exports from Azerbaijan are: United Kingdom ($270k), Russia ($97.1k), China ($40.4k), Kazakhstan ($19.6k), and Iran ($19.2k).

The fastest growing export markets for Iron Pipe Fittings of Azerbaijan between 2021 and 2022 were United Kingdom ($253k), China ($40.4k), and Kazakhstan ($19.6k).

Imports In 2022, Azerbaijan imported $30.3M in Iron Pipe Fittings, becoming the 70th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 121st most imported product in Azerbaijan. Azerbaijan imports Iron Pipe Fittings primarily from: Italy ($5.72M), Turkey ($4.63M), United Kingdom ($4.55M), China ($2.72M), and United Arab Emirates ($2.7M).

The fastest growing import markets in Iron Pipe Fittings for Azerbaijan between 2021 and 2022 were Turkey ($2.17M), Russia ($2M), and Sweden ($889k).

Latest Trends

Nov 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 Iron Pipe Fittings. 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)$539k
IMPORTS (2022)$30.3M
NET TRADE (2022)-$29.7M

In 2022, Azerbaijan exported $539k in Iron Pipe Fittings. The main destinations of Azerbaijan exports on Iron Pipe Fittings were United Kingdom ($270k), Russia ($97.1k), China ($40.4k), Kazakhstan ($19.6k), and Iran ($19.2k).

In 2022, Azerbaijan imported $30.3M in Iron Pipe Fittings, mainly from Italy ($5.72M), Turkey ($4.63M), United Kingdom ($4.55M), China ($2.72M), and United Arab Emirates ($2.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Kingdom$253k (1.53k%)
China$40.4k (1%)
Kazakhstan$19.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Azerbaijan WERE (2021 - 2022):
Iran-$143k (-88.2%)
Netherlands-$39.6k (-82.6%)
Iraq-$34.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Iron Pipe Fittings were:
In 2022, Azerbaijan's main importing competitors in Iron Pipe Fittings were:

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $131k
TOP IMPORT POTENTIALChina+ $3.18M

Iron Pipe Fittings’s highest export potential is Russia. With an export gap of $131k.   Iron Pipe Fittings’s highest import potential is China with an import gap of $3.18M.

See methodology.

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