2022
Exports
$2.11MWorld Rnk 78 / 208
Flag Rnk 114 / 848
2022
PRODUCT COMPLEXITY IN Other Engines
0.83Rnk 234 / 1025
2022
Imports
$10.6MWorld Rnk 88 / 223
Flag Rnk 253 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $2.11M in Other Engines, making it the 78th largest exporter of Other Engines in the world. At the same year, Other Engines was the 114th most exported product in Azerbaijan. The main destination of Other Engines exports from Azerbaijan are: United Kingdom ($1.01M), Netherlands ($316k), Norway ($258k), France ($235k), and Angola ($48.8k).

The fastest growing export markets for Other Engines of Azerbaijan between 2021 and 2022 were United Kingdom ($331k), Netherlands ($315k), and Norway ($257k).

Imports In 2022, Azerbaijan imported $10.6M in Other Engines, becoming the 88th largest importer of Other Engines in the world. At the same year, Other Engines was the 253rd most imported product in Azerbaijan. Azerbaijan imports Other Engines primarily from: United States ($1.84M), Turkey ($1.5M), Russia ($1.15M), United Kingdom ($1.01M), and United Arab Emirates ($767k).

The fastest growing import markets in Other Engines for Azerbaijan between 2021 and 2022 were Turkey ($860k), United States ($666k), and Russia ($519k).

Latest Trends

Nov 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 Other Engines. 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)$2.11M
IMPORTS (2022)$10.6M
NET TRADE (2022)-$8.51M

In 2022, Azerbaijan exported $2.11M in Other Engines. The main destinations of Azerbaijan exports on Other Engines were United Kingdom ($1.01M), Netherlands ($316k), Norway ($258k), France ($235k), and Angola ($48.8k).

In 2022, Azerbaijan imported $10.6M in Other Engines, mainly from United States ($1.84M), Turkey ($1.5M), Russia ($1.15M), United Kingdom ($1.01M), and United Arab Emirates ($767k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Kingdom$331k (48.7%)
Netherlands$315k (105k%)
Norway$257k (19.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Azerbaijan WERE (2021 - 2022):
Turkmenistan-$198k (-92.5%)
United Arab Emirates-$170k (-79.4%)
Russia-$92.3k (-77.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Other Engines were:
In 2022, Azerbaijan's main importing competitors in Other Engines were:

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $321k
TOP IMPORT POTENTIALUnited States+ $1.1M

Other Engines’s highest export potential is United Kingdom. With an export gap of $321k.   Other Engines’s highest import potential is United States with an import gap of $1.1M.

See methodology.

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