2022
Exports
$39.3kWorld Rnk 132 / 184
Flag Rnk 85 / 95
2022
PRODUCT COMPLEXITY IN Knitted fabrics
0.18Rnk 494 / 1025
2022
Imports
$37.4MWorld Rnk 94 / 216
Flag Rnk 56 / 96
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $39.3k in Knitted fabrics, making it the 132nd largest exporter of Knitted fabrics in the world. At the same year, Knitted fabrics was the 85th most exported product in Azerbaijan. The main destination of Knitted fabrics exports from Azerbaijan are: Ukraine ($14.5k), Georgia ($14.5k), and Belarus ($10.3k).

The fastest growing export markets for Knitted fabrics of Azerbaijan between 2021 and 2022 were Ukraine ($14.5k), Georgia ($14.5k), and Belarus ($10.3k).

Imports In 2022, Azerbaijan imported $37.4M in Knitted fabrics, becoming the 94th largest importer of Knitted fabrics in the world. At the same year, Knitted fabrics was the 56th most imported product in Azerbaijan. Azerbaijan imports Knitted fabrics primarily from: China ($19.2M), Turkey ($8.89M), Uzbekistan ($8.15M), United Arab Emirates ($561k), and South Korea ($274k).

The fastest growing import markets in Knitted fabrics for Azerbaijan between 2021 and 2022 were China ($4.56M), Uzbekistan ($748k), and United Arab Emirates ($230k).

Latest Trends

Oct 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 Knitted fabrics. 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)$39.3k
IMPORTS (2022)$37.4M
NET TRADE (2022)-$37.4M

In 2022, Azerbaijan exported $39.3k in Knitted fabrics. The main destinations of Azerbaijan exports on Knitted fabrics were Ukraine ($14.5k), Georgia ($14.5k), and Belarus ($10.3k).

In 2022, Azerbaijan imported $37.4M in Knitted fabrics, mainly from China ($19.2M), Turkey ($8.89M), Uzbekistan ($8.15M), United Arab Emirates ($561k), and South Korea ($274k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted fabrics EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Ukraine$14.5k (1%)
Georgia$14.5k (145k%)
Belarus$10.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted fabrics BY Azerbaijan WERE (2021 - 2022):
Hong Kong-$2.25k (-100%)
Indonesia-$81 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knitted fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelarus+ $7.37k
TOP IMPORT POTENTIALChina+ $4.96M

Knitted fabrics’s highest export potential is Belarus. With an export gap of $7.37k.   Knitted fabrics’s highest import potential is China with an import gap of $4.96M.

See methodology.

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