2004
Exports
$8.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.67Rnk 297 / 1025
2004
Imports
$364World Rnk 131 / 146
Flag Rnk 1142 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Imports In 2023, Azerbaijan imported $364 in Rare-Earth Metal Compounds, becoming the 131st largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1142nd most imported product in Azerbaijan. Azerbaijan imports Rare-Earth Metal Compounds primarily from: United States ($342) and Belgium ($22).

The fastest growing import markets in Rare-Earth Metal Compounds for Azerbaijan between 2022 and 2023 were Belgium ($22).

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 Rare-Earth Metal Compounds. 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 (2004)$8.9k
IMPORTS (2023)$364
NET TRADE (2023)-$364

In 2023, Azerbaijan imported $364 in Rare-Earth Metal Compounds, mainly from United States ($342) and Belgium ($22).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Rare-Earth Metal Compounds were:
Burma $1.44B
China $513M
In 2023, Azerbaijan's main importing competitors in Rare-Earth Metal Compounds were:
China $1.98B
Japan $478M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $511
TOP IMPORT POTENTIALUnited States+ $2.16k

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $511.   Rare-Earth Metal Compounds’s highest import potential is United States with an import gap of $2.16k.

See methodology.

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