2023
Exports
$6.7MWorld Rnk 58 / 188
Flag Rnk 68 / 841
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$7.08MWorld Rnk 120 / 226
Flag Rnk 355 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

The fastest growing export markets for Wine of Azerbaijan between 2022 and 2023 were Russia ($1.04M), Turkey ($213k), and Belarus ($109k).

Imports In 2023, Azerbaijan imported $7.08M in Wine, becoming the 120th largest importer of Wine in the world. At the same year, Wine was the 355th most imported product in Azerbaijan. Azerbaijan imports Wine primarily from: Italy ($2.34M), France ($1.99M), Georgia ($787k), Germany ($525k), and Latvia ($366k).

The fastest growing import markets in Wine for Azerbaijan between 2022 and 2023 were France ($1.02M), Italy ($778k), and Latvia ($322k).

Latest Trends

Dec 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 Wine. 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 (2023)$6.7M
IMPORTS (2023)$7.08M
NET TRADE (2023)-$372k

In 2023, Azerbaijan imported $7.08M in Wine, mainly from Italy ($2.34M), France ($1.99M), Georgia ($787k), Germany ($525k), and Latvia ($366k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Russia$1.04M (22.3%)
Turkey$213k (530%)
Belarus$109k (56.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Azerbaijan WERE (2022 - 2023):
China-$30.7k (-29.8%)
Norway-$28.3k (-100%)
Romania-$27.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Azerbaijan's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $1.17M
TOP IMPORT POTENTIALFrance+ $1.01M

Wine’s highest export potential is Russia. With an export gap of $1.17M.   Wine’s highest import potential is France with an import gap of $1.01M.

See methodology.

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