2022
Exports
$31.6MWorld Rnk 42 / 187
Flag Rnk 28 / 848
2022
PRODUCT COMPLEXITY IN Iron Pipes
-0.034Rnk 558 / 1025
2022
Imports
$108MWorld Rnk 53 / 221
Flag Rnk 21 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $31.6M in Iron Pipes, making it the 42nd largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 28th most exported product in Azerbaijan. The main destination of Iron Pipes exports from Azerbaijan are: Russia ($11M), Kazakhstan ($11M), Italy ($3.6M), Turkey ($2.94M), and Iran ($1.18M).

The fastest growing export markets for Iron Pipes of Azerbaijan between 2021 and 2022 were Kazakhstan ($11M), Italy ($2.1M), and Turkey ($1.15M).

Imports In 2022, Azerbaijan imported $108M in Iron Pipes, becoming the 53rd largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 21st most imported product in Azerbaijan. Azerbaijan imports Iron Pipes primarily from: Japan ($24.6M), Russia ($23.6M), China ($18.7M), Italy ($13.6M), and Ukraine ($5.68M).

The fastest growing import markets in Iron Pipes for Azerbaijan between 2021 and 2022 were China ($9.35M), Russia ($7.48M), and Georgia ($3.34M).

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 Pipes. 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)$31.6M
IMPORTS (2022)$108M
NET TRADE (2022)-$76M

In 2022, Azerbaijan exported $31.6M in Iron Pipes. The main destinations of Azerbaijan exports on Iron Pipes were Russia ($11M), Kazakhstan ($11M), Italy ($3.6M), Turkey ($2.94M), and Iran ($1.18M).

In 2022, Azerbaijan imported $108M in Iron Pipes, mainly from Japan ($24.6M), Russia ($23.6M), China ($18.7M), Italy ($13.6M), and Ukraine ($5.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kazakhstan$11M (1%)
Italy$2.1M (140%)
Turkey$1.15M (63.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Azerbaijan WERE (2021 - 2022):
Russia-$3.45M (-23.8%)
Ukraine-$155k (-100%)
Turkmenistan-$68.6k (-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 Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Azerbaijan's main importing competitors in Iron Pipes were:

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $2.94M
TOP IMPORT POTENTIALChina+ $8.48M

Iron Pipes’s highest export potential is Turkey. With an export gap of $2.94M.   Iron Pipes’s highest import potential is China with an import gap of $8.48M.

See methodology.

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