2022
Exports
$38.7MWorld Rnk 60 / 171
Flag Rnk 23 / 848
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$159MWorld Rnk 56 / 224
Flag Rnk 8 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $38.7M in Raw Sugar, making it the 60th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 23rd most exported product in Azerbaijan. The main destination of Raw Sugar exports from Azerbaijan are: Kazakhstan ($15.2M), Turkmenistan ($13.3M), Georgia ($8.7M), Russia ($1.09M), and Kyrgyzstan ($278k).

The fastest growing export markets for Raw Sugar of Azerbaijan between 2021 and 2022 were Kazakhstan ($15.2M), Georgia ($8.59M), and Russia ($33.4k).

Imports In 2022, Azerbaijan imported $159M in Raw Sugar, becoming the 56th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 8th most imported product in Azerbaijan. Azerbaijan imports Raw Sugar primarily from: Brazil ($130M), Mexico ($22.8M), Georgia ($3.73M), Turkey ($1.65M), and Russia ($76.6k).

The fastest growing import markets in Raw Sugar for Azerbaijan between 2021 and 2022 were Mexico ($12.8M), Brazil ($11.3M), and Georgia ($3.73M).

Latest Trends

Jul 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 Sugar. 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)$38.7M
IMPORTS (2022)$159M
NET TRADE (2022)-$120M

In 2022, Azerbaijan exported $38.7M in Raw Sugar. The main destinations of Azerbaijan exports on Raw Sugar were Kazakhstan ($15.2M), Turkmenistan ($13.3M), Georgia ($8.7M), Russia ($1.09M), and Kyrgyzstan ($278k).

In 2022, Azerbaijan imported $159M in Raw Sugar, mainly from Brazil ($130M), Mexico ($22.8M), Georgia ($3.73M), Turkey ($1.65M), and Russia ($76.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kazakhstan$15.2M (52.9k%)
Georgia$8.59M (7.78k%)
Russia$33.4k (3.15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Azerbaijan WERE (2021 - 2022):
Turkmenistan-$12.1M (-47.5%)
Kyrgyzstan-$3.21M (-92%)
Tajikistan-$1.51M (-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 Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Azerbaijan's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $1.41M
TOP IMPORT POTENTIALTurkey+ $605k

Raw Sugar’s highest export potential is Russia. With an export gap of $1.41M.   Raw Sugar’s highest import potential is Turkey with an import gap of $605k.

See methodology.

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