2023
Exports
$210MWorld Rnk 35 / 158
Flag Rnk 5 / 841
2023
PRODUCT COMPLEXITY IN Propylene Polymers
0.19Rnk 496 / 1025
2023
Imports
$39MWorld Rnk 86 / 205
Flag Rnk 108 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $210M in Propylene Polymers, making it the 35th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 5th most exported product in Azerbaijan. The main destination of Propylene Polymers exports from Azerbaijan are: Russia ($164M), Turkey ($34.6M), Belarus ($5.56M), Ukraine ($2.77M), and Uzbekistan ($1.33M).

The fastest growing export markets for Propylene Polymers of Azerbaijan between 2022 and 2023 were Russia ($67.5M), Belarus ($5.05M), and Ukraine ($2.26M).

Imports In 2023, Azerbaijan imported $39M in Propylene Polymers, becoming the 86th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 108th most imported product in Azerbaijan. Azerbaijan imports Propylene Polymers primarily from: South Korea ($9.84M), Saudi Arabia ($7.76M), Turkey ($5.76M), Georgia ($5.41M), and United Arab Emirates ($2.43M).

The fastest growing import markets in Propylene Polymers for Azerbaijan between 2022 and 2023 were Georgia ($3.56M), Turkey ($3.48M), and South Korea ($3.21M).

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 Propylene Polymers. 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)$210M
IMPORTS (2023)$39M
NET TRADE (2023)$171M

In 2023, Azerbaijan exported $210M in Propylene Polymers. The main destinations of Azerbaijan exports on Propylene Polymers were Russia ($164M), Turkey ($34.6M), Belarus ($5.56M), Ukraine ($2.77M), and Uzbekistan ($1.33M).

In 2023, Azerbaijan imported $39M in Propylene Polymers, mainly from South Korea ($9.84M), Saudi Arabia ($7.76M), Turkey ($5.76M), Georgia ($5.41M), and United Arab Emirates ($2.43M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Russia$67.5M (69.9%)
Belarus$5.05M (1k%)
Ukraine$2.26M (436%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Azerbaijan WERE (2022 - 2023):
Kazakhstan-$8.67M (-100%)
Turkey-$1.64M (-4.53%)
Belgium-$469k (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Propylene Polymers were:
In 2023, Azerbaijan's main importing competitors in Propylene Polymers were:
China $4.99B
Turkey $2.88B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $20.1M
TOP IMPORT POTENTIALSaudi Arabia+ $2.29M

Propylene Polymers’s highest export potential is Turkey. With an export gap of $20.1M.   Propylene Polymers’s highest import potential is Saudi Arabia with an import gap of $2.29M.

See methodology.

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