2022
Exports
$186kWorld Rnk 111 / 218
Flag Rnk 328 / 848
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$6.52MWorld Rnk 107 / 224
Flag Rnk 324 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $186k in Other Hand Tools, making it the 111th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 328th most exported product in Azerbaijan. The main destination of Other Hand Tools exports from Azerbaijan are: Oman ($78.2k), United Kingdom ($26.9k), United Arab Emirates ($17.6k), Switzerland ($11.1k), and Netherlands ($9.88k).

The fastest growing export markets for Other Hand Tools of Azerbaijan between 2021 and 2022 were Oman ($78.2k), United Kingdom ($24.2k), and United Arab Emirates ($17.3k).

Imports In 2022, Azerbaijan imported $6.52M in Other Hand Tools, becoming the 107th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 324th most imported product in Azerbaijan. Azerbaijan imports Other Hand Tools primarily from: China ($3.17M), Turkey ($1.05M), United Kingdom ($732k), Germany ($205k), and United States ($169k).

The fastest growing import markets in Other Hand Tools for Azerbaijan between 2021 and 2022 were United Kingdom ($504k), China ($348k), and Germany ($119k).

Latest Trends

Sep 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 Hand Tools. 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)$186k
IMPORTS (2022)$6.52M
NET TRADE (2022)-$6.33M

In 2022, Azerbaijan exported $186k in Other Hand Tools. The main destinations of Azerbaijan exports on Other Hand Tools were Oman ($78.2k), United Kingdom ($26.9k), United Arab Emirates ($17.6k), Switzerland ($11.1k), and Netherlands ($9.88k).

In 2022, Azerbaijan imported $6.52M in Other Hand Tools, mainly from China ($3.17M), Turkey ($1.05M), United Kingdom ($732k), Germany ($205k), and United States ($169k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Oman$78.2k (1%)
United Kingdom$24.2k (905%)
United Arab Emirates$17.3k (4.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Azerbaijan WERE (2021 - 2022):
Egypt-$19.1k (-100%)
Senegal-$16.4k (-100%)
Norway-$10.2k (-79.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $29.8k
TOP IMPORT POTENTIALChina+ $1.25M

Other Hand Tools’s highest export potential is United Kingdom. With an export gap of $29.8k.   Other Hand Tools’s highest import potential is China with an import gap of $1.25M.

See methodology.

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