2022
Exports
$253MWorld Rnk 99 / 226
Flag Rnk 6 / 21
2022
PRODUCT COMPLEXITY IN Textiles
1.5Rnk 52 / 1025
2022
Imports
$510MWorld Rnk 115 / 226
Flag Rnk 9 / 21
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $253M in Textiles, making it the 99th largest exporter of Textiles in the world. At the same year, Textiles was the 6th most exported product in Azerbaijan. The main destination of Textiles exports from Azerbaijan are: Turkey ($192M), Russia ($28.8M), Iran ($9.51M), Norway ($3.47M), and Kazakhstan ($3.14M).

The fastest growing export markets for Textiles of Azerbaijan between 2021 and 2022 were Russia ($8.17M), Bangladesh ($1.59M), and Norway ($1.52M).

Imports In 2022, Azerbaijan imported $510M in Textiles, becoming the 115th largest importer of Textiles in the world. At the same year, Textiles was the 9th most imported product in Azerbaijan. Azerbaijan imports Textiles primarily from: Turkey ($154M), China ($133M), Italy ($28.3M), Uzbekistan ($20.6M), and Iran ($19.5M).

The fastest growing import markets in Textiles for Azerbaijan between 2021 and 2022 were China ($10.6M), Bangladesh ($5.58M), and United Arab Emirates ($3.48M).

Latest Trends

Oct 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 Textiles. 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)$253M
IMPORTS (2022)$510M
NET TRADE (2022)-$257M

In 2022, Azerbaijan exported $253M in Textiles. The main destinations of Azerbaijan exports on Textiles were Turkey ($192M), Russia ($28.8M), Iran ($9.51M), Norway ($3.47M), and Kazakhstan ($3.14M).

In 2022, Azerbaijan imported $510M in Textiles, mainly from Turkey ($154M), China ($133M), Italy ($28.3M), Uzbekistan ($20.6M), and Iran ($19.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textiles EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$8.17M (39.5%)
Bangladesh$1.59M (593%)
Norway$1.52M (77.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textiles BY Azerbaijan WERE (2021 - 2022):
Turkey-$59M (-23.5%)
Iran-$6.52M (-40.6%)
Ukraine-$548k (-16.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $4.52M
TOP IMPORT POTENTIALChina+ $68.5M

Textiles’s highest export potential is Turkey. With an export gap of $4.52M.   Textiles’s highest import potential is China with an import gap of $68.5M.

See methodology.

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