2022
Exports
$108kWorld Rnk 134 / 203
Flag Rnk 383 / 848
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$101MWorld Rnk 92 / 225
Flag Rnk 24 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $108k in Rubber Tires, making it the 134th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 383rd most exported product in Azerbaijan. The main destination of Rubber Tires exports from Azerbaijan are: United Kingdom ($54.9k), Georgia ($29.8k), Belgium ($13.8k), Switzerland ($3.34k), and China ($1.64k).

The fastest growing export markets for Rubber Tires of Azerbaijan between 2021 and 2022 were United Kingdom ($54.9k), Georgia ($26.8k), and Belgium ($13.8k).

Imports In 2022, Azerbaijan imported $101M in Rubber Tires, becoming the 92nd largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 24th most imported product in Azerbaijan. Azerbaijan imports Rubber Tires primarily from: China ($37.5M), Turkey ($19.9M), United Arab Emirates ($16.2M), Russia ($6.85M), and Spain ($2.49M).

The fastest growing import markets in Rubber Tires for Azerbaijan between 2021 and 2022 were United Arab Emirates ($6.9M), China ($5.7M), and Turkey ($4.15M).

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 Rubber Tires. 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)$108k
IMPORTS (2022)$101M
NET TRADE (2022)-$101M

In 2022, Azerbaijan exported $108k in Rubber Tires. The main destinations of Azerbaijan exports on Rubber Tires were United Kingdom ($54.9k), Georgia ($29.8k), Belgium ($13.8k), Switzerland ($3.34k), and China ($1.64k).

In 2022, Azerbaijan imported $101M in Rubber Tires, mainly from China ($37.5M), Turkey ($19.9M), United Arab Emirates ($16.2M), Russia ($6.85M), and Spain ($2.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Kingdom$54.9k (1%)
Georgia$26.8k (867%)
Belgium$13.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Azerbaijan WERE (2021 - 2022):
Iran-$4.5k (-100%)
Turkey-$1.87k (-100%)
Cuba-$200 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Rubber Tires were:
In 2022, Azerbaijan's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $62.7k
TOP IMPORT POTENTIALChina+ $13.6M

Rubber Tires’s highest export potential is United Kingdom. With an export gap of $62.7k.   Rubber Tires’s highest import potential is China with an import gap of $13.6M.

See methodology.

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