2022
Exports
$168kWorld Rnk 98 / 199
Flag Rnk 338 / 848
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.61Rnk 321 / 1025
2022
Imports
$6.68MWorld Rnk 114 / 220
Flag Rnk 318 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $168k in Special Pharmaceuticals, making it the 98th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 338th most exported product in Azerbaijan. The main destination of Special Pharmaceuticals exports from Azerbaijan are: Russia ($107k), Netherlands ($39.2k), Latvia ($11.3k), Oman ($5.14k), and Denmark ($3.34k).

The fastest growing export markets for Special Pharmaceuticals of Azerbaijan between 2021 and 2022 were Russia ($107k), Netherlands ($39.2k), and Latvia ($11.3k).

Imports In 2022, Azerbaijan imported $6.68M in Special Pharmaceuticals, becoming the 114th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 318th most imported product in Azerbaijan. Azerbaijan imports Special Pharmaceuticals primarily from: Turkey ($1.66M), Germany ($622k), Hungary ($534k), Netherlands ($459k), and Belgium ($394k).

The fastest growing import markets in Special Pharmaceuticals for Azerbaijan between 2021 and 2022 were Turkey ($316k), United States ($292k), and Netherlands ($282k).

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 Special Pharmaceuticals. 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)$168k
IMPORTS (2022)$6.68M
NET TRADE (2022)-$6.51M

In 2022, Azerbaijan exported $168k in Special Pharmaceuticals. The main destinations of Azerbaijan exports on Special Pharmaceuticals were Russia ($107k), Netherlands ($39.2k), Latvia ($11.3k), Oman ($5.14k), and Denmark ($3.34k).

In 2022, Azerbaijan imported $6.68M in Special Pharmaceuticals, mainly from Turkey ($1.66M), Germany ($622k), Hungary ($534k), Netherlands ($459k), and Belgium ($394k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$107k (1%)
Netherlands$39.2k (1%)
Latvia$11.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Azerbaijan WERE (2021 - 2022):
Uganda-$4.21k (-100%)
Italy-$81 (-100%)
Switzerland-$41 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $108k
TOP IMPORT POTENTIALGermany+ $899k

Special Pharmaceuticals’s highest export potential is Russia. With an export gap of $108k.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $899k.

See methodology.

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