2022
Exports
$149MWorld Rnk 55 / 152
Flag Rnk 10 / 848
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$39.5MWorld Rnk 66 / 187
Flag Rnk 89 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $149M in Raw Aluminium, making it the 55th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 10th most exported product in Azerbaijan. The main destination of Raw Aluminium exports from Azerbaijan are: Turkey ($74.7M), Canada ($17.1M), Sweden ($16.2M), Japan ($12M), and Uzbekistan ($11.1M).

The fastest growing export markets for Raw Aluminium of Azerbaijan between 2021 and 2022 were Turkey ($35.2M), Sweden ($12.7M), and Canada ($11.4M).

Imports In 2022, Azerbaijan imported $39.5M in Raw Aluminium, becoming the 66th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 89th most imported product in Azerbaijan. Azerbaijan imports Raw Aluminium primarily from: Iran ($26.5M), Russia ($9.14M), Azerbaijan ($1.53M), United Arab Emirates ($1.3M), and Turkey ($765k).

The fastest growing import markets in Raw Aluminium for Azerbaijan between 2021 and 2022 were Iran ($23.3M), Russia ($6.19M), and Azerbaijan ($1.53M).

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 Raw Aluminium. 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)$149M
IMPORTS (2022)$39.5M
NET TRADE (2022)$109M

In 2022, Azerbaijan exported $149M in Raw Aluminium. The main destinations of Azerbaijan exports on Raw Aluminium were Turkey ($74.7M), Canada ($17.1M), Sweden ($16.2M), Japan ($12M), and Uzbekistan ($11.1M).

In 2022, Azerbaijan imported $39.5M in Raw Aluminium, mainly from Iran ($26.5M), Russia ($9.14M), Azerbaijan ($1.53M), United Arab Emirates ($1.3M), and Turkey ($765k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$35.2M (89.1%)
Sweden$12.7M (361%)
Canada$11.4M (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Azerbaijan WERE (2021 - 2022):
Bulgaria-$3.97M (-84.8%)
Japan-$3.19M (-21.1%)
Hungary-$835k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Azerbaijan's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $40.2M
TOP IMPORT POTENTIALRussia+ $5.98M

Raw Aluminium’s highest export potential is Turkey. With an export gap of $40.2M.   Raw Aluminium’s highest import potential is Russia with an import gap of $5.98M.

See methodology.

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