2022
Exports
$1.64MWorld Rnk 81 / 202
Flag Rnk 134 / 848
2022
PRODUCT COMPLEXITY IN Perfumes
-0.14Rnk 594 / 1025
2022
Imports
$22.6MWorld Rnk 88 / 222
Flag Rnk 154 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.64M in Perfumes, making it the 81st largest exporter of Perfumes in the world. At the same year, Perfumes was the 134th most exported product in Azerbaijan. The main destination of Perfumes exports from Azerbaijan are: United States ($905k), United Arab Emirates ($608k), Kyrgyzstan ($50.4k), Kuwait ($38.3k), and Georgia ($15.6k).

The fastest growing export markets for Perfumes of Azerbaijan between 2021 and 2022 were United States ($881k), Kyrgyzstan ($50.4k), and Kuwait ($37.2k).

Imports In 2022, Azerbaijan imported $22.6M in Perfumes, becoming the 88th largest importer of Perfumes in the world. At the same year, Perfumes was the 154th most imported product in Azerbaijan. Azerbaijan imports Perfumes primarily from: United Arab Emirates ($5.87M), France ($4.46M), Russia ($2.47M), Italy ($2.24M), and Turkey ($2M).

The fastest growing import markets in Perfumes for Azerbaijan between 2021 and 2022 were United Arab Emirates ($3.51M), Turkey ($676k), and Switzerland ($532k).

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 Perfumes. 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)$1.64M
IMPORTS (2022)$22.6M
NET TRADE (2022)-$20.9M

In 2022, Azerbaijan exported $1.64M in Perfumes. The main destinations of Azerbaijan exports on Perfumes were United States ($905k), United Arab Emirates ($608k), Kyrgyzstan ($50.4k), Kuwait ($38.3k), and Georgia ($15.6k).

In 2022, Azerbaijan imported $22.6M in Perfumes, mainly from United Arab Emirates ($5.87M), France ($4.46M), Russia ($2.47M), Italy ($2.24M), and Turkey ($2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United States$881k (3.58k%)
Kyrgyzstan$50.4k (1%)
Kuwait$37.2k (3.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Azerbaijan WERE (2021 - 2022):
Hong Kong-$74.6k (-100%)
Russia-$68.8k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Perfumes were:
France $7.24B
Spain $2.58B
Germany $1.67B
In 2022, Azerbaijan's main importing competitors in Perfumes were:

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $674k
TOP IMPORT POTENTIALFrance+ $2.2M

Perfumes’s highest export potential is United States. With an export gap of $674k.   Perfumes’s highest import potential is France with an import gap of $2.2M.

See methodology.

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