Packaged Medicaments in Azerbaijan 2021 Exports | Imports : $2.88M | $308M, World Rnk 113 / 213 Rnk 82 / 822 | World Rnk 92 / 224 Rnk 3 / 1158
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.5M | $11.4M, Russia | Hungary
2021 ECONOMIC COMPLEXITY of Azerbaijan: -0.52, Rnk 85 / 131
2021 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.64, Rnk 303 / 1029
Exports In 2021, Azerbaijan exported $2.88M in Packaged Medicaments, making it the 113th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 82nd most exported product in Azerbaijan. The main destination of Packaged Medicaments exports from Azerbaijan are: Russia ($1.5M), Switzerland ($405k), Georgia ($342k), Latvia ($212k), and Belarus ($140k).
The fastest growing export markets for Packaged Medicaments of Azerbaijan between 2020 and 2021 were Russia ($1.5M), Georgia ($259k), and Switzerland ($142k).
Imports In 2021, Azerbaijan imported $308M in Packaged Medicaments, becoming the 92nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Azerbaijan. Azerbaijan imports Packaged Medicaments primarily from: Turkey ($47.9M), Hungary ($30.9M), Germany ($30.1M), Russia ($27.1M), and Ukraine ($18.2M).
The fastest growing import markets in Packaged Medicaments for Azerbaijan between 2020 and 2021 were Hungary ($11.4M), France ($7.52M), and Romania ($4.55M).
Apr 2023
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 Packaged Medicaments. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $2.88M
IMPORTS (2021): $308M
NET TRADE (2021): -$305M
In 2021, Azerbaijan exported $2.88M in Packaged Medicaments. The main destinations of Azerbaijan exports on Packaged Medicaments were Russia ($1.5M), Switzerland ($405k), Georgia ($342k), Latvia ($212k), and Belarus ($140k).
In 2021, Azerbaijan imported $308M in Packaged Medicaments, mainly from Turkey ($47.9M), Hungary ($30.9M), Germany ($30.1M), Russia ($27.1M), and Ukraine ($18.2M).
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Azerbaijan WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Azerbaijan WERE (2020 - 2021):
In 2021, Azerbaijan's main exporting competitors in Packaged Medicaments were:
In 2021, Azerbaijan's main importing competitors in Packaged Medicaments were:
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