2020
Exports
$14.4kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2020
Imports
$594kWorld Rnk 95 / 172
Flag Rnk 753 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $594k in Magnesium Carbonate, becoming the 95th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 753rd most imported product in Azerbaijan. Azerbaijan imports Magnesium Carbonate primarily from: Russia ($208k), Turkey ($104k), United Arab Emirates ($67.1k), France ($59.8k), and Netherlands ($52k).

The fastest growing import markets in Magnesium Carbonate for Azerbaijan between 2021 and 2022 were Russia ($207k), France ($59.8k), and Netherlands ($52k).

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 Magnesium Carbonate. 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 (2020)$14.4k
IMPORTS (2022)$594k
NET TRADE (2022)-$594k

In 2022, Azerbaijan imported $594k in Magnesium Carbonate, mainly from Russia ($208k), Turkey ($104k), United Arab Emirates ($67.1k), France ($59.8k), and Netherlands ($52k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Azerbaijan's main exporting competitors in Magnesium Carbonate were:
In 2022, Azerbaijan's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $425
TOP IMPORT POTENTIALTurkey+ $77.4k

Magnesium Carbonate’s highest export potential is India. With an export gap of $425.   Magnesium Carbonate’s highest import potential is Turkey with an import gap of $77.4k.

See methodology.

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