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2022
Exports $2.24kWorld Rnk 130 / 182
Flag Rnk 687 / 848
2022
Destination $1.33k Austria
2021 - 2022
FASTEST GROWING MARKET $1.33kAustria
2022
PRODUCT COMPLEXITY IN Letter Stock0.28Rnk 459 / 1025
2022
Imports $662kWorld Rnk 97 / 221
Flag Rnk 736 / 1162
2022
Origin $297k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $297kTurkey
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $2.24k in Letter Stock, making it the 130th largest exporter of Letter Stock in the world. At the same year, Letter Stock was the 687th most exported product in Azerbaijan. The main destination of Letter Stock exports from Azerbaijan are: Austria ($1.33k), Georgia ($595), United Kingdom ($247), and Switzerland ($68).

The fastest growing export markets for Letter Stock of Azerbaijan between 2021 and 2022 were Austria ($1.33k), United Kingdom ($171), and Switzerland ($68).

Imports In 2022, Azerbaijan imported $662k in Letter Stock, becoming the 97th largest importer of Letter Stock in the world. At the same year, Letter Stock was the 736th most imported product in Azerbaijan. Azerbaijan imports Letter Stock primarily from: Turkey ($498k), Ukraine ($80.8k), Germany ($17.3k), China ($16.2k), and United Arab Emirates ($14.1k).

The fastest growing import markets in Letter Stock for Azerbaijan between 2021 and 2022 were Turkey ($297k), Ukraine ($66.8k), and Germany ($16.8k).

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 Letter Stock. 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)$2.24k
IMPORTS (2022)$662k
NET TRADE (2022)-$660k

In 2022, Azerbaijan exported $2.24k in Letter Stock. The main destinations of Azerbaijan exports on Letter Stock were Austria ($1.33k), Georgia ($595), United Kingdom ($247), and Switzerland ($68).

In 2022, Azerbaijan imported $662k in Letter Stock, mainly from Turkey ($498k), Ukraine ($80.8k), Germany ($17.3k), China ($16.2k), and United Arab Emirates ($14.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Letter Stock EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Austria$1.33k (1%)
United Kingdom$171 (225%)
Switzerland$68 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Letter Stock BY Azerbaijan WERE (2021 - 2022):
Georgia-$1.97k (-76.8%)
Russia-$1.38k (-100%)
Qatar-$294 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Letter Stock were:
China $308M
Poland $126M
Mexico $86M
In 2022, Azerbaijan's main importing competitors in Letter Stock were:
United States $230M
Germany $139M
Japan $77.7M

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Trade Value of Letter Stock by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $896
N/AN/AN/A

Letter Stock’s highest export potential is Austria. With an export gap of $896.   Letter Stock’s highest import potential is N/A with an import gap of N/A.

See methodology.

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