2023
Exports
$2.42MWorld Rnk 89 / 194
Flag Rnk 124 / 841
2023
PRODUCT COMPLEXITY IN Perfume Plants
-1.84Rnk 985 / 1025
2023
Imports
$1.14MWorld Rnk 111 / 215
Flag Rnk 674 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $2.42M in Perfume Plants, making it the 89th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 124th most exported product in Azerbaijan. The main destination of Perfume Plants exports from Azerbaijan are: Iran ($1.04M), China ($445k), Burma ($209k), France ($135k), and South Korea ($117k).

The fastest growing export markets for Perfume Plants of Azerbaijan between 2022 and 2023 were Iran ($562k), China ($445k), and France ($135k).

Imports In 2023, Azerbaijan imported $1.14M in Perfume Plants, becoming the 111th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 674th most imported product in Azerbaijan. Azerbaijan imports Perfume Plants primarily from: Iran ($256k), Poland ($255k), Turkey ($168k), United Arab Emirates ($80.7k), and India ($75.4k).

The fastest growing import markets in Perfume Plants for Azerbaijan between 2022 and 2023 were Iran ($90.2k), Turkey ($29.9k), and India ($28.4k).

Latest Trends

Dec 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 Perfume Plants. 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 (2023)$2.42M
IMPORTS (2023)$1.14M
NET TRADE (2023)$1.28M

In 2023, Azerbaijan exported $2.42M in Perfume Plants. The main destinations of Azerbaijan exports on Perfume Plants were Iran ($1.04M), China ($445k), Burma ($209k), France ($135k), and South Korea ($117k).

In 2023, Azerbaijan imported $1.14M in Perfume Plants, mainly from Iran ($256k), Poland ($255k), Turkey ($168k), United Arab Emirates ($80.7k), and India ($75.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Iran$562k (117%)
China$445k (1%)
France$135k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Azerbaijan WERE (2022 - 2023):
United Arab Emirates-$452k (-100%)
Egypt-$188k (-87.3%)
Turkey-$95.6k (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Perfume Plants were:
China $988M
India $467M
In 2023, Azerbaijan's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $109k
TOP IMPORT POTENTIALChina+ $110k

Perfume Plants’s highest export potential is Germany. With an export gap of $109k.   Perfume Plants’s highest import potential is China with an import gap of $110k.

See methodology.

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