2022
Exports
$2.46MWorld Rnk 73 / 184
Flag Rnk 102 / 848
2022
PRODUCT COMPLEXITY IN Salt
-1.11Rnk 857 / 1025
2022
Imports
$1.75MWorld Rnk 124 / 222
Flag Rnk 564 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $2.46M in Salt, making it the 73rd largest exporter of Salt in the world. At the same year, Salt was the 102nd most exported product in Azerbaijan. The main destination of Salt exports from Azerbaijan are: Russia ($1.5M), Georgia ($946k), Ukraine ($11.6k), Latvia ($1.39k), and Kazakhstan ($438).

The fastest growing export markets for Salt of Azerbaijan between 2021 and 2022 were Georgia ($538k), Russia ($252k), and Ukraine ($11.6k).

Imports In 2022, Azerbaijan imported $1.75M in Salt, becoming the 124th largest importer of Salt in the world. At the same year, Salt was the 564th most imported product in Azerbaijan. Azerbaijan imports Salt primarily from: Iran ($839k), Russia ($316k), Turkey ($147k), Belarus ($139k), and Ukraine ($95.7k).

The fastest growing import markets in Salt for Azerbaijan between 2021 and 2022 were Iran ($439k), Kazakhstan ($82.4k), and Belarus ($46.4k).

Latest Trends

Aug 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 Salt. 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)$2.46M
IMPORTS (2022)$1.75M
NET TRADE (2022)$711k

In 2022, Azerbaijan exported $2.46M in Salt. The main destinations of Azerbaijan exports on Salt were Russia ($1.5M), Georgia ($946k), Ukraine ($11.6k), Latvia ($1.39k), and Kazakhstan ($438).

In 2022, Azerbaijan imported $1.75M in Salt, mainly from Iran ($839k), Russia ($316k), Turkey ($147k), Belarus ($139k), and Ukraine ($95.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Salt EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$538k (132%)
Russia$252k (20.2%)
Ukraine$11.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Azerbaijan WERE (2021 - 2022):
Turkey-$7.87k (-100%)
Canada-$865 (-75.7%)
France-$13 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $119k
TOP IMPORT POTENTIALTurkey+ $106k

Salt’s highest export potential is Russia. With an export gap of $119k.   Salt’s highest import potential is Turkey with an import gap of $106k.

See methodology.

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