2023
Exports
$2.98MWorld Rnk 34 / 86
Flag Rnk 111 / 841
2023
PRODUCT COMPLEXITY IN Military Weapons
0.28Rnk 470 / 1025
2023
Imports
$1.65MWorld Rnk 59 / 142
Flag Rnk 609 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $2.98M in Military Weapons, making it the 34th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 111th most exported product in Azerbaijan. The main destination of Military Weapons exports from Azerbaijan are: Nigeria ($2.87M) and Ghana ($107k).

The fastest growing export markets for Military Weapons of Azerbaijan between 2022 and 2023 were Nigeria ($1.01M) and Ghana ($107k).

Imports In 2023, Azerbaijan imported $1.65M in Military Weapons, becoming the 59th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 609th most imported product in Azerbaijan. Azerbaijan imports Military Weapons primarily from: Egypt ($1.65M).

The fastest growing import markets in Military Weapons for Azerbaijan between 2022 and 2023 were Egypt ($1.65M).

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.98M
IMPORTS (2023)$1.65M
NET TRADE (2023)$1.33M

In 2023, Azerbaijan exported $2.98M in Military Weapons. The main destinations of Azerbaijan exports on Military Weapons were Nigeria ($2.87M) and Ghana ($107k).

In 2023, Azerbaijan imported $1.65M in Military Weapons, mainly from Egypt ($1.65M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Nigeria$1.01M (54.1%)
Ghana$107k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Military Weapons were:
In 2023, Azerbaijan's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.65k
TOP IMPORT POTENTIALSouth Africa+ $5.07k

Military Weapons’s highest export potential is Poland. With an export gap of $1.65k.   Military Weapons’s highest import potential is South Africa with an import gap of $5.07k.

See methodology.

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