2022
Exports
$262kWorld Rnk 130 / 177
Flag Rnk 297 / 848
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$651World Rnk 104 / 118
Flag Rnk 1126 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $262k in Precious Metal Scraps, making it the 130th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 297th most exported product in Azerbaijan. The main destination of Precious Metal Scraps exports from Azerbaijan are: United Kingdom ($88.7k), Germany ($76.4k), Belgium ($51.4k), and Turkey ($45.9k).

The fastest growing export markets for Precious Metal Scraps of Azerbaijan between 2021 and 2022 were United Kingdom ($88.7k), Germany ($50.9k), and Turkey ($45.9k).

Imports In 2022, Azerbaijan imported $651 in Precious Metal Scraps, becoming the 104th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1126th most imported product in Azerbaijan. Azerbaijan imports Precious Metal Scraps primarily from: Italy ($651).

The fastest growing import markets in Precious Metal Scraps for Azerbaijan between 2021 and 2022 were Italy ($651).

Latest Trends

Nov 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 Precious Metal Scraps. 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)$262k
IMPORTS (2022)$651
NET TRADE (2022)$262k

In 2022, Azerbaijan exported $262k in Precious Metal Scraps. The main destinations of Azerbaijan exports on Precious Metal Scraps were United Kingdom ($88.7k), Germany ($76.4k), Belgium ($51.4k), and Turkey ($45.9k).

In 2022, Azerbaijan imported $651 in Precious Metal Scraps, mainly from Italy ($651).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Kingdom$88.7k (1%)
Germany$50.9k (199%)
Turkey$45.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Azerbaijan WERE (2021 - 2022):Poland-$673k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Precious Metal Scraps were:
In 2022, Azerbaijan's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.65M
TOP IMPORT POTENTIALItaly+ $1.34k

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $1.65M.   Precious Metal Scraps’s highest import potential is Italy with an import gap of $1.34k.

See methodology.

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