2022
Exports
$1.7MWorld Rnk 34 / 138
Flag Rnk 52 / 95
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$108kWorld Rnk 115 / 196
Flag Rnk 96 / 96
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.7M in Silk, making it the 34th largest exporter of Silk in the world. At the same year, Silk was the 52nd most exported product in Azerbaijan. The main destination of Silk exports from Azerbaijan are: Iran ($897k), India ($337k), Turkey ($225k), United Arab Emirates ($211k), and Uzbekistan ($33.6k).

The fastest growing export markets for Silk of Azerbaijan between 2021 and 2022 were United Arab Emirates ($211k) and India ($17.6k).

Imports In 2022, Azerbaijan imported $108k in Silk, becoming the 115th largest importer of Silk in the world. At the same year, Silk was the 96th most imported product in Azerbaijan. Azerbaijan imports Silk primarily from: India ($66.9k), Italy ($28.8k), Germany ($5.66k), Turkey ($3.14k), and Belgium ($860).

The fastest growing import markets in Silk for Azerbaijan between 2021 and 2022 were India ($58.5k), Italy ($16.7k), and Germany ($4.85k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Silk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.7M
IMPORTS (2022)$108k
NET TRADE (2022)$1.6M

In 2022, Azerbaijan exported $1.7M in Silk. The main destinations of Azerbaijan exports on Silk were Iran ($897k), India ($337k), Turkey ($225k), United Arab Emirates ($211k), and Uzbekistan ($33.6k).

In 2022, Azerbaijan imported $108k in Silk, mainly from India ($66.9k), Italy ($28.8k), Germany ($5.66k), Turkey ($3.14k), and Belgium ($860).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
India$17.6k (5.49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Azerbaijan WERE (2021 - 2022):
Turkey-$1.17M (-83.9%)
Iran-$909k (-50.3%)
Uzbekistan-$470k (-93.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Azerbaijan's main exporting competitors in Silk were:
In 2022, Azerbaijan's main importing competitors in Silk were:
Italy $323M
India $305M

Explore Visualizations

Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $209k
TOP IMPORT POTENTIALItaly+ $13.3k

Silk’s highest export potential is India. With an export gap of $209k.   Silk’s highest import potential is Italy with an import gap of $13.3k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with