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Exports In 2022, Azerbaijan exported $707k in Time Recording Instruments, making it the 36th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 198th most exported product in Azerbaijan. The main destination of Time Recording Instruments exports from Azerbaijan are: Georgia ($707k), United Kingdom ($68), and Russia ($35).

The fastest growing export markets for Time Recording Instruments of Azerbaijan between 2021 and 2022 were Georgia ($706k), United Kingdom ($68), and Russia ($35).

Imports In 2022, Azerbaijan imported $98.6k in Time Recording Instruments, becoming the 113th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 951st most imported product in Azerbaijan. Azerbaijan imports Time Recording Instruments primarily from: China ($19.3k), Turkey ($16.4k), Netherlands ($14.7k), Georgia ($11.3k), and United Arab Emirates ($10.3k).

The fastest growing import markets in Time Recording Instruments for Azerbaijan between 2021 and 2022 were Netherlands ($14.6k), Georgia ($11.3k), and United Arab Emirates ($10.2k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$707k
IMPORTS (2022)$98.6k
NET TRADE (2022)$608k

In 2022, Azerbaijan exported $707k in Time Recording Instruments. The main destinations of Azerbaijan exports on Time Recording Instruments were Georgia ($707k), United Kingdom ($68), and Russia ($35).

In 2022, Azerbaijan imported $98.6k in Time Recording Instruments, mainly from China ($19.3k), Turkey ($16.4k), Netherlands ($14.7k), Georgia ($11.3k), and United Arab Emirates ($10.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$706k (785k%)
Russia$35 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Azerbaijan WERE (2021 - 2022):United Arab Emirates-$19.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Time Recording Instruments were:
In 2022, Azerbaijan's main importing competitors in Time Recording Instruments were:

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALChina+ $21.8k

Time Recording Instruments’s highest export potential is N/A. With an export gap of N/A.   Time Recording Instruments’s highest import potential is China with an import gap of $21.8k.

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