2021
Exports
$701World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron
0.61Rnk 318 / 1025
2021
Imports
$5.08MWorld Rnk 74 / 201
Flag Rnk 373 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $5.08M in Large Flat-Rolled Iron, becoming the 74th largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 373rd most imported product in Azerbaijan. Azerbaijan imports Large Flat-Rolled Iron primarily from: Turkey ($3.62M), Russia ($1.23M), Germany ($102k), United Kingdom ($52.3k), and Sweden ($48.4k).

The fastest growing import markets in Large Flat-Rolled Iron for Azerbaijan between 2021 and 2022 were Turkey ($899k), Russia ($707k), and Sweden ($47k).

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 Large Flat-Rolled Iron. 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 (2021)$701
IMPORTS (2022)$5.08M
NET TRADE (2022)-$5.08M

In 2022, Azerbaijan imported $5.08M in Large Flat-Rolled Iron, mainly from Turkey ($3.62M), Russia ($1.23M), Germany ($102k), United Kingdom ($52.3k), and Sweden ($48.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Iron BY Azerbaijan WERE (N/A - 2021):
Russia-$597 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.46B
Italy $674M
China $504M
In 2022, Azerbaijan's main importing competitors in Large Flat-Rolled Iron were:

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $458
TOP IMPORT POTENTIALGermany+ $197k

Large Flat-Rolled Iron’s highest export potential is United States. With an export gap of $458.   Large Flat-Rolled Iron’s highest import potential is Germany with an import gap of $197k.

See methodology.

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