2004
Exports
$8.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2004
Imports
$6.35kWorld Rnk 101 / 144
Flag Rnk 1085 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $6.35k in Rare-Earth Metal Compounds, becoming the 101st largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1085th most imported product in Azerbaijan. Azerbaijan imports Rare-Earth Metal Compounds primarily from: United States ($6.35k).

The fastest growing import markets in Rare-Earth Metal Compounds for Azerbaijan between 2021 and 2022 were United States ($6.18k).

Latest Trends

Oct 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 (2022)$6.35k
NET TRADE (2022)-$6.35k

In 2022, Azerbaijan imported $6.35k in Rare-Earth Metal Compounds, mainly from United States ($6.35k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Azerbaijan's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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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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