2022
Exports
$4.56MWorld Rnk 113 / 221
Flag Rnk 42 / 95
2022
PRODUCT COMPLEXITY IN Miscellaneous edible preparations
0.054Rnk 531 / 1025
2022
Imports
$140MWorld Rnk 91 / 226
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $4.56M in Miscellaneous edible preparations, making it the 113th largest exporter of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 42nd most exported product in Azerbaijan. The main destination of Miscellaneous edible preparations exports from Azerbaijan are: Georgia ($3.52M), Israel ($188k), United States ($153k), Iraq ($142k), and Russia ($132k).

The fastest growing export markets for Miscellaneous edible preparations of Azerbaijan between 2021 and 2022 were Georgia ($1.78M), Iraq ($111k), and Israel ($105k).

Imports In 2022, Azerbaijan imported $140M in Miscellaneous edible preparations, becoming the 91st largest importer of Miscellaneous edible preparations in the world. At the same year, Miscellaneous edible preparations was the 25th most imported product in Azerbaijan. Azerbaijan imports Miscellaneous edible preparations primarily from: Russia ($49.8M), Turkey ($31.4M), Italy ($8.74M), Germany ($5.45M), and Ukraine ($5.38M).

The fastest growing import markets in Miscellaneous edible preparations for Azerbaijan between 2021 and 2022 were Russia ($8.78M), Turkey ($7.53M), and Ireland ($3.67M).

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 Miscellaneous edible preparations. 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)$4.56M
IMPORTS (2022)$140M
NET TRADE (2022)-$135M

In 2022, Azerbaijan exported $4.56M in Miscellaneous edible preparations. The main destinations of Azerbaijan exports on Miscellaneous edible preparations were Georgia ($3.52M), Israel ($188k), United States ($153k), Iraq ($142k), and Russia ($132k).

In 2022, Azerbaijan imported $140M in Miscellaneous edible preparations, mainly from Russia ($49.8M), Turkey ($31.4M), Italy ($8.74M), Germany ($5.45M), and Ukraine ($5.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Miscellaneous edible preparations EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$1.78M (102%)
Iraq$111k (360%)
Israel$105k (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Miscellaneous edible preparations BY Azerbaijan WERE (2021 - 2022):
Cote d'Ivoire-$200k (-70%)
Russia-$190k (-59%)
Turkey-$83.4k (-95.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Miscellaneous edible preparations were:
In 2022, Azerbaijan's main importing competitors in Miscellaneous edible preparations were:

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Trade Value of Miscellaneous edible preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $448k
TOP IMPORT POTENTIALGermany+ $4.22M

Miscellaneous edible preparations’s highest export potential is United States. With an export gap of $448k.   Miscellaneous edible preparations’s highest import potential is Germany with an import gap of $4.22M.

See methodology.

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