2022
Exports
$174MWorld Rnk 15 / 133
Flag Rnk 6 / 848
2022
PRODUCT COMPLEXITY IN Raw Cotton
-2.57Rnk 1022 / 1025
2022
Imports
$431kWorld Rnk 99 / 183
Flag Rnk 799 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $174M in Raw Cotton, making it the 15th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 6th most exported product in Azerbaijan. The main destination of Raw Cotton exports from Azerbaijan are: Turkey ($162M), Iran ($8.62M), Bangladesh ($1.86M), Russia ($1.52M), and Portugal ($44.1k).

The fastest growing export markets for Raw Cotton of Azerbaijan between 2021 and 2022 were Bangladesh ($1.86M) and Russia ($1.45M).

Imports In 2022, Azerbaijan imported $431k in Raw Cotton, becoming the 99th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 799th most imported product in Azerbaijan. Azerbaijan imports Raw Cotton primarily from: United States ($431k), Turkey ($106), China ($48), South Korea ($47), and Turkmenistan ($40).

The fastest growing import markets in Raw Cotton for Azerbaijan between 2021 and 2022 were United States ($431k), South Korea ($47), and Turkmenistan ($40).

Latest Trends

Sep 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 Cotton. 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)$174M
IMPORTS (2022)$431k
NET TRADE (2022)$174M

In 2022, Azerbaijan exported $174M in Raw Cotton. The main destinations of Azerbaijan exports on Raw Cotton were Turkey ($162M), Iran ($8.62M), Bangladesh ($1.86M), Russia ($1.52M), and Portugal ($44.1k).

In 2022, Azerbaijan imported $431k in Raw Cotton, mainly from United States ($431k), Turkey ($106), China ($48), South Korea ($47), and Turkmenistan ($40).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Bangladesh$1.86M (1%)
Russia$1.45M (2.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Azerbaijan WERE (2021 - 2022):
Turkey-$32.2M (-16.6%)
Iran-$5.49M (-38.9%)
Portugal-$292k (-86.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Raw Cotton were:
In 2022, Azerbaijan's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $2.66M
TOP IMPORT POTENTIALUnited States+ $233k

Raw Cotton’s highest export potential is Bangladesh. With an export gap of $2.66M.   Raw Cotton’s highest import potential is United States with an import gap of $233k.

See methodology.

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