2022
Exports
$45.1kWorld Rnk 66 / 104
Flag Rnk 449 / 848
2022
Imports
$538kWorld Rnk 58 / 163
Flag Rnk 766 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $45.1k in Vegetable Tanning Extracts, making it the 66th largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 449th most exported product in Azerbaijan. The main destination of Vegetable Tanning Extracts exports from Azerbaijan are: Kazakhstan ($44.9k) and Russia ($204).

The fastest growing export markets for Vegetable Tanning Extracts of Azerbaijan between N/A and 2022 were Kazakhstan ($44.9k) and Russia ($204).

Imports In 2022, Azerbaijan imported $538k in Vegetable Tanning Extracts, becoming the 58th largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 766th most imported product in Azerbaijan. Azerbaijan imports Vegetable Tanning Extracts primarily from: France ($219k), Turkey ($123k), Italy ($85.9k), Argentina ($55.1k), and South Africa ($26.6k).

The fastest growing import markets in Vegetable Tanning Extracts for Azerbaijan between 2021 and 2022 were France ($134k), Italy ($47.4k), and Poland ($15.2k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Vegetable Tanning Extracts. 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)$45.1k
IMPORTS (2022)$538k
NET TRADE (2022)-$493k

In 2022, Azerbaijan exported $45.1k in Vegetable Tanning Extracts. The main destinations of Azerbaijan exports on Vegetable Tanning Extracts were Kazakhstan ($44.9k) and Russia ($204).

In 2022, Azerbaijan imported $538k in Vegetable Tanning Extracts, mainly from France ($219k), Turkey ($123k), Italy ($85.9k), Argentina ($55.1k), and South Africa ($26.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR Azerbaijan WERE (N/A - 2022):
Kazakhstan$44.9k (1%)
Russia$204 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Vegetable Tanning Extracts were:
In 2022, Azerbaijan's main importing competitors in Vegetable Tanning Extracts were:
India $85.5M
Italy $44.7M
China $29.6M

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Trade Value of Vegetable Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $1.15k
TOP IMPORT POTENTIALArgentina+ $22.8k

Vegetable Tanning Extracts’s highest export potential is Russia. With an export gap of $1.15k.   Vegetable Tanning Extracts’s highest import potential is Argentina with an import gap of $22.8k.

See methodology.

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