2022
Exports
$983kWorld Rnk 77 / 186
Flag Rnk 171 / 848
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$2.81MWorld Rnk 81 / 216
Flag Rnk 479 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $983k in Wood Crates, making it the 77th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 171st most exported product in Azerbaijan. The main destination of Wood Crates exports from Azerbaijan are: Turkey ($808k), Latvia ($92.4k), Germany ($39.1k), United Kingdom ($26.9k), and Ukraine ($10.2k).

The fastest growing export markets for Wood Crates of Azerbaijan between 2021 and 2022 were Turkey ($796k), Latvia ($79.9k), and United Kingdom ($26.9k).

Imports In 2022, Azerbaijan imported $2.81M in Wood Crates, becoming the 81st largest importer of Wood Crates in the world. At the same year, Wood Crates was the 479th most imported product in Azerbaijan. Azerbaijan imports Wood Crates primarily from: Turkey ($1.5M), Russia ($894k), Belarus ($275k), Bulgaria ($34.3k), and Italy ($21.6k).

The fastest growing import markets in Wood Crates for Azerbaijan between 2021 and 2022 were Turkey ($630k), Belarus ($266k), and Russia ($40.9k).

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 Wood Crates. 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)$983k
IMPORTS (2022)$2.81M
NET TRADE (2022)-$1.83M

In 2022, Azerbaijan exported $983k in Wood Crates. The main destinations of Azerbaijan exports on Wood Crates were Turkey ($808k), Latvia ($92.4k), Germany ($39.1k), United Kingdom ($26.9k), and Ukraine ($10.2k).

In 2022, Azerbaijan imported $2.81M in Wood Crates, mainly from Turkey ($1.5M), Russia ($894k), Belarus ($275k), Bulgaria ($34.3k), and Italy ($21.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$796k (6.83k%)
Latvia$79.9k (639%)
United Kingdom$26.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Azerbaijan WERE (2021 - 2022):
Germany-$24.1k (-38.1%)
Hungary-$13.9k (-100%)
Slovenia-$2.71k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $95.2k
TOP IMPORT POTENTIALGermany+ $72k

Wood Crates’s highest export potential is Germany. With an export gap of $95.2k.   Wood Crates’s highest import potential is Germany with an import gap of $72k.

See methodology.

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