2022
Exports
$4.83kWorld Rnk 151 / 198
Flag Rnk 648 / 848
2022
PRODUCT COMPLEXITY IN Paper Labels
-0.031Rnk 557 / 1025
2022
Imports
$3.94MWorld Rnk 120 / 224
Flag Rnk 417 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $4.83k in Paper Labels, making it the 151st largest exporter of Paper Labels in the world. At the same year, Paper Labels was the 648th most exported product in Azerbaijan. The main destination of Paper Labels exports from Azerbaijan are: Georgia ($4.25k), Turkey ($388), Netherlands ($57), Canada ($52), and Hong Kong ($30).

The fastest growing export markets for Paper Labels of Azerbaijan between 2021 and 2022 were Georgia ($608), Netherlands ($57), and Canada ($52).

Imports In 2022, Azerbaijan imported $3.94M in Paper Labels, becoming the 120th largest importer of Paper Labels in the world. At the same year, Paper Labels was the 417th most imported product in Azerbaijan. Azerbaijan imports Paper Labels primarily from: Turkey ($1.7M), Ukraine ($629k), Russia ($611k), China ($292k), and United Arab Emirates ($102k).

The fastest growing import markets in Paper Labels for Azerbaijan between 2021 and 2022 were Turkey ($789k), China ($139k), and United Arab Emirates ($68.1k).

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 Paper Labels. 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)$4.83k
IMPORTS (2022)$3.94M
NET TRADE (2022)-$3.93M

In 2022, Azerbaijan exported $4.83k in Paper Labels. The main destinations of Azerbaijan exports on Paper Labels were Georgia ($4.25k), Turkey ($388), Netherlands ($57), Canada ($52), and Hong Kong ($30).

In 2022, Azerbaijan imported $3.94M in Paper Labels, mainly from Turkey ($1.7M), Ukraine ($629k), Russia ($611k), China ($292k), and United Arab Emirates ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paper Labels EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$608 (16.7%)
Netherlands$57 (1%)
Canada$52 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper Labels BY Azerbaijan WERE (2021 - 2022):
Spain-$1.77k (-100%)
Kazakhstan-$1.58k (-100%)
Turkey-$764 (-66.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Paper Labels were:
In 2022, Azerbaijan's main importing competitors in Paper Labels were:

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Trade Value of Paper Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $2.02k
TOP IMPORT POTENTIALChina+ $385k

Paper Labels’s highest export potential is Turkey. With an export gap of $2.02k.   Paper Labels’s highest import potential is China with an import gap of $385k.

See methodology.

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