2022
Exports
$746kWorld Rnk 64 / 144
Flag Rnk 194 / 848
2022
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 237 / 1025
2022
Imports
$6.64MWorld Rnk 77 / 200
Flag Rnk 320 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $746k in Locomotive Parts, making it the 64th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 194th most exported product in Azerbaijan. The main destination of Locomotive Parts exports from Azerbaijan are: Russia ($522k), Kazakhstan ($163k), France ($52.9k), Georgia ($5.92k), and Switzerland ($1.48k).

The fastest growing export markets for Locomotive Parts of Azerbaijan between 2021 and 2022 were Switzerland ($1.48k).

Imports In 2022, Azerbaijan imported $6.64M in Locomotive Parts, becoming the 77th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 320th most imported product in Azerbaijan. Azerbaijan imports Locomotive Parts primarily from: Czechia ($1.52M), Russia ($1.46M), Kazakhstan ($1.15M), Italy ($1.02M), and China ($446k).

The fastest growing import markets in Locomotive Parts for Azerbaijan between 2021 and 2022 were Czechia ($1.51M), Kazakhstan ($828k), and Russia ($703k).

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 Locomotive Parts. 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)$746k
IMPORTS (2022)$6.64M
NET TRADE (2022)-$5.9M

In 2022, Azerbaijan exported $746k in Locomotive Parts. The main destinations of Azerbaijan exports on Locomotive Parts were Russia ($522k), Kazakhstan ($163k), France ($52.9k), Georgia ($5.92k), and Switzerland ($1.48k).

In 2022, Azerbaijan imported $6.64M in Locomotive Parts, mainly from Czechia ($1.52M), Russia ($1.46M), Kazakhstan ($1.15M), Italy ($1.02M), and China ($446k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Switzerland$1.48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Azerbaijan WERE (2021 - 2022):
Russia-$526k (-50.2%)
Georgia-$178k (-96.8%)
Kazakhstan-$170k (-51%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Locomotive Parts were:
In 2022, Azerbaijan's main importing competitors in Locomotive Parts were:

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $229k
TOP IMPORT POTENTIALChina+ $525k

Locomotive Parts’s highest export potential is Russia. With an export gap of $229k.   Locomotive Parts’s highest import potential is China with an import gap of $525k.

See methodology.

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