2022
Exports
$1.89kWorld Rnk 135 / 149
Flag Rnk 697 / 848
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$3.23MWorld Rnk 107 / 218
Flag Rnk 454 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.89k in Other Steel Bars, making it the 135th largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 697th most exported product in Azerbaijan. The main destination of Other Steel Bars exports from Azerbaijan are: Austria ($1.89k).

The fastest growing export markets for Other Steel Bars of Azerbaijan between 2021 and 2022 were Austria ($1.89k).

Imports In 2022, Azerbaijan imported $3.23M in Other Steel Bars, becoming the 107th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 454th most imported product in Azerbaijan. Azerbaijan imports Other Steel Bars primarily from: Russia ($978k), Slovenia ($939k), United Arab Emirates ($412k), Turkey ($212k), and France ($184k).

The fastest growing import markets in Other Steel Bars for Azerbaijan between 2021 and 2022 were Slovenia ($659k), United Arab Emirates ($310k), and France ($136k).

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 Other Steel Bars. 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)$1.89k
IMPORTS (2022)$3.23M
NET TRADE (2022)-$3.23M

In 2022, Azerbaijan exported $1.89k in Other Steel Bars. The main destinations of Azerbaijan exports on Other Steel Bars were Austria ($1.89k).

In 2022, Azerbaijan imported $3.23M in Other Steel Bars, mainly from Russia ($978k), Slovenia ($939k), United Arab Emirates ($412k), Turkey ($212k), and France ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Austria$1.89k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Azerbaijan WERE (2021 - 2022):
Georgia-$14.4k (-100%)
Turkmenistan-$3.81k (-100%)
Senegal-$975 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Azerbaijan's main importing competitors in Other Steel Bars were:

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $2.05k
TOP IMPORT POTENTIALRussia+ $344k

Other Steel Bars’s highest export potential is Austria. With an export gap of $2.05k.   Other Steel Bars’s highest import potential is Russia with an import gap of $344k.

See methodology.

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